What does GELECOM do?

GELECOM is an electrical contractor in Waregem. Public Limited, started on 28 January 1988, 1 establishment.

What is the address of GELECOM?

The registered office of GELECOM is located at Industrielaan 20, 8790 Waregem.

Is GELECOM still active?

Yes. According to the CBE (29 October 2026) GELECOM is active, legal situation “Normale toestand”, started on 28 January 1988.

Is GELECOM registered on Peppol?

Yes, GELECOM is registered on the Peppol network with ID 0208:0433162507.

What is the enterprise number of GELECOM?

The enterprise number of GELECOM is BE0433162507.

When was GELECOM founded?

GELECOM was founded on 28 January 1988.

Who are the directors of GELECOM?

According to the 2025 annual accounts, the directors of GELECOM are: CAMBAS INVEST BV, DOUTREN BV, DOUTRELCO NV.

Is GELECOM a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 28 January 1988; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did GELECOM make in 2025?

GELECOM posted a profit after taxes of € 215,343 in financial year 2025.

What is the revenue of GELECOM?

As a small company, GELECOM is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 964,255.

How much does an employee at GELECOM earn?

The average wage cost per full-time employee at GELECOM was € 70,500 in 2025: staff costs of € 634,312 for 9 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does GELECOM have?

According to the 2025 annual accounts, GELECOM has 9 full-time equivalents (FTE).

GELECOM (Public Limited) - Waregem - BE0433162507

Dossier GELECOM, printed on 29 October 2026 from databakkes.be/en/0433162507/gelecom. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

GELECOM from Waregem, company number BE0433162507, closed financial year 2025 with a result of € 215,343 after tax. For that financial year GELECOM recorded a gross margin of € 964,255 and equity of € 973,868. Compared with financial year 2024, the result moved from € 206,893 to € 215,343. 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 14, 2026.

What it is worth Growing

€ 973,868

▲ 4% vs 2024

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

Profit Growing

€ 215,343

▲ 4% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 316,544

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

Where the profit goes Pays out

€ 176,000 paid out

82 % of the profit went to the shareholders, mostly to DOUTRELCO (67 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

▼ 0.1 vs 2024

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

Wage cost

€ 634,312

▲ 2% vs 2024

€ 70,500 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

€ 170,184

▲ 83% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 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.

€ 141,802

▲ 101% vs 2024

€ 41,170 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 372,758

▼ 33% vs 2024

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

Taxes and wages

€ 81,813

▲ 2% 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	€ 909,552 Gross margin 2022: € 909,552 First fiscal year in the series	€ 960,207 Gross margin 2023: € 960,207 ▲ 6% vs 2022 (€ 909,552) Favourable step	€ 953,435 Gross margin 2024: € 953,435 ▼ 1% vs 2023 (€ 960,207) Unfavourable step	€ 964,255 Gross margin 2025: € 964,255 ▲ 1% vs 2024 (€ 953,435) Favourable step	▲ 1%
Profit after taxes	€ 205,882 Profit after taxes 2022: € 205,882 First fiscal year in the series	€ 207,743 Profit after taxes 2023: € 207,743 ▲ 1% vs 2022 (€ 205,882) Favourable step	€ 206,893 Profit after taxes 2024: € 206,893 Unchanged (€ 207,743) Unfavourable step	€ 215,343 Profit after taxes 2025: € 215,343 ▲ 4% vs 2024 (€ 206,893) Favourable step	▲ 4%
Equity	€ 861,890 Equity 2022: € 861,890 First fiscal year in the series	€ 899,633 Equity 2023: € 899,633 ▲ 4% vs 2022 (€ 861,890) Favourable step	€ 934,526 Equity 2024: € 934,526 ▲ 4% vs 2023 (€ 899,633) Favourable step	€ 973,868 Equity 2025: € 973,868 ▲ 4% vs 2024 (€ 934,526) Favourable step	▲ 4%
Total debts	€ 973,449 Total debts 2022: € 973,449 First fiscal year in the series	€ 955,447 Total debts 2023: € 955,447 ▼ 2% vs 2022 (€ 973,449) Favourable step	€ 981,336 Total debts 2024: € 981,336 ▲ 3% vs 2023 (€ 955,447) Unfavourable step	€ 836,623 Total debts 2025: € 836,623 ▼ 15% vs 2024 (€ 981,336) Favourable step	▼ 15%
Cash	€ 396,473 Cash 2022: € 396,473 First fiscal year in the series	€ 244,932 Cash 2023: € 244,932 ▼ 38% vs 2022 (€ 396,473) Unfavourable step	€ 315,522 Cash 2024: € 315,522 ▲ 29% vs 2023 (€ 244,932) Favourable step	€ 316,544 Cash 2025: € 316,544 Unchanged (€ 315,522) Favourable step
Retained profit	€ 802,396 Retained profit 2022: € 802,396 First fiscal year in the series	€ 840,138 Retained profit 2023: € 840,138 ▲ 5% vs 2022 (€ 802,396) Favourable step	€ 875,031 Retained profit 2024: € 875,031 ▲ 4% vs 2023 (€ 840,138) Favourable step	€ 914,374 Retained profit 2025: € 914,374 ▲ 4% vs 2024 (€ 875,031) Favourable step	▲ 4%
Dividend	€ 168,000 Dividend 2022: € 168,000 First fiscal year in the series	€ 170,000 Dividend 2023: € 170,000 ▲ 1% vs 2022 (€ 168,000) Unchanged	€ 172,000 Dividend 2024: € 172,000 ▲ 1% vs 2023 (€ 170,000) Unchanged	€ 176,000 Dividend 2025: € 176,000 ▲ 2% vs 2024 (€ 172,000) Unchanged	▲ 2%
Bank debt	€ 207,713 Bank debt 2022: € 207,713 First fiscal year in the series	€ 138,912 Bank debt 2023: € 138,912 ▼ 33% vs 2022 (€ 207,713) Favourable step	€ 70,695 Bank debt 2024: € 70,695 ▼ 49% vs 2023 (€ 138,912) Favourable step	€ 141,802 Bank debt 2025: € 141,802 ▲ 101% vs 2024 (€ 70,695) Unfavourable step	▲ 101%
Balance sheet total	€ 1,835,339 Balance sheet total 2022: € 1,835,339 First fiscal year in the series	€ 1,855,079 Balance sheet total 2023: € 1,855,079 ▲ 1% vs 2022 (€ 1,835,339) Unchanged	€ 1,915,861 Balance sheet total 2024: € 1,915,861 ▲ 3% vs 2023 (€ 1,855,079) Unchanged	€ 1,810,491 Balance sheet total 2025: € 1,810,491 ▼ 5% vs 2024 (€ 1,915,861) Unchanged	▼ 5%
Employees (FTE)	11 Employees (FTE) 2022: 11 First fiscal year in the series	9.8 Employees (FTE) 2023: 9.8 ▼ 1.2 vs 2022 (11) Unchanged	9.1 Employees (FTE) 2024: 9.1 ▼ 0.7 vs 2023 (9.8) Unchanged	9 Employees (FTE) 2025: 9 ▼ 0.1 vs 2024 (9.1) Unchanged	▼ 0.1

Key figures of GELECOM, 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 GELECOM?

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

2030 CAMBAS INVEST BV stepped down as director. NBB
2030 DOUTREN BV stepped down as director. NBB
2030 DOUTRELCO NV stepped down as director. NBB
Jul 14, 2026 New annual accounts for financial year 2025: profit of € 215,343 (▲ 4% vs 2024). Source: NBB ↗
2024 CAMBAS INVEST BV became a director. NBB
2024 DOUTREN BV became a director. NBB
2024 DOUTRELCO NV became a director. NBB
Feb 8, 1988 New establishment in Waregem. KBO

In short

From € 205,882 profit in 2022 to € 215,343 profit in 2025.

Paid € 78,033 in corporate taxes since 2022.

Best year ever: 2025, with € 215,343 profit.

On average € 107,100 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

DOUTRELCO 66.7%

The stake of DOUTRELCO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

GELECOM

Inelec Electro 100%

The shares are held by DOUTRELCO (66.7%). It owns 100% of Inelec Electro itself.

Directors

According to the 2025 annual accounts

CAMBAS INVEST BV

Director · represented by DOUTRELOIGNE Koen

Also active at: DOUTRELCO

since 2024 · until 2030

DOUTREN BV

Managing director · represented by DE CROOCK Nathalie

Also active at: DOUTRELCO

since 2024 · until 2030

DOUTRELCO NV

Director · represented by DOUTRELOIGNE Wim

since 2024 · until 2030

Shareholders

DOUTRELCO

66.7%

Participations

Inelec Electro

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Industrielaan 20

8790 Waregem

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

Details

Company number

0433.162.507

VAT number

BE 0433.162.507

Registered office

Industrielaan 20, 8790 Waregem

Names & denominations

GELECOM

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

28 January 1988

Peppol

Active · Active since 21 Oct 2026

Activities · NACE

Algemene elektrotechnische installatiewerken

Elektrische installatie

Groothandel in elektrische huishoudelijke apparaten en audio- en videoapparatuur

View on CBE Public ↗ Annual accounts (NBB) ↗

GELECOM

Financials

What happened to GELECOM?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions