Financials
Financial year 2025
ETILEC from Gent, company number BE0448008752, closed financial year 2025 with a result of € 108,298 after tax. For that financial year ETILEC recorded a gross margin of € 501,779 and equity of € 534,167. Compared with financial year 2024, the result moved from € 87,659 to € 108,298. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 6, 2026.
€ 534,167
▲ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 108,298
▲ 24% vs 2024
Profit after tax over the fiscal year.
€ 63,035
▼ 22% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 305,067.
People and assets in 2025
4.4
Average over the fiscal year, from the social balance sheet.
€ 295,930
▼ 14% vs 2024
€ 67,300 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.
€ 43,974
▲ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 365,381
▲ 8% vs 2024
€ 23,412 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 251,652
▲ 111% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 81,796
▲ 29% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2023 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 306,817 | € 208,494 | € 524,053 | € 501,779 | ▼ 4% |
| Profit after taxes | € 26,484 | € 88,908 | € 87,659 | € 108,298 | ▲ 24% |
| Equity | € 249,302 | € 338,210 | € 425,870 | € 534,167 | ▲ 25% |
| Total debts | € 620,212 | € 536,259 | € 522,613 | € 700,877 | ▲ 34% |
| Cash | € 64,527 | € 173,479 | € 81,295 | € 63,035 | ▼ 22% |
| Land & buildings | € 381,486 | € 380,927 | € 364,397 | € 341,738 | ▼ 6% |
| Retained profit | € 20,202 | € 109,110 | € 196,770 | € 305,067 | ▲ 55% |
| Bank debt | € 357,226 | € 345,353 | € 339,014 | € 365,381 | ▲ 8% |
| Balance sheet total | € 869,514 | € 874,469 | € 948,483 | € 1,235,044 | ▲ 30% |
| Employees (FTE) | - | - | 0 | 4.4 |
Key figures of ETILEC, fiscal years 2023 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 ETILEC?
What happened at ETILEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 108,298 (▲ 24% vs 2024). filed late Source: NBB ↗
- Arvitech BV became a director. NBB
- Allround Services & Consulting BV became a director. NBB
- Kodemation BV became a director. NBB
- New establishment in Gent. KBO
- New establishment in Lievegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 26,484 profit in 2023 to € 108,298 profit in 2025.
Paid € 74,798 in corporate taxes since 2023.
Best year ever: 2025, with € 108,298 profit.
On average € 114,000 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind ETILEC are Arvitech BV, Allround Services & Consulting BV and Kodemation BV.
Directors
According to the 2025 annual accounts
Director · represented by Arvid Bouters
since 2025
Allround Services & Consulting BV
Director · represented by Jens De Kerf
since 2025
Director · represented by Gilles Kodeck
since 2025
Establishments
Establishment units
Physical locations of this company
Traktaatweg 13
9000 Gent
Koning Leopoldstraat 38
9920 Lievegem
Active since 31 August 1992
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0448.008.752
- VAT number
- BE 0448.008.752
- Registered office
- Traktaatweg 13, 9000 Gent
- Names & denominations
- ETILEC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 August 1992
- Peppol
- Active · Active since 29 Aug 2023
- Activities · NACE
Vervaardiging van schakel- en verdeelinrichtingen
Vervaardiging van overige elektrische benodigdheden, n.e.g.
Vervaardiging van andere elektrische apparatuur
Elektrische installatie
Algemene elektrotechnische installatiewerken