ACTIVE

VGL-Elektro

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Financial year 2025 · closed on 31/12/2025

Net result

55,2 k €

+68.4% YoY

Gross margin

255,9 k €

-16.2% YoY

Equity

547,1 k €

-3.3% YoY

Workforce

2,0 ETP

-20.0% YoY

What does VGL-Elektro do?

VGL-Elektro is a Private limited company incorporated in 2004. Its main activity is: Electrical installation. Its registered office is in Zonhoven. It employs on average 2,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0862.576.854

Incorporation

09/01/2004

Legal form

Private limited company

Registered office

Oudestraat 4 box A
3520 Zonhoven · FlandreSee on map

Contributed capital

44 000,00 €

Latest accounts

31/12/2025

Average workforce

2,0 ETP

Activities (NACE)

43211Electrical installation· main 43211Electrical installation 74142Specialised design activities 70200Management consultancy activities 70220Business and other management consultancy activities

Joint committees (1)

14901

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 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	255,9 k €	-16.2%	305,5 k €	-33.4%	458,9 k €	+57.1%	292 k €	+53.1%	190,7 k €	-13.1%	219,4 k €	-17.1%	264,8 k €	-0.8%	266,8 k €	+53.9%	173,3 k €	+126%	76,8 k €	+21.9%	63 k €	+4.6%	60,2 k €	-27.4%	83 k €	+49.8%	55,4 k €	+883%	-7,1 k €	-163%	11,2 k €	-86.4%	82,5 k €	-31.7%	120,7 k €	-39.3%	199 k €	+1.0%	196,9 k €
EBITDA	133,3 k €	-9.5%	147,2 k €	-46.6%	275,6 k €	+115%	128,3 k €	+199%	43 k €	+478%	7,4 k €	-78.4%	34,4 k €	-43.2%	60,6 k €	+24.7%	48,6 k €	+744%	5,8 k €	-79.8%	28,5 k €	+26.5%	22,6 k €	-71.9%	80,3 k €	+49.2%	53,8 k €	+701%	-8,9 k €	-190%	10 k €	-87.6%	80,5 k €	-31.5%	117,5 k €	-40.6%	197,8 k €	+0.7%	196,5 k €
Operating result	84,8 k €	+47.7%	57,4 k €	-78.6%	267,8 k €	+132%	115,4 k €	+284%	30,1 k €	+335%	-12,8 k €	-232%	9,7 k €	+210%	-8,9 k €	-131%	28,8 k €	+487%	-7,4 k €	-149%	15,2 k €	+35.4%	11,2 k €	-84.0%	69,8 k €	+231%	-53,3 k €	-346%	-11,9 k €	-271%	7 k €	-91.3%	80,5 k €	-31.5%	117,5 k €	-40.6%	197,8 k €	+0.7%	196,5 k €
Net result	55,2 k €	+68.4%	32,8 k €	-86.8%	248,1 k €	+132%	106,9 k €	+276%	28,4 k €	+757%	-4,3 k €	-129%	15,1 k €	+3185%	-489,7 €	-101%	33,5 k €	+7157%	461,6 €	-97.7%	20 k €	-10.7%	22,4 k €	+104%	-598,3 k €	-1320%	-42,1 k €	-634%	-5,7 k €	-305%	-1,4 k €	-102%	63,3 k €	-55.4%	141,8 k €	+15.0%	123,3 k €	+4.2%	118,3 k €
Balance sheet
Equity	547,1 k €	-3.3%	565,9 k €	+6.2%	533,1 k €	+87.1%	285 k €	+60.0%	178,1 k €	+19.0%	149,6 k €	-2.8%	154 k €	+10.9%	138,9 k €	-0.4%	139,4 k €	+31.6%	105,9 k €	+0.4%	105,4 k €	+23.4%	85,4 k €	+35.5%	63 k €	-90.5%	661,3 k €	-6.0%	703,4 k €	-0.8%	709,2 k €	-0.2%	710,6 k €	+9.8%	647,3 k €	+28.1%	505,4 k €	+32.3%	382,1 k €
Total assets	1,2 M €	-10.7%	1,3 M €	+45.5%	921,2 k €	+53.2%	601,4 k €	+31.2%	458,5 k €	-3.8%	476,5 k €	-23.4%	621,9 k €	+40.5%	442,7 k €	+30.7%	338,8 k €	+72.8%	196,1 k €	+17.9%	166,3 k €	+21.5%	136,9 k €	+37.2%	99,7 k €	-87.4%	792,4 k €	-1.6%	805,1 k €	+11.7%	720,8 k €	-0.0%	720,9 k €	-4.1%	752 k €	-38.9%	1,2 M €	+0.5%	1,2 M €
Cash	24,8 k €	-34.4%	37,8 k €	-91.8%	459,9 k €	+134%	196,8 k €	+68.9%	116,5 k €	+203%	38,5 k €	-60.9%	98,3 k €	+305%	24,3 k €	+78.1%	13,6 k €	-13.6%	15,8 k €	-29.4%	22,4 k €	-62.7%	60 k €	+3.3%	58,1 k €	+1664%	3,3 k €	-14.8%	3,9 k €	-20.1%	4,8 k €	-78.6%	22,6 k €	-49.7%	45 k €	+638%	6,1 k €	-56.3%	14 k €
Debts	649,4 k €	-16.1%	774,4 k €	+99.5%	388,1 k €	+22.7%	316,3 k €	+12.8%	280,4 k €	-14.2%	326,8 k €	-30.2%	467,9 k €	+54.0%	303,8 k €	+52.4%	199,3 k €	+121%	90,2 k €	+48.1%	60,9 k €	+18.6%	51,4 k €	+40.4%	36,6 k €	+35.7%	26,9 k €	-73.5%	101,7 k €	+776%	11,6 k €	+13.3%	10,2 k €	-90.2%	104,6 k €	-85.6%	724,6 k €	-13.7%	839,5 k €
Other
Workforce	2,0 ETP	-20.0%	2,5 ETP	-16.7%	3,0 ETP	0.0%	3,0 ETP	-14.3%	3,5 ETP	-12.5%	4,0 ETP	-14.9%	4,7 ETP	+11.9%	4,2 ETP	+50.0%	2,8 ETP	+100%	1,4 ETP	+40.0%	1,0 ETP	0.0%	1,0 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 · 4 active · 4 ended

Active mandates

Liesje VAN GENECHTEN

Director

Active

MATHIAS VAN GENECHTEN

Director

Active

Nadine LAMBRECHTS

Director

Active

Werner VAN GENECHTEN

Director

Active

Ended mandates

WERNER VAN GENECHTEN

Director · since 09 juillet 2013

Ended

WERNER VAN GENECHTEN

Manager · since 09 juillet 2013

Ended

NADINE LAMBRECHTS

Manager

Ended

PETER KLOEN

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	18/06/2026	25/06/2025	25/06/2024	30/06/2023	27/06/2022	22/06/2021
General meeting	04/05/2026	23/04/2025	03/05/2024	14/06/2023	08/06/2022	09/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	04/05/2026	18/06/2026	Dutch	PDF
Abridged model	31/12/2024	23/04/2025	25/06/2025	Dutch	PDF
Abridged model	31/12/2023	03/05/2024	25/06/2024	Dutch	PDF
Abridged model	31/12/2022	14/06/2023	30/06/2023	Dutch	PDF
Abridged model	31/12/2021	08/06/2022	27/06/2022	Dutch	PDF
Abridged model	31/12/2020	09/06/2021	22/06/2021	Dutch	PDF
Abridged model	31/12/2019	10/06/2020	23/06/2020	Dutch	PDF
Abridged model	31/12/2018	12/06/2019	24/06/2019	Dutch	PDF
Abridged model	31/12/2017	13/06/2018	29/06/2018	Dutch	PDF
Abridged model	31/12/2016	14/06/2017	28/06/2017	Dutch	PDF
Abridged model	31/12/2015	08/06/2016	16/06/2016	Dutch	PDF
Abridged model	31/12/2014	10/06/2015	30/06/2015	Dutch	PDF
Abridged model	31/12/2013	11/06/2014	01/07/2014	Dutch	PDF
Abridged model	31/12/2012	12/06/2013	29/07/2013	Dutch	PDF
Abridged model	31/12/2011	13/06/2012	26/06/2012	Dutch	PDF
Abridged model	31/12/2010	08/06/2011	25/06/2011	Dutch	PDF
Abridged model	31/12/2009	09/06/2010	29/06/2010	Dutch	PDF
Abridged model	31/12/2008	10/06/2009	25/06/2009	Dutch	PDF
Abridged model	31/12/2007	11/06/2008	24/06/2008	Dutch	PDF
Abridged model	31/12/2006	13/06/2007	06/08/2007	Dutch	PDF

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 · 4 active · 4 ended

Active mandates

Liesje VAN GENECHTEN

Director

Active

MATHIAS VAN GENECHTEN

Director

Active

Nadine LAMBRECHTS

Director

Active

Werner VAN GENECHTEN

Director

Active

Ended mandates

WERNER VAN GENECHTEN

Director · since 09 juillet 2013

Ended

WERNER VAN GENECHTEN

Manager · since 09 juillet 2013

Ended

NADINE LAMBRECHTS

Manager

Ended

PETER KLOEN

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates09/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/06/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/07/2013
BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office15/07/2013
MAATSCHAPPELIJKE ZETEL
PDF
Mandates19/06/2008
ONTSLAGEN - BENOEMINGEN
PDF
Other16/01/2004
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 202555,2 k €↑
2024
Annual accounts 202432,8 k €↓
2023
Annual accounts 2023248,1 k €↑
2022
Annual accounts 2022106,9 k €↑
2021
Annual accounts 202128,4 k €↑
2020
Annual accounts 2020-4,3 k €↓
2019
Annual accounts 201915,1 k €↑
2018
Annual accounts 2018-489,7 €↓
2017
Annual accounts 201733,5 k €↑
2016
Annual accounts 2016461,6 €↓
2015
Annual accounts 201520 k €↓
2014
Annual accounts 201422,4 k €↑
2013
Annual accounts 2013-598,3 k €↓
2012
Annual accounts 2012-42,1 k €↓
2012
Name changeVGL-Elektro
2011
Annual accounts 2011-5,7 k €↓
2010
Annual accounts 2010-1,4 k €↓
2009
Annual accounts 200963,3 k €↓
2008
Annual accounts 2008141,8 k €↑
2007
Annual accounts 2007123,3 k €↑
2006
Annual accounts 2006118,3 k €
2006
Name changePKNL
09/01/2004
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

VGL-Elektro

Overview

What does VGL-Elektro do?

Trend over 20 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