Financials
Financial year 2025
SunElektro from Wortegem-Petegem, company number BE0840078594, closed financial year 2025 with a result of € 41,873 after tax. For that financial year SunElektro recorded a gross margin of € 632,111 and equity of € 846,861. Compared with financial year 2024, the result moved from € 312,751 to € 41,873. The company is profitable. 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 January 30, 2026.
€ 846,861
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 41,873
▼ 87% vs 2024
Profit after tax over the fiscal year.
€ 127,731
▼ 53% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 14,196 paid out
34 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
6.5
▲ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 475,643
▲ 29% vs 2024
€ 73,200 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.
€ 165,859
▼ 2% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 180,144
▲ € 150,004 vs 2024
€ 64,165 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 129,869
▲ 28% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 42,126
▲ 45% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 238,038 | € 763,679 | € 881,676 | € 632,111 | ▼ 28% |
| Profit after taxes | € 72,525 | € 336,662 | € 312,751 | € 41,873 | ▼ 87% |
| Equity | € 190,771 | € 527,433 | € 819,184 | € 846,861 | ▲ 3% |
| Total debts | € 316,444 | € 550,877 | € 192,476 | € 568,187 | ▲ 195% |
| Cash | € 31,776 | € 326,841 | € 269,337 | € 127,731 | ▼ 53% |
| Land & buildings | € 21,601 | € 86,570 | € 78,086 | € 67,679 | ▼ 13% |
| Retained profit | € 172,171 | € 508,833 | € 800,584 | € 828,261 | ▲ 3% |
| Dividend | € 0 | € 0 | € 21,000 | € 14,196 | ▼ 32% |
| Bank debt | € 56,716 | € 71,283 | € 30,139 | € 180,144 | ▲ € 150,004 |
| Balance sheet total | € 507,215 | € 1,078,310 | € 1,011,660 | € 1,415,048 | ▲ 40% |
| Employees (FTE) | - | - | 6.1 | 6.5 | ▲ 0.4 |
Key figures of SunElektro, 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 January 2027.
What happened to SunElektro?
What happened at SunElektro in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 41,873 (▼ 87% vs 2024). Source: NBB ↗
- Bart Baert became a director. NBB
- Lode Baert became a director. NBB
- New establishment in Wortegem-Petegem. KBO
- Luc Baert became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 72,525 profit in 2022 to € 41,873 profit in 2025.
Paid € 315,491 in corporate taxes since 2022.
Best year ever: 2023, with € 336,662 profit.
On average € 97,200 of value added per employee in 2025.
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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 SunElektro are Luc Baert, Bart Baert and Lode Baert. Bart Baert is also behind FAY TRADE. Lode Baert is also behind LOAD-IT.
Establishments
Establishment units
Physical locations of this company
Zonnestraat (W.-P.) 35
9790 Wortegem-Petegem
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
- 0840.078.594
- VAT number
- BE 0840.078.594
- Registered office
- Zonnestraat (W.-P.) 35, 9790 Wortegem-Petegem
- Names & denominations
- SunElektro
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 October 2011
- Peppol
- Active · Active since 5 Jun 2026
- Activities · NACE
Algemene elektrotechnische installatiewerken