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Elcee Belux

Active Private limited companyfounded 2015active for 11 yearsParklaan 46, 2300 TurnhoutKBO/BCE: BE 0598.836.923 subsidiary of Elcee Group BV
Elcee Belux
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Overview

Lifetime

11 annual accounts with figures on one time axis
peak €10.7m (2022)
€8.1m▼ 6.8%
lowest -€163,087 (2015)
€60,435▼ 26.8%
peak €2.3m (2025)
€2.3m▲ 2.7%
€4.7m▲ 2.5%
peak 20.3 FTE (2021)
12.7 FTE▼ 11.2%
Board5 names since 2015
2 directorsLenaerts Management & Consulting and 1 other
Owners3 names in the annual accounts
100%Elcee Group BV and 1 other
Documentsfilings and deeds
22-07-20269 days before the deadline
2025financial year
Result from €82,534 to €60,435Staff from 14.3 FTE to 12.7 FTE1 statutory auditor reappointed 22-01Investments €192,000

Key points

from the 2025 annual accounts

Overdue debts

€94,696 on 31-12-2025

The annual accounts state €94,696 of overdue tax debts on 31-12-2025.

Equity

€2.3m ▲ 2.7%

Elcee Belux has made a profit without a break since 2019.

Investments

€192,000 2.1 × depreciation
20212022202320242025

Green is investment, beige is depreciation. Machinery stands 750.0% higher than in 2024.

Staff

12.7 FTE from 20.3 in 2021

Between 2021 and 2025, 37% of the full-time equivalents disappeared.

Payment terms

224 days to suppliers
Suppliers
171 to 224
Customers
91 to 73

Elcee Belux pays its suppliers 53 days later than in 2024. Customers pay 18 days earlier.

Checked score

65
Healthy
Financially stronger than 35% of small companies in wholesale trade (NACE 46)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 4,374 companies (NACE 46, small).

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025lowest value 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025 08-2025: 0.9%▲ +0.4 percentage points vs 07-2025 09-2025: 0.9%● unchanged vs 08-2025 10-2025: 0.9%● unchanged vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.8%▼ -0.1 percentage points vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 1.6%▲ +0.8 percentage points vs 05-2026 07-2026: 1.8%▲ +0.2 percentage points vs 06-2026highest value 08-2026: 1.2%▼ -0.6 percentage points vs 07-2026 09-2026: 1.2%● unchanged vs 08-2026 10-2026: 1.2%● unchanged vs 09-2026 11-2026: 1.2%● unchanged vs 10-2026

Financial strength
Average

58=equity 33.3% of total assets
23-2short-term debt 61.6% · cash 4.3%
60+5return on assets 0.9%

Score breakdown

raises risk
Liquidity: current ratio 1.51, cash €299,114
1 change of registered office in 24 months
1 of the last 3 accounts late
lowers risk
Figures for financial year 2025 (filed on 22-07-2026)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, small). It does better than 39% of them on solvency, 20% on liquidity, 45% on profitability and 35% on growth.

The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 6,049 companies had the same profile as Elcee Belux has now. Each dot stands for 16 companies, two years later.

95.9%
were still trading
3.6%
stopped another way
0.4%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet

The bankruptcy probability of Elcee Belux itself is higher: 1.2% within 12 months. It rests on far more data about Elcee Belux than the profile alone.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 6,049 companies, not a prediction for Elcee Belux. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €150,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.51 (1.6 in 2024), above the usual 1.5. Short-term debt is 61.6% and cash 4.3% of total assets. However, 66.7% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.51, cash €299,114
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · 1 of the last 3 accounts late
NBB · filings
lowers risk · Figures for financial year 2025 (filed on 22-07-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
9 days early
2024
28 days early
2023
118 days late
2022
114 days late
2021
207 days late
2020
17 days early
2019
55 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 63 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 November (4 of the last 5 accounts filed within 123 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

LM
Lenaerts Management & Consulting
Director, Lenaerts Bert, since 20-02-2015
EA
Elcee Acquisition B.V.
Manager, Peter Fluitsma, since 01-04-2019
BB
BDO BEDRIJFSREVISOREN - BDO REVISEURS D'ENTREPRISES
Auditor, David LENAERTS
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0598836923
New statutory auditor BDO BEDRIJFSREVISOREN - BDO REVISEURS D'ENTREPRISES appointed, Ernst & Young Bedrijfsrevisoren resigned · Permanent representative: David LENAERTS · General meeting of 14-07-2026 · Gazette deed
Registered office moved within Turnhout New registered office: Parklaan 46 / 212, 2300 Turnhout · Previous registered office: Tieblokkenlaan 8, 2300 Turnhout · Permanent representative: Bert LENAERTS · Board meeting of 22-04-2026 · Gazette deed
1 statutory auditor reappointed Ernst & Young Bedrijfsrevisoren (statutory auditor) · Permanent representatives: Paul EELEN, Line VIVEY and Bert LENAERTS · General meeting of 25-11-2024 · Gazette deed
All 30 events

Comparable companies

same main activity, similar in size and age
Company
Elcee Belux Turnhout €8.1m 3.9% 33.3% 12.7
ABRASERVICE BELGIUM SA Engis €6.5m 1.8% 49.3% 16.8
FeNiXS STEEL Antwerp €18.3m 0.0% 41.8% 6.5
FERREUM Antwerp €21.1m 1.5% 29.3% 7.4
HELAXA Essen €14.0m 3.2% 24.4% 6.1
HENGELHOEF CONCRETE JOINTS Genk €13.9m 15.0% 28.0% 20
PFF Belgium Antwerp €5.3m 2.2% 67.5% 5.6
-10%0%10%20%€5m€50m€500m€5bnElcee BeluxEBIT margin

Grey: the largest companies of the sector (wholesale trade (NACE 46)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as Elcee Belux: wholesale trade (NACE 46820). They are comparable in size and age: total assets between €2.3m and €13m, founded between 2005 and 2012.

Official details

Source: KBO
Status
Active since 20-02-2015Normal situation
Registered office
71 active companies are registered at this address3 started in the 12 months before. Source: KBO register, as of 9 November 2026.
Activity
Wholesale tradeNACE 46820and 5 others
Joint committees
200Auxiliary committee for white-collar workers
149.04Metal trade · annual accounts 2025
Establishment units
2.239.823.4362300 Turnhout, since 20-02-2015
2.320.815.0708870 Izegem, since 01-08-2021
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2025

€8.1m▼ 6.8%
€60,435▼ 26.8%
€2.3m▲ 2.7%
€7.0m▲ 2.6%
Employeeson 31-12-2025
13▼ 13.3%
Filing
Filed on 22-07-2026, 9 days before the end of the filing period
Financials

Insights on Elcee Belux

Elcee Belux has existed since 2015. In 2021 turnover rose from €2.7m to €9.2m and staff from 4.7 to 20.3 full-time equivalents. On 1 August 2021 a site was added.

Turnover has fallen every year since 2022.

Elcee Group BV holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

full format, filed on 22-07-2026, 9 days before the deadline
€8.1m
▼ 6.8%
€313,349
▲ 10.6%
€405,678
▲ 15.0%
€152,764
▲ 0.5%
33.3%
unchanged
1.51
▼ 0.09

Money flows

of every €100 of turnover, €0.75 remains as profit in 2025

Balance sheet

balance sheet total €7.0m on 31-12-2025
What the company ownsHow it is paid for

in €m

in euro

Position in the sector

Compare with sector

33.3%

Higher than 37% of 6,191 companies in 2025.

1.51

Higher than 40% of 6,111 companies in 2025.

0.9%

Higher than 32% of 6,175 companies in 2025.

Elcee Belux Middle half of the sector 80% of the sector Full accounts in wholesale trade (NACE 46)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: middle half

Staff

Men and women35% women

8.2 men and 4.5 women in full-time equivalents in 2025.

€77,032

Men €83,236, women €65,728 per full-time equivalent. Jobs differ, so this is not a pay gap.

