Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 36 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 1.8 to 1.3.
Financials
Financial year 2025
MIX ELECTRIC from Walcourt, company number BE0784418313, closed financial year 2025 with a result of € -10,019 after tax. For that financial year MIX ELECTRIC recorded a gross margin of € 20,158 and equity of € -4,987. Compared with financial year 2024, the result moved from € -28,807 to € -10,019. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ -4,987
▼ € 10,019 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -10,019
▲ 65 % less loss than in 2024
Profit after tax over the fiscal year.
€ 908
▼ 78% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -24,987.
People and assets in 2025
1.3
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 23,543
▼ 53% vs 2024
€ 18,100 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.
€ 285
▼ 50% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 4,075
▲ 48% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 604
▼ 92% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 7,413 | € 73,110 | € 24,643 | € 20,158 | ▼ 18% |
| Profit after taxes | € 2,504 | € 11,335 | € -28,807 | € -10,019 | ▲ € 18,788 |
| Equity | € 22,504 | € 33,839 | € 5,032 | € -4,987 | ▼ € 10,019 |
| Total debts | € 55,263 | € 90,606 | € 113,681 | € 115,093 | ▲ 1% |
| Cash | € 20,280 | € 10,339 | € 4,139 | € 908 | ▼ 78% |
| Retained profit | € 2,504 | € 13,839 | € -14,968 | € -24,987 | ▼ € 10,019 |
| Balance sheet total | € 77,767 | € 124,445 | € 118,713 | € 110,106 | ▼ 7% |
| Employees (FTE) | - | 1.8 | 1.7 | 1.3 | ▼ 0.4 |
Key figures of MIX ELECTRIC, 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 MIX ELECTRIC?
What happened at MIX ELECTRIC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 10,019. filed late Source: NBB ↗
- New establishment in Walcourt. KBO
- New establishment in Walcourt. KBO
- COGESTICK SRL became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 2,504 profit in 2022 to € 10,019 loss in 2025.
Paid € 4,735 in corporate taxes since 2022.
Best year ever: 2023, with € 11,335 profit.
On average € 15,500 of value added per employee in 2025.
Management
The stake of COGESTICK, MARIUS & Co CONCEPT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MIX ELECTRICBehind MIX ELECTRIC is COGESTICK SRL. The shares are held by COGESTICK (50%) and MARIUS & Co CONCEPT (50%).
Directors
According to the 2025 annual accounts
since 2022
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de Thy-le-Bauduin(Lan) 50
5651 Walcourt
Allée de Linaires(Cha) 14
5650 Walcourt
Active since 4 April 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0784.418.313
- VAT number
- BE 0784.418.313
- Registered office
- Rue de Thy-le-Bauduin(Lan) 50, 5651 Walcourt
- Names & denominations
- MIX ELECTRIC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 April 2022
- Peppol
- Active · Active since 5 Nov 2025
- Contact
- [email protected] +32472352500
- Activities · NACE
Algemene elektrotechnische installatiewerken
Elektrotechnische installatiewerken van nijverheidsinrichtingen
Detailhandel in elektrische huishoudapparaten
Overige bouwinstallatie
Bouw van civieltechnische werken voor elektriciteit en telecommunicatie
Overige bouwinstallatie, n.e.g.