ACTIVE

ELECTROCOAT GENK

Financial year 2025 · closed on 31/12/2025
Net result
125,4 k €
-77.6% YoY
Revenue
6 M €
-1.9% YoY
Equity
2,2 M €
+6.1% YoY
Workforce
22,6 ETP
+1.3% YoY

What does ELECTROCOAT GENK do?

ELECTROCOAT GENK is a Public limited company incorporated in 1990. Its registered office is in Genk. It employs on average 22,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0441.514.207
Incorporation
20/06/1990
Legal form
Public limited company
Registered office
Bosdel 61
3600 Genk · FlandreSee on map
Contributed capital
2 565 000,00 €
Latest accounts
31/12/2025
Average workforce
22,6 ETP
Joint committees (2)
  • 111
  • 209
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Revenue6 M €6,1 M €5,2 M €5,4 M €4,7 M €4 M €4,1 M €3,6 M €4,1 M €3,8 M €3,5 M €3,3 M €3,3 M €3,5 M €3,7 M €3,5 M €5,3 M €6,1 M €5,3 M €4,7 M €
EBITDA505,7 k €878 k €655,7 k €-60,7 k €478,2 k €388,9 k €380,5 k €-115,1 k €142,6 k €38,2 k €-130,7 k €37,1 k €-182 k €157,4 k €114,8 k €-150 k €275 k €417,3 k €690,6 k €363,3 k €
Operating result126 k €543,7 k €355,8 k €-312,3 k €247,9 k €237,8 k €244,6 k €-261,3 k €-13,3 k €-146,2 k €-406 k €-248,8 k €-472,6 k €-125,8 k €-155,2 k €-450 k €-27,5 k €122,2 k €425,5 k €79,2 k €
Net result125,4 k €560 k €341,1 k €-328,9 k €238,9 k €228,9 k €234,4 k €-269,1 k €-19,7 k €-150,8 k €-530,1 k €-237,1 k €-458,6 k €-69,1 k €-6,4 k €-343,5 k €112,2 k €409,7 k €678,7 k €322,4 k €
Balance sheet
Equity2,2 M €2,1 M €1,5 M €1,2 M €1,5 M €1,3 M €1,1 M €825,6 k €1,1 M €1,1 M €1,3 M €1,8 M €2 M €3,5 M €5,7 M €7,7 M €8,1 M €8 M €8 M €8 M €
Total assets3,6 M €3,8 M €3,4 M €3,4 M €3,2 M €2,7 M €2,5 M €2,6 M €2,8 M €2,7 M €3,1 M €3,3 M €4 M €4,3 M €8,6 M €8,4 M €9 M €9,4 M €9,5 M €8,7 M €
Cash326 k €414,9 k €143,7 k €160,9 k €130 k €228,7 k €175,7 k €119,9 k €95,4 k €78,9 k €169 k €69,6 k €107,4 k €139,3 k €25,5 k €200,1 k €131,4 k €154,3 k €13,4 k €31,5 k €
Debts1,4 M €1,7 M €1,8 M €2,1 M €1,6 M €1,3 M €1,3 M €1,7 M €1,6 M €1,3 M €1,6 M €1,3 M €1,7 M €523,6 k €2,6 M €412,1 k €762,4 k €1,2 M €1,4 M €623 k €
Other
Workforce22,6 ETP22,3 ETP21,5 ETP20,8 ETP18,8 ETP20,0 ETP20,0 ETP18,7 ETP18,3 ETP18,0 ETP24,1 ETP25,5 ETP28,8 ETP30,2 ETP33,7 ETP39,7 ETP44,0 ETP42,1 ETP43,1 ETP44,0 ETP
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 · 4 active · 33 ended

Active mandates

H. LENAERS

Director · since 18 juin 2024 · until 18 juin 2030

Active
K. BELJAARS

Director · since 18 juin 2024 · until 18 juin 2030

Active
N.P BELJAARS

Managing director · since 18 juin 2024 · until 18 juin 2030

Active
WEERT GROEP INVEST BELGIE

Chairman of the board of directors · since 18 juin 2024 · until 18 juin 2030 · 0444.270.292

Represented by M. BELJAARS-MUYSERS

Active

Ended mandates

A. VOS

Director · since 26 avril 2018 · until 04 avril 2024

Ended
A. VOS

Director · since 26 avril 2018 · until 25 avril 2024

Ended
A. VOS

Director · since 26 avril 2018 · until 18 juin 2024

Ended
M. BELJAARS-MUYSERS

Chairman of the board of directors · since 26 avril 2018 · until 04 avril 2024

Ended
At this address

Other companies at this address

CompanyCBE no.
0444.270.292
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date19/06/202609/07/202527/05/202405/06/202319/05/202220/05/2021
General meeting12/06/202613/06/202506/05/202405/05/202328/04/202222/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202512/06/202619/06/2026DutchPDF
Full model31/12/202413/06/202509/07/2025DutchPDF
Full model31/12/202306/05/202427/05/2024DutchPDF
Full model31/12/202205/05/202305/06/2023DutchPDF
Full model31/12/202128/04/202219/05/2022DutchPDF
Full model31/12/202022/04/202120/05/2021DutchPDF
Full model31/12/201923/04/202015/05/2020DutchPDF
Full model31/12/201823/04/201913/05/2019DutchPDF
Full model31/12/201726/04/201825/05/2018DutchPDF
Full model31/12/201606/04/201701/06/2017DutchPDF
Full model31/12/201507/04/201613/05/2016DutchPDF
Full model31/12/201402/04/201522/06/2015DutchPDF
Full model31/12/201303/04/201421/05/2014DutchPDF
Full model31/12/201204/04/201311/04/2013DutchPDF
Full model31/12/201105/04/201214/06/2012DutchPDF
Full model31/12/201007/04/201113/05/2011DutchPDF
Full model31/12/200901/04/201003/06/2010DutchPDF
Full model31/12/200802/04/200924/06/2009DutchPDF
Full model31/12/200712/06/200830/06/2008DutchPDF
Full model31/12/200614/06/200709/07/2007DutchPDF
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 · 4 active · 33 ended

Active mandates

H. LENAERS

Director · since 18 juin 2024 · until 18 juin 2030

Active
K. BELJAARS

Director · since 18 juin 2024 · until 18 juin 2030

Active
N.P BELJAARS

Managing director · since 18 juin 2024 · until 18 juin 2030

Active
WEERT GROEP INVEST BELGIE

Chairman of the board of directors · since 18 juin 2024 · until 18 juin 2030 · 0444.270.292

Represented by M. BELJAARS-MUYSERS

Active

Ended mandates

A. VOS

Director · since 26 avril 2018 · until 04 avril 2024

Ended
A. VOS

Director · since 26 avril 2018 · until 25 avril 2024

Ended
A. VOS

Director · since 26 avril 2018 · until 18 juin 2024

Ended
M. BELJAARS-MUYSERS

Chairman of the board of directors · since 26 avril 2018 · until 04 avril 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates11/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other05/03/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates13/09/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/10/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/08/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/11/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/07/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares31/10/2013
    KAPITAAL - AANDELEN
    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

Timeline

  1. 2025
    Annual accounts 2025125,4 k €
  2. 2024
    Annual accounts 2024560 k €
  3. 2023
    Annual accounts 2023341,1 k €
  4. 2022
    Annual accounts 2022-328,9 k €
  5. 2021
    Annual accounts 2021238,9 k €
  6. 2020
    Annual accounts 2020228,9 k €
  7. 2019
    Annual accounts 2019234,4 k €
  8. 2018
    Annual accounts 2018-269,1 k €
  9. 2017
    Annual accounts 2017-19,7 k €
  10. 2016
    Annual accounts 2016-150,8 k €
  11. 2015
    Annual accounts 2015-530,1 k €
  12. 2014
    Annual accounts 2014-237,1 k €
  13. 2013
    Annual accounts 2013-458,6 k €
  14. 2012
    Annual accounts 2012-69,1 k €
  15. 2011
    Annual accounts 2011-6,4 k €
  16. 2010
    Annual accounts 2010-343,5 k €
  17. 2009
    Annual accounts 2009112,2 k €
  18. 2008
    Annual accounts 2008409,7 k €
  19. 2007
    Annual accounts 2007678,7 k €
  20. 2006
    Annual accounts 2006322,4 k €
  21. 20/06/1990
    IncorporationPublic limited company