ACTIVE

ELEX

Financial year 2025 · Closed on 31/12/2025

Net result253,7 M €+492,0 %over 1 year

Equity1,7 Md €+17,1 %over 1 year

Workforce4,5 ETP-16,7 %over 1 year

Identity

Source · BCE/KBO

ELEX is a Public limited company incorporated in 1980. Its main activity is: Activities of holding companies. Its registered office is in Sint-Truiden. It employs on average 4,5 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0421.226.161
Incorporation: 30/12/1980
Legal form: Public limited company
Registered office: Tiensesteenweg 168 box c204
3800 Sint-Truiden · FlandreSee on map
Contributed capital: 173 282 083,52 €
Latest accounts: 31/12/2025
Average workforce: 4,5 ETP

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 71121Engineering activities and related technical consultancy 71121Engineering activities and related technical consultancy 74203Photographic activities 70100Activities of head offices+1

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debts

Financials

Source · NBB, 25 filings

Trend over 17 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	–		–		–		9,1 k €		–
EBITDA	-2,4 M €	-22.3%	-1,9 M €	-50.1%	-1,3 M €	-51.3%	-848,4 k €	-1008%	-76,5 k €
Operating result	-2,4 M €	-21.9%	-1,9 M €	-49.1%	-1,3 M €	-50.5%	-862,5 k €	-819%	-93,9 k €
Net result	253,7 M €	+492%	-64,7 M €	-107%	965,2 M €	+1417%	63,6 M €	+119%	29 M €
Balance sheet
Equity	1,7 Md €	+17.1%	1,5 Md €	-4.2%	1,5 Md €	+166%	582,5 M €	+12.3%	518,9 M €
Total assets	2 Md €	+5.7%	1,9 Md €	+9.7%	1,8 Md €	+151%	703,1 M €	+19.1%	590,3 M €
Cash	120,7 M €	-39.7%	200,1 M €	+97.9%	101,1 M €	-3.2%	104,4 M €	+92.1%	54,3 M €
Debts	117,4 M €	-43.9%	209,2 M €	+104%	102,5 M €	+105%	49,9 M €	+492%	8,4 M €
Other
Workforce	4,5 ETP	-16.7%	5,4 ETP	-20.6%	6,8 ETP	-1.4%	6,9 ETP	+15.0%	6,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

more than 1.000 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 12 ended

Active mandates

RODERICK DUCHATELET

Director · since 22 août 2025 · until 05 novembre 2025

Active

ROLAND DUCHATELET

Director · since 22 août 2025 · until 16 mai 2031

Active

KATRIEN MEIRE

Director · since 15 mars 2022 · until 15 mars 2028

Active

LAURA DUCHATELET

Director · since 15 mars 2022 · until 15 mars 2028

Active

LIEVEN DE TURCK

Director · since 15 mars 2022 · until 15 mars 2028

Active

Ended mandates

RODERICK DUCHATELET

Director · since 28 juin 2019 · until 16 mai 2025

Ended

RODERICK DUCHATELET

Director · since 28 juin 2019 · until 22 août 2025

Ended

ROLAND DUCHATELET

Director · since 28 juin 2019 · until 16 mai 2025

Ended

ROLAND DUCHATELET

Director · since 28 juin 2019 · until 22 août 2025

Ended

Other companies at this address

Tiensesteenweg 168 3800 Sint-Truiden

Company	CBE no.
2 QURATIO● Active	0769.480.907
AGORA STAYEN BTW-EENHEID● Active	0534.582.737
BD-012● Active	1023.518.462
Cicindria Invest● Active	0842.797.366
DOKTERSPRAKTIJK MULLENERS● Bankrupt	0888.613.238
Duchatelet Future● Active	0784.713.271
Duchatelet works● Active	0785.719.893
EER● Active	0735.700.656
ESSMA Services● Active	0664.650.334
EUROPEAN SPORT VENUES GROUP● Active	0543.811.890
HOTEL STAYEN● Active	0477.632.750
I2Coach● Active	0649.445.286
IMMO 2 QURATIO● Active	0772.400.508
KONINKLIJKE SINT-TRUIDENSE VOETBALVERENIGING● Active	0845.049.251
Limburg Koerst !● Active	0669.532.206
OB-012● Active	1013.804.804
PREPIDEC● Active	0881.366.645
prosecurity● Active	0465.346.513
Securityland Holding● Active	0685.740.807
Securityland Projects● Active	0444.359.374

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	18/06/2026	25/08/2025	09/07/2024	18/09/2023	04/08/2022	14/07/2021
General meeting	17/06/2026	22/08/2025	28/06/2024	18/09/2023	20/07/2022	30/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 25 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	17/06/2026	18/06/2026	Dutch	PDF
Full model	31/12/2024	22/08/2025	25/08/2025	Dutch	PDF
Full model	31/12/2023	28/06/2024	09/07/2024	Dutch	PDF
Full model	31/12/2022	18/09/2023	18/09/2023	Dutch	PDF
Full model	31/12/2021	20/07/2022	04/08/2022	Dutch	PDF
Full model	31/12/2020	30/06/2021	14/07/2021	Dutch	PDF
Full model	31/12/2019	26/06/2020	23/07/2020	Dutch	PDF
Full model	31/12/2018	28/06/2019	28/06/2019	Dutch	PDF
Full model	31/12/2017	29/06/2018	30/07/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	10/07/2017	Dutch	PDF
Full model	31/12/2015	24/06/2016	27/06/2016	Dutch	PDF
Consolidated accounts	31/12/2015	17/02/2017	17/01/2018	Dutch	PDF
Full model	31/12/2014	26/06/2015	02/07/2015	Dutch	PDF
Consolidated accounts	31/12/2014	17/02/2016	01/04/2016	Dutch	PDF
Full model	31/12/2013	27/06/2014	24/07/2014	Dutch	PDF
Consolidated accounts	31/12/2013	13/02/2015	20/04/2015	Dutch	PDF
Full model	31/12/2012	28/06/2013	12/07/2013	Dutch	PDF
Full model	31/12/2011	28/06/2012	10/07/2012	Dutch	PDF
Full model	31/12/2010	28/06/2011	03/10/2011	Dutch	PDF
Full model	31/12/2009	25/06/2010	28/06/2010	Dutch	PDF
Consolidated accounts	31/12/2009	01/01/9999	03/08/2010	Dutch	PDF
Full model	31/12/2008	21/08/2009	19/11/2009	Dutch	PDF
Full model	31/12/2007	26/07/2009	19/11/2009	Dutch	PDF
Full modelCorrection	31/12/2006	08/06/2007	22/06/2009	Dutch	PDF
Full model	31/12/2006	08/06/2007	18/09/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

more than 1.000 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 12 ended

Active mandates

RODERICK DUCHATELET

Director · since 22 août 2025 · until 05 novembre 2025

Active

ROLAND DUCHATELET

Director · since 22 août 2025 · until 16 mai 2031

Active

KATRIEN MEIRE

Director · since 15 mars 2022 · until 15 mars 2028

Active

LAURA DUCHATELET

Director · since 15 mars 2022 · until 15 mars 2028

Active

LIEVEN DE TURCK

Director · since 15 mars 2022 · until 15 mars 2028

Active

Ended mandates

RODERICK DUCHATELET

Director · since 28 juin 2019 · until 16 mai 2025

Ended

RODERICK DUCHATELET

Director · since 28 juin 2019 · until 22 août 2025

Ended

ROLAND DUCHATELET

Director · since 28 juin 2019 · until 16 mai 2025

Ended

ROLAND DUCHATELET

Director · since 28 juin 2019 · until 22 août 2025

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates26/11/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/11/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/04/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/09/2023
ONTSLAGEN - BENOEMINGEN
PDF
Registered office09/06/2022
MAATSCHAPPELIJKE ZETEL
PDF
Mandates08/04/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/09/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/01/2017
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

2025
Annual accounts 2025253,7 M €↑
22/08/2025
reconductionRoderick Duchâtelet — bestuurder
22/08/2025
reconductionRoland Duchâtelet — gedelegeerd bestuurder
2024
Annual accounts 2024-64,7 M €↓
2023
Annual accounts 2023965,2 M €↑
2022
Annual accounts 202263,6 M €↑
09/11/2022
reconductionBDO Bedrijfsrevisoren Burg.Ven. CVBA — commissaris
2021
Annual accounts 202129 M €↑
2020
Annual accounts 202019,3 M €↑
2019
Annual accounts 201911,2 M €↓
2018
Annual accounts 201819,4 M €↓
2017
Annual accounts 201719,5 M €↓
2016
Annual accounts 201620,1 M €↑
2015
Annual accounts 2015-4,5 M €↓
2014
Annual accounts 201410,7 M €↑
2013
Annual accounts 2013-4,7 M €↑
2012
Annual accounts 2012-15,3 M €↓
2011
Annual accounts 2011173,7 M €↑
2010
Annual accounts 201021,7 M €↑
2008
Annual accounts 2008-44,8 M €
30/12/1980
IncorporationPublic limited company

ELEX

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline