ACTIVE

Belcotec Technics

Financial year 2025 · closed on 31/12/2025
Net result
634,1 k €
+508.0% YoY
Revenue
9,1 M €
+82.8% YoY
Equity
778 k €
+440.7% YoY
Workforce
12,7 ETP
+7.6% YoY

What does Belcotec Technics do?

Belcotec Technics is a Private limited company incorporated in 2020. Its main activity is: Construction of utility projects for electricity and telecommunications. Its registered office is in Geel. It employs on average 12,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0759.431.707
Incorporation
03/12/2020
Legal form
Private limited company
Registered office
Kleinhoefstraat 8
2440 Geel · FlandreSee on map
Contributed capital
25 000,00 €
Latest accounts
31/12/2025
Average workforce
12,7 ETP
Joint committees (2)
  • 12400
  • 20000
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Revenue9,1 M €5 M €4,3 M €
EBITDA927,9 k €211,3 k €50,8 k €10 k €59,3 k €
Operating result873,2 k €163,8 k €16 k €-10,7 k €48,3 k €
Net result634,1 k €104,3 k €1 k €-17,2 k €30,7 k €
Balance sheet
Equity778 k €143,9 k €39,6 k €38,6 k €55,7 k €
Total assets3,9 M €2,2 M €2 M €1,1 M €472,4 k €
Cash60,2 k €510 k €314,9 k €128 k €162,3 k €
Debts3,2 M €2 M €1,9 M €1,1 M €416,6 k €
Other
Workforce12,7 ETP11,8 ETP11,2 ETP8,1 ETP5,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 5 ended

Active mandates

Martinus Megens

Director · since 15 novembre 2022 · until 16 mars 2026

Active
Oliver Nehring

Director · since 15 novembre 2022 · until 08 mai 2028

Active
WATERWEG

Managing director · until 13 février 2025 · 0558.892.125

Represented by Vangeel Jan

Active

Ended mandates

Oliver NEHRING

Director · since 22 mars 2023 · until 08 mai 2028

Ended
Martinus MEGENS

Director · since 15 novembre 2022 · until 08 mai 2028

Ended
WATERWEG

Director · since 15 novembre 2022 · until 08 mai 2028 · 0558.892.125

Represented by Jan VANGEEL

Ended
WATERWEG

Director · since 15 novembre 2022 · until 08 mai 2028 · 0558.892.125

Represented by Jan VANGEEL

Ended
At this address

Other companies at this address

CompanyCBE no.
BELCOTECActive
0446.781.010
Annual accounts

Full financial information

20252024202320222021
Type of accountFull modelFull modelFull modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/10/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months15 months
Filing date17/07/202613/07/202501/07/202418/07/202326/07/2022
General meeting30/06/202630/06/202526/06/202408/05/202320/06/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/06/202617/07/2026DutchPDF
Full model31/12/202430/06/202513/07/2025DutchPDF
Full model31/12/202326/06/202401/07/2024DutchPDF
Abridged model31/12/202208/05/202318/07/2023DutchPDF
Abridged model31/12/202120/06/202226/07/2022DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 5 ended

Active mandates

Martinus Megens

Director · since 15 novembre 2022 · until 16 mars 2026

Active
Oliver Nehring

Director · since 15 novembre 2022 · until 08 mai 2028

Active
WATERWEG

Managing director · until 13 février 2025 · 0558.892.125

Represented by Vangeel Jan

Active

Ended mandates

Oliver NEHRING

Director · since 22 mars 2023 · until 08 mai 2028

Ended
Martinus MEGENS

Director · since 15 novembre 2022 · until 08 mai 2028

Ended
WATERWEG

Director · since 15 novembre 2022 · until 08 mai 2028 · 0558.892.125

Represented by Jan VANGEEL

Ended
WATERWEG

Director · since 15 novembre 2022 · until 08 mai 2028 · 0558.892.125

Represented by Jan VANGEEL

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates06/03/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/11/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other07/12/2020
    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 2025634,1 k €
  2. 2024
    Annual accounts 2024104,3 k €
  3. 2023
    Annual accounts 20231 k €
  4. 2022
    Annual accounts 2022-17,2 k €
  5. 2021
    Annual accounts 202130,7 k €
  6. 03/12/2020
    IncorporationPrivate limited company