Financials
Financial year 2025
Elias-Co from Gent, company number BE0656627444, closed financial year 2025 with a result of € -3,511 after tax. For that financial year Elias-Co recorded a gross margin of € 114,241 and equity of € 60,621. Compared with financial year 2024, the result moved from € 3,228 to € -3,511. 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 July 7, 2026.
€ 60,621
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,511
▼ still € 3,228 profit in 2024
Profit after tax over the fiscal year.
€ 44,280
▲ 20% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 40,621.
People and assets in 2025
2.2
▲ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 70,580
▲ 29% vs 2024
€ 32,100 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.
€ 29,145
▲ € 27,117 vs 2024
Of which on lease € 19,456.
Debts at end 2025
€ 24,906
€ 9,215 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 19,847
▲ 86% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,567
▲ 17% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -13,214 | € 81,499 | € 86,998 | € 114,241 | ▲ 31% |
| Profit after taxes | € -58,035 | € 19,566 | € 3,228 | € -3,511 | ▼ € 6,739 |
| Equity | € 41,339 | € 60,904 | € 64,132 | € 60,621 | ▼ 5% |
| Total debts | € 53,048 | € 55,382 | € 25,221 | € 59,697 | ▲ 137% |
| Cash | € 9,125 | € 16,228 | € 36,863 | € 44,280 | ▲ 20% |
| Retained profit | € 21,339 | € 40,904 | € 44,132 | € 40,621 | ▼ 8% |
| Bank debt | € 0 | € 0 | € 0 | € 24,906 | |
| Balance sheet total | € 94,387 | € 116,286 | € 89,353 | € 120,318 | ▲ 35% |
| Employees (FTE) | 1.1 | 1.1 | 1.3 | 2.2 | ▲ 0.9 |
Key figures of Elias-Co, 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 Elias-Co?
What happened at Elias-Co in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3,511 (▼ € 6,739 vs 2024). Source: NBB ↗
- Giuseppe Franco Coviello became a director. NBB
- Rim Knani became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 58,035 loss in 2022 to € 3,511 loss in 2025.
Paid € 735 in corporate taxes since 2022.
Best year ever: 2023, with € 19,566 profit.
On average € 51,900 of value added per employee in 2025.
Management
Behind Elias-Co are Giuseppe Franco Coviello and Rim Knani.
Directors
According to the 2025 annual accounts
Giuseppe Franco Coviello
Director
since 2022
Rim Knani
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Sint-Veerleplein 4
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
- 0656.627.444
- VAT number
- BE 0656.627.444
- Registered office
- Sint-Veerleplein 4, 9000 Gent
- Names & denominations
- Elias-Co
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 June 2016
- Peppol
- Active · Active since 12 Nov 2025
- Activities · NACE
Cafés en bars
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Eetgelegenheden met beperkte bediening
Overige detailhandel in voedingsmiddelen, neg
Groothandel in dranken, algemeen assortiment
Beroepsopleiding
Groothandel in andere voedingsmiddelen, neg
Overige detailhandel in voedingsmiddelen in gespecialiseerde winkels, n.e.g.