ACTIVE

ELRO

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Financial year 2025 · Closed on 31/12/2025

Net result975,3 k €-48,5 %over 1 year

Gross margin155,2 k €+8,2 %over 1 year

Equity25,9 M €+3,9 %over 1 year

Workforce0,0 ETP

Identity

Source · BCE/KBO

ELRO is a Public limited company incorporated in 1996. Its registered office is in Pelt.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0459.421.296
Incorporation: 11/12/1996
Legal form: Public limited company
Registered office: Tisselrietweg 2
3910 Pelt · FlandreSee on map
Contributed capital: 8 975 061,17 €
Latest accounts: 31/12/2025
Average workforce: 0,0 ETP

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 17 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	155,2 k €	+8.2%	143,5 k €	+11.9%	128,2 k €	+48.1%	86,6 k €	-0.9%	87,4 k €
EBITDA	133,4 k €	+3.1%	129,3 k €	+12.5%	115 k €	+55.9%	73,8 k €	+3.6%	71,2 k €
Operating result	-417,3 k €	-12940%	3,3 k €	+135%	-9,2 k €	-13.8%	-8,1 k €	+24.2%	-10,7 k €
Net result	975,3 k €	-48.5%	1,9 M €	+84.0%	1 M €	-72.5%	3,7 M €	+91.7%	1,9 M €
Balance sheet
Equity	25,9 M €	+3.9%	24,9 M €	+8.2%	23 M €	-1.1%	23,3 M €	+19.1%	19,5 M €
Total assets	28,3 M €	+9.9%	25,8 M €	+5.2%	24,5 M €	-2.1%	25 M €	+19.6%	20,9 M €
Cash	415,9 k €	-26.1%	563,1 k €	-55.4%	1,3 M €	+14.6%	1,1 M €	-66.2%	3,3 M €
Debts	2,5 M €	+174%	902,3 k €	-40.5%	1,5 M €	-15.0%	1,8 M €	+26.3%	1,4 M €
Other
Workforce	0,0 ETP		–		–		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Ronny Hendrikx	Managing directorsince 28/11/1996Bestuurder12/11/2020 → 2023 accountsendedDirector12/11/2020 → 2020 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Elisabeth Aarts	Director23/10/2014 → 2017 accounts
HR VLIEGENRAMEN EN -DEUREN0461.145.720Represented by Ronny Hendrikx	Director23/10/2014 → 2018 accounts
Els Aarts	Director06/10/2014 → 2019 accounts

Other companies at this address

Tisselrietweg 2 3910 Pelt

Company	CBE no.
HR CASH● Active	0721.881.522
HR IMMO● Active	0721.881.324

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	16/06/2026	19/06/2025	24/06/2024	22/06/2023	04/07/2022	03/06/2021
General meeting	15/06/2026	16/06/2025	04/06/2024	06/06/2023	07/06/2022	01/06/2021
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, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	15/06/2026	16/06/2026	Dutch	PDF
Abridged model	31/12/2024	16/06/2025	19/06/2025	Dutch	PDF
Abridged model	31/12/2023	04/06/2024	24/06/2024	Dutch	PDF
Abridged model	31/12/2022	06/06/2023	22/06/2023	Dutch	PDF
Abridged model	31/12/2021	07/06/2022	04/07/2022	Dutch	PDF
Abridged model	31/12/2020	01/06/2021	03/06/2021	Dutch	PDF
Abridged model	31/12/2019	02/06/2020	09/07/2020	Dutch	PDF
Abridged model	31/12/2018	04/06/2019	19/07/2019	Dutch	PDF
Abridged model	31/12/2017	05/06/2018	22/06/2018	Dutch	PDF
Abridged model	31/12/2016	06/06/2017	03/08/2017	Dutch	PDF
Abridged model	31/12/2015	07/06/2016	12/07/2016	Dutch	PDF
Abridged model	31/12/2014	24/04/2015	21/08/2015	Dutch	PDF
Abridged model	31/12/2013	03/06/2014	04/06/2014	Dutch	PDF
Abridged model	31/12/2012	04/06/2013	24/06/2013	Dutch	PDF
Abridged model	31/12/2011	05/06/2012	29/06/2012	Dutch	PDF
Abridged model	31/12/2010	07/06/2011	22/06/2011	Dutch	PDF
Abridged model	31/12/2009	08/06/2010	24/06/2010	Dutch	PDF
Abridged model	31/12/2008	02/06/2009	24/07/2009	Dutch	PDF
Abridged model	31/12/2007	03/06/2008	12/08/2008	Dutch	PDF
Abridged model	31/12/2006	05/06/2007	27/07/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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

1 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Ronny Hendrikx	Managing directorsince 28/11/1996Bestuurder12/11/2020 → 2023 accountsendedDirector12/11/2020 → 2020 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Elisabeth Aarts	Director23/10/2014 → 2017 accounts
HR VLIEGENRAMEN EN -DEUREN0461.145.720Represented by Ronny Hendrikx	Director23/10/2014 → 2018 accounts
Els Aarts	Director06/10/2014 → 2019 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates15/12/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/11/2014
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares08/01/2013
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates20/09/2010
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares03/08/2005
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates04/10/2002
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings17 filings

Mandates

Ronny Hendrikx

HR VLIEGENRAMEN EN -DEUREN

Elisabeth Aarts

Els Aarts

Matthijs Hendrikx

1996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

ELRO

Tisselrietweg 2, 3910 Neerpelt

Managing directorBestuurder

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Tisselrietweg 2, 3910 NeerpeltCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00165749

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
ELROCurrent	accounts 2006 → 2025	Accounts 2025 · 2026-00165749

Events

2025
Annual accounts 2025975,3 k €↓
2024
Annual accounts 20241,9 M €↑
2023
Annual accounts 20231 M €↓
2022
Annual accounts 20223,7 M €↑
2021
Annual accounts 20211,9 M €↑
2017
Annual accounts 20171,3 M €↓
2016
Annual accounts 20161,5 M €↑
2015
Annual accounts 20151,4 M €↑
2014
Annual accounts 2014-5,7 k €↑
2013
Annual accounts 2013-25,7 k €↓
2012
Annual accounts 20121,8 k €↑
2011
Annual accounts 2011-17,1 k €↓
2010
Annual accounts 20104,6 k €↓
2009
Annual accounts 20096,7 k €↓
2008
Annual accounts 200857,4 k €↑
2007
Annual accounts 20076,8 k €↓
2006
Annual accounts 20067,9 k €
11/12/1996
IncorporationPublic limited company

ELRO

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

Registered offices

Company names

Events