About Cvelec
Cvelec is a private limited company (BV/SRL) based in Wetteren, founded in 2011. Its main activity is classified as "Algemene elektrotechnische installatiewerken". For the 2025 financial year, Cvelec reported a profit of €316,340. That makes 14 profitable financial years in a row for Cvelec. Revenue was not published, which is common for abbreviated accounts. The gross margin came to €1.4 million, up 13% on 2024. It employed an average of 10.7 full-time equivalents. Equity stands at €620,373, a solvency ratio of 49%. In 2012 it was €51,183. 14 annual accounts are available, covering 2012 to 2025.
- Sectors
- Electricians
- Signals
-
ProfitableProfitable € 316K
The company reported a positive net result in the latest financial year.
Strong equityStrong equity € 620KStrong equity provides a buffer against setbacks.
Low riskLow risk 48.6%Good solvency (> 30%) points to long-term financial stability.
Good liquidityGood liquidity 1.76A healthy current ratio (≥ 1.5): enough current assets to cover short-term debt.
Positive cashflowPositive cashflow € 378KPositive operating cash flow in the latest financial year.
Positive EBITDAPositive EBITDA € 489KPositive EBITDA: operating activities are profitable.
Healthy social debtHealthy social debt 5.4%Social debts stay manageable relative to personnel costs.
- Shareholders
- Lv-Hold 100%
Financial ratios
|
|
2025
|
2024
|
2023
|
2022
|
|---|---|---|---|---|
|
€
1.35M
|
€
1.20M
|
€
1.43M
|
€
1.18M
|
|
|
€
489K
|
€
308K
|
€
544K
|
€
440K
|
|
|
€
316K
|
€
194K
|
€
382K
|
€
311K
|
|
|
€
620K
|
€
820K
|
€
820K
|
€
920K
|
|
|
48.60%
|
69.30%
|
58.86%
|
62.92%
|
|
|
€
656K
|
€
363K
|
€
573K
|
€
542K
|
|
|
€
583K
|
€
448K
|
€
537K
|
€
484K
|
|
|
10.70
|
12.90
|
13
|
13.90
|
Publications 10
All publications- Wijziging Rechtsvorm - Ontslagen - Benoemingen - Algemene Vergadering - Boekjaar 25/11/2022
- Ontslagen - Benoemingen 15/06/2021
- Me. - Jaarrekening 31.03.2016, Ggk 14.09.2016, Ngl 22.09.2016 16613-0073-014 30/09/2016
- Me. - Jaarrekening 31.03.2015, Ggk 11.09.2015, Ngl 28.09.2015 15613-0541-015 05/10/2015
- Me. - Jaarrekening 31.03.2014, Ggk 12.09.2014, Ngl 03.10.2014 14636-0537-015 08/10/2014
Frequently asked questions
Answers to the most common questions about Cvelec, based on official government data and the filed annual accounts.
What is the VAT number of Cvelec?
The VAT number of Cvelec is BE0833.542.180.
How many employees work at Cvelec?
In 2025, Cvelec employed 10.70 full-time equivalents (FTE).
When was Cvelec established?
Cvelec was founded in 08-02-2011.
What is the official address of Cvelec?
The official address of Cvelec is Neerhonderd +27 Wetteren 9230.
What is the legal form of Cvelec?
The juridical form of Cvelec is Private limited company (BV/SRL).
What is the annual revenue of Cvelec?
The 2025 accounts of Cvelec do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.
Is Cvelec a reliable company?
Cvelec is a registered Rechtspersoon with company number 0833.542.180 and can be verified through the official CBE database.
What is the credit limit of Cvelec?
The estimated credit limit of Cvelec is €549,667.
Is Cvelec still active?
Cvelec currently has the status "Normal situation" and is active.