What does ELECTROLYSE do?

ELECTROLYSE is an electrical contractor in Menen. Private Limited, started on 3 January 1991, 1 establishment.

What is the address of ELECTROLYSE?

The registered office of ELECTROLYSE is located at Ieperstraat 412, 8930 Menen.

Is ELECTROLYSE still active?

Yes. According to the CBE (29 October 2026) ELECTROLYSE is active, legal situation “Normale toestand”, started on 3 January 1991.

Is ELECTROLYSE registered on Peppol?

Yes, ELECTROLYSE is registered on the Peppol network with ID 0208:0442930110.

What is the enterprise number of ELECTROLYSE?

The enterprise number of ELECTROLYSE is BE0442930110.

When was ELECTROLYSE founded?

ELECTROLYSE was founded on 3 January 1991.

Who are the directors of ELECTROLYSE?

According to the 2025 annual accounts, the directors of ELECTROLYSE are: F&P Invest BV, EEG Group BV.

Is ELECTROLYSE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 3 January 1991; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did ELECTROLYSE make in 2025?

ELECTROLYSE posted a profit after taxes of € 76,577 in financial year 2025.

What is the revenue of ELECTROLYSE?

As a small company, ELECTROLYSE is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,254,921.

How much does an employee at ELECTROLYSE earn?

The average wage cost per full-time employee at ELECTROLYSE was € 68,100 in 2025: staff costs of € 1.1 million for 16.2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does ELECTROLYSE have?

According to the 2025 annual accounts, ELECTROLYSE has 16.2 full-time equivalents (FTE).

ELECTROLYSE (Private Limited) - Menen - BE0442930110

Dossier ELECTROLYSE, printed on 29 October 2026 from databakkes.be/en/0442930110/electrolyse. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

ELECTROLYSE from Menen, company number BE0442930110, closed financial year 2025 with a result of € 76,577 after tax. For that financial year ELECTROLYSE recorded a gross margin of € 1.3 million and equity of € 975,051. Compared with financial year 2024, the result moved from € 411,765 to € 76,577. The company is profitable. 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 June 30, 2026.

What it is worth Healthy

€ 975,051

▼ 2% vs 2024

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

Profit Healthy

€ 76,577

▼ 81% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 517,592

▲ 216% vs 2024

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

Where the profit goes Pays out

€ 100,000 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

16.2

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

Wage cost

€ 1.1 million

▲ 2% vs 2024

€ 68,100 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

€ 93,359

▼ 22% vs 2024

Of which on lease € 45,655.

Debts at end 2025

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.

