ELF (0787.627.825): financials and annual accounts

ELF

Antwerp ·KBO/BCE: BE 0787.627.825

Line	2025	2024	2023
Balance sheet: assets
Total assets`20/58`	250,278	310,762	999,694
Fixed assets`21/28`	5,558	-	-
Tangible fixed assets`22/27`	5,558	-	-
Furniture and vehicles`24`	5,558	-	-
Current assets`29/58`	244,720	310,762	999,694
Stocks and contracts in progress`3`	0	165,000	976,814
Stocks`30/36`	0	165,000	976,814
Amounts receivable within one year`40/41`	0	34,876	-
Trade receivables`40`	0	34,876	-
Cash at bank and in hand`54/58`	244,720	110,885	22,880
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	250,278	310,762	999,694
Equity`10/15`	74,426	55,317	27,871
Contributions`10/11`	10,000	10,000	10,000
Reserves`13`	64,000	45,000	-
Distributable reserves`133`	64,000	45,000	-
Profit (loss) carried forward`14`	426	317	17,871
Amounts payable`17/49`	175,852	255,445	971,823
Amounts payable after more than one year`17`	145,000	145,000	240,000
Financial debts`170/4`	145,000	145,000	240,000
Amounts payable within one year`42/48`	30,852	110,445	731,823
Financial debts`43`	-	0	668,000
Credit institutions`430/8`	-	0	668,000
Trade debts`44`	490	446	50,592
Suppliers`440/4`	490	446	50,592
Taxes, remuneration and social security`45`	10,000	9,575	13,231
Taxes`450/3`	10,000	9,575	13,231
Other amounts payable`47/48`	20,362	100,424	-
Income statement
Gross operating margin`9900`	41,790	73,016	34,047
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	1,342	-	-
Other operating charges`640/8`	934	877	2,277
Operating profit (loss)`9901`	39,514	72,139	31,770
Financial income`75/76B`	541	-	-
Recurring financial income`75`	541	-	-
Financial charges`65/66B`	13,965	37,616	9,226
Recurring financial charges`65`	13,965	37,616	9,226
Profit (loss) for the period before taxes`9903`	26,089	34,523	22,544
Income taxes`67/77`	6,980	7,077	4,673
Profit (loss) for the period`9904`	19,109	27,446	17,871
Profit (loss) for the period to be appropriated`9905`	19,109	27,446	17,871
Appropriation of the result
Profit (loss) to be appropriated`9906`	19,426	45,317	17,871
Profit (loss) brought forward from the previous period`14P`	317	17,871	-
Transfer to equity`691/2`	19,000	45,000	-
To other reserves`6921`	19,000	45,000	-
Document	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
30-09-2025	micro format	24-03-2026	2026-00060851	PDF
30-09-2024	micro format	28-04-2025	2025-00080393	PDF
30-09-2023	micro format	25-04-2024	2024-00077641	PDF

Line	2025	2024	2023
EBITDA	40,856	-	-
Cash flow	20,451	-	-
Investment in fixed assets	6,901	-	-
Change in cash	133,834	88,006	-
Working capital	213,868	200,317	267,871
Solvency	29.7%	17.8%	2.8%
Current ratio	7.93	2.81	1.37
Quick ratio	7.93	1.32	0.03
Debt to equity	2.36	4.62	34.87
ROE	25.7%	49.6%	64.1%
ROA	7.6%	8.8%	1.8%
Interest coverage	2.93	-	-

Item	30-09-2025	30-09-2024	30-09-2023
Mortgages, amount registered	-	-	€27,500
Carrying value of the mortgaged assets	-	-	€976,814

Item	30-09-2025	30-09-2024	30-09-2023
Tangible fixed assets	€6,901	-	-
Depreciation and write-downs of the year	€1,342	-	-

ELF

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency29.7%

Current ratio7.93

Return on assets7.6%

Filed annual accounts

Filings

Key figures and ratios

Securities and guarantees

Investments

Insights on ELF

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