ELBITRUST
ActiveFinancials · financial year 2025, full format
2025 annual accounts filed 29 days after the deadline Filed on 29 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00451377.
Annual accounts 2025 filed on 29-08-2026 at the NBB all 23 filings
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€1,110▲ 7.2%
2024 · -€1,197
Working capital
-€8,819▼ 14.4%
2024 · -€7,709
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€1,086
▲ 7.4%
2025
20182025
Net result
-€1,110
▲ 7.2%
2025
20182025
Equity
€8.0m
=
2025
20182025
Total assets
€8.0m
=
2025
20182025
Debt
€13,112
▲ 9.0%
2025
20182025
Working capital
-€8,819
▼ 14.4%
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€0.001m--€0.001m▲ 3.4%-€0.001m▼ 1.8%-€0.001m▼ 0.2%-€0.001m=-€0.003m▼ 205%-€0.001m▲ 58.4%-€0.001m▲ 7.4%
Net result-€0.001m--€0.001m▲ 2.4%-€0.001m▼ 3.5%-€0.001m▼ 0.2%-€0.001m▼ 0.1%-€0.003m▼ 194%-€0.001m▲ 58.3%-€0.001m▲ 7.2%
Equity€8.0m-€8.0m=€8.0m=€8.0m=€8.0m=€8.0m=€8.0m=€8.0m=
Total assets€8.0m-€8.0m=€8.0m=€8.0m=€8.0m=€8.0m=€8.0m=€8.0m=
Debt€0.004m-€0.005m▲ 20.8%€0.006m▲ 17.5%€0.007m▲ 15.0%€0.008m▲ 13.0%€0.01m▲ 35.1%€0.01m▲ 10.8%€0.01m▲ 9.0%
Working capital€235--€0.001m-€0.002m▼ 135%-€0.003m▼ 57.5%-€0.004m▼ 36.6%-€0.007m▼ 78.9%-€0.008m▼ 18.4%-€0.009m▼ 14.4%
The operating result for 2025 is a loss of €1,086, smaller than the loss of €1,173 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.0m
Fixed assets
€8.0m =
Current assets
€4,236 ▼ 0.6%
Equity and liabilities €8.0m
Equity
€8.0m =
Debt
€13,112 ▲ 9.0%
Debt's share of the balance-sheet total stays at 0.2%.
Key figures and ratios
Current ratio
0.32▼
2024 · 0.36
Debt to equity
0.00▲
2024 · 0.00
ROE
0.0%▲
2024 · 0.0%
ROA
0.0%▲
2024 · 0.0%
Debt ≤ 1 year
€13,055▲
2024 · €11,969
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €868 | €868 | €960 | €968 | €998 | ▲ 3.2% |
| Gross operating margin9900 | -€70 | -€39 | -€55 | -€57 | -€57 | -€1,861 | -€205 | -€88 | ▲ 57.2% |
| Operating profit (loss)9901 | -€938 | -€907 | -€923 | -€925 | -€925 | -€2,822 | -€1,173 | -€1,086 | ▲ 7.4% |
| Financial charges65/66B | - | - | - | €50 | €51 | €51 | €24 | €24 | = |
| Recurring financial charges65 | €24 | €33 | €50 | €50 | €51 | €51 | €24 | €24 | = |
| Profit (loss) for the period before taxes9903 | -€962 | -€939 | -€973 | -€975 | -€976 | -€2,872 | -€1,197 | -€1,110 | ▲ 7.2% |
| Profit (loss) for the period9904 | -€962 | -€939 | -€973 | -€975 | -€976 | -€2,872 | -€1,197 | -€1,110 | ▲ 7.2% |
| Profit (loss) for the period to be appropriated9905 | -€962 | -€939 | -€973 | -€975 | -€976 | -€2,872 | -€1,197 | -€1,110 | ▲ 7.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €8.0m | €8.0m | €8.0m | €8.0m | €8.0m | €8.0m | €8.0m | €8.0m | = |
| Formation expenses20 | - | - | - | - | - | €0 | €0 | €0 | - |
| Fixed assets21/28 | €8.0m | €8.0m | €8.0m | €8.0m | €8.0m | €8.0m | €8.0m | €8.0m | = |
| Financial fixed assets28 | €8.0m | €8.0m | €8.0m | €8.0m | €8.0m | €8.0m | €8.0m | €8.0m | = |
| Current assets29/58 | €0.005m | €0.004m | €0.004m | €0.004m | €0.004m | €0.004m | €0.004m | €0.004m | ▼ 0.6% |
| Cash at bank and in hand54/58 | €0.005m | €0.004m | €0.004m | €0.004m | €0.004m | €0.004m | €0.004m | €0.004m | ▼ 0.6% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €8.0m | €8.0m | €8.0m | €8.0m | €8.0m | €8.0m | €8.0m | €8.0m | = |
| Equity10/15 | €8.0m | €8.0m | €8.0m | €8.0m | €8.0m | €8.0m | €8.0m | €8.0m | = |
| Contributions10/11 | €7.8m | €7.8m | €7.8m | €7.8m | €7.8m | €7.8m | €7.8m | €7.8m | = |
| Capital10 | - | - | - | €7.8m | €7.8m | €7.8m | €7.8m | €7.8m | = |
| Issued capital100 | - | - | - | €7.8m | €7.8m | €7.8m | €7.8m | €7.8m | = |
| Reserves13 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 0.5% |
| Non-distributable reserves130/1 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Legal reserve130 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Distributable reserves133 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 0.6% |
| Amounts payable17/49 | €0.004m | €0.005m | €0.006m | €0.007m | €0.008m | €0.01m | €0.01m | €0.01m | ▲ 9.0% |
| Amounts payable within one year42/48 | €0.004m | €0.005m | €0.006m | €0.007m | €0.008m | €0.01m | €0.01m | €0.01m | ▲ 9.1% |
| Other amounts payable47/48 | - | - | - | €0.007m | €0.008m | €0.01m | €0.01m | €0.01m | ▲ 9.1% |
| Accrued charges and deferred income492/3 | - | - | - | €57 | €57 | €57 | €57 | €57 | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€962 | -€939 | -€973 | -€975 | -€976 | -€2,872 | -€1,197 | -€1,110 | ▲ 7.2% |
| Operating cash flow (approximation) | -€962 | -€939 | -€973 | -€975 | -€976 | -€2,872 | -€1,197 | -€1,110 | ▲ 7.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€33 | -€50 | -€50 | -€51 | -€51 | -€24 | -€24 | = |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 23 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 29-08-2026 | 2026-00451377 | |
| 31-12-2024 | abbreviated format | 29-06-2025 | 2025-00192865 | |
| 31-12-2023 | abbreviated format | 07-09-2024 | 2024-00455310 | |
| 31-12-2022 | micro format | 24-09-2023 | 2023-00452210 | |
| 31-12-2021 | micro format | 18-07-2022 | 2022-20194532 | |
| 31-12-2020 | micro format | 30-06-2021 | 2021-28600447 | |
| 31-12-2019 | micro format | 30-05-2020 | 2020-15100402 | |
| 31-12-2018 | micro format | 08-06-2019 | 2019-18000252 | |
| 31-12-2017 | abbreviated format | 05-07-2018 | 2018-28900549 | |
| 31-12-2016 | abbreviated format | 20-06-2017 | 2017-18900008 |