Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
Financials
Financial year 2024
ENTELEC from Diepenbeek, company number BE0448169791, closed financial year 2024 with a result of € -138,140 after tax. For that financial year ENTELEC recorded a gross margin of € 554,264 and equity of € 880,153. Compared with financial year 2023, the result moved from € -40,733 to € -138,140. 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 November 30, 2025.
€ 880,153
▼ 14% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -138,140
▼ 239 % more loss than in 2023
Profit after tax over the fiscal year.
€ 114,233
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 445,774.
People and assets in 2024
7.7
▲ 1 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 606,808
▲ 24% vs 2023
€ 78,800 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.
€ 59,262
Of which on lease € 57,470.
Debts at end 2024
€ 22,765
▼ 43% vs 2023
€ 17,403 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 1.6 million
▲ 22% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 41,569
▼ 60% vs 2023
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 637,454 | € 1,211,077 | € 490,647 | € 554,264 | ▲ 13% |
| Profit after taxes | € 73,463 | € 509,657 | € -40,733 | € -138,140 | ▼ € 97,407 |
| Equity | € 649,369 | € 1,059,026 | € 1,018,293 | € 880,153 | ▼ 14% |
| Total debts | € 1,530,646 | € 1,727,038 | € 2,957,436 | € 3,396,765 | ▲ 15% |
| Cash | - | - | - | € 114,233 | |
| Land & buildings | € 288,927 | - | - | - | |
| Retained profit | € 214,990 | € 624,647 | € 583,914 | € 445,774 | ▼ 24% |
| Dividend | € 0 | € 100,000 | € 0 | € 0 | |
| Bank debt | € 94,446 | € 74,839 | € 40,168 | € 22,765 | ▼ 43% |
| Balance sheet total | € 2,180,014 | € 2,786,064 | € 3,975,729 | € 4,276,918 | ▲ 8% |
| Employees (FTE) | 7.7 | 6.7 | 6.7 | 7.7 | ▲ 1 |
Key figures of ENTELEC, 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 ENTELEC?
What happened at ENTELEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 138,140. filed late Source: NBB ↗
- New establishment in Diepenbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 73,463 profit in 2021 to € 138,140 loss in 2024.
Paid € 213,230 in corporate taxes since 2021.
Best year ever: 2022, with € 509,657 profit.
On average € 72,000 of value added per employee in 2024.
Management
Behind ENTELEC are Entelec International NV and L.R.M.S. BV. The same people are also behind ENTELEC CONTROL SYSTEMS. Entelec International NV is also behind RAETS NAVIGATION. L.R.M.S. BV is also behind ENTELEC INTERNATIONAL.
Directors
According to the 2024 annual accounts
Director · represented by Dirk Raets
Also active at: ENTELEC CONTROL SYSTEMS, RAETS NAVIGATION
Director · represented by Miet Loix
Also active at: ENTELEC CONTROL SYSTEMS, ENTELEC INTERNATIONAL
Establishments
Establishment units
Physical locations of this company
Wetenschapspark 25
3590 Diepenbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0448.169.791
- VAT number
- BE 0448.169.791
- Registered office
- Wetenschapspark 25, 3590 Diepenbeek
- Names & denominations
- ENTELEC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 September 1992
- Peppol
- Active · Active since 5 Jan 2026
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