Elar
Annual accounts 2025
abbreviated format, filed on 22-06-2026, 39 days before the deadlineTurnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €43,000. Estimated: probably between €25,000 and €80,000.
Balance sheet
balance sheet total €31,019 on 31-12-2025in euro
in euro
Position in the sector
42.2%
Higher than 63% of 4,845 companies in 2025.
0.75
Higher than 34% of 4,743 companies in 2025.
-23.5%
Higher than 10% of 4,767 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Staff
Staff costs divided by the average number of full-time equivalents.
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 |
31,019 | 65,805 | 40,521 | |
21/28 |
17,607 | 23,228 | 25,042 | |
22/27 |
17,607 | 23,228 | 25,042 | |
22 |
2,073 | 3,048 | 4,022 | |
23 |
6,574 | 10,697 | 11,277 | |
24 |
6,085 | 8,475 | 8,136 | |
26 |
2,875 | 1,009 | 1,607 | |
29/58 |
13,412 | 42,577 | 15,479 | |
40/41 |
2,020 | 2,125 | 1,306 | |
41 |
2,020 | 2,125 | 1,306 | |
54/58 |
7,292 | 13,485 | 12,679 | |
490/1 |
4,100 | 26,967 | 1,494 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
31,019 | 65,805 | 40,521 | |
10/15 |
13,079 | 20,356 | 26,570 | |
10/11 |
20,000 | 20,000 | 20,000 | |
11 |
20,000 | 20,000 | 20,000 | |
1100/10 |
20,000 | 20,000 | 20,000 | |
14 |
-6,921 | 356 | 6,570 | |
17/49 |
17,940 | 45,449 | 13,951 | |
42/48 |
17,940 | 45,449 | 13,951 | |
44 |
16,747 | 16,319 | 6,434 | |
440/4 |
16,747 | 16,319 | 6,434 | |
45 |
166 | 5,630 | 7,517 | |
450/3 |
166 | 5,630 | 4,287 | |
454/9 |
- | - | 3,230 | |
47/48 |
1,027 | 23,500 | - | |
| Income statement | ||||
9900 |
3,982 | 38,247 | 73,012 | |
62 |
- | - | 42,478 | |
630 |
8,061 | 6,957 | 10,114 | |
640/8 |
2,329 | 2,356 | 1,758 | |
66A |
- | 5,625 | - | |
9901 |
-6,409 | 23,309 | 18,661 | |
65/66B |
702 | 393 | 1,428 | |
65 |
702 | 393 | 1,428 | |
9903 |
-7,111 | 22,916 | 17,233 | |
67/77 |
166 | 5,630 | 4,287 | |
9904 |
-7,276 | 17,286 | 12,947 | |
9905 |
-7,276 | 17,286 | 12,947 | |
| Appropriation of the result | ||||
9906 |
-6,921 | 23,856 | 6,570 | |
14P |
356 | 6,570 | -6,377 | |
694/7 |
- | 23,500 | - | |
694 |
- | 23,500 | - | |
| Social balance sheet | ||||
9087 |
- | - | 2 | |
Hours worked1013 |
- | - | 3,600 | |
| Document | ||||
The notes to these accounts have 5 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 22-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 1,653 | 30,266 | 28,775 | ||
| 785 | 24,243 | 23,061 | ||
| 3,540 | 11,000 | - | ||
| -6,192 | 805 | - | ||
| -4,528 | -2,872 | 1,528 | ||
| 42.2% | 30.9% | 65.6% | ||
| 0.75 | 0.94 | 1.11 | ||
| 1.37 | 2.23 | 0.53 | ||
| -55.6% | 84.9% | 48.7% | ||
| -23.5% | 26.3% | 32.0% | ||
| 2.35 | 76.92 | 20.15 |
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 | 31-12-2023 |
|---|---|
| Employees at the balance-sheet date | 2 |
| full-time | 2 |
| in full-time equivalents | 2 |
| 2 | |
| On a permanent contract | 2 |
Source: social balance sheet in the 2023 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €3,540 | €11,000 | - |
| €8,061 | €6,957 | €10,114 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on Elar
The operating result for 2025 is a loss of €6,409, after a profit of €23,309 in 2024. It is the lowest result since 2023.
Debt's share of the balance-sheet total falls from 69.1% to 57.8%. Equity and debt are lower.