Active · per the CBE, 30 October 2026

ELECTRICITEITSWERKEN ELECTRO DRD

BE0447430712

Rechtspersoon Private limited company 1 establishment

ELECTRICITEITSWERKEN ELECTRO DRD is an electrical contractor in Gavere. Private Limited, started on 30 April 1992, 1 establishment.

Markt 29, 9890 Gavere

Behind the company: Geert Raymond De Raeve.

Active for

34 year, 6 months

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.

What it is worth Shrank hard

€ 5,682

▼ 93% vs 2024

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

Loss Caution

€ -70,295

▼ still € 2,350 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 6,380

▲ 214% vs 2024

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 € -412,910.

People and assets in 2025

Full-time equivalents

4.2

▼ 0.6 vs 2024

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

Wage cost

€ 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.

Vehicles and equipment

€ 8,590

▼ 70% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 10 years to go

€ 71,060

▼ 27% vs 2024

€ 6,837 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.

Owed to suppliers

€ 178,361

▲ 2% vs 2024

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

Taxes and wages

€ 92,248

▼ 2% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 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

Geert Raymond De Raeve
ELECTRICITEITSWERKEN ELECTRO DRD

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

Registered office

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

Frequently asked questions

What does ELECTRICITEITSWERKEN ELECTRO DRD do?
ELECTRICITEITSWERKEN ELECTRO DRD is an electrical contractor in Gavere. Private Limited, started on 30 April 1992, 1 establishment.
What is the address of ELECTRICITEITSWERKEN ELECTRO DRD?
The registered office of ELECTRICITEITSWERKEN ELECTRO DRD is located at Markt 29, 9890 Gavere.
Is ELECTRICITEITSWERKEN ELECTRO DRD still active?
Yes. According to the CBE (30 October 2026) ELECTRICITEITSWERKEN ELECTRO DRD is active, legal situation “Normale toestand”, started on 30 April 1992.
Is ELECTRICITEITSWERKEN ELECTRO DRD registered on Peppol?
Yes, ELECTRICITEITSWERKEN ELECTRO DRD is registered on the Peppol network with ID 0208:0447430712.
What is the enterprise number of ELECTRICITEITSWERKEN ELECTRO DRD?
The enterprise number of ELECTRICITEITSWERKEN ELECTRO DRD is BE0447430712.
When was ELECTRICITEITSWERKEN ELECTRO DRD founded?
ELECTRICITEITSWERKEN ELECTRO DRD was founded on 30 April 1992.