ACTIVE

WM Elan

Export PDF
Financial year 2025 · closed on 31/12/2025
Net result
1,7 M €
+232.0% YoY
Revenue
11 M €
+10.9% YoY
Equity
40,3 M €
+4.5% YoY
Workforce
26,8 ETP
+19.1% YoY

What does WM Elan do?

WM Elan is a Private limited company incorporated in 1923. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Zwevegem. It employs on average 26,8 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0405.412.092
Incorporation
14/01/1923
Legal form
Private limited company
Registered office
Kortrijkstraat(Z) 117
8550 Zwevegem · FlandreSee on map
Contributed capital
20 501,73 €
Latest accounts
31/12/2025
Average workforce
26,8 ETP
Activities (NACE)
68202Rental and operating of own or leased real estate· main68202Rental and operating of own or leased real estate70202Management consultancy activities68203Rental and operating of own or leased real estate68203Rental and operating of own or leased real estate
Joint committees (2)
  • 339
  • 33901
Contacts
2 public details availableLog in to view
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202220212020201920182017201620152014201320122011201020092008
Income statement
Revenue11 M €9,9 M €5,7 M €5,6 M €5,7 M €5,2 M €5,1 M €5,3 M €5 M €5,1 M €5 M €4,9 M €4,9 M €4,6 M €4,5 M €4,5 M €4,2 M €
EBITDA6,2 M €5,4 M €3,6 M €3,3 M €3 M €4,2 M €3,5 M €3,3 M €3,2 M €3 M €3,1 M €2,6 M €2 M €2,7 M €2,9 M €2,8 M €2,6 M €
Operating result1,7 M €759,6 k €1,6 M €2,1 M €1,1 M €2,4 M €1,8 M €1,6 M €1,5 M €1,4 M €1,5 M €1,1 M €503,6 k €1,2 M €1,4 M €1,3 M €1,2 M €
Net result1,7 M €499,3 k €1,2 M €1,6 M €537,2 k €1,9 M €1,1 M €1 M €910,4 k €1,3 M €1,1 M €915,7 k €947,9 k €775,5 k €826,3 k €881,2 k €993,3 k €
Balance sheet
Equity40,3 M €38,6 M €26,9 M €25,8 M €24,1 M €23,6 M €21,8 M €20,6 M €19,7 M €18,8 M €17,5 M €16,4 M €15,5 M €14,6 M €13,8 M €13 M €12,1 M €
Total assets179,4 M €168,7 M €95,6 M €88 M €80 M €74,4 M €68,7 M €64,8 M €63,7 M €62,9 M €61,4 M €58 M €56 M €53 M €51,5 M €51,2 M €50,8 M €
Cash9,9 M €25,6 M €14,4 M €13,3 M €14,4 M €11,9 M €10,2 M €9,7 M €10,1 M €10,2 M €9,6 M €8,7 M €6,3 M €5,1 M €3,4 M €2,8 M €2,3 M €
Debts136,3 M €127,2 M €67,3 M €60,8 M €53,9 M €48,8 M €44,5 M €42,3 M €42,2 M €42,7 M €42,4 M €39,9 M €38,6 M €37,5 M €36,8 M €37,3 M €37,7 M €
Other
Workforce26,8 ETP22,5 ETP13,2 ETP11,8 ETP12,4 ETP13,3 ETP13,4 ETP13,4 ETP12,0 ETP10,3 ETP9,8 ETP10,3 ETP10,9 ETP7,5 ETP7,7 ETP7,6 ETP7,7 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 16 active · 125 ended

