Financials
Financial year 2025
ELATO from Keerbergen, company number BE0830328512, closed financial year 2025 with a result of € -43,475 after tax. For that financial year ELATO recorded a gross margin of € -20,352 and equity of € 178,720. Compared with financial year 2024, the result moved from € 31,721 to € -43,475. The company made a loss. 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 July 31, 2026.
€ 178,720
▼ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -43,475
▼ still € 31,721 profit in 2024
Profit after tax over the fiscal year.
€ 78,878
▼ 43% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 158,720.
People and assets in 2025
€ 36,135
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 24,754
▼ 50% vs 2024
€ 16,333 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 20,207
▲ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,650
▲ 103% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 89,639 | € 103,836 | € 83,369 | € -20,352 | ▼ € 103,721 |
| Profit after taxes | € 67,048 | € 46,478 | € 31,721 | € -43,475 | ▼ € 75,196 |
| Equity | € 156,628 | € 203,106 | € 234,827 | € 178,720 | ▼ 24% |
| Total debts | € 98,004 | € 143,471 | € 74,002 | € 57,591 | ▼ 22% |
| Cash | € 125,990 | € 132,423 | € 138,727 | € 78,878 | ▼ 43% |
| Retained profit | € 136,628 | € 183,106 | € 214,827 | € 158,720 | ▼ 26% |
| Dividend | € 12,750 | € 0 | € 0 | € 12,632 | |
| Bank debt | € 0 | € 64,443 | € 49,416 | € 24,754 | ▼ 50% |
| Balance sheet total | € 254,632 | € 346,577 | € 308,829 | € 236,311 | ▼ 23% |
Key figures of ELATO, 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 ELATO?
What happened at ELATO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 43,475 (▼ € 75,196 vs 2024). Source: NBB ↗
- Matthias Elaerts became a director. NBB
- New establishment in Keerbergen. KBO
- Johan Elaerts became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 67,048 profit in 2022 to € 43,475 loss in 2025.
Paid € 48,311 in corporate taxes since 2022.
Best year ever: 2022, with € 67,048 profit.
Paid out € 25,382 in dividends to the owners in total.
Management
Behind ELATO are Matthias Elaerts and Johan Elaerts.
Directors
According to the 2025 annual accounts
Matthias Elaerts
Director
since 2021
Johan Elaerts
Director
since 2010
Establishments
Establishment units
Physical locations of this company
Putsebaan 238 box B
3140 Keerbergen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0830.328.512
- VAT number
- BE 0830.328.512
- Registered office
- Putsebaan 238 bus B, 3140 Keerbergen
- Names & denominations
- ELATO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 October 2010
- Peppol
- Active · Active since 3 Sept 2026
- Activities · NACE
Algemene elektrotechnische installatiewerken
Beveiligingsactiviteiten, neg
Sanitaire werkzaamheden
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Diensten in verband met beveiligingssystemen