ACTIVE

HAYELEC

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Financial year 2025 · closed on 30/09/2025
Net result
43,2 k €
-4.8% YoY
Gross margin
93,3 k €
+1.7% YoY
Equity
189,6 k €
+29.5% YoY

What does HAYELEC do?

HAYELEC is a Private limited company incorporated in 2012. Its main activity is: Electrical installation. Its registered office is in Gingelom.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0847.943.712
Incorporation
06/08/2012
Legal form
Private limited company
Registered office
Houtstraat 29
3890 Gingelom · FlandreSee on map
Contributed capital
6 500,00 €
Latest accounts
30/09/2025
Activities (NACE)
43211Electrical installation· main43211Electrical installation43222Plumbing, heat and air-conditioning installation43222Plumbing, heat and air-conditioning installation43310Plastering43310Plastering
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120202019201820172016201520142013
Income statement
Gross margin93,3 k €91,8 k €27,7 k €25,7 k €86,7 k €37 k €33,9 k €63,3 k €46,3 k €66,2 k €75,2 k €46,8 k €25,5 k €
EBITDA92,9 k €90 k €26,3 k €21,4 k €83,9 k €35,1 k €14,4 k €13,3 k €6,9 k €15,9 k €16,1 k €18,4 k €16,4 k €
Operating result69,4 k €65,6 k €6,5 k €3,3 k €67,8 k €30,2 k €10,8 k €8,9 k €187,7 €3,2 k €3,9 k €6,3 k €12,5 k €
Net result43,2 k €45,4 k €2,2 k €1,8 k €47,7 k €18,9 k €6,1 k €5,2 k €-955,9 €770 €465 €3,5 k €8,7 k €
Balance sheet
Equity189,6 k €146,4 k €101 k €98,8 k €97 k €49,3 k €30,4 k €24,3 k €19 k €20 k €19,2 k €18,8 k €15,2 k €
Total assets312,1 k €211,1 k €284,2 k €278,3 k €258,8 k €176,8 k €138,1 k €139,7 k €104,3 k €66,5 k €65,9 k €63,7 k €56,8 k €
Cash9,6 k €16,9 k €13,3 k €15,3 k €8,7 k €13,3 k €7,4 k €5,3 k €8,1 k €683 €4 k €110 €3,1 k €
Debts122,4 k €64,7 k €182,5 k €178,8 k €161,1 k €126,8 k €107,8 k €115,5 k €85,3 k €45,7 k €45,6 k €45 k €41,6 k €
Other
Workforce––––––––1,0 ETP1,3 ETP1,8 ETP1,2 ETP0,3 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 30/09/2025 · 2 active · 2 ended

Active mandates

Knar Sevoyan

Mandate

Active
Vartan Vartanian

Mandate

Active

Ended mandates

Knar Sevoyan

Director

Ended
Vartan Vartanian

Director

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/10/202401/09/202301/09/202201/09/202101/09/202001/09/2019
Closing of the financial year30/09/202530/09/202431/08/202331/08/202231/08/202131/08/2020
Length of the financial year12 months13 months12 months12 months12 months12 months
Filing date29/06/202631/05/202530/05/202429/04/202328/04/202229/04/2021
General meeting20/03/202621/03/202519/02/202420/02/202321/02/202215/02/2021
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202520/03/202629/06/2026DutchPDF
Micro model30/09/202421/03/202531/05/2025DutchPDF
Micro model31/08/202319/02/202430/05/2024DutchPDF
Micro model31/08/202220/02/202329/04/2023DutchPDF
Micro model31/08/202121/02/202228/04/2022DutchPDF
Micro model31/08/202015/02/202129/04/2021DutchPDF
Micro model31/08/201917/02/202028/05/2020DutchPDF
Abridged model31/08/201818/02/201930/04/2019DutchPDF
Abridged model31/08/201719/02/201830/04/2018DutchPDF
Abridged model31/08/201620/02/201728/04/2017DutchPDF
Abridged model31/08/201515/02/201628/04/2016DutchPDF
Abridged model31/08/201416/02/201528/04/2015DutchPDF
Abridged model31/08/201317/02/201430/04/2014DutchPDF
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 30/09/2025 · 2 active · 2 ended

Active mandates

Knar Sevoyan

Mandate

Active
Vartan Vartanian

Mandate

Active

Ended mandates

Knar Sevoyan

Director

Ended
Vartan Vartanian

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates05/01/2024
    WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    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 202543,2 k €↓
  2. 2024
    Annual accounts 202445,4 k €↑
  3. 2023
    Annual accounts 20232,2 k €↑
  4. 2022
    Annual accounts 20221,8 k €↓
  5. 2021
    Annual accounts 202147,7 k €↑
  6. 2020
    Annual accounts 202018,9 k €↑
  7. 2019
    Annual accounts 20196,1 k €↑
  8. 2018
    Annual accounts 20185,2 k €↑
  9. 2017
    Annual accounts 2017-955,9 €↓
  10. 2016
    Annual accounts 2016770 €↑
  11. 2015
    Annual accounts 2015465 €↓
  12. 2014
    Annual accounts 20143,5 k €↓
  13. 2013
    Annual accounts 20138,7 k €
  14. 06/08/2012
    IncorporationPrivate limited company