Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2022 and 2023.
-
Tight liquidity NBB
Cash and receivables cover 14 % of short-term debt in 2023; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 87.8 to 60.7.
-
Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
DE MEUTTER PAUL ELEKTRICITEIT from Heist-op-den-Berg, company number BE0436220678, closed financial year 2023 with a result of € -1.1 million after tax. For that financial year DE MEUTTER PAUL ELEKTRICITEIT recorded revenue of € 23.5 million and equity of € 4.3 million. Compared with financial year 2022, the result moved from € -74,735 to € -1.1 million. 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 August 27, 2024.
€ 4.3 million
▼ 20% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.1 million
▼ 1385 % more loss than in 2022
Profit after tax over the fiscal year.
€ 840,334
▼ 69% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 4.3 million.
People and assets in 2023
60.7
▼ 15.7 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 4 million
▼ 7% vs 2022
€ 65,200 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.
€ 82,183
▼ 12% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 933,208
▲ € 915,955 vs 2022
€ 449,432 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1.9 million
▼ 38% vs 2022
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 33 days on average.
€ 1.1 million
▼ 9% vs 2022
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Revenue | € 39,431,637 | € 35,191,665 | € 23,472,610 | ▼ 33% |
| Profit after taxes | € 913,497 | € -74,735 | € -1,109,626 | ▼ € 1 million |
| Equity | € 5,515,912 | € 5,441,177 | € 4,331,551 | ▼ 20% |
| Total debts | € 6,036,941 | € 5,944,917 | € 6,343,328 | ▲ 7% |
| Cash | € 3,426,426 | € 2,680,592 | € 840,334 | ▼ 69% |
| Land & buildings | € 8,730 | € 115,231 | € 132,529 | ▲ 15% |
| Retained profit | € 5,484,925 | € 5,410,190 | € 4,300,564 | ▼ 21% |
| Bank debt | € 16,504 | € 17,253 | € 933,208 | ▲ € 915,955 |
| Balance sheet total | € 11,552,853 | € 11,386,094 | € 10,674,879 | ▼ 6% |
| Employees (FTE) | 87.8 | 76.4 | 60.7 | ▼ 15.7 |
Key figures of DE MEUTTER PAUL ELEKTRICITEIT, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to DE MEUTTER PAUL ELEKTRICITEIT?
What happened at DE MEUTTER PAUL ELEKTRICITEIT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
DE MEUTTER PAUL ELEKTRICITEIT is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 1.1 million. filed late Source: NBB ↗
- New establishment in Heist-op-den-Berg. KBO
- New establishment in Heist-op-den-Berg. KBO
- Start of the company according to the CBE. KBO
In short
From € 913,497 profit in 2021 to € 1.1 million loss in 2023.
Paid € 18,781 in corporate taxes since 2021.
Best year ever: 2021, with € 913,497 profit.
Pays suppliers within 33 days on average.
A new publication or filing at DE MEUTTER PAUL ELEKTRICITEIT? We notify you, reason included.
Follow DE MEUTTER PAUL ELEKTRICITEITDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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
Establishments
Establishment units
Physical locations of this company
Industriepark 13B
2220 Heist-op-den-Berg
Industriepark 14
2220 Heist-op-den-Berg
Active since 1 January 2017
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0436.220.678
- VAT number
- BE 0436.220.678
- Registered office
- Industriepark 13B, 2220 Heist-op-den-Berg
- Names & denominations
- DE MEUTTER PAUL ELEKTRICITEIT
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Opening faillissement
- Start date
- 23 December 1988
- Peppol
- Not registered
- Activities · NACE
Groothandel in elektrisch materiaal, inclusief installatiemateriaal
Groothandel in elektrisch materiaal inclusief installatiemateriaal
Detailhandel in verlichtingsartikelen
Algemene elektrotechnische installatiewerken
Detailhandel in artikelen voor verlichting en woninginrichting
Elektrische installatie
Detailhandel in verlichtingsartikelen in gespecialiseerde winkels