Financials
Financial year 2024
ELSCO INVEST from Damme, company number BE0478191588, closed financial year 2024 with a result of € 31,278 after tax. For that financial year ELSCO INVEST recorded a gross margin of € 97,318 and equity of € 61,600. Compared with financial year 2023, the result moved from € 44,457 to € 31,278. 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 September 27, 2025.
€ 61,600
▲ 103% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 31,278
▼ 30% vs 2023
Profit after tax over the fiscal year.
€ 67,834
▲ 17% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -400.
Debts at end 2024
€ 493,370
▼ 11% vs 2023
€ 31,480 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 115,113
▲ 35% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 19,629
▲ 26% vs 2023
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 50,167 | € 99,222 | € 106,700 | € 97,318 | ▼ 9% |
| Profit after taxes | € -5,712 | € 40,588 | € 44,457 | € 31,278 | ▼ 30% |
| Equity | € -54,722 | € -14,134 | € 30,323 | € 61,600 | ▲ 103% |
| Total debts | € 812,840 | € 822,448 | € 657,707 | € 631,313 | ▼ 4% |
| Cash | € 26,917 | € 88,232 | € 57,786 | € 67,834 | ▲ 17% |
| Land & buildings | € 533,657 | € 500,283 | € 471,444 | € 453,448 | ▼ 4% |
| Retained profit | € -116,722 | € -76,134 | € -31,677 | € -400 | ▲ € 31,278 |
| Bank debt | € 599,102 | € 582,113 | € 551,988 | € 493,370 | ▼ 11% |
| Balance sheet total | € 758,118 | € 808,314 | € 688,030 | € 692,914 | ▲ 1% |
Key figures of ELSCO INVEST, fiscal years 2021 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 ELSCO INVEST?
What happened at ELSCO INVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Els Froyen stepped down as director. NBB
- Terry Invest BV stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 31,278 (▼ 30% vs 2023). filed late Source: NBB ↗
- Terry Invest BV became a director. NBB
- Els Froyen became a director. NBB
- New establishment in Damme. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,712 loss in 2021 to € 31,278 profit in 2024.
Paid € 8,002 in corporate taxes since 2021.
Best year ever: 2023, with € 44,457 profit.
A new publication or filing at ELSCO INVEST? We notify you, reason included.
Follow ELSCO INVESTDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of INTERVINOS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ELSCO INVESTThe shares are held by INTERVINOS (50%).
Directors
According to the 2024 annual accounts
since 2014 · until 2029
Bestuurder · represented by Nico Terry
Also active at: INTERVINOS, PROWINES, TERRY CONSTRUCT, IMMO TERRY
since 2023 · until 2029
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
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 →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