ACTIVE

Elegast

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Financial year 2025 · closed on 31/12/2025

Net result

169,6 k €

-54.2% YoY

Equity

11,2 M €

+1.5% YoY

Workforce

191,6 ETP

-4.6% YoY

What does Elegast do?

Elegast is a Non-profit organization incorporated in 1956. Its main activity is: General secondary education. Its registered office is in Antwerpen. It employs on average 191,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0410.412.146

Incorporation

12/05/1956

Legal form

Non-profit organization

Registered office

Belgiëlei 203
2018 Antwerpen · FlandreSee on map

Latest accounts

31/12/2025

Average workforce

191,6 ETP

Activities (NACE)

85313General secondary education· main 87901Other residential care activities 87991Other residential care activities

Joint committees (2)

319
319.01

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2017		2016		2015		2014		2013		2011		2010		2009		2008
Income statement
EBITDA	460,7 k €	+6.7%	431,6 k €	+39.7%	308,9 k €	-43.4%	545,7 k €	+102%	270,1 k €	-70.6%	919,6 k €	-0.5%	924,7 k €	+111%	437,5 k €	-37.9%	704,7 k €	-22.9%	913,9 k €	+144%	374,1 k €	-22.8%	484,8 k €	-9.4%	534,8 k €	-35.3%	827,2 k €	+124%	368,5 k €	+67.2%	220,5 k €
Operating result	200,1 k €	+27.4%	157 k €	+375%	33 k €	-85.9%	234,3 k €	+1489%	-16,9 k €	-103%	658,1 k €	+3.7%	634,6 k €	+331%	147,2 k €	-65.4%	425 k €	-30.1%	607,7 k €	+423%	116,1 k €	-43.8%	206,8 k €	-24.8%	274,9 k €	-52.4%	577,7 k €	+231%	174,4 k €	+116%	80,9 k €
Net result	169,6 k €	-54.2%	370,1 k €	+106%	179,3 k €	-27.5%	247,4 k €	+6289%	-4 k €	-101%	672,4 k €	-69.0%	2,2 M €	+1253%	160,5 k €	-62.1%	423 k €	-45.2%	771,9 k €	+596%	110,9 k €	-30.8%	160,3 k €	-33.9%	242,4 k €	-49.9%	484,1 k €	+96.6%	246,2 k €	+663%	32,3 k €
Balance sheet
Equity	11,2 M €	+1.5%	11 M €	+3.3%	10,7 M €	+1.3%	10,5 M €	+2.4%	10,3 M €	+2.8%	10 M €	+6.9%	9,4 M €	+100%	4,7 M €	+3.4%	4,5 M €	+15.8%	3,9 M €	+23.8%	3,2 M €	+2.6%	3,1 M €	+11.2%	2,8 M €	+8.0%	2,6 M €	+34.4%	1,9 M €	+42.4%	1,3 M €
Total assets	20,3 M €	+48.0%	13,7 M €	+1.0%	13,6 M €	+4.1%	13 M €	+4.1%	12,5 M €	-0.8%	12,6 M €	+7.4%	11,7 M €	+108%	5,6 M €	+1.1%	5,6 M €	+14.3%	4,9 M €	+15.9%	4,2 M €	+4.3%	4 M €	-14.3%	4,7 M €	+0.5%	4,7 M €	+19.8%	3,9 M €	+8.0%	3,6 M €
Cash	7,5 M €	-5.5%	8 M €	+2.5%	7,8 M €	+6.9%	7,3 M €	-1.1%	7,4 M €	-9.0%	8,1 M €	+11.8%	7,2 M €	+344%	1,6 M €	-14.0%	1,9 M €	+44.7%	1,3 M €	+72.7%	758,3 k €	+43.4%	528,7 k €	-53.5%	1,1 M €	+6.7%	1,1 M €	+63.2%	653,4 k €	+48.4%	440,2 k €
Debts	8,8 M €	+278%	2,3 M €	-9.4%	2,6 M €	+18.2%	2,2 M €	+12.3%	1,9 M €	-13.7%	2,2 M €	+16.3%	1,9 M €	+153%	761,7 k €	-11.4%	859,3 k €	+17.3%	732,6 k €	-14.3%	855,3 k €	-1.7%	869,9 k €	-54.4%	1,9 M €	-6.0%	2 M €	+6.3%	1,9 M €	-1.2%	1,9 M €
Other
Workforce	191,6 ETP	-4.6%	200,8 ETP	-1.8%	204,5 ETP	+10.2%	185,5 ETP	+7.4%	172,7 ETP	+4.8%	164,8 ETP	+3.8%	158,7 ETP	+138%	66,8 ETP	+6.5%	62,7 ETP	+4.0%	60,3 ETP	+10.6%	54,5 ETP	-4.2%	56,9 ETP	+10.3%	51,6 ETP	+11.0%	46,5 ETP	+3.3%	45,0 ETP	+3.7%	43,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 7 active · 40 ended

Active mandates

Marc de Lint

Director · since 06 décembre 2025 · until 06 décembre 2029

Active

Nicole Van Houtven

Director · since 06 décembre 2025 · until 06 décembre 2029

Active

Jan Braeckmans

Director · since 10 juin 2024 · until 31 décembre 2028

Active

Jan De Koninck

Managing director · since 10 juin 2024 · until 31 décembre 2028

Active

Hubert Vandueren

Director · since 11 décembre 2023 · until 11 décembre 2027

Active

Eric Avonts

Chairman of the board of directors · since 12 décembre 2022 · until 12 décembre 2026

Active

Hugo Pietermans

Director · since 20 juin 2022 · until 20 juin 2026

Active

Ended mandates

Eric Avonts

Director · since 12 décembre 2022 · until 12 décembre 2026

Ended

Hugo Pietermans

Director · since 20 juin 2022 · until 08 juin 2026

Ended

Hubert Vandueren

Director · since 06 décembre 2021 · until 06 décembre 2023

Ended

Hubert Vandueren

Director · since 06 décembre 2021 · until 06 décembre 2027

Ended

At this address

Other companies at this address

Company	CBE no.
Huize Hadewych● Liquidation	0428.004.580
ROZAPOL - ELEGAST● Active	0890.839.288

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
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	09/06/2026	01/07/2025	26/06/2024	22/06/2023	27/06/2022	24/06/2021
General meeting	08/06/2026	16/06/2025	10/06/2024	12/06/2023	20/06/2022	07/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	08/06/2026	09/06/2026	Dutch	PDF
Full model	31/12/2024	16/06/2025	01/07/2025	Dutch	PDF
Full model	31/12/2023	10/06/2024	26/06/2024	Dutch	PDF
Full model	31/12/2022	12/06/2023	22/06/2023	Dutch	PDF
Full model	31/12/2021	20/06/2022	27/06/2022	Dutch	PDF
Full model	31/12/2020	07/06/2021	24/06/2021	Dutch	PDF
Full model	31/12/2019	15/06/2020	29/06/2020	Dutch	PDF
Full model	31/12/2018	03/06/2019	20/06/2019	Dutch	PDF
Full model	31/12/2017	13/06/2018	20/06/2018	Dutch	PDF
Full model	31/12/2016	12/06/2017	26/06/2017	Dutch	PDF
Full model	31/12/2015	06/06/2016	28/06/2016	Dutch	PDF
Full model	31/12/2014	01/06/2015	22/06/2015	Dutch	PDF
Full model	31/12/2013	02/06/2014	12/06/2014	Dutch	PDF
Full model	31/12/2012	03/06/2013	04/07/2013	Dutch	PDF
Full model	31/12/2011	18/06/2012	25/06/2012	Dutch	PDF
Full model	31/12/2010	09/05/2011	20/05/2011	Dutch	PDF
Full model	31/12/2009	07/06/2010	14/06/2010	Dutch	PDF
Full model	31/12/2008	18/05/2009	25/05/2009	Dutch	PDF
Full model	31/12/2007	02/06/2008	26/06/2008	Dutch	PDF
Full model	31/12/2006	21/05/2007	14/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 7 active · 40 ended

Active mandates

Marc de Lint

Director · since 06 décembre 2025 · until 06 décembre 2029

Active

Nicole Van Houtven

Director · since 06 décembre 2025 · until 06 décembre 2029

Active

Jan Braeckmans

Director · since 10 juin 2024 · until 31 décembre 2028

Active

Jan De Koninck

Managing director · since 10 juin 2024 · until 31 décembre 2028

Active

Hubert Vandueren

Director · since 11 décembre 2023 · until 11 décembre 2027

Active

Eric Avonts

Chairman of the board of directors · since 12 décembre 2022 · until 12 décembre 2026

Active

Hugo Pietermans

Director · since 20 juin 2022 · until 20 juin 2026

Active

Ended mandates

Eric Avonts

Director · since 12 décembre 2022 · until 12 décembre 2026

Ended

Hugo Pietermans

Director · since 20 juin 2022 · until 08 juin 2026

Ended

Hubert Vandueren

Director · since 06 décembre 2021 · until 06 décembre 2023

Ended

Hubert Vandueren

Director · since 06 décembre 2021 · until 06 décembre 2027

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates03/03/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/11/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/01/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/02/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/02/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/07/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/04/2022
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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

2025
Annual accounts 2025169,6 k €↓
2024
Annual accounts 2024370,1 k €↑
2023
Annual accounts 2023179,3 k €↓
2022
Annual accounts 2022247,4 k €↑
2021
Annual accounts 2021-4 k €↓
2020
Annual accounts 2020672,4 k €↓
2019
Annual accounts 20192,2 M €↑
2017
Annual accounts 2017160,5 k €↓
2016
Annual accounts 2016423 k €↓
2015
Annual accounts 2015771,9 k €↑
2014
Annual accounts 2014110,9 k €↓
2013
Annual accounts 2013160,3 k €↓
2011
Annual accounts 2011242,4 k €↓
2010
Annual accounts 2010484,1 k €↑
2009
Annual accounts 2009246,2 k €↑
2008
Annual accounts 200832,3 k €
12/05/1956
IncorporationNon-profit organization

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Elegast

Overview

What does Elegast do?

Trend over 16 financial years

Indicative valuation

Board of directors

Other companies at this address

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