Financials
Financial year 2025
Elektriciteitswerken Faes from Balen, company number BE1002206374, closed financial year 2025 with a result of € 57,651 after tax. For that financial year Elektriciteitswerken Faes recorded a gross margin of € 79,208 and equity of € 101,978. Compared with financial year 2024, the result moved from € 29,326 to € 57,651. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.
€ 101,978
▲ 130% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 57,651
▲ 97% vs 2024
Profit after tax over the fiscal year.
€ 5,584
▼ 78% 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 € 86,978.
People and assets in 2025
€ 35,794
▲ € 28,286 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 314,812
€ 20,113 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 908
▼ 92% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,476
▼ 13% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 45,657 | € 79,208 | ▲ 73% |
| Profit after taxes | € 29,326 | € 57,651 | ▲ 97% |
| Equity | € 44,326 | € 101,978 | ▲ 130% |
| Total debts | € 29,913 | € 416,381 | ▲ € 386,468 |
| Cash | € 25,677 | € 5,584 | ▼ 78% |
| Land & buildings | - | € 356,771 | |
| Retained profit | € 29,326 | € 86,978 | ▲ 197% |
| Bank debt | € 0 | € 314,812 | |
| Balance sheet total | € 74,239 | € 518,358 | ▲ € 444,119 |
Key figures of Elektriciteitswerken Faes, fiscal years 2024 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 Elektriciteitswerken Faes?
What happened at Elektriciteitswerken Faes in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 57,651 (▲ 97% vs 2024). Source: NBB ↗
- New establishment in Balen. KBO
- Nicholas Faes became a director. NBB
- Matthias Faes became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 29,326 profit in 2024 to € 57,651 profit in 2025.
Paid € 12,878 in corporate taxes since 2024.
Best year ever: 2025, with € 57,651 profit.
A new publication or filing at Elektriciteitswerken Faes? We notify you, reason included.
Follow Elektriciteitswerken FaesDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Elektriciteitswerken Faes are Nicholas Faes and Matthias Faes.
Directors
According to the 2025 annual accounts
Nicholas Faes
Director
since 2023
Matthias Faes
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Schoor 68
2490 Balen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1002.206.374
- VAT number
- BE 1002.206.374
- Registered office
- Schoor 68, 2490 Balen
- Names & denominations
- Elektriciteitswerken Faes
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 November 2023
- Peppol
- Active · Active since 11 Jul 2024
- Activities · NACE
Algemene elektrotechnische installatiewerken
Bandenservicebedrijven
Installatie van industriële machines, toestellen en werktuigen
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Handel in eigen onroerend goed
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)