Financials
Financial year 2025
ENTRADO from Waregem, company number BE0833105977, closed financial year 2025 with a result of € 5.4 million after tax. For that financial year ENTRADO recorded revenue of € 147.5 million and equity of € 4.8 million. Compared with financial year 2024, the result moved from € 5.5 million to € 5.4 million. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on March 9, 2026.
€ 4.8 million
▼ 49% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5.4 million
▼ 1% vs 2024
Profit after tax over the fiscal year.
€ 20.8 million
▲ € 15.8 million vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 10 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
10.5
▲ 2.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 901,142
▲ 33% vs 2024
€ 85,800 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.
€ 30,301
▼ 10% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.2 million
▲ 99% vs 2024
Loans from banks and other lenders, long and short.
€ 8.8 million
▲ 113% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 23 days on average.
€ 1.7 million
▲ 9% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 126,253,137 | € 125,766,527 | € 93,928,802 | € 147,531,542 | ▲ 57% |
| Profit after taxes | € 1,463,083 | € 4,404,740 | € 5,456,952 | € 5,416,657 | ▼ 1% |
| Equity | € 2,094,795 | € 6,315,463 | € 9,340,809 | € 4,757,466 | ▼ 49% |
| Total debts | € 86,228,481 | € 24,427,003 | € 10,933,940 | € 23,395,970 | ▲ 114% |
| Cash | € 29,235,457 | € 12,970,824 | € 4,987,724 | € 20,826,149 | ▲ € 15.8 million |
| Retained profit | € 1,876,195 | € 6,096,863 | € 9,122,209 | € 4,538,866 | ▼ 50% |
| Dividend | € 122,626 | € 184,072 | € 2,431,607 | € 10,000,000 | ▲ € 7.6 million |
| Bank debt | € 0 | € 0 | € 588,205 | € 1,172,975 | ▲ 99% |
| Balance sheet total | € 88,323,276 | € 30,742,466 | € 20,274,748 | € 28,153,436 | ▲ 39% |
| Employees (FTE) | 2.7 | 6.4 | 7.9 | 10.5 | ▲ 2.6 |
Key figures of ENTRADO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to ENTRADO?
What happened at ENTRADO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Elindus NV stepped down as director. NBB
- Traderworx BV stepped down as director. NBB
- Kwantumsprong BV stepped down as director. NBB
- New establishment in Kortrijk. KBO
- New annual accounts for financial year 2025: profit of € 5.4 million (▼ 1% vs 2024). Source: NBB ↗
- Elindus NV became a director. NBB
- Traderworx BV became a director. NBB
- Kwantumsprong BV became a director. NBB
In short
From € 1.5 million profit in 2022 to € 5.4 million profit in 2025.
Paid € 5 million in corporate taxes since 2022.
Best year ever: 2024, with € 5.5 million profit.
Paid out € 12.7 million in dividends to the owners in total.
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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
The stake of Accoform, Strado Group comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ENTRADOThe shares are held by Accoform (50%) and Strado Group (50%).
Directors
According to the 2025 annual accounts
Managing director · represented by Lode Hullebusch
since 2025 · until 2030
since 2025 · until 2030
since 2025 · until 2030
Shareholders
50%
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Meersstraat 13 box 2.1
8790 Waregem
President Kennedylaan(Kor) 29A
8500 Kortrijk
Active since 1 June 2026
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
- 0833.105.977
- VAT number
- BE 0833.105.977
- Registered office
- Meersstraat 13 bus 2.1, 8790 Waregem
- Names & denominations
- ENTRADO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 January 2011
- Peppol
- Active · Active since 21 Nov 2025
- Activities · NACE
Handel in elektriciteit
Algemene elektrotechnische installatiewerken
Sanitaire werkzaamheden