ACTIVE

General Integrations and Electrical Contracting

Financial year 2025 · closed on 31/12/2025
Net result
1,2 M €
-4.2% YoY
Revenue
20,7 M €
+17.1% YoY
Equity
2,2 M €
-0.0% YoY
Workforce
80,1 ETP
+3.5% YoY

What does General Integrations and Electrical Contracting do?

General Integrations and Electrical Contracting is a Public limited company incorporated in 2003. Its main activity is: Electrical installation. Its registered office is in Lokeren. It employs on average 80,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0859.772.366
Incorporation
25/07/2003
Legal form
Public limited company
Registered office
Mosten 8
9160 Lokeren · FlandreSee on map
Contributed capital
100 000,00 €
Latest accounts
31/12/2025
Average workforce
80,1 ETP
Joint committees (3)
  • 14901
  • 20000
  • 218
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120192018201720162015201420132012201120102009200820072006
Income statement
Revenue20,7 M €17,7 M €18,1 M €5 M €3,4 M €
EBITDA2,3 M €2,2 M €2,1 M €2,3 M €1,9 M €959,6 k €889,5 k €966,7 k €687,8 k €888,5 k €940,2 k €969,2 k €347,8 k €528,1 k €355,5 k €553,7 k €557,3 k €953,8 k €353,5 k €
Operating result1,7 M €1,8 M €1,7 M €2 M €1,7 M €762,9 k €677,7 k €792,3 k €547 k €766,4 k €792,9 k €829,2 k €196,4 k €349,5 k €142,8 k €392,4 k €369,1 k €794,6 k €269,3 k €
Net result1,2 M €1,3 M €1,3 M €1,4 M €1,2 M €498,6 k €478,2 k €473,2 k €333,5 k €486,1 k €409,9 k €608,3 k €104,6 k €187,5 k €87,2 k €227,6 k €199,2 k €483,9 k €160,8 k €
Balance sheet
Equity2,2 M €2,2 M €2 M €1,9 M €1,4 M €1,9 M €1,5 M €1,1 M €1,4 M €1,3 M €1,5 M €1,3 M €976,7 k €968,5 k €931 k €993,8 k €916,2 k €867 k €370 k €
Total assets8,8 M €9,3 M €8,1 M €7,7 M €7,6 M €4,5 M €3,5 M €3,9 M €4 M €3,3 M €3,7 M €3,9 M €3 M €3,1 M €2,9 M €2,7 M €3,3 M €3 M €1,7 M €
Cash1,7 M €1,1 M €1 M €2,9 M €2,3 M €335,6 k €77,9 k €554 k €860,3 k €31,2 k €592,5 k €177,9 k €196,7 k €48,4 k €306,2 k €823,8 k €428,7 k €81,1 k €5,1 k €
Debts6,6 M €7,1 M €6,1 M €5,8 M €6,1 M €2,2 M €2,1 M €2,8 M €2,5 M €2 M €2,2 M €2,5 M €2 M €2,1 M €2 M €1,5 M €2,4 M €2,1 M €1,2 M €
Other
Workforce80,1 ETP77,4 ETP81,4 ETP72,6 ETP50,6 ETP48,8 ETP46,6 ETP44,4 ETP38,6 ETP35,4 ETP36,4 ETP35,4 ETP33,8 ETP31,2 ETP33,0 ETP30,7 ETP30,1 ETP27,0 ETP22,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 25 ended

Active mandates

ACTIMO CONSULTING

Director · since 16 décembre 2025 · until 24 juin 2031 · 0866.746.369

Represented by Christophe Catteau

Active
FALCON FUND MANAGEMENT

Director · since 16 décembre 2025 · until 24 juin 2031 · 0653.840.871

Represented by Thomas De Duytsche

Active
LEOCIEL

Managing director · since 16 décembre 2025 · until 24 juin 2031 · 0506.632.879

Represented by Frederick Flamand

Active

Ended mandates

ACTIMO CONSULTING

Director · since 16 décembre 2019 · until 16 décembre 2025 · 0866.746.369

Represented by Christophe CATTEAU

Ended
ACTIMO CONSULTING

Director · since 16 décembre 2019 · until 16 décembre 2025 · 0866.746.369

Represented by Christophe CATTEAU

Ended
K-FINTECH

Director · since 16 décembre 2019 · until 16 décembre 2025 · 0866.287.994

Represented by Koen PERDU

Ended
K-FINTECH

Director · since 16 décembre 2019 · until 16 décembre 2025 · 0866.287.994

Represented by Koen PERDU

Ended
At this address

Other companies at this address

CompanyCBE no.
GESSActive
0786.357.422
GIECINVESTActive
0506.971.686
VL INVESTActive
0786.832.821
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelAbridged modelAbridged modelAbridged 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 date30/06/202601/07/202504/07/202412/07/202308/07/202202/07/2021
General meeting29/06/202624/06/202525/06/202427/06/202319/05/202229/06/2021
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

