ELBEFAR

Active Public limited companyfounded 2005active for 20 yearsTiensesteenweg 169, 3380 GlabbeekKBO/BCE: BE 0877.887.315 #3 company by total assets in Glabbeek, Wholesale and retail trade sector

ELBEFAR

Financial year 2025

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Annual accounts 2025

abbreviated format, filed on 30-01-2026, 1 day before the deadline

€657,882

▲ 2.1%

-€36,764

▼ €99,891

-€38,560

▼ €93,710

€838,707

▼ 11.1%

64.8%

▼ 22.3 percentage points

3.24

▼ 1.83

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €2.4m. Estimated: probably between €1.8m and €3.7m.

In the rankings #3 company by total assets in Glabbeek, Wholesale and retail trade sector #3 company by equity in Glabbeek, Wholesale and retail trade sector

Balance sheet

balance sheet total €2.6m on 30-06-2025

What the company ownsHow it is paid for

in €m

in euro

Position in the sector

Compare with sector

64.8%

Higher than 78% of 13,234 companies in 2025.

3.24

Higher than 80% of 13,093 companies in 2025.

-1.5%

Higher than 19% of 13,156 companies in 2025.

ELBEFAR Middle half of the sector 80% of the sector Abbreviated accounts in retail trade (NACE 47)

