ACTIVE

MICHEMATIC ELECTRO

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Financial year 2025 · closed on 30/06/2025
Net result
2,9 k €
-79.6% YoY
Gross margin
142,9 k €
-19.5% YoY
Equity
251,9 k €
+1.2% YoY

What does MICHEMATIC ELECTRO do?

MICHEMATIC ELECTRO is a Private limited company incorporated in 2009. Its main activity is: Electrical installation. Its registered office is in Aalter.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0821.467.363
Incorporation
15/12/2009
Legal form
Private limited company
Registered office
Houtem 19
9880 Aalter · FlandreSee on map
Contributed capital
45 000,00 €
Latest accounts
30/06/2025
Activities (NACE)
43211Electrical installation· main43211Electrical installation
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 14 financial years

20252024202320222020201920182017201620152014201320122011
Income statement
Gross margin142,9 k €177,5 k €151 k €100,9 k €96,9 k €112,7 k €108,7 k €97,8 k €102,8 k €125,7 k €113,7 k €128,1 k €142,9 k €210,8 k €
EBITDA66,5 k €103,5 k €76,8 k €31,2 k €32,5 k €44,3 k €44,6 k €34,1 k €41,3 k €62,2 k €45 k €58 k €71,7 k €29,4 k €
Operating result18,7 k €32,6 k €34,7 k €18,7 k €19 k €30,4 k €16,7 k €6,2 k €10,1 k €25,3 k €20,9 k €44,8 k €62,7 k €27 k €
Net result2,9 k €14,3 k €19,5 k €7,8 k €7,3 k €15,7 k €5 k €925,4 €4,7 k €11,3 k €13,6 k €41,2 k €46,2 k €21,4 k €
Balance sheet
Equity251,9 k €248,9 k €234,6 k €215,1 k €201,2 k €193,9 k €178,2 k €173,2 k €172,2 k €167,6 k €156,3 k €138,8 k €112,6 k €66,4 k €
Total assets566,7 k €599,1 k €758,8 k €562,4 k €621,9 k €657,7 k €472,4 k €480 k €538,4 k €350,1 k €312,5 k €292,6 k €287,4 k €162,2 k €
Cash0 €17,9 k €82,5 k €51,7 k €18,7 k €21,9 k €42,4 k €5,4 k €86,2 k €89,1 k €99,2 k €28,9 k €73,6 k €31,4 k €
Debts260,9 k €296,3 k €470,3 k €293,3 k €366,8 k €409,9 k €240,3 k €252,9 k €312,2 k €128,6 k €100,3 k €94,8 k €86,5 k €38,1 k €
Other
Workforce––––––––1,0 ETP1,0 ETP1,1 ETP1,2 ETP1,2 ETP1,5 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 1 ended

Active mandates

Karl MORTIER

Director

Active

Ended mandates

Karl Mortier

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date03/02/202614/01/202515/02/202414/02/202331/01/202225/01/2021
General meeting30/01/202620/12/202415/12/202316/12/202217/12/202118/12/2020
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

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/06/202530/01/202603/02/2026DutchPDF
Micro model30/06/202420/12/202414/01/2025DutchPDF
Micro model30/06/202315/12/202315/02/2024DutchPDF
Micro model30/06/202216/12/202214/02/2023DutchPDF
Micro model30/06/202117/12/202131/01/2022DutchPDF
Micro model30/06/202018/12/202025/01/2021DutchPDF
Micro model30/06/201920/12/201912/02/2020DutchPDF
Micro model30/06/201821/12/201815/01/2019DutchPDF
Micro model30/06/201715/12/201731/01/2018DutchPDF
Abridged model30/06/201616/12/201613/01/2017DutchPDF
Abridged model30/06/201518/12/201528/01/2016DutchPDF
Abridged model30/06/201419/12/201421/01/2015DutchPDF
Abridged model30/06/201320/12/201320/01/2014DutchPDF
Abridged model30/06/201221/12/201218/02/2013DutchPDF
Abridged model30/06/201116/12/201131/01/2012DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 30/06/2025 · 1 active · 1 ended

Active mandates

Karl MORTIER

Director

Active

Ended mandates

Karl Mortier

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates14/07/2023
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office09/03/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other24/12/2009
    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

Timeline

  1. 2025
    Annual accounts 20252,9 k €↓
  2. 2024
    Annual accounts 202414,3 k €↓
  3. 2023
    Annual accounts 202319,5 k €↑
  4. 2022
    Annual accounts 20227,8 k €↑
  5. 2020
    Annual accounts 20207,3 k €↓
  6. 2019
    Annual accounts 201915,7 k €↑
  7. 2018
    Annual accounts 20185 k €↑
  8. 2017
    Annual accounts 2017925,4 €↓
  9. 2016
    Annual accounts 20164,7 k €↓
  10. 2015
    Annual accounts 201511,3 k €↓
  11. 2014
    Annual accounts 201413,6 k €↓
  12. 2013
    Annual accounts 201341,2 k €↓
  13. 2012
    Annual accounts 201246,2 k €↑
  14. 2011
    Annual accounts 201121,4 k €
  15. 15/12/2009
    IncorporationPrivate limited company