Active · per the CBE, 30 October 2026

ELLIMAC DEVELOPMENT

BE0871308735

Rechtspersoon Private limited company 1 establishment

ELLIMAC DEVELOPMENT is a construction company in Waterloo. Private Limited, started on 19 January 2005, 1 establishment.

Rue de la Station 150 box A, 1410 Waterloo

Behind the company: Yves VERSTEGEN.

Active for

21 year, 9 months

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 48 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

ELLIMAC DEVELOPMENT from Waterloo, company number BE0871308735, closed financial year 2025 with a result of € -31,855 after tax. For that financial year ELLIMAC DEVELOPMENT recorded a gross margin of € -20,293 and equity of € 41,987. Compared with financial year 2024, the result moved from € 14,607 to € -31,855. The company made a loss. The buffer shrank hard: equity is 60 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on February 2, 2026.

What it is worth Shrank hard

€ 41,987

▼ 60% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -31,855

▼ still € 14,607 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 15,243

▼ 48% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 35,787.

People and assets in 2025

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 631

▼ 71% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 5 years to go

€ 23,301

€ 4,334 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 23,939

▼ 37% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 11,088

▲ € 9,016 vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 21,080 € -15,592 € 24,347 € -20,293 ▼ € 44,640
Profit after taxes € 6,130 € 23,335 € 14,607 € -31,855 ▼ € 46,462
Equity € 67,540 € 90,068 € 103,842 € 41,987 ▼ 60%
Total debts € 242,219 € 200,387 € 58,104 € 103,218 ▲ 78%
Cash € 89,454 € 60,398 € 29,281 € 15,243 ▼ 48%
Retained profit € 61,340 € 83,868 € 97,642 € 35,787 ▼ 63%
Dividend € 808 € 808 € 833 € 30,000 ▲ € 29,167
Bank debt € 10,511 € 2,179 € 0 € 23,301
Balance sheet total € 309,759 € 290,454 € 161,946 € 145,205 ▼ 10%

Key figures of ELLIMAC DEVELOPMENT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to ELLIMAC DEVELOPMENT?

What happened at ELLIMAC DEVELOPMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: loss of € 31,855 (▼ € 46,462 vs 2024). filed late Source: NBB ↗
  • Yves VERSTEGEN became a director. NBB
  • New establishment in Braine-l'Alleud. KBO
  • Start of the company according to the CBE. KBO

In short

From € 6,130 profit in 2022 to € 31,855 loss in 2025.

Paid € 4,662 in corporate taxes since 2022.

Best year ever: 2023, with € 23,335 profit.

Paid out € 32,449 in dividends to the owners in total.

Management

Yves VERSTEGEN
ELLIMAC DEVELOPMENT

Behind ELLIMAC DEVELOPMENT is Yves VERSTEGEN. Yves VERSTEGEN is also behind CAPITAL DEVELOPPEMENT IMMOBILIER.

Directors

According to the 2025 annual accounts

Yves VERSTEGEN

Director

Also active at: CAPITAL DEVELOPPEMENT IMMOBILIER

since 2016

Establishments

Establishment units

Physical locations of this company

Registered office

Rue de la Station 150 box A

1410 Waterloo

2.145.994.643

Rue Schépers 5

1420 Braine-l'Alleud

Active since 30 March 2005

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0871.308.735
VAT number
BE 0871.308.735
Registered office
Rue de la Station 150 bus A, 1410 Waterloo
Names & denominations
ELLIMAC DEVELOPMENT
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
19 January 2005
Peppol
Active · Active since 16 Feb 2026
Activities · NACE

Algemene bouw van residentiële gebouwen

Overige detailhandel in voedingsmiddelen, neg

Overige detailhandel in voedings- en genotmiddelen in gespecialiseerde winkels, n.e.g.

Overige detailhandel in voedingsmiddelen in gespecialiseerde winkels, n.e.g.

Installatie van isolatie

Overige werkzaamheden in verband met de afwerking van gebouwen

Vervaardiging van ander schrijn- en timmerwerk

Bouwrijp maken van terreinen

+1

Frequently asked questions

What does ELLIMAC DEVELOPMENT do?
ELLIMAC DEVELOPMENT is a construction company in Waterloo. Private Limited, started on 19 January 2005, 1 establishment.
What is the address of ELLIMAC DEVELOPMENT?
The registered office of ELLIMAC DEVELOPMENT is located at Rue de la Station 150 box A, 1410 Waterloo.
Is ELLIMAC DEVELOPMENT still active?
Yes. According to the CBE (30 October 2026) ELLIMAC DEVELOPMENT is active, legal situation “Normale toestand”, started on 19 January 2005.
Is ELLIMAC DEVELOPMENT registered on Peppol?
Yes, ELLIMAC DEVELOPMENT is registered on the Peppol network with ID 0208:0871308735.
What is the enterprise number of ELLIMAC DEVELOPMENT?
The enterprise number of ELLIMAC DEVELOPMENT is BE0871308735.
When was ELLIMAC DEVELOPMENT founded?
ELLIMAC DEVELOPMENT was founded on 19 January 2005.