ACTIVE

Electrify Europe

Financial year 2024 · Closed on 31/12/2024

Net result70,8 k €+21,6 %over 1 year
Gross margin209 k €+187,0 %over 1 year
Equity188,2 k €+60,2 %over 1 year

Identity

Source · BCE/KBO

Electrify Europe is a Private limited company incorporated in 2016. Its main activity is: Manufacture of electric motors, generators and transformers. Its registered office is in Heist-op-den-Berg.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0653.899.071
Incorporation
10/05/2016
Legal form
Private limited company
Registered office
Eindeke 17D
2221 Heist-op-den-Berg · FlandreSee on map
Contributed capital
82 360,00 €
Latest accounts
31/12/2024
Joint committees (2)
  • 1110
  • 2090
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 8 filings

Trend over 8 financial years

20242023202220212020
Income statement
Gross margin209 k €72,8 k €-53 k €26 k €17 k €
EBITDA117,5 k €66,8 k €-54,1 k €25,5 k €17 k €
Operating result95,4 k €59,4 k €-55,4 k €25 k €16,5 k €
Net result70,8 k €58,2 k €-58,1 k €19,2 k €11,9 k €
Balance sheet
Equity188,2 k €117,5 k €59,3 k €52,4 k €33,2 k €
Total assets400,9 k €224,2 k €163,1 k €148,5 k €58,2 k €
Cash13,8 k €49,2 k €18,9 k €5,2 k €23,4 k €
Debts212,7 k €106,7 k €98,9 k €96,1 k €24,9 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 2 ended

Active mandates

SVEN VAN PASSEL

Director

Active

Ended mandates

SVEN VAN PASSEL

Manager

Ended
VENTOVITA BVBA

Manager · 0526.862.032

Represented by KRIS VAN PASSEL

Ended

Other companies at this address

Eindeke 17D 2221 Heist-op-den-Berg
CompanyCBE no.
SVP MANAGEMENT● Active
0778.672.151

Full financial information

Source · NBB
202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/05/202508/07/202431/08/202331/08/202231/08/202108/10/2020
General meeting26/05/202530/06/202405/06/202307/06/202207/06/202108/09/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 8 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202426/05/202529/05/2025DutchPDF
Micro model31/12/202330/06/202408/07/2024DutchPDF
Micro model31/12/202205/06/202331/08/2023DutchPDF
Micro model31/12/202107/06/202231/08/2022DutchPDF
Micro model31/12/202007/06/202131/08/2021DutchPDF
Micro model31/12/201908/09/202008/10/2020DutchPDF
Micro model31/12/201828/06/201930/08/2019DutchPDF
Micro model31/12/201730/06/201830/10/2018DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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.

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 2 ended

Active mandates

SVEN VAN PASSEL

Director

Active

Ended mandates

SVEN VAN PASSEL

Manager

Ended
VENTOVITA BVBA

Manager · 0526.862.032

Represented by KRIS VAN PASSEL

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates15/07/2026
    ONTSLAGEN, BENOEMINGEN
    PDF
  • Mandates03/10/2025
    ONTSLAGEN, BENOEMINGEN, KAPITAAL, AANDELEN,
    PDF
  • Registered office15/05/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares29/09/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Other21/12/2021
    BENAMING - DOEL
    PDF
  • Mandates20/06/2019
    WIJZIGING RECHTSVORM - BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other12/05/2016
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 202470,8 k €↑
  2. 2023
    Annual accounts 202358,2 k €↑
  3. 2022
    Annual accounts 2022-58,1 k €↓
  4. 2021
    Annual accounts 202119,2 k €↑
  5. 2021
    Name changeElectrify Europe
  6. 2020
    Annual accounts 202011,9 k €↓
  7. 2019
    Annual accounts 201913,6 k €↑
  8. 2018
    Annual accounts 2018-8,9 k €↓
  9. 2018
    Name changeSVP Management
  10. 2017
    Annual accounts 2017-776,3 €
  11. 2017
    Name changeVV Seals
  12. 10/05/2016
    IncorporationPrivate limited company