Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 2.4 to 1.2.
Financials
Financial year 2025
ELGO ELECTRICS from Peer, company number BE0841840333, closed financial year 2025 with a result of € 27,518 after tax. For that financial year ELGO ELECTRICS recorded a gross margin of € 159,754 and equity of € 429,627. Compared with financial year 2024, the result moved from € 29,454 to € 27,518. The company is profitable. 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 March 26, 2026.
€ 429,627
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 27,518
▼ 7% vs 2024
Profit after tax over the fiscal year.
€ 32,359
▼ 57% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 58,024 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
1.2
▼ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 38,431
▼ 28% vs 2024
€ 32,000 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.
€ 47,965
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 482,217
▼ 10% vs 2024
€ 60,517 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 60,693
▼ 41% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,475
▼ 48% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 157,311 | € 236,538 | € 169,912 | € 159,754 | ▼ 6% |
| Profit after taxes | € 32,781 | € 86,029 | € 29,454 | € 27,518 | ▼ 7% |
| Equity | € 344,651 | € 430,679 | € 460,133 | € 429,627 | ▼ 7% |
| Total debts | € 710,254 | € 738,498 | € 663,589 | € 605,623 | ▼ 9% |
| Cash | € 81,274 | € 71,773 | € 75,404 | € 32,359 | ▼ 57% |
| Land & buildings | € 731,171 | € 707,448 | € 685,850 | € 661,903 | ▼ 3% |
| Retained profit | € 338,451 | € 424,479 | € 453,933 | € 423,427 | ▼ 7% |
| Dividend | € 0 | € 0 | € 0 | € 58,024 | |
| Bank debt | € 587,386 | € 583,229 | € 537,466 | € 482,217 | ▼ 10% |
| Balance sheet total | € 1,054,905 | € 1,169,177 | € 1,123,722 | € 1,035,250 | ▼ 8% |
| Employees (FTE) | 2.4 | 2.4 | 1.9 | 1.2 | ▼ 0.7 |
Key figures of ELGO ELECTRICS, 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 ELGO ELECTRICS?
What happened at ELGO ELECTRICS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 27,518 (▼ 7% vs 2024). Source: NBB ↗
- Ann Van Den Berghen became a director. NBB
- New establishment in Peer. KBO
- Kevin Godderie became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 32,781 profit in 2022 to € 27,518 profit in 2025.
Paid € 52,260 in corporate taxes since 2022.
Best year ever: 2023, with € 86,029 profit.
On average € 133,100 of value added per employee in 2025.
A new publication or filing at ELGO ELECTRICS? We notify you, reason included.
Follow ELGO ELECTRICSDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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
Behind ELGO ELECTRICS are Kevin Godderie and Ann Van Den Berghen. The shares are held by Kevin Godderie, Jean-Pierre Godderie and Ann Van Den Berghen.
Directors
According to the 2025 annual accounts
Kevin Godderie
Director
Is a shareholder
since 2011
Ann Van Den Berghen
Director
Is a shareholder
since 2023
Shareholders
Kevin Godderie · director
Jean-Pierre Godderie
Ann Van Den Berghen · director
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Keitelweg 2105
3990 Peer
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
one.com Mail
Hosting
AS-VULTR - The Constant Company, LLC, US
Website info
Features
Security
Details
- Company number
- 0841.840.333
- VAT number
- BE 0841.840.333
- Registered office
- Keitelweg 2105, 3990 Peer
- Names & denominations
- ELGO ELECTRICS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 December 2011
- Peppol
- Active · Active since 22 Oct 2025
- Contact
- elgo.be
- Activities · NACE
Algemene elektrotechnische installatiewerken