ELEM
ActiveSummary
ELEM has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.16M and a net result of €-376k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 38% of 4886 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
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Financials · fiscal year 2025, full schema
Filed annual accounts As filed with the NBB · 2025 against 2024 · 88 lines
The notes to these accounts (85 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €16.04M | €20.35M | €27.60M | €17.53M | ▼ 36.5% |
| Turnover70 | €16.15M | €15.88M | €20.24M | €27.41M | €16.89M | ▼ 38.4% |
| Other operating income74 | - | €160k | €112k | €188k | €646k | ▲ 244% |
| Non-recurring operating income76A | - | €0 | €4k | €3k | €0 | ▼ 100% |
| Operating charges60/66A | - | €16.07M | €19.80M | €26.68M | €17.47M | ▼ 34.5% |
| Goods for resale, raw materials and consumables60 | - | €10.99M | €14.14M | €17.86M | €11.29M | ▼ 36.7% |
| Purchases600/8 | - | €15.86M | €13.02M | €15.34M | €12.04M | ▼ 21.6% |
| Change in stocks: decrease (increase)609 | - | €-4.87M | €1.12M | €2.51M | €-741k | ▼ 129% |
| Services and other goods61 | - | €3.41M | €3.75M | €5.73M | €3.87M | ▼ 32.5% |
| Remuneration, social security and pensions62 | - | €1.56M | €1.68M | €2.69M | €2.02M | ▼ 24.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €124k | €136k | €126k | €238k | €178k | ▼ 25.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €-33k | €-40k | €42k | €8k | ▼ 81.4% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €-55k | €6k | €17k | €-5k | ▼ 129% |
| Other operating charges640/8 | - | €77k | €140k | €117k | €105k | ▼ 10.5% |
| Non-recurring operating charges66A | - | €0 | - | - | - | - |
| Operating profit (loss)9901 | €383k | €-29k | €551k | €921k | €64k | ▼ 93.0% |
| Financial income75/76B | - | €30k | €28k | €13k | €49k | ▲ 262% |
| Recurring financial income75 | €11k | €30k | €28k | €13k | €49k | ▲ 262% |
| Income from current assets751 | - | €0 | €1k | €2k | €894 | ▼ 62.5% |
| Other financial income752/9 | - | €30k | €27k | €11k | €48k | ▲ 331% |
| Financial charges65/66B | - | €54k | €275k | €569k | €490k | ▼ 13.9% |
| Recurring financial charges65 | €342k | €54k | €275k | €569k | €490k | ▼ 13.9% |
| Debt charges650 | €38k | €53k | €89k | €337k | €173k | ▼ 48.6% |
| Other financial charges652/9 | - | €1k | €186k | €232k | €317k | ▲ 36.5% |
| Profit (loss) for the period before taxes9903 | €52k | €-53k | €303k | €366k | €-377k | ▼ 203% |
| Income taxes67/77 | €16k | €4k | €83k | €121k | €-608 | ▼ 101% |
| Taxes670/3 | - | €4k | €84k | €121k | €3k | ▼ 97.9% |
| Tax adjustments and reversals of tax provisions77 | - | €0 | €1k | €27 | €3k | ▲ 11,398% |
| Profit (loss) for the period9904 | €36k | €-57k | €220k | €245k | €-376k | ▼ 253% |
| Profit (loss) for the period to be appropriated9905 | €36k | €-57k | €220k | €245k | €-376k | ▼ 253% |
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €10.13M | €15.47M | €14.47M | €14.77M | €12.04M | ▼ 18.5% |
| Fixed assets21/28 | €492k | €471k | €587k | €862k | €972k | ▲ 12.8% |
| Intangible fixed assets21 | €100k | €113k | €269k | €425k | €520k | ▲ 22.2% |
| Tangible fixed assets22/27 | €386k | €354k | €312k | €414k | €430k | ▲ 3.9% |
| Land and buildings22 | - | €145k | €162k | €157k | €173k | ▲ 10.1% |
| Plant, machinery and equipment23 | - | €70k | €55k | €48k | €69k | ▲ 45.3% |
| Furniture and vehicles24 | - | €135k | €93k | €76k | €77k | ▲ 1.6% |
| Leasing and similar rights25 | - | - | - | €133k | €111k | ▼ 16.4% |
| Other tangible fixed assets26 | - | €4k | €3k | €1k | €381 | ▼ 71.2% |
| Financial fixed assets28 | €5k | €5k | €5k | €23k | €23k | = |
| Other financial fixed assets284/8 | - | €5k | €5k | €23k | €23k | = |
| Amounts receivable and cash guarantees285/8 | - | €5k | €5k | €23k | €23k | = |
| Current assets29/58 | €9.63M | €15.00M | €13.88M | €13.91M | €11.07M | ▼ 20.4% |
| Stocks and contracts in progress3 | €4.35M | €9.22M | €8.10M | €5.59M | €6.33M | ▲ 13.3% |
| Stocks30/36 | - | €9.22M | €8.10M | €5.59M | €6.33M | ▲ 13.3% |
| Goods purchased for resale34 | - | €9.22M | €8.10M | €5.59M | €6.33M | ▲ 13.3% |
| Amounts receivable within one year40/41 | €3.76M | €4.95M | €4.09M | €6.28M | €3.73M | ▼ 40.6% |
| Trade receivables40 | - | €4.93M | €3.96M | €6.25M | €3.70M | ▼ 40.8% |
| Other amounts receivable41 | - | €18k | €127k | €29k | €26k | ▼ 8.4% |
| Cash at bank and in hand54/58 | €1.41M | €703k | €1.64M | €1.92M | €851k | ▼ 55.6% |
| Deferred charges and accrued income490/1 | - | €129k | €59k | €126k | €166k | ▲ 32.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €10.13M | €15.47M | €14.47M | €14.77M | €12.04M | ▼ 18.5% |
| Equity10/15 | €4.58M | €4.53M | €4.53M | €4.54M | €4.16M | ▼ 8.3% |
| Contributions10/11 | €570k | €570k | €570k | €570k | €570k | = |
| Capital10 | - | €570k | €570k | €570k | €570k | = |
| Issued capital100 | - | €570k | €570k | €570k | €570k | = |
| Reserves13 | €652k | €652k | €652k | €652k | €652k | = |
| Non-distributable reserves130/1 | - | €57k | €57k | €57k | €57k | = |
| Legal reserve130 | - | €57k | €57k | €57k | €57k | = |
| Tax-exempt reserves132 | - | €4k | €4k | €4k | €4k | = |
| Distributable reserves133 | - | €591k | €591k | €591k | €591k | = |
| Profit (loss) carried forward14 | €3.36M | €3.30M | €3.31M | €3.31M | €2.94M | ▼ 11.3% |
| Provisions and deferred taxes16 | €107k | €51k | €57k | €71k | €66k | ▼ 7.0% |
| Provisions for liabilities and charges160/5 | - | €51k | €57k | €71k | €66k | ▼ 7.0% |
| Major repairs and maintenance162 | - | €3k | €3k | €0 | - | - |
| Environmental obligations163 | - | - | - | - | €66k | - |
| Other liabilities and charges164/5 | - | €48k | €54k | €71k | - | - |
| Amounts payable17/49 | €5.43M | €10.89M | €9.88M | €10.16M | €7.82M | ▼ 23.1% |
| Amounts payable after more than one year17 | €69k | €33k | €7k | €400k | €299k | ▼ 25.2% |
| Financial debts170/4 | - | €33k | €7k | €400k | €299k | ▼ 25.2% |
| Leasing and similar obligations172 | - | - | - | €100k | €72k | ▼ 27.7% |
| Credit institutions173 | - | €33k | €7k | €300k | €227k | ▼ 24.4% |
| Amounts payable within one year42/48 | €5.35M | €10.72M | €9.77M | €9.75M | €7.50M | ▼ 23.0% |
| Current portion of amounts payable after more than one year42 | - | €37k | €26k | €114k | €123k | ▲ 8.1% |
| Financial debts43 | - | €8.44M | €5.96M | €5.40M | €5.53M | ▲ 2.3% |
| Credit institutions430/8 | - | €8.44M | €5.96M | €5.40M | €5.53M | ▲ 2.3% |
| Trade debts44 | €1.66M | €1.83M | €3.10M | €3.38M | €1.10M | ▼ 67.6% |
| Suppliers440/4 | - | €1.83M | €3.10M | €3.38M | €1.10M | ▼ 67.6% |
| Taxes, remuneration and social security45 | - | €385k | €466k | €612k | €578k | ▼ 5.7% |
| Taxes450/3 | - | €198k | €214k | €414k | €376k | ▼ 9.3% |
| Remuneration and social security454/9 | - | €187k | €251k | €198k | €202k | ▲ 1.9% |
| Other amounts payable47/48 | - | €41k | €215k | €242k | €180k | ▼ 25.7% |
| Accrued charges and deferred income492/3 | - | €137k | €107k | €14k | €14k | ▼ 0.3% |
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €36k | €-57k | €220k | €245k | €-376k | ▼ 253% |
| + Depreciation and write-downs630 | €124k | €136k | €126k | €238k | €178k | ▼ 25.2% |
| Operating cash flow (approximation) | €159k | €78k | €347k | €483k | €-198k | ▼ 141% |
| Investment in fixed assets (approximation) | - | €-115k | €-242k | - | €-288k | - |
| Change in cash | - | €-702k | €935k | - | €-1.07M | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
2 establishment units
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52048B0345/00V000 | Wallonia | 1,429 m² | - | - |
Linked by address, not proof of ownership
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