Financials
Financial year 2025
OVELEC RENOVATION from Visé, company number BE0742855692, closed financial year 2025 with a result of € 84,195 after tax. For that financial year OVELEC RENOVATION recorded a gross margin of € 189,925 and equity of € 177,460. Compared with financial year 2024, the result moved from € 90,097 to € 84,195. The company is profitable. 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 July 7, 2026.
€ 177,460
▲ 90% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 84,195
▼ 7% vs 2024
Profit after tax over the fiscal year.
€ 345,269
▲ 44% 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 € 175,460.
People and assets in 2025
€ 57,801
▲ 109% 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.
€ 32,068
▼ 32% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 26,555
▼ 29% vs 2024
€ 9,744 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 22,453
▲ € 21,293 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,556
▼ 37% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 185,475 | € 214,727 | € 162,566 | € 189,925 | ▲ 17% |
| Profit after taxes | € 129,126 | € 144,025 | € 90,097 | € 84,195 | ▼ 7% |
| Equity | € 329,143 | € 23,168 | € 93,265 | € 177,460 | ▲ 90% |
| Total debts | € 87,626 | € 252,179 | € 222,429 | € 226,687 | ▲ 2% |
| Cash | € 364,434 | € 215,075 | € 239,914 | € 345,269 | ▲ 44% |
| Retained profit | € 327,143 | € 21,168 | € 91,265 | € 175,460 | ▲ 92% |
| Dividend | € 800 | € 450,000 | € 20,000 | € 0 | ▼ 100% |
| Bank debt | € 19,989 | € 14,659 | € 37,446 | € 26,555 | ▼ 29% |
| Balance sheet total | € 416,769 | € 275,347 | € 315,694 | € 404,147 | ▲ 28% |
Key figures of OVELEC RENOVATION, 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 OVELEC RENOVATION?
What happened at OVELEC RENOVATION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 84,195 (▼ 7% vs 2024). Source: NBB ↗
- New establishment in Visé. KBO
- Start of the company according to the CBE. KBO
In short
From € 129,126 profit in 2022 to € 84,195 profit in 2025.
Paid € 131,784 in corporate taxes since 2022.
Best year ever: 2023, with € 144,025 profit.
Paid out € 470,800 in dividends to the owners in total.
A new publication or filing at OVELEC RENOVATION? We notify you, reason included.
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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 OVELEC RENOVATION is OLIVIER DUFRASNE. OLIVIER DUFRASNE is also behind OVIMO and OVSOLAR.
Establishments
Establishment units
Physical locations of this company
Rue de la Vouée Juetta(RIC) 39
4600 Visé
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
- 0742.855.692
- VAT number
- BE 0742.855.692
- Registered office
- Rue de la Vouée Juetta(RIC) 39, 4600 Visé
- Names & denominations
- OVELEC RENOVATION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 February 2020
- Peppol
- Active · Active since 6 Oct 2025
- Activities · NACE
Algemene elektrotechnische installatiewerken