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202529/06/202630/06/2026DutchPDF
Full model31/12/202424/06/202501/07/2025DutchPDF
Full model31/12/202325/06/202404/07/2024DutchPDF
Abridged model31/12/202227/06/202312/07/2023DutchPDF
Abridged model31/12/202119/05/202208/07/2022DutchPDF
Abridged model31/12/202029/06/202102/07/2021DutchPDF
Abridged model31/12/201918/05/202028/08/2020DutchPDF
Abridged model31/12/201820/05/201914/06/2019DutchPDF
Abridged model31/12/201721/05/201810/08/2018DutchPDF
Abridged model31/12/201615/05/201712/08/2017DutchPDF
Abridged model31/12/201523/07/201618/08/2016DutchPDF
Abridged model31/12/201419/05/201516/07/2015DutchPDF
Abridged model31/12/201319/03/201420/03/2014DutchPDF
Abridged model31/12/201221/05/201329/08/2013DutchPDF
Abridged model31/12/201121/05/201216/06/2012DutchPDF
Abridged model31/12/201018/04/201101/07/2011DutchPDF
Abridged modelCorrection31/12/200917/05/201024/06/2010DutchPDF
Abridged model31/12/200917/05/201018/06/2010DutchPDF
Abridged model31/12/200818/05/200916/06/2009DutchPDF
Abridged model31/12/200719/05/200810/07/2008DutchPDF
Abridged model31/12/200621/05/200706/09/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 3 active · 25 ended

Active mandates

ACTIMO CONSULTING

Director · since 16 décembre 2025 · until 24 juin 2031 · 0866.746.369

Represented by Christophe Catteau

Active
FALCON FUND MANAGEMENT

Director · since 16 décembre 2025 · until 24 juin 2031 · 0653.840.871

Represented by Thomas De Duytsche

Active
LEOCIEL

Managing director · since 16 décembre 2025 · until 24 juin 2031 · 0506.632.879

Represented by Frederick Flamand

Active

Ended mandates

ACTIMO CONSULTING

Director · since 16 décembre 2019 · until 16 décembre 2025 · 0866.746.369

Represented by Christophe CATTEAU

Ended
ACTIMO CONSULTING

Director · since 16 décembre 2019 · until 16 décembre 2025 · 0866.746.369

Represented by Christophe CATTEAU

Ended
K-FINTECH

Director · since 16 décembre 2019 · until 16 décembre 2025 · 0866.287.994

Represented by Koen PERDU

Ended
K-FINTECH

Director · since 16 décembre 2019 · until 16 décembre 2025 · 0866.287.994

Represented by Koen PERDU

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates18/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/11/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other27/10/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL - ALGEMENE VERGADERING
    PDF
  • Mandates23/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/01/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/08/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/07/2017
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares12/01/2016
    KAPITAAL - AANDELEN
    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 20251,2 M €
  2. 2024
    Annual accounts 20241,3 M €
  3. 2024
    Name changeGieco
  4. 2023
    Annual accounts 20231,3 M €
  5. 2022
    Annual accounts 20221,4 M €
  6. 2021
    Annual accounts 20211,2 M €
  7. 2019
    Annual accounts 2019498,6 k €
  8. 2018
    Annual accounts 2018478,2 k €
  9. 2017
    Annual accounts 2017473,2 k €
  10. 2016
    Annual accounts 2016333,5 k €
  11. 2015
    Annual accounts 2015486,1 k €
  12. 2014
    Annual accounts 2014409,9 k €
  13. 2013
    Annual accounts 2013608,3 k €
  14. 2012
    Annual accounts 2012104,6 k €
  15. 2011
    Annual accounts 2011187,5 k €
  16. 2010
    Annual accounts 201087,2 k €
  17. 2009
    Annual accounts 2009227,6 k €
  18. 2008
    Annual accounts 2008199,2 k €
  19. 2007
    Annual accounts 2007483,9 k €
  20. 2006
    Annual accounts 2006160,8 k €
  21. 2006
    Name changeGeneral Integrations and Electrical Contracting
  22. 25/07/2003
    IncorporationPublic limited company