Elements Projects
Annual accounts 2025
full format, filed on 17-04-2026, 13 days before the deadline-€1,267
▲ €6,682
-€2,300
▲ €7,577
-€43,577
▲ €21,092
-€1.3m
▼ €43,577
-2.7%
▼ 0.6 percentage points
0.87
▼ 0.01
Turnover: not included in this filing.
In the rankings
#1 company by total assets in Hotton, Construction sector
Balance sheet
balance sheet total €10.1m on 30-09-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
-2.7%
Higher than 9% of 1,037 companies in 2025.
0.87
Higher than 16% of 1,016 companies in 2025.
-0.4%
Higher than 26% of 1,032 companies in 2025.
Elements Projects
Middle half of the sector
80% of the sector
Full accounts in construction of buildings (NACE 41)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||
20/58 |
10.1m | 10.9m | 7.4m | 5.1m | 2.4m | 405,527 | 117,436 | 41,793 | 37,108 | 36,163 | 113,934 | |
21/28 |
1.0m | 1.0m | 1.0m | 1.0m | 1.0m | 4,256 | 3,734 | 5,000 | 5,000 | 5,634 | 6,323 | |
22/27 |
- | 0 | 894 | 2,793 | 4,691 | 4,256 | 3,734 | - | - | 634 | 1,323 | |
23 |
- | 0 | 364 | 728 | 1,092 | 1,456 | - | - | - | 634 | 1,323 | |
24 |
- | 0 | 530 | 2,065 | 3,599 | 2,800 | 3,734 | - | - | - | - | |
28 |
1.0m | 1.0m | 1.0m | 1.0m | 1.0m | - | - | 5,000 | 5,000 | 5,000 | 5,000 | |
29/58 |
9.1m | 9.9m | 6.4m | 4.0m | 1.3m | 401,270 | 113,702 | 36,793 | 32,108 | 30,529 | 107,611 | |
3 |
8.8m | 7.9m | 6.0m | 3.1m | 1.1m | 237,989 | 55,212 | 5,755 | 5,755 | 5,755 | - | |
30/36 |
8.8m | 7.9m | 6.0m | 3.1m | 1.1m | 237,989 | 55,212 | 5,755 | 5,755 | 5,755 | - | |
40/41 |
136,114 | 1.8m | 384,401 | 737,974 | 7,808 | 47,435 | 27,127 | 25,667 | 15,366 | 20,091 | 103,713 | |
40 |
124,360 | 1.7m | 364,609 | 736,511 | - | - | 8,000 | 8,000 | 8,000 | 14,000 | 97,353 | |
41 |
11,753 | 76,817 | 19,792 | 1,463 | 7,808 | 47,435 | 19,127 | 17,667 | 7,366 | 6,091 | 6,360 | |
54/58 |
116,734 | 173,782 | 10,037 | 170,796 | 226,710 | 115,846 | 31,363 | 5,371 | 10,987 | 4,683 | 3,898 | |
490/1 |
- | - | - | 0 | 6,622 | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||
10/49 |
10.1m | 10.9m | 7.4m | 5.1m | 2.4m | 405,527 | 117,436 | 41,793 | 37,108 | 36,163 | 113,934 | |
10/15 |
-277,745 | -234,168 | -169,499 | -124,887 | -72,139 | -19,208 | 13,433 | 20,838 | 22,701 | 22,212 | 19,145 | |
10/11 |
18,600 | 18,600 | 18,600 | 8,500 | 8,500 | 8,500 | 8,500 | 8,500 | 8,500 | 8,500 | 8,500 | |
100 |
- | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | 10,100 | 10,100 | 10,100 | 10,100 | 10,100 | 10,100 | |
13 |
14,201 | 14,201 | 14,201 | 14,201 | 14,201 | 14,201 | 14,201 | 14,201 | 14,201 | 13,712 | 10,645 | |
130/1 |
- | - | 0 | 1,910 | 1,910 | 1,910 | - | - | - | - | - | |
130 |
- | - | - | - | - | 1,910 | 1,910 | 1,910 | 1,910 | 1,860 | 1,860 | |
1311 |
