Skip to content

ELANTIS

Active Risk: not assessed Public limited companyfounded 1913active for 113 yearsRue des Clarisses 38, 4000 LiègeKBO/BCE: BE 0404.228.296 subsidiary of BELFIUS VERZEKERINGEN#2 oldest company in the province of Liège, Finance and insurance sector
Part of the group BELFIUS BANK 75 companies in 3 countries
See the group

Annual accounts 2025

full format, filed on 30-03-2026, 123 days before the deadline
€20.8m
unchanged
€324.5m
▲ 27.8%
€2.2m
▼ 51.4%
6.4%
▼ 1.8 percentage points
10.4%
▼ 11.0 percentage points
0.7%
▼ 1.1 percentage points

Money flows

of every €100 of turnover, €8.68 remains as profit in 2025

Balance sheet

balance sheet total €324.5m on 31-12-2025
What the company ownsHow it is paid for

in €m

in €m

Position in the sector

6.4%

Higher than 9% of 3,042 companies in 2025.

0.7%

Higher than 41% of 3,034 companies in 2025.

ELANTIS Middle half of the sector 80% of the sector Full accounts in financial services (NACE 64)

Net result: top quarter · Equity: middle half · Balance sheet total: top quarter · Staff: top quarter

Staff

Men and women66% women

18.1 men and 34.4 women in full-time equivalents in 2025.

€106,138

Men €109,263, women €104,494 per full-time equivalent. Jobs differ, so this is not a pay gap.

