Financials
Financial year 2025
ELSKO from Boechout, company number BE0452295261, closed financial year 2025 with a result of € 3,071 after tax. For that financial year ELSKO recorded revenue of € 1.9 million and equity of € 205,408. Compared with financial year 2024, the result moved from € 4,321 to € 3,071. 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 August 11, 2026.
€ 205,408
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,071
▼ 29% vs 2024
Profit after tax over the fiscal year.
€ 6,285
▼ 57% 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 € 186,816.
People and assets in 2025
€ 100,681
▲ 8% 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.
€ 1,828
▼ 50% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 103,648
€ 5,588 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 127
▼ 99% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 16,006
▼ 47% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 2,026,996 | € 2,159,682 | € 2,266,280 | € 1,897,770 | ▼ 16% |
| Gross margin | € 97,844 | € 100,180 | € 109,457 | € 154,434 | ▲ 41% |
| Profit after taxes | € 53,652 | € 37,306 | € 4,321 | € 3,071 | ▼ 29% |
| Equity | € 163,211 | € 198,016 | € 202,337 | € 205,408 | ▲ 2% |
| Total debts | € 252,970 | € 102,882 | € 114,048 | € 174,082 | ▲ 53% |
| Cash | € 19,562 | € 11,598 | € 14,516 | € 6,285 | ▼ 57% |
| Retained profit | € 144,619 | € 179,424 | € 183,745 | € 186,816 | ▲ 2% |
| Dividend | € 0 | € 2,500 | € 0 | € 0 | |
| Bank debt | € 0 | € 0 | € 0 | € 103,648 | |
| Balance sheet total | € 416,181 | € 300,899 | € 316,386 | € 379,490 | ▲ 20% |
Key figures of ELSKO, 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 ELSKO?
What happened at ELSKO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3,071 (▼ 29% vs 2024). filed late Source: NBB ↗
- New establishment in Geel. KBO
- Start of the company according to the CBE. KBO
In short
From € 53,652 profit in 2022 to € 3,071 profit in 2025.
Paid € 71,336 in corporate taxes since 2022.
Best year ever: 2022, with € 53,652 profit.
Paid out € 2,500 in dividends to the owners in total.
Management
Behind ELSKO is Bayram Degirmenci.
Directors
According to the 2025 annual accounts
Bayram Degirmenci
Manager
Establishments
Establishment units
Physical locations of this company
Koolmeesstraat 23
2530 Boechout
Antwerpseweg 130
2440 Geel
Active since 4 December 2018
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0452.295.261
- VAT number
- BE 0452.295.261
- Registered office
- Koolmeesstraat 23, 2530 Boechout
- Names & denominations
- ELSKO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 March 1994
- Peppol
- Active · Active since 9 Mar 2025
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