ACTIVE

ELAN LANGUAGES

Financial year 2025 · closed on 31/12/2025
Net result
1,7 M €
-19.5% YoY
Revenue
8,3 M €
-15.8% YoY
Equity
2,1 M €
+72.4% YoY
Workforce
42,4 ETP
-9.2% YoY

What does ELAN LANGUAGES do?

ELAN LANGUAGES is a Public limited company incorporated in 1994. Its main activity is: Translation and interpretation activities. Its registered office is in Heusden-Zolder. It employs on average 42,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0453.420.164
Incorporation
07/09/1994
Legal form
Public limited company
Registered office
Marktplein 13
3550 Heusden-Zolder · FlandreSee on map
Contributed capital
219 068,87 €
Latest accounts
31/12/2025
Average workforce
42,4 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212020201920182017201620142013201220112010200920082007
Income statement
Revenue8,3 M €9,9 M €10,5 M €10 M €
EBITDA497,3 k €1 M €410,3 k €1,1 M €1,8 M €955 k €420,7 k €377,6 k €224,9 k €215,2 k €257,8 k €-200,5 k €92 k €358,3 k €249,3 k €275,3 k €509,2 k €369,3 k €
Operating result329,5 k €842,7 k €271,9 k €893,6 k €1,5 M €710,8 k €163,7 k €203,5 k €277,9 k €59,4 k €142,6 k €-296,9 k €-18,8 k €228,4 k €104,1 k €109,5 k €357 k €226,7 k €
Net result1,7 M €2,1 M €1,5 M €649,9 k €1,1 M €516,3 k €110,1 k €193,2 k €167,3 k €29,5 k €92,5 k €-318,8 k €-49,3 k €143,5 k €16,6 k €4,1 k €212,5 k €95,6 k €
Balance sheet
Equity2,1 M €1,2 M €1,2 M €1,2 M €1,2 M €1,4 M €1,2 M €1,1 M €880 k €712,7 k €495,7 k €403,2 k €722 k €771,3 k €627,8 k €611,2 k €607,1 k €454,7 k €
Total assets20,8 M €20,3 M €19,1 M €3,6 M €4,2 M €2,7 M €3,2 M €2,9 M €2,9 M €2,8 M €3,1 M €3,2 M €2,9 M €2,6 M €2,5 M €2,3 M €2,7 M €2,5 M €
Cash1,5 M €527,8 k €745,1 k €1,4 M €475,7 k €428,6 k €327,4 k €437,6 k €229,5 k €280,9 k €154 k €36,3 k €10,3 k €51,6 k €146,9 k €83,6 k €358,5 k €44,7 k €
Debts18,1 M €18,4 M €17,3 M €1,9 M €2,5 M €991,8 k €1,6 M €1,5 M €1,7 M €1,8 M €2,3 M €2,5 M €1,8 M €1,5 M €1,6 M €1,5 M €1,7 M €1,7 M €
Other
Workforce42,4 ETP46,7 ETP46,4 ETP39,6 ETP34,1 ETP31,6 ETP29,2 ETP28,1 ETP26,5 ETP26,7 ETP25,3 ETP26,8 ETP30,1 ETP25,8 ETP22,4 ETP24,2 ETP19,7 ETP14,9 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 30 ended

Active mandates

DynamIT

Managing director · since 23 décembre 2022 · until 26 mai 2028 · 0821.832.993

Represented by ROBRECHT BELIEN

Active
Abies grandis Consulting

Director · since 26 avril 2022 · until 26 mai 2028 · 0702.898.820

Represented by GEERT DE BLENDE

Active

Ended mandates

Elan Holding

Director · since 26 avril 2022 · until 23 décembre 2022 · 0886.776.968

Represented by ROBRECHT BELIEN

Ended
Elan Holding

Director · since 26 avril 2022 · until 26 mai 2028 · 0886.776.968

Represented by ROBRECHT BELIEN

Ended
CAPITO

Director · since 18 juin 2020 · until 22 avril 2022 · 0895.999.490

Represented by Koenraad De Smet

Ended
CAPITO

Director · since 18 juin 2020 · until 28 mai 2027 · 0895.999.490

Represented by Koenraad De Smet

Ended
At this address

Other companies at this address

CompanyCBE no.
0794.639.638
DORAKENActive
0795.264.495
DynamITActive
0821.832.993
ELAN IMMOActive
0749.847.810
NalE InvestActive
0784.212.237
RBActive
1003.056.907
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date03/06/202618/06/202501/07/202431/08/202301/06/202204/06/2021
General meeting29/05/202630/05/202519/06/202431/08/202327/05/202228/05/2021
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
Full model31/12/202529/05/202603/06/2026DutchPDF
Full model31/12/202430/05/202518/06/2025DutchPDF
Full model31/12/202319/06/202401/07/2024DutchPDF
Full model31/12/202231/08/202331/08/2023DutchPDF
Abridged model31/12/202127/05/202201/06/2022DutchPDF
Abridged model31/12/202028/05/202104/06/2021DutchPDF
Abridged model31/12/201929/05/202003/06/2020DutchPDF
Abridged model31/12/201831/05/201904/06/2019DutchPDF
Abridged model31/12/201730/03/201802/04/2018DutchPDF
Abridged model31/12/201626/05/201729/05/2017DutchPDF
Abridged model31/12/201527/05/201609/06/2016DutchPDF
Abridged model31/12/201402/04/201514/04/2015DutchPDF
Abridged model31/12/201330/05/201404/06/2014DutchPDF
Abridged model31/12/201231/05/201305/06/2013DutchPDF
Abridged model31/12/201125/05/201201/06/2012DutchPDF
Abridged model31/12/201027/05/201115/06/2011DutchPDF
Abridged model31/12/200928/05/201031/05/2010DutchPDF
Abridged model31/12/200829/05/200909/06/2009DutchPDF
Abridged model31/12/200730/05/200819/06/2008DutchPDF
Abridged model31/12/200608/03/200728/03/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 31/12/2025 · 2 active · 30 ended

Active mandates

DynamIT

Managing director · since 23 décembre 2022 · until 26 mai 2028 · 0821.832.993

Represented by ROBRECHT BELIEN

Active
Abies grandis Consulting

Director · since 26 avril 2022 · until 26 mai 2028 · 0702.898.820

Represented by GEERT DE BLENDE

Active

Ended mandates

Elan Holding

Director · since 26 avril 2022 · until 23 décembre 2022 · 0886.776.968

Represented by ROBRECHT BELIEN

Ended
Elan Holding

Director · since 26 avril 2022 · until 26 mai 2028 · 0886.776.968

Represented by ROBRECHT BELIEN

Ended
CAPITO

Director · since 18 juin 2020 · until 22 avril 2022 · 0895.999.490

Represented by Koenraad De Smet

Ended
CAPITO

Director · since 18 juin 2020 · until 28 mai 2027 · 0895.999.490

Represented by Koenraad De Smet

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates02/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/02/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring18/01/2024
    ONTSLAGEN - BENOEMINGEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring21/11/2023
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates01/03/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/01/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/05/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other04/05/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL
    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. 2025
    Annual accounts 20251,7 M €
  2. 2024
    Annual accounts 20242,1 M €
  3. 2023
    Annual accounts 20231,5 M €
  4. 2022
    Annual accounts 2022649,9 k €
  5. 2021
    Annual accounts 20211,1 M €
  6. 2020
    Annual accounts 2020516,3 k €
  7. 2019
    Annual accounts 2019110,1 k €
  8. 2018
    Annual accounts 2018193,2 k €
  9. 2017
    Annual accounts 2017167,3 k €
  10. 2016
    Annual accounts 201629,5 k €
  11. 2014
    Annual accounts 201492,5 k €
  12. 2013
    Annual accounts 2013-318,8 k €
  13. 2012
    Annual accounts 2012-49,3 k €
  14. 2011
    Annual accounts 2011143,5 k €
  15. 2010
    Annual accounts 201016,6 k €
  16. 2009
    Annual accounts 20094,1 k €
  17. 2008
    Annual accounts 2008212,5 k €
  18. 2007
    Annual accounts 200795,6 k €
  19. 07/09/1994
    IncorporationPublic limited company