ACTIVE

Electroco

Financial year 2025 · closed on 31/12/2025
Net result
119,4 k €
-50.6% YoY
Gross margin
282,1 k €
+82.9% YoY
Equity
6,1 M €
+2.0% YoY

What does Electroco do?

Electroco is a Private limited company incorporated in 2017. Its main activity is: Activities of holding companies. Its registered office is in Gent.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0686.572.829
Incorporation
18/12/2017
Legal form
Private limited company
Registered office
Coupure 64 box F
9000 Gent · FlandreSee on map
Contributed capital
1 000 000,00 €
Latest accounts
31/12/2025
Contacts
1 public detail availableLog in to view
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021202020192018
Income statement
Gross margin282,1 k €154,3 k €95,5 k €110,4 k €116,3 k €122,6 k €1,3 M €77,1 k €
EBITDA280,9 k €153,1 k €94,4 k €109,4 k €115,3 k €121,5 k €1,3 M €75,8 k €
Operating result280,9 k €153,1 k €94,4 k €109,4 k €115,3 k €121,5 k €1,3 M €73,4 k €
Net result119,4 k €241,8 k €421,9 k €464,7 k €330,0 k €846,4 k €2,0 M €701,6 k €
Balance sheet
Equity6,1 M €6,0 M €5,8 M €5,4 M €4,9 M €4,6 M €3,7 M €1,7 M €
Total assets10,0 M €10,0 M €10,0 M €10,0 M €10,0 M €10,0 M €10,0 M €19,3 M €
Cash4,4 k €5,2 k €41,6 k €12,2 k €36,7 k €17,1 k €36,6 k €3,1 k €
Debts3,8 M €3,9 M €4,2 M €4,6 M €5,1 M €5,4 M €6,3 M €17,6 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 20 ended

Active mandates

Nimoyraf

Director · since 18 décembre 2017 · 0825.625.101

Represented by Jan Froyman

Active
MAD MEN

Director · 0825.625.594

Represented by Wim Vernaeve

Active
NAPTON

Director · 0864.879.219

Represented by Frederik VANDER ELST

Active
Tofino

Director · 0700.247.750

Represented by Tim BAEKELANDT

Active

Ended mandates

Tofino

Director · since 01 juin 2020 · 0700.247.750

Represented by Baekelandt TIM

Ended
Tofino

Director · since 01 juin 2020 · 0700.247.750

Represented by BAEKELANDT TIM

Ended
Tofino

Director · since 01 juin 2020 · 0700.247.750

Represented by Tim Baekelandt

Ended
NAPTON

Director · since 21 décembre 2017 · 0864.879.219

Represented by Frederik Vander Elst

Ended
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Annual accounts

Full financial information

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 date18/06/202616/06/202505/07/202428/06/202331/08/202225/06/2021
General meeting05/06/202606/06/202507/06/202402/06/202303/06/202204/06/2021
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202505/06/202618/06/2026DutchPDF
Abridged model31/12/202406/06/202516/06/2025DutchPDF
Abridged model31/12/202307/06/202405/07/2024DutchPDF
Abridged model31/12/202202/06/202328/06/2023DutchPDF
Abridged model31/12/202103/06/202231/08/2022DutchPDF
Abridged model31/12/202004/06/202125/06/2021DutchPDF
Abridged model31/12/201905/06/202017/06/2020DutchPDF
Abridged model31/12/201807/06/201920/06/2019DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 20 ended

Active mandates

Nimoyraf

Director · since 18 décembre 2017 · 0825.625.101

Represented by Jan Froyman

Active
MAD MEN

Director · 0825.625.594

Represented by Wim Vernaeve

Active
NAPTON

Director · 0864.879.219

Represented by Frederik VANDER ELST

Active
Tofino

Director · 0700.247.750

Represented by Tim BAEKELANDT

Active

Ended mandates

Tofino

Director · since 01 juin 2020 · 0700.247.750

Represented by Baekelandt TIM

Ended
Tofino

Director · since 01 juin 2020 · 0700.247.750

Represented by BAEKELANDT TIM

Ended
Tofino

Director · since 01 juin 2020 · 0700.247.750

Represented by Tim Baekelandt

Ended
NAPTON

Director · since 21 décembre 2017 · 0864.879.219

Represented by Frederik Vander Elst

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates16/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring25/07/2019
    ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring25/03/2019
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates05/03/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other20/12/2017
    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 2025119,4 k €
  2. 2024
    Annual accounts 2024241,8 k €
  3. 2023
    Annual accounts 2023421,9 k €
  4. 2022
    Annual accounts 2022464,7 k €
  5. 2021
    Annual accounts 2021330,0 k €
  6. 2020
    Annual accounts 2020846,4 k €
  7. 2019
    Annual accounts 20192,0 M €
  8. 2018
    Annual accounts 2018701,6 k €
  9. 18/12/2017
    IncorporationPrivate limited company