Financials
Financial year 2025
Elias Gits from Kortrijk, company number BE0763835606, closed financial year 2025 with a result of € 58,599 after tax. For that financial year Elias Gits recorded a gross margin of € 89,590 and equity of € 1,500. Compared with financial year 2024, the result moved from € 31,376 to € 58,599. Profitable, and profit is growing. The buffer shrank hard: equity is 99 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 21, 2026.
€ 1,500
▼ 99% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 58,599
▲ 87% vs 2024
Profit after tax over the fiscal year.
€ 110,896
▲ 21% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 197,327 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 15,676
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 32,781
▼ 15% vs 2024
Loans from banks and other lenders, long and short.
€ 769
▼ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 29,698
▲ € 24,336 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 | € 55,569 | € 53,543 | € 53,443 | € 89,590 | ▲ 68% |
| Profit after taxes | € 38,760 | € 35,461 | € 31,376 | € 58,599 | ▲ 87% |
| Equity | € 73,392 | € 108,853 | € 140,228 | € 1,500 | ▼ 99% |
| Total debts | € 60,585 | € 55,450 | € 46,771 | € 185,135 | ▲ 296% |
| Cash | € 28,398 | € 76,386 | € 91,915 | € 110,896 | ▲ 21% |
| Retained profit | € 71,892 | € 107,353 | € 138,728 | € 0 | ▼ 100% |
| Dividend | € 0 | € 0 | € 0 | € 197,327 | |
| Bank debt | € 49,800 | € 44,213 | € 38,542 | € 32,781 | ▼ 15% |
| Balance sheet total | € 133,976 | € 164,302 | € 186,999 | € 186,635 |
Key figures of Elias Gits, 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 Elias Gits?
What happened at Elias Gits in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 58,599 (▲ 87% vs 2024). Source: NBB ↗
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 38,760 profit in 2022 to € 58,599 profit in 2025.
Paid € 43,995 in corporate taxes since 2022.
Best year ever: 2025, with € 58,599 profit.
Paid out € 197,327 in dividends to the owners in total.
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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
Elias Gits
Director
Establishments
Establishment units
Physical locations of this company
Doorniksewijk(Kor) 14
8500 Kortrijk
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
- 0763.835.606
- VAT number
- BE 0763.835.606
- Registered office
- Doorniksewijk(Kor) 14, 8500 Kortrijk
- Names & denominations
- Elias Gits
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 February 2021
- Peppol
- Active · Active since 10 Feb 2026
- Activities · NACE
Activiteiten van advocaten