Active · per the CBE, 30 October 2026

ELM - CONSULT

BE0446590572

Rechtspersoon Public limited company 1 establishment

ELM - CONSULT is an engineering firm in Dendermonde. Public Limited, started on 18 February 1992, 1 establishment.

Cyriel De Baerestraat(BAA) 14, 9200 Dendermonde

Behind the company: Sabine Rahe, Andries Busschaert.

Active for

34 year, 8 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 12 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

ELM - CONSULT from Dendermonde, company number BE0446590572, closed financial year 2025 with a result of € -162,095 after tax. For that financial year ELM - CONSULT recorded a gross margin of € 48,324 and equity of € 362,122. Compared with financial year 2024, the result moved from € 9,786 to € -162,095. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.

What it is worth Healthy

€ 362,122

▼ 31% vs 2024

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

Loss Caution

€ -162,095

▼ still € 9,786 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 7,192

▼ 86% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 272,880.

People and assets in 2025

Full-time equivalents

1

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

Wage cost

€ 46,205

▲ 4% vs 2024

€ 46,200 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

€ 20,583

▼ 52% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 43 years to go

€ 2.4 million

▼ 10% vs 2024

€ 55,570 is repaid this year. At this pace the long-term loan is gone in ≈ 43 years.

Owed to suppliers

€ 8,281

▼ 64% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 34,118

▲ 38% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 117,481 € 106,853 € 114,400 € 48,324 ▼ 58%
Profit after taxes € 125,135 € 134,317 € 9,786 € -162,095 ▼ € 171,881
Equity € 391,614 € 525,931 € 524,217 € 362,122 ▼ 31%
Total debts € 3,332,795 € 3,124,604 € 3,238,580 € 3,137,020 ▼ 3%
Cash € 148,694 € 92,413 € 51,619 € 7,192 ▼ 86%
Land & buildings € 527,585 € 502,619 € 484,813 € 459,069 ▼ 5%
Retained profit € 302,373 € 436,689 € 434,976 € 272,880 ▼ 37%
Bank debt € 2,428,136 € 2,506,919 € 2,651,063 € 2,387,006 ▼ 10%
Balance sheet total € 3,748,166 € 3,672,353 € 3,782,678 € 3,517,084 ▼ 7%
Employees (FTE) 1 1 1 1

Key figures of ELM - CONSULT, 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 ELM - CONSULT?

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

  • New annual accounts for financial year 2025: loss of € 162,095 (▼ € 171,881 vs 2024). filed late Source: NBB ↗
  • New establishment in Dendermonde. KBO
  • Start of the company according to the CBE. KBO

In short

From € 125,135 profit in 2022 to € 162,095 loss in 2025.

Paid € 21,491 in corporate taxes since 2022.

Best year ever: 2023, with € 134,317 profit.

On average € 48,300 of value added per employee in 2025.

Management

Sabine Rahe
Andries Busschaert
ELM - CONSULT
LED's Invent light ltd 33.3%
Voltron 18.3%

Behind ELM - CONSULT are Sabine Rahe and Andries Busschaert. It owns 50% of Alsolar Invest, 33.3% of LED's Invent light ltd and 18.3% of Voltron itself.

Directors

According to the 2025 annual accounts

Sabine Rahe

Director

Also active at: ENIGMA, SUSTAINABLE INVEST

Andries Busschaert

Director

Also active at: ENIGMA, CORPORA FINANCE, ALSOLAR INVEST, Apollo 18

Establishments

Establishment units

Physical locations of this company

Registered office

Cyriel De Baerestraat(BAA) 14

9200 Dendermonde

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
0446.590.572
VAT number
BE 0446.590.572
Registered office
Cyriel De Baerestraat(BAA) 14, 9200 Dendermonde
Names & denominations
ELM - CONSULT
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
18 February 1992
Peppol
Active · Active since 8 Feb 2026
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Frequently asked questions

What does ELM - CONSULT do?
ELM - CONSULT is an engineering firm in Dendermonde. Public Limited, started on 18 February 1992, 1 establishment.
What is the address of ELM - CONSULT?
The registered office of ELM - CONSULT is located at Cyriel De Baerestraat(BAA) 14, 9200 Dendermonde.
Is ELM - CONSULT still active?
Yes. According to the CBE (30 October 2026) ELM - CONSULT is active, legal situation “Normale toestand”, started on 18 February 1992.
Is ELM - CONSULT registered on Peppol?
Yes, ELM - CONSULT is registered on the Peppol network with ID 0208:0446590572.
What is the enterprise number of ELM - CONSULT?
The enterprise number of ELM - CONSULT is BE0446590572.
When was ELM - CONSULT founded?
ELM - CONSULT was founded on 18 February 1992.