Financials
Financial year 2025
ELECTRO GDB from Schaarbeek, company number BE0454837849, closed financial year 2025 with a result of € 624,166 after tax. For that financial year ELECTRO GDB recorded a gross margin of € 1.9 million and equity of € 1.6 million. Compared with financial year 2024, the result moved from € 441,678 to € 624,166. 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 9, 2026.
€ 1.6 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 624,166
▲ 41% vs 2024
Profit after tax over the fiscal year.
€ 445,644
▲ 31% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 620,000 paid out
99 % of the profit went to the shareholders, mostly to BALTEAU I.E. (100 % of the shares). That is where the money ends up.
People and assets in 2025
16.9
▲ 1.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▲ 25% vs 2024
€ 63,200 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.
€ 1.2 million
▼ 46% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 196,054
▲ 5% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,248,841 | € 951,078 | € 1,510,372 | € 1,883,202 | ▲ 25% |
| Profit after taxes | € 179,428 | € 236,698 | € 441,678 | € 624,166 | ▲ 41% |
| Equity | € 1,637,386 | € 1,644,084 | € 1,645,762 | € 1,649,928 | |
| Total debts | € 614,063 | € 1,656,321 | € 3,087,512 | € 2,038,879 | ▼ 34% |
| Cash | € 80,885 | € 251,895 | € 340,635 | € 445,644 | ▲ 31% |
| Land & buildings | € 816,348 | € 791,517 | € 766,685 | € 741,853 | ▼ 3% |
| Retained profit | € 1,437,386 | € 1,444,084 | € 1,445,762 | € 1,449,928 | |
| Dividend | € 175,000 | € 230,000 | € 440,000 | € 620,000 | ▲ 41% |
| Balance sheet total | € 2,276,241 | € 3,300,405 | € 4,733,274 | € 3,688,807 | ▼ 22% |
| Employees (FTE) | 15.8 | 15 | 15 | 16.9 | ▲ 1.9 |
Key figures of ELECTRO GDB, 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 ELECTRO GDB?
What happened at ELECTRO GDB in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Said DENSSI stepped down as director. NBB
- JSR CONSULT SRL stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 624,166 (▲ 41% vs 2024). Source: NBB ↗
- Luc GRISIUS stepped down as director. NBB
- Luc GRISIUS became a director. NBB
- Said DENSSI became a director. NBB
- JSR CONSULT SRL became a director. NBB
- New establishment in Schaarbeek. KBO
In short
From € 179,428 profit in 2022 to € 624,166 profit in 2025.
Paid € 555,488 in corporate taxes since 2022.
Best year ever: 2025, with € 624,166 profit.
On average € 111,400 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
The stake of BALTEAU I.E., BALTEAU GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ELECTRO GDBThe shares are held by BALTEAU I.E. (99.9%) and BALTEAU GROUP (0.1%).
Directors
According to the 2025 annual accounts
Luc GRISIUS
Director
since 2025 · until 2026
Said DENSSI
Director
since 2025 · until 2031
Managing director · represented by Salvatore RIZZO
Also active at: BALTEAU I.E., ENGENEERING CABLING SYSTEM, ALARME CONTROLE, SERVICE PARTNER, T.C.S., LOUISED, ECOGREEN SOFT, PARTFIN +6 more
since 2025 · until 2031
Shareholders
99.9%
0.1%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Schaarbeekse Haardstraat 11
1030 Schaarbeek
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
- 0454.837.849
- VAT number
- BE 0454.837.849
- Registered office
- Schaarbeekse Haardstraat 11, 1030 Schaarbeek
- Names & denominations
- ELECTRO GDB
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 March 1995
- Peppol
- Active · Active since 8 Sept 2025
- Activities · NACE
Algemene elektrotechnische installatiewerken
Elektrische installatie