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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Figures corrected NBB
Corrected annual account filed for 2022.
Financials
Financial year 2025
Electriciteitswerken Decaigny Freddy from Waregem, company number BE0422391349, closed financial year 2025 with a result of € 152,813 after tax. For that financial year Electriciteitswerken Decaigny Freddy recorded a gross margin of € 2.9 million and equity of € 4.9 million. Compared with financial year 2024, the result moved from € 360,217 to € 152,813. 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 February 27, 2026.
€ 4.9 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 152,813
▼ 58% vs 2024
Profit after tax over the fiscal year.
€ 463,395
▼ 64% 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 € 4.7 million.
People and assets in 2025
33
▲ 1.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.4 million
▲ 11% vs 2024
€ 74,000 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.
€ 200,555
▲ 3% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 776,454
▲ 58% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 248,777
▲ 67% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 9,923,816 | € 10,719,074 | € 7,248,419 | - | |
| Gross margin | - | - | - | € 2,862,440 | |
| Profit after taxes | € 28,704 | € 572,423 | € 360,217 | € 152,813 | ▼ 58% |
| Equity | € 4,142,883 | € 4,415,306 | € 4,775,523 | € 4,928,336 | ▲ 3% |
| Total debts | € 2,142,418 | € 1,767,846 | € 1,142,213 | € 1,402,857 | ▲ 23% |
| Cash | € 804,857 | € 950,805 | € 1,303,337 | € 463,395 | ▼ 64% |
| Land & buildings | € 1,948,620 | € 1,834,808 | € 1,859,296 | € 1,749,925 | ▼ 6% |
| Retained profit | € 3,942,883 | € 4,215,306 | € 4,575,523 | € 4,728,336 | ▲ 3% |
| Dividend | € 0 | € 300,000 | € 0 | € 0 | |
| Bank debt | € 320,557 | € 118,524 | € 0 | € 0 | |
| Balance sheet total | € 6,285,301 | € 6,183,152 | € 5,917,736 | € 6,331,193 | ▲ 7% |
| Employees (FTE) | 37.2 | 34.5 | 31.6 | 33 | ▲ 1.4 |
Key figures of Electriciteitswerken Decaigny Freddy, 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 Electriciteitswerken Decaigny Freddy?
What happened at Electriciteitswerken Decaigny Freddy in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 152,813 (▼ 58% vs 2024). filed late Source: NBB ↗
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 28,704 profit in 2022 to € 152,813 profit in 2025.
Paid € 446,179 in corporate taxes since 2022.
Best year ever: 2023, with € 572,423 profit.
On average € 86,700 of value added per employee in 2025.
A new publication or filing at Electriciteitswerken Decaigny Freddy? We notify you, reason included.
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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 →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of DECAB comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Electriciteitswerken Decaigny FreddyBehind Electriciteitswerken Decaigny Freddy is Christophe Decaigny. The shares are held by DECAB (99.5%).
Directors
According to the 2025 annual accounts
Shareholders
99.5%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Flanders-Fieldweg 36
8790 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0422.391.349
- VAT number
- BE 0422.391.349
- Registered office
- Flanders-Fieldweg 36, 8790 Waregem
- Names & denominations
- Electriciteitswerken Decaigny Freddy · E.D.F.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 January 1982
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Algemene elektrotechnische installatiewerken
Elektrische installatie