-2 people

people who joined people who left

In 2025, 2 people joined and 4 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015
Balance sheet: assets
20/58 7.0m6.8m5.8m6.4m5.5m3.1m3.1m3.4m3.4m208,849230,947
20 ----------105
21/28 478,926379,255436,614486,529550,3742.5m2.5m2.7m2.5m20,63613,160
21 282,270337,587392,904448,221503,53837,31143,34849,79256,2361,3691,813
22/27 187,02632,03940,08035,92844,4565,8251,2886,8119,33116,88711,242
22 4,5956,6148,63210,72512,818------
23 176,97320,81921,91514,4089,660------
24 5,4584,6059,53310,79521,9795,8251,2886,8119,33116,88711,242
28 9,6309,6303,6302,3802,3802.5m2.5m2.6m2.4m2,380-
280/1 -----2.5m2.5m2.6m---
280 -----2.5m2.5m2.5m---
281 -------100,288---
284/8 9,6309,6303,6302,3802,3802,3802,3802,380---
285/8 9,6309,6303,6302,3802,3802,3802,3802,380---
29/58 6.5m6.4m5.3m5.9m4.9m592,536543,615787,387898,066188,213217,787
3 2.3m1.6m2.0m2.3m2.8m------
30/36 2.3m1.6m2.0m2.3m2.8m------
34 2.3m1.6m2.0m2.3m1.7m------
36 ----1.1m------
40/41 3.9m4.6m2.1m3.2m1.6m452,131436,609605,524736,024152,044165,843
40 1.6m2.2m2.1m3.2m1.6m432,973423,561604,794729,732143,020165,843
41 2.3m2.4m65,6387,19559,34119,15813,0487306,2929,024-
54/58 299,114279,3731.2m442,544444,790135,435102,989179,200159,02336,16951,944
490/1 29,57714,50722,7044,2892,8364,9704,0172,6643,018--
Balance sheet: equity and liabilities
10/49 7.0m6.8m5.8m6.4m5.5m3.1m3.1m3.4m3.4m208,849230,947
10/15 2.3m2.3m2.2m1.8m1.2m914,915705,809370,707432,380-200,832-123,087
10/11 700,000700,000700,000700,000700,000700,000700,000700,000700,00040,00040,000
100 ------700,000700,000700,00040,00040,000
13 1.6m1.6m1.5m1.1m527,764214,9155,809----
130/1 ---290290290-----
130 ------290----
1311 ---290290290-----
133 1.6m1.6m1.5m1.1m527,474214,6255,518----
14 --------329,293-267,620-240,832-163,087
17/49 4.7m4.5m3.6m4.6m4.3m2.2m2.4m3.1m2.9m409,681354,033
17 358,192536,540714,9401.0m1.1m691,9471.5m1.6m1.7m-20,000
170/4 358,192536,540714,9401.0m1.1m691,9471.5m1.6m1.7m-20,000
172 ---3,5009,500------
174 358,192536,540714,9401.0m1.1m691,9471.5m1.6m---
42/48 4.3m4.0m2.9m3.5m3.1m1.5m854,4741.4m1.2m409,681333,803
42 178,347178,400425,400184,400184,900488,40088,40088,40085,71422,50027,620
43 404040503,014693,002------
430/8 404040503,014693,002------
44 3.8m3.4m1.7m2.3m1.9m668,147495,4781.3m1.1m333,469264,897
440/4 3.8m3.4m1.7m2.3m1.9m668,147495,4781.3m1.1m333,469264,897
46 ----53,135------
45 279,715414,034752,807596,637289,809127,63470,59685,93141,48044,99333,622
450/3 156,043290,865533,318478,163157,98748,61720,68534,0259,72328,64123,521
454/9 123,672123,168219,489118,475131,82279,01849,91151,90631,75716,35110,101
47/48 -----247,008200,0001,4893008,7207,664
492/3 -2,34917,3672,187---30,000--230
Income statement
70/76A 8.1m8.8m9.8m10.8m9.3m2.8m2.9m2.8m---
70 8.1m8.6m9.8m10.7m9.2m2.7m2.9m2.8m---
74 29,945100,65736,65748,29292,557------
76A -46,022826-80023,330512,0622,069--
9900 --------221,58370,193-85,109
60/66A 7.8m8.5m9.3m9.9m8.8m2.7m2.7m2.8m---
60 4.6m5.2m5.9m6.4m5.5m2.0m2.1m2.2m---
600/8 5.7m4.8m5.6m6.9m6.0m2.0m2.1m2.2m---
609 -1.1m386,271317,336-521,002-556,107------
61 1.7m2.1m1.9m2.3m2.2m267,531287,098266,362---
62 978,3121.0m1.1m941,862893,059343,512299,109303,934225,307116,00469,910
630 92,32969,49571,93772,64542,0719,2928,21810,93512,6896,7515,856
631/4 324,483-3,7546,658-350-26,060-1,2023,223-49222,489-
640/8 113,131131,179191,866181,332168,1112,8772,0512,2318841,509423
66A --53,70016,942-------
9901 313,349283,359550,577918,976488,43076,520200,93018,615-16,805-76,560-161,297
75/76B 13,18067,790125,668118,08262,150205,945206,8614,7785482,491132
75 13,18067,790125,668118,08262,150205,945206,8614,7785482,491132
750 ----39202,992201,712288---
751 -------900---
752/9 13,18067,790125,668118,08262,1122,9535,1493,591---
65/66B 199,513206,685146,634185,678124,70872,91371,93684,3429,8603,5281,857
65 199,513206,685146,634185,678124,70872,91371,93684,3429,8603,5281,857
650 32,16667,49536,96847,90564,66660,68263,07069,363---
652/9 167,347139,191109,667137,77260,04212,2318,86614,979---
9903 127,015144,464529,610851,380425,872209,552335,855-60,949-26,117-77,597-163,023
67/77 66,58061,930172,983255,570113,02344675372467114964
670/3 66,58063,506172,983255,570113,023446753724---
77 -1,576---------
9904 60,43582,534356,627595,810312,849209,106335,102-61,673-26,788-77,745-163,087
9905 60,43582,534356,627595,810312,849209,106335,102-61,673-26,788-77,745-163,087
Appropriation of the result
9906 60,43582,534356,627595,810312,849209,1065,809-329,293-267,620-240,832-163,087
691/2 60,43582,534356,627595,810312,849209,1065,809----
6920 ------290----
6921 60,43582,534356,627595,810312,849209,1065,518----
Social balance sheet
9087 12.714.315.214.820.34.74.24.93.82.41.6
Men (FTE)1003 8.28.99.89.813.82.933---
Women (FTE)1003 4.55.45.456.51.81.21.9---
Agency workers1501 ------0.5----
Hours worked1013 20,78521,75224,12222,46931,0047,5016,7607,6696,4193,7882,571
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 50 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 22-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 full format 22-07-2026 2026-00324846 PDF
31-12-2024 full format 03-07-2025 2025-00227870 PDF
31-12-2023 full format 26-11-2024 2024-00605849 PDF
31-12-2022 full format 22-11-2023 2023-00516647 PDF
31-12-2021 full format 23-02-2023 2023-00030416 PDF
31-12-2020 full format 14-07-2021 2021-35300392 PDF
31-12-2019 full format 24-09-2020 2020-55700258 PDF
31-12-2018 full format 30-07-2019 2019-40700187 PDF
31-12-2017 abbreviated format 29-06-2018 2018-26600060 PDF
31-12-2016 abbreviated format 26-07-2017 2017-35900574 PDF
31-12-2015 abbreviated format 29-06-2016 2016-23300310 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015
405,678352,854622,514991,621530,50185,812209,14929,550-4,116-69,809-155,441
152,764152,029428,564668,455354,920218,398343,320-50,738-14,099-70,995-157,231
192,0006,13720,7728,800919,6377,792-104,037101,9712.5m11,84717,761
19,741-957,025793,854-2,246309,35532,445-76,21120,176122,855-15,775-
2.2m2.4m2.5m2.4m1.8m-938,653-310,859-639,816-326,177-221,468-116,016
3.9%3.3%5.6%8.6%5.3%2.8%7.0%0.7%---
33.3%33.2%37.8%28.5%22.4%29.2%22.8%10.8%12.8%-96.2%-53.3%
1.511.601.871.671.580.390.640.550.730.460.65
0.981.211.181.030.660.390.640.550.730.460.65
2.012.011.652.513.462.433.388.306.80--
2.6%3.6%16.4%32.7%25.5%22.9%47.5%-16.6%-6.2%--
0.9%1.2%6.2%9.3%5.7%6.7%10.8%-1.8%-0.8%-37.2%-70.6%
12.615.2316.8420.708.201.413.320.43---
73 days91 days77 days108 days63 days58 days54 days79 days---
224 days171 days79 days95 days91 days105 days77 days185 days---

