ACTIVE

Elsen Technics

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Financial year 2025 · closed on 31/12/2025
Net result
42,8 k €
+317.2% YoY
Gross margin
139,1 k €
+49.7% YoY
Equity
147,3 k €
+40.9% YoY

What does Elsen Technics do?

Elsen Technics is a Private limited company incorporated in 2017. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Aarschot.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0671.703.719
Incorporation
21/02/2017
Legal form
Private limited company
Registered office
Langdorpsesteenweg 148
3201 Aarschot · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Activities (NACE)
43222Plumbing, heat and air-conditioning installation· main43222Plumbing, heat and air-conditioning installation43211Electrical installation43211Electrical installation43221Plumbing, heat and air-conditioning installation43221Plumbing, heat and air-conditioning installation
Joint committees (2)
  • 124
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021202020192018
Income statement
Gross margin139,1 k €93 k €87,2 k €92,4 k €67,7 k €37 k €59,8 k €131,5 k €
EBITDA76,5 k €32,6 k €28,6 k €36,8 k €23,1 k €7,9 k €21,8 k €59,8 k €
Operating result59,5 k €15,4 k €10,4 k €20,1 k €19,8 k €5,1 k €17,3 k €53,2 k €
Net result42,8 k €10,3 k €7,1 k €17,8 k €14,8 k €4,1 k €12,7 k €41,6 k €
Balance sheet
Equity147,3 k €104,5 k €94,2 k €87,1 k €69,3 k €54,5 k €50,4 k €37,8 k €
Total assets216,4 k €185,7 k €182,9 k €195,4 k €102,6 k €87,6 k €85,5 k €83,8 k €
Cash147,5 k €76,8 k €58,9 k €46 k €62,8 k €56,4 k €44,2 k €45,1 k €
Debts60,2 k €72,2 k €79,6 k €102,3 k €30,3 k €27,1 k €32,1 k €46 k €
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 · 4 ended

Active mandates

Chris Elsen

Director · since 20 février 2017

Active
Wim Elsen

Director · since 20 février 2017

Active

Ended mandates

CHRIS ELSEN

Director

Ended
CHRIS ELSEN

Manager

Ended
WIM ELSEN

Director

Ended
WIM ELSEN

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date27/07/202630/07/202529/07/202428/07/202326/07/202229/07/2021
General meeting19/06/202620/06/202521/06/202416/06/202317/06/202218/06/2021
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202519/06/202627/07/2026DutchPDF
Micro model31/12/202420/06/202530/07/2025DutchPDF
Micro model31/12/202321/06/202429/07/2024DutchPDF
Micro model31/12/202216/06/202328/07/2023DutchPDF
Micro model31/12/202117/06/202226/07/2022DutchPDF
Micro model31/12/202018/06/202129/07/2021DutchPDF
Micro model31/12/201919/06/202030/07/2020DutchPDF
Micro model31/12/201828/06/201925/07/2019DutchPDF
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 · 4 ended

Active mandates

Chris Elsen

Director · since 20 février 2017

Active
Wim Elsen

Director · since 20 février 2017

Active

Ended mandates

CHRIS ELSEN

Director

Ended
CHRIS ELSEN

Manager

Ended
WIM ELSEN

Director

Ended
WIM ELSEN

Manager

Ended
Shareholders

Ownership and network

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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 202542,8 k €↑
  2. 2024
    Annual accounts 202410,3 k €↑
  3. 2023
    Annual accounts 20237,1 k €↓
  4. 2022
    Annual accounts 202217,8 k €↑
  5. 2021
    Annual accounts 202114,8 k €↑
  6. 2020
    Annual accounts 20204,1 k €↓
  7. 2019
    Annual accounts 201912,7 k €↓
  8. 2018
    Annual accounts 201841,6 k €
  9. 21/02/2017
    IncorporationPrivate limited company