Financials
Financial year 2025
ELSCOLAB from Beveren-Kruibeke-Zwijndrecht, company number BE0421938518, closed financial year 2025 with a result of € 1.1 million after tax. For that financial year ELSCOLAB recorded revenue of € 16.3 million and equity of € 6.9 million. Compared with financial year 2024, the result moved from € 1.7 million to € 1.1 million. 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 June 24, 2026.
€ 6.9 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.1 million
▼ 34% vs 2024
Profit after tax over the fiscal year.
€ 2.8 million
▲ 43% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 900,000 paid out
82 % of the profit went to the shareholders, mostly to Adriaenssens & CO (53 % of the shares). That is where the money ends up.
People and assets in 2025
34.1
▲ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.2 million
▲ 2% vs 2024
€ 93,000 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.
€ 470,950
▲ 5% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1.3 million
▲ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 42 days on average.
€ 758,492
▲ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 17,196,153 | € 18,861,359 | € 17,015,285 | € 16,269,311 | ▼ 4% |
| Profit after taxes | € 1,464,686 | € 2,254,056 | € 1,663,233 | € 1,098,772 | ▼ 34% |
| Equity | € 5,658,436 | € 6,362,574 | € 6,725,935 | € 6,872,458 | ▲ 2% |
| Total debts | € 4,587,043 | € 3,858,610 | € 3,370,214 | € 3,260,231 | ▼ 3% |
| Cash | € 1,242,611 | € 2,713,211 | € 1,953,143 | € 2,789,350 | ▲ 43% |
| Land & buildings | € 7,932 | € 4,810 | € 1,689 | € 0 | ▼ 100% |
| Retained profit | € 5,596,436 | € 6,300,574 | € 6,663,935 | € 6,810,458 | ▲ 2% |
| Dividend | € 1,012,500 | € 1,500,000 | € 1,242,000 | € 900,000 | ▼ 28% |
| Bank debt | € 16 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 10,402,330 | € 10,387,769 | € 10,256,778 | € 10,289,314 | |
| Employees (FTE) | 29.9 | 32.2 | 33.4 | 34.1 | ▲ 0.7 |
Key figures of ELSCOLAB, 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 ELSCOLAB?
What happened at ELSCOLAB in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.1 million (▼ 34% vs 2024). Source: NBB ↗
- Tom Adriaenssens stepped down as director. NBB
- ADRIAENSSENS & C° NV stepped down as director. NBB
- Bert Adriaenssens stepped down as director. NBB
- New establishment in Beveren-Kruibeke-Zwijndrecht. KBO
- Tom Adriaenssens became a director. NBB
- ADRIAENSSENS & C° NV became a director. NBB
- Bert Adriaenssens became a director. NBB
In short
From € 1.5 million profit in 2022 to € 1.1 million profit in 2025.
Paid € 2 million in corporate taxes since 2022.
Best year ever: 2023, with € 2.3 million profit.
Paid out € 4.7 million in dividends to the owners in total.
Management
The stake of Adriaenssens & CO, ADRIAENSSENS MAURITS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ELSCOLABThe shares are held by Adriaenssens & CO (52.7%) and ADRIAENSSENS MAURITS (33%). It owns 16.4% of Elscolab BV itself.
Directors
According to the 2025 annual accounts
since 2020 · until 2026
Managing director · represented by Maurits Adriaenssens
Also active at: ADRIAENSSENS MAURITS, HELLMA BENELUX
since 2020 · until 2026
since 2020 · until 2026
Shareholders
52.7%
Participations
Elscolab BV
16.4%
Establishments
Establishment units
Physical locations of this company
Hogenakkerhoekstraat 14
9150 Beveren-Kruibeke-Zwijndrecht
Hogenakkerhoekstraat 12
9150 Beveren-Kruibeke-Zwijndrecht
Active since 1 April 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0421.938.518
- VAT number
- BE 0421.938.518
- Registered office
- Hogenakkerhoekstraat 14, 9150 Beveren-Kruibeke-Zwijndrecht
- Names & denominations
- ELSCOLAB
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 October 1981
- Peppol
- Active · Active since 2 Sept 2025
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