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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Busy address KBO
13 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ELECTRO IHSAN & NIHAT from Brussel, company number BE0862657028, closed financial year 2025 with a result of € 48,041 after tax. For that financial year ELECTRO IHSAN & NIHAT recorded a gross margin of € 1.3 million and equity of € 477,552. Compared with financial year 2024, the result moved from € 32,928 to € 48,041. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 13, 2026.
€ 477,552
▼ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 48,041
▲ 46% vs 2024
Profit after tax over the fiscal year.
€ 99,756
▲ € 80,791 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 153,868 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
18
▲ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.2 million
▲ 13% vs 2024
€ 65,200 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.
€ 24,997
▲ € 19,887 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 51,069
▲ 247% vs 2024
€ 20,883 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 575,663
▲ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 225,397
▲ 16% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,156,913 | € 1,186,946 | € 1,118,368 | € 1,293,999 | ▲ 16% |
| Profit after taxes | € 94,468 | € 112,684 | € 32,928 | € 48,041 | ▲ 46% |
| Equity | € 711,392 | € 662,405 | € 583,379 | € 477,552 | ▼ 18% |
| Total debts | € 689,811 | € 1,032,429 | € 879,475 | € 1,005,995 | ▲ 14% |
| Cash | € 152,437 | € 130,651 | € 18,965 | € 99,756 | ▲ € 80,791 |
| Land & buildings | € 101,000 | € 101,000 | € 101,000 | € 101,000 | |
| Retained profit | € 692,792 | € 643,805 | € 564,779 | € 458,952 | ▼ 19% |
| Dividend | € 0 | € 161,671 | € 111,954 | € 153,868 | ▲ 37% |
| Bank debt | € 66,900 | € 59,330 | € 14,700 | € 51,069 | ▲ 247% |
| Balance sheet total | € 1,460,126 | € 1,761,443 | € 1,529,497 | € 1,561,028 | ▲ 2% |
| Employees (FTE) | 20 | 17.3 | 17.4 | 18 | ▲ 0.6 |
Key figures of ELECTRO IHSAN & NIHAT, 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 ELECTRO IHSAN & NIHAT?
What happened at ELECTRO IHSAN & NIHAT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 48,041 (▲ 46% vs 2024). Source: NBB ↗
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 94,468 profit in 2022 to € 48,041 profit in 2025.
Paid € 176,217 in corporate taxes since 2022.
Best year ever: 2023, with € 112,684 profit.
On average € 71,900 of value added per employee in 2025.
A new publication or filing at ELECTRO IHSAN & NIHAT? 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 ELECTRO IHSAN & NIHAT are Nihat MUGLA and Ihsan OZCELIK.
Directors
According to the 2025 annual accounts
Nihat MUGLA
Director
Ihsan OZCELIK
Director
Establishments
Establishment units
Physical locations of this company
Vilvoordsesteenweg 80 box 7D
1120 Brussel
Vilvoordsesteenweg 80/7D
1120 Brussel
Active since 1 March 2004
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.
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€ 544,846 gross margin · 2025
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€ 563,307 gross margin · 2025
GROUP BORGES
€ 41,478 gross margin · 2025
+8 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0862.657.028
- VAT number
- BE 0862.657.028
- Registered office
- Vilvoordsesteenweg 80 bus 7D, 1120 Brussel
- Names & denominations
- ELECTRO IHSAN & NIHAT · E.N.I
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 January 2004
- Peppol
- Active · Active since 15 Oct 2025
- Activities · NACE
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