ACTIVE

Fläkt Elve

Financial year 2025 · closed on 31/12/2025
Net result
-793,9 k €
-3.9% YoY
Gross margin
-655 €
+93.8% YoY
Equity
-13,8 M €
-6.1% YoY

What does Fläkt Elve do?

Fläkt Elve is a Public limited company incorporated in 1959. Its registered office is in Zaventem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0400.858.933
Incorporation
01/09/1959
Legal form
Public limited company
Registered office
Da Vincilaan 2
1930 Zaventem · FlandreSee on map
Contributed capital
2 570 155,00 €
Latest accounts
31/12/2025
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin-655 €-10,6 k €-164 €2,9 k €1,6 k €-3,5 k €168,4 k €157,4 k €
EBITDA-655 €-34,3 k €-1,9 k €-3 k €1,5 k €-287,4 k €-154 k €-166,7 k €-118,3 k €-168 k €-152,7 k €-130,1 k €-117,5 k €-80,8 k €-122,7 k €-125 k €-109,7 k €-161,2 k €-55,5 k €387,2 k €
Operating result-655 €-34,3 k €-1,9 k €-3 k €1,5 k €-287,4 k €-154 k €-166,7 k €-118,3 k €-168 k €-152,7 k €-130,1 k €-117,7 k €-81 k €-122,9 k €-125,5 k €-113,2 k €-165,1 k €-59,8 k €382,9 k €
Net result-793,9 k €-764 k €-524,8 k €-227,1 k €-217,5 k €-509,3 k €-377,7 k €-383,5 k €-329,5 k €-391,3 k €-383,8 k €-368,9 k €-341,6 k €-353,7 k €-369,8 k €-340,2 k €-469,8 k €-530,8 k €-419,8 k €98,1 k €
Balance sheet
Equity-13,8 M €-13 M €-12,2 M €-11,7 M €-11,5 M €-11,2 M €-10,7 M €-10,3 M €-10 M €-9,6 M €-9,2 M €-8,9 M €-8,5 M €-8,1 M €-7,8 M €-7,4 M €-7,1 M €-6,6 M €-6,1 M €-5,7 M €
Total assets1,4 k €2 k €32,2 k €33,9 k €45,4 k €21,1 k €118,5 k €101,8 k €102,4 k €92,6 k €80,7 k €110,4 k €55,7 k €73,1 k €65,2 k €94,5 k €239,8 k €219,3 k €158,2 k €695,1 k €
Cash1,4 k €2 k €18,2 k €20,3 k €19,7 k €10,4 k €39,6 k €5,7 k €15,8 k €24,1 k €31 k €13,9 k €36,9 k €40,7 k €61,1 k €34,7 k €31,4 k €45,1 k €5,3 k €
Debts13,8 M €13 M €12,2 M €11,7 M €11,5 M €11,3 M €10,8 M €10,4 M €10,1 M €9,7 M €9,3 M €9 M €8,5 M €8,2 M €7,9 M €7,5 M €7,3 M €6,8 M €6,2 M €6,3 M €
Other
Workforce7,0 ETP7,0 ETP7,0 ETP7,0 ETP6,9 ETP5,9 ETP7,9 ETP8,0 ETP9,5 ETP9,5 ETP10,4 ETP11,9 ETP
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 24 ended

Active mandates

Stéphane Maravel

Managing director · since 03 janvier 2025

Active
Bart Vandenberghe

Director · since 08 juillet 2024

Active

Ended mandates

Jacques ECTORS

Director · since 01 décembre 2019

Ended
Jacques ECTORS

Managing director · since 01 décembre 2019

Ended
Michael Bauer

Director · since 04 mars 2019 · until 04 mars 2025

Ended
Michael Heinrich BAUER

Director · since 04 mars 2019 · until 04 mars 2025

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date21/09/202629/09/202512/08/202426/09/202327/07/202228/07/2021
General meeting21/09/202617/09/202515/05/202417/05/202318/05/202219/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202521/09/202621/09/2026DutchPDF
Micro model31/12/202417/09/202529/09/2025DutchPDF
Micro model31/12/202315/05/202412/08/2024DutchPDF
Micro model31/12/202217/05/202326/09/2023DutchPDF
Micro model31/12/202118/05/202227/07/2022DutchPDF
Micro model31/12/202019/04/202128/07/2021DutchPDF
Micro model31/12/201920/04/202028/07/2020DutchPDF
Micro model31/12/201815/04/201927/05/2019DutchPDF
Full model31/12/201716/04/201810/08/2018DutchPDF
Full model31/12/201618/04/201722/08/2017DutchPDF
Full model31/12/201518/04/201630/06/2016DutchPDF
Full model31/12/201420/04/201526/05/2015DutchPDF
Full model31/12/201322/04/201423/06/2014DutchPDF
Full model31/12/201215/04/201313/05/2013DutchPDF
Full model31/12/201116/04/201211/06/2012DutchPDF
Full model31/12/201018/04/201130/08/2011DutchPDF
Full model31/12/200930/04/201028/05/2010DutchPDF
Full model31/12/200820/04/200919/05/2009DutchPDF
Full model31/12/200730/06/200816/07/2008DutchPDF
Full model31/12/200607/05/200712/07/2007DutchPDF
Full model31/12/200517/04/200601/02/2007DutchPDF
Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 24 ended

Active mandates

Stéphane Maravel

Managing director · since 03 janvier 2025

Active
Bart Vandenberghe

Director · since 08 juillet 2024

Active

Ended mandates

Jacques ECTORS

Director · since 01 décembre 2019

Ended
Jacques ECTORS

Managing director · since 01 décembre 2019

Ended
Michael Bauer

Director · since 04 mars 2019 · until 04 mars 2025

Ended
Michael Heinrich BAUER

Director · since 04 mars 2019 · until 04 mars 2025

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates15/12/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - DIVERSEN - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/01/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/10/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office07/01/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates29/04/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/05/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/05/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/01/2018
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-793,9 k €
  2. 2024
    Annual accounts 2024-764 k €
  3. 2023
    Annual accounts 2023-524,8 k €
  4. 2022
    Annual accounts 2022-227,1 k €
  5. 2021
    Annual accounts 2021-217,5 k €
  6. 2020
    Annual accounts 2020-509,3 k €
  7. 2019
    Annual accounts 2019-377,7 k €
  8. 2018
    Annual accounts 2018-383,5 k €
  9. 2017
    Annual accounts 2017-329,5 k €
  10. 2016
    Annual accounts 2016-391,3 k €
  11. 2015
    Annual accounts 2015-383,8 k €
  12. 2014
    Annual accounts 2014-368,9 k €
  13. 2013
    Annual accounts 2013-341,6 k €
  14. 2012
    Annual accounts 2012-353,7 k €
  15. 2011
    Annual accounts 2011-369,8 k €
  16. 2010
    Annual accounts 2010-340,2 k €
  17. 2009
    Annual accounts 2009-469,8 k €
  18. 2008
    Annual accounts 2008-530,8 k €
  19. 2007
    Annual accounts 2007-419,8 k €
  20. 2006
    Annual accounts 200698,1 k €
  21. 01/09/1959
    IncorporationPublic limited company