ACTIVE

GRITEC

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Financial year 2025 · closed on 31/12/2025

Net result

46,6 k €

-1.2% YoY

Gross margin

495,2 k €

-16.4% YoY

Equity

162,2 k €

+1.1% YoY

Workforce

10,1 ETP

0.0% YoY

What does GRITEC do?

GRITEC is a Private limited company incorporated in 2010. Its main activity is: Electrical installation. Its registered office is in Charleroi. It employs on average 10,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0831.096.493

Incorporation

16/11/2010

Legal form

Private limited company

Registered office

Rue des Emailleries 4C
6041 Charleroi · WallonieSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

10,1 ETP

Activities (NACE)

43211Electrical installation· main 43211Electrical installation 46180Agents specialised in the sale of other particular products 46180Agents specialised in the sale of other particular products

Joint committees (2)

200
2000

Contacts

2 public details availableLog in to view

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 15 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011
Income statement
Gross margin	495,2 k €	-16.4%	592,2 k €	+5.6%	560,9 k €	+22.3%	458,6 k €	+9.7%	418 k €	+0.4%	416,5 k €	-4.4%	435,5 k €	+28.2%	339,6 k €	-12.6%	388,7 k €	+46.3%	265,7 k €	-17.2%	321 k €	+46.5%	219,2 k €	-52.4%	460,5 k €	-8.9%	505,5 k €	+9.3%	462,5 k €
EBITDA	109 k €	-3.8%	113,3 k €	+21.7%	93,1 k €	+1.7%	91,6 k €	+237%	27,1 k €	-67.0%	82,2 k €	-35.9%	128,2 k €	-17.5%	155,4 k €	+3.2%	150,6 k €	+191%	51,8 k €	-56.3%	118,6 k €	+208%	38,5 k €	-65.1%	110,3 k €	+46.2%	75,5 k €	+45.6%	51,8 k €
Operating result	86,8 k €	-2.6%	89,1 k €	+12.7%	79 k €	-9.0%	86,9 k €	+186%	30,4 k €	-56.2%	69,2 k €	-45.6%	127,3 k €	-18.1%	155,4 k €	+7.4%	144,7 k €	+279%	38,2 k €	-61.5%	99,2 k €	+429%	18,8 k €	-80.3%	95,4 k €	+318%	22,8 k €	-55.9%	51,8 k €
Net result	46,6 k €	-1.2%	47,1 k €	+39.3%	33,8 k €	-26.8%	46,3 k €	+759%	5,4 k €	-83.3%	32,2 k €	-72.4%	116,7 k €	-15.6%	138,3 k €	+6.6%	129,8 k €	+477%	22,5 k €	-63.7%	61,9 k €	+887%	-7,9 k €	+25.2%	-10,5 k €	-773%	1,6 k €	-94.8%	30,2 k €
Balance sheet
Equity	162,2 k €	+1.1%	160,5 k €	-14.2%	187,2 k €	+10.3%	169,7 k €	+23.2%	137,8 k €	-9.2%	151,7 k €	+26.9%	119,5 k €	+6.0%	112,8 k €	+18.6%	95,1 k €	+11.4%	85,4 k €	+35.8%	62,9 k €	+96.9%	31,9 k €	+16.5%	27,4 k €	-27.8%	37,9 k €	+4.3%	36,4 k €
Total assets	587,5 k €	-20.0%	734 k €	+10.6%	663,5 k €	+40.9%	471 k €	-0.5%	473,6 k €	-9.4%	522,7 k €	+0.8%	518,8 k €	+0.6%	515,6 k €	+2.5%	503,1 k €	+14.5%	439,4 k €	-6.4%	469,5 k €	+25.3%	374,8 k €	+39.4%	268,8 k €	+22.4%	219,7 k €	-31.4%	320,2 k €
Cash	149,8 k €	+70.2%	88 k €	+110%	42 k €	-19.1%	51,9 k €	-3.1%	53,6 k €	-13.7%	62 k €	+40.7%	44,1 k €	+8.6%	40,6 k €	+4.7%	38,8 k €	-3.3%	40,1 k €	+42.9%	28 k €	-5.7%	29,8 k €	+37.5%	21,6 k €	+15.0%	18,8 k €	-78.4%	87,2 k €
Debts	425,2 k €	-25.8%	573,2 k €	+20.4%	476,1 k €	+58.0%	301,3 k €	-10.3%	335,8 k €	-9.5%	371 k €	-7.1%	399,3 k €	-0.9%	402,8 k €	-1.3%	408 k €	+15.2%	354,1 k €	-12.9%	406,6 k €	+18.6%	342,7 k €	+47.5%	232,3 k €	+28.2%	181,2 k €	-36.2%	283,8 k €
Other
Workforce	10,1 ETP	0.0%	10,1 ETP	0.0%	10,1 ETP	+17.4%	8,6 ETP	-7.5%	9,3 ETP	-26.8%	12,7 ETP	+98.4%	6,4 ETP	+64.1%	3,9 ETP		–		–		4,6 ETP	+2.2%	4,5 ETP	-34.8%	6,9 ETP	-16.9%	8,3 ETP	-14.4%	9,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Madjid ZADDI

Director · since 08 novembre 2010

Active

Ended mandates

Said Chebout

Manager · since 13 mars 2012 · until 12 avril 2013

Ended

Selim Chaouche

Manager · since 11 mai 2011 · until 13 mars 2013

Ended

Selim Chaouche

Manager

Ended

Zaddi Madjid

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	11/07/2026	28/08/2025	30/08/2024	25/08/2023	31/08/2022	29/09/2021
General meeting	30/06/2026	28/08/2025	28/08/2024	21/08/2023	26/08/2022	28/09/2021
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

15 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	11/07/2026	French	PDF
Abridged model	31/12/2024	28/08/2025	28/08/2025	French	PDF
Abridged model	31/12/2023	28/08/2024	30/08/2024	French	PDF
Abridged model	31/12/2022	21/08/2023	25/08/2023	French	PDF
Abridged model	31/12/2021	26/08/2022	31/08/2022	French	PDF
Abridged model	31/12/2020	28/09/2021	29/09/2021	French	PDF
Abridged model	31/12/2019	30/09/2020	30/10/2020	French	PDF
Abridged model	31/12/2018	07/06/2019	30/08/2019	French	PDF
Micro model	31/12/2017	01/06/2018	29/08/2018	French	PDF
Micro model	31/12/2016	02/06/2017	02/10/2017	French	PDF
Abridged model	31/12/2015	03/06/2016	29/04/2017	French	PDF
Abridged model	31/12/2014	25/09/2015	30/09/2015	French	PDF
Abridged model	31/12/2013	27/06/2014	29/08/2014	French	PDF
Abridged model	31/12/2012	07/06/2013	30/09/2013	French	PDF
Abridged model	31/12/2011	27/04/2012	02/05/2012	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 4 ended

Active mandates

Madjid ZADDI

Director · since 08 novembre 2010

Active

Ended mandates

Said Chebout

Manager · since 13 mars 2012 · until 12 avril 2013

Ended

Selim Chaouche

Manager · since 11 mai 2011 · until 13 mars 2013

Ended

Selim Chaouche

Manager

Ended

Zaddi Madjid

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates07/12/2023
MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Registered office08/04/2014
SIEGE SOCIAL
PDF
Mandates12/09/2013
DEMISSIONS, NOMINATIONS
PDF
Mandates05/07/2013
DEMISSIONS, NOMINATIONS
PDF
Mandates07/06/2013
DEMISSIONS, NOMINATIONS
PDF
Mandates23/08/2012
DEMISSIONS, NOMINATIONS
PDF
Registered office20/06/2012
SIEGE SOCIAL
PDF
Mandates22/06/2011
DEMISSIONS, NOMINATIONS
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 202546,6 k €↓
2024
Annual accounts 202447,1 k €↑
2023
Annual accounts 202333,8 k €↓
2022
Annual accounts 202246,3 k €↑
2021
Annual accounts 20215,4 k €↓
2020
Annual accounts 202032,2 k €↓
2019
Annual accounts 2019116,7 k €↓
2018
Annual accounts 2018138,3 k €↑
2017
Annual accounts 2017129,8 k €↑
2016
Annual accounts 201622,5 k €↓
2015
Annual accounts 201561,9 k €↑
2014
Annual accounts 2014-7,9 k €↑
2013
Annual accounts 2013-10,5 k €↓
2012
Annual accounts 20121,6 k €↓
2011
Annual accounts 201130,2 k €
16/11/2010
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

GRITEC

Overview

What does GRITEC do?

Trend over 15 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