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date1315161616
full-time910111111
part-time45555
in full-time equivalents12.414.315.215.215.2
12.714.315.214.820.3
On a permanent contract1315161616
Joined20-11
Left41-111

Source: social balance sheet in the 2021 to 2025 annual accounts

Overdue debts

tax and social security
Item20252024202320222021
Overdue tax debts€94,696€119,459---

Source: notes to the 2021 to 2025 annual accounts (statement of debts)

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€192,000€6,137€20,772€8,800€293,261
Intangible fixed assets----€626,375
€92,329€69,495€71,937€72,645€42,071

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Auditor

fees
Item20252024202320222021
Fee for the audit€35,000€32,767€29,500€28,097€24,675

Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)

Insights on Elcee Belux

The operating result for 2025 is 11% higher than in 2024. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total stays at 66.7%.

Large changes and their cause
  • 2022 Net result +90% on 2021. Merger absorbing Global Suppliers, effective 30-07-2021, in the previous financial year. That operation now counts for a full year for the first time.
  • 2021 Turnover +234%, Total assets +75%, Staff (FTE) +332% on 2020. Merger absorbing Global Suppliers, effective 30-07-2021.

Board & ownership

Board

2 directors, 1 auditor, last change in August 2026

Deed of 27-08-2026New statutory auditorBDO BEDRIJFSREVISOREN - BDO REVISEURS D'ENTREPRISES appointed, Ernst & Young Bedrijfsrevisoren resigned · Permanent representative: David LENAERTS · General meeting of 14-07-2026

Lenaerts Management & Consulting BV
Director, permanent representative Lenaerts Bert
since 20-02-2015
earlier manager, until 20-08-2021
listed in the 2025 annual accounts, filed on 22-07-2026
Elcee Acquisition B.V.
Manager, permanent representative Peter Fluitsma
since 01-04-2019 term without a fixed end
listed in the 2025 annual accounts, filed on 22-07-2026
BDO BEDRIJFSREVISOREN - BDO REVISEURS D'ENTREPRISES
Statutory auditor, permanent representative David LENAERTS
appointed by deed of 27-08-2026
Permanent representatives 2
Peter Fluitsma
Permanent representative, for Elcee Acquisition B.V.
appointed by deed of 05-07-2019
Lenaerts Bert
Permanent representative, for Lenaerts Management & Consulting
appointed by deed of 20-08-2021

