Financials
Financial year 2025
E.L.O.R.G. from Orp-Jauche, company number BE0434849614, closed financial year 2025 with a result of € 74,292 after tax. For that financial year E.L.O.R.G. recorded a gross margin of € 230,519 and equity of € 721,288. Compared with financial year 2024, the result moved from € 95,930 to € 74,292. 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 1, 2026.
€ 721,288
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 74,292
▼ 23% vs 2024
Profit after tax over the fiscal year.
€ 402,660
▲ 108% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 13,180 paid out
18 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 97,892
▲ 4% vs 2024
€ 97,900 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.
€ 4,308
▼ 78% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 26,268
▼ 40% vs 2024
Loans from banks and other lenders, long and short.
€ 5,518
▲ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,509
▲ 18% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 184,999 | € 167,581 | € 258,089 | € 230,519 | ▼ 11% |
| Profit after taxes | € 50,917 | € 72,711 | € 95,930 | € 74,292 | ▼ 23% |
| Equity | € 546,534 | € 594,246 | € 660,176 | € 721,288 | ▲ 9% |
| Total debts | € 169,129 | € 143,520 | € 141,167 | € 57,734 | ▼ 59% |
| Cash | € 27,574 | € 69,111 | € 193,993 | € 402,660 | ▲ 108% |
| Land & buildings | € 216,280 | € 210,540 | € 208,147 | € 211,321 | ▲ 2% |
| Retained profit | € 170,833 | € 218,545 | € 284,475 | € 345,587 | ▲ 21% |
| Dividend | € 25,000 | € 25,000 | € 30,000 | € 13,180 | ▼ 56% |
| Bank debt | € 49,003 | € 41,906 | € 43,543 | € 26,268 | ▼ 40% |
| Balance sheet total | € 715,663 | € 737,766 | € 801,343 | € 779,022 | ▼ 3% |
| Employees (FTE) | 1 | 0.3 | 1 | 1 |
Key figures of E.L.O.R.G., 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 E.L.O.R.G.?
What happened at E.L.O.R.G. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- LOUIS RAOUL T SERSTEVENS stepped down as director. NBB
- OLIVIER T SERSTEVENS stepped down as director. NBB
- MARIE THYS stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 74,292 (▼ 23% vs 2024). Source: NBB ↗
- LOUIS RAOUL T SERSTEVENS became a director. NBB
- OLIVIER T SERSTEVENS became a director. NBB
- MARIE THYS became a director. NBB
- New establishment in Orp-Jauche. KBO
In short
From € 50,917 profit in 2022 to € 74,292 profit in 2025.
Paid € 143,605 in corporate taxes since 2022.
Best year ever: 2024, with € 95,930 profit.
On average € 230,500 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
LOUIS RAOUL T SERSTEVENS
Managing director
since 2022 · until 2028
OLIVIER T SERSTEVENS
Director
since 2022 · until 2028
MARIE THYS
Director
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Rue Jules Hagnoul(O) 33
1350 Orp-Jauche
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0434.849.614
- VAT number
- BE 0434.849.614
- Registered office
- Rue Jules Hagnoul(O) 33, 1350 Orp-Jauche
- Names & denominations
- E.L.O.R.G.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 July 1988
- Peppol
- Active · Active since 16 Oct 2025
- Activities · NACE
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