ACTIVE

Elevate

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Financial year 2025 · closed on 31/12/2025
Net result
13,5 k €
-32.6% YoY
Gross margin
131,6 k €
+35.9% YoY
Equity
89,3 k €
+17.8% YoY

What does Elevate do?

Elevate is a Private limited company incorporated in 2017. Its main activity is: Other building and industrial cleaning activities. Its registered office is in Kruisem.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0676.903.711
Incorporation
16/06/2017
Legal form
Private limited company
Registered office
Kruishoutemsesteenweg 55
9750 Kruisem · FlandreSee on map
Contributed capital
38 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
81220Other building and industrial cleaning activities· main81220Other building and industrial cleaning activities93130Fitness facilities93130Fitness facilities
Joint committees (4)
  • 121
  • 1210
  • 314
  • 31403
Contacts
2 public details availableLog in to view
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 margin131,6 k €96,9 k €47,1 k €13,9 k €11,1 k €30,5 k €51,3 k €54,8 k €
EBITDA40,5 k €39,4 k €39,4 k €13 k €9,7 k €18,6 k €40,5 k €45,1 k €
Operating result19,5 k €22,8 k €30,4 k €3,5 k €3,9 k €-5,4 k €16,9 k €13,3 k €
Net result13,5 k €20,1 k €29 k €3,4 k €1,4 k €-32,3 k €11,2 k €7,2 k €
Balance sheet
Equity89,3 k €75,8 k €55,7 k €26,7 k €23,3 k €21,9 k €55 k €25,1 k €
Total assets154,5 k €133,5 k €95 k €71,1 k €62,2 k €111,2 k €134 k €95 k €
Cash62,1 k €54 k €29,5 k €25,1 k €38,3 k €69,5 k €37,3 k €8,4 k €
Debts65,2 k €57,7 k €39,3 k €44,4 k €38,9 k €69,3 k €74,9 k €65,9 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 · 1 active · 3 ended

Active mandates

Niels LAMMENS

Director · since 16 juin 2017

Active

Ended mandates

Niels Marcel J Lammens

Director

Ended
Niels Marcel J Lammens

Administrator - manager

Ended
Niels Marcel J Lammens

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 date31/08/202630/09/202531/08/202426/07/202324/06/202226/08/2021
General meeting21/08/202616/09/202531/07/202430/06/202310/06/202225/06/2021
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 model31/12/202521/08/202631/08/2026DutchPDF
Micro model31/12/202416/09/202530/09/2025DutchPDF
Micro model31/12/202331/07/202431/08/2024DutchPDF
Micro model31/12/202230/06/202326/07/2023DutchPDF
Micro model31/12/202110/06/202224/06/2022DutchPDF
Micro model31/12/202025/06/202126/08/2021DutchPDF
Micro model31/12/201926/06/202015/09/2020DutchPDF
Micro model31/12/201828/06/201913/08/2019DutchPDF
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 · 1 active · 3 ended

Active mandates

Niels LAMMENS

Director · since 16 juin 2017

Active

Ended mandates

Niels Marcel J Lammens

Director

Ended
Niels Marcel J Lammens

Administrator - manager

Ended
Niels Marcel J Lammens

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office12/01/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other08/07/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL
    PDF
  • Mandates23/08/2019
    WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/07/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other20/06/2017
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 202513,5 k €↓
  2. 2024
    Annual accounts 202420,1 k €↓
  3. 2023
    Annual accounts 202329 k €↑
  4. 2023
    Name changeELEVATE
  5. 2022
    Annual accounts 20223,4 k €↑
  6. 2021
    Annual accounts 20211,4 k €↑
  7. 2021
    Name changeELEVATE FITNESS
  8. 2020
    Annual accounts 2020-32,3 k €↓
  9. 2019
    Annual accounts 201911,2 k €↑
  10. 2018
    Annual accounts 20187,2 k €
  11. 16/06/2017
    IncorporationPrivate limited company