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 2023 and 2024.
Financials
Financial year 2024
Elektriciteitswerken Feys from Oostkamp, company number BE0438353094, closed financial year 2024 with a result of € -63,048 after tax. For that financial year Elektriciteitswerken Feys recorded a gross margin of € 124,561 and equity of € 631,314. Compared with financial year 2023, the result moved from € -74,708 to € -63,048. 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 July 16, 2025.
€ 631,314
▼ 9% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -63,048
▲ 16 % less loss than in 2023
Profit after tax over the fiscal year.
€ 91,742
▼ 69% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 590,174.
People and assets in 2024
2.5
Average over the fiscal year, from the social balance sheet.
€ 133,210
▼ 48% vs 2023
€ 53,300 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.
€ 14,718
▲ € 14,056 vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 421,258
▲ € 415,234 vs 2023
€ 39,470 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 135,928
▼ 7% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 41,352
▼ 73% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 178,880 | € 630,969 | € 314,531 | € 124,561 | ▼ 60% |
| Profit after taxes | € -121,192 | € 233,811 | € -74,708 | € -63,048 | ▲ € 11,660 |
| Equity | € 556,311 | € 790,122 | € 694,361 | € 631,314 | ▼ 9% |
| Total debts | € 546,704 | € 655,311 | € 476,261 | € 763,863 | ▲ 60% |
| Cash | € 456,516 | € 384,369 | € 300,513 | € 91,742 | ▼ 69% |
| Land & buildings | € 279,840 | € 263,960 | € 248,080 | € 716,617 | ▲ 189% |
| Retained profit | € 518,911 | € 752,722 | € 653,221 | € 590,174 | ▼ 10% |
| Dividend | € 0 | € 0 | € 21,053 | € 0 | ▼ 100% |
| Bank debt | € 28,991 | € 17,587 | € 6,025 | € 421,258 | ▲ € 415,234 |
| Balance sheet total | € 1,103,015 | € 1,445,433 | € 1,170,622 | € 1,395,176 | ▲ 19% |
| Employees (FTE) | 4.1 | 4.1 | - | 2.5 |
Key figures of Elektriciteitswerken Feys, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Elektriciteitswerken Feys?
What happened at Elektriciteitswerken Feys in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 63,048. Source: NBB ↗
- Boudewyn Feys became a director. NBB
- Matthias Feys became a director. NBB
- Shari Van Driessche became a director. NBB
- New establishment in Oostkamp. KBO
- Start of the company according to the CBE. KBO
In short
From € 121,192 loss in 2021 to € 63,048 loss in 2024.
Paid € 119,297 in corporate taxes since 2021.
Best year ever: 2022, with € 233,811 profit.
On average € 49,800 of value added per employee in 2024.
Management
Behind Elektriciteitswerken Feys are Boudewyn Feys, Matthias Feys and Shari Van Driessche.
Directors
According to the 2024 annual accounts
Boudewyn Feys
Director
since 2023
Matthias Feys
Director
since 2023
Shari Van Driessche
Director
since 2023
Establishments
Establishment units
Physical locations of this company
De Leiteweg 23 C
8020 Oostkamp
De Leiteweg 23 box C
8020 Oostkamp
Active since 13 November 1989
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0438.353.094
- VAT number
- BE 0438.353.094
- Registered office
- De Leiteweg 23 C, 8020 Oostkamp
- Names & denominations
- Elektriciteitswerken Feys
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 September 1989
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- energiefeys.be
- Activities · NACE
Algemene elektrotechnische installatiewerken
Elektrische installatie
Overig loodgieterswerk
Dakbedekking en bouw van dakconstructies
Dakwerkzaamheden
Sanitaire werkzaamheden