Result
€253.7m €253.7m
Back in profit in 2025, after a loss of €64.7m in 2024.
ELEX
Lifetime
17 annual accounts with figures on one time axis, 45 filings since 1981peak €1.5m (2015)
-not published
lowest -€64.7m (2024)
€253.7m▲ €318.4m
peak €1.74bn (2025)
€1.74bn▲ 17.1%
€308.7m▼ 31.8%
peak 6.9 FTE (2022)
4.5 FTE▼ 16.7%
Board10 names since 2019
5 directorsRoland Duchâtelet and 4 others
Documentsfilings and deeds
18-06-202643 days before the deadline
2025financial year
Back to profit: €253.7mStaff from 5.4 FTE to 4.5 FTE1 statutory auditor appointed, 2 directors reappointed 26-11Resignation: Roderick Duchâtelet (director) 26-11Equity from €1.48bn to €1.74bnDebts from €452.9m to €308.7m
Key points
from the 2025 annual accountsStaff
4.5 FTE from 6.9 in 2022
Between 2022 and 2025, 35% of the full-time equivalents disappeared.
Filings
45 annual accounts 52 filings since 1981
Three of the last ten came late. The 2022 accounts came latest: 49 days after the end of the period.
At the same address
66 companies
Group
22 companies controlled
Heads a group.
Position in the sector
€253.7m
Higher net result than 95% of companies in financial services. Sector median €103,919 · 3,044 companies.
Financial institution: outside the modelBankruptcy probability: sector outside the model
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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Signals
1 signal, which does not raise the risk
1 signal.
neutral
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 18-06-2026, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 days early
2024
25 days late
2023
22 days early
2022
49 days late
2021
4 days late
2020
17 days early
2019
8 days early
← 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 2 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% 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 4 August (4 of the last 5 accounts filed within 45 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
Shares in 11 companies, including Fremach International and I2Coach
Board & ownershipRecent changes
1 statutory auditor appointed, 2 directors reappointed
Reappointments: RoderickDuchâtelet and RolandDuchâtelet (managing director) · Appointment: EYBedrijfsrevisorenBV (statutory auditor) · Permanent representative: OlafJanssen · Gazette deed
Resignation: Roderick Duchâtelet (director)
General meeting of 05-11-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0421226161
Resignation: Roderick Duchatelet (managing director)
Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ELEX Sint-Truiden | - | - | 84.9% | 4.5 |
| Union Financière Boel Brussels | - | - | 91.8% | 5.4 |
| Solvac Ixelles | - | - | 92.1% | 2 |
| PURATOS GROUP Dilbeek | - | - | 41.0% | 5 |
| LA LORRAINE BAKERY GROUP Ninove | - | - | 17.4% | 3.9 |
| HOLCIBEL Mons | €1.0m | -25.7% | 99.2% | 4 |
| ECONOCOM GROUP Ixelles | €22.1m | 0.1% | 41.4% | 8 |
These companies have the same main activity as ELEX: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €811m and €2.7bn, founded between 1957 and 1997.
Official details
Source: KBO- Status
- Active since 30-12-1980Normal situation
- Registered office
- 67 active companies are registered at this address2 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Activities of holding companiesNACE 64210and 2 others
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.038.594.3623800 Sint-Truiden, since 26-08-1991
- Financial year end
- 31 December
- Peppol
- Reachable since 09-10-2025
Annual accounts 2025
- €2.05bn▲ 5.7%
- Employeeson 31-12-2025
- 6=
- Filing
- Filed on 18-06-2026, 43 days before the end of the filing period
Companies linked to ELEX
Subsidiaries and holdings
- STAYEN99.99%
- Staprix98%
- MELEXIS25%
- X-Fab Silicon Foundries25%
Insights on ELEX
ELEX has existed since 1980. Turnover fell from €1.5m in 2015 to €5,390 in 2017.
Solvency rose in 2025 from 76.6% to 84.9% because of the retained profit and lower debts.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ELEX
- What is the company number of ELEX?
- The company number of ELEX is 0421.226.161. The VAT number is the same number with BE in front: BE 0421.226.161.
- Where is ELEX based?
- The registered office is at Tiensesteenweg 168, 3800 Sint-Truiden.Company details
- What does ELEX do?
- According to the KBO register, the main activity is activities of holding companies (NACE 64210).
- What is the legal form of ELEX?
- ELEX is a public limited company (NV).
- When was ELEX founded?
- ELEX was founded on 30-12-1980.
- Is ELEX still active?
- Yes, ELEX is an active enterprise in the KBO register.
- How many employees does ELEX have?
- ELEX had an average of 4.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does ELEX fall under?
- In its 2025 annual accounts, ELEX states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of ELEX?
- The annual accounts for financial year 2025 state no turnover. In financial year 2022 turnover was €9,100.
- Is ELEX profitable?
- In financial year 2025, ELEX made a profit of €253.7m.
- Where can I find the annual accounts of ELEX?
- ELEX filed 52 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ELEX due?
- ELEX must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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