Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 57 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Confectiebedrijven Elanco from Tielt, company number BE0407071980, closed financial year 2025 with a result of € -107,509 after tax. For that financial year Confectiebedrijven Elanco recorded a gross margin of € 1 million and equity of € 643,384. Compared with financial year 2024, the result moved from € -9,817 to € -107,509. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 20, 2026.
€ 643,384
▼ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -107,509
▼ 995 % more loss than in 2024
Profit after tax over the fiscal year.
€ 21,344
▼ 82% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 393,384.
People and assets in 2025
30.3
▲ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 978,988
▼ 8% vs 2024
€ 32,300 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.
€ 3,531
▲ 60% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 249,451
▼ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 133,839
▼ 15% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,302,442 | € 999,873 | € 1,232,115 | € 1,036,280 | ▼ 16% |
| Profit after taxes | € 295,309 | € -51,640 | € -9,817 | € -107,509 | ▼ € 97,692 |
| Equity | € 812,350 | € 760,710 | € 750,893 | € 643,384 | ▼ 14% |
| Total debts | € 614,534 | € 726,962 | € 645,594 | € 826,506 | ▲ 28% |
| Cash | € 88,603 | € 123,434 | € 117,293 | € 21,344 | ▼ 82% |
| Land & buildings | € 4,104 | € 52,058 | € 89,437 | € 79,005 | ▼ 12% |
| Retained profit | € 562,350 | € 510,710 | € 500,893 | € 393,384 | ▼ 21% |
| Dividend | € 52,000 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 1,426,884 | € 1,487,672 | € 1,396,487 | € 1,469,890 | ▲ 5% |
| Employees (FTE) | 33.5 | 29.7 | 29.8 | 30.3 | ▲ 0.5 |
Key figures of Confectiebedrijven Elanco, 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 Confectiebedrijven Elanco?
What happened at Confectiebedrijven Elanco in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Thorak NV stepped down as director. NBB
- Conquest NV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 107,509. Source: NBB ↗
- Thorak NV became a director. NBB
- Conquest NV became a director. NBB
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
In short
From € 295,309 profit in 2022 to € 107,509 loss in 2025.
Best year ever: 2022, with € 295,309 profit.
On average € 34,200 of value added per employee in 2025.
Paid out € 52,000 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of DE MOST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Confectiebedrijven ElancoThe shares are held by DE MOST (100%).
Directors
According to the 2025 annual accounts
since 2025 · until 2030
since 2025 · until 2030
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Hogenhovestraat 51
8700 Tielt
Hogenhovestraat 53
8700 Tielt
Active since 18 October 2001
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0407.071.980
- VAT number
- BE 0407.071.980
- Registered office
- Hogenhovestraat 51, 8700 Tielt
- Names & denominations
- Confectiebedrijven Elanco
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1970
- Peppol
- Active · Active since 3 Feb 2025
- Activities · NACE
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