EEG is an electrical contractor in Wevelgem. Public Limited, started on 4 February 1991, 8 establishments.

What is the address of EEG?

The registered office of EEG is located at Oostlaan 5, 8560 Wevelgem.

Yes. According to the CBE (29 October 2026) EEG is active, legal situation “Normale toestand”, started on 4 February 1991.

Is EEG registered on Peppol?

Yes, EEG is registered on the Peppol network with ID 0208:0442891013.

What is the enterprise number of EEG?

The enterprise number of EEG is BE0442891013.

When was EEG founded?

EEG was founded on 4 February 1991.

Who are the directors of EEG?

According to the 2024 annual accounts, the directors of EEG are: NEYRINCK Karl, JDS CONSULT VOF, Mustang Consulting BV, MOORE AUDIT BV (B00212), EEG Group BV, Sunim CommV.

Is EEG a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 4 February 1991; 4 annual accounts filed, latest fiscal year 2024; 6 directors known from the annual account; 8 establishments in the CBE.

How much profit did EEG make in 2024?

EEG recorded a loss after taxes of € 1,201,468 in financial year 2024.

What is the revenue of EEG?

In its most recent annual accounts (2024), EEG reported revenue of € 143,165,325.

How much does an employee at EEG earn?

The average wage cost per full-time employee at EEG was € 72,100 in 2024: staff costs of € 40 million for 554.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does EEG have?

According to the 2024 annual accounts, EEG has 554.7 full-time equivalents (FTE).

EEG (Public Limited) - Wevelgem - BE0442891013

Dossier EEG, printed on 29 October 2026 from databakkes.be/en/0442891013/eeg. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Figures corrected NBB

Corrected annual account filed for 2023.

Financials

Financial year 2024

EEG from Wevelgem, company number BE0442891013, closed financial year 2024 with a result of € -1.2 million after tax. For that financial year EEG recorded revenue of € 143.2 million and equity of € 26.1 million. Compared with financial year 2023, the result moved from € 2 million to € -1.2 million. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 29, 2025.

What it is worth Healthy

€ 26.1 million

▼ 4% vs 2023

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

Loss Caution

€ -1.2 million

▼ still € 2 million profit in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 958,435

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 25.1 million.

People and assets in 2024

Full-time equivalents

554.7

▲ 162.8 vs 2023

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

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 17.3 million in 2024, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 40 million

▲ 39% vs 2023

€ 72,100 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

€ 2.4 million

▲ 95% vs 2023

Of which on lease € 1.2 million.

Debts at end 2024

Bank debt ≈ 2 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.

€ 19.1 million

▲ 113% vs 2023

€ 1.4 million is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 23.1 million

▲ 17% vs 2023

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 82 days on average.

Taxes and wages

€ 5.6 million

▲ 3% vs 2023

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Revenue	€ 77,069,971 Revenue 2021: € 77,069,971 First fiscal year in the series	€ 79,125,093 Revenue 2022: € 79,125,093 ▲ 3% vs 2021 (€ 77,069,971) Favourable step	€ 105,399,735 Revenue 2023: € 105,399,735 ▲ 33% vs 2022 (€ 79,125,093) Favourable step	€ 143,165,325 Revenue 2024: € 143,165,325 ▲ 36% vs 2023 (€ 105,399,735) Favourable step	▲ 36%
Profit after taxes	€ 917,175 Profit after taxes 2021: € 917,175 First fiscal year in the series	€ 1,784,160 Profit after taxes 2022: € 1,784,160 ▲ 95% vs 2021 (€ 917,175) Favourable step	€ 2,027,211 Profit after taxes 2023: € 2,027,211 ▲ 14% vs 2022 (€ 1,784,160) Favourable step	€ -1,201,468 Profit after taxes 2024: € -1,201,468 ▼ € 3.2 million vs 2023 (€ 2,027,211) Unfavourable step	▼ € 3.2 million
Equity	€ 26,996,622 Equity 2021: € 26,996,622 First fiscal year in the series	€ 26,996,622 Equity 2022: € 26,996,622 Unchanged (€ 26,996,622) Unchanged	€ 27,323,833 Equity 2023: € 27,323,833 ▲ 1% vs 2022 (€ 26,996,622) Favourable step	€ 26,122,364 Equity 2024: € 26,122,364 ▼ 4% vs 2023 (€ 27,323,833) Unfavourable step	▼ 4%
Total debts	€ 36,672,269 Total debts 2021: € 36,672,269 First fiscal year in the series	€ 42,614,817 Total debts 2022: € 42,614,817 ▲ 16% vs 2021 (€ 36,672,269) Unfavourable step	€ 43,183,357 Total debts 2023: € 43,183,357 ▲ 1% vs 2022 (€ 42,614,817) Unfavourable step	€ 55,642,522 Total debts 2024: € 55,642,522 ▲ 29% vs 2023 (€ 43,183,357) Unfavourable step	▲ 29%
Cash	€ 2,521,524 Cash 2021: € 2,521,524 First fiscal year in the series	€ 2,532,820 Cash 2022: € 2,532,820 Unchanged (€ 2,521,524) Favourable step	€ 960,202 Cash 2023: € 960,202 ▼ 62% vs 2022 (€ 2,532,820) Unfavourable step	€ 958,435 Cash 2024: € 958,435 Unchanged (€ 960,202) Unfavourable step
Land & buildings	€ 4,008 Land & buildings 2021: € 4,008 First fiscal year in the series	€ 2,751 Land & buildings 2022: € 2,751 ▼ 31% vs 2021 (€ 4,008) Unchanged	€ 1,494 Land & buildings 2023: € 1,494 ▼ 46% vs 2022 (€ 2,751) Unchanged	€ 36,156 Land & buildings 2024: € 36,156 ▲ € 34,662 vs 2023 (€ 1,494) Unchanged	▲ € 34,662
Retained profit	€ 25,968,265 Retained profit 2021: € 25,968,265 First fiscal year in the series	€ 25,968,265 Retained profit 2022: € 25,968,265 Unchanged (€ 25,968,265) Unchanged	€ 26,295,476 Retained profit 2023: € 26,295,476 ▲ 1% vs 2022 (€ 25,968,265) Favourable step	€ 25,094,008 Retained profit 2024: € 25,094,008 ▼ 5% vs 2023 (€ 26,295,476) Unfavourable step	▼ 5%
Dividend	€ 917,175 Dividend 2021: € 917,175 First fiscal year in the series	€ 1,784,160 Dividend 2022: € 1,784,160 ▲ 95% vs 2021 (€ 917,175) Unchanged	€ 1,700,000 Dividend 2023: € 1,700,000 ▼ 5% vs 2022 (€ 1,784,160) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 1,700,000) Unchanged	▼ 100%
Bank debt	€ 7,688,662 Bank debt 2021: € 7,688,662 First fiscal year in the series	€ 10,454,429 Bank debt 2022: € 10,454,429 ▲ 36% vs 2021 (€ 7,688,662) Unfavourable step	€ 8,963,222 Bank debt 2023: € 8,963,222 ▼ 14% vs 2022 (€ 10,454,429) Favourable step	€ 19,134,181 Bank debt 2024: € 19,134,181 ▲ 113% vs 2023 (€ 8,963,222) Unfavourable step	▲ 113%
Balance sheet total	€ 64,368,092 Balance sheet total 2021: € 64,368,092 First fiscal year in the series	€ 70,306,871 Balance sheet total 2022: € 70,306,871 ▲ 9% vs 2021 (€ 64,368,092) Unchanged	€ 71,451,348 Balance sheet total 2023: € 71,451,348 ▲ 2% vs 2022 (€ 70,306,871) Unchanged	€ 84,353,762 Balance sheet total 2024: € 84,353,762 ▲ 18% vs 2023 (€ 71,451,348) Unchanged	▲ 18%
Employees (FTE)	367.1 Employees (FTE) 2021: 367.1 First fiscal year in the series	354.3 Employees (FTE) 2022: 354.3 ▼ 12.8 vs 2021 (367.1) Unchanged	391.9 Employees (FTE) 2023: 391.9 ▲ 37.6 vs 2022 (354.3) Unchanged	554.7 Employees (FTE) 2024: 554.7 ▲ 162.8 vs 2023 (391.9) Unchanged	▲ 162.8

Key figures of EEG, 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 EEG?

