Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 3 to 2.
Financials
Financial year 2025
VGL-Elektro from Zonhoven, company number BE0862576854, closed financial year 2025 with a result of € 55,218 after tax. For that financial year VGL-Elektro recorded a gross margin of € 255,881 and equity of € 547,134. Compared with financial year 2024, the result moved from € 32,792 to € 55,218. Profitable, and profit is growing. 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 June 18, 2026.
€ 547,134
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 55,218
▲ 68% vs 2024
Profit after tax over the fiscal year.
€ 24,757
▼ 34% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 74,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
2
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 115,286
▼ 18% vs 2024
€ 57,600 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.
€ 18,603
▲ 51% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 548,139
▼ 11% vs 2024
€ 35,869 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.
€ 90,463
Supplier invoices still open on the last day of the fiscal year.
€ 10,792
▼ 15% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 292,045 | € 458,858 | € 305,452 | € 255,881 | ▼ 16% |
| Profit after taxes | € 106,926 | € 248,120 | € 32,792 | € 55,218 | ▲ 68% |
| Equity | € 285,003 | € 533,124 | € 565,916 | € 547,134 | ▼ 3% |
| Total debts | € 316,349 | € 388,076 | € 774,372 | € 649,394 | ▼ 16% |
| Cash | € 196,785 | € 459,935 | € 37,763 | € 24,757 | ▼ 34% |
| Land & buildings | - | - | € 716,383 | € 681,433 | ▼ 5% |
| Retained profit | € 241,003 | € 489,124 | € 521,916 | € 503,134 | ▼ 4% |
| Dividend | € 0 | € 0 | € 0 | € 74,000 | |
| Bank debt | € 143,000 | € 105,500 | € 615,848 | € 548,139 | ▼ 11% |
| Balance sheet total | € 601,353 | € 921,200 | € 1,340,288 | € 1,196,528 | ▼ 11% |
| Employees (FTE) | 3 | 3 | 2.5 | 2 | ▼ 0.5 |
Key figures of VGL-Elektro, 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 VGL-Elektro?
What happened at VGL-Elektro in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 55,218 (▲ 68% vs 2024). Source: NBB ↗
- New establishment in Zonhoven. KBO
- Start of the company according to the CBE. KBO
- New establishment in Zonhoven. KBO
In short
From € 106,926 profit in 2022 to € 55,218 profit in 2025.
Paid € 64,951 in corporate taxes since 2022.
Best year ever: 2023, with € 248,120 profit.
On average € 127,900 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 VGL-Elektro are Liesje VAN GENECHTEN, Mathias VAN GENECHTEN, Nadine LAMBRECHTS and Werner VAN GENECHTEN.
Directors
According to the 2025 annual accounts
Liesje VAN GENECHTEN
Director
Mathias VAN GENECHTEN
Director
Nadine LAMBRECHTS
Director
Werner VAN GENECHTEN
Director
Establishments
Establishment units
Physical locations of this company
Oudestraat 4 box A
3520 Zonhoven
Oudestraat 4 A
3520 Zonhoven
Active since 10 December 2003
Zavelstraat 73
3520 Zonhoven
Active since 1 January 2026
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0862.576.854
- VAT number
- BE 0862.576.854
- Registered office
- Oudestraat 4 bus A, 3520 Zonhoven
- Names & denominations
- VGL-Elektro
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 January 2004
- Peppol
- Active · Active since 28 Jan 2026
- Activities · NACE
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