Financials
Financial year 2025
MLM ELEC from Rendeux, company number BE0770228005, closed financial year 2025 with a result of € 24,976 after tax. For that financial year MLM ELEC recorded a gross margin of € 179,143 and equity of € 126,341. Compared with financial year 2024, the result moved from € 11,557 to € 24,976. 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 April 9, 2026.
€ 126,341
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 24,976
▲ 116% vs 2024
Profit after tax over the fiscal year.
€ 69,520
▲ 46% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 15,000 paid out
60 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 116,978
▲ 19% 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.
€ 46,521
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 37,293
▼ 31% vs 2024
€ 14,912 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 16,563
▼ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,828
▼ 29% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 176,245 | € 175,289 | € 144,188 | € 179,143 | ▲ 24% |
| Profit after taxes | € 64,365 | € 44,042 | € 11,557 | € 24,976 | ▲ 116% |
| Equity | € 69,365 | € 104,807 | € 116,364 | € 126,341 | ▲ 9% |
| Total debts | € 84,309 | € 107,601 | € 95,892 | € 89,116 | ▼ 7% |
| Cash | € 31,199 | € 50,138 | € 47,515 | € 69,520 | ▲ 46% |
| Retained profit | € 64,365 | € 99,807 | € 111,364 | € 121,341 | ▲ 9% |
| Dividend | € 0 | € 8,600 | € 0 | € 15,000 | |
| Bank debt | € 27,566 | € 67,486 | € 53,919 | € 37,293 | ▼ 31% |
| Balance sheet total | € 153,675 | € 212,408 | € 212,256 | € 215,457 | ▲ 2% |
Key figures of MLM ELEC, 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 MLM ELEC?
What happened at MLM ELEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 24,976 (▲ 116% vs 2024). Source: NBB ↗
- New establishment in Rendeux. KBO
- Start of the company according to the CBE. KBO
- Romain Izzi became a director. NBB
In short
From € 64,365 profit in 2022 to € 24,976 profit in 2025.
Paid € 38,103 in corporate taxes since 2022.
Best year ever: 2022, with € 64,365 profit.
Paid out € 23,600 in dividends to the owners in total.
Management
Behind MLM ELEC is Romain Izzi.
Directors
According to the 2025 annual accounts
Romain Izzi
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Rue de la Noblesse, Chéoux 6 box B
6987 Rendeux
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
OVH Mail
Hosting
CLOUDFLARESPECTRUM Cloudflare, Inc., US
DNS
OVH DNS
Website info
Features
Security
Details
- Company number
- 0770.228.005
- VAT number
- BE 0770.228.005
- Registered office
- Rue de la Noblesse, Chéoux 6 bus B, 6987 Rendeux
- Names & denominations
- MLM ELEC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 June 2021
- Peppol
- Active · Active since 20 Sept 2024
- Contact
- mlmelec.be
- Activities · NACE
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