Financials
Financial year 2025
Elektro Soetaert from Pittem, company number BE0760610553, closed financial year 2025 with a result of € 20,847 after tax. For that financial year Elektro Soetaert recorded a gross margin of € 103,096 and equity of € 243,595. Compared with financial year 2024, the result moved from € 54,105 to € 20,847. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 23, 2026.
€ 243,595
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 20,847
▼ 61% vs 2024
Profit after tax over the fiscal year.
€ 58,422
▲ 174% 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 € 240,595.
People and assets in 2025
€ 28,313
▼ 7% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 623,621
▼ 5% vs 2024
€ 25,976 is repaid this year. At this pace the long-term loan is gone in ≈ 24 years.
€ 8,219
▼ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,785
▲ 4% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 69,079 | € 123,416 | € 130,116 | € 103,096 | ▼ 21% |
| Profit after taxes | € 37,441 | € 74,398 | € 54,105 | € 20,847 | ▼ 61% |
| Equity | € 94,245 | € 168,643 | € 222,748 | € 243,595 | ▲ 9% |
| Total debts | € 79,982 | € 64,337 | € 691,659 | € 664,768 | ▼ 4% |
| Cash | € 50,138 | € 122,083 | € 21,358 | € 58,422 | ▲ 174% |
| Land & buildings | - | - | € 727,556 | € 700,112 | ▼ 4% |
| Retained profit | € 91,245 | € 165,643 | € 219,748 | € 240,595 | ▲ 9% |
| Bank debt | € 28,071 | € 19,532 | € 655,293 | € 623,621 | ▼ 5% |
| Balance sheet total | € 174,227 | € 232,980 | € 914,407 | € 908,363 | ▼ 1% |
Key figures of Elektro Soetaert, 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 Elektro Soetaert?
What happened at Elektro Soetaert in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 20,847 (▼ 61% vs 2024). filed late Source: NBB ↗
- New establishment in Pittem. KBO
- Start of the company according to the CBE. KBO
In short
From € 37,441 profit in 2022 to € 20,847 profit in 2025.
Paid € 72,578 in corporate taxes since 2022.
Best year ever: 2023, with € 74,398 profit.
Management
Behind Elektro Soetaert is Steven Soetaert.
Directors
According to the 2025 annual accounts
Steven Soetaert
Director
Establishments
Establishment units
Physical locations of this company
Brugsesteenweg 82
8740 Pittem
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
Domain
Domain
elektro-soetaert.be
Registered
2018-09-25
Website info
Features
Security
Network
Details
- Company number
- 0760.610.553
- VAT number
- BE 0760.610.553
- Registered office
- Brugsesteenweg 82, 8740 Pittem
- Names & denominations
- Elektro Soetaert
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 December 2020
- Peppol
- Active · Active since 31 Oct 2023
- Contact
- elektro-soetaert.be
- Activities · NACE
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