What does GEENARD ELECTRO do?

GEENARD ELECTRO is registered with the CBE as active in: Elektrische installatie. Public Limited, started on 18 February 1988, 2 establishments.

What is the address of GEENARD ELECTRO?

The registered office of GEENARD ELECTRO is located at Kompveldstraat 9, 3620 Lanaken.

Is GEENARD ELECTRO still active?

Yes. According to the CBE (30 October 2026) GEENARD ELECTRO is active, legal situation “Normale toestand”, started on 18 February 1988.

Is GEENARD ELECTRO registered on Peppol?

Yes, GEENARD ELECTRO is registered on the Peppol network with ID 0208:0433513586.

What is the enterprise number of GEENARD ELECTRO?

The enterprise number of GEENARD ELECTRO is BE0433513586.

When was GEENARD ELECTRO founded?

GEENARD ELECTRO was founded on 18 February 1988.

Who are the directors of GEENARD ELECTRO?

According to the 2025 annual accounts, the directors of GEENARD ELECTRO are: Raymond Meers, Gert Geenard, GEN3G NV.

Is GEENARD ELECTRO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 18 February 1988; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account; 2 establishments in the CBE.

How much profit did GEENARD ELECTRO make in 2025?

GEENARD ELECTRO posted a profit after taxes of € 56,648 in financial year 2025.

What is the revenue of GEENARD ELECTRO?

As a small company, GEENARD ELECTRO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,487,330.

How much does an employee at GEENARD ELECTRO earn?

The average wage cost per full-time employee at GEENARD ELECTRO was € 50,400 in 2025: staff costs of € 1.2 million for 24.1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does GEENARD ELECTRO have?

According to the 2025 annual accounts, GEENARD ELECTRO has 24.1 full-time equivalents (FTE).

GEENARD ELECTRO (Public Limited) - Lanaken - BE0433513586

Dossier GEENARD ELECTRO, printed on 30 October 2026 from databakkes.be/en/0433513586/geenard-electro. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

GEENARD ELECTRO from Lanaken, company number BE0433513586, closed financial year 2025 with a result of € 56,648 after tax. For that financial year GEENARD ELECTRO recorded a gross margin of € 1.5 million and equity of € 959,855. Compared with financial year 2024, the result moved from € 52,949 to € 56,648. 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 May 28, 2026.

What it is worth Growing

€ 959,855

▲ 6% vs 2024

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

Profit Growing

€ 56,648

▲ 7% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 79,978

▼ 59% vs 2024

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

Where the profit goes Pays out

€ 3,000 paid out

5 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents

24.1

▲ 2.6 vs 2024

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

Wage cost

€ 1.2 million

▲ 23% vs 2024

€ 50,400 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

€ 77,258

▲ 35% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 10 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.

€ 1.2 million

▲ 35% vs 2024

€ 129,612 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.

