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 22 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ELEC.S from Erquelinnes, company number BE0476912376, closed financial year 2025 with a result of € 17,248 after tax. For that financial year ELEC.S recorded a gross margin of € 187,825 and equity of € 100,374. Compared with financial year 2024, the result moved from € 9,233 to € 17,248. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 8, 2026.
€ 100,374
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 17,248
▲ 87% vs 2024
Profit after tax over the fiscal year.
€ 9,830
▼ 42% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 19,721 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 136,887
▲ 38% 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.
€ 1,237
▼ 21% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 19,889
▼ 30% vs 2024
€ 4,645 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 80,679
▼ 12% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 44,331
▼ 27% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 155,438 | € 184,970 | € 133,870 | € 187,825 | ▲ 40% |
| Profit after taxes | € 19,721 | € 36,292 | € 9,233 | € 17,248 | ▲ 87% |
| Equity | € 69,349 | € 95,741 | € 102,848 | € 100,374 | ▼ 2% |
| Total debts | € 318,498 | € 236,802 | € 259,307 | € 258,187 | |
| Cash | € 18,483 | € 8,057 | € 16,998 | € 9,830 | ▼ 42% |
| Retained profit | € 50,749 | € 75,281 | € 82,388 | € 79,914 | ▼ 3% |
| Dividend | € 12,978 | € 9,900 | € 2,126 | € 19,721 | ▲ € 17,596 |
| Bank debt | € 69,109 | € 47,439 | € 28,432 | € 19,889 | ▼ 30% |
| Balance sheet total | € 387,847 | € 332,543 | € 362,155 | € 358,561 | ▼ 1% |
Key figures of ELEC.S, 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 ELEC.S?
What happened at ELEC.S in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 17,248 (▲ 87% vs 2024). Source: NBB ↗
- New establishment in Erquelinnes. KBO
- Start of the company according to the CBE. KBO
In short
From € 19,721 profit in 2022 to € 17,248 profit in 2025.
Paid € 38,895 in corporate taxes since 2022.
Best year ever: 2023, with € 36,292 profit.
Paid out € 44,725 in dividends to the owners in total.
Establishments
Establishment units
Physical locations of this company
Rue de Maubeuge 5 A
6560 Erquelinnes
Rue de Maubeuge 26
6560 Erquelinnes
Active since 19 April 2002
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0476.912.376
- VAT number
- BE 0476.912.376
- Registered office
- Rue de Maubeuge 5 A, 6560 Erquelinnes
- Names & denominations
- ELEC.S
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 February 2002
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- [email protected]
- Activities · NACE
Detailhandel in elektrische huishoudapparaten
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Algemene elektrotechnische installatiewerken
Sanitaire werkzaamheden