About Expelec

Expelec is a public limited company (NV/SA) based in Waterloo, founded in 1989. Its main activity is classified as "Groothandel in elektrisch materiaal, inclusief installatiemateriaal". For the 2025 financial year, Expelec reported a loss of €2,019. The loss is larger than in 2024, when it was €1,467. Revenue was not published, which is common for abbreviated accounts. The gross margin came to €12,946, down 32% on 2024. Equity stands at €83,696, a solvency ratio of 31%. In 2006 it was €112,553. 20 annual accounts are available, covering 2006 to 2025.

Juridical situation
Normal situation
Company number
0437.087.938
Founding date
Founded on 23-03-1989
EUID number
BEKBOBCE.0437.087.938
Type of enterprise
Rechtspersoon
Location
Avenue Des Coquelicots 3 Waterloo 1410
Juridical form
NV — Public limited company (NV/SA)
Signals
Reporting losses
Low risk
Positive cashflow
Positive EBITDA

Financial ratios

Profit
€ -2K
Decreased by 38%
Equity
€ 84K
Decreased by 2%
Gross margin
€ 13K
Decreased by 32%
Health
Solvability > 25%
31.1%
Liquidity > 1.0
1.41
Profitability > 0%
-2.4%
2025
2024
2023
2022
Gross margin
€ 13K
€ 19K
€ 57K
€ 28K
EBITDA
€ 12K
€ 18K
€ 56K
€ -986
Profit
€ -2K
€ -1K
€ 28K
€ -16K
Equity
€ 84K
€ 86K
€ 87K
€ 59K
Solvability
31.12%
31.06%
30.62%
21.34%
Debt
€ 185K
€ 190K
€ 198K
€ 219K
Cash
€ 14K
€ 3K
€ 20K
€ 25K

Publications 39

All publications

Frequently asked questions

Answers to the most common questions about Expelec, based on official government data and the filed annual accounts.

What is the VAT number of Expelec?

The VAT number of Expelec is BE0437.087.938.

When was Expelec established?

Expelec was founded in 23-03-1989.

What is the official address of Expelec?

The official address of Expelec is Avenue Des Coquelicots 3 Waterloo 1410.

What is the legal form of Expelec?

The juridical form of Expelec is Public limited company (NV/SA).

What is the annual revenue of Expelec?

The 2025 accounts of Expelec do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.

Is Expelec a reliable company?

Expelec is a registered Rechtspersoon with company number 0437.087.938 and can be verified through the official CBE database.

What is the credit limit of Expelec?

The estimated credit limit of Expelec is €12,306.

Is Expelec still active?

Expelec currently has the status "Normal situation" and is active.

Further reading

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Sources