Financials
Financial year 2025
Electro Wim Algoet from Wortegem-Petegem, company number BE0465247038, closed financial year 2025 with a result of € 23,263 after tax. For that financial year Electro Wim Algoet recorded a gross margin of € 54,682 and equity of € 302,095. Compared with financial year 2024, the result moved from € 14,147 to € 23,263. 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 April 30, 2026.
€ 302,095
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 23,263
▲ 64% vs 2024
Profit after tax over the fiscal year.
€ 128,534
▲ 129% 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 € 216,175.
People and assets in 2025
€ 8,098
▼ 58% 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.
€ 12,886
▼ 32% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,286
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 38,125 | € 40,792 | € 40,991 | € 54,682 | ▲ 33% |
| Profit after taxes | € 13,875 | € 13,511 | € 14,147 | € 23,263 | ▲ 64% |
| Equity | € 251,174 | € 264,685 | € 278,832 | € 302,095 | ▲ 8% |
| Total debts | € 149,924 | € 150,246 | € 163,223 | € 170,705 | ▲ 5% |
| Cash | € 118,091 | € 134,097 | € 56,212 | € 128,534 | ▲ 129% |
| Retained profit | € 165,254 | € 178,765 | € 192,912 | € 216,175 | ▲ 12% |
| Balance sheet total | € 401,098 | € 414,931 | € 442,055 | € 472,800 | ▲ 7% |
Key figures of Electro Wim Algoet, 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 April 2027.
What happened to Electro Wim Algoet?
What happened at Electro Wim Algoet in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 23,263 (▲ 64% vs 2024). Source: NBB ↗
- New establishment in Wortegem-Petegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,875 profit in 2022 to € 23,263 profit in 2025.
Paid € 32,112 in corporate taxes since 2022.
Best year ever: 2025, with € 23,263 profit.
Management
Behind Electro Wim Algoet is Wim Algoet.
Directors
According to the 2025 annual accounts
Wim Algoet
Director
Establishments
Establishment units
Physical locations of this company
Waregemseweg (W.) 15
9790 Wortegem-Petegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0465.247.038
- VAT number
- BE 0465.247.038
- Registered office
- Waregemseweg (W.) 15, 9790 Wortegem-Petegem
- Names & denominations
- Electro Wim Algoet · Electro W. Algoet
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 January 1999
- Peppol
- Active · Active since 12 Nov 2025
- Activities · NACE
Detailhandel in elektrische huishoudapparaten
Detailhandel in verlichtingsartikelen
Detailhandel in verlichtingsartikelen in gespecialiseerde winkels