Active · per the CBE, 28 September 2026

EL.G.B. - West-Vlaanderen

BE0405110897

Rechtspersoon Private limited company 6 establishments

EL.G.B. - West-Vlaanderen is a wholesaler in Brugge. Private Limited, started on 1 January 1968, 6 establishments.

Pathoekeweg 9 box K010, 8000 Brugge

Behind the company: S2.KG VOF, Maron CommV, De Wijnkoeler BV.

Active for

58 year, 8 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Busy address KBO

    13 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

EL.G.B. - West-Vlaanderen from Brugge, company number BE0405110897, closed financial year 2025 with a result of € 108,915 after tax. For that financial year EL.G.B. - West-Vlaanderen recorded a gross margin of € 1 million and equity of € 3.1 million. Compared with financial year 2024, the result moved from € 238,990 to € 108,915. The company is profitable. 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 September 2, 2026.

What it is worth Growing

€ 3.1 million

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 108,915

▼ 54% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 481,423

▼ 7% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 100,003 paid out

92 % of the profit went to the shareholders, mostly to EL.G.B. Holding (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

14.5

▲ 0.2 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 821,035

▲ 5% vs 2024

€ 56,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 54,005

▼ 36% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 6 years to go

€ 156,381

▼ 14% vs 2024

€ 25,086 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.

Owed to suppliers

€ 264,405

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 218,740

▲ 48% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 1,460,113 € 1,611,517 € 1,153,283 € 1,003,269 ▼ 13%
Profit after taxes € 475,791 € 505,109 € 238,990 € 108,915 ▼ 54%
Equity € 2,553,498 € 2,958,605 € 3,097,593 € 3,106,505
Total debts € 1,650,491 € 1,501,151 € 1,053,662 € 802,701 ▼ 24%
Cash € 233,407 € 671,221 € 518,308 € 481,423 ▼ 7%
Land & buildings € 462,186 € 436,770 € 411,354 € 385,937 ▼ 6%
Retained profit € 2,153,498 € 2,558,605 € 2,697,593 € 2,706,505
Dividend € 100,003 € 100,003 € 100,003 € 100,003
Bank debt € 230,217 € 205,840 € 181,228 € 156,381 ▼ 14%
Balance sheet total € 4,203,989 € 4,459,756 € 4,151,255 € 3,909,206 ▼ 6%
Employees (FTE) 16.8 16.6 14.3 14.5 ▲ 0.2

Key figures of EL.G.B. - West-Vlaanderen, fiscal years 2022 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 EL.G.B. - West-Vlaanderen?

What happened at EL.G.B. - West-Vlaanderen in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 108,915 (▼ 54% vs 2024). filed late Source: NBB ↗
  • New establishment in Ieper. KBO
  • New establishment in Eeklo. KBO
  • New establishment in Torhout. KBO
  • New establishment in Oostende. KBO
  • New establishment in Veurne. KBO
  • Start of the company according to the CBE. KBO
  • New establishment in Brugge. KBO

In short

From € 475,791 profit in 2022 to € 108,915 profit in 2025.

Paid € 450,569 in corporate taxes since 2022.

Best year ever: 2023, with € 505,109 profit.

On average € 69,200 of value added per employee in 2025.

Management

The stake of EL.G.B. Holding comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

EL.G.B. - West-Vlaanderen

Behind EL.G.B. - West-Vlaanderen are S2.KG VOF, Maron CommV and De Wijnkoeler BV. The shares are held by EL.G.B. Holding (100%).

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Directors

According to the 2025 annual accounts

S2.KG VOF

Director · represented by Stefaan Vermeulen

Also active at: EL.G.B. Holding

Maron CommV

Director · represented by Peter Casselman

Also active at: EL.G.B. Holding

De Wijnkoeler BV

Director · represented by Willem Legein

Also active at: EL.G.B. Holding

Shareholders

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Pathoekeweg 9 box K010

8000 Brugge

2.004.822.526

Torhoutsesteenweg 677

8400 Oostende

Active since 15 December 1997

2.004.822.724

Albert I laan 40

8630 Veurne

Active since 10 June 1991

2.277.913.851

Tieltsesteenweg 203

9900 Eeklo

Active since 1 November 2017

2.277.913.950

Noordlaan 17

8820 Torhout

Active since 1 November 2017

2.335.066.350

Paddevijverstraat 57

8900 Ieper

Active since 15 July 2022

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0405.110.897
VAT number
BE 0405.110.897
Registered office
Pathoekeweg 9 bus K010, 8000 Brugge
Names & denominations
EL.G.B. - West-Vlaanderen
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
1 January 1968
Peppol
Active · Active since 27 Mar 2026
Activities · NACE

Groothandel in elektrische huishoudelijke apparaten en audio- en videoapparatuur

Frequently asked questions

What does EL.G.B. - West-Vlaanderen do?
EL.G.B. - West-Vlaanderen is a wholesaler in Brugge. Private Limited, started on 1 January 1968, 6 establishments.
What is the address of EL.G.B. - West-Vlaanderen?
The registered office of EL.G.B. - West-Vlaanderen is located at Pathoekeweg 9 box K010, 8000 Brugge.
Is EL.G.B. - West-Vlaanderen still active?
Yes. According to the CBE (28 September 2026) EL.G.B. - West-Vlaanderen is active, legal situation “Normale toestand”, started on 1 January 1968.
Is EL.G.B. - West-Vlaanderen registered on Peppol?
Yes, EL.G.B. - West-Vlaanderen is registered on the Peppol network with ID 0208:0405110897.
What is the enterprise number of EL.G.B. - West-Vlaanderen?
The enterprise number of EL.G.B. - West-Vlaanderen is BE0405110897.
When was EL.G.B. - West-Vlaanderen founded?
EL.G.B. - West-Vlaanderen was founded on 1 January 1968.