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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Tight liquidity NBB
Cash and receivables cover 15 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ELPIS from Bredene, company number BE0674497517, closed financial year 2025 with a result of € 16,006 after tax. For that financial year ELPIS recorded a gross margin of € 164,828 and equity of € -119,801. Compared with financial year 2024, the result moved from € -15,869 to € 16,006. Profitable, and profit is growing. 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 30, 2026.
€ -119,801
▲ € 16,006 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,006
▲ still € 15,869 loss in 2024
Profit after tax over the fiscal year.
€ 8,450
▲ 238% 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 € -319,801.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 3,664
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.1 million
▼ 8% vs 2024
€ 95,925 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 6,444
▼ 77% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,366
▲ 8% 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 | |
|---|---|---|---|---|---|
| Gross margin | € 62,361 | € 115,254 | € 138,957 | € 164,828 | ▲ 19% |
| Profit after taxes | € -45,357 | € -32,453 | € -15,869 | € 16,006 | ▲ € 31,875 |
| Equity | € -87,486 | € -119,939 | € -135,808 | € -119,801 | ▲ € 16,006 |
| Total debts | € 2,135,370 | € 2,105,221 | € 2,311,576 | € 2,226,036 | ▼ 4% |
| Cash | € 3,058 | € 5,156 | € 2,500 | € 8,450 | ▲ 238% |
| Land & buildings | € 2,035,842 | € 1,968,193 | € 2,154,920 | € 2,077,451 | ▼ 4% |
| Retained profit | € -287,486 | € -319,939 | € -335,808 | € -319,801 | ▲ € 16,006 |
| Bank debt | € 1,268,168 | € 1,204,172 | € 1,177,786 | € 1,087,302 | ▼ 8% |
| Balance sheet total | € 2,047,885 | € 1,985,282 | € 2,175,768 | € 2,106,235 | ▼ 3% |
Key figures of ELPIS, 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 ELPIS?
What happened at ELPIS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Johan Weckhuyzen stepped down as director. NBB
- Carine Reynders stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 16,006. Source: NBB ↗
- Johan Weckhuyzen became a director. NBB
- Carine Reynders became a director. NBB
- New establishment in Bredene. KBO
- Start of the company according to the CBE. KBO
In short
From € 45,357 loss in 2022 to € 16,006 profit in 2025.
Best year ever: 2025, with € 16,006 profit.
Management
Directors
According to the 2025 annual accounts
Johan Weckhuyzen
Managing director
Also active at: BEST FRIENDS, K9 TRAINING CENTER, K9 DETECTION BELGIUM, GJO VASTGOED
since 2024 · until 2030
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Brugsesteenweg 105
8450 Bredene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
ONECOM, DK
Website info
Features
Security
Network
Details
- Company number
- 0674.497.517
- VAT number
- BE 0674.497.517
- Registered office
- Brugsesteenweg 105, 8450 Bredene
- Names & denominations
- ELPIS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 April 2017
- Peppol
- Active · Active since 15 Dec 2025
- Contact
- k9detection.be
- Activities · NACE
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