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.
Financials
Financial year 2025
ELBO from Alveringem, company number BE0426709235, closed financial year 2025 with a result of € -12,694 after tax. For that financial year ELBO recorded a gross margin of € -11,661 and equity of € 10,009. Compared with financial year 2024, the result moved from € -30,552 to € -12,694. The company made a loss. The buffer shrank hard: equity is 56 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2026.
€ 10,009
▼ 56% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -12,694
▲ 58 % less loss than in 2024
Profit after tax over the fiscal year.
€ 10,940
▲ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -8,583.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 9,185
▲ 149% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -8,209 | € -81,865 | € -29,684 | € -11,661 | ▲ € 18,023 |
| Profit after taxes | € -18,285 | € -82,725 | € -30,552 | € -12,694 | ▲ € 17,858 |
| Equity | € 135,979 | € 53,255 | € 22,703 | € 10,009 | ▼ 56% |
| Total debts | € 357,986 | € 368,194 | € 371,206 | € 299,139 | ▼ 19% |
| Cash | € 7,222 | € 7,163 | € 10,700 | € 10,940 | ▲ 2% |
| Retained profit | € 117,387 | € 34,663 | € 4,111 | € -8,583 | ▼ € 12,694 |
| Bank debt | € 0 | € 23 | € 0 | € 0 | |
| Balance sheet total | € 493,965 | € 421,449 | € 393,908 | € 309,148 | ▼ 22% |
Key figures of ELBO, 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 ELBO?
What happened at ELBO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 12,694. Source: NBB ↗
- New establishment in Middelkerke. KBO
- New establishment in Lo-Reninge. KBO
- New establishment in Alveringem. KBO
- Start of the company according to the CBE. KBO
In short
From € 18,285 loss in 2022 to € 12,694 loss in 2025.
Management
Behind ELBO is Boudt Elmer.
Directors
According to the 2025 annual accounts
Boudt Elmer
Director
Establishments
Establishment units
Physical locations of this company
Colaertshillestraat 3
8690 Alveringem
Zeltestraat 1
8433 Middelkerke
Active since 1 September 2015
Burgweg 51
8647 Lo-Reninge
Active since 1 September 2015
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0426.709.235
- VAT number
- BE 0426.709.235
- Registered office
- Colaertshillestraat 3, 8690 Alveringem
- Names & denominations
- ELBO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 December 1984
- Peppol
- Active · Active since 15 Dec 2025
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