What does ELECTRICITEITSWERKEN GIELEN do?

ELECTRICITEITSWERKEN GIELEN is an electrical contractor in Lommel. Public Limited, started on 6 October 1987, 1 establishment.

What is the address of ELECTRICITEITSWERKEN GIELEN?

The registered office of ELECTRICITEITSWERKEN GIELEN is located at Schoolstraat 65, 3920 Lommel.

Is ELECTRICITEITSWERKEN GIELEN still active?

Yes. According to the CBE (17 September 2026) ELECTRICITEITSWERKEN GIELEN is active, legal situation “Normale toestand”, started on 6 October 1987.

Is ELECTRICITEITSWERKEN GIELEN registered on Peppol?

Yes, ELECTRICITEITSWERKEN GIELEN is registered on the Peppol network with ID 0208:0432193693.

What is the enterprise number of ELECTRICITEITSWERKEN GIELEN?

The enterprise number of ELECTRICITEITSWERKEN GIELEN is BE0432193693.

When was ELECTRICITEITSWERKEN GIELEN founded?

ELECTRICITEITSWERKEN GIELEN was founded on 6 October 1987.

Who are the directors of ELECTRICITEITSWERKEN GIELEN?

According to the 2025 annual accounts, the directors of ELECTRICITEITSWERKEN GIELEN are: Oliver Nehring, Marinus Megens, Florian Jung.

Is ELECTRICITEITSWERKEN GIELEN a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 6 October 1987; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did ELECTRICITEITSWERKEN GIELEN make in 2025?

ELECTRICITEITSWERKEN GIELEN posted a profit after taxes of € 488,716 in financial year 2025.

What is the revenue of ELECTRICITEITSWERKEN GIELEN?

In its most recent annual accounts (2025), ELECTRICITEITSWERKEN GIELEN reported revenue of € 11,864,327.

How much does an employee at ELECTRICITEITSWERKEN GIELEN earn?

The average wage cost per full-time employee at ELECTRICITEITSWERKEN GIELEN was € 88,500 in 2025: staff costs of € 2.7 million for 30 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does ELECTRICITEITSWERKEN GIELEN have?

According to the 2025 annual accounts, ELECTRICITEITSWERKEN GIELEN has 30 full-time equivalents (FTE).

Does ELECTRICITEITSWERKEN GIELEN have a website?

Yes, ELECTRICITEITSWERKEN GIELEN has a website at gielen.be.

ELECTRICITEITSWERKEN GIELEN (Public Limited) - Lommel

Dossier ELECTRICITEITSWERKEN GIELEN, printed on 17 September 2026 from databakkes.be/en/0432193693/electriciteitswerken-gielen. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

ELECTRICITEITSWERKEN GIELEN from Lommel, company number BE0432193693, closed financial year 2025 with a result of € 488,716 after tax. For that financial year ELECTRICITEITSWERKEN GIELEN recorded revenue of € 11.9 million and equity of € 4.2 million. Compared with financial year 2024, the result moved from € 1.2 million to € 488,716. 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 July 17, 2026.

What it is worth Growing

€ 4.2 million

▲ 13% vs 2024

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

Profit Healthy

€ 488,716

▼ 58% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 543,115

▼ 53% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 4.1 million.

People and assets in 2025

Full-time equivalents

▼ 1.7 vs 2024

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

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 1.2 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 2.7 million

▼ 1% vs 2024

€ 88,500 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

€ 353,034

▲ 77% vs 2024

Of which on lease € 288,981.

Debts at end 2025

Bank debt ≈ 4 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 502,553

▼ 23% vs 2024

€ 76,903 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 1 million

▲ 10% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 40 days on average.