Office holders in the KBO →

Mandates through the years

5 names, the dashed line is today
Lenaerts Management & Consulting
Director
Elcee Acquisition B.V.
Manager
BDO BEDRIJFSREVISOREN - BDO REVISEURS D'ENTREPRISES
Statutory auditor
Ernst & Young Bedrijfsrevisoren
Statutory auditor
Mathias Van Roij
Manager
BoardEarliermandate already running before its first mention
Mandates as a list
  • Lenaerts Management & Consulting
    • Director, from 20-02-2015 to date
    • Manager, until 20-08-2021
  • Elcee Acquisition B.V.
    • Manager, from 01-04-2019 to date
  • BDO BEDRIJFSREVISOREN - BDO REVISEURS D'ENTREPRISES
    • Statutory auditor, appointed by deed of 27-08-2026, still in office
  • Ernst & Young Bedrijfsrevisoren
    • Statutory auditor, from 17-06-2021 to 27-08-2026
  • Mathias Van Roij
    • Manager, until 01-04-2019

See the board, name and registered office on a given date →

Control

Parent
Elcee Group BV NL
100%
This company
Elcee Belux
Equity €2.3m
Profit €60,435 in 2025

Further up the chainElcee Acquisition BV NL consolidates

and 1 other shareholder

Capital

Contribution
€700,000
Shares
17,500
Contribution per share
€40
Equity per share
€133 in 2025
Source
2025 annual accounts

Owners through the years

as the annual accounts name them
Elcee Group BV NL
100%
100%
Elcee Acquisition BV NL
consolidates
consolidates
Lenaerts Management & Consulting
20%
20% until 2019
Owners as a list

Source: shareholder structure in its own accounts, parent in its own accounts, lists of holdings in the owners' accounts

Articles of association

DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 20-08-2021 (in Dutch)
Board ruleThese rules set how the board is made up, meets and takes decisions.
“Iedere bestuurder mag afzonderlijk, naar eigen inzicht, besluiten nemen, vervangen”
deed of 24-08-2022 (in Dutch)
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Ieder voor helft, rechthebbenden maken hoedanigheid kenbaar binnen twee maanden na overlijden; betekeningen door elke erfgenaam of legataris…”
deed of 20-08-2021 (in Dutch)
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
31 May at 17:00
deed of 20-08-2021 (in Dutch)

Shareholders

2 owners

Owners 2

Former owners (1)

Capital transactions

Shareholders according to the deeds
Stated in the deed deed of 24-08-2022 ↗
  • enige aandeelhouder all shares
Stated in the deed deed of 23-06-2021 ↗
Capital over time
  1. 20-08-2021 Converted to unavailable equity · €700,290.44
  2. 23-06-2021 Converted to unavailable equity

Network & group

Parent

Elcee Group BV
Netherlands · 100% of the shares

At the same address

Parklaan 46, 2300 Turnhout · 70 other companies
ACERTA SOCIAAL SECRETARIAAT - ACERTA SECRETARIAT SOCIAL - ACERTA SOZIALSEKRETARIAT
establishment since 09-11-2000 · founded in 2000
 587 FTE (2025)
0473.329.910
ACERTA SOCIAAL VERZEKERINGSFONDS
establishment since 12-09-1967 · founded in 1967
 239 FTE (2025)
0416.377.646
Hillewaere Group Belgium
registered office since 25-02-2021 · founded in 2021
 total assets €204.1m (2025)
0764.344.459
ACERTA
establishment since 01-01-2012 · founded in 2000
 363 FTE (2025)
0473.394.345
Hillewaere Insurance
registered office since 29-08-2007 · founded in 2007 · group Hillewaere Group Belgium
 157 FTE (2025)
0891.695.561
UNICONSTRUCT
registered office since 28-07-2006 · founded in 2006
 9.6 FTE (2025)
0882.762.356
Aptiv Services Belgium
registered office since 30-07-1980 · founded in 1980
 total assets €29.0m (2025)
0420.722.751
Comber
registered office since 13-01-2023 · founded in 2023
 total assets €20.2m (2025)
0797.141.446
ACERTA ONDERNEMINGSLOKET- ACERTA GUICHET D'ENTREPRISES
establishment since 30-05-2003 · founded in 2003
 5.1 FTE (2025)
0480.513.551
Billow
registered office since 19-01-2024 · founded in 2024
 total assets €10.2m (2025)
1004.961.075
and 60 more

Holdings and subsidiaries

Holdings 0

The accounts to 31-12-2025 list no holdings.

Former holdings (1)

This company merged into Elcee Belux on 30-07-2021.

Holdings through the years 2018 to 2020
Holdings through the years
Name201820192020
GLOBAL SUPPLIERS 100%

Source: list of holdings in its own accounts

Acquisitions and mergers

1 transaction
BE 0832.060.951merger by absorption · Gazette deed of 20-08-2021 (4 deeds) · effective 30-07-2021

Connections & network

2 current directors
Depth

The network lets you explore the ties of Elcee Belux.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

30 events since 2015

Deadline for the 2026 accounts: 31-07-2027

2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:0598836923
New statutory auditorBDO BEDRIJFSREVISOREN - BDO REVISEURS D'ENTREPRISES appointed, Ernst & Young Bedrijfsrevisoren resigned · Permanent representative: David LENAERTS · General meeting of 14-07-20264 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2025 filed NBBfull format · 9 days before the deadline
Registered office moved within TurnhoutNew registered office: Parklaan 46 / 212, 2300 Turnhout · Previous registered office: Tieblokkenlaan 8, 2300 Turnhout · Permanent representative: Bert LENAERTS · Board meeting of 22-04-20263 points ▸
  • Board meeting, 22-04-2026
  • Registered-office move, Parklaan 46 / 212, 2300 Turnhout
  • Permanent representative, Bert LENAERTS

Open the deed in the Belgian Official Gazette

2025
Annual accounts 2024 filed PDFfull format · 28 days before the deadline
1 statutory auditor reappointedErnst & Young Bedrijfsrevisoren (statutory auditor) · Permanent representatives: Paul EELEN, Line VIVEY and Bert LENAERTS · General meeting of 25-11-20245 points ▸
  • General meeting, 25-11-2024
  • Auditor reappointment, Ernst & Young Bedrijfsrevisoren (statutory auditor)
  • Permanent representative, Paul EELEN
  • Permanent representative, Line VIVEY
  • Permanent representative, Bert LENAERTS

Open the deed in the Belgian Official Gazette

2024
Annual accounts 2023 filed PDFfull format · 118 days late
2023
Equity above €2m equity €2.2m ▲19.6% After 5 profitable years in a row, equity reaches €2.2m.
Annual accounts 2022 filed PDFfull format · 114 days late
Annual accounts 2021 filed PDFfull format · 207 days late
2022
Highest result from 2015 to 2025 net €595,810 ▲90.4% The operating result of €918,976 and the net result of €595,810 are both a record.
Permanent representatives: Fluitsma Peter and Lenaerts Bertenige aandeelhouder holds all the shares · General meeting of 10-08-20225 points ▸
  • General meeting, 30-07-2021
  • General meeting, 10-08-2022
  • Permanent representative, Fluitsma Peter
  • Permanent representative, Lenaerts Bert
  • enige aandeelhouder holds all the shares
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

2021
Liquidity more than quadruples current ratio 1.58 The current ratio rises from 0.39 to 1.58.
Equity above €1m equity €1.2m ▲34.2% After 3 profitable years in a row, equity reaches €1.2m.
1 statutory auditor appointedBV Ernst & Young Bedrijfsrevisoren (statutory auditor) · Permanent representatives: Paul EELEN, Peter FLUITSMA and Bert LENAERTS · General meeting of 17-06-20215 points ▸
  • General meeting, 17-06-2021
  • Auditor appointment, BV Ernst & Young Bedrijfsrevisoren (statutory auditor)
  • Permanent representative, Paul EELEN
  • Permanent representative, Peter FLUITSMA
  • Permanent representative, Bert LENAERTS

Open the deed in the Belgian Official Gazette

Merger: Elcee Belux takes over Global SuppliersChanges of role: Lenaerts Management & Consulting (director) and Elcee Acquisition (director) · Permanent representatives: Lenaerts Bert and Fluitsma Peter6 points ▸

Open the deed in the Belgian Official Gazette

New establishment in Izegem Global Suppliers, Ambachtenstraat 1
Annual accounts 2020 filed PDFfull format · 17 days before the deadline
Merger proposal: BV ELCEE BELUX takes over BV GLOBAL SUPPLIERSPermanent representatives: Peter FLUITSMA and Bert LENAERTS · BEHEERMAATSCHAPPIJ COPLAMO B.V. holds 17,500 shares · The company holds all the shares of BV GLOBAL SUPPLIERS · Board meeting of 11-06-202113 points ▸
  • Capital, €700,000, 17,500 shares
  • Capital, €218,600, 349 shares, mentioned twice in the deed
  • BEHEERMAATSCHAPPIJ COPLAMO B.V. holds 17,500 shares
  • Accounting effect, 01-01-2021
  • Power of attorney, kantoor van Notaris TOM EN JAN COPPENS
  • Board meeting, 11-06-2021
  • Incorporation, 20-12-2010
  • Board composition, ELCEE ACQUISITION B.V. (director), mentioned twice in the deed
  • Board composition, BV LENAERTS MANAGEMENT & CONSULTING (director), mentioned twice in the deed
  • Permanent representative, Peter FLUITSMA
  • Permanent representative, Bert LENAERTS
  • Incorporation, 18-02-2015
  • The company holds all the shares of BV GLOBAL SUPPLIERS
  • The deed holds 13 more points.

