ELIET is a machinery manufacturer in Zwevegem. Public Limited, started on 13 July 1988, 1 establishment.

What is the address of ELIET?

The registered office of ELIET is located at Zwevegemstraat(O) 136, 8553 Zwevegem.

Is ELIET still active?

Yes. According to the CBE (30 October 2026) ELIET is active, legal situation “Normale toestand”, started on 13 July 1988.

Is ELIET registered on Peppol?

Yes, ELIET is registered on the Peppol network with ID 0208:0434780526.

What is the enterprise number of ELIET?

The enterprise number of ELIET is BE0434780526.

When was ELIET founded?

ELIET was founded on 13 July 1988.

Who are the directors of ELIET?

According to the 2025 annual accounts, the directors of ELIET are: Feltron NV.

Is ELIET a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 13 July 1988; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did ELIET make in 2025?

ELIET posted a profit after taxes of € 1,212,547 in financial year 2025.

What is the revenue of ELIET?

In its most recent annual accounts (2025), ELIET reported revenue of € 7,056,547.

How much does an employee at ELIET earn?

The average wage cost per full-time employee at ELIET was € 26,600 in 2025: staff costs of € 958,656 for 36.1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does ELIET have?

According to the 2025 annual accounts, ELIET has 36.1 full-time equivalents (FTE).

ELIET (Public Limited) - Zwevegem - BE0434780526

Dossier ELIET, printed on 30 October 2026 from databakkes.be/en/0434780526/eliet. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

ELIET from Zwevegem, company number BE0434780526, closed financial year 2025 with a result of € 1.2 million after tax. For that financial year ELIET recorded revenue of € 7.1 million and equity of € 13.5 million. Compared with financial year 2024, the result moved from € 573,667 to € 1.2 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 January 30, 2026.

What it is worth Growing

€ 13.5 million

▲ 2% vs 2024

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

Profit Growing

€ 1.2 million

▲ 111% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 3.7 million

▼ 5% vs 2024

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

Where the profit goes Pays out

€ 975,000 paid out

80 % of the profit went to the shareholders, mostly to FELTRON (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

36.1

▼ 1 vs 2024

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

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 669,024 in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 958,656

▼ 50% vs 2024

€ 26,600 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

€ 96,555

▲ 44% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 8 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 1 million

▼ 3% vs 2024

€ 135,859 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.

Owed to suppliers

€ 3.3 million

▲ € 2.9 million vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 245 days on average.

Taxes and wages

€ 613,149

▲ 20% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 11,898,836 Revenue 2022: € 11,898,836 First fiscal year in the series	€ 13,443,822 Revenue 2023: € 13,443,822 ▲ 13% vs 2022 (€ 11,898,836) Favourable step	€ 10,570,084 Revenue 2024: € 10,570,084 ▼ 21% vs 2023 (€ 13,443,822) Unfavourable step	€ 7,056,547 Revenue 2025: € 7,056,547 ▼ 33% vs 2024 (€ 10,570,084) Unfavourable step	▼ 33%
Profit after taxes	€ 979,608 Profit after taxes 2022: € 979,608 First fiscal year in the series	€ 595,982 Profit after taxes 2023: € 595,982 ▼ 39% vs 2022 (€ 979,608) Unfavourable step	€ 573,667 Profit after taxes 2024: € 573,667 ▼ 4% vs 2023 (€ 595,982) Unfavourable step	€ 1,212,547 Profit after taxes 2025: € 1,212,547 ▲ 111% vs 2024 (€ 573,667) Favourable step	▲ 111%
Equity	€ 12,059,532 Equity 2022: € 12,059,532 First fiscal year in the series	€ 12,655,514 Equity 2023: € 12,655,514 ▲ 5% vs 2022 (€ 12,059,532) Favourable step	€ 13,229,182 Equity 2024: € 13,229,182 ▲ 5% vs 2023 (€ 12,655,514) Favourable step	€ 13,466,728 Equity 2025: € 13,466,728 ▲ 2% vs 2024 (€ 13,229,182) Favourable step	▲ 2%
Total debts	€ 2,951,341 Total debts 2022: € 2,951,341 First fiscal year in the series	€ 2,362,441 Total debts 2023: € 2,362,441 ▼ 20% vs 2022 (€ 2,951,341) Favourable step	€ 2,307,769 Total debts 2024: € 2,307,769 ▼ 2% vs 2023 (€ 2,362,441) Favourable step	€ 6,302,052 Total debts 2025: € 6,302,052 ▲ 173% vs 2024 (€ 2,307,769) Unfavourable step	▲ 173%
Cash	€ 3,015,741 Cash 2022: € 3,015,741 First fiscal year in the series	€ 3,060,149 Cash 2023: € 3,060,149 ▲ 1% vs 2022 (€ 3,015,741) Favourable step	€ 3,928,454 Cash 2024: € 3,928,454 ▲ 28% vs 2023 (€ 3,060,149) Favourable step	€ 3,743,719 Cash 2025: € 3,743,719 ▼ 5% vs 2024 (€ 3,928,454) Unfavourable step	▼ 5%
Land & buildings	€ 2,326,089 Land & buildings 2022: € 2,326,089 First fiscal year in the series	€ 2,154,400 Land & buildings 2023: € 2,154,400 ▼ 7% vs 2022 (€ 2,326,089) Unchanged	€ 2,019,549 Land & buildings 2024: € 2,019,549 ▼ 6% vs 2023 (€ 2,154,400) Unchanged	€ 1,953,720 Land & buildings 2025: € 1,953,720 ▼ 3% vs 2024 (€ 2,019,549) Unchanged	▼ 3%
Retained profit	€ 11,997,532 Retained profit 2022: € 11,997,532 First fiscal year in the series	€ 12,593,514 Retained profit 2023: € 12,593,514 ▲ 5% vs 2022 (€ 11,997,532) Favourable step	€ 13,167,182 Retained profit 2024: € 13,167,182 ▲ 5% vs 2023 (€ 12,593,514) Favourable step	€ 13,404,728 Retained profit 2025: € 13,404,728 ▲ 2% vs 2024 (€ 13,167,182) Favourable step	▲ 2%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 975,000 Dividend 2025: € 975,000 Unchanged (€ 0) Unchanged
Bank debt	€ 1,239,116 Bank debt 2022: € 1,239,116 First fiscal year in the series	€ 1,124,775 Bank debt 2023: € 1,124,775 ▼ 9% vs 2022 (€ 1,239,116) Favourable step	€ 1,055,029 Bank debt 2024: € 1,055,029 ▼ 6% vs 2023 (€ 1,124,775) Favourable step	€ 1,027,254 Bank debt 2025: € 1,027,254 ▼ 3% vs 2024 (€ 1,055,029) Favourable step	▼ 3%
Balance sheet total	€ 15,010,873 Balance sheet total 2022: € 15,010,873 First fiscal year in the series	€ 15,017,955 Balance sheet total 2023: € 15,017,955 Unchanged (€ 15,010,873) Unchanged	€ 15,536,951 Balance sheet total 2024: € 15,536,951 ▲ 3% vs 2023 (€ 15,017,955) Unchanged	€ 19,768,781 Balance sheet total 2025: € 19,768,781 ▲ 27% vs 2024 (€ 15,536,951) Unchanged	▲ 27%
Employees (FTE)	35.9 Employees (FTE) 2022: 35.9 First fiscal year in the series	40.1 Employees (FTE) 2023: 40.1 ▲ 4.2 vs 2022 (35.9) Unchanged	37.1 Employees (FTE) 2024: 37.1 ▼ 3 vs 2023 (40.1) Unchanged	36.1 Employees (FTE) 2025: 36.1 ▼ 1 vs 2024 (37.1) Unchanged	▼ 1

Key figures of ELIET, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to ELIET?

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

Jan 30, 2026 New annual accounts for financial year 2025: profit of € 1.2 million (▲ 111% vs 2024). Source: NBB ↗
2025 Feltron NV became a director. NBB
Aug 4, 1988 New establishment in Zwevegem. KBO
Jul 13, 1988 Start of the company according to the CBE. KBO

In short

From € 979,608 profit in 2022 to € 1.2 million profit in 2025.

Paid € 999,513 in corporate taxes since 2022.

Best year ever: 2025, with € 1.2 million profit.

Paid out € 975,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

FELTRON 99.9%

The stake of FELTRON comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

ELIET

Behind ELIET is Feltron NV. The shares are held by FELTRON (99.9%).

Directors

According to the 2025 annual accounts

Feltron NV

Director · represented by Frederic LIETAER

Also active at: ELIET EUROPE

since 2025

Shareholders

FELTRON

99.9%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Zwevegemstraat(O) 136

8553 Zwevegem

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

Groep Eliet

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

Details

Company number

0434.780.526

VAT number

BE 0434.780.526

Registered office

Zwevegemstraat(O) 136, 8553 Zwevegem

Names & denominations

ELIET

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

13 July 1988

Peppol

Active · Active since 15 Jan 2026

Activities · NACE

Vervaardiging van machines voor de landbouw en de bosbouw

Vervaardiging van overige machines voor de landbouw en de bosbouw

Gespecialiseerde detailhandel in bloemen en planten, zaden en kunstmeststoffen

Vervaardiging van metalen constructiewerken en delen daarvan

Detailhandel in bloemen, planten, zaden en kunstmeststoffen

View on CBE Public ↗ Annual accounts (NBB) ↗

ELIET

Financials

What happened to ELIET?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions