ACTIVE

ELECTROVA

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Financial year 2025 · closed on 31/12/2025

Net result

159,3 k €

-39.7% YoY

Gross margin

902,3 k €

-7.5% YoY

Equity

2,2 M €

+7.8% YoY

Workforce

7,8 ETP

+8.3% YoY

What does ELECTROVA do?

ELECTROVA is a Private limited company incorporated in 1988. Its main activity is: Manufacture of electric motors, generators and transformers. Its registered office is in Oudenaarde. It employs on average 7,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0435.910.872

Incorporation

06/12/1988

Legal form

Private limited company

Registered office

Ambachtsstraat 10
9700 Oudenaarde · FlandreSee on map

Contributed capital

395 789,35 €

Latest accounts

31/12/2025

Average workforce

7,8 ETP

Activities (NACE)

27110Manufacture of electric motors, generators and transformers· main 27110Manufacture of electric motors, generators and transformers 31100Manufacture of furniture 52720Warehousing and support activities for transportation 95210Repair of consumer electronics 95210Repair of consumer electronics+3

Joint committees (1)

14901

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	902,3 k €	-7.5%	975,6 k €	+28.5%	759,1 k €	+6.4%	713,4 k €	+47.2%	484,8 k €	-5.1%	511 k €	+4.8%	487,5 k €	+9.5%	445,4 k €	+7.4%	414,8 k €	-10.7%	464,3 k €	+8.5%	428,1 k €	-13.0%	492 k €	+9.6%	449,1 k €	+30.0%	345,5 k €	+7.3%	322 k €	+8.3%	297,3 k €	+6.4%	279,4 k €	-4.0%	291 k €	-8.1%	316,8 k €	-4.4%	331,4 k €
EBITDA	271,9 k €	-37.1%	432,1 k €	+52.0%	284,2 k €	-24.2%	374,7 k €	+194%	127,4 k €	-12.2%	145,1 k €	+13.8%	127,5 k €	+40.1%	91 k €	+18.1%	77,1 k €	-44.0%	137,7 k €	+26.9%	108,6 k €	-18.5%	133,2 k €	+11.2%	119,8 k €	+17.2%	102,2 k €	+10.8%	92,3 k €	+6.6%	86,6 k €	+18.0%	73,4 k €	-22.5%	94,8 k €	-20.5%	119,3 k €	-17.5%	144,6 k €
Operating result	216,6 k €	-38.6%	353 k €	+44.7%	244 k €	-21.0%	308,9 k €	+289%	79,5 k €	-15.0%	93,6 k €	+34.1%	69,8 k €	+83.9%	37,9 k €	+26.6%	30 k €	-30.9%	43,4 k €	+6.2%	40,9 k €	-19.1%	50,5 k €	-5.7%	53,5 k €	+33.5%	40,1 k €	-16.0%	47,7 k €	+205%	-45,4 k €	-197%	46,9 k €	-12.7%	53,7 k €	-29.7%	76,4 k €	-22.9%	99,1 k €
Net result	159,3 k €	-39.7%	264,1 k €	+57.7%	167,5 k €	-24.7%	222,3 k €	+452%	40,3 k €	-33.7%	60,7 k €	+38.9%	43,7 k €	+83.2%	23,9 k €	+84.7%	12,9 k €	-46.3%	24 k €	+651%	3,2 k €	-94.2%	55,1 k €	+34.7%	41 k €	-2.0%	41,8 k €	+9.5%	38,2 k €	+185%	-44,6 k €	-185%	52,3 k €	+2.3%	51,1 k €	-20.6%	64,4 k €	-17.3%	77,9 k €
Balance sheet
Equity	2,2 M €	+7.8%	2 M €	+96.8%	1 M €	+19.4%	864,2 k €	+10.8%	779,8 k €	+2.1%	763,6 k €	-19.9%	952,9 k €	+4.8%	909,2 k €	+2.7%	885,4 k €	+1.5%	872,4 k €	+2.8%	848,4 k €	+0.4%	845,2 k €	+7.0%	790 k €	-3.4%	818,1 k €	+5.4%	776,3 k €	+5.2%	738,1 k €	-5.7%	782,8 k €	+7.2%	730,5 k €	+7.5%	679,4 k €	+10.5%	615 k €
Total assets	2,6 M €	+3.2%	2,6 M €	+78.6%	1,4 M €	+5.9%	1,4 M €	+13.0%	1,2 M €	+2.0%	1,2 M €	-14.1%	1,4 M €	-7.4%	1,5 M €	+7.3%	1,4 M €	-3.5%	1,4 M €	+3.6%	1,4 M €	-7.2%	1,5 M €	-9.9%	1,6 M €	+6.7%	1,5 M €	+12.1%	1,4 M €	+0.3%	1,4 M €	+53.2%	895,7 k €	+2.4%	874,5 k €	-3.3%	904,7 k €	+10.1%	821,9 k €
Cash	151,1 k €	-40.2%	252,7 k €	+65.6%	152,5 k €	-48.4%	295,6 k €	+144%	121,4 k €	+12.0%	108,4 k €	-68.9%	348,3 k €	+39.8%	249,1 k €	+56.7%	158,9 k €	-31.0%	230,3 k €	+5.5%	218,3 k €	-6.7%	233,9 k €	+33.1%	175,7 k €	+164%	66,4 k €	+147%	26,9 k €	-65.0%	76,8 k €	-60.4%	193,9 k €	+188%	67,3 k €	-74.5%	263,9 k €	+75.1%	150,7 k €
Debts	417,6 k €	-14.2%	486,8 k €	+36.7%	356,2 k €	-19.6%	443,3 k €	+7.0%	414,5 k €	+1.8%	407 k €	-1.0%	411,1 k €	-27.0%	563,5 k €	+15.8%	486,7 k €	-11.5%	550,3 k €	+3.8%	530 k €	-16.5%	634,5 k €	-17.3%	767,7 k €	+6.5%	721 k €	+21.0%	595,8 k €	-6.1%	634,3 k €	+462%	112,9 k €	-21.6%	144 k €	-36.1%	225,3 k €	+8.9%	206,9 k €
Other
Workforce	7,8 ETP	+8.3%	7,2 ETP	+2.9%	7,0 ETP	+22.8%	5,7 ETP	-12.3%	6,5 ETP	-9.7%	7,2 ETP	+12.5%	6,4 ETP	-1.5%	6,5 ETP	+1.6%	6,4 ETP	-1.5%	6,5 ETP	+3.2%	6,3 ETP	-11.3%	7,1 ETP	+6.0%	6,7 ETP	+31.4%	5,1 ETP	+2.0%	5,0 ETP	+2.0%	4,9 ETP	+2.1%	4,8 ETP	0.0%	4,8 ETP	0.0%	4,8 ETP	0.0%	4,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 6 ended

Active mandates

Filip Debruyne

Director

Active

Luc Vanden Dorpe

Managing director

Active

Rene Schepens

Director

Active

Simon Vandermersch

Director

Active

VAPOCO

Managing director · 1030.604.808

Represented by Jan Vanden Dorpe

Active

Ended mandates

Jan Vanden Dorpe

Mandate

Ended

Jan Vanden Dorpe

Director

Ended

Jan Vanden Dorpe

Manager

Ended

Luc Vanden Dorpe

Mandate

Ended

At this address

Other companies at this address

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AREC KOELTECHNIEK● Active	0883.230.728
A-RENTING● Active	0643.592.030
GROEP AREC● Active	0733.744.820

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	04/06/2026	05/06/2025	06/06/2024	15/06/2023	16/06/2022	10/06/2021
General meeting	29/05/2026	31/05/2025	31/05/2024	31/05/2023	10/06/2022	31/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	29/05/2026	04/06/2026	Dutch	PDF
Abridged model	31/12/2024	31/05/2025	05/06/2025	Dutch	PDF
Abridged model	31/12/2023	31/05/2024	06/06/2024	Dutch	PDF
Abridged model	31/12/2022	31/05/2023	15/06/2023	Dutch	PDF
Abridged model	31/12/2021	10/06/2022	16/06/2022	Dutch	PDF
Abridged model	31/12/2020	31/05/2021	10/06/2021	Dutch	PDF
Abridged model	31/12/2019	29/05/2020	04/06/2020	Dutch	PDF
Abridged model	31/12/2018	31/05/2019	13/06/2019	Dutch	PDF
Abridged model	31/12/2017	31/05/2018	07/06/2018	Dutch	PDF
Abridged model	31/12/2016	31/05/2017	08/06/2017	Dutch	PDF
Abridged model	31/12/2015	31/05/2016	08/06/2016	Dutch	PDF
Abridged model	31/12/2014	29/05/2015	25/06/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	05/06/2014	Dutch	PDF
Abridged model	31/12/2012	31/05/2013	12/06/2013	Dutch	PDF
Abridged model	31/12/2011	25/05/2012	14/06/2012	Dutch	PDF
Abridged model	31/12/2010	27/05/2011	01/06/2011	Dutch	PDF
Abridged model	31/12/2009	28/05/2010	03/06/2010	Dutch	PDF
Abridged model	31/12/2008	29/05/2009	04/06/2009	Dutch	PDF
Abridged model	31/12/2007	30/05/2008	02/06/2008	Dutch	PDF
Abridged model	31/12/2006	25/05/2007	01/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 6 ended

Active mandates

Filip Debruyne

Director

Active

Luc Vanden Dorpe

Managing director

Active

Rene Schepens

Director

Active

Simon Vandermersch

Director

Active

VAPOCO

Managing director · 1030.604.808

Represented by Jan Vanden Dorpe

Active

Ended mandates

Jan Vanden Dorpe

Mandate

Ended

Jan Vanden Dorpe

Director

Ended

Jan Vanden Dorpe

Manager

Ended

Luc Vanden Dorpe

Mandate

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates08/12/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/12/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office20/06/2019
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares11/12/2013
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 2025159,3 k €↓
2024
Annual accounts 2024264,1 k €↑
2023
Annual accounts 2023167,5 k €↓
2022
Annual accounts 2022222,3 k €↑
2021
Annual accounts 202140,3 k €↓
2020
Annual accounts 202060,7 k €↑
2019
Annual accounts 201943,7 k €↑
2018
Annual accounts 201823,9 k €↑
2017
Annual accounts 201712,9 k €↓
2016
Annual accounts 201624 k €↑
2015
Annual accounts 20153,2 k €↓
2014
Annual accounts 201455,1 k €↑
2013
Annual accounts 201341 k €↓
2012
Annual accounts 201241,8 k €↑
2011
Annual accounts 201138,2 k €↑
2010
Annual accounts 2010-44,6 k €↓
2009
Annual accounts 200952,3 k €↑
2008
Annual accounts 200851,1 k €↓
2007
Annual accounts 200764,4 k €↓
2006
Annual accounts 200677,9 k €
06/12/1988
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ELECTROVA

Overview

What does ELECTROVA do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline