ACTIVE

FOELEC

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Financial year 2025 · closed on 30/06/2025

Net result

222,8 k €

+15.4% YoY

Gross margin

496,7 k €

+26.3% YoY

Equity

1,2 M €

+21.5% YoY

Workforce

1,3 ETP

+30.0% YoY

What does FOELEC do?

FOELEC is a Private limited company incorporated in 2010. Its main activity is: Electrical installation. Its registered office is in Oostrozebeke. It employs on average 1,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0829.008.718

Incorporation

06/09/2010

Legal form

Private limited company

Registered office

Kruisstraat 6B
8780 Oostrozebeke · FlandreSee on map

Contributed capital

20 000,00 €

Latest accounts

30/06/2025

Average workforce

1,3 ETP

Activities (NACE)

43211Electrical installation· main 43211Electrical installation

Joint committees (5)

149
14901
200
201
218

Contacts

2 public details availableLog in to view

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

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012
Income statement
Gross margin	496,7 k €	+26.3%	393,4 k €	+28.7%	305,8 k €	+13.7%	268,9 k €	+19.5%	225 k €	+16.6%	193 k €	+8.7%	177,5 k €	+58.8%	111,8 k €	+2.8%	108,7 k €	+59.6%	68,1 k €	+1.3%	67,2 k €	-17.6%	81,6 k €	+15.9%	70,4 k €	-34.1%	106,8 k €
EBITDA	393,5 k €	+18.9%	330,9 k €	+28.9%	256,6 k €	+14.9%	223,3 k €	+17.1%	190,7 k €	+1.4%	188 k €	+8.5%	173,3 k €	+57.9%	109,7 k €	+2.6%	107 k €	+61.7%	66,2 k €	+4.9%	63,1 k €	-18.0%	76,9 k €	+13.5%	67,7 k €	-10.7%	75,8 k €
Operating result	347,1 k €	+19.9%	289,5 k €	+27.7%	226,7 k €	+15.5%	196,4 k €	+28.4%	153 k €	+0.1%	152,9 k €	+11.9%	136,6 k €	+82.5%	74,9 k €	-9.8%	83 k €	+62.9%	51 k €	+28.0%	39,8 k €	-21.0%	50,4 k €	+40.6%	35,8 k €	+169%	13,3 k €
Net result	222,8 k €	+15.4%	193,1 k €	+26.0%	153,3 k €	+6.5%	144 k €	+29.5%	111,2 k €	+4.0%	106,9 k €	+7.5%	99,5 k €	+63.9%	60,7 k €	-5.1%	63,9 k €	+140%	26,7 k €	+27.6%	20,9 k €	-36.0%	32,7 k €	+50.8%	21,7 k €	+80.0%	12 k €
Balance sheet
Equity	1,2 M €	+21.5%	1 M €	+23.2%	833,5 k €	+22.5%	680,1 k €	+26.9%	536,2 k €	+26.2%	424,9 k €	+33.6%	318 k €	+45.5%	218,5 k €	+22.9%	177,9 k €	+32.8%	133,9 k €	+24.9%	107,2 k €	+24.2%	86,3 k €	+60.8%	53,7 k €	+67.6%	32 k €
Total assets	1,6 M €	+16.6%	1,4 M €	+21.5%	1,2 M €	+12.4%	1 M €	+8.2%	952,1 k €	+11.7%	852,5 k €	+22.7%	694,6 k €	+15.7%	600,2 k €	+14.0%	526,3 k €	+2.5%	513,5 k €	+2.4%	501,7 k €	-11.1%	564,4 k €	+7.1%	527,1 k €	+50.8%	349,6 k €
Cash	676,8 k €	+5.2%	643,6 k €	+41.6%	454,4 k €	+212%	145,6 k €	+105%	71,1 k €	+344%	16 k €	+92.7%	8,3 k €	-88.5%	72 k €	+90.5%	37,8 k €	+7.3%	35,2 k €	+61.8%	21,8 k €	-28.3%	30,4 k €	+313%	7,3 k €	+431%	1,4 k €
Debts	179,9 k €	-52.7%	380,1 k €	+17.0%	324,8 k €	-7.0%	349,4 k €	-16.0%	415,9 k €	-2.0%	424,3 k €	+12.7%	376,4 k €	-1.1%	380,8 k €	+9.3%	348,4 k €	-8.2%	379,4 k €	-3.8%	394,4 k €	-17.5%	478 k €	+1.0%	473,4 k €	+49.1%	317,6 k €
Other
Workforce	1,3 ETP	+30.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP		–		–		–		–		–		0,2 ETP	0.0%	0,2 ETP	0.0%	0,2 ETP	-33.3%	0,3 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 30/06/2025 · 1 active · 4 ended

Active mandates

KOEN DE FOER

Statutair zaakvoerder · since 02 septembre 2010

Active

Ended mandates

KOEN DE FOER

Director · since 02 septembre 2010

Ended

Koen De Foer

Manager

Ended

Venonique De Clerck

Associate

Ended

Veronique De Clerck

Associate

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Micro model	Micro model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	24/12/2025	13/12/2024	29/11/2023	30/11/2022	01/12/2021	17/12/2020
General meeting	12/12/2025	30/11/2024	25/11/2023	26/11/2022	27/11/2021	28/11/2020
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

14 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	12/12/2025	24/12/2025	Dutch	PDF
Abridged model	30/06/2024	30/11/2024	13/12/2024	Dutch	PDF
Abridged model	30/06/2023	25/11/2023	29/11/2023	Dutch	PDF
Abridged model	30/06/2022	26/11/2022	30/11/2022	Dutch	PDF
Micro model	30/06/2021	27/11/2021	01/12/2021	Dutch	PDF
Micro model	30/06/2020	28/11/2020	17/12/2020	Dutch	PDF
Micro model	30/06/2019	30/11/2019	17/12/2019	Dutch	PDF
Micro model	30/06/2018	24/11/2018	03/01/2019	Dutch	PDF
Micro model	30/06/2017	25/11/2017	11/12/2017	Dutch	PDF
Abridged model	30/06/2016	26/11/2016	23/12/2016	Dutch	PDF
Abridged model	30/06/2015	28/11/2015	15/01/2016	Dutch	PDF
Abridged model	30/06/2014	29/11/2014	14/01/2015	Dutch	PDF
Abridged model	30/06/2013	30/11/2013	14/02/2014	Dutch	PDF
Abridged model	30/06/2012	24/11/2012	13/02/2013	Dutch	PDF

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 30/06/2025 · 1 active · 4 ended

Active mandates

KOEN DE FOER

Statutair zaakvoerder · since 02 septembre 2010

Active

Ended mandates

KOEN DE FOER

Director · since 02 septembre 2010

Ended

Koen De Foer

Manager

Ended

Venonique De Clerck

Associate

Ended

Veronique De Clerck

Associate

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates19/10/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Registered office15/10/2013
MAATSCHAPPELIJKE ZETEL
PDF
Other11/10/2011
DIVERSEN
PDF
Other08/09/2010
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 2025222,8 k €↑
2024
Annual accounts 2024193,1 k €↑
2023
Annual accounts 2023153,3 k €↑
2022
Annual accounts 2022144 k €↑
2021
Annual accounts 2021111,2 k €↑
2020
Annual accounts 2020106,9 k €↑
2019
Annual accounts 201999,5 k €↑
2018
Annual accounts 201860,7 k €↓
2017
Annual accounts 201763,9 k €↑
2016
Annual accounts 201626,7 k €↑
2015
Annual accounts 201520,9 k €↓
2014
Annual accounts 201432,7 k €↑
2013
Annual accounts 201321,7 k €↑
2012
Annual accounts 201212 k €
06/09/2010
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

FOELEC

Overview

What does FOELEC do?

Trend over 14 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