Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 36 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
G./ELECTRICITY from Langemark-Poelkapelle, company number BE0862327426, closed financial year 2025 with a result of € -33,356 after tax. For that financial year G./ELECTRICITY recorded a gross margin of € 48,927 and equity of € 120,709. Compared with financial year 2024, the result moved from € 29,499 to € -33,356. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 8, 2026.
€ 120,709
▼ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -33,356
▼ still € 29,499 profit in 2024
Profit after tax over the fiscal year.
€ 5,073
▲ 191% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 95,709.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 50,261
▲ 4% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 42,096
▼ 8% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 53,209
▲ 21% vs 2024
€ 13,000 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 18,511
▼ 33% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,026
▼ 18% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 85,751 | € 84,318 | € 125,511 | € 48,927 | ▼ 61% |
| Profit after taxes | € 13,895 | € 9,731 | € 29,499 | € -33,356 | ▼ € 62,855 |
| Equity | € 114,835 | € 124,566 | € 154,065 | € 120,709 | ▼ 22% |
| Total debts | € 81,538 | € 158,768 | € 97,251 | € 100,597 | ▲ 3% |
| Cash | € 3,769 | € 1,914 | € 1,741 | € 5,073 | ▲ 191% |
| Retained profit | € 89,835 | € 99,566 | € 129,065 | € 95,709 | ▼ 26% |
| Bank debt | € 46,736 | € 99,915 | € 43,806 | € 53,209 | ▲ 21% |
| Balance sheet total | € 196,374 | € 283,335 | € 251,316 | € 221,306 | ▼ 12% |
Key figures of G./ELECTRICITY, 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 G./ELECTRICITY?
What happened at G./ELECTRICITY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 33,356 (▼ € 62,855 vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Langemark-Poelkapelle. KBO
- Gerdy Vandevyvere became a director. NBB
In short
From € 13,895 profit in 2022 to € 33,356 loss in 2025.
Paid € 24,250 in corporate taxes since 2022.
Best year ever: 2024, with € 29,499 profit.
Management
Behind G./ELECTRICITY is Gerdy Vandevyvere.
Directors
According to the 2025 annual accounts
Gerdy Vandevyvere
Director
since 2003
Establishments
Establishment units
Physical locations of this company
Bikschotestraat 119
8920 Langemark-Poelkapelle
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0862.327.426
- VAT number
- BE 0862.327.426
- Registered office
- Bikschotestraat 119, 8920 Langemark-Poelkapelle
- Names & denominations
- G./ELECTRICITY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 December 2003
- Peppol
- Active · Active since 23 Dec 2025
- Activities · NACE
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