What does CVCELEC do?

CVCELEC is an electrical contractor in Morlanwelz. Private Limited, started on 12 July 2022, 1 establishment.

What is the address of CVCELEC?

The registered office of CVCELEC is located at Chaussée de Mariemont(MLZ) 113 box A1, 7140 Morlanwelz.

Is CVCELEC still active?

Yes. According to the CBE (30 October 2026) CVCELEC is active, legal situation “Normale toestand”, started on 12 July 2022.

Is CVCELEC registered on Peppol?

Yes, CVCELEC is registered on the Peppol network with ID 0208:0788476871.

What is the enterprise number of CVCELEC?

The enterprise number of CVCELEC is BE0788476871.

When was CVCELEC founded?

CVCELEC was founded on 12 July 2022.

Who are the directors of CVCELEC?

According to the 2025 annual accounts, the directors of CVCELEC are: Christopher Paindavoine, Vanessa Cicero.

Is CVCELEC a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 12 July 2022; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did CVCELEC make in 2025?

CVCELEC posted a profit after taxes of € 42,056 in financial year 2025.

What is the revenue of CVCELEC?

As a small company, CVCELEC is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 77,373.

CVCELEC (Private Limited) - Morlanwelz - BE0788476871

Dossier CVCELEC, printed on 30 October 2026 from databakkes.be/en/0788476871/cvcelec. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

CVCELEC from Morlanwelz, company number BE0788476871, closed financial year 2025 with a result of € 42,056 after tax. For that financial year CVCELEC recorded a gross margin of € 77,373 and equity of € 65,080. Compared with financial year 2024, the result moved from € -51,470 to € 42,056. 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 September 20, 2026.

What it is worth Growing

€ 65,080

▲ 183% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 42,056

▲ still € 51,470 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 2,340

▼ 16% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 64,080.

People and assets in 2025

Wage cost

€ 750

▼ 99% 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.

Vehicles and equipment

€ 18,828

▼ 60% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 4 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 28,984

▼ 19% vs 2024

€ 7,628 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 37,036

▼ 76% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Wages and social charges