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

Staff

€72,479

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Balance sheet: assets
`20/58`	2.6m	2.0m	2.0m	2.7m	1.5m	1.7m	1.7m	1.7m	1.7m	1.8m	1.8m	1.8m	1.8m	1.9m	2.0m	2.1m	2.3m	2.4m	2.6m
`21/28`	1.4m	827,722	865,533	1.5m	389,489	418,994	407,711	411,018	488,936	541,564	541,252	669,907	819,197	983,453	1.1m	1.3m	1.4m	1.4m	1.6m
`21`	-	-	-	-	-	-	-	-	802	1,605	51,805	151,402	246,986	345,781	444,575	543,370	642,164	740,959	839,753
`22/27`	1.4m	827,722	865,533	853,390	389,489	418,994	407,711	411,018	488,133	539,960	489,448	518,505	572,211	637,672	618,642	710,065	777,896	703,037	809,205
`22`	1.3m	631,748	652,574	673,400	230,067	245,933	261,800	277,667	293,533	309,400	325,267	341,133	357,000	372,867	388,733	409,520	435,227	460,933	486,640
`23`	77,642	116,135	114,740	105,779	135,187	154,162	111,909	90,724	133,331	138,643	137,418	172,170	195,415	225,638	175,321	228,218	311,196	221,696	304,450
`24`	63,505	79,838	98,219	74,211	24,235	18,899	34,002	42,627	61,269	91,917	26,763	5,202	19,795	39,167	54,587	72,327	31,473	20,408	18,115
`28`	-	-	-	641,059	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`29/58`	1.2m	1.2m	1.1m	1.2m	1.1m	1.3m	1.3m	1.2m	1.2m	1.2m	1.2m	1.1m	1.0m	930,716	903,833	870,097	853,012	994,010	921,964
`29`	-	-	-	-	-	-	-	-	-	-	6,120	6,120	-	-	-	-	-	-	-
`291`	-	-	-	-	-	-	-	-	-	-	6,120	6,120	-	-	-	-	-	-	-
`3`	264,635	251,010	249,031	243,876	239,475	243,621	239,969	223,311	207,313	194,299	196,486	214,414	188,884	185,855	203,549	270,001	295,996	233,680	303,365
`30/36`	264,635	251,010	249,031	243,876	239,475	243,621	239,969	223,311	207,313	194,299	196,486	214,414	188,884	185,855	203,549	270,001	295,996	233,680	303,365
`40/41`	290,681	405,445	260,239	177,110	177,801	211,071	410,447	271,787	259,261	478,838	539,465	492,547	507,754	549,906	568,274	480,414	478,602	405,412	355,302
`40`	227,866	383,052	190,470	134,809	154,820	175,674	400,362	268,582	251,415	471,297	520,140	486,103	500,303	542,904	561,132	471,831	469,140	401,193	352,148
`41`	62,815	22,393	69,768	42,301	22,981	35,398	10,085	3,205	7,846	7,541	19,326	6,444	7,451	7,002	7,141	8,582	9,462	4,219	3,154
`50/53`	398,930	335,845	280,844	384,008	334,160	308,182	282,108	255,352	229,867	205,868	209,054	9,180	-	-	-	-	-	-	-
`54/58`	247,993	173,737	312,618	398,304	326,255	541,555	357,600	497,577	526,501	360,903	272,573	419,078	309,685	194,956	132,011	119,683	78,414	354,919	263,298
`490/1`	10,661	9,775	7,676	9,151	8,799	6,339	8,281	-	-	-	10,320	-	-	-	-	-	-	-	-
Balance sheet: equity and liabilities
`10/49`	2.6m	2.0m	2.0m	2.7m	1.5m	1.7m	1.7m	1.7m	1.7m	1.8m	1.8m	1.8m	1.8m	1.9m	2.0m	2.1m	2.3m	2.4m	2.6m
`10/15`	1.7m	1.7m	1.7m	1.6m	1.1m	982,089	843,670	683,802	608,084	519,483	494,610	383,781	316,156	258,432	156,826	115,891	136,145	128,483	145,852
`10/11`	761,187	761,187	761,187	761,187	315,000	315,000	315,000	315,000	315,000	315,000	315,000	315,000	315,000	315,000	315,000	315,000	315,000	208,750	208,750
`10`	761,187	761,187	761,187	761,187	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`100`	761,187	761,187	761,187	761,187	315,000	315,000	315,000	315,000	315,000	315,000	315,000	315,000	315,000	315,000	315,000	315,000	315,000	315,000	315,000
`101`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	106,250	106,250
`13`	983,962	983,962	928,812	882,555	798,066	667,089	528,670	368,802	293,084	204,483	179,610	68,781	28,800	-	-	-	-	-	-
`130/1`	42,200	42,200	39,100	36,500	31,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`130`	42,200	42,200	39,100	36,500	31,500	31,500	31,500	31,500	13,000	7,500	4,000	2,000	-	-	-	-	-	-	-
`132`	-	-	-	-	-	-	-	93,000	93,000	93,000	138,000	45,000	28,800	-	-	-	-	-	-
`133`	941,762	941,762	889,712	846,055	766,566	635,589	497,170	244,302	187,084	103,983	37,610	21,781	-	-	-	-	-	-	-
`14`	-38,559	-	-	-	-	-	-	-	-	-	-	-	-27,644	-56,568	-158,174	-199,109	-178,855	-80,267	-62,898
`17/49`	928,378	258,385	285,944	1.1m	362,913	747,674	862,445	975,244	1.1m	1.3m	1.3m	1.4m	1.5m	1.7m	1.8m	2.0m	2.1m	2.3m	2.4m
`17`	554,185	26,403	66,403	641,059	-	125,000	219,924	346,596	496,725	654,399	726,612	853,284	979,956	1.1m	1.3m	1.4m	1.5m	1.6m	1.7m
`170/4`	554,185	26,403	66,403	641,059	-	125,000	219,924	346,596	496,725	654,399	726,612	853,284	979,956	1.1m	1.3m	1.4m	1.5m	1.6m	1.7m
`42/48`	374,193	231,982	219,541	422,097	362,913	619,549	639,396	625,523	607,068	607,590	554,048	574,182	529,408	549,109	558,487	609,634	650,283	696,207	685,082
`42`	92,340	-	-	-	-	94,924	126,672	150,129	157,674	157,363	126,672	151,941	151,941	183,012	184,145	183,892	164,944	164,679	171,998
`44`	250,188	198,753	188,542	173,037	120,962	185,702	175,113	177,093	195,516	170,205	182,644	202,074	163,736	167,390	227,543	296,496	344,688	337,307	324,299
`440/4`	250,188	198,753	188,542	173,037	120,962	185,702	175,113	177,093	195,516	170,205	182,644	202,074	163,736	167,390	227,543	296,496	344,688	337,307	324,299
`46`	-	-	-	-	-	-	-	-	-	-	75	-	-	10	-	-	-	-	-
`45`	31,666	32,655	30,998	34,205	32,207	38,795	61,287	42,031	17,941	60,316	6,681	32,424	40,615	34,522	9,193	3,694	3,152	7,480	6,427
`450/3`	1,823	1,764	337	2,631	3,374	6,787	34,043	13,152	17,892	58,527	6,681	15,546	25,350	34,522	9,193	3,694	3,152	7,480	3,039
`454/9`	29,843	30,891	30,662	31,574	28,833	32,008	27,245	28,879	49	1,790	-	16,878	15,265	-	-	-	-	-	3,388
`47/48`	-	574	-	214,856	209,744	300,128	276,323	256,270	235,938	219,706	237,977	187,743	173,116	164,175	137,605	125,551	137,499	186,741	182,357
`492/3`	-	-	-	-	-	3,125	3,125	3,125	-	-	-	-	-	-	-	-	-	-	-
Income statement
`76A`	-	10,182	-	30,268	-	-	5,000	16,825	5,608	14,879	7,593	8,000	6,114	-	-	19,244	-	1,576	-
`9900`	657,882	644,637	611,776	679,696	763,160	816,669	810,209	760,993	748,954	696,659	714,199	697,536	644,340	706,487	632,531	620,874	495,425	493,878	671,860
`62`	514,604	503,732	528,579	491,060	491,514	480,533	449,490	495,821	437,338	412,329	341,897	373,288	328,705	329,716	297,226	313,773	262,225	195,814	286,299
`630`	171,905	69,556	70,152	44,980	68,752	95,102	85,037	91,134	103,907	143,603	167,083	168,340	170,273	170,087	208,906	255,463	243,608	219,709	325,478
`631/4`	-	-	-	-	-	-	-	1,607	14,466	-	-	-	-	-	-	-	-	-	-
`640/8`	8,137	7,016	7,445	7,924	6,727	14,783	6,882	8,627	6,978	21,579	7,251	7,507	8,819	7,011	13,802	8,691	6,171	5,386	16,123
`66A`	-	1,207	-	-	-	-	122	-	-	9,320	-	-	220	-	-	4,871	1,015	-	-
`9901`	-36,764	63,127	5,601	135,733	196,167	226,251	268,801	163,803	186,265	119,148	197,969	148,401	136,543	199,673	112,597	42,946	-16,579	72,968	43,959
`75/76B`	20,984	21,732	53,819	2,536	2,519	5,872	14,820	20,085	7,723	10	197	8	195	946	990	857	3,854	507	466
`75`	7,646	7,141	53,819	2,536	2,519	5,872	11,883	3,260	2,115	10	197	8	195	946	990	857	3,854	507	466
`76B`	13,339	14,591	-	-	-	-	2,937	16,825	5,608	-	-	-	-	-	-	-	-	-	-
`65/66B`	22,626	5,256	6,512	12,295	13,338	32,559	42,481	48,256	48,019	49,305	56,147	60,396	65,262	68,302	72,652	78,430	84,849	92,462	107,281
`65`	22,626	5,256	6,512	12,295	13,338	32,559	42,359	48,256	48,019	49,305	56,147	60,396	65,262	68,302	72,652	78,430	84,849	92,462	107,281
`66B`	-	-	-	-	-	-	122	-	-	-	-	-	-	-	-	-	-	-	-
`9903`	-38,406	79,603	52,908	125,974	185,349	199,564	241,139	135,632	145,968	75,412	149,611	96,013	77,371	132,317	40,935	-20,254	-98,589	-17,411	-62,855
`67/77`	154	24,452	6,651	41,485	54,371	61,145	81,271	59,915	57,367	50,539	38,782	28,388	19,647	30,712	-	-	-	-42	42
`9904`	-38,560	55,151	46,257	84,489	130,977	138,419	159,868	75,718	88,601	24,873	110,829	67,625	57,724	101,606	40,935	-20,254	-98,589	-17,369	-62,898
`789`	-	-	-	-	-	-	93,000	-	-	45,000	-	-	-	-	-	-	-	-	-
`689`	-	-	-	-	-	-	-	-	-	-	93,000	16,200	28,800	-	-	-	-	-	-
`9905`	-38,560	55,151	46,257	84,489	130,977	138,419	252,868	75,718	88,601	69,873	17,829	51,425	28,924	101,606	40,935	-20,254	-98,589	-17,369	-62,898
Appropriation of the result
`9906`	-38,560	55,151	46,257	84,489	130,977	138,419	252,868	75,718	88,601	69,873	17,829	23,781	-27,644	-56,568	-158,174	-199,109	-178,855	-80,267	-62,898
`791/2`	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`691/2`	-	55,151	46,257	84,489	130,977	138,419	252,868	75,718	88,601	69,873	17,829	23,781	-	-	-	-	-	-	-
`6920`	-	3,100	2,600	5,000	-	-	-	18,500	5,500	3,500	2,000	2,000	-	-	-	-	-	-	-
`6921`	-	52,051	43,657	79,489	130,977	138,419	252,868	57,218	83,101	66,373	15,829	21,781	-	-	-	-	-	-	-
Social balance sheet
`9087`	7.1	7.3	7.7	8.1	8.5	8.5	8.5	9.1	9.1	8	7.6	8.2	7.6	7.3	7.3	8.1	7.8	6	5.8
Hours worked`1013`	10,928	11,764	13,206	14,569	14,875	15,097	14,882	16,264	16,463	13,329	13,019	14,066	12,262	12,569	12,044	14,446	11,869	9,471	13,330
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The notes to these accounts have 13 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 30-01-2026.

