ACTIVE

ELMINA

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Financial year 2025 · closed on 31/12/2025

Net result

297,1 k €

+151.0% YoY

Gross margin

167,3 k €

+18.7% YoY

Equity

3,4 M €

+9.7% YoY

What does ELMINA do?

ELMINA is a Public limited company incorporated in 1988. Its registered office is in Enghien.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0434.828.828

Incorporation

05/07/1988

Legal form

Public limited company

Registered office

Place du Vieux Marché(E) 5
7850 Enghien · WallonieSee on map

Contributed capital

1 752 607,22 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	167,3 k €	+18.7%	141 k €	+6.3%	132,6 k €	-35.8%	206,4 k €	-2.7%	212,2 k €	+0.3%	211,5 k €	+3.7%	203,9 k €	+15.0%	177,4 k €	+22.9%	144,3 k €	+29.3%	111,6 k €	-38.5%	181,5 k €	-14.4%	212 k €	+5.3%	201,3 k €	+19.5%	168,5 k €	-2.6%	173 k €	-2.2%	176,8 k €	+59.6%	110,8 k €	+22.6%	90,3 k €	-21.3%	114,8 k €	+11.4%	103 k €
EBITDA	139 k €	+18.5%	117,3 k €	+12.3%	104,4 k €	-42.4%	181,4 k €	-4.2%	189,4 k €	+0.3%	188,8 k €	+5.6%	178,8 k €	+14.2%	156,6 k €	+30.8%	119,7 k €	+32.5%	90,3 k €	-45.8%	166,7 k €	-15.6%	197,6 k €	+5.8%	186,8 k €	+23.0%	151,9 k €	-5.9%	161,4 k €	-2.4%	165,4 k €	+66.4%	99,4 k €	+25.1%	79,4 k €	-23.5%	103,9 k €	+13.0%	91,9 k €
Operating result	92,8 k €	+28.2%	72,4 k €	+16.9%	62 k €	-55.8%	140 k €	+3.3%	135,6 k €	+22.0%	111,1 k €	+22.2%	90,9 k €	+45.3%	62,6 k €	+793%	7 k €	+165%	-10,8 k €	-115%	72,2 k €	-25.0%	96,2 k €	+19.9%	80,3 k €	+52.3%	52,7 k €	-24.5%	69,8 k €	-5.8%	74,1 k €	+798%	8,2 k €	+93.3%	4,3 k €	-90.3%	43,8 k €	+179%	15,7 k €
Net result	297,1 k €	+151%	118,4 k €	-2.8%	121,8 k €	+25.1%	97,4 k €	-19.0%	120,2 k €	+4.0%	115,6 k €	-4.5%	121,1 k €	+213%	38,7 k €	+256%	10,9 k €	+184%	-13 k €	-118%	74,1 k €	-24.8%	98,4 k €	+17.7%	83,7 k €	+45.4%	57,6 k €	-25.2%	76,9 k €	-4.2%	80,3 k €	+666%	10,5 k €	-58.0%	25 k €	-73.0%	92,3 k €	+586%	13,5 k €
Balance sheet
Equity	3,4 M €	+9.7%	3,1 M €	+4.0%	2,9 M €	+4.3%	2,8 M €	+3.6%	2,7 M €	+4.6%	2,6 M €	+4.7%	2,5 M €	+5.1%	2,4 M €	+1.7%	2,3 M €	+0.5%	2,3 M €	-0.6%	2,3 M €	+3.3%	2,2 M €	+4.6%	2,2 M €	+4.0%	2,1 M €	+2.9%	2 M €	+4.0%	1,9 M €	+4.3%	1,9 M €	+0.6%	1,8 M €	+1.4%	1,8 M €	+5.4%	1,7 M €
Total assets	3,4 M €	+10.7%	3,1 M €	+2.8%	3 M €	+3.3%	2,9 M €	+4.7%	2,8 M €	+3.9%	2,7 M €	+3.6%	2,6 M €	+7.9%	2,4 M €	+1.6%	2,3 M €	+0.2%	2,3 M €	+0.4%	2,3 M €	+3.3%	2,3 M €	+4.7%	2,2 M €	+3.0%	2,1 M €	+3.7%	2 M €	+4.1%	1,9 M €	+3.6%	1,9 M €	+0.5%	1,9 M €	+1.7%	1,8 M €	+6.1%	1,7 M €
Cash	401,1 k €	+112%	189 k €	+138%	79,3 k €	-66.1%	234,1 k €	-58.0%	556,8 k €	+41.8%	392,6 k €	+57.6%	249,1 k €	+58.9%	156,7 k €	+19.3%	131,3 k €	-35.5%	203,6 k €	+25.8%	161,9 k €	-68.0%	505,9 k €	+63.0%	310,4 k €	+77.3%	175,1 k €	-39.2%	287,9 k €	+75.6%	164 k €	+201%	54,5 k €	-88.6%	477,7 k €	+742%	56,8 k €	+63.8%	34,6 k €
Debts	29,6 k €	+440%	5,5 k €	-87.3%	43,1 k €	-35.5%	66,8 k €	+90.2%	35,1 k €	-31.2%	51,1 k €	-34.9%	78,4 k €	+829%	8,4 k €	-61.2%	21,8 k €	-21.2%	27,6 k €	+420%	5,3 k €	-1.9%	5,4 k €	+129%	2,4 k €	-90.5%	25 k €	+254%	7,1 k €	+108%	3,4 k €	-75.7%	14 k €	-28.4%	19,5 k €	+192%	6,7 k €	+402%	1,3 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 19 ended

