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.
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Tight liquidity NBB
Cash and receivables cover 11 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ELMAPO from Pittem, company number BE0450860156, closed financial year 2025 with a result of € -11,116 after tax. For that financial year ELMAPO recorded a gross margin of € 17,868 and equity of € 371,402. Compared with financial year 2024, the result moved from € -10,339 to € -11,116. 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 17, 2026.
€ 371,402
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -11,116
▼ 8 % more loss than in 2024
Profit after tax over the fiscal year.
€ 716
▼ 42% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 309,429.
People and assets in 2025
€ 15,233
▼ 34% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 52,175
▼ 29% vs 2024
€ 19,656 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 11,407
Supplier invoices still open on the last day of the fiscal year.
€ 486
▼ 92% vs 2024
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 | € 68,427 | € 48,457 | € 18,185 | € 17,868 | ▼ 2% |
| Profit after taxes | € 30,258 | € 9,285 | € -10,339 | € -11,116 | ▼ € 777 |
| Equity | € 399,974 | € 402,358 | € 382,519 | € 371,402 | ▼ 3% |
| Total debts | € 182,688 | € 132,639 | € 101,180 | € 85,411 | ▼ 16% |
| Cash | € 37,574 | € 15,655 | € 1,226 | € 716 | ▼ 42% |
| Land & buildings | € 530,958 | € 515,041 | € 499,124 | € 483,207 | ▼ 3% |
| Retained profit | € 338,000 | € 340,385 | € 320,546 | € 309,429 | ▼ 3% |
| Dividend | € 0 | € 6,900 | € 9,500 | € 0 | ▼ 100% |
| Bank debt | € 95,878 | € 97,947 | € 73,125 | € 52,175 | ▼ 29% |
| Balance sheet total | € 639,308 | € 588,753 | € 534,563 | € 504,787 | ▼ 6% |
Key figures of ELMAPO, 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 ELMAPO?
What happened at ELMAPO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 11,117. Source: NBB ↗
- New establishment in Pittem. KBO
- Start of the company according to the CBE. KBO
In short
From € 30,258 profit in 2022 to € 11,117 loss in 2025.
Paid € 21,331 in corporate taxes since 2022.
Best year ever: 2022, with € 30,258 profit.
Paid out € 16,400 in dividends to the owners in total.
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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
Directors
According to the 2025 annual accounts
Marc Popelier
Director
Establishments
Establishment units
Physical locations of this company
Kasteeldreef 8A
8740 Pittem
Kasteeldreef 8 A
8740 Pittem
Active since 29 December 1993
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0450.860.156
- VAT number
- BE 0450.860.156
- Registered office
- Kasteeldreef 8A, 8740 Pittem
- Names & denominations
- ELMAPO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 September 1993
- Peppol
- Active · Active since 9 Sept 2025
- Activities · NACE
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde bouwwerkzaamheden
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen