ACTIVE

ELGRO

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Financial year 2025 · closed on 31/03/2025

Net result

228,1 k €

-9.5% YoY

Gross margin

601,4 k €

-4.6% YoY

Equity

1,4 M €

-1.5% YoY

Workforce

4,2 ETP

+5.0% YoY

What does ELGRO do?

ELGRO is a Private limited company incorporated in 2007. Its main activity is: Wholesale of electrical household appliances. Its registered office is in Lommel. It employs on average 4,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0887.609.881

Incorporation

01/03/2007

Legal form

Private limited company

Registered office

Norbert Neeckxlaan 103
3920 Lommel · FlandreSee on map

Contributed capital

20 000,00 €

Latest accounts

31/03/2025

Average workforce

4,2 ETP

Activities (NACE)

46431Wholesale of electrical household appliances· main 46431Wholesale of electrical household appliances 51430Air transport 43211Electrical installation 43211Electrical installation 45310Wholesale trade of motor vehicle parts and accessories+3

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	601,4 k €	-4.6%	630,5 k €	-6.7%	675,5 k €	-0.4%	678,1 k €	+9.2%	621 k €	+21.4%	511,4 k €	+13.7%	449,8 k €	+32.3%	339,9 k €	-15.5%	402,5 k €	+27.0%	316,9 k €	-3.0%	326,7 k €	+11.5%	293,1 k €	-6.4%	313,3 k €	+48.2%	211,4 k €	+3.2%	204,8 k €	+1.2%	202,3 k €
EBITDA	332 k €	-9.9%	368,7 k €	-12.7%	422,4 k €	-5.8%	448,3 k €	+8.0%	415,2 k €	+26.6%	327,9 k €	+8.3%	302,6 k €	+41.0%	214,6 k €	-19.4%	266,2 k €	+60.6%	165,8 k €	-8.4%	180,9 k €	+3.5%	174,8 k €	-21.2%	221,6 k €	+97.6%	112,2 k €	+4.5%	107,4 k €	+4.2%	103 k €
Operating result	290 k €	-10.4%	323,6 k €	-18.1%	394,9 k €	-4.9%	415,3 k €	+19.6%	347,3 k €	+30.4%	266,4 k €	+11.9%	238,1 k €	+40.9%	168,9 k €	-20.6%	212,9 k €	+103%	104,7 k €	-5.4%	110,6 k €	-2.8%	113,8 k €	-30.9%	164,8 k €	+136%	69,7 k €	-1.4%	70,7 k €	-10.6%	79,1 k €
Net result	228,1 k €	-9.5%	252 k €	-15.6%	298,5 k €	-4.1%	311,3 k €	+25.6%	247,9 k €	+41.2%	175,6 k €	+12.0%	156,8 k €	+42.2%	110,2 k €	-20.3%	138,4 k €	+82.8%	75,7 k €	-7.2%	81,5 k €	+62.9%	50 k €	-62.0%	131,8 k €	+192%	45,2 k €	+12.7%	40,1 k €	-4.8%	42,1 k €
Balance sheet
Equity	1,4 M €	-1.5%	1,5 M €	-10.6%	1,6 M €	+5.6%	1,5 M €	+51.7%	1 M €	+32.3%	767,4 k €	-11.0%	861,8 k €	+22.2%	705 k €	+18.5%	594,8 k €	+30.3%	456,4 k €	+11.1%	410,7 k €	+24.8%	329,2 k €	+17.9%	279,1 k €	+89.5%	147,3 k €	+44.2%	102,2 k €	+64.5%	62,1 k €
Total assets	1,8 M €	-2.1%	1,9 M €	+5.2%	1,8 M €	+5.5%	1,7 M €	+45.8%	1,2 M €	-1.0%	1,2 M €	+21.3%	969,4 k €	+4.2%	929,9 k €	-16.5%	1,1 M €	+21.5%	917 k €	-12.3%	1 M €	+2.1%	1 M €	+6.5%	961,2 k €	-2.8%	988,9 k €	+5.1%	941,2 k €	-9.4%	1 M €
Cash	915,4 k €	-5.6%	970,2 k €	+11.4%	870,6 k €	-12.3%	992,4 k €	+67.1%	593,8 k €	+103%	292,9 k €	-12.8%	336,1 k €	-0.4%	337,5 k €	-44.7%	610,3 k €	+141%	253,1 k €	+317%	60,7 k €	-39.6%	100,5 k €	+43.8%	69,8 k €	+99.6%	35 k €	-57.6%	82,5 k €	+56.2%	52,8 k €
Debts	410 k €	-4.4%	428,9 k €	+162%	163,4 k €	+4.7%	156,1 k €	+5.3%	148,3 k €	-63.7%	408,5 k €	+283%	106,7 k €	-52.0%	222 k €	-56.9%	514,8 k €	+13.4%	454 k €	-27.5%	626,4 k €	-8.6%	685,4 k €	+1.4%	676,3 k €	-19.0%	835,1 k €	+0.4%	831,5 k €	-14.3%	970,1 k €
Other
Workforce	4,2 ETP	+5.0%	4,0 ETP	-7.0%	4,3 ETP	-4.4%	4,5 ETP	+9.8%	4,1 ETP	+7.9%	3,8 ETP	+26.7%	3,0 ETP	+15.4%	2,6 ETP	-10.3%	2,9 ETP	-6.5%	3,1 ETP	0.0%	3,1 ETP	+6.9%	2,9 ETP	+38.1%	2,1 ETP	-4.5%	2,2 ETP	-4.3%	2,3 ETP	+43.7%	1,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/03/2025 · 2 active · 4 ended

Active mandates

BART VAN BOGGET

Director · since 20 septembre 2023

Active

ROEL VAN BOGGET

Director · since 20 septembre 2023

Active

Ended mandates

Bart Van Bogget

Director · since 26 février 2007

Ended

Bart Van Bogget

Manager · since 26 février 2007

Ended

Roel Van Bogget

Director · since 26 février 2007

Ended

Roel Van Bogget

Manager · since 26 février 2007

Ended

Annual accounts

Full financial information

	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	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	14/10/2025	29/11/2024	24/10/2023	02/11/2022	14/10/2021	13/10/2020
General meeting	26/09/2025	27/11/2024	29/09/2023	28/10/2022	17/09/2021	18/09/2020
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

Ratios

Financial ratios

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Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/03/2025	26/09/2025	14/10/2025	Dutch	PDF
Abridged model	31/03/2024	27/11/2024	29/11/2024	Dutch	PDF
Abridged model	31/03/2023	29/09/2023	24/10/2023	Dutch	PDF
Abridged model	31/03/2022	28/10/2022	02/11/2022	Dutch	PDF
Abridged model	31/03/2021	17/09/2021	14/10/2021	Dutch	PDF
Abridged model	31/03/2020	18/09/2020	13/10/2020	Dutch	PDF
Abridged model	31/03/2019	20/09/2019	04/11/2019	Dutch	PDF
Abridged model	31/03/2018	21/09/2018	29/10/2018	Dutch	PDF
Abridged model	31/03/2017	15/09/2017	25/10/2017	Dutch	PDF
Abridged model	31/03/2016	16/09/2016	26/10/2016	Dutch	PDF
Abridged model	31/03/2015	18/09/2015	30/09/2015	Dutch	PDF
Abridged model	31/03/2014	19/09/2014	16/10/2014	Dutch	PDF
Abridged model	31/03/2013	20/09/2013	25/09/2013	Dutch	PDF
Abridged model	31/03/2012	21/09/2012	10/10/2012	Dutch	PDF
Abridged model	31/03/2011	16/09/2011	03/10/2011	Dutch	PDF
Abridged model	31/03/2010	17/09/2010	28/09/2010	Dutch	PDF
Abridged model	31/03/2009	18/09/2009	20/10/2009	Dutch	PDF
Abridged model	31/03/2008	19/09/2008	24/11/2008	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 · 4 ended

Active mandates

BART VAN BOGGET

Director · since 20 septembre 2023

Active

ROEL VAN BOGGET

Director · since 20 septembre 2023

Active

Ended mandates

Bart Van Bogget

Director · since 26 février 2007

Ended

Bart Van Bogget

Manager · since 26 février 2007

Ended

Roel Van Bogget

Director · since 26 février 2007

Ended

Roel Van Bogget

Manager · since 26 février 2007

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/10/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares13/04/2018
KAPITAAL - AANDELEN
PDF
Capital / shares14/04/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other09/03/2007
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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

2025
Annual accounts 2025228,1 k €↓
2024
Annual accounts 2024252 k €↓
2023
Annual accounts 2023298,5 k €↓
2022
Annual accounts 2022311,3 k €↑
2019
Annual accounts 2019247,9 k €↑
2018
Annual accounts 2018175,6 k €↑
2017
Annual accounts 2017156,8 k €↑
2016
Annual accounts 2016110,2 k €↓
2015
Annual accounts 2015138,4 k €↑
2014
Annual accounts 201475,7 k €↓
2013
Annual accounts 201381,5 k €↑
2012
Annual accounts 201250 k €↓
2011
Annual accounts 2011131,8 k €↑
2010
Annual accounts 201045,2 k €↑
2009
Annual accounts 200940,1 k €↓
2008
Annual accounts 200842,1 k €
01/03/2007
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ELGRO

Overview

What does ELGRO do?

Trend over 16 financial years

Indicative valuation

Board of directors

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