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
30-06-2025	abbreviated format	30-01-2026	2026-00022062	PDF
30-06-2024	abbreviated format	04-02-2025	2025-00026669	PDF
30-06-2023	abbreviated format	31-01-2024	2024-00017176	PDF
30-06-2022	abbreviated format	30-01-2023	2023-00009247	PDF
30-06-2021	abbreviated format	31-01-2022	2022-04100060	PDF
30-06-2020	abbreviated format	30-01-2021	2021-04500424	PDF
30-06-2019	abbreviated format	31-01-2020	2020-04200426	PDF
30-06-2018	abbreviated format	30-01-2019	2019-03300417	PDF
30-06-2017	abbreviated format	30-01-2018	2018-03300271	PDF
30-06-2016	abbreviated format	27-01-2017	2017-02900077	PDF
30-06-2015	abbreviated format	13-01-2016	2016-01700406	PDF
30-06-2014	abbreviated format	31-12-2014	2014-71100489	PDF
30-06-2013	abbreviated format	24-01-2014	2014-01500340	PDF
30-06-2012	abbreviated format	11-01-2013	2013-00700071	PDF
30-06-2011	abbreviated format	20-02-2012	2012-04000371	PDF
30-06-2010	abbreviated format	16-02-2011	2011-03700001	PDF
30-06-2009	abbreviated format	28-01-2010	2010-02700065	PDF
30-06-2008	abbreviated format	23-02-2009	2009-05400368	PDF
30-06-2007	abbreviated format	27-02-2008	2008-05600386	PDF

