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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Shrinking team NBB
FTE fell two years in a row, from 6.9 to 5.5.
Financials
Financial year 2025
ELECTRIC DESIGN SOLAR SYSTEMS from Lendelede, company number BE0479028560, closed financial year 2025 with a result of € 1 million after tax. For that financial year ELECTRIC DESIGN SOLAR SYSTEMS recorded a gross margin of € 1.6 million and equity of € 1.5 million. Compared with financial year 2024, the result moved from € 1.5 million to € 1 million. The company is profitable. 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 April 28, 2026.
€ 1.5 million
▼ 43% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1 million
▼ 30% vs 2024
Profit after tax over the fiscal year.
€ 2.1 million
▼ 13% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2.2 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
5.5
▼ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 374,000
▼ 20% vs 2024
€ 68,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 138,905
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 36,813
▼ 38% vs 2024
€ 22,398 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 332,934
▲ 179% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 32,462
▼ 15% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,441,933 | € 3,860,757 | € 2,258,892 | € 1,632,931 | ▼ 28% |
| Profit after taxes | € 930,012 | € 2,840,649 | € 1,481,337 | € 1,043,289 | ▼ 30% |
| Equity | € 1,490,333 | € 1,830,982 | € 2,562,319 | € 1,455,608 | ▼ 43% |
| Total debts | € 1,339,787 | € 2,228,970 | € 981,993 | € 2,567,888 | ▲ 161% |
| Cash | € 576,591 | € 2,383,506 | € 2,463,804 | € 2,136,506 | ▼ 13% |
| Land & buildings | € 10,075 | € 6,975 | € 3,875 | € 775 | ▼ 80% |
| Retained profit | € 1,471,733 | € 1,812,382 | € 2,543,719 | € 1,437,008 | ▼ 44% |
| Dividend | € 395,484 | € 2,500,000 | € 750,000 | € 2,150,000 | ▲ 187% |
| Bank debt | € 102,232 | € 80,718 | € 58,913 | € 36,813 | ▼ 38% |
| Balance sheet total | € 2,830,120 | € 4,059,951 | € 3,544,312 | € 4,023,496 | ▲ 14% |
| Employees (FTE) | 4.2 | 6.9 | 6.5 | 5.5 | ▼ 1 |
Key figures of ELECTRIC DESIGN SOLAR SYSTEMS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to ELECTRIC DESIGN SOLAR SYSTEMS?
What happened at ELECTRIC DESIGN SOLAR SYSTEMS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1 million (▼ 30% vs 2024). Source: NBB ↗
- New establishment in Lendelede. KBO
- Start of the company according to the CBE. KBO
In short
From € 930,012 profit in 2022 to € 1 million profit in 2025.
Paid € 986,466 in corporate taxes since 2022.
Best year ever: 2023, with € 2.8 million profit.
On average € 296,900 of value added per employee in 2025.
Management
Behind ELECTRIC DESIGN SOLAR SYSTEMS is Vumasolar. The shares are held by Vumasolar.
Establishments
Establishment units
Physical locations of this company
Duifhuizelaan 6
8860 Lendelede
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.
Website
Technologies
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Features
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Details
- Company number
- 0479.028.560
- VAT number
- BE 0479.028.560
- Registered office
- Duifhuizelaan 6, 8860 Lendelede
- Names & denominations
- ELECTRIC DESIGN SOLAR SYSTEMS · EDSS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 December 2002
- Peppol
- Active · Active since 19 Nov 2025
- Contact
- edss.be
- Activities · NACE
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