Financials
Financial year 2025
ELECTRICITEITSWERKEN NUYTS from Balen, company number BE0431505191, closed financial year 2025 with a result of € 3.1 million after tax. For that financial year ELECTRICITEITSWERKEN NUYTS recorded revenue of € 31.2 million and equity of € 6 million. Compared with financial year 2024, the result moved from € 2.7 million to € 3.1 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 July 7, 2026.
€ 6 million
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3.1 million
▲ 13% vs 2024
Profit after tax over the fiscal year.
€ 2.5 million
▼ 36% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2.5 million paid out
80 % of the profit went to the shareholders, mostly to EQUANS Services (100 % of the shares). That is where the money ends up.
People and assets in 2025
72.8
▲ 8.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 5.7 million
▲ 18% vs 2024
€ 78,900 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.
€ 411,551
▲ 60% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 49,954
▼ 26% vs 2024
€ 18,650 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 2.8 million
▼ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 47 days on average.
€ 1.2 million
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 13,747,476 | € 18,612,071 | € 26,216,112 | € 31,183,218 | ▲ 19% |
| Profit after taxes | € 786,022 | € 1,009,951 | € 2,728,937 | € 3,076,445 | ▲ 13% |
| Equity | € 4,704,558 | € 4,903,509 | € 5,428,446 | € 6,047,891 | ▲ 11% |
| Total debts | € 3,221,824 | € 5,546,307 | € 9,339,134 | € 8,757,915 | ▼ 6% |
| Cash | € 534,416 | € 867,298 | € 3,837,406 | € 2,462,305 | ▼ 36% |
| Retained profit | € 4,604,558 | € 4,803,509 | € 5,328,446 | € 5,947,891 | ▲ 12% |
| Dividend | € 0 | € 811,000 | € 2,204,000 | € 2,457,000 | ▲ 11% |
| Bank debt | € 404,613 | € 85,602 | € 67,767 | € 49,954 | ▼ 26% |
| Balance sheet total | € 7,929,194 | € 10,451,504 | € 14,768,143 | € 14,805,806 | |
| Employees (FTE) | 59.2 | 63.2 | 64.6 | 72.8 | ▲ 8.2 |
Key figures of ELECTRICITEITSWERKEN NUYTS, 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 ELECTRICITEITSWERKEN NUYTS?
What happened at ELECTRICITEITSWERKEN NUYTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Nicolas Rogez stepped down as director. NBB
- Xavier Allard stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 3.1 million (▲ 13% vs 2024). Source: NBB ↗
- Hans Verlinde stepped down as director. NBB
- Jo Nuyts stepped down as director. NBB
- Wim Nuyts stepped down as director. NBB
- Nicolas Rogez became a director. NBB
- Xavier Allard became a director. NBB
In short
From € 786,022 profit in 2022 to € 3.1 million profit in 2025.
Paid € 2.9 million in corporate taxes since 2022.
Best year ever: 2025, with € 3.1 million profit.
Paid out € 5.5 million in dividends to the owners in total.
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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 EQUANS Services comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ELECTRICITEITSWERKEN NUYTSThe shares are held by EQUANS Services (100%).
Directors
According to the 2025 annual accounts
Nicolas Rogez
Chairman of the board
Also active at: ISB BUILDING TECHNICS, EQUANS Services, TECHNICAL EQUIPMENT MAINTENANCE-TECHNILIFT, THERMOCO, VANDEWALLE, GLOBAL SERVICES, PISCINE DE JONFOSSE, Hamaco +1 more
since 2025 · until 2028
Hans Verlinde
Managing director
since 2022 · until 2026
Jo Nuyts
Director
Also active at: Algemene Bouwwerken Huygens, EIA - TECHNICS, Kempische BordenBouw, NUMAN, Panel Vision Group
since 2022 · until 2026
since 2022 · until 2026
Xavier Allard
Director
since 2024 · until 2028
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Puttestraat 24
2490 Balen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0431.505.191
- VAT number
- BE 0431.505.191
- Registered office
- Puttestraat 24, 2490 Balen
- Names & denominations
- ELECTRICITEITSWERKEN NUYTS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 June 1987
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Algemene elektrotechnische installatiewerken
Elektrische installatie