Taxes and wages

€ 622,328

▼ 7% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	-	-	-	€ 11,864,327 Revenue 2025: € 11,864,327 First fiscal year in the series
Gross margin	€ 2,869,189 Gross margin 2022: € 2,869,189 First fiscal year in the series	€ 4,091,041 Gross margin 2023: € 4,091,041 ▲ 43% vs 2022 (€ 2,869,189) Favourable step	€ 4,364,711 Gross margin 2024: € 4,364,711 ▲ 7% vs 2023 (€ 4,091,041) Favourable step	-
Profit after taxes	€ 507,876 Profit after taxes 2022: € 507,876 First fiscal year in the series	€ 1,229,598 Profit after taxes 2023: € 1,229,598 ▲ 142% vs 2022 (€ 507,876) Favourable step	€ 1,176,507 Profit after taxes 2024: € 1,176,507 ▼ 4% vs 2023 (€ 1,229,598) Unfavourable step	€ 488,716 Profit after taxes 2025: € 488,716 ▼ 58% vs 2024 (€ 1,176,507) Unfavourable step	▼ 58%
Equity	€ 1,661,746 Equity 2022: € 1,661,746 First fiscal year in the series	€ 2,541,345 Equity 2023: € 2,541,345 ▲ 53% vs 2022 (€ 1,661,746) Favourable step	€ 3,717,852 Equity 2024: € 3,717,852 ▲ 46% vs 2023 (€ 2,541,345) Favourable step	€ 4,206,568 Equity 2025: € 4,206,568 ▲ 13% vs 2024 (€ 3,717,852) Favourable step	▲ 13%
Total debts	€ 1,805,965 Total debts 2022: € 1,805,965 First fiscal year in the series	€ 2,415,983 Total debts 2023: € 2,415,983 ▲ 34% vs 2022 (€ 1,805,965) Unfavourable step	€ 2,248,731 Total debts 2024: € 2,248,731 ▼ 7% vs 2023 (€ 2,415,983) Favourable step	€ 2,136,332 Total debts 2025: € 2,136,332 ▼ 5% vs 2024 (€ 2,248,731) Favourable step	▼ 5%
Cash	€ 1,253,379 Cash 2022: € 1,253,379 First fiscal year in the series	€ 576,895 Cash 2023: € 576,895 ▼ 54% vs 2022 (€ 1,253,379) Unfavourable step	€ 1,153,439 Cash 2024: € 1,153,439 ▲ 100% vs 2023 (€ 576,895) Favourable step	€ 543,115 Cash 2025: € 543,115 ▼ 53% vs 2024 (€ 1,153,439) Unfavourable step	▼ 53%
Land & buildings	€ 20,655 Land & buildings 2022: € 20,655 First fiscal year in the series	€ 15,811 Land & buildings 2023: € 15,811 ▼ 23% vs 2022 (€ 20,655) Unchanged	€ 10,967 Land & buildings 2024: € 10,967 ▼ 31% vs 2023 (€ 15,811) Unchanged	€ 7,284 Land & buildings 2025: € 7,284 ▼ 34% vs 2024 (€ 10,967) Unchanged	▼ 34%
Retained profit	€ 1,569,771 Retained profit 2022: € 1,569,771 First fiscal year in the series	€ 2,449,370 Retained profit 2023: € 2,449,370 ▲ 56% vs 2022 (€ 1,569,771) Favourable step	€ 3,625,877 Retained profit 2024: € 3,625,877 ▲ 48% vs 2023 (€ 2,449,370) Favourable step	€ 4,114,593 Retained profit 2025: € 4,114,593 ▲ 13% vs 2024 (€ 3,625,877) Favourable step	▲ 13%
Dividend	€ 350,000 Dividend 2022: € 350,000 First fiscal year in the series	€ 350,000 Dividend 2023: € 350,000 Unchanged (€ 350,000) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 350,000) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 158,731 Bank debt 2022: € 158,731 First fiscal year in the series	€ 336,930 Bank debt 2023: € 336,930 ▲ 112% vs 2022 (€ 158,731) Unfavourable step	€ 652,570 Bank debt 2024: € 652,570 ▲ 94% vs 2023 (€ 336,930) Unfavourable step	€ 502,553 Bank debt 2025: € 502,553 ▼ 23% vs 2024 (€ 652,570) Favourable step	▼ 23%
Balance sheet total	€ 3,467,711 Balance sheet total 2022: € 3,467,711 First fiscal year in the series	€ 4,957,328 Balance sheet total 2023: € 4,957,328 ▲ 43% vs 2022 (€ 3,467,711) Unchanged	€ 5,966,583 Balance sheet total 2024: € 5,966,583 ▲ 20% vs 2023 (€ 4,957,328) Unchanged	€ 6,342,899 Balance sheet total 2025: € 6,342,899 ▲ 6% vs 2024 (€ 5,966,583) Unchanged	▲ 6%
Employees (FTE)	33.5 Employees (FTE) 2022: 33.5 First fiscal year in the series	32.5 Employees (FTE) 2023: 32.5 ▼ 1 vs 2022 (33.5) Unchanged	31.7 Employees (FTE) 2024: 31.7 ▼ 0.8 vs 2023 (32.5) Unchanged	30 Employees (FTE) 2025: 30 ▼ 1.7 vs 2024 (31.7) Unchanged	▼ 1.7

