ELECTRO TECHNICS (0425.599.970): financials and annual accounts

ELECTRO TECHNICS

Antwerp ·KBO/BCE: BE 0425.599.970

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2014	2012	2011	2010	2009	2008
Balance sheet: assets
Total assets`20/58`	161,931	173,030	182,425	212,382	218,431	202,402	186,472	182,230	193,758	212,799	251,629	233,454	247,510	253,803	242,410	218,900
Fixed assets`21/28`	13,116	21,221	30,924	29,850	33,318	34,617	19,459	21,179	30,234	37,841	54,821	44,753	54,129	66,310	64,392	57,252
Tangible fixed assets`22/27`	13,116	21,221	30,924	29,850	33,318	34,617	19,459	21,179	30,234	37,841	54,821	44,753	54,129	66,310	64,392	57,252
Land and buildings`22`	10,894	12,840	12,840	14,297	16,018	17,738	19,459	21,179	22,900	24,620	28,412	33,393	36,304	39,215	42,126	45,037
Plant, machinery and equipment`23`	1,643	1,917	2,191	2,465	-	-	-	-	2,066	1,843	197	581	405	622	370	493
Furniture and vehicles`24`	578	6,464	15,893	13,088	17,300	16,879	-	-	5,268	11,378	26,212	10,779	17,420	26,473	21,896	11,722
Current assets`29/58`	148,815	151,809	151,501	182,532	185,113	167,785	167,013	161,051	163,524	174,958	196,808	188,701	193,381	187,493	178,018	161,648
Amounts receivable after more than one year`29`	42,361	41,189	40,048	40,000	-	-	-	-	-	-	-	-	-	-	-	-
Other amounts receivable`291`	42,361	41,189	40,048	40,000	-	-	-	-	-	-	-	-	-	-	-	-
Stocks and contracts in progress`3`	55,330	64,583	75,889	64,485	53,675	56,020	36,526	36,701	34,371	36,508	42,489	42,822	44,139	36,323	42,710	47,574
Stocks`30/36`	55,330	64,583	75,889	64,485	53,675	56,020	36,526	36,701	34,371	36,508	42,489	42,822	44,139	36,323	42,710	47,574
Amounts receivable within one year`40/41`	5,993	5,649	8,042	26,960	28,258	29,140	32,001	31,344	30,684	28,165	26,208	17,057	10,388	22,516	15,085	8,352
Trade receivables`40`	5,993	5,493	7,886	26,804	28,102	27,161	31,062	30,657	30,528	28,008	26,043	14,371	7,694	19,822	13,012	6,086
Other amounts receivable`41`	0	156	156	156	156	1,979	939	687	156	157	165	2,686	2,694	2,694	2,073	2,266
Cash at bank and in hand`54/58`	36,345	39,216	26,382	51,039	103,181	82,625	98,486	93,006	98,469	110,285	128,111	128,822	138,854	128,654	120,223	105,722
Deferred charges and accrued income`490/1`	8,786	1,173	1,141	48	-	-	-	-	-	-	-	-	-	-	-	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	161,931	173,030	182,425	212,382	218,431	202,402	186,472	182,230	193,758	212,799	251,629	233,454	247,510	253,803	242,410	218,900
Equity`10/15`	154,323	168,754	172,343	188,949	187,764	167,564	161,881	159,497	170,422	188,375	210,349	202,513	214,227	226,069	219,508	204,847
Contributions`10/11`	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600
Issued capital`100`	-	-	-	-	-	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600
Reserves`13`	23,046	23,046	23,046	23,046	21,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860
Non-distributable reserves`130/1`	-	-	-	0	1,860	1,860	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	-	-	-	-	-	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860
Reserves not available under the articles`1311`	-	-	-	0	1,860	-	-	-	-	-	-	-	-	-	-	-
Distributable reserves`133`	23,046	23,046	23,046	23,046	20,000	-	-	-	-	-	-	-	-	-	-	-
Profit (loss) carried forward`14`	112,677	127,108	130,697	147,304	147,304	147,104	141,421	139,037	149,962	167,915	189,889	182,053	193,767	205,609	199,048	184,387
Provisions and deferred taxes`16`	-	-	-	-	-	-	-	-	-	-	-	18,000	18,000	18,000	18,000	-
Provisions for liabilities and charges`160/5`	-	-	-	-	-	-	-	-	-	-	-	18,000	18,000	18,000	18,000	-
Amounts payable`17/49`	7,609	4,276	10,082	23,433	30,668	34,838	24,591	22,733	23,336	24,424	41,280	12,941	15,283	9,734	4,902	14,053
Amounts payable within one year`42/48`	7,609	4,276	10,082	23,433	30,668	34,838	24,591	22,733	23,336	24,424	41,280	12,941	15,283	9,734	4,902	14,053
Current portion of amounts payable after more than one year`42`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,509
Trade debts`44`	5,038	1,487	8,988	20,460	26,639	34,838	24,591	22,733	23,245	23,808	23,242	12,941	15,180	5,374	2,261	7,439
Suppliers`440/4`	5,038	1,487	8,988	20,460	26,639	34,838	24,591	22,733	23,245	23,808	23,242	12,941	15,180	5,374	2,261	7,439
Taxes, remuneration and social security`45`	2,571	2,789	1,095	2,972	4,029	-	-	-	91	616	1,490	-	103	4,360	2,641	5,105
Taxes`450/3`	2,571	2,789	1,095	2,972	4,029	-	-	-	91	616	1,490	-	103	4,360	2,641	5,105
Other amounts payable`47/48`	-	-	-	-	-	-	-	-	-	-	16,548	-	-	-	-	-
Income statement
Turnover`70`	-	-	-	-	-	-	-	-	-	-	-	-	-	342,199	354,200	368,953
Gross operating margin`9900`	-3,083	9,680	5,238	13,448	33,032	14,903	7,124	-3,255	-6,729	6,188	24,948	2,848	2,290	24,374	45,728	31,618
Goods, raw materials, services and sundry goods`60/61`	-	-	-	-	151,881	-	-	-	-	-	-	-	-	317,825	308,473	337,336
Remuneration, social security and pensions`62`	-	-	-	0	1,030	245	341	544	-	608	40	1,151	-	219	489	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	8,104	9,702	11,543	8,592	6,600	3,763	1,721	4,833	8,830	9,035	13,227	10,406	12,181	14,883	11,889	8,083
Provisions for liabilities and charges: additions (uses and reversals)`635/8`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18,000	-
Other operating charges`640/8`	3,163	2,896	9,703	2,638	2,431	3,765	2,403	1,971	2,051	2,151	2,156	1,437	1,892	2,794	2,290	1,955
Operating profit (loss)`9901`	-14,351	-2,919	-16,008	2,219	22,971	7,130	2,659	-10,603	-17,610	-5,606	9,525	-10,146	-11,783	6,478	13,060	21,580
Financial income`75/76B`	1,208	1,183	1,243	48	-	45	5	-	206	88	430	31	294	332	197	1
Recurring financial income`75`	1,208	1,183	1,243	48	-	45	5	-	206	88	430	31	294	332	197	1
Financial charges`65/66B`	1,009	1,852	1,718	962	772	1,492	280	322	549	380	59	1,599	353	249	760	18
Recurring financial charges`65`	1,009	1,852	1,718	962	772	1,492	280	322	549	380	59	1,599	353	249	760	18
Profit (loss) for the period before taxes`9903`	-14,151	-3,588	-16,482	1,304	22,199	5,683	2,384	-10,925	-17,953	-5,898	9,896	-11,714	-11,842	6,561	12,497	21,563
Income taxes`67/77`	280	0	125	119	2,000	-	-	-	-	-	-	-	-	-	-2,164	2,409
Profit (loss) for the period`9904`	-14,432	-3,588	-16,607	1,186	20,199	5,683	2,384	-10,925	-17,953	-5,898	9,896	-11,714	-11,842	6,561	14,661	19,154
Profit (loss) for the period to be appropriated`9905`	-14,432	-3,588	-16,607	1,186	20,199	5,683	2,384	-10,925	-17,953	-5,898	9,896	-11,714	-11,842	6,561	14,661	19,154
Appropriation of the result
Profit (loss) to be appropriated`9906`	112,677	127,108	130,697	148,489	167,304	147,104	141,421	139,037	149,962	167,915	189,889	182,053	193,767	205,609	199,048	19,154
Profit (loss) brought forward from the previous period`14P`	127,108	130,697	147,304	147,304	147,104	-	-	-	-	-	-	-	-	-	-	-
Transfer from equity`791/2`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	165,233
Transfer to equity`691/2`	-	-	0	1,186	20,000	-	-	-	-	-	-	-	-	-	-	-
To other reserves`6921`	-	-	0	1,186	20,000	-	-	-	-	-	-	-	-	-	-	-
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Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	14-07-2026	2026-00289499	PDF
31-12-2024	micro format	29-07-2025	2025-00320344	PDF
31-12-2023	micro format	29-08-2024	2024-00391236	PDF
31-12-2022	micro format	12-07-2023	2023-00227223	PDF
31-12-2021	micro format	30-08-2022	2022-20386643	PDF
31-12-2020	micro format	30-08-2021	2021-62100021	PDF
31-12-2019	micro format	25-08-2020	2020-48300337	PDF
31-12-2018	micro format	29-08-2019	2019-56900390	PDF
31-12-2017	micro format	31-08-2018	2018-57500100	PDF
31-12-2016	micro format	30-08-2017	2017-52500279	PDF
31-12-2014	abbreviated format	04-09-2015	2015-58000220	PDF
31-12-2012	abbreviated format	31-08-2013	2013-52400305	PDF
31-12-2011	abbreviated format	17-08-2012	2012-42200128	PDF
31-12-2010	abbreviated format	31-08-2011	2011-51100187	PDF
31-12-2009	abbreviated format	21-08-2010	2010-43600527	PDF
31-12-2008	abbreviated format	31-08-2009	2009-67600288	PDF
31-12-2007	abbreviated format	11-06-2008	2008-20700084	PDF
31-12-2006	abbreviated format	13-07-2007	2007-38800366	PDF
31-12-2005	abbreviated format	17-05-2006	2006-15302961	PDF
31-12-2004	abbreviated format	01-06-2005	2005-20104843	PDF
31-12-2003	abbreviated format	09-06-2004	2004-23004805	PDF
31-12-2002	abbreviated format	27-05-2003	2003-17700488	PDF
31-12-2001	abbreviated format	03-06-2002	2002-17003580	PDF
31-12-2000	abbreviated format	21-05-2001	2001-13603491	PDF
31-12-1999	abbreviated format	08-06-2000	2000-19605121	PDF
31-12-1998	abbreviated format	21-06-1999	1999-20604562	PDF
31-12-1997	abbreviated format	17-06-1998	1998-18604089	PDF
31-12-1996	abbreviated format	15-12-1997	1997-56701374	PDF
31-12-1995	abbreviated format	03-06-1996	1996-11603988	PDF
31-12-1994	abbreviated format	19-05-1995	1995-08504526	PDF
31-12-1993	abbreviated format	15-06-1994	1994-15201181	PDF
31-12-1992	abbreviated format	11-06-1993	1993-11902682	PDF
31-12-1991	abbreviated format	15-06-1992	1992-10902576	PDF
31-12-1990	abbreviated format	04-06-1991	1991-07500421	PDF
31-12-1989	abbreviated format	08-06-1990	1990-07403871	PDF
31-12-1988	abbreviated format	03-07-1989	1989-14201258	PDF
31-12-1987	abbreviated format	27-06-1988	1988-10700646	PDF
31-12-1986	abbreviated format	11-06-1987	1987-09203464	PDF
31-12-1985	abbreviated format	03-07-1986	1986-23901949	PDF
31-12-1984	full format	04-09-1985	1985-32400180	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2014	2012	2011	2010	2009	2008
EBITDA	-6,246	6,783	-4,465	10,811	29,571	10,893	4,380	-5,770	-8,780	3,429	22,752	260	398	21,361	24,949	29,663
Cash flow	-6,327	6,114	-5,064	9,778	26,799	9,446	4,105	-6,092	-9,123	3,137	23,123	-1,308	339	21,444	26,550	27,237
Investment in fixed assets (approximation)	-1	0	12,617	5,123	5,302	18,921	1	-4,222	1,223	-	17,573	1,030	16,801	16,801	19,029	617
Change in cash	-2,870	12,834	-24,658	-52,141	20,556	-15,861	5,480	-5,463	-11,816	-	-	-10,032	10,200	8,431	14,501	-
Working capital	141,206	147,533	141,419	159,100	154,445	132,947	142,422	138,318	140,188	150,534	155,528	175,760	178,098	177,759	173,116	147,595
EBIT margin	-	-	-	-	-	-	-	-	-	-	-	-	-	1.9%	3.7%	5.8%
Solvency	95.3%	97.5%	94.5%	89.0%	86.0%	82.8%	86.8%	87.5%	88.0%	88.5%	83.6%	86.7%	86.6%	89.1%	90.6%	93.6%
Current ratio	19.56	35.50	15.03	7.79	6.04	4.82	6.79	7.08	7.01	7.16	4.77	14.58	12.65	19.26	36.32	11.50
Quick ratio	12.29	20.40	7.50	5.04	4.29	3.21	5.31	5.47	5.53	5.67	3.74	11.27	9.77	15.53	27.60	8.12
Debt to equity	0.05	0.03	0.06	0.12	0.16	0.21	0.15	0.14	0.14	0.13	0.20	0.06	0.07	0.04	0.02	0.07
ROE	-9.4%	-2.1%	-9.6%	0.6%	10.8%	3.4%	1.5%	-6.8%	-10.5%	-3.1%	4.7%	-5.8%	-5.5%	2.9%	6.7%	9.4%
ROA	-8.9%	-2.1%	-9.1%	0.6%	9.2%	2.8%	1.3%	-6.0%	-9.3%	-2.8%	3.9%	-5.0%	-4.8%	2.6%	6.0%	8.8%
Interest coverage	-6.19	3.66	-2.60	11.24	38.31	-	-	-	-	-	-	-	-	-	-	-
Customer credit	-	-	-	-	-	-	-	-	-	-	-	-	-	21 days	13 days	6 days
Supplier credit	-	-	-	-	64 days	-	-	-	-	-	-	-	-	6 days	3 days	8 days

Item	2025	2024	2023	2022	2021
Tangible fixed assets	-	-	€12,617	€5,123	€5,302
Depreciation and write-downs of the year	€8,104	€9,702	€11,543	€8,592	€6,600

ELECTRO TECHNICS

Annual accounts 2025

Money flows

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency95.3%

Current ratio19.56

Return on assets-8.9%

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2023, 1 entry, €2,000 awarded, €2,000 paid

Key figures and ratios

Investments

Insights on ELECTRO TECHNICS

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