Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 3 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 43 % of short-term debt in 2025; threshold 65 %.
-
Busy address KBO
42 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ELEC-CITY from Brussel, company number BE0802978668, closed financial year 2025 with a result of € -35,195 after tax. For that financial year ELEC-CITY recorded a gross margin of € 1,348 and equity of € -46,958. Compared with financial year 2024, the result moved from € -18,261 to € -35,195. 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 August 30, 2026.
€ -46,958
▼ € 35,195 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -35,195
▼ 93 % more loss than in 2024
Profit after tax over the fiscal year.
€ 532
▼ 27% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -48,458.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 34,078
▲ € 28,288 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.
€ 1,043
▼ 38% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 15,119
€ 2,925 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 17,379
▲ 230% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,159
▲ 248% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 7,949 | € -11,370 | € 1,348 | ▲ € 12,719 |
| Profit after taxes | € 4,998 | € -18,261 | € -35,195 | ▼ € 16,934 |
| Equity | € 6,498 | € -11,763 | € -46,958 | ▼ € 35,195 |
| Total debts | € 5,071 | € 27,591 | € 78,528 | ▲ 185% |
| Cash | € 9 | € 728 | € 532 | ▼ 27% |
| Retained profit | € 4,998 | € -13,263 | € -48,458 | ▼ € 35,195 |
| Bank debt | € 0 | € 0 | € 15,119 | |
| Balance sheet total | € 11,569 | € 15,828 | € 31,569 | ▲ 99% |
Key figures of ELEC-CITY, fiscal years 2023 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 ELEC-CITY?
What happened at ELEC-CITY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 35,195. filed late Source: NBB ↗
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,998 profit in 2023 to € 35,195 loss in 2025.
Paid € 1,683 in corporate taxes since 2023.
Best year ever: 2023, with € 4,998 profit.
A new publication or filing at ELEC-CITY? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Ilias HANNACH
Director
Establishments
Establishment units
Physical locations of this company
Picardstraat 7 box 100
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 42 companies are registered at this address.
All companies at this address →DIAGEO BELGIUM
€ 66.4 million revenue · 2025
Itron Belgium
Belgisch Comite voor UNICEF
€ 370,573 revenue · 2025
Union francophone des Belges à l'Etranger
G4S SECURE SOLUTIONS
€ 187.6 million revenue · 2025
+37 more
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
Mail.com
Hosting
WIX_COM, IL
Website info
Features
Security
Details
- Company number
- 0802.978.668
- VAT number
- BE 0802.978.668
- Registered office
- Picardstraat 7 bus 100, 1000 Brussel
- Names & denominations
- ELEC-CITY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 June 2023
- Peppol
- Active · Active since 17 Mar 2026
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