NORMAL SITUATION

FINELEC

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Financial year 2021 · closed on 31/12/2021

Net result

16,5 k €

+161.5% YoY

Gross margin

75,2 k €

+28.2% YoY

Equity

123,3 k €

+15.4% YoY

Company — Normal situation.

What does FINELEC do?

FINELEC is a company registered in Belgium.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0472.144.431

Legal form

Public limited company

Contributed capital

148 800,00 €

Latest accounts

31/12/2021

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	75,2 k €	+28.2%	58,6 k €	-54.0%	127,5 k €	-4.7%	133,7 k €	-3.8%	139,1 k €	+7.1%	129,8 k €	+5.4%	123,2 k €	-15.3%	145,4 k €	-9.4%	160,5 k €	-32.9%	239,3 k €	+89.1%	126,5 k €	+10.5%	114,5 k €	-12.7%	131,2 k €	-21.8%	167,9 k €	+32.4%	126,8 k €
EBITDA	73 k €	+28.4%	56,9 k €	+115%	-376 k €	-378%	135,2 k €	+0.4%	134,7 k €	+7.9%	124,9 k €	+4.4%	119,6 k €	-15.2%	141 k €	-7.0%	151,6 k €	-33.8%	229,2 k €	+99.3%	115 k €	+10.1%	104,4 k €	+55.7%	67,1 k €	-35.1%	103,3 k €	+24.7%	82,8 k €
Operating result	41,3 k €	+63.1%	25,3 k €	+106%	-407,6 k €	-492%	103,9 k €	+0.8%	103,1 k €	+11.1%	92,8 k €	+6.9%	86,8 k €	-19.7%	108,2 k €	-9.3%	119,3 k €	+10.9%	107,6 k €	+19.9%	89,7 k €	+14.0%	78,7 k €	+90.6%	41,3 k €	-45.4%	75,7 k €	+28.4%	59 k €
Net result	16,5 k €	+161%	-26,8 k €	+94.2%	-460,1 k €	-1162%	43,3 k €	+11.5%	38,9 k €	+36.4%	28,5 k €	+0.6%	28,3 k €	-17.9%	34,5 k €	-19.3%	42,7 k €	+65.3%	25,8 k €	-25.1%	34,5 k €	+33.3%	25,9 k €	-12.0%	29,4 k €	+49.4%	19,7 k €	+80.2%	10,9 k €
Balance sheet
Equity	123,3 k €	+15.4%	106,8 k €	-34.7%	163,6 k €	-73.8%	623,7 k €	+7.5%	580,4 k €	+7.2%	541,5 k €	+5.6%	513,1 k €	+5.8%	484,8 k €	+7.7%	450,3 k €	+10.5%	407,6 k €	+4.2%	391,3 k €	+4.2%	375,5 k €	+2.0%	367,9 k €	+8.7%	338,5 k €	+6.2%	318,8 k €
Total assets	877,6 k €	-15.5%	1 M €	-14.8%	1,2 M €	-28.9%	1,7 M €	-2.1%	1,8 M €	-3.0%	1,8 M €	-0.2%	1,8 M €	-2.3%	1,9 M €	-1.1%	1,9 M €	+0.3%	1,9 M €	+52.4%	1,2 M €	-2.0%	1,2 M €	-3.3%	1,3 M €	-3.0%	1,3 M €	+4.0%	1,3 M €
Cash	124,1 k €	-31.7%	181,9 k €	-14.3%	212,2 k €	+7.0%	198,3 k €	+3.1%	192,4 k €	-7.2%	207,4 k €	+4.6%	198,2 k €	+28.8%	153,9 k €	-16.1%	183,5 k €	+19.1%	154,1 k €	-30.6%	222 k €	+52.2%	145,9 k €	-20.6%	183,8 k €	+12.6%	163,3 k €	+54.4%	105,8 k €
Debts	754,3 k €	-19.1%	932 k €	-2.1%	952 k €	-3.6%	987,8 k €	-7.0%	1,1 M €	-8.0%	1,2 M €	-2.8%	1,2 M €	-5.6%	1,3 M €	-4.1%	1,3 M €	-2.8%	1,4 M €	+84.7%	731,5 k €	-6.4%	781,5 k €	-7.0%	840,8 k €	-7.4%	907,7 k €	-0.5%	912,3 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		0,6 ETP	0.0%	0,6 ETP	-75.0%	2,4 ETP

Governance

Board of directors

Seen on filing of 31/12/2021 · 1 active · 11 ended

Active mandates

Thomas Bastin

Director

Active

Ended mandates

ALEXANDRE BASTIN

Director · since 29 décembre 2011 · until 29 décembre 2017

Ended

RENE BASTIN

Managing director · since 29 décembre 2011 · until 29 décembre 2017

Ended

ALEXANDRE BASTIN

Director

Ended

ALEXANDRE RENE BASTIN

Director

Ended

Annual accounts

Full financial information

	2021	2020	2019	2018	2017	2016
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2021	01/01/2020	01/01/2019	01/01/2018	01/01/2017	01/01/2016
Closing of the financial year	31/12/2021	31/12/2020	31/12/2019	31/12/2018	31/12/2017	31/12/2016
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	24/08/2022	27/08/2021	26/08/2020	29/08/2019	10/08/2018	17/08/2017
General meeting	20/06/2022	21/06/2021	20/06/2020	20/06/2019	20/06/2018	20/06/2017
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2021	20/06/2022	24/08/2022	French	PDF
Micro model	31/12/2020	21/06/2021	27/08/2021	French	PDF
Micro model	31/12/2019	20/06/2020	26/08/2020	French	PDF
Micro model	31/12/2018	20/06/2019	29/08/2019	French	PDF
Micro model	31/12/2017	20/06/2018	10/08/2018	French	PDF
Micro model	31/12/2016	20/06/2017	17/08/2017	French	PDF
Abridged model	31/12/2015	20/06/2016	26/08/2016	French	PDF
Abridged model	31/12/2014	20/06/2015	03/08/2015	French	PDF
Abridged model	31/12/2013	20/06/2014	01/08/2014	French	PDF
Abridged model	31/12/2012	20/06/2013	30/08/2013	French	PDF
Abridged model	30/06/2011	07/12/2011	17/02/2012	French	PDF
Abridged model	30/06/2010	01/12/2010	25/02/2011	French	PDF
Abridged model	30/06/2009	02/12/2009	11/02/2010	French	PDF
Abridged model	30/06/2008	03/12/2008	18/02/2009	French	PDF
Abridged model	30/06/2007	07/12/2007	28/02/2008	French	PDF
Abridged model	30/06/2006	06/12/2006	29/01/2007	French	PDF
Abridged model	30/06/2005	02/12/2005	31/01/2006	French	PDF
Abridged model	30/06/2004	03/12/2004	01/02/2005	French	PDF
Abridged model	30/06/2003	04/12/2003	19/04/2004	French	PDF
Abridged model	30/06/2002	04/12/2002	27/02/2003	French	PDF
Abridged model	31/12/2000	05/06/2001	02/07/2001	French	PDF

Estimate

Indicative valuation

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 31/12/2021 · 1 active · 11 ended

Active mandates

Thomas Bastin

Director

Active

Ended mandates

ALEXANDRE BASTIN

Director · since 29 décembre 2011 · until 29 décembre 2017

Ended

RENE BASTIN

Managing director · since 29 décembre 2011 · until 29 décembre 2017

Ended

ALEXANDRE BASTIN

Director

Ended

ALEXANDRE RENE BASTIN

Director

Ended

Shareholders

Ownership and network

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Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2021
Annual accounts 202116,5 k €↑
2020
Annual accounts 2020-26,8 k €↑
2019
Annual accounts 2019-460,1 k €↓
2018
Annual accounts 201843,3 k €↑
2017
Annual accounts 201738,9 k €↑
2016
Annual accounts 201628,5 k €↑
2015
Annual accounts 201528,3 k €↓
2014
Annual accounts 201434,5 k €↓
2013
Annual accounts 201342,7 k €↑
2012
Annual accounts 201225,8 k €↓
2011
Annual accounts 201134,5 k €↑
2010
Annual accounts 201025,9 k €↓
2009
Annual accounts 200929,4 k €↑
2008
Annual accounts 200819,7 k €↑
2007
Annual accounts 200710,9 k €

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

FINELEC

Overview

What does FINELEC do?

Trend over 15 financial years

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Similar companies

Similar companies

Timeline