Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 12.7 to 10.9.
Financials
Financial year 2025
ELECTRO - BERTELS from Balen, company number BE0419944474, closed financial year 2025 with a result of € 5,824 after tax. For that financial year ELECTRO - BERTELS recorded a gross margin of € 785,726 and equity of € 1.5 million. Compared with financial year 2024, the result moved from € 221,497 to € 5,824. 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 June 29, 2026.
€ 1.5 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,824
▼ 97% vs 2024
Profit after tax over the fiscal year.
€ 156,877
▲ 30% 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 € 1.4 million.
People and assets in 2025
10.9
▼ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 722,751
▼ 10% vs 2024
€ 66,300 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.
€ 42,455
▼ 40% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 240,960
▼ 17% vs 2024
€ 91,987 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 113,145
▼ 51% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 87,785
▲ 4% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 942,284 | € 1,052,393 | € 1,176,797 | € 785,726 | ▼ 33% |
| Profit after taxes | € 75,696 | € 110,514 | € 221,497 | € 5,824 | ▼ 97% |
| Equity | € 1,127,206 | € 1,237,720 | € 1,459,217 | € 1,465,041 | |
| Total debts | € 738,264 | € 586,571 | € 1,003,764 | € 441,890 | ▼ 56% |
| Cash | € 302,278 | € 223,542 | € 120,306 | € 156,877 | ▲ 30% |
| Land & buildings | € 25,524 | € 30,386 | € 24,044 | € 17,701 | ▼ 26% |
| Retained profit | € 1,077,606 | € 1,176,160 | € 1,397,657 | € 1,403,481 | |
| Dividend | € 121,942 | € 0 | € 0 | € 0 | |
| Bank debt | € 490,013 | € 390,935 | € 291,257 | € 240,960 | ▼ 17% |
| Balance sheet total | € 1,865,470 | € 1,824,291 | € 2,462,981 | € 1,906,932 | ▼ 23% |
| Employees (FTE) | 13.2 | 12.7 | 12 | 10.9 | ▼ 1.1 |
Key figures of ELECTRO - BERTELS, 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 ELECTRO - BERTELS?
What happened at ELECTRO - BERTELS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 5,824 (▼ 97% vs 2024). Source: NBB ↗
- Bert Bertels became a director. NBB
- New establishment in Balen. KBO
- Start of the company according to the CBE. KBO
In short
From € 75,696 profit in 2022 to € 5,824 profit in 2025.
Paid € 221,728 in corporate taxes since 2022.
Best year ever: 2024, with € 221,497 profit.
On average € 72,100 of value added per employee in 2025.
Management
Behind ELECTRO - BERTELS are Bert Bertels and August Bertels. Bert Bertels is also behind CLAESEN.
Directors
According to the 2025 annual accounts
since 2012
August Bertels
Manager
Establishments
Establishment units
Physical locations of this company
Benoit Jansenstraat 4
2490 Balen
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
- 0419.944.474
- VAT number
- BE 0419.944.474
- Registered office
- Benoit Jansenstraat 4, 2490 Balen
- Names & denominations
- ELECTRO - BERTELS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 November 1979
- Peppol
- Active · Active since 2 Jul 2025
- Activities · NACE
Elektrische installatie
Algemene elektrotechnische installatiewerken
Detailhandel in elektrische huishoudapparaten
Detailhandel in verlichtingsartikelen
Detailhandel in artikelen voor verlichting en woninginrichting
Detailhandel in elektrische huishoudapparaten en in audio- en videoapparatuur
Detailhandel in verlichtingsartikelen in gespecialiseerde winkels