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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Busy address KBO
23 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
Elft from Antwerpen, company number BE0446826936, closed financial year 2024 with a result of € 19,726 after tax. For that financial year Elft recorded a gross margin of € 690,086 and equity of € 471,230. Compared with financial year 2023, the result moved from € 11,919 to € 19,726. Profitable, and profit is growing. 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 August 27, 2025.
€ 471,230
▼ 1% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 19,726
▲ 65% vs 2023
Profit after tax over the fiscal year.
€ 198,388
▲ 11% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 23,500 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2024
10.5
▲ 0.5 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 597,609
▲ 2% vs 2023
€ 56,900 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.
€ 43,341
▲ 37% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 402,899
▲ 24% vs 2023
€ 84,665 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 44,271
▼ 15% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 82,324
▲ 64% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 553,554 | € 704,739 | € 732,100 | € 690,086 | ▼ 6% |
| Profit after taxes | € 40,281 | € 24,818 | € 11,919 | € 19,726 | ▲ 65% |
| Equity | € 438,266 | € 463,084 | € 475,003 | € 471,230 | ▼ 1% |
| Total debts | € 518,215 | € 504,693 | € 546,969 | € 544,643 | |
| Cash | € 77,879 | € 108,031 | € 177,928 | € 198,388 | ▲ 11% |
| Land & buildings | € 289,245 | € 262,770 | € 230,345 | € 213,119 | ▼ 7% |
| Retained profit | € 419,674 | € 444,492 | € 456,411 | € 452,637 | ▼ 1% |
| Dividend | € 0 | € 0 | € 0 | € 23,500 | |
| Bank debt | € 445,598 | € 434,946 | € 324,326 | € 402,899 | ▲ 24% |
| Balance sheet total | € 956,481 | € 967,777 | € 1,021,973 | € 1,015,872 | ▼ 1% |
| Employees (FTE) | - | - | 10 | 10.5 | ▲ 0.5 |
Key figures of Elft, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Elft?
What happened at Elft in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 19,726 (▲ 65% vs 2023). filed late Source: NBB ↗
- Elft Projects BV became a director. NBB
- New establishment in Antwerpen. KBO
- William Pauwels became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 40,281 profit in 2021 to € 19,726 profit in 2024.
Paid € 8,935 in corporate taxes since 2021.
Best year ever: 2021, with € 40,281 profit.
On average € 65,700 of value added per employee in 2024.
Management
Behind Elft are William Pauwels and Elft Projects BV. William Pauwels is also behind ELFT PROJECTS.
Directors
According to the 2024 annual accounts
since 1992
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Boterhamvaartweg 2
2030 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 23 companies are registered at this address.
All companies at this address →Antwerp Naval Repairs
€ 261,996 gross margin · 2025
LAS - SERVICE
€ 2.3 million gross margin · 2025
STEJA TRANSPORT INTERNATIONAL
€ 111,788 gross margin · 2025
ANTEC
€ 711,157 gross margin · 2025
DOK 138
€ 15,119 gross margin · 2025
+18 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Domain
Domain
elft.be
Registered
2005-02-28
Website info
Features
Security
Network
Details
- Company number
- 0446.826.936
- VAT number
- BE 0446.826.936
- Registered office
- Boterhamvaartweg 2, 2030 Antwerpen
- Names & denominations
- Elft
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 March 1992
- Peppol
- Active · Active since 24 Nov 2023
- Contact
- elft.be
- Activities · NACE
Schrijnwerk
Schrijnwerk van hout of van kunststof
Reparatie en onderhoud van civiele schepen
Bouw en reparatie van schepen