Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ELIESE from Zedelgem, company number BE0466750439, closed financial year 2025 with a result of € 75,667 after tax. For that financial year ELIESE recorded a gross margin of € 156,411 and equity of € 274,123. Compared with financial year 2024, the result moved from € 12,709 to € 75,667. 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 January 30, 2026.
€ 274,123
▲ 38% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 75,667
▲ € 62,958 vs 2024
Profit after tax over the fiscal year.
€ 23
▼ 91% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 212,123.
People and assets in 2025
€ 23,796
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 12,628
▲ 70% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 43,880
▲ 214% vs 2024
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 | € 19,342 | € 100,675 | € 68,531 | € 156,411 | ▲ 128% |
| Profit after taxes | € -8,251 | € 63,372 | € 12,709 | € 75,667 | ▲ € 62,958 |
| Equity | € 122,374 | € 185,746 | € 198,455 | € 274,123 | ▲ 38% |
| Total debts | € 185,805 | € 241,418 | € 183,493 | € 94,243 | ▼ 49% |
| Cash | € 5,953 | € 3,115 | € 258 | € 23 | ▼ 91% |
| Land & buildings | € 293,347 | € 0 | - | - | |
| Retained profit | € 60,374 | € 123,746 | € 136,455 | € 212,123 | ▲ 55% |
| Bank debt | € 153,784 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 318,707 | € 451,700 | € 405,237 | € 389,182 | ▼ 4% |
Key figures of ELIESE, 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 January 2027.
What happened to ELIESE?
What happened at ELIESE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Frankaline Invest NV stepped down as director. NBB
- Kathleen Sobrie stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 75,667 (▲ € 62,958 vs 2024). Source: NBB ↗
- Frankaline Invest NV became a director. NBB
- Kathleen Sobrie became a director. NBB
- New establishment in Zedelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,251 loss in 2022 to € 75,667 profit in 2025.
Paid € 44,187 in corporate taxes since 2022.
Best year ever: 2025, with € 75,667 profit.
Management
Directors
According to the 2025 annual accounts
Director · represented by Francis DRUWEL
since 2015 · until 2027
since 2009 · until 2027
Establishments
Establishment units
Physical locations of this company
Molendreef 9
8210 Zedelgem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0466.750.439
- VAT number
- BE 0466.750.439
- Registered office
- Molendreef 9, 8210 Zedelgem
- Names & denominations
- ELIESE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 September 1999
- Peppol
- Active · Active since 28 May 2025
- Activities · NACE
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