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ELAUT

Active
Public limited companyfounded 197749 yrs activePasstraat 223, 9100 Sint-Niklaas, BelgiumKBO/BCE: BE 0416.901.743
Summary

ELAUT has been active since 1977 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17.9m and a net result of €70,784. Equity is growing by ~10.2% per year across the filed fiscal years. Its solvency ranks better than 80% of 4926 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability61▼-21
Solvency99▲+10
Growth43▼-23
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,350,000 at 30 days acceptable
Liquidity ample (current ratio 4.05 against 2.59 in 2024; short-term debt: 19.7% and cash: 1.5% of total assets), and 25.8% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 49 years 0 50 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
74.2%
Return on assets
0.3%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
23 d early
2024
24 d early
2023
23 d early
2022
18 d early
2021
24 d early
2020
18 d early
2019
17 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 21 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

ELAUT was incorporated on 1 March 1977.1 In 2006 the capital was increased by EUR 3,160 to EUR 375,000.2 The board currently has 4 members; E.M.V. BV has served longest, since 2022.3 Revenue fell from EUR 26 million in 2018 to EUR 21 million in 2025 and headcount from 69 to 72.7 full-time equivalents.4

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 30-01-2006
  3. 3Belgian State Gazette, 08-09-2022
  4. 4National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema

Turnover
€21.4m▼ 30.0%
2024 · €30.5m
EBIT margin
3.5%▼ 9.9pp
2024 · 13.4%
Net result
€70,784▼ 97.9%
2024 · €3.3m
Working capital
€14.5m▼ 0.5%
2024 · €14.5m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€13.6m▲ 14.3%€25.0m▲ 84.0%€37.4m▲ 49.4%€30.5m▼ 18.3%€21.4m▼ 30.0%
Operating result€711,633€3.8m▲ 437%€9.5m▲ 148%€4.1m▼ 56.9%€751,289▼ 81.7%
Net result€743,221above the sector's middle half€3.4mabove the sector's middle half▲ 363%€7.7mabove the sector's middle half▲ 123%€3.3mabove the sector's middle half▼ 56.7%€70,784within the sector's middle half▼ 97.9%
EBIT margin5.2%▲ 7.9pp15.3%▲ 10.1pp25.4%▲ 10.1pp13.4%▼ 12.0pp3.5%▼ 9.9pp
Equity€8.8mabove the sector's middle half▼ 12.5%€10.5mabove the sector's middle half▲ 19.3%€14.6mabove the sector's middle half▲ 38.6%€17.8mabove the sector's middle half▲ 22.5%€17.9mabove the sector's middle half▲ 0.1%
Total assets€13.6mabove the sector's middle half▲ 5.8%€18.4mabove the sector's middle half▲ 35.3%€22.8mabove the sector's middle half▲ 23.7%€27.9mabove the sector's middle half▲ 22.4%€24.1mabove the sector's middle half▼ 13.8%
Debt€4.8m▲ 73.8%€7.8m▲ 64.7%€8.1m▲ 2.7%€10.0m▲ 23.8%€6.1m▼ 38.4%
Working capital€8.5m▼ 12.8%€10.3m▲ 22.1%€14.1m▲ 36.2%€14.5m▲ 3.4%€14.5m▼ 0.5%
Solvency64.7%above the sector's middle half▼ 13.5pp57.0%within the sector's middle half▼ 7.7pp63.9%above the sector's middle half▲ 6.8pp63.9%within the sector's middle half=74.2%above the sector's middle half▲ 10.3pp
Staff (FTE)54.8above the sector's middle half▼ 17.6%55.7above the sector's middle half▲ 1.6%59.9above the sector's middle half▲ 7.5%73.5above the sector's middle half▲ 22.7%72.7above the sector's middle half▼ 1.1%
above within below the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
€0€2.5m€5.0m€7.5m€10.0mOperating result 2021: €711,633€711,633Net result 2021: €743,221€743,221Operating result 2022: €3.8m€3.8mNet result 2022: €3.4m€3.4mOperating result 2023: €9.5m€9.5mNet result 2023: €7.7m€7.7mOperating result 2024: €4.1m€4.1mNet result 2024: €3.3m€3.3mOperating result 2025: €751,289€751,289Net result 2025: €70,784€70,78420212022202320242025€0€2.5m€5m€7.5m€10mOperating result 2023: €9.5m€9.5mNet result 2023: €7.7m€7.7mOperating result 2024: €4.1m€4.1mNet result 2024: €3.3m€3.3mOperating result 2025: €751,289€751,000Net result 2025: €70,784€70,800202320242025
The operating result has fallen two years in a row; 2025 is 82% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €24.1m
Fixed assets €4.9m ▲ 15.1%
Current assets €19.2m ▼ 18.9%
Equity and liabilities €24.1m
Equity €17.9m ▲ 0.1%
Provisions €68,505 ▼ 41.5%
Debt €6.1m ▼ 38.4%
Debt's share of the balance-sheet total falls from 35.7% to 25.5%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€1.3m▼
2024 · €4.4m
Cash flow
€651,987▼
2024 · €3.7m
Current ratio
4.05▲
2024 · 2.59
Quick ratio
2.13▲
2024 · 1.49
Debt to equity
0.34▼
2024 · 0.56
ROE
0.4%▼
2024 · 18.6%
ROA
0.3%▼
2024 · 11.9%
Interest coverage
9.90▼
2024 · 156.76
Debt ≤ 1 year
€4.7m▼
2024 · €9.2m
Debt > 1 year
€1.1m▲
2024 · €54,254
Income taxes
€22,594▼
2024 · €847,089
Staff costs
€4.9m▼
2024 · €4.9m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,832 companies that looked in July 2024 the way this one looks now, 0.1% went bankrupt within 24 months and 98% are still going.

  • Medium-sized
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.1% went bankrupt
2.0% stopped otherwise
98% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,832 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 87 lines
Balance sheet Code20242025
Assets
Total assets20/58€27.9m€24.1m▼
Fixed assets21/28€4.2m€4.9m▲
Intangible fixed assets21€3.0m€2.7m▼
Tangible fixed assets22/27€1.2m€2.1m▲
Plant, machinery and equipment23€830,572€638,890▼
Furniture and vehicles24€82,354€52,696▼
Leasing and similar rights25-€1.3m
Other tangible fixed assets26€253,996€168,880▼
Financial fixed assets28€45,119€45,119=
Other financial fixed assets284/8€45,119€45,119=
Amounts receivable and cash guarantees285/8€45,119€45,119=
Current assets29/58€23.7m€19.2m▼
Stocks and contracts in progress3€10.0m€9.1m▼
Stocks30/36€10.0m€9.1m▼
Raw materials and consumables30/31€4.7m€4.2m▼
Work in progress32€3.5m€3.6m▲
Finished goods33€1.4m€747,611▼
Goods purchased for resale34€436,999€530,956▲
Amounts receivable within one year40/41€13.2m€9.7m▼
Trade receivables40€11.4m€9.1m▼
Other amounts receivable41€1.8m€642,089▼
Cash at bank and in hand54/58€394,010€361,774▼
Deferred charges and accrued income490/1€83,132€77,627▼
Equity and liabilities
Total equity and liabilities10/49€27.9m€24.1m▼
Equity10/15€17.8m€17.9m▲
Contributions10/11€332,806€332,806=
Capital10€332,806€332,806=
Issued capital100€332,806€332,806=
Reserves13€17.5m€17.5m▲
Non-distributable reserves130/1€33,281€33,281=
Legal reserve130€33,281€33,281=
Tax-exempt reserves132€842,000€842,000=
Distributable reserves133€16.6m€16.7m▲
Provisions and deferred taxes16€117,010€68,505▼
Provisions for liabilities and charges160/5€117,010€68,505▼
Other liabilities and charges164/5€117,010€68,505▼
Amounts payable17/49€10.0m€6.1m▼
Amounts payable after more than one year17€54,254€1.1m▲
Financial debts170/4€54,254€1.1m▲
Leasing and similar obligations172-€1.1m
Credit institutions173€54,254€24,874▼
Amounts payable within one year42/48€9.2m€4.7m▼
Current portion of amounts payable after more than one year42€28,875€191,193▲
Trade debts44€5.2m€2.3m▼
Suppliers440/4€5.2m€2.3m▼
Advances received on contracts in progress46€34,351-
Taxes, remuneration and social security45€419,588€465,395▲
Taxes450/3-€16,809
Remuneration and social security454/9€419,588€448,586▲
Other amounts payable47/48€3.5m€1.8m▼
Accrued charges and deferred income492/3€753,229€276,942▼
Income statement Code20242025
Operating income70/76A€33.1m€21.7m▼
Turnover70€30.5m€21.4m▼
Change in stocks of work in progress, finished goods and contracts in progress71€1.9m-€514,550▼
Other operating income74€585,942€820,675▲
Non-recurring operating income76A€8,925-
Operating charges60/66A€29.0m€20.9m▼
Goods for resale, raw materials and consumables60€18.6m€10.9m▼
Purchases600/8€18.9m€10.5m▼
Change in stocks: decrease (increase)609-€219,884€394,531▲
Services and other goods61€5.2m€4.6m▼
Remuneration, social security and pensions62€4.9m€4.9m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€329,409€581,204▲
Provisions for liabilities and charges: additions (uses and reversals)635/8-€70,574-€48,505▲
Other operating charges640/8€8,195€18,784▲
Non-recurring operating charges66A-€63,710
Operating profit (loss)9901€4.1m€751,289▼
Financial income75/76B€489,872€284,505▼
Recurring financial income75€489,872€284,505▼
Income from current assets751€239,104€160,598▼
Other financial income752/9€250,768€123,907▼
Financial charges65/66B€414,948€942,415▲
Recurring financial charges65€414,948€942,415▲
Debt charges650€28,224€134,651▲
Other financial charges652/9€386,724€807,764▲
Profit (loss) for the period before taxes9903€4.2m€93,378▼
Income taxes67/77€847,089€22,594▼
Taxes670/3€847,089€22,594▼
Profit (loss) for the period9904€3.3m€70,784▼
Transfer to tax-exempt reserves689€842,000-
Profit (loss) for the period to be appropriated9905€2.5m€70,784▼
Appropriation of the result
Profit (loss) to be appropriated9906€2.5m€70,784▼
Transfer to equity691/2€2.4m€22,954▼
To other reserves6921€2.4m€22,954▼
Profit to be distributed694/7€49,141€47,830▼
Employees696€49,141€47,830▼
Social balance
Average headcount (FTE)908773.572.7▼

The notes to these accounts (72 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A€13.1m€25.4m€39.4m€33.1m€21.7m▼ 34.5%
Turnover70€13.6m€25.0m€37.4m€30.5m€21.4m▼ 30.0%
Change in stocks of work in progress, finished goods and contracts in progress71-€917,458-€154,630€1.4m€1.9m-€514,550▼ 126%
Other operating income74€297,040€509,177€697,771€585,942€820,675▲ 40.1%
Non-recurring operating income76A€89,293€12,800€12,810€8,925--
Operating charges60/66A€12.3m€21.5m€29.9m€29.0m€20.9m▼ 27.8%
Goods for resale, raw materials and consumables60€6.8m€13.8m€20.6m€18.6m€10.9m▼ 41.8%
Purchases600/8€7.0m€15.3m€20.2m€18.9m€10.5m▼ 44.5%
Change in stocks: decrease (increase)609-€240,717-€1.4m€365,255-€219,884€394,531▲ 279%
Services and other goods61€2.3m€4.0m€5.2m€5.2m€4.6m▼ 11.5%
Remuneration, social security and pensions62€2.9m€3.5m€4.2m€4.9m€4.9m▼ 0.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€300,550€301,946€318,960€329,409€581,204▲ 76.4%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€114,333-€242,607-€528,588---
Provisions for liabilities and charges: additions (uses and reversals)635/8-€11,975€27,255€106,984-€70,574-€48,505▲ 31.3%
Other operating charges640/8€47,563€45,297€26,318€8,195€18,784▲ 129%
Non-recurring operating charges66A€104,733€4,900--€63,710-
Operating profit (loss)9901€711,633€3.8m€9.5m€4.1m€751,289▼ 81.7%
Financial income75/76B€351,383€1.1m€146,984€489,872€284,505▼ 41.9%
Recurring financial income75€351,383€1.1m€146,984€489,872€284,505▼ 41.9%
Income from current assets751€7,805€10,300€108,774€239,104€160,598▼ 32.8%
Other financial income752/9€343,579€1.1m€38,209€250,768€123,907▼ 50.6%
Financial charges65/66B€141,820€541,919€182,490€414,948€942,415▲ 127%
Recurring financial charges65€141,820€541,919€178,700€414,948€942,415▲ 127%
Debt charges650€12,529€32,038€10,939€28,224€134,651▲ 377%
Other financial charges652/9€129,291€509,881€167,761€386,724€807,764▲ 109%
Non-recurring financial charges66B--€3,791---
Profit (loss) for the period before taxes9903€921,196€4.4m€9.5m€4.2m€93,378▼ 97.8%
Income taxes67/77€177,975€931,626€1.8m€847,089€22,594▼ 97.3%
Taxes670/3€177,975€931,626€1.8m€847,089€22,594▼ 97.3%
Profit (loss) for the period9904€743,221€3.4m€7.7m€3.3m€70,784▼ 97.9%
Transfer to tax-exempt reserves689---€842,000--
Profit (loss) for the period to be appropriated9905€743,221€3.4m€7.7m€2.5m€70,784▼ 97.1%
Line20212022202320242025Change
Assets
Total assets20/58€13.6m€18.4m€22.8m€27.9m€24.1m▼ 13.8%
Fixed assets21/28€733,292€742,337€937,724€4.2m€4.9m▲ 15.1%
Intangible fixed assets21€167,096€96,593€138,086€3.0m€2.7m▼ 10.6%
Tangible fixed assets22/27€521,677€601,225€755,119€1.2m€2.1m▲ 81.7%
Plant, machinery and equipment23€170,655€291,843€311,143€830,572€638,890▼ 23.1%
Furniture and vehicles24€201,212€167,532€128,565€82,354€52,696▼ 36.0%
Leasing and similar rights25----€1.3m-
Other tangible fixed assets26€149,810€141,850€315,412€253,996€168,880▼ 33.5%
Financial fixed assets28€44,519€44,519€44,519€45,119€45,119=
Other financial fixed assets284/8€44,519€44,519€44,519€45,119€45,119=
Amounts receivable and cash guarantees285/8€44,519€44,519€44,519€45,119€45,119=
Current assets29/58€12.9m€17.7m€21.9m€23.7m€19.2m▼ 18.9%
Stocks and contracts in progress3€6.4m€7.9m€7.9m€10.0m€9.1m▼ 9.4%
Stocks30/36€5.6m€7.2m€7.9m€10.0m€9.1m▼ 9.4%
Raw materials and consumables30/31€3.3m€4.8m€4.5m€4.7m€4.2m▼ 11.4%
Work in progress32€1.5m€1.6m€2.6m€3.5m€3.6m▲ 4.3%
Finished goods33€668,211€380,794€364,132€1.4m€747,611▼ 46.3%
Goods purchased for resale34€156,779€520,487€391,845€436,999€530,956▲ 21.5%
Contracts in progress37€760,410€658,487----
Amounts receivable within one year40/41€4.7m€8.3m€13.4m€13.2m€9.7m▼ 26.6%
Trade receivables40€4.4m€7.6m€9.4m€11.4m€9.1m▼ 20.7%
Other amounts receivable41€312,540€683,468€4.0m€1.8m€642,089▼ 64.1%
Cash at bank and in hand54/58€1.8m€1.3m€477,510€394,010€361,774▼ 8.2%
Deferred charges and accrued income490/1€43,790€115,709€130,522€83,132€77,627▼ 6.6%
Equity and liabilities
Total equity and liabilities10/49€13.6m€18.4m€22.8m€27.9m€24.1m▼ 13.8%
Equity10/15€8.8m€10.5m€14.6m€17.8m€17.9m▲ 0.1%
Contributions10/11€332,806€332,806€332,806€332,806€332,806=
Capital10€332,806€332,806€332,806€332,806€332,806=
Issued capital100€332,806€332,806€332,806€332,806€332,806=
Reserves13€8.5m€10.2m€14.2m€17.5m€17.5m▲ 0.1%
Non-distributable reserves130/1€33,281€33,281€33,281€33,281€33,281=
Legal reserve130€33,281€33,281€33,281€33,281€33,281=
Tax-exempt reserves132---€842,000€842,000=
Distributable reserves133€8.4m€10.1m€14.2m€16.6m€16.7m▲ 0.1%
Provisions and deferred taxes16€53,345€80,600€187,584€117,010€68,505▼ 41.5%
Provisions for liabilities and charges160/5€53,345€80,600€187,584€117,010€68,505▼ 41.5%
Other liabilities and charges164/5€53,345€80,600€187,584€117,010€68,505▼ 41.5%
Amounts payable17/49€4.8m€7.8m€8.1m€10.0m€6.1m▼ 38.4%
Amounts payable after more than one year17€38,530€111,507€83,128€54,254€1.1m▲ 1,955%
Financial debts170/4€38,530€111,507€83,128€54,254€1.1m▲ 1,955%
Leasing and similar obligations172----€1.1m-
Credit institutions173€38,530€111,507€83,128€54,254€24,874▼ 54.2%
Amounts payable within one year42/48€4.4m€7.4m€7.8m€9.2m€4.7m▼ 48.2%
Current portion of amounts payable after more than one year42€273,864€66,422€28,379€28,875€191,193▲ 562%
Financial debts43-€664,017----
Credit institutions430/8-€664,017----
Trade debts44€2.2m€2.5m€3.7m€5.2m€2.3m▼ 56.2%
