Financials
Financial year 2025
LG-ELEK from Staden, company number BE0758589686, closed financial year 2025 with a result of € 56,542 after tax. For that financial year LG-ELEK recorded a gross margin of € 139,598 and equity of € 280,826. Compared with financial year 2024, the result moved from € 35,608 to € 56,542. 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 October 29, 2025.
€ 280,826
▲ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 56,542
▲ 59% vs 2024
Profit after tax over the fiscal year.
€ 116,249
▲ 73% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1,718 paid out
3 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 23,022
▲ 107% 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.
€ 5,004
▼ 81% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 113,165
▼ 24% vs 2024
€ 75,421 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 90,520
▲ 127% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,485
▼ 30% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 151,898 | € 142,326 | € 86,684 | € 139,598 | ▲ 61% |
| Profit after taxes | € 98,792 | € 90,602 | € 35,608 | € 56,542 | ▲ 59% |
| Equity | € 102,992 | € 191,994 | € 226,002 | € 280,826 | ▲ 24% |
| Total debts | € 182,682 | € 254,203 | € 272,259 | € 254,174 | ▼ 7% |
| Cash | € 13,075 | € 68,281 | € 67,305 | € 116,249 | ▲ 73% |
| Retained profit | € 97,992 | € 186,994 | € 221,002 | € 275,826 | ▲ 25% |
| Dividend | € 800 | € 1,600 | € 1,600 | € 1,718 | ▲ 7% |
| Bank debt | € 24,663 | € 115,378 | € 149,857 | € 113,165 | ▼ 24% |
| Balance sheet total | € 285,673 | € 446,197 | € 498,261 | € 535,000 | ▲ 7% |
Key figures of LG-ELEK, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 October 2026.
What happened to LG-ELEK?
What happened at LG-ELEK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 56,542 (▲ 59% vs 2024). Source: NBB ↗
- New establishment in Staden. KBO
- NICK DEWANCKELE became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 98,792 profit in 2022 to € 56,542 profit in 2025.
Paid € 70,025 in corporate taxes since 2022.
Best year ever: 2022, with € 98,792 profit.
Paid out € 5,718 in dividends to the owners in total.
Management
Behind LG-ELEK is NICK DEWANCKELE.
Directors
According to the 2025 annual accounts
NICK DEWANCKELE
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Colliemolenstraat(ONK) 29
8840 Staden
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
one.com Mail
Hosting
ONECOM, DK
Website info
Features
Security
Network
Details
- Company number
- 0758.589.686
- VAT number
- BE 0758.589.686
- Registered office
- Colliemolenstraat(ONK) 29, 8840 Staden
- Names & denominations
- LG-ELEK
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 November 2020
- Peppol
- Active · Active since 3 Sept 2025
- Contact
- lg-elek.be
- Activities · NACE
Algemene elektrotechnische installatiewerken
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit