What is the address of elTHYC?

The registered office of elTHYC is located at Sassenhout 13, 2290 Vorselaar.

Is elTHYC still active?

Yes. According to the CBE (29 October 2026) elTHYC is active, legal situation “Normale toestand”, started on 11 March 1998.

Is elTHYC registered on Peppol?

Yes, elTHYC is registered on the Peppol network with ID 0208:0462798975.

What is the enterprise number of elTHYC?

The enterprise number of elTHYC is BE0462798975.

When was elTHYC founded?

elTHYC was founded on 11 March 1998.

The shares are held by ELTHYCO HOLDING (99.9%).

Is elTHYC a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 11 March 1998; 5 annual accounts filed, latest fiscal year 2025.

How much profit did elTHYC make in 2025?

elTHYC posted a profit after taxes of € 246,938 in financial year 2025.

What is the revenue of elTHYC?

In its most recent annual accounts (2025), elTHYC reported revenue of € 12,700,382.

How much does an employee at elTHYC earn?

The average wage cost per full-time employee at elTHYC was € 74,300 in 2025: staff costs of € 639,191 for 8.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does elTHYC have?

According to the 2025 annual accounts, elTHYC has 8.6 full-time equivalents (FTE).

elTHYC (Private Limited) - Vorselaar - BE0462798975

Q: What does elTHYC do?

elTHYC is registered with the CBE as active in: Groothandel in elektrisch materiaal inclusief installatiemateriaal. Private Limited, started on 11 March 1998, 1 establishment.

Dossier elTHYC, printed on 29 October 2026 from databakkes.be/en/0462798975/elthyc. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

elTHYC from Vorselaar, company number BE0462798975, closed financial year 2025 with a result of € 246,938 after tax. For that financial year elTHYC recorded revenue of € 12.7 million and equity of € 2 million. Compared with financial year 2024, the result moved from € 531,420 to € 246,938. 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 March 26, 2026.

What it is worth Growing

€ 2 million

▲ 8% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 246,938

▼ 54% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 327,272

▲ 19% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 100,000 paid out

40 % of the profit went to the shareholders, mostly to ELTHYCO HOLDING (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

8.6

▲ 0.6 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 1.6 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 639,191

▲ 10% vs 2024

€ 74,300 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.

Vehicles and equipment

€ 50,167

▼ 27% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 20 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 2.1 million

▲ 16% vs 2024

€ 104,436 is repaid this year. At this pace the long-term loan is gone in ≈ 20 years.

Owed to suppliers

€ 1.1 million

▼ 6% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 34 days on average.

Taxes and wages

€ 85,380

▲ 6% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	-	-	€ 13,920,166 Revenue 2024: € 13,920,166 First fiscal year in the series	€ 12,700,382 Revenue 2025: € 12,700,382 ▼ 9% vs 2024 (€ 13,920,166) Unfavourable step	▼ 9%
Gross margin	€ 898,242 Gross margin 2022: € 898,242 First fiscal year in the series	€ 1,429,178 Gross margin 2023: € 1,429,178 ▲ 59% vs 2022 (€ 898,242) Favourable step	-	-
Profit after taxes	€ 381,978 Profit after taxes 2022: € 381,978 First fiscal year in the series	€ 756,457 Profit after taxes 2023: € 756,457 ▲ 98% vs 2022 (€ 381,978) Favourable step	€ 531,420 Profit after taxes 2024: € 531,420 ▼ 30% vs 2023 (€ 756,457) Unfavourable step	€ 246,938 Profit after taxes 2025: € 246,938 ▼ 54% vs 2024 (€ 531,420) Unfavourable step	▼ 54%
Equity	€ 1,282,399 Equity 2022: € 1,282,399 First fiscal year in the series	€ 1,568,856 Equity 2023: € 1,568,856 ▲ 22% vs 2022 (€ 1,282,399) Favourable step	€ 1,900,276 Equity 2024: € 1,900,276 ▲ 21% vs 2023 (€ 1,568,856) Favourable step	€ 2,047,215 Equity 2025: € 2,047,215 ▲ 8% vs 2024 (€ 1,900,276) Favourable step	▲ 8%
Total debts	€ 3,940,062 Total debts 2022: € 3,940,062 First fiscal year in the series	€ 4,219,238 Total debts 2023: € 4,219,238 ▲ 7% vs 2022 (€ 3,940,062) Unfavourable step	€ 3,468,506 Total debts 2024: € 3,468,506 ▼ 18% vs 2023 (€ 4,219,238) Favourable step	€ 3,594,196 Total debts 2025: € 3,594,196 ▲ 4% vs 2024 (€ 3,468,506) Unfavourable step	▲ 4%
Cash	€ 134,538 Cash 2022: € 134,538 First fiscal year in the series	€ 565,441 Cash 2023: € 565,441 ▲ € 430,903 vs 2022 (€ 134,538) Favourable step	€ 273,988 Cash 2024: € 273,988 ▼ 52% vs 2023 (€ 565,441) Unfavourable step	€ 327,272 Cash 2025: € 327,272 ▲ 19% vs 2024 (€ 273,988) Favourable step	▲ 19%
Land & buildings	€ 42,968 Land & buildings 2022: € 42,968 First fiscal year in the series	€ 32,270 Land & buildings 2023: € 32,270 ▼ 25% vs 2022 (€ 42,968) Unchanged	€ 21,571 Land & buildings 2024: € 21,571 ▼ 33% vs 2023 (€ 32,270) Unchanged	€ 11,457 Land & buildings 2025: € 11,457 ▼ 47% vs 2024 (€ 21,571) Unchanged	▼ 47%
Retained profit	€ 1,245,215 Retained profit 2022: € 1,245,215 First fiscal year in the series	€ 1,531,672 Retained profit 2023: € 1,531,672 ▲ 23% vs 2022 (€ 1,245,215) Favourable step	€ 1,863,092 Retained profit 2024: € 1,863,092 ▲ 22% vs 2023 (€ 1,531,672) Favourable step	€ 2,010,031 Retained profit 2025: € 2,010,031 ▲ 8% vs 2024 (€ 1,863,092) Favourable step	▲ 8%
Dividend	€ 175,000 Dividend 2022: € 175,000 First fiscal year in the series	€ 470,000 Dividend 2023: € 470,000 ▲ 169% vs 2022 (€ 175,000) Unchanged	€ 200,000 Dividend 2024: € 200,000 ▼ 57% vs 2023 (€ 470,000) Unchanged	€ 100,000 Dividend 2025: € 100,000 ▼ 50% vs 2024 (€ 200,000) Unchanged	▼ 50%
Bank debt	€ 1,551,359 Bank debt 2022: € 1,551,359 First fiscal year in the series	€ 2,133,262 Bank debt 2023: € 2,133,262 ▲ 38% vs 2022 (€ 1,551,359) Unfavourable step	€ 1,813,814 Bank debt 2024: € 1,813,814 ▼ 15% vs 2023 (€ 2,133,262) Favourable step	€ 2,106,188 Bank debt 2025: € 2,106,188 ▲ 16% vs 2024 (€ 1,813,814) Unfavourable step	▲ 16%
Balance sheet total	€ 5,222,462 Balance sheet total 2022: € 5,222,462 First fiscal year in the series	€ 5,788,094 Balance sheet total 2023: € 5,788,094 ▲ 11% vs 2022 (€ 5,222,462) Unchanged	€ 5,368,782 Balance sheet total 2024: € 5,368,782 ▼ 7% vs 2023 (€ 5,788,094) Unchanged	€ 5,641,410 Balance sheet total 2025: € 5,641,410 ▲ 5% vs 2024 (€ 5,368,782) Unchanged	▲ 5%
Employees (FTE)	-	-	8 Employees (FTE) 2024: 8 First fiscal year in the series	8.6 Employees (FTE) 2025: 8.6 ▲ 0.6 vs 2024 (8) Unchanged	▲ 0.6

Key figures of elTHYC, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.

What happened to elTHYC?

What happened at elTHYC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Mar 26, 2026 New annual accounts for financial year 2025: profit of € 246,938 (▼ 54% vs 2024). Source: NBB ↗
Mar 16, 1998 New establishment in Vorselaar. KBO
Mar 11, 1998 Start of the company according to the CBE. KBO

In short

From € 381,978 profit in 2022 to € 246,938 profit in 2025.

Paid € 342,266 in corporate taxes since 2022.

Best year ever: 2023, with € 756,457 profit.

Paid out € 945,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Establishments

Establishment units

Physical locations of this company

Registered office

Sassenhout 13

2290 Vorselaar

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.

All companies at this address →

Lembrechts & Lembrechts

€ 28,078 gross margin · 2025

EJT PROJECTS

€ 246,086 gross margin · 2025

LEMBRECHTS MARC

€ 1.3 million gross margin · 2022

Groep Elthyc

ELTHYCO HOLDING same network

€ 1.1 million revenue · 2025

+1 more

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0462.798.975

VAT number

BE 0462.798.975

Registered office

Sassenhout 13, 2290 Vorselaar

Names & denominations

elTHYC

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

11 March 1998

Peppol

Active · Active since 12 Nov 2025

Activities · NACE

Groothandel in elektrisch materiaal inclusief installatiemateriaal

Groothandel in elektrisch materiaal, inclusief installatiemateriaal

Groothandel in bouwmaterialen, algemeen assortiment

Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair

Groothandel in installatiemateriaal voor loodgieterswerk en verwarming

Groothandel in elektrische huishoudelijke apparaten en audio- en videoapparatuur

Groothandel in loodgietersmateriaal en verwarmingsinstallaties

View on CBE Public ↗ Annual accounts (NBB) ↗