Financials
Financial year 2025
General Integrations and Electrical Contracting from Lokeren, company number BE0859772366, closed financial year 2025 with a result of € 1.2 million after tax. For that financial year General Integrations and Electrical Contracting recorded revenue of € 20.7 million and equity of € 2.2 million. Compared with financial year 2024, the result moved from € 1.3 million to € 1.2 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 June 30, 2026.
€ 2.2 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.2 million
▼ 4% vs 2024
Profit after tax over the fiscal year.
€ 1.7 million
▲ 56% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.2 million paid out
100 % of the profit went to the shareholders, mostly to GESS (100 % of the shares). That is where the money ends up.
People and assets in 2025
80.1
▲ 2.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 6.4 million
▲ 6% vs 2024
€ 80,200 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.
€ 655,647
▼ 5% vs 2024
Of which on lease € 7,075.
Debts at end 2025
€ 7,465
▼ 50% vs 2024
€ 3,412 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 2.9 million
▼ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 84 days on average.
€ 1 million
▲ 5% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 18,115,885 | € 17,682,523 | € 20,698,580 | ▲ 17% |
| Gross margin | € 7,465,244 | - | - | - | |
| Profit after taxes | € 1,395,636 | € 1,261,822 | € 1,251,444 | € 1,199,194 | ▼ 4% |
| Equity | € 1,939,262 | € 1,951,083 | € 2,202,528 | € 2,201,722 | |
| Total debts | € 5,809,349 | € 6,114,911 | € 7,122,525 | € 6,623,875 | ▼ 7% |
| Cash | € 2,906,395 | € 1,014,473 | € 1,062,024 | € 1,653,167 | ▲ 56% |
| Land & buildings | € 334,997 | € 303,243 | € 269,989 | € 336,968 | ▲ 25% |
| Retained profit | € 1,813,907 | € 1,828,034 | € 2,081,783 | € 2,083,282 | |
| Dividend | € 900,000 | € 1,250,000 | € 1,000,000 | € 1,200,000 | ▲ 20% |
| Bank debt | € 5,481 | € 15,756 | € 14,867 | € 7,465 | ▼ 50% |
| Balance sheet total | € 7,748,611 | € 8,065,995 | € 9,325,052 | € 8,825,597 | ▼ 5% |
| Employees (FTE) | 72.6 | 81.4 | 77.4 | 80.1 | ▲ 2.7 |
Key figures of General Integrations and Electrical Contracting, 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 General Integrations and Electrical Contracting?
What happened at General Integrations and Electrical Contracting in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Falcon Fund Management stepped down as director. NBB
- Leociel stepped down as director. NBB
- Actimo Consulting stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.2 million (▼ 4% vs 2024). Source: NBB ↗
- Falcon Fund Management became a director. NBB
- Leociel became a director. NBB
- Actimo Consulting became a director. NBB
- New establishment in Lokeren. KBO
In short
From € 1.4 million profit in 2022 to € 1.2 million profit in 2025.
Paid € 2 million in corporate taxes since 2022.
Best year ever: 2022, with € 1.4 million profit.
On average € 102,800 of value added per employee in 2022.
Management
The stake of GESS, FRO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
General Integrations and Electrical ContractingThe shares are held by GESS (100%) and FRO (80%).
Directors
According to the 2025 annual accounts
Director · represented by Thomas De Duytsche
Also active at: J.L. Hertsens, PAUWELS, Day By Day Courier Service, ON TIME SOLUTIONS, Pauwels Construct, JACRIMAR, M.Ex.T. BELGIUM, G & G CONSTRUCT +31 more
since 2025 · until 2031
since 2025 · until 2031
Director · represented by Christophe Catteau
Also active at: INDINOX, ATEC, VIND, Magrometal, ACTUM SERVICES, GIECINVEST, TECHNISCHE INSTALLATIE-, LAS- EN CONSTRUCTIEWERKEN, DE ACTO INVEST +14 more
since 2025 · until 2031
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Mosten 8
9160 Lokeren
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0859.772.366
- VAT number
- BE 0859.772.366
- Registered office
- Mosten 8, 9160 Lokeren
- Names & denominations
- General Integrations and Electrical Contracting · GIECo
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 July 2003
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Algemene elektrotechnische installatiewerken
Elektrische installatie