Financials
Financial year 2025
ELIMATH from Gent, company number BE0822506055, closed financial year 2025 with a result of € 915,760 after tax. For that financial year ELIMATH recorded a gross margin of € 1.3 million and equity of € 4.6 million. Compared with financial year 2024, the result moved from € 914,389 to € 915,760. 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 February 2, 2026.
€ 4.6 million
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 915,760
Profit after tax over the fiscal year.
€ 2.8 million
▲ 59% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 390,570 paid out
43 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 21,057
▼ 40% 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.
€ 1,687
▼ 71% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 55,941
▼ 44% 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 | € 1,131,664 | € 1,165,490 | € 1,340,579 | € 1,317,096 | ▼ 2% |
| Profit after taxes | € 769,275 | € 787,891 | € 914,389 | € 915,760 | |
| Equity | € 2,906,862 | € 3,405,445 | € 4,032,401 | € 4,557,592 | ▲ 13% |
| Total debts | € 62,986 | € 65,698 | € 142,204 | € 210,248 | ▲ 48% |
| Cash | € 1,523,747 | € 1,738,821 | € 1,742,911 | € 2,779,884 | ▲ 59% |
| Retained profit | € 2,888,262 | € 3,386,845 | € 4,013,801 | € 4,538,992 | ▲ 13% |
| Dividend | € 291,328 | € 289,308 | € 287,433 | € 390,570 | ▲ 36% |
| Balance sheet total | € 2,969,848 | € 3,471,143 | € 4,174,605 | € 4,767,840 | ▲ 14% |
Key figures of ELIMATH, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 3 March 2027.
What happened to ELIMATH?
What happened at ELIMATH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 915,760. Source: NBB ↗
- Elisabeth MATTHYS became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 769,275 profit in 2022 to € 915,760 profit in 2025.
Paid € 1.6 million in corporate taxes since 2022.
Best year ever: 2025, with € 915,760 profit.
Paid out € 1.3 million in dividends to the owners in total.
Management
Behind ELIMATH is Elisabeth MATTHYS. Elisabeth MATTHYS is also behind STIBBE.
Directors
According to the 2025 annual accounts
since 2023
Establishments
Establishment units
Physical locations of this company
Hutsepotstraat 135
9052 Gent
Nederzwijnaarde 19
9052 Gent
Active since 21 January 2010
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
- 0822.506.055
- VAT number
- BE 0822.506.055
- Registered office
- Hutsepotstraat 135, 9052 Gent
- Names & denominations
- ELIMATH
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 January 2010
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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