ACTIVE

Cableco

Financial year 2025 · Closed on 31/12/2025

Net result225,8 k €+107,9 %over 1 year

Revenue5,9 M €-20,3 %over 1 year

Equity43,6 M €-10,9 %over 1 year

Identity

Source · BCE/KBO

Cableco is a Private limited company incorporated in 2015. Its main activity is: Construction of utility projects for electricity and telecommunications. Its registered office is in Kortrijk.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0631.913.428
Incorporation: 10/06/2015
Legal form: Private limited company
Registered office: President Kennedypark(Kor) 8A box 1
8500 Kortrijk · FlandreSee on map
Contributed capital: 43 517 901,61 €
Latest accounts: 31/12/2025

Activities (NACE)

42220Construction of utility projects for electricity and telecommunications· main 42220Construction of utility projects for electricity and telecommunications

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 12 filings

Trend over 10 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	5,9 M €	-20.3%	7,4 M €	-3.6%	7,7 M €	+2.7%	7,5 M €	+7.4%	6,9 M €
EBITDA	5,7 M €	+3.0%	5,6 M €	-4.9%	5,9 M €	+2.8%	5,7 M €	+0.6%	5,7 M €
Operating result	308,1 k €	+109%	147,6 k €	-68.8%	473 k €	+48.7%	318,1 k €	+10.3%	288,3 k €
Net result	225,8 k €	+108%	108,6 k €	-68.5%	345,3 k €	+51.0%	228,6 k €	+12.3%	203,6 k €
Balance sheet
Equity	43,6 M €	-10.9%	48,9 M €	-9.8%	54,2 M €	-8.9%	59,5 M €	-8.2%	64,8 M €
Total assets	44,5 M €	-10.9%	49,9 M €	-9.8%	55,3 M €	-9.1%	60,8 M €	-7.5%	65,7 M €
Cash	496,4 k €	+51.5%	327,7 k €	-54.5%	720,3 k €	-24.9%	958,8 k €	+118%	439,2 k €
Debts	367,3 k €	-33.5%	552,4 k €	-4.2%	576,6 k €	-18.3%	706 k €	+68.9%	418,1 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Kenta Nishikawa	Director19/05/2023 → 15/05/2026
VAN LEEUW CONSULTING0562.832.206Represented by François Van Leeuw	Director20/12/2021 → 15/05/2026
Rik Van de Walle	Chairman of the board of directors09/06/2015 → 15/05/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Motoo Shimada	Director18/05/2018 → 2023 accounts
Wim Colruyt	Director21/05/2021 → 23/12/2021

Other companies at this address

President Kennedypark(Kor) 8A 8500 Kortrijk

Company	CBE no.
AEB Energy Storage● Active	1036.071.549
A&P WIND SERVICES● Active	0563.425.686
ASPIRAVI● Active	0477.518.825
ASPIRAVI ANTILLEN● Active	0654.923.313
ASPIRAVI ENERGY● Active	0553.706.187
ASPIRAVI HOLDING● Active	0833.432.809
ASPIRAVI INTERNATIONAL● Active	0665.755.639
ASPIRAVI OFFSHORE● Active	0477.948.593
ASPIRAVI OFFSHORE II● Active	0847.319.645
Northwind● Active	0894.163.222
TeaMWise● Active	0552.706.295

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	11/06/2026	16/06/2025	17/06/2024	12/06/2023	15/06/2022	09/09/2021
General meeting	15/05/2026	16/05/2025	17/05/2024	19/05/2023	20/05/2022	21/05/2021
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

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 12 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	15/05/2026	11/06/2026	Dutch	PDF
Full model	31/12/2024	16/05/2025	16/06/2025	Dutch	PDF
Full model	31/12/2023	17/05/2024	17/06/2024	Dutch	PDF
Full model	31/12/2022	19/05/2023	12/06/2023	Dutch	PDF
Full model	31/12/2021	20/05/2022	15/06/2022	Dutch	PDF
Full model	31/12/2020	21/05/2021	09/09/2021	Dutch	PDF
Full model	31/12/2020	21/05/2021	27/05/2021	Dutch	PDF
Full model	31/12/2019	15/05/2020	11/06/2020	Dutch	PDF
Full model	31/12/2018	17/05/2019	27/05/2019	Dutch	PDF
Full modelCorrection	31/12/2017	18/05/2018	27/05/2019	Dutch	PDF
Full model	31/12/2017	18/05/2018	06/06/2018	Dutch	PDF
Full model	31/12/2016	19/05/2017	06/06/2017	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Kenta Nishikawa	Director19/05/2023 → 15/05/2026
VAN LEEUW CONSULTING0562.832.206Represented by François Van Leeuw	Director20/12/2021 → 15/05/2026
Rik Van de Walle	Chairman of the board of directors09/06/2015 → 15/05/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Motoo Shimada	Director18/05/2018 → 2023 accounts
Wim Colruyt	Director21/05/2021 → 23/12/2021

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Other30/06/2026
—
PDF
Mandates13/05/2026
ONTSLAGEN - BENOEMINGEN
PDF
Registered office29/12/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares30/12/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - KAPITAAL - AANDELEN
PDF
Mandates13/09/2024
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares25/01/2024
KAPITAAL - AANDELEN
PDF
Mandates15/01/2024
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares28/12/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - KAPITAAL - AANDELEN
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings10 filings

Mandates

Kenta Nishikawa

VAN LEEUW CONSULTING

Rik Van de Walle

Motoo Shimada

Wim Colruyt

Hisuyaki Doi

Wim Biesemans

Yoichi Sakai

201520162017201820192020202120222023202420252026

Cableco

President Kennedypark(Kor) 8A bte 1, 8500 KortrijkVaarnewijkstraat 17, 8530 Harelbeke

Director

Chairman of the board of directors

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
President Kennedypark(Kor) 8A bte 1, 8500 KortrijkCurrent	accounts 2025	Accounts 2025 · 2026-00169557
Vaarnewijkstraat 17, 8530 Harelbeke	accounts 2021 → 2024	Accounts 2024 · 2025-00153892

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
CablecoCurrent	accounts 2016 → 2025	Accounts 2025 · 2026-00169557

Events

02/04/2026
nominationMarlies Vlasselaer · bestuurder
2025
Annual accounts 2025225,8 k €↑
2024
Annual accounts 2024108,6 k €↓
20/12/2024
apport
08/03/2024
nominationRik Van de Walle · vertegenwoordiger van A&P Wind Services NV (bijzondere volmacht)
2023
Annual accounts 2023345,3 k €↑
21/12/2023
augmentation_capital
19/05/2023
nominationKenta Nishikawa · bestuurder
19/05/2023
reconductionEY Bedrijfsrevisoren BV · commissaris
2022
Annual accounts 2022228,6 k €↑
22/12/2022
apport
2021
Annual accounts 2021203,6 k €↓
2020
Annual accounts 2020321,8 k €↓
2019
Annual accounts 2019388,8 k €↑
2018
Annual accounts 201874,9 k €↓
2017
Annual accounts 2017266,6 k €↓
2016
Annual accounts 2016323,2 k €
10/06/2015
IncorporationPrivate limited company

Cableco

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events