- | - | 0 | 1,910 | 1,910 | - | - | - | - | - | - | |
133 |
14,201 | 14,201 | 14,201 | 12,291 | 12,291 | 12,291 | 12,291 | 12,291 | 12,291 | 11,852 | 8,785 | |
14 |
-310,546 | -266,969 | -202,300 | -147,588 | -94,840 | -41,909 | -9,268 | -1,863 | - | - | - | |
17/49 |
10.4m | 11.2m | 7.6m | 5.2m | 2.4m | 424,734 | 104,003 | 20,955 | 14,407 | 13,950 | 94,789 | |
42/48 |
10.4m | 11.2m | 7.6m | 5.2m | 2.4m | 424,734 | 104,003 | 20,955 | 14,407 | 13,950 | 94,789 | |
43 |
700,000 | 750,000 | - | 0 | 170,846 | - | - | - | - | - | - | |
430/8 |
- | - | - | 0 | 170,846 | - | - | - | - | - | - | |
439 |
700,000 | 750,000 | - | - | - | - | - | - | - | - | - | |
44 |
33,571 | 2.5m | 718,627 | 193,436 | 211,044 | 48,013 | - | - | 3,522 | 2,308 | 85,316 | |
440/4 |
33,571 | 2.5m | 718,627 | 193,436 | 211,044 | 48,013 | - | - | 3,522 | 2,308 | 85,316 | |
46 |
7.4m | 5.8m | 4.7m | 2.9m | 368,167 | - | - | - | - | - | - | |
45 |
- | - | 0 | 256,721 | 1,056 | - | - | - | 395 | 1,455 | 9,469 | |
450/3 |
- | - | 0 | 256,721 | 1,056 | - | - | - | 395 | 1,455 | 7,669 | |
454/9 |
- | - | - | - | - | - | - | - | - | - | 1,800 | |
47/48 |
2.2m | 2.1m | 2.2m | 1.8m | 1.7m | 376,722 | 104,003 | 20,955 | 10,490 | 10,188 | 3 | |
| Income statement | ||||||||||||
9900 |
-1,267 | -7,949 | -22,452 | -13,257 | -17,704 | -16,601 | -4,589 | -1,194 | 2,660 | 6,153 | 19,304 | |
630 |
0 | 894 | 1,898 | 1,898 | 1,368 | 1,297 | 933 | - | 634 | 689 | 2,583 | |
640/8 |
1,033 | 1,034 | 411 | 270 | 1,311 | 1,337 | 886 | 453 | 671 | 645 | 797 | |
66A |
- | - | - | - | - | 8,000 | - | - | - | - | 7 | |
9901 |
-2,300 | -9,877 | -24,762 | -15,426 | -20,383 | -27,235 | -6,409 | -1,647 | 1,355 | 4,820 | 15,924 | |
75/76B |
368 | 2,131 | 222 | 102 | 102 | 134 | 441 | 139 | 114 | 66 | 2 | |
75 |
368 | 2,131 | 222 | 102 | 102 | 134 | 441 | 139 | 114 | 66 | 2 | |
65/66B |
41,645 | 56,923 | 30,172 | 37,424 | 32,650 | 5,539 | 1,437 | 355 | 585 | 389 | 76 | |
65 |
41,645 | 56,923 | 30,172 | 37,424 | 32,650 | 5,539 | 1,437 | 355 | 585 | 389 | 76 | |
66B |
- | - | - | - | 0 | - | - | - | - | - | - | |
9903 |
-43,577 | -64,669 | -54,712 | -52,748 | -52,931 | -32,641 | -7,405 | -1,863 | 884 | 4,497 | 15,842 | |
67/77 |
- | - | - | - | - | - | - | - | 395 | 1,429 | 5,197 | |
9904 |
-43,577 | -64,669 | -54,712 | -52,748 | -52,931 | -32,641 | -7,405 | -1,863 | 488 | 3,067 | 10,645 | |
9905 |
-43,577 | -64,669 | -54,712 | -52,748 | -52,931 | -32,641 | -7,405 | -1,863 | 488 | 3,067 | 10,645 | |
| Appropriation of the result | ||||||||||||
9906 |
-310,546 | -266,969 | -202,300 | -147,588 | -94,840 | -41,909 | -9,268 | -1,863 | 488 | 3,067 | 10,645 | |
14P |
-266,969 | -202,300 | -147,588 | -94,840 | -41,909 | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | 488 | 3,067 | 10,645 | |
6920 |
- | - | - | - | - | - | - | - | 50 | - | 1,860 | |
6921 |
- | - | - | - | - | - | - | - | 438 | 3,067 | 8,785 | |
| Document | ||||||||||||
The notes to these accounts have 8 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 17-04-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | full format | 17-04-2026 | 2026-00081355 | |
| 30-09-2024 | full format | 31-03-2025 | 2025-00058221 | |
| 30-09-2023 | micro format | 30-04-2024 | 2024-00074417 | |
| 30-09-2022 | micro format | 25-04-2023 | 2023-00064861 | |
| 30-09-2021 | micro format | 21-04-2022 | 2022-20005383 | |
| 30-09-2020 | micro format | 25-03-2021 | 2021-08500054 | |
| 30-09-2019 | micro format | 20-04-2020 | 2020-09300550 | |
| 30-09-2018 | micro format | 26-04-2019 | 2019-10600307 | |
| 30-09-2017 | micro format | 25-04-2018 | 2018-11200379 | |
| 30-09-2016 | abbreviated format | 24-04-2017 | 2017-09700156 | |
| 30-09-2015 | abbreviated format | 31-03-2016 | 2016-08000161 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -2,300 | -8,983 | -22,864 | -13,528 | -19,015 | -25,938 | -5,475 | - | 1,989 | 5,509 | 18,507 | ||
| -43,577 | -63,775 | -52,814 | -50,849 | -51,563 | -31,343 | -6,472 | - | 1,122 | 3,756 | 13,228 | ||
| 0 | 0 | 0 | 0 | 1.0m | 1,820 | 4,667 | - | 0 | 0 | 7,067 | ||
| -57,048 | 163,745 | -160,759 | -55,913 | 110,863 | 84,484 | 25,992 | -5,616 | 6,304 | 784 | - | ||
| -1.3m | -1.3m | -1.2m | -1.2m | -1.1m | -23,464 | 9,699 | 15,838 | 17,701 | 16,579 | 12,822 | ||
| -2.7% | -2.1% | -2.3% | -2.5% | -3.1% | -4.7% | 11.4% | 49.9% | 61.2% | 61.4% | 16.8% | ||
| 0.87 | 0.89 | 0.84 | 0.78 | 0.55 | 0.94 | 1.09 | 1.76 | 2.23 | 2.19 | 1.14 | ||
| 0.02 | 0.18 | 0.05 | 0.17 | 0.10 | 0.38 | 0.56 | 1.48 | 1.83 | 1.78 | 1.14 | ||
| - | - | - | - | - | - | 7.74 | 1.01 | 0.63 | 0.63 | 4.95 | ||
| - | - | - | - | - | - | -55.1% | -8.9% | 2.2% | 13.8% | 55.6% | ||
| -0.4% | -0.6% | -0.7% | -1.0% | -2.2% | -8.0% | -6.3% | -4.5% | 1.3% | 8.5% | 9.3% | ||
| -0.06 | -0.16 | -0.76 | -0.36 | -0.58 | - | - | - | - | - | - |
EBIT margin: not included in this filing.
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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.
Investments
fixed assets acquired| Item | 30-09-2025 | 30-09-2024 | 30-09-2023 | 30-09-2022 | 30-09-2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | - | €1,803 |
| Financial fixed assets | - | - | - | - | €1.0m |
| €0 | €894 | €1,898 | €1,898 | €1,368 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on Elements Projects
The operating result for 2025 is a loss of €2,300, smaller than the loss of €9,877 in 2024.
Equity is negative. Debt (€10.4m) exceeds the balance-sheet total (€10.1m).