Financials
Financial year 2025
Laboratoire belge de l'Industrie Electrique from Linkebeek, company number BE0400902582, closed financial year 2025 with a result of € 1.2 million after tax. For that financial year Laboratoire belge de l'Industrie Electrique recorded revenue of € 106.1 million and equity of € 21.8 million. Compared with financial year 2024, the result moved from € 3.1 million to € 1.2 million. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 10, 2026.
€ 21.8 million
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.2 million
▼ 60% vs 2024
Profit after tax over the fiscal year.
€ 16.1 million
▲ 7% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 20 million.
People and assets in 2025
393.5
▲ 8.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 59.2 million
▲ 3% vs 2024
€ 150,400 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.
€ 82,647
▲ 3% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 18.3 million
▲ 48% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 162 days on average.
€ 16.4 million
▼ 1% vs 2024
Taxes, VAT and social contributions still to pay.
| 2021 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 69,742,446 | € 89,046,645 | € 103,897,945 | € 106,056,264 | ▲ 2% |
| Profit after taxes | € 5,537,844 | € 3,783,806 | € 3,128,385 | € 1,241,176 | ▼ 60% |
| Equity | € 14,634,281 | € 17,474,048 | € 20,602,433 | € 21,843,609 | ▲ 6% |
| Total debts | € 42,044,318 | € 49,725,012 | € 47,930,073 | € 49,887,023 | ▲ 4% |
| Cash | € 3,247,823 | € 7,664,874 | € 15,066,039 | € 16,129,040 | ▲ 7% |
| Land & buildings | € 10,919,433 | € 9,580,983 | € 10,139,100 | € 9,530,100 | ▼ 6% |
| Retained profit | € 12,758,815 | € 15,598,582 | € 18,726,967 | € 19,968,143 | ▲ 7% |
| Dividend | € 3,600,336 | € 2,459,474 | € 0 | € 0 | |
| Balance sheet total | € 61,705,667 | € 71,981,739 | € 74,047,687 | € 80,188,526 | ▲ 8% |
| Employees (FTE) | 305.5 | 368 | 384.6 | 393.5 | ▲ 8.9 |
Key figures of Laboratoire belge de l'Industrie Electrique, fiscal years 2021 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 Laboratoire belge de l'Industrie Electrique?
What happened at Laboratoire belge de l'Industrie Electrique in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Vincent VERBEKE stepped down as director. NBB
- Stéphane JORIS stepped down as director. NBB
- Anne HARVENGT stepped down as director. NBB
- Nick LEMMENS stepped down as director. NBB
- Bart VOLBRECHT stepped down as director. NBB
- François CHEVALIER stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.2 million (▼ 60% vs 2024). Source: NBB ↗
- Olivier SALA stepped down as director. NBB
In short
From € 5.5 million profit in 2021 to € 1.2 million profit in 2025.
Paid € 9.6 million in corporate taxes since 2021.
Best year ever: 2021, with € 5.5 million profit.
Paid out € 6.1 million in dividends to the owners in total.
Management
The shares are held by ENGIE ELECTRABEL SA (100%), ORES ASSETS SC (0%), SIBELGAZ (0%) and Tractebel Engeneering International S.A. (0%). It owns 1% of ENGIE Management Company Belgium itself.
Directors
According to the 2025 annual accounts
Stéphane JORIS
Director
since 2024 · until 2027
Anne HARVENGT
Director
since 2024 · until 2027
Vincent VERBEKE
Director
since 2023 · until 2028
Nick LEMMENS
Director
since 2025 · until 2027
Bart VOLBRECHT
Director
since 2024 · until 2027
François CHEVALIER
Director
since 2021 · until 2027
Olivier SALA
Chairman of the board
since 2022 · until 2026
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Rodestraat 125
1630 Linkebeek
Quai du Halage(Flh) 47
4400 Flémalle
Active since 1 July 2014
Simon Bolivarlaan 36
1000 Brussel
Active since 1 May 2020
Rue Chauw à Roc 6
6044 Charleroi
Active since 1 September 2023
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
Self-hosted
Hosting
AMAZON-02 - Amazon.com, Inc., US
DNS
AWS Route 53
Domain
Domain
laborelec.com
Registered
1999-06-18
Registrar
Combell NV
Expires
2026-06-18
Website info
Features
Security
Details
- Company number
- 0400.902.582
- VAT number
- BE 0400.902.582
- Registered office
- Rodestraat 125, 1630 Linkebeek
- Names & denominations
- Laboratoire belge de l'Industrie Electrique · Laborelec · Belgisch Laboratorium van Elektriciteitsindustrie
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 April 1962
- Peppol
- Active · Active since 15 Dec 2025
- Contact
- engie.com
- Activities · NACE
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