Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
ELDAN from Vorst, company number BE0438389124, closed financial year 2025 with a result of € -19,405 after tax. For that financial year ELDAN recorded a gross margin of € -14,099 and equity of € -109,143. Compared with financial year 2024, the result moved from € -14,999 to € -19,405. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 26, 2026.
€ -109,143
▼ € 19,405 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -19,405
▼ 29 % more loss than in 2024
Profit after tax over the fiscal year.
€ 4,854
▼ 76% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -195,905.
Debts at end 2025
€ 125,000
Loans from banks and other lenders, long and short.
€ 4,630
▲ € 3,904 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -10,053 | € -17,237 | € -9,301 | € -14,099 | ▼ € 4,798 |
| Profit after taxes | € -12,506 | € -22,509 | € -14,999 | € -19,405 | ▼ € 4,405 |
| Equity | € -52,229 | € -74,738 | € -89,738 | € -109,143 | ▼ € 19,405 |
| Total debts | € 161,931 | € 161,093 | € 184,409 | € 188,390 | ▲ 2% |
| Cash | € 35,309 | € 11,962 | € 20,279 | € 4,854 | ▼ 76% |
| Retained profit | € -138,992 | € -161,501 | € -176,500 | € -195,905 | ▼ € 19,405 |
| Bank debt | € 100,000 | € 100,000 | € 125,000 | € 125,000 | |
| Balance sheet total | € 109,701 | € 86,355 | € 94,671 | € 79,247 | ▼ 16% |
Key figures of ELDAN, 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 ELDAN?
What happened at ELDAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Liliane Sidis stepped down as director. NBB
- Marc Wahba stepped down as director. NBB
- Alain Wahba stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 19,405. filed late Source: NBB ↗
- Liliane Sidis became a director. NBB
- Marc Wahba became a director. NBB
- Alain Wahba became a director. NBB
- New establishment in Vorst. KBO
In short
From € 12,506 loss in 2022 to € 19,405 loss in 2025.
Management
Directors
According to the 2025 annual accounts
since 2023 · until 2029
Marc Wahba
Managing director
since 2023 · until 2029
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Minervalaan 15 box 99
1190 Vorst
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0438.389.124
- VAT number
- BE 0438.389.124
- Registered office
- Minervalaan 15 bus 99, 1190 Vorst
- Names & denominations
- ELDAN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 September 1989
- Peppol
- Not registered