Financials
Financial year 2025
ELCARO from Edegem, company number BE0476061845, closed financial year 2025 with a result of € 10,747 after tax. For that financial year ELCARO recorded a gross margin of € 32,875 and equity of € 95,427. Compared with financial year 2024, the result moved from € 9,981 to € 10,747. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 95,427
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10,747
▲ 8% vs 2024
Profit after tax over the fiscal year.
€ 52,349
▲ 255% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 10,833 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 24,073
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 16,255
▼ 25% vs 2024
€ 8,364 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1,314
▲ € 1,197 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,229
▲ 13% 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 | € 37,952 | € 29,609 | € 30,257 | € 32,875 | ▲ 9% |
| Profit after taxes | € 11,170 | € 6,446 | € 9,981 | € 10,747 | ▲ 8% |
| Equity | € 89,836 | € 87,283 | € 95,514 | € 95,427 | |
| Total debts | € 38,502 | € 27,488 | € 31,329 | € 38,763 | ▲ 24% |
| Cash | € 71,142 | € 32,292 | € 14,733 | € 52,349 | ▲ 255% |
| Land & buildings | € 21,706 | € 16,280 | € 10,853 | € 5,426 | ▼ 50% |
| Retained profit | € 83,636 | € 81,083 | € 89,314 | € 89,227 | |
| Dividend | € 8,000 | € 9,000 | € 1,750 | € 10,833 | ▲ € 9,083 |
| Bank debt | € 9,046 | € 702 | € 21,551 | € 16,255 | ▼ 25% |
| Balance sheet total | € 128,339 | € 114,771 | € 126,842 | € 134,191 | ▲ 6% |
Key figures of ELCARO, 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 ELCARO?
What happened at ELCARO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 10,747 (▲ 8% vs 2024). Source: NBB ↗
- New establishment in Edegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,170 profit in 2022 to € 10,747 profit in 2025.
Paid € 19,427 in corporate taxes since 2022.
Best year ever: 2022, with € 11,170 profit.
Paid out € 29,583 in dividends to the owners in total.
Management
Behind ELCARO is Bart MEUWIS.
Directors
According to the 2025 annual accounts
Bart MEUWIS
Manager
Establishments
Establishment units
Physical locations of this company
Jan de Bodtlaan 12
2650 Edegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0476.061.845
- VAT number
- BE 0476.061.845
- Registered office
- Jan de Bodtlaan 12, 2650 Edegem
- Names & denominations
- ELCARO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 November 2001
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Ontwerpen van computerprogramma’s
Overige advisering in verband met programmatuur en levering van programmatuur
Ontwerpen en programmeren van computerprogramma's