Financials
Financial year 2025
ELEMEC from Waregem, company number BE0887944631, closed financial year 2025 with a result of € 99,668 after tax. For that financial year ELEMEC recorded a gross margin of € 76,178 and equity of € 824,196. Compared with financial year 2024, the result moved from € 93,199 to € 99,668. 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 31, 2026.
€ 824,196
▲ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 99,668
▲ 7% vs 2024
Profit after tax over the fiscal year.
€ 447,878
▲ 29% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1,600 paid out
2 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 30,271
▲ 4% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 15,000
Loans from banks and other lenders, long and short.
€ 1,938
▼ 51% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 21,812
▲ 4% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 45,175 | € 113,656 | € 67,903 | € 76,178 | ▲ 12% |
| Profit after taxes | € 90,117 | € 128,055 | € 93,199 | € 99,668 | ▲ 7% |
| Equity | € 508,075 | € 634,529 | € 726,128 | € 824,196 | ▲ 14% |
| Total debts | € 136,418 | € 141,649 | € 73,591 | € 69,383 | ▼ 6% |
| Cash | € 153,283 | € 307,595 | € 345,860 | € 447,878 | ▲ 29% |
| Land & buildings | € 304,721 | € 290,387 | € 272,536 | € 261,260 | ▼ 4% |
| Retained profit | € 501,575 | € 628,029 | € 719,628 | € 817,696 | ▲ 14% |
| Dividend | € 1,600 | € 1,600 | € 1,600 | € 1,600 | |
| Bank debt | € 15,000 | € 15,000 | € 15,000 | € 15,000 | |
| Balance sheet total | € 644,493 | € 776,178 | € 799,719 | € 893,578 | ▲ 12% |
Key figures of ELEMEC, 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 ELEMEC?
What happened at ELEMEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 99,668 (▲ 7% vs 2024). filed late Source: NBB ↗
- Frédéric BRUGGEMAN stepped down as director. NBB
- Frédéric BRUGGEMAN became a director. NBB
- Gregory BRUGGEMAN became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 90,117 profit in 2022 to € 99,668 profit in 2025.
Paid € 78,443 in corporate taxes since 2022.
Best year ever: 2023, with € 128,055 profit.
Paid out € 6,400 in dividends to the owners in total.
Management
Behind ELEMEC is Gregory BRUGGEMAN. It owns 50% of Pomac Installations itself.
Directors
According to the 2025 annual accounts
since 2007
Frédéric BRUGGEMAN
Director
since 2011 · until 2026
Establishments
Establishment units
Physical locations of this company
Spitaalstraat 93
8790 Waregem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0887.944.631
- VAT number
- BE 0887.944.631
- Registered office
- Spitaalstraat 93, 8790 Waregem
- Names & denominations
- ELEMEC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 March 2007
- Peppol
- Active · Active since 12 Dec 2025
- Activities · NACE
Algemene elektrotechnische installatiewerken
Elektrische installatie