ELECTRO

Active Public limited companyfounded 1974active for 51 yearsRue Derrière la Vaulx 43-45, 4960 MalmedyKBO/BCE: BE 0414.722.807 #3 oldest company in Malmedy, Wholesale and retail trade sector

ELECTRO

Financial year 2025

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Annual accounts 2025

full format, filed on 25-08-2026, 25 days late

€289,418

▲ 16.5%

€16,539

▲ €28,419

€4,653

▲ €28,142

-€163,858

▲ €33,812

0.7%

▲ 0.7 percentage points

0.69

▼ 0.07

The turnover shown is an estimate from the gross margin.

Turnover ≈ €1.5m. Estimated: probably between €960,000 and €2.3m.

In the rankings #3 oldest company in Malmedy, Wholesale and retail trade sector

Balance sheet

balance sheet total €692,739 on 31-12-2025

What the company ownsHow it is paid for

in euro

Position in the sector

Compare with sector

0.7%

Higher than 13% of 5,070 companies in 2025.

0.69

Higher than 13% of 4,996 companies in 2025.

0.7%

Higher than 34% of 5,039 companies in 2025.

ELECTRO Middle half of the sector 80% of the sector Full accounts in retail trade (NACE 47)

Net result: middle half · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter · Staff: middle half

Staff

€45,474

Staff costs divided by the average number of full-time equivalents.

