Financials
Financial year 2025
ELKO-TECH from Merelbeke-Melle, company number BE0877846733, closed financial year 2025 with a result of € 52,644 after tax. For that financial year ELKO-TECH recorded a gross margin of € 136,920 and equity of € 374,119. Compared with financial year 2024, the result moved from € 19,749 to € 52,644. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 23, 2025.
€ 374,119
▲ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 52,644
▲ 167% vs 2024
Profit after tax over the fiscal year.
€ 110,173
▲ 95% 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 € 355,519.
People and assets in 2025
€ 338
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 74,134
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 270,883
▼ 15% vs 2024
€ 49,308 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 33,528
▼ 46% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 19,606
▲ € 19,341 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 | € 94,124 | € 100,612 | € 80,324 | € 136,920 | ▲ 70% |
| Profit after taxes | € 32,758 | € 35,704 | € 19,749 | € 52,644 | ▲ 167% |
| Equity | € 292,821 | € 301,726 | € 321,475 | € 374,119 | ▲ 16% |
| Total debts | € 378,262 | € 351,881 | € 384,440 | € 326,707 | ▼ 15% |
| Cash | € 59,927 | € 74,977 | € 56,446 | € 110,173 | ▲ 95% |
| Land & buildings | € 407,331 | € 394,857 | € 377,942 | € 372,371 | ▼ 1% |
| Retained profit | € 274,221 | € 283,126 | € 302,875 | € 355,519 | ▲ 17% |
| Dividend | € 0 | € 26,799 | € 0 | € 0 | |
| Bank debt | € 343,734 | € 307,413 | € 318,653 | € 270,883 | ▼ 15% |
| Balance sheet total | € 671,083 | € 653,607 | € 705,915 | € 700,825 | ▼ 1% |
Key figures of ELKO-TECH, 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 October 2026.
What happened to ELKO-TECH?
What happened at ELKO-TECH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 52,644 (▲ 167% vs 2024). Source: NBB ↗
- New establishment in Merelbeke-Melle. KBO
- New establishment in Merelbeke-Melle. KBO
- Koen De Bruyne became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 32,758 profit in 2022 to € 52,644 profit in 2025.
Paid € 54,746 in corporate taxes since 2022.
Best year ever: 2025, with € 52,644 profit.
Paid out € 26,799 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
Koen De Bruyne
Director
since 2005
Establishments
Establishment units
Physical locations of this company
Neringsweg 8
9820 Merelbeke-Melle
Lindestraat 17
9090 Merelbeke-Melle
Active since 30 December 2005
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0877.846.733
- VAT number
- BE 0877.846.733
- Registered office
- Neringsweg 8, 9820 Merelbeke-Melle
- Names & denominations
- ELKO-TECH
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 December 2005
- Peppol
- Active · Active since 30 Jan 2025
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