Financials
Financial year 2025
BAGELEC from Braine-le-Château, company number BE0502751988, closed financial year 2025 with a result of € 17,554 after tax. For that financial year BAGELEC recorded a gross margin of € 412,851 and equity of € 19,698. Compared with financial year 2024, the result moved from € 1,108 to € 17,554. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 19,698
▲ € 17,554 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 17,554
▲ € 16,446 vs 2024
Profit after tax over the fiscal year.
€ 20,741
▼ 50% 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 € 13,498.
People and assets in 2025
5.1
Average over the fiscal year, from the social balance sheet.
€ 359,226
▲ 20% vs 2024
€ 70,400 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.
€ 37,942
▼ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 87,344
▼ 12% vs 2024
€ 72,851 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 114,731
▲ 198% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 57,582
▼ 12% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 245,219 | € 242,857 | € 327,919 | € 412,851 | ▲ 26% |
| Profit after taxes | € -14,662 | € 988 | € 1,108 | € 17,554 | ▲ € 16,446 |
| Equity | € 48 | € 1,036 | € 2,144 | € 19,698 | ▲ € 17,554 |
| Total debts | € 374,347 | € 305,796 | € 251,839 | € 259,656 | ▲ 3% |
| Cash | € 1,925 | € 6,623 | € 41,131 | € 20,741 | ▼ 50% |
| Retained profit | € -6,152 | € -5,164 | € -4,056 | € 13,498 | ▲ € 17,554 |
| Bank debt | € 85,279 | € 77,711 | € 99,223 | € 87,344 | ▼ 12% |
| Balance sheet total | € 374,395 | € 306,832 | € 253,983 | € 279,354 | ▲ 10% |
| Employees (FTE) | - | - | - | 5.1 |
Key figures of BAGELEC, 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 BAGELEC?
What happened at BAGELEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 17,554 (▲ € 16,446 vs 2024). Source: NBB ↗
- New establishment in Braine-le-Château. KBO
- CAP MANAGEMENT SPRL became a director. NBB
- TIN SERVICES SPRL became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 14,662 loss in 2022 to € 17,554 profit in 2025.
Paid € 24,108 in corporate taxes since 2022.
Best year ever: 2025, with € 17,554 profit.
On average € 81,000 of value added per employee in 2025.
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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
Management
Behind BAGELEC are CAP MANAGEMENT SPRL and TIN SERVICES SPRL.
Directors
According to the 2025 annual accounts
Manager · represented by BENOIT CARTIAUX
since 2013
Manager · represented by THIERRY VERBUSTEL
since 2013
Establishments
Establishment units
Physical locations of this company
Chaussée de Tubize(W-B) 208 box 4
1440 Braine-le-Château
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →B.C.P. INVEST
€ -615 gross margin · 2025
CONSTRUCTHOUSE
€ 69,481 gross margin · 2023
S&S CONSTRUCTION
€ 42,279 gross margin · 2025
FIESTA FUN
€ 59,793 gross margin · 2025
DASI IMMO
€ 46,150 gross margin · 2025
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0502.751.988
- VAT number
- BE 0502.751.988
- Registered office
- Chaussée de Tubize(W-B) 208 bus 4, 1440 Braine-le-Château
- Names & denominations
- BAGELEC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 January 2013
- Peppol
- Active · Active since 30 Dec 2025
- Activities · NACE
Algemene elektrotechnische installatiewerken
Overige gespecialiseerde bouwactiviteiten, neg
Restaureren van bouwwerken