ACTIVE

ELIET

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Financial year 2025 · closed on 30/06/2025

Net result

1,2 M €

+111.4% YoY

Revenue

7,1 M €

-33.2% YoY

Equity

13,5 M €

+1.8% YoY

Workforce

36,1 ETP

-2.7% YoY

What does ELIET do?

ELIET is a Public limited company incorporated in 1988. 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)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011
Income statement
Revenue	7,1 M €	-33.2%	10,6 M €	-21.4%	13,4 M €	+13.0%	11,9 M €	-11.7%	13,5 M €	+28.1%	10,5 M €		–		–		8,7 M €	-0.0%	8,7 M €		–		–		–		–		–
EBITDA	1,4 M €	-1.5%	1,4 M €	-18.0%	1,7 M €	-3.8%	1,8 M €	-41.8%	3,1 M €	+106%	1,5 M €	-2.8%	1,5 M €	-25.0%	2 M €	+42.7%	1,4 M €	+3.1%	1,4 M €	-51.6%	2,9 M €	+222%	889,4 k €	+60.2%	555,1 k €	-6.4%	593,2 k €	-17.4%	718 k €
Operating result	1,2 M €	+26.3%	927,3 k €	-22.8%	1,2 M €	-1.2%	1,2 M €	-50.8%	2,5 M €	+178%	889,1 k €	-14.9%	1 M €	-34.2%	1,6 M €	+61.9%	980,5 k €	+1.4%	967,4 k €	-62.6%	2,6 M €	+265%	709,3 k €	+108%	341 k €	+13.7%	300 k €	-13.4%	346,6 k €
Net result	1,2 M €	+111%	573,7 k €	-3.7%	596 k €	-39.2%	979,6 k €	-53.7%	2,1 M €	+233%	635 k €	-13.4%	732,8 k €	-11.1%	824,4 k €	+62.2%	508,4 k €	-23.5%	664,6 k €	-62.1%	1,8 M €	+244%	509,7 k €	+84.9%	275,6 k €	+10.5%	249,4 k €	+12.8%	221,2 k €
Balance sheet
Equity	13,5 M €	+1.8%	13,2 M €	+4.5%	12,7 M €	+4.9%	12,1 M €	+8.8%	11,1 M €	+23.6%	9 M €	+7.6%	8,3 M €	+9.6%	7,6 M €	+12.2%	6,8 M €	+6.9%	6,3 M €	+11.7%	5,7 M €	+44.7%	3,9 M €	+14.9%	3,4 M €	+8.8%	3,1 M €	+8.6%	2,9 M €
Total assets	19,8 M €	+27.2%	15,5 M €	+3.5%	15 M €	+0.0%	15 M €	+9.8%	13,7 M €	+18.0%	11,6 M €	+0.5%	11,5 M €	+8.6%	10,6 M €	+5.0%	10,1 M €	+7.0%	9,5 M €	-1.8%	9,6 M €	+66.3%	5,8 M €	+8.5%	5,3 M €	-1.6%	5,4 M €	-9.9%	6 M €
Cash	3,7 M €	-4.7%	3,9 M €	+28.4%	3,1 M €	+1.5%	3 M €	-14.9%	3,5 M €	+3.3%	3,4 M €	+24.9%	2,7 M €	+4.9%	2,6 M €	+8.4%	2,4 M €	-4.2%	2,5 M €	-23.2%	3,3 M €	+13.6%	2,9 M €	+609%	408,2 k €	+32.0%	309,3 k €	+289%	79,5 k €
Debts	6,3 M €	+172%	2,3 M €	-2.3%	2,4 M €	-19.6%	2,9 M €	+14.0%	2,6 M €	-1.0%	2,6 M €	-15.7%	3,1 M €	+6.0%	2,9 M €	-9.9%	3,2 M €	+7.6%	3 M €	-21.5%	3,8 M €	+122%	1,7 M €	-5.4%	1,8 M €	-16.6%	2,2 M €	-30.2%	3,1 M €
Other
Workforce	36,1 ETP	-2.7%	37,1 ETP	-7.5%	40,1 ETP	+11.7%	35,9 ETP	-1.1%	36,3 ETP	-9.0%	39,9 ETP	+8.7%	36,7 ETP	+3.4%	35,5 ETP	+14.1%	31,1 ETP	-11.1%	35,0 ETP	-4.1%	36,5 ETP	+6.1%	34,4 ETP	+7.8%	31,9 ETP	-13.8%	37,0 ETP	-4.9%	38,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 9 ended

Active mandates

FELTRON

Director · since 30 juin 2025 · 0476.465.285

Represented by Frederic LIETAER

Active

Ended mandates

FELTRON

Director · since 30 juin 2023 · until 29 juin 2029 · 0476.465.285

Represented by emiel lietaer

Ended

frederic lietaer

Managing director · since 30 juin 2023 · until 29 juin 2029

Ended

FELTRON

Director · since 30 juin 2017 · until 30 juin 2023 · 0476.465.285

Represented by emiel lietaer

Ended

FELTRON

Director · since 30 juin 2017 · until 28 juillet 2023 · 0476.465.285

Represented by emiel lietaer

Ended

At this address

Other companies at this address

Company	CBE no.
Groep Eliet● Active	1040.089.923

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full 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	30/06/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	6 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/01/2026	29/08/2025	28/06/2024	30/06/2023	13/07/2022	28/06/2021
General meeting	26/01/2026	22/08/2025	28/06/2024	30/06/2023	24/06/2022	25/06/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	30/06/2025	26/01/2026	30/01/2026	Dutch	PDF
Full model	31/12/2024	22/08/2025	29/08/2025	Dutch	PDF
Full model	31/12/2023	28/06/2024	28/06/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	30/06/2023	Dutch	PDF
Full model	31/12/2021	24/06/2022	13/07/2022	Dutch	PDF
Full model	31/12/2020	25/06/2021	28/06/2021	Dutch	PDF
Abridged model	31/12/2019	26/06/2020	14/07/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	28/06/2019	Dutch	PDF
Full model	31/12/2017	29/06/2018	04/07/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	10/07/2017	Dutch	PDF
Abridged model	31/12/2015	24/06/2016	24/06/2016	Dutch	PDF
Abridged model	31/12/2014	26/06/2015	01/07/2015	Dutch	PDF
Abridged model	31/12/2013	27/06/2014	07/07/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	12/07/2013	Dutch	PDF
Abridged model	31/12/2011	29/06/2012	29/06/2012	Dutch	PDF
Abridged model	31/12/2010	24/06/2011	20/07/2011	Dutch	PDF
Abridged model	31/12/2009	25/06/2010	10/08/2010	Dutch	PDF
Abridged model	31/12/2008	26/06/2009	08/07/2009	Dutch	PDF
Abridged model	31/12/2007	27/06/2008	04/07/2008	Dutch	PDF
Abridged model	31/12/2006	29/06/2007	08/10/2007	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 9 ended

Active mandates

FELTRON

Director · since 30 juin 2025 · 0476.465.285

Represented by Frederic LIETAER

Active

Ended mandates

FELTRON

Director · since 30 juin 2023 · until 29 juin 2029 · 0476.465.285

Represented by emiel lietaer

Ended

frederic lietaer

Managing director · since 30 juin 2023 · until 29 juin 2029

Ended

FELTRON

Director · since 30 juin 2017 · until 30 juin 2023 · 0476.465.285

Represented by emiel lietaer

Ended

FELTRON

Director · since 30 juin 2017 · until 28 juillet 2023 · 0476.465.285

Represented by emiel lietaer

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

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

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 20251,2 M €↑
2024
Annual accounts 2024573,7 k €↓
2023
Annual accounts 2023596 k €↓
2022
Annual accounts 2022979,6 k €↓
2021
Annual accounts 20212,1 M €↑
2020
Annual accounts 2020635 k €↓
2019
Annual accounts 2019732,8 k €↓
2018
Annual accounts 2018824,4 k €↑
2017
Annual accounts 2017508,4 k €↓
2016
Annual accounts 2016664,6 k €↓
2015
Annual accounts 20151,8 M €↑
2014
Annual accounts 2014509,7 k €↑
2013
Annual accounts 2013275,6 k €↑
2012
Annual accounts 2012249,4 k €↑
2011
Annual accounts 2011221,2 k €
13/07/1988
IncorporationPublic 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

ELIET

Overview

What does ELIET do?

Trend over 15 financial years

Indicative valuation

Board of directors

Other companies at this address

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