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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 37 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2025.
Financials
Financial year 2025
ELFIQUE from Aywaille, company number BE0666902615, closed financial year 2025 with a result of € -712,563 after tax. For that financial year ELFIQUE recorded a gross margin of € 277,467 and equity of € 1.8 million. Compared with financial year 2024, the result moved from € -429,915 to € -712,563. The company made a loss. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 10, 2026.
€ 1.8 million
▲ 55% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -712,563
▼ 66 % more loss than in 2024
Profit after tax over the fiscal year.
€ 448,897
▲ € 405,537 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.3 million.
People and assets in 2025
€ 352,062
▼ 5% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 75,371
▼ 45% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.8 million
▼ 10% vs 2024
€ 700,673 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 834,876
▼ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 330,731
▼ 5% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 315,518 | € 359,984 | € 514,708 | € 277,467 | ▼ 46% |
| Profit after taxes | € -440,053 | € -490,694 | € -429,915 | € -712,563 | ▼ € 282,648 |
| Equity | € 1,527,102 | € 1,577,314 | € 1,140,471 | € 1,770,262 | ▲ 55% |
| Total debts | € 4,180,747 | € 3,960,395 | € 4,223,510 | € 3,438,465 | ▼ 19% |
| Cash | € 14,018 | € 509 | € 43,360 | € 448,897 | ▲ € 405,537 |
| Land & buildings | € 2,793,778 | € 2,677,018 | € 2,790,689 | € 2,800,613 | |
| Retained profit | € -710,700 | € -1,201,393 | € -1,631,309 | € -2,343,872 | ▼ € 712,563 |
| Bank debt | € 2,455,429 | € 2,325,525 | € 2,037,335 | € 1,839,642 | ▼ 10% |
| Balance sheet total | € 5,757,222 | € 5,578,639 | € 5,396,467 | € 5,232,769 | ▼ 3% |
| Employees (FTE) | 7.1 | 7.6 | 7.6 | - |
Key figures of ELFIQUE, 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 ELFIQUE?
What happened at ELFIQUE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Sebastian KNAUF stepped down as director. NBB
- PRACO stepped down as director. NBB
- Axel KNAUF stepped down as director. NBB
- William BREUER stepped down as director. NBB
- Corrected annual accounts filed for financial year 2025. filed late Source: NBB ↗
- New establishment in Aywaille. KBO
- Start of the company according to the CBE. KBO
In short
From € 440,053 loss in 2022 to € 712,563 loss in 2025.
Paid € 2,150 in corporate taxes since 2022.
On average € 67,700 of value added per employee in 2024.
Management
The stake of NOSHAQ, DANATEL, PRACO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ELFIQUEThe shares are held by NOSHAQ (19.2%), DANATEL (12.5%) and PRACO (11.8%). It owns 100% of BOBELINE & CO itself.
Directors
According to the 2025 annual accounts
Sebastian KNAUF
Director
· until 2027
Director · represented by HEEREN Hugo
· until 2027
· until 2027
William BREUER
Director
· until 2027
Participations
100%
Establishments
Establishment units
Physical locations of this company
Rue de Raborive 2
4920 Aywaille
Hameau de Raborive 2
4920 Aywaille
Active since 2 December 2016
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0666.902.615
- VAT number
- BE 0666.902.615
- Registered office
- Rue de Raborive 2, 4920 Aywaille
- Names & denominations
- ELFIQUE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 December 2016
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
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