Financials
Financial year 2024
BARELEC-SBS from Gent, company number BE0880474641, closed financial year 2024 with a result of € 16,465 after tax. For that financial year BARELEC-SBS recorded a gross margin of € 24,344 and equity of € 59,052. Compared with financial year 2023, the result moved from € 33,810 to € 16,465. 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 21, 2025.
€ 59,052
▲ 39% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,465
▼ 51% vs 2023
Profit after tax over the fiscal year.
€ 579
▼ 77% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 49,352.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 525
▼ 54% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 16,718
▼ 4% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 22,242
▼ 6% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 222,413 | - | |
| Gross margin | € -5,538 | € 12,426 | € 45,185 | € 24,344 | ▼ 46% |
| Profit after taxes | € -21,298 | € 9,078 | € 33,810 | € 16,465 | ▼ 51% |
| Equity | € -301 | € 8,777 | € 42,587 | € 59,052 | ▲ 39% |
| Total debts | € 65,274 | € 82,683 | € 41,004 | € 38,960 | ▼ 5% |
| Cash | € 6,648 | € 6,235 | € 2,534 | € 579 | ▼ 77% |
| Retained profit | € -10,001 | € -923 | € 32,887 | € 49,352 | ▲ 50% |
| Bank debt | € 20,328 | € 3,322 | € 0 | € 0 | |
| Balance sheet total | € 64,973 | € 91,461 | € 83,591 | € 98,012 | ▲ 17% |
Key figures of BARELEC-SBS, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to BARELEC-SBS?
What happened at BARELEC-SBS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 16,465 (▼ 51% vs 2023). filed late Source: NBB ↗
- New establishment in Merelbeke-Melle. KBO
- Start of the company according to the CBE. KBO
In short
From € 21,298 loss in 2021 to € 16,465 profit in 2024.
Paid € 18,735 in corporate taxes since 2021.
Best year ever: 2023, with € 33,810 profit.
Management
Behind BARELEC-SBS is STEPHANE BARABASCH.
Directors
According to the 2024 annual accounts
STEPHANE BARABASCH
Director
Establishments
Establishment units
Physical locations of this company
Grensstraat 280
9000 Gent
John Youngestraat 18
9090 Merelbeke-Melle
Active since 13 July 2006
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0880.474.641
- VAT number
- BE 0880.474.641
- Registered office
- Grensstraat 280, 9000 Gent
- Names & denominations
- BARELEC-SBS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 March 2006
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
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