ACTIVE

UTEL

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

535,6 k €

-11.7% YoY

Revenue

4,7 M €

-17.5% YoY

Equity

2 M €

+17.9% YoY

Workforce

11,4 ETP

-14.3% YoY

What does UTEL do?

UTEL is a Private limited company incorporated in 1996. Its registered office is in Aalst. It employs on average 11,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0458.902.248

Incorporation

30/09/1996

Legal form

Private limited company

Registered office

Nachtegaalstraat 10 box 7
9320 Aalst · FlandreSee on map

Contributed capital

41 000,00 €

Latest accounts

31/12/2025

Average workforce

11,4 ETP

Joint committees (3)

149
14901
200

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	4,7 M €	-17.5%	5,7 M €	+21.0%	4,7 M €		0 €	-100%	4,1 M €	+10.1%	3,8 M €	+17.2%	3,2 M €		–		3,6 M €	-9.7%	4 M €	+22.4%	3,2 M €		–		–		–		1,6 M €	+44.9%	1,1 M €		–		603,8 k €	+2.1%	591,4 k €	-24.3%	781,4 k €
EBITDA	852,4 k €	-11.8%	967 k €	+80.3%	536,4 k €	+94.9%	275,2 k €	-40.0%	458,7 k €	+74.0%	263,6 k €	+17.8%	223,7 k €	-31.0%	324,3 k €	+179%	116,2 k €	-19.1%	143,7 k €	+8.3%	132,7 k €	+22.6%	108,3 k €	+43.2%	75,6 k €	-53.9%	163,8 k €	+239%	48,4 k €	+73.0%	28 k €	-14.4%	32,7 k €	-23.3%	42,6 k €	+7.1%	39,8 k €	-36.3%	62,5 k €
Operating result	743,2 k €	-12.3%	847,7 k €	+104%	414,8 k €	+152%	164,6 k €	-52.8%	348,9 k €	+99.2%	175,2 k €	+8.7%	161,2 k €	-40.3%	270,1 k €	+383%	55,9 k €	-32.1%	82,4 k €	+9.5%	75,3 k €	+26.2%	59,6 k €	+111%	28,3 k €	-75.5%	115,7 k €	+1113%	9,5 k €	-16.0%	11,4 k €	-33.2%	17 k €	-38.6%	27,7 k €	+73.4%	16 k €	-55.9%	36,2 k €
Net result	535,6 k €	-11.7%	606,7 k €	+107%	293,2 k €	+208%	95,3 k €	-57.8%	225,7 k €	+92.9%	117 k €	-3.0%	120,5 k €	-22.4%	155,4 k €	+454%	28 k €	-27.7%	38,8 k €	+58.5%	24,5 k €	-10.4%	27,3 k €	+947%	-3,2 k €	-103%	122,1 k €	+10892%	1,1 k €	+1537%	-77,3 €	-107%	1,1 k €	-96.0%	27,2 k €	+576%	-5,7 k €	-118%	32,5 k €
Balance sheet
Equity	2 M €	+17.9%	1,7 M €	+37.4%	1,2 M €	+32.1%	914,2 k €	+7.9%	846,9 k €	+13.7%	744,7 k €	+18.6%	627,7 k €	+23.8%	507,2 k €	+44.2%	351,8 k €	+8.7%	323,7 k €	+13.6%	285 k €	+9.4%	260,5 k €	+11.7%	233,2 k €	-4.6%	244,4 k €	+99.8%	122,3 k €	+0.9%	121,2 k €	-0.1%	121,3 k €	+0.9%	120,2 k €	+29.3%	93 k €	-5.8%	98,7 k €
Total assets	3,6 M €	+15.6%	3,1 M €	+6.6%	2,9 M €	-0.5%	2,9 M €	+3.1%	2,8 M €	+7.8%	2,6 M €	-1.8%	2,7 M €	+62.8%	1,6 M €	+2.8%	1,6 M €	-13.4%	1,9 M €	+14.5%	1,6 M €	+2.7%	1,6 M €	+55.4%	1 M €	-6.4%	1,1 M €	+44.5%	748,2 k €	+47.0%	509,1 k €	+9.4%	465,2 k €	+45.8%	319 k €	+1.7%	313,6 k €	-10.0%	348,6 k €
Cash	723,3 k €	-41.9%	1,2 M €	+110%	594,2 k €	-37.1%	945,3 k €	-7.3%	1 M €	+26.9%	803,1 k €	+19.4%	672,6 k €	-10.5%	751,8 k €	+11.7%	673,2 k €	+19.2%	564,6 k €	-5.1%	594,6 k €	+46.5%	406 k €	+66.9%	243,2 k €	-27.2%	334,3 k €	+199%	111,6 k €	-31.1%	162,2 k €	+91.4%	84,7 k €	+7.5%	78,8 k €	-29.3%	111,3 k €	+56.3%	71,2 k €
Debts	1,6 M €	+12.9%	1,4 M €	-15.0%	1,7 M €	-15.4%	2 M €	+1.1%	2 M €	+5.5%	1,9 M €	-8.1%	2,1 M €	+80.1%	1,1 M €	-8.8%	1,3 M €	-18.1%	1,5 M €	+14.7%	1,3 M €	+5.4%	1,3 M €	+62.1%	779 k €	-6.9%	836,8 k €	+33.7%	625,9 k €	+61.3%	387,9 k €	+12.8%	343,9 k €	+73.0%	198,9 k €	-9.9%	220,7 k €	-11.3%	248,8 k €
Other
Workforce	11,4 ETP	-14.3%	13,3 ETP	+23.1%	10,8 ETP	-12.2%	12,3 ETP	-3.9%	12,8 ETP	-2.3%	13,1 ETP	+7.4%	12,2 ETP	+1.7%	12,0 ETP	+20.0%	10,0 ETP	-12.3%	11,4 ETP	+3.6%	11,0 ETP	+10.0%	10,0 ETP	+37.0%	7,3 ETP	0.0%	7,3 ETP	+7.4%	6,8 ETP	+7.9%	6,3 ETP	+46.5%	4,3 ETP	+7.5%	4,0 ETP	-16.7%	4,8 ETP	0.0%	4,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 5 ended

