ACTIVE

WEST INGELEC

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Financial year 2025 · Closed on 31/12/2025

Net result2,5 k €+130,5 %over 1 year
Gross margin263,2 k €+102,1 %over 1 year
Equity14,7 k €+7 660,3 %over 1 year
Workforce4,1 ETP+86,4 %over 1 year

Identity

Source · BCE/KBO

WEST INGELEC is a Private limited company incorporated in 2016. Its main activity is: Electrical installation. Its registered office is in Waregem. It employs on average 4,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0667.881.523
Incorporation
20/12/2016
Legal form
Private limited company
Registered office
Grote Heerweg 67
8791 Waregem · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
4,1 ETP
Joint committees (3)
  • 149
  • 200
  • 201
Contacts
2 public details availableLog in to view
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 9 filings

Trend over 7 financial years

20252024202320222021
Income statement
Gross margin263,2 k €130,2 k €68,3 k €53,7 k €45,3 k €
EBITDA11,4 k €-8,1 k €2,2 k €2,9 k €-1,1 k €
Operating result2,4 k €-8,1 k €2,2 k €2,9 k €-1,1 k €
Net result2,5 k €-8,3 k €1,2 k €2,1 k €-712,8 €
Balance sheet
Equity14,7 k €-194,7 €8,1 k €8,1 k €7,3 k €
Total assets85,5 k €27,4 k €51,3 k €45,6 k €35,7 k €
Cash35,1 k €15,8 k €38,3 k €29,3 k €19,8 k €
Debts70,8 k €27,6 k €43,2 k €37,6 k €28,4 k €
Other
Workforce4,1 ETP2,2 ETP1,0 ETP1,0 ETP1,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 5 ended

Active mandates

BeliPact

Director · since 20 février 2025 · 1009.172.954

Represented by Eric RINNER

Active

Ended mandates

BeliPact

Director · since 20 février 2025 · 1009.172.954

Represented by Erick RINNER

Ended
MILLUX

Manager · since 20 décembre 2016 · 0502.586.296

Represented by Labis Frédéric

Ended
MILLUX

Director · since 20 décembre 2016 · 0502.586.296

Represented by Frédéric LABIS

Ended
MILLUX

Director · since 20 décembre 2016 · until 20 février 2025 · 0502.586.296

Represented by Frédéric LABIS

Ended

Other companies at this address

Grote Heerweg 67 8791 Waregem
CompanyCBE no.
GEDAR● Active
0439.887.773
LEVERAGE INCORPORATED● Bankrupt
0746.917.222
TYPHOON● Active
0435.942.843
URBAN CROP SOLUTIONS● Active
0505.863.116
URBAN GREENS● Active
0600.901.439

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date31/07/202625/06/202526/06/202405/07/202330/06/202214/07/2021
General meeting30/06/202616/06/202520/06/202415/06/202316/06/202217/06/2021
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, 9 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202631/07/2026DutchPDF
Abridged model31/12/202416/06/202525/06/2025DutchPDF
Abridged model31/12/202320/06/202426/06/2024DutchPDF
Abridged model31/12/202215/06/202305/07/2023DutchPDF
Abridged model31/12/202116/06/202230/06/2022DutchPDF
Abridged model31/12/202017/06/202114/07/2021DutchPDF
Abridged model31/12/201918/06/202016/07/2020DutchPDF
Abridged model31/12/201820/06/201917/07/2019DutchPDF
Abridged model31/12/201721/06/201812/07/2018DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 5 ended

Active mandates

BeliPact

Director · since 20 février 2025 · 1009.172.954

Represented by Eric RINNER

Active

Ended mandates

BeliPact

Director · since 20 février 2025 · 1009.172.954

Represented by Erick RINNER

Ended
MILLUX

Manager · since 20 décembre 2016 · 0502.586.296

Represented by Labis Frédéric

Ended
MILLUX

Director · since 20 décembre 2016 · 0502.586.296

Represented by Frédéric LABIS

Ended
MILLUX

Director · since 20 décembre 2016 · until 20 février 2025 · 0502.586.296

Represented by Frédéric LABIS

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates12/08/2026
    Benoeming personen belast met dagelijks bestuur - Toekenning bijzondere
    PDF
  • Mandates09/05/2025
    ONTSLAGEN, BENOEMINGEN, ALGEMENE VERGADERING,
    PDF
  • Mandates01/04/2025
    Eenhoofdigheid - Ontslag en benoeming bestuurder
    PDF
  • Other22/12/2016
    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. 2025
    Annual accounts 20252,5 k €↑
  2. 2024
    Annual accounts 2024-8,3 k €↓
  3. 2023
    Annual accounts 20231,2 k €↓
  4. 2022
    Annual accounts 20222,1 k €↑
  5. 2021
    Annual accounts 2021-712,8 €↓
  6. 2018
    Annual accounts 201838 k €↑
  7. 2017
    Annual accounts 2017-3,8 k €
  8. 20/12/2016
    IncorporationPrivate limited company