ELB Projects
0830.723.836 · rovalta.com · 22/09/2026
ACTIVE
ELB Projects
Financial year 2025 · closed on 30/09/2025
Net result
77,6 k €
+140.8% YoY
Gross margin
124,3 k €
+118.2% YoY
Equity
151,4 k €
+71.0% YoY
Overview
What does ELB Projects do?
ELB Projects is a Private limited company incorporated in 2010. Its main activity is: Electrical installation. Its registered office is in Hasselt.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0830.723.836
Incorporation
27/10/2010
Legal form
Private limited company
Registered office
Lindestraat 63
3512 Hasselt · FlandreSee on map
3512 Hasselt · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
30/09/2025
Activities (NACE)
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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Financials
Trend over 15 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||
| Gross margin | 124,3 k € | +118% | 56,9 k € | +118% | 26,1 k € | +23.4% | 21,1 k € | -14.0% | 24,6 k € | +34.1% | 18,3 k € | -19.4% | 22,7 k € | -6.5% | 24,3 k € | -2.0% | 24,8 k € | -14.8% | 29,1 k € | -40.6% | 49 k € | +13.1% | 43,3 k € | -28.0% | 60,1 k € | +52.0% | 39,6 k € | +28.1% | 30,9 k € |
| EBITDA | 122,4 k € | +122% | 55 k € | +127% | 24,3 k € | +25.7% | 19,3 k € | -12.7% | 22,1 k € | +40.0% | 15,8 k € | -23.7% | 20,7 k € | -2.7% | 21,3 k € | -5.6% | 22,5 k € | -16.7% | 27 k € | -40.4% | 45,4 k € | +12.9% | 40,2 k € | -27.5% | 55,5 k € | +44.5% | 38,4 k € | +40.0% | 27,4 k € |
| Operating result | 110,1 k € | +143% | 45,3 k € | +267% | 12,3 k € | +43.4% | 8,6 k € | -24.6% | 11,4 k € | +132% | 4,9 k € | -48.7% | 9,6 k € | +29.2% | 7,4 k € | -13.3% | 8,5 k € | -18.7% | 10,5 k € | -62.4% | 28 k € | +32.2% | 21,2 k € | -48.3% | 41 k € | +40.8% | 29,1 k € | +462% | 5,2 k € |
| Net result | 77,6 k € | +141% | 32,2 k € | +245% | 9,3 k € | +90.6% | 4,9 k € | -36.1% | 7,7 k € | +261% | 2,1 k € | -70.3% | 7,1 k € | +206% | 2,3 k € | +202% | 774,1 € | -16.6% | 928,5 € | -93.9% | 15,3 k € | +27.4% | 12 k € | -53.6% | 25,8 k € | +21.5% | 21,2 k € | +629% | 2,9 k € |
| Balance sheet | |||||||||||||||||||||||||||||
| Equity | 151,4 k € | +71.0% | 88,5 k € | +39.5% | 63,5 k € | -24.4% | 84 k € | -11.0% | 94,3 k € | +8.8% | 86,7 k € | +2.5% | 84,5 k € | +9.2% | 77,4 k € | +3.1% | 75,1 k € | +1.0% | 74,3 k € | +1.3% | 73,4 k € | +26.3% | 58,1 k € | +26.0% | 46,1 k € | +127% | 20,3 k € | +123% | 9,1 k € |
| Total assets | 224,8 k € | +27.9% | 175,8 k € | +28.5% | 136,8 k € | -29.2% | 193,3 k € | +43.0% | 135,2 k € | -2.6% | 138,7 k € | -26.1% | 187,7 k € | +0.8% | 186,2 k € | -12.8% | 213,6 k € | +0.6% | 212,4 k € | -0.1% | 212,5 k € | +16.1% | 183,1 k € | +16.0% | 157,9 k € | -0.7% | 159 k € | -9.4% | 175,4 k € |
| Cash | 98,2 k € | +215% | 31,2 k € | -9.5% | 34,5 k € | +0.9% | 34,2 k € | +132% | 14,7 k € | +879% | 1,5 k € | -91.5% | 17,7 k € | -50.2% | 35,5 k € | +67.1% | 21,3 k € | +23.4% | 17,2 k € | +2004% | 819,2 € | -56.1% | 1,9 k € | -23.9% | 2,4 k € | +744% | 290 € | -70.6% | 988 € |
| Debts | 73,4 k € | -15.8% | 87,2 k € | +18.9% | 73,3 k € | -30.4% | 105,4 k € | +158% | 40,8 k € | -21.6% | 52,1 k € | -49.6% | 103,2 k € | -5.1% | 108,8 k € | -21.5% | 138,6 k € | +0.3% | 138,1 k € | -0.8% | 139,2 k € | +11.3% | 125 k € | +11.9% | 111,7 k € | -19.4% | 138,6 k € | -16.7% | 166,3 k € |
Estimate
Indicative valuation
As an indication, this company is worth
between 500 k€ and 1 M€
See the valuationGovernance
Board of directors
Seen on filing of 30/09/2025 · 2 active · 5 ended
Active mandates
HILDE GRAULS
ActiveLUC BUSSÉ
ActiveEnded mandates
Hilde Francine L Grauls
EndedHilde Grauls
EndedHilde Grauls
EndedLuc Bussé
EndedFinancials
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 | 01/04/2026 | 07/03/2025 | 04/04/2024 | 25/04/2023 | 29/03/2022 | 31/03/2021 |
| General meeting | 20/03/2026 | 07/03/2025 | 15/03/2024 | 24/04/2023 | 18/03/2022 | 19/03/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
15 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 30/09/2025 | 20/03/2026 | 01/04/2026 | Dutch | |
| Micro model | 30/09/2024 | 07/03/2025 | 07/03/2025 | Dutch | |
| Micro model | 30/09/2023 | 15/03/2024 | 04/04/2024 | Dutch | |
| Micro model | 30/09/2022 | 24/04/2023 | 25/04/2023 | Dutch | |
| Micro model | 30/09/2021 | 18/03/2022 | 29/03/2022 | Dutch | |
| Micro model | 30/09/2020 | 19/03/2021 | 31/03/2021 | Dutch | |
| Micro model | 30/09/2019 | 20/03/2020 | 31/03/2020 | Dutch | |
| Micro model | 30/09/2018 | 15/03/2019 | 22/03/2019 | Dutch | |
| Micro model | 30/09/2017 | 16/03/2018 | 19/03/2018 | Dutch | |
| Abridged model | 30/09/2016 | 17/03/2017 | 28/03/2017 | Dutch | |
| Abridged model | 30/09/2015 | 18/03/2016 | 24/03/2016 | Dutch | |
| Abridged model | 30/09/2014 | 20/03/2015 | 27/03/2015 | Dutch | |
| Abridged model | 30/09/2013 | 21/03/2014 | 25/04/2014 | Dutch | |
| Abridged model | 30/09/2012 | 15/03/2013 | 28/03/2013 | Dutch | |
| Abridged model | 30/09/2011 | 16/03/2012 | 20/03/2012 | Dutch |
Valuation
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.
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
Governance
Board of directors
Seen on filing of 30/09/2025 · 2 active · 5 ended
Active mandates
HILDE GRAULS
ActiveLUC BUSSÉ
ActiveEnded mandates
Hilde Francine L Grauls
EndedHilde Grauls
EndedHilde Grauls
EndedLuc Bussé
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202577,6 k €↑
- 2024Annual accounts 202432,2 k €↑
- 2024Name changeE.L.B. PROJECTS
- 2023Annual accounts 20239,3 k €↑
- 2022Annual accounts 20224,9 k €↓
- 2022Name changeE.L.B.
- 2021Annual accounts 20217,7 k €↑
- 2020Annual accounts 20202,1 k €↓
- 2019Annual accounts 20197,1 k €↑
- 2018Annual accounts 20182,3 k €↑
- 2017Annual accounts 2017774,1 €↓
- 2016Annual accounts 2016928,5 €↓
- 2015Annual accounts 201515,3 k €↑
- 2014Annual accounts 201412 k €↓
- 2013Annual accounts 201325,8 k €↑
- 2012Annual accounts 201221,2 k €↑
- 2011Annual accounts 20112,9 k €
- 27/10/2010IncorporationPrivate limited company