VANDER ELST
0421.678.794 · rovalta.com · 24/09/2026
ACTIVE
VANDER ELST
Financial year 2025 · closed on 31/12/2025
Net result
124,3 k €
+148.4% YoY
Gross margin
1,9 M €
+5.4% YoY
Equity
920,8 k €
+15.6% YoY
Workforce
16,6 ETP
-9.8% YoY
Overview
What does VANDER ELST do?
VANDER ELST is a Public limited company incorporated in 1981. Its main activity is: Wholesale of machinery for the textile industry and of sewing and knitting machines. Its registered office is in Grimbergen. It employs on average 16,6 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0421.678.794
Incorporation
10/06/1981
Legal form
Public limited company
Registered office
Oostvaartdijk 42
1850 Grimbergen · FlandreSee on map
1850 Grimbergen · FlandreSee on map
Contributed capital
187 000,00 €
Latest accounts
31/12/2025
Average workforce
16,6 ETP
Activities (NACE)
Joint committees (3)
- 14901
- 200
- 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 18 financial years
| 2025 | 2024 | 2023 | 2022 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||
| Gross margin | 1,9 M € | +5.4% | 1,8 M € | -24.1% | 2,3 M € | – | – | – | – | – | – | – | 1,6 M € | +8.4% | 1,4 M € | +0.0% | 1,4 M € | -41.3% | 2,5 M € | +137% | 1 M € | +11.1% | 929,7 k € | +86.1% | 499,6 k € | +21.1% | 412,5 k € | ||||||||
| EBITDA | 367 k € | +329% | 85,6 k € | -84.7% | 557,9 k € | +110% | 266 k € | -71.2% | 924,5 k € | +71.5% | 539 k € | -60.0% | 1,3 M € | -17.3% | 1,6 M € | +22.2% | 1,3 M € | +38.0% | 966,1 k € | +34.6% | 717,8 k € | +8.9% | 658,9 k € | +23.1% | 535,3 k € | -55.2% | 1,2 M € | +83.9% | 649,3 k € | +13.8% | 570,5 k € | +109% | 273,5 k € | +24.2% | 220,3 k € |
| Operating result | 188,7 k € | +233% | -141,6 k € | -138% | 367,9 k € | +295% | 93,2 k € | -87.7% | 754,6 k € | +246% | 218 k € | -80.6% | 1,1 M € | -19.8% | 1,4 M € | +17.7% | 1,2 M € | +46.9% | 810,5 k € | +45.5% | 556,9 k € | +14.8% | 485 k € | +35.6% | 357,6 k € | -55.3% | 800,5 k € | +45.8% | 549 k € | +6.3% | 516,4 k € | +140% | 215,3 k € | +37.4% | 156,6 k € |
| Net result | 124,3 k € | +148% | -256,6 k € | -219% | 215,1 k € | +1788% | 11,4 k € | -97.9% | 547,7 k € | +345% | 123,1 k € | -85.2% | 832,9 k € | -10.2% | 927,9 k € | +13.1% | 820,2 k € | +43.0% | 573,7 k € | +35.0% | 425,1 k € | +14.5% | 371,3 k € | +22.0% | 304,3 k € | -55.8% | 688,4 k € | +50.3% | 458 k € | +20.9% | 378,8 k € | +128% | 166,3 k € | +45.7% | 114,2 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||
| Equity | 920,8 k € | +15.6% | 796,5 k € | -24.4% | 1,1 M € | -7.5% | 1,1 M € | -21.3% | 1,4 M € | +11.4% | 1,3 M € | -36.8% | 2,1 M € | -0.3% | 2,1 M € | -33.4% | 3,1 M € | +3.2% | 3 M € | +15.3% | 2,6 M € | -2.8% | 2,7 M € | +16.1% | 2,3 M € | -23.2% | 3 M € | +45.6% | 2,1 M € | +24.7% | 1,7 M € | +58.0% | 1 M € | +16.3% | 899,4 k € |
| Total assets | 2,6 M € | +0.3% | 2,6 M € | -4.3% | 2,7 M € | -9.3% | 2,9 M € | -8.2% | 3,2 M € | -5.9% | 3,4 M € | -27.0% | 4,7 M € | -10.0% | 5,2 M € | +9.1% | 4,8 M € | +17.7% | 4 M € | +25.9% | 3,2 M € | -5.2% | 3,4 M € | -7.6% | 3,7 M € | -9.4% | 4 M € | +53.3% | 2,6 M € | +20.4% | 2,2 M € | +29.3% | 1,7 M € | +9.6% | 1,5 M € |
| Cash | 257,6 k € | -30.8% | 372,2 k € | +54.9% | 240,2 k € | -48.3% | 465 k € | -48.7% | 906,5 k € | +282% | 237,5 k € | -49.0% | 465,8 k € | -72.1% | 1,7 M € | +53.2% | 1,1 M € | +25.1% | 869,6 k € | +314% | 210 k € | -66.5% | 626,3 k € | -16.9% | 753,8 k € | -10.4% | 841,5 k € | +51.3% | 556,1 k € | +4.0% | 534,7 k € | +72.2% | 310,5 k € | +115% | 144,2 k € |
| Debts | 1,6 M € | -6.7% | 1,8 M € | +8.8% | 1,6 M € | -10.5% | 1,8 M € | +3.1% | 1,8 M € | -16.5% | 2,1 M € | -19.2% | 2,6 M € | -15.7% | 3,1 M € | +92.1% | 1,6 M € | +64.6% | 973,7 k € | +80.8% | 538,5 k € | -14.3% | 628,4 k € | -50.3% | 1,3 M € | +35.4% | 934,6 k € | +119% | 426,1 k € | +11.8% | 381,3 k € | -32.9% | 567,9 k € | -2.8% | 584,6 k € |
| Other | |||||||||||||||||||||||||||||||||||
| Workforce | 16,6 ETP | -9.8% | 18,4 ETP | -12.4% | 21,0 ETP | -7.1% | 22,6 ETP | +7.1% | 21,1 ETP | -0.5% | 21,2 ETP | -0.9% | 21,4 ETP | +10.3% | 19,4 ETP | +1.0% | 19,2 ETP | +41.2% | 13,6 ETP | +10.6% | 12,3 ETP | -0.8% | 12,4 ETP | -13.9% | 14,4 ETP | +28.6% | 11,2 ETP | +40.0% | 8,0 ETP | +1.3% | 7,9 ETP | +43.6% | 5,5 ETP | +3.8% | 5,3 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 19 ended
Ended mandates
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged 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 | 07/07/2026 | 02/07/2025 | 16/07/2024 | 21/06/2023 | 30/06/2022 | 22/06/2021 |
| General meeting | 19/06/2026 | 20/06/2025 | 21/06/2024 | 16/06/2023 | 17/06/2022 | 18/06/2021 |
| 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 daysFilings
Annual accounts filings
19 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 19/06/2026 | 07/07/2026 | Dutch | |
| Abridged model | 31/12/2024 | 20/06/2025 | 02/07/2025 | Dutch | |
| Abridged model | 31/12/2023 | 21/06/2024 | 16/07/2024 | Dutch | |
| Full model | 31/12/2022 | 16/06/2023 | 21/06/2023 | Dutch | |
| Full model | 31/12/2021 | 17/06/2022 | 30/06/2022 | Dutch | |
| Full model | 31/12/2020 | 18/06/2021 | 22/06/2021 | Dutch | |
| Full model | 31/12/2019 | 19/06/2020 | 30/06/2020 | Dutch | |
| Full model | 31/12/2018 | 21/06/2019 | 26/06/2019 | Dutch | |
| Full model | 31/12/2017 | 15/06/2018 | 31/08/2018 | Dutch | |
| Full model | 31/12/2016 | 16/06/2017 | 12/07/2017 | Dutch | |
| Full model | 31/12/2015 | 17/06/2016 | 27/06/2016 | Dutch | |
| Abridged model | 30/12/2014 | 19/06/2015 | 02/07/2015 | Dutch | |
| Abridged model | 30/12/2013 | 20/06/2014 | 30/06/2014 | Dutch | |
| Abridged model | 30/12/2012 | 21/06/2013 | 09/07/2013 | Dutch | |
| Abridged model | 30/12/2011 | 20/04/2012 | 25/04/2012 | Dutch | |
| Abridged model | 31/12/2009 | 25/06/2010 | 28/06/2010 | Dutch | |
| Abridged model | 31/12/2008 | 26/06/2009 | 01/07/2009 | Dutch | |
| Abridged model | 31/12/2007 | 20/03/2008 | 23/05/2008 | Dutch | |
| Abridged model | 31/12/2006 | 29/06/2007 | 06/07/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 1 M€ and 2,5 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 19 ended
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates21/08/2025ONTSLAGEN - BENOEMINGEN
- Other19/01/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates16/09/2021ONTSLAGEN - BENOEMINGEN
- Mandates08/02/2021ONTSLAGEN - BENOEMINGEN
- Mandates18/03/2020ONTSLAGEN - BENOEMINGEN
- Mandates02/10/2018ONTSLAGEN - BENOEMINGEN
- Mandates21/02/2018ONTSLAGEN - BENOEMINGEN
- Other21/12/2015ALGEMENE VERGADERING - BOEKJAAR
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025124,3 k €↑
- 2024Annual accounts 2024-256,6 k €↓
- 2023Annual accounts 2023215,1 k €↑
- 2022Annual accounts 202211,4 k €↓
- 2020Annual accounts 2020547,7 k €↑
- 2019Annual accounts 2019123,1 k €↓
- 2018Annual accounts 2018832,9 k €↓
- 2017Annual accounts 2017927,9 k €↑
- 2016Annual accounts 2016820,2 k €↑
- 2015Annual accounts 2015573,7 k €↑
- 2014Annual accounts 2014425,1 k €↑
- 2013Annual accounts 2013371,3 k €↑
- 2012Annual accounts 2012304,3 k €↓
- 2011Annual accounts 2011688,4 k €↑
- 2009Annual accounts 2009458 k €↑
- 2008Annual accounts 2008378,8 k €↑
- 2007Annual accounts 2007166,3 k €↑
- 2006Annual accounts 2006114,2 k €
- 10/06/1981IncorporationPublic limited company