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 47 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ELTA VASTGOED from Wetteren, company number BE0500699845, closed financial year 2025 with a result of € 51,021 after tax. For that financial year ELTA VASTGOED recorded a gross margin of € 121,563 and equity of € 173,217. Compared with financial year 2024, the result moved from € 42,460 to € 51,021. 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 January 30, 2026.
€ 173,217
▲ 31% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 51,021
▲ 20% vs 2024
Profit after tax over the fiscal year.
€ 23,197
▲ 130% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 10,000 paid out
20 % of the profit went to the shareholders, mostly to ARSA (100 % of the shares). That is where the money ends up.
Debts at end 2025
€ 366,192
▼ 14% vs 2024
€ 49,067 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 8,773
▲ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 99,334 | € 99,076 | € 112,175 | € 121,563 | ▲ 8% |
| Profit after taxes | € 29,326 | € 31,006 | € 42,460 | € 51,021 | ▲ 20% |
| Equity | € 93,730 | € 99,736 | € 132,196 | € 173,217 | ▲ 31% |
| Total debts | € 555,072 | € 528,276 | € 445,683 | € 385,164 | ▼ 14% |
| Cash | € 12,079 | € 25,557 | € 10,077 | € 23,197 | ▲ 130% |
| Land & buildings | € 629,157 | € 594,165 | € 559,173 | € 526,129 | ▼ 6% |
| Retained profit | € 73,730 | € 79,736 | € 112,196 | € 153,217 | ▲ 37% |
| Dividend | € 0 | € 25,000 | € 10,000 | € 10,000 | |
| Bank debt | € 539,321 | € 489,003 | € 426,261 | € 366,192 | ▼ 14% |
| Balance sheet total | € 648,802 | € 628,011 | € 577,879 | € 558,382 | ▼ 3% |
Key figures of ELTA VASTGOED, 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 ELTA VASTGOED?
What happened at ELTA VASTGOED in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 51,021 (▲ 20% vs 2024). Source: NBB ↗
- New establishment in Wetteren. KBO
- Start of the company according to the CBE. KBO
In short
From € 29,326 profit in 2022 to € 51,021 profit in 2025.
Paid € 51,391 in corporate taxes since 2022.
Best year ever: 2025, with € 51,021 profit.
Paid out € 45,000 in dividends to the owners in total.
Management
The stake of ARSA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ELTA VASTGOEDBehind ELTA VASTGOED is ARSA BV. The shares are held by ARSA (100%).
Directors
According to the 2025 annual accounts
Director · represented by Selami TOP
Also active at: VAMARO OPVOLGERS, IJZERWAREN DE BALANS, AERTSEN & DE VYLDER, AHIBO, ELTA, VAN BASTELAERE, VB Tuintechniek, Samet Infra +3 more
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Honderdweg 22 box A
9230 Wetteren
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0500.699.845
- VAT number
- BE 0500.699.845
- Registered office
- Honderdweg 22 bus A, 9230 Wetteren
- Names & denominations
- ELTA VASTGOED
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 November 2012
- Peppol
- Active · Active since 30 Jan 2025
- Activities · NACE
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