ACTIVE

ELECTRO VLEUGELS

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Financial year 2024 · closed on 31/12/2024

Net result

284,1 k €

+50.3% YoY

Gross margin

504,1 k €

+27.4% YoY

Equity

1,5 M €

+23.6% YoY

Workforce

2,0 ETP

0.0% YoY

What does ELECTRO VLEUGELS do?

ELECTRO VLEUGELS is a Public limited company incorporated in 1997. Its registered office is in Scherpenheuvel-Zichem. It employs on average 2,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0460.253.914

Incorporation

24/03/1997

Legal form

Public limited company

Registered office

Westelsebaan 1
3271 Scherpenheuvel-Zichem · FlandreSee on map

Contributed capital

111 552,09 €

Latest accounts

31/12/2024

Average workforce

2,0 ETP

Joint committees (4)

101
149
14901
201

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	504,1 k €	+27.4%	395,5 k €	+47.3%	268,5 k €	-13.2%	309,3 k €	+11.7%	276,9 k €	+29.3%	214,2 k €	+7.8%	198,6 k €	+12.3%	176,8 k €	+7.2%	165 k €	-1.0%	166,7 k €	+26.9%	131,3 k €	+92.7%	68,1 k €	-51.5%	140,4 k €	-11.1%	157,9 k €	+4.1%	151,7 k €	-12.3%	172,9 k €	+12.1%	154,3 k €	-1.5%	156,6 k €	+2.9%	152,1 k €
EBITDA	409 k €	+36.7%	299,2 k €	+82.1%	164,3 k €	-31.3%	239 k €	+10.2%	216,8 k €	+58.9%	136,4 k €	-1.9%	139,1 k €	+27.4%	109,2 k €	-5.3%	115,3 k €	-8.9%	126,6 k €	+42.9%	88,6 k €	-6.9%	95,1 k €	+14.9%	82,8 k €	-33.2%	124 k €	+7.5%	115,3 k €	+28.9%	89,5 k €	-33.3%	134,1 k €	-1.3%	135,9 k €	+2.5%	132,5 k €
Operating result	389,6 k €	+41.5%	275,3 k €	+99.0%	138,3 k €	-34.4%	211 k €	+10.5%	191 k €	+97.1%	96,9 k €	-5.0%	102 k €	+39.2%	73,2 k €	+4.4%	70,2 k €	-21.0%	88,8 k €	+66.0%	53,5 k €	-10.6%	59,8 k €	+37.0%	43,7 k €	-53.4%	93,7 k €	+11.1%	84,3 k €	+45.2%	58,1 k €	-42.8%	101,4 k €	-4.5%	106,2 k €	+11.8%	95 k €
Net result	284,1 k €	+50.3%	189 k €	+94.6%	97,1 k €	-34.4%	148,1 k €	+5.0%	141,1 k €	+65.2%	85,5 k €	+10.3%	77,5 k €	+84.5%	42 k €	-17.1%	50,7 k €	-34.4%	77,3 k €	+25.9%	61,4 k €	-4.4%	64,2 k €	+31.4%	48,9 k €	-38.5%	79,5 k €	+15.7%	68,7 k €	+39.8%	49,1 k €	-33.6%	73,9 k €	+3.4%	71,5 k €	+12.2%	63,7 k €
Balance sheet
Equity	1,5 M €	+23.6%	1,2 M €	+18.6%	1 M €	+10.6%	919,9 k €	+19.2%	771,7 k €	+22.4%	630,6 k €	-41.0%	1,1 M €	+7.8%	991,2 k €	+4.4%	949,3 k €	+5.6%	898,6 k €	+9.4%	821,3 k €	+8.1%	759,9 k €	+0.8%	753,7 k €	+6.9%	704,9 k €	+12.7%	625,4 k €	+12.3%	556,6 k €	+9.7%	507,5 k €	+17.1%	433,6 k €	+20.1%	360,9 k €
Total assets	2 M €	+13.9%	1,7 M €	+12.0%	1,5 M €	+7.9%	1,4 M €	+10.3%	1,3 M €	+18.7%	1,1 M €	-12.9%	1,3 M €	+5.2%	1,2 M €	+3.5%	1,1 M €	+2.2%	1,1 M €	+9.7%	1 M €	+2.5%	999,6 k €	-8.0%	1,1 M €	+3.8%	1 M €	+6.3%	985,2 k €	+11.4%	884,7 k €	+11.9%	790,5 k €	+8.6%	727,7 k €	+12.2%	648,9 k €
Cash	491,2 k €	-3.4%	508,6 k €	+8.4%	469,4 k €	+43.4%	327,2 k €	+11.4%	293,9 k €	+131%	127 k €	-56.1%	289,2 k €	+43.7%	201,2 k €	+69.3%	118,8 k €	-17.3%	143,8 k €	-6.8%	154,2 k €	-15.1%	181,7 k €	-39.3%	299,2 k €	-25.2%	399,8 k €	-25.2%	534,7 k €	+27.8%	418,4 k €	+458%	74,9 k €	-5.7%	79,5 k €	-50.6%	160,8 k €
Debts	471,1 k €	-8.6%	515,4 k €	-0.7%	519,2 k €	+3.0%	504,3 k €	-3.2%	520,9 k €	+13.5%	458,9 k €	+152%	181,8 k €	-7.9%	197,4 k €	-1.2%	199,8 k €	-11.7%	226,1 k €	+11.1%	203,5 k €	-14.8%	238,8 k €	-10.0%	265,4 k €	-3.5%	275 k €	-6.0%	292,6 k €	+8.2%	270,4 k €	-2.3%	276,7 k €	-5.9%	294,1 k €	+2.1%	288 k €
Other
Workforce	2,0 ETP	0.0%	2,0 ETP	-13.0%	2,3 ETP	+21.1%	1,9 ETP	-5.0%	2,0 ETP	0.0%	2,0 ETP	+25.0%	1,6 ETP	-11.1%	1,8 ETP	+28.6%	1,4 ETP	+27.3%	1,1 ETP	-8.3%	1,2 ETP	-7.7%	1,3 ETP	-7.1%	1,4 ETP	+16.7%	1,2 ETP	+9.1%	1,1 ETP	0.0%	1,1 ETP	+37.5%	0,8 ETP	+33.3%	0,6 ETP	-14.3%	0,7 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 31/12/2024 · 2 active · 10 ended

Active mandates

Johan Vleugels

Director · since 19 novembre 2019 · until 19 novembre 2025

Active

Marie-Thérèse Huysegems

Director · since 19 novembre 2019 · until 19 novembre 2025

Active

Ended mandates

Johan VLEUGELS

Managing director · since 02 juin 2021 · until 02 juin 2027

Ended

Marie-Thèrése HUYSEGEMS

Director · since 02 juin 2021 · until 02 juin 2027

Ended

Johan VLEUGELS

Managing director · since 19 novembre 2019 · until 19 novembre 2025

Ended

JOHAN VLEUGELS

Managing director · since 02 juin 2015 · until 02 juin 2021

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/08/2025	30/08/2024	24/08/2023	26/08/2022	28/10/2021	29/10/2020
General meeting	02/06/2025	03/06/2024	02/06/2023	02/06/2022	02/06/2021	02/06/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	02/06/2025	30/08/2025	Dutch	PDF
Abridged model	31/12/2023	03/06/2024	30/08/2024	Dutch	PDF
Abridged model	31/12/2022	02/06/2023	24/08/2023	Dutch	PDF
Abridged model	31/12/2021	02/06/2022	26/08/2022	Dutch	PDF
Abridged model	31/12/2020	02/06/2021	28/10/2021	Dutch	PDF
Abridged model	31/12/2019	02/06/2020	29/10/2020	Dutch	PDF
Abridged model	31/12/2018	03/06/2019	01/08/2019	Dutch	PDF
Abridged model	31/12/2017	02/06/2018	27/08/2018	Dutch	PDF
Abridged model	31/12/2016	02/06/2017	20/06/2017	Dutch	PDF
Abridged model	31/12/2015	02/06/2016	09/08/2016	Dutch	PDF
Abridged model	31/12/2014	02/06/2015	07/07/2015	Dutch	PDF
Abridged model	31/12/2013	02/06/2014	03/07/2014	Dutch	PDF
Abridged model	31/12/2012	03/06/2013	05/07/2013	Dutch	PDF
Abridged model	31/12/2011	02/06/2012	05/07/2012	Dutch	PDF
Abridged model	31/12/2010	03/06/2011	21/06/2011	Dutch	PDF
Abridged model	31/12/2009	02/06/2010	29/06/2010	Dutch	PDF
Abridged model	31/12/2008	02/06/2009	02/07/2009	Dutch	PDF
Abridged model	31/12/2007	23/06/2008	02/07/2008	Dutch	PDF
Abridged model	31/12/2006	02/06/2007	29/06/2007	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 31/12/2024 · 2 active · 10 ended

Active mandates

Johan Vleugels

Director · since 19 novembre 2019 · until 19 novembre 2025

Active

Marie-Thérèse Huysegems

Director · since 19 novembre 2019 · until 19 novembre 2025

Active

Ended mandates

Johan VLEUGELS

Managing director · since 02 juin 2021 · until 02 juin 2027

Ended

Marie-Thèrése HUYSEGEMS

Director · since 02 juin 2021 · until 02 juin 2027

Ended

Johan VLEUGELS

Managing director · since 19 novembre 2019 · until 19 novembre 2025

Ended

JOHAN VLEUGELS

Managing director · since 02 juin 2015 · until 02 juin 2021

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates19/02/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/11/2019
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates23/06/2015
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares08/01/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares23/01/2012
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates27/08/2009
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

2024
Annual accounts 2024284,1 k €↑
2023
Annual accounts 2023189 k €↑
2022
Annual accounts 202297,1 k €↓
2021
Annual accounts 2021148,1 k €↑
2020
Annual accounts 2020141,1 k €↑
2019
Annual accounts 201985,5 k €↑
2018
Annual accounts 201877,5 k €↑
2017
Annual accounts 201742 k €↓
2016
Annual accounts 201650,7 k €↓
2015
Annual accounts 201577,3 k €↑
2014
Annual accounts 201461,4 k €↓
2013
Annual accounts 201364,2 k €↑
2012
Annual accounts 201248,9 k €↓
2011
Annual accounts 201179,5 k €↑
2010
Annual accounts 201068,7 k €↑
2009
Annual accounts 200949,1 k €↓
2008
Annual accounts 200873,9 k €↑
2007
Annual accounts 200771,5 k €↑
2006
Annual accounts 200663,7 k €
24/03/1997
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

ELECTRO VLEUGELS

Overview

What does ELECTRO VLEUGELS do?

Trend over 19 financial years

Indicative valuation

Board of directors

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