ACTIVE

Elft

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Financial year 2024 · closed on 31/12/2024

Net result

19,7 k €

+65.5% YoY

Gross margin

690,1 k €

-5.7% YoY

Equity

471,2 k €

-0.8% YoY

Workforce

10,5 ETP

+5.0% YoY

What does Elft do?

Elft is a Private company with limited liability incorporated in 1992. Its registered office is in Antwerpen. It employs on average 10,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0446.826.936

Incorporation

04/03/1992

Legal form

Private company with limited liability

Registered office

Boterhamvaartweg 2
2030 Antwerpen · FlandreSee on map

Contributed capital

18 592,01 €

Latest accounts

31/12/2024

Average workforce

10,5 ETP

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	690,1 k €	-5.7%	732,1 k €	+3.9%	704,7 k €	+27.3%	553,6 k €	+36.4%	405,8 k €	-28.6%	568,1 k €	+3.5%	548,8 k €	-5.9%	583,1 k €	-8.8%	639,7 k €	+1.1%	632,8 k €	+33.2%	475,1 k €	-6.6%	508,7 k €	-19.5%	632,1 k €	+30.5%	484,2 k €	-40.0%	807 k €	-8.5%	882,4 k €	+9.2%	807,8 k €	+52.4%	530,1 k €	+0.3%	528,3 k €
EBITDA	77,9 k €	-32.1%	114,7 k €	+22.2%	93,8 k €	+78.6%	52,5 k €	+219%	-44,3 k €	-156%	79,7 k €	-19.1%	98,5 k €	+49.6%	65,8 k €	-31.3%	95,8 k €	-26.0%	129,5 k €	+580%	19,1 k €	-71.4%	66,5 k €	-43.9%	118,6 k €	+228%	-93 k €	-212%	83,2 k €	-46.7%	156 k €	-0.7%	157 k €	+178%	56,5 k €	-36.3%	88,7 k €
Operating result	31,6 k €	-49.7%	62,7 k €	+24.1%	50,6 k €	+422%	9,7 k €	+111%	-87 k €	-330%	37,8 k €	-27.6%	52,1 k €	+134%	22,3 k €	-54.3%	48,7 k €	-42.0%	84 k €	+491%	-21,5 k €	-214%	18,8 k €	-64.1%	52,5 k €	+135%	-150,7 k €	-2012%	7,9 k €	-91.0%	87,3 k €	-9.8%	96,7 k €	+1004%	8,8 k €	-74.2%	34 k €
Net result	19,7 k €	+65.5%	11,9 k €	-52.0%	24,8 k €	-38.4%	40,3 k €	+143%	-92,9 k €	-696%	15,6 k €	-59.7%	38,7 k €	+622%	5,4 k €	-67.7%	16,6 k €	-77.7%	74,6 k €	+661%	9,8 k €	-89.0%	89,2 k €	+960%	-10,4 k €	+88.9%	-93,2 k €	-3432%	2,8 k €	-95.4%	61 k €	-21.3%	77,4 k €	+954%	7,3 k €	-52.3%	15,4 k €
Balance sheet
Equity	471,2 k €	-0.8%	475 k €	+2.6%	463,1 k €	+5.7%	438,3 k €	+10.1%	398 k €	-18.9%	490,8 k €	+3.3%	475,3 k €	+7.6%	441,6 k €	+1.2%	436,2 k €	+4.0%	419,6 k €	+21.6%	345 k €	+2.9%	335,2 k €	+36.3%	246 k €	-4.0%	256,4 k €	-26.7%	349,6 k €	+0.5%	347,8 k €	+20.9%	287,8 k €	+36.2%	211,3 k €	+3.1%	204,9 k €
Total assets	1 M €	-0.6%	1 M €	+5.6%	967,8 k €	+1.2%	956,5 k €	-0.8%	963,7 k €	-11.3%	1,1 M €	+7.1%	1 M €	-20.6%	1,3 M €	-4.8%	1,3 M €	+29.4%	1 M €	-2.2%	1,1 M €	+5.2%	1 M €	+2.1%	988 k €	-16.3%	1,2 M €	+6.9%	1,1 M €	+34.6%	820,2 k €	+34.5%	610 k €	-4.0%	635,1 k €	-13.2%	731,3 k €
Cash	198,4 k €	+11.5%	177,9 k €	+64.7%	108 k €	+38.7%	77,9 k €	-40.4%	130,7 k €	-49.6%	259,5 k €	+28.4%	202 k €	+6.8%	189,1 k €	+651%	25,2 k €	-69.0%	81,2 k €	+118%	37,2 k €	-77.2%	163,1 k €	+70.3%	95,8 k €	+177%	34,6 k €	-84.4%	221,5 k €	-10.2%	246,6 k €	+137%	103,9 k €	+73.7%	59,8 k €	-73.3%	223,8 k €
Debts	541,9 k €	+27.0%	426,7 k €	-15.0%	502 k €	-3.1%	518,2 k €	-8.4%	565,8 k €	-5.1%	596,1 k €	+10.4%	539,8 k €	-35.5%	836,5 k €	-7.7%	906,5 k €	+46.6%	618,2 k €	-13.7%	716,2 k €	+6.3%	673,7 k €	-9.2%	742 k €	-2.2%	758,5 k €	+9.9%	690,4 k €	+69.0%	408,4 k €	+58.2%	258,2 k €	-36.9%	409,5 k €	-22.2%	526,4 k €
Other
Workforce	10,5 ETP	+5.0%	10,0 ETP		–		–		9,0 ETP	-6.2%	9,6 ETP	+4.3%	9,2 ETP	-12.4%	10,5 ETP	-7.9%	11,4 ETP	+21.3%	9,4 ETP	0.0%	9,4 ETP	0.0%	9,4 ETP	-14.5%	11,0 ETP	-10.6%	12,3 ETP	-24.5%	16,3 ETP	+2.5%	15,9 ETP	+18.7%	13,4 ETP	+11.7%	12,0 ETP	+15.4%	10,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 3 ended

Active mandates

ELFT PROJECTS

Director · since 01 octobre 2024 · 0809.834.291

Active

William Pauwels

Vast vertegenwoordiger rechtspersoon · since 16 mars 1992

Active

Ended mandates

WILLIAM PAUWELS

Manager · since 27 mars 1993

Ended

William Pauwels

Director · since 16 mars 1992

Ended

William Pauwels

Administrator - manager · since 16 mars 1992

Ended

At this address

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Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Micro model	Micro model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/08/2025	31/12/2024	09/10/2023	07/08/2022	10/01/2022	12/10/2020
General meeting	23/06/2025	31/07/2024	30/09/2023	07/07/2022	30/09/2021	15/09/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	23/06/2025	27/08/2025	Dutch	PDF
Abridged model	31/12/2023	31/07/2024	31/12/2024	Dutch	PDF
Micro model	31/12/2022	30/09/2023	09/10/2023	Dutch	PDF
Micro model	31/12/2021	07/07/2022	07/08/2022	Dutch	PDF
Abridged model	31/12/2020	30/09/2021	10/01/2022	Dutch	PDF
Abridged model	31/12/2019	15/09/2020	12/10/2020	Dutch	PDF
Abridged model	31/12/2018	14/08/2019	30/08/2019	Dutch	PDF
Abridged model	31/12/2017	02/06/2018	31/08/2018	Dutch	PDF
Abridged model	31/12/2016	31/07/2017	29/09/2017	Dutch	PDF
Abridged model	31/12/2015	20/10/2016	18/11/2016	Dutch	PDF
Abridged model	31/12/2014	31/08/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	30/07/2014	Dutch	PDF
Abridged model	31/12/2012	22/04/2013	29/04/2013	Dutch	PDF
Abridged model	31/12/2011	30/08/2012	31/08/2012	Dutch	PDF
Abridged model	31/12/2010	30/09/2011	30/09/2011	Dutch	PDF
Abridged model	31/12/2009	16/09/2010	29/09/2010	Dutch	PDF
Abridged model	31/12/2008	21/09/2009	30/09/2009	Dutch	PDF
Abridged model	31/12/2007	30/09/2008	30/09/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	31/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 31/12/2024 · 2 active · 3 ended

Active mandates

ELFT PROJECTS

Director · since 01 octobre 2024 · 0809.834.291

Active

William Pauwels

Vast vertegenwoordiger rechtspersoon · since 16 mars 1992

Active

Ended mandates

WILLIAM PAUWELS

Manager · since 27 mars 1993

Ended

William Pauwels

Director · since 16 mars 1992

Ended

William Pauwels

Administrator - manager · since 16 mars 1992

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring14/03/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates13/02/2025
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring30/06/2021
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
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

2024
Annual accounts 202419,7 k €↑
2023
Annual accounts 202311,9 k €↓
2022
Annual accounts 202224,8 k €↓
2021
Annual accounts 202140,3 k €↑
2020
Annual accounts 2020-92,9 k €↓
2019
Annual accounts 201915,6 k €↓
2018
Annual accounts 201838,7 k €↑
2017
Annual accounts 20175,4 k €↓
2016
Annual accounts 201616,6 k €↓
2015
Annual accounts 201574,6 k €↑
2014
Annual accounts 20149,8 k €↓
2013
Annual accounts 201389,2 k €↑
2012
Annual accounts 2012-10,4 k €↑
2011
Annual accounts 2011-93,2 k €↓
2010
Annual accounts 20102,8 k €↓
2009
Annual accounts 200961 k €↓
2008
Annual accounts 200877,4 k €↑
2007
Annual accounts 20077,3 k €↓
2006
Annual accounts 200615,4 k €
04/03/1992
IncorporationPrivate company with limited liability

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

Elft

Overview

What does Elft do?

Trend over 19 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