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.
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Tight liquidity NBB
Cash and receivables cover 63 % of short-term debt in 2024; threshold 65 %.
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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.
€ 1.5 million
▼ 13% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -220,115
▼ 847 % more loss than in 2023
Profit after tax over the fiscal year.
€ 0
▼ 100% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.3 million.
Debts at end 2024
€ 357,306
▲ 72% vs 2023
€ 48,825 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 171,703
▲ 266% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 17,722
▼ 68% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 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.
A new publication or filing at ELEA? We notify you, reason included.
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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 2024 annual accounts
Director · represented by Pylyser ELS
since 2025
Director · represented by Dirk VANDEN BUSSCHE
Also active at: Trifolium Invest, ORTHOBILITY, BlueBridge.
since 2023 · until 2025
Director · represented by Geert DEWANDELAERE
since 2023 · until 2025
Establishments
Establishment units
Physical locations of this company
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