ACTIVE

P.V.S. Electronic Developments

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Financial year 2025 · closed on 31/12/2025

Net result

161,7 k €

+249.1% YoY

Gross margin

277,9 k €

+153.9% YoY

Equity

423,9 k €

+61.1% YoY

What does P.V.S. Electronic Developments do?

P.V.S. Electronic Developments is a Private limited company incorporated in 2004. Its main activity is: Manufacture of other electrical equipment. Its registered office is in Wortegem-Petegem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0866.983.228

Incorporation

30/08/2004

Legal form

Private limited company

Registered office

Clemmenstraat (P.) 2 box 10
9790 Wortegem-Petegem · Flandre

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

27900Manufacture of other electrical equipment· main 27900Manufacture of other electrical equipment 31622Manufacture of furniture

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 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	277,9 k €	+154%	109,4 k €	-9.1%	120,3 k €	+150%	48,1 k €	+62.8%	29,5 k €	-38.8%	48,3 k €	+45.2%	33,2 k €	-51.7%	68,9 k €	+144%	28,2 k €	-58.0%	67,1 k €	+9.5%	61,3 k €	-6.0%	65,3 k €	-9.8%	72,3 k €	-16.4%	86,5 k €	+80.1%	48,1 k €	+2.5%	46,9 k €	+12.3%	41,8 k €	+54.3%	27,1 k €	-55.2%	60,4 k €	+22.7%	49,2 k €
EBITDA	276,1 k €	+157%	107,6 k €	-9.1%	118,4 k €	+153%	46,7 k €	+65.3%	28,3 k €	-39.3%	46,6 k €	+43.9%	32,4 k €	-52.6%	68,3 k €	+341%	15,5 k €	-76.5%	65,9 k €	+9.7%	60,1 k €	-3.0%	62 k €	-13.0%	71,2 k €	-16.6%	85,4 k €	+82.1%	46,9 k €	+2.7%	45,6 k €	+12.5%	40,6 k €	+57.2%	25,8 k €	-51.0%	52,7 k €	+10.3%	47,8 k €
Operating result	239,8 k €	+240%	70,6 k €	-22.3%	90,9 k €	+235%	27,2 k €	+206%	8,9 k €	-58.4%	21,4 k €	+10.1%	19,4 k €	-62.4%	51,6 k €	+382%	-18,3 k €	-173%	24,9 k €	+37.3%	18,1 k €	-13.0%	20,8 k €	-34.1%	31,6 k €	-36.0%	49,4 k €	+117%	22,7 k €	-9.6%	25,1 k €	-1.1%	25,4 k €	+71.6%	14,8 k €	-56.4%	33,9 k €	+42.3%	23,8 k €
Net result	161,7 k €	+249%	46,3 k €	-21.1%	58,7 k €	+222%	18,2 k €	+1130%	1,5 k €	-88.0%	12,4 k €	+12.7%	11 k €	-74.7%	43,5 k €	+355%	-17,1 k €	-201%	16,8 k €	+92.8%	8,7 k €	-35.9%	13,6 k €	-32.8%	20,3 k €	-40.5%	34,1 k €	+139%	14,3 k €	-2.3%	14,6 k €	-6.1%	15,5 k €	+103%	7,6 k €	-66.2%	22,6 k €	+32.5%	17,1 k €
Balance sheet
Equity	423,9 k €	+61.1%	263,1 k €	+20.9%	217,6 k €	+36.2%	159,7 k €	+12.3%	142,3 k €	+0.5%	141,6 k €	+8.9%	130 k €	+8.5%	119,8 k €	-28.3%	167,1 k €	-9.3%	184,1 k €	+10.1%	167,3 k €	+5.5%	158,6 k €	+9.4%	144,9 k €	-6.3%	154,7 k €	+28.3%	120,6 k €	+13.4%	106,3 k €	+15.9%	91,7 k €	+20.4%	76,2 k €	-18.6%	93,6 k €	+27.6%	73,3 k €
Total assets	678,9 k €	+39.8%	485,7 k €	+3.5%	469,2 k €	-9.5%	518,7 k €	+24.4%	416,9 k €	-2.1%	425,8 k €	-9.6%	471,3 k €	+92.7%	244,5 k €	+21.8%	200,7 k €	-9.7%	222,4 k €	+13.6%	195,7 k €	-5.3%	206,7 k €	-2.1%	211,1 k €	+0.7%	209,6 k €	+18.5%	176,9 k €	+23.6%	143,2 k €	+16.9%	122,5 k €	+11.0%	110,3 k €	-8.3%	120,4 k €	+19.5%	100,8 k €
Cash	222,4 k €	+962%	20,9 k €	-61.2%	54 k €	-47.4%	102,6 k €	+52.5%	67,2 k €	+64.1%	41 k €	+52.7%	26,8 k €	-6.3%	28,6 k €	+205%	9,4 k €	+2.9%	9,1 k €		–		–		406 €	-63.1%	1,1 k €		–		262 €	+28.4%	204 €	-80.2%	1 k €	+359%	224 €	+398%	45 €
Debts	251,6 k €	+14.8%	219,1 k €	-11.3%	247,2 k €	-30.3%	354,3 k €	+31.4%	269,6 k €	-3.4%	279,2 k €	-17.9%	340 k €	+176%	123,1 k €	+284%	32 k €	-12.5%	36,6 k €	+31.6%	27,8 k €	-41.5%	47,5 k €	-27.5%	65,5 k €	+20.6%	54,3 k €	-1.7%	55,3 k €	+55.9%	35,4 k €	+19.8%	29,6 k €	-11.7%	33,5 k €	+28.0%	26,2 k €	-2.2%	26,8 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Paul Van Den Bulcke

Director

Active

Ended mandates

Paul Van Den Bulcke

Manager

Ended

Paul Vandenbulcke

Director

Ended

PAUL VANDENBULCKE

Manager

Ended

At this address

Other companies at this address

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De Voeg● Active	0505.933.291
Gbuur● Active	1005.903.262
TR Poorten● Active	0878.228.496
TR Poorten Service● Active	0743.947.933
Vereniging van medeëigenaars van REEL PARK te 9790 WORTEGEM-PETEGEM, PETEGEM-AAN-DE-SCHELDE, Clemmenstraat 2● Active	0711.840.339

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	08/07/2026	01/07/2025	25/06/2024	30/06/2023	29/06/2022	02/07/2021
General meeting	06/06/2026	07/06/2025	01/06/2024	03/06/2023	04/06/2022	05/06/2021
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
Micro model	31/12/2025	06/06/2026	08/07/2026	Dutch	PDF
Micro model	31/12/2024	07/06/2025	01/07/2025	Dutch	PDF
Micro model	31/12/2023	01/06/2024	25/06/2024	Dutch	PDF
Micro model	31/12/2022	03/06/2023	30/06/2023	Dutch	PDF
Micro model	31/12/2021	04/06/2022	29/06/2022	Dutch	PDF
Micro model	31/12/2020	05/06/2021	02/07/2021	Dutch	PDF
Micro model	31/12/2019	06/06/2020	01/07/2020	Dutch	PDF
Micro model	31/12/2018	01/06/2019	28/06/2019	Dutch	PDF
Micro model	31/12/2017	04/08/2018	10/08/2018	Dutch	PDF
Abridged model	31/12/2016	03/06/2017	29/06/2017	Dutch	PDF
Abridged model	31/12/2015	04/06/2016	29/06/2016	Dutch	PDF
Abridged model	31/12/2014	06/06/2015	01/07/2015	Dutch	PDF
Abridged model	31/12/2013	07/06/2014	27/06/2014	Dutch	PDF
Abridged model	31/12/2012	01/06/2013	26/06/2013	Dutch	PDF
Abridged model	31/12/2011	02/06/2012	29/06/2012	Dutch	PDF
Abridged model	31/12/2010	04/06/2011	29/06/2011	Dutch	PDF
Abridged model	31/12/2009	05/06/2010	01/07/2010	Dutch	PDF
Abridged model	31/12/2008	06/06/2009	15/06/2009	Dutch	PDF
Abridged model	31/12/2007	07/06/2008	23/06/2008	Dutch	PDF
Abridged model	31/12/2006	02/06/2007	11/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 3 ended

Active mandates

Paul Van Den Bulcke

Director

Active

Ended mandates

Paul Van Den Bulcke

Manager

Ended

Paul Vandenbulcke

Director

Ended

PAUL VANDENBULCKE

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates15/05/2023
WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office06/08/2019
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares21/12/2018
DOEL - KAPITAAL - AANDELEN
PDF
Registered office16/05/2017
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares02/01/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other31/12/2004
DIVERSEN
PDF
Other07/09/2004
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 2025161,7 k €↑
2024
Annual accounts 202446,3 k €↓
2023
Annual accounts 202358,7 k €↑
2022
Annual accounts 202218,2 k €↑
2021
Annual accounts 20211,5 k €↓
2020
Annual accounts 202012,4 k €↑
2019
Annual accounts 201911 k €↓
2018
Annual accounts 201843,5 k €↑
2017
Annual accounts 2017-17,1 k €↓
2016
Annual accounts 201616,8 k €↑
2015
Annual accounts 20158,7 k €↓
2014
Annual accounts 201413,6 k €↓
2013
Annual accounts 201320,3 k €↓
2012
Annual accounts 201234,1 k €↑
2011
Annual accounts 201114,3 k €↓
2010
Annual accounts 201014,6 k €↓
2009
Annual accounts 200915,5 k €↑
2008
Annual accounts 20087,6 k €↓
2007
Annual accounts 200722,6 k €↑
2006
Annual accounts 200617,1 k €
30/08/2004
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

P.V.S. Electronic Developments

Overview

What does P.V.S. Electronic Developments do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

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