What does ELZENWALLE do?

ELZENWALLE is an events organiser in Ieper. Public Limited, started on 10 September 1993, 1 establishment.

What is the address of ELZENWALLE?

The registered office of ELZENWALLE is located at Kemmelseweg 72, 8902 Ieper.

Is ELZENWALLE still active?

Yes. According to the CBE (29 October 2026) ELZENWALLE is active, legal situation “Normale toestand”, started on 10 September 1993.

Is ELZENWALLE registered on Peppol?

Yes, ELZENWALLE is registered on the Peppol network with ID 0208:0450893711.

What is the enterprise number of ELZENWALLE?

The enterprise number of ELZENWALLE is BE0450893711.

When was ELZENWALLE founded?

ELZENWALLE was founded on 10 September 1993.

Who are the directors of ELZENWALLE?

According to the 2025 annual accounts, the directors of ELZENWALLE are: Paul Gheysens, Passionata BV.

Is ELZENWALLE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 10 September 1993; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did ELZENWALLE make in 2025?

ELZENWALLE posted a profit after taxes of € 1,278,579 in financial year 2025.

What is the revenue of ELZENWALLE?

As a small company, ELZENWALLE is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 3,015,632.

How much does an employee at ELZENWALLE earn?

The average wage cost per full-time employee at ELZENWALLE was € 52,200 in 2025: staff costs of € 260,865 for 5 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does ELZENWALLE have?

According to the 2025 annual accounts, ELZENWALLE has 5 full-time equivalents (FTE).

ELZENWALLE (Public Limited) - Ieper - BE0450893711

Dossier ELZENWALLE, printed on 29 October 2026 from databakkes.be/en/0450893711/elzenwalle. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 22 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

ELZENWALLE from Ieper, company number BE0450893711, closed financial year 2025 with a result of € 1.3 million after tax. For that financial year ELZENWALLE recorded a gross margin of € 3 million and equity of € 44 million. Compared with financial year 2024, the result moved from € -20,417 to € 1.3 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 24, 2026.

What it is worth Growing

€ 44 million

▲ 3% vs 2024

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

Profit Growing

€ 1.3 million

▲ still € 20,417 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 13,689

▼ 63% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 42.8 million.

People and assets in 2025

Full-time equivalents

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

Wage cost

€ 260,865

€ 52,200 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.

Vehicles and equipment

€ 3.5 million

▼ 75% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

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

Owed to suppliers

€ 710,844

▼ 3% vs 2024

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

Taxes and wages

€ 678,203

▲ 37% 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	€ 320,026 Gross margin 2022: € 320,026 First fiscal year in the series	€ 405,182 Gross margin 2023: € 405,182 ▲ 27% vs 2022 (€ 320,026) Favourable step	€ 137,167 Gross margin 2024: € 137,167 ▼ 66% vs 2023 (€ 405,182) Unfavourable step	€ 3,015,632 Gross margin 2025: € 3,015,632 ▲ € 2.9 million vs 2024 (€ 137,167) Favourable step	▲ € 2.9 million
Profit after taxes	€ -96,419 Profit after taxes 2022: € -96,419 First fiscal year in the series	€ 882,552 Profit after taxes 2023: € 882,552 ▲ € 978,971 vs 2022 (€ -96,419) Favourable step	€ -20,417 Profit after taxes 2024: € -20,417 ▼ € 902,969 vs 2023 (€ 882,552) Unfavourable step	€ 1,278,579 Profit after taxes 2025: € 1,278,579 ▲ € 1.3 million vs 2024 (€ -20,417) Favourable step	▲ € 1.3 million
Equity	€ 41,898,319 Equity 2022: € 41,898,319 First fiscal year in the series	€ 42,780,871 Equity 2023: € 42,780,871 ▲ 2% vs 2022 (€ 41,898,319) Favourable step	€ 42,760,455 Equity 2024: € 42,760,455 Unchanged (€ 42,780,871) Unfavourable step	€ 44,039,034 Equity 2025: € 44,039,034 ▲ 3% vs 2024 (€ 42,760,455) Favourable step	▲ 3%
Total debts	€ 559,287 Total debts 2022: € 559,287 First fiscal year in the series	€ 502,678 Total debts 2023: € 502,678 ▼ 10% vs 2022 (€ 559,287) Favourable step	€ 1,238,779 Total debts 2024: € 1,238,779 ▲ 146% vs 2023 (€ 502,678) Unfavourable step	€ 1,396,826 Total debts 2025: € 1,396,826 ▲ 13% vs 2024 (€ 1,238,779) Unfavourable step	▲ 13%
Cash	€ 33,846 Cash 2022: € 33,846 First fiscal year in the series	€ 25,578 Cash 2023: € 25,578 ▼ 24% vs 2022 (€ 33,846) Unfavourable step	€ 36,926 Cash 2024: € 36,926 ▲ 44% vs 2023 (€ 25,578) Favourable step	€ 13,689 Cash 2025: € 13,689 ▼ 63% vs 2024 (€ 36,926) Unfavourable step	▼ 63%
Land & buildings	€ 5,572,767 Land & buildings 2022: € 5,572,767 First fiscal year in the series	€ 5,099,400 Land & buildings 2023: € 5,099,400 ▼ 8% vs 2022 (€ 5,572,767) Unchanged	€ 4,629,815 Land & buildings 2024: € 4,629,815 ▼ 9% vs 2023 (€ 5,099,400) Unchanged	€ 4,170,907 Land & buildings 2025: € 4,170,907 ▼ 10% vs 2024 (€ 4,629,815) Unchanged	▼ 10%
Retained profit	€ 40,658,319 Retained profit 2022: € 40,658,319 First fiscal year in the series	€ 41,540,871 Retained profit 2023: € 41,540,871 ▲ 2% vs 2022 (€ 40,658,319) Favourable step	€ 41,520,455 Retained profit 2024: € 41,520,455 Unchanged (€ 41,540,871) Unfavourable step	€ 42,799,034 Retained profit 2025: € 42,799,034 ▲ 3% vs 2024 (€ 41,520,455) Favourable step	▲ 3%
Balance sheet total	€ 42,457,606 Balance sheet total 2022: € 42,457,606 First fiscal year in the series	€ 43,283,549 Balance sheet total 2023: € 43,283,549 ▲ 2% vs 2022 (€ 42,457,606) Unchanged	€ 43,999,233 Balance sheet total 2024: € 43,999,233 ▲ 2% vs 2023 (€ 43,283,549) Unchanged	€ 46,171,996 Balance sheet total 2025: € 46,171,996 ▲ 5% vs 2024 (€ 43,999,233) Unchanged	▲ 5%
Employees (FTE)	4.7 Employees (FTE) 2022: 4.7 First fiscal year in the series	4.2 Employees (FTE) 2023: 4.2 ▼ 0.5 vs 2022 (4.7) Unchanged	5 Employees (FTE) 2024: 5 ▲ 0.8 vs 2023 (4.2) Unchanged	5 Employees (FTE) 2025: 5 Unchanged (5) Unchanged

