Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ELASTO PROXY EUROPE from Sint-Niklaas, company number BE0686735254, closed financial year 2025 with a result of € -66,329 after tax. For that financial year ELASTO PROXY EUROPE recorded a gross margin of € 131,505 and equity of € -974,345. Compared with financial year 2024, the result moved from € -56,550 to € -66,329. 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 October 13, 2025.
€ -974,345
▼ € 66,329 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -66,329
▼ 17 % more loss than in 2024
Profit after tax over the fiscal year.
€ 16,793
▼ 81% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -992,895.
People and assets in 2025
1.7
▼ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 141,002
▼ 24% vs 2024
€ 82,900 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.
€ 2,286
▼ 1% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 347,864
▼ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 25,341
▲ 3% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 58,814 | € 106,618 | € 188,266 | € 131,505 | ▼ 30% |
| Profit after taxes | € -135,129 | € -133,937 | € -56,550 | € -66,329 | ▼ € 9,779 |
| Equity | € -717,528 | € -851,466 | € -908,016 | € -974,345 | ▼ € 66,329 |
| Total debts | € 976,700 | € 1,229,560 | € 1,401,698 | € 1,357,016 | ▼ 3% |
| Cash | € 44,521 | € 22,162 | € 86,363 | € 16,793 | ▼ 81% |
| Retained profit | € -736,078 | € -870,016 | € -926,566 | € -992,895 | ▼ € 66,329 |
| Bank debt | € 731,275 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 259,172 | € 378,095 | € 493,682 | € 382,672 | ▼ 22% |
| Employees (FTE) | 2 | 2.3 | 2.3 | 1.7 | ▼ 0.6 |
Key figures of ELASTO PROXY EUROPE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 August 2026.
What happened to ELASTO PROXY EUROPE?
What happened at ELASTO PROXY EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 66,329. filed late Source: NBB ↗
- New establishment in Sint-Niklaas. KBO
- Start of the company according to the CBE. KBO
In short
From € 135,129 loss in 2022 to € 66,329 loss in 2025.
On average € 77,400 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 ELASTO PROXY EUROPE is Clyde Sharpe.
Directors
According to the 2025 annual accounts
Clyde Sharpe
Director
Establishments
Establishment units
Physical locations of this company
Heimolenstraat 127A box 5
9100 Sint-Niklaas
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Self-hosted
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
DNS
Cloudflare DNS
Domain
Domain
elastoproxy.com
Registered
1997-04-25
Registrar
Network Solutions, LLC
Expires
2031-04-26
Website info
Features
Security
Network
Details
- Company number
- 0686.735.254
- VAT number
- BE 0686.735.254
- Registered office
- Heimolenstraat 127A bus 5, 9100 Sint-Niklaas
- Names & denominations
- ELASTO PROXY EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 December 2017
- Peppol
- Active · Active since 28 Nov 2025
- Contact
- elastoproxy.com
- Activities · NACE
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