ACTIVE

ELMADA

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Financial year 2025 · closed on 30/09/2025

Net result

53,5 k €

+0.5% YoY

Gross margin

77,7 k €

+3.1% YoY

Equity

37,5 k €

-63.9% YoY

What does ELMADA do?

ELMADA is a Private company with limited liability incorporated in 2017. Its main activity is: Computer consultancy activities. Its registered office is in Woluwe-Saint-Lambert.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0673.752.102

Incorporation

31/03/2017

Legal form

Private company with limited liability

Registered office

Avenue de Calabre 31B box 2
1200 Woluwe-Saint-Lambert · BruxellesSee on map

Contributed capital

18 600,00 €

Latest accounts

30/09/2025

Activities (NACE)

62020Computer consultancy activities· main 62200Computer programming, consultancy and related activities

Signals

ProfitableLow riskPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 9 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017
Income statement
Gross margin	77,7 k €	+3.1%	75,3 k €	+34.3%	56,1 k €	+258%	15,6 k €	-72.2%	56,3 k €	-22.7%	72,9 k €	+28.4%	56,8 k €	-4.9%	59,7 k €	+256%	16,8 k €
EBITDA	76,7 k €	+3.3%	74,2 k €	+37.8%	53,9 k €	+294%	13,7 k €	-74.9%	54,6 k €	-23.6%	71,4 k €	+42.6%	50,1 k €	-15.5%	59,2 k €	+261%	16,4 k €
Operating result	69,2 k €	+2.0%	67,8 k €	+50.9%	44,9 k €	+850%	4,7 k €	-89.5%	44,8 k €	-27.0%	61,4 k €	+51.2%	40,6 k €	-30.6%	58,5 k €	+257%	16,4 k €
Net result	53,5 k €	+0.5%	53,3 k €	+55.3%	34,3 k €	+590%	5 k €	-85.0%	33,1 k €	-26.9%	45,3 k €	+40.2%	32,3 k €	-21.1%	40,9 k €	+239%	12,1 k €
Balance sheet
Equity	37,5 k €	-63.9%	104 k €	+27.5%	81,5 k €	-6.5%	87,2 k €	-48.6%	169,9 k €	+24.2%	136,8 k €	+49.5%	91,5 k €	+54.5%	59,2 k €	+224%	18,3 k €
Total assets	178 k €	+20.9%	147,2 k €	+12.2%	131,2 k €	-36.1%	205,3 k €	-2.5%	210,6 k €	+19.6%	176,1 k €	+27.5%	138,1 k €	+67.3%	82,6 k €	+112%	39 k €
Cash	110,1 k €	+22.5%	89,9 k €	-4.1%	93,7 k €	-33.5%	140,9 k €	-17.8%	171,4 k €	+36.5%	125,6 k €	+41.8%	88,5 k €	+27.5%	69,4 k €	+135%	29,6 k €
Debts	140,4 k €	+226%	43,1 k €	-11.3%	48,6 k €	-58.7%	117,8 k €	+190%	40,7 k €	+3.3%	39,4 k €	-15.6%	46,7 k €	+99.5%	23,4 k €	+12.8%	20,7 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 2 ended

Active mandates

Daniel Craciunescu

Director · since 31 mars 2017

Active

Ended mandates

DANIEL CRACIUNESCU

Administrator - manager

Ended

DANIEL CRACIUNESCU

Manager

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	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/05/2026	16/05/2025	29/05/2024	30/05/2023	26/04/2022	31/05/2021
General meeting	18/02/2026	18/02/2025	19/02/2024	18/02/2023	18/02/2022	18/02/2021
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

9 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/09/2025	18/02/2026	27/05/2026	French	PDF
Micro model	30/09/2024	18/02/2025	16/05/2025	French	PDF
Micro model	30/09/2023	19/02/2024	29/05/2024	French	PDF
Micro model	30/09/2022	18/02/2023	30/05/2023	French	PDF
Micro model	30/09/2021	18/02/2022	26/04/2022	French	PDF
Micro model	30/09/2020	18/02/2021	31/05/2021	French	PDF
Micro model	30/09/2019	18/02/2020	30/04/2020	French	PDF
Micro model	30/09/2018	18/02/2019	30/04/2019	French	PDF
Micro model	30/09/2017	18/02/2018	28/05/2018	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 30/09/2025 · 1 active · 2 ended

Active mandates

Daniel Craciunescu

Director · since 31 mars 2017

Active

Ended mandates

DANIEL CRACIUNESCU

Administrator - manager

Ended

DANIEL CRACIUNESCU

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

2025
Annual accounts 202553,5 k €↑
2024
Annual accounts 202453,3 k €↑
2023
Annual accounts 202334,3 k €↑
2022
Annual accounts 20225 k €↓
2021
Annual accounts 202133,1 k €↓
2020
Annual accounts 202045,3 k €↑
2019
Annual accounts 201932,3 k €↓
2018
Annual accounts 201840,9 k €↑
2017
Annual accounts 201712,1 k €
31/03/2017
IncorporationPrivate company with limited liability

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

ELMADA

Overview

What does ELMADA do?

Trend over 9 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

Similar companies

Similar companies

Timeline