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.
-
Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ELPA from Aalst, company number BE0441232016, closed financial year 2025 with a result of € -9,803 after tax. For that financial year ELPA recorded a gross margin of € 15,618 and equity of € 395,319. Compared with financial year 2024, the result moved from € -6,662 to € -9,803. 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 April 30, 2026.
€ 395,319
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9,803
▼ 47 % more loss than in 2024
Profit after tax over the fiscal year.
€ 2,324
▲ 7% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 333,819.
Debts at end 2025
€ 13,348
▼ 49% vs 2024
Loans from banks and other lenders, long and short.
€ 862
▲ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 243
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 23,663 | € 17,755 | € 20,042 | € 15,618 | ▼ 22% |
| Profit after taxes | € -6,136 | € -8,166 | € -6,662 | € -9,803 | ▼ € 3,141 |
| Equity | € 419,950 | € 411,784 | € 405,122 | € 395,319 | ▼ 2% |
| Total debts | € 222,756 | € 207,453 | € 193,254 | € 182,052 | ▼ 6% |
| Cash | € 3,709 | € 1,195 | € 2,175 | € 2,324 | ▲ 7% |
| Land & buildings | € 723,054 | € 698,170 | € 673,287 | € 648,404 | ▼ 4% |
| Retained profit | € 358,450 | € 350,284 | € 343,622 | € 333,819 | ▼ 3% |
| Bank debt | € 51,508 | € 39,095 | € 26,377 | € 13,348 | ▼ 49% |
| Balance sheet total | € 726,812 | € 700,313 | € 676,422 | € 652,387 | ▼ 4% |
Key figures of ELPA, 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 ELPA?
What happened at ELPA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 9,803. Source: NBB ↗
- New establishment in Aalst. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,136 loss in 2022 to € 9,803 loss in 2025.
Paid € 2,954 in corporate taxes since 2022.
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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
Behind ELPA are Ellen De Leeuw and Pascale De Leeuw.
Directors
According to the 2025 annual accounts
Ellen De Leeuw
Director
Pascale De Leeuw
Director
Establishments
Establishment units
Physical locations of this company
Marktweg 14A
9300 Aalst
Karel Van de Woestijnestraat 20
9300 Aalst
Active since 5 September 1990
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0441.232.016
- VAT number
- BE 0441.232.016
- Registered office
- Marktweg 14A, 9300 Aalst
- Names & denominations
- ELPA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 June 1990
- Peppol
- Active · Active since 1 Dec 2025
- Activities · NACE
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