Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ELZENDAL from Knokke-Heist, company number BE0426565418, closed financial year 2025 with a result of € -6,743 after tax. For that financial year ELZENDAL recorded a gross margin of € 109,894 and equity of € 133,424. Compared with financial year 2024, the result moved from € -84,687 to € -6,743. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 13, 2026.
€ 133,424
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,743
▲ 92 % less loss than in 2024
Profit after tax over the fiscal year.
€ 348
▼ 50% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 5,424.
Debts at end 2025
€ 616,000
▼ 34% vs 2024
Loans from banks and other lenders, long and short.
€ 35,608
▲ € 35,034 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,316
▲ € 3,305 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 63,245 | € 46,735 | € 38,531 | € 109,894 | ▲ 185% |
| Profit after taxes | € -1,112 | € -23,673 | € -84,687 | € -6,743 | ▲ € 77,943 |
| Equity | € 248,528 | € 224,855 | € 140,168 | € 133,424 | ▼ 5% |
| Total debts | € 625,174 | € 612,326 | € 1,641,172 | € 1,510,939 | ▼ 8% |
| Cash | € 22,219 | € 12,794 | € 697 | € 348 | ▼ 50% |
| Land & buildings | € 829,972 | € 789,662 | € 1,751,509 | € 1,541,649 | ▼ 12% |
| Retained profit | € 120,528 | € 96,855 | € 12,168 | € 5,424 | ▼ 55% |
| Bank debt | € 210,854 | € 177,952 | € 935,697 | € 616,000 | ▼ 34% |
| Balance sheet total | € 946,695 | € 907,253 | € 1,848,494 | € 1,682,904 | ▼ 9% |
Key figures of ELZENDAL, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to ELZENDAL?
What happened at ELZENDAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Anne Schaillée stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 6,743. filed late Source: NBB ↗
- Anne Schaillée became a director. NBB
- New establishment in Knokke-Heist. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,112 loss in 2022 to € 6,743 loss in 2025.
Paid € 133 in corporate taxes since 2022.
Management
Directors
According to the 2025 annual accounts
Anne Schaillée
Managing director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Korenbloemdreef 24
8300 Knokke-Heist
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0426.565.418
- VAT number
- BE 0426.565.418
- Registered office
- Korenbloemdreef 24, 8300 Knokke-Heist
- Names & denominations
- ELZENDAL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 November 1984
- Peppol
- Active · Active since 31 Dec 2025
- Activities · NACE
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