Financials
Financial year 2025
ELST R. from Kapellen, company number BE0435621159, closed financial year 2025 with a result of € 59,219 after tax. For that financial year ELST R. recorded a gross margin of € 158,721 and equity of € 82,367. Compared with financial year 2024, the result moved from € 56,370 to € 59,219. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 82,367
▲ 256% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 59,219
▲ 5% vs 2024
Profit after tax over the fiscal year.
€ 137,076
▲ 188% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -36,265.
People and assets in 2025
€ 59,203
▼ 15% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2,018
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 157,173
▼ 13% vs 2024
€ 25,086 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 26,809
▼ 33% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,479
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 150,227 | € 174,315 | € 166,655 | € 158,721 | ▼ 5% |
| Profit after taxes | € -27,512 | € 34,754 | € 56,370 | € 59,219 | ▲ 5% |
| Equity | € -67,976 | € -33,221 | € 23,148 | € 82,367 | ▲ 256% |
| Total debts | € 365,701 | € 294,422 | € 262,530 | € 226,028 | ▼ 14% |
| Cash | € 19,219 | € 8,042 | € 47,518 | € 137,076 | ▲ 188% |
| Land & buildings | € 82,421 | € 76,555 | € 70,689 | € 64,823 | ▼ 8% |
| Retained profit | € -186,608 | € -151,853 | € -95,484 | € -36,265 | ▲ € 59,219 |
| Bank debt | € 230,042 | € 205,778 | € 181,061 | € 157,173 | ▼ 13% |
| Balance sheet total | € 297,725 | € 261,200 | € 285,678 | € 308,395 | ▲ 8% |
Key figures of ELST R., 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 ELST R.?
What happened at ELST R. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 59,219 (▲ 5% vs 2024). Source: NBB ↗
- Steven Elst became a director. NBB
- Rudi Elst became a director. NBB
- New establishment in Kapellen. KBO
- Start of the company according to the CBE. KBO
In short
From € 27,512 loss in 2022 to € 59,219 profit in 2025.
Best year ever: 2025, with € 59,219 profit.
Management
Behind ELST R. are Rudi Elst and Steven Elst. Steven Elst is also behind Elst S.
Directors
According to the 2025 annual accounts
Rudi Elst
Director
since 1997
since 2005
Establishments
Establishment units
Physical locations of this company
Heidestraat 13
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.
Website
Technologies
Hosting & Email
Email provider
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Website info
Features
Security
Details
- Company number
- 0435.621.159
- VAT number
- BE 0435.621.159
- Registered office
- Heidestraat 13, 2950 Kapellen
- Names & denominations
- ELST R.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 October 1988
- Peppol
- Active · Active since 24 Nov 2025
- Contact
- elektriciteitswerkenelst.be
- Activities · NACE
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