ACTIVE

OVANCO

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Financial year 2025 · closed on 30/09/2025

Net result

17,2 k €

+20.6% YoY

Gross margin

88,2 k €

+18.4% YoY

Equity

278,9 k €

+6.6% YoY

What does OVANCO do?

OVANCO is a Private limited company incorporated in 2001. Its main activity is: Electrical installation. Its registered office is in Wortegem-Petegem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0474.879.435

Incorporation

23/05/2001

Legal form

Private limited company

Registered office

Oudenaardseweg (W.-M.) 41
9790 Wortegem-Petegem · FlandreSee on map

Contributed capital

31 000,00 €

Latest accounts

30/09/2025

Activities (NACE)

43211Electrical installation· main 43211Electrical installation 45310Wholesale trade of motor vehicle parts and accessories

Joint committees (4)

149
14901
200
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	88,2 k €	+18.4%	74,5 k €	+70.1%	43,8 k €	-45.4%	80,2 k €	-51.8%	166,4 k €	-76.4%	705,4 k €	+15.4%	611,1 k €	+20.5%	507,1 k €	+8.4%	468 k €	+4.7%	447,2 k €	+29.3%	345,8 k €	-5.9%	367,3 k €	-6.7%	393,8 k €	+14.4%	344,2 k €	+17.2%	293,6 k €	+9.0%	269,3 k €	+4.2%	258,4 k €	-4.9%	271,8 k €
EBITDA	66,6 k €	+6.0%	62,8 k €	+57.6%	39,9 k €	-49.3%	78,6 k €	+138%	-207,7 k €	-251%	137,2 k €	-11.3%	154,6 k €	+115%	71,8 k €	-36.2%	112,5 k €	+26.6%	88,9 k €	+16.2%	76,5 k €	-6.6%	81,9 k €	-19.8%	102,1 k €	+46.1%	69,9 k €	+13.8%	61,4 k €	+3.9%	59,1 k €	-3.6%	61,3 k €	+8.4%	56,5 k €
Operating result	27,9 k €	+2.3%	27,2 k €	+568%	4,1 k €	-88.0%	34,1 k €	+114%	-250,3 k €	-467%	68,3 k €	-14.4%	79,8 k €	+86.6%	42,8 k €	-29.4%	60,5 k €	+110%	28,8 k €	+49.7%	19,3 k €	-42.6%	33,6 k €	-40.3%	56,2 k €	+93.1%	29,1 k €	-0.9%	29,4 k €	+67.6%	17,5 k €	-53.6%	37,8 k €	+75.7%	21,5 k €
Net result	17,2 k €	+20.6%	14,2 k €	+1693%	-893,5 €	-104%	20,2 k €	-72.6%	73,6 k €	+115%	34,2 k €	-0.5%	34,4 k €	+97.4%	17,4 k €	-47.3%	33 k €	+1166%	2,6 k €	+239%	769,7 €	-93.0%	10,9 k €	-54.7%	24,1 k €	+206%	7,9 k €	+64.8%	4,8 k €	+194%	-5,1 k €	-131%	16,3 k €	+376%	3,4 k €
Balance sheet
Equity	278,9 k €	+6.6%	261,8 k €	-9.0%	287,6 k €	-12.5%	328,8 k €	+6.5%	308,6 k €	-5.6%	326,8 k €	+11.7%	292,6 k €	+74.0%	168,2 k €	+11.6%	150,8 k €	+28.1%	117,7 k €	+2.3%	115,1 k €	+0.7%	114,3 k €	+10.6%	103,4 k €	+30.4%	79,3 k €	+8.1%	73,4 k €	+3.3%	71 k €	-9.6%	78,5 k €	+23.0%	63,8 k €
Total assets	506,6 k €	-0.4%	508,8 k €	-1.2%	515,1 k €	-18.1%	628,6 k €	-12.1%	715,4 k €	-40.5%	1,2 M €	-21.8%	1,5 M €	+17.2%	1,3 M €	+33.6%	980,4 k €	+21.2%	808,7 k €	+8.0%	748,5 k €	+39.7%	535,8 k €	-11.7%	607 k €	+8.1%	561,3 k €	-19.3%	695,9 k €	+29.4%	537,8 k €	+2.6%	524 k €	+7.5%	487,6 k €
Cash	97 k €	+63.4%	59,4 k €	-36.2%	93,1 k €	-45.1%	169,4 k €	-23.2%	220,6 k €	+842%	23,4 k €	+1179%	1,8 k €	-98.5%	125,8 k €	+1529%	7,7 k €	-89.6%	74,2 k €	+568%	11,1 k €	-60.8%	28,3 k €	-27.8%	39,2 k €	+148%	15,8 k €	+7293%	214,3 €		–		8,8 k €	+637%	1,2 k €
Debts	215,7 k €	-7.5%	233,3 k €	+10.0%	212 k €	-25.0%	282,7 k €	-27.1%	387,9 k €	-53.8%	839,6 k €	-30.0%	1,2 M €	+5.2%	1,1 M €	+37.7%	828,7 k €	+20.5%	687,8 k €	+9.1%	630,4 k €	+49.9%	420,5 k €	-15.9%	499,9 k €	+4.5%	478,4 k €	-22.5%	617,4 k €	+33.0%	464,3 k €	+4.9%	442,6 k €	+4.5%	423,6 k €
Other
Workforce	–		–		0,0 ETP		–		9,8 ETP	-20.3%	12,3 ETP	-31.7%	18,0 ETP	+89.5%	9,5 ETP	-4.0%	9,9 ETP	+20.7%	8,2 ETP	+30.2%	6,3 ETP	-10.0%	7,0 ETP	-12.5%	8,0 ETP	+5.3%	7,6 ETP	+49.0%	5,1 ETP	+27.5%	4,0 ETP	0.0%	4,0 ETP	-2.4%	4,1 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 30/09/2025 · 1 active · 2 ended

Active mandates

ANDRE OVERDULVE

Director

Active

Ended mandates

André Overdulve

Manager

Ended

André OVERDULVE

Mandate

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/05/2026	27/06/2025	30/05/2024	31/05/2023	29/04/2022	11/05/2021
General meeting	20/05/2026	25/06/2025	27/05/2024	28/03/2023	27/04/2022	12/04/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/09/2025	20/05/2026	29/05/2026	Dutch	PDF
Micro model	30/09/2024	25/06/2025	27/06/2025	Dutch	PDF
Abridged model	30/09/2023	27/05/2024	30/05/2024	Dutch	PDF
Abridged model	30/09/2022	28/03/2023	31/05/2023	Dutch	PDF
Abridged model	30/09/2021	27/04/2022	29/04/2022	Dutch	PDF
Abridged model	30/09/2020	12/04/2021	11/05/2021	Dutch	PDF
Abridged model	30/09/2019	31/03/2020	01/04/2020	Dutch	PDF
Abridged model	30/09/2018	26/03/2019	30/04/2019	Dutch	PDF
Abridged model	30/09/2017	28/05/2018	31/05/2018	Dutch	PDF
Abridged model	30/09/2016	31/05/2017	02/06/2017	Dutch	PDF
Abridged model	30/09/2015	29/03/2016	22/04/2016	Dutch	PDF
Abridged model	30/09/2014	16/06/2015	13/07/2015	Dutch	PDF
Abridged model	30/09/2013	08/07/2014	22/07/2014	Dutch	PDF
Abridged model	30/09/2012	19/07/2013	30/07/2013	Dutch	PDF
Abridged model	30/09/2011	18/07/2012	26/07/2012	Dutch	PDF
Abridged model	30/09/2010	29/03/2011	28/04/2011	Dutch	PDF
Abridged model	30/09/2009	24/06/2010	20/07/2010	Dutch	PDF
Abridged model	30/09/2008	31/03/2009	15/06/2009	Dutch	PDF
Abridged model	30/09/2007	25/03/2008	26/06/2008	Dutch	PDF
Abridged model	30/09/2006	27/03/2007	03/05/2007	Dutch	PDF

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 30/09/2025 · 1 active · 2 ended

Active mandates

ANDRE OVERDULVE

Director

Active

Ended mandates

André Overdulve

Manager

Ended

André OVERDULVE

Mandate

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates06/07/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Registered office27/06/2018
BENAMING - MAATSCHAPPELIJKE ZETEL - 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

2025
Annual accounts 202517,2 k €↑
2024
Annual accounts 202414,2 k €↑
2023
Annual accounts 2023-893,5 €↓
2022
Annual accounts 202220,2 k €↓
2022
Name changeOVANCO BV
2021
Annual accounts 202173,6 k €↑
2021
Name changeAELECTRICS BV
2018
Annual accounts 201834,2 k €↓
2017
Annual accounts 201734,4 k €↑
2016
Annual accounts 201617,4 k €↓
2015
Annual accounts 201533 k €↑
2014
Annual accounts 20142,6 k €↑
2013
Annual accounts 2013769,7 €↓
2012
Annual accounts 201210,9 k €↓
2011
Annual accounts 201124,1 k €↑
2010
Annual accounts 20107,9 k €↑
2009
Annual accounts 20094,8 k €↑
2008
Annual accounts 2008-5,1 k €↓
2007
Annual accounts 200716,3 k €↑
2006
Annual accounts 20063,4 k €
23/05/2001
IncorporationPrivate 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

OVANCO

Overview

What does OVANCO do?

Trend over 18 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