ELEA is a property company in Middelkerke. Private Limited, started on 27 December 2017, 1 establishment.

What is the address of ELEA?

The registered office of ELEA is located at Zeedijk 112-113 box 1, 8430 Middelkerke.

Is ELEA still active?

Yes. According to the CBE (29 October 2026) ELEA is active, legal situation “Normale toestand”, started on 27 December 2017.

Is ELEA registered on Peppol?

Yes, ELEA is registered on the Peppol network with ID 0208:0686852050.

What is the enterprise number of ELEA?

The enterprise number of ELEA is BE0686852050.

When was ELEA founded?

ELEA was founded on 27 December 2017.

Who are the directors of ELEA?

According to the 2025 annual accounts, the directors of ELEA are: MASSADA BV, Midrivan CommV, FiCoCo BV.

Is ELEA a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 27 December 2017; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did ELEA make in 2025?

ELEA posted a profit after taxes of € 29,550 in financial year 2025.

What is the revenue of ELEA?

As a small company, ELEA is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 426,800.

ELEA (Private Limited) - Middelkerke - BE0686852050

Dossier ELEA, printed on 29 October 2026 from databakkes.be/en/0686852050/elea. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

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

Tight liquidity NBB

Cash and receivables cover 60 % of short-term debt in 2025; threshold 65 %.
Board fully replaced NBB

No director from three years ago is still active according to annual account 2025.

Financials

Financial year 2025

ELEA from Middelkerke, company number BE0686852050, closed financial year 2025 with a result of € 29,550 after tax. For that financial year ELEA recorded a gross margin of € 426,800 and equity of € 1.6 million. Compared with financial year 2024, the result moved from € -220,115 to € 29,550. 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 September 29, 2026.

What it is worth Growing

€ 1.6 million

▲ 2% vs 2024

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

Profit Growing

€ 29,550

▲ still € 220,115 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 92,226

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 € 1.3 million.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 75,496

▼ 56% vs 2024

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

Taxes

€ 36,100

▲ 104% vs 2024

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

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 1,209,904 Gross margin 2022: € 1,209,904 First fiscal year in the series	€ 169,277 Gross margin 2023: € 169,277 ▼ 86% vs 2022 (€ 1,209,904) Unfavourable step	€ -90,330 Gross margin 2024: € -90,330 ▼ € 259,607 vs 2023 (€ 169,277) Unfavourable step	€ 426,800 Gross margin 2025: € 426,800 ▲ € 517,129 vs 2024 (€ -90,330) Favourable step	▲ € 517,129
Profit after taxes	€ 809,735 Profit after taxes 2022: € 809,735 First fiscal year in the series	€ -23,240 Profit after taxes 2023: € -23,240 ▼ € 832,975 vs 2022 (€ 809,735) Unfavourable step	€ -220,115 Profit after taxes 2024: € -220,115 ▼ € 196,876 vs 2023 (€ -23,240) Unfavourable step	€ 29,550 Profit after taxes 2025: € 29,550 ▲ € 249,665 vs 2024 (€ -220,115) Favourable step	▲ € 249,665
Equity	€ 1,767,706 Equity 2022: € 1,767,706 First fiscal year in the series	€ 1,744,466 Equity 2023: € 1,744,466 ▼ 1% vs 2022 (€ 1,767,706) Unfavourable step	€ 1,524,351 Equity 2024: € 1,524,351 ▼ 13% vs 2023 (€ 1,744,466) Unfavourable step	€ 1,553,901 Equity 2025: € 1,553,901 ▲ 2% vs 2024 (€ 1,524,351) Favourable step	▲ 2%
Total debts	€ 1,187,219 Total debts 2022: € 1,187,219 First fiscal year in the series	€ 431,256 Total debts 2023: € 431,256 ▼ 64% vs 2022 (€ 1,187,219) Favourable step	€ 671,507 Total debts 2024: € 671,507 ▲ 56% vs 2023 (€ 431,256) Unfavourable step	€ 229,174 Total debts 2025: € 229,174 ▼ 66% vs 2024 (€ 671,507) Favourable step	▼ 66%
Cash	€ 703,894 Cash 2022: € 703,894 First fiscal year in the series	€ 8,618 Cash 2023: € 8,618 ▼ 99% vs 2022 (€ 703,894) Unfavourable step	€ 0 Cash 2024: € 0 ▼ 100% vs 2023 (€ 8,618) Unfavourable step	€ 92,226 Cash 2025: € 92,226 Unchanged (€ 0) Favourable step
Land & buildings	€ 1,596,481 Land & buildings 2022: € 1,596,481 First fiscal year in the series	€ 1,996,815 Land & buildings 2023: € 1,996,815 ▲ 25% vs 2022 (€ 1,596,481) Unchanged	€ 1,989,798 Land & buildings 2024: € 1,989,798 Unchanged (€ 1,996,815) Unchanged	€ 1,734,819 Land & buildings 2025: € 1,734,819 ▼ 13% vs 2024 (€ 1,989,798) Unchanged	▼ 13%
Retained profit	€ 1,507,760 Retained profit 2022: € 1,507,760 First fiscal year in the series	€ 1,484,520 Retained profit 2023: € 1,484,520 ▼ 2% vs 2022 (€ 1,507,760) Unfavourable step	€ 1,264,405 Retained profit 2024: € 1,264,405 ▼ 15% vs 2023 (€ 1,484,520) Unfavourable step	€ 1,293,955 Retained profit 2025: € 1,293,955 ▲ 2% vs 2024 (€ 1,264,405) Favourable step	▲ 2%
Bank debt	€ 1,056,722 Bank debt 2022: € 1,056,722 First fiscal year in the series	€ 208,152 Bank debt 2023: € 208,152 ▼ 80% vs 2022 (€ 1,056,722) Favourable step	€ 357,306 Bank debt 2024: € 357,306 ▲ 72% vs 2023 (€ 208,152) Unfavourable step	€ 0 Bank debt 2025: € 0 ▼ 100% vs 2024 (€ 357,306) Favourable step	▼ 100%
Balance sheet total	€ 3,347,968 Balance sheet total 2022: € 3,347,968 First fiscal year in the series	€ 2,556,530 Balance sheet total 2023: € 2,556,530 ▼ 24% vs 2022 (€ 3,347,968) Unchanged	€ 2,563,715 Balance sheet total 2024: € 2,563,715 Unchanged (€ 2,556,530) Unchanged	€ 2,129,519 Balance sheet total 2025: € 2,129,519 ▼ 17% vs 2024 (€ 2,563,715) Unchanged	▼ 17%

