Active · per the CBE, 16 September 2026

ELEA

BE0686852050

Rechtspersoon Private limited company 1 establishment

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

Zeedijk 112-113 box 1, 8430 Middelkerke

Behind the company: MASSADA BV.

Active for

8 year, 8 months

Warning lights

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

  • Two loss years in a row NBB

    Negative result in 2023 and 2024.

  • Tight liquidity NBB

    Cash and receivables cover 63 % of short-term debt in 2024; threshold 65 %.

  • Board fully replaced NBB

    No director from three years ago is still active according to annual account 2024.

Financials

Financial year 2024

ELEA from Middelkerke, company number BE0686852050, closed financial year 2024 with a result of € -220,115 after tax. For that financial year ELEA recorded a gross margin of € -90,330 and equity of € 1.5 million. Compared with financial year 2023, the result moved from € -23,240 to € -220,115. 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 October 14, 2025.

What it is worth Healthy

€ 1.5 million

▼ 13% vs 2023

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

Loss Caution

€ -220,115

▼ 847 % more loss than in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 0

▼ 100% vs 2023

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 1.3 million.

Debts at end 2024

Bank debt ≈ 4 years to go

€ 357,306

▲ 72% vs 2023

€ 48,825 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 171,703

▲ 266% vs 2023

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

Taxes

€ 17,722

▼ 68% vs 2023

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

Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →

Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Gross margin € 401,383 € 1,209,904 € 169,277 € -90,330 ▼ € 259,607
Profit after taxes € 160,514 € 809,735 € -23,240 € -220,115 ▼ € 196,876
Equity € 957,970 € 1,767,706 € 1,744,466 € 1,524,351 ▼ 13%
Total debts € 1,115,072 € 1,187,219 € 431,256 € 671,507 ▲ 56%
Cash € 203,697 € 703,894 € 8,618 € 0 ▼ 100%
Land & buildings € 1,726,257 € 1,596,481 € 1,996,815 € 1,989,798
Retained profit € 698,024 € 1,507,760 € 1,484,520 € 1,264,405 ▼ 15%
Bank debt € 947,619 € 1,056,722 € 208,152 € 357,306 ▲ 72%
Balance sheet total € 2,181,480 € 3,347,968 € 2,556,530 € 2,563,715

Key figures of ELEA, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to ELEA?

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

  • New annual accounts for financial year 2024: loss of € 220,115. filed late Source: NBB ↗
  • MASSADA BV became a director. NBB
  • Midrivan CommV stepped down as director. NBB
  • FiCoCo BV stepped down as director. NBB
  • Midrivan CommV became a director. NBB
  • FiCoCo BV became a director. NBB
  • New establishment in Middelkerke. KBO
  • Start of the company according to the CBE. KBO

In short

From € 160,514 profit in 2021 to € 220,115 loss in 2024.

Paid € 8,106 in corporate taxes since 2021.

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

Management

ELEA

Behind ELEA is MASSADA BV.

See the full network in the app

Directors

According to the 2024 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 →

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

Frequently asked questions

What does ELEA do?
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 (16 September 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.