Elexo
Annual accounts 2025
micro format, filed on 29-01-2026, 2 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €630,000. Estimated: probably between €440,000 and €920,000.
Balance sheet
balance sheet total €594,505 on 30-06-2025in euro
in euro
Position in the sector
19.1%
Higher than 22% of 1,703 companies in 2025.
1.16
Higher than 28% of 1,665 companies in 2025.
0.2%
Higher than 19% of 1,670 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: top quarter · Working capital: middle half
Staff
€72,536
Staff costs divided by the average number of full-time equivalents.
+1 person
In 2025, 1 person joined and nobody left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
594,505 | 361,704 | 201,528 | |
21/28 |
77,825 | 64,668 | 9,125 | |
22/27 |
68,316 | 55,158 | 1,475 | |
23 |
7,475 | 3,371 | - | |
24 |
38,361 | 28,409 | 1,475 | |
26 |
22,480 | 23,378 | - | |
28 |
9,510 | 9,510 | 7,650 | |
29/58 |
516,679 | 297,036 | 192,403 | |
3 |
168,645 | 36,324 | 39,183 | |
30/36 |
168,645 | 36,324 | 39,183 | |
40/41 |
338,866 | 208,927 | 132,417 | |
40 |
285,254 | 149,727 | 107,069 | |
41 |
53,612 | 59,201 | 25,348 | |
54/58 |
2 | 51,785 | 20,506 | |
490/1 |
9,166 | 0 | 297 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
594,505 | 361,704 | 201,528 | |
10/15 |
113,456 | 112,530 | 23,859 | |
10/11 |
2,500 | 2,500 | 2,500 | |
13 |
110,956 | 110,030 | 21,359 | |
133 |
110,956 | 110,030 | 21,359 | |
17/49 |
481,049 | 249,174 | 177,669 | |
17 |
27,236 | - | - | |
170/4 |
27,236 | - | - | |
42/48 |
446,714 | 215,077 | 157,331 | |
42 |
16,220 | - | - | |
43 |
48,602 | - | - | |
430/8 |
48,602 | - | - | |
44 |
245,766 | 171,294 | 136,628 | |
440/4 |
245,766 | 171,294 | 136,628 | |
45 |
36,540 | 41,080 | 20,703 | |
450/3 |
3,622 | 26,596 | 8,179 | |
454/9 |
32,918 | 14,484 | 12,524 | |
47/48 |
99,587 | 2,703 | - | |
492/3 |
7,098 | 34,097 | 20,338 | |
| Income statement | ||||
9900 |
313,554 | 342,755 | 103,357 | |
62 |
275,638 | 211,981 | 70,350 | |
630 |
16,696 | 6,771 | 94 | |
640/8 |
8,852 | 8,888 | 2,815 | |
9901 |
12,368 | 115,116 | 30,097 | |
75/76B |
2 | 2,357 | 29 | |
75 |
2 | 2,357 | 29 | |
65/66B |
7,822 | 3,628 | 1,278 | |
65 |
7,822 | 3,628 | 1,278 | |
9903 |
4,548 | 113,845 | 28,849 | |
67/77 |
3,622 | 25,175 | 7,490 | |
9904 |
926 | 88,671 | 21,359 | |
9905 |
926 | 88,671 | 21,359 | |
| Appropriation of the result | ||||
9906 |
926 | 88,671 | 21,359 | |
691/2 |
926 | 88,671 | 21,359 | |
6921 |
926 | 88,671 | 21,359 | |
| Social balance sheet | ||||
9087 |
3.8 | 2.8 | 2 | |
Hours worked1013 |
6,442 | 5,209 | - | |
| Document | ||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 29-01-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankSubsidies and aid
Flemish government 2023 to 2025, 2 entries, €3,078 awarded, €2,685 paid
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €2,685 | €2,685 |
| 2023 | 1 | €393 | €0 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 29,064 | 121,887 | 30,192 | ||
| 17,622 | 95,442 | 21,454 | ||
| 29,854 | 62,314 | 9,219 | ||
| -51,783 | 31,278 | - | ||
| 69,965 | 81,959 | 35,072 | ||
| 19.1% | 31.1% | 11.8% | ||
| 1.16 | 1.38 | 1.22 | ||
| 0.78 | 1.21 | 0.97 | ||
| 4.24 | 2.21 | 7.45 | ||
| 0.8% | 78.8% | 89.5% | ||
| 0.2% | 24.5% | 10.6% | ||
| 3.72 | 33.60 | 23.63 |
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
| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 |
|---|---|---|---|
| Employees at the balance-sheet date | 4 | 3 | 2 |
| full-time | 4 | 3 | 2 |
| part-time | 0 | 0 | 0 |
| in full-time equivalents | 4 | 3 | 2 |
| 3.8 | 2.8 | - | |
| On a permanent contract | 4 | 3 | 2 |
| Joined | 1 | 1 | 2 |
| Left | 0 | 0 | 0 |
| Training hours | - | 0 | - |
Source: social balance sheet in the 2023 to 2025 annual accounts
Investments
fixed assets acquired| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 |
|---|---|---|---|
| Tangible fixed assets | €29,854 | €60,454 | €1,569 |
| Financial fixed assets | - | €1,860 | €7,650 |
| €16,696 | €6,771 | €94 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on Elexo
The operating result for 2025 is 89% lower than in 2024 and the lowest since 2023.
Debt's share of the balance-sheet total rises from 68.9% to 80.9%. Equity and debt are higher.