Owed to suppliers

€ 1 million

▼ 4% vs 2024

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

Taxes and wages

€ 181,004

▲ 86% 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	€ 1,027,627 Gross margin 2022: € 1,027,627 First fiscal year in the series	€ 964,290 Gross margin 2023: € 964,290 ▼ 6% vs 2022 (€ 1,027,627) Unfavourable step	€ 1,303,610 Gross margin 2024: € 1,303,610 ▲ 35% vs 2023 (€ 964,290) Favourable step	€ 1,487,330 Gross margin 2025: € 1,487,330 ▲ 14% vs 2024 (€ 1,303,610) Favourable step	▲ 14%
Profit after taxes	€ 13,089 Profit after taxes 2022: € 13,089 First fiscal year in the series	€ 31,896 Profit after taxes 2023: € 31,896 ▲ 144% vs 2022 (€ 13,089) Favourable step	€ 52,949 Profit after taxes 2024: € 52,949 ▲ 66% vs 2023 (€ 31,896) Favourable step	€ 56,648 Profit after taxes 2025: € 56,648 ▲ 7% vs 2024 (€ 52,949) Favourable step	▲ 7%
Equity	€ 821,362 Equity 2022: € 821,362 First fiscal year in the series	€ 853,258 Equity 2023: € 853,258 ▲ 4% vs 2022 (€ 821,362) Favourable step	€ 906,207 Equity 2024: € 906,207 ▲ 6% vs 2023 (€ 853,258) Favourable step	€ 959,855 Equity 2025: € 959,855 ▲ 6% vs 2024 (€ 906,207) Favourable step	▲ 6%
Total debts	€ 2,257,776 Total debts 2022: € 2,257,776 First fiscal year in the series	€ 1,887,790 Total debts 2023: € 1,887,790 ▼ 16% vs 2022 (€ 2,257,776) Favourable step	€ 2,101,945 Total debts 2024: € 2,101,945 ▲ 11% vs 2023 (€ 1,887,790) Unfavourable step	€ 2,545,936 Total debts 2025: € 2,545,936 ▲ 21% vs 2024 (€ 2,101,945) Unfavourable step	▲ 21%
Cash	€ 71,565 Cash 2022: € 71,565 First fiscal year in the series	€ 102,029 Cash 2023: € 102,029 ▲ 43% vs 2022 (€ 71,565) Favourable step	€ 196,558 Cash 2024: € 196,558 ▲ 93% vs 2023 (€ 102,029) Favourable step	€ 79,978 Cash 2025: € 79,978 ▼ 59% vs 2024 (€ 196,558) Unfavourable step	▼ 59%
Land & buildings	€ 597,354 Land & buildings 2022: € 597,354 First fiscal year in the series	€ 666,257 Land & buildings 2023: € 666,257 ▲ 12% vs 2022 (€ 597,354) Unchanged	€ 1,034,831 Land & buildings 2024: € 1,034,831 ▲ 55% vs 2023 (€ 666,257) Unchanged	€ 1,148,285 Land & buildings 2025: € 1,148,285 ▲ 11% vs 2024 (€ 1,034,831) Unchanged	▲ 11%
Retained profit	€ 190,923 Retained profit 2022: € 190,923 First fiscal year in the series	€ 222,818 Retained profit 2023: € 222,818 ▲ 17% vs 2022 (€ 190,923) Favourable step	€ 275,768 Retained profit 2024: € 275,768 ▲ 24% vs 2023 (€ 222,818) Favourable step	€ 329,416 Retained profit 2025: € 329,416 ▲ 19% vs 2024 (€ 275,768) Favourable step	▲ 19%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 3,000 Dividend 2025: € 3,000 Unchanged (€ 0) Unchanged
Bank debt	€ 935,904 Bank debt 2022: € 935,904 First fiscal year in the series	€ 953,157 Bank debt 2023: € 953,157 ▲ 2% vs 2022 (€ 935,904) Unfavourable step	€ 921,866 Bank debt 2024: € 921,866 ▼ 3% vs 2023 (€ 953,157) Favourable step	€ 1,245,855 Bank debt 2025: € 1,245,855 ▲ 35% vs 2024 (€ 921,866) Unfavourable step	▲ 35%
Balance sheet total	€ 3,079,139 Balance sheet total 2022: € 3,079,139 First fiscal year in the series	€ 2,741,048 Balance sheet total 2023: € 2,741,048 ▼ 11% vs 2022 (€ 3,079,139) Unchanged	€ 3,008,152 Balance sheet total 2024: € 3,008,152 ▲ 10% vs 2023 (€ 2,741,048) Unchanged	€ 3,505,791 Balance sheet total 2025: € 3,505,791 ▲ 17% vs 2024 (€ 3,008,152) Unchanged	▲ 17%
Employees (FTE)	16.9 Employees (FTE) 2022: 16.9 First fiscal year in the series	17 Employees (FTE) 2023: 17 ▲ 0.1 vs 2022 (16.9) Unchanged	21.5 Employees (FTE) 2024: 21.5 ▲ 4.5 vs 2023 (17) Unchanged	24.1 Employees (FTE) 2025: 24.1 ▲ 2.6 vs 2024 (21.5) Unchanged	▲ 2.6

Key figures of GEENARD ELECTRO, 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 GEENARD ELECTRO?

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

2026 Raymond Meers stepped down as director. NBB
2026 Gert Geenard stepped down as director. NBB
2026 GEN3G NV stepped down as director. NBB
May 28, 2026 New annual accounts for financial year 2025: profit of € 56,648 (▲ 7% vs 2024). Source: NBB ↗
2020 Raymond Meers became a director. NBB
2020 Gert Geenard became a director. NBB
2020 GEN3G NV became a director. NBB
Nov 21, 2016 New establishment in Lanaken. KBO

In short

From € 13,089 profit in 2022 to € 56,648 profit in 2025.

Paid € 103,026 in corporate taxes since 2022.

Best year ever: 2025, with € 56,648 profit.

On average € 61,700 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

GEENARD ELECTRO

GEN3G NV 99.9%

It owns 99.9% of GEN3G NV itself.

Directors

According to the 2025 annual accounts

Raymond Meers

Director

since 2020 · until 2026

Gert Geenard

Managing director

since 2020 · until 2026

GEN3G NV

Managing director · represented by Meers Valeska

since 2020 · until 2026

Establishments

Establishment units

Physical locations of this company

Registered office

Kompveldstraat 9

3620 Lanaken

2.035.328.828

Berkenlaan 10

3620 Lanaken

Active since 10 March 1988

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 →

GEN3G same network

€ 162,934 gross margin · 2025

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

Details

Company number

0433.513.586

VAT number

BE 0433.513.586

Registered office

Kompveldstraat 9, 3620 Lanaken

Names & denominations

GEENARD ELECTRO

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

18 February 1988

Peppol

Active · Active since 21 Oct 2026

Activities · NACE

Elektrische installatie

Algemene elektrotechnische installatiewerken

Groothandel in gereedschapswerktuigen

Detailhandel in elektrische huishoudapparaten

Detailhandel in elektrische huishoudapparaten en in audio- en videoapparatuur

View on CBE Public ↗ Annual accounts (NBB) ↗

GEENARD ELECTRO

Financials

What happened to GEENARD ELECTRO?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions