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ELIAS WHEMAB

Active
Private limited companyfounded 1986active for 40 yearsBeukendreef 4, 9300 Aalst, BelgiumKBO/BCE: BE 0429.362.976
Summary

ELIAS WHEMAB has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €55.2m and a net result of €1.1m. Equity has been growing by about 15% per year since 2019. Its solvency ranks better than 95% of 11,259 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
ELIAS WHEMABActiveChecked score 95/100
Risk analysis ReportCompare

Overview

Official details

Source: KBO
Status
Active since 29-07-1986 Normal situation
Activity
Renting and operating of own or leased non-residential real estate, excluding land NACE 68203
Establishment unit
2.130.098.323 9300 Aalst, since 12-03-1992
Financial year end
31 December
Peppol
Reachable since 25-10-2024
Company details

Board and ownership

Board
Holdings
Shares in 5 companies including VASTGOED VANDEVELDE and Van Durme - Van Boxstael
Board & ownership

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€433,805
▲ 20.4%
Turnover
≈ €480,000
estimated
Profit
€1.1m
▼ 59.7%
Equity
€55.2m
▲ 2.0%
Total assets
€56.9m
▲ 1.3%
Net result -60%: 12-month year
Financials
Score breakdownraises riskLiquidity: current ratio 90.90, cash €736,387, halvedlowers riskSize: total assets €56.9mFounded in 1986Figures for financial year 2025 (filed on 31-07-2026)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 64% of large companies in real estate (NACE 68)
Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Strong
Solvency 100=
equity 97.0% of total assets
Liquidity 52-3
short-term debt 0.6% · cash 1.3%
Profitability 42+17
return on assets 1.9%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (318 companies, NACE 68, large)
Last 24 months 12-2024: < 0.1%lowest value 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: 0.1%▲ +0.1 percentage points vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.2%▲ +0.1 percentage points vs 05-2025 07-2025: 0.5%▲ +0.3 percentage points vs 06-2025highest value 08-2025: < 0.1%▼ -0.5 percentage points vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €5,200,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 90.9 (55.52 in 2024), above the usual 1.5. Short-term debt is 0.6% and cash 1.3% of total assets. 3% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, large). It does better than 92% of them on solvency, 68% on liquidity, 43% on profitability and 54% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €56.9m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 90.90, cash €736,387, halved
NBB · annual accounts
lowers risk · Founded in 1986
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 31-07-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
1 day early
2023
on the day
2022
on the day
2021
7 days early
2020
6 days early
2019
24 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 5 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 95% of companies in real estatesector median 30.7% · 11,259 companies 97.0% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Result fell in 202512-month financial year ▼ 59.7% View
  • Positive: 7 profitable years in a rowprofit 2025: €1.1m 7 years View
  • Heads a groupcompanies controlled 3 View

Recent changes

  1. · Gazette deed Appointments: ELIAS Bart (statutory director) and DE TURCK Marianne (statutory director)
  2. · Gazette deed Incorporation
All 19 events

Companies linked to ELIAS WHEMAB

Comparable companies

These companies have the same main activity as ELIAS WHEMAB: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €20m and €36m, founded between 1978 and 1998.

CompanyTotal assetsGross margin
ELIAS WHEMAB Aalst€56.9m€0.4m
SEVAN Anderlecht€28.9m€0.9m
Ghent-Hulsdonk Warehousing Brecht€36.2m€1.2m
LIEBAERT INVEST Houthalen-Helchteren€29.2m€0.8m
GROEP VANOPLINUS F.F.G. Roeselare€20.2m€0.5m
SIRES Schilde€20.3m€0.9m
GOLDIE Brussel€23.1m€1.2m
Full comparison

Key facts about ELIAS WHEMAB
What is the company number of ELIAS WHEMAB?
The company number of ELIAS WHEMAB is 0429.362.976. The VAT number is the same number with BE in front: BE 0429.362.976.
Where is ELIAS WHEMAB based?
The registered office is at Beukendreef 4, 9300 Aalst.Company details
What does ELIAS WHEMAB do?
According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
What is the legal form of ELIAS WHEMAB?
The legal form of ELIAS WHEMAB is Private limited company (BV).
When was ELIAS WHEMAB founded?
ELIAS WHEMAB was founded on 29-07-1986.
Is ELIAS WHEMAB still active?
Yes, ELIAS WHEMAB is an active enterprise in the KBO register.
How many employees does ELIAS WHEMAB have?
ELIAS WHEMAB had an average of 0.1 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
What is the turnover of ELIAS WHEMAB?
The turnover in financial year 2025 is ≈ €480,000. This figure is estimated from the gross margin of €433,805 and 39 comparable companies (NACE 68203). It probably lies between €450,000 and €600,000.
Is ELIAS WHEMAB profitable?
In financial year 2025, ELIAS WHEMAB made a profit of €1.1m.
Where can I find the annual accounts of ELIAS WHEMAB?
ELIAS WHEMAB filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ELIAS WHEMAB due?
ELIAS WHEMAB must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

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