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 39 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
El-Mar from Waregem, company number BE0728692902, closed financial year 2025 with a result of € -32,843 after tax. For that financial year El-Mar recorded a gross margin of € 58,949 and equity of € 583,120. Compared with financial year 2024, the result moved from € -68,551 to € -32,843. 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 27, 2026.
€ 583,120
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -32,843
▲ 52 % less loss than in 2024
Profit after tax over the fiscal year.
€ 41,341
▼ 19% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 261,827.
People and assets in 2025
€ 2,559
▼ 44% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 166,865
▼ 15% vs 2024
€ 30,050 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 292
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 25,452 | € 31,716 | € 29,534 | € 58,949 | ▲ 100% |
| Profit after taxes | € -186,364 | € -61,135 | € -68,551 | € -32,843 | ▲ € 35,708 |
| Equity | € 745,649 | € 684,514 | € 615,963 | € 583,120 | ▼ 5% |
| Total debts | € 883,393 | € 868,028 | € 858,522 | € 846,443 | ▼ 1% |
| Cash | € 76,893 | € 60,771 | € 50,888 | € 41,341 | ▼ 19% |
| Land & buildings | € 1,763,536 | € 1,694,673 | € 1,625,810 | € 1,482,995 | ▼ 9% |
| Retained profit | € 424,356 | € 363,220 | € 294,670 | € 261,827 | ▼ 11% |
| Bank debt | € 253,761 | € 225,328 | € 196,366 | € 166,865 | ▼ 15% |
| Balance sheet total | € 1,852,988 | € 1,768,403 | € 1,681,526 | € 1,627,164 | ▼ 3% |
Key figures of El-Mar, 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 El-Mar?
What happened at El-Mar in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 32,843. Source: NBB ↗
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
- Caroline Rogiers became a director. NBB
In short
From € 186,364 loss in 2022 to € 32,843 loss in 2025.
Management
Behind El-Mar is Caroline Rogiers. Caroline Rogiers is also behind PUCCINI.
Directors
According to the 2025 annual accounts
since 2019
Establishments
Establishment units
Physical locations of this company
Bessemstraat 2
8790 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0728.692.902
- VAT number
- BE 0728.692.902
- Registered office
- Bessemstraat 2, 8790 Waregem
- Names & denominations
- El-Mar
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 June 2019
- Peppol
- Active · Active since 6 Jan 2026
- Contact
- [email protected]