Financials
Financial year 2025
ELECTRICITEITSWERKEN BAETS PATRICK from Hasselt, company number BE0862684247, closed financial year 2025 with a result of € 28,903 after tax. For that financial year ELECTRICITEITSWERKEN BAETS PATRICK recorded a gross margin of € 144,397 and equity of € 215,875. Compared with financial year 2024, the result moved from € 30,083 to € 28,903. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 26, 2026.
€ 215,875
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 28,903
▼ 4% vs 2024
Profit after tax over the fiscal year.
€ 136,123
▲ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 174,675.
People and assets in 2025
€ 34,294
▲ 2% 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.
€ 73,272
▲ 98% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 215,282
▼ 3% vs 2024
€ 37,263 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 35,113
▼ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,898
▼ 7% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 36,795 | € 110,471 | € 141,724 | € 144,397 | ▲ 2% |
| Profit after taxes | € -4,885 | € 17,331 | € 30,083 | € 28,903 | ▼ 4% |
| Equity | € 139,558 | € 156,889 | € 186,972 | € 215,875 | ▲ 15% |
| Total debts | € 496,186 | € 446,188 | € 421,945 | € 403,995 | ▼ 4% |
| Cash | € 87,936 | € 71,027 | € 128,894 | € 136,123 | ▲ 6% |
| Land & buildings | € 443,190 | € 385,479 | € 357,406 | € 329,333 | ▼ 8% |
| Retained profit | € 98,358 | € 115,689 | € 145,772 | € 174,675 | ▲ 20% |
| Bank debt | € 276,506 | € 256,461 | € 221,185 | € 215,282 | ▼ 3% |
| Balance sheet total | € 635,887 | € 603,076 | € 608,917 | € 623,609 | ▲ 2% |
Key figures of ELECTRICITEITSWERKEN BAETS PATRICK, 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 ELECTRICITEITSWERKEN BAETS PATRICK?
What happened at ELECTRICITEITSWERKEN BAETS PATRICK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 28,903 (▼ 4% vs 2024). filed late Source: NBB ↗
- New establishment in Hasselt. KBO
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,885 loss in 2022 to € 28,903 profit in 2025.
Paid € 16,758 in corporate taxes since 2022.
Best year ever: 2024, with € 30,083 profit.
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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 ELECTRICITEITSWERKEN BAETS PATRICK are Patrick Baets and Christel Thoelen.
Directors
According to the 2025 annual accounts
Patrick Baets
Director
Christel Thoelen
Director
Establishments
Establishment units
Physical locations of this company
Spalbeekstraat 22C box 2.1
3510 Hasselt
Spalbeekstraat 22
3510 Hasselt
Active since 15 January 2004
Grote Baan 119 box 1
3511 Hasselt
Active since 1 February 2023
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0862.684.247
- VAT number
- BE 0862.684.247
- Registered office
- Spalbeekstraat 22C bus 2.1, 3510 Hasselt
- Names & denominations
- ELECTRICITEITSWERKEN BAETS PATRICK
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 January 2004
- Peppol
- Active · Active since 5 Nov 2025
- Activities · NACE
Detailhandel in kranten en andere tijdschriften
Elektrische installatie
Detailhandel in kranten en kantoorbehoeften in gespecialiseerde winkels
Groothandel in elektrische huishoudelijke apparaten en audio- en videoapparatuur
Detailhandel in elektrische huishoudapparaten
Reparatie en onderhoud van consumentenelektronica
Activiteiten van loterijen en kansspelen
Algemene elektrotechnische installatiewerken
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