ACTIVE

ELIET

Financial year 2025 · Closed on 30/06/2025

Net result1,2 M €+111,4 %over 1 year
Revenue7,1 M €-33,2 %over 1 year
Equity13,5 M €+1,8 %over 1 year
Workforce36,1 ETP-2,7 %over 1 year

Identity

Source · BCE/KBO

ELIET is a Public limited company incorporated in 1988. Its main activity is: Manufacture of agricultural and forestry machinery. Its registered office is in Zwevegem. It employs on average 36,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0434.780.526
Incorporation
13/07/1988
Legal form
Public limited company
Registered office
Zwevegemstraat(O) 136
8553 Zwevegem · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
30/06/2025
Average workforce
36,1 ETP
Joint committees (2)
  • 111
  • 209
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 15 financial years

20252024202320222021
Income statement
Revenue7,1 M €10,6 M €13,4 M €11,9 M €13,5 M €
EBITDA1,4 M €1,4 M €1,7 M €1,8 M €3,1 M €
Operating result1,2 M €927,3 k €1,2 M €1,2 M €2,5 M €
Net result1,2 M €573,7 k €596 k €979,6 k €2,1 M €
Balance sheet
Equity13,5 M €13,2 M €12,7 M €12,1 M €11,1 M €
Total assets19,8 M €15,5 M €15 M €15 M €13,7 M €
Cash3,7 M €3,9 M €3,1 M €3 M €3,5 M €
Debts6,3 M €2,3 M €2,4 M €2,9 M €2,6 M €
Other
Workforce36,1 ETP37,1 ETP40,1 ETP35,9 ETP36,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 30/06/2025

1 active · 1 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
FELTRON0476.465.285Represented by Frederic LIETAER
Directorsince 27/06/2011

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
frederic lietaer
Managing director27/06/2011 → 2023 accounts

Other companies at this address

Zwevegemstraat(O) 136 8553 Zwevegem
CompanyCBE no.
Groep Eliet● Active
1040.089.923

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year30/06/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year6 months12 months12 months12 months12 months12 months
Filing date30/01/202629/08/202528/06/202430/06/202313/07/202228/06/2021
General meeting26/01/202622/08/202528/06/202430/06/202324/06/202225/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model30/06/202526/01/202630/01/2026DutchPDF
Full model31/12/202422/08/202529/08/2025DutchPDF
Full model31/12/202328/06/202428/06/2024DutchPDF
Full model31/12/202230/06/202330/06/2023DutchPDF
Full model31/12/202124/06/202213/07/2022DutchPDF
Full model31/12/202025/06/202128/06/2021DutchPDF
Abridged model31/12/201926/06/202014/07/2020DutchPDF
Abridged model31/12/201828/06/201928/06/2019DutchPDF
Full model31/12/201729/06/201804/07/2018DutchPDF
Full model31/12/201630/06/201710/07/2017DutchPDF
Abridged model31/12/201524/06/201624/06/2016DutchPDF
Abridged model31/12/201426/06/201501/07/2015DutchPDF
Abridged model31/12/201327/06/201407/07/2014DutchPDF
Abridged model31/12/201228/06/201312/07/2013DutchPDF
Abridged model31/12/201129/06/201229/06/2012DutchPDF
Abridged model31/12/201024/06/201120/07/2011DutchPDF
Abridged model31/12/200925/06/201010/08/2010DutchPDF
Abridged model31/12/200826/06/200908/07/2009DutchPDF
Abridged model31/12/200727/06/200804/07/2008DutchPDF
Abridged model31/12/200629/06/200708/10/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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.

Board of directors

Source · NBB, accounts to 30/06/2025

1 active · 1 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
FELTRON0476.465.285Represented by Frederic LIETAER
Directorsince 27/06/2011

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
frederic lietaer
Managing director27/06/2011 → 2023 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates28/08/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates08/07/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/01/2003
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings15 filings
Mandates
FELTRON
frederic lietaer
198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
ELIET
Zwevegemstraat(O) 136, 8553 Otegem
Director
Managing director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Zwevegemstraat(O) 136, 8553 OtegemCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00028752

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
ELIETCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00028752

Events

  1. 2025
    Annual accounts 20251,2 M €↑
  2. 2024
    Annual accounts 2024573,7 k €↓
  3. 2023
    Annual accounts 2023596 k €↓
  4. 2022
    Annual accounts 2022979,6 k €↓
  5. 2021
    Annual accounts 20212,1 M €↑
  6. 2020
    Annual accounts 2020635 k €↓
  7. 2019
    Annual accounts 2019732,8 k €↓
  8. 2018
    Annual accounts 2018824,4 k €↑
  9. 2017
    Annual accounts 2017508,4 k €↓
  10. 2016
    Annual accounts 2016664,6 k €↓
  11. 2015
    Annual accounts 20151,8 M €↑
  12. 2014
    Annual accounts 2014509,7 k €↑
  13. 2013
    Annual accounts 2013275,6 k €↑
  14. 2012
    Annual accounts 2012249,4 k €↑
  15. 2011
    Annual accounts 2011221,2 k €
  16. 13/07/1988
    IncorporationPublic limited company