€ 144,177

▼ 20% vs 2024

€ 20,682 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 212,441

▼ 40% vs 2024

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

Taxes and wages

€ 159,141

▼ 2% 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	€ 1,482,494 Gross margin 2022: € 1,482,494 First fiscal year in the series	€ 1,401,426 Gross margin 2023: € 1,401,426 ▼ 5% vs 2022 (€ 1,482,494) Unfavourable step	€ 1,699,588 Gross margin 2024: € 1,699,588 ▲ 21% vs 2023 (€ 1,401,426) Favourable step	€ 1,254,921 Gross margin 2025: € 1,254,921 ▼ 26% vs 2024 (€ 1,699,588) Unfavourable step	▼ 26%
Profit after taxes	€ 296,996 Profit after taxes 2022: € 296,996 First fiscal year in the series	€ 243,811 Profit after taxes 2023: € 243,811 ▼ 18% vs 2022 (€ 296,996) Unfavourable step	€ 411,765 Profit after taxes 2024: € 411,765 ▲ 69% vs 2023 (€ 243,811) Favourable step	€ 76,577 Profit after taxes 2025: € 76,577 ▼ 81% vs 2024 (€ 411,765) Unfavourable step	▼ 81%
Equity	€ 582,898 Equity 2022: € 582,898 First fiscal year in the series	€ 706,709 Equity 2023: € 706,709 ▲ 21% vs 2022 (€ 582,898) Favourable step	€ 998,474 Equity 2024: € 998,474 ▲ 41% vs 2023 (€ 706,709) Favourable step	€ 975,051 Equity 2025: € 975,051 ▼ 2% vs 2024 (€ 998,474) Unfavourable step	▼ 2%
Total debts	€ 709,704 Total debts 2022: € 709,704 First fiscal year in the series	€ 1,068,490 Total debts 2023: € 1,068,490 ▲ 51% vs 2022 (€ 709,704) Unfavourable step	€ 815,380 Total debts 2024: € 815,380 ▼ 24% vs 2023 (€ 1,068,490) Favourable step	€ 615,759 Total debts 2025: € 615,759 ▼ 24% vs 2024 (€ 815,380) Favourable step	▼ 24%
Cash	€ 283,207 Cash 2022: € 283,207 First fiscal year in the series	€ 607,015 Cash 2023: € 607,015 ▲ 114% vs 2022 (€ 283,207) Favourable step	€ 163,717 Cash 2024: € 163,717 ▼ 73% vs 2023 (€ 607,015) Unfavourable step	€ 517,592 Cash 2025: € 517,592 ▲ 216% vs 2024 (€ 163,717) Favourable step	▲ 216%
Land & buildings	€ 27,448 Land & buildings 2022: € 27,448 First fiscal year in the series	€ 20,693 Land & buildings 2023: € 20,693 ▼ 25% vs 2022 (€ 27,448) Unchanged	€ 52,442 Land & buildings 2024: € 52,442 ▲ 153% vs 2023 (€ 20,693) Unchanged	€ 58,957 Land & buildings 2025: € 58,957 ▲ 12% vs 2024 (€ 52,442) Unchanged	▲ 12%
Retained profit	€ 527,122 Retained profit 2022: € 527,122 First fiscal year in the series	€ 650,933 Retained profit 2023: € 650,933 ▲ 23% vs 2022 (€ 527,122) Favourable step	€ 942,698 Retained profit 2024: € 942,698 ▲ 45% vs 2023 (€ 650,933) Favourable step	€ 919,275 Retained profit 2025: € 919,275 ▼ 2% vs 2024 (€ 942,698) Unfavourable step	▼ 2%
Dividend	€ 150,000 Dividend 2022: € 150,000 First fiscal year in the series	€ 120,000 Dividend 2023: € 120,000 ▼ 20% vs 2022 (€ 150,000) Unchanged	€ 120,000 Dividend 2024: € 120,000 Unchanged (€ 120,000) Unchanged	€ 100,000 Dividend 2025: € 100,000 ▼ 17% vs 2024 (€ 120,000) Unchanged	▼ 17%
Bank debt	€ 31,376 Bank debt 2022: € 31,376 First fiscal year in the series	€ 99,089 Bank debt 2023: € 99,089 ▲ 216% vs 2022 (€ 31,376) Unfavourable step	€ 180,401 Bank debt 2024: € 180,401 ▲ 82% vs 2023 (€ 99,089) Unfavourable step	€ 144,177 Bank debt 2025: € 144,177 ▼ 20% vs 2024 (€ 180,401) Favourable step	▼ 20%
Balance sheet total	€ 1,292,602 Balance sheet total 2022: € 1,292,602 First fiscal year in the series	€ 1,775,199 Balance sheet total 2023: € 1,775,199 ▲ 37% vs 2022 (€ 1,292,602) Unchanged	€ 1,813,854 Balance sheet total 2024: € 1,813,854 ▲ 2% vs 2023 (€ 1,775,199) Unchanged	€ 1,590,810 Balance sheet total 2025: € 1,590,810 ▼ 12% vs 2024 (€ 1,813,854) Unchanged	▼ 12%
Employees (FTE)	18.1 Employees (FTE) 2022: 18.1 First fiscal year in the series	16.9 Employees (FTE) 2023: 16.9 ▼ 1.2 vs 2022 (18.1) Unchanged	16.2 Employees (FTE) 2024: 16.2 ▼ 0.7 vs 2023 (16.9) Unchanged	16.2 Employees (FTE) 2025: 16.2 Unchanged (16.2) Unchanged

Key figures of ELECTROLYSE, 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 ELECTROLYSE?

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

Jun 30, 2026 New annual accounts for financial year 2025: profit of € 76,577 (▼ 81% vs 2024). Source: NBB ↗
2023 F&P Invest BV became a director. NBB
2023 EEG Group BV became a director. NBB
Feb 27, 1991 New establishment in Menen. KBO
Jan 3, 1991 Start of the company according to the CBE. KBO

In short

From € 296,996 profit in 2022 to € 76,577 profit in 2025.

Paid € 380,596 in corporate taxes since 2022.

Best year ever: 2024, with € 411,765 profit.

On average € 77,500 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

EEG GROUP 75%

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

ELECTROLYSE

Behind ELECTROLYSE are F&P Invest BV and EEG Group BV. The shares are held by EEG GROUP (75%).

Directors

According to the 2025 annual accounts

F&P Invest BV

Director · represented by Filip Salembier

since 2023

EEG Group BV

Director · represented by Karl Neyrinck

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

since 2023

Shareholders

EEG GROUP

75%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Ieperstraat 412

8930 Menen

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

Details

Company number

0442.930.110

VAT number

BE 0442.930.110

Registered office

Ieperstraat 412, 8930 Menen

Names & denominations

ELECTROLYSE

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

3 January 1991

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Algemene elektrotechnische installatiewerken

Elektrische installatie

View on CBE Public ↗ Annual accounts (NBB) ↗

ELECTROLYSE

Financials

What happened to ELECTROLYSE?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions