What does VANDER ELST do?

VANDER ELST is a wholesaler in Grimbergen. Public Limited, started on 10 June 1981, 1 establishment.

What is the address of VANDER ELST?

The registered office of VANDER ELST is located at Oostvaartdijk 42, 1850 Grimbergen.

Is VANDER ELST still active?

Yes. According to the CBE (29 October 2026) VANDER ELST is active, legal situation “Normale toestand”, started on 10 June 1981.

Is VANDER ELST registered on Peppol?

Yes, VANDER ELST is registered on the Peppol network with ID 0208:0421678794.

What is the enterprise number of VANDER ELST?

The enterprise number of VANDER ELST is BE0421678794.

When was VANDER ELST founded?

VANDER ELST was founded on 10 June 1981.

Who are the directors of VANDER ELST?

According to the 2025 annual accounts, the directors of VANDER ELST are: Tofino CV, Vicaz BV, Electroco BV.

Is VANDER ELST a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 10 June 1981; 4 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did VANDER ELST make in 2025?

VANDER ELST posted a profit after taxes of € 124,286 in financial year 2025.

What is the revenue of VANDER ELST?

As a small company, VANDER ELST is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,872,154.

How much does an employee at VANDER ELST earn?

The average wage cost per full-time employee at VANDER ELST was € 89,800 in 2025: staff costs of € 1.5 million for 16.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does VANDER ELST have?

According to the 2025 annual accounts, VANDER ELST has 16.6 full-time equivalents (FTE).

Does VANDER ELST have a website?

Yes, VANDER ELST has a website at vanderelst.be.

VANDER ELST (Public Limited) - Grimbergen - BE0421678794

Dossier VANDER ELST, printed on 29 October 2026 from databakkes.be/en/0421678794/vander-elst. 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.

Tight liquidity NBB

Cash and receivables cover 28 % of short-term debt in 2025; threshold 65 %.
Shrinking team NBB

FTE fell two years in a row, from 21 to 16.6.

Financials

Financial year 2025

VANDER ELST from Grimbergen, company number BE0421678794, closed financial year 2025 with a result of € 124,286 after tax. For that financial year VANDER ELST recorded a gross margin of € 1.9 million and equity of € 920,753. Compared with financial year 2024, the result moved from € -256,623 to € 124,286. 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 July 7, 2026.

What it is worth Growing

€ 920,753

▲ 16% vs 2024

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

Profit Growing

€ 124,286

▲ still € 256,623 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 257,582

▼ 31% 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 € 733,753.

People and assets in 2025

Full-time equivalents

16.6

▼ 1.8 vs 2024

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

Wage cost

€ 1.5 million

▼ 11% vs 2024

€ 89,800 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

€ 190,893

▼ 18% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 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.

€ 478,535

▼ 34% vs 2024

€ 190,515 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 961,976

▲ 21% vs 2024

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

Taxes and wages

€ 200,291

▼ 4% 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	€ 9,582,373 Revenue 2022: € 9,582,373 First fiscal year in the series	-	-	-
Gross margin	-	€ 2,339,155 Gross margin 2023: € 2,339,155 First fiscal year in the series	€ 1,776,066 Gross margin 2024: € 1,776,066 ▼ 24% vs 2023 (€ 2,339,155) Unfavourable step	€ 1,872,154 Gross margin 2025: € 1,872,154 ▲ 5% vs 2024 (€ 1,776,066) Favourable step	▲ 5%
Profit after taxes	€ 11,396 Profit after taxes 2022: € 11,396 First fiscal year in the series	€ 215,139 Profit after taxes 2023: € 215,139 ▲ € 203,743 vs 2022 (€ 11,396) Favourable step	€ -256,623 Profit after taxes 2024: € -256,623 ▼ € 471,762 vs 2023 (€ 215,139) Unfavourable step	€ 124,286 Profit after taxes 2025: € 124,286 ▲ € 380,909 vs 2024 (€ -256,623) Favourable step	▲ € 380,909
Equity	€ 1,137,951 Equity 2022: € 1,137,951 First fiscal year in the series	€ 1,053,089 Equity 2023: € 1,053,089 ▼ 7% vs 2022 (€ 1,137,951) Unfavourable step	€ 796,467 Equity 2024: € 796,467 ▼ 24% vs 2023 (€ 1,053,089) Unfavourable step	€ 920,753 Equity 2025: € 920,753 ▲ 16% vs 2024 (€ 796,467) Favourable step	▲ 16%
Total debts	€ 1,805,300 Total debts 2022: € 1,805,300 First fiscal year in the series	€ 1,616,000 Total debts 2023: € 1,616,000 ▼ 10% vs 2022 (€ 1,805,300) Favourable step	€ 1,758,580 Total debts 2024: € 1,758,580 ▲ 9% vs 2023 (€ 1,616,000) Unfavourable step	€ 1,640,802 Total debts 2025: € 1,640,802 ▼ 7% vs 2024 (€ 1,758,580) Favourable step	▼ 7%
Cash	€ 464,970 Cash 2022: € 464,970 First fiscal year in the series	€ 240,215 Cash 2023: € 240,215 ▼ 48% vs 2022 (€ 464,970) Unfavourable step	€ 372,164 Cash 2024: € 372,164 ▲ 55% vs 2023 (€ 240,215) Favourable step	€ 257,582 Cash 2025: € 257,582 ▼ 31% vs 2024 (€ 372,164) Unfavourable step	▼ 31%
Retained profit	€ 950,951 Retained profit 2022: € 950,951 First fiscal year in the series	€ 866,089 Retained profit 2023: € 866,089 ▼ 9% vs 2022 (€ 950,951) Unfavourable step	€ 609,467 Retained profit 2024: € 609,467 ▼ 30% vs 2023 (€ 866,089) Unfavourable step	€ 733,753 Retained profit 2025: € 733,753 ▲ 20% vs 2024 (€ 609,467) Favourable step	▲ 20%
Dividend	€ 300,000 Dividend 2022: € 300,000 First fiscal year in the series	€ 300,000 Dividend 2023: € 300,000 Unchanged (€ 300,000) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 300,000) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 645,321 Bank debt 2022: € 645,321 First fiscal year in the series	€ 739,852 Bank debt 2023: € 739,852 ▲ 15% vs 2022 (€ 645,321) Unfavourable step	€ 719,915 Bank debt 2024: € 719,915 ▼ 3% vs 2023 (€ 739,852) Favourable step	€ 478,535 Bank debt 2025: € 478,535 ▼ 34% vs 2024 (€ 719,915) Favourable step	▼ 34%
Balance sheet total	€ 2,943,250 Balance sheet total 2022: € 2,943,250 First fiscal year in the series	€ 2,669,090 Balance sheet total 2023: € 2,669,090 ▼ 9% vs 2022 (€ 2,943,250) Unchanged	€ 2,555,046 Balance sheet total 2024: € 2,555,046 ▼ 4% vs 2023 (€ 2,669,090) Unchanged	€ 2,561,555 Balance sheet total 2025: € 2,561,555 Unchanged (€ 2,555,046) Unchanged
Employees (FTE)	22.6 Employees (FTE) 2022: 22.6 First fiscal year in the series	21 Employees (FTE) 2023: 21 ▼ 1.6 vs 2022 (22.6) Unchanged	18.4 Employees (FTE) 2024: 18.4 ▼ 2.6 vs 2023 (21) Unchanged	16.6 Employees (FTE) 2025: 16.6 ▼ 1.8 vs 2024 (18.4) Unchanged	▼ 1.8

Key figures of VANDER ELST, 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 VANDER ELST?

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

2031 Vicaz BV stepped down as director. NBB
2030 Electroco BV stepped down as director. NBB
Jul 7, 2026 New annual accounts for financial year 2025: profit of € 124,286. Source: NBB ↗
2025 Tofino CV stepped down as director. NBB
2025 Vicaz BV became a director. NBB
2020 Tofino CV became a director. NBB
2017 Electroco BV became a director. NBB
Jul 1, 1981 New establishment in Grimbergen. KBO

In short

From € 11,396 profit in 2022 to € 124,286 profit in 2025.

Paid € 160,326 in corporate taxes since 2022.

Best year ever: 2023, with € 215,139 profit.

On average € 112,800 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Electroco 100%

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

VANDER ELST

The shares are held by Electroco (100%).

Directors

According to the 2025 annual accounts

Tofino CV

Managing director · represented by Tim Baekelandt

Also active at: Electroco

since 2020 · until 2025

Vicaz BV

Director · represented by Frederic Janssen

since 2025 · until 2031

Electroco BV

Director · represented by Jan Froyman

since 2017 · until 2030

Shareholders

Electroco

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Oostvaartdijk 42

1850 Grimbergen

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

Website

HTTPS vanderelst.be

Canonical: https://www.vanderelst.be/nl/homepage

Technologies

AlgoliaBootstrapGoogle Tag ManagerLightboxMagentoMoment.jsNginxjQuerylazysizes

Hosting & Email

Email provider

Microsoft 365

Hosting

COMBELL-AS, BE

Website info

HTTPS Ja

Languages FR, NL

Features

Webshop Newsletter Ads Contact page

Security

✓ HTTPS

✗ SPF

✗ DMARC

Details

Company number

0421.678.794

VAT number

BE 0421.678.794

Registered office

Oostvaartdijk 42, 1850 Grimbergen

Names & denominations

VANDER ELST

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

10 June 1981

Peppol

Active · Active since 6 Oct 2025

Contact

vanderelst.be

Activities · NACE

Groothandel in elektrisch materiaal, inclusief installatiemateriaal

Groothandel in andere machines en werktuigen, neg

Groothandel in vervoermiddelen met uitzondering van auto's, motorrijwielen en rijwielen, in meetapparaten en -instrumenten, in navigatieapparatuur en andere diverse machines en uitrusting voor de nijv

Groothandel in andere machines en werktuigen, n.e.g.

View on CBE Public ↗ Annual accounts (NBB) ↗

VANDER ELST

Warning lights

Financials

What happened to VANDER ELST?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Website

Technologies

Hosting & Email

Website info

Features

Security

Details

Frequently asked questions