ACTIVE

Elft

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Financial year 2024 · Closed on 31/12/2024

Net result19,7 k €+65,5 %over 1 year

Gross margin690,1 k €-5,7 %over 1 year

Equity471,2 k €-0,8 %over 1 year

Workforce10,5 ETP+5,0 %over 1 year

Identity

Source · BCE/KBO

Elft is a Private company with limited liability incorporated in 1992. Its main activity is: Repair and maintenance of ships and boats. 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

Activities (NACE)

33150Repair and maintenance of ships and boats· main 33150Repair and maintenance of ships and boats 35110Production of electricity 43320Joinery installation 43320Joinery installation 45421Sale, maintenance and repair of motorcycles and related parts and accessories

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 19 financial years

	2024		2023		2022		2021		2020
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 €
EBITDA	77,9 k €	-32.1%	114,7 k €	+22.2%	93,8 k €	+78.6%	52,5 k €	+219%	-44,3 k €
Operating result	31,6 k €	-49.7%	62,7 k €	+24.1%	50,6 k €	+422%	9,7 k €	+111%	-87 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 €
Balance sheet
Equity	471,2 k €	-0.8%	475 k €	+2.6%	463,1 k €	+5.7%	438,3 k €	+10.1%	398 k €
Total assets	1 M €	-0.6%	1 M €	+5.6%	967,8 k €	+1.2%	956,5 k €	-0.8%	963,7 k €
Cash	198,4 k €	+11.5%	177,9 k €	+64.7%	108 k €	+38.7%	77,9 k €	-40.4%	130,7 k €
Debts	541,9 k €	+27.0%	426,7 k €	-15.0%	502 k €	-3.1%	518,2 k €	-8.4%	565,8 k €
Other
Workforce	10,5 ETP	+5.0%	10,0 ETP		–		–		9,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

2 active

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ELFT PROJECTS0809.834.291	Directorsince 01/10/2024
WILLIAM PAUWELS	Vast vertegenwoordiger rechtspersoonsince 16/03/1992Manager27/03/1993 → 2015 accountsendedDirector16/03/1992 → 2019 accountsendedAdministrator - manager16/03/1992 → 2023 accountsended

Other companies at this address

Boterhamvaartweg 2 2030 Antwerpen

Company	CBE no.
Added Value Industrial Services● Active	0754.656.238
ANTEC● Active	0460.525.613
ANTWERP DIESEL REPAIR● Active	0467.018.376
ANTWERP MARITIME ENGINEERING & CONSULTANCY● Active	0849.741.279
Antwerp Naval Repairs● Active	0422.847.645
BARGE CRANES BELGIUM● Active	0867.074.981
DOK 138● Active	0466.083.218
ELFT PROJECTS● Active	0809.834.291
Emco Capital● Active	1010.891.735
ERNA SHIPPING● Active	0599.761.688
FEMM Antwerpen● Active	0876.294.931
Industrial & Marine Solutions● Active	0639.957.597
INES● Active	0691.842.107
LAS - SERVICE● Active	0429.108.006
Las-Service Groep● Active	0820.281.983
LOTOVU INVESTMENTS● Active	1039.099.533
Marine Repair & Consulting● Active	0820.086.401
Powerpartstore● Active	0699.614.082
STEJA TRANSPORT INTERNATIONAL● Active	0458.982.224
Struyf Invest● Active	0817.561.332

Full financial information

Source · NBB

	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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings

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

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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.

Board of directors

Source · NBB, accounts to 31/12/2024

2 active

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ELFT PROJECTS0809.834.291	Directorsince 01/10/2024
WILLIAM PAUWELS	Vast vertegenwoordiger rechtspersoonsince 16/03/1992Manager27/03/1993 → 2015 accountsendedDirector16/03/1992 → 2019 accountsendedAdministrator - manager16/03/1992 → 2023 accountsended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

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

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

Filings19 filings

Mandates

ELFT PROJECTS

William Pauwels

19921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

Elft

Boterhamvaartweg 2, 2030 Antwerp-2030

Director

Vast vertegenwoordiger rechtspersoonManagerDirectorAdministrator - manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Boterhamvaartweg 2, 2030 Antwerp-2030Current	accounts 2021 → 2024	Accounts 2024 · 2025-00410082

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
ElftCurrent	accounts 2021 → 2024	Accounts 2024 · 2025-00410082

Events

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

Elft

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events