ACTIVE

AVDE

Financial year 2025 · closed on 31/12/2025
Net result
35,8 k €
+21.4% YoY
Gross margin
732,3 k €
+15.6% YoY
Equity
330,6 k €
+11.0% YoY
Workforce
13,0 ETP
+30.0% YoY

What does AVDE do?

AVDE is a Public limited company incorporated in 1996. Its main activity is: Electrical installation. Its registered office is in Jette. It employs on average 13,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0458.599.964
Incorporation
06/08/1996
Legal form
Public limited company
Registered office
Avenue de l'Exposition 333
1090 Jette · BruxellesSee on map
Contributed capital
80 000,00 €
Latest accounts
31/12/2025
Average workforce
13,0 ETP
Joint committees (4)
  • 149
  • 14901
  • 200
  • 218
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201120102009200820072006
Income statement
Gross margin732,3 k €633,2 k €592 k €523 k €444,5 k €424,9 k €602,2 k €635,5 k €769,8 k €809,4 k €939,8 k €882,7 k €1 M €1,2 M €501,3 k €661,6 k €507,8 k €430,6 k €316,1 k €
EBITDA97,9 k €88 k €71,2 k €38,6 k €47,4 k €68,6 k €115,7 k €108,7 k €128,3 k €115,3 k €113,4 k €69 k €199,1 k €203 k €55,2 k €102,1 k €93 k €58,7 k €53,3 k €
Operating result81,8 k €65,6 k €46,4 k €17 k €35,9 k €58,8 k €100,1 k €88,1 k €107,1 k €85,1 k €83,4 k €34,2 k €141,4 k €145 k €7,2 k €71,5 k €64,9 k €34 k €27,1 k €
Net result35,8 k €29,5 k €28,9 k €34,3 k €21,4 k €37 k €36 k €35,1 k €31,2 k €29,2 k €37 k €-33,4 k €79,1 k €89,3 k €-51,2 k €18,9 k €24,4 k €17,3 k €20 k €
Balance sheet
Equity330,6 k €297,8 k €268,3 k €239,4 k €205 k €183,7 k €146,7 k €110,7 k €75,6 k €44,4 k €15,2 k €-21,8 k €11,6 k €179,8 k €85,3 k €136,5 k €117,6 k €93,2 k €75,8 k €
Total assets1,1 M €843,1 k €721,1 k €829,4 k €999,1 k €873,6 k €858,7 k €1 M €1,1 M €1,3 M €1,3 M €1,3 M €1,6 M €2,5 M €1,5 M €1,1 M €596,9 k €537,1 k €554,2 k €
Cash73,3 k €69,7 k €66,8 k €11,5 k €56,3 k €31,9 k €20,7 k €41,4 k €20,6 k €12,7 k €13,6 k €31,6 k €53,9 k €420,7 k €119,4 k €40,8 k €49,3 k €365,3 €78,5 k €
Debts639,6 k €542,9 k €452,8 k €590 k €794 k €685,1 k €706,1 k €890,9 k €940,9 k €1,2 M €1,2 M €1,3 M €1,6 M €1,1 M €1,4 M €967,1 k €413,7 k €441,2 k €473,8 k €
Other
Workforce13,0 ETP10,0 ETP11,1 ETP9,8 ETP10,7 ETP13,2 ETP13,9 ETP14,8 ETP14,8 ETP15,8 ETP19,9 ETP11,6 ETP12,9 ETP8,5 ETP8,5 ETP8,5 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

Alain VANDER ELST

Director · since 19 janvier 2024 · until 19 janvier 2030

Active
Franck DE KLEERMAECKER

Director · since 19 janvier 2024 · until 19 janvier 2030

Active

Ended mandates

Alain VANDER ELST

Director · since 08 mars 2018 · until 19 janvier 2024

Ended
Franck DE KLEERMAECKER

Director · since 08 mars 2018 · until 19 janvier 2024

Ended
Alain VANDER ELST

Director · since 19 janvier 2012 · until 19 janvier 2018

Ended
Franck DE KLEERMAECKER

Director · since 19 janvier 2012 · until 19 janvier 2018

Ended
At this address

Other companies at this address

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IMPRIMARTActive
0436.743.191
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelMicro 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 date25/08/202605/05/202517/07/202431/07/202329/08/202215/07/2021
General meeting21/08/202613/03/202514/03/202409/03/202310/03/202211/03/2021
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202521/08/202625/08/2026FrenchPDF
Abridged model31/12/202413/03/202505/05/2025FrenchPDF
Abridged model31/12/202314/03/202417/07/2024FrenchPDF
Micro model31/12/202209/03/202331/07/2023FrenchPDF
Abridged model31/12/202110/03/202229/08/2022FrenchPDF
Abridged model31/12/202011/03/202115/07/2021FrenchPDF
Micro model31/12/201912/03/202004/09/2020FrenchPDF
Abridged model31/12/201814/03/201930/08/2019FrenchPDF
Abridged model31/12/201708/03/201830/09/2018FrenchPDF
Abridged model31/12/201609/03/201730/06/2017FrenchPDF
Abridged model31/12/201510/03/201631/05/2016FrenchPDF
Abridged model31/12/201405/10/201521/10/2015FrenchPDF
Abridged model31/12/201325/09/201430/09/2014FrenchPDF
Abridged model31/12/201108/03/201226/10/2012FrenchPDF
Abridged model31/12/201010/03/201123/08/2011FrenchPDF
Abridged model31/12/200911/03/201009/06/2010FrenchPDF
Abridged model31/12/200812/03/200929/07/2009FrenchPDF
Abridged model31/12/200703/04/200830/04/2008FrenchPDF
Abridged model31/12/200608/03/200731/08/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 · 2 active · 8 ended

Active mandates

Alain VANDER ELST

Director · since 19 janvier 2024 · until 19 janvier 2030

Active
Franck DE KLEERMAECKER

Director · since 19 janvier 2024 · until 19 janvier 2030

Active

Ended mandates

Alain VANDER ELST

Director · since 08 mars 2018 · until 19 janvier 2024

Ended
Franck DE KLEERMAECKER

Director · since 08 mars 2018 · until 19 janvier 2024

Ended
Alain VANDER ELST

Director · since 19 janvier 2012 · until 19 janvier 2018

Ended
Franck DE KLEERMAECKER

Director · since 19 janvier 2012 · until 19 janvier 2018

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office08/01/2025
    SIEGE SOCIAL
    PDF
  • Mandates22/11/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates06/12/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/11/2014
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/05/2012
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office30/07/2010
    SIEGE SOCIAL
    PDF
  • Mandates17/02/2006
    DENOMINATION - CAPITAL, ACTIONS - ANNEE COMPTABLE - ASSEMBLEE GENERALE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Registered office28/08/2003
    SIEGE SOCIAL
    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 202535,8 k €
  2. 2024
    Annual accounts 202429,5 k €
  3. 2023
    Annual accounts 202328,9 k €
  4. 2022
    Annual accounts 202234,3 k €
  5. 2021
    Annual accounts 202121,4 k €
  6. 2020
    Annual accounts 202037 k €
  7. 2019
    Annual accounts 201936 k €
  8. 2018
    Annual accounts 201835,1 k €
  9. 2017
    Annual accounts 201731,2 k €
  10. 2016
    Annual accounts 201629,2 k €
  11. 2015
    Annual accounts 201537 k €
  12. 2014
    Annual accounts 2014-33,4 k €
  13. 2013
    Annual accounts 201379,1 k €
  14. 2011
    Annual accounts 201189,3 k €
  15. 2010
    Annual accounts 2010-51,2 k €
  16. 2009
    Annual accounts 200918,9 k €
  17. 2008
    Annual accounts 200824,4 k €
  18. 2007
    Annual accounts 200717,3 k €
  19. 2006
    Annual accounts 200620 k €
  20. 06/08/1996
    IncorporationPublic limited company