ACTIVE

ELEMENT

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Financial year 2025 · closed on 31/12/2025

Net result

786,4 €

+100.8% YoY

Gross margin

294 k €

-37.2% YoY

Equity

21 k €

+3.9% YoY

Workforce

0,0 ETP

What does ELEMENT do?

ELEMENT is a Private limited company incorporated in 2006. Its main activity is: Other specialised construction activities n.e.c.. Its registered office is in Gent.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0881.054.067

Incorporation

26/04/2006

Legal form

Private limited company

Registered office

Kortrijksesteenweg 1004
9000 Gent · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

43990Other specialised construction activities n.e.c.· main 43999Other specialised construction activities n.e.c.45250Maintenance and repair of motor vehicles

Joint committees (2)

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	294 k €	-37.2%	468,2 k €	+205%	153,4 k €	-11.4%	173,3 k €	+42.6%	121,6 k €	+97.7%	61,5 k €	+34.1%	45,9 k €	+93.9%	23,7 k €	+14.4%	20,7 k €	-71.1%	71,6 k €	+150%	28,7 k €	+24.9%	23 k €	+87.6%	12,2 k €	+6.5%	11,5 k €	+1.0%	11,4 k €	-1.9%	11,6 k €	-50.9%	23,6 k €	-68.3%	74,5 k €
EBITDA	186,4 k €	-50.9%	379,9 k €	+221%	118,2 k €	-23.0%	153,5 k €	+46.3%	104,9 k €	+116%	48,6 k €	+70.4%	28,5 k €	+45.8%	19,6 k €	+14.9%	17 k €	-21.0%	21,6 k €	+36.2%	15,8 k €	+12.6%	14,1 k €	+40.4%	10 k €	+31.6%	7,6 k €	-18.8%	9,4 k €	-10.9%	10,5 k €	-52.8%	22,3 k €	-57.9%	52,9 k €
Operating result	90,7 k €	-68.6%	288,3 k €	+416%	55,8 k €	-42.2%	96,6 k €	+125%	43 k €	+173%	15,7 k €	-1.1%	15,9 k €	-8.5%	17,4 k €	+17.0%	14,8 k €	-17.4%	18 k €	+34.8%	13,3 k €	+11.5%	12 k €	+24.4%	9,6 k €	+43.1%	6,7 k €	-5.6%	7,1 k €	-16.4%	8,5 k €	-58.1%	20,3 k €	-60.5%	51,4 k €
Net result	786,4 €	+101%	-101,8 k €	-1907%	5,6 k €	-14.9%	6,6 k €	+421%	1,3 k €	+538%	199 €	-46.6%	373 €	-94.8%	7,2 k €	-7.3%	7,7 k €	-18.8%	9,5 k €	+51.8%	6,3 k €	+22.6%	5,1 k €	-12.8%	5,9 k €	+81.8%	3,2 k €	+6.5%	3 k €	+12.6%	2,7 k €	-74.0%	10,3 k €	-61.5%	26,8 k €
Balance sheet
Equity	21 k €	+3.9%	20,2 k €	-83.4%	122 k €	+4.8%	116,4 k €	+6.0%	109,8 k €	+2.6%	107 k €	+0.2%	106,8 k €	+0.4%	106,4 k €	+7.2%	99,3 k €	+8.5%	91,5 k €	+11.6%	82 k €	+8.3%	75,7 k €	+7.2%	70,6 k €	+9.1%	64,7 k €	+5.2%	61,5 k €	+5.2%	58,5 k €	+4.8%	55,8 k €	+22.8%	45,4 k €
Total assets	4,5 M €	-20.1%	5,6 M €	+23.5%	4,5 M €	-8.1%	4,9 M €	+84.5%	2,7 M €	+44.1%	1,9 M €	-12.1%	2,1 M €	+71.9%	1,2 M €	+56.1%	787,1 k €	+101%	391,4 k €	+25.9%	310,9 k €	-14.9%	365,5 k €	+93.2%	189,1 k €	-61.4%	489,4 k €	+184%	172,4 k €	+13.1%	152,4 k €	-2.4%	156,2 k €	-58.8%	379,2 k €
Cash	203,5 k €	+96.6%	103,5 k €	-24.4%	137 k €	-41.7%	235 k €	+147%	95,3 k €	+50.7%	63,2 k €	-65.2%	181,6 k €	+79.7%	101,1 k €	+116%	46,8 k €	-25.6%	62,8 k €	+434%	11,8 k €	-52.0%	24,5 k €	-45.2%	44,6 k €	+422%	8,6 k €	+32.4%	6,5 k €	-15.5%	7,6 k €	+251%	2,2 k €	-90.9%	24 k €
Debts	4,4 M €	-20.3%	5,6 M €	+26.4%	4,4 M €	-8.5%	4,8 M €	+87.4%	2,6 M €	+46.6%	1,7 M €	-12.8%	2 M €	+78.7%	1,1 M €	+63.1%	687,8 k €	+129%	299,9 k €	+31.0%	228,9 k €	-21.0%	289,8 k €	+144%	118,5 k €	-72.1%	424,7 k €	+283%	110,9 k €	+18.1%	93,9 k €	-6.4%	100,4 k €	-69.8%	332,2 k €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP		0,0 ETP		–		–		–		–		–		1,0 ETP	+233%	0,3 ETP		–		–		–		–		–		–		–

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 31/12/2025 · 2 active · 8 ended

Active mandates

ALIV GROUP

Director · 0643.776.429

Represented by Piet Labeeuw

Active

EMICHLEO

Director · 0786.655.449

Represented by Henk Cottenie

Active

Ended mandates

EMICHLEO

Director · since 01 juin 2022 · until 01 juin 2027 · 0786.655.449

Represented by Henk Cottenie

Ended

ALIV GROUP

Manager · since 02 décembre 2015 · 0643.776.429

Represented by Piet Labeeuw

Ended

ALIV GROUP

Director · since 02 décembre 2015 · 0643.776.429

Represented by Piet Labeeuw

Ended

ALIV GROUP

Director · since 02 décembre 2015 · 0643.776.429

Represented by Piet Labeeuw

Ended

At this address

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Annual accounts

Full financial information

	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	01/06/2026	02/06/2025	27/05/2024	31/05/2023	26/08/2022	30/06/2021
General meeting	30/05/2026	31/05/2025	25/05/2024	27/05/2023	30/06/2022	29/05/2021
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/05/2026	01/06/2026	Dutch	PDF
Abridged model	31/12/2024	31/05/2025	02/06/2025	Dutch	PDF
Abridged model	31/12/2023	25/05/2024	27/05/2024	Dutch	PDF
Abridged model	31/12/2022	27/05/2023	31/05/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	26/08/2022	Dutch	PDF
Abridged model	31/12/2020	29/05/2021	30/06/2021	Dutch	PDF
Abridged model	31/12/2019	30/08/2020	02/09/2020	Dutch	PDF
Abridged model	31/12/2018	25/05/2019	21/06/2019	Dutch	PDF
Abridged model	31/12/2017	26/05/2018	13/06/2018	Dutch	PDF
Abridged model	31/12/2016	27/05/2017	29/05/2017	Dutch	PDF
Abridged model	31/12/2015	28/05/2016	21/06/2016	Dutch	PDF
Abridged model	31/12/2014	30/05/2015	01/06/2015	Dutch	PDF
Abridged model	31/12/2013	31/05/2014	01/07/2014	Dutch	PDF
Abridged model	31/12/2012	25/05/2013	27/05/2013	Dutch	PDF
Abridged model	31/12/2011	26/05/2012	29/05/2012	Dutch	PDF
Abridged model	31/12/2010	28/05/2011	30/05/2011	Dutch	PDF
Abridged model	31/12/2009	29/05/2010	31/05/2010	Dutch	PDF
Abridged model	31/12/2008	30/05/2009	03/06/2009	Dutch	PDF
Abridged model	31/12/2007	21/06/2008	09/07/2008	Dutch	PDF

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 31/12/2025 · 2 active · 8 ended

Active mandates

ALIV GROUP

Director · 0643.776.429

Represented by Piet Labeeuw

Active

EMICHLEO

Director · 0786.655.449

Represented by Henk Cottenie

Active

Ended mandates

EMICHLEO

Director · since 01 juin 2022 · until 01 juin 2027 · 0786.655.449

Represented by Henk Cottenie

Ended

ALIV GROUP

Manager · since 02 décembre 2015 · 0643.776.429

Represented by Piet Labeeuw

Ended

ALIV GROUP

Director · since 02 décembre 2015 · 0643.776.429

Represented by Piet Labeeuw

Ended

ALIV GROUP

Director · since 02 décembre 2015 · 0643.776.429

Represented by Piet Labeeuw

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates24/04/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/09/2022
ONTSLAGEN - BENOEMINGEN
PDF
Registered office12/02/2021
MAATSCHAPPELIJKE ZETEL
PDF
Mandates10/02/2016
ONTSLAGEN - BENOEMINGEN
PDF
Registered office14/08/2014
MAATSCHAPPELIJKE ZETEL
PDF
Registered office24/10/2011
MAATSCHAPPELIJKE ZETEL
PDF
Other11/05/2006
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

2025
Annual accounts 2025786,4 €↑
2024
Annual accounts 2024-101,8 k €↓
2023
Annual accounts 20235,6 k €↓
2022
Annual accounts 20226,6 k €↑
2021
Annual accounts 20211,3 k €↑
2019
Annual accounts 2019199 €↓
2018
Annual accounts 2018373 €↓
2017
Annual accounts 20177,2 k €↓
2016
Annual accounts 20167,7 k €↓
2015
Annual accounts 20159,5 k €↑
2014
Annual accounts 20146,3 k €↑
2013
Annual accounts 20135,1 k €↓
2012
Annual accounts 20125,9 k €↑
2011
Annual accounts 20113,2 k €↑
2010
Annual accounts 20103 k €↑
2009
Annual accounts 20092,7 k €↓
2008
Annual accounts 200810,3 k €↓
2007
Annual accounts 200726,8 k €
26/04/2006
IncorporationPrivate 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

ELEMENT

Overview

What does ELEMENT do?

Trend over 18 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