Suppliers440/4€2.2m€2.5m€3.7m€5.2m€2.3m▼ 56.2%
Advances received on contracts in progress46€1.6m€984,110€131,964€34,351--
Taxes, remuneration and social security45€333,484€366,042€384,749€419,588€465,395▲ 10.9%
Taxes450/3€1€1--€16,809-
Remuneration and social security454/9€333,484€366,042€384,749€419,588€448,586▲ 6.9%
Other amounts payable47/48€3,469€2.8m€3.6m€3.5m€1.8m▼ 47.9%
Accrued charges and deferred income492/3€288,905€366,000€162,249€753,229€276,942▼ 63.2%
Line20212022202320242025Change
Profit (loss) for the period9904€743,221€3.4m€7.7m€3.3m€70,784▼ 97.9%
+ Depreciation and write-downs630€300,550€301,946€318,960€329,409€581,204▲ 76.4%
Operating cash flow (approximation)€1.0m€3.7m€8.0m€3.7m€651,987▼ 82.1%
Investment in fixed assets (approximation)--€310,991-€514,348-€3.6m-€1.2m▲ 66.3%
Change in cash--€415,504-€865,417-€83,499-€32,236▲ 61.4%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
08-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
22-01
State Gazette act Reappointment: EY Bedrijfsrevisoren BV (statutory auditor)
Permanent representatives: Evelien De Groote and Eric Verstraeten4 facts ▸
  • General meeting, 15-12-2025
  • Auditor reappointment, EY Bedrijfsrevisoren BV
  • Permanent representative, Evelien De Groote
  • Permanent representative, Eric Verstraeten
2025
07-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
08-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
10-01
State Gazette act Resignations: ERVÉ, JORENS and E.M.V.
Appointment: OPCO (sole director) · Permanent representative: Verstraeten Eric · Purpose change13 facts ▸
  • General meeting, 05-12-2023
  • Purpose change, De vennootschap heeft tot voorwerp, zowel in België als daarbuiten, zowel voor eigen rekening als voor rekening van derden, in consignatie, als tussenpersoon of…
  • Statutes amendment
  • Capital, €332.806,27
  • Director resignation, ERVÉ (director)
  • Director resignation, JORENS (director)
  • Director resignation, E.M.V. (director)
  • Director discharge, ERVÉ
  • Director discharge, JORENS
  • Director discharge, E.M.V.
  • Director appointment, OPCO (sole director)
  • Permanent representative, Verstraeten Eric
  • +1 further facts in this act
2023
31-12
Financial Highest result since 2018net €7.7m ▲123%
Operating result €9.5m, net result €7.7m, both a record.
27-12
State Gazette act Permanent representatives: Evelien De Groote and Eric Verstraeten
2 facts ▸
  • Permanent representative, Evelien De Groote
  • Permanent representative, Eric Verstraeten
13-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Equity above €10mEq €10.5m ▲19.3%
2 profitable years in a row build equity to €10.5m.
08-09
State Gazette act Reappointments: BV Ervé, BV E.M.V. and 2 others
Permanent representatives: Eric Verstraeten, Emmy Verstraeten and 2 others · Appointment: BV E.M.V. (managing director)13 facts ▸
  • General meeting, 30-06-2022
  • Director reappointment, BV Ervé (director)
  • Director reappointment, BV E.M.V. (director)
  • Director reappointment, BV Jorens (director)
  • Permanent representative, Eric Verstraeten
  • Permanent representative, Emmy Verstraeten
  • Permanent representative, Helga Verstraeten
  • Auditor reappointment, BV EY Bedrijfsrevisoren
  • Board meeting, 30-06-2022
  • Director reappointment, BV Ervé (managing director)
  • Director appointment, BV E.M.V. (managing director)
  • Director reappointment, BV Jorens (managing director)
  • +1 further facts in this act
07-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Back to profitnet €743,221
Net result €743,221 after one loss-making year.
Show earlier events
13-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Weakest financial yearnet -€235,479
Net result drops to -€235,479, the lowest in the series; recovery starts the following year.
14-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
01-07
State Gazette act Appointment: Ernst & Young Bedrijfsrevisoren CVBA (statutory auditor)
Permanent representatives: Francis Boelens and Eric Verstraeten4 facts ▸
  • General meeting, 30-05-2019
  • Auditor appointment, Ernst & Young Bedrijfsrevisoren CVBA (statutory auditor)
  • Permanent representative, Francis Boelens
  • Permanent representative, Eric Verstraeten
2019
31-12
Financial Equity above €10mEq €10.3m ▲8.8%
2 profitable years in a row build equity to €10.3m.
12-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
25-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
14-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
14-11
State Gazette act Appointment: Ernst & Young Bedrijfsrevisoren BV CVBA (statutory auditor)
Permanent representatives: Marleen Mannekens and Eric Verstraeten4 facts ▸
  • General meeting, 23-09-2016
  • Auditor appointment, Ernst & Young Bedrijfsrevisoren BV CVBA (statutory auditor)
  • Permanent representative, Marleen Mannekens
  • Permanent representative, Eric Verstraeten
03-08
State Gazette act Reappointments: BVBA ERVE, BVBA JORENS and BVBA E.M.V.
Permanent representatives: Eric Verstraeten, Helga Verstraeten and Emmy Verstraeten9 facts ▸
  • General meeting, 07-07-2016
  • Director reappointment, BVBA ERVE (director)
  • Director reappointment, BVBA JORENS (director)
  • Director reappointment, BVBA E.M.V. (director)
  • Director reappointment, BVBA ERVE (managing director)
  • Director reappointment, BVBA JORENS (managing director)
  • Permanent representative, Eric Verstraeten
  • Permanent representative, Helga Verstraeten
  • Permanent representative, Emmy Verstraeten
2014
03-10
State Gazette act Capital & shares · Restructuring
Demerger · Accounting effect · Net-asset statement18 facts ▸
  • General meeting, 09-07-2014
  • Demerger, 09-07-2014
  • Accounting effect, 01-01-2014
  • Net-asset statement, 31-12-2013
  • Capital decrease, €16.391,51
  • Capital, €332.806,27
  • Share issue, Issued below par value as compensation for the split, 570
  • Share issue, 190
  • Share issue, 190
  • Share issue, 190
  • Real estate, Opstallen (zonder grond) te Sint-Niklaas, Passtraat 223, Sectie C nummer 201/N, groot 55a 29ca
  • Real estate, Opstallen (zonder grond) te Sint-Niklaas, Passtraat 225, Sectie C nummer 205/A, groot 54a 27ca
  • +6 further facts in this act
19-09
State Gazette act Capital & shares · Restructuring
Demerger · Accounting effect · Net-asset statement9 facts ▸
  • General meeting, 09-07-2014
  • Demerger, partial split by absorption, 100% participatie in Elaut USA, INC.
  • Demerger, partial split by absorption, 100% participatie in Elaut USA, INC.
  • Demerger, partial split by absorption, 100% participatie in Elaut USA, INC.
  • Accounting effect, 01-01-2014
  • Net-asset statement, 31-12-2013
  • Capital decrease, €-25.802,22
  • Capital, €349.197,78
  • Power of attorney, Ernst & Young Fiduciaire BV ovv. CVBA
15-07
State Gazette act Resignation: BVBA NooMI (director)
Permanent representatives: Bruno Put, Emmy Verstraeten and Eric Verstraeten · Appointments: BVBA E.M.V. (director) and Erve BVBA (day-to-day manager)7 facts ▸
  • General meeting, 20-06-2014
  • Director resignation, BVBA NooMI (director)
  • Permanent representative, Bruno Put
  • Director appointment, BVBA E.M.V. (director)
  • Permanent representative, Emmy Verstraeten
  • Director appointment, Erve BVBA (day-to-day manager)
  • Permanent representative, Eric Verstraeten
05-06
State Gazette act Restructuring
Permanent representatives: Eric Verstraeten, Helga Verstraeten and Bruno Put · Appointment: Ernst & Young Bedrijfsrevisoren (statutory auditor) · Demerger41 facts ▸
  • Demerger, Partiële splitsing door overneming: participatie in ELAUT USA, INC. (1/3) naar ERVÉ BVBA
  • Demerger, Partiële splitsing door overneming: participatie in ELAUT USA, INC. (1/3) naar E.M.V. BVBA
  • Demerger, Partiële splitsing door overneming: participatie in ELAUT USA, INC. (1/3) naar JORENS BVBA
  • Demerger, Partiële splitsing door overneming: onroerende goederen naar IMMOBILIËN VAN DEN BRIL NV
  • Accounting effect, 01-01-2014
  • Accounting effect, 01-01-2014
  • Accounting effect, 01-01-2014
  • Accounting effect, 01-01-2014
  • Net-asset statement, 31-12-2013
  • Net-asset statement, 31-12-2013
  • Real estate, Opstalrechten op gronden die eigendom zijn van IMMOBRIL NV
  • Capital, €375.000
  • +29 further facts in this act
06-01
State Gazette act Resignation: E.M.V. (director)
Permanent representatives: Emmy Verstraeten and Bruno Put · Appointments: NooMi (director) and ERNST & YOUNG Bedrijfsrevisoren (statutory auditor)7 facts ▸
  • General meeting, 09-09-2013
  • Director resignation, E.M.V. (director)
  • Permanent representative, Emmy Verstraeten
  • Director appointment, NooMi (director)
  • Permanent representative, Bruno Put
  • Director resignation, statutory auditor
  • Auditor appointment, ERNST & YOUNG Bedrijfsrevisoren (statutory auditor)
2011
03-10
State Gazette act Statutes amendment
6 facts ▸
  • General meeting, 25-08-2011
  • Statutes amendment
  • Statutes amendment
  • Statutes amendment
  • Statutes amendment
  • Statutes amendment
2010
21-05
State Gazette act Reappointments: ERNST & YOUNG & PARTNERS, ERVE and 2 others
Permanent representatives: Eric Verstraeten, Helga Verstraeten and Emmy Verstraeten · Appointments: ERVE, JORENS and E.M.V. · Director resignation13 facts ▸
  • General meeting, 25-02-2010
  • Director resignation, statutory auditor
  • Auditor reappointment, ERNST & YOUNG & PARTNERS
  • Director reappointment, ERVE (director)
  • Permanent representative, Eric Verstraeten
  • Director reappointment, JORENS (director)
  • Permanent representative, Helga Verstraeten
  • Director reappointment, E.M.V. (director)
  • Permanent representative, Emmy Verstraeten
  • Board meeting, 25-02-2010
  • Director appointment, ERVE (managing director)
  • Director appointment, JORENS (managing director)
  • +1 further facts in this act
2007
07-05
State Gazette act Reappointment: ERNST & YOUNG & PARTNERS (statutory auditor)
Permanent representative: Eric VERSTRAETEN3 facts ▸
  • General meeting, 29-03-2007
  • Auditor reappointment, ERNST & YOUNG & PARTNERS (statutory auditor)
  • Permanent representative, Eric VERSTRAETEN
2006
30-01
State Gazette act Capital & shares · Purpose
Capital · Capital increase · Purpose change7 facts ▸
  • General meeting, 27-12-2005
  • Capital, €375.000
  • Capital increase, €3.159,71
  • Purpose change, Uitbreiding van het doel van de vennootschap door vervanging van de tekst van artikel 3 van de statuten
  • Statutes amendment
  • Share conversion, 750 aandelen zonder nominale waarde, 750 aandelen met nominale waarde
  • Capital conversion, 371840.29, 15000000
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
16 of 16 acts read

Directors · office · real estate

Directors
4 directors, 3 in day-to-day management, no change since 2023

Board 4

E.M.V. BV
Director · since 30-06-2022 · Legal entity · perm. rep.: Emmy Verstraeten
Current
Erve BV
Director · since 30-06-2022 · Legal entity · perm. rep.: Eric Verstraeten
Current
Jorens BV
Director · since 30-06-2022 · Legal entity · perm. rep.: Helga Verstraeten
Current
OPCO
Sole director · since 05-12-2023 · Public limited company · perm. rep.: Verstraeten Eric
Current
7 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
NOOMI
Director · since 09-09-2013 · Legal entity · perm. rep.: Bruno Put
Not recently confirmed
E.M.V. BVBA
Director · since 20-06-2014 · Legal entity · perm. rep.: Emmy Verstraeten
Not recently confirmed
BVBA JORENS
Director · since 07-07-2016 · Legal entity · perm. rep.: Helga Verstraeten
Not recently confirmed
Erve BVBA
Director · since 07-07-2016 · Legal entity · perm. rep.: Eric Verstraeten
Not recently confirmed
E.M.V.
Director · Legal entity · perm. rep.: Emmy Verstraeten
Not recently confirmed
ERVE
Director · Legal entity · perm. rep.: Eric Verstraeten
Not recently confirmed
JORENS
Director · Legal entity · perm. rep.: Helga Verstraeten
Not recently confirmed

Day-to-day management 3

E.M.V. BV
Managing director · since 30-06-2022 · Legal entity · perm. rep.: Emmy Verstraeten
Current
Erve BV
Managing director · since 30-06-2022 · Legal entity · perm. rep.: Eric Verstraeten
Current
Jorens BV
Managing director · since 30-06-2022 · Legal entity · perm. rep.: Helga Verstraeten
Current
5 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
E.M.V.
Managing director · since 25-02-2010 · Legal entity · perm. rep.: Emmy Verstraeten
Not recently confirmed
ERVE
Managing director · since 25-02-2010 · Legal entity · perm. rep.: Eric Verstraeten
Not recently confirmed
JORENS
Managing director · since 25-02-2010 · Legal entity · perm. rep.: Helga Verstraeten
Not recently confirmed
Erve BVBA
Managing director · since 20-06-2014 · Legal entity · perm. rep.: Eric Verstraeten
Not recently confirmed
BVBA JORENS
Managing director · since 07-07-2016 · Legal entity · perm. rep.: Helga Verstraeten
Not recently confirmed

Permanent representatives 3

Emmy Verstraeten
Permanent representative · since 30-06-2022 · for E.M.V. BV
Current
Helga Verstraeten
Permanent representative · since 30-06-2022 · for Jorens BV
Current
Verstraeten Eric
Permanent representative · since 05-12-2023 · for OPCO
Current
1 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
Bruno Put
Permanent representative · since 09-09-2013 · for NOOMI
Not recently confirmed

Statutory auditor 1

EY Bedrijfsrevisoren BV
Auditor · since 09-09-2013 · perm. rep.: Evelien De Groote
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Sint-Niklaas · 1 establishment unit since 1977
seat establishment The establishment unit on the map
Ground area
1.1 ha
Building footprint
6,424 m²
Parcel 46442C0201/00P000, Flanders. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Passtraat 223, 9100 Sint-Niklaas
NACE 3162101
since 19772.013.297.851
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46442C0201/00P000 Flanders 1.1 ha 1 · 6,424 m² -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

18 people since 2007, 12 in office
Show
  • Board
  • Day-to-day management
  • Statutory auditor
  • not recently confirmed
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
E.M.V. BV
  • Director, already before 30-06-2022 to date
  • Managing director, from 30-06-2022 to date
Erve BV
  • Director, already before 30-06-2022 to date
  • Managing director, already before 30-06-2022 to date
Jorens BV
  • Director, already before 30-06-2022 to date
  • Managing director, already before 30-06-2022 to date
OPCO
  • Sole director, from 05-12-2023 to date
EY Bedrijfsrevisoren BV
  • Auditor, from 09-09-2013 to date
E.M.V.
  • Managing director, from 25-02-2010 not ended, last confirmed 21-05-2010
  • Director, already before 21-05-2010 not ended, last confirmed 21-05-2010
ERVE
  • Managing director, from 25-02-2010 not ended, last confirmed 21-05-2010
  • Director, already before 21-05-2010 not ended, last confirmed 21-05-2010
JORENS
  • Managing director, from 25-02-2010 not ended, last confirmed 21-05-2010
  • Director, already before 21-05-2010 not ended, last confirmed 21-05-2010
NOOMI
  • Director, from 09-09-2013 not ended, last confirmed 06-01-2014
E.M.V. BVBA
  • Director, from 20-06-2014 not ended, last confirmed 03-08-2016
Erve BVBA
  • Day-to-day manager, from 20-06-2014 not ended, last confirmed 03-08-2016
  • Director, already before 07-07-2016 not ended, last confirmed 03-08-2016
BVBA JORENS
  • Director, already before 07-07-2016 not ended, last confirmed 03-08-2016
  • Managing director, already before 07-07-2016 not ended, last confirmed 03-08-2016
E.M.V.
  • Director, until 05-12-2023
Ervé
  • Director, until 05-12-2023
JORENS
  • Director, until 05-12-2023
BVBA NooMI
  • Director, until 20-06-2014
Ernst & Young & Partners
  • Auditor, from 29-03-2007 to 09-09-2013
V E M
  • Director, until 09-09-2013
See the board, name and seat on a given date →

Articles of association

Purpose
De vennootschap heeft tot doel, zowel in België als daarbuiten, zowel voor eigen rekening als voor rekening van derden, in consignatie, als tussenpersoon of als vertegenwoordiger…
Full purpose

