ACTIVE

INGELEC

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Financial year 2025 · closed on 31/12/2025
Net result
-136,8 k €
-176.1% YoY
Gross margin
1 M €
-27.6% YoY
Equity
1,1 M €
-33.5% YoY
Workforce
16,9 ETP
-4.5% YoY

What does INGELEC do?

INGELEC is a Private limited company incorporated in 2008. Its main activity is: Trade of electricity. Its registered office is in Mouscron. It employs on average 16,9 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0897.792.408
Incorporation
08/05/2008
Legal form
Private limited company
Registered office
Drève Gustave Fache(L) 17
7700 Mouscron · WallonieSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
16,9 ETP
Activities (NACE)
35140Trade of electricity· main35150Electric power generation, transmission and distribution43211Electrical installation43211Electrical installation35110Production of electricity35110Production of electricity
Joint committees (3)
  • 149
  • 14901
  • 200
Signals
Solid equityLow riskGood liquidityHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212018201720162015201420132012201120102009
Income statement
Gross margin1 M €1,4 M €2,7 M €1,9 M €1,4 M €1,3 M €807,2 k €646,3 k €736,4 k €721 k €789,3 k €1,9 M €774,8 k €344,5 k €411,4 k €
EBITDA-95,7 k €264,7 k €1,4 M €668,1 k €212,8 k €328,2 k €108,6 k €80,4 k €124,4 k €116,4 k €235,1 k €1,5 M €506,8 k €123,9 k €179 k €
Operating result-146,6 k €224,2 k €1,3 M €854,1 k €146,9 k €269,5 k €47,1 k €10,3 k €28,2 k €27,1 k €174,3 k €1,4 M €469,5 k €98,9 k €136,6 k €
Net result-136,8 k €179,7 k €1,1 M €779,6 k €129,2 k €229,5 k €78,3 k €38,2 k €1,5 k €-68 k €181,1 k €1,1 M €316,9 k €62,1 k €83,7 k €
Balance sheet
Equity1,1 M €1,6 M €1,4 M €969,4 k €740 k €1,1 M €980,3 k €1,3 M €1,2 M €1,2 M €1,3 M €1,5 M €361,5 k €186,4 k €126,1 k €
Total assets2,6 M €2,5 M €3 M €3,6 M €2 M €2,1 M €1,9 M €1,9 M €1,9 M €1,9 M €2,3 M €2,2 M €2,9 M €637,9 k €459,7 k €
Cash208,2 k €583,3 k €685,6 k €368,1 k €276 k €401,4 k €306,2 k €470,3 k €309,7 k €442,4 k €719,8 k €1,2 M €1,5 M €219 k €43,7 k €
Debts962,8 k €517,4 k €1,1 M €2 M €761 k €651 k €693,4 k €347,7 k €368,9 k €390,6 k €667,1 k €566,3 k €688,8 k €305,8 k €257,3 k €
Other
Workforce16,9 ETP17,7 ETP22,2 ETP23,4 ETP23,2 ETP19,2 ETP15,4 ETP11,8 ETP12,5 ETP13,1 ETP10,3 ETP8,2 ETP5,7 ETP4,0 ETP2,6 ETP
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 · 4 active · 6 ended

Active mandates

BDH PROJECTS

Personne chargée de la gestion journalière · since 20 février 2025 · 0785.624.873

Represented by Bertrand Dhulst

Active
BeliPact

Director · since 20 février 2025 · 1009.172.954

Represented by RINNER Eric

Active
MILLUX

Personne chargée de la gestion journalière · since 20 février 2025 · 0502.586.296

Represented by Frédéric Labis

Active
SPO PROJECTS

Personne chargée de la gestion journalière · since 20 février 2025 · 1020.712.786

Represented by Sébastien Pottier

Active

Ended mandates

BeliPact

Director · since 20 février 2025 · 1009.172.954

Represented by Erick RINNER

Ended
MILLUX

Manager · since 31 janvier 2012 · 0502.586.296

Represented by LABIS Frédéric

Ended
MILLUX

Director · since 31 janvier 2012 · until 20 février 2025 · 0502.586.296

Represented by Frédéric LABIS

Ended
MILLUX

Director · since 31 janvier 2012 · 0502.586.296

Represented by LABIS Frédéric

Ended
At this address

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1002.001.981
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged 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 date21/08/202625/06/202526/06/202405/07/202318/07/202209/07/2021
General meeting31/07/202616/06/202514/06/202409/06/202310/06/202211/06/2021
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

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202531/07/202621/08/2026FrenchPDF
Abridged model31/12/202416/06/202525/06/2025FrenchPDF
Abridged model31/12/202314/06/202426/06/2024FrenchPDF
Abridged model31/12/202209/06/202305/07/2023FrenchPDF
Abridged model31/12/202110/06/202218/07/2022FrenchPDF
Abridged model31/12/202011/06/202109/07/2021FrenchPDF
Abridged model31/12/201912/06/202016/07/2020FrenchPDF
Abridged model31/12/201814/06/201917/07/2019FrenchPDF
Abridged model31/12/201708/06/201813/07/2018FrenchPDF
Abridged model31/12/201609/06/201713/07/2017FrenchPDF
Abridged model31/12/201510/06/201620/07/2016FrenchPDF
Abridged model31/12/201412/06/201507/07/2015FrenchPDF
Abridged model31/12/201314/04/201415/04/2014FrenchPDF
Abridged model31/12/201214/06/201318/07/2013FrenchPDF
Abridged model31/12/201108/06/201227/09/2012FrenchPDF
Abridged model31/12/201010/06/201120/07/2011FrenchPDF
Abridged model31/12/200925/06/201020/07/2010FrenchPDF
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 · 4 active · 6 ended

Active mandates

BDH PROJECTS

Personne chargée de la gestion journalière · since 20 février 2025 · 0785.624.873

Represented by Bertrand Dhulst

Active
BeliPact

Director · since 20 février 2025 · 1009.172.954

Represented by RINNER Eric

Active
MILLUX

Personne chargée de la gestion journalière · since 20 février 2025 · 0502.586.296

Represented by Frédéric Labis

Active
SPO PROJECTS

Personne chargée de la gestion journalière · since 20 février 2025 · 1020.712.786

Represented by Sébastien Pottier

Active

Ended mandates

BeliPact

Director · since 20 février 2025 · 1009.172.954

Represented by Erick RINNER

Ended
MILLUX

Manager · since 31 janvier 2012 · 0502.586.296

Represented by LABIS Frédéric

Ended
MILLUX

Director · since 31 janvier 2012 · until 20 février 2025 · 0502.586.296

Represented by Frédéric LABIS

Ended
MILLUX

Director · since 31 janvier 2012 · 0502.586.296

Represented by LABIS Frédéric

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates14/09/2026
    Nomination des personnes chargées de la gestion journalière - Attribution
    PDF
  • Mandates08/05/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
    PDF
  • Mandates28/03/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates14/03/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DENOMINATION - OBJET - DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares28/12/2017
    CAPITAL, ACTIONS
    PDF
  • Capital / shares17/12/2013
    CAPITAL, ACTIONS
    PDF
  • Registered office10/04/2013
    SIEGE SOCIAL
    PDF
  • Mandates21/02/2013
    DEMISSIONS, NOMINATIONS
    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 2025-136,8 k €↓
  2. 2024
    Annual accounts 2024179,7 k €↓
  3. 2023
    Annual accounts 20231,1 M €↑
  4. 2023
    Name changeINGELEC
  5. 2022
    Annual accounts 2022779,6 k €↑
  6. 2021
    Annual accounts 2021129,2 k €↓
  7. 2018
    Annual accounts 2018229,5 k €↑
  8. 2017
    Annual accounts 201778,3 k €↑
  9. 2016
    Annual accounts 201638,2 k €↑
  10. 2015
    Annual accounts 20151,5 k €↑
  11. 2014
    Annual accounts 2014-68 k €↓
  12. 2013
    Annual accounts 2013181,1 k €↓
  13. 2012
    Annual accounts 20121,1 M €↑
  14. 2011
    Annual accounts 2011316,9 k €↑
  15. 2010
    Annual accounts 201062,1 k €↓
  16. 2009
    Annual accounts 200983,7 k €
  17. 2009
    Name changeLABIS INGELEC
  18. 08/05/2008
    IncorporationPrivate limited company