Elbas
Annual accounts 2025
micro format, filed on 15-12-2025, 47 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.
Balance sheet
balance sheet total €1.7m on 30-06-2025in euro
in euro
Position in the sector
0.9%
Higher than 9% of 9,770 companies in 2025.
0.2%
Higher than 19% of 9,624 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
1.7m | 1.7m | 1.7m | 1.7m | 1.3m | 1.1m | |
21/28 |
1.6m | 1.6m | 1.7m | 1.7m | 1.2m | 614,221 | |
22/27 |
1.6m | 1.6m | 1.7m | 1.7m | 1.2m | 614,221 | |
22 |
1.6m | 1.6m | 1.6m | 1.6m | 1.2m | 614,221 | |
23 |
365 | 639 | 913 | 1,187 | - | - | |
24 |
4,679 | 3,849 | 4,439 | 4,344 | 313 | - | |
29/58 |
110,210 | 85,568 | 96,650 | 56,065 | 81,116 | 529,871 | |
40/41 |
27,947 | 38,794 | 63,203 | 24,961 | 22,114 | 7,670 | |
40 |
27,947 | 37,794 | 63,000 | 6,000 | 14,354 | 6,000 | |
41 |
- | 1,000 | 203 | 18,961 | 7,760 | 1,670 | |
54/58 |
81,598 | 46,094 | 33,231 | 30,908 | 58,863 | 522,201 | |
490/1 |
666 | 680 | 215 | 196 | 139 | - | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
1.7m | 1.7m | 1.7m | 1.7m | 1.3m | 1.1m | |
10/15 |
14,662 | 10,667 | 36,067 | 18,153 | 45,291 | 36,418 | |
10/11 |
10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | |
13 |
4,662 | 667 | 26,067 | 8,153 | 35,291 | 26,418 | |
133 |
4,662 | 667 | 26,067 | 8,153 | 35,291 | 26,418 | |
17/49 |
1.7m | 1.7m | 1.7m | 1.7m | 1.2m | 1.1m | |
17 |
1.6m | 1.6m | 1.7m | 1.6m | 1.1m | 967,033 | |
170/4 |
1.6m | 1.6m | 1.7m | 1.6m | 1.1m | 967,033 | |
42/48 |
74,965 | 75,174 | 53,978 | 59,806 | 92,551 | 140,641 | |
42 |
32,471 | 32,056 | 31,646 | 31,241 | 30,842 | 30,447 | |
44 |
- | - | 15,360 | 15,106 | 32,970 | 6,893 | |
440/4 |
- | - | 15,360 | 15,106 | 32,970 | 6,893 | |
45 |
7,294 | 8,198 | 5,160 | 13,459 | 28,739 | 97,318 | |
450/3 |
5,294 | 8,198 | 5,160 | 13,459 | 28,739 | 97,318 | |
454/9 |
2,000 | - | - | - | - | - | |
47/48 |
35,200 | 34,920 | 1,812 | - | - | 5,982 | |
492/3 |
1,608 | 1,463 | 1,285 | 1,352 | 12 | - | |
| Income statement | |||||||
9900 |
68,951 | 86,689 | 83,420 | 28,820 | 42,455 | 42,002 | |
630 |
55,937 | 54,941 | 53,418 | 46,406 | 26,319 | 8,382 | |
640/8 |
4,161 | 12,658 | 5,355 | 3,762 | 740 | 448 | |
66A |
- | - | 340 | - | - | - | |
9901 |
8,853 | 19,089 | 24,307 | -21,348 | 15,396 | 33,173 | |
75/76B |
- | - | - | 876 | 2,012 | 1,065 | |
75 |
- | - | - | 876 | 2,012 | 1,065 | |
65/66B |
4,858 | 5,268 | 5,596 | 5,970 | 6,296 | 1,030 | |
65 |
4,858 | 5,268 | 5,596 | 5,970 | 6,296 | 1,030 | |
9903 |
3,995 | 13,821 | 18,711 | -26,442 | 11,113 | 33,208 | |
67/77 |
- | 39,221 | 797 | 696 | 2,240 | 6,790 | |
9904 |
3,995 | -25,400 | 17,914 | -27,138 | 8,873 | 26,418 | |
9905 |
3,995 | -25,400 | 17,914 | -27,138 | 8,873 | 26,418 | |
| Appropriation of the result | |||||||
9906 |
3,995 | -25,400 | 17,914 | -27,138 | 8,873 | 26,418 | |
791/2 |
- | 25,400 | - | 27,138 | - | - | |
691/2 |
3,995 | - | 17,914 | - | 8,873 | 26,418 | |
6921 |
3,995 | - | 17,914 | - | 8,873 | 26,418 | |
| Document | |||||||
The notes to these accounts have 9 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 15-12-2025.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 15-12-2025 | 2025-00582957 | |
| 30-06-2024 | micro format | 16-01-2025 | 2025-00007707 | |
| 30-06-2023 | micro format | 31-01-2024 | 2024-00020371 | |
| 30-06-2022 | micro format | 27-01-2023 | 2023-00008920 | |
| 30-06-2021 | micro format | 11-02-2022 | 2022-05400045 | |
| 30-06-2020 | micro format | 23-02-2021 | 2021-05800461 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| 2,755 | 29,941 | 53,205 | 501,673 | 610,027 | 622,602 | ||
| 35,504 | 12,863 | 2,324 | -27,955 | -463,338 | - | ||
| 0.9% | 0.6% | 2.1% | 1.1% | 3.5% | 3.2% | ||
| 27.2% | -238.1% | 49.7% | -149.5% | 19.6% | 72.5% | ||
| 0.2% | -1.5% | 1.0% | -1.6% | 0.7% | 2.3% |
A ratio outside any meaningful range has been withheld (balance sheet total €1.7m, equity €14,662).
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.
Securities and guarantees
on own assets and for others| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Mortgages, amount registered | €25,000 | €25,000 | €25,000 | €25,000 |
| - | - | - | €475,000 | |
| Carrying value of the mortgaged assets | €1.6m | €1.6m | €1.6m | €1.6m |
Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €2,755 | €29,941 | €53,205 | €501,673 |
| €55,937 | €54,941 | €53,418 | €46,406 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on Elbas
The operating result for 2025 is 54% lower than in 2024 and the lowest since 2022. It is the second fall in a row.
Debt's share of the balance-sheet total falls from 99.4% to 99.1%. Equity is higher and debt is lower.