+2 people

people who joined people who left

In 2025, 4 people joined and 2 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
`20/58`	692,739	1.0m	891,155	911,139	818,815	896,875	818,359	315,769	353,457	365,853	329,114	303,499	298,427	448,640	449,761	408,481	359,800	424,799	389,714	385,823
`21/28`	322,247	399,191	479,951	448,680	440,360	484,569	485,571	14,754	7,575	14,262	23,944	35,974	46,950	64,748	53,470	52,554	69,844	56,859	74,063	90,936
`21`	3,075	4,273	5,471	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`22/27`	316,283	392,028	471,455	445,656	437,336	481,544	483,571	12,754	5,575	12,262	21,944	33,974	44,950	62,748	51,470	50,554	67,844	54,859	72,063	88,936
`22`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15,219	25,212	37,645	50,079	62,513	74,947
`23`	297,080	361,841	426,344	418,145	395,248	423,780	453,302	10,811	-	-	-	-	-	-	-	-	-	-	-	-
`24`	19,203	30,187	45,111	27,511	42,088	57,765	30,269	1,942	5,575	12,262	21,944	33,974	44,950	57,263	36,252	25,342	30,199	-	-	-
`26`	-	-	-	-	-	-	-	-	-	-	-	-	-	5,485	-	-	-	-	-	-
`28`	2,889	2,889	3,024	3,024	3,024	3,024	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000
`29/58`	370,491	621,963	411,204	462,459	378,455	412,307	332,788	301,016	345,882	351,591	305,171	267,524	251,477	383,892	396,291	355,927	289,956	367,940	315,651	294,887
`3`	347,268	406,365	343,931	307,027	272,153	249,544	248,964	102,076	154,321	139,028	148,777	156,623	143,873	149,810	134,158	144,534	128,967	143,677	139,868	140,221
`30/36`	347,268	406,365	343,931	307,027	272,153	249,544	248,964	102,076	154,321	139,028	148,777	156,623	143,873	149,810	134,158	144,534	128,967	143,677	139,868	140,221
`40/41`	22,617	215,276	59,954	145,773	72,679	134,997	70,859	172,035	152,179	174,659	137,633	98,400	94,876	224,525	211,673	183,315	128,333	177,441	103,765	128,055
`40`	22,272	210,370	57,099	145,440	72,350	134,743	38,321	89,752	9,944	103,593	113,854	20,162	35,412	142,293	33,918	11,391	18,630	4,981	41,237	24,857
`41`	345	4,906	2,855	333	330	254	32,539	82,283	142,235	71,065	23,778	78,238	59,464	82,232	177,755	171,923	109,703	172,459	62,528	103,197
`54/58`	606	222	669	9,659	33,623	27,766	12,964	26,905	39,362	37,872	18,761	12,502	12,729	9,556	50,460	28,078	32,656	46,823	72,018	26,611
`490/1`	-	100	6,650	-	-	-	-	-	19	32	-	-	-	-	-	-	-	-	-	-
Balance sheet: equity and liabilities
`10/49`	692,739	1.0m	891,155	911,139	818,815	896,875	818,359	315,769	353,457	365,853	329,114	303,499	298,427	448,640	449,761	408,481	359,800	424,799	389,714	385,823
`10/15`	4,647	-6	23,483	36,123	51,745	49,270	75,698	200,480	180,315	175,377	166,701	159,357	161,355	180,947	216,902	210,012	202,526	196,667	192,486	180,930
`10/11`	162,000	162,000	162,000	162,000	162,000	162,000	112,000	112,000	112,000	112,000	112,000	112,000	112,000	112,000	112,000	112,000	112,000	112,000	112,000	112,000
`10`	162,000	162,000	162,000	162,000	162,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`100`	162,000	162,000	162,000	162,000	162,000	162,000	162,000	162,000	162,000	162,000	162,000	162,000	162,000	162,000	162,000	162,000	162,000	162,000	162,000	162,000
`101`	-	-	-	-	-	-	50,000	50,000	50,000	50,000	50,000	50,000	50,000	50,000	50,000	50,000	50,000	50,000	50,000	50,000
`13`	12,076	12,076	12,076	12,076	12,076	12,076	24,942	24,942	23,842	23,592	23,142	22,742	22,742	22,742	22,742	22,742	22,742	22,742	22,742	22,742
`130/1`	10,300	10,300	10,300	10,300	10,300	10,300	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`130`	10,300	10,300	10,300	10,300	10,300	10,300	10,300	10,300	9,200	8,950	8,500	8,100	8,100	8,100	8,100	7,027	7,027	7,027	7,027	7,027
`132`	-	-	-	-	-	-	12,866	12,866	12,866	12,866	12,866	12,866	12,866	12,866	12,866	12,866	12,866	12,866	12,866	12,866
`133`	1,776	1,776	1,776	1,776	1,776	1,776	1,776	1,776	1,776	1,776	1,776	1,776	1,776	1,776	1,776	2,849	2,849	2,849	2,849	2,849
`14`	-169,428	-174,082	-150,593	-137,953	-122,331	-124,806	-61,243	63,539	44,473	39,786	31,559	24,615	26,614	46,205	82,160	75,271	67,784	61,925	57,744	46,188
`16`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,650	4,000
`160/5`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,650	4,000
`17/49`	688,091	1.0m	867,672	875,016	767,070	847,605	742,660	115,289	173,142	190,475	162,414	144,142	137,072	267,694	232,860	198,469	157,274	228,132	195,578	200,893
`17`	153,276	201,069	229,457	179,354	245,572	301,586	255,786	-	-	-	-	-	-	-	-	-	-	-	-	10,000
`170/4`	153,276	201,069	229,457	179,354	245,572	301,586	255,786	-	-	-	-	-	-	-	-	-	-	-	-	10,000
