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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Tight liquidity NBB
Cash and receivables cover 14 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
ELBELIMO from Gent, company number BE0437264320, closed financial year 2025 with a result of € 4,232 after tax. For that financial year ELBELIMO recorded a gross margin of € 60,150 and equity of € 429,151. Compared with financial year 2024, the result moved from € -19,474 to € 4,232. 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 March 20, 2026.
€ 429,151
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,232
▲ still € 19,474 loss in 2024
Profit after tax over the fiscal year.
€ 33,487
▼ 33% 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 € 141,651.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 29,109 | € 43,025 | € 40,011 | € 60,150 | ▲ 50% |
| Profit after taxes | € -29,050 | € -49,055 | € -19,474 | € 4,232 | ▲ € 23,706 |
| Equity | € 493,448 | € 444,393 | € 424,919 | € 429,151 | ▲ 1% |
| Total debts | € 576,000 | € 574,753 | € 645,038 | € 574,464 | ▼ 11% |
| Cash | € 72,397 | € 253,902 | € 49,982 | € 33,487 | ▼ 33% |
| Land & buildings | € 796,791 | € 746,200 | € 712,924 | € 664,460 | ▼ 7% |
| Retained profit | € 205,948 | € 156,893 | € 137,419 | € 141,651 | ▲ 3% |
| Balance sheet total | € 1,069,448 | € 1,019,146 | € 1,069,957 | € 1,003,615 | ▼ 6% |
Key figures of ELBELIMO, 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 April 2027.
What happened to ELBELIMO?
What happened at ELBELIMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Els De Witte stepped down as director. NBB
- Lieze De Witte stepped down as director. NBB
- Pierre Paul De Witte stepped down as director. NBB
- Bert De Witte stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 4,232. Source: NBB ↗
- Els De Witte became a director. NBB
- Lieze De Witte became a director. NBB
- Pierre Paul De Witte became a director. NBB
In short
From € 29,050 loss in 2022 to € 4,232 profit in 2025.
Paid € 2,906 in corporate taxes since 2022.
Best year ever: 2025, with € 4,232 profit.
Management
Directors
According to the 2025 annual accounts
Els De Witte
Director
since 2024 · until 2030
Lieze De Witte
Director
since 2024 · until 2030
Pierre Paul De Witte
Director
since 2024 · until 2030
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Asselsstraat 83
9031 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0437.264.320
- VAT number
- BE 0437.264.320
- Registered office
- Asselsstraat 83, 9031 Gent
- Names & denominations
- ELBELIMO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 April 1989
- Peppol
- Not registered