level

people who joined people who left

In 2025, 5 people joined and 5 left. Training hours in 2025: 1,408. Agency workers: 0.6 on average.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
Balance sheet: assets
20/58 324.5m253.9m257.6m241.1m220.8m177.6m145.1m167.5m179.6m160.3m95.2m94.2m87.6m94.4m295.7m279.3m232.8m196.4m160.7m
21/28 384,676438,494487,126348,797294,999309,331360,747403,210423,079491,194455,383420,531403,942433,495482,633512,354528,700713,219684,625
22/27 384,676438,494487,126348,797294,999309,331360,747403,210423,079491,194455,383420,531403,942433,495470,508498,479510,907544,721515,627
22 362,271392,020411,289241,105272,012273,280298,507330,819369,794394,987333,268307,357332,975360,635390,118420,992420,570431,414395,367
23 17,16946,47475,837107,69122,98835,96161,22668,48542,38369,88683,77972,34322,89837,94245,77952,06342,31138,71139,715
24 5,236000-901,0153,90610,90226,32138,33640,83048,06934,91834,61125,42448,02674,59680,545
28 --------------12,12513,87517,792168,498168,998
280/1 -----------------148,612148,612
280 -----------------148,612148,612
284/8 --------------12,12513,87517,79219,88620,386
284 --------------12,12513,87517,28319,37719,877
285/8 ---------------0509509509
29/58 324.1m253.5m257.1m240.7m220.5m177.3m144.7m167.1m179.2m159.8m94.8m93.8m87.2m93.9m295.2m278.8m232.3m195.7m160.0m
29 285.1m213.9m217.6m200.0m178.5m125.0m90.0m110.3m124.1m103.5m37.7m27.3m26.5m31.8m182.7m180.9m150.6m122.8m93.1m
290 285.1m213.9m217.6m200.0m178.5m125.0m90.0m110.3m124.1m103.5m37.7m27.3m26.5m31.8m182.7m180.9m150.6m122.8m93.1m
3 ------------------25,731
30/36 ------------------25,731
35 ------------------25,731
40/41 8.2m7.9m10.4m10.2m10.2m13.0m9.0m12.5m12.5m14.1m12.6m12.2m13.3m13.5m64.0m61.3m51.7m46.0m40.7m
40 8.1m7.8m10.2m9.7m9.4m12.5m6.8m10.3m10.3m11.9m11.3m10.5m11.7m13.3m62.9m60.2m50.1m44.7m39.3m
41 150,59798,331181,326466,430753,653439,5732.2m2.2m2.2m2.2m1.4m1.6m1.6m200,0311.2m1.2m1.6m1.3m1.4m
50/53 4.0m7.9m8.8m8.9m12.5m11.0m11.5m17.8m17.9m7.5m15.0m15.0m4.0m7.0m6.0m6.0m6.0m10.9m11.9m
51/53 4.0m7.9m8.8m8.9m12.5m11.0m11.5m17.8m17.9m7.5m15.0m15.0m4.0m7.0m6.0m6.0m6.0m10.9m11.9m
54/58 20.4m19.5m16.6m16.9m14.2m22.5m28.2m22.6m22.4m31.7m27.1m38.0m41.9m40.4m30.9m17.5m13.7m11.2m11.7m
490/1 6.3m4.2m3.7m4.8m5.0m5.9m6.1m4.1m2.3m3.0m2.4m1.4m1.5m1.3m11.6m13.1m10.3m4.8m2.6m
Balance sheet: equity and liabilities
10/49 324.5m253.9m257.6m241.1m220.8m177.6m145.1m167.5m179.6m160.3m95.2m94.2m87.6m94.4m295.7m279.3m232.8m196.4m160.7m
10/15 20.8m20.8m20.8m20.8m20.8m31.2m31.2m31.1m31.2m31.3m31.3m31.0m31.0m31.5m31.1m27.0m22.9m18.2m17.4m
10/11 3.0m3.0m3.0m3.0m3.0m3.0m3.0m3.0m3.0m3.0m3.0m3.0m3.0m3.0m3.0m3.0m3.0m3.0m3.0m
10 3.0m3.0m3.0m3.0m3.0m--------------
100 3.0m3.0m3.0m3.0m3.0m3.0m3.0m3.0m3.0m3.0m3.0m3.0m3.0m3.0m3.0m3.0m3.0m3.0m3.0m
13 17.8m17.8m17.8m17.8m17.8m28.0m28.0m28.0m28.0m28.0m28.0m28.0m28.0m28.0m28.0m24.0m19.0m14.0m14.0m
130/1 300,000300,000300,000300,000300,000300,000-------------
130 300,000300,000300,000300,000300,000300,000300,000300,000300,000300,000300,000300,000300,000300,000300,000300,000300,000300,000300,000
132 8,9248,9248,9248,9248,9248,9248,9248,9248,9248,9248,9248,9248,9248,9248,9248,9248,9248,9248,924
