ACTIVE

STANDELEC

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Financial year 2025 · closed on 31/12/2025

Net result

639,1 k €

+23.1% YoY

Gross margin

2 M €

+16.2% YoY

Equity

1,7 M €

-19.0% YoY

Workforce

11,0 ETP

+6.8% YoY

What does STANDELEC do?

STANDELEC is a Public limited company incorporated in 1996. Its main activity is: Electrical installation. Its registered office is in Kuurne. It employs on average 11,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0458.803.862

Incorporation

17/09/1996

Legal form

Public limited company

Registered office

Noordlaan 5 box 5
8520 Kuurne · FlandreSee on map

Contributed capital

61 973,38 €

Latest accounts

31/12/2025

Average workforce

11,0 ETP

Activities (NACE)

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

Joint committees (2)

149
14901

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2024		2023		2022		2021		2018		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	2 M €	+16.2%	1,7 M €	-12.5%	2 M €	+20.3%	1,7 M €	+68.8%	984,1 k €	-38.3%	1,6 M €	+59.2%	1 M €	+33.0%	752,9 k €	-26.6%	1 M €	+49.0%	688,8 k €	-5.8%	731,6 k €	+14.7%	638,1 k €	-11.3%	719,2 k €	+55.9%	461,2 k €
EBITDA	1,1 M €	+23.9%	874,5 k €	-11.8%	992 k €	-0.2%	994,2 k €	+66.3%	597,9 k €	-35.5%	927,5 k €	+79.5%	516,6 k €	+60.5%	321,8 k €	-49.4%	636,2 k €	+106%	309,4 k €	-22.6%	399,9 k €	+16.1%	344,4 k €	-19.8%	429,6 k €	+99.1%	215,7 k €
Operating result	783,2 k €	+15.3%	679,2 k €	-20.7%	856,5 k €	+3.0%	831,3 k €	+89.2%	439,3 k €	-30.6%	633 k €	+85.0%	342,2 k €	+134%	146 k €	-71.2%	507,4 k €	+163%	192,7 k €	-22.0%	247,1 k €	+5.1%	235,1 k €	-15.3%	277,6 k €	+124%	123,7 k €
Net result	639,1 k €	+23.1%	519,1 k €	-18.5%	636,7 k €	+14.3%	557,2 k €	+51.9%	366,8 k €	-5.5%	388,3 k €	+72.7%	224,9 k €	+118%	103,1 k €	-73.0%	382,6 k €	+38.1%	277,1 k €	+23.4%	224,5 k €	-0.6%	225,9 k €	-15.9%	268,4 k €	+148%	108,4 k €
Balance sheet
Equity	1,7 M €	-19.0%	2,1 M €	-5.7%	2,2 M €	+22.2%	1,8 M €	+43.8%	1,3 M €	+47.4%	863,5 k €	+32.5%	651,6 k €	-5.7%	691,2 k €	-7.6%	748,1 k €	+1.7%	735,5 k €	+21.3%	606,4 k €	+6.4%	570 k €	+8.1%	527,1 k €	+10.6%	476,8 k €
Total assets	3,8 M €	+13.3%	3,3 M €	+1.2%	3,3 M €	+6.0%	3,1 M €	+17.4%	2,6 M €	+53.8%	1,7 M €	+15.4%	1,5 M €	+21.2%	1,2 M €	-20.3%	1,5 M €	+18.7%	1,3 M €	+15.6%	1,1 M €	+10.3%	1 M €	-10.9%	1,1 M €	+43.5%	794,8 k €
Cash	829,3 k €	+46.8%	565,1 k €	-30.2%	809 k €	+23.8%	653,7 k €	-29.8%	931 k €	+81.7%	512,2 k €	+9.1%	469,5 k €	+51.8%	309,2 k €	-43.0%	542,7 k €	-1.6%	551,8 k €	+868%	57 k €	-85.9%	404,3 k €	+0.8%	401,3 k €	+46.1%	274,7 k €
Debts	2 M €	+70.8%	1,2 M €	+16.5%	1 M €	-17.7%	1,2 M €	-7.2%	1,3 M €	+58.1%	849,6 k €	+6.8%	795,3 k €	+60.2%	496,3 k €	-33.6%	747,3 k €	+45.7%	512,9 k €	-0.1%	513,6 k €	+18.3%	434,1 k €	-27.9%	601,9 k €	+90.6%	315,8 k €
Other
Workforce	11,0 ETP	+6.8%	10,3 ETP	-8.0%	11,2 ETP	+23.1%	9,1 ETP	+1.1%	9,0 ETP	-8.2%	9,8 ETP	+14.0%	8,6 ETP	-3.4%	8,9 ETP	+12.7%	7,9 ETP	+9.7%	7,2 ETP	+12.5%	6,4 ETP	+4.9%	6,1 ETP	+22.0%	5,0 ETP	-12.3%	5,7 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 · 3 active · 19 ended

