What does ELTO GROUP do?

ELTO GROUP is a construction company in Evergem. Private Limited, started on 10 November 2015, 1 establishment.

What is the address of ELTO GROUP?

The registered office of ELTO GROUP is located at Jacques Paryslaan 10 box 5, 9940 Evergem.

Is ELTO GROUP still active?

Yes. According to the CBE (29 October 2026) ELTO GROUP is active, legal situation “Normale toestand”, started on 10 November 2015.

Is ELTO GROUP registered on Peppol?

Yes, ELTO GROUP is registered on the Peppol network with ID 0208:0642786831.

What is the enterprise number of ELTO GROUP?

The enterprise number of ELTO GROUP is BE0642786831.

When was ELTO GROUP founded?

ELTO GROUP was founded on 10 November 2015.

Who are the directors of ELTO GROUP?

According to the 2025 annual accounts, the directors of ELTO GROUP are: Thibaut VIAENE, Philippe BALTHAU.

Is ELTO GROUP a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 10 November 2015; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did ELTO GROUP make in 2025?

ELTO GROUP recorded a loss after taxes of € 34,384 in financial year 2025.

What is the revenue of ELTO GROUP?

As a small company, ELTO GROUP is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 790,091.

How much does an employee at ELTO GROUP earn?

The average wage cost per full-time employee at ELTO GROUP was € 77,700 in 2025: staff costs of € 598,053 for 7.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does ELTO GROUP have?

According to the 2025 annual accounts, ELTO GROUP has 7.7 full-time equivalents (FTE).

Does ELTO GROUP have a website?

Yes, ELTO GROUP has a website at elto.be.

ELTO GROUP (Private Limited) - Evergem - BE0642786831

Dossier ELTO GROUP, printed on 29 October 2026 from databakkes.be/en/0642786831/elto-group. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

ELTO GROUP from Evergem, company number BE0642786831, closed financial year 2025 with a result of € -34,384 after tax. For that financial year ELTO GROUP recorded a gross margin of € 790,091 and equity of € 183,432. Compared with financial year 2024, the result moved from € 3,688 to € -34,384. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.

What it is worth Healthy

€ 183,432

▼ 16% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -34,384

▼ still € 3,688 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 123,874

▲ € 106,322 vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 164,832.

People and assets in 2025

Full-time equivalents

7.7

▲ 1.9 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 598,053

▲ 48% vs 2024

€ 77,700 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.

Vehicles and equipment

€ 298,590

▲ 37% vs 2024

Of which on lease € 133,983.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 611,765

▲ 50% vs 2024

€ 93,097 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 1.2 million

▲ 9% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 96,321

▲ 60% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 641,068 Gross margin 2022: € 641,068 First fiscal year in the series	€ 403,415 Gross margin 2023: € 403,415 ▼ 37% vs 2022 (€ 641,068) Unfavourable step	€ 549,347 Gross margin 2024: € 549,347 ▲ 36% vs 2023 (€ 403,415) Favourable step	€ 790,091 Gross margin 2025: € 790,091 ▲ 44% vs 2024 (€ 549,347) Favourable step	▲ 44%
Profit after taxes	€ 141,908 Profit after taxes 2022: € 141,908 First fiscal year in the series	€ -86,212 Profit after taxes 2023: € -86,212 ▼ € 228,120 vs 2022 (€ 141,908) Unfavourable step	€ 3,688 Profit after taxes 2024: € 3,688 ▲ € 89,900 vs 2023 (€ -86,212) Favourable step	€ -34,384 Profit after taxes 2025: € -34,384 ▼ € 38,072 vs 2024 (€ 3,688) Unfavourable step	▼ € 38,072
Equity	€ 300,340 Equity 2022: € 300,340 First fiscal year in the series	€ 214,128 Equity 2023: € 214,128 ▼ 29% vs 2022 (€ 300,340) Unfavourable step	€ 217,816 Equity 2024: € 217,816 ▲ 2% vs 2023 (€ 214,128) Favourable step	€ 183,432 Equity 2025: € 183,432 ▼ 16% vs 2024 (€ 217,816) Unfavourable step	▼ 16%
Total debts	€ 1,335,123 Total debts 2022: € 1,335,123 First fiscal year in the series	€ 1,586,047 Total debts 2023: € 1,586,047 ▲ 19% vs 2022 (€ 1,335,123) Unfavourable step	€ 2,283,222 Total debts 2024: € 2,283,222 ▲ 44% vs 2023 (€ 1,586,047) Unfavourable step	€ 2,619,662 Total debts 2025: € 2,619,662 ▲ 15% vs 2024 (€ 2,283,222) Unfavourable step	▲ 15%
Cash	€ 569 Cash 2022: € 569 First fiscal year in the series	€ 10,141 Cash 2023: € 10,141 ▲ € 9,572 vs 2022 (€ 569) Favourable step	€ 17,551 Cash 2024: € 17,551 ▲ 73% vs 2023 (€ 10,141) Favourable step	€ 123,874 Cash 2025: € 123,874 ▲ € 106,322 vs 2024 (€ 17,551) Favourable step	▲ € 106,322
Retained profit	€ 281,740 Retained profit 2022: € 281,740 First fiscal year in the series	€ 195,528 Retained profit 2023: € 195,528 ▼ 31% vs 2022 (€ 281,740) Unfavourable step	€ 199,216 Retained profit 2024: € 199,216 ▲ 2% vs 2023 (€ 195,528) Favourable step	€ 164,832 Retained profit 2025: € 164,832 ▼ 17% vs 2024 (€ 199,216) Unfavourable step	▼ 17%
Bank debt	€ 379,493 Bank debt 2022: € 379,493 First fiscal year in the series	€ 394,279 Bank debt 2023: € 394,279 ▲ 4% vs 2022 (€ 379,493) Unfavourable step	€ 407,413 Bank debt 2024: € 407,413 ▲ 3% vs 2023 (€ 394,279) Unfavourable step	€ 611,765 Bank debt 2025: € 611,765 ▲ 50% vs 2024 (€ 407,413) Unfavourable step	▲ 50%
Balance sheet total	€ 1,635,464 Balance sheet total 2022: € 1,635,464 First fiscal year in the series	€ 1,800,175 Balance sheet total 2023: € 1,800,175 ▲ 10% vs 2022 (€ 1,635,464) Unchanged	€ 2,501,038 Balance sheet total 2024: € 2,501,038 ▲ 39% vs 2023 (€ 1,800,175) Unchanged	€ 2,803,094 Balance sheet total 2025: € 2,803,094 ▲ 12% vs 2024 (€ 2,501,038) Unchanged	▲ 12%
Employees (FTE)	7.1 Employees (FTE) 2022: 7.1 First fiscal year in the series	6.3 Employees (FTE) 2023: 6.3 ▼ 0.8 vs 2022 (7.1) Unchanged	5.8 Employees (FTE) 2024: 5.8 ▼ 0.5 vs 2023 (6.3) Unchanged	7.7 Employees (FTE) 2025: 7.7 ▲ 1.9 vs 2024 (5.8) Unchanged	▲ 1.9

Key figures of ELTO GROUP, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.

What happened to ELTO GROUP?

What happened at ELTO GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Apr 30, 2026 New annual accounts for financial year 2025: loss of € 34,384 (▼ € 38,072 vs 2024). Source: NBB ↗
Nov 10, 2015 New establishment in Evergem. KBO
Nov 10, 2015 Start of the company according to the CBE. KBO

In short

From € 141,908 profit in 2022 to € 34,384 loss in 2025.

Paid € 82,998 in corporate taxes since 2022.

Best year ever: 2022, with € 141,908 profit.

On average € 102,600 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Thibaut VIAENE Philippe BALTHAU

Th.Inc

ELTO GROUP

RENIX INVEST

Behind ELTO GROUP are Thibaut VIAENE and Philippe BALTHAU. Thibaut VIAENE is also behind Th.Inc. Philippe BALTHAU is also behind RENIX INVEST.

Directors

According to the 2025 annual accounts

Thibaut VIAENE

Director

Also active at: Th.Inc

Philippe BALTHAU

Director

Also active at: RENIX INVEST

Establishments

Establishment units

Physical locations of this company

Registered office

Jacques Paryslaan 10 box 5

9940 Evergem

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

SIDEM - SERVICE

€ 77,830 gross margin · 2025

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€ 131,998 gross margin · 2025

FixSus

€ 2.6 million gross margin · 2025

VreeWijs

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

HTTPS elto.be

Technologies

Amazon CloudFrontCloudflare CDNGoogle FontsWeglotjQueryreCAPTCHA

Hosting & Email

Email provider

Google Workspace

Hosting

CLOUDFLARESPECTRUM Cloudflare, Inc., US

Website info

HTTPS Ja

Features

Contact page

Security

✓ HTTPS

✓ SPF

✓ DMARC

Details

Company number

0642.786.831

VAT number

BE 0642.786.831

Registered office

Jacques Paryslaan 10 bus 5, 9940 Evergem

Names & denominations

ELTO GROUP

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

10 November 2015

Peppol

Active · Active since 1 Jan 2001

Contact

elto.be

Activities · NACE

Algemene bouw van residentiële gebouwen

Overige bouwinstallatie

Overige bouwinstallatie, n.e.g.

Diverse ondersteunende activiteiten ten behoeve van voorzieningen

Groothandel in sanitair

Overige activiteiten van vrije beroepen en andere wetenschappelijke en technische activiteiten, neg

Overige technische testen en toetsen

Bouw van civieltechnische werken voor elektriciteit en telecommunicatie

+10

View on CBE Public ↗ Annual accounts (NBB) ↗

ELTO GROUP

Financials

What happened to ELTO GROUP?

Management

Directors

Establishments

Establishment units

Who else lives here?

Website

Technologies

Hosting & Email

Website info

Features

Security

Details

Frequently asked questions