ELEX is an engineering firm in Sint-Truiden. Public Limited, started on 30 December 1980, 1 establishment.

What is the address of ELEX?

The registered office of ELEX is located at Tiensesteenweg 168 box c204, 3800 Sint-Truiden.

Is ELEX still active?

Yes. According to the CBE (29 October 2026) ELEX is active, legal situation “Normale toestand”, started on 30 December 1980.

Is ELEX registered on Peppol?

Yes, ELEX is registered on the Peppol network with ID 0208:0421226161.

What is the enterprise number of ELEX?

The enterprise number of ELEX is BE0421226161.

When was ELEX founded?

ELEX was founded on 30 December 1980.

Who are the directors of ELEX?

According to the 2025 annual accounts, the directors of ELEX are: LAURA DUCHATELET, RODERICK DUCHATELET, ROLAND DUCHATELET, LIEVEN DE TURCK, KATRIEN MEIRE.

Is ELEX a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 30 December 1980; 5 annual accounts filed, latest fiscal year 2025; 5 directors known from the annual account.

How much profit did ELEX make in 2025?

ELEX posted a profit after taxes of € 253,680,202 in financial year 2025.

How much does an employee at ELEX earn?

The average wage cost per full-time employee at ELEX was € 72,800 in 2025: staff costs of € 327,784 for 4.5 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does ELEX have?

According to the 2025 annual accounts, ELEX has 4.5 full-time equivalents (FTE).

ELEX (Public Limited) - Sint-Truiden - BE0421226161

Dossier ELEX, printed on 29 October 2026 from databakkes.be/en/0421226161/elex. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

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

Shrinking team NBB

FTE fell two years in a row, from 6.8 to 4.5.
Busy address KBO

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

Financials

Financial year 2025

ELEX from Sint-Truiden, company number BE0421226161, closed financial year 2025 with a result of € 253.7 million after tax. Compared with financial year 2024, the result moved from € -64.7 million to € 253.7 million. 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 June 18, 2026.

What it is worth Growing

€ 1.7 billion

▲ 17% vs 2024

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

Profit Growing

€ 253.7 million

▲ still € 64.7 million loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 120.7 million

▼ 40% 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 € 1.6 billion.

People and assets in 2025

Full-time equivalents

4.5

▼ 0.9 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: € 1.7 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 327,784

▼ 3% vs 2024

€ 72,800 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

€ 260

▼ 94% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 5 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 111.7 million

▼ 42% vs 2024

€ 5.7 million is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 133,538

▲ 76% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 19 days on average.

Taxes and wages

€ 5.5 million

▼ 65% 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	€ 9,100 Revenue 2022: € 9,100 First fiscal year in the series	-	-	-
Profit after taxes	€ 63,623,084 Profit after taxes 2022: € 63,623,084 First fiscal year in the series	€ 965,177,589 Profit after taxes 2023: € 965,177,589 ▲ € 901.6 million vs 2022 (€ 63,623,084) Favourable step	€ -64,710,219 Profit after taxes 2024: € -64,710,219 ▼ € 1 billion vs 2023 (€ 965,177,589) Unfavourable step	€ 253,680,202 Profit after taxes 2025: € 253,680,202 ▲ € 318.4 million vs 2024 (€ -64,710,219) Favourable step	▲ € 318.4 million
Equity	€ 582,539,136 Equity 2022: € 582,539,136 First fiscal year in the series	€ 1,547,716,725 Equity 2023: € 1,547,716,725 ▲ 166% vs 2022 (€ 582,539,136) Favourable step	€ 1,483,006,506 Equity 2024: € 1,483,006,506 ▼ 4% vs 2023 (€ 1,547,716,725) Unfavourable step	€ 1,736,686,708 Equity 2025: € 1,736,686,708 ▲ 17% vs 2024 (€ 1,483,006,506) Favourable step	▲ 17%
Total debts	€ 120,512,603 Total debts 2022: € 120,512,603 First fiscal year in the series	€ 216,867,482 Total debts 2023: € 216,867,482 ▲ 80% vs 2022 (€ 120,512,603) Unfavourable step	€ 452,890,648 Total debts 2024: € 452,890,648 ▲ 109% vs 2023 (€ 216,867,482) Unfavourable step	€ 308,682,268 Total debts 2025: € 308,682,268 ▼ 32% vs 2024 (€ 452,890,648) Favourable step	▼ 32%
Cash	€ 104,400,740 Cash 2022: € 104,400,740 First fiscal year in the series	€ 101,107,167 Cash 2023: € 101,107,167 ▼ 3% vs 2022 (€ 104,400,740) Unfavourable step	€ 200,091,296 Cash 2024: € 200,091,296 ▲ 98% vs 2023 (€ 101,107,167) Favourable step	€ 120,719,239 Cash 2025: € 120,719,239 ▼ 40% vs 2024 (€ 200,091,296) Unfavourable step	▼ 40%
Retained profit	€ 409,257,052 Retained profit 2022: € 409,257,052 First fiscal year in the series	€ 1,374,434,641 Retained profit 2023: € 1,374,434,641 ▲ 236% vs 2022 (€ 409,257,052) Favourable step	€ 1,309,724,423 Retained profit 2024: € 1,309,724,423 ▼ 5% vs 2023 (€ 1,374,434,641) Unfavourable step	€ 1,563,404,624 Retained profit 2025: € 1,563,404,624 ▲ 19% vs 2024 (€ 1,309,724,423) Favourable step	▲ 19%
Bank debt	€ 43,397,458 Bank debt 2022: € 43,397,458 First fiscal year in the series	€ 87,686,490 Bank debt 2023: € 87,686,490 ▲ 102% vs 2022 (€ 43,397,458) Unfavourable step	€ 193,534,812 Bank debt 2024: € 193,534,812 ▲ 121% vs 2023 (€ 87,686,490) Unfavourable step	€ 111,739,415 Bank debt 2025: € 111,739,415 ▼ 42% vs 2024 (€ 193,534,812) Favourable step	▼ 42%
Balance sheet total	€ 703,051,739 Balance sheet total 2022: € 703,051,739 First fiscal year in the series	€ 1,764,584,206 Balance sheet total 2023: € 1,764,584,206 ▲ 151% vs 2022 (€ 703,051,739) Unchanged	€ 1,935,897,154 Balance sheet total 2024: € 1,935,897,154 ▲ 10% vs 2023 (€ 1,764,584,206) Unchanged	€ 2,045,368,976 Balance sheet total 2025: € 2,045,368,976 ▲ 6% vs 2024 (€ 1,935,897,154) Unchanged	▲ 6%
Employees (FTE)	6.9 Employees (FTE) 2022: 6.9 First fiscal year in the series	6.8 Employees (FTE) 2023: 6.8 ▼ 0.1 vs 2022 (6.9) Unchanged	5.4 Employees (FTE) 2024: 5.4 ▼ 1.4 vs 2023 (6.8) Unchanged	4.5 Employees (FTE) 2025: 4.5 ▼ 0.9 vs 2024 (5.4) Unchanged	▼ 0.9

Key figures of ELEX, 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 ELEX?

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

2031 ROLAND DUCHATELET stepped down as director. NBB
2028 LAURA DUCHATELET stepped down as director. NBB
2028 LIEVEN DE TURCK stepped down as director. NBB
2028 KATRIEN MEIRE stepped down as director. NBB
Jun 18, 2026 New annual accounts for financial year 2025: profit of € 253.7 million. Source: NBB ↗
2025 RODERICK DUCHATELET stepped down as director. NBB
2025 RODERICK DUCHATELET became a director. NBB
2025 ROLAND DUCHATELET became a director. NBB

In short

From € 63.6 million profit in 2022 to € 253.7 million profit in 2025.

Paid € 29.5 million in corporate taxes since 2022.

Best year ever: 2023, with € 965.2 million profit.

Pays suppliers within 19 days on average.

Original PDFs at the National Bank ↗

Management

ELEX

XPEQTIS EOOD 100%

FREMACH INTERNATIONAL 100%

I2Coach NV 100%

Loctural SA 100%

It owns 100% of XPEQTIS EOOD, 100% of FREMACH INTERNATIONAL, 100% of I2Coach NV, 100% of Loctural SA, 100% of Stayen and 98% of Staprix NV itself.

Directors

According to the 2025 annual accounts

LAURA DUCHATELET

Director

since 2022 · until 2028

RODERICK DUCHATELET

Director

since 2025 · until 2025

ROLAND DUCHATELET

Director

Also active at: STAYEN, HOTEL STAYEN

since 2025 · until 2031

LIEVEN DE TURCK

Director

Also active at: STAYEN, Staprix, STAY@STAYEN, HOTEL STAYEN

since 2022 · until 2028

KATRIEN MEIRE

Director

since 2022 · until 2028

Establishments

Establishment units

Physical locations of this company

Registered office

Tiensesteenweg 168 box c204

3800 Sint-Truiden

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 27 companies are registered at this address.

All companies at this address →

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STAYEN same network

€ 1.5 million gross margin · 2025

+22 more

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

Details

Company number

0421.226.161

VAT number

BE 0421.226.161

Registered office

Tiensesteenweg 168 bus c204, 3800 Sint-Truiden

Names & denominations

ELEX

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

30 December 1980

Peppol

Active · Active since 8 Dec 2025

Activities · NACE

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Holdings

Activiteiten van hoofdkantoren

View on CBE Public ↗ Annual accounts (NBB) ↗

ELEX

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Financials

What happened to ELEX?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions