Financials
Financial year 2026
Elektro Degroote from Knokke-Heist, company number BE0844237916, closed financial year 2026 with a result of € 115 after tax. For that financial year Elektro Degroote recorded a gross margin of € 39,571 and equity of € 1,429. Compared with financial year 2025, the result moved from € 2,835 to € 115. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 10, 2026.
€ 1,429
▲ 9% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 115
▼ 96% vs 2025
Profit after tax over the fiscal year.
€ 27,612
▼ 10% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € -10,971.
Debts at end 2026
€ 127,358
▼ 13% vs 2025
€ 19,391 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 17,611
▼ 47% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 9,831
▲ 33% vs 2025
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 94,062 | € 61,002 | € 76,517 | € 39,571 | ▼ 48% |
| Profit after taxes | € 6,344 | € -28,813 | € 2,835 | € 115 | ▼ 96% |
| Equity | € 33,493 | € -1,520 | € 1,315 | € 1,429 | ▲ 9% |
| Total debts | € 271,009 | € 265,213 | € 235,706 | € 192,394 | ▼ 18% |
| Cash | € 34,606 | € 22,875 | € 30,838 | € 27,612 | ▼ 10% |
| Land & buildings | € 184,137 | € 154,266 | € 124,396 | € 94,526 | ▼ 24% |
| Retained profit | € 14,893 | € -13,920 | € -11,085 | € -10,971 | ▲ € 115 |
| Bank debt | € 189,234 | € 164,448 | € 146,179 | € 127,358 | ▼ 13% |
| Balance sheet total | € 304,502 | € 263,693 | € 237,020 | € 193,823 | ▼ 18% |
| Employees (FTE) | 1 | 1 | 0.7 | - |
Key figures of Elektro Degroote, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to Elektro Degroote?
What happened at Elektro Degroote in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 115 (▼ 96% vs 2025). Source: NBB ↗
- Pedro Degroote became a director. NBB
- Patrick Degroote became a director. NBB
- New establishment in Knokke-Heist. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,344 profit in 2023 to € 115 profit in 2026.
Paid € 346 in corporate taxes since 2023.
Best year ever: 2023, with € 6,344 profit.
On average € 61,000 of value added per employee in 2024.
A new publication or filing at Elektro Degroote? 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 Elektro Degroote are Pedro Degroote and Patrick Degroote.
Directors
According to the 2026 annual accounts
Pedro Degroote
Director
since 2023
Patrick Degroote
Director
since 2023
Establishments
Establishment units
Physical locations of this company
De Klerckstraat 43
8300 Knokke-Heist
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.
Details
- Company number
- 0844.237.916
- VAT number
- BE 0844.237.916
- Registered office
- De Klerckstraat 43, 8300 Knokke-Heist
- Names & denominations
- Elektro Degroote
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 March 2012
- Peppol
- Active · Active since 2 Apr 2026
- Activities · NACE
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