ELEM

Active

Public limited companyfounded 1980active for 45 yearsRue de Gozée 81, 6110 Montigny-le-Tilleul, BelgiumKBO/BCE: BE 0420.994.450

Summary

ELEM has been active since 1980 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.2m and a net result of -€376,239. Equity remains stable across the filed financial years (±0.7% per year). Its solvency ranks better than 38% of 6,075 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Risk analysisFollow Report Compare

ELEMActiveChecked score 79/100

Risk analysis Report Compare

Directors

1 office holder, last change in 2026

Day-to-day management 1

Mathieu Joostens

Managing director · since 10-02-2026

Current

Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Not every act has been read: a resignation may still be missing

10 of this company's 12 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

2 people since 2026, 1 in office

All 2 In office 1 Ended 1

Day-to-day management
began earlier

Mandates per person, with start and end dates
Name	Functions and periods
Mathieu Joostens	Managing director, from 10-02-2026 to date
Pierre Joostens	Managing director, until 01-01-2026

See the board, name and registered office on a given date →

Owners and capital

Owners

1 owner

Chain of control

FINANCES ET TECHNIQUES Holding 88.64%
ELEM

Highest known parent: FINANCES ET TECHNIQUES Holding. The sources do not say who stands above it.

Owners 1

FINANCES ET TECHNIQUES Holdingparent
Sourceaccounts FINANCES ET TECHNIQUES Holding 31-03-2025

88.64%

Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.