ACTIVE

VAN GHELUWE

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

38,6 k €

-72.8% YoY

Gross margin

517,9 k €

-15.9% YoY

Equity

445,6 k €

+7.1% YoY

Workforce

7,0 ETP

-11.4% YoY

What does VAN GHELUWE do?

VAN GHELUWE is a Private limited company incorporated in 2014. Its main activity is: Electrical installation. Its registered office is in Woluwe-Saint-Lambert. It employs on average 7,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0554.958.477

Incorporation

02/07/2014

Legal form

Private limited company

Registered office

Avenue du Gobelet d'Or 17
1200 Woluwe-Saint-Lambert · BruxellesSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

7,0 ETP

Activities (NACE)

43211Electrical installation· main 43211Electrical installation 47552Retail sale of other household equipment in specialised stores 47592Retail sale of furniture, lighting equipment and other household articles in specialised stores

Joint committees (3)

149
14901
201

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 11 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015
Income statement
Gross margin	517,9 k €	-15.9%	616,1 k €	+8.1%	570 k €	-1.9%	581,2 k €	+1.2%	574,5 k €	+14.5%	501,9 k €	+23.6%	406,2 k €	+5.5%	385,1 k €	+8.8%	354 k €	+18.9%	297,8 k €	-7.8%	322,9 k €
EBITDA	81,6 k €	-62.6%	218,3 k €	+37.8%	158,3 k €	-53.9%	343,4 k €	+24.3%	276,3 k €	+10.0%	251,2 k €	+38.2%	181,8 k €	-7.7%	196,9 k €	+0.1%	196,6 k €	+14.8%	171,2 k €	-16.7%	205,5 k €
Operating result	50,7 k €	-73.0%	187,4 k €	+72.6%	108,5 k €	-64.5%	305,5 k €	+34.9%	226,5 k €	+10.1%	205,6 k €	+50.7%	136,5 k €	-22.6%	176,4 k €	-6.3%	188,2 k €	+15.6%	162,8 k €	-15.9%	193,5 k €
Net result	38,6 k €	-72.8%	141,8 k €	+71.7%	82,6 k €	-64.7%	233,7 k €	+35.8%	172,1 k €	+10.2%	156,2 k €	+42.3%	109,7 k €	-15.8%	130,3 k €	+3.8%	125,5 k €	+14.5%	109,6 k €	-13.0%	125,9 k €
Balance sheet
Equity	445,6 k €	+7.1%	416 k €	+51.7%	274,2 k €	-36.5%	431,6 k €	-54.5%	947,9 k €	+22.2%	775,9 k €	+25.2%	619,7 k €	+21.5%	510 k €	+34.3%	379,7 k €	+49.4%	254,1 k €	+75.8%	144,5 k €
Total assets	505,7 k €	+5.9%	477,6 k €	+27.2%	375,4 k €	-29.1%	529,4 k €	-49.1%	1 M €	+21.2%	857,5 k €	+20.8%	709,8 k €	+22.8%	578 k €	+23.6%	467,7 k €	+26.7%	369,1 k €	+46.3%	252,3 k €
Cash	275,5 k €	+8.6%	253,7 k €	+89.1%	134,1 k €	-16.7%	160,9 k €	-79.4%	780,5 k €	+32.8%	587,6 k €	+56.7%	375 k €	+11.7%	335,6 k €	-9.0%	368,9 k €	+52.5%	241,9 k €	+82.7%	132,4 k €
Debts	60,2 k €	-2.3%	61,6 k €	-39.1%	101,2 k €	+3.9%	97,4 k €	+6.8%	91,1 k €	+12.2%	81,2 k €	-9.4%	89,7 k €	+31.8%	68 k €	-22.7%	88 k €	-23.4%	115 k €	+6.7%	107,7 k €
Other
Workforce	7,0 ETP	-11.4%	7,9 ETP	-7.1%	8,5 ETP	+30.8%	6,5 ETP		–		–		–		–		–		–		2,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Olivier VAN GHELUWE

Director · since 06 octobre 2020

Active

Ended mandates

Olivier VAN GHELUWE

Director · since 02 juillet 2014

Ended

Olivier VAN GHELUWE

Manager · since 02 juillet 2014

Ended

At this address

Other companies at this address

Company	CBE no.
INSPIRE MY DAY● Active	1024.363.748

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	06/08/2026	30/09/2025	30/08/2024	25/08/2023	30/09/2022	30/09/2021
General meeting	22/06/2026	23/06/2025	24/06/2024	26/06/2023	27/06/2022	28/06/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

11 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	22/06/2026	06/08/2026	French	PDF
Abridged model	31/12/2024	23/06/2025	30/09/2025	French	PDF
Abridged model	31/12/2023	24/06/2024	30/08/2024	French	PDF
Abridged model	31/12/2022	26/06/2023	25/08/2023	French	PDF
Micro model	31/12/2021	27/06/2022	30/09/2022	French	PDF
Micro model	31/12/2020	28/06/2021	30/09/2021	French	PDF
Micro model	31/12/2019	22/06/2020	26/08/2020	French	PDF
Micro model	31/12/2018	24/06/2019	19/08/2019	French	PDF
Micro model	31/12/2017	25/06/2018	16/08/2018	French	PDF
Micro model	31/12/2016	26/06/2017	22/08/2017	French	PDF
Abridged model	31/12/2015	27/06/2016	03/08/2016	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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 · 1 active · 2 ended

Active mandates

Olivier VAN GHELUWE

Director · since 06 octobre 2020

Active

Ended mandates

Olivier VAN GHELUWE

Director · since 02 juillet 2014

Ended

Olivier VAN GHELUWE

Manager · since 02 juillet 2014

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office11/03/2024
SIEGE SOCIAL
PDF
Mandates15/10/2020
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Other08/06/2015
DIVERS
PDF
Other11/07/2014
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

2025
Annual accounts 202538,6 k €↓
2024
Annual accounts 2024141,8 k €↑
2023
Annual accounts 202382,6 k €↓
2022
Annual accounts 2022233,7 k €↑
2021
Annual accounts 2021172,1 k €↑
2020
Annual accounts 2020156,2 k €↑
2019
Annual accounts 2019109,7 k €↓
2018
Annual accounts 2018130,3 k €↑
2017
Annual accounts 2017125,5 k €↑
2016
Annual accounts 2016109,6 k €↓
2015
Annual accounts 2015125,9 k €
02/07/2014
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

VAN GHELUWE

Overview

What does VAN GHELUWE do?

Trend over 11 financial years

Indicative valuation

Board of directors

Other companies at this address

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