Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Shrinking team NBB
FTE fell two years in a row, from 9.5 to 8.5.
Financials
Financial year 2025
Electro-Mandel from Roeselare, company number BE0405561453, closed financial year 2025 with a result of € -4,783 after tax. For that financial year Electro-Mandel recorded a gross margin of € 628,348 and equity of € 719,458. Compared with financial year 2024, the result moved from € -25,003 to € -4,783. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on February 13, 2026.
€ 719,458
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,783
▲ 81 % less loss than in 2024
Profit after tax over the fiscal year.
€ 103,923
▼ 32% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 622,208.
People and assets in 2025
8.5
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 511,612
▼ 8% vs 2024
€ 60,200 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.
€ 35,796
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 471,499
▼ 20% vs 2024
€ 90,000 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 505,160
▼ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 92,788
▲ 7% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 617,088 | € 616,116 | € 637,518 | € 628,348 | ▼ 1% |
| Profit after taxes | € -1,022 | € 8,316 | € -25,003 | € -4,783 | ▲ € 20,220 |
| Equity | € 740,927 | € 749,243 | € 724,241 | € 719,458 | ▼ 1% |
| Total debts | € 657,916 | € 785,453 | € 1,417,882 | € 1,262,875 | ▼ 11% |
| Cash | € 44,386 | € 79,908 | € 152,573 | € 103,923 | ▼ 32% |
| Land & buildings | € 81,911 | € 70,130 | € 73,695 | € 63,235 | ▼ 14% |
| Retained profit | € 643,677 | € 651,993 | € 626,991 | € 622,208 | ▼ 1% |
| Bank debt | € 100,321 | € 263,119 | € 587,202 | € 471,499 | ▼ 20% |
| Balance sheet total | € 1,398,843 | € 1,534,696 | € 2,142,123 | € 1,982,332 | ▼ 7% |
| Employees (FTE) | 10 | 9.5 | 8.9 | 8.5 | ▼ 0.4 |
Key figures of Electro-Mandel, 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 Electro-Mandel?
What happened at Electro-Mandel in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 4,783. filed late Source: NBB ↗
- New establishment in Nieuwpoort. KBO
- Melanie Beernaert became a director. NBB
- LERI BV became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Roeselare. KBO
In short
From € 1,022 loss in 2022 to € 4,783 loss in 2025.
Paid € 18,887 in corporate taxes since 2022.
Best year ever: 2023, with € 8,316 profit.
On average € 73,900 of value added per employee in 2025.
Management
The stake of LERI comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Electro-MandelBehind Electro-Mandel are Rik Leenknecht, Melanie Beernaert and LERI BV. The shares are held by LERI (99.4%).
Establishments
Establishment units
Physical locations of this company
Koning Albert I-laan 19
8800 Roeselare
Marktstraat 52
8620 Nieuwpoort
Active since 1 January 2020
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
- 0405.561.453
- VAT number
- BE 0405.561.453
- Registered office
- Koning Albert I-laan 19, 8800 Roeselare
- Names & denominations
- Electro-Mandel
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 September 1966
- Peppol
- Active · Active since 8 Oct 2025
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