Financials
Financial year 2025
EL TECH SH from Zelzate, company number BE0878649853, closed financial year 2025 with a result of € 63,350 after tax. For that financial year EL TECH SH recorded a gross margin of € 93,016 and equity of € 98,049. Compared with financial year 2024, the result moved from € 42,949 to € 63,350. 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 September 22, 2026.
€ 98,049
▲ 183% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 63,350
▲ 48% vs 2024
Profit after tax over the fiscal year.
€ 186
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 78,049.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 5,698
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 765
▲ 154% vs 2024
Loans from banks and other lenders, long and short.
€ 17,993
▲ 117% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 34,239
▲ 70% 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 | € 12,997 | € -24,765 | € 52,267 | € 93,016 | ▲ 78% |
| Profit after taxes | € 9,187 | € -26,817 | € 42,949 | € 63,350 | ▲ 48% |
| Equity | € 61,516 | € 34,699 | € 34,699 | € 98,049 | ▲ 183% |
| Total debts | € 2,648 | € 11,064 | € 58,729 | € 52,997 | ▼ 10% |
| Cash | € 7,526 | € 186 | € 186 | € 186 | |
| Retained profit | € 41,516 | € 14,699 | € 14,699 | € 78,049 | ▲ € 63,350 |
| Dividend | € 0 | € 0 | € 42,949 | € 0 | ▼ 100% |
| Bank debt | € 0 | € 981 | € 301 | € 765 | ▲ 154% |
| Balance sheet total | € 64,164 | € 45,762 | € 93,428 | € 151,046 | ▲ 62% |
Key figures of EL TECH SH, 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 EL TECH SH?
What happened at EL TECH SH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 63,350 (▲ 48% vs 2024). filed late Source: NBB ↗
- Mehmed Kotchanov became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,187 profit in 2022 to € 63,350 profit in 2025.
Paid € 29,905 in corporate taxes since 2022.
Best year ever: 2025, with € 63,350 profit.
Paid out € 42,949 in dividends to the owners in total.
A new publication or filing at EL TECH SH? We notify you, reason included.
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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
Mehmed Kotchanov
Director
since 2011
Establishments
Establishment units
Physical locations of this company
Koningin Astridlaan 29
9060 Zelzate
Bevrijdingslaan 228
9000 Gent
Active since 19 January 2006
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0878.649.853
- VAT number
- BE 0878.649.853
- Registered office
- Koningin Astridlaan 29, 9060 Zelzate
- Names & denominations
- EL TECH SH
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 January 2006
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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