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 27 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ELFABO from Boortmeerbeek, company number BE0634843422, closed financial year 2025 with a result of € -1,610 after tax. For that financial year ELFABO recorded a gross margin of € 63,846 and equity of € 47,703. Compared with financial year 2024, the result moved from € 13,210 to € -1,610. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 4, 2026.
€ 47,703
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,610
▼ still € 13,210 profit in 2024
Profit after tax over the fiscal year.
€ 47,678
▲ 16% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -27,297.
People and assets in 2025
€ 1,770
▼ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 391,843
▼ 9% vs 2024
€ 41,972 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 771
▼ 37% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,380
▲ 41% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 56,625 | € 84,278 | € 77,717 | € 63,846 | ▼ 18% |
| Profit after taxes | € 1,517 | € 26,918 | € 13,210 | € -1,610 | ▼ € 14,820 |
| Equity | € 9,185 | € 36,103 | € 49,313 | € 47,703 | ▼ 3% |
| Total debts | € 606,649 | € 616,091 | € 575,709 | € 535,873 | ▼ 7% |
| Cash | € 16,033 | € 37,396 | € 41,067 | € 47,678 | ▲ 16% |
| Land & buildings | € 586,396 | € 605,927 | € 563,072 | € 520,218 | ▼ 8% |
| Retained profit | € -65,815 | € -38,897 | € -25,687 | € -27,297 | ▼ € 1,610 |
| Bank debt | € 464,591 | € 472,331 | € 432,697 | € 391,843 | ▼ 9% |
| Balance sheet total | € 615,834 | € 652,194 | € 625,022 | € 583,576 | ▼ 7% |
Key figures of ELFABO, 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 ELFABO?
What happened at ELFABO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1,610 (▼ € 14,820 vs 2024). Source: NBB ↗
- New establishment in Boortmeerbeek. KBO
- Farah Meysmans became a director. NBB
- Daniel Meysmans became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1,517 profit in 2022 to € 1,610 loss in 2025.
Best year ever: 2023, with € 26,918 profit.
Management
Behind ELFABO are Farah Meysmans and Daniel Meysmans.
Directors
According to the 2025 annual accounts
Farah Meysmans
Director
since 2015
Daniel Meysmans
Director
since 2015
Establishments
Establishment units
Physical locations of this company
Goorstraat 39
3191 Boortmeerbeek
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0634.843.422
- VAT number
- BE 0634.843.422
- Registered office
- Goorstraat 39, 3191 Boortmeerbeek
- Names & denominations
- ELFABO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 August 2015
- Peppol
- Active · Active since 5 Feb 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen