ACTIVE

ELMI

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Financial year 2025 · closed on 31/12/2025
Net result
1,7 M €
+319.1% YoY
Gross margin
5,1 M €
+98.5% YoY
Equity
4 M €
+72.8% YoY
Workforce
44,3 ETP
+51.7% YoY

What does ELMI do?

ELMI is a Private limited company incorporated in 2007. Its main activity is: Growing of rice. Its registered office is in Hoogstraten. It employs on average 44,3 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0892.994.371
Incorporation
23/10/2007
Legal form
Private limited company
Registered office
Langstraat 2
2328 Hoogstraten · FlandreSee on map
Contributed capital
66 200,00 €
Latest accounts
31/12/2025
Average workforce
44,3 ETP
Activities (NACE)
01121Growing of rice· main01130Growing of vegetables and melons, roots and tubers01130Growing of vegetables and melons, roots and tubers01250Growing of other tree and bush fruits and nuts01250Growing of other tree and bush fruits and nuts01130Growing of vegetables and melons, roots and tubers+7
Joint committees (1)
  • 1450
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120122011201020092008
Income statement
Gross margin5,1 M €2,6 M €2,3 M €2 M €2,7 M €994,5 k €981,3 k €841,3 k €535,1 k €669,2 k €
EBITDA2,8 M €924,5 k €640 k €194,8 k €729,7 k €265,8 k €491,6 k €412,6 k €296,3 k €426,7 k €
Operating result2,2 M €406,5 k €129,5 k €-339,5 k €224,5 k €69,3 k €268,1 k €215,6 k €154,6 k €261,2 k €
Net result1,7 M €406,8 k €121,9 k €-338,7 k €209,4 k €47,9 k €175 k €148,3 k €90,5 k €170,9 k €
Balance sheet
Equity4 M €2,3 M €1,9 M €2,3 M €2,7 M €710,2 k €657 k €485,4 k €342,8 k €259,4 k €
Total assets6,1 M €5,6 M €4,7 M €5,7 M €6,1 M €2,3 M €2,1 M €1,5 M €1,3 M €1,2 M €
Cash634,2 k €1,2 M €323,8 k €293,6 k €348,7 k €238,8 k €232 k €195,5 k €163,4 k €59,5 k €
Debts2 M €3,3 M €2,8 M €3,3 M €3,4 M €1,6 M €1,4 M €944,9 k €927,9 k €974 k €
Other
Workforce44,3 ETP29,2 ETP32,2 ETP38,5 ETP48,9 ETP30,6 ETP21,4 ETP17,4 ETP8,8 ETP9,9 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 9 ended

Active mandates

ANRU

Director · since 30 avril 2025 · 0668.862.312

Represented by Annelies MICHIELSEN

Active
ELST RUUD

Director · since 30 avril 2025 · 1023.231.125

Represented by Ruud Elst

Active

Ended mandates

ANRU

Director · since 30 décembre 2016 · 0668.862.312

Represented by Elst RUUD

Ended
ANRU

Director · since 30 décembre 2016 · 0668.862.312

Represented by Elst RUUD

Ended
ANRU

Manager · since 30 décembre 2016 · 0668.862.312

Represented by Elst Ruud

Ended
ANRU

Manager · since 30 décembre 2016 · 0668.862.312

Represented by Ruud Elst

Ended
At this address

Other companies at this address

CompanyCBE no.
ANRU● Active
0668.862.312
ELST RUUD● Active
1023.231.125
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/05/202602/06/202504/06/202405/06/202303/06/202202/07/2021
General meeting04/05/202602/05/202503/05/202405/05/202306/05/202207/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202504/05/202628/05/2026DutchPDF
Abridged model31/12/202402/05/202502/06/2025DutchPDF
Abridged model31/12/202303/05/202404/06/2024DutchPDF
Abridged model31/12/202205/05/202305/06/2023DutchPDF
Abridged model31/12/202106/05/202203/06/2022DutchPDF
Abridged model31/12/202007/05/202102/07/2021DutchPDF
Abridged model31/12/201904/05/202028/05/2020DutchPDF
Abridged model31/12/201803/05/201928/06/2019DutchPDF
Abridged model31/12/201704/05/201831/05/2018DutchPDF
Abridged model31/12/201605/05/201729/05/2017DutchPDF
Abridged model31/12/201506/05/201610/05/2016DutchPDF
Abridged model31/12/201401/05/201504/06/2015DutchPDF
Abridged model31/12/201302/05/201403/07/2014DutchPDF
Abridged model31/12/201203/05/201306/05/2013DutchPDF
Abridged model31/12/201104/05/201201/06/2012DutchPDF
Abridged model31/12/201006/05/201126/05/2011DutchPDF
Abridged model31/12/200907/05/201010/05/2010DutchPDF
Abridged model31/12/200804/05/200928/05/2009DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 2 active · 9 ended

Active mandates

ANRU

Director · since 30 avril 2025 · 0668.862.312

Represented by Annelies MICHIELSEN

Active
ELST RUUD

Director · since 30 avril 2025 · 1023.231.125

Represented by Ruud Elst

Active

Ended mandates

ANRU

Director · since 30 décembre 2016 · 0668.862.312

Represented by Elst RUUD

Ended
ANRU

Director · since 30 décembre 2016 · 0668.862.312

Represented by Elst RUUD

Ended
ANRU

Manager · since 30 décembre 2016 · 0668.862.312

Represented by Elst Ruud

Ended
ANRU

Manager · since 30 décembre 2016 · 0668.862.312

Represented by Ruud Elst

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates09/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/05/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other12/02/2019
    DIVERSEN
    PDF
  • Mandates07/03/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares20/12/2013
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other03/06/2008
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other31/10/2007
    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

Timeline

  1. 2025
    Annual accounts 20251,7 M €↑
  2. 2024
    Annual accounts 2024406,8 k €↑
  3. 2023
    Annual accounts 2023121,9 k €↑
  4. 2022
    Annual accounts 2022-338,7 k €↓
  5. 2021
    Annual accounts 2021209,4 k €↑
  6. 2012
    Annual accounts 201247,9 k €↓
  7. 2011
    Annual accounts 2011175 k €↑
  8. 2010
    Annual accounts 2010148,3 k €↑
  9. 2009
    Annual accounts 200990,5 k €↓
  10. 2008
    Annual accounts 2008170,9 k €
  11. 23/10/2007
    IncorporationPrivate limited company