Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
ELMOTECH from Genk, company number BE0511978272, closed financial year 2024 with a result of € 154,600 after tax. For that financial year ELMOTECH recorded a gross margin of € 591,722 and equity of € 20,460. Compared with financial year 2023, the result moved from € 8,707 to € 154,600. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2025.
€ 20,460
▲ 43% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 154,600
▲ € 145,893 vs 2023
Profit after tax over the fiscal year.
€ 920
▼ 96% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 148,466 paid out
96 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2024
10.7
▼ 6.1 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 390,211
▼ 37% vs 2023
€ 36,500 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.
€ 9,885
▼ 48% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 132,773
▼ 82% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 346,337
▲ 106% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 483,531 | € 766,478 | € 701,266 | € 591,722 | ▼ 16% |
| Profit after taxes | € 20,962 | € 6,408 | € 8,707 | € 154,600 | ▲ € 145,893 |
| Equity | € -789 | € 5,619 | € 14,326 | € 20,460 | ▲ 43% |
| Total debts | € 267,139 | € 444,327 | € 913,567 | € 627,634 | ▼ 31% |
| Cash | € 680 | € 767 | € 26,102 | € 920 | ▼ 96% |
| Retained profit | € -19,389 | € -12,981 | € -4,274 | € 1,860 | ▲ € 6,134 |
| Dividend | € 0 | € 0 | € 0 | € 148,466 | |
| Bank debt | € 47,058 | € 27,431 | € 0 | € 0 | |
| Balance sheet total | € 266,350 | € 449,946 | € 927,893 | € 648,094 | ▼ 30% |
| Employees (FTE) | 11.4 | 16.8 | 16.8 | 10.7 | ▼ 6.1 |
Key figures of ELMOTECH, 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 ELMOTECH?
What happened at ELMOTECH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
ELMOTECH is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: profit of € 154,600 (▲ € 145,893 vs 2023). Source: NBB ↗
- Melih Tur became a director. NBB
- Kubilay Tur stepped down as director. NBB
- New establishment in Genk. KBO
- Start of the company according to the CBE. KBO
In short
From € 20,962 profit in 2021 to € 154,600 profit in 2024.
Paid € 106,435 in corporate taxes since 2021.
Best year ever: 2024, with € 154,600 profit.
On average € 55,300 of value added per employee in 2024.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind ELMOTECH is Melih Tur. The shares are held by Kubilay Tur (100%).
Directors
According to the 2024 annual accounts
Melih Tur
Andere functie
since 2024
Kubilay Tur
Andere functie
Owns 100% directly
· until 2024
Shareholders
Kubilay Tur · director
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Snoekweyerstraat 2 box 3
3600 Genk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0511.978.272
- VAT number
- BE 0511.978.272
- Registered office
- Snoekweyerstraat 2 bus 3, 3600 Genk
- Names & denominations
- ELMOTECH
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 21 February 2013
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit