Active · per the CBE, 18 September 2026

Vlegels Philippe

BE0874943958

Rechtspersoon Private limited company 1 establishment

Vlegels Philippe is an electrical contractor in Lievegem. Private Limited, started on 30 June 2005, 1 establishment.

Varensbos 10, 9920 Lievegem [email protected]

Behind the company: Elias Vlegels, Philippe Vlegels.

Active for

21 year, 2 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 37 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

Vlegels Philippe from Lievegem, company number BE0874943958, closed financial year 2025 with a result of € 16,784 after tax. For that financial year Vlegels Philippe recorded revenue of € 549,920 and equity of € 308,001. Compared with financial year 2024, the result moved from € 58,860 to € 16,784. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 20, 2025.

What it is worth Growing

€ 308,001

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 16,784

▼ 71% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 46,494

▲ 136% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 16,000 paid out

95 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Wage cost

€ 124,147

▲ 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.

Vehicles and equipment

€ 72,023

▼ 25% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 85,000

▼ 6% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 52,730

▲ 123% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 17,543

▼ 33% vs 2024

Taxes, VAT and social contributions still to pay.

Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Revenue - - - € 549,920
Gross margin € 164,819 € 150,521 € 231,552 € 234,032 ▲ 1%
Profit after taxes € 35,740 € 20,658 € 58,860 € 16,784 ▼ 71%
Equity € 300,370 € 248,357 € 307,217 € 308,001
Total debts € 76,004 € 179,859 € 324,542 € 380,207 ▲ 17%
Cash € 37,644 € 48,477 € 19,671 € 46,494 ▲ 136%
Land & buildings € 16,979 € 11,770 € 285,573 € 277,315 ▼ 3%
Retained profit € 300,370 € 248,357 € 282,217 € 283,001
Dividend € 0 € 0 € 0 € 16,000
Bank debt € 20,149 € 12,662 € 90,093 € 85,000 ▼ 6%
Balance sheet total € 376,374 € 428,216 € 631,760 € 688,208 ▲ 9%
Employees (FTE) 2 - - -

Key figures of Vlegels Philippe, 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 October 2026.

What happened to Vlegels Philippe?

What happened at Vlegels Philippe in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 16,784 (▼ 71% vs 2024). Source: NBB ↗
  • Elias Vlegels became a director. NBB
  • New establishment in Lievegem. KBO
  • Start of the company according to the CBE. KBO

In short

From € 35,740 profit in 2022 to € 16,784 profit in 2025.

Paid € 48,985 in corporate taxes since 2022.

Best year ever: 2024, with € 58,860 profit.

On average € 82,400 of value added per employee in 2022.

Management

Elias Vlegels Philippe Vlegels
Vlegels Philippe

Behind Vlegels Philippe are Elias Vlegels and Philippe Vlegels.

See the full network in the app

Directors

According to the 2025 annual accounts

Elias Vlegels

Director

since 2025

Philippe Vlegels

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Varensbos 10

9920 Lievegem

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0874.943.958
VAT number
BE 0874.943.958
Registered office
Varensbos 10, 9920 Lievegem
Names & denominations
Vlegels Philippe
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
30 June 2005
Peppol
Active · Active since 27 Mar 2026
Activities · NACE

Algemene elektrotechnische installatiewerken

Elektrische installatie

Frequently asked questions

What does Vlegels Philippe do?
Vlegels Philippe is an electrical contractor in Lievegem. Private Limited, started on 30 June 2005, 1 establishment.
What is the address of Vlegels Philippe?
The registered office of Vlegels Philippe is located at Varensbos 10, 9920 Lievegem.
Is Vlegels Philippe still active?
Yes. According to the CBE (18 September 2026) Vlegels Philippe is active, legal situation “Normale toestand”, started on 30 June 2005.
Is Vlegels Philippe registered on Peppol?
Yes, Vlegels Philippe is registered on the Peppol network with ID 0208:0874943958.
What is the enterprise number of Vlegels Philippe?
The enterprise number of Vlegels Philippe is BE0874943958.
When was Vlegels Philippe founded?
Vlegels Philippe was founded on 30 June 2005.