Financials
Financial year 2025
Vestel Electrics from Oostkamp, company number BE0707803753, closed financial year 2025 with a result of € 138,788 after tax. For that financial year Vestel Electrics recorded a gross margin of € 362,110 and equity of € 496,316. Compared with financial year 2024, the result moved from € 57,090 to € 138,788. 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 August 21, 2026.
€ 496,316
▲ 33% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 138,788
▲ 143% vs 2024
Profit after tax over the fiscal year.
€ 164,731
▲ 113% 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 € 483,916.
People and assets in 2025
€ 118,015
▲ 15% 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.
€ 83,922
▲ 121% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 162,247
▼ 14% vs 2024
€ 22,904 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 62,435
▲ 238% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 32,680
▲ 16% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 251,565 | € 448,995 | € 234,053 | € 362,110 | ▲ 55% |
| Profit after taxes | € 68,377 | € 185,911 | € 57,090 | € 138,788 | ▲ 143% |
| Equity | € 190,829 | € 316,740 | € 373,831 | € 496,316 | ▲ 33% |
| Total debts | € 310,886 | € 402,950 | € 237,857 | € 260,727 | ▲ 10% |
| Cash | € 70,362 | € 194,181 | € 77,369 | € 164,731 | ▲ 113% |
| Land & buildings | € 274,440 | € 273,279 | € 254,816 | € 237,574 | ▼ 7% |
| Retained profit | € 178,429 | € 304,340 | € 361,431 | € 483,916 | ▲ 34% |
| Dividend | € 0 | € 60,000 | € 0 | € 0 | |
| Bank debt | € 226,510 | € 221,680 | € 189,148 | € 162,247 | ▼ 14% |
| Balance sheet total | € 501,716 | € 719,690 | € 611,687 | € 757,043 | ▲ 24% |
Key figures of Vestel Electrics, 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 Vestel Electrics?
What happened at Vestel Electrics in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 138,788 (▲ 143% vs 2024). filed late Source: NBB ↗
- New establishment in Oostkamp. KBO
- Start of the company according to the CBE. KBO
In short
From € 68,377 profit in 2022 to € 138,788 profit in 2025.
Paid € 211,630 in corporate taxes since 2022.
Best year ever: 2023, with € 185,911 profit.
Paid out € 60,000 in dividends to the owners in total.
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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 Vestel Electrics is Matthias De Vestele. Matthias De Vestele is also behind MAVELO.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Scharestraat 41
8020 Oostkamp
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.
Details
- Company number
- 0707.803.753
- VAT number
- BE 0707.803.753
- Registered office
- Scharestraat 41, 8020 Oostkamp
- Names & denominations
- Vestel Electrics
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 October 2018
- Peppol
- Active · Active since 3 Nov 2025
- Activities · NACE
Algemene elektrotechnische installatiewerken
Overige bouwinstallatie
Overige bouwinstallatie, n.e.g.