ELVACO is an IT company in Mechelen. Private Limited, started on 12 November 1982, 1 establishment.

What is the address of ELVACO?

The registered office of ELVACO is located at Mgr. Scheppersstraat 59, 2800 Mechelen.

Is ELVACO still active?

Yes. According to the CBE (30 October 2026) ELVACO is active, legal situation “Normale toestand”, started on 12 November 1982.

Is ELVACO registered on Peppol?

Yes, ELVACO is registered on the Peppol network with ID 0208:0423261280.

What is the enterprise number of ELVACO?

The enterprise number of ELVACO is BE0423261280.

When was ELVACO founded?

ELVACO was founded on 12 November 1982.

Who are the directors of ELVACO?

According to the 2025 annual accounts, the directors of ELVACO are: Paul Ballon, Bart Ballon.

Is ELVACO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 12 November 1982; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did ELVACO make in 2025?

ELVACO posted a profit after taxes of € 648 in financial year 2025.

What is the revenue of ELVACO?

As a small company, ELVACO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,412.

ELVACO (Private Limited) - Mechelen - BE0423261280

Dossier ELVACO, printed on 30 October 2026 from databakkes.be/en/0423261280/elvaco. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

ELVACO from Mechelen, company number BE0423261280, closed financial year 2025 with a result of € 648 after tax. For that financial year ELVACO recorded a gross margin of € 1,412 and equity of € 343,992. Compared with financial year 2024, the result moved from € -5,278 to € 648. 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 17, 2026.

What it is worth Growing

€ 343,992

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

Profit Growing

€ 648

▲ still € 5,278 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 205,517

▼ 10% 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 € 337,175.

People and assets in 2025

Vehicles and equipment

€ 6,528

▲ 47% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

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

Owed to suppliers

€ 535

▼ 75% vs 2024

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

Taxes

€ 3,277

▲ 20% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 6,513 Gross margin 2022: € 6,513 First fiscal year in the series	€ -1,688 Gross margin 2023: € -1,688 ▼ € 8,202 vs 2022 (€ 6,513) Unfavourable step	€ -1,901 Gross margin 2024: € -1,901 ▼ € 213 vs 2023 (€ -1,688) Unfavourable step	€ 1,412 Gross margin 2025: € 1,412 ▲ € 3,313 vs 2024 (€ -1,901) Favourable step	▲ € 3,313
Profit after taxes	€ 3,020 Profit after taxes 2022: € 3,020 First fiscal year in the series	€ -4,459 Profit after taxes 2023: € -4,459 ▼ € 7,479 vs 2022 (€ 3,020) Unfavourable step	€ -5,278 Profit after taxes 2024: € -5,278 ▼ € 819 vs 2023 (€ -4,459) Unfavourable step	€ 648 Profit after taxes 2025: € 648 ▲ € 5,927 vs 2024 (€ -5,278) Favourable step	▲ € 5,927
Equity	€ 403,081 Equity 2022: € 403,081 First fiscal year in the series	€ 378,622 Equity 2023: € 378,622 ▼ 6% vs 2022 (€ 403,081) Unfavourable step	€ 343,344 Equity 2024: € 343,344 ▼ 9% vs 2023 (€ 378,622) Unfavourable step	€ 343,992 Equity 2025: € 343,992 Unchanged (€ 343,344) Favourable step
Total debts	€ 3,181 Total debts 2022: € 3,181 First fiscal year in the series	€ 6,421 Total debts 2023: € 6,421 ▲ 102% vs 2022 (€ 3,181) Unfavourable step	€ 27,224 Total debts 2024: € 27,224 ▲ € 20,802 vs 2023 (€ 6,421) Unfavourable step	€ 15,875 Total debts 2025: € 15,875 ▼ 42% vs 2024 (€ 27,224) Favourable step	▼ 42%
Cash	€ 238,327 Cash 2022: € 238,327 First fiscal year in the series	€ 232,698 Cash 2023: € 232,698 ▼ 2% vs 2022 (€ 238,327) Unfavourable step	€ 228,664 Cash 2024: € 228,664 ▼ 2% vs 2023 (€ 232,698) Unfavourable step	€ 205,517 Cash 2025: € 205,517 ▼ 10% vs 2024 (€ 228,664) Unfavourable step	▼ 10%
Retained profit	€ 396,264 Retained profit 2022: € 396,264 First fiscal year in the series	€ 371,805 Retained profit 2023: € 371,805 ▼ 6% vs 2022 (€ 396,264) Unfavourable step	€ 336,527 Retained profit 2024: € 336,527 ▼ 9% vs 2023 (€ 371,805) Unfavourable step	€ 337,175 Retained profit 2025: € 337,175 Unchanged (€ 336,527) Favourable step
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 20,000 Dividend 2023: € 20,000 Unchanged (€ 0) Unchanged	€ 30,000 Dividend 2024: € 30,000 ▲ 50% vs 2023 (€ 20,000) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 30,000) Unchanged	▼ 100%
Balance sheet total	€ 406,262 Balance sheet total 2022: € 406,262 First fiscal year in the series	€ 385,043 Balance sheet total 2023: € 385,043 ▼ 5% vs 2022 (€ 406,262) Unchanged	€ 370,567 Balance sheet total 2024: € 370,567 ▼ 4% vs 2023 (€ 385,043) Unchanged	€ 359,867 Balance sheet total 2025: € 359,867 ▼ 3% vs 2024 (€ 370,567) Unchanged	▼ 3%

Key figures of ELVACO, 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 ELVACO?

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

Jun 17, 2026 New annual accounts for financial year 2025: profit of € 648. Source: NBB ↗
2017 Bart Ballon became a director. NBB
Jan 30, 1995 New establishment in Merchtem. KBO
Nov 12, 1982 Start of the company according to the CBE. KBO

In short

From € 3,020 profit in 2022 to € 648 profit in 2025.

Paid € 8,316 in corporate taxes since 2022.

Best year ever: 2022, with € 3,020 profit.

Paid out € 50,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Paul Ballon Bart Ballon

ELVACO

Behind ELVACO are Paul Ballon and Bart Ballon.

Directors

According to the 2025 annual accounts

Paul Ballon

Administrator-manager

Bart Ballon

Administrator-manager

since 2017

Establishments

Establishment units

Physical locations of this company

Registered office

Mgr. Scheppersstraat 59

2800 Mechelen

2.035.311.804

Spiegellaan 55

1785 Merchtem

Active since 30 January 1995

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

Extensima

WOTIC

€ 9,889 gross margin · 2025

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

Details

Company number

0423.261.280

VAT number

BE 0423.261.280

Registered office

Mgr. Scheppersstraat 59, 2800 Mechelen

Names & denominations

ELVACO

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

12 November 1982

Peppol

Active · Active since 23 Dec 2025

Activities · NACE

Ontwerpen van computerprogramma’s

Overige advisering in verband met programmatuur en levering van programmatuur

Ontwerpen en programmeren van computerprogramma's

View on CBE Public ↗ Annual accounts (NBB) ↗

ELVACO

Financials

What happened to ELVACO?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions