Financials
Financial year 2025
ESL-Projects from Veurne, company number BE0662494558, closed financial year 2025 with a result of € 19,282 after tax. For that financial year ESL-Projects recorded revenue of € 576,307 and equity of € 32,380. Compared with financial year 2024, the result moved from € -13,500 to € 19,282. Profitable, and profit is growing. 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 30, 2026.
€ 32,380
▲ 147% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 19,282
▲ still € 13,500 loss in 2024
Profit after tax over the fiscal year.
€ 54,260
▲ 204% 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 € -36,220.
People and assets in 2025
2
Average over the fiscal year, from the social balance sheet.
€ 142,488
€ 71,200 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.
€ 3,654
▲ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 205,816
▲ € 178,544 vs 2024
€ 20,899 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 186,287
▲ 179% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,014
▲ 4% 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 | |
|---|---|---|---|---|---|
| Revenue | - | € 415,321 | € 439,168 | € 576,307 | ▲ 31% |
| Gross margin | € -258 | € 142,866 | € 154,079 | € 192,008 | ▲ 25% |
| Profit after taxes | € -674 | € 9,762 | € -13,500 | € 19,282 | ▲ € 32,782 |
| Equity | € -35,659 | € 28,313 | € 13,098 | € 32,380 | ▲ 147% |
| Total debts | € 35,706 | € 93,271 | € 108,134 | € 445,714 | ▲ € 337,580 |
| Cash | € 47 | € 56,646 | € 17,870 | € 54,260 | ▲ 204% |
| Land & buildings | - | - | € 2,895 | € 97,974 | ▲ € 95,079 |
| Retained profit | € -50,049 | € -40,287 | € -55,502 | € -36,220 | ▲ € 19,282 |
| Bank debt | € 0 | € 0 | € 27,273 | € 205,816 | ▲ € 178,544 |
| Balance sheet total | € 47 | € 121,584 | € 121,231 | € 478,094 | ▲ 294% |
| Employees (FTE) | - | 3 | 2 | 2 |
Key figures of ESL-Projects, 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 ESL-Projects?
What happened at ESL-Projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 19,282. filed late Source: NBB ↗
- New establishment in Veurne. KBO
- Start of the company according to the CBE. KBO
In short
From € 674 loss in 2022 to € 19,282 profit in 2025.
Paid € 14,860 in corporate taxes since 2022.
Best year ever: 2025, with € 19,282 profit.
On average € 96,000 of value added per employee in 2025.
Establishments
Establishment units
Physical locations of this company
Pannestraat 229
8630 Veurne
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0662.494.558
- VAT number
- BE 0662.494.558
- Registered office
- Pannestraat 229, 8630 Veurne
- Names & denominations
- ESL-Projects
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 September 2016
- Peppol
- Active · Active since 31 Oct 2025
- Activities · NACE
Algemene elektrotechnische installatiewerken
Overige werkzaamheden in verband met de afwerking van gebouwen
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde bouwwerkzaamheden