Financials
Financial year 2025
ELMATI from Grobbendonk, company number BE0895072250, closed financial year 2025 with a result of € -19,060 after tax. For that financial year ELMATI recorded a gross margin of € 66,114 and equity of € 34,874. Compared with financial year 2024, the result moved from € 10,613 to € -19,060. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 22, 2026.
€ 34,874
▼ 35% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -19,060
▼ still € 10,613 profit in 2024
Profit after tax over the fiscal year.
€ 9,837
▼ 74% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -83,726.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 63,421
▼ 16% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 270,665
▼ 9% vs 2024
€ 27,946 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 3,358
▲ € 3,327 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,699
▼ 48% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 56,596 | € 75,577 | € 85,654 | € 66,114 | ▼ 23% |
| Profit after taxes | € -16,396 | € 11,149 | € 10,613 | € -19,060 | ▼ € 29,672 |
| Equity | € 32,172 | € 43,321 | € 53,934 | € 34,874 | ▼ 35% |
| Total debts | € 344,723 | € 320,246 | € 317,794 | € 287,368 | ▼ 10% |
| Cash | € 23,125 | € 50,523 | € 37,767 | € 9,837 | ▼ 74% |
| Land & buildings | € 295,291 | € 255,102 | € 215,185 | € 205,662 | ▼ 4% |
| Retained profit | € -86,428 | € -75,279 | € -64,666 | € -83,726 | ▼ € 19,060 |
| Bank debt | € 331,327 | € 306,415 | € 297,644 | € 270,665 | ▼ 9% |
| Balance sheet total | € 376,895 | € 363,568 | € 371,728 | € 322,242 | ▼ 13% |
Key figures of ELMATI, 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 ELMATI?
What happened at ELMATI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 19,060 (▼ € 29,672 vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Grobbendonk. KBO
In short
From € 16,396 loss in 2022 to € 19,060 loss in 2025.
Paid € 665 in corporate taxes since 2022.
Best year ever: 2023, with € 11,149 profit.
Management
Behind ELMATI is Luk Gielen.
Directors
According to the 2025 annual accounts
Luk Gielen
Director
Establishments
Establishment units
Physical locations of this company
Essenweg 3
2280 Grobbendonk
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0895.072.250
- VAT number
- BE 0895.072.250
- Registered office
- Essenweg 3, 2280 Grobbendonk
- Names & denominations
- ELMATI
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 January 2008
- Peppol
- Active · Active since 30 Aug 2023
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