Financials
Financial year 2025
Elexo from Kontich, company number BE0789503487, closed financial year 2025 with a result of € 926 after tax. For that financial year Elexo recorded a gross margin of € 313,554 and equity of € 113,456. Compared with financial year 2024, the result moved from € 88,671 to € 926. 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 January 29, 2026.
€ 113,456
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 926
▼ 99% vs 2024
Profit after tax over the fiscal year.
€ 2
▼ € 51,783 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 110,956.
People and assets in 2025
€ 275,638
▲ 30% 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.
€ 38,361
▲ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 92,058
€ 16,220 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 245,766
▲ 43% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 36,540
▼ 11% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 103,357 | € 342,755 | € 313,554 | ▼ 9% |
| Profit after taxes | € 21,359 | € 88,671 | € 926 | ▼ 99% |
| Equity | € 23,859 | € 112,530 | € 113,456 | ▲ 1% |
| Total debts | € 177,669 | € 249,174 | € 481,049 | ▲ 93% |
| Cash | € 20,506 | € 51,785 | € 2 | ▼ € 51,783 |
| Retained profit | € 21,359 | € 110,030 | € 110,956 | ▲ 1% |
| Bank debt | € 0 | € 0 | € 92,058 | |
| Balance sheet total | € 201,528 | € 361,704 | € 594,505 | ▲ 64% |
Key figures of Elexo, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Elexo?
What happened at Elexo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 926 (▼ 99% vs 2024). Source: NBB ↗
- Mike Spaargaren became a director. NBB
- New establishment in Kontich. KBO
- Start of the company according to the CBE. KBO
In short
From € 21,359 profit in 2023 to € 926 profit in 2025.
Paid € 36,287 in corporate taxes since 2023.
Best year ever: 2024, with € 88,671 profit.
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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
Directors
According to the 2025 annual accounts
Mike Spaargaren
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Kartuizersweg 6J
2550 Kontich
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0789.503.487
- VAT number
- BE 0789.503.487
- Registered office
- Kartuizersweg 6J, 2550 Kontich
- Names & denominations
- Elexo
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 August 2022
- Peppol
- Active · Active since 19 Jan 2026
- Activities · NACE
Overige bouwinstallatie
Installatie van industriële machines, toestellen en werktuigen
Overige bouwinstallatie, n.e.g.