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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Annual account missing NBB
Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
Financials
Financial year 2023
Elvece from Middelkerke, company number BE0697995766, closed financial year 2023 with a result of € 29,032 after tax. For that financial year Elvece recorded a gross margin of € 40,910 and equity of € 105,737. Compared with financial year 2022, the result moved from € 32,901 to € 29,032. The company is profitable. 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 August 27, 2024.
€ 105,737
▼ 40% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 29,032
▼ 12% vs 2022
Profit after tax over the fiscal year.
€ 163,194
▲ 24% vs 2022
Cash and bank balances on the last day of the fiscal year.
€ 100,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2023
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 1,781
▼ 40% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 1,096
▼ 87% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 22,235
▲ € 18,023 vs 2022
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 50,605 | € 46,698 | € 40,910 | ▼ 12% |
| Profit after taxes | € 36,836 | € 32,901 | € 29,032 | ▼ 12% |
| Equity | € 143,804 | € 176,705 | € 105,737 | ▼ 40% |
| Total debts | € 13,282 | € 12,528 | € 81,125 | ▲ € 68,597 |
| Cash | € 77,707 | € 131,088 | € 163,194 | ▲ 24% |
| Retained profit | € 125,204 | € 158,105 | € 87,137 | ▼ 45% |
| Dividend | € 0 | € 0 | € 100,000 | |
| Balance sheet total | € 157,085 | € 189,233 | € 186,862 | ▼ 1% |
Key figures of Elvece, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to Elvece?
What happened at Elvece in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2023: profit of € 29,032 (▼ 12% vs 2022). filed late Source: NBB ↗
- New establishment in Middelkerke. KBO
- Start of the company according to the CBE. KBO
In short
From € 36,836 profit in 2021 to € 29,032 profit in 2023.
Paid € 30,731 in corporate taxes since 2021.
Best year ever: 2021, with € 36,836 profit.
Paid out € 100,000 in dividends to the owners in total.
Management
Behind Elvece is Luc Vandeneede.
Directors
According to the 2023 annual accounts
Luc Vandeneede
Director
Establishments
Establishment units
Physical locations of this company
Koning Ridderdijk 66 box .0505
8434 Middelkerke
Koning Ridderdijk 66 box 505
8434 Middelkerke
Active since 18 June 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0697.995.766
- VAT number
- BE 0697.995.766
- Registered office
- Koning Ridderdijk 66 bus .0505, 8434 Middelkerke
- Names & denominations
- Elvece
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 June 2018
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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