What does ELSA ESTATE do?

ELSA ESTATE is registered with the CBE as active in: Handel in eigen onroerend goed. Private Limited, started on 10 January 2017, 1 establishment.

What is the address of ELSA ESTATE?

The registered office of ELSA ESTATE is located at Fluithoekweg(Kok) 1, 8670 Koksijde.

Is ELSA ESTATE still active?

Yes. According to the CBE (15 November 2026) ELSA ESTATE is active, legal situation “Normale toestand”, started on 10 January 2017.

Is ELSA ESTATE registered on Peppol?

Yes, ELSA ESTATE is registered on the Peppol network with ID 0208:0668936645.

What is the enterprise number of ELSA ESTATE?

The enterprise number of ELSA ESTATE is BE0668936645.

When was ELSA ESTATE founded?

ELSA ESTATE was founded on 10 January 2017.

Who are the directors of ELSA ESTATE?

According to the 2025 annual accounts, the directors of ELSA ESTATE are: Ellen Vandendries.

Is ELSA ESTATE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 10 January 2017; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did ELSA ESTATE make in 2025?

ELSA ESTATE posted a profit after taxes of € 2,568,207 in financial year 2025.

What is the revenue of ELSA ESTATE?

As a small company, ELSA ESTATE is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 3,730,881.

ELSA ESTATE (Private Limited) - Koksijde - BE0668936645

Dossier ELSA ESTATE, printed on 15 November 2026 from databakkes.be/en/0668936645/elsa-estate. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

ELSA ESTATE from Koksijde, company number BE0668936645, closed financial year 2025 with a result of € 2.6 million after tax. For that financial year ELSA ESTATE recorded a gross margin of € 3.7 million and equity of € 5.6 million. Compared with financial year 2024, the result moved from € 101,308 to € 2.6 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 13, 2026.

What it is worth Growing

€ 5.6 million

▲ 84% vs 2024

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

Profit Growing

€ 2.6 million

▲ € 2.5 million vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1.1 million

▲ 180% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 24,014 paid out

1 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Vehicles and equipment

€ 5,225

▼ 50% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 182,900

▼ 32% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 70,239

▲ 52% vs 2024

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

Taxes

€ 142,808

▲ € 114,685 vs 2024

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

Key figures per fiscal year
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 480,402 Gross margin 2022: € 480,402 First fiscal year in the series	€ 469,373 Gross margin 2023: € 469,373 ▼ 2% vs 2022 (€ 480,402) Unfavourable step	€ 528,765 Gross margin 2024: € 528,765 ▲ 13% vs 2023 (€ 469,373) Favourable step	€ 3,730,881 Gross margin 2025: € 3,730,881 ▲ € 3.2 million vs 2024 (€ 528,765) Favourable step	▲ € 3.2 million
Profit after taxes	€ 98,120 Profit after taxes 2022: € 98,120 First fiscal year in the series	€ 34,289 Profit after taxes 2023: € 34,289 ▼ 65% vs 2022 (€ 98,120) Unfavourable step	€ 101,308 Profit after taxes 2024: € 101,308 ▲ 195% vs 2023 (€ 34,289) Favourable step	€ 2,568,207 Profit after taxes 2025: € 2,568,207 ▲ € 2.5 million vs 2024 (€ 101,308) Favourable step	▲ € 2.5 million
Equity	€ 3,227,557 Equity 2022: € 3,227,557 First fiscal year in the series	€ 3,073,498 Equity 2023: € 3,073,498 ▼ 5% vs 2022 (€ 3,227,557) Unfavourable step	€ 3,025,372 Equity 2024: € 3,025,372 ▼ 2% vs 2023 (€ 3,073,498) Unfavourable step	€ 5,569,565 Equity 2025: € 5,569,565 ▲ 84% vs 2024 (€ 3,025,372) Favourable step	▲ 84%
Total debts	€ 1,030,672 Total debts 2022: € 1,030,672 First fiscal year in the series	€ 910,128 Total debts 2023: € 910,128 ▼ 12% vs 2022 (€ 1,030,672) Favourable step	€ 786,653 Total debts 2024: € 786,653 ▼ 14% vs 2023 (€ 910,128) Favourable step	€ 1,026,255 Total debts 2025: € 1,026,255 ▲ 30% vs 2024 (€ 786,653) Unfavourable step	▲ 30%
Cash	€ 357,511 Cash 2022: € 357,511 First fiscal year in the series	€ 425,084 Cash 2023: € 425,084 ▲ 19% vs 2022 (€ 357,511) Favourable step	€ 393,949 Cash 2024: € 393,949 ▼ 7% vs 2023 (€ 425,084) Unfavourable step	€ 1,102,530 Cash 2025: € 1,102,530 ▲ 180% vs 2024 (€ 393,949) Favourable step	▲ 180%
Land & buildings	€ 3,213,315 Land & buildings 2022: € 3,213,315 First fiscal year in the series	€ 3,043,153 Land & buildings 2023: € 3,043,153 ▼ 5% vs 2022 (€ 3,213,315) Unchanged	€ 2,931,310 Land & buildings 2024: € 2,931,310 ▼ 4% vs 2023 (€ 3,043,153) Unchanged	€ 1,629,174 Land & buildings 2025: € 1,629,174 ▼ 44% vs 2024 (€ 2,931,310) Unchanged	▼ 44%
Retained profit	€ 2,538,757 Retained profit 2022: € 2,538,757 First fiscal year in the series	€ 2,384,698 Retained profit 2023: € 2,384,698 ▼ 6% vs 2022 (€ 2,538,757) Unfavourable step	€ 2,336,572 Retained profit 2024: € 2,336,572 ▼ 2% vs 2023 (€ 2,384,698) Unfavourable step	€ 4,880,765 Retained profit 2025: € 4,880,765 ▲ 109% vs 2024 (€ 2,336,572) Favourable step	▲ 109%
Dividend	€ 91,312 Dividend 2022: € 91,312 First fiscal year in the series	€ 188,348 Dividend 2023: € 188,348 ▲ 106% vs 2022 (€ 91,312) Unchanged	€ 149,434 Dividend 2024: € 149,434 ▼ 21% vs 2023 (€ 188,348) Unchanged	€ 24,014 Dividend 2025: € 24,014 ▼ 84% vs 2024 (€ 149,434) Unchanged	▼ 84%
Bank debt	€ 438,500 Bank debt 2022: € 438,500 First fiscal year in the series	€ 353,300 Bank debt 2023: € 353,300 ▼ 19% vs 2022 (€ 438,500) Favourable step	€ 268,100 Bank debt 2024: € 268,100 ▼ 24% vs 2023 (€ 353,300) Favourable step	€ 182,900 Bank debt 2025: € 182,900 ▼ 32% vs 2024 (€ 268,100) Favourable step	▼ 32%
Balance sheet total	€ 4,491,961 Balance sheet total 2022: € 4,491,961 First fiscal year in the series	€ 4,190,340 Balance sheet total 2023: € 4,190,340 ▼ 7% vs 2022 (€ 4,491,961) Unchanged	€ 3,991,720 Balance sheet total 2024: € 3,991,720 ▼ 5% vs 2023 (€ 4,190,340) Unchanged	€ 6,654,332 Balance sheet total 2025: € 6,654,332 ▲ 67% vs 2024 (€ 3,991,720) Unchanged	▲ 67%

By gross margin, ELSA ESTATE ranks 1st of 31 companies with main activity “Handel in eigen onroerend goed” in Koksijde that publish figures (fiscal year 2025).

Key figures of ELSA ESTATE, 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.

Ask about ELSA ESTATE the way you would ask their accountant.

Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.

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What happened to ELSA ESTATE?

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

Aug 13, 2026 New annual accounts for financial year 2025: profit of € 2.6 million (▲ € 2.5 million vs 2024). filed late Source: NBB ↗
Jan 13, 2017 New establishment in Koksijde. KBO
Jan 10, 2017 Start of the company according to the CBE. KBO

In short

From € 98,120 profit in 2022 to € 2.6 million profit in 2025.

Paid € 1.3 million in corporate taxes since 2022.

Best year ever: 2025, with € 2.6 million profit.

Paid out € 453,109 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Ellen Vandendries

ELSA ESTATE

DE NORMANDIE

Behind ELSA ESTATE is Ellen Vandendries. Ellen Vandendries is also behind DE NORMANDIE.

Directors

According to the 2025 annual accounts

Ellen Vandendries

Director

Also active at: DE NORMANDIE

Establishments

Establishment units

Physical locations of this company

Registered office

Fluithoekweg(Kok) 1

8670 Koksijde

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

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Details

Company number

0668.936.645

VAT number

BE 0668.936.645

Registered office

Fluithoekweg(Kok) 1, 8670 Koksijde

Names & denominations

ELSA ESTATE

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

10 January 2017

Peppol

Active · Active since 20 Dec 2025

Activities · NACE

Handel in eigen onroerend goed

Vermogensbeheer

View on CBE Public ↗ Annual accounts (NBB) ↗

ELSA ESTATE

Financials

Ask about ELSA ESTATE the way you would ask their accountant.

What happened to ELSA ESTATE?

Management

Directors

Establishments

Establishment units

Similar companies in Koksijde

Details

Frequently asked questions