Active mandates

Aloïs Adrien Chevalier Mencik von Zebinsky

Director · since 22 mai 2024 · until 15 mai 2030

Active

Aloïs Alexandre Chevalier Mencik von Zebinsky

Director · since 22 mai 2024 · until 15 mai 2030

Active

Cyril Janssen de la Boëssière-Thiennes

Director · since 22 mai 2024 · until 15 mai 2030

Active

Gaëlle Janssen de la Boëssière-Thiennes

Director · since 22 mai 2024 · until 15 mai 2030

Active

Ended mandates

Aloïs Adrien Mencik Von Zebinsky

Director · since 17 mai 2022 · until 15 mai 2024

Ended

Aloïs Alexandre Chevalier Mencik Von Zebinsky

Director · since 15 mai 2018 · until 15 mai 2024

Ended

Cyril Janssen de la Boëssière-Thiennes

Director · since 15 mai 2018 · until 15 mai 2024

Ended

Elisabeth Comtesse de la Boëssière-Thiennes

Director · since 15 mai 2018 · until 15 mai 2024

Ended

At this address

Other companies at this address

Company	CBE no.
AGRICOLE DES GRANDS VIVIERS● Active	0424.591.962
Immobilière des Grands Viviers● Active	0686.989.236
VANDEVELDE & Co● Active	0427.999.236

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	19/08/2026	11/06/2025	13/06/2024	18/08/2023	02/08/2022	26/10/2021
General meeting	30/06/2026	22/05/2025	22/05/2024	16/05/2023	17/05/2022	18/10/2021
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
Micro model	31/12/2025	30/06/2026	19/08/2026	French	PDF
Micro model	31/12/2024	22/05/2025	11/06/2025	French	PDF
Micro model	31/12/2023	22/05/2024	13/06/2024	French	PDF
Micro model	31/12/2022	16/05/2023	18/08/2023	French	PDF
Micro model	31/12/2021	17/05/2022	02/08/2022	French	PDF
Micro model	31/12/2020	18/10/2021	26/10/2021	French	PDF
Micro model	31/12/2019	23/06/2020	05/08/2020	French	PDF
Micro model	31/12/2018	04/06/2019	29/07/2019	French	PDF
Micro model	31/12/2017	15/05/2018	30/01/2019	French	PDF
Micro model	31/12/2016	23/05/2017	06/07/2017	French	PDF
Abridged model	31/12/2015	26/05/2016	25/08/2016	French	PDF
Abridged model	31/12/2014	19/05/2015	19/06/2015	French	PDF
Abridged model	31/12/2013	20/05/2014	02/06/2014	French	PDF
Abridged model	31/12/2012	21/05/2013	21/06/2013	French	PDF
Abridged model	31/12/2011	15/05/2012	14/06/2012	French	PDF
Abridged model	31/12/2010	17/05/2011	18/05/2011	French	PDF
Abridged model	31/12/2009	25/05/2010	26/05/2010	French	PDF
Abridged model	31/12/2008	19/05/2009	20/05/2009	French	PDF
Abridged model	31/12/2007	20/05/2008	23/05/2008	French	PDF
Abridged model	31/12/2006	21/05/2007	07/06/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 · 4 active · 19 ended

Active mandates

Aloïs Adrien Chevalier Mencik von Zebinsky

Director · since 22 mai 2024 · until 15 mai 2030

Active

Aloïs Alexandre Chevalier Mencik von Zebinsky

Director · since 22 mai 2024 · until 15 mai 2030

Active

Cyril Janssen de la Boëssière-Thiennes

Director · since 22 mai 2024 · until 15 mai 2030

Active

Gaëlle Janssen de la Boëssière-Thiennes

Director · since 22 mai 2024 · until 15 mai 2030

Active

Ended mandates

Aloïs Adrien Mencik Von Zebinsky

Director · since 17 mai 2022 · until 15 mai 2024

Ended

Aloïs Alexandre Chevalier Mencik Von Zebinsky

Director · since 15 mai 2018 · until 15 mai 2024

Ended

Cyril Janssen de la Boëssière-Thiennes

Director · since 15 mai 2018 · until 15 mai 2024

Ended

Elisabeth Comtesse de la Boëssière-Thiennes

Director · since 15 mai 2018 · until 15 mai 2024

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates21/08/2024
DEMISSIONS, NOMINATIONS
PDF
Other20/12/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates06/07/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates10/07/2018
DEMISSIONS, NOMINATIONS
PDF
Registered office10/12/2014
SIEGE SOCIAL
PDF
Mandates05/07/2012
DEMISSIONS, NOMINATIONS
PDF
Capital / shares16/01/2012
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates02/06/2009
DEMISSIONS, NOMINATIONS
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 2025297,1 k €↑
2024
Annual accounts 2024118,4 k €↓
2023
Annual accounts 2023121,8 k €↑
2022
Annual accounts 202297,4 k €↓
2021
Annual accounts 2021120,2 k €↑
2020
Annual accounts 2020115,6 k €↓
2019
Annual accounts 2019121,1 k €↑
2018
Annual accounts 201838,7 k €↑
2017
Annual accounts 201710,9 k €↑
2016
Annual accounts 2016-13 k €↓
2015
Annual accounts 201574,1 k €↓
2014
Annual accounts 201498,4 k €↑
2013
Annual accounts 201383,7 k €↑
2012
Annual accounts 201257,6 k €↓
2011
Annual accounts 201176,9 k €↓
2010
Annual accounts 201080,3 k €↑
2009
Annual accounts 200910,5 k €↓
2008
Annual accounts 200825 k €↓
2007
Annual accounts 200792,3 k €↑
2006
Annual accounts 200613,5 k €
05/07/1988
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

ELMINA

Overview

What does ELMINA do?

Trend over 20 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