ACTIVE

ELOTEC

Financial year 2025 · closed on 31/03/2025
Net result
164,6 k €
+66.9% YoY
Gross margin
705,9 k €
+19.0% YoY
Equity
909,5 k €
+8.0% YoY
Workforce
5,8 ETP
+9.4% YoY

What does ELOTEC do?

ELOTEC is a Public limited company incorporated in 1994. Its registered office is in Hoogstraten. It employs on average 5,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0453.433.032
Incorporation
16/09/1994
Legal form
Public limited company
Registered office
Van Aertselaerstraat 42
2320 Hoogstraten · FlandreSee on map
Contributed capital
90 000,00 €
Latest accounts
31/03/2025
Average workforce
5,8 ETP
Joint committees (3)
  • 14901
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021202020192018201720162015201420132012201120102009
Income statement
Gross margin705,9 k €593,4 k €454,9 k €554,1 k €474,1 k €500,1 k €553,8 k €504,6 k €565 k €546,3 k €540,7 k €525 k €621,2 k €462,7 k €435,1 k €497,2 k €480,6 k €
EBITDA318,3 k €211,7 k €141,3 k €221,9 k €190,8 k €187,9 k €208,8 k €105,4 k €157,3 k €128,9 k €159,3 k €134,9 k €264,4 k €143,3 k €160,9 k €211,2 k €215,8 k €
Operating result256,1 k €165,8 k €105,8 k €187,9 k €157,2 k €153,5 k €168,9 k €60,6 k €106,1 k €76,3 k €113,1 k €79,8 k €157,6 k €-25,1 k €129,3 k €171,6 k €177,5 k €
Net result164,6 k €98,6 k €64,8 k €111 k €92,6 k €87,7 k €96,5 k €19,6 k €44,9 k €25,7 k €42,2 k €31 k €97,4 k €-42,7 k €250,4 k €102,4 k €101,9 k €
Balance sheet
Equity909,5 k €841,9 k €766,4 k €746,6 k €775,6 k €683 k €765,1 k €668,6 k €649 k €660,1 k €634,4 k €592,3 k €596,1 k €498,7 k €541,4 k €291 k €328,6 k €
Total assets1,4 M €1,3 M €1,4 M €1,4 M €1,3 M €1,4 M €1,4 M €1,4 M €1,4 M €1,5 M €1,5 M €1,5 M €1,6 M €1,3 M €941,3 k €888,3 k €834,6 k €
Cash312,9 k €166,3 k €294,5 k €270,2 k €183,7 k €332,1 k €169 k €188 k €122,7 k €212,1 k €302,9 k €174,4 k €185,8 k €178 k €446,2 k €274,4 k €159,9 k €
Debts444,7 k €395 k €545,3 k €546,3 k €435,3 k €678,8 k €555 k €620,3 k €647,6 k €794,2 k €798,3 k €845,2 k €915 k €695,6 k €307,9 k €597,3 k €505,9 k €
Other
Workforce5,8 ETP5,3 ETP4,6 ETP5,3 ETP4,7 ETP5,3 ETP5,8 ETP6,3 ETP6,8 ETP6,2 ETP6,8 ETP6,8 ETP6,8 ETP5,6 ETP5,6 ETP5,7 ETP5,9 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/03/2025 · 2 active · 6 ended

Active mandates

Jan STOFFELS

Director · since 15 septembre 2023 · until 15 septembre 2029

Active
Marc BROSENS

Director · since 15 septembre 2023 · until 15 septembre 2029

Active

Ended mandates

Jan STOFFELS

Director · since 15 septembre 2017 · until 15 septembre 2023

Ended
Marc BROSENS

Director · since 15 septembre 2017 · until 15 septembre 2023

Ended
Jan STOFFELS

Director · since 15 septembre 2011 · until 15 septembre 2017

Ended
Marc BROSENS

Director · since 15 septembre 2011 · until 15 septembre 2017

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date22/09/202517/09/202418/09/202321/10/202212/10/202108/10/2020
General meeting15/09/202516/09/202415/09/202315/09/202215/09/202115/09/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/202515/09/202522/09/2025DutchPDF
Abridged model31/03/202416/09/202417/09/2024DutchPDF
Abridged model31/03/202315/09/202318/09/2023DutchPDF
Abridged model31/03/202215/09/202221/10/2022DutchPDF
Abridged model31/03/202115/09/202112/10/2021DutchPDF
Abridged model31/03/202015/09/202008/10/2020DutchPDF
Abridged model31/03/201915/09/201921/10/2019DutchPDF
Abridged model31/03/201815/09/201808/10/2018DutchPDF
Abridged model31/03/201715/09/201706/10/2017DutchPDF
Abridged model31/03/201615/09/201622/09/2016DutchPDF
Abridged model31/03/201515/09/201505/10/2015DutchPDF
Abridged model31/03/201415/09/201425/09/2014DutchPDF
Abridged model31/03/201315/09/201324/09/2013DutchPDF
Abridged model31/03/201215/09/201202/10/2012DutchPDF
Abridged model31/03/201115/09/201128/09/2011DutchPDF
Abridged model31/03/201030/09/201004/10/2010DutchPDF
Abridged model31/03/200915/09/200923/09/2009DutchPDF
Abridged model31/03/200815/09/200801/10/2008DutchPDF
Abridged model31/03/200715/09/200724/09/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

Seen on filing of 31/03/2025 · 2 active · 6 ended

Active mandates

Jan STOFFELS

Director · since 15 septembre 2023 · until 15 septembre 2029

Active
Marc BROSENS

Director · since 15 septembre 2023 · until 15 septembre 2029

Active

Ended mandates

Jan STOFFELS

Director · since 15 septembre 2017 · until 15 septembre 2023

Ended
Marc BROSENS

Director · since 15 septembre 2017 · until 15 septembre 2023

Ended
Jan STOFFELS

Director · since 15 septembre 2011 · until 15 septembre 2017

Ended
Marc BROSENS

Director · since 15 septembre 2011 · until 15 septembre 2017

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates14/12/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares12/02/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates23/10/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares02/05/2014
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares16/01/2012
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates10/10/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/09/2005
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025164,6 k €
  2. 2024
    Annual accounts 202498,6 k €
  3. 2023
    Annual accounts 202364,8 k €
  4. 2022
    Annual accounts 2022111 k €
  5. 2021
    Annual accounts 202192,6 k €
  6. 2020
    Annual accounts 202087,7 k €
  7. 2019
    Annual accounts 201996,5 k €
  8. 2018
    Annual accounts 201819,6 k €
  9. 2017
    Annual accounts 201744,9 k €
  10. 2016
    Annual accounts 201625,7 k €
  11. 2015
    Annual accounts 201542,2 k €
  12. 2014
    Annual accounts 201431 k €
  13. 2013
    Annual accounts 201397,4 k €
  14. 2012
    Annual accounts 2012-42,7 k €
  15. 2011
    Annual accounts 2011250,4 k €
  16. 2010
    Annual accounts 2010102,4 k €
  17. 2009
    Annual accounts 2009101,9 k €
  18. 16/09/1994
    IncorporationPublic limited company