Financials
Financial year 2025
BG-ELECTRICS from Tongeren-Borgloon, company number BE0760793368, closed financial year 2025 with a result of € -30,896 after tax. For that financial year BG-ELECTRICS recorded a gross margin of € 79,205 and equity of € 95,762. Compared with financial year 2024, the result moved from € 1,220 to € -30,896. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.
€ 95,762
▼ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -30,896
▼ still € 1,220 profit in 2024
Profit after tax over the fiscal year.
€ 76,282
▲ 3% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 90,762.
People and assets in 2025
€ 38,432
▼ 36% vs 2024
Of which on lease € 17,804.
Debts at end 2025
€ 539,183
▲ 169% vs 2024
€ 43,452 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 3,084
▼ 78% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,262
▼ 93% 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 | € 83,728 | € 78,625 | € 59,584 | € 79,205 | ▲ 33% |
| Profit after taxes | € 42,055 | € 33,938 | € 1,220 | € -30,896 | ▼ € 32,116 |
| Equity | € 91,500 | € 125,439 | € 126,658 | € 95,762 | ▼ 24% |
| Total debts | € 132,966 | € 147,149 | € 281,563 | € 568,256 | ▲ 102% |
| Cash | € 61,086 | € 105,582 | € 74,362 | € 76,282 | ▲ 3% |
| Land & buildings | € 16,760 | € 14,668 | € 184,477 | € 491,074 | ▲ 166% |
| Retained profit | € 86,500 | € 120,439 | € 121,658 | € 90,762 | ▼ 25% |
| Bank debt | € 26,853 | € 49,494 | € 200,303 | € 539,183 | ▲ 169% |
| Balance sheet total | € 224,467 | € 272,588 | € 408,222 | € 664,018 | ▲ 63% |
Key figures of BG-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 BG-ELECTRICS?
What happened at BG-ELECTRICS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 30,896 (▼ € 32,116 vs 2024). Source: NBB ↗
- New establishment in Tongeren-Borgloon. KBO
- Start of the company according to the CBE. KBO
In short
From € 42,055 profit in 2022 to € 30,896 loss in 2025.
Paid € 38,707 in corporate taxes since 2022.
Best year ever: 2022, with € 42,055 profit.
Management
Behind BG-ELECTRICS is Gert Bellings.
Directors
According to the 2025 annual accounts
Gert Bellings
Director
Establishments
Establishment units
Physical locations of this company
de Tieckenstraat 7
3840 Tongeren-Borgloon
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0760.793.368
- VAT number
- BE 0760.793.368
- Registered office
- de Tieckenstraat 7, 3840 Tongeren-Borgloon
- Names & denominations
- BG-ELECTRICS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 January 2021
- Peppol
- Active · Active since 16 Jun 2025
- Contact
- [email protected]
- Activities · NACE
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