`42/48`	534,349	819,633	638,215	695,662	521,498	546,019	486,875	115,289	173,142	190,131	162,367	144,142	137,072	267,694	232,860	198,469	157,274	157,700	109,990	169,433
`42`	47,793	75,888	96,437	81,379	82,856	90,066	58,324	-	-	-	-	-	-	-	8,391	-	-	-	-	21,119
`43`	44,677	36,798	16,452	-	-	-	17,582	-	-	-	-	-	-	-	3,922	-	-	3,310	10,000	-
`430/8`	44,677	36,798	16,452	-	-	-	17,582	-	-	-	-	-	-	-	3,922	-	-	3,310	10,000	-
`44`	154,478	457,115	221,528	165,313	124,080	187,846	258,356	15,750	54,435	31,695	28,892	37,936	20,196	100,322	71,709	47,400	45,777	103,932	55,341	64,533
`440/4`	154,478	457,115	221,528	165,313	124,080	187,846	258,356	15,750	54,435	31,695	28,892	37,936	20,196	100,322	71,709	47,400	45,777	103,932	55,341	64,533
`46`	-	-	-	-	-	-	-	54,496	69,337	86,623	60,651	44,265	57,985	68,881	103,296	101,306	56,976	8,300	2,990	47,799
`45`	146,327	98,026	110,524	99,339	48,536	57,030	23,748	45,043	49,370	71,814	72,823	61,941	58,891	98,491	45,542	49,763	54,521	42,159	41,659	35,983
`450/3`	111,152	66,523	80,071	57,478	21,282	19,360	1,845	18,461	3,670	29,121	32,680	16,905	16,979	33,770	7,788	14,764	16,081	3,186	16,589	8,642
`454/9`	35,174	31,503	30,454	41,861	27,255	37,670	21,903	26,582	45,700	42,693	40,144	45,036	41,912	64,721	37,754	34,999	38,440	38,972	25,070	27,341
`47/48`	141,075	151,807	193,274	349,632	266,027	211,078	128,865	-	-	-	-	-	-	-	-	-	-	-	-	-
`492/3`	466	458	-	-	-	-	-	-	-	344	47	-	-	-	-	-	-	70,433	85,588	21,460
Income statement
`76A`	79,637	11,962	11,657	9,425	11,533	18,130	5,548	8,421	-	-	7,725	7,622	15,639	5,370	-	100	-	-	22,399	2,757
`9900`	289,418	248,493	255,190	295,460	248,089	163,104	12,011	239,606	226,447	254,367	240,103	254,769	294,673	290,667	216,693	226,586	220,807	208,296	135,416	195,011
`62`	186,442	169,862	173,487	234,816	170,927	169,551	117,771	219,181	232,848	247,861	233,603	259,180	319,629	318,920	208,011	211,671	208,147	192,827	129,101	167,837
`630`	84,515	87,988	92,170	80,448	75,021	67,335	25,583	6,191	8,205	9,682	12,031	12,759	17,798	22,046	16,283	17,290	14,732	17,204	17,204	17,372
`640/8`	1,922	2,523	1,766	2,385	2,337	1,945	2,103	1,905	1,932	2,099	1,922	2,372	2,260	2,285	2,176	1,684	2,067	7,480	7,701	3,867
`66A`	-	-	-	-	-	-	-	-	-	-	-	-	12	-	-	-	-	-	-	-
`9901`	16,539	-11,880	-12,233	-22,190	-195	-75,727	-133,446	12,329	-16,538	-5,275	-7,452	-19,542	-45,014	-52,584	-9,777	-4,059	-4,139	-9,215	-18,591	5,935
`75/76B`	9,262	8,112	10,388	12,079	9,520	7,661	10,430	8,302	22,006	14,404	7,622	10,682	9,834	12,218	17,165	11,999	10,505	15,104	10,395	10,476
`75`	9,262	8,112	10,388	12,079	9,520	7,661	10,430	8,302	14,769	9,756	7,622	10,682	9,834	12,218	17,165	11,999	10,505	15,104	10,395	10,476
`76B`	-	-	-	-	-	-	-	-	7,237	4,648	-	-	-	-	-	-	-	-	-	-
`65/66B`	21,148	19,721	10,795	5,511	6,851	6,858	1,597	160	183	307	406	615	303	552	499	554	507	1,708	2,647	2,576
`65`	21,148	19,721	10,795	5,511	6,851	6,858	1,597	160	183	307	406	615	303	552	499	554	507	1,708	2,647	2,576
`9903`	4,653	-23,489	-12,640	-15,622	2,475	-74,925	-124,612	20,472	5,286	8,822	7,488	-1,854	-19,857	-35,547	6,889	7,486	5,859	4,181	11,556	16,593
`67/77`	-	-	-	-	-	1,504	169	307	348	146	144	144	-266	408	-	-	-	-	-	-
`9904`	4,653	-23,489	-12,640	-15,622	2,475	-76,428	-124,782	20,165	4,938	8,677	7,344	-1,999	-19,591	-35,955	6,889	7,486	5,859	4,181	11,556	16,593
`789`	-	-	-	-	-	12,866	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`9905`	4,653	-23,489	-12,640	-15,622	2,475	-63,562	-124,782	20,165	4,938	8,677	7,344	-1,999	-19,591	-35,955	6,889	7,486	5,859	4,181	11,556	16,593
Appropriation of the result
`9906`	-169,428	-174,082	-150,593	-137,953	-122,331	-124,806	-61,243	64,639	44,723	40,236	31,959	24,615	26,614	46,205	82,160	75,271	67,784	61,925	57,744	47,018
`14P`	-174,082	-150,593	-137,953	-122,331	-124,806	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`791/2`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,073	-	-	-	-	-
`691/2`	-	-	-	-	-	-	-	1,100	250	450	400	-	-	-	1,073	-	-	-	-	830
`6920`	-	-	-	-	-	-	-	1,100	250	450	400	-	-	-	-	-	-	-	-	830
`6921`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,073	-	-	-	-	-
Social balance sheet
`9087`	4.1	3.8	3.3	4.6	4.2	5.1	3.9	4.6	5.3	6.2	6	6.8	7	7.1	5.5	5.7	6.2	4.9	3.1	3.6
Hours worked`1013`	6,520	6,160	5,278	7,281	5,671	6,414	4,785	7,178	8,277	9,979	9,762	11,178	11,032	11,736	8,966	10,404	9,473	8,726	6,259	7,080
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for 29 older financial years (1977-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 12 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 25-08-2026.

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Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 25 days after the deadline. Filed on 25 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00423156.

Financial year	Type	Filed	Reference	Document
31-12-2025	full format	25-08-2026	2026-00423156	PDF
31-12-2024	full format	22-08-2025	2025-00394608	PDF
31-12-2023	full format	28-08-2024	2024-00396962	PDF
31-12-2022	full format	28-08-2023	2023-00431218	PDF
31-12-2021	micro format	29-08-2022	2022-20337300	PDF
31-12-2020	micro format	26-08-2021	2021-54000035	PDF
31-12-2019	micro format	28-09-2020	2020-56100175	PDF
31-12-2018	micro format	20-08-2019	2019-48000462	PDF
31-12-2017	micro format	22-08-2018	2018-49000005	PDF
31-12-2016	micro format	04-08-2017	2017-41500523	PDF
31-12-2015	full format	09-08-2016	2016-41300531	PDF
31-12-2014	full format	07-08-2015	2015-40900096	PDF
31-12-2013	full format	21-08-2014	2014-45300221	PDF
31-12-2012	full format	18-07-2013	2013-32100565	PDF
31-12-2011	full format	24-07-2012	2012-33800007	PDF
31-12-2010	full format	12-07-2011	2011-29000565	PDF
31-12-2009	full format	23-06-2010	2010-21900309	PDF
31-12-2008	full format	02-06-2009	2009-18000346	PDF
31-12-2007	full format	23-07-2008	2008-45800062	PDF
31-12-2006	full format	31-05-2007	2007-17800060	PDF
31-12-2005	full format	05-07-2006	2006-41502172	PDF
31-12-2004	full format	30-06-2005	2005-39604376	PDF
31-12-2003	full format	26-07-2004	2004-51102373	PDF
31-12-2002	full format	20-05-2003	2003-15502878	PDF
31-12-2001	full format	09-07-2002	2002-35803479	PDF
31-12-2000	full format	03-07-2001	2001-33000739	PDF
31-12-1999	full format	04-07-2000	2000-37001322	PDF
31-12-1998	full format	14-06-1999	1999-18002207	PDF
31-12-1997	full format	04-06-1998	1998-13800328	PDF
31-12-1996	full format	04-06-1997	1997-12100432	PDF
31-12-1995	full format	04-06-1996	1996-12600703	PDF
31-12-1994	full format	03-07-1995	1995-35400255	PDF
31-12-1993	full format	01-09-1994	1994-38200849	PDF
31-12-1992	full format	07-09-1993	1993-35000957	PDF
31-12-1991	full format	06-11-1992	1992-37404090	PDF
31-12-1990	full format	06-11-1991	1991-30102937	PDF
31-12-1989	full format	22-01-1991	1991-01002099	PDF
31-12-1988	full format	20-06-1990	1990-10504241	PDF
31-12-1987	full format	02-12-1988	1988-24102213	PDF
31-12-1986	full format	14-12-1987	1987-25602163	PDF
31-12-1985	full format	30-09-1986	1986-40200021	PDF
31-12-1984	full format	06-08-1985	1985-29600095	PDF
31-12-1983	unclassified schema	12-04-1984	1984-01700761	PDF
31-12-1982	unclassified schema	19-05-1983	1983-03102134	PDF
31-12-1981	unclassified schema	27-08-1982	1982-11300758	PDF
31-12-1980	unclassified schema	21-09-1981	1981-11302004	PDF
31-12-1979	unclassified schema	26-06-1980	1980-06701099	PDF
31-12-1978	unclassified schema	19-07-1979	1979-09102314	PDF
31-12-1977	unclassified schema	09-06-1978	1978-02402037	PDF

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
101,054	76,108	79,937	58,259	74,826	-8,392	-107,862	18,520	-8,333	4,407	4,578	-6,784	-27,216	-30,538	6,507	13,231	10,593	7,990	-1,386	23,307
89,169	64,499	79,530	64,827	77,495	-9,093	-99,198	26,356	13,143	18,358	19,375	10,760	-1,793	-13,909	23,173	24,776	20,591	21,386	28,760	33,965
7,572	7,363	131,938	88,768	30,812	66,334	497,311	13,369	1,518	0	0	1,783	0	33,324	17,200	0	32,387	0	332	-
384	-447	-8,990	-23,964	5,857	14,802	-13,941	-12,458	1,491	19,111	6,259	-227	3,172	-40,903	22,382	-4,578	-14,167	-25,195	45,407	-
-163,858	-197,670	-227,011	-233,203	-143,043	-133,713	-154,087	185,727	172,740	161,459	142,804	123,382	114,405	116,198	163,431	157,459	132,682	210,241	205,661	125,454
0.7%	0.0%	2.6%	4.0%	6.3%	5.5%	9.3%	63.5%	51.0%	47.9%	50.7%	52.5%	54.1%	40.3%	48.2%	51.4%	56.3%	46.3%	49.4%	46.9%
0.69	0.76	0.64	0.66	0.73	0.76	0.68	2.61	2.00	1.85	1.88	1.86	1.83	1.43	1.70	1.79	1.84	2.33	2.87	1.74
0.04	0.26	0.11	0.22	0.20	0.30	0.17	1.73	1.11	1.12	0.96	0.77	0.79	0.87	1.13	1.07	1.02	1.42	1.60	0.91
-	-	36.95	24.22	14.82	17.20	9.81	0.58	0.96	1.09	0.97	0.90	0.85	1.48	1.07	0.95	0.78	1.16	1.02	1.11
100.1%	-	-53.8%	-43.2%	4.8%	-155.1%	-164.8%	10.1%	2.7%	4.9%	4.4%	-1.3%	-12.1%	-19.9%	3.2%	3.6%	2.9%	2.1%	6.0%	9.2%
0.7%	-2.3%	-1.4%	-1.7%	0.3%	-8.5%	-15.2%	6.4%	1.4%	2.4%	2.2%	-0.7%	-6.6%	-8.0%	1.5%	1.8%	1.6%	1.0%	3.0%	4.3%
4.78	3.86	7.41	10.57	10.92	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

EBIT margin: not included in this filing.

A ratio outside any meaningful range has been withheld (balance sheet total €692,739, equity €4,647).

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item	31-12-2025	31-12-2024	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	7	5	4	5	6
full-time	5	3	2	3	3
part-time	2	2	2	2	3
in full-time equivalents	5.8	3.8	2.8	3.8	4
	4.1	3.8	3.3	4.6	4.2
On a permanent contract	6	4	4	5	5
Joined	4	1	1	2	4
Left	2	0	2	3	4

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€7,572	€7,363	€125,948	€88,768	€30,812
Intangible fixed assets	-	-	€5,990	-	-
	€84,515	€87,988	€92,170	€80,448	€75,021

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on ELECTRO

The operating result for 2025 is a profit of €16,539, after a loss of €11,880 in 2024. It is the highest result since 2006.

Debt's share of the balance-sheet total is 99.3%.

Next steps

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Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency0.7%

Current ratio0.69

Return on assets0.7%

Staff

Staff cost per FTE€45,474

Joined and left+2 people

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Investments

Insights on ELECTRO

Next steps

in euro

in euro

0.7%

0.69

0.7%

€45,474

+2 people