ACTIVE

Elema

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

4,1 k €

+3.1% YoY

Gross margin

44,4 k €

+4.1% YoY

Equity

172 k €

-2.9% YoY

What does Elema do?

Elema is a Private limited company incorporated in 1981. Its registered office is in Wavre.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0421.586.249

Incorporation

01/01/1981

Legal form

Private limited company

Registered office

Rue de Bruxelles 13
1300 Wavre · WallonieSee on map

Contributed capital

82 170,00 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	44,4 k €	+4.1%	42,6 k €	+25.3%	34 k €	-12.2%	38,7 k €	+5.8%	36,6 k €	-5.9%	38,9 k €	-0.9%	39,2 k €	+8.3%	36,2 k €	-12.6%	41,5 k €	-0.1%	41,5 k €	-0.3%	41,6 k €	-36.2%	65,2 k €	-0.4%	65,5 k €	+49.7%	43,7 k €	+232%	13,2 k €	-10.8%	14,8 k €	-42.8%	25,8 k €	-4.3%	27 k €	-19.6%	33,5 k €	+41.9%	23,6 k €
EBITDA	40,7 k €	+4.2%	39,1 k €	+28.6%	30,4 k €	-14.5%	35,6 k €	+5.2%	33,8 k €	-6.0%	35,9 k €	-1.2%	36,4 k €	+8.8%	33,4 k €	-13.6%	38,7 k €	-0.2%	38,8 k €	+5.1%	36,9 k €	-39.5%	61 k €	+15.9%	52,6 k €	+30.8%	40,2 k €	+311%	9,8 k €	-10.4%	10,9 k €	-51.0%	22,3 k €	-6.0%	23,7 k €	-23.4%	30,9 k €	+49.4%	20,7 k €
Operating result	4,9 k €	-14.1%	5,7 k €	+300%	-2,8 k €	-208%	2,6 k €	+569%	-564,7 €	-136%	1,6 k €	-18.6%	1,9 k €	+324%	-862,5 €	-124%	3,6 k €	+2.1%	3,6 k €	+366%	767,3 €	-96.7%	23,2 k €	+55.9%	14,9 k €	+452%	2,7 k €	+113%	-20,1 k €	-883%	-2 k €	-125%	8,2 k €	-19.3%	10,2 k €	-46.0%	18,8 k €	+108%	9,1 k €
Net result	4,1 k €	+3.1%	3,9 k €	+289%	-2,1 k €	-300%	1 k €	+194%	-1,1 k €	-234%	826,8 €	-7.5%	893,6 €	+158%	-1,5 k €	-204%	1,5 k €	-38.1%	2,4 k €	-98.1%	129,2 k €	+809%	14,2 k €	+238%	4,2 k €	+241%	-3 k €	+85.9%	-21,1 k €	-139%	54,8 k €	+614%	7,7 k €	-22.4%	9,9 k €	-39.0%	16,2 k €	-14.6%	19 k €
Balance sheet
Equity	172 k €	-2.9%	177 k €	-2.8%	182,1 k €	-6.6%	194,9 k €	-4.7%	204,6 k €	-5.5%	216,4 k €	-5.9%	229,9 k €	-5.5%	243,3 k €	-0.6%	244,8 k €	-18.9%	301,9 k €	+0.8%	299,5 k €	+75.9%	170,2 k €	+9.1%	156 k €	+2.8%	151,8 k €	-1.9%	154,8 k €	-12.0%	175,9 k €	+45.2%	121,2 k €	+0.6%	120,5 k €	+2.5%	117,6 k €	+16.0%	101,4 k €
Total assets	194,8 k €	+3.4%	188,5 k €	-4.8%	198 k €	-8.5%	216,4 k €	-4.1%	225,7 k €	-7.6%	244,2 k €	-6.1%	260,1 k €	-0.5%	261,4 k €	-21.6%	333,5 k €	-11.6%	377,3 k €	-15.8%	448 k €	+5.6%	424,5 k €	-5.9%	451,3 k €	-6.2%	480,9 k €	-5.7%	509,7 k €	+148%	205,3 k €	+51.4%	135,6 k €	-2.3%	138,8 k €	+6.1%	130,9 k €	+14.1%	114,7 k €
Cash	114,2 k €	-7.8%	123,8 k €	+18.8%	104,2 k €	+16.1%	89,7 k €	+15.7%	77,6 k €	+23.9%	62,6 k €	+41.0%	44,4 k €	+229%	13,5 k €	-73.9%	51,7 k €	-15.9%	61,5 k €	-34.7%	94,2 k €	+216%	29,8 k €	+23.8%	24,1 k €	+8.2%	22,3 k €	-81.4%	119,9 k €	-27.0%	164,3 k €	+131%	71,2 k €	+298%	17,9 k €	+138%	7,5 k €	-40.1%	12,6 k €
Debts	22,8 k €	+142%	9,4 k €	-20.7%	11,9 k €	-19.3%	14,8 k €	+18.9%	12,4 k €	-28.1%	17,3 k €	-0.5%	17,4 k €	+453%	3,1 k €	-95.5%	70,2 k €	+26.2%	55,6 k €	-55.7%	125,7 k €	-45.1%	229,1 k €	-14.3%	267,3 k €	-12.1%	304 k €	-7.3%	327,9 k €	+93985%	348,5 €	-97.6%	14,3 k €	-21.1%	18,1 k €	+36.6%	13,2 k €	-0.6%	13,3 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 5 ended

Active mandates

Jérôme LOBET

Director

Active

Marie-Christine GASPAR

Director

Active

Sébastien LOBET

Director

Active

Ended mandates

Georges LOBET

Managing director

Ended

Georges LOBET

Manager

Ended

Marie-Christine GASPAR

Managing director

Ended

Marie-Christine GASPAR

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	24/08/2026	30/06/2025	21/09/2024	30/08/2023	18/08/2022	02/08/2021
General meeting	08/06/2026	10/06/2025	10/06/2024	12/06/2023	13/06/2022	14/06/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	08/06/2026	24/08/2026	French	PDF
Micro model	31/12/2024	10/06/2025	30/06/2025	French	PDF
Micro model	31/12/2023	10/06/2024	21/09/2024	French	PDF
Micro model	31/12/2022	12/06/2023	30/08/2023	French	PDF
Micro model	31/12/2021	13/06/2022	18/08/2022	French	PDF
Micro model	31/12/2020	14/06/2021	02/08/2021	French	PDF
Micro model	31/12/2019	08/06/2020	21/08/2020	French	PDF
Micro model	31/12/2018	11/06/2019	31/07/2019	French	PDF
Micro model	31/12/2017	11/06/2018	06/08/2018	French	PDF
Micro model	31/12/2016	17/06/2017	02/08/2017	French	PDF
Abridged model	31/12/2015	13/06/2016	29/07/2016	French	PDF
Abridged model	31/12/2014	08/06/2015	14/07/2015	French	PDF
Abridged model	31/12/2013	10/06/2014	18/06/2014	French	PDF
Abridged model	31/12/2012	10/06/2013	10/07/2013	French	PDF
Abridged model	31/12/2011	29/03/2012	31/07/2012	French	PDF
Abridged model	31/12/2010	14/06/2011	29/07/2011	French	PDF
Abridged model	31/12/2009	14/06/2010	16/08/2010	French	PDF
Abridged model	31/12/2008	08/06/2009	29/06/2009	French	PDF
Abridged model	31/12/2007	09/06/2008	04/08/2008	French	PDF
Abridged model	31/12/2006	11/06/2007	30/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 3 active · 5 ended

Active mandates

Jérôme LOBET

Director

Active

Marie-Christine GASPAR

Director

Active

Sébastien LOBET

Director

Active

Ended mandates

Georges LOBET

Managing director

Ended

Georges LOBET

Manager

Ended

Marie-Christine GASPAR

Managing director

Ended

Marie-Christine GASPAR

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates03/05/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Mandates10/05/2012
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
PDF
Mandates26/08/2011
DEMISSIONS, NOMINATIONS
PDF
Mandates06/03/2007
DEMISSIONS, NOMINATIONS
PDF
Mandates11/07/2006
DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
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 20254,1 k €↑
2024
Annual accounts 20243,9 k €↑
2023
Annual accounts 2023-2,1 k €↓
2022
Annual accounts 20221 k €↑
2021
Annual accounts 2021-1,1 k €↓
2020
Annual accounts 2020826,8 €↓
2019
Annual accounts 2019893,6 €↑
2018
Annual accounts 2018-1,5 k €↓
2017
Annual accounts 20171,5 k €↓
2016
Annual accounts 20162,4 k €↓
2015
Annual accounts 2015129,2 k €↑
2014
Annual accounts 201414,2 k €↑
2013
Annual accounts 20134,2 k €↑
2012
Annual accounts 2012-3 k €↑
2011
Annual accounts 2011-21,1 k €↓
2010
Annual accounts 201054,8 k €↑
2009
Annual accounts 20097,7 k €↓
2008
Annual accounts 20089,9 k €↓
2007
Annual accounts 200716,2 k €↓
2006
Annual accounts 200619 k €
01/01/1981
IncorporationPrivate limited company

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

Elema

Overview

What does Elema do?

Trend over 20 financial years

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