ACTIVE

ELMO

Financial year 2025 · closed on 31/12/2025
Net result
392,9 k €
+2768.0% YoY
Gross margin
543,4 k €
+1393.7% YoY
Equity
665,7 k €
+144.0% YoY

What does ELMO do?

ELMO is a Public limited company incorporated in 1987. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Ardooie.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0432.240.413
Incorporation
01/10/1987
Legal form
Public limited company
Registered office
Knijffelingstraat 15
8851 Ardooie · FlandreSee on map
Contributed capital
61 946,07 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120182017201620152014201320122011201020092008
Income statement
Gross margin543,4 k €36,4 k €40,1 k €55,7 k €53,6 k €58,2 k €62,6 k €60,6 k €78,6 k €75,7 k €73,5 k €70,4 k €57,2 k €55,5 k €54,8 k €51,9 k €
EBITDA530,8 k €24,4 k €27,3 k €45 k €43,2 k €48,6 k €53 k €51,4 k €69,4 k €66,5 k €64,5 k €61,6 k €48,5 k €47,2 k €46,4 k €43,9 k €
Operating result519,2 k €16,2 k €19,1 k €35,4 k €33,6 k €39,3 k €47,9 k €46,7 k €64,7 k €61,8 k €59,4 k €31 k €9,1 k €7 k €6,2 k €3,7 k €
Net result392,9 k €13,7 k €13,8 k €24,1 k €22,9 k €24,8 k €29,8 k €25,2 k €41,8 k €39,4 k €38,7 k €25,8 k €3,5 k €184,6 €5,9 k €3,9 k €
Balance sheet
Equity665,7 k €272,8 k €259,1 k €275,1 k €276,2 k €291,2 k €266,4 k €268,7 k €243,5 k €271,2 k €231,8 k €193,1 k €167,2 k €163,7 k €163,5 k €291,4 k €
Total assets862 k €286,1 k €278,3 k €310,4 k €315,9 k €340,5 k €330 k €329,6 k €329,1 k €308,1 k €310,8 k €288,8 k €285,2 k €292 k €300,6 k €311,7 k €
Cash214,9 k €97,7 k €22,9 k €61,5 k €40,4 k €52,7 k €67 k €61 k €23,1 k €12,4 k €11,4 k €6,6 k €22,1 k €8,5 k €11,9 k €13,1 k €
Debts64,5 k €11,1 k €16,4 k €30 k €34,1 k €45,4 k €52,7 k €52 k €78,3 k €27,4 k €70,9 k €88,9 k €110 k €119 k €135,6 k €15,5 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Ann Danis

Director · since 20 décembre 2023 · until 29 mai 2029

Active

Ended mandates

Monique Van Puyvelde

Manager

Ended
Nicole Van Puyvelde

Director

Ended
Nicole Van Puyvelde

Manager

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date05/08/202629/08/202510/09/202423/06/202328/06/202225/06/2021
General meeting17/07/202628/08/202518/07/202430/05/202331/05/202225/05/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202517/07/202605/08/2026DutchPDF
Micro model31/12/202428/08/202529/08/2025DutchPDF
Micro model31/12/202318/07/202410/09/2024DutchPDF
Micro model31/12/202230/05/202323/06/2023DutchPDF
Micro model31/12/202131/05/202228/06/2022DutchPDF
Micro model31/12/202025/05/202125/06/2021DutchPDF
Micro model31/12/201920/05/202008/06/2020DutchPDF
Micro model31/12/201829/05/201911/06/2019DutchPDF
Micro model31/12/201730/05/201805/06/2018DutchPDF
Micro model31/12/201610/05/201716/05/2017DutchPDF
Abridged model31/12/201511/05/201627/05/2016DutchPDF
Abridged model31/12/201403/06/201515/06/2015DutchPDF
Abridged model31/12/201328/05/201403/06/2014DutchPDF
Abridged model31/12/201230/05/201305/06/2013DutchPDF
Abridged model31/12/201123/05/201230/05/2012DutchPDF
Abridged model31/12/201001/06/201107/06/2011DutchPDF
Abridged model31/12/200926/05/201001/06/2010DutchPDF
Abridged model31/12/200826/05/200928/05/2009DutchPDF
Abridged model31/12/200727/05/200804/06/2008DutchPDF
Abridged model31/12/200629/05/200701/06/2007DutchPDF
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.

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 · 1 active · 3 ended

Active mandates

Ann Danis

Director · since 20 décembre 2023 · until 29 mai 2029

Active

Ended mandates

Monique Van Puyvelde

Manager

Ended
Nicole Van Puyvelde

Director

Ended
Nicole Van Puyvelde

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates14/02/2024
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/09/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office09/06/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates24/03/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares10/11/2015
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares04/01/2010
    KAPITAAL - AANDELEN - 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

Timeline

  1. 2025
    Annual accounts 2025392,9 k €
  2. 2024
    Annual accounts 202413,7 k €
  3. 2023
    Annual accounts 202313,8 k €
  4. 2022
    Annual accounts 202224,1 k €
  5. 2021
    Annual accounts 202122,9 k €
  6. 2018
    Annual accounts 201824,8 k €
  7. 2017
    Annual accounts 201729,8 k €
  8. 2016
    Annual accounts 201625,2 k €
  9. 2015
    Annual accounts 201541,8 k €
  10. 2014
    Annual accounts 201439,4 k €
  11. 2013
    Annual accounts 201338,7 k €
  12. 2012
    Annual accounts 201225,8 k €
  13. 2011
    Annual accounts 20113,5 k €
  14. 2010
    Annual accounts 2010184,6 €
  15. 2009
    Annual accounts 20095,9 k €
  16. 2008
    Annual accounts 20083,9 k €
  17. 01/10/1987
    IncorporationPublic limited company