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 31 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Elveba from Kruisem, company number BE0447623524, closed financial year 2025 with a result of € 70,327 after tax. For that financial year Elveba recorded a gross margin of € 163,345 and equity of € 672,097. Compared with financial year 2024, the result moved from € 87,516 to € 70,327. The company is profitable. 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 July 29, 2026.
€ 672,097
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 70,327
▼ 20% vs 2024
Profit after tax over the fiscal year.
€ 140,977
▼ 67% 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 € 522,597.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 52,430
▲ € 39,402 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | - | - | € 145,460 | € 163,345 | ▲ 12% |
| Profit after taxes | € 85,677 | € 94,374 | € 87,516 | € 70,327 | ▼ 20% |
| Equity | € 419,880 | € 514,254 | € 601,770 | € 672,097 | ▲ 12% |
| Total debts | € 235,734 | € 234,521 | € 245,770 | € 485,172 | ▲ 97% |
| Cash | € 267,157 | € 384,230 | € 424,539 | € 140,977 | ▼ 67% |
| Land & buildings | € 386,068 | € 348,568 | € 395,323 | € 1,008,799 | ▲ 155% |
| Retained profit | € 270,380 | € 364,754 | € 452,270 | € 522,597 | ▲ 16% |
| Balance sheet total | € 655,614 | € 748,775 | € 847,540 | € 1,157,268 | ▲ 37% |
Key figures of Elveba, 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 Elveba?
What happened at Elveba in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- DEBIFIN NV stepped down as director. NBB
- ROSELINE RAGOLLE stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 70,327 (▼ 20% vs 2024). Source: NBB ↗
- DEBIFIN NV became a director. NBB
- ROSELINE RAGOLLE became a director. NBB
- New establishment in Lichtervelde. KBO
- Start of the company according to the CBE. KBO
In short
From € 85,677 profit in 2022 to € 70,327 profit in 2025.
Paid € 112,408 in corporate taxes since 2022.
Best year ever: 2023, with € 94,374 profit.
Management
The stake of DEBIFIN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ElvebaThe shares are held by DEBIFIN (99.8%).
Directors
According to the 2025 annual accounts
Director · represented by Patrick Van Rijckeghem
since 2022 · until 2028
ROSELINE RAGOLLE
Director
Also active at: RAGOLLE, De Biest, DEBIFIN, PARK ROOSEVELT, ORION PR, DISA-TRANS, MARYLO II
since 2022 · until 2028
Shareholders
99.8%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Waregemsesteenweg(KRU) 186
9770 Kruisem
Kleine Zwevezelestraat 2
8810 Lichtervelde
Active since 13 June 1992
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →De Biest same network
€ 48 million revenue · 2025
DEBIFIN same network
€ 485,290 gross margin · 2025
CEMADE
CEMAPA
SUPHORA
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0447.623.524
- VAT number
- BE 0447.623.524
- Registered office
- Waregemsesteenweg(KRU) 186, 9770 Kruisem
- Names & denominations
- Elveba
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 June 1992
- Peppol
- Active · Active since 21 Oct 2026