What does ELECTRO PROJECT do?

ELECTRO PROJECT is an engineering firm in Deinze. Public Limited, started on 1 August 1985, 1 establishment.

What is the address of ELECTRO PROJECT?

The registered office of ELECTRO PROJECT is located at Karrewegstraat 50, 9800 Deinze.

Is ELECTRO PROJECT still active?

Yes. According to the CBE (30 October 2026) ELECTRO PROJECT is active, legal situation “Normale toestand”, started on 1 August 1985.

Is ELECTRO PROJECT registered on Peppol?

Yes, ELECTRO PROJECT is registered on the Peppol network with ID 0208:0427573426.

What is the enterprise number of ELECTRO PROJECT?

The enterprise number of ELECTRO PROJECT is BE0427573426.

When was ELECTRO PROJECT founded?

ELECTRO PROJECT was founded on 1 August 1985.

Who are the directors of ELECTRO PROJECT?

According to the 2025 annual accounts, the directors of ELECTRO PROJECT are: Karel DEWULF.

Is ELECTRO PROJECT a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 August 1985; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did ELECTRO PROJECT make in 2025?

ELECTRO PROJECT posted a profit after taxes of € 8,806,445 in financial year 2025.

What is the revenue of ELECTRO PROJECT?

As a small company, ELECTRO PROJECT is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 2,925,310.

How much does an employee at ELECTRO PROJECT earn?

The average wage cost per full-time employee at ELECTRO PROJECT was € 113,400 in 2025: staff costs of € 941,382 for 8.3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does ELECTRO PROJECT have?

According to the 2025 annual accounts, ELECTRO PROJECT has 8.3 full-time equivalents (FTE).

ELECTRO PROJECT (Public Limited) - Deinze - BE0427573426

Dossier ELECTRO PROJECT, printed on 30 October 2026 from databakkes.be/en/0427573426/electro-project. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

ELECTRO PROJECT from Deinze, company number BE0427573426, closed financial year 2025 with a result of € 8.8 million after tax. For that financial year ELECTRO PROJECT recorded a gross margin of € 2.9 million and equity of € 41.9 million. Compared with financial year 2024, the result moved from € 7.1 million to € 8.8 million. 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 September 5, 2025.

What it is worth Growing

€ 41.9 million

▲ 19% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 8.8 million

▲ 25% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1.8 million

▲ 83% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 2 million paid out

23 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents

8.3

▲ 0.5 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 941,382

▲ 9% vs 2024

€ 113,400 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.

Vehicles and equipment

€ 132,711

▼ 27% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 25,816

▲ 67% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 196,430

▲ 14% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 3,657,971 Gross margin 2022: € 3,657,971 First fiscal year in the series	€ 3,793,777 Gross margin 2023: € 3,793,777 ▲ 4% vs 2022 (€ 3,657,971) Favourable step	€ 3,348,990 Gross margin 2024: € 3,348,990 ▼ 12% vs 2023 (€ 3,793,777) Unfavourable step	€ 2,925,310 Gross margin 2025: € 2,925,310 ▼ 13% vs 2024 (€ 3,348,990) Unfavourable step	▼ 13%
Profit after taxes	€ 2,074,938 Profit after taxes 2022: € 2,074,938 First fiscal year in the series	€ 4,123,758 Profit after taxes 2023: € 4,123,758 ▲ 99% vs 2022 (€ 2,074,938) Favourable step	€ 7,053,494 Profit after taxes 2024: € 7,053,494 ▲ 71% vs 2023 (€ 4,123,758) Favourable step	€ 8,806,445 Profit after taxes 2025: € 8,806,445 ▲ 25% vs 2024 (€ 7,053,494) Favourable step	▲ 25%
Equity	€ 26,707,334 Equity 2022: € 26,707,334 First fiscal year in the series	€ 30,031,092 Equity 2023: € 30,031,092 ▲ 12% vs 2022 (€ 26,707,334) Favourable step	€ 35,075,436 Equity 2024: € 35,075,436 ▲ 17% vs 2023 (€ 30,031,092) Favourable step	€ 41,872,522 Equity 2025: € 41,872,522 ▲ 19% vs 2024 (€ 35,075,436) Favourable step	▲ 19%
Total debts	€ 176,681 Total debts 2022: € 176,681 First fiscal year in the series	€ 1,013,975 Total debts 2023: € 1,013,975 ▲ € 837,294 vs 2022 (€ 176,681) Unfavourable step	€ 2,197,216 Total debts 2024: € 2,197,216 ▲ 117% vs 2023 (€ 1,013,975) Unfavourable step	€ 2,223,797 Total debts 2025: € 2,223,797 ▲ 1% vs 2024 (€ 2,197,216) Unfavourable step	▲ 1%
Cash	€ 9,330,385 Cash 2022: € 9,330,385 First fiscal year in the series	€ 4,719,475 Cash 2023: € 4,719,475 ▼ 49% vs 2022 (€ 9,330,385) Unfavourable step	€ 968,326 Cash 2024: € 968,326 ▼ 79% vs 2023 (€ 4,719,475) Unfavourable step	€ 1,774,727 Cash 2025: € 1,774,727 ▲ 83% vs 2024 (€ 968,326) Favourable step	▲ 83%
Retained profit	€ 26,645,134 Retained profit 2022: € 26,645,134 First fiscal year in the series	€ 29,968,892 Retained profit 2023: € 29,968,892 ▲ 12% vs 2022 (€ 26,645,134) Favourable step	€ 35,013,236 Retained profit 2024: € 35,013,236 ▲ 17% vs 2023 (€ 29,968,892) Favourable step	€ 41,810,322 Retained profit 2025: € 41,810,322 ▲ 19% vs 2024 (€ 35,013,236) Favourable step	▲ 19%
Dividend	€ 250,000 Dividend 2022: € 250,000 First fiscal year in the series	€ 800,000 Dividend 2023: € 800,000 ▲ 220% vs 2022 (€ 250,000) Unchanged	€ 2,000,000 Dividend 2024: € 2,000,000 ▲ 150% vs 2023 (€ 800,000) Unchanged	€ 2,000,000 Dividend 2025: € 2,000,000 Unchanged (€ 2,000,000) Unchanged
Balance sheet total	€ 26,884,015 Balance sheet total 2022: € 26,884,015 First fiscal year in the series	€ 31,045,067 Balance sheet total 2023: € 31,045,067 ▲ 15% vs 2022 (€ 26,884,015) Unchanged	€ 37,272,652 Balance sheet total 2024: € 37,272,652 ▲ 20% vs 2023 (€ 31,045,067) Unchanged	€ 44,096,319 Balance sheet total 2025: € 44,096,319 ▲ 18% vs 2024 (€ 37,272,652) Unchanged	▲ 18%
Employees (FTE)	7.8 Employees (FTE) 2022: 7.8 First fiscal year in the series	7.8 Employees (FTE) 2023: 7.8 Unchanged (7.8) Unchanged	7.8 Employees (FTE) 2024: 7.8 Unchanged (7.8) Unchanged	8.3 Employees (FTE) 2025: 8.3 ▲ 0.5 vs 2024 (7.8) Unchanged	▲ 0.5

Key figures of ELECTRO PROJECT, 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 October 2026.

What happened to ELECTRO PROJECT?

What happened at ELECTRO PROJECT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2026 Karel DEWULF stepped down as director. NBB
Sep 5, 2025 New annual accounts for financial year 2025: profit of € 8.8 million (▲ 25% vs 2024). Source: NBB ↗
Aug 1, 1985 New establishment in Deinze. KBO
Aug 1, 1985 Start of the company according to the CBE. KBO

In short

From € 2.1 million profit in 2022 to € 8.8 million profit in 2025.

Paid € 2.7 million in corporate taxes since 2022.

Best year ever: 2025, with € 8.8 million profit.

On average € 352,400 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

ELECTRO PROJECT

Stagobel 100%

COPAR 99%

It owns 100% of Stagobel and 99% of COPAR itself.

Directors

According to the 2025 annual accounts

Karel DEWULF

Director

Also active at: COPAR

· until 2026

Establishments

Establishment units

Physical locations of this company

Registered office

Karrewegstraat 50

9800 Deinze

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 →

Stagobel same network

€ 6.8 million gross margin · 2025

COPAR same network

€ 395,814 gross margin · 2025

BE STAGOBEL

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0427.573.426

VAT number

BE 0427.573.426

Registered office

Karrewegstraat 50, 9800 Deinze

Names & denominations

ELECTRO PROJECT

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

1 August 1985

Peppol

Active · Active since 1 Dec 2025

Activities · NACE

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View on CBE Public ↗ Annual accounts (NBB) ↗

ELECTRO PROJECT

Financials

What happened to ELECTRO PROJECT?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions