ACTIVE

ELFIQUE

Financial year 2025 · Closed on 31/12/2025

Net result-712,6 k €-65,7 %over 1 year
Gross margin277,5 k €-46,1 %over 1 year
Equity1,8 M €+55,2 %over 1 year

Identity

Source · BCE/KBO

ELFIQUE is a Public limited company incorporated in 2016. Its main activity is: Manufacture of beer. Its registered office is in Aywaille.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0666.902.615
Incorporation
02/12/2016
Legal form
Public limited company
Registered office
Rue de Raborive 2
4920 Aywaille · Wallonie
Contributed capital
4 082 949,37 €
Latest accounts
31/12/2025
Joint committees (2)
  • 118
  • 220
Signals
Solid equity

Financials

Source · NBB, 10 filings

Trend over 9 financial years

20252024202320222021
Income statement
Gross margin277,5 k €514,7 k €360 k €315,5 k €717,3 k €
EBITDA-289,1 k €61,8 k €-55,3 k €-33,6 k €385,8 k €
Operating result-660,9 k €-308,7 k €-429 k €-390,3 k €197,1 k €
Net result-712,6 k €-429,9 k €-490,7 k €-440,1 k €357,7 k €
Balance sheet
Equity1,8 M €1,1 M €1,6 M €1,5 M €2 M €
Total assets5,2 M €5,4 M €5,6 M €5,8 M €5,5 M €
Cash448,9 k €43,4 k €509 €14 k €263,7 k €
Debts3,4 M €4,1 M €3,9 M €4,2 M €3,5 M €
Other
Workforce–7,6 ETP7,6 ETP7,1 ETP8,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 15 ended

Active mandates

Axel KNAUF

Director · until 28 mai 2027

Active
PRACO

Director · until 28 mai 2027 · 0443.979.094

Represented by HEEREN Hugo

Active
Sebastian KNAUF

Director · until 28 mai 2027

Active
William BREUER

Director · until 28 mai 2027

Active

Ended mandates

Louis VAN DEN ABBEELE

Director · since 06 juillet 2021 · until 27 mai 2027

Ended
Michaël VANLOUBBEECK

Director · since 06 juillet 2021 · until 27 mai 2027

Ended
NOSHAQ PARTNERS

Director · since 06 juillet 2021 · until 27 mai 2027 · 0808.219.836

Represented by Joiret Bertrand

Ended
PRACO

Director · since 06 juillet 2021 · until 27 mai 2027 · 0443.979.094

Represented by Hugo Heeren

Ended

Other companies at this address

Rue de Raborive 2 4920 Aywaille
CompanyCBE no.
BOBELINE & CIE● Active
0638.927.815
PRACO● Active
0443.979.094

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelAbridged modelAbridged modelAbridged 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 date10/09/202629/08/202530/08/202406/07/202303/06/202230/07/2021
General meeting29/07/202630/06/202504/07/202409/06/202327/05/202206/07/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 10 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro modelCorrection31/12/202529/07/202610/09/2026FrenchPDF
Micro model31/12/202524/07/202604/08/2026FrenchPDF
Abridged model31/12/202430/06/202529/08/2025FrenchPDF
Abridged model31/12/202304/07/202430/08/2024FrenchPDF
Abridged model31/12/202209/06/202306/07/2023FrenchPDF
Abridged model31/12/202127/05/202203/06/2022FrenchPDF
Abridged model31/12/202006/07/202130/07/2021FrenchPDF
Micro model31/12/201927/08/202028/09/2020FrenchPDF
Micro model31/12/201817/07/201930/07/2019FrenchPDF
Micro model31/12/201728/05/201826/06/2018FrenchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 15 ended

Active mandates

Axel KNAUF

Director · until 28 mai 2027

Active
PRACO

Director · until 28 mai 2027 · 0443.979.094

Represented by HEEREN Hugo

Active
Sebastian KNAUF

Director · until 28 mai 2027

Active
William BREUER

Director · until 28 mai 2027

Active

Ended mandates

Louis VAN DEN ABBEELE

Director · since 06 juillet 2021 · until 27 mai 2027

Ended
Michaël VANLOUBBEECK

Director · since 06 juillet 2021 · until 27 mai 2027

Ended
NOSHAQ PARTNERS

Director · since 06 juillet 2021 · until 27 mai 2027 · 0808.219.836

Represented by Joiret Bertrand

Ended
PRACO

Director · since 06 juillet 2021 · until 27 mai 2027 · 0443.979.094

Represented by Hugo Heeren

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Capital / shares09/12/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Mandates17/12/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/11/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates20/10/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/10/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares24/05/2023
    CAPITAL, ACTIONS
    PDF
  • Mandates13/07/2021
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - OBJET - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates14/12/2020
    DEMISSIONS, NOMINATIONS
    PDF

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 2025-712,6 k €↓
  2. 2024
    Annual accounts 2024-429,9 k €↑
  3. 2023
    Annual accounts 2023-490,7 k €↓
  4. 2022
    Annual accounts 2022-440,1 k €↓
  5. 2021
    Annual accounts 2021357,7 k €↑
  6. 2020
    Annual accounts 202085,6 k €↑
  7. 2019
    Annual accounts 2019-207,8 k €↑
  8. 2018
    Annual accounts 2018-298,3 k €↓
  9. 2017
    Annual accounts 2017-207,9 k €
  10. 02/12/2016
    IncorporationPublic limited company