ACTIVE

ELRO

Financial year 2025 · closed on 31/12/2025
Net result
975,3 k €
-48.5% YoY
Gross margin
155,2 k €
+8.2% YoY
Equity
25,9 M €
+3.9% YoY
Workforce
0,0 ETP

What does ELRO do?

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
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021201720162015201420132012201120102009200820072006
Income statement
Gross margin155,2 k €143,5 k €128,2 k €86,6 k €87,4 k €134 k €144,2 k €1,5 M €48,1 k €46,9 k €50,8 k €47,6 k €45,2 k €44,3 k €33,3 k €40,3 k €41,9 k €
EBITDA133,4 k €129,3 k €115 k €73,8 k €71,2 k €109,5 k €135,2 k €1,5 M €43,2 k €42,2 k €46,6 k €44,2 k €42 k €41 k €30,5 k €37,5 k €39,2 k €
Operating result-417,3 k €3,3 k €-9,2 k €-8,1 k €-10,7 k €42,7 k €63,8 k €1,4 M €-1,2 k €-2,2 k €7,6 k €12,1 k €16,3 k €17 k €9,2 k €16,4 k €18,3 k €
Net result975,3 k €1,9 M €1 M €3,7 M €1,9 M €1,3 M €1,5 M €1,4 M €-5,7 k €-25,7 k €1,8 k €-17,1 k €4,6 k €6,7 k €57,4 k €6,8 k €7,9 k €
Balance sheet
Equity25,9 M €24,9 M €23 M €23,3 M €19,5 M €13,2 M €11,9 M €10,3 M €9 M €499,5 k €525,3 k €85,4 k €102,5 k €98 k €91,2 k €33,8 k €27 k €
Total assets28,3 M €25,8 M €24,5 M €25 M €20,9 M €14,4 M €13 M €11,5 M €9,7 M €1,2 M €1,1 M €1,1 M €810,7 k €472 k €483,3 k €431,1 k €442,1 k €
Cash415,9 k €563,1 k €1,3 M €1,1 M €3,3 M €2,4 M €1,5 M €482,3 k €55,1 k €34,1 k €80,9 k €1,1 k €68,5 k €14,6 k €11,2 k €25,1 k €17,1 k €
Debts2,5 M €902,3 k €1,5 M €1,8 M €1,4 M €1,3 M €1,2 M €1,2 M €723,6 k €741,3 k €569,6 k €988,4 k €708,2 k €374 k €392,1 k €397,3 k €415 k €
Other
Workforce0,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 15 ended

Active mandates

Ronny Hendrikx

Managing director · since 28 novembre 1996

Active

Ended mandates

Ronny Hendrikx

Bestuurder · since 12 novembre 2020

Ended
Ronny Hendrikx

Director · since 12 novembre 2020

Ended
Elisabeth Aarts

Director · since 23 octobre 2014 · until 22 octobre 2020

Ended
HR VLIEGENRAMEN EN -DEUREN

Director · since 23 octobre 2014 · until 23 octobre 2020 · 0461.145.720

Represented by Ronny Hendrikx

Ended
At this address

Other companies at this address

CompanyCBE no.
HR CASHActive
0721.881.522
HR IMMOActive
0721.881.324
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date16/06/202619/06/202524/06/202422/06/202304/07/202203/06/2021
General meeting15/06/202616/06/202504/06/202406/06/202307/06/202201/06/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202515/06/202616/06/2026DutchPDF
Abridged model31/12/202416/06/202519/06/2025DutchPDF
Abridged model31/12/202304/06/202424/06/2024DutchPDF
Abridged model31/12/202206/06/202322/06/2023DutchPDF
Abridged model31/12/202107/06/202204/07/2022DutchPDF
Abridged model31/12/202001/06/202103/06/2021DutchPDF
Abridged model31/12/201902/06/202009/07/2020DutchPDF
Abridged model31/12/201804/06/201919/07/2019DutchPDF
Abridged model31/12/201705/06/201822/06/2018DutchPDF
Abridged model31/12/201606/06/201703/08/2017DutchPDF
Abridged model31/12/201507/06/201612/07/2016DutchPDF
Abridged model31/12/201424/04/201521/08/2015DutchPDF
Abridged model31/12/201303/06/201404/06/2014DutchPDF
Abridged model31/12/201204/06/201324/06/2013DutchPDF
Abridged model31/12/201105/06/201229/06/2012DutchPDF
Abridged model31/12/201007/06/201122/06/2011DutchPDF
Abridged model31/12/200908/06/201024/06/2010DutchPDF
Abridged model31/12/200802/06/200924/07/2009DutchPDF
Abridged model31/12/200703/06/200812/08/2008DutchPDF
Abridged model31/12/200605/06/200727/07/2007DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 15 ended

Active mandates

Ronny Hendrikx

Managing director · since 28 novembre 1996

Active

Ended mandates

Ronny Hendrikx

Bestuurder · since 12 novembre 2020

Ended
Ronny Hendrikx

Director · since 12 novembre 2020

Ended
Elisabeth Aarts

Director · since 23 octobre 2014 · until 22 octobre 2020

Ended
HR VLIEGENRAMEN EN -DEUREN

Director · since 23 octobre 2014 · until 23 octobre 2020 · 0461.145.720

Represented by Ronny Hendrikx

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • 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

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 2025975,3 k €
  2. 2024
    Annual accounts 20241,9 M €
  3. 2023
    Annual accounts 20231 M €
  4. 2022
    Annual accounts 20223,7 M €
  5. 2021
    Annual accounts 20211,9 M €
  6. 2017
    Annual accounts 20171,3 M €
  7. 2016
    Annual accounts 20161,5 M €
  8. 2015
    Annual accounts 20151,4 M €
  9. 2014
    Annual accounts 2014-5,7 k €
  10. 2013
    Annual accounts 2013-25,7 k €
  11. 2012
    Annual accounts 20121,8 k €
  12. 2011
    Annual accounts 2011-17,1 k €
  13. 2010
    Annual accounts 20104,6 k €
  14. 2009
    Annual accounts 20096,7 k €
  15. 2008
    Annual accounts 200857,4 k €
  16. 2007
    Annual accounts 20076,8 k €
  17. 2006
    Annual accounts 20067,9 k €
  18. 11/12/1996
    IncorporationPublic limited company