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

2027 MOORE AUDIT BV (B00212) stepped down as director. NBB
2026 JDS CONSULT VOF stepped down as director. NBB
2026 Mustang Consulting BV stepped down as director. NBB
2026 EEG Group BV stepped down as director. NBB
2026 Sunim CommV stepped down as director. NBB
Aug 29, 2025 New annual accounts for financial year 2024: loss of € 1.2 million (▼ € 3.2 million vs 2023). filed late Source: NBB ↗
2025 NEYRINCK Karl stepped down as director. NBB
Jul 1, 2024 New establishment in Sint-Truiden. KBO

In short

From € 917,175 profit in 2021 to € 1.2 million loss in 2024.

Paid € 2.8 million in corporate taxes since 2021.

Best year ever: 2023, with € 2 million profit.

Paid out € 4.4 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

EEG GROUP 93.3%

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

EEG

Agoramed 50%

Hortus Conclusus Facilitator 50%

Hortus Conclusus 13%

The shares are held by EEG GROUP (93.3%). It owns 50% of Agoramed, 50% of Hortus Conclusus Facilitator and 13% of Hortus Conclusus itself.

Directors

According to the 2024 annual accounts

NEYRINCK Karl

Managing director

since 2019 · until 2025

JDS CONSULT VOF

Chairman of the board

Also active at: AUTOMATION, SECURITAS, BDO ADVISORY

since 2023 · until 2026

Mustang Consulting BV

Director

since 2023 · until 2026

MOORE AUDIT BV (B00212)

Auditor · represented by PLANQUETTE Kristof

Also active at: T.D.M., Transdemo, Van Biesen - Everaert, Standaard Uitgeverij, BOGERD MARTIN, APK Telecom Networksolutions, Binnenstad, LUC VULSTEKE INDUSTRIAL +8 more

since 2024 · until 2027

EEG Group BV

Director

Also active at: ELECTROLYSE, VENTAIR, UNMATCHED, EEG Partnership, TELECOM INTEGRATED TECHNOLOGIES, VERWARMINGSTECHNIEKEN VERELST

since 2023 · until 2026

Sunim CommV

Director

Also active at: EEG Partnership

since 2023 · until 2026

Shareholders

EEG GROUP

93.3%

Participations

Agoramed

50%

Hortus Conclusus Facilitator

50%

Hortus Conclusus

13%

Establishments

Establishment units

Physical locations of this company

Registered office

Oostlaan 5

8560 Wevelgem

2.244.395.896

Kortrijksesteenweg 255

9830 Sint-Martens-Latem

Active since 15 July 2015

2.293.816.210

Rue des Gerboises(NN) 6

5100 Namur

Active since 1 September 2019

2.324.485.828

Oostlaan 3

8560 Wevelgem

Active since 1 September 2021

2.356.705.961

Sint-Amanduslaan 8

8730 Beernem

Active since 16 July 2023

2.359.666.837

Lichtenberglaan 2087

3800 Sint-Truiden

Active since 1 July 2024

2.359.667.035

Legen Heirweg 7

9890 Gavere

Active since 1 July 2024

2.359.672.577

Industriedijk 4

2300 Turnhout

Active since 1 July 2024

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.

All companies at this address →

NEYRINCK INVEST

€ 714,728 gross margin · 2025

INSTALLATIEBEDRIJF EEG

EEG - ENGIE - VMA: AZ DELTA

TM EEG/VMA - DE LICHTERVELDE

TM EEG-Cegelec - KBC Datacentra

+1 more

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

Details

Company number

0442.891.013

VAT number

BE 0442.891.013

Registered office

Oostlaan 5, 8560 Wevelgem

Names & denominations

EEG

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

4 February 1991

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Algemene elektrotechnische installatiewerken

Elektrische installatie

Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts

Sanitaire werkzaamheden

Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit

View on CBE Public ↗ Annual accounts (NBB) ↗

EEG

Warning lights

Financials

What happened to EEG?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions