ACTIVE

ELIPSE

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Financial year 2025 · closed on 31/12/2025

Net result

4,5 M €

-22.4% YoY

Gross margin

9,3 M €

-13.1% YoY

Equity

2,4 M €

+26.6% YoY

Workforce

18,5 ETP

-7.5% YoY

What does ELIPSE do?

ELIPSE is a Public limited company incorporated in 1990. Its main activity is: Wholesale of machinery for the textile industry and of sewing and knitting machines. Its registered office is in Schoten. It employs on average 18,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0440.766.119

Incorporation

06/06/1990

Legal form

Public limited company

Registered office

Wijtschotbaan 5
2900 Schoten · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Average workforce

18,5 ETP

Activities (NACE)

46643Wholesale of machinery for the textile industry and of sewing and knitting machines· main 46693Wholesale of other machinery and equipment 51871Air transport

Joint committees (2)

Contacts

1 public detail availableLog in to view

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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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	9,3 M €	-13.1%	10,7 M €	+11.5%	9,6 M €	+12.4%	8,5 M €	+24.0%	6,9 M €	+42.5%	4,8 M €	+18.9%	4,1 M €	+21.9%	3,3 M €	+20.3%	2,8 M €	+19.6%	2,3 M €	+21.0%	1,9 M €	+12.3%	1,7 M €	-4.2%	1,8 M €	+9.4%	1,6 M €	-27.9%	2,3 M €	+42.0%	1,6 M €	+92.4%	825,9 k €	-18.8%	1 M €	-30.0%	1,5 M €	+10.2%	1,3 M €
EBITDA	6,4 M €	-19.7%	8 M €	+15.4%	6,9 M €	+9.3%	6,3 M €	+21.6%	5,2 M €	+47.1%	3,5 M €	+23.6%	2,9 M €	+28.0%	2,2 M €	+17.3%	1,9 M €	+15.3%	1,7 M €	+40.1%	1,2 M €	+26.4%	934,9 k €	-16.7%	1,1 M €	+15.6%	971 k €	-39.0%	1,6 M €	+55.1%	1 M €	+266%	280,4 k €	-31.5%	409,5 k €	-55.5%	919,3 k €	+12.1%	820,2 k €
Operating result	6,2 M €	-20.2%	7,8 M €	+15.2%	6,7 M €	+8.6%	6,2 M €	+21.5%	5,1 M €	+50.6%	3,4 M €	+23.1%	2,8 M €	+31.4%	2,1 M €	+20.0%	1,7 M €	+14.9%	1,5 M €	+47.2%	1 M €	+31.0%	787,7 k €	-21.2%	999,4 k €	+6.6%	937,2 k €	-40.5%	1,6 M €	+43.6%	1,1 M €	+395%	221,2 k €	-29.2%	312,5 k €	-61.1%	803,7 k €	+6.9%	751,5 k €
Net result	4,5 M €	-22.4%	5,8 M €	+18.6%	4,9 M €	+6.4%	4,6 M €	+25.2%	3,7 M €	+50.3%	2,4 M €	+22.8%	2 M €	+27.8%	1,6 M €	+13.6%	1,4 M €	+31.5%	1 M €	+35.4%	769,4 k €	+32.2%	582,1 k €	-18.7%	716,1 k €	+6.8%	670,4 k €	-38.1%	1,1 M €	+44.6%	749 k €	+321%	178 k €	-12.8%	204,1 k €	-63.0%	551,2 k €	+5.8%	520,8 k €
Balance sheet
Equity	2,4 M €	+26.6%	1,9 M €	-70.1%	6,2 M €	+361%	1,4 M €	-65.6%	3,9 M €	+212%	1,3 M €	+7.9%	1,2 M €	-9.4%	1,3 M €	+0.1%	1,3 M €	-81.2%	6,9 M €	+17.9%	5,8 M €	+15.2%	5,1 M €	+13.0%	4,5 M €	+19.0%	3,8 M €	+21.7%	3,1 M €	+54.0%	2 M €	+37.7%	1,5 M €	+1.6%	1,4 M €	+1.4%	1,4 M €	+31.2%	1,1 M €
Total assets	10,2 M €	-1.0%	10,3 M €	-35.4%	15,9 M €	+9.3%	14,5 M €	+66.7%	8,7 M €	+132%	3,8 M €	-26.7%	5,1 M €	+45.7%	3,5 M €	-63.1%	9,5 M €	+21.6%	7,8 M €	+17.1%	6,7 M €	+15.7%	5,8 M €	+10.8%	5,2 M €	+13.5%	4,6 M €	+14.6%	4 M €	+26.1%	3,2 M €	+63.9%	1,9 M €	-9.3%	2,1 M €	-6.4%	2,3 M €	+6.8%	2,1 M €
Cash	2 M €	-13.3%	2,3 M €	-68.3%	7,2 M €	+26.2%	5,7 M €	+97.8%	2,9 M €	+1183%	224,1 k €	-90.1%	2,3 M €	+2935%	74,6 k €	-96.8%	2,3 M €	+184%	824,2 k €	-40.8%	1,4 M €	+209%	450 k €	-59.7%	1,1 M €	+25.0%	892,6 k €	-27.1%	1,2 M €	+308%	299,9 k €	-47.4%	570 k €	+96.3%	290,4 k €	+15.3%	252 k €	-25.2%	336,7 k €
Debts	7,7 M €	-7.4%	8,4 M €	-12.3%	9,5 M €	-26.0%	12,9 M €	+175%	4,7 M €	+88.1%	2,5 M €	-36.9%	4 M €	+77.6%	2,2 M €	-72.8%	8,2 M €	+795%	917,1 k €	+6.4%	862,2 k €	+18.8%	725,7 k €	-2.3%	742,9 k €	-11.5%	839,3 k €	-7.0%	902,2 k €	-21.1%	1,1 M €	+147%	462,5 k €	-34.5%	706,2 k €	-19.0%	872,2 k €	-17.9%	1,1 M €
Other
Workforce	18,5 ETP	-7.5%	20,0 ETP	-17.7%	24,3 ETP	+3.8%	23,4 ETP	+24.5%	18,8 ETP	+16.0%	16,2 ETP	+1.2%	16,0 ETP	+3.2%	15,5 ETP	+26.0%	12,3 ETP	+19.4%	10,3 ETP	-14.2%	12,0 ETP	+6.2%	11,3 ETP	+21.5%	9,3 ETP	-9.7%	10,3 ETP	+3.0%	10,0 ETP	+12.4%	8,9 ETP	-9.2%	9,8 ETP	-9.3%	10,8 ETP	+9.1%	9,9 ETP	+11.2%	8,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 19 ended

Active mandates

Catherine Van Passel

Administrator - manager · since 30 août 2023

Active

ZENIAN

Administrator - manager · since 30 août 2023 · 0881.425.835

Represented by Evert Gys

Active

Ended mandates

Catherine Van Passel

Administrator - manager · since 30 août 2023 · until 30 août 2029

Ended

ZENIAN

Managing director · since 30 août 2023 · until 30 août 2029 · 0881.425.835

Represented by Evert Gys

Ended

ZENIAN

Administrator - manager · since 30 août 2023 · until 30 août 2029 · 0881.425.835

Represented by Evert Gys

Ended

Catherine Van Passel

Director · since 26 décembre 2017 · until 26 décembre 2024

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	28/07/2026	21/08/2025	30/07/2024	30/08/2023	30/08/2022	23/07/2021
General meeting	03/06/2026	04/06/2025	05/06/2024	07/06/2023	01/06/2022	02/06/2021
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
Abridged model	31/12/2025	03/06/2026	28/07/2026	Dutch	PDF
Abridged model	31/12/2024	04/06/2025	21/08/2025	Dutch	PDF
Abridged model	31/12/2023	05/06/2024	30/07/2024	Dutch	PDF
Abridged model	31/12/2022	07/06/2023	30/08/2023	Dutch	PDF
Abridged model	31/12/2021	01/06/2022	30/08/2022	Dutch	PDF
Abridged model	31/12/2020	02/06/2021	23/07/2021	Dutch	PDF
Abridged model	31/12/2019	03/06/2020	30/10/2020	Dutch	PDF
Abridged model	31/12/2018	05/06/2019	30/08/2019	Dutch	PDF
Abridged model	31/12/2017	06/06/2018	20/07/2018	Dutch	PDF
Abridged model	31/12/2016	07/06/2017	30/08/2017	Dutch	PDF
Abridged model	31/12/2015	01/06/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	03/06/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	04/06/2014	28/08/2014	Dutch	PDF
Abridged model	31/12/2012	05/06/2013	29/08/2013	Dutch	PDF
Abridged model	31/12/2011	06/06/2012	20/08/2012	Dutch	PDF
Abridged model	31/12/2010	08/04/2011	30/08/2011	Dutch	PDF
Abridged model	31/12/2009	02/06/2010	29/07/2010	Dutch	PDF
Abridged model	31/12/2008	03/06/2009	27/08/2009	Dutch	PDF
Abridged model	31/12/2007	04/06/2008	25/08/2008	Dutch	PDF
Abridged model	31/12/2006	06/06/2007	13/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 · 2 active · 19 ended

Active mandates

Catherine Van Passel

Administrator - manager · since 30 août 2023

Active

ZENIAN

Administrator - manager · since 30 août 2023 · 0881.425.835

Represented by Evert Gys

Active

Ended mandates

Catherine Van Passel

Administrator - manager · since 30 août 2023 · until 30 août 2029

Ended

ZENIAN

Managing director · since 30 août 2023 · until 30 août 2029 · 0881.425.835

Represented by Evert Gys

Ended

ZENIAN

Administrator - manager · since 30 août 2023 · until 30 août 2029 · 0881.425.835

Represented by Evert Gys

Ended

Catherine Van Passel

Director · since 26 décembre 2017 · until 26 décembre 2024

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates05/09/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office27/12/2013
MAATSCHAPPELIJKE ZETEL
PDF
Mandates06/01/2012
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates28/07/2008
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/01/2008
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/08/2006
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/08/2005
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 20254,5 M €↓
2024
Annual accounts 20245,8 M €↑
2023
Annual accounts 20234,9 M €↑
2022
Annual accounts 20224,6 M €↑
2021
Annual accounts 20213,7 M €↑
2020
Annual accounts 20202,4 M €↑
2019
Annual accounts 20192 M €↑
2018
Annual accounts 20181,6 M €↑
2017
Annual accounts 20171,4 M €↑
2016
Annual accounts 20161 M €↑
2015
Annual accounts 2015769,4 k €↑
2014
Annual accounts 2014582,1 k €↓
2013
Annual accounts 2013716,1 k €↑
2012
Annual accounts 2012670,4 k €↓
2011
Annual accounts 20111,1 M €↑
2010
Annual accounts 2010749 k €↑
2009
Annual accounts 2009178 k €↓
2008
Annual accounts 2008204,1 k €↓
2007
Annual accounts 2007551,2 k €↑
2006
Annual accounts 2006520,8 k €
06/06/1990
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

ELIPSE

Overview

What does ELIPSE do?

Trend over 20 financial years

Indicative valuation

Board of directors

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