€ 21,665

▲ € 19,835 vs 2024

Wages, holiday pay and social contributions still to pay. No outstanding taxes.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 125,798 Gross margin 2022: € 125,798 First fiscal year in the series	€ 312,603 Gross margin 2023: € 312,603 ▲ 148% vs 2022 (€ 125,798) Favourable step	€ 127,922 Gross margin 2024: € 127,922 ▼ 59% vs 2023 (€ 312,603) Unfavourable step	€ 77,373 Gross margin 2025: € 77,373 ▼ 40% vs 2024 (€ 127,922) Unfavourable step	▼ 40%
Profit after taxes	€ 57,336 Profit after taxes 2022: € 57,336 First fiscal year in the series	€ 16,158 Profit after taxes 2023: € 16,158 ▼ 72% vs 2022 (€ 57,336) Unfavourable step	€ -51,470 Profit after taxes 2024: € -51,470 ▼ € 67,628 vs 2023 (€ 16,158) Unfavourable step	€ 42,056 Profit after taxes 2025: € 42,056 ▲ € 93,527 vs 2024 (€ -51,470) Favourable step	▲ € 93,527
Equity	€ 58,336 Equity 2022: € 58,336 First fiscal year in the series	€ 74,494 Equity 2023: € 74,494 ▲ 28% vs 2022 (€ 58,336) Favourable step	€ 23,024 Equity 2024: € 23,024 ▼ 69% vs 2023 (€ 74,494) Unfavourable step	€ 65,080 Equity 2025: € 65,080 ▲ 183% vs 2024 (€ 23,024) Favourable step	▲ 183%
Total debts	€ 66,418 Total debts 2022: € 66,418 First fiscal year in the series	€ 112,509 Total debts 2023: € 112,509 ▲ 69% vs 2022 (€ 66,418) Unfavourable step	€ 193,443 Total debts 2024: € 193,443 ▲ 72% vs 2023 (€ 112,509) Unfavourable step	€ 89,594 Total debts 2025: € 89,594 ▼ 54% vs 2024 (€ 193,443) Favourable step	▼ 54%
Cash	€ 17,665 Cash 2022: € 17,665 First fiscal year in the series	€ 9,165 Cash 2023: € 9,165 ▼ 48% vs 2022 (€ 17,665) Unfavourable step	€ 2,802 Cash 2024: € 2,802 ▼ 69% vs 2023 (€ 9,165) Unfavourable step	€ 2,340 Cash 2025: € 2,340 ▼ 16% vs 2024 (€ 2,802) Unfavourable step	▼ 16%
Land & buildings	€ 4,157 Land & buildings 2022: € 4,157 First fiscal year in the series	€ 11,991 Land & buildings 2023: € 11,991 ▲ 188% vs 2022 (€ 4,157) Unchanged	€ 9,620 Land & buildings 2024: € 9,620 ▼ 20% vs 2023 (€ 11,991) Unchanged	€ 7,249 Land & buildings 2025: € 7,249 ▼ 25% vs 2024 (€ 9,620) Unchanged	▼ 25%
Retained profit	€ 57,336 Retained profit 2022: € 57,336 First fiscal year in the series	€ 73,494 Retained profit 2023: € 73,494 ▲ 28% vs 2022 (€ 57,336) Favourable step	€ 22,024 Retained profit 2024: € 22,024 ▼ 70% vs 2023 (€ 73,494) Unfavourable step	€ 64,080 Retained profit 2025: € 64,080 ▲ 191% vs 2024 (€ 22,024) Favourable step	▲ 191%
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 0 Bank debt 2023: € 0 Unchanged (€ 0) Unchanged	€ 35,830 Bank debt 2024: € 35,830 Unchanged (€ 0) Unfavourable step	€ 28,984 Bank debt 2025: € 28,984 ▼ 19% vs 2024 (€ 35,830) Favourable step	▼ 19%
Balance sheet total	€ 124,754 Balance sheet total 2022: € 124,754 First fiscal year in the series	€ 187,003 Balance sheet total 2023: € 187,003 ▲ 50% vs 2022 (€ 124,754) Unchanged	€ 216,467 Balance sheet total 2024: € 216,467 ▲ 16% vs 2023 (€ 187,003) Unchanged	€ 154,674 Balance sheet total 2025: € 154,674 ▼ 29% vs 2024 (€ 216,467) Unchanged	▼ 29%

Key figures of CVCELEC, 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 CVCELEC?

What happened at CVCELEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Sep 20, 2026 New annual accounts for financial year 2025: profit of € 42,056. filed late Source: NBB ↗
Jul 12, 2022 New establishment in Colfontaine. KBO
Jul 12, 2022 Start of the company according to the CBE. KBO

In short

From € 57,336 profit in 2022 to € 42,056 profit in 2025.

Paid € 17,873 in corporate taxes since 2022.

Best year ever: 2022, with € 57,336 profit.

Original PDFs at the National Bank ↗

Management

Christopher Paindavoine Vanessa Cicero

CVCELEC

Behind CVCELEC are Christopher Paindavoine and Vanessa Cicero.

Directors

According to the 2025 annual accounts

Christopher Paindavoine

Director

Vanessa Cicero

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Chaussée de Mariemont(MLZ) 113 box A1

7140 Morlanwelz

2.334.130.301

Rue du Pachy 8

7340 Colfontaine

Active since 12 July 2022

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.

All companies at this address →

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Associatioin des copropriétaires parc, jardin, parking et voirie, chaussée de Mariemont, 113 à Morlanwelz

Association des copropriétaires Marie de Hongrie, chaussée de Mariemont, 113 à Morlanwelz

+2 more

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0788.476.871
VAT number: BE 0788.476.871
Registered office: Chaussée de Mariemont(MLZ) 113 bus A1, 7140 Morlanwelz
Names & denominations: CVCELEC
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 12 July 2022
Peppol: Active · Active since 8 Jan 2026
Activities · NACE: Algemene elektrotechnische installatiewerken

View on CBE Public ↗ Annual accounts (NBB) ↗