What is the address of ELSTER?

The registered office of ELSTER is located at Rijkmakerlaan 9, 2910 Essen.

Is ELSTER still active?

Yes. According to the CBE (29 October 2026) ELSTER is active, legal situation “Normale toestand”, started on 9 February 1970.

Is ELSTER registered on Peppol?

Yes, ELSTER is registered on the Peppol network with ID 0208:0406973693.

What is the enterprise number of ELSTER?

The enterprise number of ELSTER is BE0406973693.

When was ELSTER founded?

ELSTER was founded on 9 February 1970.

Who are the directors of ELSTER?

According to the 2025 annual accounts, the directors of ELSTER are: Xavier Wanty, Elster-Instromet, Verhamme Ignace.

Is ELSTER a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 9 February 1970; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account; 2 establishments in the CBE.

How much profit did ELSTER make in 2025?

ELSTER posted a profit after taxes of € 471,184 in financial year 2025.

What is the revenue of ELSTER?

In its most recent annual accounts (2025), ELSTER reported revenue of € 6,810,251.

How much does an employee at ELSTER earn?

The average wage cost per full-time employee at ELSTER was € 90,200 in 2025: staff costs of € 1.1 million for 12.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does ELSTER have?

According to the 2025 annual accounts, ELSTER has 12.7 full-time equivalents (FTE).

Does ELSTER have a website?

Yes, ELSTER has a website at elster-instromet.com.

ELSTER (Public Limited) - Essen - BE0406973693

Q: What does ELSTER do?

ELSTER is registered with the CBE as active in: Vervaardiging van meet-, controle- en navigatie-instrumenten en -apparatuur. Public Limited, started on 9 February 1970, 2 establishments.

Dossier ELSTER, printed on 29 October 2026 from databakkes.be/en/0406973693/elster. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

ELSTER from Essen, company number BE0406973693, closed financial year 2025 with a result of € 471,184 after tax. For that financial year ELSTER recorded revenue of € 6.8 million and equity of € 12.4 million. Compared with financial year 2024, the result moved from € -279,029 to € 471,184. 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 27, 2026.

What it is worth Growing

€ 12.4 million

▲ 4% vs 2024

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

Profit Growing

€ 471,184

▲ still € 279,029 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 192,412

▲ 5% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 10.3 million.

People and assets in 2025

Full-time equivalents

12.7

▲ 0.3 vs 2024

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

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 573,815 in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 1.1 million

▼ 2% vs 2024

€ 90,200 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.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 2.8 million

▲ 52% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 191 days on average.

Taxes and wages

€ 184,236

▼ 35% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 6,770,097 Revenue 2022: € 6,770,097 First fiscal year in the series	€ 5,566,243 Revenue 2023: € 5,566,243 ▼ 18% vs 2022 (€ 6,770,097) Unfavourable step	€ 6,763,445 Revenue 2024: € 6,763,445 ▲ 22% vs 2023 (€ 5,566,243) Favourable step	€ 6,810,251 Revenue 2025: € 6,810,251 ▲ 1% vs 2024 (€ 6,763,445) Favourable step	▲ 1%
Profit after taxes	€ 509,606 Profit after taxes 2022: € 509,606 First fiscal year in the series	€ 433,851 Profit after taxes 2023: € 433,851 ▼ 15% vs 2022 (€ 509,606) Unfavourable step	€ -279,029 Profit after taxes 2024: € -279,029 ▼ € 712,879 vs 2023 (€ 433,851) Unfavourable step	€ 471,184 Profit after taxes 2025: € 471,184 ▲ € 750,212 vs 2024 (€ -279,029) Favourable step	▲ € 750,212
Equity	€ 11,797,846 Equity 2022: € 11,797,846 First fiscal year in the series	€ 12,231,697 Equity 2023: € 12,231,697 ▲ 4% vs 2022 (€ 11,797,846) Favourable step	€ 11,952,668 Equity 2024: € 11,952,668 ▼ 2% vs 2023 (€ 12,231,697) Unfavourable step	€ 12,423,852 Equity 2025: € 12,423,852 ▲ 4% vs 2024 (€ 11,952,668) Favourable step	▲ 4%
Total debts	€ 2,163,015 Total debts 2022: € 2,163,015 First fiscal year in the series	€ 1,438,426 Total debts 2023: € 1,438,426 ▼ 33% vs 2022 (€ 2,163,015) Favourable step	€ 2,550,829 Total debts 2024: € 2,550,829 ▲ 77% vs 2023 (€ 1,438,426) Unfavourable step	€ 3,341,196 Total debts 2025: € 3,341,196 ▲ 31% vs 2024 (€ 2,550,829) Unfavourable step	▲ 31%
Cash	€ 134,937 Cash 2022: € 134,937 First fiscal year in the series	€ 174,635 Cash 2023: € 174,635 ▲ 29% vs 2022 (€ 134,937) Favourable step	€ 182,889 Cash 2024: € 182,889 ▲ 5% vs 2023 (€ 174,635) Favourable step	€ 192,412 Cash 2025: € 192,412 ▲ 5% vs 2024 (€ 182,889) Favourable step	▲ 5%
Land & buildings	€ 186,237 Land & buildings 2022: € 186,237 First fiscal year in the series	€ 154,035 Land & buildings 2023: € 154,035 ▼ 17% vs 2022 (€ 186,237) Unchanged	€ 122,443 Land & buildings 2024: € 122,443 ▼ 21% vs 2023 (€ 154,035) Unchanged	€ 90,851 Land & buildings 2025: € 90,851 ▼ 26% vs 2024 (€ 122,443) Unchanged	▼ 26%
Retained profit	€ 9,709,928 Retained profit 2022: € 9,709,928 First fiscal year in the series	€ 10,143,779 Retained profit 2023: € 10,143,779 ▲ 4% vs 2022 (€ 9,709,928) Favourable step	€ 9,864,750 Retained profit 2024: € 9,864,750 ▼ 3% vs 2023 (€ 10,143,779) Unfavourable step	€ 10,335,934 Retained profit 2025: € 10,335,934 ▲ 5% vs 2024 (€ 9,864,750) Favourable step	▲ 5%
Balance sheet total	€ 13,960,861 Balance sheet total 2022: € 13,960,861 First fiscal year in the series	€ 13,670,123 Balance sheet total 2023: € 13,670,123 ▼ 2% vs 2022 (€ 13,960,861) Unchanged	€ 14,503,497 Balance sheet total 2024: € 14,503,497 ▲ 6% vs 2023 (€ 13,670,123) Unchanged	€ 15,765,048 Balance sheet total 2025: € 15,765,048 ▲ 9% vs 2024 (€ 14,503,497) Unchanged	▲ 9%
Employees (FTE)	13.8 Employees (FTE) 2022: 13.8 First fiscal year in the series	12.8 Employees (FTE) 2023: 12.8 ▼ 1 vs 2022 (13.8) Unchanged	12.4 Employees (FTE) 2024: 12.4 ▼ 0.4 vs 2023 (12.8) Unchanged	12.7 Employees (FTE) 2025: 12.7 ▲ 0.3 vs 2024 (12.4) Unchanged	▲ 0.3

Key figures of ELSTER, 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 ELSTER?

What happened at ELSTER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2030 Elster-Instromet stepped down as director. NBB
2028 Verhamme Ignace stepped down as director. NBB
2027 Xavier Wanty stepped down as director. NBB
Aug 27, 2026 New annual accounts for financial year 2025: profit of € 471,184. filed late Source: NBB ↗
2024 Elster-Instromet became a director. NBB
2023 Verhamme Ignace became a director. NBB
2022 Xavier Wanty became a director. NBB
Jul 15, 2009 New establishment in Grâce-Hollogne. KBO

In short

From € 509,606 profit in 2022 to € 471,184 profit in 2025.

Paid € 13,875 in corporate taxes since 2022.

Best year ever: 2022, with € 509,606 profit.

Pays suppliers within 191 days on average.

Original PDFs at the National Bank ↗

Management

Elster Holdings Netherlands 99.9%

Elster Instromet Invest 0%

Elster 0%

ELSTER

Elster-Instromet Services Saudi CO. Ltd 60%

Instromet Polska SP Z.O.O 10%

The shares are held by Elster Holdings Netherlands (99.9%), Elster Instromet Invest (0%) and Elster (0%). It owns 60% of Elster-Instromet Services Saudi CO. Ltd and 10% of Instromet Polska SP Z.O.O itself.

Directors

According to the 2025 annual accounts

Xavier Wanty

Managing director

Also active at: ELSTER WATER METERING

since 2022 · until 2027

Elster-Instromet

Director · represented by Kouw Adrianus Jacobus Gerardus

Also active at: ELSTER-INSTROMET INVEST

since 2024 · until 2030

Verhamme Ignace

Director

Also active at: Honeywell, ELSTER WATER METERING

since 2023 · until 2028

Shareholders

Elster Holdings Netherlands

99.9%

Elster Instromet Invest

Elster

Participations

Elster-Instromet Services Saudi CO. Ltd

60%

Instromet Polska SP Z.O.O

10%

Establishments

Establishment units

Physical locations of this company

Registered office

Rijkmakerlaan 9

2910 Essen

2.183.115.553

Aéroport de Liège bat 50

4460 Grâce-Hollogne

Active since 15 July 2009

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

ELSTER-INSTROMET INVEST same network

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

Website

HTTPS elster-instromet.com

Canonical: https://process.honeywell.com/us/en/site/elster-instromet

About

Technologies

Adobe Experience ManagerAdobe LaunchOneTrustSalesforceSlickSquarespaceW3 Total Cache

Certifications & Partners

VCAVCA-PSOC 2

Hosting & Email

Hosting

MICROSOFT-CORP-MSN-AS-BLOCK - Microsoft Corporation, US

DNS

Cloudflare DNS

Domain

elster-instromet.com

Registered

2004-11-01

Registrar

MarkMonitor Inc.

Expires

2027-11-01

Website info

HTTPS Ja

Languages EN

Features

Webshop Blog Contact page

Security

✓ HTTPS

✓ SPF

✗ DMARC

Details

Company number

0406.973.693

VAT number

BE 0406.973.693

Registered office

Rijkmakerlaan 9, 2910 Essen

Names & denominations

ELSTER

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

9 February 1970

Peppol

Active · Active since 12 Nov 2025

Contact

elster-instromet.com

Activities · NACE

Vervaardiging van meet-, controle- en navigatie-instrumenten en -apparatuur

Vervaardiging van niet-elektrische meet-, regel- en controleapparatuur en van niet-elektrische navigatieapparatuur

Vervaardiging van elektrische meet-, regel- en controleapparatuur en van elektrische navigatieapparatuur

View on CBE Public ↗ Annual accounts (NBB) ↗

ELSTER

Financials

What happened to ELSTER?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Website

Technologies

Certifications & Partners

Hosting & Email

Domain

Website info

Features

Security

Details

Frequently asked questions