VALERN is a property manager in Amel. Public Limited, started on 5 November 1987, 1 establishment.

What is the address of VALERN?

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

Is VALERN still active?

Yes. According to the CBE (29 October 2026) VALERN is active, legal situation “Normale toestand”, started on 5 November 1987.

Is VALERN registered on Peppol?

Yes, VALERN is registered on the Peppol network with ID 0208:0432445202.

What is the enterprise number of VALERN?

The enterprise number of VALERN is BE0432445202.

When was VALERN founded?

VALERN was founded on 5 November 1987.

Who are the directors of VALERN?

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

Is VALERN a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 5 November 1987; 5 annual accounts filed, latest fiscal year 2025; 5 directors known from the annual account.

How much profit did VALERN make in 2025?

VALERN posted a profit after taxes of € 536,380 in financial year 2025.

What is the revenue of VALERN?

As a small company, VALERN is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 410,633.

How much does an employee at VALERN earn?

The average wage cost per full-time employee at VALERN was € 60,700 in 2025: staff costs of € 121,454 for 2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does VALERN have?

According to the 2025 annual accounts, VALERN has 2 full-time equivalents (FTE).

VALERN (Public Limited) - Amel - BE0432445202

Dossier VALERN, printed on 29 October 2026 from databakkes.be/en/0432445202/valern. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

VALERN from Amel, company number BE0432445202, closed financial year 2025 with a result of € 536,380 after tax. For that financial year VALERN recorded a gross margin of € 410,633 and equity of € 8.5 million. Compared with financial year 2024, the result moved from € 576,199 to € 536,380. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.

What it is worth Healthy

€ 8.5 million

▼ 5% vs 2024

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

Profit Healthy

€ 536,380

▼ 7% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 596,123

▲ € 480,252 vs 2024

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

Where the profit goes Pays out

€ 1 million paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

▲ 0.7 vs 2024

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

Wage cost

€ 121,454

▲ 33% vs 2024

€ 60,700 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.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 697

▼ 7% vs 2024

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

Taxes and wages

€ 30,674

▲ 6% 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	€ 241,210 Gross margin 2022: € 241,210 First fiscal year in the series	€ 127,607 Gross margin 2023: € 127,607 ▼ 47% vs 2022 (€ 241,210) Unfavourable step	€ 275,511 Gross margin 2024: € 275,511 ▲ 116% vs 2023 (€ 127,607) Favourable step	€ 410,633 Gross margin 2025: € 410,633 ▲ 49% vs 2024 (€ 275,511) Favourable step	▲ 49%
Profit after taxes	€ 3,480,310 Profit after taxes 2022: € 3,480,310 First fiscal year in the series	€ 1,312,753 Profit after taxes 2023: € 1,312,753 ▼ 62% vs 2022 (€ 3,480,310) Unfavourable step	€ 576,199 Profit after taxes 2024: € 576,199 ▼ 56% vs 2023 (€ 1,312,753) Unfavourable step	€ 536,380 Profit after taxes 2025: € 536,380 ▼ 7% vs 2024 (€ 576,199) Unfavourable step	▼ 7%
Equity	€ 8,785,445 Equity 2022: € 8,785,445 First fiscal year in the series	€ 9,098,198 Equity 2023: € 9,098,198 ▲ 4% vs 2022 (€ 8,785,445) Favourable step	€ 8,974,397 Equity 2024: € 8,974,397 ▼ 1% vs 2023 (€ 9,098,198) Unfavourable step	€ 8,510,777 Equity 2025: € 8,510,777 ▼ 5% vs 2024 (€ 8,974,397) Unfavourable step	▼ 5%
Total debts	€ 1,019,790 Total debts 2022: € 1,019,790 First fiscal year in the series	€ 1,023,657 Total debts 2023: € 1,023,657 Unchanged (€ 1,019,790) Unfavourable step	€ 731,444 Total debts 2024: € 731,444 ▼ 29% vs 2023 (€ 1,023,657) Favourable step	€ 1,032,978 Total debts 2025: € 1,032,978 ▲ 41% vs 2024 (€ 731,444) Unfavourable step	▲ 41%
Cash	€ 1,107,997 Cash 2022: € 1,107,997 First fiscal year in the series	€ 159,301 Cash 2023: € 159,301 ▼ 86% vs 2022 (€ 1,107,997) Unfavourable step	€ 115,871 Cash 2024: € 115,871 ▼ 27% vs 2023 (€ 159,301) Unfavourable step	€ 596,123 Cash 2025: € 596,123 ▲ € 480,252 vs 2024 (€ 115,871) Favourable step	▲ € 480,252
Retained profit	€ 7,793,871 Retained profit 2022: € 7,793,871 First fiscal year in the series	€ 8,106,624 Retained profit 2023: € 8,106,624 ▲ 4% vs 2022 (€ 7,793,871) Favourable step	€ 7,982,823 Retained profit 2024: € 7,982,823 ▼ 2% vs 2023 (€ 8,106,624) Unfavourable step	€ 7,519,202 Retained profit 2025: € 7,519,202 ▼ 6% vs 2024 (€ 7,982,823) Unfavourable step	▼ 6%
Dividend	€ 1,000,000 Dividend 2022: € 1,000,000 First fiscal year in the series	€ 1,000,000 Dividend 2023: € 1,000,000 Unchanged (€ 1,000,000) Unchanged	€ 700,000 Dividend 2024: € 700,000 ▼ 30% vs 2023 (€ 1,000,000) Unchanged	€ 1,000,000 Dividend 2025: € 1,000,000 ▲ 43% vs 2024 (€ 700,000) Unchanged	▲ 43%
Balance sheet total	€ 10,269,862 Balance sheet total 2022: € 10,269,862 First fiscal year in the series	€ 10,562,319 Balance sheet total 2023: € 10,562,319 ▲ 3% vs 2022 (€ 10,269,862) Unchanged	€ 10,124,513 Balance sheet total 2024: € 10,124,513 ▼ 4% vs 2023 (€ 10,562,319) Unchanged	€ 9,939,985 Balance sheet total 2025: € 9,939,985 ▼ 2% vs 2024 (€ 10,124,513) Unchanged	▼ 2%
Employees (FTE)	1.8 Employees (FTE) 2022: 1.8 First fiscal year in the series	1 Employees (FTE) 2023: 1 ▼ 0.8 vs 2022 (1.8) Unchanged	1.3 Employees (FTE) 2024: 1.3 ▲ 0.3 vs 2023 (1) Unchanged	2 Employees (FTE) 2025: 2 ▲ 0.7 vs 2024 (1.3) Unchanged	▲ 0.7

Key figures of VALERN, 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 VALERN?

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

2027 EE-INVEST GmbH stepped down as director. NBB
2027 EMA-INVEST GmbH stepped down as director. NBB
2027 ELJU INVEST GmbH stepped down as director. NBB
2027 GEMI INVEST GmbH stepped down as director. NBB
2027 3L-SEN INVEST GmbH stepped down as director. NBB
Jul 15, 2026 New annual accounts for financial year 2025: profit of € 536,380 (▼ 7% vs 2024). Source: NBB ↗
2021 EE-INVEST GmbH became a director. NBB
2021 EMA-INVEST GmbH became a director. NBB

In short

From € 3.5 million profit in 2022 to € 536,380 profit in 2025.

Paid € 40,392 in corporate taxes since 2022.

Best year ever: 2022, with € 3.5 million profit.

On average € 205,300 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

ELS INVEST 100%

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

VALERN

Elsen-Bau Luxemburg 100%

Immobilière Hock 100%

Elsen 100%

The shares are held by ELS INVEST (100%). It owns 100% of Elsen-Bau Luxemburg, 100% of Immobilière Hock and 100% of Elsen itself.

Directors

According to the 2025 annual accounts

EE-INVEST GmbH

Director · represented by Eric ELSEN

Also active at: ELSEN, ELS INVEST

since 2021 · until 2027

EMA-INVEST GmbH

Director · represented by Markus Elsen

Also active at: ELSEN, ELS INVEST

since 2021 · until 2027

ELJU INVEST GmbH

Director · represented by Julian ELSEN

Also active at: ELSEN, ELS INVEST

since 2021 · until 2027

GEMI INVEST GmbH

Director · represented by Gert ELSEN

Also active at: ELSEN, ELS INVEST

since 2021 · until 2027

3L-SEN INVEST GmbH

Director · represented by Michael ELSEN

Also active at: ELSEN, ELS INVEST

since 2021 · until 2027

Shareholders

ELS INVEST

100%

Participations

Elsen-Bau Luxemburg

100%

Immobilière Hock

100%

Elsen

100%

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 →

ELSEN same network

€ 3.3 million 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.

Details

Company number

0432.445.202

VAT number

BE 0432.445.202

Registered office

Heppenbach,Lehmkaul 41, 4770 Amel

Names & denominations

VALERN

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

5 November 1987

Peppol

Active · Active since 5 Nov 2025

Activities · NACE

Activiteiten van syndici van onroerend goed

Activiteiten van hoofdkantoren

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Handel in eigen onroerend goed

View on CBE Public ↗ Annual accounts (NBB) ↗

VALERN

Financials

What happened to VALERN?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions