Financials
Financial year 2025
ELEKTRO VERSTRAETE from De Panne, company number BE0878282738, closed financial year 2025 with a result of € 26,159 after tax. For that financial year ELEKTRO VERSTRAETE recorded a gross margin of € 77,319 and equity of € 328,207. Compared with financial year 2024, the result moved from € -6,360 to € 26,159. Profitable, and profit is growing. 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 August 28, 2026.
€ 328,207
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 26,159
▲ still € 6,360 loss in 2024
Profit after tax over the fiscal year.
€ 61,880
▲ 176% 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 € 195,107.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 19,301
▼ 64% 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.
€ 33,771
▼ 40% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,061
▼ 62% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,140
▼ 74% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 159,204 | € 160,028 | € 80,312 | € 77,319 | ▼ 4% |
| Profit after taxes | € 22,351 | € 13,478 | € -6,360 | € 26,159 | ▲ € 32,519 |
| Equity | € 294,930 | € 308,408 | € 302,048 | € 328,207 | ▲ 9% |
| Total debts | € 139,529 | € 78,149 | € 27,869 | € 17,461 | ▼ 37% |
| Cash | € 52,498 | € 41,709 | € 22,432 | € 61,880 | ▲ 176% |
| Land & buildings | € 222,576 | € 219,546 | € 216,515 | € 213,485 | ▼ 1% |
| Retained profit | € 161,830 | € 175,308 | € 168,948 | € 195,107 | ▲ 15% |
| Bank debt | € 90,589 | € 47,500 | € 3,685 | € 0 | ▼ 100% |
| Balance sheet total | € 434,460 | € 386,558 | € 329,918 | € 345,668 | ▲ 5% |
Key figures of ELEKTRO VERSTRAETE, 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 ELEKTRO VERSTRAETE?
What happened at ELEKTRO VERSTRAETE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 26,159. filed late Source: NBB ↗
- New establishment in De Panne. KBO
- Start of the company according to the CBE. KBO
In short
From € 22,351 profit in 2022 to € 26,159 profit in 2025.
Paid € 3,527 in corporate taxes since 2022.
Best year ever: 2025, with € 26,159 profit.
Management
Behind ELEKTRO VERSTRAETE is Philip Verstraete.
Directors
According to the 2025 annual accounts
Philip Verstraete
Manager
Establishments
Establishment units
Physical locations of this company
Barkenlaan 38
8660 De Panne
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0878.282.738
- VAT number
- BE 0878.282.738
- Registered office
- Barkenlaan 38, 8660 De Panne
- Names & denominations
- ELEKTRO VERSTRAETE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 December 2005
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Algemene elektrotechnische installatiewerken
Elektrische installatie
Detailhandel in elektrische huishoudapparaten
Reparatie en onderhoud van consumentenelektronica
Reparatie van elektrische huishoudapparaten
Detailhandel in elektrische huishoudapparaten en in audio- en videoapparatuur