ELBACO
0827.722.279 · rovalta.com · 09/11/2026
ACTIVE
ELBACO
Financial year 2025 · Closed on 31/12/2025
Net result154 k €+232,8 %over 1 year
Gross margin361,1 k €+28,4 %over 1 year
Equity881,9 k €+21,2 %over 1 year
Workforce1,2 ETP+9,1 %over 1 year
Overview
Identity
Source · BCE/KBOELBACO is a Private limited company incorporated in 2010. Its main activity is: Joinery installation. Its registered office is in Vorselaar. It employs on average 1,2 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0827.722.279
- Incorporation
- 08/07/2010
- Legal form
- Private limited company
- Registered office
- Pallaaraard 35
2290 Vorselaar · FlandreSee on map - Contributed capital
- 18 600,00 €
- Latest accounts
- 31/12/2025
- Average workforce
- 1,2 ETP
Activities (NACE)
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Financials
Source · NBB, 15 filingsTrend over 15 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 361,1 k € | +28.4% | 281,2 k € | +7.5% | 261,5 k € | +20.7% | 216,6 k € | -53.9% | 469,6 k € |
| EBITDA | 310,8 k € | +94.6% | 159,7 k € | -26.1% | 216,2 k € | +8.7% | 198,9 k € | -46.3% | 370,5 k € |
| Operating result | 238,1 k € | +206% | 77,8 k € | -45.5% | 142,9 k € | -11.1% | 160,8 k € | -44.9% | 291,9 k € |
| Net result | 154 k € | +233% | 46,3 k € | -42.8% | 80,9 k € | -15.5% | 95,8 k € | -57.6% | 225,7 k € |
| Balance sheet | |||||||||
| Equity | 881,9 k € | +21.2% | 727,9 k € | -39.4% | 1,2 M € | +7.2% | 1,1 M € | +9.4% | 1 M € |
| Total assets | 1,5 M € | -1.4% | 1,6 M € | -11.5% | 1,8 M € | -1.4% | 1,8 M € | -8.4% | 2 M € |
| Cash | 236,6 k € | +389% | 48,4 k € | +181% | 17,2 k € | -81.7% | 94,1 k € | -67.6% | 290,4 k € |
| Debts | 617,3 k € | -21.9% | 790,1 k € | +53.0% | 516,6 k € | -15.2% | 609,4 k € | -27.6% | 841,5 k € |
| Other | |||||||||
| Workforce | 1,2 ETP | +9.1% | 1,1 ETP | 0.0% | 1,1 ETP | +175% | 0,4 ETP | -87.9% | 3,3 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20252 active
Active mandates
| Director | Mandates in this company | Period |
|---|---|---|
Bart Rombouts | DirectorManager2023 accountsended | |
Els Van Thielen | DirectorManager2023 accountsended |
Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 30/09/2026 | 28/09/2025 | 23/10/2024 | 30/09/2023 | 30/09/2022 | 30/09/2021 |
| General meeting | 18/06/2026 | 19/06/2025 | 20/06/2024 | 15/06/2023 | 16/06/2022 | 17/06/2021 |
| 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 |
Financial ratios
Source · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 15 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 18/06/2026 | 30/09/2026 | Dutch | |
| Abridged model | 31/12/2024 | 19/06/2025 | 28/09/2025 | Dutch | |
| Abridged model | 31/12/2023 | 20/06/2024 | 23/10/2024 | Dutch | |
| Abridged model | 31/12/2022 | 15/06/2023 | 30/09/2023 | Dutch | |
| Abridged model | 31/12/2021 | 16/06/2022 | 30/09/2022 | Dutch | |
| Abridged model | 31/12/2020 | 17/06/2021 | 30/09/2021 | Dutch | |
| Abridged model | 31/12/2019 | 18/06/2020 | 31/10/2020 | Dutch | |
| Abridged model | 31/12/2018 | 20/06/2019 | 30/09/2019 | Dutch | |
| Abridged model | 31/12/2017 | 21/06/2018 | 31/08/2018 | Dutch | |
| Abridged model | 31/12/2016 | 15/06/2017 | 29/09/2017 | Dutch | |
| Abridged model | 31/12/2015 | 16/06/2016 | 30/12/2016 | Dutch | |
| Abridged model | 31/12/2014 | 18/06/2015 | 31/08/2015 | Dutch | |
| Abridged model | 31/12/2013 | 19/06/2014 | 31/08/2014 | Dutch | |
| Abridged model | 31/12/2012 | 20/06/2013 | 30/09/2013 | Dutch | |
| Abridged model | 31/12/2011 | 21/06/2012 | 20/08/2012 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20252 active
Active mandates
| Director | Mandates in this company | Period |
|---|---|---|
Bart Rombouts | DirectorManager2023 accountsended | |
Els Van Thielen | DirectorManager2023 accountsended |
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official GazetteSimilar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
Source · CBE, NBB annual accountsYear
Identity
Incorporation
Name
Registered office
Annual accounts
Filings15 filings
Mandates
Els Van Thielen
Bart Rombouts
20102011201220132014201520162017201820192020202120222023202420252026
ELBACO
Pallaaraard 35, 2290 VorselaarHeikant 77, 2275 Lille
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday
Registered offices
Source · NBB annual accounts, CBE| Registered address | Period | Source |
|---|---|---|
| Pallaaraard 35, 2290 VorselaarCurrent | accounts 2025 | Accounts 2025 · 2026-00540809 |
| Heikant 77, 2275 Lille | accounts 2021 → 2024 | Accounts 2024 · 2025-00524093 |
Company names
Source · NBB annual accounts, CBE| Name | Period | Source |
|---|---|---|
| ELBACOCurrent | accounts 2021 → 2025 | Accounts 2025 · 2026-00540809 |
Events
- 2025Annual accounts 2025154 k €↑
- 2024Annual accounts 202446,3 k €↓
- 2023Annual accounts 202380,9 k €↓
- 2022Annual accounts 202295,8 k €↓
- 2021Annual accounts 2021225,7 k €↑
- 2020Annual accounts 2020-1,6 k €↓
- 2019Annual accounts 20199,2 k €↑
- 2018Annual accounts 2018-17,5 k €↑
- 2017Annual accounts 2017-28,4 k €↓
- 2016Annual accounts 2016313,7 k €↑
- 2015Annual accounts 2015117,4 k €↓
- 2014Annual accounts 2014126,7 k €↓
- 2013Annual accounts 2013148,3 k €↑
- 2012Annual accounts 201267,6 k €↑
- 2011Annual accounts 201165,4 k €
- 08/07/2010IncorporationPrivate limited company