YVELEC is an electrical contractor in Fernelmont. Private Limited, started on 31 January 1994, 1 establishment.

What is the address of YVELEC?

The registered office of YVELEC is located at Rue Léopold Genicot, ZI, Nov. 3, 5380 Fernelmont.

Is YVELEC still active?

Yes. According to the CBE (29 October 2026) YVELEC is active, legal situation “Normale toestand”, started on 31 January 1994.

Is YVELEC registered on Peppol?

Yes, YVELEC is registered on the Peppol network with ID 0208:0451783240.

What is the enterprise number of YVELEC?

The enterprise number of YVELEC is BE0451783240.

When was YVELEC founded?

YVELEC was founded on 31 January 1994.

Who are the directors of YVELEC?

According to the 2026 annual accounts, the directors of YVELEC are: Alain Thirion, BFM SRL, Namelec SRL.

Is YVELEC a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 31 January 1994; 5 annual accounts filed, latest fiscal year 2026; 3 directors known from the annual account.

How much profit did YVELEC make in 2026?

YVELEC posted a profit after taxes of € 115,738 in financial year 2026.

What is the revenue of YVELEC?

As a small company, YVELEC is not required to publish revenue in its annual accounts. In financial year 2026, its added value was € 804,780.

How much does an employee at YVELEC earn?

The average wage cost per full-time employee at YVELEC was € 65,700 in 2026: staff costs of € 538,504 for 8.2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does YVELEC have?

According to the 2026 annual accounts, YVELEC has 8.2 full-time equivalents (FTE).

YVELEC (Private Limited) - Fernelmont - BE0451783240

Dossier YVELEC, printed on 29 October 2026 from databakkes.be/en/0451783240/yvelec. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2026

YVELEC from Fernelmont, company number BE0451783240, closed financial year 2026 with a result of € 115,738 after tax. For that financial year YVELEC recorded a gross margin of € 804,780 and equity of € 1 million. Compared with financial year 2025, the result moved from € 347,385 to € 115,738. 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 October 26, 2026.

What it is worth Growing

€ 1 million

▲ 13% vs 2025

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

Profit Healthy

€ 115,738

▼ 67% vs 2025

Profit after tax over the fiscal year.

Cash in the bank

€ 385,918

▼ 34% vs 2025

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2026. Retained profit grew to € 976,228.

People and assets in 2026

Full-time equivalents

8.2

▼ 0.1 vs 2025

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

Wage cost

€ 538,504

▲ 1% vs 2025

€ 65,700 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

€ 25,864

▼ 25% vs 2025

Of which on lease € 18,039.

Debts at end 2026

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 17,882

▼ 75% vs 2025

€ 9,021 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 163,552

▼ 1% vs 2025

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

Wages and social charges

€ 22,411

▼ 81% vs 2025

Wages, holiday pay and social contributions still to pay. No outstanding taxes.

Key figures per fiscal year Download key figures (CSV)
	2023	2024	2025	2026	Change 2025 → 2026
Gross margin	€ 1,043,793 Gross margin 2023: € 1,043,793 First fiscal year in the series	€ 910,704 Gross margin 2024: € 910,704 ▼ 13% vs 2023 (€ 1,043,793) Unfavourable step	€ 1,116,556 Gross margin 2025: € 1,116,556 ▲ 23% vs 2024 (€ 910,704) Favourable step	€ 804,780 Gross margin 2026: € 804,780 ▼ 28% vs 2025 (€ 1,116,556) Unfavourable step	▼ 28%
Profit after taxes	€ 200,170 Profit after taxes 2023: € 200,170 First fiscal year in the series	€ 222,312 Profit after taxes 2024: € 222,312 ▲ 11% vs 2023 (€ 200,170) Favourable step	€ 347,385 Profit after taxes 2025: € 347,385 ▲ 56% vs 2024 (€ 222,312) Favourable step	€ 115,738 Profit after taxes 2026: € 115,738 ▼ 67% vs 2025 (€ 347,385) Unfavourable step	▼ 67%
Equity	€ 672,325 Equity 2023: € 672,325 First fiscal year in the series	€ 829,849 Equity 2024: € 829,849 ▲ 23% vs 2023 (€ 672,325) Favourable step	€ 890,392 Equity 2025: € 890,392 ▲ 7% vs 2024 (€ 829,849) Favourable step	€ 1,004,287 Equity 2026: € 1,004,287 ▲ 13% vs 2025 (€ 890,392) Favourable step	▲ 13%
Total debts	€ 663,256 Total debts 2023: € 663,256 First fiscal year in the series	€ 529,004 Total debts 2024: € 529,004 ▼ 20% vs 2023 (€ 663,256) Favourable step	€ 639,910 Total debts 2025: € 639,910 ▲ 21% vs 2024 (€ 529,004) Unfavourable step	€ 203,845 Total debts 2026: € 203,845 ▼ 68% vs 2025 (€ 639,910) Favourable step	▼ 68%
Cash	€ 477,747 Cash 2023: € 477,747 First fiscal year in the series	€ 332,661 Cash 2024: € 332,661 ▼ 30% vs 2023 (€ 477,747) Unfavourable step	€ 588,212 Cash 2025: € 588,212 ▲ 77% vs 2024 (€ 332,661) Favourable step	€ 385,918 Cash 2026: € 385,918 ▼ 34% vs 2025 (€ 588,212) Unfavourable step	▼ 34%
Land & buildings	€ 449,076 Land & buildings 2023: € 449,076 First fiscal year in the series	€ 393,633 Land & buildings 2024: € 393,633 ▼ 12% vs 2023 (€ 449,076) Unchanged	€ 338,190 Land & buildings 2025: € 338,190 ▼ 14% vs 2024 (€ 393,633) Unchanged	€ 282,747 Land & buildings 2026: € 282,747 ▼ 16% vs 2025 (€ 338,190) Unchanged	▼ 16%
Retained profit	€ 638,739 Retained profit 2023: € 638,739 First fiscal year in the series	€ 798,106 Retained profit 2024: € 798,106 ▲ 25% vs 2023 (€ 638,739) Favourable step	€ 860,491 Retained profit 2025: € 860,491 ▲ 8% vs 2024 (€ 798,106) Favourable step	€ 976,228 Retained profit 2026: € 976,228 ▲ 13% vs 2025 (€ 860,491) Favourable step	▲ 13%
Dividend	€ 92,173 Dividend 2023: € 92,173 First fiscal year in the series	€ 62,946 Dividend 2024: € 62,946 ▼ 32% vs 2023 (€ 92,173) Unchanged	€ 285,000 Dividend 2025: € 285,000 ▲ € 222,054 vs 2024 (€ 62,946) Unchanged	€ 0 Dividend 2026: € 0 ▼ 100% vs 2025 (€ 285,000) Unchanged	▼ 100%
Bank debt	€ 237,473 Bank debt 2023: € 237,473 First fiscal year in the series	€ 154,154 Bank debt 2024: € 154,154 ▼ 35% vs 2023 (€ 237,473) Favourable step	€ 71,666 Bank debt 2025: € 71,666 ▼ 54% vs 2024 (€ 154,154) Favourable step	€ 17,882 Bank debt 2026: € 17,882 ▼ 75% vs 2025 (€ 71,666) Favourable step	▼ 75%
Balance sheet total	€ 1,335,581 Balance sheet total 2023: € 1,335,581 First fiscal year in the series	€ 1,358,852 Balance sheet total 2024: € 1,358,852 ▲ 2% vs 2023 (€ 1,335,581) Unchanged	€ 1,530,302 Balance sheet total 2025: € 1,530,302 ▲ 13% vs 2024 (€ 1,358,852) Unchanged	€ 1,208,132 Balance sheet total 2026: € 1,208,132 ▼ 21% vs 2025 (€ 1,530,302) Unchanged	▼ 21%
Employees (FTE)	10.6 Employees (FTE) 2023: 10.6 First fiscal year in the series	8.5 Employees (FTE) 2024: 8.5 ▼ 2.1 vs 2023 (10.6) Unchanged	8.3 Employees (FTE) 2025: 8.3 ▼ 0.2 vs 2024 (8.5) Unchanged	8.2 Employees (FTE) 2026: 8.2 ▼ 0.1 vs 2025 (8.3) Unchanged	▼ 0.1

Key figures of YVELEC, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.

What happened to YVELEC?

What happened at YVELEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Oct 26, 2026 New annual accounts for financial year 2026: profit of € 115,738 (▼ 67% vs 2025). Source: NBB ↗
2026 BFM SRL became a director. NBB
2026 Alain Thirion became a director. NBB
2025 Namelec SRL became a director. NBB
Feb 9, 1994 New establishment in Fernelmont. KBO
Jan 31, 1994 Start of the company according to the CBE. KBO

In short

From € 200,170 profit in 2023 to € 115,738 profit in 2026.

Paid € 307,177 in corporate taxes since 2023.

Best year ever: 2025, with € 347,385 profit.

On average € 98,100 of value added per employee in 2026.

Original PDFs at the National Bank ↗

Management

Alain Thirion BFM SRL Namelec SRL

YVELEC

Geeroms

CLIMATEC SERVICE

VAN HAUTE COOLING

Behind YVELEC are Alain Thirion, BFM SRL and Namelec SRL. BFM SRL is also behind Geeroms, CLIMATEC SERVICE, VAN HAUTE COOLING, Overcool and POLARSUN.

Directors

According to the 2026 annual accounts

Alain Thirion

Director

since 2026

BFM SRL

Director · represented by Benoit Fabry

Also active at: Geeroms, CLIMATEC SERVICE, VAN HAUTE COOLING, Overcool, POLARSUN, IMMO PAGGEN, IEPERCOOL

since 2026

Namelec SRL

Director · represented by Jan Van Der Beke

since 2025

Establishments

Establishment units

Physical locations of this company

Registered office

Rue Léopold Genicot, ZI, Nov. 3

5380 Fernelmont

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0451.783.240

VAT number

BE 0451.783.240

Registered office

Rue Léopold Genicot, ZI, Nov. 3, 5380 Fernelmont

Names & denominations

YVELEC

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

31 January 1994

Peppol

Active · Active since 2 Dec 2025

Activities · NACE

Algemene elektrotechnische installatiewerken

Elektrische installatie

Aanleg van pijpleidingen, telecommunicatieleidingen en hoogspanningsleidingen

Detailhandel in elektrische huishoudapparaten en in audio- en videoapparatuur

Detailhandel in elektrische huishoudapparaten

Bouw van civieltechnische werken voor elektriciteit en telecommunicatie

View on CBE Public ↗ Annual accounts (NBB) ↗

YVELEC

Financials

What happened to YVELEC?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions