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 55 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Govaerts elektro 2000 from Antwerpen, company number BE0466982645, closed financial year 2025 with a result of € 77,187 after tax. For that financial year Govaerts elektro 2000 recorded a gross margin of € 1.4 million and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 105,039 to € 77,187. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 1.1 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 77,187
▼ 27% vs 2024
Profit after tax over the fiscal year.
€ 209,974
▲ 123% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 75,000 paid out
97 % of the profit went to the shareholders, mostly to switchSG (97 % of the shares). That is where the money ends up.
People and assets in 2025
13.4
▼ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 978,983
▲ 5% vs 2024
€ 73,100 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.
€ 14,810
▼ 41% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.8 million
▲ 6% vs 2024
€ 217,105 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 881,582
▼ 27% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 176,351
▼ 6% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,285,279 | € 1,419,950 | € 1,346,929 | € 1,408,378 | ▲ 5% |
| Profit after taxes | € 263,021 | € 224,551 | € 105,039 | € 77,187 | ▼ 27% |
| Equity | € 976,654 | € 1,051,205 | € 1,081,244 | € 1,083,431 | |
| Total debts | € 3,137,869 | € 3,512,849 | € 3,695,177 | € 3,336,085 | ▼ 10% |
| Cash | € 202,716 | € 271,098 | € 93,984 | € 209,974 | ▲ 123% |
| Land & buildings | € 1,507,927 | € 1,490,291 | € 1,448,750 | € 1,327,317 | ▼ 8% |
| Retained profit | € 914,654 | € 989,205 | € 1,019,244 | € 1,021,431 | |
| Dividend | € 150,000 | € 150,000 | € 75,000 | € 75,000 | |
| Bank debt | € 1,694,024 | € 1,687,190 | € 1,708,843 | € 1,819,065 | ▲ 6% |
| Balance sheet total | € 4,114,523 | € 4,564,054 | € 4,776,421 | € 4,419,516 | ▼ 7% |
| Employees (FTE) | 12 | 12.7 | 13.7 | 13.4 | ▼ 0.3 |
Key figures of Govaerts elektro 2000, 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 Govaerts elektro 2000?
What happened at Govaerts elektro 2000 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- SwitchSG BV stepped down as director. NBB
- Govaerts Electriciteitsbenodigdheden NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 77,187 (▼ 27% vs 2024). Source: NBB ↗
- New establishment in Malle. KBO
- SwitchSG BV became a director. NBB
- Govaerts Electriciteitsbenodigdheden NV became a director. NBB
- New establishment in Kapellen. KBO
- New establishment in Antwerpen. KBO
In short
From € 263,021 profit in 2022 to € 77,187 profit in 2025.
Paid € 119,506 in corporate taxes since 2022.
Best year ever: 2022, with € 263,021 profit.
On average € 105,100 of value added per employee in 2025.
A new publication or filing at Govaerts elektro 2000? We notify you, reason included.
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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 switchSG comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Govaerts elektro 2000The shares are held by switchSG (96.8%). It owns 14.3% of GIBED itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Sébastien Govaerts
since 2023 · until 2029
Govaerts Electriciteitsbenodigdheden NV
Managing director · represented by Frédéric Govaerts
since 2023 · until 2029
Shareholders
96.8%
Participations
14.3%
Establishments
Establishment units
Physical locations of this company
Mexicostraat 9
2030 Antwerpen
Starrenhoflaan 28 box B1
2950 Kapellen
Active since 15 September 2017
Steenovenstraat 2 box 2
2390 Malle
Active since 1 March 2024
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
Website info
Features
Security
Details
- Company number
- 0466.982.645
- VAT number
- BE 0466.982.645
- Registered office
- Mexicostraat 9, 2030 Antwerpen
- Names & denominations
- Govaerts elektro 2000
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 October 1999
- Peppol
- Active · Active since 7 Oct 2025
- Contact
- govaerts.be
- Activities · NACE
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