ACTIVE

ELBEFAR

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Financial year 2025 · Closed on 30/06/2025

Net result-38,6 k €-169,9 %over 1 year

Gross margin657,9 k €+2,1 %over 1 year

Equity1,7 M €-2,2 %over 1 year

Workforce7,1 ETP-2,7 %over 1 year

Identity

Source · BCE/KBO

ELBEFAR is a Public limited company incorporated in 2005. Its main activity is: Dispensing chemist in specialised stores. Its registered office is in Glabbeek. It employs on average 7,1 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0877.887.315
Incorporation: 01/12/2005
Legal form: Public limited company
Registered office: Tiensesteenweg 169
3380 Glabbeek · FlandreSee on map
Contributed capital: 761 186,73 €
Latest accounts: 30/06/2025
Average workforce: 7,1 ETP

Activities (NACE)

47730Dispensing chemist in specialised stores· main 47730Dispensing chemist in specialised stores 52310Warehousing and support activities for transportation

Joint committees (1)

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	657,9 k €	+2.1%	644,6 k €	+5.4%	611,8 k €	-10.0%	679,7 k €	-10.9%	763,2 k €
EBITDA	135,1 k €	+1.9%	132,7 k €	+75.2%	75,8 k €	-58.1%	180,7 k €	-31.8%	264,9 k €
Operating result	-36,8 k €	-158%	63,1 k €	+1027%	5,6 k €	-95.9%	135,7 k €	-30.8%	196,2 k €
Net result	-38,6 k €	-170%	55,2 k €	+19.2%	46,3 k €	-45.3%	84,5 k €	-35.5%	131 k €
Balance sheet
Equity	1,7 M €	-2.2%	1,7 M €	+3.3%	1,7 M €	+2.8%	1,6 M €	+47.7%	1,1 M €
Total assets	2,6 M €	+31.5%	2 M €	+1.4%	2 M €	-27.0%	2,7 M €	+83.4%	1,5 M €
Cash	248 k €	+42.7%	173,7 k €	-44.4%	312,6 k €	-21.5%	398,3 k €	+22.1%	326,3 k €
Debts	928,4 k €	+259%	258,4 k €	-9.6%	285,9 k €	-73.1%	1,1 M €	+193%	362,9 k €
Other
Workforce	7,1 ETP	-2.7%	7,3 ETP	-5.2%	7,7 ETP	-4.9%	8,1 ETP	-4.7%	8,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Board of directors

Source · NBB, accounts to 30/06/2025

1 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Elke Kempeneers	Managing directorsince 12/05/2022

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Bert Spiritus	Managing director01/12/2005 → 2021 accounts
Gisèle Vanhees	Director20/12/2012 → 2023 accounts
Katrijn Spiritus	Director20/12/2012 → 2019 accounts

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	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/01/2026	04/02/2025	31/01/2024	30/01/2023	31/01/2022	30/01/2021
General meeting	11/12/2025	30/12/2024	31/12/2023	30/12/2022	29/12/2021	10/12/2020
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 · NBB

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Annual accounts filings

Source · NBB, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	11/12/2025	30/01/2026	Dutch	PDF
Abridged model	30/06/2024	30/12/2024	04/02/2025	Dutch	PDF
Abridged model	30/06/2023	31/12/2023	31/01/2024	Dutch	PDF
Abridged model	30/06/2022	30/12/2022	30/01/2023	Dutch	PDF
Abridged model	30/06/2021	29/12/2021	31/01/2022	Dutch	PDF
Abridged model	30/06/2020	10/12/2020	30/01/2021	Dutch	PDF
Abridged model	30/06/2019	12/12/2019	31/01/2020	Dutch	PDF
Abridged model	30/06/2018	13/12/2018	30/01/2019	Dutch	PDF
Abridged model	30/06/2017	27/12/2017	30/01/2018	Dutch	PDF
Abridged model	30/06/2016	18/12/2016	27/01/2017	Dutch	PDF
Abridged model	30/06/2015	10/12/2015	13/01/2016	Dutch	PDF
Abridged model	30/06/2014	11/12/2014	31/12/2014	Dutch	PDF
Abridged model	30/06/2013	27/12/2013	24/01/2014	Dutch	PDF
Abridged model	30/06/2012	20/12/2012	11/01/2013	Dutch	PDF
Abridged model	30/06/2011	27/12/2011	20/02/2012	Dutch	PDF
Abridged model	30/06/2010	09/12/2010	16/02/2011	Dutch	PDF
Abridged model	30/06/2009	30/12/2009	28/01/2010	Dutch	PDF
Abridged model	30/06/2008	29/12/2008	23/02/2009	Dutch	PDF
Abridged model	30/06/2007	09/12/2007	27/02/2008	Dutch	PDF

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.

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.

Board of directors

Source · NBB, accounts to 30/06/2025

1 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Elke Kempeneers	Managing directorsince 12/05/2022

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Bert Spiritus	Managing director01/12/2005 → 2021 accounts
Gisèle Vanhees	Director20/12/2012 → 2023 accounts
Katrijn Spiritus	Director20/12/2012 → 2019 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates15/09/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other16/12/2024
DIVERSEN
PDF
Capital / shares23/05/2022
KAPITAAL - AANDELEN
PDF
Mandates26/03/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/02/2013
ONTSLAGEN - BENOEMINGEN
PDF
Other23/12/2005
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF

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A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings19 filings

Mandates

Elke Kempeneers

Bert Spiritus

Katrijn Spiritus

Gisèle Vanhees

2005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

ELBEFAR

Tiensesteenweg 169, 3380 Glabbeek (Zuurbemde)

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Tiensesteenweg 169, 3380 Glabbeek (Zuurbemde)Current	accounts 2022 → 2025	Accounts 2025 · 2026-00022062

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
ELBEFARCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00022062

Events

2025
Annual accounts 2025-38,6 k €↓
2024
Annual accounts 202455,2 k €↑
2023
Annual accounts 202346,3 k €↓
2022
Annual accounts 202284,5 k €↓
2021
Annual accounts 2021131 k €↓
2020
Annual accounts 2020138,4 k €↓
2019
Annual accounts 2019159,9 k €↑
2018
Annual accounts 201875,7 k €↓
2017
Annual accounts 201788,6 k €↑
2016
Annual accounts 201624,9 k €↓
2015
Annual accounts 2015110,8 k €↑
2014
Annual accounts 201467,6 k €↑
2013
Annual accounts 201357,7 k €↓
2012
Annual accounts 2012101,6 k €↑
2011
Annual accounts 201140,9 k €↑
2010
Annual accounts 2010-20,3 k €↑
2009
Annual accounts 2009-98,6 k €↓
2008
Annual accounts 2008-17,4 k €↑
2007
Annual accounts 2007-62,9 k €
01/12/2005
IncorporationPublic limited company

ELBEFAR

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

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

Timeline

Registered offices

Company names

Events