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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Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ELEMGA from Brugge, company number BE0730610037, closed financial year 2025 with a result of € 51,822 after tax. For that financial year ELEMGA recorded a gross margin of € 119,458 and equity of € 165,169. Compared with financial year 2024, the result moved from € 34,052 to € 51,822. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 22, 2026.
€ 165,169
▲ 46% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 51,822
▲ 52% vs 2024
Profit after tax over the fiscal year.
€ 11,672
▼ 46% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 155,169.
People and assets in 2025
€ 12,556
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 68,585
€ 58,473 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 5,675
▲ 203% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 26,928
▼ 11% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 69,858 | € 76,497 | € 58,981 | € 119,458 | ▲ 103% |
| Profit after taxes | € 35,096 | € 35,241 | € 34,052 | € 51,822 | ▲ 52% |
| Equity | € 43,761 | € 79,294 | € 113,347 | € 165,169 | ▲ 46% |
| Total debts | € 211,503 | € 216,237 | € 993,850 | € 608,482 | ▼ 39% |
| Cash | € 106,888 | € 22,187 | € 21,675 | € 11,672 | ▼ 46% |
| Land & buildings | € 5,148 | € 4,984 | € 4,820 | € 4,655 | ▼ 3% |
| Retained profit | € 33,761 | € 69,294 | € 103,347 | € 155,169 | ▲ 50% |
| Bank debt | € 0 | € 0 | € 0 | € 68,585 | |
| Balance sheet total | € 255,264 | € 295,532 | € 1,107,197 | € 773,651 | ▼ 30% |
Key figures of ELEMGA, 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 ELEMGA?
What happened at ELEMGA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 51,822 (▲ 52% vs 2024). Source: NBB ↗
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 35,096 profit in 2022 to € 51,822 profit in 2025.
Paid € 62,478 in corporate taxes since 2022.
Best year ever: 2025, with € 51,822 profit.
Management
Behind ELEMGA is Geert Roelens. It owns Viu More itself.
Directors
According to the 2025 annual accounts
Geert Roelens
Director
Also active at: DECOSPAN HOLDING, Frisofina, HET VEER, VIABUILD GROUP, HUBERMONT, HUBERMONT SPACE FOR DEVELOPMENT, VIU MORE, The Veneer +2 more
Establishments
Establishment units
Physical locations of this company
Nachtegalendreef 23
8200 Brugge
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0730.610.037
- VAT number
- BE 0730.610.037
- Registered office
- Nachtegalendreef 23, 8200 Brugge
- Names & denominations
- ELEMGA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 July 2019
- Peppol
- Active · Active since 14 Nov 2025
- Activities · NACE
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