ACTIVE

Electro Wim Algoet

Financial year 2025 · Closed on 30/09/2025

Net result23,3 k €+64,4 %over 1 year
Gross margin54,7 k €+33,4 %over 1 year
Equity302,1 k €+8,3 %over 1 year

Identity

Source · BCE/KBO

Electro Wim Algoet is a Private limited company incorporated in 1999. Its main activity is: Retail sale of electrical household appliances in specialised stores. Its registered office is in Wortegem-Petegem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0465.247.038
Incorporation
13/01/1999
Legal form
Private limited company
Registered office
Waregemseweg (W.) 15
9790 Wortegem-Petegem · FlandreSee on map
Contributed capital
85 920,14 €
Latest accounts
30/09/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 19 filings

Trend over 18 financial years

20252024202320222021
Income statement
Gross margin54,7 k €41 k €40,8 k €38,1 k €30,5 k €
EBITDA51,3 k €37,8 k €38,6 k €36,2 k €28,3 k €
Operating result38,3 k €24,8 k €23,9 k €22,6 k €23 k €
Net result23,3 k €14,1 k €13,5 k €13,9 k €14,9 k €
Balance sheet
Equity302,1 k €278,8 k €264,7 k €251,2 k €237,3 k €
Total assets472,8 k €442,1 k €414,9 k €401,1 k €377,1 k €
Cash128,5 k €56,2 k €134,1 k €118,1 k €91,8 k €
Debts167,4 k €159,6 k €146,6 k €146,7 k €136,9 k €
Other
Workforce–––––

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

1 active · 9 ended

Active mandates

Wim Algoet

Director

Active

Ended mandates

Magda Verschuere

Director · since 15 mai 2010 · until 15 mai 2016

Ended
Willy Algoet

Managing director · since 15 mai 2010 · until 15 mai 2016

Ended
Wim Algoet

Director · since 15 mai 2010 · until 15 mai 2016

Ended
Magda Verschuere

Director · since 15 mai 2004 · until 15 mai 2010

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date30/04/202628/04/202530/04/202428/04/202330/04/202212/05/2021
General meeting30/03/202628/03/202530/03/202431/03/202331/03/202231/03/2021
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, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202530/03/202630/04/2026DutchPDF
Micro model30/09/202428/03/202528/04/2025DutchPDF
Micro model30/09/202330/03/202430/04/2024DutchPDF
Micro model30/09/202231/03/202328/04/2023DutchPDF
Micro model30/09/202131/03/202230/04/2022DutchPDF
Micro model30/09/202031/03/202112/05/2021DutchPDF
Micro model30/09/201931/03/202030/04/2020DutchPDF
Micro model30/09/201830/03/201929/04/2019DutchPDF
Micro model30/09/201730/03/201828/04/2018DutchPDF
Abridged model30/09/201631/03/201728/04/2017DutchPDF
Abridged model30/09/201518/03/201618/04/2016DutchPDF
Abridged model30/09/201420/03/201520/04/2015DutchPDF
Abridged model30/09/201331/03/201430/04/2014DutchPDF
Abridged model30/09/201231/03/201314/05/2013DutchPDF
Abridged model31/12/201021/05/201118/08/2011DutchPDF
Abridged model31/12/200915/05/201010/06/2010DutchPDF
Abridged model31/12/200816/05/200925/06/2009DutchPDF
Abridged model31/12/200717/05/200806/08/2008DutchPDF
Abridged model31/12/200619/05/200723/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 9 ended

Active mandates

Wim Algoet

Director

Active

Ended mandates

Magda Verschuere

Director · since 15 mai 2010 · until 15 mai 2016

Ended
Willy Algoet

Managing director · since 15 mai 2010 · until 15 mai 2016

Ended
Wim Algoet

Director · since 15 mai 2010 · until 15 mai 2016

Ended
Magda Verschuere

Director · since 15 mai 2004 · until 15 mai 2010

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates18/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/02/2012
    BENAMING - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Mandates02/07/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/11/2004
    ONTSLAGEN - BENOEMINGEN
    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 202523,3 k €↑
  2. 2024
    Annual accounts 202414,1 k €↑
  3. 2023
    Annual accounts 202313,5 k €↓
  4. 2022
    Annual accounts 202213,9 k €↓
  5. 2021
    Annual accounts 202114,9 k €↓
  6. 2020
    Annual accounts 202016,2 k €↑
  7. 2019
    Annual accounts 201914,5 k €↓
  8. 2018
    Annual accounts 201816,6 k €↑
  9. 2017
    Annual accounts 201710,3 k €↑
  10. 2015
    Annual accounts 20155 k €↓
  11. 2014
    Annual accounts 201411,1 k €↓
  12. 2013
    Annual accounts 201321,6 k €↑
  13. 2012
    Annual accounts 201210,8 k €↑
  14. 2010
    Annual accounts 20101,1 k €↑
  15. 2009
    Annual accounts 200921 €↓
  16. 2008
    Annual accounts 20088,3 k €↑
  17. 2007
    Annual accounts 20078 k €↑
  18. 2006
    Annual accounts 20062 k €
  19. 13/01/1999
    IncorporationPrivate limited company