Financials
Financial year 2025
Belectro from Etterbeek, company number BE0406856602, closed financial year 2025 with a result of € -63,800 after tax. For that financial year Belectro recorded a gross margin of € 464,045 and equity of € 409,565. Compared with financial year 2024, the result moved from € 15,224 to € -63,800. 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 September 11, 2026.
€ 409,565
▼ 26% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -63,800
▼ still € 15,224 profit in 2024
Profit after tax over the fiscal year.
€ 55,116
▼ 24% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 390,973.
People and assets in 2025
€ 487,016
▼ 10% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 60,960
▼ 8% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 58,867
▲ 195% vs 2024
Loans from banks and other lenders, long and short.
€ 487,849
▲ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,101
▼ 79% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 767,110 | € 850,590 | € 595,508 | € 464,045 | ▼ 22% |
| Profit after taxes | € 323,606 | € 110,749 | € 15,224 | € -63,800 | ▼ € 79,024 |
| Equity | € 546,813 | € 657,562 | € 552,815 | € 409,565 | ▼ 26% |
| Total debts | € 682,664 | € 836,038 | € 514,711 | € 593,517 | ▲ 15% |
| Cash | € 301,532 | € 199,785 | € 72,311 | € 55,116 | ▼ 24% |
| Retained profit | € 528,221 | € 638,970 | € 534,223 | € 390,973 | ▼ 27% |
| Bank debt | € 6,625 | € 26,625 | € 19,926 | € 58,867 | ▲ 195% |
| Balance sheet total | € 1,229,477 | € 1,493,600 | € 1,067,526 | € 1,003,083 | ▼ 6% |
| Employees (FTE) | 12.7 | 12.9 | - | - |
Key figures of Belectro, 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 Belectro?
What happened at Belectro in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 63,800 (▼ € 79,024 vs 2024). filed late Source: NBB ↗
- New establishment in Etterbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 323,606 profit in 2022 to € 63,800 loss in 2025.
Paid € 180,651 in corporate taxes since 2022.
Best year ever: 2022, with € 323,606 profit.
On average € 65,900 of value added per employee in 2023.
Management
Behind Belectro is Angel LAZARO de la IGLESIA.
Directors
According to the 2025 annual accounts
Angel LAZARO de la IGLESIA
Manager
Establishments
Establishment units
Physical locations of this company
Jules Maloulaan 40
1040 Etterbeek
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0406.856.602
- VAT number
- BE 0406.856.602
- Registered office
- Jules Maloulaan 40, 1040 Etterbeek
- Names & denominations
- Belectro
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 September 1969
- Peppol
- Active · Active since 23 Dec 2025
- Activities · NACE
Algemene elektrotechnische installatiewerken
Vervaardiging van consumentenelektronica
Vervaardiging van audio- en videoapparatuur
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Sanitaire werkzaamheden