Open the deed in the Belgian Official Gazette

2020
Annual accounts 2019 filed PDFfull format · 55 days late
2019
Back to profit net €335,102 The net result is €335,102, after 4 loss-making years.
Equity above €500,000 equity €705,809 ▲90.4% Equity rises from €370,707 to €705,809.
Annual accounts 2018 filed PDFfull format · 1 day before the deadline
New managerElcee Acquisition B.V. appointed, Mathias Van Roij resigned · Permanent representative: Peter Fluitsma · General meeting of 27-05-20194 points ▸

Open the deed in the Belgian Official Gazette

2018
Annual accounts 2017 filed PDFabbreviated format · 32 days before the deadline
2017
Equity above €200,000 equity €432,380 Equity rises from -€200,832 to €432,380.
Annual accounts 2016 filed PDFabbreviated format · 5 days before the deadline
2016
Annual accounts 2015 filed PDFabbreviated format · 32 days before the deadline
2015
Incorporation PDFpublished on 24-02-2015
First establishment Parklaan 46, Turnhout

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

Elcee Belux was incorporated on 20 February 2015.1 In 2021 the company absorbed Global Suppliers by merger.2 The registered office was moved to Turnhout in 2026.3 Turnover fell from €9.2m in 2021 to €8.1m in 2025 and headcount from 20.3 to 12.7 full-time equivalents.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 20-08-2021
  3. 3Belgian Official Gazette, 21-05-2026
  4. 4National Bank, annual accounts 2021 and 2025

Company details

Identity

Enterprise number
0598.836.923
VAT number
BE 0598.836.923
Peppol ID
0208:0598836923
Other Peppol ID
9925:BE0598836923
LEI code
69940037KMEWXEBNLN27 live in the LEI register
Legal form
Private limited company
Status
Active, normal situation
Founded
20-02-2015
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
31 May at 17:00
deed of 20-08-2021 (in Dutch)
Peppol
Reachable since 21-10-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
Elcee Belux in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 20-08-2021 (in Dutch)
Name clauseThe company operates under this name according to its articles.
Elcee Belux
deed of 20-08-2021 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 20-08-2021 (in Dutch)

Activities

NACEBEL 2025
VAT activities
46820 Wholesale trade main activity
46831 Wholesale of construction materials, general range
46839 Wholesale trade
47525 Retail trade
47529 Retail trade
Social security (RSZ) activities
46841 Wholesale trade main activity
Joint committees annual accounts 2025
JC 200 Auxiliary committee for white-collar workers
JC 149.04 Metal trade
Codes under NACEBEL 2008
VAT activities
46720 Wholesale trade main activity
46731 Wholesale trade
46739 Wholesale trade
47525 Retail trade
47529 Retail trade
Social security (RSZ) activities
46741 Wholesale trade main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“1.De groot- en kleinhandel, de in- en uitvoer, ontwerp, ontwikkeling, productie, onderhoud, bewerking, verwerking, huur en verhuur, opslag…”
21 activities
  1. 1.De groot- en kleinhandel, de in- en uitvoer, ontwerp, ontwikkeling, productie, onderhoud, bewerking, verwerking, huur en verhuur, opslag en transport van: a.industriële transport-, toeleverings- en bevestigingssystemen -en middelen; b.halffabricaten en lagerproducten; c.ijzer en smeedwerk; d.aile bouwmaterialen, ijzerwaren en meubeibeslag; e.alle materialen, toebehoren en benodigdheden voor het realiseren van (alternatieve, duurzame of hernieuwbare) energieinstailaties;
  2. 2.De uitbating van een metaal-constructie-onderneming omvattende het vervaardigen, plaatsen, herstellen en onderhouden van alle metalen schrijn- en ijzerwerk;
  3. 3. Het verlenen van bijstand, advies, belangenbehartiging, coaching, (op)leiding alsmede het verstrekken van diensten en informatie in de meest ruime betekenis van de woorden, zowel op nationaal ais op internationaal niveau en in welke sector ook, aan bedrijven, ondernemingen, verenigingen, private- en overheldsinstellingen en-administraties, aismede privé-personen, voornamelijk, doch niet uitsluitend, op het vlak van management, bedrijfsvoering, -financiering en-organisatie, controle en toezicht, sociaal-, economisch-, financieel-, industrieel-, technisch-, strategisch- en organisatorisch beleid, strategie, marketing, prospectie, productie en ontwikkeling, communicatie, human resources, personeelsselectie, headhunting en executive search, de implementatie en begeleiding van herstructureringen, change management, het optreden als change agent of consultant, als transformation expert of als lean consultant.
  4. Deze diensten kunnen worden geleverd krachtens een contractuele of statutaire benoeming dan wel in de hoedanigheid van externe raadgever of orgaan van de cliënt zowel onder de vorm van interim-als onder de vorm van project- of crisismanagement.
  5. Aldus kan de vennootschap: de functies en opdrachten van lasthebber, zaakvoerder, bestuurder, kaderlid of expert, lid van het directie- of enig ander comité, toezichthouder, (voorlopig) bewindvoerder, sekwester of vereffenaar van andere vennootschappen of ondernemingen uitoefenen.
  6. Aldus kan de vennootschap: technische, administratieve en financiële bijstand verlenen aan vennootschappen en ondernemingen;
  7. Aldus kan de vennootschap: alle commerciële handeiingen steilen op het vlak van bedrijfsfinanciering;
  8. 4. De uitbating van een engineering-, studie- en planbureau omvattende: het ontwerpen, het bestuderen, de ontwikkeling, uitwerking, realisatie, optimalisering, opvolging, controle, (veiligheids-)coördinatie evenals het verstrekken van opleiding van en inzake projecten en procédés op het gebied van de elektriciteit en elektronica, informatica, mijnbouw, chemie, metallurgie, machine- en werktuigbouw, industriële systeemontwikkeling en -vormgeving, veiligheid, bouwwerken en vastgoedprojecten;
  9. Het beheer van industriële projecten;
  10. Het uitvoeren van technische en economische audits en (haalbaarheids)studies van projecten, installaties en procédés zowel op veiligheids-, technisch-als op economisch vlak;
  11. De vertegenwoordiging van andere gespecialiseerde studie-en adviesbureaus werkzaam in hogergemeide sectoren of domeinen;
  12. Het afsluiten van samenwerkingsakkoorden voor import, export, aan- en verkoop, huur- en verhuur en/of vertegenwoordiging van en in industriële uitrusting, productie-procédés, productie-systemen en productie-technieken;
  13. 5. De activiteit van tussenpersoon in de handel, omvattende de makelaars en "traders" in goederen, de zelfstandige handelsvertegenwoordigers en de commissionairs evenals het in- en uitvoeren van alle om het even welke handelsgoederen.
  14. 6.Het beheer van een patrimonium, samengesteld uit onroerende en roerende goederen, het valoriseren en instandhouden van dit patrimonium, vooral door beheersdaden.
  15. Beheer wordt in deze zin verstaan dat aankoop en vervreemding toegelaten zijn in zoverre zij nuttig of noodzakelijk zijn of bijdragen tot een meer gunstige samenstelling van het patrimonium van de vennootschap.
  16. Daartoe mag de vennootschap alle onroerende, roerende en financiële verhandelingen verrichten zoals onder meer aankopen en verkopen van roerende en onroerende goederen, onroerende goederen uitrusten, opschikken, doen bouwen en verbouwen, verhuren en alle mogelijke onroerende handelingen in de meest brede zin alsmede aankopen, te gelde maken en beleggen in effecten en alle andere waarde-elementen.
  17. Het nemen van participaties onder eender welke vorm in alle bestaande of nog op te richten vennootschappen en ondernemingen alsook alle investerings- en financiële verrichtingen behalve deze voorbehouden aan deposito- en spaarbanken of ondernemingen voor vermogensbeheer- en beleggingsadvies.
  18. De vennootschap mag zowel in België als in het buitenland alle industriële, handels-, roerende, onroerende- en financiële verrichtingen uitvoeren die, rechtstreeks of onrechtstreeks, dienstig zijn om haar activiteiten uit te breiden.
  19. Zij mag haar doel zowel rechtstreeks als door bemiddeling van derden verwezenlijken.
  20. De vennootschap kan door middel van inbreng, inschrijving, fusie of op gelijk welke andere manier belangen verwerven in elke onderneming, vereniging, bestaande of op te richten vennootschap, waarvan het doel gelijkaardig, analoog, aansluitend of gewoon nuttig is tot de verwezenlijking van het geheel of een deel van haar maatschappelijk doel.
  21. De vennootschap mag zekerheden stellen voor alle rechtspersonen waarbij zij rechtstreeks of onrechtstreeks belangen heeft.
deed of 23-06-2021 (in Dutch)

Registered office and establishments

2 establishments
Establishment Since Unit number
Parklaan 46 registered office 2300 Turnhout 20-02-2015 2.239.823.436
Global Suppliers Ambachtenstraat 1, 8870 Izegem 25110 Manufacture of metal structures and parts of structures 01-08-2021 2.320.815.070

Buildings and parcels at the addresses

Ground area
7,603 m²
Buildings
2,588 m²
Volume, LiDAR
25,798 m³
Tallest building
15.0 m
Buildings to scale, each on its own parcel
1,344 m², 9.9 m 1,244 m², 15.0 m 1,344 m², 9.9 m 1,244 m², 15.0 m

Location

registered office establishment All 2 establishment units on the map
71 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
36494D0498/00P0004,867 m² 1 · 1,344 m² 9.9 m · 3
13453O0314/00A0002,736 m² 1 · 1,244 m² 15.0 m · 4

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