Financials
Financial year 2025
ARTEL ELECTRO from Grimbergen, company number BE0450030609, closed financial year 2025 with a result of € 98,660 after tax. For that financial year ARTEL ELECTRO recorded a gross margin of € 350,778 and equity of € 156,295. Compared with financial year 2024, the result moved from € -2,423 to € 98,660. 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 July 31, 2026.
€ 156,295
▲ 171% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 98,660
▲ still € 2,423 loss in 2024
Profit after tax over the fiscal year.
€ 153,471
▲ € 133,909 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 € 145,064.
People and assets in 2025
€ 191,896
▲ 27% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 21,526
▲ € 16,172 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 11,550
▼ 50% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 61,274
▲ € 47,526 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 139,517 | € 136,700 | € 163,793 | € 350,778 | ▲ 114% |
| Profit after taxes | € 21,920 | € 9,611 | € -2,423 | € 98,660 | ▲ € 101,083 |
| Equity | € 50,448 | € 60,058 | € 57,636 | € 156,295 | ▲ 171% |
| Total debts | € 48,714 | € 56,456 | € 44,123 | € 72,890 | ▲ 65% |
| Cash | € 20,847 | € 54,952 | € 19,562 | € 153,471 | ▲ € 133,909 |
| Retained profit | € 39,217 | € 48,827 | € 46,405 | € 145,064 | ▲ 213% |
| Bank debt | € 14,355 | € 8,655 | € 2,807 | € 0 | ▼ 100% |
| Balance sheet total | € 99,161 | € 116,514 | € 101,759 | € 229,185 | ▲ 125% |
Key figures of ARTEL ELECTRO, 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 ARTEL ELECTRO?
What happened at ARTEL ELECTRO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 98,660. Source: NBB ↗
- New establishment in Grimbergen. KBO
- Start of the company according to the CBE. KBO
In short
From € 21,920 profit in 2022 to € 98,660 profit in 2025.
Paid € 73,493 in corporate taxes since 2022.
Best year ever: 2025, with € 98,660 profit.
Management
Behind ARTEL ELECTRO is Armend OSMANI. Armend OSMANI is also behind EL-ART.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Hendrik Drapsstraat 6B
1853 Grimbergen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
DIGITALOCEAN-ASN - DigitalOcean, LLC, US
Website info
Features
Security
Details
- Company number
- 0450.030.609
- VAT number
- BE 0450.030.609
- Registered office
- Hendrik Drapsstraat 6B, 1853 Grimbergen
- Names & denominations
- ARTEL ELECTRO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 April 1993
- Peppol
- Active · Active since 12 Nov 2025
- Contact
- artelelectro.be [email protected]
- Activities · NACE
Algemene elektrotechnische installatiewerken
Schilderen van gebouwen
Schilderen
Overige reiniging van gebouwen; industriële reiniging
Industriële reiniging