Financials
Financial year 2025
ELRACO from Tongeren-Borgloon, company number BE0634700001, closed financial year 2025 with a result of € 111,501 after tax. For that financial year ELRACO recorded a gross margin of € 168,036 and equity of € 263,303. Compared with financial year 2024, the result moved from € 52,732 to € 111,501. Profitable, and profit is growing. 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 July 6, 2026.
€ 263,303
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 111,501
▲ 111% vs 2024
Profit after tax over the fiscal year.
€ 123,614
▲ 64% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 91,590 paid out
82 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 5,142
▼ 6% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 25,678
▼ 7% vs 2024
€ 5,841 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 5,114
▲ 61% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 35,635
▲ 146% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 41,894 | € 65,958 | € 79,411 | € 168,036 | ▲ 112% |
| Profit after taxes | € 24,323 | € 41,151 | € 52,732 | € 111,501 | ▲ 111% |
| Equity | € 179,812 | € 200,659 | € 243,392 | € 263,303 | ▲ 8% |
| Total debts | € 91,416 | € 79,001 | € 55,273 | € 158,016 | ▲ 186% |
| Cash | € 27,685 | € 40,451 | € 75,381 | € 123,614 | ▲ 64% |
| Retained profit | € 173,612 | € 194,459 | € 237,192 | € 257,103 | ▲ 8% |
| Dividend | € 28,639 | € 20,303 | € 10,000 | € 91,590 | ▲ € 81,590 |
| Bank debt | € 43,363 | € 38,186 | € 27,630 | € 25,678 | ▼ 7% |
| Balance sheet total | € 271,228 | € 279,660 | € 298,665 | € 421,319 | ▲ 41% |
Key figures of ELRACO, 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 ELRACO?
What happened at ELRACO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 111,501 (▲ 111% vs 2024). Source: NBB ↗
- New establishment in Tongeren-Borgloon. KBO
- Start of the company according to the CBE. KBO
In short
From € 24,323 profit in 2022 to € 111,501 profit in 2025.
Paid € 104,354 in corporate taxes since 2022.
Best year ever: 2025, with € 111,501 profit.
Paid out € 150,532 in dividends to the owners in total.
Management
Behind ELRACO are Daniëlle Pierre and Eric Christiaens. Eric Christiaens is also behind HospiLim and Vlaams Energiebedrijf.
Directors
According to the 2025 annual accounts
Daniëlle Pierre
Director
Establishments
Establishment units
Physical locations of this company
de Schaetzengaarde 22
3700 Tongeren-Borgloon
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0634.700.001
- VAT number
- BE 0634.700.001
- Registered office
- de Schaetzengaarde 22, 3700 Tongeren-Borgloon
- Names & denominations
- ELRACO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 July 2015
- Peppol
- Active · Active since 29 Jan 2025
- Contact
- [email protected]
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