ACTIVE

BELGO TECH

Financial year 2025 · closed on 31/03/2025
Net result
182,9 k €
-60.3% YoY
Gross margin
2,5 M €
+6.9% YoY
Equity
2,1 M €
-2.2% YoY
Workforce
28,4 ETP
+19.8% YoY

What does BELGO TECH do?

BELGO TECH is a Public limited company incorporated in 2004. Its main activity is: Manufacture of electricity distribution and control apparatus. Its registered office is in Villers-le-Bouillet. It employs on average 28,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0867.629.762
Incorporation
05/10/2004
Legal form
Public limited company
Registered office
Rue de la Science 12
4530 Villers-le-Bouillet · WallonieSee on map
Contributed capital
61 500,00 €
Latest accounts
31/03/2025
Average workforce
28,4 ETP
Joint committees (2)
  • 111
  • 209
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin2,5 M €2,3 M €2,6 M €1,9 M €1,9 M €1,8 M €2,4 M €2,4 M €1,4 M €959,1 k €567,1 k €528,6 k €566,7 k €471 k €842,9 k €446,3 k €567,5 k €613,3 k €404,4 k €
EBITDA804,8 k €800,2 k €1,3 M €716,5 k €711,5 k €952,8 k €1,6 M €1,8 M €952,2 k €704,5 k €327,6 k €314 k €339,2 k €310,1 k €676,9 k €273,8 k €453,3 k €439,8 k €313,7 k €
Operating result263,1 k €656,1 k €1,2 M €549,9 k €536,7 k €755,3 k €1,4 M €1,6 M €832 k €603,7 k €261,8 k €243,6 k €262,7 k €243,9 k €601 k €201,9 k €373 k €347,3 k €275,8 k €
Net result182,9 k €460,2 k €841,8 k €348 k €382 k €416,8 k €904,2 k €1,1 M €531,7 k €391,1 k €172,6 k €164,3 k €176,8 k €164 k €401,4 k €140,6 k €260 k €234,7 k €185,5 k €
Balance sheet
Equity2,1 M €2,1 M €2 M €1,2 M €941,4 k €827,1 k €770,2 k €593,1 k €868,7 k €769,1 k €698,3 k €663,2 k €697,5 k €664 k €610,3 k €710,6 k €684,6 k €475,5 k €290,7 k €
Total assets7 M €5,7 M €4,4 M €3,7 M €3,6 M €3,3 M €3,9 M €4,1 M €2,9 M €1,8 M €1,3 M €1,6 M €1,2 M €1,7 M €1,6 M €1,4 M €1,4 M €1,3 M €1,1 M €
Cash764 k €200,7 k €595,4 k €644 k €842,6 k €717,8 k €706 k €477,2 k €889,8 k €402,6 k €257,3 k €59 k €24,1 k €57,4 k €270,3 k €331,7 k €193,3 k €39,5 k €393,3 k €
Debts4,9 M €3,6 M €2,3 M €2,5 M €2,6 M €2,4 M €3,1 M €3,5 M €2 M €1 M €599,4 k €904,9 k €494,9 k €1 M €966,1 k €653,9 k €667,3 k €871,8 k €754,6 k €
Other
Workforce28,4 ETP23,7 ETP20,4 ETP18,5 ETP19,7 ETP14,8 ETP15,3 ETP13,1 ETP9,8 ETP6,7 ETP5,4 ETP5,7 ETP6,1 ETP4,1 ETP4,2 ETP5,1 ETP3,7 ETP5,4 ETP3,1 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/03/2025 · 2 active · 22 ended

Active mandates

WALO Management

Managing director · since 06 mai 2024 · until 03 septembre 2029 · 1007.809.313

Represented by Laura Warnant

Active
Belgium Technology Group

Director · since 03 octobre 2023 · until 03 septembre 2029 · 0864.697.689

Represented by Yves Warnant

Active

Ended mandates

Belgium Technology Group

Director · since 03 octobre 2023 · until 03 septembre 2029 · 0864.697.689

Represented by Yves WARNANT

Ended
Brice RADU

Managing director · since 05 septembre 2016 · until 03 octobre 2023

Ended
Jean-Brice RADU

Director · since 05 septembre 2016 · until 05 septembre 2022

Ended
Jean-Brice RADU

Managing director · since 05 septembre 2016 · until 05 septembre 2022

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/10/202530/09/202424/07/202318/11/202230/11/202131/12/2020
General meeting01/09/202502/09/202420/07/202305/09/202206/09/202107/09/2020
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/202501/09/202530/10/2025FrenchPDF
Abridged model31/03/202402/09/202430/09/2024FrenchPDF
Abridged model31/03/202320/07/202324/07/2023FrenchPDF
Abridged model31/03/202205/09/202218/11/2022FrenchPDF
Abridged model31/03/202106/09/202130/11/2021FrenchPDF
Abridged model31/03/202007/09/202031/12/2020FrenchPDF
Abridged model31/03/201902/09/201928/11/2019FrenchPDF
Abridged model31/03/201803/09/201831/12/2018FrenchPDF
Abridged model31/03/201704/09/201710/11/2017FrenchPDF
Abridged model31/03/201605/09/201621/10/2016FrenchPDF
Abridged model31/03/201507/09/201525/09/2015FrenchPDF
Abridged model31/03/201401/09/201430/09/2014FrenchPDF
Abridged model31/03/201302/09/201328/10/2013FrenchPDF
Abridged model31/03/201203/09/201206/09/2012FrenchPDF
Abridged model31/03/201112/09/201106/10/2011FrenchPDF
Abridged model31/03/201006/09/201027/09/2010FrenchPDF
Abridged model31/03/200921/09/200919/10/2009FrenchPDF
Abridged model31/03/200808/09/200806/10/2008FrenchPDF
Abridged model31/03/200703/09/200727/09/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 31/03/2025 · 2 active · 22 ended

Active mandates

WALO Management

Managing director · since 06 mai 2024 · until 03 septembre 2029 · 1007.809.313

Represented by Laura Warnant

Active
Belgium Technology Group

Director · since 03 octobre 2023 · until 03 septembre 2029 · 0864.697.689

Represented by Yves Warnant

Active

Ended mandates

Belgium Technology Group

Director · since 03 octobre 2023 · until 03 septembre 2029 · 0864.697.689

Represented by Yves WARNANT

Ended
Brice RADU

Managing director · since 05 septembre 2016 · until 03 octobre 2023

Ended
Jean-Brice RADU

Director · since 05 septembre 2016 · until 05 septembre 2022

Ended
Jean-Brice RADU

Managing director · since 05 septembre 2016 · until 05 septembre 2022

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates07/06/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates10/10/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DENOMINATION - OBJET - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates17/08/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Other17/08/2023
    DIVERS
    PDF
  • Mandates09/06/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares26/03/2018
    CAPITAL, ACTIONS
    PDF
  • Mandates09/11/2016
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares17/02/2014
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    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 2025182,9 k €
  2. 2024
    Annual accounts 2024460,2 k €
  3. 2023
    Annual accounts 2023841,8 k €
  4. 2022
    Annual accounts 2022348 k €
  5. 2021
    Annual accounts 2021382 k €
  6. 2020
    Annual accounts 2020416,8 k €
  7. 2019
    Annual accounts 2019904,2 k €
  8. 2018
    Annual accounts 20181,1 M €
  9. 2017
    Annual accounts 2017531,7 k €
  10. 2016
    Annual accounts 2016391,1 k €
  11. 2015
    Annual accounts 2015172,6 k €
  12. 2014
    Annual accounts 2014164,3 k €
  13. 2013
    Annual accounts 2013176,8 k €
  14. 2012
    Annual accounts 2012164 k €
  15. 2011
    Annual accounts 2011401,4 k €
  16. 2010
    Annual accounts 2010140,6 k €
  17. 2009
    Annual accounts 2009260 k €
  18. 2008
    Annual accounts 2008234,7 k €
  19. 2007
    Annual accounts 2007185,5 k €
  20. 05/10/2004
    IncorporationPublic limited company