Key figures of ELEA, 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 ELEA?

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

Sep 29, 2026 New annual accounts for financial year 2025: profit of € 29,550. filed late Source: NBB ↗
2025 MASSADA BV became a director. NBB
2025 Midrivan CommV stepped down as director. NBB
2025 FiCoCo BV stepped down as director. NBB
2023 Midrivan CommV became a director. NBB
2023 FiCoCo BV became a director. NBB
Dec 27, 2017 New establishment in Middelkerke. KBO
Dec 27, 2017 Start of the company according to the CBE. KBO

In short

From € 809,735 profit in 2022 to € 29,550 profit in 2025.

Paid € 39,805 in corporate taxes since 2022.

Best year ever: 2022, with € 809,735 profit.

Original PDFs at the National Bank ↗

Management

MASSADA BV

ELEA

Behind ELEA is MASSADA BV.

Directors

According to the 2025 annual accounts

MASSADA BV

Director · represented by Pylyser Els

since 2025

Midrivan CommV

Director · represented by Dirk Vanden Bussche

Also active at: Trifolium Invest, ORTHOBILITY, BlueBridge.

since 2023 · until 2025

FiCoCo BV

Director · represented by Geert Dewandelaere

since 2023 · until 2025

Establishments

Establishment units

Physical locations of this company

Registered office

Zeedijk 112-113 box 1

8430 Middelkerke

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

BRUGEOIS

€ 94,167 gross margin · 2025

Vereniging van Mede-eigenaars Res Arosa te Middelkerke, Zeedijk 112-113

MASSADA same network

€ 9,166 gross margin · 2025

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

Details

Company number

0686.852.050

VAT number

BE 0686.852.050

Registered office

Zeedijk 112-113 bus 1, 8430 Middelkerke

Names & denominations

ELEA

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

27 December 2017

Peppol

Active · Active since 20 Mar 2025

Activities · NACE

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Activiteiten van hoofdkantoren

Verhuur en exploitatie van terreinen

View on CBE Public ↗ Annual accounts (NBB) ↗

ELEA

Warning lights

Financials

What happened to ELEA?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions