Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
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Legal situation KBO
Gerechtelijke ontbinding of nietigheid according to the CBE.
Financials
Financial year 2025
M.D. ELEKTRO from Waregem, company number BE0832538330, closed financial year 2025 with a result of € -59,975 after tax. For that financial year M.D. ELEKTRO recorded a gross margin of € -11,353 and equity of € 4,368. Compared with financial year 2024, the result moved from € -22,688 to € -59,975. The company made a loss. The buffer shrank hard: equity is 93 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 4,368
▼ 93% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -59,975
▼ 164 % more loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -95,632.
Debts at end 2025
€ 477,384
Loans from banks and other lenders, long and short.
€ 12,686
▼ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,956
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2023 | 2024 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 122,813 | € -12,128 | € 5,157 | € -11,353 | ▼ € 16,510 |
| Profit after taxes | € 37,505 | € -109,522 | € -22,688 | € -59,975 | ▼ € 37,287 |
| Equity | € 196,553 | € 87,031 | € 64,343 | € 4,368 | ▼ 93% |
| Total debts | € 614,797 | € 568,738 | € 579,013 | € 573,890 | ▼ 1% |
| Cash | € 47,976 | € 0 | - | - | |
| Land & buildings | € 645,625 | € 633,067 | € 621,372 | € 597,483 | ▼ 4% |
| Retained profit | € 96,553 | € -12,969 | € -35,657 | € -95,632 | ▼ € 59,975 |
| Bank debt | € 502,378 | € 476,460 | € 476,956 | € 477,384 | |
| Balance sheet total | € 811,350 | € 711,765 | € 699,352 | € 647,210 | ▼ 7% |
Key figures of M.D. ELEKTRO, 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 M.D. ELEKTRO?
What happened at M.D. ELEKTRO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
M.D. ELEKTRO is active according to the CBE. Legal situation: Gerechtelijke ontbinding of nietigheid.
- New annual accounts for financial year 2025: loss of € 59,975. Source: NBB ↗
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 37,505 profit in 2023 to € 59,975 loss in 2025.
Paid € 17,317 in corporate taxes since 2023.
Best year ever: 2023, with € 37,505 profit.
A new publication or filing at M.D. ELEKTRO? 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
Behind M.D. ELEKTRO is Yves François. Yves François is also behind ADVOCATENKANTOOR YVES FRANÇOIS.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Zultseweg 86
8790 Waregem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0832.538.330
- VAT number
- BE 0832.538.330
- Registered office
- Zultseweg 86, 8790 Waregem
- Names & denominations
- M.D. ELEKTRO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Gerechtelijke ontbinding of nietigheid
- Start date
- 23 December 2010
- Peppol
- Not registered
- Activities · NACE
Schoonheidsverzorging en andere schoonheidsbehandelingen
Schoonheidsverzorging
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Overige persoonlijke diensten
Activiteiten van kuuroorden, sauna’s en stoombaden
Algemene elektrotechnische installatiewerken
Eetgelegenheden met beperkte bediening
Sauna's, solaria, baden enz.