Financials
Financial year 2025
Belgian German Electronic Corporation from Dilbeek, company number BE0403103393, closed financial year 2025 with a result of € 788,149 after tax. For that financial year Belgian German Electronic Corporation recorded revenue of € 18.3 million and equity of € 13.6 million. Compared with financial year 2024, the result moved from € 870,732 to € 788,149. 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 December 17, 2025.
€ 13.6 million
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 788,149
▼ 9% vs 2024
Profit after tax over the fiscal year.
€ 1.5 million
▼ 6% 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 € 9.1 million.
People and assets in 2025
23.7
▲ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.2 million
▲ 5% vs 2024
€ 93,100 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.
€ 118,942
▲ 15% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3 million
▼ 12% vs 2024
€ 400,000 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 364,988
▼ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 9 days on average.
€ 630,357
▲ 32% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 16,520,326 | € 20,022,944 | € 17,984,017 | € 18,338,175 | ▲ 2% |
| Profit after taxes | € 1,058,550 | € 1,449,930 | € 870,732 | € 788,149 | ▼ 9% |
| Equity | € 10,513,161 | € 11,963,092 | € 12,833,824 | € 13,567,778 | ▲ 6% |
| Total debts | € 6,085,404 | € 5,856,465 | € 4,568,655 | € 4,498,011 | ▼ 2% |
| Cash | € 831,403 | € 1,218,620 | € 1,594,716 | € 1,499,162 | ▼ 6% |
| Retained profit | € 6,082,793 | € 7,532,723 | € 8,403,456 | € 9,137,410 | ▲ 9% |
| Bank debt | € 3,700,000 | € 4,700,000 | € 3,400,000 | € 3,000,000 | ▼ 12% |
| Balance sheet total | € 16,629,058 | € 17,862,804 | € 17,452,872 | € 18,150,941 | ▲ 4% |
| Employees (FTE) | 22.1 | 22.1 | 23.1 | 23.7 | ▲ 0.6 |
Key figures of Belgian German Electronic Corporation, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Belgian German Electronic Corporation?
What happened at Belgian German Electronic Corporation in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Marc De Bauw stepped down as director. NBB
- Pierre Denjean stepped down as director. NBB
- Holding De Bauw CommV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 788,149 (▼ 9% vs 2024). Source: NBB ↗
- Marc De Bauw became a director. NBB
- Pierre Denjean became a director. NBB
- Holding De Bauw CommV became a director. NBB
- New establishment in Dilbeek. KBO
In short
From € 1.1 million profit in 2022 to € 788,149 profit in 2025.
Paid € 1.5 million in corporate taxes since 2022.
Best year ever: 2023, with € 1.4 million profit.
Pays suppliers within 9 days on average.
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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 →
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Management
It owns 100% of Hit Music SAS itself.
Directors
According to the 2025 annual accounts
Marc De Bauw
Director
since 2022 · until 2027
Pierre Denjean
Director
since 2022 · until 2027
Afgevaardigd Bestuurder · represented by Luc De Bauw
since 2022 · until 2027
Establishments
Establishment units
Physical locations of this company
't Hofveld 2C
1702 Dilbeek
't Hofveld 2
1702 Dilbeek
Active since 1 May 1961
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0403.103.393
- VAT number
- BE 0403.103.393
- Registered office
- 't Hofveld 2C, 1702 Dilbeek
- Names & denominations
- Belgian German Electronic Corporation · Beglec
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1961
- Peppol
- Active · Active since 4 Jun 2025
- Contact
- 02/481 70 85
- Activities · NACE
Groothandel in elektrische huishoudelijke apparaten en audio- en videoapparatuur