133 17.4m17.4m17.4m17.4m17.4m27.7m27.7m27.7m27.7m27.7m27.7m27.7m27.7m27.7m27.7m23.7m18.7m13.7m13.7m
14 -----218,676191,10261,210170,732320,256286,52525,78012,937529,004145,01824,379910,3341.2m399,916
16 1.7m2.0m2.2m2.6m2.6m3.0m2.8m4.1m4.1m3.8m4.5m4.8m4.6m3.0m2.6m2.5m2.1m1.5m1.3m
160/5 1.7m2.0m2.2m2.6m2.6m3.0m2.8m4.1m4.1m3.8m4.5m4.8m4.6m3.0m2.6m2.5m2.1m1.5m1.3m
160 ------35,00644,804119,651135,548159,508199,617238,271234,886301,538350,316350,316--
163 ------1.3m1.5m-----------
164/5 1.7m2.0m2.2m2.6m2.6m3.0m1.5m2.5m4.0m3.7m4.3m4.6m4.4m2.7m2.3m2.2m1.7m1.5m1.3m
17/49 302.0m231.2m234.6m217.8m197.5m143.4m111.1m132.4m144.3m125.2m59.5m58.4m52.0m59.9m261.9m249.8m207.8m176.7m142.0m
17 183.7m119.8m101.0m114.5m97.8m125.0m90.0m110.3m124.1m103.5m37.7m27.3m26.5m31.8m182.7m180.9m150.6m122.8m93.1m
170/4 183.7m119.8m101.0m114.5m97.8m125.0m90.0m110.3m124.1m103.5m37.7m27.3m26.5m31.8m182.7m180.9m150.6m122.8m93.1m
173 183.7m119.8m101.0m114.5m97.8m125.0m90.0m110.3m124.1m103.5m37.7m27.3m26.5m31.8m182.7m180.9m150.6m122.8m93.1m
178/9 ------------------2,019
42/48 117.8m111.0m133.2m102.9m99.5m17.5m18.5m20.7m18.0m19.6m20.8m22.6m24.2m27.6m78.3m67.9m56.4m53.1m48.1m
42 104.5m97.2m120.2m89.4m83.7m2.1m3.2m5.0m4.8m5.2m5.9m6.3m6.8m8.0m53.8m49.7m41.9m37.9m34.2m
43 -----------------36,97036,970
430/8 -----------------36,97036,970
44 9.8m8.0m7.7m8.9m10.1m11.4m11.2m11.2m9.2m9.6m10.5m11.4m14.3m14.0m17.4m12.4m10.5m11.0m8.6m
440/4 1.1m1.2m7.7m8.9m2.6m2.6m1.1m3.5m2.2m2.1m2.8m2.9m5.6m6.8m11.7m8.4m7.8m7.4m6.2m
441 8.7m6.7m--7.5m8.8m10.1m7.7m7.0m7.5m7.7m8.6m8.8m7.2m5.7m4.0m2.8m3.6m2.4m
46 143,360278,963323,917529,891286,24831,18497,392502,241----64,780328,931504,471726,678283,567677,9131.4m
45 1.1m1.0m1.0m867,8101.0m998,4411.1m943,5191.0m932,7951.3m1.3m975,6411.3m3.6m2.0m650,364487,073839,211
450/3 144,056148,458170,761136,649173,145155,548176,722147,410153,915148,870557,021454,010157,052505,3752.7m1.3m4,0287,313395,190
454/9 926,923892,001838,516731,161835,853842,892921,288796,108851,134783,924781,499882,371818,589799,044976,337714,613646,335479,760444,021
47/48 2.2m4.4m4.0m3.3m4.4m3.0m3.0m3.0m3.0m3.8m3.0m3.5m2.0m4.0m3.0m3.0m3.0m3.0m3.0m
492/3 544,189423,176395,565281,757223,930874,3502.6m1.5m2.2m2.1m1.0m8.5m1.3m460,355948,909966,988866,119735,896788,332
Income statement
70/76A 40.9m38.4m35.2m33.4m30.7m30.9m35.2m34.5m37.5m40.5m45.0m38.5m35.4m38.7m47.9m46.0m38.7m32.5m29.1m
70 24.9m21.3m18.9m18.1m16.7m15.0m14.0m13.2m14.4m16.8m21.2m15.6m14.3m30.6m43.6m41.8m35.4m29.1m26.5m
74 16.0m17.0m16.3m15.3m14.0m--------------
76A -------------1.1m--103,298--
60/66A 38.3m32.9m30.4m29.2m26.5m26.9m31.1m30.5m33.4m35.2m40.8m34.0m34.0m34.2m38.3m36.2m28.1m28.2m22.7m
60 9.8m7.7m6.0m4.3m3.4m2.6m2.6m3.2m4.3m6.2m9.7m3.9m2.6m5.5m7.8m7.6m6.6m5.7m4.4m
600/8 9.8m7.7m6.0m4.3m3.4m2.6m2.6m3.2m4.3m6.2m9.7m3.9m2.6m5.5m7.8m7.6m6.6m5.7m4.4m
609 -----------------25,731-
61 22.4m19.7m18.8m19.8m18.0m18.5m23.4m20.8m22.4m22.3m24.5m22.9m23.1m22.2m25.0m22.7m15.6m17.6m13.9m
62 5.6m5.1m5.1m4.6m4.8m4.6m4.6m4.4m4.4m4.3m4.4m4.5m4.6m5.2m4.9m4.7m4.6m4.6m4.2m
630 59,40276,41468,96061,15652,33157,36161,99886,19187,06787,95876,93556,33059,25465,39566,93982,06981,81073,35283,678
631/4 -73,804-222,021217,613-184,246-154,18815,254-242,270-96,498-829,080646,400368,640-264,250118,83549,440-82,291308,342439,219-96,53658,573
635/8 -272,597-230,969-366,460-4,595-458,200259,374-1.3m44,920336,049-659,818-291,074241,0851.7m436,288115,459472,077603,441122,588-122,823
640/8 800,072802,469538,631599,555818,786907,4851.8m2.1m2.8m2.4m2.1m2.7m1.8m723,588461,781371,404160,474214,746196,170
66A ------145,808-----747------
9901 2.6m5.4m4.8m4.2m4.2m4.0m4.1m4.1m4.0m5.2m4.2m4.5m1.4m4.5m9.6m9.8m10.6m4.3m6.4m
75/76B 401,886568,913482,113348,660440,265214,970423,334317,879395,592481,178593,681470,316565,800701,489817,611629,700559,9731.3m1.3m
75 401,886568,913482,113348,660440,265214,970423,334317,879395,592481,178593,681470,316565,800701,489817,611629,700559,9731.3m1.3m
750 --------------486911953,0033,883
751 172,418334,393249,55258,13926,34118,54657,23616,4106,95520,57435,85750,54563,487143,555159,47293,109214,061947,978958,473
752/9 229,468234,520232,560290,521413,924196,424366,098301,470388,636460,604557,824419,771502,313557,935657,654535,680345,817328,227310,201
65/66B 29,80730,307-34,842106,15876,11399,15450,760171,39974,28935,66144,82958,37240,44240,24241,95043,60533,92432,04518,887
65 29,80730,307-34,842106,15876,11399,15450,760171,39974,28935,66144,82958,37240,44240,24241,95043,60533,92432,04518,887
650 13,94914,47212,28511,14914,27520,07321,25321,09823,50028,48132,43136,25435,49036,77337,52239,78230,33126,81717,045
651 677-65-63,34978,78447,13364,5837,179127,36437,842-5,369-2,00910,162433-13----
652/9 15,18115,90016,22216,22414,70514,49922,32922,93712,94712,55014,40811,9564,5193,4694,4143,8223,5935,2281,842
9903 2.9m6.0m5.3m4.4m4.6m4.1m4.5m4.2m4.4m5.7m4.7m4.9m1.9m6.3m10.4m10.4m11.2m5.5m7.6m
67/77 764,7201.5m1.4m1.2m1.2m1.1m1.3m1.3m1.5m1.9m1.4m1.4m431,9381.9m3.3m3.3m3.5m1.7m2.5m
670/3 768,8411.5m1.4m1.2m1.2m1.1m1.3m1.3m1.8m2.0m1.4m1.4m703,8751.9m3.3m3.3m3.6m1.9m2.5m
77 4,122------10,211299,892158,845--271,937545-3,35677,371183,171-
9904 2.2m4.4m4.0m3.3m3.4m3.0m3.1m2.9m2.9m3.8m3.3m3.5m1.5m4.4m7.1m7.1m7.7m3.8m5.2m
9905 2.2m4.4m4.0m3.3m3.4m3.0m3.1m2.9m2.9m3.8m3.3m3.5m1.5m4.4m7.1m7.1m7.7m3.8m5.2m
Appropriation of the result
9906 2.2m4.4m4.0m3.3m3.6m3.2m3.2m3.1m3.2m4.1m3.3m3.5m2.0m4.5m7.1m8.0m8.9m4.2m5.4m
14P ----218,676--------------
791/2 ----10.3m--------------
792 ----10.3m--------------
691/2 --------------4.0m5.0m5.0m-2.0m
6921 --------------4.0m5.0m5.0m-2.0m
694/7 2.2m4.4m4.0m3.3m13.9m3.0m3.0m3.0m3.0m3.8m3.0m3.5m2.0m4.0m3.0m3.0m3.0m3.0m3.0m
694 2.2m4.4m4.0m3.3m13.9m3.0m3.0m3.0m3.0m3.8m3.0m3.5m2.0m4.0m3.0m3.0m3.0m3.0m3.0m
Social balance sheet
9087 52.548.850.150.752.754.455.153.755.455.857.258.561.968.27377.278.378.977.4
Men (FTE)1003 18.11616.216.21616.317.318.319.119.220.421.321.423.8-----
Women (FTE)1003 34.432.833.934.536.738.137.835.436.336.636.837.240.544.4-----
Agency workers1501 0.610.410.40.1110.82.71.91.31.14.74.93.31.14.24
Hours worked1013 77,45072,95777,35375,38080,17580,96885,09283,19084,15883,67787,75788,63895,155100,181112,121113,416113,709116,289111,957
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 18 older financial years (1989-2006) were filed as documents without figures as data, scans for example.

