ACTIVE

ERTECH

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Financial year 2025 · closed on 31/12/2025
Net result
25,1 k €
-35.4% YoY
Gross margin
1 M €
+6.8% YoY
Equity
107 k €
+30.6% YoY

What does ERTECH do?

ERTECH is a Private limited company incorporated in 2016. Its main activity is: Electrical installation. Its registered office is in Genk.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0660.837.541
Incorporation
10/08/2016
Legal form
Private limited company
Registered office
Jaarbeurslaan 17 box 12
3600 Genk · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Activities (NACE)
43211Electrical installation· main43211Electrical installation41001Construction of buildings41002Construction of buildings41003Construction of buildings41201Construction of residential and non-residential buildings+4
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Gross margin1 M €956,4 k €764 k €497,6 k €368,2 k €21,3 k €59,2 k €58,2 k €166,3 k €
EBITDA58,2 k €66,9 k €42,4 k €-35,1 k €48,3 k €4,9 k €6,3 k €6,9 k €64,5 k €
Operating result51,5 k €64,8 k €16 k €-39,2 k €44,7 k €1,9 k €2,7 k €2,2 k €57,5 k €
Net result25,1 k €38,8 k €5,2 k €-41,3 k €25,7 k €5,1 k €767,4 €1,9 k €39,6 k €
Balance sheet
Equity107 k €81,9 k €43,1 k €38 k €79,2 k €53,5 k €48,4 k €47,7 k €45,8 k €
Total assets224,1 k €246,2 k €229,7 k €186,3 k €143,5 k €86,2 k €73,3 k €74,2 k €115,9 k €
Cash38,6 k €3,3 k €620 €1 k €4,2 k €3,8 k €15,7 k €19,2 k €73,5 k €
Debts117,1 k €164,3 k €186,6 k €148,4 k €64,3 k €32,5 k €24,8 k €26,5 k €70,1 k €
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 31/12/2025 · 1 active · 1 ended

Active mandates

ALI KELES

Manager

Active

Ended mandates

FATIH DERVISOGLU

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
ABA Genk● Active
1041.795.143
AVANCE MATCHING PROFESSIONALS● Active
0473.424.633
BURO B Architectuur & Interieurdesign● Active
0500.778.930
CEFUGE● Active
0779.484.179
CERTAFIN● Active
0888.521.087
EJG INVEST● Active
0434.794.679
FRANSSEN E.● Active
0446.821.194
KIMMENADE● Bankrupt
0870.903.414
Vereniging van mede-eigenaars van het gebouw "Jaarbeurslaan 17" te 3600 Genk, Jaarbeurslaan 17● Active
0521.889.692
WeHealth● Active
0771.805.541
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro 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 date03/08/202626/08/202530/04/202431/10/202301/06/202229/04/2021
General meeting31/05/202603/06/202525/04/202409/10/202327/04/202223/04/2021
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

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202531/05/202603/08/2026DutchPDF
Micro model31/12/202403/06/202526/08/2025DutchPDF
Micro model31/12/202325/04/202430/04/2024DutchPDF
Micro model31/12/202209/10/202331/10/2023DutchPDF
Micro model31/12/202127/04/202201/06/2022DutchPDF
Micro model31/12/202023/04/202129/04/2021DutchPDF
Micro model31/12/201920/06/202030/06/2020DutchPDF
Micro model31/12/201820/06/201909/07/2019DutchPDF
Micro model31/12/201720/06/201822/08/2018DutchPDF
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 31/12/2025 · 1 active · 1 ended

Active mandates

ALI KELES

Manager

Active

Ended mandates

FATIH DERVISOGLU

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates28/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/07/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/03/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/05/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office04/06/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates05/12/2017
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Mandates23/02/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other23/08/2016
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 202525,1 k €↓
  2. 2024
    Annual accounts 202438,8 k €↑
  3. 2023
    Annual accounts 20235,2 k €↑
  4. 2022
    Annual accounts 2022-41,3 k €↓
  5. 2021
    Annual accounts 202125,7 k €↑
  6. 2020
    Annual accounts 20205,1 k €↑
  7. 2019
    Annual accounts 2019767,4 €↓
  8. 2018
    Annual accounts 20181,9 k €↓
  9. 2017
    Annual accounts 201739,6 k €
  10. 10/08/2016
    IncorporationPrivate limited company