What does ELSCO INVEST do?

ELSCO INVEST is a bar in Damme. Public Limited, started on 21 August 2002, 1 establishment.

What is the address of ELSCO INVEST?

The registered office of ELSCO INVEST is located at Vierscharestraat 29, 8340 Damme.

Is ELSCO INVEST still active?

Yes. According to the CBE (29 October 2026) ELSCO INVEST is active, legal situation “Normale toestand”, started on 21 August 2002.

Is ELSCO INVEST registered on Peppol?

Yes, ELSCO INVEST is registered on the Peppol network with ID 0208:0478191588.

What is the enterprise number of ELSCO INVEST?

The enterprise number of ELSCO INVEST is BE0478191588.

When was ELSCO INVEST founded?

ELSCO INVEST was founded on 21 August 2002.

Who are the directors of ELSCO INVEST?

According to the 2025 annual accounts, the directors of ELSCO INVEST are: Els Froyen, Terry Invest BV.

Is ELSCO INVEST a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 21 August 2002; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did ELSCO INVEST make in 2025?

ELSCO INVEST posted a profit after taxes of € 24,917 in financial year 2025.

What is the revenue of ELSCO INVEST?

As a small company, ELSCO INVEST is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 104,653.

ELSCO INVEST (Public Limited) - Damme - BE0478191588

Dossier ELSCO INVEST, printed on 29 October 2026 from databakkes.be/en/0478191588/elsco-invest. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

ELSCO INVEST from Damme, company number BE0478191588, closed financial year 2025 with a result of € 24,917 after tax. For that financial year ELSCO INVEST recorded a gross margin of € 104,653 and equity of € 86,518. Compared with financial year 2024, the result moved from € 31,278 to € 24,917. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 12, 2026.

What it is worth Growing

€ 86,518

▲ 40% vs 2024

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

Profit Healthy

€ 24,917

▼ 20% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 57,308

▼ 16% 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 € 24,518.

People and assets in 2025

Vehicles and equipment

€ 61,095

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 16 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 514,754

▲ 4% vs 2024

€ 31,480 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.

Owed to suppliers

€ 129,808

▲ 13% vs 2024

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

Taxes

€ 29,820

▲ 52% vs 2024

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

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 99,222 Gross margin 2022: € 99,222 First fiscal year in the series	€ 106,700 Gross margin 2023: € 106,700 ▲ 8% vs 2022 (€ 99,222) Favourable step	€ 97,318 Gross margin 2024: € 97,318 ▼ 9% vs 2023 (€ 106,700) Unfavourable step	€ 104,653 Gross margin 2025: € 104,653 ▲ 8% vs 2024 (€ 97,318) Favourable step	▲ 8%
Profit after taxes	€ 40,588 Profit after taxes 2022: € 40,588 First fiscal year in the series	€ 44,457 Profit after taxes 2023: € 44,457 ▲ 10% vs 2022 (€ 40,588) Favourable step	€ 31,278 Profit after taxes 2024: € 31,278 ▼ 30% vs 2023 (€ 44,457) Unfavourable step	€ 24,917 Profit after taxes 2025: € 24,917 ▼ 20% vs 2024 (€ 31,278) Unfavourable step	▼ 20%
Equity	€ -14,134 Equity 2022: € -14,134 First fiscal year in the series	€ 30,323 Equity 2023: € 30,323 ▲ € 44,457 vs 2022 (€ -14,134) Favourable step	€ 61,600 Equity 2024: € 61,600 ▲ 103% vs 2023 (€ 30,323) Favourable step	€ 86,518 Equity 2025: € 86,518 ▲ 40% vs 2024 (€ 61,600) Favourable step	▲ 40%
Total debts	€ 822,448 Total debts 2022: € 822,448 First fiscal year in the series	€ 657,707 Total debts 2023: € 657,707 ▼ 20% vs 2022 (€ 822,448) Favourable step	€ 631,313 Total debts 2024: € 631,313 ▼ 4% vs 2023 (€ 657,707) Favourable step	€ 676,110 Total debts 2025: € 676,110 ▲ 7% vs 2024 (€ 631,313) Unfavourable step	▲ 7%
Cash	€ 88,232 Cash 2022: € 88,232 First fiscal year in the series	€ 57,786 Cash 2023: € 57,786 ▼ 35% vs 2022 (€ 88,232) Unfavourable step	€ 67,834 Cash 2024: € 67,834 ▲ 17% vs 2023 (€ 57,786) Favourable step	€ 57,308 Cash 2025: € 57,308 ▼ 16% vs 2024 (€ 67,834) Unfavourable step	▼ 16%
Land & buildings	€ 500,283 Land & buildings 2022: € 500,283 First fiscal year in the series	€ 471,444 Land & buildings 2023: € 471,444 ▼ 6% vs 2022 (€ 500,283) Unchanged	€ 453,448 Land & buildings 2024: € 453,448 ▼ 4% vs 2023 (€ 471,444) Unchanged	€ 420,466 Land & buildings 2025: € 420,466 ▼ 7% vs 2024 (€ 453,448) Unchanged	▼ 7%
Retained profit	€ -76,134 Retained profit 2022: € -76,134 First fiscal year in the series	€ -31,677 Retained profit 2023: € -31,677 ▲ € 44,457 vs 2022 (€ -76,134) Favourable step	€ -400 Retained profit 2024: € -400 ▲ € 31,278 vs 2023 (€ -31,677) Favourable step	€ 24,518 Retained profit 2025: € 24,518 ▲ € 24,917 vs 2024 (€ -400) Favourable step	▲ € 24,917
Bank debt	€ 582,113 Bank debt 2022: € 582,113 First fiscal year in the series	€ 551,988 Bank debt 2023: € 551,988 ▼ 5% vs 2022 (€ 582,113) Favourable step	€ 493,370 Bank debt 2024: € 493,370 ▼ 11% vs 2023 (€ 551,988) Favourable step	€ 514,754 Bank debt 2025: € 514,754 ▲ 4% vs 2024 (€ 493,370) Unfavourable step	▲ 4%
Balance sheet total	€ 808,314 Balance sheet total 2022: € 808,314 First fiscal year in the series	€ 688,030 Balance sheet total 2023: € 688,030 ▼ 15% vs 2022 (€ 808,314) Unchanged	€ 692,914 Balance sheet total 2024: € 692,914 ▲ 1% vs 2023 (€ 688,030) Unchanged	€ 762,628 Balance sheet total 2025: € 762,628 ▲ 10% vs 2024 (€ 692,914) Unchanged	▲ 10%

Key figures of ELSCO INVEST, 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 ELSCO INVEST?

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

2029 Els Froyen stepped down as director. NBB
2029 Terry Invest BV stepped down as director. NBB
Oct 12, 2026 New annual accounts for financial year 2025: profit of € 24,917 (▼ 20% vs 2024). filed late Source: NBB ↗
2023 Terry Invest BV became a director. NBB
2014 Els Froyen became a director. NBB
Nov 20, 2002 New establishment in Damme. KBO
Aug 21, 2002 Start of the company according to the CBE. KBO

In short

From € 40,588 profit in 2022 to € 24,917 profit in 2025.

Paid € 17,081 in corporate taxes since 2022.

Best year ever: 2023, with € 44,457 profit.

Original PDFs at the National Bank ↗

Management

INTERVINOS 50%

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

ELSCO INVEST

The shares are held by INTERVINOS (50%).

Directors

According to the 2025 annual accounts

Els Froyen

Gedelegeerd bestuurder

Also active at: Terry Invest

since 2014 · until 2029

Terry Invest BV

Bestuurder · represented by Nico Terry

Also active at: INTERVINOS, PROWINES, TERRY CONSTRUCT, IMMO TERRY

since 2023 · until 2029

Shareholders

INTERVINOS

50%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Vierscharestraat 29

8340 Damme

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 →

Terry Invest same network

€ 380,230 gross margin · 2024

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

Details

Company number

0478.191.588

VAT number

BE 0478.191.588

Registered office

Vierscharestraat 29, 8340 Damme

Names & denominations

ELSCO INVEST

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

21 August 2002

Peppol

Active · Active since 22 Dec 2025

Activities · NACE

Cafés en bars

Cafés

View on CBE Public ↗ Annual accounts (NBB) ↗

ELSCO INVEST

Financials

What happened to ELSCO INVEST?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions