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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ELFA from Berlare, company number BE0821756284, closed financial year 2025 with a result of € -30,955 after tax. For that financial year ELFA recorded a gross margin of € -15,888 and equity of € 12,044. Compared with financial year 2024, the result moved from € -31,403 to € -30,955. The company made a loss. The buffer shrank hard: equity is 72 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 15, 2026.
€ 12,044
▼ 72% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -30,955
▲ 1 % less loss than in 2024
Profit after tax over the fiscal year.
€ 399
▼ 65% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -6,556.
People and assets in 2025
€ 27,199
▼ 32% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 37,140
▲ 39% vs 2024
Loans from banks and other lenders, long and short.
€ 1,856
▼ 53% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 190
▼ 81% 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 | € -19,839 | € -4,024 | € -16,269 | € -15,888 | ▲ € 381 |
| Profit after taxes | € -21,907 | € -16,769 | € -31,403 | € -30,955 | ▲ € 448 |
| Equity | € 91,171 | € 74,402 | € 42,999 | € 12,044 | ▼ 72% |
| Total debts | € 4,166 | € 30,159 | € 32,298 | € 46,698 | ▲ 45% |
| Cash | € 52,422 | € 2,690 | € 1,155 | € 399 | ▼ 65% |
| Retained profit | € 72,571 | € 55,802 | € 24,399 | € -6,556 | ▼ € 30,955 |
| Bank debt | € 0 | € 25,015 | € 26,630 | € 37,140 | ▲ 39% |
| Balance sheet total | € 95,337 | € 104,561 | € 75,297 | € 58,742 | ▼ 22% |
Key figures of ELFA, 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 ELFA?
What happened at ELFA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 30,955. Source: NBB ↗
- New establishment in Berlare. KBO
- Start of the company according to the CBE. KBO
In short
From € 21,907 loss in 2022 to € 30,955 loss in 2025.
Paid € 1,043 in corporate taxes since 2022.
Management
Behind ELFA are Faldoni Elinck and An Elinck.
Directors
According to the 2025 annual accounts
Faldoni Elinck
Director
An Elinck
Director
Establishments
Establishment units
Physical locations of this company
Meerstraat(O) 7
9290 Berlare
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0821.756.284
- VAT number
- BE 0821.756.284
- Registered office
- Meerstraat(O) 7, 9290 Berlare
- Names & denominations
- ELFA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 December 2009
- Peppol
- Active · Active since 31 Jul 2025
- Activities · NACE
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