Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 15 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ELECTRO STYLMAN from Lanaken, company number BE0694906020, closed financial year 2025 with a result of € 10,703 after tax. For that financial year ELECTRO STYLMAN recorded a gross margin of € 129,587 and equity of € 20,460. Compared with financial year 2024, the result moved from € 37,022 to € 10,703. The company is profitable. The buffer shrank hard: equity is 83 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 23, 2026.
€ 20,460
▼ 83% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10,703
▼ 71% vs 2024
Profit after tax over the fiscal year.
€ 45,340
▼ 21% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 110,637 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
1.6
Average over the fiscal year, from the social balance sheet.
€ 89,843
▲ 14% vs 2024
€ 56,200 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.
€ 12,497
▼ 32% vs 2024
Of which on lease € 12,139.
Debts at end 2025
€ 170,120
▲ 1% vs 2024
€ 8,490 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 130,918
▲ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 32,482
▲ 34% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 133,208 | € 171,332 | € 159,263 | € 129,587 | ▼ 19% |
| Profit after taxes | € 18,802 | € 41,842 | € 37,022 | € 10,703 | ▼ 71% |
| Equity | € 76,428 | € 101,020 | € 120,395 | € 20,460 | ▼ 83% |
| Total debts | € 365,516 | € 382,081 | € 335,691 | € 440,495 | ▲ 31% |
| Cash | € 108,745 | € 66,643 | € 57,429 | € 45,340 | ▼ 21% |
| Retained profit | € 57,828 | € 82,420 | € 101,795 | € 1,860 | ▼ 98% |
| Dividend | € 17,250 | € 17,250 | € 17,647 | € 110,637 | ▲ € 92,990 |
| Bank debt | € 165,988 | € 176,922 | € 169,211 | € 170,120 | ▲ 1% |
| Balance sheet total | € 441,944 | € 483,101 | € 456,085 | € 460,955 | ▲ 1% |
| Employees (FTE) | 1.6 | 1.6 | 1.6 | 1.6 |
Key figures of ELECTRO STYLMAN, 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 ELECTRO STYLMAN?
What happened at ELECTRO STYLMAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 10,703 (▼ 71% vs 2024). Source: NBB ↗
- New establishment in Lanaken. KBO
- Start of the company according to the CBE. KBO
- Ken Martens became a director. NBB
- Gert Martens became a director. NBB
- Christel Janssens became a director. NBB
In short
From € 18,802 profit in 2022 to € 10,703 profit in 2025.
Paid € 32,315 in corporate taxes since 2022.
Best year ever: 2023, with € 41,842 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 ELECTRO STYLMAN are Ken Martens, Gert Martens and Christel Janssens.
Directors
According to the 2025 annual accounts
Ken Martens
Director
since 2018
Gert Martens
Director
since 2018
Christel Janssens
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Stationsstraat 95
3620 Lanaken
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
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0694.906.020
- VAT number
- BE 0694.906.020
- Registered office
- Stationsstraat 95, 3620 Lanaken
- Names & denominations
- ELECTRO STYLMAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 April 2018
- Peppol
- Active · Active since 10 Feb 2026
- Contact
- electrostylman.be
- Activities · NACE
Groothandel in elektrische huishoudelijke apparaten en audio- en videoapparatuur
Detailhandel in elektrische huishoudapparaten
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Detailhandel in glas-, porselein- en aardewerk en in niet-elektrische huishoudelijke artikelen
Detailhandel in audio- en videoapparatuur in gespecialiseerde winkels
Detailhandel in verlichtingsartikelen in gespecialiseerde winkels
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