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
135,141	132,683	75,752	180,712	264,919	321,353	353,838	254,937	290,172	262,751	365,052	316,741	306,816	369,760	321,503	298,410	227,029	292,677	369,437
133,345	124,707	116,408	129,469	199,729	233,521	244,905	166,851	192,509	168,476	277,912	235,965	227,997	271,693	249,841	235,209	145,019	202,340	262,581
766,250	32,952	82,294	1.4m	39,246	106,386	81,852	13,216	51,279	144,905	38,428	19,050	6,017	90,323	18,688	96,038	227,140	14,747	2.0m
74,256	-138,881	-85,686	72,049	-215,300	183,955	-139,976	-28,925	165,598	88,330	-146,505	109,393	114,729	62,945	12,328	41,268	-276,504	91,621	-
838,707	943,830	890,868	790,351	723,577	691,219	659,008	622,505	615,873	632,317	679,970	567,158	476,915	381,607	345,346	260,464	202,729	297,804	236,883
64.8%	87.1%	85.5%	60.7%	75.4%	56.8%	49.4%	41.2%	35.5%	29.2%	27.9%	21.2%	17.3%	13.5%	8.0%	5.5%	6.0%	5.3%	5.7%
3.24	5.07	5.06	2.87	2.99	2.12	2.03	2.00	2.01	2.04	2.23	1.99	1.90	1.69	1.62	1.43	1.31	1.43	1.35
2.53	3.99	3.92	2.29	2.33	1.72	1.66	1.64	1.67	1.72	1.87	1.61	1.54	1.36	1.25	0.98	0.86	1.09	0.90
0.54	0.15	0.17	0.65	0.33	0.76	1.02	1.43	1.82	2.43	2.59	3.72	4.77	6.41	11.54	17.32	15.70	17.98	16.63
-2.3%	3.2%	2.7%	5.1%	11.8%	14.1%	18.9%	11.1%	14.6%	4.8%	22.4%	17.6%	18.3%	39.3%	26.1%	-17.5%	-72.4%	-13.5%	-43.1%
-1.5%	2.8%	2.3%	3.1%	8.9%	8.0%	9.4%	4.6%	5.2%	1.4%	6.2%	3.7%	3.2%	5.3%	2.1%	-1.0%	-4.3%	-0.7%	-2.4%
5.97	25.25	11.63	14.70	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

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	30-06-2022
Employees at the balance-sheet date	9	10	9	9
full-time	2	3	4	4
part-time	7	7	5	5
in full-time equivalents	7.1	8.1	7.3	7.4
	7.1	7.3	7.7	8.1
On a permanent contract	8	8	8	8
Joined	-	1	-	1
Left	-	0	-	2

Source: social balance sheet in the 2022 to 2025 annual accounts

Investments

fixed assets acquired

Item	30-06-2025	30-06-2024	30-06-2023	30-06-2022
Tangible fixed assets	€766,250	€32,952	€82,294	€738,949
Financial fixed assets	-	-	-	€641,059
	€171,905	€69,556	€70,152	€44,980

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on ELBEFAR

The operating result for 2025 is a loss of €36,764, after a profit of €63,127 in 2024. It is the lowest result since 2007.

Debt's share of the balance-sheet total rises from 12.9% to 35.2%. Equity is lower and debt is higher.

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed

Annual accounts 2025

Balance sheet

Change in equityin €m

Change in cashin euro

Position in the sector

Solvency64.8%

Current ratio3.24

Return on assets-1.5%

Staff

Staff cost per FTE€72,479

Joined and left

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Investments

Insights on ELBEFAR

Next steps

in €m

in euro

64.8%

3.24

-1.5%

€72,479