FiRo is an electrical contractor in Lennik. Private Limited, started on 28 February 2020, 1 establishment.

What is the address of FiRo?

The registered office of FiRo is located at Busingenstraat 64, 1750 Lennik.

Is FiRo still active?

Yes. According to the CBE (29 October 2026) FiRo is active, legal situation “Normale toestand”, started on 28 February 2020.

Is FiRo registered on Peppol?

Yes, FiRo is registered on the Peppol network with ID 0208:0744587044.

What is the enterprise number of FiRo?

The enterprise number of FiRo is BE0744587044.

When was FiRo founded?

FiRo was founded on 28 February 2020.

Who are the directors of FiRo?

According to the 2025 annual accounts, the directors of FiRo are: Ketill BV, MT Projects BV.

Is FiRo a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 28 February 2020; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did FiRo make in 2025?

FiRo posted a profit after taxes of € 576,392 in financial year 2025.

What is the revenue of FiRo?

As a small company, FiRo is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,108,170.

How much does an employee at FiRo earn?

The average wage cost per full-time employee at FiRo was € 67,700 in 2025: staff costs of € 419,927 for 6.2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does FiRo have?

According to the 2025 annual accounts, FiRo has 6.2 full-time equivalents (FTE).

FiRo (Private Limited) - Lennik - BE0744587044

Dossier FiRo, printed on 29 October 2026 from databakkes.be/en/0744587044/firo. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

FiRo from Lennik, company number BE0744587044, closed financial year 2025 with a result of € 576,392 after tax. For that financial year FiRo recorded a gross margin of € 1.1 million and equity of € 373,871. Compared with financial year 2024, the result moved from € 433,363 to € 576,392. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.

What it is worth Growing

€ 373,871

▲ 72% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 576,392

▲ 33% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 398,468

▲ 48% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 420,000 paid out

73 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents

6.2

▲ 0.7 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 419,927

▲ 33% vs 2024

€ 67,700 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.

Vehicles and equipment

€ 72,392

▼ 17% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 55,481

▼ 45% vs 2024

€ 32,542 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 629,251

▼ 24% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 66,236

▼ 10% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 310,013 Gross margin 2022: € 310,013 First fiscal year in the series	€ 849,143 Gross margin 2023: € 849,143 ▲ 174% vs 2022 (€ 310,013) Favourable step	€ 836,748 Gross margin 2024: € 836,748 ▼ 1% vs 2023 (€ 849,143) Unfavourable step	€ 1,108,170 Gross margin 2025: € 1,108,170 ▲ 32% vs 2024 (€ 836,748) Favourable step	▲ 32%
Profit after taxes	€ 190,329 Profit after taxes 2022: € 190,329 First fiscal year in the series	€ 538,053 Profit after taxes 2023: € 538,053 ▲ 183% vs 2022 (€ 190,329) Favourable step	€ 433,363 Profit after taxes 2024: € 433,363 ▼ 19% vs 2023 (€ 538,053) Unfavourable step	€ 576,392 Profit after taxes 2025: € 576,392 ▲ 33% vs 2024 (€ 433,363) Favourable step	▲ 33%
Equity	€ 63,709 Equity 2022: € 63,709 First fiscal year in the series	€ 201,762 Equity 2023: € 201,762 ▲ 217% vs 2022 (€ 63,709) Favourable step	€ 217,478 Equity 2024: € 217,478 ▲ 8% vs 2023 (€ 201,762) Favourable step	€ 373,871 Equity 2025: € 373,871 ▲ 72% vs 2024 (€ 217,478) Favourable step	▲ 72%
Total debts	€ 734,644 Total debts 2022: € 734,644 First fiscal year in the series	€ 1,397,200 Total debts 2023: € 1,397,200 ▲ 90% vs 2022 (€ 734,644) Unfavourable step	€ 2,205,253 Total debts 2024: € 2,205,253 ▲ 58% vs 2023 (€ 1,397,200) Unfavourable step	€ 1,774,699 Total debts 2025: € 1,774,699 ▼ 20% vs 2024 (€ 2,205,253) Favourable step	▼ 20%
Cash	€ 218,914 Cash 2022: € 218,914 First fiscal year in the series	€ 327,531 Cash 2023: € 327,531 ▲ 50% vs 2022 (€ 218,914) Favourable step	€ 269,410 Cash 2024: € 269,410 ▼ 18% vs 2023 (€ 327,531) Unfavourable step	€ 398,468 Cash 2025: € 398,468 ▲ 48% vs 2024 (€ 269,410) Favourable step	▲ 48%
Retained profit	€ 58,709 Retained profit 2022: € 58,709 First fiscal year in the series	€ 196,762 Retained profit 2023: € 196,762 ▲ 235% vs 2022 (€ 58,709) Favourable step	€ 212,478 Retained profit 2024: € 212,478 ▲ 8% vs 2023 (€ 196,762) Favourable step	€ 368,871 Retained profit 2025: € 368,871 ▲ 74% vs 2024 (€ 212,478) Favourable step	▲ 74%
Dividend	€ 150,000 Dividend 2022: € 150,000 First fiscal year in the series	€ 400,000 Dividend 2023: € 400,000 ▲ 167% vs 2022 (€ 150,000) Unchanged	€ 417,647 Dividend 2024: € 417,647 ▲ 4% vs 2023 (€ 400,000) Unchanged	€ 420,000 Dividend 2025: € 420,000 ▲ 1% vs 2024 (€ 417,647) Unchanged	▲ 1%
Bank debt	€ 85,088 Bank debt 2022: € 85,088 First fiscal year in the series	€ 98,707 Bank debt 2023: € 98,707 ▲ 16% vs 2022 (€ 85,088) Unfavourable step	€ 100,186 Bank debt 2024: € 100,186 ▲ 1% vs 2023 (€ 98,707) Unfavourable step	€ 55,481 Bank debt 2025: € 55,481 ▼ 45% vs 2024 (€ 100,186) Favourable step	▼ 45%
Balance sheet total	€ 798,353 Balance sheet total 2022: € 798,353 First fiscal year in the series	€ 1,598,962 Balance sheet total 2023: € 1,598,962 ▲ 100% vs 2022 (€ 798,353) Unchanged	€ 2,422,731 Balance sheet total 2024: € 2,422,731 ▲ 52% vs 2023 (€ 1,598,962) Unchanged	€ 2,148,570 Balance sheet total 2025: € 2,148,570 ▼ 11% vs 2024 (€ 2,422,731) Unchanged	▼ 11%
Employees (FTE)	2.6 Employees (FTE) 2022: 2.6 First fiscal year in the series	4.8 Employees (FTE) 2023: 4.8 ▲ 2.2 vs 2022 (2.6) Unchanged	5.5 Employees (FTE) 2024: 5.5 ▲ 0.7 vs 2023 (4.8) Unchanged	6.2 Employees (FTE) 2025: 6.2 ▲ 0.7 vs 2024 (5.5) Unchanged	▲ 0.7

Key figures of FiRo, 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 April 2027.

What happened to FiRo?

What happened at FiRo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Apr 30, 2026 New annual accounts for financial year 2025: profit of € 576,392 (▲ 33% vs 2024). Source: NBB ↗
Feb 28, 2020 New establishment in Lennik. KBO
Feb 28, 2020 Start of the company according to the CBE. KBO

In short

From € 190,329 profit in 2022 to € 576,392 profit in 2025.

Paid € 151,869 in corporate taxes since 2022.

Best year ever: 2025, with € 576,392 profit.

On average € 178,700 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Ketill BV MT Projects BV

FiRo

Behind FiRo are Ketill BV and MT Projects BV.

Directors

According to the 2025 annual accounts

Ketill BV

Director · represented by Kjell Segers

MT Projects BV

Director · represented by Tom Frans Mertens

Establishments

Establishment units

Physical locations of this company

Registered office

Busingenstraat 64

1750 Lennik

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 →

MT PROJECTS same network

€ 673,180 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0744.587.044

VAT number

BE 0744.587.044

Registered office

Busingenstraat 64, 1750 Lennik

Names & denominations

FiRo

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

28 February 2020

Peppol

Active · Active since 13 Nov 2024

Activities · NACE

Algemene elektrotechnische installatiewerken

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

Overige werkzaamheden in verband met de afwerking van gebouwen

Algemene bouw van residentiële gebouwen

Activiteiten van adviesbureaus op het gebied van public relations en communicatie

Adviesbureaus op het gebied van public relations en communicatie

View on CBE Public ↗ Annual accounts (NBB) ↗

FiRo

Financials

What happened to FiRo?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions