Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 2.9 to 2.
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Busy address KBO
16 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
FARNELL (BELGIUM) from Machelen (Brab.), company number BE0451185503, closed financial year 2025 with a result of € 291,005 after tax. For that financial year FARNELL (BELGIUM) recorded revenue of € 12.9 million and equity of € 6.8 million. Compared with financial year 2024, the result moved from € 349,641 to € 291,005. The company is profitable. 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 March 9, 2026.
€ 6.8 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 291,005
▼ 17% vs 2024
Profit after tax over the fiscal year.
€ 6,167
▼ 30% 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 € 6.7 million.
People and assets in 2025
2
▼ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 197,660
▼ 30% vs 2024
€ 98,800 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1.3 million
▼ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 37 days on average.
€ 262,047
▼ 15% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 15,449,322 | € 16,177,907 | € 14,639,979 | € 12,894,932 | ▼ 12% |
| Profit after taxes | € 394,236 | € 325,470 | € 349,641 | € 291,005 | ▼ 17% |
| Equity | € 5,836,272 | € 6,161,743 | € 6,511,383 | € 6,802,388 | ▲ 4% |
| Total debts | € 2,095,999 | € 1,821,055 | € 1,644,808 | € 1,521,371 | ▼ 8% |
| Cash | € 17,471 | € 25,172 | € 8,767 | € 6,167 | ▼ 30% |
| Retained profit | € 5,774,772 | € 6,100,243 | € 6,449,883 | € 6,740,888 | ▲ 5% |
| Balance sheet total | € 7,932,271 | € 7,982,798 | € 8,156,191 | € 8,323,759 | ▲ 2% |
| Employees (FTE) | 3 | 2.9 | 2.7 | 2 | ▼ 0.7 |
Key figures of FARNELL (BELGIUM), 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 FARNELL (BELGIUM)?
What happened at FARNELL (BELGIUM) in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Gavin Hodgson-Silke stepped down as director. NBB
- Stéphanie Damien stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 291,005 (▼ 17% vs 2024). filed late Source: NBB ↗
- Darrel Jackson stepped down as director. NBB
- Gavin Hodgson-Silke became a director. NBB
- Stéphanie Damien became a director. NBB
- Darrel Jackson became a director. NBB
- New establishment in Machelen (Brab.). KBO
In short
From € 394,236 profit in 2022 to € 291,005 profit in 2025.
Paid € 508,524 in corporate taxes since 2022.
Best year ever: 2022, with € 394,236 profit.
Pays suppliers within 37 days on average.
Management
Directors
According to the 2025 annual accounts
Darrel Jackson
Director
since 2019 · until 2026
Stéphanie Damien
Director
Also active at: TENVA INVESTMENTS, AVNET INTERNATIONAL HOLDINGS 1, AVNET INTERNATIONAL HOLDINGS 2
since 2020 · until 2026
Gavin Hodgson-Silke
Director
since 2021 · until 2026
Establishments
Establishment units
Physical locations of this company
De Kleetlaan 3
1831 Machelen (Brab.)
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 16 companies are registered at this address.
All companies at this address →MENARINI BENELUX
€ 78.3 million revenue · 2025
Manpower (Belgium)
€ 231.6 million revenue · 2025
TENVA BELGIUM
ManpowerGroup Solutions Belgium
€ 16.8 million revenue · 2025
RIGHT MANAGEMENT BELGIUM
€ 5.4 million revenue · 2025
+11 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0451.185.503
- VAT number
- BE 0451.185.503
- Registered office
- De Kleetlaan 3, 1831 Machelen (Brab.)
- Names & denominations
- FARNELL (BELGIUM)
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 November 1993
- Peppol
- Active · Active since 24 Apr 2025
- Activities · NACE
Groothandel in elektrisch materiaal inclusief installatiemateriaal
Groothandel in elektrisch materiaal, inclusief installatiemateriaal
Overige niet-gespecialiseerde detailhandel
Overige advisering in verband met programmatuur en levering van programmatuur
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Detailhandel in ICT-apparatuur
Groothandel in informatie- en communicatieapparatuur
+3