ELSEN is a construction company in Amel. Public Limited, started on 30 December 1970, 1 establishment.

What is the address of ELSEN?

The registered office of ELSEN is located at Heppenbach,Lehmkaul 41, 4770 Amel.

Is ELSEN still active?

Yes. According to the CBE (29 October 2026) ELSEN is active, legal situation “Normale toestand”, started on 30 December 1970.

Is ELSEN registered on Peppol?

Yes, ELSEN is registered on the Peppol network with ID 0208:0407924986.

What is the enterprise number of ELSEN?

The enterprise number of ELSEN is BE0407924986.

When was ELSEN founded?

ELSEN was founded on 30 December 1970.

Who are the directors of ELSEN?

According to the 2025 annual accounts, the directors of ELSEN are: EE-INVEST GmbH, EMA-INVEST GmbH, ELJU INVEST GmbH, GEMI INVEST GmbH, 3L-SEN INVEST GmbH.

Is ELSEN a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 30 December 1970; 4 annual accounts filed, latest fiscal year 2025; 5 directors known from the annual account.

How much profit did ELSEN make in 2025?

ELSEN posted a profit after taxes of € 982,749 in financial year 2025.

What is the revenue of ELSEN?

As a small company, ELSEN is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 3,250,715.

How much does an employee at ELSEN earn?

The average wage cost per full-time employee at ELSEN was € 42,600 in 2025: staff costs of € 1.8 million for 42.4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does ELSEN have?

According to the 2025 annual accounts, ELSEN has 42.4 full-time equivalents (FTE).

Does ELSEN have a website?

Yes, ELSEN has a website at elsenag.com.

ELSEN (Public Limited) - Amel - BE0407924986

Dossier ELSEN, printed on 29 October 2026 from databakkes.be/en/0407924986/elsen. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

ELSEN from Amel, company number BE0407924986, closed financial year 2025 with a result of € 982,749 after tax. For that financial year ELSEN recorded a gross margin of € 3.3 million and equity of € 7.3 million. Compared with financial year 2024, the result moved from € 804,999 to € 982,749. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 26, 2026.

What it is worth Growing

€ 7.3 million

▲ 7% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 982,749

▲ 22% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1 million

▲ 54% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 525,000 paid out

53 % of the profit went to the shareholders, mostly to VALERN (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

42.4

▲ 0.3 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 1.8 million

▼ 4% vs 2024

€ 42,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 138,004

▼ 10% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 10 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 590,000

€ 60,000 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.

Owed to suppliers

€ 1.1 million

▲ 27% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 281,502

▲ 35% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 3,588,332 Gross margin 2022: € 3,588,332 First fiscal year in the series	€ 3,603,277 Gross margin 2023: € 3,603,277 Unchanged (€ 3,588,332) Favourable step	€ 2,978,598 Gross margin 2024: € 2,978,598 ▼ 17% vs 2023 (€ 3,603,277) Unfavourable step	€ 3,250,715 Gross margin 2025: € 3,250,715 ▲ 9% vs 2024 (€ 2,978,598) Favourable step	▲ 9%
Profit after taxes	€ 1,204,173 Profit after taxes 2022: € 1,204,173 First fiscal year in the series	€ 1,283,873 Profit after taxes 2023: € 1,283,873 ▲ 7% vs 2022 (€ 1,204,173) Favourable step	€ 804,999 Profit after taxes 2024: € 804,999 ▼ 37% vs 2023 (€ 1,283,873) Unfavourable step	€ 982,749 Profit after taxes 2025: € 982,749 ▲ 22% vs 2024 (€ 804,999) Favourable step	▲ 22%
Equity	€ 6,347,923 Equity 2022: € 6,347,923 First fiscal year in the series	€ 6,631,796 Equity 2023: € 6,631,796 ▲ 4% vs 2022 (€ 6,347,923) Favourable step	€ 6,861,795 Equity 2024: € 6,861,795 ▲ 3% vs 2023 (€ 6,631,796) Favourable step	€ 7,319,545 Equity 2025: € 7,319,545 ▲ 7% vs 2024 (€ 6,861,795) Favourable step	▲ 7%
Total debts	€ 3,389,557 Total debts 2022: € 3,389,557 First fiscal year in the series	€ 2,432,933 Total debts 2023: € 2,432,933 ▼ 28% vs 2022 (€ 3,389,557) Favourable step	€ 1,785,879 Total debts 2024: € 1,785,879 ▼ 27% vs 2023 (€ 2,432,933) Favourable step	€ 2,715,631 Total debts 2025: € 2,715,631 ▲ 52% vs 2024 (€ 1,785,879) Unfavourable step	▲ 52%
Cash	€ 1,030,158 Cash 2022: € 1,030,158 First fiscal year in the series	€ 1,234,495 Cash 2023: € 1,234,495 ▲ 20% vs 2022 (€ 1,030,158) Favourable step	€ 675,675 Cash 2024: € 675,675 ▼ 45% vs 2023 (€ 1,234,495) Unfavourable step	€ 1,039,547 Cash 2025: € 1,039,547 ▲ 54% vs 2024 (€ 675,675) Favourable step	▲ 54%
Land & buildings	€ 260,103 Land & buildings 2022: € 260,103 First fiscal year in the series	€ 251,559 Land & buildings 2023: € 251,559 ▼ 3% vs 2022 (€ 260,103) Unchanged	€ 243,251 Land & buildings 2024: € 243,251 ▼ 3% vs 2023 (€ 251,559) Unchanged	€ 937,040 Land & buildings 2025: € 937,040 ▲ 285% vs 2024 (€ 243,251) Unchanged	▲ 285%
Retained profit	€ 6,099,923 Retained profit 2022: € 6,099,923 First fiscal year in the series	€ 6,383,796 Retained profit 2023: € 6,383,796 ▲ 5% vs 2022 (€ 6,099,923) Favourable step	€ 6,613,795 Retained profit 2024: € 6,613,795 ▲ 4% vs 2023 (€ 6,383,796) Favourable step	€ 7,071,545 Retained profit 2025: € 7,071,545 ▲ 7% vs 2024 (€ 6,613,795) Favourable step	▲ 7%
Dividend	€ 2,000,000 Dividend 2022: € 2,000,000 First fiscal year in the series	€ 1,000,000 Dividend 2023: € 1,000,000 ▼ 50% vs 2022 (€ 2,000,000) Unchanged	€ 575,000 Dividend 2024: € 575,000 ▼ 42% vs 2023 (€ 1,000,000) Unchanged	€ 525,000 Dividend 2025: € 525,000 ▼ 9% vs 2024 (€ 575,000) Unchanged	▼ 9%
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 0 Bank debt 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Bank debt 2024: € 0 Unchanged (€ 0) Unchanged	€ 590,000 Bank debt 2025: € 590,000 Unchanged (€ 0) Unfavourable step
Balance sheet total	€ 9,737,480 Balance sheet total 2022: € 9,737,480 First fiscal year in the series	€ 9,064,729 Balance sheet total 2023: € 9,064,729 ▼ 7% vs 2022 (€ 9,737,480) Unchanged	€ 8,647,675 Balance sheet total 2024: € 8,647,675 ▼ 5% vs 2023 (€ 9,064,729) Unchanged	€ 10,035,176 Balance sheet total 2025: € 10,035,176 ▲ 16% vs 2024 (€ 8,647,675) Unchanged	▲ 16%
Employees (FTE)	45.1 Employees (FTE) 2022: 45.1 First fiscal year in the series	40.4 Employees (FTE) 2023: 40.4 ▼ 4.7 vs 2022 (45.1) Unchanged	42.1 Employees (FTE) 2024: 42.1 ▲ 1.7 vs 2023 (40.4) Unchanged	42.4 Employees (FTE) 2025: 42.4 ▲ 0.3 vs 2024 (42.1) Unchanged	▲ 0.3

Key figures of ELSEN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to ELSEN?

What happened at ELSEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2026 EE-INVEST GmbH stepped down as director. NBB
2026 EMA-INVEST GmbH stepped down as director. NBB
2026 ELJU INVEST GmbH stepped down as director. NBB
2026 GEMI INVEST GmbH stepped down as director. NBB
2026 3L-SEN INVEST GmbH stepped down as director. NBB
Jan 26, 2026 New annual accounts for financial year 2025: profit of € 982,749 (▲ 22% vs 2024). Source: NBB ↗
2021 EE-INVEST GmbH became a director. NBB
2021 EMA-INVEST GmbH became a director. NBB

In short

From € 1.2 million profit in 2022 to € 982,749 profit in 2025.

Paid € 1.3 million in corporate taxes since 2022.

Best year ever: 2023, with € 1.3 million profit.

On average € 76,700 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

VALERN 100%

The stake of VALERN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

ELSEN

RECYCAM SA 20%

The shares are held by VALERN (100%). It owns 20% of RECYCAM SA itself.

Directors

According to the 2025 annual accounts

EE-INVEST GmbH

Managing director · represented by Eric ELSEN

Also active at: VALERN, ELS INVEST

since 2021 · until 2026

EMA-INVEST GmbH

Managing director · represented by Markus Elsen

Also active at: VALERN, ELS INVEST

since 2021 · until 2026

ELJU INVEST GmbH

Managing director · represented by Julian ELSEN

Also active at: VALERN, ELS INVEST

since 2021 · until 2026

GEMI INVEST GmbH

Managing director · represented by Gert ELSEN

Also active at: VALERN, ELS INVEST

since 2021 · until 2026

3L-SEN INVEST GmbH

Managing director · represented by Michael ELSEN

Also active at: VALERN, ELS INVEST

since 2021 · until 2026

Shareholders

VALERN

100%

Participations

RECYCAM SA

20%

Establishments

Establishment units

Physical locations of this company

Registered office

Heppenbach,Lehmkaul 41

4770 Amel

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

VALERN same network

€ 410,633 gross margin · 2025

Arbeitsgemeinschaft Elsen-Trageco

ELS INVEST same network

€ -2,350 gross margin · 2025

Société momentanée ELSEN-CONVENTS

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

HTTPS elsenag.com

Canonical: https://www.elsenag.com/

Technologies

BootstrapCloudflare CDNJSFont AwesomeGoogle AnalyticsGoogle FontsNginxOwl CarouselPHPSlickWPMLWordPressYoast SEOjQuery

Hosting & Email

Email provider

Self-hosted

Hosting

SAARGATE-AS VSE NET GmbH, DE

DNS

OVH DNS

Domain

elsenag.com

Registered

2006-04-25

Registrar

OVH, SAS

Expires

2026-04-25

Website info

HTTPS Ja

Languages DE, FR

Features

Webshop

Security

✓ HTTPS

✓ SPF

✗ DMARC

Details

Company number

0407.924.986

VAT number

BE 0407.924.986

Registered office

Heppenbach,Lehmkaul 41, 4770 Amel

Names & denominations

ELSEN

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

30 December 1970

Peppol

Active · Active since 29 Sept 2026

Contact

elsenag.com [email protected]

Activities · NACE

Algemene bouw van andere niet-residentiële gebouwen

Optrekken van gebouwen voor industrieel of commercieel gebruik, voor landbouwdoeleinden, enz.

Bouwen van individuele huizen

Algemene bouw van residentiële gebouwen

Schrijnwerk van hout of van kunststof

Grondverzet

Baggerwerken

Handel in onroerend goed

View on CBE Public ↗ Annual accounts (NBB) ↗

ELSEN

Financials

What happened to ELSEN?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Website

Technologies

Hosting & Email

Domain

Website info

Features

Security

Details

Frequently asked questions