ACTIVE

Elfri.be

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Financial year 2025 · closed on 31/12/2025

Net result

154,9 k €

+34.8% YoY

Gross margin

247,7 k €

+7.4% YoY

Equity

460 k €

-18.8% YoY

What does Elfri.be do?

Elfri.be is a Private limited company incorporated in 1997. Its main activity is: Legal activities. Its registered office is in Oudenaarde.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0462.301.703

Incorporation

30/12/1997

Legal form

Private limited company

Registered office

Stationsstraat 29
9700 Oudenaarde · FlandreSee on map

Contributed capital

12 407,99 €

Latest accounts

31/12/2025

Activities (NACE)

69101Legal activities· main 69101Legal activities

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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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	247,7 k €	+7.4%	230,6 k €	-18.1%	281,7 k €	-1.7%	286,4 k €	+53.0%	187,1 k €	+50.8%	124,1 k €	-9.4%	137 k €	+59.0%	86,1 k €	-10.9%	96,7 k €	+193%	33 k €	-73.5%	124,4 k €	-11.3%	140,2 k €	+6.9%	131,2 k €	-40.0%	218,9 k €	-37.2%	348,5 k €	+85.9%	187,4 k €	+25.5%	149,3 k €	-22.1%	191,6 k €	+64.9%	116,2 k €	+102%	57,5 k €
EBITDA	227,5 k €	+34.2%	169,5 k €	-23.1%	220,5 k €	-4.5%	231 k €	+67.9%	137,5 k €	+83.8%	74,8 k €	-14.1%	87,1 k €	+113%	41 k €	-13.9%	47,6 k €	+670%	-8,3 k €	-112%	69,2 k €	+123%	31 k €	-54.7%	68,5 k €	-51.7%	141,7 k €	+5.7%	134,1 k €	+57.1%	85,4 k €	-8.0%	92,8 k €	-40.7%	156,5 k €	+86.9%	83,7 k €	+205%	27,4 k €
Operating result	216,8 k €	+37.1%	158,1 k €	-24.4%	209,1 k €	-3.8%	217,5 k €	+69.3%	128,4 k €	+133%	55,1 k €	-18.3%	67,4 k €	+456%	12,1 k €	-42.2%	21 k €	+160%	-34,9 k €	-168%	51,1 k €	+709%	6,3 k €	-72.4%	22,9 k €	-73.6%	86,7 k €	+11.5%	77,7 k €	+72.0%	45,2 k €	-35.5%	70 k €	-49.6%	138,8 k €	+138%	58,3 k €	+17338%	-338 €
Net result	154,9 k €	+34.8%	114,9 k €	-19.0%	142 k €	-2.7%	145,9 k €	+73.6%	84,1 k €	+140%	35 k €	-13.2%	40,3 k €	+405%	8 k €	-64.4%	22,4 k €	+170%	-31,9 k €	-195%	33,4 k €	+884%	3,4 k €	-80.5%	17,4 k €	-69.5%	57 k €	+18.1%	48,3 k €	+48.8%	32,4 k €	-45.1%	59,1 k €	-38.8%	96,6 k €	+88.9%	51,1 k €	+867%	5,3 k €
Balance sheet
Equity	460 k €	-18.8%	566,8 k €	+15.6%	490,6 k €	+38.2%	354,9 k €	+53.4%	231,4 k €	+26.9%	182,3 k €	+22.4%	149 k €	+35.1%	110,3 k €	-57.8%	261,4 k €	+9.4%	239,1 k €	-11.8%	270,9 k €	+14.1%	237,5 k €	+1.5%	234,1 k €	-7.0%	251,6 k €	+29.3%	194,6 k €	+18.4%	164,4 k €	-47.3%	311,9 k €	+23.4%	252,9 k €	-1.3%	256,3 k €	+24.9%	205,1 k €
Total assets	772,9 k €	+18.9%	650,2 k €	+16.2%	559,7 k €	+25.1%	447,3 k €	+53.1%	292,2 k €	+2.8%	284,3 k €	+18.3%	240,4 k €	+9.3%	220 k €	-21.0%	278,5 k €	+10.7%	251,6 k €	-32.8%	374,3 k €	+8.0%	346,4 k €	-3.3%	358,1 k €	-5.2%	377,8 k €	-3.5%	391,5 k €	-20.4%	492 k €	+19.9%	410,4 k €	-22.2%	527,4 k €	+19.9%	439,8 k €	+9.7%	400,8 k €
Cash	511,6 k €	+33.4%	383,4 k €	-7.4%	414 k €	+17.8%	351,6 k €	+49.1%	235,8 k €	+8.2%	217,8 k €	+28.6%	169,4 k €	+28.1%	132,2 k €	-4.5%	138,4 k €	+103%	68,1 k €	-73.0%	252,9 k €	+31.3%	192,6 k €	-20.4%	241,9 k €	-1.2%	244,8 k €	+20.3%	203,5 k €	-39.9%	338,3 k €	+3.6%	326,7 k €	-27.0%	447,2 k €	+24.5%	359,3 k €	+16.8%	307,7 k €
Debts	312,9 k €	+283%	81,6 k €	+21.2%	67,4 k €	-25.6%	90,5 k €	+55.3%	58,3 k €	-41.4%	99,4 k €	+14.0%	87,2 k €	-17.0%	105,1 k €	+809%	11,6 k €	+57.2%	7,4 k €	-53.5%	15,8 k €	-32.5%	23,5 k €	-38.1%	37,9 k €	-8.8%	41,6 k €	-62.7%	111,3 k €	-65.7%	324 k €	+240%	95,3 k €	-65.0%	272,3 k €	+51.3%	180 k €	-6.5%	192,6 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		1,3 ETP	-53.6%	2,8 ETP	+33.3%	2,1 ETP	0.0%	2,1 ETP	-44.7%	3,8 ETP	+31.0%	2,9 ETP	+61.1%	1,8 ETP	+63.6%	1,1 ETP	0.0%	1,1 ETP	0.0%	1,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

ELFRI DE NEVE

Manager

Active

Ended mandates

ELFRI DE NEVE

Director

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	31/08/2026	25/07/2025	28/06/2024	18/09/2023	22/08/2022	01/07/2021
General meeting	31/08/2026	28/06/2025	01/06/2024	07/09/2023	04/06/2022	05/06/2021
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

22 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	31/08/2026	31/08/2026	Dutch	PDF
Micro model	31/12/2024	28/06/2025	25/07/2025	Dutch	PDF
Micro model	31/12/2023	01/06/2024	28/06/2024	Dutch	PDF
Micro model	31/12/2022	07/09/2023	18/09/2023	Dutch	PDF
Micro model	31/12/2021	04/06/2022	22/08/2022	Dutch	PDF
Micro model	31/12/2020	05/06/2021	01/07/2021	Dutch	PDF
Micro model	31/12/2019	29/06/2020	16/07/2020	Dutch	PDF
Micro model	31/12/2018	01/06/2019	17/06/2019	Dutch	PDF
Micro model	31/12/2017	02/06/2018	28/06/2018	Dutch	PDF
Micro model	31/12/2016	30/06/2017	28/07/2017	Dutch	PDF
Abridged model	31/12/2015	04/06/2016	01/07/2016	Dutch	PDF
Abridged modelCorrection	31/12/2014	03/08/2015	22/09/2015	Dutch	PDF
Abridged model	31/12/2014	03/08/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	12/07/2014	08/08/2014	Dutch	PDF
Abridged model	31/12/2012	27/07/2013	22/08/2013	Dutch	PDF
Abridged model	31/12/2011	11/08/2012	29/08/2012	Dutch	PDF
Abridged modelCorrection	31/12/2010	25/06/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2010	25/06/2011	20/07/2011	Dutch	PDF
Abridged model	31/12/2009	26/08/2010	30/08/2010	Dutch	PDF
Abridged model	31/12/2008	08/08/2009	27/08/2009	Dutch	PDF
Abridged model	31/12/2007	09/08/2008	27/08/2008	Dutch	PDF
Abridged model	31/12/2006	28/07/2007	20/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 1 active · 1 ended

Active mandates

ELFRI DE NEVE

Manager

Active

Ended mandates

ELFRI DE NEVE

Director

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates14/12/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Capital / shares20/06/2018
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - KAPITAAL - AANDELEN
PDF
Capital / shares27/01/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares20/02/2004
ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025154,9 k €↑
2024
Annual accounts 2024114,9 k €↓
2023
Annual accounts 2023142 k €↓
2022
Annual accounts 2022145,9 k €↑
2021
Annual accounts 202184,1 k €↑
2020
Annual accounts 202035 k €↓
2019
Annual accounts 201940,3 k €↑
2018
Annual accounts 20188 k €↓
2017
Annual accounts 201722,4 k €↑
2016
Annual accounts 2016-31,9 k €↓
2015
Annual accounts 201533,4 k €↑
2014
Annual accounts 20143,4 k €↓
2013
Annual accounts 201317,4 k €↓
2012
Annual accounts 201257 k €↑
2011
Annual accounts 201148,3 k €↑
2010
Annual accounts 201032,4 k €↓
2009
Annual accounts 200959,1 k €↓
2008
Annual accounts 200896,6 k €↑
2007
Annual accounts 200751,1 k €↑
2006
Annual accounts 20065,3 k €
30/12/1997
IncorporationPrivate 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

Elfri.be

Overview

What does Elfri.be 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