ACTIVE

ELECTHERM

Financial year 2025 · closed on 31/12/2025
Net result
21,9 k €
+492.2% YoY
Gross margin
37,3 k €
+1241.8% YoY
Equity
14,6 k €
+299.3% YoY

What does ELECTHERM do?

ELECTHERM is a Private limited company incorporated in 2011. Its main activity is: Electrical installation. Its registered office is in Saint-Josse-ten-Noode.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0838.276.176
Incorporation
02/08/2011
Legal form
Private limited company
Registered office
Rue du Moulin 91
1210 Saint-Josse-ten-Noode · BruxellesSee on map
Contributed capital
12 400,00 €
Latest accounts
31/12/2025
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192018201720162015201420132012
Income statement
Gross margin37,3 k €2,8 k €12 k €-2 k €7,4 k €-414,8 €23,7 k €11,3 k €-9,1 k €28,7 k €-23,8 k €-14 k €2,6 k €4,6 k €
EBITDA36,2 k €987,1 €5,4 k €-3 k €7 k €-1,3 k €22 k €-6,6 k €-9,8 k €27,6 k €-23,6 k €-14,7 k €-2,5 k €716,5 €
Operating result34,9 k €-2,3 k €2,9 k €-5,5 k €4,8 k €-3,3 k €19,9 k €-8,7 k €-12 k €27,3 k €-24,5 k €-15,6 k €-4,6 k €-1,1 k €
Net result21,9 k €-5,6 k €177,6 €-7,9 k €3,2 k €-3,7 k €19,3 k €-9,5 k €-12,9 k €24 k €-730,6 €-17,9 k €-5,7 k €-2,5 k €
Balance sheet
Equity14,6 k €-7,3 k €-1,7 k €-1,9 k €6 k €-3,5 k €217,3 €-19,1 k €-9,5 k €3,4 k €-20,6 k €-19,9 k €-2 k €3,7 k €
Total assets85,2 k €47,7 k €41,4 k €28,6 k €34,1 k €45,4 k €42,2 k €35,2 k €49,5 k €31,8 k €3,9 k €5 k €7,4 k €13,1 k €
Cash67,1 k €17,3 k €14,7 k €334,9 €6,8 k €1,8 k €17,5 k €6,4 k €18,6 k €10,1 k €549,1 €1,6 k €2,5 k €4,1 k €
Debts70,6 k €55 k €43,2 k €30,5 k €28,1 k €48,9 k €41,9 k €54,2 k €59,1 k €28,4 k €24,4 k €24,9 k €9,4 k €9,4 k €
Other
Workforce0,2 ETP0,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

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

Active mandates

Selim Moulai

Mandate

Active

Ended mandates

Selim Moulai

Administrator - manager · since 01 juin 2016

Ended
Selim Moulai

Manager · since 01 juin 2016

Ended
Abdelkarim Moulai

Manager · since 10 août 2011 · until 01 juin 2016

Ended
Moulai Abdelkarim

Manager · since 10 août 2011

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date10/06/202629/07/202531/08/202401/09/202326/08/202209/08/2021
General meeting29/05/202630/05/202531/05/202426/05/202327/05/202228/05/2021
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

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202529/05/202610/06/2026FrenchPDF
Micro model31/12/202430/05/202529/07/2025DutchPDF
Micro model31/12/202331/05/202431/08/2024DutchPDF
Micro model31/12/202226/05/202301/09/2023DutchPDF
Micro model31/12/202127/05/202226/08/2022DutchPDF
Micro model31/12/202028/05/202109/08/2021FrenchPDF
Micro model31/12/201929/05/202019/11/2020FrenchPDF
Micro model31/12/201824/05/201904/03/2020FrenchPDF
Micro model31/12/201725/05/201809/08/2018FrenchPDF
Abridged model31/12/201626/05/201702/06/2017FrenchPDF
Abridged model31/12/201527/05/201631/05/2016FrenchPDF
Abridged model31/12/201429/05/201503/08/2015FrenchPDF
Abridged model31/12/201330/05/201407/06/2014FrenchPDF
Abridged model31/12/201231/05/201317/07/2013FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 31/12/2025 · 1 active · 4 ended

Active mandates

Selim Moulai

Mandate

Active

Ended mandates

Selim Moulai

Administrator - manager · since 01 juin 2016

Ended
Selim Moulai

Manager · since 01 juin 2016

Ended
Abdelkarim Moulai

Manager · since 10 août 2011 · until 01 juin 2016

Ended
Moulai Abdelkarim

Manager · since 10 août 2011

Ended
Shareholders

Ownership and network

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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 202521,9 k €
  2. 2024
    Annual accounts 2024-5,6 k €
  3. 2023
    Annual accounts 2023177,6 €
  4. 2022
    Annual accounts 2022-7,9 k €
  5. 2021
    Annual accounts 20213,2 k €
  6. 2020
    Annual accounts 2020-3,7 k €
  7. 2019
    Annual accounts 201919,3 k €
  8. 2018
    Annual accounts 2018-9,5 k €
  9. 2017
    Annual accounts 2017-12,9 k €
  10. 2016
    Annual accounts 201624 k €
  11. 2015
    Annual accounts 2015-730,6 €
  12. 2014
    Annual accounts 2014-17,9 k €
  13. 2013
    Annual accounts 2013-5,7 k €
  14. 2012
    Annual accounts 2012-2,5 k €
  15. 02/08/2011
    IncorporationPrivate limited company