Financials
Financial year 2025
ALGEMENE ELEKTRICITEIT DE MULDER from Gavere, company number BE0412830218, closed financial year 2025 with a result of € 445,219 after tax. For that financial year ALGEMENE ELEKTRICITEIT DE MULDER recorded a gross margin of € 2.9 million and equity of € 3.5 million. Compared with financial year 2024, the result moved from € 287,668 to € 445,219. Profitable, and profit is growing. 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 June 9, 2026.
€ 3.5 million
▲ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 445,219
▲ 55% vs 2024
Profit after tax over the fiscal year.
€ 295,266
▼ 63% 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 € 3.3 million.
People and assets in 2025
28.9
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.1 million
▲ 5% vs 2024
€ 71,300 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.
€ 260,271
▼ 1% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 660,000
▼ 27% vs 2024
€ 240,000 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 643,592
▲ 80% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 220,858
▼ 15% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,072,356 | € 3,277,005 | € 2,594,181 | € 2,888,531 | ▲ 11% |
| Profit after taxes | € 142,752 | € 324,306 | € 287,668 | € 445,219 | ▲ 55% |
| Equity | € 2,760,412 | € 2,922,718 | € 3,075,386 | € 3,520,605 | ▲ 14% |
| Total debts | € 1,081,092 | € 2,156,363 | € 1,653,907 | € 1,549,796 | ▼ 6% |
| Cash | € 641,130 | € 1,178,585 | € 798,975 | € 295,266 | ▼ 63% |
| Land & buildings | € 363,543 | € 1,487,264 | € 1,428,582 | € 1,371,086 | ▼ 4% |
| Retained profit | € 2,648,860 | € 2,699,614 | € 2,852,282 | € 3,297,501 | ▲ 16% |
| Dividend | € 0 | € 162,000 | € 135,000 | € 0 | ▼ 100% |
| Bank debt | € 0 | € 1,140,000 | € 900,000 | € 660,000 | ▼ 27% |
| Balance sheet total | € 3,841,504 | € 5,079,081 | € 4,729,293 | € 5,070,402 | ▲ 7% |
| Employees (FTE) | 30.6 | 29.4 | 28.6 | 28.9 | ▲ 0.3 |
Key figures of ALGEMENE ELEKTRICITEIT DE MULDER, 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 ALGEMENE ELEKTRICITEIT DE MULDER?
What happened at ALGEMENE ELEKTRICITEIT DE MULDER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Filip De Bruyne stepped down as director. NBB
- Wim Van Bellingen stepped down as director. NBB
- Pascal Achiel De Mulder stepped down as director. NBB
- René Schepens stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 445,219 (▲ 55% vs 2024). Source: NBB ↗
- Christian Corijn stepped down as director. NBB
- Wim Van Bellingen became a director. NBB
- Pascal Achiel De Mulder became a director. NBB
In short
From € 142,752 profit in 2022 to € 445,219 profit in 2025.
Paid € 518,581 in corporate taxes since 2022.
Best year ever: 2025, with € 445,219 profit.
On average € 99,900 of value added per employee in 2025.
Management
The stake of Advices for Technical Systems comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ALGEMENE ELEKTRICITEIT DE MULDERThe shares are held by Advices for Technical Systems (85%).
Directors
According to the 2025 annual accounts
since 2023 · until 2029
René Schepens
Director
Also active at: Chauffage Coussement, VDC ROESELARE, ATS Antwerp, ACAR, Gezel, Emaco International, Advices for Technical Systems, DE JONGE LUC +22 more
since 2022 · until 2028
Christian Corijn
Director
Also active at: VDC ROESELARE, ATS Antwerp, Emaco International, Advices for Technical Systems, Autrosystems, ELEKTRIEK, All Professional Services, Elektro - Tech. V.V.V. +8 more
since 2022 · until 2026
Filip De Bruyne
Director
Also active at: MARKETING CONSULTING ENGINEERING, EDCO SERVICE, NAESSENS H.V.AC., Smart Dog Management
· until 2032
Wim Van Bellingen
Director
since 2024 · until 2030
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Leenstraat 61
9890 Gavere
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0412.830.218
- VAT number
- BE 0412.830.218
- Registered office
- Leenstraat 61, 9890 Gavere
- Names & denominations
- ALGEMENE ELEKTRICITEIT DE MULDER
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 January 1973
- Peppol
- Active · Active since 2 Sept 2025
- Activities · NACE
Algemene elektrotechnische installatiewerken
Elektrische installatie