The notes to these accounts have 59 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 30-03-2026.

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 30-03-2026 2026-00073472 PDF
31-12-2024 full format 27-03-2025 2025-00057210 PDF
31-12-2023 full format 15-04-2024 2024-00063783 PDF
31-12-2022 full format 27-03-2023 2023-00046877 PDF
31-12-2021 full format 12-05-2022 2022-20026598 PDF
31-12-2020 full format 23-03-2021 2021-08400201 PDF
31-12-2019 full format 27-03-2020 2020-07800236 PDF
31-12-2018 full format 26-03-2019 2019-08000263 PDF
31-12-2017 full format 16-04-2018 2018-10000124 PDF
31-12-2016 full format 19-04-2017 2017-09500596 PDF
31-12-2015 full format 15-04-2016 2016-10100137 PDF
31-12-2014 full format 08-04-2015 2015-09400587 PDF
31-12-2013 full format 31-03-2014 2014-08000464 PDF
31-12-2012 full format 04-04-2013 2013-08200598 PDF
31-12-2011 full format 17-04-2012 2012-08800020 PDF
31-12-2010 full format 08-04-2011 2011-08100501 PDF
31-12-2009 full format 26-03-2010 2010-07800376 PDF
31-12-2008 full format 23-03-2009 2009-08600003 PDF
31-12-2007 full format 16-04-2008 2008-10800213 PDF
31-12-2006 full format 27-03-2007 2007-09602020 PDF
31-12-2005 full format 12-04-2006 2006-11201361 PDF
31-12-2004 full format 14-04-2005 2005-12003188 PDF
31-12-2003 full format 25-03-2004 2004-08804209 PDF
31-12-2002 full format 27-03-2003 2003-09604903 PDF
31-12-2001 full format 28-03-2002 2002-08403748 PDF
31-12-2000 full format 29-03-2001 2001-08201645 PDF
31-12-1999 full format 29-03-2000 2000-08001837 PDF
31-12-1998 full format 26-03-1999 1999-06102558 PDF
31-12-1997 full format 01-04-1998 1998-06001670 PDF
31-12-1996 full format 14-04-1997 1997-05604973 PDF
31-12-1995 full format 01-04-1996 1996-05104226 PDF
31-12-1994 full format 05-04-1995 1995-05203178 PDF
31-12-1993 full format 28-03-1994 1994-04805069 PDF
31-12-1992 full format 01-04-1993 1993-05000778 PDF
31-12-1991 full format 24-03-1992 1992-03105300 PDF
31-12-1990 full format 17-04-1991 1991-04003225 PDF
31-12-1989 full format 18-04-1990 1990-03202407 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
5,58427,782207,289114,95337,9995,94525,12866,32219,425123,768111,78872,91933,44928,38138,96869,64147,997102,44658,007
898,7782.9m-241,7402.6m-8.2m-5.7m5.6m208,314-9.4m4.6m-10.9m-3.9m1.6m9.5m13.4m3.8m2.5m-496,571-
10.3%25.5%25.5%23.2%25.3%26.5%29.1%30.8%28.0%31.1%19.6%28.9%9.7%14.8%22.1%23.5%30.0%14.7%24.1%
6.4%8.2%8.1%8.6%9.4%17.6%21.5%18.5%17.4%19.5%32.9%32.9%35.4%33.4%10.5%9.7%9.8%9.3%10.8%
10.4%21.4%19.1%15.8%16.4%9.7%10.0%9.3%9.1%12.2%10.4%11.3%4.8%13.9%22.9%26.3%33.6%20.9%29.8%
0.7%1.8%1.5%1.4%1.5%1.7%2.2%1.7%1.6%2.4%3.4%3.7%1.7%4.6%2.4%2.5%3.3%1.9%3.2%

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 date5555535555
full-time3332353637
part-time2223181918
in full-time equivalents50.950.148.950.351.3
52.548.850.150.752.7
On a permanent contract5555535454
Joined55351
Left53554
Agency workers, average number0.610.410.4
Training hours1,4081,4821,5721,2801,110

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

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€5,584€27,782€207,289€114,953€37,999
€59,402€76,414€68,960€61,156€52,331

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

Auditor

fees
Item20252024202320222021
Fee for the audit€21,600€20,970€20,300€17,000€17,000

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

Insights on ELANTIS

The operating result for 2025 is 53% lower than in 2024 and the lowest since 2013.

Debt's share of the balance-sheet total rises from 91.1% to 93.1%. Debt is higher.

Next steps