Financials
Financial year 2025
M-ELEC from Zaventem, 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.
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| 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 Zaventem. 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.
A new publication or filing at M-ELEC? We notify you, reason included.
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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
Directors
According to the 2025 annual accounts
Michaël Merkeman
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Excelsiorlaan 36
1930 Zaventem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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.
Details
- Company number
- 1017.235.337
- VAT number
- BE 1017.235.337
- Registered office
- Excelsiorlaan 36, 1930 Zaventem
- 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