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 2 of the last 4 fiscal years.
Financials
Financial year 2025
ELGM from Leopoldsburg, company number BE0734971176, closed financial year 2025 with a result of € 515 after tax. For that financial year ELGM recorded a gross margin of € 3,752 and equity of € -1,200. Compared with financial year 2024, the result moved from € -2,576 to € 515. Profitable, and profit is growing. 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 July 14, 2026.
€ -1,200
▲ € 515 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 515
▲ still € 2,576 loss in 2024
Profit after tax over the fiscal year.
€ 20,499
▲ 1% 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 € -7,200.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 1,896
▲ 162% 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.
€ 3,696
▼ 43% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,958
▲ 148% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -6,521 | € 409 | € -445 | € 3,752 | ▲ € 4,197 |
| Profit after taxes | € -7,293 | € -1,862 | € -2,576 | € 515 | ▲ € 3,090 |
| Equity | € 2,723 | € 861 | € -1,714 | € -1,200 | ▲ € 515 |
| Total debts | € 46,020 | € 45,775 | € 35,068 | € 36,892 | ▲ 5% |
| Cash | € 39,698 | € 23,483 | € 20,204 | € 20,499 | ▲ 1% |
| Retained profit | € -3,277 | € -5,139 | € -7,714 | € -7,200 | ▲ € 515 |
| Balance sheet total | € 48,743 | € 46,637 | € 33,354 | € 35,692 | ▲ 7% |
Key figures of ELGM, 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 ELGM?
What happened at ELGM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 515. Source: NBB ↗
- New establishment in Leopoldsburg. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,293 loss in 2022 to € 515 profit in 2025.
Paid € 547 in corporate taxes since 2022.
Best year ever: 2025, with € 515 profit.
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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
Directors
According to the 2025 annual accounts
Luc Gielis
Director
Establishments
Establishment units
Physical locations of this company
Laarstraat 3
3971 Leopoldsburg
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
GOOGLE-CLOUD-PLATFORM - Google LLC, US
Website info
Features
Security
Details
- Company number
- 0734.971.176
- VAT number
- BE 0734.971.176
- Registered office
- Laarstraat 3, 3971 Leopoldsburg
- Names & denominations
- ELGM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 September 2019
- Peppol
- Active · Active since 24 Nov 2023
- Contact
- elgm.be
- Activities · NACE
Ondersteunende activiteiten in verband met de teelt van gewassen
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Installatie van industriële machines, toestellen en werktuigen
Verhuur en lease van machines, apparatuur en handgereedschap voor doe-het-zelvers
Reparatie en onderhoud van machines
Overige vormen van onderwijs
Personenvervoer over de weg volgens dienstregeling
Handelsbemiddeling in de niet-gespecialiseerde groothandel
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