NORMAL SITUATION

ELPHICA

Financial year 2025 · closed on 30/06/2025
Net result
116,7 k €
-33.1% YoY
Gross margin
64,7 k €
+45.4% YoY
Equity
1,7 M €
+7.4% YoY

Company — Normal situation.

What does ELPHICA do?

ELPHICA is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0427.240.458
Legal form
Public limited company
Contributed capital
62 000,00 €
Latest accounts
30/06/2025
Joint committees (1)
  • 100
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222019201820172016201520142013201220112010200920082007
Income statement
Gross margin64,7 k €44,5 k €42,6 k €28,9 k €729,7 k €133,7 k €87,5 k €186,1 k €121,4 k €141,1 k €90,9 k €102,7 k €85,1 k €59,7 k €88,7 k €122,4 k €239,6 k €
EBITDA45,1 k €25,3 k €10,6 k €11,8 k €713,7 k €112,6 k €67,5 k €120,9 k €101,5 k €121,2 k €68,5 k €69,2 k €64,7 k €16,5 k €68,1 k €96,6 k €207,7 k €
Operating result-23,4 k €50,8 k €-67,7 k €-20 k €594,6 k €9,4 k €-38,2 k €11 k €-3,7 k €13,6 k €-34,1 k €-39,6 k €-77,5 k €-168,4 k €-165,5 k €-189,2 k €-95,3 k €
Net result116,7 k €174,4 k €-62,6 k €-30,5 k €458,3 k €-3,4 k €47,2 k €-8,9 k €28,2 k €12,5 k €-127,5 k €-46 k €-83,8 k €106,1 k €-192,9 k €222 k €-2,4 M €
Balance sheet
Equity1,7 M €1,6 M €1,4 M €1,5 M €1,5 M €1,1 M €1,1 M €1 M €1 M €1 M €993,6 k €1,1 M €1,2 M €1,3 M €1,1 M €1,3 M €1,7 M €
Total assets2,1 M €2 M €2,2 M €2,3 M €2,9 M €2,3 M €2,4 M €2,4 M €2,4 M €2,8 M €2,7 M €2,9 M €3 M €3,1 M €4,5 M €4,7 M €5,1 M €
Cash37,9 k €15,9 k €53,5 k €119,2 k €593,4 k €84,3 k €50,3 k €136,6 k €55,7 k €626,5 k €284,2 k €309,6 k €86,1 k €25,2 k €163,7 k €9,4 k €33,8 k €
Debts381,4 k €395,6 k €658,7 k €694,3 k €998,5 k €1 M €1,2 M €1,2 M €1,2 M €1,6 M €1,6 M €1,6 M €1,7 M €1,7 M €2,9 M €3 M €3,1 M €
Other
Workforce0,1 ETP
Governance

Board of directors

Seen on filing of 30/06/2025 · 3 active · 15 ended

Active mandates

Elisabeth Bogaert

Managing director · since 12 mai 2024 · until 15 juin 2029

Active
Joanna Willemyns

Director · since 15 juin 2023 · until 15 juin 2029

Active
Philip Bogaert

Director · since 15 juin 2023 · until 15 juin 2029

Active

Ended mandates

Elisabeth Bogaert

Director · since 15 juin 2023 · until 15 juin 2024

Ended
Frank Bogaert

Managing director · since 15 juin 2023 · until 15 juin 2029

Ended
Elisabeth Bogaert

Director · since 23 novembre 2018 · until 22 novembre 2024

Ended
Frank Bogaert

Managing director · since 23 novembre 2018 · until 22 novembre 2024

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date19/12/202531/01/202531/01/202431/01/202308/03/202229/01/2021
General meeting21/11/202529/01/202522/12/202330/01/202327/01/202221/12/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

39 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/06/202521/11/202519/12/2025DutchPDF
Micro model30/06/202429/01/202531/01/2025DutchPDF
Micro model30/06/202322/12/202331/01/2024DutchPDF
Micro model30/06/202230/01/202331/01/2023DutchPDF
Micro model30/06/202127/01/202208/03/2022DutchPDF
Micro model30/06/202021/12/202029/01/2021DutchPDF
Micro model30/06/201909/01/202014/01/2020DutchPDF
Micro model30/06/201828/12/201828/01/2019DutchPDF
Micro model30/06/201716/12/201715/01/2018DutchPDF
Abridged model30/06/201630/12/201601/03/2017DutchPDF
Abridged model30/06/201519/12/201522/01/2016DutchPDF
Abridged model30/06/201412/12/201425/02/2015DutchPDF
Abridged model30/06/201322/11/201331/01/2014DutchPDF
Abridged model30/06/201223/11/201230/01/2013DutchPDF
Abridged model30/06/201118/11/201116/01/2012DutchPDF
Abridged model30/06/201027/12/201031/01/2011DutchPDF
Abridged model30/06/200920/11/200918/12/2009DutchPDF
Abridged model30/06/200810/12/200827/01/2009DutchPDF
Abridged model30/06/200723/11/200717/12/2007DutchPDF
Abridged model30/06/200617/11/200629/11/2006DutchPDF
Abridged model30/06/200506/01/200630/01/2006DutchPDF
Abridged model30/06/200419/11/200417/01/2005DutchPDF
Abridged model30/06/200321/11/200329/03/2004DutchPDF
Abridged model30/06/200222/11/200227/12/2002DutchPDF

View all 39 filings

Estimate

Indicative valuation

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 30/06/2025 · 3 active · 15 ended

Active mandates

Elisabeth Bogaert

Managing director · since 12 mai 2024 · until 15 juin 2029

Active
Joanna Willemyns

Director · since 15 juin 2023 · until 15 juin 2029

Active
Philip Bogaert

Director · since 15 juin 2023 · until 15 juin 2029

Active

Ended mandates

Elisabeth Bogaert

Director · since 15 juin 2023 · until 15 juin 2024

Ended
Frank Bogaert

Managing director · since 15 juin 2023 · until 15 juin 2029

Ended
Elisabeth Bogaert

Director · since 23 novembre 2018 · until 22 novembre 2024

Ended
Frank Bogaert

Managing director · since 23 novembre 2018 · until 22 novembre 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution25/02/2026
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring30/12/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates27/02/2025
    ONTSLAGEN - BENOEMINGEN
    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 2025116,7 k €
  2. 2024
    Annual accounts 2024174,4 k €
  3. 2023
    Annual accounts 2023-62,6 k €
  4. 2022
    Annual accounts 2022-30,5 k €
  5. 2019
    Annual accounts 2019458,3 k €
  6. 2018
    Annual accounts 2018-3,4 k €
  7. 2017
    Annual accounts 201747,2 k €
  8. 2016
    Annual accounts 2016-8,9 k €
  9. 2015
    Annual accounts 201528,2 k €
  10. 2014
    Annual accounts 201412,5 k €
  11. 2013
    Annual accounts 2013-127,5 k €
  12. 2012
    Annual accounts 2012-46 k €
  13. 2011
    Annual accounts 2011-83,8 k €
  14. 2010
    Annual accounts 2010106,1 k €
  15. 2009
    Annual accounts 2009-192,9 k €
  16. 2008
    Annual accounts 2008222 k €
  17. 2007
    Annual accounts 2007-2,4 M €