ELECTRO CORBEELS
0439.827.296 · rovalta.com · 22/09/2026
ACTIVE
ELECTRO CORBEELS
Financial year 2025 · closed on 31/12/2025
Net result
521 k €
+289.3% YoY
Gross margin
1,5 M €
+20.7% YoY
Equity
2,9 M €
+13.3% YoY
Workforce
17,3 ETP
+1.2% YoY
Overview
What does ELECTRO CORBEELS do?
ELECTRO CORBEELS is a Public limited company incorporated in 1990. Its main activity is: Electrical installation. Its registered office is in Holsbeek. It employs on average 17,3 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0439.827.296
Incorporation
30/01/1990
Legal form
Public limited company
Registered office
Leuvensebaan 78
3220 Holsbeek · FlandreSee on map
3220 Holsbeek · FlandreSee on map
Contributed capital
148 736,11 €
Latest accounts
31/12/2025
Average workforce
17,3 ETP
Activities (NACE)
43211Electrical installation· main43211Electrical installation45310Wholesale trade of motor vehicle parts and accessories47540Retail sale of electrical household appliances in specialised stores47540Retail sale of electrical household appliances in specialised stores52450Warehousing and support activities for transportation
Joint committees (4)
- 149
- 14901
- 200
- 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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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 | 1,5 M € | +20.7% | 1,2 M € | -21.8% | 1,6 M € | +41.0% | 1,1 M € | -17.7% | 1,4 M € | -3.1% | 1,4 M € | +24.5% | 1,1 M € | -15.9% | 1,3 M € | -30.4% | 1,9 M € | -21.8% | 2,5 M € | +0.7% | 2,4 M € | +26.8% | 1,9 M € | -15.1% | 2,3 M € | +41.7% | 1,6 M € | +10.1% | 1,5 M € | -3.5% | 1,5 M € | -6.3% | 1,6 M € | +9.0% | 1,5 M € | -16.2% | 1,8 M € | +78.0% | 990,1 k € |
| EBITDA | 595,7 k € | +103% | 292,9 k € | -52.6% | 617,5 k € | +172% | 226,7 k € | -37.3% | 361,7 k € | -22.3% | 465,7 k € | +124% | 207,5 k € | -22.2% | 266,8 k € | -64.2% | 746 k € | -41.5% | 1,3 M € | +4.2% | 1,2 M € | +48.4% | 824,8 k € | -22.3% | 1,1 M € | +89.0% | 561,9 k € | +38.7% | 405,2 k € | +34.1% | 302,1 k € | -21.5% | 384,9 k € | -14.2% | 448,6 k € | -43.2% | 789,8 k € | +310% | 192,7 k € |
| Operating result | 503,5 k € | +123% | 225,3 k € | -60.0% | 563,4 k € | +127% | 247,7 k € | -26.2% | 335,8 k € | -26.0% | 454 k € | +192% | 155,3 k € | -29.5% | 220,1 k € | -67.1% | 668,1 k € | -39.6% | 1,1 M € | -1.7% | 1,1 M € | +55.1% | 726 k € | -26.2% | 984,3 k € | +104% | 481,8 k € | +69.5% | 284,2 k € | +29.5% | 219,5 k € | -24.9% | 292 k € | -14.8% | 342,9 k € | -49.9% | 684,6 k € | +560% | 103,8 k € |
| Net result | 521 k € | +289% | 133,8 k € | -58.8% | 324,8 k € | +160% | 124,7 k € | -50.2% | 250,2 k € | -22.8% | 324,3 k € | +50.8% | 215,1 k € | +53.8% | 139,8 k € | -57.1% | 326 k € | -53.5% | 701,4 k € | +2.2% | 686,6 k € | +23.4% | 556,6 k € | -21.3% | 707,1 k € | +108% | 339,7 k € | +60.7% | 211,4 k € | +66.3% | 127,1 k € | -38.3% | 205,8 k € | -19.0% | 253,9 k € | -44.3% | 456,1 k € | +614% | 63,8 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 2,9 M € | +13.3% | 2,6 M € | -26.1% | 3,5 M € | +7.2% | 3,2 M € | +1.0% | 3,2 M € | -2.7% | 3,3 M € | +7.4% | 3,1 M € | +3.9% | 3 M € | -22.6% | 3,8 M € | +5.7% | 3,6 M € | +19.8% | 3 M € | +23.8% | 2,4 M € | +22.7% | 2 M € | +25.7% | 1,6 M € | +18.4% | 1,3 M € | +10.0% | 1,2 M € | +2.9% | 1,2 M € | +17.8% | 1 M € | +18.2% | 847,4 k € | +96.4% | 431,5 k € |
| Total assets | 3,6 M € | -15.5% | 4,3 M € | +5.2% | 4,1 M € | +4.0% | 3,9 M € | -5.7% | 4,1 M € | +1.5% | 4,1 M € | +14.2% | 3,6 M € | -3.2% | 3,7 M € | -29.3% | 5,2 M € | +7.5% | 4,8 M € | +10.5% | 4,4 M € | +9.5% | 4 M € | -10.4% | 4,5 M € | +53.9% | 2,9 M € | +12.2% | 2,6 M € | -7.5% | 2,8 M € | -3.0% | 2,9 M € | +18.2% | 2,4 M € | -3.4% | 2,5 M € | +35.8% | 1,9 M € |
| Cash | 755,8 k € | +73.4% | 435,9 k € | -28.2% | 606,8 k € | -30.6% | 874,5 k € | -18.0% | 1,1 M € | -50.7% | 2,2 M € | +26.2% | 1,7 M € | +26.3% | 1,4 M € | -46.9% | 2,6 M € | +5.0% | 2,4 M € | +5.6% | 2,3 M € | +40.2% | 1,6 M € | -15.8% | 2 M € | +37.8% | 1,4 M € | +23.9% | 1,1 M € | +10.7% | 1 M € | +2.8% | 1 M € | +20.0% | 837,6 k € | +2.0% | 821,3 k € | +81.9% | 451,5 k € |
| Debts | 695,3 k € | -59.1% | 1,7 M € | +217% | 534,9 k € | -18.8% | 659,1 k € | -27.3% | 906,8 k € | +18.2% | 767,5 k € | +57.6% | 486,9 k € | -32.8% | 724,7 k € | -47.7% | 1,4 M € | +15.7% | 1,2 M € | -12.1% | 1,4 M € | -12.9% | 1,6 M € | -20.0% | 2 M € | +47.7% | 1,3 M € | +5.8% | 1,3 M € | -20.9% | 1,6 M € | -7.1% | 1,7 M € | +18.8% | 1,4 M € | -12.2% | 1,6 M € | +17.4% | 1,4 M € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | 17,3 ETP | +1.2% | 17,1 ETP | -10.0% | 19,0 ETP | -7.3% | 20,5 ETP | -2.4% | 21,0 ETP | +8.2% | 19,4 ETP | 0.0% | 19,4 ETP | -11.8% | 22,0 ETP | -14.4% | 25,7 ETP | +2.8% | 25,0 ETP | -6.0% | 26,6 ETP | +9.9% | 24,2 ETP | -10.4% | 27,0 ETP | +14.9% | 23,5 ETP | -12.0% | 26,7 ETP | -15.8% | 31,7 ETP | -0.6% | 31,9 ETP | +11.9% | 28,5 ETP | +9.2% | 26,1 ETP | +31.2% | 19,9 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 2,5 M€ and 5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 4 active · 19 ended
Active mandates
Dave Coenen
ActiveEllen Coenen
ActiveAlex Coenen
ActiveFanny Corbeels
ActiveEnded mandates
Dave Coenen
EndedEllen Coenen
EndedAlex Coenen
EndedDanny Vanderwegen
EndedFinancials
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 | 17/06/2026 | 28/05/2025 | 02/07/2024 | 03/07/2023 | 23/08/2022 | 16/07/2021 |
| General meeting | 20/05/2026 | 20/05/2025 | 11/06/2024 | 20/05/2023 | 20/05/2022 | 20/05/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 20/05/2026 | 17/06/2026 | Dutch | |
| Abridged model | 31/12/2024 | 20/05/2025 | 28/05/2025 | Dutch | |
| Abridged model | 31/12/2023 | 11/06/2024 | 02/07/2024 | Dutch | |
| Abridged model | 31/12/2022 | 20/05/2023 | 03/07/2023 | Dutch | |
| Abridged model | 31/12/2021 | 20/05/2022 | 23/08/2022 | Dutch | |
| Abridged model | 31/12/2020 | 20/05/2021 | 16/07/2021 | Dutch | |
| Abridged model | 31/12/2019 | 20/05/2020 | 29/06/2020 | Dutch | |
| Abridged model | 31/12/2018 | 20/05/2019 | 15/07/2019 | Dutch | |
| Abridged model | 31/12/2017 | 22/05/2018 | 02/07/2018 | Dutch | |
| Abridged model | 31/12/2016 | 20/05/2017 | 24/07/2017 | Dutch | |
| Abridged model | 31/12/2015 | 20/05/2016 | 20/06/2016 | Dutch | |
| Abridged model | 31/12/2014 | 20/05/2015 | 23/07/2015 | Dutch | |
| Abridged model | 31/12/2013 | 20/05/2014 | 27/06/2014 | Dutch | |
| Abridged model | 31/12/2012 | 21/05/2013 | 17/06/2013 | Dutch | |
| Abridged model | 31/12/2011 | 20/05/2012 | 05/07/2012 | Dutch | |
| Abridged model | 31/12/2010 | 20/05/2011 | 01/07/2011 | Dutch | |
| Abridged model | 31/12/2009 | 20/05/2010 | 24/06/2010 | Dutch | |
| Abridged model | 31/12/2008 | 20/05/2009 | 29/06/2009 | Dutch | |
| Abridged model | 31/12/2007 | 20/05/2008 | 10/06/2008 | Dutch | |
| Abridged model | 31/12/2006 | 20/05/2007 | 10/07/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 2,5 M€ and 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 4 active · 19 ended
Active mandates
Dave Coenen
ActiveEllen Coenen
ActiveAlex Coenen
ActiveFanny Corbeels
ActiveEnded mandates
Dave Coenen
EndedEllen Coenen
EndedAlex Coenen
EndedDanny Vanderwegen
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Capital / shares30/05/2025STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
- Mandates06/12/2023ONTSLAGEN - BENOEMINGEN
- Mandates27/10/2023ONTSLAGEN - BENOEMINGEN
- Mandates08/06/2020ONTSLAGEN - BENOEMINGEN
- Capital / shares31/01/2018KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates19/06/2014ONTSLAGEN - BENOEMINGEN
- Capital / shares10/01/2014KAPITAAL - AANDELEN - ALGEMENE VERGADERING
- Mandates26/04/2012ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025521 k €↑
- 2024Annual accounts 2024133,8 k €↓
- 2023Annual accounts 2023324,8 k €↑
- 2022Annual accounts 2022124,7 k €↓
- 2021Annual accounts 2021250,2 k €↓
- 2020Annual accounts 2020324,3 k €↑
- 2019Annual accounts 2019215,1 k €↑
- 2018Annual accounts 2018139,8 k €↓
- 2017Annual accounts 2017326 k €↓
- 2016Annual accounts 2016701,4 k €↑
- 2015Annual accounts 2015686,6 k €↑
- 2014Annual accounts 2014556,6 k €↓
- 2013Annual accounts 2013707,1 k €↑
- 2012Annual accounts 2012339,7 k €↑
- 2011Annual accounts 2011211,4 k €↑
- 2010Annual accounts 2010127,1 k €↓
- 2009Annual accounts 2009205,8 k €↓
- 2008Annual accounts 2008253,9 k €↓
- 2007Annual accounts 2007456,1 k €↑
- 2006Annual accounts 200663,8 k €
- 30/01/1990IncorporationPublic limited company