Active · per the CBE, 29 October 2026
ELANTIS logo

ELANTIS

BE0404228296

Rechtspersoon Public limited company 1 establishment

ELANTIS is a credit provider in Liège. Public Limited, started on 29 January 1913, 1 establishment.

Rue des Clarisses 38, 4000 Liège elantis.be

Active for

113 year, 9 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 24 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

ELANTIS from Liège, company number BE0404228296, closed financial year 2025 with a result of € 2.2 million after tax. For that financial year ELANTIS recorded revenue of € 24.9 million and equity of € 20.8 million. Compared with financial year 2024, the result moved from € 4.4 million to € 2.2 million. The company is profitable. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 30, 2026.

What it is worth Healthy

€ 20.8 million

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 2.2 million

▼ 51% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 20.4 million

▲ 5% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 2.2 million paid out

100 % of the profit went to the shareholders, mostly to BELFIUS INSURANCE S.A. (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

52.5

▲ 3.7 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 5.6 million

▲ 9% vs 2024

€ 106,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 5,236

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 years to go

€ 288.2 million

▲ 33% vs 2024

€ 104.5 million is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 9.8 million

▲ 24% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 111 days on average.

Taxes and wages

€ 1.1 million

▲ 3% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Revenue € 18,064,152 € 18,916,694 € 21,343,232 € 24,917,660 ▲ 17%
Profit after taxes € 3,282,283 € 3,971,785 € 4,446,908 € 2,161,794 ▼ 51%
Equity € 20,750,000 € 20,750,000 € 20,750,000 € 20,750,000
Total debts € 217,754,374 € 234,620,002 € 231,206,718 € 301,998,697 ▲ 31%
Cash € 16,857,592 € 16,615,852 € 19,513,082 € 20,411,860 ▲ 5%
Land & buildings € 241,105 € 411,289 € 392,020 € 362,271 ▼ 8%
Retained profit € 17,750,000 € 17,750,000 € 17,750,000 € 17,750,000
Dividend € 3,282,283 € 3,971,785 € 4,446,908 € 2,161,794 ▼ 51%
Bank debt € 203,910,031 € 221,185,116 € 217,063,827 € 288,231,241 ▲ 33%
Balance sheet total € 241,077,055 € 257,576,223 € 253,931,970 € 324,451,352 ▲ 28%
Employees (FTE) 50.7 50.1 48.8 52.5 ▲ 3.7

Key figures of ELANTIS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to ELANTIS?

What happened at ELANTIS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • Daniel MENU stepped down as director. NBB
  • Emmanuel MICHIELS stepped down as director. NBB
  • Philippe DEMAZY stepped down as director. NBB
  • New annual accounts for financial year 2025: profit of € 2.2 million (▼ 51% vs 2024). Source: NBB ↗
  • Matthias BAILLIEUL stepped down as director. NBB
  • Mia NEYENS stepped down as director. NBB
  • Erik VERSTRAETEN stepped down as director. NBB
  • Daniel MENU became a director. NBB

In short

From € 3.3 million profit in 2022 to € 2.2 million profit in 2025.

Paid € 4.8 million in corporate taxes since 2022.

Best year ever: 2024, with € 4.4 million profit.

Paid out € 13.9 million in dividends to the owners in total.

Management

The shares are held by BELFIUS INSURANCE S.A. (100%).

Directors

According to the 2025 annual accounts

Philippe DEMAZY

Managing director

Also active at: Protection de l'Enfance - Foyer Lucie

since 2022 · until 2026

Matthias BAILLIEUL

Director

since 2022 · until 2026

Daniel MENU

Managing director

since 2025 · until 2029

Mia NEYENS

Director

since 2024 · until 2026

Emmanuel MICHIELS

Chairman of the board

since 2024 · until 2028

Erik VERSTRAETEN

Director

since 2022 · until 2026

Shareholders

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Rue des Clarisses 38

4000 Liège

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

Technologies

FlickityGoogle Tag ManagerNginxPHPPWATurnstileWordPressYoast SEOreCAPTCHA

Hosting & Email

Email provider

Self-hosted

Hosting

Online SAS, FR

Website info

HTTPS Ja
Languages FR, NL

Features

Webshop Newsletter Ads

Security

✓ HTTPS
✗ SPF
✓ DMARC

Details

Company number
0404.228.296
VAT number
BE 0404.228.296
Registered office
Rue des Clarisses 38, 4000 Liège
Names & denominations
ELANTIS
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
29 January 1913
Peppol
Active · Active since 15 Sept 2025
Contact
elantis.be
Activities · NACE

Verstrekken van hypothecair krediet

Overige kredietverstrekking

Overige kredietverstrekking n.e.g.

Activiteiten van verzekeringsagenten en -makelaars

Frequently asked questions

What does ELANTIS do?
ELANTIS is a credit provider in Liège. Public Limited, started on 29 January 1913, 1 establishment.
What is the address of ELANTIS?
The registered office of ELANTIS is located at Rue des Clarisses 38, 4000 Liège.
Is ELANTIS still active?
Yes. According to the CBE (29 October 2026) ELANTIS is active, legal situation “Normale toestand”, started on 29 January 1913.
Is ELANTIS registered on Peppol?
Yes, ELANTIS is registered on the Peppol network with ID 0208:0404228296.
What is the enterprise number of ELANTIS?
The enterprise number of ELANTIS is BE0404228296.
When was ELANTIS founded?
ELANTIS was founded on 29 January 1913.