Financials
Financial year 2025
ELECTRICITE GENERALE J.J.B. from Vielsalm, company number BE0431481041, closed financial year 2025 with a result of € -265,416 after tax. For that financial year ELECTRICITE GENERALE J.J.B. recorded a gross margin of € 446,653 and equity of € 759,544. Compared with financial year 2025, the result moved from € 64,388 to € -265,416. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 18, 2026.
€ 759,544
▼ 40% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -265,416
▼ still € 64,388 profit in 2025
Profit after tax over the fiscal year.
€ 389,371
▼ 24% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 682,654.
People and assets in 2025
15.1
▼ 0.4 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 653,590
▼ 18% vs 2025
€ 43,300 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.
€ 119,255
▲ 59% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 122,498
▲ 54% vs 2025
€ 47,053 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 567,914
▲ 21% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 160,031
▲ 101% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2025 | Change 2025 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 798,058 | € 1,101,102 | € 937,729 | € 446,653 | ▼ 52% |
| Profit after taxes | € 102,498 | € 216,589 | € 64,388 | € -265,416 | ▼ € 329,804 |
| Equity | € 976,539 | € 1,192,780 | € 1,256,820 | € 759,544 | ▼ 40% |
| Total debts | € 902,604 | € 859,754 | € 630,468 | € 1,025,694 | ▲ 63% |
| Cash | € 787,499 | € 931,660 | € 511,883 | € 389,371 | ▼ 24% |
| Land & buildings | € 177,432 | € 170,457 | € 185,798 | € 215,170 | ▲ 16% |
| Retained profit | € 898,693 | € 1,115,282 | € 1,179,669 | € 682,654 | ▼ 42% |
| Dividend | € 0 | € 0 | € 0 | € 231,600 | |
| Bank debt | € 131,435 | € 110,462 | € 79,508 | € 122,498 | ▲ 54% |
| Balance sheet total | € 1,879,143 | € 2,052,534 | € 1,887,288 | € 1,785,238 | ▼ 5% |
| Employees (FTE) | 14.3 | 15.1 | 15.5 | 15.1 | ▼ 0.4 |
Key figures of ELECTRICITE GENERALE J.J.B., fiscal years 2023 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 ELECTRICITE GENERALE J.J.B.?
What happened at ELECTRICITE GENERALE J.J.B. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Joo Pedro ANDRADE FERREIRA OLIVEIRA stepped down as director. NBB
- Aloyse WAGNER stepped down as director. NBB
- Pierre-Yves WILMOTTE stepped down as director. NBB
- Josy BURNOTTE stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 64,388 (▼ 70% vs 2024). Source: NBB ↗
- Joo Pedro ANDRADE FERREIRA OLIVEIRA became a director. NBB
- Aloyse WAGNER became a director. NBB
- Pierre-Yves WILMOTTE became a director. NBB
In short
From € 102,498 profit in 2023 to € 265,416 loss in 2025.
Paid € 144,314 in corporate taxes since 2023.
Best year ever: 2024, with € 216,589 profit.
On average € 29,600 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Joo Pedro ANDRADE FERREIRA OLIVEIRA
Director
since 2024 · until 2028
Aloyse WAGNER
Director
since 2024 · until 2028
since 2024 · until 2028
since 2024 · until 2028
Establishments
Establishment units
Physical locations of this company
Hébronval 25
6690 Vielsalm
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0431.481.041
- VAT number
- BE 0431.481.041
- Registered office
- Hébronval 25, 6690 Vielsalm
- Names & denominations
- ELECTRICITE GENERALE J.J.B.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 May 1987
- Peppol
- Active · Active since 20 Feb 2026
- Activities · NACE
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