Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 31 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ELPEO from Herentals, company number BE0793803260, closed financial year 2025 with a result of € 755,153 after tax. For that financial year ELPEO recorded a gross margin of € 24,273 and equity of € 4.6 million. Compared with financial year 2024, the result moved from € 697,160 to € 755,153. 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 June 25, 2026.
€ 4.6 million
▲ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 755,153
▲ 8% vs 2024
Profit after tax over the fiscal year.
€ 161,714
▲ 40% 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 € 1.9 million.
Debts at end 2025
€ 2.9 million
▼ 21% vs 2024
€ 533,332 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 5,883
▲ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,489
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -43,001 | € -16,302 | € 24,273 | ▲ € 40,575 |
| Profit after taxes | € 495,928 | € 697,160 | € 755,153 | ▲ 8% |
| Equity | € 3,195,928 | € 3,893,087 | € 4,648,240 | ▲ 19% |
| Total debts | € 4,451,531 | € 3,733,905 | € 3,021,430 | ▼ 19% |
| Cash | € 139,146 | € 115,331 | € 161,714 | ▲ 40% |
| Retained profit | € 495,928 | € 1,193,087 | € 1,948,240 | ▲ 63% |
| Bank debt | € 4,366,668 | € 3,608,354 | € 2,850,004 | ▼ 21% |
| Balance sheet total | € 7,647,458 | € 7,626,993 | € 7,669,670 | ▲ 1% |
Key figures of ELPEO, fiscal years 2023 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 ELPEO?
What happened at ELPEO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Marc SCHIJVAERTS stepped down as director. NBB
- Liesbeth DEBRUYN stepped down as director. NBB
- Eddy LAMBAERTS stepped down as director. NBB
- Werner VALGAEREN stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 755,153 (▲ 8% vs 2024). Source: NBB ↗
- New establishment in Herentals. KBO
- Marc SCHIJVAERTS became a director. NBB
- Liesbeth DEBRUYN became a director. NBB
In short
From € 495,928 profit in 2023 to € 755,153 profit in 2025.
Best year ever: 2025, with € 755,153 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
The stake of ElmosGroup comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ELPEOThe shares are held by ElmosGroup (51%). It owns 100% of PEOPLEWARE itself.
Directors
According to the 2025 annual accounts
since 2022 · until 2028
Liesbeth DEBRUYN
Director
Also active at: ELMOS, Target Engineering Recruitment, Assign Holding, ElmosData, Elmos & Partners, Target IT Recruitment, ElmosExpert, ElmosGroup
since 2022 · until 2028
Eddy LAMBAERTS
Chairman of the board
Also active at: ELMOS, NETQ, Elmos Renting, EDIT CONSULT, Target Engineering Recruitment, Assign Holding, ElmosData, Elmos & Partners +5 more
since 2022 · until 2028
since 2022 · until 2028
Shareholders
51%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Saffierstraat(HRT) 5 unit 12C
2200 Herentals
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0793.803.260
- VAT number
- BE 0793.803.260
- Registered office
- Saffierstraat(HRT) 5 unit 12C, 2200 Herentals
- Names & denominations
- ELPEO · ELPE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 November 2022
- Peppol
- Active · Active since 31 Jan 2025
- Activities · NACE
Activiteiten van hoofdkantoren
Activiteiten van holdings
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Holdings
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering