ACTIVE

ELECTRICITY AND SECURITY ASSOCIATION

Financial year 2025 · Closed on 30/09/2025

Net result9,4 k €-69,0 %over 1 year
Gross margin70,7 k €-37,5 %over 1 year
Equity109 k €+9,4 %over 1 year
Workforce1,0 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

ELECTRICITY AND SECURITY ASSOCIATION is a Private limited company incorporated in 1998. Its main activity is: Electrical installation. Its registered office is in Merelbeke-Melle. It employs on average 1,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0464.744.024
Incorporation
04/12/1998
Legal form
Private limited company
Registered office
Peter Benoitlaan 2B
9820 Merelbeke-Melle · FlandreSee on map
Contributed capital
30 986,69 €
Latest accounts
30/09/2025
Average workforce
1,0 ETP
Joint committees (3)
  • 14901
  • 201
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 16 financial years

20252024202320222021
Income statement
Gross margin70,7 k €113,1 k €113,1 k €58,9 k €65 k €
EBITDA29,1 k €53,8 k €52,8 k €13,4 k €32,2 k €
Operating result22,5 k €47 k €2,8 k €-4,7 k €14,8 k €
Net result9,4 k €30,3 k €4,5 k €-8,4 k €12,7 k €
Balance sheet
Equity109 k €99,6 k €94,4 k €129,8 k €138,3 k €
Total assets189 k €194,2 k €237,5 k €169,4 k €193,3 k €
Cash55,7 k €56,6 k €9,1 k €31,7 k €35,1 k €
Debts50,4 k €63,1 k €112,7 k €39,1 k €55,1 k €
Other
Workforce1,0 ETP1,0 ETP1,0 ETP1,1 ETP1,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

1 active · 2 ended

Active mandates

Diègo De Ketele

Director · since 25 mai 2021

Active

Ended mandates

Diègo De Ketele

Director · since 01 janvier 1999

Ended
Diègo De Ketele

Manager · since 01 janvier 1999

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/03/202625/04/202521/02/202415/03/202307/02/202227/03/2021
General meeting31/03/202631/03/202514/02/202414/03/202331/01/202218/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202531/03/202631/03/2026DutchPDF
Abridged model30/09/202431/03/202525/04/2025DutchPDF
Abridged model30/09/202314/02/202421/02/2024DutchPDF
Abridged model30/09/202214/03/202315/03/2023DutchPDF
Abridged model30/09/202131/01/202207/02/2022DutchPDF
Abridged model30/09/202018/03/202127/03/2021DutchPDF
Abridged model30/09/201919/03/202014/04/2020DutchPDF
Abridged model30/09/201819/03/201919/03/2019DutchPDF
Abridged model30/09/201731/03/201824/04/2018DutchPDF
Abridged model30/09/201620/03/201719/04/2017DutchPDF
Abridged model30/09/201517/03/201627/03/2016DutchPDF
Abridged model30/09/201419/03/201507/04/2015DutchPDF
Abridged model30/09/201320/03/201410/04/2014DutchPDF
Abridged model30/09/201221/03/201330/07/2013DutchPDF
Abridged model30/09/201115/03/201227/08/2012DutchPDF
Abridged model30/09/201017/03/201110/09/2011DutchPDF
Abridged model30/09/200918/03/201029/05/2010DutchPDF
Abridged model30/09/200819/03/200919/03/2009DutchPDF
Abridged model30/09/200720/03/200828/04/2008DutchPDF
Abridged model30/09/200615/03/200725/04/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 30/09/2025

1 active · 2 ended

Active mandates

Diègo De Ketele

Director · since 25 mai 2021

Active

Ended mandates

Diègo De Ketele

Director · since 01 janvier 1999

Ended
Diègo De Ketele

Manager · since 01 janvier 1999

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates22/06/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other08/01/2018
    DOEL
    PDF
  • Mandates21/12/2017
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office26/08/2015
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office28/09/2007
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares22/12/2005
    KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

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 20259,4 k €↓
  2. 2024
    Annual accounts 202430,3 k €↑
  3. 2023
    Annual accounts 20234,5 k €↑
  4. 2022
    Annual accounts 2022-8,4 k €↓
  5. 2021
    Annual accounts 202112,7 k €↑
  6. 2020
    Annual accounts 2020-2,4 k €↓
  7. 2019
    Annual accounts 201936,8 k €↑
  8. 2017
    Annual accounts 20174,8 k €↑
  9. 2015
    Annual accounts 2015-9,5 k €↓
  10. 2014
    Annual accounts 20148 k €↑
  11. 2013
    Annual accounts 20134,8 k €↑
  12. 2012
    Annual accounts 2012-29,2 k €↓
  13. 2011
    Annual accounts 201118 k €↑
  14. 2010
    Annual accounts 2010-14,8 k €↓
  15. 2009
    Annual accounts 20091,1 k €↓
  16. 2008
    Annual accounts 200820,3 k €
  17. 04/12/1998
    IncorporationPrivate limited company