ACTIVE

ELIS BELGIUM

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Financial year 2025 · Closed on 31/12/2025

Net result2,8 M €+1 014,0 %over 1 year

Revenue33,5 M €+2,2 %over 1 year

Equity25,4 M €+12,4 %over 1 year

Workforce292,8 ETP-0,7 %over 1 year

Identity

Source · BCE/KBO

ELIS BELGIUM is a Public limited company incorporated in 1968. Its registered office is in Anderlecht. It employs on average 292,8 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0402.079.450
Incorporation: 01/01/1968
Legal form: Public limited company
Registered office: Boulevard Industriel 145
1070 Anderlecht · BruxellesSee on map
Contributed capital: 8 495 984,00 €
Latest accounts: 31/12/2025
Average workforce: 292,8 ETP

Joint committees (3)

Contacts

2 public details availableLog in to view

Signals

ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 24 filings

Trend over 11 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	33,5 M €	+2.2%	32,7 M €	+4.6%	31,3 M €	+17.0%	26,8 M €	+8.3%	24,7 M €
EBITDA	7,3 M €	-8.7%	8 M €	+8.2%	7,4 M €	+8.4%	6,8 M €	+7.4%	6,3 M €
Operating result	1,3 M €	-42.9%	2,3 M €	+22.6%	1,9 M €	-14.9%	2,2 M €	-4.2%	2,3 M €
Net result	2,8 M €	+1014%	250,2 k €	-12.0%	284,4 k €	-76.6%	1,2 M €	-21.0%	1,5 M €
Balance sheet
Equity	25,4 M €	+12.4%	22,6 M €	+1.1%	22,3 M €	+1.3%	22 M €	+5.9%	20,8 M €
Total assets	68,2 M €	+14.8%	59,4 M €	+3.9%	57,2 M €	+5.2%	54,3 M €	+1.3%	53,6 M €
Cash	425,1 k €	+62.3%	261,9 k €	+35.8%	192,8 k €	-60.4%	487 k €	+9.2%	446 k €
Debts	41 M €	+15.8%	35,4 M €	+6.1%	33,3 M €	+8.1%	30,8 M €	-1.9%	31,4 M €
Other
Workforce	292,8 ETP	-0.7%	294,9 ETP	-0.2%	295,5 ETP	+14.8%	257,3 ETP	-0.1%	257,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 35 ended

Active mandates

Anne BAILLY-DUPAS

Director · since 13 juin 2022 · until 30 mars 2026

Active

Louis GUYOT

Director · since 08 juin 2020 · until 18 juin 2026

Active

Etienne DEMOITIE

Managing director · since 03 juin 2020 · until 18 juin 2026

Active

Ended mandates

Anne BAILLY-DUPAS

Director · since 13 juin 2022 · until 09 juin 2025

Ended

Anne BAILLY-DUPAS

Director · since 13 juin 2022 · until 19 juin 2025

Ended

Johanna PERSSON

Director · since 14 juin 2021 · until 21 juin 2022

Ended

Johanna PERSSON

Director · since 14 juin 2021 · until 10 juin 2024

Ended

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Consolidated accounts
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	23/06/2026	25/06/2025	28/06/2024	21/06/2023	27/06/2022	29/06/2021
General meeting	18/06/2026	19/06/2025	20/06/2024	15/06/2023	13/06/2022	20/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 24 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	18/06/2026	23/06/2026	French	PDF
Full model	31/12/2024	19/06/2025	25/06/2025	French	PDF
Full model	31/12/2023	20/06/2024	28/06/2024	French	PDF
Full model	31/12/2022	15/06/2023	21/06/2023	French	PDF
Consolidated accounts	31/12/2022	25/05/2023	12/06/2024	French	PDF
Full model	31/12/2021	13/06/2022	27/06/2022	French	PDF
Consolidated accounts	31/12/2021	19/05/2022	28/06/2022	French	PDF
Full model	31/12/2020	14/06/2021	28/06/2021	French	PDF
Consolidated accounts	31/12/2020	20/05/2021	29/06/2021	French	PDF
Full model	31/12/2019	07/09/2020	18/09/2020	French	PDF
Full model	31/12/2018	11/06/2019	25/06/2019	French	PDF
Full model	31/12/2017	11/06/2018	20/06/2018	French	PDF
Full model	31/12/2016	12/06/2017	27/06/2017	French	PDF
Full model	31/12/2015	13/06/2016	11/07/2016	French	PDF
Full model	31/12/2014	08/06/2015	16/06/2015	French	PDF
Full model	31/12/2013	10/06/2014	17/06/2014	French	PDF
Full model	31/12/2012	10/06/2013	20/06/2013	French	PDF
Full modelCorrection	31/12/2011	11/06/2012	20/12/2012	French	PDF
Full model	31/12/2011	11/06/2012	18/07/2012	French	PDF
Full model	31/12/2010	14/06/2011	15/07/2011	French	PDF
Full model	31/12/2009	14/06/2010	28/06/2010	French	PDF
Full model	31/12/2008	08/06/2009	19/06/2009	French	PDF
Full model	29/02/2008	14/07/2008	08/08/2008	French	PDF
Full model	28/02/2007	09/07/2007	17/07/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 M€

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 35 ended

Active mandates

Anne BAILLY-DUPAS

Director · since 13 juin 2022 · until 30 mars 2026

Active

Louis GUYOT

Director · since 08 juin 2020 · until 18 juin 2026

Active

Etienne DEMOITIE

Managing director · since 03 juin 2020 · until 18 juin 2026

Active

Ended mandates

Anne BAILLY-DUPAS

Director · since 13 juin 2022 · until 09 juin 2025

Ended

Anne BAILLY-DUPAS

Director · since 13 juin 2022 · until 19 juin 2025

Ended

Johanna PERSSON

Director · since 14 juin 2021 · until 21 juin 2022

Ended

Johanna PERSSON

Director · since 14 juin 2021 · until 10 juin 2024

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates15/07/2026
DEMISSIONS, NOMINATIONS
PDF
Other01/07/2026
—
PDF
Restructuring22/05/2026
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...) - CAPITAL, ACTIONS
PDF
Restructuring22/05/2026
CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates11/05/2026
DEMISSIONS, NOMINATIONS
PDF
Restructuring09/04/2026
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring24/03/2026
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring05/03/2026
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF

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

See the Business plan

Timeline

30/04/2026
dissolution
2025
Annual accounts 20252,8 M €↑
19/06/2025
reconductionAnne BAILLY-DUPAS — administrateur
19/06/2025
nominationPhilippe Gossart — commissaire
03/03/2025
nominationAntonino Gioacchino DI GIOVANNI — délégué à la gestion journalière
2024
Annual accounts 2024250,2 k €↓
2023
Annual accounts 2023284,4 k €↓
15/06/2023
reconductionLouis GUYOT — administrateur
15/06/2023
reconductionEtienne DEMOITIÉ — administrateur
10/01/2023
nominationCélia KAUT — Directrice administrative et financière
2022
Annual accounts 20221,2 M €↓
18/06/2022
reconductionAnne BAILLY-DUPAS — administrateur
18/06/2022
nominationPhilippe Gossart — Commissaire
2021
Annual accounts 20211,5 M €↑
2021
Name changeELIS BELGIUM
2011
Annual accounts 20111,3 M €↑
2010
Annual accounts 20101,2 M €↓
2009
Annual accounts 20091,9 M €↑
2008
Annual accounts 20081,3 M €↓
2008
Annual accounts 20081,5 M €↓
2007
Annual accounts 20073,3 M €
2007
Name changeHades
01/01/1968
IncorporationPublic limited company

ELIS BELGIUM

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline