Financials
Financial year 2025
FRANCIS VAN ELST from Koksijde, company number BE0434729452, closed financial year 2025 with a result of € -40,037 after tax. For that financial year FRANCIS VAN ELST recorded a gross margin of € 47,414 and equity of € 2.7 million. Compared with financial year 2024, the result moved from € 251,933 to € -40,037. The company made a loss. 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 October 12, 2026.
€ 2.7 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -40,037
▼ still € 251,933 profit in 2024
Profit after tax over the fiscal year.
€ 6,698
▼ 81% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2.1 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 2,000
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 16,659
▼ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 445
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 | € -5,147 | € 112,012 | € 355,430 | € 47,414 | ▼ 87% |
| Profit after taxes | € -78,900 | € -139,450 | € 251,933 | € -40,037 | ▼ € 291,970 |
| Equity | € 2,673,628 | € 2,534,178 | € 2,786,111 | € 2,746,074 | ▼ 1% |
| Total debts | € 21,724 | € 642,509 | € 20,810 | € 17,104 | ▼ 18% |
| Cash | € 17,762 | € 11,950 | € 34,467 | € 6,698 | ▼ 81% |
| Land & buildings | € 1,908,468 | € 2,591,011 | € 1,975,384 | € 1,857,783 | ▼ 6% |
| Retained profit | € 2,061,585 | € 1,922,135 | € 2,174,068 | € 2,134,031 | ▼ 2% |
| Bank debt | € 0 | € 550,000 | € 0 | € 0 | |
| Balance sheet total | € 2,695,352 | € 3,176,688 | € 2,806,921 | € 2,763,178 | ▼ 2% |
Key figures of FRANCIS VAN ELST, 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 June 2027.
What happened to FRANCIS VAN ELST?
What happened at FRANCIS VAN ELST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 40,037 (▼ € 291,970 vs 2024). filed late Source: NBB ↗
- New establishment in Koksijde. KBO
- Start of the company according to the CBE. KBO
In short
From € 78,900 loss in 2022 to € 40,037 loss in 2025.
Best year ever: 2024, with € 251,933 profit.
Management
The stake of KENZIE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FRANCIS VAN ELSTBehind FRANCIS VAN ELST is Francis Van Elst. The shares are held by KENZIE (17.8%).
Establishments
Establishment units
Physical locations of this company
Zeeraketstraat(ODK) 9
8670 Koksijde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0434.729.452
- VAT number
- BE 0434.729.452
- Registered office
- Zeeraketstraat(ODK) 9, 8670 Koksijde
- Names & denominations
- FRANCIS VAN ELST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 June 1988
- Peppol
- Active · Active since 29 Sept 2026
- Activities · NACE
Overige recreatie- en ontspanningsactiviteiten, neg
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen