Financials
Financial year 2025
BGELECT from Stavelot, company number BE0476254360, closed financial year 2025 with a result of € -6,583 after tax. For that financial year BGELECT recorded a gross margin of € 17,333 and equity of € 86,202. Compared with financial year 2024, the result moved from € 41,810 to € -6,583. The company made a loss. 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 August 31, 2026.
€ 86,202
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,583
▼ still € 41,810 profit in 2024
Profit after tax over the fiscal year.
€ 139
▼ 99% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 67,602.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 51,924
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 26,768
▼ 37% vs 2024
€ 16,272 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 37,263
▲ 55% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 17,983
▲ 42% 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 | € 35,220 | € -18,641 | € 79,501 | € 17,333 | ▼ 78% |
| Profit after taxes | € 14,258 | € -32,455 | € 41,810 | € -6,583 | ▼ € 48,393 |
| Equity | € 103,598 | € 71,143 | € 92,785 | € 86,202 | ▼ 7% |
| Total debts | € 89,229 | € 88,653 | € 112,363 | € 107,413 | ▼ 4% |
| Cash | € 3,433 | € 10 | € 21,604 | € 139 | ▼ 99% |
| Land & buildings | € 6,975 | € 4,898 | € 3,271 | € 1,644 | ▼ 50% |
| Retained profit | € 84,998 | € 52,543 | € 74,185 | € 67,602 | ▼ 9% |
| Dividend | € 0 | € 0 | € 20,167 | € 0 | ▼ 100% |
| Bank debt | € 0 | € 20,000 | € 42,326 | € 26,768 | ▼ 37% |
| Balance sheet total | € 192,827 | € 159,795 | € 205,148 | € 193,615 | ▼ 6% |
Key figures of BGELECT, 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 BGELECT?
What happened at BGELECT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 6,583 (▼ € 48,393 vs 2024). filed late Source: NBB ↗
- New establishment in Stavelot. KBO
- Start of the company according to the CBE. KBO
In short
From € 14,258 profit in 2022 to € 6,583 loss in 2025.
Paid € 20,031 in corporate taxes since 2022.
Best year ever: 2024, with € 41,810 profit.
Paid out € 20,167 in dividends to the owners in total.
Management
Behind BGELECT is Ghislain Goffinet.
Directors
According to the 2025 annual accounts
Ghislain Goffinet
Administrator-manager
Establishments
Establishment units
Physical locations of this company
Rivage 10
4970 Stavelot
Rivage 10 box B
4970 Stavelot
Active since 22 May 2002
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0476.254.360
- VAT number
- BE 0476.254.360
- Registered office
- Rivage 10, 4970 Stavelot
- Names & denominations
- BGELECT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 December 2001
- Peppol
- Active · Active since 26 Dec 2025
- Activities · NACE
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