Financials
Financial year 2025
M-ELEC from Charleroi, company number BE1017235337, closed financial year 2025 with a result of € 30,702 after tax. For that financial year M-ELEC recorded a gross margin of € 42,028 and equity of € 32,573. Compared with financial year 2024, the result moved from € -1,129 to € 30,702. 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.
€ 32,573
▲ € 30,702 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 30,702
▲ still € 1,129 loss in 2024
Profit after tax over the fiscal year.
€ 4,493
▲ 50% 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 € 29,573.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 743
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
€ 4,885
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 12,602
€ 9,889 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 4,726
▼ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 958
▲ € 956 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € -1,129 | € 42,028 | ▲ € 43,157 |
| Profit after taxes | € -1,129 | € 30,702 | ▲ € 31,831 |
| Equity | € 1,871 | € 32,573 | ▲ € 30,702 |
| Total debts | € 5,437 | € 18,286 | ▲ 236% |
| Cash | € 3,000 | € 4,493 | ▲ 50% |
| Retained profit | € -1,129 | € 29,573 | ▲ € 30,702 |
| Bank debt | € 0 | € 12,602 | |
| Balance sheet total | € 7,307 | € 50,858 | ▲ € 43,551 |
Key figures of M-ELEC, 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 M-ELEC?
What happened at M-ELEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 30,702. filed late Source: NBB ↗
- New establishment in Charleroi. KBO
- Michaël Merkeman became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1,129 loss in 2024 to € 30,702 profit in 2025.
Paid € 7,800 in corporate taxes since 2024.
Best year ever: 2025, with € 30,702 profit.
Management
Behind M-ELEC is Michaël Merkeman.
Directors
According to the 2025 annual accounts
Michaël Merkeman
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Rue Sart-les-Moulins 33
6044 Charleroi
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1017.235.337
- VAT number
- BE 1017.235.337
- Registered office
- Rue Sart-les-Moulins 33, 6044 Charleroi
- Names & denominations
- M-ELEC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 December 2024
- Peppol
- Active · Active since 13 Jan 2026
- Activities · NACE
Algemene elektrotechnische installatiewerken
Installatie van industriële machines, toestellen en werktuigen
Algemene bouw van residentiële gebouwen