ACTIVE

Elkem Processing Services

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Financial year 2025 · closed on 31/12/2025

Net result

-243,1 k €

-324.3% YoY

Revenue

932,6 k €

-32.9% YoY

Equity

3,6 M €

-6.4% YoY

Workforce

5,2 ETP

-13.3% YoY

What does Elkem Processing Services do?

Elkem Processing Services is a Public limited company incorporated in 2005. Its main activity is: Forging, pressing, stamping and roll-forming of metal; powder metallurgy. Its registered office is in Verviers. It employs on average 5,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0876.098.852

Incorporation

16/09/2005

Legal form

Public limited company

Registered office

Rue de Franchimont 3 box C
4800 Verviers · WallonieSee on map

Contributed capital

100 000,00 €

Latest accounts

31/12/2025

Average workforce

5,2 ETP

Activities (NACE)

25530Forging, pressing, stamping and roll-forming of metal; powder metallurgy· main 25620Machining 63122Web portals 52100Warehousing and storage 52100Warehousing and storage

Joint committees (6)

100
1000
200
2000
218
226

Signals

Solid equityLow riskGood liquidityHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	932,6 k €	-32.9%	1,4 M €	-76.2%	5,8 M €	-38.8%	9,5 M €	+21.8%	7,8 M €	-2.7%	8,1 M €	-18.2%	9,8 M €	+8.4%	9,1 M €	+2.8%	8,8 M €	+8.8%	8,1 M €	-15.7%	9,6 M €	+17.0%	8,2 M €		–		–		–		–		–		–		–		–
EBITDA	-256 k €	-283%	140,2 k €	-72.2%	503,8 k €	-64.9%	1,4 M €	+82.4%	787,5 k €	+207%	256,1 k €	-69.9%	851,1 k €	-20.8%	1,1 M €	+555%	164,3 k €	-50.9%	334,2 k €	+28.5%	260 k €	-58.6%	628,2 k €	+15.2%	545,4 k €	-14.4%	637 k €	-8.3%	694,5 k €	+37.3%	505,8 k €	+32.1%	382,8 k €	-12.1%	435,3 k €	+74.1%	250,1 k €	+105%	122,1 k €
Operating result	-304,7 k €	-537%	69,7 k €	-84.0%	436,4 k €	-68.2%	1,4 M €	+86.0%	738,2 k €	+261%	204,4 k €	-71.1%	706,5 k €	-33.1%	1,1 M €	+1179%	82,6 k €	-53.4%	177,4 k €	-47.4%	337,1 k €	-21.3%	428,4 k €	+33.2%	321,6 k €	-21.7%	410,7 k €	+10.9%	370,3 k €	+62.3%	228,2 k €	+119%	104 k €	-40.9%	175,9 k €	+35.7%	129,6 k €	+117%	59,8 k €
Net result	-243,1 k €	-324%	108,4 k €	-68.2%	340,4 k €	-62.8%	915,6 k €	+96.5%	465,9 k €	+508%	76,7 k €	-83.5%	465,9 k €	-29.8%	663,4 k €	+3256%	19,8 k €	-75.9%	82,1 k €	-70.4%	277,3 k €	+11.2%	249,4 k €	+40.6%	177,4 k €	-23.6%	232,1 k €	+25.2%	185,5 k €	+55.4%	119,3 k €	+296%	30,1 k €	-60.6%	76,6 k €	+22.7%	62,4 k €	+216%	19,8 k €
Balance sheet
Equity	3,6 M €	-6.4%	3,9 M €	+2.7%	3,8 M €	+9.8%	3,4 M €	+36.2%	2,5 M €	+22.4%	2,1 M €	-1.4%	2,1 M €	+28.4%	1,6 M €	+48.2%	1,1 M €	-5.8%	1,2 M €	+6.7%	1,1 M €	+1.5%	1,1 M €	+12.7%	952,6 k €	+4.7%	910 k €	+17.3%	775,6 k €	+38.1%	561,7 k €	+24.9%	449,8 k €	+2.8%	437,7 k €	+48.1%	295,5 k €	+147%	119,8 k €
Total assets	3,9 M €	-4.4%	4,1 M €	-4.8%	4,3 M €	-26.0%	5,8 M €	-2.2%	6 M €	+21.7%	4,9 M €	-19.1%	6,1 M €	+17.5%	5,1 M €	+12.8%	4,6 M €	+6.9%	4,3 M €	-14.1%	5 M €	+24.2%	4 M €	+8.0%	3,7 M €	+20.3%	3,1 M €	-26.1%	4,2 M €	+35.4%	3,1 M €	+14.7%	2,7 M €	-39.9%	4,5 M €	+30.4%	3,4 M €	+245%	991,6 k €
Cash	3,1 M €	+5.8%	2,9 M €	-11.1%	3,3 M €	+505%	541,3 k €	-33.8%	818 k €	-44.0%	1,5 M €	+54.2%	946,9 k €	+102%	468,5 k €	-47.0%	884,2 k €	+629%	121,3 k €	-23.2%	158 k €	-32.2%	233 k €	-37.3%	371,7 k €	+136%	157,7 k €	+10.6%	142,6 k €	-18.3%	174,5 k €	+126%	77,1 k €	-80.7%	398,6 k €	+38.9%	287 k €	+3297%	8,5 k €
Debts	300,8 k €	+29.7%	231,9 k €	-57.0%	539,8 k €	-77.4%	2,4 M €	-30.4%	3,4 M €	+21.3%	2,8 M €	-28.6%	4 M €	+16.6%	3,4 M €	+1.6%	3,3 M €	+12.1%	3 M €	-19.3%	3,7 M €	+26.6%	2,9 M €	+6.4%	2,7 M €	+26.9%	2,2 M €	-36.0%	3,4 M €	+34.9%	2,5 M €	+12.6%	2,2 M €	-43.5%	3,9 M €	+26.5%	3,1 M €	+258%	871,8 k €
Other
Workforce	5,2 ETP	-13.3%	6,0 ETP	-3.2%	6,2 ETP	+6.9%	5,8 ETP	-3.3%	6,0 ETP	-3.2%	6,2 ETP	-17.3%	7,5 ETP	+2.7%	7,3 ETP	-24.0%	9,6 ETP	-11.1%	10,8 ETP	+12.5%	9,6 ETP	+2.1%	9,4 ETP	+5.6%	8,9 ETP	-3.3%	9,2 ETP	-6.1%	9,8 ETP	+19.5%	8,2 ETP	+17.1%	7,0 ETP	+40.0%	5,0 ETP	+66.7%	3,0 ETP	+200%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 36 ended

