ACTIVE

ELMATEC

Financial year 2024 · closed on 31/12/2024
Net result
-13,7 k €
-173.4% YoY
Gross margin
174,4 k €
+29.4% YoY
Equity
495,6 k €
-2.7% YoY
Workforce
1,9 ETP
0.0% YoY

What does ELMATEC do?

ELMATEC is a Public limited company incorporated in 1992. Its main activity is: Manufacture of electricity distribution and control apparatus. Its registered office is in Hamme (Vl.). It employs on average 1,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0447.736.162
Incorporation
01/07/1992
Legal form
Public limited company
Registered office
Aartstraat 30
9220 Hamme (Vl.) · FlandreSee on map
Contributed capital
198 314,82 €
Latest accounts
31/12/2024
Average workforce
1,9 ETP
Joint committees (5)
  • 149
  • 14901
  • 200
  • 209
  • 218
Signals
Solid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2024202320222021201820102009200820072006
Income statement
Gross margin174,4 k €134,8 k €256,1 k €238,4 k €161,4 k €494,3 k €282,7 k €113,1 k €69,3 k €64,7 k €
EBITDA83,2 k €43,2 k €171,4 k €173,5 k €85 k €389,1 k €171,4 k €48,6 k €50 k €39,6 k €
Operating result52,1 k €8,6 k €139,3 k €134,1 k €37,9 k €359,2 k €142,4 k €15,1 k €2,8 k €6 k €
Net result-13,7 k €18,7 k €50,8 k €45,7 k €2,8 k €59,3 k €44,6 k €-745 €1,1 k €3,7 k €
Balance sheet
Equity495,6 k €509,3 k €490,6 k €439,8 k €518,2 k €383,5 k €324,2 k €279,6 k €280,3 k €279,3 k €
Total assets1,3 M €1,4 M €1,5 M €2,1 M €1,5 M €1,7 M €1,2 M €1 M €604,3 k €532,8 k €
Cash78,1 k €128,2 k €92,5 k €85,4 k €148,1 k €148,9 k €135,2 k €23 k €79,6 k €121,1 k €
Debts836,3 k €844,1 k €1 M €1,7 M €1 M €1,3 M €817,8 k €698,3 k €290,1 k €227,1 k €
Other
Workforce1,9 ETP1,9 ETP1,9 ETP1,8 ETP1,8 ETP2,5 ETP2,5 ETP1,6 ETP1,5 ETP0,3 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 · 1 active · 16 ended

Active mandates

INTERNATIONAAL MARKETING EN ADVIESBUREAU

Director · since 27 octobre 2023 · until 01 mai 2028 · 0444.968.197

Represented by Bert Buyle

Active

Ended mandates

EURAMEC

Director · since 01 janvier 2015 · until 04 mai 2020 · 0444.959.586

Represented by Bert Buyle

Ended
EURAMEC

Managing director · since 01 janvier 2015 · until 04 mai 2020 · 0444.959.586

Represented by Bert Buyle

Ended
EURAMEC

Managing director · since 01 janvier 2015 · until 04 mai 2027 · 0444.959.586

Represented by Bert Buyle

Ended
INTERNATIONAAL MARKETING EN ADVIESBUREAU

Managing director · since 01 janvier 2015 · until 04 mai 2020 · 0444.968.197

Represented by Hilda De Smedt

Ended
At this address

Other companies at this address

CompanyCBE no.
0841.168.063
0821.089.657
EURAMECActive
0444.959.586
Flare GroupActive
1035.415.711
0444.968.197
Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date22/07/202502/07/202409/05/202310/06/202230/07/202130/09/2020
General meeting30/06/202526/06/202401/05/202308/06/202228/07/202101/09/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202430/06/202522/07/2025DutchPDF
Abridged model31/12/202326/06/202402/07/2024DutchPDF
Abridged model31/12/202201/05/202309/05/2023DutchPDF
Abridged model31/12/202108/06/202210/06/2022DutchPDF
Abridged model31/12/202028/07/202130/07/2021DutchPDF
Abridged model31/12/201901/09/202030/09/2020DutchPDF
Abridged model31/12/201806/05/201929/07/2019DutchPDF
Abridged model31/12/201731/05/201827/06/2018DutchPDF
Abridged model31/12/201630/06/201731/07/2017DutchPDF
Abridged model31/12/201530/06/201629/07/2016DutchPDF
Abridged model31/12/201425/07/201525/08/2015DutchPDF
Abridged model31/12/201330/06/201425/07/2014DutchPDF
Abridged model31/12/201206/05/201324/07/2013DutchPDF
Abridged model31/12/201107/06/201228/06/2012DutchPDF
Abridged model31/12/201002/05/201130/05/2011DutchPDF
Abridged model31/12/200930/06/201030/07/2010DutchPDF
Abridged model31/12/200804/05/200917/07/2009DutchPDF
Abridged modelCorrection31/12/200705/05/200806/10/2008DutchPDF
Abridged model31/12/200705/04/200801/07/2008DutchPDF
Abridged model31/12/200607/05/200701/06/2007DutchPDF
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 · 1 active · 16 ended

Active mandates

INTERNATIONAAL MARKETING EN ADVIESBUREAU

Director · since 27 octobre 2023 · until 01 mai 2028 · 0444.968.197

Represented by Bert Buyle

Active

Ended mandates

EURAMEC

Director · since 01 janvier 2015 · until 04 mai 2020 · 0444.959.586

Represented by Bert Buyle

Ended
EURAMEC

Managing director · since 01 janvier 2015 · until 04 mai 2020 · 0444.959.586

Represented by Bert Buyle

Ended
EURAMEC

Managing director · since 01 janvier 2015 · until 04 mai 2027 · 0444.959.586

Represented by Bert Buyle

Ended
INTERNATIONAAL MARKETING EN ADVIESBUREAU

Managing director · since 01 janvier 2015 · until 04 mai 2020 · 0444.968.197

Represented by Hilda De Smedt

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates10/11/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/03/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/01/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/09/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/10/2008
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/12/2003
    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

Timeline

  1. 2024
    Annual accounts 2024-13,7 k €
  2. 2023
    Annual accounts 202318,7 k €
  3. 2022
    Annual accounts 202250,8 k €
  4. 2021
    Annual accounts 202145,7 k €
  5. 2018
    Annual accounts 20182,8 k €
  6. 2010
    Annual accounts 201059,3 k €
  7. 2009
    Annual accounts 200944,6 k €
  8. 2008
    Annual accounts 2008-745 €
  9. 2007
    Annual accounts 20071,1 k €
  10. 2006
    Annual accounts 20063,7 k €
  11. 01/07/1992
    IncorporationPublic limited company