Financials
Financial year 2025
ALG. ELEKTRICITEITSWERKEN FRANK DE GROOF from Herselt, company number BE0467217623, closed financial year 2025 with a result of € 81,863 after tax. For that financial year ALG. ELEKTRICITEITSWERKEN FRANK DE GROOF recorded a gross margin of € 128,504 and equity of € 207,058. Compared with financial year 2024, the result moved from € 19,313 to € 81,863. Profitable, and profit is growing. 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 July 2, 2026.
€ 207,058
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 81,863
▲ € 62,549 vs 2024
Profit after tax over the fiscal year.
€ 195,677
▲ 81% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 100,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 3,483
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 16,320
▼ 28% vs 2024
Of which on lease € 9,038.
Debts at end 2025
€ 28,959
▼ 42% vs 2024
€ 22,240 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 15,431
▼ 61% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 42,010
▲ € 32,123 vs 2024
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 | € 108,013 | € 76,830 | € 43,574 | € 128,504 | ▲ 195% |
| Profit after taxes | € 51,058 | € 45,844 | € 19,313 | € 81,863 | ▲ € 62,549 |
| Equity | € 160,037 | € 205,882 | € 225,195 | € 207,058 | ▼ 8% |
| Total debts | € 197,730 | € 110,037 | € 99,232 | € 166,399 | ▲ 68% |
| Cash | € 96,652 | € 89,726 | € 108,365 | € 195,677 | ▲ 81% |
| Retained profit | € 153,840 | € 199,684 | € 218,998 | € 200,860 | ▼ 8% |
| Dividend | € 0 | € 0 | € 0 | € 100,000 | |
| Bank debt | € 90,718 | € 70,598 | € 49,855 | € 28,959 | ▼ 42% |
| Balance sheet total | € 357,768 | € 315,919 | € 324,427 | € 373,457 | ▲ 15% |
Key figures of ALG. ELEKTRICITEITSWERKEN FRANK DE GROOF, 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 ALG. ELEKTRICITEITSWERKEN FRANK DE GROOF?
What happened at ALG. ELEKTRICITEITSWERKEN FRANK DE GROOF in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 81,863 (▲ € 62,549 vs 2024). Source: NBB ↗
- New establishment in Aarschot. KBO
- Start of the company according to the CBE. KBO
- Frank De Groof became a director. NBB
In short
From € 51,058 profit in 2022 to € 81,863 profit in 2025.
Paid € 67,630 in corporate taxes since 2022.
Best year ever: 2025, with € 81,863 profit.
Paid out € 100,000 in dividends to the owners in total.
Management
Behind ALG. ELEKTRICITEITSWERKEN FRANK DE GROOF is Frank De Groof.
Directors
According to the 2025 annual accounts
Frank De Groof
Director
since 1999
Establishments
Establishment units
Physical locations of this company
Aarschotsesteenweg(RAM) 35 box 1
2230 Herselt
Merestraat 40 box A
3201 Aarschot
Active since 4 February 2000
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0467.217.623
- VAT number
- BE 0467.217.623
- Registered office
- Aarschotsesteenweg(RAM) 35 bus 1, 2230 Herselt
- Names & denominations
- ALG. ELEKTRICITEITSWERKEN FRANK DE GROOF · De Groof Zelfbouw en De Groof Security
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 November 1999
- Peppol
- Active · Active since 14 Jul 2025
- Activities · NACE
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