Key figures of ELZENWALLE, 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 ELZENWALLE?

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

2029 Paul Gheysens stepped down as director. NBB
2029 Passionata BV stepped down as director. NBB
Sep 24, 2026 New annual accounts for financial year 2025: profit of € 1.3 million. filed late Source: NBB ↗
2023 Paul Gheysens became a director. NBB
2023 Passionata BV became a director. NBB
Oct 6, 1993 New establishment in Ieper. KBO
Sep 10, 1993 Start of the company according to the CBE. KBO

In short

From € 96,419 loss in 2022 to € 1.3 million profit in 2025.

Paid € 1.1 million in corporate taxes since 2022.

Best year ever: 2025, with € 1.3 million profit.

On average € 603,100 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

DEUS 99.4%

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

ELZENWALLE

The shares are held by DEUS (99.4%).

Directors

According to the 2025 annual accounts

Paul Gheysens

Chairman of the board

Also active at: DOCK-SITE, R.H.R. - INDUSTRIES, GHELAMCO, GHELAMCO INVEST, SOGIMES, IMMOBILIERE NORTH SEA PROPERTIES, YPFINANCE, THE WHITE HOUSE ZOUTE +74 more

since 2023 · until 2029

Passionata BV

Managing director · represented by Ria Vandoorne

Also active at: IMMOBILIERE NORTH SEA PROPERTIES, PRODIP, ZOUTEWIND, ZEEWALLE, PROJECT BOUDEWIJNLAAN, ZOUTEKREKEN, PHORMIO, DEUS +2 more

since 2023 · until 2029

Shareholders

DEUS

99.4%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Kemmelseweg 72

8902 Ieper

2.063.817.926

Zwaanhofweg 10

8900 Ieper

Active since 6 October 1993

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.

All companies at this address →

MEDICAL INTELLIGENCE HUB same network

GHLOBAL

€ 251,952 gross margin · 2025

ZOUTEWIND same network

€ 3.5 million gross margin · 2025

ZEEWALLE same network

€ 8.3 million gross margin · 2025

PASSIONATA same network

€ 102,355 gross margin · 2025

+1 more

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

Details

Company number

0450.893.711

VAT number

BE 0450.893.711

Registered office

Kemmelseweg 72, 8902 Ieper

Names & denominations

ELZENWALLE

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

10 September 1993

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Organisatie van congressen en beurzen

Handelsbemiddeling in de niet-gespecialiseerde groothandel

Handelsbemiddeling in goederen, algemeen assortiment

View on CBE Public ↗ Annual accounts (NBB) ↗

ELZENWALLE

Warning lights

Financials

What happened to ELZENWALLE?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions