ACTIVE

BAGELEC

Financial year 2025 · closed on 31/12/2025
Net result
17,6 k €
+1484.5% YoY
Gross margin
412,9 k €
+25.9% YoY
Equity
19,7 k €
+818.8% YoY
Workforce
5,1 ETP

What does BAGELEC do?

BAGELEC is a Private limited company incorporated in 2013. Its main activity is: Electrical installation. Its registered office is in Braine-le-Château. It employs on average 5,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0502.751.988
Incorporation
24/01/2013
Legal form
Private limited company
Registered office
Chaussée de Tubize(W-B) 208 box 4
1440 Braine-le-Château · WallonieSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Average workforce
5,1 ETP
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120202019201820172016201520142013
Income statement
Gross margin412,9 k €327,9 k €242,9 k €245,2 k €329,2 k €237,4 k €254,7 k €298,2 k €323,1 k €311,4 k €228,5 k €244,9 k €100,7 k €
EBITDA51,7 k €26,8 k €18,5 k €6,6 k €22,9 k €19,9 k €33,9 k €29,6 k €42,3 k €36,6 k €32,5 k €40,9 k €18 k €
Operating result35,2 k €15,9 k €10,6 k €-4,8 k €11,4 k €2,1 k €19,3 k €14,2 k €24,2 k €16,8 k €15,7 k €26,3 k €7,1 k €
Net result17,6 k €1,1 k €987,9 €-14,7 k €-728,2 €-8,6 k €1,7 k €1,1 k €7,8 k €-2,4 k €-945,8 €8,4 k €2,1 k €
Balance sheet
Equity19,7 k €2,1 k €1 k €48,1 €14,7 k €15,4 k €24 k €22,3 k €21,1 k €13,4 k €15,8 k €16,7 k €8,3 k €
Total assets279,4 k €254 k €306,8 k €374,4 k €380,6 k €419,9 k €512,4 k €318,6 k €247,8 k €208,9 k €211,7 k €209,7 k €129,6 k €
Cash20,7 k €41,1 k €6,6 k €1,9 k €17,1 k €8 k €17,2 k €27,6 k €7,4 k €17,2 k €10 k €4 k €16,6 k €
Debts259,7 k €206,5 k €173,1 k €202,9 k €244 k €197,1 k €125,3 k €127,1 k €134,6 k €195,5 k €195,9 k €186 k €121,3 k €
Other
Workforce5,1 ETP4,0 ETP4,0 ETP4,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 2 ended

Active mandates

CAP Management

Manager · since 24 janvier 2013 · 0843.741.632

Represented by BENOIT CARTIAUX

Active
TIN SERVICES

Manager · since 24 janvier 2013 · 0848.689.424

Represented by THIERRY VERBUSTEL

Active

Ended mandates

CAP Management

Manager · since 24 janvier 2013 · 0843.741.632

Represented by BENOIT CARTIAUX

Ended
TIN SERVICES

Manager · since 24 janvier 2013 · 0848.689.424

Represented by THIERRY VERBUSTEL

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/06/202630/06/202523/06/202429/06/202322/07/202207/08/2021
General meeting27/05/202628/05/202529/05/202431/05/202325/05/202226/05/2021
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

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202527/05/202630/06/2026FrenchPDF
Abridged model31/12/202428/05/202530/06/2025FrenchPDF
Abridged model31/12/202329/05/202423/06/2024FrenchPDF
Abridged model31/12/202231/05/202329/06/2023FrenchPDF
Abridged model31/12/202125/05/202222/07/2022FrenchPDF
Micro model31/12/202026/05/202107/08/2021FrenchPDF
Micro model31/12/201927/05/202019/08/2020FrenchPDF
Micro model31/12/201829/05/201925/07/2019FrenchPDF
Micro model31/12/201730/05/201828/08/2018FrenchPDF
Micro model31/12/201631/05/201725/08/2017FrenchPDF
Abridged model31/12/201525/05/201622/08/2016FrenchPDF
Abridged model31/12/201427/05/201524/08/2015FrenchPDF
Abridged modelCorrection31/12/201330/10/201416/03/2015FrenchPDF
Abridged model31/12/201328/05/201431/10/2014FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 31/12/2025 · 2 active · 2 ended

Active mandates

CAP Management

Manager · since 24 janvier 2013 · 0843.741.632

Represented by BENOIT CARTIAUX

Active
TIN SERVICES

Manager · since 24 janvier 2013 · 0848.689.424

Represented by THIERRY VERBUSTEL

Active

Ended mandates

CAP Management

Manager · since 24 janvier 2013 · 0843.741.632

Represented by BENOIT CARTIAUX

Ended
TIN SERVICES

Manager · since 24 janvier 2013 · 0848.689.424

Represented by THIERRY VERBUSTEL

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other14/09/2026
    MODIFICATION FORME JURIDIQUE
    PDF
  • Registered office28/05/2015
    SIEGE SOCIAL
    PDF
  • Registered office06/05/2013
    SIEGE SOCIAL
    PDF
  • Other28/01/2013
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 202517,6 k €
  2. 2024
    Annual accounts 20241,1 k €
  3. 2023
    Annual accounts 2023987,9 €
  4. 2022
    Annual accounts 2022-14,7 k €
  5. 2021
    Annual accounts 2021-728,2 €
  6. 2020
    Annual accounts 2020-8,6 k €
  7. 2019
    Annual accounts 20191,7 k €
  8. 2018
    Annual accounts 20181,1 k €
  9. 2017
    Annual accounts 20177,8 k €
  10. 2016
    Annual accounts 2016-2,4 k €
  11. 2015
    Annual accounts 2015-945,8 €
  12. 2014
    Annual accounts 20148,4 k €
  13. 2013
    Annual accounts 20132,1 k €
  14. 24/01/2013
    IncorporationPrivate limited company