Financials
Financial year 2025
ELCOS from Zandhoven, company number BE0879259666, closed financial year 2025 with a result of € 926,338 after tax. For that financial year ELCOS recorded a gross margin of € 1.7 million and equity of € 2.9 million. Compared with financial year 2024, the result moved from € 1 million to € 926,338. The company is profitable. 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 May 27, 2026.
€ 2.9 million
▲ 37% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 926,338
▼ 9% vs 2024
Profit after tax over the fiscal year.
€ 2.2 million
▲ 35% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 120,000 paid out
13 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
4
▲ 1.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 375,216
▲ 39% vs 2024
€ 93,800 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.
€ 91,251
▲ 48% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 15,027
▼ 89% vs 2024
Loans from banks and other lenders, long and short.
€ 306,458
▼ 32% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 144,764
▲ 224% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 458,774 | € 862,137 | € 1,614,262 | € 1,688,012 | ▲ 5% |
| Profit after taxes | € 106,926 | € 278,041 | € 1,013,542 | € 926,338 | ▼ 9% |
| Equity | € 1,184,081 | € 1,470,067 | € 2,116,808 | € 2,901,346 | ▲ 37% |
| Total debts | € 758,188 | € 780,997 | € 1,026,314 | € 606,250 | ▼ 41% |
| Cash | € 512,415 | € 752,059 | € 1,595,459 | € 2,154,793 | ▲ 35% |
| Land & buildings | € 437,567 | € 421,655 | € 405,743 | € 389,831 | ▼ 4% |
| Retained profit | € 1,165,531 | € 1,443,572 | € 2,092,114 | € 2,878,452 | ▲ 38% |
| Dividend | € 0 | € 0 | € 350,000 | € 120,000 | ▼ 66% |
| Bank debt | € 212,041 | € 177,389 | € 141,872 | € 15,027 | ▼ 89% |
| Balance sheet total | € 1,942,269 | € 2,251,063 | € 3,143,123 | € 3,507,596 | ▲ 12% |
| Employees (FTE) | 3 | 2.9 | 2.8 | 4 | ▲ 1.2 |
Key figures of ELCOS, 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 ELCOS?
What happened at ELCOS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 926,338 (▼ 9% vs 2024). Source: NBB ↗
- Elmafin Services NV became a director. NBB
- Edward Barbé became a director. NBB
- New establishment in Zandhoven. KBO
- Start of the company according to the CBE. KBO
In short
From € 106,926 profit in 2022 to € 926,338 profit in 2025.
Paid € 638,771 in corporate taxes since 2022.
Best year ever: 2024, with € 1 million profit.
On average € 422,000 of value added per employee in 2025.
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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
Behind ELCOS are Edward Barbé and Elmafin Services NV.
Directors
According to the 2025 annual accounts
Edward Barbé
Director
since 2012
Director · represented by Laurens Barbé
since 2017
Establishments
Establishment units
Physical locations of this company
Zagerijstraat 24
2240 Zandhoven
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0879.259.666
- VAT number
- BE 0879.259.666
- Registered office
- Zagerijstraat 24, 2240 Zandhoven
- Names & denominations
- ELCOS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 February 2006
- Peppol
- Active · Active since 23 May 2025
- Activities · NACE
Groothandel in elektrisch materiaal, inclusief installatiemateriaal
Handelsbemiddeling in de groothandel in machines, apparaten en werktuigen voor de industrie en in schepen en luchtvaartuigen
Handelsbemiddeling in machines, apparaten en werktuigen voor de industrie en in schepen en luchtvaartuigen
Groothandel in elektrisch materiaal inclusief installatiemateriaal