Financials
Financial year 2025
EL-TEC from Gent, company number BE0553448643, closed financial year 2025 with a result of € 22,545 after tax. For that financial year EL-TEC recorded a gross margin of € 365,599 and equity of € 70,607. Compared with financial year 2024, the result moved from € 29,700 to € 22,545. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 17, 2026.
€ 70,607
▲ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 22,545
▼ 24% vs 2024
Profit after tax over the fiscal year.
€ 23,282
▲ € 21,980 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 8,414 paid out
37 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 284,609
▲ 17% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 47,595
▲ 69% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 113,087
▲ 8% vs 2024
€ 23,225 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 53,051
▼ 43% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 26,764
▲ 36% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 139,923 | € 261,994 | € 299,211 | € 365,599 | ▲ 22% |
| Profit after taxes | € -61,733 | € 25,935 | € 29,700 | € 22,545 | ▼ 24% |
| Equity | € 8,558 | € 28,493 | € 56,475 | € 70,607 | ▲ 25% |
| Total debts | € 201,329 | € 183,537 | € 224,799 | € 207,480 | ▼ 8% |
| Cash | - | € 23,414 | € 1,302 | € 23,282 | ▲ € 21,980 |
| Land & buildings | € 102,857 | € 94,347 | € 85,836 | € 77,326 | ▼ 10% |
| Retained profit | € -3,842 | € 16,093 | € 44,075 | € 58,207 | ▲ 32% |
| Dividend | € 0 | € 6,000 | € 1,718 | € 8,414 | ▲ € 6,696 |
| Bank debt | € 124,021 | € 92,607 | € 104,462 | € 113,087 | ▲ 8% |
| Balance sheet total | € 209,886 | € 212,030 | € 281,274 | € 278,087 | ▼ 1% |
Key figures of EL-TEC, 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 EL-TEC?
What happened at EL-TEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 22,545 (▼ 24% vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 61,733 loss in 2022 to € 22,545 profit in 2025.
Paid € 16,049 in corporate taxes since 2022.
Best year ever: 2024, with € 29,700 profit.
Paid out € 16,132 in dividends to the owners in total.
Management
Behind EL-TEC is Alain De Mits.
Directors
According to the 2025 annual accounts
Alain De Mits
Director
Establishments
Establishment units
Physical locations of this company
Aan de linde 2
9030 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0553.448.643
- VAT number
- BE 0553.448.643
- Registered office
- Aan de linde 2, 9030 Gent
- Names & denominations
- EL-TEC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 May 2014
- Peppol
- Active · Active since 8 Aug 2025
- Activities · NACE
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