Financials
Financial year 2025
WEST AFRICAN ELECTRIC from Antwerpen, company number BE0834225041, closed financial year 2025 with a result of € 36,248 after tax. For that financial year WEST AFRICAN ELECTRIC recorded a gross margin of € 890,354 and equity of € 2.3 million. Compared with financial year 2024, the result moved from € 28,978 to € 36,248. 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 July 13, 2026.
€ 2.3 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 36,248
▲ 25% vs 2024
Profit after tax over the fiscal year.
€ 291,936
▼ 22% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 330,267.
People and assets in 2025
6.3
▲ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 763,320
▲ 8% vs 2024
€ 121,200 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.
€ 43,033
▼ 42% 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.
€ 52,777
▲ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 82,455
▲ 15% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 823,003 | € 980,662 | € 822,111 | € 890,354 | ▲ 8% |
| Profit after taxes | € 40,730 | € 29,011 | € 28,978 | € 36,248 | ▲ 25% |
| Equity | € 2,236,031 | € 2,265,042 | € 2,294,019 | € 2,330,267 | ▲ 2% |
| Total debts | € 110,583 | € 117,211 | € 123,963 | € 135,231 | ▲ 9% |
| Cash | € 591,457 | € 315,579 | € 372,994 | € 291,936 | ▼ 22% |
| Retained profit | € 236,031 | € 265,042 | € 294,019 | € 330,267 | ▲ 12% |
| Balance sheet total | € 2,346,614 | € 2,382,253 | € 2,417,982 | € 2,465,499 | ▲ 2% |
| Employees (FTE) | 6.6 | 5.8 | 5.8 | 6.3 | ▲ 0.5 |
Key figures of WEST AFRICAN 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 WEST AFRICAN ELECTRIC?
What happened at WEST AFRICAN ELECTRIC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 36,248 (▲ 25% vs 2024). Source: NBB ↗
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 40,730 profit in 2022 to € 36,248 profit in 2025.
Paid € 61,684 in corporate taxes since 2022.
Best year ever: 2022, with € 40,730 profit.
On average € 141,300 of value added per employee in 2025.
Management
Behind WEST AFRICAN ELECTRIC are Kenneth Van den Broeke and Van den Broeke Dimitri.
Directors
According to the 2025 annual accounts
Kenneth Van den Broeke
Director
Van den Broeke Dimitri
Director
Establishments
Establishment units
Physical locations of this company
Schaliënstraat 1
2000 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
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€ 1.3 million gross margin · 2025
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€ -13,764 gross margin · 2025
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+3 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
- 0834.225.041
- VAT number
- BE 0834.225.041
- Registered office
- Schaliënstraat 1, 2000 Antwerpen
- Names & denominations
- WEST AFRICAN ELECTRIC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 February 2011
- Peppol
- Active · Active since 27 Oct 2025
- Activities · NACE
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