ACTIVE

AVDE

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Financial year 2025 · Closed on 31/12/2025

Net result35,8 k €+21,4 %over 1 year

Gross margin732,3 k €+15,6 %over 1 year

Equity330,6 k €+11,0 %over 1 year

Workforce13,0 ETP+30,0 %over 1 year

Identity

Source · BCE/KBO

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

Activities (NACE)

43211Electrical installation· main 43211Electrical installation 45310Wholesale trade of motor vehicle parts and accessories

Joint committees (4)

149
14901
200
218

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	732,3 k €	+15.6%	633,2 k €	+7.0%	592 k €	+13.2%	523 k €	+17.7%	444,5 k €
EBITDA	97,9 k €	+11.3%	88 k €	+23.6%	71,2 k €	+84.2%	38,6 k €	-18.4%	47,4 k €
Operating result	81,8 k €	+24.6%	65,6 k €	+41.3%	46,4 k €	+174%	17 k €	-52.7%	35,9 k €
Net result	35,8 k €	+21.4%	29,5 k €	+2.1%	28,9 k €	-15.8%	34,3 k €	+60.8%	21,4 k €
Balance sheet
Equity	330,6 k €	+11.0%	297,8 k €	+11.0%	268,3 k €	+12.1%	239,4 k €	+16.7%	205 k €
Total assets	1,1 M €	+31.4%	843,1 k €	+16.9%	721,1 k €	-13.1%	829,4 k €	-17.0%	999,1 k €
Cash	73,3 k €	+5.2%	69,7 k €	+4.3%	66,8 k €	+479%	11,5 k €	-79.5%	56,3 k €
Debts	639,6 k €	+17.8%	542,9 k €	+19.9%	452,8 k €	-23.2%	590 k €	-25.7%	794 k €
Other
Workforce	13,0 ETP	+30.0%	10,0 ETP	-9.9%	11,1 ETP		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Alain VANDER ELST	Director19/01/2006 → 19/01/2030
Franck DE KLEERMAECKER	Director19/01/2012 → 19/01/2030

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Tanguy VANDER ESLT	Director19/01/2012 → 2013 accounts
TANGUY VANDER ELST	Director29/03/2001 → 2006 accounts
FRANK DE KLEERMAEKER	Director28/02/2001 → 28/02/2007

Other companies at this address

Avenue de l'Exposition 333 1090 Jette

Company	CBE no.
BE-LIGHTING CONCEPT● Bankrupt	0844.325.612
COVIDEC● Active	0429.590.135
ECLECTIQUE-CONCEPT● Active	0863.958.610
ESTATE TROIS JOURNAUX● Active	0423.849.715
IMPRIMART● Active	0436.743.191

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Micro 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	25/08/2026	05/05/2025	17/07/2024	31/07/2023	29/08/2022	15/07/2021
General meeting	21/08/2026	13/03/2025	14/03/2024	09/03/2023	10/03/2022	11/03/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	21/08/2026	25/08/2026	French	PDF
Abridged model	31/12/2024	13/03/2025	05/05/2025	French	PDF
Abridged model	31/12/2023	14/03/2024	17/07/2024	French	PDF
Micro model	31/12/2022	09/03/2023	31/07/2023	French	PDF
Abridged model	31/12/2021	10/03/2022	29/08/2022	French	PDF
Abridged model	31/12/2020	11/03/2021	15/07/2021	French	PDF
Micro model	31/12/2019	12/03/2020	04/09/2020	French	PDF
Abridged model	31/12/2018	14/03/2019	30/08/2019	French	PDF
Abridged model	31/12/2017	08/03/2018	30/09/2018	French	PDF
Abridged model	31/12/2016	09/03/2017	30/06/2017	French	PDF
Abridged model	31/12/2015	10/03/2016	31/05/2016	French	PDF
Abridged model	31/12/2014	05/10/2015	21/10/2015	French	PDF
Abridged model	31/12/2013	25/09/2014	30/09/2014	French	PDF
Abridged model	31/12/2011	08/03/2012	26/10/2012	French	PDF
Abridged model	31/12/2010	10/03/2011	23/08/2011	French	PDF
Abridged model	31/12/2009	11/03/2010	09/06/2010	French	PDF
Abridged model	31/12/2008	12/03/2009	29/07/2009	French	PDF
Abridged model	31/12/2007	03/04/2008	30/04/2008	French	PDF
Abridged model	31/12/2006	08/03/2007	31/08/2007	French	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Alain VANDER ELST	Director19/01/2006 → 19/01/2030
Franck DE KLEERMAECKER	Director19/01/2012 → 19/01/2030

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Tanguy VANDER ESLT	Director19/01/2012 → 2013 accounts
TANGUY VANDER ELST	Director29/03/2001 → 2006 accounts
FRANK DE KLEERMAEKER	Director28/02/2001 → 28/02/2007

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

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
TRANSFERT DU SIEGE SOCIAL
PDF
Other17/02/2006
Assemblée générale extraordinaire (modifications aux statuts).
PDF
Registered office28/08/2003
SIEGE SOCIAL
PDF

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings19 filings

Mandates

Alain VANDER ELST

Franck DE KLEERMAECKER

Tanguy VANDER ESLT

TANGUY VANDER ELST

FRANK DE KLEERMAEKER

19961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027202820292030

AVDE

Avenue de l'Exposition 333, 1090 JetteRue Communale 44, 1083 Ganshoren

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Avenue de l'Exposition 333, 1090 JetteCurrent	accounts 2024 → 2025	Accounts 2025 · 2026-00422489
Rue Communale 44, 1083 Ganshoren	accounts 2021 → 2023	Accounts 2023 · 2024-00256119

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
AVDECurrent	accounts 2006 → 2025	Accounts 2025 · 2026-00422489

Events

2025
Annual accounts 202535,8 k €↑
2024
Annual accounts 202429,5 k €↑
2023
Annual accounts 202328,9 k €↓
2022
Annual accounts 202234,3 k €↑
2021
Annual accounts 202121,4 k €↓
2020
Annual accounts 202037 k €↑
2019
Annual accounts 201936 k €↑
2018
Annual accounts 201835,1 k €↑
2017
Annual accounts 201731,2 k €↑
2016
Annual accounts 201629,2 k €↓
2015
Annual accounts 201537 k €↑
2014
Annual accounts 2014-33,4 k €↓
2013
Annual accounts 201379,1 k €↓
2011
Annual accounts 201189,3 k €↑
2010
Annual accounts 2010-51,2 k €↓
2009
Annual accounts 200918,9 k €↓
2008
Annual accounts 200824,4 k €↑
2007
Annual accounts 200717,3 k €↓
2006
Annual accounts 200620 k €
06/08/1996
IncorporationPublic limited company

AVDE

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events