Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 43 % of short-term debt in 2025; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 7.3 to 3.8.
Financials
Financial year 2025
Electro Center from Oostende, company number BE0455487749, closed financial year 2025 with a result of € 13,542 after tax. For that financial year Electro Center recorded a gross margin of € 421,838 and equity of € 854,301. Compared with financial year 2024, the result moved from € -98,807 to € 13,542. 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 30, 2026.
€ 854,301
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 13,542
▲ still € 98,807 loss in 2024
Profit after tax over the fiscal year.
€ 23,847
▼ 84% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 13,500 paid out
100 % of the profit went to the shareholders, mostly to Remawas (100 % of the shares). That is where the money ends up.
People and assets in 2025
3.8
▼ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 353,557
▼ 3% vs 2024
€ 93,000 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.
€ 74,735
▼ 32% vs 2024
Of which on lease € 35,751.
Debts at end 2025
€ 370,521
▲ 5% vs 2024
€ 27,590 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 345,511
▲ 107% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,843
▼ 32% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 607,535 | € 592,141 | € 356,190 | € 421,838 | ▲ 18% |
| Profit after taxes | € 76,760 | € 95,057 | € -98,807 | € 13,542 | ▲ € 112,349 |
| Equity | € 953,009 | € 953,066 | € 854,259 | € 854,301 | |
| Total debts | € 956,539 | € 923,114 | € 856,400 | € 984,126 | ▲ 15% |
| Cash | € 85,654 | € 102,200 | € 150,138 | € 23,847 | ▼ 84% |
| Land & buildings | € 26,428 | € 13,014 | € 0 | € 1,092 | |
| Retained profit | € 329,009 | € 329,066 | € 230,259 | € 230,301 | |
| Dividend | € 76,500 | € 95,000 | € 0 | € 13,500 | |
| Bank debt | € 324,602 | € 317,332 | € 353,427 | € 370,521 | ▲ 5% |
| Balance sheet total | € 1,909,548 | € 1,876,180 | € 1,710,659 | € 1,838,428 | ▲ 7% |
| Employees (FTE) | 7.7 | 7.3 | 4.8 | 3.8 | ▼ 1 |
Key figures of Electro Center, 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 Center?
What happened at Electro Center in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 13,542. Source: NBB ↗
- Remawas BV became a director. NBB
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
In short
From € 76,760 profit in 2022 to € 13,542 profit in 2025.
Paid € 13,353 in corporate taxes since 2022.
Best year ever: 2023, with € 95,057 profit.
On average € 111,000 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 Remawas comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Electro CenterBehind Electro Center is Remawas BV. The shares are held by Remawas (100%).
Directors
According to the 2025 annual accounts
Director · represented by Deloof Jill
since 2021
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Zandvoordeschorredijkstraat 299
8400 Oostende
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0455.487.749
- VAT number
- BE 0455.487.749
- Registered office
- Zandvoordeschorredijkstraat 299, 8400 Oostende
- Names & denominations
- Electro Center
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 June 1995
- Peppol
- Active · Active since 30 Jan 2025
- Activities · NACE
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