Active mandates

Yves Boeykens

Administrator - manager · since 19 décembre 2023

Active

Ended mandates

Marc Boeykens

Mandate

Ended

Marc Boeykens

Manager

Ended

Yves Boeykens

Mandate

Ended

Yves Boeykens

Director

Ended

At this address

Other companies at this address

Company	CBE no.
Betonma International● Active	0406.073.771
CURAFYT● Active	0743.616.351
Curafyt Group● Active	1032.857.582
CURAFYT GROUP ADMINISTRATIEKANTOOR● Active	1032.643.192
DEKAPLY● Liquidation	0415.144.261
DS Nexus● Active	1029.987.669
Siltimar● Active	1018.175.643
Vereniging van mede-eigenaars van het KMO-park Wildebeek te Aalst (Erembodegem), Nachtegaalstraat 10● Active	0725.904.250

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	31/08/2026	28/08/2025	30/08/2024	12/09/2023	30/08/2022	30/08/2021
General meeting	20/08/2026	15/08/2025	04/06/2024	04/04/2023	05/04/2022	02/04/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	20/08/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	15/08/2025	28/08/2025	Dutch	PDF
Abridged model	31/12/2023	04/06/2024	30/08/2024	Dutch	PDF
Abridged model	31/12/2022	04/04/2023	12/09/2023	Dutch	PDF
Abridged model	31/12/2021	05/04/2022	30/08/2022	Dutch	PDF
Abridged model	31/12/2020	02/04/2021	30/08/2021	Dutch	PDF
Abridged model	31/12/2019	07/04/2020	27/08/2020	Dutch	PDF
Abridged model	31/12/2018	02/04/2019	04/09/2019	Dutch	PDF
Abridged model	31/12/2017	03/04/2018	21/08/2018	Dutch	PDF
Abridged model	31/12/2016	04/04/2017	19/07/2017	Dutch	PDF
Abridged model	31/12/2015	05/04/2016	30/08/2016	Dutch	PDF
Abridged model	31/12/2014	07/04/2015	08/09/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	08/09/2014	Dutch	PDF
Abridged model	31/12/2012	02/04/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	03/04/2012	07/08/2012	Dutch	PDF
Abridged model	31/12/2010	05/04/2011	25/08/2011	Dutch	PDF
Abridged model	31/12/2009	06/04/2010	10/08/2010	Dutch	PDF
Abridged model	31/12/2008	07/04/2009	27/08/2009	Dutch	PDF
Abridged model	31/12/2007	01/04/2008	28/08/2008	Dutch	PDF
Abridged model	31/12/2006	31/07/2007	31/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 1 active · 5 ended

Active mandates

Yves Boeykens

Administrator - manager · since 19 décembre 2023

Active

Ended mandates

Marc Boeykens

Mandate

Ended

Marc Boeykens

Manager

Ended

Yves Boeykens

Mandate

Ended

Yves Boeykens

Director

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates01/03/2024
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Registered office28/01/2021
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares12/03/2019
BENAMING - KAPITAAL - AANDELEN
PDF
Mandates21/12/2018
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares23/01/2014
DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office26/11/2012
MAATSCHAPPELIJKE ZETEL
PDF
Mandates10/11/2008
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
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 2025535,6 k €↓
2024
Annual accounts 2024606,7 k €↑
2023
Annual accounts 2023293,2 k €↑
2022
Annual accounts 202295,3 k €↓
2021
Annual accounts 2021225,7 k €↑
2020
Annual accounts 2020117 k €↓
2019
Annual accounts 2019120,5 k €↓
2018
Annual accounts 2018155,4 k €↑
2017
Annual accounts 201728 k €↓
2016
Annual accounts 201638,8 k €↑
2015
Annual accounts 201524,5 k €↓
2014
Annual accounts 201427,3 k €↑
2013
Annual accounts 2013-3,2 k €↓
2012
Annual accounts 2012122,1 k €↑
2011
Annual accounts 20111,1 k €↑
2010
Annual accounts 2010-77,3 €↓
2009
Annual accounts 20091,1 k €↓
2008
Annual accounts 200827,2 k €↑
2007
Annual accounts 2007-5,7 k €↓
2006
Annual accounts 200632,5 k €
30/09/1996
IncorporationPrivate 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

UTEL

Overview

What does UTEL do?

Trend over 20 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