Financials
Financial year 2024
ELRENO from Hove, company number BE0445180114, closed financial year 2024 with a result of € 4,824 after tax. For that financial year ELRENO recorded a gross margin of € 23,045 and equity of € 55,206. Compared with financial year 2023, the result moved from € 2,708 to € 4,824. 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 July 30, 2025.
€ 55,206
▲ 2% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,824
▲ 78% vs 2023
Profit after tax over the fiscal year.
€ 4,000 paid out
83 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2024
€ 42,491
▲ 37% vs 2023
€ 7,608 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 9,939
▲ 24% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 3,127
▲ 15% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 7,650 | € 9,935 | € 13,200 | € 23,045 | ▲ 75% |
| Profit after taxes | € -1,303 | € 652 | € 2,708 | € 4,824 | ▲ 78% |
| Equity | € 51,022 | € 51,674 | € 54,382 | € 55,206 | ▲ 2% |
| Total debts | € 53,086 | € 47,169 | € 41,662 | € 59,557 | ▲ 43% |
| Land & buildings | € 54,510 | € 73,814 | € 70,514 | € 67,214 | ▼ 5% |
| Retained profit | € 32,430 | € 33,082 | € 35,790 | € 36,614 | ▲ 2% |
| Dividend | € 0 | € 0 | € 0 | € 4,000 | |
| Bank debt | € 32,998 | € 35,615 | € 30,918 | € 42,491 | ▲ 37% |
| Balance sheet total | € 104,108 | € 98,843 | € 96,044 | € 114,763 | ▲ 19% |
Key figures of ELRENO, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to ELRENO?
What happened at ELRENO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 4,824 (▲ 78% vs 2023). Source: NBB ↗
- New establishment in Hove. KBO
- GERT DENOLLET became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1,303 loss in 2021 to € 4,824 profit in 2024.
Paid € 4,355 in corporate taxes since 2021.
Best year ever: 2024, with € 4,824 profit.
Paid out € 4,000 in dividends to the owners in total.
Management
Behind ELRENO is GERT DENOLLET.
Directors
According to the 2024 annual accounts
GERT DENOLLET
Manager
since 1991
Establishments
Establishment units
Physical locations of this company
Mortselsesteenweg 42
2540 Hove
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0445.180.114
- VAT number
- BE 0445.180.114
- Registered office
- Mortselsesteenweg 42, 2540 Hove
- Names & denominations
- ELRENO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 September 1991
- Peppol
- Active · Active since 31 Dec 2025
- Activities · NACE
Algemene bouw van residentiële gebouwen
Bouwen van individuele huizen
Algemene elektrotechnische installatiewerken
Elektrische installatie