Active mandates

Nadège CHRETIEN

Director · since 01 août 2024 · until 01 août 2030

Active

Robertus VAN SPRANG

Managing director · since 01 août 2024 · until 10 octobre 2029

Active

Jordi HERNANDEZ

Director · since 05 juillet 2022 · until 04 juillet 2028

Active

Nathan CHAFER

Director · since 05 juillet 2022 · until 04 juillet 2028

Active

Ended mandates

Robertus VAN SPRANG

Director · since 11 octobre 2023 · until 10 octobre 2029

Ended

Stéphane MORENCY

Managing director · since 14 septembre 2022 · until 31 juillet 2024

Ended

Stéphane MORENCY

Managing director · since 14 septembre 2022 · until 13 septembre 2028

Ended

Dagfinn WINTERSTO

Director · since 05 juillet 2022 · until 11 octobre 2023

Ended

At this address

Other companies at this address

Company	CBE no.
JATA● Active	0438.806.224
JOQUARI● Active	0747.515.058
K.H.A.B.● Active	0437.366.862
LES DEFENSEURS DE LA CROIX ET DU PATRIMOINE CHRETIEN● Active	0409.316.640

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	10/07/2026	04/08/2025	23/07/2024	22/06/2023	13/07/2022	08/07/2021
General meeting	30/06/2026	31/07/2025	28/06/2024	15/06/2023	18/06/2022	19/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/06/2026	10/07/2026	French	PDF
Full model	31/12/2024	31/07/2025	04/08/2025	French	PDF
Full model	31/12/2023	28/06/2024	23/07/2024	French	PDF
Full model	31/12/2022	15/06/2023	22/06/2023	French	PDF
Full model	31/12/2021	18/06/2022	13/07/2022	French	PDF
Full model	31/12/2020	19/06/2021	08/07/2021	French	PDF
Full model	31/12/2019	28/07/2020	28/08/2020	French	PDF
Full model	31/12/2018	15/06/2019	10/07/2019	French	PDF
Full model	31/12/2017	16/06/2018	23/07/2018	French	PDF
Full model	31/12/2016	17/06/2017	06/07/2017	French	PDF
Full model	31/12/2015	18/06/2016	30/06/2016	French	PDF
Full model	31/12/2014	20/06/2015	03/07/2015	French	PDF
Abridged model	31/12/2013	14/06/2014	16/06/2014	French	PDF
Abridged model	31/12/2012	15/06/2013	17/06/2013	French	PDF
Abridged model	31/12/2011	12/06/2012	05/07/2012	French	PDF
Abridged model	31/12/2010	18/06/2011	20/06/2011	French	PDF
Abridged model	31/12/2009	19/06/2010	21/06/2010	French	PDF
Abridged model	31/12/2008	20/06/2009	22/06/2009	French	PDF
Abridged model	31/12/2007	21/06/2008	23/06/2008	French	PDF
Abridged model	31/12/2006	16/06/2007	23/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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.

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 · 4 active · 36 ended

Active mandates

Nadège CHRETIEN

Director · since 01 août 2024 · until 01 août 2030

Active

Robertus VAN SPRANG

Managing director · since 01 août 2024 · until 10 octobre 2029

Active

Jordi HERNANDEZ

Director · since 05 juillet 2022 · until 04 juillet 2028

Active

Nathan CHAFER

Director · since 05 juillet 2022 · until 04 juillet 2028

Active

Ended mandates

Robertus VAN SPRANG

Director · since 11 octobre 2023 · until 10 octobre 2029

Ended

Stéphane MORENCY

Managing director · since 14 septembre 2022 · until 31 juillet 2024

Ended

Stéphane MORENCY

Managing director · since 14 septembre 2022 · until 13 septembre 2028

Ended

Dagfinn WINTERSTO

Director · since 05 juillet 2022 · until 11 octobre 2023

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates01/04/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates09/09/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates05/01/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates25/10/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates11/07/2022
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DENOMINATION - DIVERS - DEMISSIONS, NOMINATIONS
PDF
Mandates03/06/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates27/08/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates26/03/2019
DEMISSIONS, NOMINATIONS
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

2025
Annual accounts 2025-243,1 k €↓
2024
Annual accounts 2024108,4 k €↓
2023
Annual accounts 2023340,4 k €↓
2022
Annual accounts 2022915,6 k €↑
2022
Name changeELKEM PROCESSING SERVICES
2021
Annual accounts 2021465,9 k €↑
2021
Name changeKEYVEST BELGIUM
2020
Annual accounts 202076,7 k €↓
2019
Annual accounts 2019465,9 k €↓
2018
Annual accounts 2018663,4 k €↑
2017
Annual accounts 201719,8 k €↓
2016
Annual accounts 201682,1 k €↓
2015
Annual accounts 2015277,3 k €↑
2014
Annual accounts 2014249,4 k €↑
2013
Annual accounts 2013177,4 k €↓
2012
Annual accounts 2012232,1 k €↑
2011
Annual accounts 2011185,5 k €↑
2010
Annual accounts 2010119,3 k €↑
2009
Annual accounts 200930,1 k €↓
2008
Annual accounts 200876,6 k €↑
2007
Annual accounts 200762,4 k €↑
2006
Annual accounts 200619,8 k €
16/09/2005
IncorporationPublic limited company

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

Elkem Processing Services

Overview

What does Elkem Processing Services do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline