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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2025.
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Tight liquidity NBB
Cash and receivables cover 13 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ELLESIS from Namur, company number BE0662685390, closed financial year 2025 with a result of € -951,083 after tax. For that financial year ELLESIS recorded revenue of € 2.9 million and equity of € -2.4 million. Compared with financial year 2023, the result moved from € -184,032 to € -951,083. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ -2.4 million
▼ € 1.5 million vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -951,083
▼ 417 % more loss than in 2023
Profit after tax over the fiscal year.
€ 110,674
▲ 7% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.4 million.
People and assets in 2025
16.2
▼ 5.2 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 3.5 million
▲ 131% vs 2023
€ 214,900 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.
€ 566,904
▲ € 566,802 vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.3 million
▼ 10% vs 2023
€ 176,462 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 497,088
▲ € 397,786 vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 176 days on average.
€ 2 million
▲ € 1.7 million vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,420,613 | € 1,384,877 | € 1,641,556 | € 2,944,716 | ▲ 79% |
| Profit after taxes | € -179,304 | € -153,064 | € -184,032 | € -951,083 | ▼ € 767,051 |
| Equity | € -510,584 | € -663,648 | € -847,680 | € -2,374,400 | ▼ € 1.5 million |
| Total debts | € 3,944,540 | € 4,189,814 | € 4,086,618 | € 6,342,427 | ▲ 55% |
| Cash | € 146,719 | € 40,075 | € 103,591 | € 110,674 | ▲ 7% |
| Retained profit | € -529,184 | € -682,248 | € -866,280 | € -2,393,000 | ▼ € 1.5 million |
| Bank debt | € 3,698,719 | € 3,940,499 | € 3,653,226 | € 3,300,388 | ▼ 10% |
| Balance sheet total | € 3,433,956 | € 3,526,166 | € 3,238,938 | € 4,268,027 | ▲ 32% |
| Employees (FTE) | 23.1 | 20.9 | 21.4 | 16.2 | ▼ 5.2 |
Key figures of ELLESIS, fiscal years 2021 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 ELLESIS?
What happened at ELLESIS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New establishment in Namur. KBO
- New annual accounts for financial year 2025: loss of € 951,083. Source: NBB ↗
- Poeka BV became a director. NBB
- Irida BV stepped down as director. NBB
- New establishment in Braives. KBO
- Irida BV became a director. NBB
- New establishment in Amay. KBO
- Start of the company according to the CBE. KBO
In short
From € 179,304 loss in 2021 to € 951,083 loss in 2025.
Paid € 341 in corporate taxes since 2021.
Pays suppliers within 176 days on average.
Management
Behind ELLESIS is Poeka BV. The shares are held by Orelia NV (100%). It owns 100% of Vaert itself.
Directors
According to the 2025 annual accounts
Director · represented by Jan Van den Brande
Also active at: HABRO, VAERT, ORELIA BOUW, ORELIA GERMANY, WZC SCHOTEN, Notte-Vandebosch, Les Hommes Group, BEUKENWOUD +15 more
since 2026
Director · represented by Lodewijk Van den Brande
Also active at: MUSSENHOEVE, VAERT, ORELIA BOUW, ORELIA GERMANY, DE MOLEN VAN BOECHOUT, WZC SCHOTEN, Notte-Vandebosch, Les Hommes Group +19 more
since 2024 · until 2025
Shareholders
100%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Rue de la Poteresse(BU) 6
5004 Namur
Rue du Parc(Jeh) 11 box A
4540 Amay
Active since 16 September 2016
Drève d'Ormes 33
4260 Braives
Active since 1 September 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
- 0662.685.390
- VAT number
- BE 0662.685.390
- Registered office
- Rue de la Poteresse(BU) 6, 5004 Namur
- Names & denominations
- ELLESIS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 September 2016
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Rust- en verzorgingstehuizen (RVT)