De vennootschap heeft tot doel, zowel in België als daarbuiten, zowel voor eigen rekening als voor rekening van derden, in consignatie, als tussenpersoon of als vertegenwoordiger: -de productie, de assemblage, de installatie, de import en export, de aan- en verkoop, het verhuren en ter beschikking stellen van verkoopautomaten, amusementstoestellen, kansspelen, automatische ontspanningstoestellen, behendigheidsspelen en aanverwante of soortgelijke apparaten en toebehoren; -het uitbaten van deze toestellen op jaarmarkten en kermissen, in horecazaken, publieke plaatsen, pretparken, speelzalen, lunaparken en casino's, zowel in eigen naam als via gezamenlijke uitbating; -de klein- en groothandel in snoep, pluche, speelgoed, kleine elektronische of elektrische apparaten, en andere goederen welke als prijs kunnen gebruikt worden in dergelijke apparaten en uitbatingen; -de ontwikkeling van hard- en softwareoplossingen voor het beheer van deze apparaten en dergelijke uitbatingen, de handel in en assemblage van bureaumaterieel en- meubilair, computers en randapparatuur, hard- en software, zowel klein- als groothandel, zowel invoer als uitvoer, zowel voor eigen rekening als voor rekening van derden; -tussenpersoon in de handel, commissionair of tussenpersoon voor het verlenen van diensten met betrekking tot de uitbating van bovenvermelde toestellen; -het waarnemen van functies en/of mandaten van bestuurder, manager of vereffenaar en het deelnemen in ondernemingen. De vennootschap mag in België en in het buitenland alle commerciële, industriële, financiële, roerende en onroerende verrichtingen - zowel in volle eigendom, vruchtgebruik of blote eigendom - doen die rechtstreeks of onrechtstreeks in verband staan met haar maatschappelijk doel. Zij mag eveneens belangen verwerven bij wijze van inbreng, inschrijving of anderszins, in alle ondernemingen, verenigingen of vennootschappen. Zij mag zich voor deze vennootschappen borg stellen of hun aval verlenen, voorschotten en krediet toestaan, hypothecaire of andere waarborgen verstrekken. Zij kan onder meer octrooien, patenten, royalty's en aanverwante rechten verwerven, beheren en uitbaten, leningen verstrekken aan derden en zich borg stellen voor derden.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. OPCO 100%
  2. ELAUT

Highest known parent: OPCO. The sources do not say who stands above it.

Owners 1

Holdings 0

The accounts to 31-12-2025 list no holdings, and no other source names one.

According to the 2025 annual accounts of ELAUT and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

4 current directors
Depth

The group is listed under Ownership & control below; here you explore it as a network.

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

Acquisitions and mergers

5 transactions
Received in a demerger part of:IMMOBRIËN VAN DEN BRIL
partial demerger · State Gazette act of 03-10-2014 · effective 09-07-2014
Split off to:EMV
BE 0451.187.679partial demerger · State Gazette act of 19-09-2014 (2 acts)
Split off to:ERVE
BE 0449.669.135partial demerger · State Gazette act of 19-09-2014 (2 acts)
Split off to:JORENS
BE 0451.187.778partial demerger · State Gazette act of 19-09-2014 (2 acts)
BE 0430.311.893proposal · State Gazette act of 05-06-2014

Capital and shareholders

Capital over the years
  1. 10-01-2024 Capital stated in the act · 332,806.27 EUR · 750 shares
  2. 03-10-2014 Capital reduction of 16,391.51 EUR · to 332,806.27 EUR
  3. 19-09-2014 Capital reduction of 25,802.22 EUR · to 349,197.78 EUR
  4. 05-06-2014 Capital stated in the act · 375,000 EUR · 750 shares
  5. 30-01-2006 Capital increase of 3,159.71 EUR · to 375,000 EUR · from reserves

Public money · subsidies and aid

Flemish government

2022 to 2025 · 12 entries · 480,932 EUR awarded · 318,694 EUR paid
Year Entries awardedpaid
2025 4 280,205 EUR117,967 EUR
2024 2 6,745 EUR6,745 EUR
2023 3 12,701 EUR12,701 EUR
2022 3 181,281 EUR181,281 EUR
Schemes
1 entry · 269,238 EUR · 107,000 EUR paid · Fonds voor Innoveren en Ondernemen
1 entry · 175,000 EUR · 175,000 EUR paid · Fonds voor Innoveren en Ondernemen
4 entries · 28,440 EUR · 28,440 EUR paid · Vlaams Agentschap voor Internationaal Ondernemen
3 entries · 6,379 EUR · 6,379 EUR paid · Fonds voor Innoveren en Ondernemen
3 entries · 1,875 EUR · 1,875 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Legal Entity Identifier

549300NYXUOHF0UGGO10
live in the LEI register

Similar companies · same sector, comparable size

Of 227 companies in sector 46497 we hold annual accounts for 101. 14 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded01-03-1977
Fiscal year end31-12
Activities, NACEBEL 2025
26400Manufacture of computer, electronic and optical products
46497Wholesale trade
E-invoicing
Reachable via Peppol
Peppol ID 0208:0416901743
Registered 31-12-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.