ACTIVE

NG ELEKTRO

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Financial year 2025 · closed on 31/12/2025

Net result

305,7 k €

+35.6% YoY

Gross margin

1,8 M €

+56.1% YoY

Equity

875,6 k €

+6.3% YoY

Workforce

13,0 ETP

-0.8% YoY

What does NG ELEKTRO do?

NG ELEKTRO is a Private limited company incorporated in 2009. Its main activity is: Electrical installation. Its registered office is in Zemst. It employs on average 13,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0820.755.008

Incorporation

05/11/2009

Legal form

Private limited company

Registered office

Brusselsesteenweg 111
1980 Zemst · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

13,0 ETP

Activities (NACE)

43211Electrical installation· main 43211Electrical installation

Joint committees (3)

14901
200
218

Signals

ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Gross margin	1,8 M €	+56.1%	1,2 M €	+31.4%	881,5 k €	+16.5%	756,8 k €	-22.6%	978,3 k €	+25.4%	780,2 k €	-13.2%	898,5 k €	+27.5%	704,9 k €	+13.0%	624 k €	-4.8%	655,7 k €	+71.0%	383,3 k €	+11.0%	345,3 k €	+52.4%	226,5 k €	+179%	81,2 k €	+27.8%	63,6 k €	-2.7%	65,4 k €
EBITDA	1 M €	+155%	394,9 k €	+309%	96,5 k €	+250%	27,6 k €	-90.3%	284,9 k €	+35.3%	210,5 k €	-25.5%	282,5 k €	+71.0%	165,2 k €	+53.8%	107,4 k €	-19.1%	132,8 k €	+114%	62 k €	+9.6%	56,5 k €	-3.2%	58,4 k €	+51.5%	38,6 k €	-9.1%	42,4 k €	-23.0%	55,1 k €
Operating result	500,9 k €	+54.3%	324,6 k €	+780%	36,9 k €	+285%	-19,9 k €	-107%	277,9 k €	+41.5%	196,4 k €	-26.1%	265,9 k €	+101%	132,6 k €	+206%	43,4 k €	-52.2%	90,7 k €	+248%	26,1 k €	+1.4%	25,7 k €	-36.4%	40,4 k €	+74.9%	23,1 k €	+191%	7,9 k €	-71.4%	27,8 k €
Net result	305,7 k €	+35.6%	225,4 k €	+1818%	11,8 k €	+44.0%	8,2 k €	-96.5%	234,6 k €	+68.1%	139,6 k €	-18.1%	170,4 k €	+75.5%	97,1 k €	+296%	24,5 k €	-46.0%	45,4 k €	+1304%	3,2 k €	-83.7%	19,8 k €	-39.3%	32,6 k €	+183%	11,5 k €	+152%	4,6 k €	-80.7%	23,7 k €
Balance sheet
Equity	875,6 k €	+6.3%	823,5 k €	+20.4%	684,1 k €	+1.6%	673,4 k €	+1.1%	666 k €	+42.5%	467,2 k €	+35.6%	344,7 k €	+81.6%	189,8 k €	+23.6%	153,5 k €	+17.0%	131,2 k €	+45.8%	90 k €	-4.5%	94,2 k €	+23.1%	76,5 k €	+46.5%	52,2 k €	+28.4%	40,7 k €	+12.7%	36,1 k €
Total assets	4,5 M €	+13.1%	4 M €	+23.2%	3,3 M €	+4.2%	3,1 M €	-4.5%	3,3 M €	+5.3%	3,1 M €	+9.8%	2,8 M €	+35.4%	2,1 M €	+64.7%	1,3 M €	+4.9%	1,2 M €	+61.9%	747,2 k €	+49.9%	498,5 k €	+42.6%	349,5 k €	+78.9%	195,4 k €	+35.2%	144,4 k €	+26.9%	113,8 k €
Cash	870,8 k €	-32.3%	1,3 M €	+164%	486,6 k €	+11.4%	436,9 k €	-9.0%	480 k €	-9.1%	528,3 k €	+26.2%	418,6 k €	+90.9%	219,2 k €	-34.3%	333,5 k €	+125%	148,2 k €	+987%	13,6 k €	-83.2%	81 k €	+279%	21,4 k €	+270%	5,8 k €		–		12,9 k €
Debts	3,7 M €	+14.7%	3,2 M €	+24.2%	2,6 M €	+4.8%	2,4 M €	-5.8%	2,6 M €	+0.0%	2,6 M €	+5.0%	2,5 M €	+30.6%	1,9 M €	+70.5%	1,1 M €	+3.1%	1,1 M €	+65.7%	650,2 k €	+62.4%	400,4 k €	+53.8%	260,3 k €	+81.9%	143,1 k €	+38.0%	103,7 k €	+33.9%	77,5 k €
Other
Workforce	13,0 ETP	-0.8%	13,1 ETP	+1.6%	12,9 ETP	-5.1%	13,6 ETP	+0.7%	13,5 ETP	+3.8%	13,0 ETP	+2.4%	12,7 ETP	+5.0%	12,1 ETP	+9.0%	11,1 ETP	+5.7%	10,5 ETP	+14.1%	9,2 ETP	+16.5%	7,9 ETP	+36.2%	5,8 ETP	+241%	1,7 ETP	+70.0%	1,0 ETP	+100%	0,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

GLENN NUYTKENS

Director

Active

Ended mandates

GLENN NUYTKENS

Administrator - manager

Ended

GLENN NUYTKENS

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/07/2026	18/07/2025	14/08/2024	09/10/2023	02/11/2022	01/10/2021
General meeting	27/06/2026	28/06/2025	29/06/2024	24/06/2023	31/01/2022	20/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	27/06/2026	31/07/2026	Dutch	PDF
Abridged model	31/12/2024	28/06/2025	18/07/2025	Dutch	PDF
Abridged model	31/12/2023	29/06/2024	14/08/2024	Dutch	PDF
Abridged model	31/12/2022	24/06/2023	09/10/2023	Dutch	PDF
Abridged modelCorrection	31/12/2021	31/01/2022	02/11/2022	Dutch	PDF
Abridged model	31/12/2021	31/01/2022	01/02/2022	Dutch	PDF
Abridged modelCorrection	31/12/2020	20/05/2021	01/10/2021	Dutch	PDF
Abridged model	31/12/2020	20/05/2021	20/05/2021	Dutch	PDF
Abridged model	31/12/2019	27/06/2020	30/09/2020	Dutch	PDF
Abridged model	31/12/2018	29/06/2019	30/08/2019	Dutch	PDF
Abridged model	31/12/2017	30/04/2018	02/05/2018	Dutch	PDF
Abridged model	31/12/2016	10/05/2017	27/07/2017	Dutch	PDF
Abridged model	31/12/2015	25/06/2016	27/06/2016	Dutch	PDF
Abridged model	31/12/2014	29/04/2015	30/04/2015	Dutch	PDF
Abridged model	31/12/2013	06/05/2014	06/05/2014	Dutch	PDF
Abridged model	31/12/2012	17/05/2013	27/05/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	17/08/2012	Dutch	PDF
Abridged model	31/12/2010	25/06/2011	12/08/2011	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 · 1 active · 2 ended

Active mandates

GLENN NUYTKENS

Director

Active

Ended mandates

GLENN NUYTKENS

Administrator - manager

Ended

GLENN NUYTKENS

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office25/07/2022
MAATSCHAPPELIJKE ZETEL
PDF
Registered office11/03/2011
MAATSCHAPPELIJKE ZETEL
PDF
Other01/12/2009
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

2025
Annual accounts 2025305,7 k €↑
2024
Annual accounts 2024225,4 k €↑
2023
Annual accounts 202311,8 k €↑
2023
Name changeNG ELEKTRO
2022
Annual accounts 20228,2 k €↓
2021
Annual accounts 2021234,6 k €↑
2020
Annual accounts 2020139,6 k €↓
2019
Annual accounts 2019170,4 k €↑
2018
Annual accounts 201897,1 k €↑
2017
Annual accounts 201724,5 k €↓
2016
Annual accounts 201645,4 k €↑
2015
Annual accounts 20153,2 k €↓
2014
Annual accounts 201419,8 k €↓
2013
Annual accounts 201332,6 k €↑
2012
Annual accounts 201211,5 k €↑
2011
Annual accounts 20114,6 k €↓
2010
Annual accounts 201023,7 k €
2010
Name changeNG ELECTRO
05/11/2009
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

NG ELEKTRO

Overview

What does NG ELEKTRO do?

Trend over 16 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline