Financials
Financial year 2025
UTEL from Aalst, company number BE0458902248, closed financial year 2025 with a result of € 535,552 after tax. For that financial year UTEL recorded revenue of € 4.7 million and equity of € 2 million. Compared with financial year 2024, the result moved from € 606,739 to € 535,552. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 2 million
▲ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 535,552
▼ 12% vs 2024
Profit after tax over the fiscal year.
€ 723,322
▼ 42% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 237,508 paid out
44 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
11.4
▼ 1.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 798,145
▲ 2% vs 2024
€ 70,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 58,235
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 532,541
▼ 17% vs 2024
€ 115,255 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 825,409
▲ 31% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 150,651
▲ 38% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 0 | € 4,720,509 | € 5,712,891 | € 4,714,330 | ▼ 17% |
| Gross margin | € 913,203 | € 1,238,995 | € 1,759,151 | € 1,662,986 | ▼ 5% |
| Profit after taxes | € 95,318 | € 293,171 | € 606,739 | € 535,552 | ▼ 12% |
| Equity | € 914,216 | € 1,207,387 | € 1,658,708 | € 1,956,014 | ▲ 18% |
| Total debts | € 2,012,004 | € 1,704,036 | € 1,445,387 | € 1,632,553 | ▲ 13% |
| Cash | € 945,326 | € 594,213 | € 1,245,802 | € 723,322 | ▼ 42% |
| Land & buildings | € 951,866 | € 890,222 | € 821,051 | € 752,047 | ▼ 8% |
| Retained profit | € 873,216 | € 1,166,387 | € 1,617,708 | € 1,915,014 | ▲ 18% |
| Dividend | € 28,033 | € 0 | € 155,418 | € 237,508 | ▲ 53% |
| Bank debt | € 893,815 | € 896,465 | € 644,958 | € 532,541 | ▼ 17% |
| Balance sheet total | € 2,926,220 | € 2,911,423 | € 3,104,095 | € 3,588,567 | ▲ 16% |
| Employees (FTE) | 12.3 | 10.8 | 13.3 | 11.4 | ▼ 1.9 |
Key figures of UTEL, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to UTEL?
What happened at UTEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 535,552 (▼ 12% vs 2024). filed late Source: NBB ↗
- Yves Boeykens became a director. NBB
- New establishment in Aalst. KBO
- Start of the company according to the CBE. KBO
In short
From € 95,318 profit in 2022 to € 535,552 profit in 2025.
Paid € 515,218 in corporate taxes since 2022.
Best year ever: 2024, with € 606,739 profit.
On average € 145,900 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Yves Boeykens
Administrator-manager
since 2023
Establishments
Establishment units
Physical locations of this company
Nachtegaalstraat 10 box 7
9320 Aalst
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →Betonma International
€ 490,508 gross margin · 2025
DEKAPLY
Vereniging van mede-eigenaars van het KMO-park Wildebeek te Aalst (Erembodegem), Nachtegaalstraat 10
CURAFYT
€ 62,358 gross margin · 2025
Siltimar
€ -419 gross margin · 2025
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
AMAZON-02 - Amazon.com, Inc., US
Website info
Features
Security
Network
Details
- Company number
- 0458.902.248
- VAT number
- BE 0458.902.248
- Registered office
- Nachtegaalstraat 10 bus 7, 9320 Aalst
- Names & denominations
- UTEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 September 1996
- Peppol
- Active · Active since 31 Mar 2026
- Contact
- utel.be
- Activities · NACE
Algemene elektrotechnische installatiewerken
Elektrische installatie
Sanitaire werkzaamheden
Overig loodgieterswerk
Groothandel in bouwmaterialen, algemeen assortiment
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair