Financials
Financial year 2025
ELECTRICAL INSTALLATIONWORKS VERSTRAETE from Deinze, company number BE0466979279, closed financial year 2025 with a result of € 12,098 after tax. For that financial year ELECTRICAL INSTALLATIONWORKS VERSTRAETE recorded a gross margin of € 46,889 and equity of € 275,690. Compared with financial year 2024, the result moved from € 82,092 to € 12,098. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 17, 2026.
€ 275,690
▼ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 12,098
▼ 85% vs 2024
Profit after tax over the fiscal year.
€ 320,071
▲ 35% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 89,166 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
1.5
Average over the fiscal year, from the social balance sheet.
€ 1,363
▼ 55% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 142,745
▼ 15% vs 2024
€ 25,472 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 7,775
▼ 54% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,385
▼ 72% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 628,850 | € 679,208 | € 333,117 | € 46,889 | ▼ 86% |
| Profit after taxes | € 33,005 | € 51,935 | € 82,092 | € 12,098 | ▼ 85% |
| Equity | € 219,530 | € 271,465 | € 352,757 | € 275,690 | ▼ 22% |
| Total debts | € 479,033 | € 474,318 | € 238,181 | € 252,596 | ▲ 6% |
| Cash | € 70,606 | € 64,425 | € 237,762 | € 320,071 | ▲ 35% |
| Land & buildings | € 251,854 | € 230,113 | € 141,699 | € 126,244 | ▼ 11% |
| Retained profit | € 200,938 | € 251,014 | € 332,306 | € 255,238 | ▼ 23% |
| Dividend | € 800 | € 0 | € 800 | € 89,166 | ▲ € 88,366 |
| Bank debt | € 217,902 | € 193,055 | € 168,006 | € 142,745 | ▼ 15% |
| Balance sheet total | € 793,886 | € 841,106 | € 590,938 | € 528,286 | ▼ 11% |
| Employees (FTE) | 8.8 | 6.9 | 0 | 1.5 |
Key figures of ELECTRICAL INSTALLATIONWORKS VERSTRAETE, 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 ELECTRICAL INSTALLATIONWORKS VERSTRAETE?
What happened at ELECTRICAL INSTALLATIONWORKS VERSTRAETE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 12,098 (▼ 85% vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 33,005 profit in 2022 to € 12,098 profit in 2025.
Paid € 80,733 in corporate taxes since 2022.
Best year ever: 2024, with € 82,092 profit.
On average € 31,300 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
Behind ELECTRICAL INSTALLATIONWORKS VERSTRAETE is Geert Verstraete.
Directors
According to the 2025 annual accounts
Geert Verstraete
Director
Establishments
Establishment units
Physical locations of this company
Reibroekstraat 63
9850 Deinze
Industrieweg 122
9032 Gent
Active since 22 June 2004
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
DNS
Cloudflare DNS
Website info
Features
Security
Details
- Company number
- 0466.979.279
- VAT number
- BE 0466.979.279
- Registered office
- Reibroekstraat 63, 9850 Deinze
- Names & denominations
- ELECTRICAL INSTALLATIONWORKS VERSTRAETE · EIV
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 October 1999
- Peppol
- Active · Active since 6 May 2025
- Contact
- eiv.be
- Activities · NACE
Algemene elektrotechnische installatiewerken
Elektrische installatie