Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 61 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
14 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ELECTRONIC DESIGN from Vilvoorde, company number BE0438111089, closed financial year 2025 with a result of € 48,164 after tax. For that financial year ELECTRONIC DESIGN recorded a gross margin of € 112,603 and equity of € 228,933. Compared with financial year 2024, the result moved from € -13,155 to € 48,164. 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 17, 2026.
€ 228,933
▲ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 48,164
▲ still € 13,155 loss in 2024
Profit after tax over the fiscal year.
€ 22,535
▲ 80% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 204,141.
People and assets in 2025
€ 8,612
▼ 74% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 127,861
▼ 30% vs 2024
Loans from banks and other lenders, long and short.
€ 49,934
▼ 36% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,607
▼ 91% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 113,819 | € 27,205 | € 111,741 | € 112,603 | ▲ 1% |
| Profit after taxes | € 63,011 | € 91,811 | € -13,155 | € 48,164 | ▲ € 61,319 |
| Equity | € 115,302 | € 207,114 | € 195,518 | € 228,933 | ▲ 17% |
| Total debts | € 684,009 | € 362,200 | € 413,760 | € 269,224 | ▼ 35% |
| Cash | € 5,826 | € 50,020 | € 12,494 | € 22,535 | ▲ 80% |
| Retained profit | € 96,710 | € 188,522 | € 170,726 | € 204,141 | ▲ 20% |
| Bank debt | € 375,893 | € 217,141 | € 182,157 | € 127,861 | ▼ 30% |
| Balance sheet total | € 799,311 | € 569,314 | € 609,278 | € 498,157 | ▼ 18% |
Key figures of ELECTRONIC DESIGN, fiscal years 2023 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 ELECTRONIC DESIGN?
What happened at ELECTRONIC DESIGN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 48,164. Source: NBB ↗
- New establishment in Vilvoorde. KBO
- Start of the company according to the CBE. KBO
In short
From € 63,011 profit in 2023 to € 48,164 profit in 2025.
Paid € 819 in corporate taxes since 2023.
Best year ever: 2024, with € 91,811 profit.
Management
The stake of Electronic Design International comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ELECTRONIC DESIGNBehind ELECTRONIC DESIGN is NET.M@N BV. The shares are held by Electronic Design International (100%).
Directors
According to the 2025 annual accounts
Director · represented by BAERT Lieven
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Mechelsesteenweg 277
1800 Vilvoorde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 14 companies are registered at this address.
All companies at this address →Andréa Merzario
€ -15,322 gross margin · 2024
NET.M@N same network
€ 39,517 gross margin · 2025
BEDRIJVENCENTRUM VILVOORDE
€ 145,627 gross margin · 2025
LAERDAL BENELUX
€ 2.4 million gross margin · 2025
JEPMAP
+9 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Details
- Company number
- 0438.111.089
- VAT number
- BE 0438.111.089
- Registered office
- Mechelsesteenweg 277, 1800 Vilvoorde
- Names & denominations
- ELECTRONIC DESIGN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 July 1989
- Peppol
- Active · Active since 23 Dec 2025
- Activities · NACE
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