Key figures of ELECTRICITEITSWERKEN GIELEN, 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 GIELEN?

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

2031 Oliver Nehring stepped down as director. NBB
2031 Florian Jung stepped down as director. NBB
Jul 17, 2026 New annual accounts for financial year 2025: profit of € 488,716 (▼ 58% vs 2024). Source: NBB ↗
2026 Marinus Megens stepped down as director. NBB
2026 Florian Jung became a director. NBB
2024 Oliver Nehring became a director. NBB
2024 Marinus Megens became a director. NBB
Oct 28, 1987 New establishment in Lommel. KBO

In short

From € 507,876 profit in 2022 to € 488,716 profit in 2025.

Paid € 1.2 million in corporate taxes since 2022.

Best year ever: 2023, with € 1.2 million profit.

On average € 137,700 of value added per employee in 2024.

Original PDFs at the National Bank ↗

A new publication or filing at ELECTRICITEITSWERKEN GIELEN? We notify you, reason included.

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My folder 3 companies

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

Real filings at the National Bank

Management

S&G INVEST 100%

BELCOTEC 100%

The stake of S&G INVEST, BELCOTEC comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

ELECTRICITEITSWERKEN GIELEN

The shares are held by S&G INVEST (100%) and BELCOTEC (100%).

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Directors

According to the 2025 annual accounts

Oliver Nehring

Director

Also active at: VREBOS - STAS, DE HONDT, BELCOTEC, TRADE SYSTEMS, S&G INVEST, Belcotec Technics, Overimo, Real Win

since 2024 · until 2031

Marinus Megens

Director

since 2024 · until 2026

Florian Jung

Director

Also active at: Vrebos Systems, DE HONDT, BELCOTEC, Real Win

since 2026 · until 2031

Shareholders

S&G INVEST

100%

BELCOTEC

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Schoolstraat 65

3920 Lommel

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

Website

HTTPS gielen.be

Canonical: https://www.gielen.be/

Technologies

AOSCloudflare CDNJSCookie ConsentGSAPGoogle FontsGoogle Tag ManagerNginxPHPWordPressjQueryjsDelivrunpkg

Certifications & Partners

VCAVCA*

Hosting & Email

Email provider

Microsoft 365

Hosting

COMBELL-AS, BE

Website info

HTTPS Ja

Languages NL

Features

Ads

Security

✓ HTTPS

✓ SPF

✗ DMARC

Network

✓ IPv6

Details

Company number

0432.193.693

VAT number

BE 0432.193.693

Registered office

Schoolstraat 65, 3920 Lommel

Names & denominations

ELECTRICITEITSWERKEN GIELEN

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

6 October 1987

Peppol

Active · Active since 2 Jun 2026

Contact

gielen.be +32 (0)11 / 54 41 28

Activities · NACE

Algemene elektrotechnische installatiewerken

Elektrische installatie

View on CBE Public ↗ Annual accounts (NBB) ↗

ELECTRICITEITSWERKEN GIELEN

Financials

What happened to ELECTRICITEITSWERKEN GIELEN?

Know what changes at your customers, suppliers and competitors. Without reading an annual account.

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Website

Technologies

Certifications & Partners

Hosting & Email

Website info

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Details

Frequently asked questions