Active mandates

Ann Derycke

Director · since 03 juin 2025 · until 03 mai 2031

Active
Barbara Demeulenaere

Director · since 03 juin 2025 · until 03 mai 2031

Active
Carine Debrouwere

Director · since 03 juin 2025 · until 03 mai 2031

Active
Erwin Bossuyt

Chairman of the board of directors · since 03 juin 2025 · until 03 mai 2031

Active
Eveline Van Haverbeke

Vice-chairman of the board of directors · since 03 juin 2025 · until 03 mai 2031

Active
Evelyn Decruyenaere

Director · since 03 juin 2025 · until 03 mai 2031

Active
Filip D'hont

Director · since 03 juin 2025 · until 03 mai 2031

Active
Hilde Dendauw

Director · since 03 juin 2025 · until 03 mai 2031

Active
Jeroen Dujardin

Director · since 03 juin 2025 · until 03 mai 2031

Active
Marc Plets

Director · since 03 juin 2025 · until 03 mai 2031

Active
Michaël Desmet

Director · since 03 juin 2025 · until 03 mai 2031

Active
Tim Verthé

Director · since 03 juin 2025 · until 03 mai 2031

Active
Trees Vandeputte

Director · since 03 juin 2025 · until 03 mai 2031

Active
Vincent Colpaert

Director · since 03 juin 2025 · until 03 mai 2031

Active
Willy Glorieux

Director · since 03 juin 2025 · until 03 mai 2031

Active
Nele ROOBROUCK

Chairman of the board of directors · since 25 avril 2019 · until 03 juin 2025

Active

Ended mandates

Ann MESSELIER

Director · since 02 mai 2023 · until 03 juin 2025

Ended
Corry DELTOUR

Director · since 02 mai 2023 · until 03 juin 2025

Ended
Jents DEBRUYNE

Director · since 02 mai 2023 · until 03 juin 2025

Ended
Jeroen DUJARDIN

Vice-chairman of the board of directors · since 02 mai 2023 · until 03 juin 2025

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date04/06/202611/06/202504/07/202428/04/202320/06/202219/08/2021
General meeting02/06/202603/06/202504/06/202417/04/202313/06/202207/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

22 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202502/06/202604/06/2026DutchPDF
Full model31/12/202403/06/202511/06/2025DutchPDF
Full model31/12/202304/06/202404/07/2024DutchPDF
Full model31/12/202217/04/202328/04/2023DutchPDF
Full model31/12/202113/06/202220/06/2022DutchPDF
Full modelCorrection31/12/202007/06/202119/08/2021DutchPDF
Full model31/12/202007/06/202114/06/2021DutchPDF
Full modelCorrection31/12/201908/06/202014/01/2021DutchPDF
Full model31/12/201908/06/202010/06/2020DutchPDF
Full model31/12/201803/06/201904/06/2019DutchPDF
Full model31/12/201704/06/201805/06/2018DutchPDF
Full model31/12/201612/06/201715/06/2017DutchPDF
Full model31/12/201506/06/201607/06/2016DutchPDF
Full model31/12/201401/06/201504/06/2015DutchPDF
Full model31/12/201302/06/201403/06/2014DutchPDF
Full model31/12/201203/06/201304/06/2013DutchPDF
Full model31/12/201104/06/201205/06/2012DutchPDF
Full model31/12/201006/06/201107/06/2011DutchPDF
Full model31/12/200907/06/201008/06/2010DutchPDF
Full model31/12/200808/06/200909/06/2009DutchPDF
Full model31/12/200702/06/200805/06/2008DutchPDF
Full model31/12/200604/06/200714/06/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 16 active · 125 ended

Active mandates

Ann Derycke

Director · since 03 juin 2025 · until 03 mai 2031

Active
Barbara Demeulenaere

Director · since 03 juin 2025 · until 03 mai 2031

Active
Carine Debrouwere

Director · since 03 juin 2025 · until 03 mai 2031

Active
Erwin Bossuyt

Chairman of the board of directors · since 03 juin 2025 · until 03 mai 2031

Active
Eveline Van Haverbeke

Vice-chairman of the board of directors · since 03 juin 2025 · until 03 mai 2031

Active
Evelyn Decruyenaere

Director · since 03 juin 2025 · until 03 mai 2031

Active
Filip D'hont

Director · since 03 juin 2025 · until 03 mai 2031

Active
Hilde Dendauw

Director · since 03 juin 2025 · until 03 mai 2031

Active
Jeroen Dujardin

Director · since 03 juin 2025 · until 03 mai 2031

Active
Marc Plets

Director · since 03 juin 2025 · until 03 mai 2031

Active
Michaël Desmet

Director · since 03 juin 2025 · until 03 mai 2031

Active
Tim Verthé

Director · since 03 juin 2025 · until 03 mai 2031

Active
Trees Vandeputte

Director · since 03 juin 2025 · until 03 mai 2031

Active
Vincent Colpaert

Director · since 03 juin 2025 · until 03 mai 2031

Active
Willy Glorieux

Director · since 03 juin 2025 · until 03 mai 2031

Active
Nele ROOBROUCK

Chairman of the board of directors · since 25 avril 2019 · until 03 juin 2025

Active

Ended mandates

Ann MESSELIER

Director · since 02 mai 2023 · until 03 juin 2025

Ended
Corry DELTOUR

Director · since 02 mai 2023 · until 03 juin 2025

Ended
Jents DEBRUYNE

Director · since 02 mai 2023 · until 03 juin 2025

Ended
Jeroen DUJARDIN

Vice-chairman of the board of directors · since 02 mai 2023 · until 03 juin 2025

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Capital / shares19/12/2025
    KAPITAAL - AANDELEN
    PDF
  • Restructuring14/07/2025
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates18/06/2025
    DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring28/04/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Capital / shares10/12/2024
    KAPITAAL - AANDELEN
    PDF
  • Mandates10/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring23/01/2024
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring23/01/2024
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    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 20251,7 M €↑
  2. 19/11/2025
    reduction_capital
  3. 30/06/2025
    split
  4. 12/06/2025
    nominationBossuyt Erwin — voorzitter van de raad van bestuur
  5. 12/06/2025
    nominationVan Haverbeke Eveline — ondervoorzitter
  6. 03/06/2025
    nominationDemeulenaere Barbara — bestuurder
  7. 03/06/2025
    nominationDecruyenaere Evelyn — bestuurder
  8. 03/06/2025
    nominationDesmet Michaël — bestuurder
  9. 03/06/2025
    nominationVerthé Tim — bestuurder
  10. 03/06/2025
    nominationDendauw Hilde — bestuurder
  11. 03/06/2025
    nominationBossuyt Erwin — bestuurder
  12. 03/06/2025
    nominationColpaert Vincent — bestuurder
  13. 03/06/2025
    nominationD'hont Filip — bestuurder
  14. 03/06/2025
    nominationPlets Marc — bestuurder
  15. 03/06/2025
    nominationDebrouwere Carine — bestuurder
  16. 03/06/2025
    nominationDujardin Jeroen — bestuurder
  17. 03/06/2025
    nominationVan Haverbeke Eveline — bestuurder
  18. 03/06/2025
    nominationDerycke Ann — bestuurder
  19. 03/06/2025
    nominationVandeputte Trees — bestuurder
  20. 03/06/2025
    nominationGlorieux Willy — bestuurder
  21. 2024
    Annual accounts 2024499,3 k €↓
  22. 07/11/2024
    reduction_capital
  23. 2024
    Name changeWM Elan
  24. 17/04/2023
    nominationCVBA Vandelanotte Bedrijfsrevisoren (thans NV Callens Vandelanotte) — commissaris
  25. 2022
    Annual accounts 20221,2 M €↓
  26. 2021
    Annual accounts 20211,6 M €↑
  27. 2021
    Name changeEIGEN HAARD
  28. 2020
    Annual accounts 2020537,2 k €↓
  29. 2019
    Annual accounts 20191,9 M €↑
  30. 2018
    Annual accounts 20181,1 M €↑
  31. 2017
    Annual accounts 20171 M €↑
  32. 2016
    Annual accounts 2016910,4 k €↓
  33. 2015
    Annual accounts 20151,3 M €↑
  34. 2014
    Annual accounts 20141,1 M €↑
  35. 2013
    Annual accounts 2013915,7 k €↓
  36. 2012
    Annual accounts 2012947,9 k €↑
  37. 2011
    Annual accounts 2011775,5 k €↓
  38. 2010
    Annual accounts 2010826,3 k €↓
  39. 2009
    Annual accounts 2009881,2 k €↓
  40. 2008
    Annual accounts 2008993,3 k €
  41. 14/01/1923
    IncorporationPrivate limited company