ACTIVE

ELMI

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Financial year 2025 · Closed on 31/12/2025

Net result1,7 M €+319,1 %over 1 year

Gross margin5,1 M €+98,5 %over 1 year

Equity4 M €+72,8 %over 1 year

Workforce44,3 ETP+51,7 %over 1 year

Identity

Source · BCE/KBO

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· main 01130Growing of vegetables and melons, roots and tubers 01130Growing of vegetables and melons, roots and tubers 01250Growing of other tree and bush fruits and nuts 01250Growing of other tree and bush fruits and nuts 01130Growing of vegetables and melons, roots and tubers+7

Joint committees (1)

1450

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 18 filings

Trend over 10 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	5,1 M €	+98.5%	2,6 M €	+11.5%	2,3 M €	+15.5%	2 M €	-24.2%	2,7 M €
EBITDA	2,8 M €	+198%	924,5 k €	+44.5%	640 k €	+229%	194,8 k €	-73.3%	729,7 k €
Operating result	2,2 M €	+449%	406,5 k €	+214%	129,5 k €	+138%	-339,5 k €	-251%	224,5 k €
Net result	1,7 M €	+319%	406,8 k €	+234%	121,9 k €	+136%	-338,7 k €	-262%	209,4 k €
Balance sheet
Equity	4 M €	+72.8%	2,3 M €	+21.0%	1,9 M €	-16.3%	2,3 M €	-12.9%	2,7 M €
Total assets	6,1 M €	+8.7%	5,6 M €	+18.9%	4,7 M €	-16.2%	5,7 M €	-7.2%	6,1 M €
Cash	634,2 k €	-48.2%	1,2 M €	+278%	323,8 k €	+10.3%	293,6 k €	-15.8%	348,7 k €
Debts	2 M €	-40.1%	3,3 M €	+16.5%	2,8 M €	-15.0%	3,3 M €	-2.7%	3,4 M €
Other
Workforce	44,3 ETP	+51.7%	29,2 ETP	-9.3%	32,2 ETP	-16.4%	38,5 ETP	-21.3%	48,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ANRU0668.862.312Represented by Annelies MICHIELSEN	Directorsince 30/12/2016Manager30/12/2016 → 2019 accountsended
ELST RUUD1023.231.125Represented by Ruud Elst	Directorsince 30/04/2025

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Annelies Michielsen	Manager18/10/2007 → 2015 accountsAssociate01/09/2007 → 2012 accounts
Ruud Elst	Manager18/10/2007 → 30/12/2016

Other companies at this address

Langstraat 2 2328 Hoogstraten

Company	CBE no.
ANRU● Active	0668.862.312
ELST RUUD● Active	1023.231.125

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	01/01/2025	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	28/05/2026	02/06/2025	04/06/2024	05/06/2023	03/06/2022	02/07/2021
General meeting	04/05/2026	02/05/2025	03/05/2024	05/05/2023	06/05/2022	07/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 18 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	04/05/2026	28/05/2026	Dutch	PDF
Abridged model	31/12/2024	02/05/2025	02/06/2025	Dutch	PDF
Abridged model	31/12/2023	03/05/2024	04/06/2024	Dutch	PDF
Abridged model	31/12/2022	05/05/2023	05/06/2023	Dutch	PDF
Abridged model	31/12/2021	06/05/2022	03/06/2022	Dutch	PDF
Abridged model	31/12/2020	07/05/2021	02/07/2021	Dutch	PDF
Abridged model	31/12/2019	04/05/2020	28/05/2020	Dutch	PDF
Abridged model	31/12/2018	03/05/2019	28/06/2019	Dutch	PDF
Abridged model	31/12/2017	04/05/2018	31/05/2018	Dutch	PDF
Abridged model	31/12/2016	05/05/2017	29/05/2017	Dutch	PDF
Abridged model	31/12/2015	06/05/2016	10/05/2016	Dutch	PDF
Abridged model	31/12/2014	01/05/2015	04/06/2015	Dutch	PDF
Abridged model	31/12/2013	02/05/2014	03/07/2014	Dutch	PDF
Abridged model	31/12/2012	03/05/2013	06/05/2013	Dutch	PDF
Abridged model	31/12/2011	04/05/2012	01/06/2012	Dutch	PDF
Abridged model	31/12/2010	06/05/2011	26/05/2011	Dutch	PDF
Abridged model	31/12/2009	07/05/2010	10/05/2010	Dutch	PDF
Abridged model	31/12/2008	04/05/2009	28/05/2009	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ANRU0668.862.312Represented by Annelies MICHIELSEN	Directorsince 30/12/2016Manager30/12/2016 → 2019 accountsended
ELST RUUD1023.231.125Represented by Ruud Elst	Directorsince 30/04/2025

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Annelies Michielsen	Manager18/10/2007 → 2015 accountsAssociate01/09/2007 → 2012 accounts
Ruud Elst	Manager18/10/2007 → 30/12/2016

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

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
BVBA: wijziging
PDF
Other31/10/2007
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF

Similar companies

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

Filings10 filings

Mandates

ANRU

ELST RUUD

Ruud Elst

Annelies Michielsen

20072008200920102011201220132014201520162017201820192020202120222023202420252026

ELMI

Langstraat 2, 2328 Meerle

DirectorManager

Director

Manager

ManagerAssociate

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Langstraat 2, 2328 MeerleCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00123732

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
ELMICurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00123732

Events

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

ELMI

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events