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 5 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Elimat from Gent, company number BE0451525201, closed financial year 2025 with a result of € -63,037 after tax. For that financial year Elimat recorded a gross margin of € 20,204 and equity of € 726,068. Compared with financial year 2024, the result moved from € 545,639 to € -63,037. 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 January 9, 2026.
€ 726,068
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -63,037
▼ still € 545,639 profit in 2024
Profit after tax over the fiscal year.
€ 9,801
▲ € 7,599 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 313,469.
People and assets in 2025
€ 12,730
▼ 32% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 152,275
▼ 15% vs 2024
€ 2,275 is repaid this year. At this pace the long-term loan is gone in ≈ 67 years.
€ 382
▼ 91% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 52,507 | € 64,680 | € 676,978 | € 20,204 | ▼ 97% |
| Profit after taxes | € -58,767 | € -27,823 | € 545,639 | € -63,037 | ▼ € 608,677 |
| Equity | € 271,289 | € 243,466 | € 789,105 | € 726,068 | ▼ 8% |
| Total debts | € 1,104,682 | € 1,092,818 | € 395,564 | € 353,717 | ▼ 11% |
| Cash | € 5,164 | € 10,000 | € 2,202 | € 9,801 | ▲ € 7,599 |
| Land & buildings | € 1,687,772 | € 1,607,037 | € 1,409,194 | € 1,335,095 | ▼ 5% |
| Retained profit | € -141,310 | € -169,133 | € 376,507 | € 313,469 | ▼ 17% |
| Bank debt | € 559,500 | € 532,193 | € 179,582 | € 152,275 | ▼ 15% |
| Balance sheet total | € 1,713,611 | € 1,656,696 | € 1,486,905 | € 1,364,671 | ▼ 8% |
Key figures of Elimat, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Elimat?
What happened at Elimat in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 63,037 (▼ € 608,677 vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 58,767 loss in 2022 to € 63,037 loss in 2025.
Paid € 34,379 in corporate taxes since 2022.
Best year ever: 2024, with € 545,639 profit.
Management
Behind Elimat are Marleen Pensaert and Jan Lanckman.
Directors
According to the 2025 annual accounts
Marleen Pensaert
Manager
Jan Lanckman
Manager
Establishments
Establishment units
Physical locations of this company
Krijgslaan 195
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0451.525.201
- VAT number
- BE 0451.525.201
- Registered office
- Krijgslaan 195, 9000 Gent
- Names & denominations
- Elimat
- Enterprise type
- Rechtspersoon
- Legal form
- Commanditaire vennootschap op aandelen
- Legal situation
- Normale toestand
- Start date
- 29 November 1993
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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