Financials
Financial year 2026
ELECTRO - A.V. from Ronse, company number BE0441729783, closed financial year 2026 with a result of € 2.3 million after tax. For that financial year ELECTRO - A.V. recorded revenue of € 37.7 million and equity of € 23.4 million. Compared with financial year 2025, the result moved from € 1.1 million to € 2.3 million. 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 September 29, 2026.
€ 23.4 million
▲ 3% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.3 million
▲ 116% vs 2025
Profit after tax over the fiscal year.
€ 6 million
▼ 4% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 500,000 paid out
21 % of the profit went to the shareholders, mostly to Elcover NV (100 % of the shares). That is where the money ends up.
People and assets in 2026
42.4
▲ 0.3 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 2.9 million
▲ 3% vs 2025
€ 67,400 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.
€ 196,676
▲ 8% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 2.1 million
▼ 17% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 22 days on average.
€ 732,587
▼ 21% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 37,897,170 | € 41,810,957 | € 40,516,393 | € 37,694,219 | ▼ 7% |
| Profit after taxes | € 516,680 | € 1,436,707 | € 1,076,435 | € 2,326,006 | ▲ 116% |
| Equity | € 20,224,628 | € 21,661,335 | € 22,737,769 | € 23,438,731 | ▲ 3% |
| Total debts | € 11,716,956 | € 12,149,276 | € 11,717,134 | € 7,572,061 | ▼ 35% |
| Cash | € 3,906,359 | € 3,223,443 | € 6,290,129 | € 6,032,473 | ▼ 4% |
| Land & buildings | € 950,935 | € 862,427 | € 837,344 | € 808,706 | ▼ 3% |
| Retained profit | € 9,099,585 | € 10,536,291 | € 11,612,726 | € 13,438,731 | ▲ 16% |
| Dividend | € 0 | € 0 | € 0 | € 500,000 | |
| Balance sheet total | € 34,227,745 | € 35,770,296 | € 36,382,655 | € 33,099,244 | ▼ 9% |
| Employees (FTE) | 45.6 | 44.4 | 42.1 | 42.4 | ▲ 0.3 |
Key figures of ELECTRO - A.V., 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 October 2027.
What happened to ELECTRO - A.V.?
What happened at ELECTRO - A.V. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Bart VERMEEREN stepped down as director. NBB
- DE HAVEZATE BV stepped down as director. NBB
- NOTA CONSULT BV stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 2.3 million (▲ 116% vs 2025). Source: NBB ↗
- Bart VERMEEREN became a director. NBB
- DE HAVEZATE BV became a director. NBB
- NOTA CONSULT BV became a director. NBB
- New establishment in Leuze-en-Hainaut. KBO
In short
From € 516,680 profit in 2023 to € 2.3 million profit in 2026.
Paid € 1.2 million in corporate taxes since 2023.
Best year ever: 2026, with € 2.3 million profit.
Paid out € 500,000 in dividends to the owners in total.
Management
The shares are held by Elcover NV (100%). It owns 99.9% of B.C. and 99.8% of A.V. Trans itself.
Directors
According to the 2026 annual accounts
since 2024 · until 2030
Managing director · represented by Koen VERMEEREN
Also active at: DEVA, A.V. Trans, B.C., ELCOVER
since 2024 · until 2030
Chairman of the board · represented by Steven VERMEEREN
Also active at: DEVA, A.V. Trans, B.C., ELCOVER
since 2023 · until 2029
Shareholders
100%
Participations
99.9%
99.8%
Establishments
Establishment units
Physical locations of this company
Leuzesesteenweg 169
9600 Ronse
Zone industrielle de l'Europe(L) 11
7900 Leuze-en-Hainaut
Active since 13 December 1993
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0441.729.783
- VAT number
- BE 0441.729.783
- Registered office
- Leuzesesteenweg 169, 9600 Ronse
- Names & denominations
- ELECTRO - A.V.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 October 1990
- Peppol
- Active · Active since 10 Nov 2025
- Activities · NACE
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