ACTIVE

ELBA PROJECT

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Financial year 2025 · closed on 31/12/2025
Net result
60,9 k €
+70.4% YoY
Gross margin
144,6 k €
+82.7% YoY
Equity
149,2 k €
+69.1% YoY

What does ELBA PROJECT do?

ELBA PROJECT is a Private limited company incorporated in 2015. Its main activity is: Manufacture of furniture. Its registered office is in Forest.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0633.789.882
Incorporation
13/07/2015
Legal form
Private limited company
Registered office
Bd 2me Armée Britannique 26B box 31
1190 Forest · Bruxelles
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
31001Manufacture of furniture· main31010Manufacture of office and shop furniture71112Architectural activities71112Architectural activities
Joint committees (1)
  • 124
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120202019201820172016
Income statement
Gross margin144,6 k €79,2 k €61,5 k €69,4 k €91,8 k €55,7 k €62,4 k €21,3 k €15,9 k €18,7 k €
EBITDA117 k €67,9 k €47,6 k €58,9 k €77,7 k €51 k €60,1 k €19,3 k €14,5 k €16,9 k €
Operating result88 k €52,1 k €17,6 k €32,1 k €42,8 k €19,7 k €23,7 k €5 k €3,9 k €9,6 k €
Net result60,9 k €35,8 k €12,7 k €22,7 k €32,2 k €17,4 k €22,6 k €4,1 k €2 k €5,8 k €
Balance sheet
Equity149,2 k €88,2 k €105,4 k €125,4 k €102,7 k €70,5 k €40,7 k €18,2 k €14 k €12 k €
Total assets254,4 k €212,4 k €161 k €155,6 k €182,1 k €186,5 k €211,7 k €39,7 k €26,3 k €24,5 k €
Cash27,1 k €19,7 k €29,4 k €64,6 k €60,7 k €36 k €6,4 k €3,1 k €5,9 k €1,9 k €
Debts105,3 k €124,2 k €55,5 k €30,2 k €59,5 k €112,6 k €157 k €21,5 k €12,2 k €12,5 k €
Other
Workforce––––2,0 ETP2,0 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 31/12/2025 · 2 active · 2 ended

Active mandates

Elena Bacioi

Director · since 16 décembre 2022

Active
Eugeniu Bacioi

Director · since 16 décembre 2022

Active

Ended mandates

Elena Bacioi

Mandate

Ended
Eugen Bacioi

Mandate

Ended
At this address

Other companies at this address

CompanyCBE no.
GABECO COMMUNICATION● Active
0654.899.557
I.V. ACTIV● Active
0755.570.117
SAVE CONSEILS● Active
1010.667.744
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro 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 date15/09/202629/08/202531/08/202426/08/202330/08/202231/08/2021
General meeting25/05/202626/05/202527/05/202429/05/202330/05/202231/05/2021
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

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202525/05/202615/09/2026FrenchPDF
Micro model31/12/202426/05/202529/08/2025FrenchPDF
Micro model31/12/202327/05/202431/08/2024FrenchPDF
Micro model31/12/202229/05/202326/08/2023FrenchPDF
Abridged model31/12/202130/05/202230/08/2022FrenchPDF
Abridged model31/12/202031/05/202131/08/2021FrenchPDF
Abridged model31/12/201908/09/202027/11/2020FrenchPDF
Abridged model31/12/201827/05/201919/08/2019FrenchPDF
Abridged model31/12/201728/05/201825/07/2018FrenchPDF
Abridged model31/12/201629/05/201714/07/2017FrenchPDF
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 31/12/2025 · 2 active · 2 ended

Active mandates

Elena Bacioi

Director · since 16 décembre 2022

Active
Eugeniu Bacioi

Director · since 16 décembre 2022

Active

Ended mandates

Elena Bacioi

Mandate

Ended
Eugen Bacioi

Mandate

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates02/03/2023
    MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office12/11/2020
    SIEGE SOCIAL
    PDF
  • Mandates08/02/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Other15/07/2015
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 202560,9 k €↑
  2. 2024
    Annual accounts 202435,8 k €↑
  3. 2023
    Annual accounts 202312,7 k €↓
  4. 2022
    Annual accounts 202222,7 k €↓
  5. 2021
    Annual accounts 202132,2 k €↑
  6. 2020
    Annual accounts 202017,4 k €↓
  7. 2019
    Annual accounts 201922,6 k €↑
  8. 2018
    Annual accounts 20184,1 k €↑
  9. 2017
    Annual accounts 20172 k €↓
  10. 2016
    Annual accounts 20165,8 k €
  11. 13/07/2015
    IncorporationPrivate limited company