Active mandates

AQU INVEST

Director · since 16 novembre 2023 · until 25 mai 2028 · 1000.818.185

Represented by Tim Vanooteghem

Active

ILUME

Director · since 16 novembre 2023 · until 25 mai 2028 · 1000.941.911

Represented by Peter Druart

Active

Wim Vanden Abeele

Director · since 27 avril 2023 · until 25 mai 2028

Active

Ended mandates

AQU INVEST

Director · since 16 novembre 2023 · 1000.818.185

Represented by Tim VANOOTEGHEM

Ended

AQU INVEST

Director · since 16 novembre 2023 · 1000.818.185

Represented by Tim VANOOTEGHEM

Ended

ILUME

Director · since 16 novembre 2023 · 1000.941.911

Represented by Peter DRUART

Ended

ILUME

Director · since 16 novembre 2023 · 1000.941.911

Represented by Peter DRUART

Ended

At this address

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KRAL● Active	0477.312.749
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VANDENBUSSCHE RUDI● Active	0461.647.843

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	23/06/2026	27/06/2025	04/07/2024	05/05/2023	12/07/2022	02/07/2021
General meeting	12/06/2026	03/06/2025	17/06/2024	27/04/2023	15/06/2022	27/05/2021
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

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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	12/06/2026	23/06/2026	Dutch	PDF
Abridged model	31/12/2024	03/06/2025	27/06/2025	Dutch	PDF
Abridged model	31/12/2023	17/06/2024	04/07/2024	Dutch	PDF
Abridged model	31/12/2022	27/04/2023	05/05/2023	Dutch	PDF
Abridged model	31/12/2021	15/06/2022	12/07/2022	Dutch	PDF
Abridged model	31/12/2020	27/05/2021	02/07/2021	Dutch	PDF
Abridged model	31/12/2019	19/06/2020	20/07/2020	Dutch	PDF
Abridged model	31/12/2018	27/06/2019	30/07/2019	Dutch	PDF
Abridged model	31/12/2017	31/05/2018	28/06/2018	Dutch	PDF
Abridged model	31/12/2016	24/02/2017	15/03/2017	Dutch	PDF
Abridged model	31/12/2015	22/03/2016	07/04/2016	Dutch	PDF
Abridged model	31/12/2014	27/06/2015	01/07/2015	Dutch	PDF
Abridged model	31/12/2013	29/05/2014	26/08/2014	Dutch	PDF
Abridged model	31/12/2012	30/05/2013	16/08/2013	Dutch	PDF
Abridged model	31/12/2011	31/05/2012	12/07/2012	Dutch	PDF
Abridged model	31/12/2010	26/05/2011	20/07/2011	Dutch	PDF
Abridged model	31/12/2009	27/05/2010	02/07/2010	Dutch	PDF
Abridged model	31/12/2008	28/05/2009	27/08/2009	Dutch	PDF
Abridged model	31/12/2007	29/05/2008	25/08/2008	Dutch	PDF
Abridged model	31/12/2006	31/05/2007	20/07/2007	Dutch	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 · 19 ended

Active mandates

AQU INVEST

Director · since 16 novembre 2023 · until 25 mai 2028 · 1000.818.185

Represented by Tim Vanooteghem

Active

ILUME

Director · since 16 novembre 2023 · until 25 mai 2028 · 1000.941.911

Represented by Peter Druart

Active

Wim Vanden Abeele

Director · since 27 avril 2023 · until 25 mai 2028

Active

Ended mandates

AQU INVEST

Director · since 16 novembre 2023 · 1000.818.185

Represented by Tim VANOOTEGHEM

Ended

AQU INVEST

Director · since 16 novembre 2023 · 1000.818.185

Represented by Tim VANOOTEGHEM

Ended

ILUME

Director · since 16 novembre 2023 · 1000.941.911

Represented by Peter DRUART

Ended

ILUME

Director · since 16 novembre 2023 · 1000.941.911

Represented by Peter DRUART

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/07/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/01/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Registered office03/07/2020
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares17/04/2018
KAPITAAL - AANDELEN
PDF
Mandates28/08/2014
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares20/01/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office01/03/2010
MAATSCHAPPELIJKE ZETEL
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 2025639,1 k €↑
2024
Annual accounts 2024519,1 k €↓
2023
Annual accounts 2023636,7 k €↑
2022
Annual accounts 2022557,2 k €↑
2021
Annual accounts 2021366,8 k €↓
2018
Annual accounts 2018388,3 k €↑
2013
Annual accounts 2013224,9 k €↑
2012
Annual accounts 2012103,1 k €↓
2011
Annual accounts 2011382,6 k €↑
2010
Annual accounts 2010277,1 k €↑
2009
Annual accounts 2009224,5 k €↓
2008
Annual accounts 2008225,9 k €↓
2007
Annual accounts 2007268,4 k €↑
2006
Annual accounts 2006108,4 k €
17/09/1996
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

STANDELEC

Overview

What does STANDELEC do?

Trend over 14 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