Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 38 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ELEKTRICITEITSWERKEN GEERT PAUWELS from Knokke-Heist, company number BE0473173225, closed financial year 2025 with a result of € 11,044 after tax. For that financial year ELEKTRICITEITSWERKEN GEERT PAUWELS recorded a gross margin of € 153,934 and equity of € 226,115. Compared with financial year 2024, the result moved from € 19,333 to € 11,044. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 24, 2026.
€ 226,115
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,044
▼ 43% vs 2024
Profit after tax over the fiscal year.
€ 42,647
▼ 56% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 16,377 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 101,254
▲ 20% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 37,470
▼ 24% vs 2024
Of which on lease € 3,672.
Debts at end 2025
€ 466,190
▲ € 428,915 vs 2024
€ 226,641 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 32,491
▲ 41% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,290
▲ 3% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 136,735 | € 123,058 | € 130,953 | € 153,934 | ▲ 18% |
| Profit after taxes | € 32,730 | € 34,308 | € 19,333 | € 11,044 | ▼ 43% |
| Equity | € 199,806 | € 221,114 | € 231,447 | € 226,115 | ▼ 2% |
| Total debts | € 58,559 | € 29,691 | € 70,060 | € 517,631 | ▲ € 447,571 |
| Cash | € 122,990 | € 123,618 | € 96,460 | € 42,647 | ▼ 56% |
| Land & buildings | € 15,692 | € 14,459 | € 13,452 | € 12,446 | ▼ 7% |
| Retained profit | € 181,214 | € 202,522 | € 212,855 | € 207,523 | ▼ 3% |
| Dividend | € 0 | € 13,000 | € 9,000 | € 16,377 | ▲ 82% |
| Bank debt | € 17,370 | € 9,799 | € 37,276 | € 466,190 | ▲ € 428,915 |
| Balance sheet total | € 258,366 | € 250,805 | € 301,508 | € 743,746 | ▲ 147% |
Key figures of ELEKTRICITEITSWERKEN GEERT PAUWELS, 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 ELEKTRICITEITSWERKEN GEERT PAUWELS?
What happened at ELEKTRICITEITSWERKEN GEERT PAUWELS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 11,044 (▼ 43% vs 2024). filed late Source: NBB ↗
- New establishment in Knokke-Heist. KBO
- Start of the company according to the CBE. KBO
In short
From € 32,730 profit in 2022 to € 11,044 profit in 2025.
Paid € 56,463 in corporate taxes since 2022.
Best year ever: 2023, with € 34,308 profit.
Paid out € 38,377 in dividends to the owners in total.
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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
Establishments
Establishment units
Physical locations of this company
Polderhoek 1
8300 Knokke-Heist
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0473.173.225
- VAT number
- BE 0473.173.225
- Registered office
- Polderhoek 1, 8300 Knokke-Heist
- Names & denominations
- ELEKTRICITEITSWERKEN GEERT PAUWELS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 October 2000
- Peppol
- Active · Active since 9 Feb 2026
- Activities · NACE
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