ACTIVE

ETEC SYSTEMS

Financial year 2024 · closed on 31/12/2024
Net result
37,4 k €
+438.8% YoY
Gross margin
72,5 k €
+154.2% YoY
Equity
77,5 k €
+93.0% YoY

What does ETEC SYSTEMS do?

ETEC SYSTEMS is a Private limited company incorporated in 2007. Its main activity is: Electrical installation. Its registered office is in Balen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0886.735.495
Incorporation
25/01/2007
Legal form
Private limited company
Registered office
Voetbalstraat 4
2490 Balen · FlandreSee on map
Contributed capital
6 300,00 €
Latest accounts
31/12/2024
Joint committees (1)
  • 149
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin72,5 k €28,5 k €45 k €-2,8 k €17,7 k €63,2 k €-3,7 k €6,9 k €2,3 k €11,4 k €34,7 k €48,5 k €-10,2 k €-9,7 k €-7,3 k €4,8 k €46,7 k €129,1 k €
EBITDA70,4 k €27,5 k €43,7 k €-4,7 k €16,6 k €61,3 k €-13,1 k €1,6 k €-2,9 k €10,9 k €34,2 k €47,2 k €-11,3 k €-10,3 k €-8 k €3,5 k €46,4 k €128,9 k €
Operating result59,8 k €15,6 k €33,7 k €-15,1 k €4 k €46,3 k €-27,4 k €-13,5 k €-19,9 k €543,6 €18,7 k €33,6 k €-23,7 k €-29,4 k €-25,4 k €-9,9 k €33,3 k €120 k €
Net result37,4 k €6,9 k €23,5 k €-21,8 k €-2,8 k €29,4 k €-32,3 k €-18,6 k €-25,2 k €-2,5 k €15,2 k €33,6 k €-25,3 k €-27,2 k €-26,3 k €-11 k €22,7 k €86,5 k €
Balance sheet
Equity77,5 k €40,2 k €33,2 k €9,7 k €31,5 k €34,3 k €4,9 k €7,2 k €25,8 k €50,9 k €53,4 k €38,2 k €23,2 k €48,5 k €75,7 k €102 k €113,8 k €92 k €
Total assets195,1 k €197,3 k €209,8 k €167,9 k €225,9 k €206,2 k €265,9 k €261,9 k €290,6 k €102 k €174,5 k €145 k €279,4 k €109,7 k €126,3 k €138,6 k €184,9 k €159,8 k €
Cash14,1 k €4,5 k €5,3 k €3,6 k €24,6 k €24,1 k €24,3 k €7,6 k €297 €130,2 €7,5 k €48,8 k €111,3 k €65,2 k €
Debts117,6 k €157,1 k €176,5 k €158,1 k €194,4 k €171,9 k €261 k €254,3 k €264,6 k €51 k €121,1 k €106,8 k €256,1 k €61,2 k €50,6 k €36,5 k €71,1 k €67,8 k €
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 31/12/2024 · 2 active · 2 ended

Active mandates

Katrien Houpelyne

Manager · since 01 novembre 2015

Active
Mario Claes

Manager · since 18 janvier 2007

Active

Ended mandates

katrien Houpelyne

Associate

Ended
Mario Claes

Manager

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/08/202530/06/202416/07/202322/08/202217/08/202129/09/2020
General meeting26/08/202526/04/202416/06/202329/06/202220/05/202109/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202426/08/202530/08/2025DutchPDF
Micro model31/12/202326/04/202430/06/2024DutchPDF
Micro model31/12/202216/06/202316/07/2023DutchPDF
Micro model31/12/202129/06/202222/08/2022DutchPDF
Micro model31/12/202020/05/202117/08/2021DutchPDF
Micro model31/12/201909/06/202029/09/2020DutchPDF
Micro model31/12/201828/05/201925/08/2019DutchPDF
Micro model31/12/201729/06/201827/08/2018DutchPDF
Micro model31/12/201629/06/201728/09/2017DutchPDF
Abridged model31/12/201525/03/201629/06/2016DutchPDF
Abridged model31/12/201404/05/201501/06/2015DutchPDF
Abridged model31/12/201308/06/201430/06/2014DutchPDF
Abridged model31/12/201229/06/201311/07/2013DutchPDF
Abridged model31/12/201129/06/201213/07/2012DutchPDF
Abridged model31/12/201029/06/201103/08/2011DutchPDF
Abridged model31/12/200929/06/201002/08/2010DutchPDF
Abridged model31/12/200829/06/200930/07/2009DutchPDF
Abridged model31/12/200729/06/200818/07/2008DutchPDF
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 31/12/2024 · 2 active · 2 ended

Active mandates

Katrien Houpelyne

Manager · since 01 novembre 2015

Active
Mario Claes

Manager · since 18 janvier 2007

Active

Ended mandates

katrien Houpelyne

Associate

Ended
Mario Claes

Manager

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates05/03/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/01/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/12/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/04/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/03/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/01/2009
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other02/02/2007
    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

Timeline

  1. 2024
    Annual accounts 202437,4 k €
  2. 2023
    Annual accounts 20236,9 k €
  3. 2022
    Annual accounts 202223,5 k €
  4. 2021
    Annual accounts 2021-21,8 k €
  5. 2020
    Annual accounts 2020-2,8 k €
  6. 2019
    Annual accounts 201929,4 k €
  7. 2018
    Annual accounts 2018-32,3 k €
  8. 2017
    Annual accounts 2017-18,6 k €
  9. 2016
    Annual accounts 2016-25,2 k €
  10. 2015
    Annual accounts 2015-2,5 k €
  11. 2014
    Annual accounts 201415,2 k €
  12. 2013
    Annual accounts 201333,6 k €
  13. 2012
    Annual accounts 2012-25,3 k €
  14. 2011
    Annual accounts 2011-27,2 k €
  15. 2010
    Annual accounts 2010-26,3 k €
  16. 2009
    Annual accounts 2009-11 k €
  17. 2008
    Annual accounts 200822,7 k €
  18. 2007
    Annual accounts 200786,5 k €
  19. 25/01/2007
    IncorporationPrivate limited company