ACTIVE

ELECTRICITEITSWERKEN GIELEN

Financial year 2025 · Closed on 31/12/2025

Net result488,7 k €-58,5 %over 1 year
Revenue11,9 M €
Equity4,2 M €+13,1 %over 1 year
Workforce30,0 ETP-5,4 %over 1 year

Identity

Source · BCE/KBO

ELECTRICITEITSWERKEN GIELEN is a Public limited company incorporated in 1987. Its main activity is: Electrical installation. Its registered office is in Lommel. It employs on average 30,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0432.193.693
Incorporation
06/10/1987
Legal form
Public limited company
Registered office
Schoolstraat 65
3920 Lommel · FlandreSee on map
Contributed capital
91 975,17 €
Latest accounts
31/12/2025
Average workforce
30,0 ETP
Joint committees (4)
  • 14901
  • 2000
  • 20000
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue11,9 M €––––
EBITDA787 k €1,7 M €1,7 M €768,2 k €1 M €
Operating result678,4 k €1,6 M €1,6 M €681,9 k €923,6 k €
Net result488,7 k €1,2 M €1,2 M €507,9 k €693,3 k €
Balance sheet
Equity4,2 M €3,7 M €2,5 M €1,7 M €1,5 M €
Total assets6,3 M €6 M €5 M €3,5 M €3,9 M €
Cash543,1 k €1,2 M €576,9 k €1,3 M €1,4 M €
Debts2,1 M €2,2 M €2,3 M €1,8 M €2,4 M €
Other
Workforce30,0 ETP31,7 ETP32,5 ETP33,5 ETP33,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 6 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Florian Jung
Director30/01/2026 → 12/05/2031
Marinus Megens
Director27/03/2024 → 16/03/2026
Oliver Nehring
Director27/03/2024 → 12/05/2031

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Martinus Megens
Director27/03/2024 → 2024 accounts
WATERWEG0558.892.125Represented by Jan Vangeel
Directorlisted until the 2023 accounts
Johny Gielen
Director24/06/2019 → 2022 accounts
S&G INVEST0728.506.919Represented by Tijl Schroeyers
Managing director24/06/2019 → 2022 accounts

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date17/07/202613/07/202523/07/202405/06/202316/06/202204/06/2021
General meeting30/06/202630/06/202526/06/202426/05/202327/05/202228/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/06/202617/07/2026DutchPDF
Abridged model31/12/202430/06/202513/07/2025DutchPDF
Abridged model31/12/202326/06/202423/07/2024DutchPDF
Abridged model31/12/202226/05/202305/06/2023DutchPDF
Abridged model31/12/202127/05/202216/06/2022DutchPDF
Abridged model31/12/202028/05/202104/06/2021DutchPDF
Abridged model31/12/201929/05/202005/06/2020DutchPDF
Abridged model31/12/201831/05/201928/06/2019DutchPDF
Abridged model31/12/201725/05/201807/06/2018DutchPDF
Abridged model31/12/201626/05/201723/06/2017DutchPDF
Abridged model31/12/201527/05/201624/06/2016DutchPDF
Abridged model31/12/201429/05/201518/06/2015DutchPDF
Abridged model31/12/201330/05/201425/06/2014DutchPDF
Abridged model31/12/201231/05/201326/06/2013DutchPDF
Abridged model31/12/201125/05/201203/06/2012DutchPDF
Abridged model31/12/201027/05/201101/06/2011DutchPDF
Abridged model31/12/200928/05/201009/06/2010DutchPDF
Abridged model31/12/200802/06/200902/07/2009DutchPDF
Abridged model31/12/200720/06/200820/06/2008DutchPDF
Abridged model31/12/200602/05/200703/05/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 6 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Florian Jung
Director30/01/2026 → 12/05/2031
Marinus Megens
Director27/03/2024 → 16/03/2026
Oliver Nehring
Director27/03/2024 → 12/05/2031

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Martinus Megens
Director27/03/2024 → 2024 accounts
WATERWEG0558.892.125Represented by Jan Vangeel
Directorlisted until the 2023 accounts
Johny Gielen
Director24/06/2019 → 2022 accounts
S&G INVEST0728.506.919Represented by Tijl Schroeyers
Managing director24/06/2019 → 2022 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates08/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/03/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/04/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other05/04/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates09/09/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/07/2019
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings19 filings
Mandates
Florian Jung
Oliver Nehring
Marinus Megens
WATERWEG
Martinus Megens
S&G INVEST
Johny Gielen
Gerda Meus
GERDA MUES
198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031
ELECTRICITEITSWERKEN GIELEN
Schoolstraat 65, 3920 Lommel
Director
Director
Director
Managing director
DirectorManaging director
Director
DirectorAdministrator - manager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Schoolstraat 65, 3920 LommelCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00313670

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
ELECTRICITEITSWERKEN GIELENCurrent
accounts 2006 → 2025
Accounts 2025 · 2026-00313670

Events

  1. 2025
    Annual accounts 2025488,7 k €↓
  2. 2024
    Annual accounts 20241,2 M €↓
  3. 2023
    Annual accounts 20231,2 M €↑
  4. 2022
    Annual accounts 2022507,9 k €↓
  5. 2021
    Annual accounts 2021693,3 k €↑
  6. 2020
    Annual accounts 2020433,2 k €↓
  7. 2019
    Annual accounts 2019564,1 k €↑
  8. 2018
    Annual accounts 2018416 k €↑
  9. 2017
    Annual accounts 2017164,8 k €↑
  10. 2016
    Annual accounts 2016121,6 k €↑
  11. 2015
    Annual accounts 201580,1 k €↑
  12. 2014
    Annual accounts 20144,2 k €↑
  13. 2013
    Annual accounts 20132,5 k €↑
  14. 2012
    Annual accounts 20121,7 k €↑
  15. 2011
    Annual accounts 20111 k €↓
  16. 2010
    Annual accounts 2010139,6 k €↑
  17. 2009
    Annual accounts 2009136 k €↑
  18. 2007
    Annual accounts 2007134,8 k €↑
  19. 2006
    Annual accounts 2006126,2 k €
  20. 06/10/1987
    IncorporationPublic limited company