Financials
Financial year 2025
HD ELEKTRICITEITSWERKEN from Oostende, company number BE0841068192, closed financial year 2025 with a result of € 132,602 after tax. For that financial year HD ELEKTRICITEITSWERKEN recorded a gross margin of € 753,690 and equity of € 451,093. Compared with financial year 2024, the result moved from € 182,675 to € 132,602. 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 September 30, 2026.
€ 451,093
▲ 34% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 132,602
▼ 27% vs 2024
Profit after tax over the fiscal year.
€ 22,205
▲ 46% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1,666 paid out
1 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
8.5
▲ 1.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 501,741
▲ 23% vs 2024
€ 59,000 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.
€ 91,152
▲ 13% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 219,560
▲ 49% vs 2024
€ 73,838 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 134,280
▼ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 45,364
▲ 16% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 420,650 | € 551,949 | € 718,955 | € 753,690 | ▲ 5% |
| Profit after taxes | € 46,441 | € 59,177 | € 182,675 | € 132,602 | ▼ 27% |
| Equity | € 154,830 | € 180,960 | € 337,405 | € 451,093 | ▲ 34% |
| Total debts | € 352,644 | € 462,012 | € 496,171 | € 594,003 | ▲ 20% |
| Cash | € 45,753 | € 29,109 | € 15,159 | € 22,205 | ▲ 46% |
| Retained profit | € 136,230 | € 162,360 | € 318,805 | € 432,493 | ▲ 36% |
| Dividend | € 8,000 | € 23,420 | € 14,000 | € 1,666 | ▼ 88% |
| Bank debt | € 138,885 | € 166,551 | € 147,099 | € 219,560 | ▲ 49% |
| Balance sheet total | € 507,474 | € 642,972 | € 833,576 | € 1,045,096 | ▲ 25% |
| Employees (FTE) | - | 7.8 | 7.2 | 8.5 | ▲ 1.3 |
Key figures of HD ELEKTRICITEITSWERKEN, 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 HD ELEKTRICITEITSWERKEN?
What happened at HD ELEKTRICITEITSWERKEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 132,602 (▼ 27% vs 2024). filed late Source: NBB ↗
- New establishment in Blankenberge. KBO
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
In short
From € 46,441 profit in 2022 to € 132,602 profit in 2025.
Paid € 172,131 in corporate taxes since 2022.
Best year ever: 2024, with € 182,675 profit.
On average € 88,700 of value added per employee in 2025.
Management
Behind HD ELEKTRICITEITSWERKEN are Björn Agnes Decloedt and Mike Huys. The same people are also behind PROJECT LEGACY. Mike Huys is also behind ZILEX, Vandekerckhove-Smets & Partners and BM Beheer.
Directors
According to the 2025 annual accounts
Mike Huys
Director
Also active at: PROJECT LEGACY, ZILEX, Vandekerckhove-Smets & Partners, BM Beheer
Establishments
Establishment units
Physical locations of this company
Stuurboordstraat 12
8400 Oostende
Chrysantenstraat 101
8400 Oostende
Active since 22 November 2011
K. Deswertlaan 16 box 1
8370 Blankenberge
Active since 15 March 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Website
Technologies
Hosting & Email
Email provider
one.com Mail
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0841.068.192
- VAT number
- BE 0841.068.192
- Registered office
- Stuurboordstraat 12, 8400 Oostende
- Names & denominations
- HD ELEKTRICITEITSWERKEN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 November 2011
- Peppol
- Active · Active since 11 Aug 2025
- Contact
- hdew.be [email protected] 0476/58.14.97
- Activities · NACE
Algemene elektrotechnische installatiewerken
Overige werkzaamheden in verband met de afwerking van gebouwen
Overige bouwinstallatie
Elektrotechnische installatiewerken van nijverheidsinrichtingen
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Overige bouwinstallatie, n.e.g.