Financials
Financial year 2025
ELCO & co from Hamme (Vl.), company number BE0461990313, closed financial year 2025 with a result of € 3,092 after tax. For that financial year ELCO & co recorded a gross margin of € 81,830 and equity of € 219,975. Compared with financial year 2024, the result moved from € 728 to € 3,092. 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 10, 2026.
€ 219,975
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,092
▲ € 2,364 vs 2024
Profit after tax over the fiscal year.
€ 66,426
▲ 108% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1,666 paid out
54 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 25,286
▼ 39% vs 2024
Of which on lease € 9,452.
Debts at end 2025
€ 144,823
▼ 61% vs 2024
€ 28,577 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 18,162
▲ 95% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 434
▼ 29% 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 | € 90,766 | € 90,631 | € 85,355 | € 81,830 | ▼ 4% |
| Profit after taxes | € 29,639 | € 94 | € 728 | € 3,092 | ▲ € 2,364 |
| Equity | € 263,479 | € 263,572 | € 218,549 | € 219,975 | ▲ 1% |
| Total debts | € 464,024 | € 432,710 | € 401,377 | € 375,080 | ▼ 7% |
| Cash | € 94,910 | € 49,959 | € 31,968 | € 66,426 | ▲ 108% |
| Land & buildings | € 511,163 | € 476,822 | € 448,286 | € 435,967 | ▼ 3% |
| Retained profit | € 194,479 | € 194,572 | € 149,549 | € 150,975 | ▲ 1% |
| Dividend | € 52,792 | € 0 | € 45,751 | € 1,666 | ▼ 96% |
| Bank debt | € 343,222 | € 358,888 | € 373,829 | € 144,823 | ▼ 61% |
| Balance sheet total | € 727,503 | € 696,282 | € 619,926 | € 595,055 | ▼ 4% |
Key figures of ELCO & co, 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 ELCO & co?
What happened at ELCO & co in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3,092 (▲ € 2,364 vs 2024). Source: NBB ↗
- Marco Straetman became a director. NBB
- New establishment in Hamme (Vl.). KBO
- Start of the company according to the CBE. KBO
In short
From € 29,639 profit in 2022 to € 3,092 profit in 2025.
Paid € 15,179 in corporate taxes since 2022.
Best year ever: 2022, with € 29,639 profit.
Paid out € 100,209 in dividends to the owners in total.
Management
Behind ELCO & co is Marco Straetman.
Directors
According to the 2025 annual accounts
Marco Straetman
Director
since 2004
Establishments
Establishment units
Physical locations of this company
Lippeveld 40
9220 Hamme (Vl.)
Ekelbeke 254
9220 Hamme (Vl.)
Active since 10 December 1997
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0461.990.313
- VAT number
- BE 0461.990.313
- Registered office
- Lippeveld 40, 9220 Hamme (Vl.)
- Names & denominations
- ELCO & co
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 December 1997
- Peppol
- Active · Active since 30 Jan 2025
- Activities · NACE
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