Financials
Financial year 2025
Verhaeghe - Gardin Elektriciteitswerken from Zuienkerke, company number BE0544444667, closed financial year 2025 with a result of € 14,305 after tax. For that financial year Verhaeghe - Gardin Elektriciteitswerken recorded a gross margin of € 281,512 and equity of € 198,834. Compared with financial year 2024, the result moved from € 14,582 to € 14,305. The company is profitable. 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.
€ 198,834
▼ 29% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 14,305
▼ 2% vs 2024
Profit after tax over the fiscal year.
€ 62,073
▲ 195% 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 € 193,834.
People and assets in 2025
€ 213,342
▲ 32% 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.
€ 6,455
▼ 56% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 323,958
▲ € 249,913 vs 2024
€ 16,749 is repaid this year. At this pace the long-term loan is gone in ≈ 19 years.
€ 28,277
▼ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 38,692
▲ 53% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 185,447 | € 273,584 | € 225,183 | € 281,512 | ▲ 25% |
| Profit after taxes | € 37,181 | € 39,590 | € 14,582 | € 14,305 | ▼ 2% |
| Equity | € 227,075 | € 266,665 | € 279,529 | € 198,834 | ▼ 29% |
| Total debts | € 158,779 | € 162,016 | € 160,417 | € 592,358 | ▲ 269% |
| Cash | € 66,576 | € 62,672 | € 21,022 | € 62,073 | ▲ 195% |
| Land & buildings | € 153,204 | € 154,063 | € 158,688 | € 147,666 | ▼ 7% |
| Retained profit | € 127,075 | € 166,665 | € 179,529 | € 193,834 | ▲ 8% |
| Dividend | € 7,834 | € 0 | € 1,718 | € 0 | ▼ 100% |
| Bank debt | € 80,243 | € 99,562 | € 74,045 | € 323,958 | ▲ € 249,913 |
| Balance sheet total | € 385,854 | € 428,681 | € 439,946 | € 791,192 | ▲ 80% |
Key figures of Verhaeghe - Gardin Elektriciteitswerken, 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 Verhaeghe - Gardin Elektriciteitswerken?
What happened at Verhaeghe - Gardin Elektriciteitswerken in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 14,305 (▼ 2% vs 2024). Source: NBB ↗
- Valerie Gardin became a director. NBB
- New establishment in Zuienkerke. KBO
- Start of the company according to the CBE. KBO
In short
From € 37,181 profit in 2022 to € 14,305 profit in 2025.
Paid € 57,433 in corporate taxes since 2022.
Best year ever: 2023, with € 39,590 profit.
Paid out € 9,552 in dividends to the owners in total.
Management
Behind Verhaeghe - Gardin Elektriciteitswerken are Niel Verhaeghe and Valerie Gardin.
Directors
According to the 2025 annual accounts
Niel Verhaeghe
Director
Valerie Gardin
Director
since 2025
Establishments
Establishment units
Physical locations of this company
Bommelstraat 1
8377 Zuienkerke
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
NEDZONE-AS, NL
Website info
Features
Security
Details
- Company number
- 0544.444.667
- VAT number
- BE 0544.444.667
- Registered office
- Bommelstraat 1, 8377 Zuienkerke
- Names & denominations
- Verhaeghe - Gardin Elektriciteitswerken · Vergalec
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 January 2014
- Peppol
- Active · Active since 13 Nov 2025
- Contact
- vergalec.be
- Activities · NACE
Algemene elektrotechnische installatiewerken