Active · per the CBE, 1 October 2026

ELAD

BE0440714451

Rechtspersoon Public limited company

Prinses Astridlaan 9, 2610 Antwerpen

Behind the company: Effraïm Micky Baruch, David Baruch, Azar Baruch.

Active for

36 year, 5 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 8 % of short-term debt in 2024; threshold 65 %.

Financials

Financial year 2024

ELAD from Antwerpen, company number BE0440714451, closed financial year 2024 with a result of € 35,528 after tax. For that financial year ELAD recorded a gross margin of € 136,978 and equity of € 336,448. Compared with financial year 2023, the result moved from € -11,796 to € 35,528. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on November 27, 2025.

What it is worth Growing

€ 336,448

▲ 12% vs 2023

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

Profit Growing

€ 35,528

▲ still € 11,796 loss in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 561

▼ 79% vs 2023

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

Where the profit goes Growing

Stays in the company

No dividend for 2024. Retained profit grew to € 274,448.

Debts at end 2024

Bank debt ≈ 3 years to go

€ 95,360

▼ 44% vs 2023

€ 31,720 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 53,672

▲ 20% vs 2023

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

Taxes

€ 3,680

▼ 35% vs 2023

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
202220232024Change 2023 → 2024
Gross margin € 120,083 € 116,074 € 136,978 ▲ 18%
Profit after taxes € -13,211 € -11,796 € 35,528 ▲ € 47,324
Equity € 312,715 € 300,920 € 336,448 ▲ 12%
Total debts € 856,530 € 776,426 € 904,294 ▲ 16%
Cash € 13,785 € 2,649 € 561 ▼ 79%
Land & buildings € 1,177,519 € 1,116,622 € 1,270,237 ▲ 14%
Retained profit € 250,715 € 238,920 € 274,448 ▲ 15%
Bank debt € 246,415 € 168,896 € 95,360 ▼ 44%
Balance sheet total € 1,233,424 € 1,135,093 € 1,292,058 ▲ 14%

Key figures of ELAD, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to ELAD?

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

  • New annual accounts for financial year 2024: profit of € 35,528. filed late Source: NBB ↗
  • Start of the company according to the CBE. KBO

In short

From € 13,211 loss in 2022 to € 35,528 profit in 2024.

Paid € 33,534 in corporate taxes since 2022.

Best year ever: 2024, with € 35,528 profit.

Management

Effraïm Micky Baruch David Baruch Azar Baruch

Behind ELAD are Effraïm Micky Baruch, David Baruch and Azar Baruch. Azar Baruch is also behind Parillada Argentina.

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Directors

According to the 2024 annual accounts

Effraïm Micky Baruch

Director

David Baruch

Director

Azar Baruch

Managing director

Also active at: Parillada Argentina

Establishments

Establishment units

Physical locations of this company

Registered office

Prinses Astridlaan 9

2610 Antwerpen

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

Details

Company number
0440.714.451
VAT number
BE 0440.714.451
Registered office
Prinses Astridlaan 9, 2610 Antwerpen
Names & denominations
ELAD
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
27 April 1990
Peppol
Active · Active since 30 Jan 2026

Frequently asked questions

What is the address of ELAD?
The registered office of ELAD is located at Prinses Astridlaan 9, 2610 Antwerpen.
Is ELAD still active?
Yes. According to the CBE (1 October 2026) ELAD is active, legal situation “Normale toestand”, started on 27 April 1990.
Is ELAD registered on Peppol?
Yes, ELAD is registered on the Peppol network with ID 0208:0440714451.
What is the enterprise number of ELAD?
The enterprise number of ELAD is BE0440714451.
When was ELAD founded?
ELAD was founded on 27 April 1990.
Who owns ELAD?
Behind ELAD are Effraïm Micky Baruch, David Baruch and Azar Baruch. Azar Baruch is also behind Parillada Argentina.