ACTIVE

ELUTEC

Financial year 2025 · closed on 31/08/2025
Net result
10 k €
+109.2% YoY
Gross margin
39 k €
+0.7% YoY
Equity
74,5 k €
+15.4% YoY

What does ELUTEC do?

ELUTEC is a Private limited company incorporated in 1998. Its main activity is: Electrical installation. Its registered office is in Houthalen-Helchteren.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0462.574.885
Incorporation
02/02/1998
Legal form
Private limited company
Registered office
Centrum-Zuid 3023 box 1
3530 Houthalen-Helchteren · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/08/2025
Joint committees (4)
  • 100
  • 14901
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200820072006
Income statement
Gross margin39 k €38,7 k €39 k €37,2 k €38,8 k €40,2 k €41,8 k €45 k €31,1 k €46 k €87,1 k €110,4 k €125,5 k €128,3 k €254,2 k €349,9 k €101,1 k €131,5 k €78,3 k €
EBITDA33,8 k €33,6 k €34,1 k €32,6 k €35,1 k €37 k €38,3 k €41,4 k €24,5 k €45,6 k €9,7 k €23,3 k €63,4 k €67,6 k €112,1 k €198,4 k €50,4 k €59,1 k €26,4 k €
Operating result11,8 k €7,6 k €7,9 k €6,4 k €8,9 k €10,7 k €11,2 k €14,4 k €-2,6 k €18,4 k €-19,9 k €-14 k €14,6 k €-2,6 k €20 k €30,4 k €16,5 k €24,4 k €4,9 k €
Net result10 k €4,8 k €5,5 k €3,9 k €4,9 k €5,5 k €5,7 k €7,3 k €-10,5 k €10,1 k €78,9 k €-160,2 k €1,9 k €10,6 k €1,2 k €8,6 k €7,3 k €12,6 k €1,9 k €
Balance sheet
Equity74,5 k €64,6 k €59,8 k €54,3 k €50,5 k €45,6 k €40,1 k €34,4 k €27 k €37,5 k €27,4 k €-51,5 k €108,6 k €106,7 k €96 k €94,9 k €86,3 k €76,5 k €64 k €
Total assets96,7 k €116,8 k €147,5 k €161,9 k €188,6 k €221,3 k €259,6 k €284 k €299,3 k €335,8 k €367 k €451,1 k €601 k €594,3 k €637,2 k €815,3 k €223,6 k €240 k €170 k €
Cash8,5 k €26,7 k €10,7 k €14,1 k €8,4 k €17 k €20,7 k €16,6 k €14,2 k €8,9 k €2,6 k €10,7 k €3,2 k €22,6 k €692,8 €1,6 k €10,8 k €31,1 k €13,9 k €
Debts7,5 k €37,5 k €73 k €103,6 k €138,1 k €174,7 k €219,6 k €249,6 k €270,7 k €298,3 k €339,6 k €502,6 k €492,4 k €486,8 k €540,2 k €717,4 k €137 k €161,4 k €104,9 k €
Other
Workforce1,7 ETP1,9 ETP1,5 ETP1,4 ETP1,0 ETP2,3 ETP1,3 ETP2,0 ETP1,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/08/2025 · 1 active · 1 ended

Active mandates

Ludo Eyckens

Director

Active

Ended mandates

Ludo Eyckens

Manager

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/09/202401/09/202301/09/202201/09/202101/09/202001/09/2019
Closing of the financial year31/08/202531/08/202431/08/202331/08/202231/08/202131/08/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/03/202628/03/202529/03/202431/03/202329/03/202231/03/2021
General meeting27/02/202628/02/202523/02/202424/02/202325/02/202226/02/2021
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
Micro model31/08/202527/02/202630/03/2026DutchPDF
Micro model31/08/202428/02/202528/03/2025DutchPDF
Micro model31/08/202323/02/202429/03/2024DutchPDF
Micro model31/08/202224/02/202331/03/2023DutchPDF
Micro model31/08/202125/02/202229/03/2022DutchPDF
Micro model31/08/202026/02/202131/03/2021DutchPDF
Micro model31/08/201928/02/202017/03/2020DutchPDF
Micro model31/08/201822/02/201928/02/2019DutchPDF
Micro model31/08/201723/02/201828/02/2018DutchPDF
Abridged model31/08/201624/02/201703/04/2017DutchPDF
Abridged model31/08/201526/02/201623/03/2016DutchPDF
Abridged model31/08/201427/02/201510/03/2015DutchPDF
Abridged model31/08/201328/02/201426/03/2014DutchPDF
Abridged model31/08/201222/02/201321/03/2013DutchPDF
Abridged model31/08/201124/02/201225/04/2012DutchPDF
Abridged model31/08/201025/02/201116/03/2011DutchPDF
Abridged model31/12/200826/06/200929/07/2009DutchPDF
Abridged model31/12/200727/06/200803/07/2008DutchPDF
Abridged model31/12/200629/06/200723/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 31/08/2025 · 1 active · 1 ended

Active mandates

Ludo Eyckens

Director

Active

Ended mandates

Ludo Eyckens

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other18/03/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Registered office01/02/2011
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other05/01/2010
    BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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 202510 k €
  2. 2024
    Annual accounts 20244,8 k €
  3. 2023
    Annual accounts 20235,5 k €
  4. 2022
    Annual accounts 20223,9 k €
  5. 2021
    Annual accounts 20214,9 k €
  6. 2020
    Annual accounts 20205,5 k €
  7. 2019
    Annual accounts 20195,7 k €
  8. 2018
    Annual accounts 20187,3 k €
  9. 2017
    Annual accounts 2017-10,5 k €
  10. 2016
    Annual accounts 201610,1 k €
  11. 2015
    Annual accounts 201578,9 k €
  12. 2014
    Annual accounts 2014-160,2 k €
  13. 2013
    Annual accounts 20131,9 k €
  14. 2012
    Annual accounts 201210,6 k €
  15. 2011
    Annual accounts 20111,2 k €
  16. 2010
    Annual accounts 20108,6 k €
  17. 2008
    Annual accounts 20087,3 k €
  18. 2007
    Annual accounts 200712,6 k €
  19. 2006
    Annual accounts 20061,9 k €
  20. 02/02/1998
    IncorporationPrivate limited company