Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Busy address KBO
57 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ELSINORE from Brussel, company number BE0678461154, closed financial year 2025 with a result of € -413,234 after tax. For that financial year ELSINORE recorded a gross margin of € 1 million and equity of € 11.6 million. Compared with financial year 2024, the result moved from € 187,375 to € -413,234. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 12, 2026.
€ 11.6 million
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -413,234
▼ still € 187,375 profit in 2024
Profit after tax over the fiscal year.
€ 771,085
▼ 52% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.7 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 12.2 million
▼ 1% vs 2024
€ 365,551 is repaid this year. At this pace the long-term loan is gone in ≈ 33 years.
€ 938,075
▲ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 28,120
▼ 71% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,171,167 | € 1,375,757 | € 1,616,965 | € 1,007,740 | ▼ 38% |
| Profit after taxes | € -158,772 | € -86,625 | € 187,375 | € -413,234 | ▼ € 600,609 |
| Equity | € 11,923,144 | € 11,836,518 | € 12,023,894 | € 11,610,660 | ▼ 3% |
| Total debts | € 13,768,607 | € 13,073,786 | € 13,664,643 | € 13,643,194 | |
| Cash | € 1,322,199 | € 976,301 | € 1,606,520 | € 771,085 | ▼ 52% |
| Land & buildings | € 21,647,703 | € 20,924,681 | € 20,009,174 | € 19,643,917 | ▼ 2% |
| Retained profit | € 1,024,000 | € 1,258,408 | € 1,766,815 | € 1,674,614 | ▼ 5% |
| Bank debt | € 12,941,783 | € 11,789,222 | € 12,306,993 | € 12,185,021 | ▼ 1% |
| Balance sheet total | € 25,691,751 | € 24,910,304 | € 25,770,498 | € 25,331,244 | ▼ 2% |
Key figures of ELSINORE, 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 ELSINORE?
What happened at ELSINORE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- IRENE FLORESCU stepped down as director. NBB
- CHRISTOPHE TANS stepped down as director. NBB
- SEAN BURNELL stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 413,234 (▼ € 600,609 vs 2024). Source: NBB ↗
- IRENE FLORESCU became a director. NBB
- CHRISTOPHE TANS became a director. NBB
- SEAN BURNELL became a director. NBB
- New establishment in Brussel. KBO
In short
From € 158,772 loss in 2022 to € 413,234 loss in 2025.
Paid € 205,949 in corporate taxes since 2022.
Best year ever: 2024, with € 187,375 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
IRENE FLORESCU
Director
Also active at: INTERTRUST (BELGIUM), GELASE, PEGASON, BAYREUTH, Davos, CAPRESE II, FIGUERAS, Passport Belgium +6 more
since 2025 · until 2031
SEAN BURNELL
Director
Also active at: BAYREUTH, Davos, CAPRESE II, FIGUERAS, Brussels CV, Brussels CV 2
since 2022 · until 2028
CHRISTOPHE TANS
Director
Also active at: Hotel development corporation, CARESTOTEL, INTERNATIONAL HOTEL DEVELOPMENT FLANDERS, INTERTRUST (BELGIUM), CENTRAL PARK, HUDSON GLOBAL RESOURCES BELGIUM, La Liniére - Hôtel, ROSPA BELGIUM +37 more
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Marnixlaan 23
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 57 companies are registered at this address.
All companies at this address →TELEFLEX MEDICAL
€ 18.7 million revenue · 2025
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€ 218,925 revenue · 2024
Paardekooper België
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€ 3.9 million revenue · 2025
CUSHMAN & WAKEFIELD BELGIUM
€ 14.4 million revenue · 2024
+52 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0678.461.154
- VAT number
- BE 0678.461.154
- Registered office
- Marnixlaan 23, 1000 Brussel
- Names & denominations
- ELSINORE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 July 2017
- Peppol
- Active · Active since 17 Dec 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
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