Financials
Financial year 2025
E.S.D. from Torhout, company number BE0879920454, closed financial year 2025 with a result of € 19,240 after tax. For that financial year E.S.D. recorded a gross margin of € 349,211 and equity of € 887,055. Compared with financial year 2024, the result moved from € 82,408 to € 19,240. 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 July 19, 2026.
€ 887,055
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 19,240
▼ 77% vs 2024
Profit after tax over the fiscal year.
€ 202,180
▼ 45% 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 € 867,055.
People and assets in 2025
2.4
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 185,526
▼ 11% vs 2024
€ 77,300 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.
€ 139,127
▲ 4% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 476,920
▼ 21% vs 2024
€ 103,094 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 63,473
▲ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 20,218
▼ 25% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 456,504 | € 456,243 | € 455,361 | € 349,211 | ▼ 23% |
| Profit after taxes | € 262,916 | € 139,778 | € 82,408 | € 19,240 | ▼ 77% |
| Equity | € 645,629 | € 785,407 | € 867,815 | € 887,055 | ▲ 2% |
| Total debts | € 1,262,191 | € 1,256,396 | € 1,130,458 | € 945,402 | ▼ 16% |
| Cash | € 243,149 | € 52,609 | € 370,082 | € 202,180 | ▼ 45% |
| Land & buildings | € 1,133,648 | € 1,123,163 | € 1,116,035 | € 1,090,352 | ▼ 2% |
| Retained profit | € 625,629 | € 765,407 | € 847,815 | € 867,055 | ▲ 2% |
| Bank debt | € 635,251 | € 670,568 | € 601,145 | € 476,920 | ▼ 21% |
| Balance sheet total | € 1,907,820 | € 2,041,803 | € 1,998,273 | € 1,832,457 | ▼ 8% |
| Employees (FTE) | 1.4 | 2.3 | 2.9 | 2.4 | ▼ 0.5 |
By gross margin, E.S.D. ranks 3rd of 36 companies with main activity “Algemene elektrotechnische installatiewerken” in Torhout that publish figures (fiscal year 2025).
Key figures of E.S.D., 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.
Ask about E.S.D. the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to E.S.D.?
What happened at E.S.D. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 19,240 (▼ 77% vs 2024). Source: NBB ↗
- Capital increase of € 56,400, published in the Gazette. Source: Staatsblad ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Lichtervelde. KBO
In short
From € 262,916 profit in 2022 to € 19,240 profit in 2025.
Paid € 143,772 in corporate taxes since 2022.
Best year ever: 2022, with € 262,916 profit.
On average € 145,500 of value added per employee in 2025.
Management
Behind E.S.D. is Steven Decock.
Directors
According to the 2025 annual accounts
Steven Decock
Director
Establishments
Establishment units
Physical locations of this company
Beekstraat 23
8820 Torhout
Grietestraat 1
8810 Lichtervelde
Active since 21 March 2006
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
GOOGLE-CLOUD-PLATFORM - Google LLC, US
Website info
Features
Security
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- DECOCK Steven(oprichter) 100%
Details
- Company number
- 0879.920.454
- VAT number
- BE 0879.920.454
- Registered office
- Beekstraat 23, 8820 Torhout
- Names & denominations
- E.S.D.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 March 2006
- Peppol
- Active · Active since 5 May 2025
- Contact
- esdbv.be
- Activities · NACE
Algemene elektrotechnische installatiewerken
Elektrische installatie