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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 12 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Elmy from Harelbeke, company number BE0650548514, closed financial year 2025 with a result of € -201,706 after tax. For that financial year Elmy recorded a gross margin of € 667,202 and equity of € -581,551. Compared with financial year 2024, the result moved from € -70,546 to € -201,706. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.
€ -581,551
▼ € 201,706 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -201,706
▼ 186 % more loss than in 2024
Profit after tax over the fiscal year.
€ 65,131
▼ 35% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -593,951.
People and assets in 2025
14.2
▲ 3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 709,030
▲ 29% vs 2024
€ 49,900 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.
€ 50,635
▼ 18% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 279,883
▼ 29% vs 2024
€ 108,848 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1.1 million
▲ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 99,862
▲ 27% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 328,575 | € 521,776 | € 642,193 | € 667,202 | ▲ 4% |
| Profit after taxes | € -228,484 | € -126,165 | € -70,546 | € -201,706 | ▼ € 131,160 |
| Equity | € -183,134 | € -309,299 | € -379,845 | € -581,551 | ▼ € 201,706 |
| Total debts | € 1,739,059 | € 1,471,634 | € 1,595,970 | € 1,572,885 | ▼ 1% |
| Cash | € 104,443 | € 30,515 | € 99,922 | € 65,131 | ▼ 35% |
| Retained profit | € -195,534 | € -321,699 | € -392,245 | € -593,951 | ▼ € 201,706 |
| Bank debt | € 546,925 | € 465,332 | € 394,928 | € 279,883 | ▼ 29% |
| Balance sheet total | € 1,555,926 | € 1,162,335 | € 1,216,125 | € 991,334 | ▼ 18% |
| Employees (FTE) | 11.4 | 11.5 | 11.2 | 14.2 | ▲ 3 |
Key figures of Elmy, 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 Elmy?
What happened at Elmy in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 201,706. Source: NBB ↗
- Atelier Gauthier BV became a director. NBB
- New establishment in Zulte. KBO
- Start of the company according to the CBE. KBO
In short
From € 228,484 loss in 2022 to € 201,706 loss in 2025.
Paid € 2,711 in corporate taxes since 2022.
On average € 47,000 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 Elmy is Atelier Gauthier BV. Atelier Gauthier BV is also behind Delmo.
Directors
According to the 2025 annual accounts
since 2023
Establishments
Establishment units
Physical locations of this company
Elzenlaan 9
8530 Harelbeke
Grote Steenweg 190
9870 Zulte
Active since 1 April 2020
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0650.548.514
- VAT number
- BE 0650.548.514
- Registered office
- Elzenlaan 9, 8530 Harelbeke
- Names & denominations
- Elmy
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 March 2016
- Peppol
- Active · Active since 28 Nov 2025
- Activities · NACE
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Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)
Detailhandel in vlees van wild en van gevogelte
Detailhandel in zuivelproducten en eieren
Detailhandel in zuivelproducten en eieren in gespecialiseerde winkels