Financials
Financial year 2025
ELREKO from Merchtem, company number BE0547632306, closed financial year 2025 with a result of € 106,464 after tax. For that financial year ELREKO recorded a gross margin of € 183,810 and equity of € 614,758. Compared with financial year 2024, the result moved from € 125,792 to € 106,464. 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 7, 2026.
€ 614,758
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 106,464
▼ 15% vs 2024
Profit after tax over the fiscal year.
€ 352,120
▲ 107% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 79,166 paid out
74 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 38,472
▼ 34% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 127,371
▼ 10% vs 2024
€ 17,595 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 4,033
▼ 91% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 24,342
▲ € 23,098 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 | € 157,199 | € 181,786 | € 206,699 | € 183,810 | ▼ 11% |
| Profit after taxes | € 103,407 | € 114,200 | € 125,792 | € 106,464 | ▼ 15% |
| Equity | € 439,595 | € 553,795 | € 587,460 | € 614,758 | ▲ 5% |
| Total debts | € 265,747 | € 184,998 | € 193,534 | € 163,145 | ▼ 16% |
| Cash | € 82,306 | € 175,469 | € 169,771 | € 352,120 | ▲ 107% |
| Land & buildings | € 174,912 | € 167,395 | € 159,879 | € 152,363 | ▼ 5% |
| Retained profit | € 427,195 | € 541,395 | € 575,060 | € 602,358 | ▲ 5% |
| Dividend | € 0 | € 0 | € 92,126 | € 79,166 | ▼ 14% |
| Bank debt | € 167,949 | € 155,019 | € 142,239 | € 127,371 | ▼ 10% |
| Balance sheet total | € 705,343 | € 738,793 | € 780,994 | € 777,903 |
Key figures of ELREKO, 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 ELREKO?
What happened at ELREKO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 106,464 (▼ 15% vs 2024). filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Merchtem. KBO
In short
From € 103,407 profit in 2022 to € 106,464 profit in 2025.
Paid € 184,923 in corporate taxes since 2022.
Best year ever: 2024, with € 125,792 profit.
Paid out € 171,292 in dividends to the owners in total.
Management
Behind ELREKO is Koen Van Der Straeten.
Directors
According to the 2025 annual accounts
Koen Van Der Straeten
Manager
Establishments
Establishment units
Physical locations of this company
Heirbaan 125
1785 Merchtem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
one.com Mail
Hosting
ONECOM, DK
Website info
Features
Security
Network
Details
- Company number
- 0547.632.306
- VAT number
- BE 0547.632.306
- Registered office
- Heirbaan 125, 1785 Merchtem
- Names & denominations
- ELREKO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 March 2014
- Peppol
- Active · Active since 11 Dec 2025
- Contact
- elreko.be
- Activities · NACE
Algemene elektrotechnische installatiewerken
Overige bouwinstallatie
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