Financials
Financial year 2025
ELECTRICITEITSWERKEN ELECTRO DRD from Gavere, company number BE0447430712, closed financial year 2025 with a result of € -70,295 after tax. For that financial year ELECTRICITEITSWERKEN ELECTRO DRD recorded a gross margin of € 276,274 and equity of € 5,682. Compared with financial year 2024, the result moved from € 2,350 to € -70,295. The company made a loss. The buffer shrank hard: equity is 93 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.
€ 5,682
▼ 93% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -70,295
▼ still € 2,350 profit in 2024
Profit after tax over the fiscal year.
€ 6,380
▲ 214% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -412,910.
People and assets in 2025
4.2
▼ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 254,273
▼ 9% vs 2024
€ 60,500 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.
€ 8,590
▼ 70% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 71,060
▼ 27% vs 2024
€ 6,837 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 178,361
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 92,248
▼ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 333,382 | € 304,324 | € 351,026 | € 276,274 | ▼ 21% |
| Profit after taxes | € 18,813 | € 7,990 | € 2,350 | € -70,295 | ▼ € 72,645 |
| Equity | € 65,636 | € 73,626 | € 75,977 | € 5,682 | ▼ 93% |
| Total debts | € 330,705 | € 358,793 | € 375,027 | € 351,206 | ▼ 6% |
| Cash | € 24,806 | € 5,143 | € 2,030 | € 6,380 | ▲ 214% |
| Retained profit | € -352,956 | € -344,966 | € -342,615 | € -412,910 | ▼ € 70,295 |
| Bank debt | € 182,171 | € 132,384 | € 97,591 | € 71,060 | ▼ 27% |
| Balance sheet total | € 396,340 | € 432,419 | € 451,004 | € 356,888 | ▼ 21% |
| Employees (FTE) | - | - | 4.8 | 4.2 | ▼ 0.6 |
Key figures of ELECTRICITEITSWERKEN ELECTRO DRD, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to ELECTRICITEITSWERKEN ELECTRO DRD?
What happened at ELECTRICITEITSWERKEN ELECTRO DRD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 70,295 (▼ € 72,645 vs 2024). Source: NBB ↗
- New establishment in Gavere. KBO
- Start of the company according to the CBE. KBO
In short
From € 18,813 profit in 2022 to € 70,295 loss in 2025.
Paid € 22,624 in corporate taxes since 2022.
Best year ever: 2022, with € 18,813 profit.
On average € 65,800 of value added per employee in 2025.
Management
Behind ELECTRICITEITSWERKEN ELECTRO DRD is Geert Raymond De Raeve.
Directors
According to the 2025 annual accounts
Geert Raymond De Raeve
Director
Establishments
Establishment units
Physical locations of this company
Markt 29
9890 Gavere
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0447.430.712
- VAT number
- BE 0447.430.712
- Registered office
- Markt 29, 9890 Gavere
- Names & denominations
- ELECTRICITEITSWERKEN ELECTRO DRD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 April 1992
- Peppol
- Active · Active since 2 Dec 2025
- Activities · NACE
Algemene elektrotechnische installatiewerken
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsvoering en beheer
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Overige detailhandel in nieuwe artikelen neg
Groothandel in elektrisch materiaal, inclusief installatiemateriaal
Overige gespecialiseerde detailhandel in artikelen, andere dan voedingsmiddelen, n.e.g.
Groothandel in elektrisch materiaal inclusief installatiemateriaal