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 35 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 18.6 to 13.4.
Financials
Financial year 2025
ELST KEUKENS from Rijkevorsel, company number BE0458698647, closed financial year 2025 with a result of € -25,539 after tax. For that financial year ELST KEUKENS recorded a gross margin of € 1.1 million and equity of € 284,077. Compared with financial year 2024, the result moved from € 22,405 to € -25,539. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 15, 2026.
€ 284,077
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -25,539
▼ still € 22,405 profit in 2024
Profit after tax over the fiscal year.
€ 40,222
▼ 73% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 18,370.
People and assets in 2025
13.4
▼ 3.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 875,865
▼ 22% vs 2024
€ 65,400 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.
Debts at end 2025
€ 936,679
▼ 8% vs 2024
€ 135,814 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 219,969
▼ 33% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 17,928
▼ 61% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,232,919 | € 1,422,975 | € 1,363,140 | € 1,053,550 | ▼ 23% |
| Profit after taxes | € 49,283 | € 3,757 | € 22,405 | € -25,539 | ▼ € 47,944 |
| Equity | € 283,454 | € 287,211 | € 309,616 | € 284,077 | ▼ 8% |
| Total debts | € 1,228,181 | € 1,564,042 | € 1,484,025 | € 1,261,238 | ▼ 15% |
| Cash | € 36,987 | € 242,310 | € 146,725 | € 40,222 | ▼ 73% |
| Land & buildings | € 688,659 | € 774,225 | € 702,066 | € 629,908 | ▼ 10% |
| Retained profit | € 17,747 | € 21,504 | € 43,909 | € 18,370 | ▼ 58% |
| Bank debt | € 836,859 | € 1,058,547 | € 1,019,886 | € 936,679 | ▼ 8% |
| Balance sheet total | € 1,511,635 | € 1,851,253 | € 1,793,641 | € 1,545,315 | ▼ 14% |
| Employees (FTE) | 16.8 | 18.6 | 17.2 | 13.4 | ▼ 3.8 |
Key figures of ELST KEUKENS, 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 ELST KEUKENS?
What happened at ELST KEUKENS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 25,539 (▼ € 47,944 vs 2024). Source: NBB ↗
- New establishment in Dessel. KBO
- New establishment in Rijkevorsel. KBO
- Start of the company according to the CBE. KBO
In short
From € 49,283 profit in 2022 to € 25,539 loss in 2025.
Paid € 494 in corporate taxes since 2022.
Best year ever: 2022, with € 49,283 profit.
On average € 78,600 of value added per employee in 2025.
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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
Behind ELST KEUKENS are Kris Joanna Elst and Anja De Gruyter. The same people are also behind ELST.
Establishments
Establishment units
Physical locations of this company
Zuiderdijk 8 box A
2310 Rijkevorsel
Zuiderdijk 8A
2310 Rijkevorsel
Active since 1 February 2011
Turnhoutsebaan 171 box 20
2480 Dessel
Active since 7 June 2012
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0458.698.647
- VAT number
- BE 0458.698.647
- Registered office
- Zuiderdijk 8 bus A, 2310 Rijkevorsel
- Names & denominations
- ELST KEUKENS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 September 1996
- Peppol
- Active · Active since 8 Sept 2025
- Activities · NACE
Vervaardiging van keukenmeubelen
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