Active · per the CBE, 30 October 2026

ELSAN

BE0678507872

Rechtspersoon Private limited company 1 establishment

ELSAN is a hospitality business in Koekelare. Private Limited, started on 12 July 2017, 1 establishment.

Sint Maartensplein 11, 8680 Koekelare

Behind the company: Els Jeanne Verhelst, Anthony Durnez.

Active for

9 year, 3 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 4 of the last 4 fiscal years.

  • Tight liquidity NBB

    Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

ELSAN from Koekelare, company number BE0678507872, closed financial year 2025 with a result of € 45,020 after tax. For that financial year ELSAN recorded a gross margin of € 127,837 and equity of € -3,228. Compared with financial year 2024, the result moved from € -291 to € 45,020. 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 24, 2026.

What it is worth Caution

€ -3,228

▲ € 45,020 vs 2024

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

Profit Growing

€ 45,020

▲ still € 291 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 3,123

▼ 84% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -21,828.

People and assets in 2025

Wage cost

€ 54,083

▼ 55% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 4,886

▼ 38% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 years to go

€ 45,017

▼ 29% vs 2024

€ 20,480 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 53,758

▼ 56% vs 2024

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

Taxes and wages

€ 19,810

▼ 61% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 64,253 € 113,193 € 170,683 € 127,837 ▼ 25%
Profit after taxes € -24,050 € -31,300 € -291 € 45,020 ▲ € 45,311
Equity € -16,657 € -47,957 € -48,248 € -3,228 ▲ € 45,020
Total debts € 273,440 € 298,098 € 248,042 € 166,164 ▼ 33%
Cash € 7,026 € 4,153 € 19,193 € 3,123 ▼ 84%
Land & buildings - € 21,444 € 19,712 € 17,981 ▼ 9%
Retained profit € -35,257 € -66,557 € -66,848 € -21,828 ▲ € 45,020
Bank debt € 163,987 € 77,272 € 63,255 € 45,017 ▼ 29%
Balance sheet total € 256,783 € 250,141 € 199,794 € 162,935 ▼ 18%

Key figures of ELSAN, 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 ELSAN?

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

  • New annual accounts for financial year 2025: profit of € 45,020. Source: NBB ↗
  • Anthony Durnez became a director. NBB
  • New establishment in Koekelare. KBO
  • Els Jeanne Verhelst became a director. NBB
  • Start of the company according to the CBE. KBO

In short

From € 24,050 loss in 2022 to € 45,020 profit in 2025.

Paid € 469 in corporate taxes since 2022.

Best year ever: 2025, with € 45,020 profit.

Management

Els Jeanne Verhelst Anthony Durnez
ELSAN

Behind ELSAN are Els Jeanne Verhelst and Anthony Durnez.

Directors

According to the 2025 annual accounts

Els Jeanne Verhelst

Director

since 2017

Anthony Durnez

Director

since 2021

Establishments

Establishment units

Physical locations of this company

Registered office

Sint Maartensplein 11

8680 Koekelare

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

Details

Company number
0678.507.872
VAT number
BE 0678.507.872
Registered office
Sint Maartensplein 11, 8680 Koekelare
Names & denominations
ELSAN
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
12 July 2017
Peppol
Active · Active since 18 Jun 2025
Activities · NACE

Activiteiten van eetgelegenheden met volledige bediening

Exploitatie van sportaccommodaties

Eetgelegenheden met volledige bediening

Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden

Cafés en bars

Eetgelegenheden met beperkte bediening

Frequently asked questions

What does ELSAN do?
ELSAN is a hospitality business in Koekelare. Private Limited, started on 12 July 2017, 1 establishment.
What is the address of ELSAN?
The registered office of ELSAN is located at Sint Maartensplein 11, 8680 Koekelare.
Is ELSAN still active?
Yes. According to the CBE (30 October 2026) ELSAN is active, legal situation “Normale toestand”, started on 12 July 2017.
Is ELSAN registered on Peppol?
Yes, ELSAN is registered on the Peppol network with ID 0208:0678507872.
What is the enterprise number of ELSAN?
The enterprise number of ELSAN is BE0678507872.
When was ELSAN founded?
ELSAN was founded on 12 July 2017.