ACTIVE

SURTOE

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Financial year 2025 · closed on 31/12/2025
Net result
16,5 k €
-69.6% YoY
Gross margin
36,4 k €
-42.3% YoY
Equity
72,7 k €
+6.6% YoY

What does SURTOE do?

SURTOE is a Private limited company incorporated in 2008. Its main activity is: Electrical installation. Its registered office is in Brasschaat.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0897.837.443
Incorporation
09/05/2008
Legal form
Private limited company
Registered office
Wirkenlei 6 box 2001
2930 Brasschaat · FlandreSee on map
Contributed capital
18 550,00 €
Latest accounts
31/12/2025
Activities (NACE)
43211Electrical installation· main46499Wholesale of other household goods46499Wholesale of other household goods47559Retail sale of other household equipment in specialised stores
Joint committees (1)
  • 124
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192018201720162015201420132012
Income statement
Gross margin36,4 k €63,1 k €34,6 k €23,2 k €15,5 k €19,0 k €20,3 k €119,6 k €27,9 k €23,1 k €42,0 k €35,2 k €23,8 k €59,8 k €
EBITDA34,5 k €62,6 k €34,3 k €22,7 k €14,5 k €18,0 k €14,9 k €117,8 k €26,8 k €21,6 k €40,8 k €29,8 k €21,8 k €32,1 k €
Operating result17,1 k €54,4 k €30,6 k €19,4 k €7,8 k €850,1 €-1,1 k €100,3 k €2,2 k €-5,6 k €9,4 k €-12,5 k €-23,4 k €-59,4 k €
Net result16,5 k €54,3 k €30,2 k €19,3 k €7,2 k €109,9 €-1,5 k €60,3 k €-10,8 k €-19,9 k €-6,2 k €-35,6 k €-40,5 k €-44,2 k €
Balance sheet
Equity72,7 k €68,2 k €25,9 k €-4,4 k €-23,7 k €-30,9 k €-31,0 k €-29,5 k €-89,8 k €-79,1 k €-59,2 k €-53,0 k €-17,4 k €23,2 k €
Total assets131,7 k €130,9 k €59,6 k €52,6 k €38,3 k €55,2 k €47,9 k €91,4 k €200,9 k €228,2 k €265,7 k €299,2 k €351,5 k €422,6 k €
Cash35,0 k €31,4 k €32,1 k €13,1 k €398,3 €947,7 €10,6 k €2,2 k €7,8 k €3,8 k €12,4 k €29,2 k €13,8 k €7,4 k €
Debts59,0 k €62,7 k €33,8 k €57,0 k €62,0 k €86,2 k €78,9 k €120,9 k €290,8 k €307,2 k €324,9 k €352,1 k €368,9 k €399,4 k €
Other
Workforce–––––––––––––0,6 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 · 1 active · 6 ended

Active mandates

Eric Franken

Director

Active

Ended mandates

Eric FRANKEN

Manager · since 27 mars 2012

Ended
Peter FRANKEN

Manager · since 27 mars 2012 · until 03 juin 2013

Ended
Eric Francken

Manager

Ended
Eric FRANKEN

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date30/06/202620/08/202512/08/202428/06/202309/07/202231/10/2021
General meeting26/06/202627/06/202528/06/202423/06/202324/06/202225/06/2021
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

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202526/06/202630/06/2026DutchPDF
Micro model31/12/202427/06/202520/08/2025DutchPDF
Micro model31/12/202328/06/202412/08/2024DutchPDF
Micro model31/12/202223/06/202328/06/2023DutchPDF
Micro model31/12/202124/06/202209/07/2022DutchPDF
Micro model31/12/202025/06/202131/10/2021DutchPDF
Micro model31/12/201926/06/202024/10/2020DutchPDF
Micro model31/12/201828/06/201927/08/2019DutchPDF
Micro model31/12/201722/06/201826/08/2018DutchPDF
Micro model31/12/201623/06/201720/11/2017DutchPDF
Abridged model31/12/201524/06/201629/09/2016DutchPDF
Abridged model31/12/201426/06/201529/06/2015DutchPDF
Abridged model31/12/201327/06/201429/09/2014DutchPDF
Abridged model31/12/201228/06/201324/07/2013DutchPDF
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 · 1 active · 6 ended

Active mandates

Eric Franken

Director

Active

Ended mandates

Eric FRANKEN

Manager · since 27 mars 2012

Ended
Peter FRANKEN

Manager · since 27 mars 2012 · until 03 juin 2013

Ended
Eric Francken

Manager

Ended
Eric FRANKEN

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office09/07/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates08/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office29/07/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office25/10/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates29/07/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/04/2012
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - BOEKJAAR - WIJZIGING RECHTSVORM
    PDF
  • Mandates16/04/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other20/05/2008
    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. 2025
    Annual accounts 202516,5 k €↓
  2. 2024
    Annual accounts 202454,3 k €↑
  3. 2023
    Annual accounts 202330,2 k €↑
  4. 2022
    Annual accounts 202219,3 k €↑
  5. 2021
    Annual accounts 20217,2 k €↑
  6. 2020
    Annual accounts 2020109,9 €↑
  7. 2019
    Annual accounts 2019-1,5 k €↓
  8. 2018
    Annual accounts 201860,3 k €↑
  9. 2017
    Annual accounts 2017-10,8 k €↑
  10. 2016
    Annual accounts 2016-19,9 k €↓
  11. 2015
    Annual accounts 2015-6,2 k €↑
  12. 2014
    Annual accounts 2014-35,6 k €↑
  13. 2013
    Annual accounts 2013-40,5 k €↑
  14. 2012
    Annual accounts 2012-44,2 k €
  15. 09/05/2008
    IncorporationPrivate limited company