Financials
Financial year 2025
ELBEFAR from Glabbeek, company number BE0877887315, closed financial year 2025 with a result of € -38,560 after tax. For that financial year ELBEFAR recorded a gross margin of € 657,882 and equity of € 1.7 million. Compared with financial year 2024, the result moved from € 55,151 to € -38,560. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.
€ 1.7 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -38,560
▼ still € 55,151 profit in 2024
Profit after tax over the fiscal year.
€ 247,993
▲ 43% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 945,403.
People and assets in 2025
7.1
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 514,604
▲ 2% vs 2024
€ 72,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 63,505
▼ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 646,525
▲ € 620,122 vs 2024
€ 92,340 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 250,188
▲ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 31,666
▼ 3% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 679,696 | € 611,776 | € 644,637 | € 657,882 | ▲ 2% |
| Profit after taxes | € 84,489 | € 46,257 | € 55,151 | € -38,560 | ▼ € 93,710 |
| Equity | € 1,643,742 | € 1,689,998 | € 1,745,149 | € 1,706,589 | ▼ 2% |
| Total debts | € 1,063,157 | € 285,944 | € 258,385 | € 928,378 | ▲ 259% |
| Cash | € 398,304 | € 312,618 | € 173,737 | € 247,993 | ▲ 43% |
| Land & buildings | € 673,400 | € 652,574 | € 631,748 | € 1,280,920 | ▲ 103% |
| Retained profit | € 882,555 | € 928,812 | € 983,962 | € 945,403 | ▼ 4% |
| Bank debt | € 641,059 | € 66,403 | € 26,403 | € 646,525 | ▲ € 620,122 |
| Balance sheet total | € 2,706,898 | € 1,975,942 | € 2,003,534 | € 2,634,968 | ▲ 32% |
| Employees (FTE) | 8.1 | 7.7 | 7.3 | 7.1 | ▼ 0.2 |
Key figures of ELBEFAR, 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 ELBEFAR?
What happened at ELBEFAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 38,560 (▼ € 93,710 vs 2024). Source: NBB ↗
- Elke Kempeneers became a director. NBB
- New establishment in Kortenaken. KBO
- New establishment in Glabbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 84,489 profit in 2022 to € 38,560 loss in 2025.
Paid € 72,741 in corporate taxes since 2022.
Best year ever: 2022, with € 84,489 profit.
On average € 92,700 of value added per employee in 2025.
Management
Behind ELBEFAR is Elke Kempeneers. Elke Kempeneers is also behind IMMOGLAB.
Directors
According to the 2025 annual accounts
since 2022
Establishments
Establishment units
Physical locations of this company
Tiensesteenweg 169
3380 Glabbeek
Grote Vreunte 60
3473 Kortenaken
Active since 1 November 2006
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
AMAZON-02 - Amazon.com, Inc., US
DNS
AWS Route 53
Website info
Features
Security
Network
Details
- Company number
- 0877.887.315
- VAT number
- BE 0877.887.315
- Registered office
- Tiensesteenweg 169, 3380 Glabbeek
- Names & denominations
- ELBEFAR
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 December 2005
- Peppol
- Active · Active since 21 Jan 2025
- Contact
- apotheekglabbeek.be
- Activities · NACE
Detailhandel in farmaceutische producten
Apothekers