Financials
Financial year 2025
Y-ELEC from Berlare, company number BE0678374151, closed financial year 2025 with a result of € 91,112 after tax. For that financial year Y-ELEC recorded a gross margin of € 410,025 and equity of € 359,950. Compared with financial year 2024, the result moved from € 75,513 to € 91,112. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 21, 2026.
€ 359,950
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 91,112
▲ 21% vs 2024
Profit after tax over the fiscal year.
€ 47,094
▲ 59% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 66,535 paid out
73 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 214,956
▲ 13% 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.
€ 43,160
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 175,256
▼ 9% vs 2024
€ 17,962 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 56,963
▼ 39% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 33,782
▼ 27% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 244,974 | € 326,180 | € 351,624 | € 410,025 | ▲ 17% |
| Profit after taxes | € 51,887 | € 85,893 | € 75,513 | € 91,112 | ▲ 21% |
| Equity | € 203,967 | € 282,360 | € 347,873 | € 359,950 | ▲ 3% |
| Total debts | € 462,630 | € 444,924 | € 343,744 | € 341,710 | ▼ 1% |
| Cash | € 27,741 | € 66,466 | € 29,662 | € 47,094 | ▲ 59% |
| Land & buildings | € 198,659 | € 188,311 | € 177,964 | € 398,089 | ▲ 124% |
| Retained profit | € 183,507 | € 261,900 | € 327,413 | € 339,490 | ▲ 4% |
| Dividend | € 0 | € 0 | € 0 | € 66,535 | |
| Bank debt | € 241,356 | € 225,527 | € 193,604 | € 175,256 | ▼ 9% |
| Balance sheet total | € 666,597 | € 727,284 | € 691,617 | € 701,660 | ▲ 1% |
Key figures of Y-ELEC, 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 January 2027.
What happened to Y-ELEC?
What happened at Y-ELEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 91,112 (▲ 21% vs 2024). Source: NBB ↗
- New establishment in Berlare. KBO
- Start of the company according to the CBE. KBO
In short
From € 51,887 profit in 2022 to € 91,112 profit in 2025.
Paid € 123,320 in corporate taxes since 2022.
Best year ever: 2025, with € 91,112 profit.
Paid out € 66,535 in dividends to the owners in total.
Management
Behind Y-ELEC is Yannick De Mey .
Directors
According to the 2025 annual accounts
Yannick De Mey
Director
Establishments
Establishment units
Physical locations of this company
Goudberg 6 box B
9290 Berlare
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0678.374.151
- VAT number
- BE 0678.374.151
- Registered office
- Goudberg 6 bus B, 9290 Berlare
- Names & denominations
- Y-ELEC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 July 2017
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Algemene elektrotechnische installatiewerken