Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Figures corrected NBB
Corrected annual account filed for 2022.
Financials
Financial year 2025
ELLIMETAL from Oudsbergen, company number BE0432858639, closed financial year 2025 with a result of € 2.3 million after tax. For that financial year ELLIMETAL recorded revenue of € 39 million and equity of € 21.4 million. Compared with financial year 2024, the result moved from € 1.8 million to € 2.3 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 11, 2026.
€ 21.4 million
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.3 million
▲ 28% vs 2024
Profit after tax over the fiscal year.
€ 3.1 million
▼ 41% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 13.4 million.
People and assets in 2025
196
▲ 3.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 13.2 million
▲ 6% vs 2024
€ 67,500 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.
€ 671,828
▲ 10% vs 2024
Of which on lease € 277,937.
Debts at end 2025
€ 2 million
▲ 34% vs 2024
€ 239,664 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 10.1 million
▼ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 57 days on average.
€ 2.7 million
▲ 16% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 30,801,191 | € 69,102,961 | € 39,576,905 | € 38,994,264 | ▼ 1% |
| Profit after taxes | € -2,170,142 | € 2,000,184 | € 1,790,365 | € 2,297,921 | ▲ 28% |
| Equity | € 15,301,305 | € 17,301,032 | € 19,090,481 | € 21,388,184 | ▲ 12% |
| Total debts | € 34,799,632 | € 46,212,647 | € 33,362,717 | € 26,582,884 | ▼ 20% |
| Cash | € 4,803,652 | € 6,026,156 | € 5,309,791 | € 3,136,157 | ▼ 41% |
| Land & buildings | € 7,650,598 | € 7,284,529 | € 7,051,901 | € 6,492,983 | ▼ 8% |
| Retained profit | € 7,294,821 | € 9,295,006 | € 11,085,371 | € 13,383,292 | ▲ 21% |
| Bank debt | € 6,049,634 | € 1,605,290 | € 1,495,614 | € 2,002,977 | ▲ 34% |
| Balance sheet total | € 50,159,520 | € 63,561,172 | € 52,487,028 | € 48,220,560 | ▼ 8% |
| Employees (FTE) | 181 | 188.1 | 192.4 | 196 | ▲ 3.6 |
Key figures of ELLIMETAL, 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 ELLIMETAL?
What happened at ELLIMETAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Ellimetal Global stepped down as director. NBB
- Ellimetal International stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2.3 million (▲ 28% vs 2024). Source: NBB ↗
- Ellimetal Global became a director. NBB
- Ellimetal International became a director. NBB
- New establishment in Genk. KBO
- New establishment in Oudsbergen. KBO
- Start of the company according to the CBE. KBO
In short
From € 2.2 million loss in 2022 to € 2.3 million profit in 2025.
Paid € 2.3 million in corporate taxes since 2022.
Best year ever: 2025, with € 2.3 million profit.
Pays suppliers within 57 days on average.
Management
The stake of Ellimetal Global comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ELLIMETALThe shares are held by Ellimetal International (100%) and Ellimetal Global.
Directors
According to the 2025 annual accounts
Managing director · represented by Kristien Vandebrouck
Owns 100% via Ellimetal International
Also active at: ELLIMETAL INTERNATIONAL, MAXTRANS
since 2023 · until 2029
Managing director · represented by Annick Kelchtermans
Also active at: MAXTRANS
since 2023 · until 2029
Shareholders
Ellimetal International · holding of Ellimetal Global
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Schutterslaan 7
3670 Oudsbergen
Munsterenstraat 5
3600 Genk
Active since 20 November 1997
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0432.858.639
- VAT number
- BE 0432.858.639
- Registered office
- Schutterslaan 7, 3670 Oudsbergen
- Names & denominations
- ELLIMETAL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 December 1987
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Vervaardiging van andere tanks, reservoirs en bergingsmiddelen, van metaal
Vervaardiging van tanks, reservoirs en bergingsmiddelen van metaal
Vervaardiging van metalen constructiewerken en onderdelen daarvan
Vervaardiging van metalen constructiewerken en delen daarvan