Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2025 and 2026.
Financials
Financial year 2026
ERELCOM from Kapellen, company number BE0434165565, closed financial year 2026 with a result of € -28,810 after tax. For that financial year ERELCOM recorded a gross margin of € 7,897 and equity of € -237,034. Compared with financial year 2025, the result moved from € -36,416 to € -28,810. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ -237,034
▼ € 28,810 vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -28,810
▲ 21 % less loss than in 2025
Profit after tax over the fiscal year.
€ 4
▼ 54% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -370,482.
People and assets in 2026
€ 26,241
▼ 14% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 400,327
€ 22,528 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 2,392
▼ 79% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 2,444
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € -66,716 | € 10,145 | € -2,375 | € 7,897 | ▲ € 10,272 |
| Profit after taxes | € -104,338 | € -31,112 | € -36,416 | € -28,810 | ▲ € 7,606 |
| Equity | € -140,695 | € -171,807 | € -208,224 | € -237,034 | ▼ € 28,810 |
| Total debts | € 562,567 | € 567,310 | € 576,570 | € 594,346 | ▲ 3% |
| Cash | € 2,034 | € 1 | € 9 | € 4 | ▼ 54% |
| Land & buildings | € 232,308 | € 198,704 | € 181,071 | € 163,001 | ▼ 10% |
| Retained profit | € -274,143 | € -305,255 | € -341,672 | € -370,482 | ▼ € 28,810 |
| Bank debt | € 435,533 | € 418,957 | € 400,396 | € 400,327 | |
| Balance sheet total | € 421,872 | € 395,503 | € 368,346 | € 357,312 | ▼ 3% |
Key figures of ERELCOM, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 August 2027.
What happened to ERELCOM?
What happened at ERELCOM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Iris Libotte stepped down as director. NBB
- Laurent Lacroix Baartmans stepped down as director. NBB
- New annual accounts for financial year 2026: loss of € 28,810. filed late Source: NBB ↗
- Iris Libotte became a director. NBB
- Laurent Lacroix Baartmans became a director. NBB
- New establishment in Kapellen. KBO
- Start of the company according to the CBE. KBO
In short
From € 104,338 loss in 2023 to € 28,810 loss in 2026.
Management
Directors
According to the 2026 annual accounts
since 2022 · until 2028
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Georges Capiaulei 8
2950 Kapellen
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0434.165.565
- VAT number
- BE 0434.165.565
- Registered office
- Georges Capiaulei 8, 2950 Kapellen
- Names & denominations
- ERELCOM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 May 1988
- Peppol
- Active · Active since 3 Dec 2025
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies