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 51 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
EXPEELS R. ELEKTRO from Gent, company number BE0474717802, closed financial year 2025 with a result of € 75,447 after tax. For that financial year EXPEELS R. ELEKTRO recorded a gross margin of € 106,526 and equity of € 480,750. Compared with financial year 2024, the result moved from € 37,796 to € 75,447. 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 June 18, 2026.
€ 480,750
▲ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 75,447
▲ 100% vs 2024
Profit after tax over the fiscal year.
€ 113,553
▼ 60% 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 € 468,350.
People and assets in 2025
€ 2,306
▼ 23% 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.
€ 633
▼ 86% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 23,742
▲ 169% 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 | € 91,817 | € 29,313 | € 58,409 | € 106,526 | ▲ 82% |
| Profit after taxes | € 52,099 | € 12,514 | € 37,796 | € 75,447 | ▲ 100% |
| Equity | € 354,993 | € 367,507 | € 405,303 | € 480,750 | ▲ 19% |
| Total debts | € 219,825 | € 208,908 | € 212,895 | € 235,626 | ▲ 11% |
| Cash | € 518,134 | € 534,031 | € 280,544 | € 113,553 | ▼ 60% |
| Retained profit | € 342,593 | € 355,107 | € 392,903 | € 468,350 | ▲ 19% |
| Dividend | € 11,100 | € 0 | € 0 | € 0 | |
| Bank debt | € 6,296 | € 5,162 | € 0 | € 0 | |
| Balance sheet total | € 574,818 | € 576,415 | € 618,198 | € 716,376 | ▲ 16% |
Key figures of EXPEELS R. ELEKTRO, 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 EXPEELS R. ELEKTRO?
What happened at EXPEELS R. ELEKTRO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 75,447 (▲ 100% vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
- EXPEELS Rudy became a director. NBB
In short
From € 52,099 profit in 2022 to € 75,447 profit in 2025.
Paid € 69,278 in corporate taxes since 2022.
Best year ever: 2025, with € 75,447 profit.
Paid out € 11,100 in dividends to the owners in total.
Management
Behind EXPEELS R. ELEKTRO is EXPEELS Rudy.
Directors
According to the 2025 annual accounts
EXPEELS Rudy
Director
since 2001
Establishments
Establishment units
Physical locations of this company
Damstraat 2 box B
9030 Gent
Damstraat 2 B
9030 Gent
Active since 5 June 2001
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0474.717.802
- VAT number
- BE 0474.717.802
- Registered office
- Damstraat 2 bus B, 9030 Gent
- Names & denominations
- EXPEELS R. ELEKTRO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 April 2001
- Peppol
- Active · Active since 24 Nov 2025
- Activities · NACE
Algemene elektrotechnische installatiewerken
Elektrische installatie