Financials
Financial year 2025
ELVAN from Wervik, company number BE0811617608, closed financial year 2025 with a result of € 2,885 after tax. For that financial year ELVAN recorded a gross margin of € 5,944 and equity of € 36,385. Compared with financial year 2024, the result moved from € -13,852 to € 2,885. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.
€ 36,385
▼ 36% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,885
▲ still € 13,852 loss in 2024
Profit after tax over the fiscal year.
€ 24,349
▼ 22% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 23,251 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 675
▼ 89% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1,363
▼ 78% vs 2024
Loans from banks and other lenders, long and short.
€ 25,120
▲ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 706
▲ € 674 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 22,358 | € 34,620 | € -1,681 | € 5,944 | ▲ € 7,625 |
| Profit after taxes | € 6,776 | € 14,394 | € -13,852 | € 2,885 | ▲ € 16,737 |
| Equity | € 65,497 | € 74,570 | € 56,751 | € 36,385 | ▼ 36% |
| Total debts | € 59,575 | € 51,268 | € 33,967 | € 50,454 | ▲ 49% |
| Cash | € 29,097 | € 43,385 | € 31,101 | € 24,349 | ▼ 22% |
| Retained profit | € 59,297 | € 68,370 | € 50,551 | € 30,185 | ▼ 40% |
| Dividend | € 0 | € 5,321 | € 3,967 | € 23,251 | ▲ € 19,284 |
| Bank debt | € 25,205 | € 17,831 | € 6,315 | € 1,363 | ▼ 78% |
| Balance sheet total | € 125,072 | € 125,838 | € 90,718 | € 86,839 | ▼ 4% |
Key figures of ELVAN, 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 January 2027.
What happened to ELVAN?
What happened at ELVAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,885. Source: NBB ↗
- New establishment in Wervik. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,776 profit in 2022 to € 2,885 profit in 2025.
Paid € 13,606 in corporate taxes since 2022.
Best year ever: 2023, with € 14,394 profit.
Paid out € 32,539 in dividends to the owners in total.
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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
KARL VANPETEGHEM
Director
Establishments
Establishment units
Physical locations of this company
Molenstraat 7
8940 Wervik
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0811.617.608
- VAT number
- BE 0811.617.608
- Registered office
- Molenstraat 7, 8940 Wervik
- Names & denominations
- ELVAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 May 2009
- Peppol
- Active · Active since 16 Dec 2024
- Activities · NACE
Algemene elektrotechnische installatiewerken