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 6 % of short-term debt in 2025; threshold 65 %.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
ELGEMA from Asse, company number BE0737408945, closed financial year 2025 with a result of € 19,825 after tax. For that financial year ELGEMA recorded a gross margin of € 103,818 and equity of € 708,487. Compared with financial year 2024, the result moved from € -73,205 to € 19,825. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 708,487
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 19,825
▲ still € 73,205 loss in 2024
Profit after tax over the fiscal year.
€ 14,428
▼ 19% 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 € -31,513.
Debts at end 2025
€ 1.2 million
▲ 38% vs 2024
€ 228,249 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 1,501
▲ 52% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 40,347 | € 48,981 | € 36,358 | € 103,818 | ▲ 186% |
| Profit after taxes | € 7,694 | € 17,134 | € -73,205 | € 19,825 | ▲ € 93,030 |
| Equity | € 744,734 | € 761,868 | € 688,663 | € 708,487 | ▲ 3% |
| Total debts | € 347,349 | € 324,829 | € 1,213,449 | € 1,168,726 | ▼ 4% |
| Cash | € 87,436 | € 55,197 | € 17,909 | € 14,428 | ▼ 19% |
| Land & buildings | € 1,004,647 | € 1,031,499 | € 1,884,203 | € 1,862,785 | ▼ 1% |
| Retained profit | € 4,734 | € 21,868 | € -51,337 | € -31,513 | ▲ € 19,825 |
| Bank debt | € 341,794 | € 316,402 | € 833,811 | € 1,152,114 | ▲ 38% |
| Balance sheet total | € 1,092,082 | € 1,086,696 | € 1,902,112 | € 1,877,213 | ▼ 1% |
Key figures of ELGEMA, 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 ELGEMA?
What happened at ELGEMA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 19,825. Source: NBB ↗
- Elise Everaet stepped down as director. NBB
- Elise Everaet became a director. NBB
- New establishment in Asse. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,694 profit in 2022 to € 19,825 profit in 2025.
Paid € 5,835 in corporate taxes since 2022.
Best year ever: 2025, with € 19,825 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
Veerle Pauwels
Director
Elise Everaet
Director
since 2022 · until 2025
Establishments
Establishment units
Physical locations of this company
Hoogstraat 7
1730 Asse
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0737.408.945
- VAT number
- BE 0737.408.945
- Registered office
- Hoogstraat 7, 1730 Asse
- Names & denominations
- ELGEMA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 November 2019
- Peppol
- Not registered