ACTIVE

CATHELEC

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Financial year 2025 · closed on 31/12/2025

Net result

945,7 k €

+2399.5% YoY

Gross margin

1,3 M €

+1095.9% YoY

Equity

2 M €

+305.9% YoY

What does CATHELEC do?

CATHELEC is a Public limited company incorporated in 1990. Its main activity is: Other professional, scientific and technical activities. Its registered office is in Woluwe-Saint-Pierre.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0440.777.797

Incorporation

02/05/1990

Legal form

Public limited company

Registered office

Avenue de Tervueren 313
1150 Woluwe-Saint-Pierre · BruxellesSee on map

Contributed capital

198 314,82 €

Latest accounts

31/12/2025

Activities (NACE)

74854Other professional, scientific and technical activities· main 82100Office administrative and support activities 82110Combined office administrative service activities

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2012		2011		2010		2009		2008
Income statement
Gross margin	1,3 M €	+1096%	110 k €	-14.3%	128,3 k €	-18.5%	157,5 k €	-0.8%	158,7 k €	-5.7%	168,3 k €	+20.2%	140,1 k €	-11.7%	158,6 k €	+4.6%	151,6 k €	+9.8%	138,1 k €	+30.5%	105,8 k €	-28.9%	148,8 k €	-20.7%	187,5 k €	-1.4%	190,1 k €	+35.5%	140,3 k €	+1.7%	138 k €	+55.0%	89 k €
EBITDA	1,3 M €	+1483%	81,7 k €	-21.6%	104,3 k €	-25.8%	140,5 k €	-2.5%	144,2 k €	-5.4%	152,4 k €	+23.7%	123,1 k €	-14.8%	144,5 k €	+5.6%	136,8 k €	+12.5%	121,7 k €	+11.1%	109,5 k €	-18.0%	133,6 k €	-19.7%	166,3 k €	-7.6%	180 k €	+42.2%	126,6 k €	+34.4%	94,2 k €	+59.0%	59,3 k €
Operating result	1,3 M €	+2169%	55,7 k €	+4919%	1,1 k €	-98.6%	76,5 k €	-4.6%	80,2 k €	+7.0%	74,9 k €	+124%	33,5 k €	-39.0%	54,9 k €	+16.3%	47,2 k €	+47.4%	32 k €	+61.4%	19,8 k €	-54.8%	43,9 k €	-42.8%	76,8 k €	-25.7%	103,2 k €	+107%	49,9 k €	+137%	21,1 k €	+204%	-20,2 k €
Net result	945,7 k €	+2399%	37,8 k €	+7151%	521,8 €	-99.1%	56,6 k €	+0.6%	56,3 k €	+11.9%	50,3 k €	+255%	14,2 k €	-62.5%	37,7 k €	+53.0%	24,7 k €	+249%	7,1 k €	+182%	-8,6 k €	-158%	14,8 k €	-64.5%	41,8 k €	-38.1%	67,5 k €	+3531%	-2 k €	+90.6%	-20,9 k €	+69.5%	-68,6 k €
Balance sheet
Equity	2 M €	+306%	492,6 k €	+8.3%	454,8 k €	+0.1%	454,2 k €	+14.2%	397,6 k €	+16.5%	341,3 k €	+17.3%	291 k €	+5.1%	276,8 k €	+15.8%	239,1 k €	+11.5%	214,4 k €	+3.4%	207,4 k €	-4.0%	215,9 k €	+20.3%	179,5 k €	+30.3%	137,7 k €	+96.1%	70,2 k €	-2.7%	72,2 k €	-22.5%	93,1 k €
Total assets	2,4 M €	+301%	591,7 k €	-10.2%	658,8 k €	-4.5%	689,8 k €	-0.8%	695,2 k €	-9.0%	764 k €	-12.0%	867,7 k €	-8.9%	952,7 k €	-8.1%	1 M €	-7.8%	1,1 M €	-8.4%	1,2 M €	-6.9%	1,3 M €	-14.4%	1,5 M €	-8.7%	1,7 M €	+3.2%	1,6 M €	-6.9%	1,8 M €	+22.4%	1,4 M €
Cash	132,3 k €	+65.8%	79,8 k €	-3.7%	82,9 k €	+9.9%	75,4 k €	+351%	16,7 k €	+7.9%	15,5 k €	-67.4%	47,5 k €	+2.0%	46,6 k €	+15.6%	40,3 k €	+4.2%	38,7 k €	+27.3%	30,4 k €	+3.3%	29,4 k €	-64.7%	83,3 k €	-46.5%	155,8 k €	+440%	28,8 k €	-52.2%	60,3 k €	-61.3%	155,6 k €
Debts	90,1 k €	+771%	10,3 k €	-72.0%	36,9 k €	-50.3%	74,2 k €	-27.1%	101,8 k €	-46.6%	190,6 k €	-38.4%	309,2 k €	-17.7%	375,9 k €	-19.1%	464,8 k €	-14.6%	544,4 k €	-12.5%	621,8 k €	-12.6%	711,9 k €	-20.1%	890,9 k €	-15.2%	1,1 M €	-5.8%	1,1 M €	-4.1%	1,2 M €	+9.4%	1,1 M €

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 5 ended

Active mandates

Agnes Dubois

Mandate

Active

Annick Leclair

Mandate

Active

Marie-Hélène Pirenne

Mandate

Active

Ended mandates

Agnès Dubois

Director

Ended

Christel Jennen

Mandate

Ended

Christel Jennen

Director

Ended

Marie Hélène Pirenne

Director

Ended

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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	10/07/2026	10/07/2025	13/08/2024	05/09/2023	30/08/2022	29/07/2021
General meeting	01/07/2026	14/06/2025	08/06/2024	06/06/2023	07/06/2022	08/06/2021
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	01/07/2026	10/07/2026	French	PDF
Abridged model	31/12/2024	14/06/2025	10/07/2025	French	PDF
Abridged model	31/12/2023	08/06/2024	13/08/2024	French	PDF
Abridged model	31/12/2022	06/06/2023	05/09/2023	French	PDF
Abridged model	31/12/2021	07/06/2022	30/08/2022	French	PDF
Abridged model	31/12/2020	08/06/2021	29/07/2021	French	PDF
Abridged model	31/12/2019	09/06/2020	31/07/2020	French	PDF
Abridged model	31/12/2018	08/06/2019	24/08/2019	French	PDF
Abridged model	31/12/2017	30/06/2018	26/10/2018	French	PDF
Abridged model	31/12/2016	30/06/2017	24/08/2017	French	PDF
Abridged model	31/12/2015	30/06/2016	11/08/2016	French	PDF
Abridged model	31/12/2014	30/06/2015	07/08/2015	French	PDF
Abridged model	31/12/2013	30/06/2014	14/08/2014	French	PDF
Abridged model	31/12/2012	30/06/2013	14/08/2013	French	PDF
Abridged model	31/12/2011	30/06/2012	23/08/2012	French	PDF
Abridged model	31/12/2010	13/06/2011	29/09/2011	French	PDF
Abridged model	31/12/2009	12/06/2010	22/10/2010	French	PDF
Abridged model	31/12/2008	13/06/2009	22/10/2010	French	PDF
Abridged model	31/12/2007	27/06/2008	29/10/2008	French	PDF
Abridged model	31/12/2006	29/06/2007	20/07/2007	French	PDF

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.

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 · 3 active · 5 ended

Active mandates

Agnes Dubois

Mandate

Active

Annick Leclair

Mandate

Active

Marie-Hélène Pirenne

Mandate

Active

Ended mandates

Agnès Dubois

Director

Ended

Christel Jennen

Mandate

Ended

Christel Jennen

Director

Ended

Marie Hélène Pirenne

Director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates02/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DEMISSIONS, NOMINATIONS
PDF
Mandates24/01/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates06/12/2011
DEMISSIONS, NOMINATIONS
PDF
Mandates08/11/2007
DEMISSIONS, NOMINATIONS
PDF
Mandates09/01/2006
DEMISSIONS, NOMINATIONS
PDF
Mandates08/03/2004
DEMISSIONS, NOMINATIONS
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 2025945,7 k €↑
2024
Annual accounts 202437,8 k €↑
2023
Annual accounts 2023521,8 €↓
2022
Annual accounts 202256,6 k €↑
2021
Annual accounts 202156,3 k €↑
2020
Annual accounts 202050,3 k €↑
2019
Annual accounts 201914,2 k €↓
2018
Annual accounts 201837,7 k €↑
2017
Annual accounts 201724,7 k €↑
2016
Annual accounts 20167,1 k €↑
2015
Annual accounts 2015-8,6 k €↓
2014
Annual accounts 201414,8 k €↓
2012
Annual accounts 201241,8 k €↓
2011
Annual accounts 201167,5 k €↑
2010
Annual accounts 2010-2 k €↑
2009
Annual accounts 2009-20,9 k €↑
2008
Annual accounts 2008-68,6 k €
02/05/1990
IncorporationPublic 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

CATHELEC

Overview

What does CATHELEC do?

Trend over 17 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