Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
SWITCH LIGHTING STORE from Malmedy, company number BE0462313777, closed financial year 2025 with a result of € -193,524 after tax. For that financial year SWITCH LIGHTING STORE recorded a gross margin of € 95,503 and equity of € -85,526. Compared with financial year 2024, the result moved from € -122,145 to € -193,524. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.
€ -85,526
▼ € 193,524 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -193,524
▼ 58 % more loss than in 2024
Profit after tax over the fiscal year.
€ 21,335
▼ 61% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -147,763.
People and assets in 2025
400.1
▲ 396.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 248,147
▼ 6% vs 2024
€ 600 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.
€ 1,343
▲ 231% 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.
€ 138,579
▼ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 35,694
▼ 38% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 345,022 | € 283,286 | € 174,734 | € 95,503 | ▼ 45% |
| Profit after taxes | € 69,285 | € 2,971 | € -122,145 | € -193,524 | ▼ € 71,378 |
| Equity | € 227,172 | € 230,143 | € 107,998 | € -85,526 | ▼ € 193,524 |
| Total debts | € 523,032 | € 509,118 | € 552,157 | € 488,826 | ▼ 11% |
| Cash | € 43,588 | € 59,890 | € 54,626 | € 21,335 | ▼ 61% |
| Retained profit | € 164,936 | € 167,906 | € 45,761 | € -147,763 | ▼ € 193,524 |
| Bank debt | € 27,219 | € 19,772 | € 0 | € 0 | |
| Balance sheet total | € 750,205 | € 739,261 | € 660,155 | € 403,300 | ▼ 39% |
| Employees (FTE) | 4 | 3.6 | 3.9 | 400.1 | ▲ 396.2 |
Key figures of SWITCH LIGHTING STORE, 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 SWITCH LIGHTING STORE?
What happened at SWITCH LIGHTING STORE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 193,524. Source: NBB ↗
- Kurt Colin Consulting became a director. NBB
- AG Solutio became a director. NBB
- New establishment in Malmedy. KBO
- New establishment in Liège. KBO
- Start of the company according to the CBE. KBO
In short
From € 69,285 profit in 2022 to € 193,524 loss in 2025.
Paid € 2,850 in corporate taxes since 2022.
Best year ever: 2022, with € 69,285 profit.
On average € 200 of value added per employee in 2025.
Management
The stake of LIGHT-ELECT HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SWITCH LIGHTING STOREBehind SWITCH LIGHTING STORE are Kurt Colin Consulting and AG Solutio. The shares are held by LIGHT-ELECT HOLDING (100%).
Directors
According to the 2025 annual accounts
Director · represented by Kurt COLIN
Also active at: DISTRI-LIGHT, ELECTRO MARKET DISCOUNT, STYLESPACE, GEBELUX, LIGHT - ELEC, AGEMAT, LIGHT-ELEC BRABANT WALLON, LIGHT CONSULT RESEARCH +6 more
since 2024
Director · represented by Albert GERON
Also active at: DISTRI-LIGHT, ELECTRO MARKET DISCOUNT, STYLESPACE, GEBELUX, LIGHT - ELEC, LIGHT-ELEC BRABANT WALLON, LIGHT CONSULT RESEARCH, LIGHT-ELECT HOLDING +4 more
since 2024
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Baugnez-Route de Waimes 83
4960 Malmedy
Avenue de l'Indépendance 71
4020 Liège
Active since 9 November 2002
Avenue Monbijou 5a box 2
4960 Malmedy
Active since 29 December 2021
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0462.313.777
- VAT number
- BE 0462.313.777
- Registered office
- Baugnez-Route de Waimes 83, 4960 Malmedy
- Names & denominations
- SWITCH LIGHTING STORE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 January 1998
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Groothandel in elektrisch materiaal inclusief installatiemateriaal
Groothandel in elektrisch materiaal, inclusief installatiemateriaal