ACTIVE

ELSI Solutions

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Financial year 2025 · closed on 31/03/2025
Net result
-4,4 k €
-255.9% YoY
Gross margin
14 €
-99.8% YoY
Equity
1,8 k €
-97.6% YoY

What does ELSI Solutions do?

ELSI Solutions is a Private company with limited liability incorporated in 2018. Its main activity is: Computer consultancy activities. Its registered office is in Aalst.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0697.667.253
Incorporation
06/06/2018
Legal form
Private company with limited liability
Registered office
Groeneweg 17
9320 Aalst · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/03/2025
Activities (NACE)
62020Computer consultancy activities· main62200Computer programming, consultancy and related activities32200Manufacture of musical instruments32200Manufacture of musical instruments47594Retail sale of furniture, lighting equipment and other household articles in specialised stores47690Retail sale of cultural and recreation goods in specialised stores+4
Signals
Solid equityLow riskGood liquidityPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120202019
Income statement
Gross margin14 €5,8 k €48,8 k €59,6 k €55,7 k €46,4 k €41,5 k €
EBITDA14 €5,7 k €48,7 k €59 k €55 k €45,7 k €40,3 k €
Operating result14 €4 k €44,5 k €55 k €51,4 k €42,2 k €39,8 k €
Net result-4,4 k €2,8 k €33,4 k €42 k €39,7 k €28,9 k €27,6 k €
Balance sheet
Equity1,8 k €77,1 k €74,3 k €142,8 k €100,8 k €61,9 k €33,8 k €
Total assets2,1 k €80,3 k €139,7 k €157 k €126,9 k €97,6 k €54,1 k €
Cash100 €12,4 k €89,5 k €75,2 k €30,4 k €27,9 k €26,4 k €
Debts326 €1,7 k €63,9 k €12,8 k €24,6 k €34,2 k €18,9 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/03/2025 · 1 active · 2 ended

Active mandates

Guihua Luo

Director · since 01 janvier 2025

Active

Ended mandates

Samuel Adelaere

Director

Ended
Samuel Adelaere

Manager

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date22/10/202523/10/202424/10/202325/10/202205/11/202118/11/2020
General meeting25/09/202530/09/202425/09/202325/09/202225/09/202125/09/2020
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

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/03/202525/09/202522/10/2025DutchPDF
Micro model31/03/202430/09/202423/10/2024DutchPDF
Micro model31/03/202325/09/202324/10/2023DutchPDF
Micro model31/03/202225/09/202225/10/2022DutchPDF
Micro model31/03/202125/09/202105/11/2021DutchPDF
Micro model31/03/202025/09/202018/11/2020DutchPDF
Micro model31/03/201920/11/201925/11/2019DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 31/03/2025 · 1 active · 2 ended

Active mandates

Guihua Luo

Director · since 01 janvier 2025

Active

Ended mandates

Samuel Adelaere

Director

Ended
Samuel Adelaere

Manager

Ended
Shareholders

Ownership and network

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Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates26/03/2025
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office14/03/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office11/02/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other08/06/2018
    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 2025-4,4 k €↓
  2. 2024
    Annual accounts 20242,8 k €↓
  3. 2023
    Annual accounts 202333,4 k €↓
  4. 2022
    Annual accounts 202242 k €↑
  5. 2021
    Annual accounts 202139,7 k €↑
  6. 2020
    Annual accounts 202028,9 k €↑
  7. 2019
    Annual accounts 201927,6 k €
  8. 06/06/2018
    IncorporationPrivate company with limited liability