Financials
Financial year 2025
M.D. ELECTRIC - RENOVATION from Jette, company number BE0429106818, closed financial year 2025 with a result of € 2,854 after tax. For that financial year M.D. ELECTRIC - RENOVATION recorded a gross margin of € 64,100 and equity of € 18,652. Compared with financial year 2024, the result moved from € 1,764 to € 2,854. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.
€ 18,652
▲ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,854
▲ 62% vs 2024
Profit after tax over the fiscal year.
€ 35,843
▲ 25% 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 € -98.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 54,916
▲ 2% 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.
€ 35,059
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 32,437
€ 6,236 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 8,665
▲ € 8,162 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,738
▼ 9% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 63,896 | € 84,926 | € 62,123 | € 64,100 | ▲ 3% |
| Profit after taxes | € 1,938 | € 2,473 | € 1,764 | € 2,854 | ▲ 62% |
| Equity | € 11,560 | € 14,033 | € 15,797 | € 18,652 | ▲ 18% |
| Total debts | € 39,458 | € 25,801 | € 35,848 | € 78,990 | ▲ 120% |
| Cash | € 18,405 | € 16,832 | € 28,667 | € 35,843 | ▲ 25% |
| Retained profit | € -7,190 | € -4,717 | € -2,953 | € -98 | ▲ € 2,854 |
| Bank debt | € 15,405 | € 2,674 | € 0 | € 32,437 | |
| Balance sheet total | € 51,017 | € 39,834 | € 51,645 | € 97,641 | ▲ 89% |
Key figures of M.D. ELECTRIC - RENOVATION, 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 M.D. ELECTRIC - RENOVATION?
What happened at M.D. ELECTRIC - RENOVATION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,854 (▲ 62% vs 2024). Source: NBB ↗
- Eduardo Xhika became a director. NBB
- New establishment in Jette. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,938 profit in 2022 to € 2,854 profit in 2025.
Paid € 10,574 in corporate taxes since 2022.
Best year ever: 2025, with € 2,854 profit.
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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
Behind M.D. ELECTRIC - RENOVATION is Eduardo Xhika.
Directors
According to the 2025 annual accounts
Eduardo Xhika
Director
since 2017
Establishments
Establishment units
Physical locations of this company
Van Swaestraat 10
1090 Jette
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0429.106.818
- VAT number
- BE 0429.106.818
- Registered office
- Van Swaestraat 10, 1090 Jette
- Names & denominations
- M.D. ELECTRIC - RENOVATION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 June 1986
- Peppol
- Active · Active since 10 Dec 2025
- Activities · NACE
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