Financials
Financial year 2025
RIJSCHOOL ELA from Gent, company number BE0699657634, closed financial year 2025 with a result of € 514 after tax. For that financial year RIJSCHOOL ELA recorded a gross margin of € 140,917 and equity of € 5,837. Compared with financial year 2024, the result moved from € -16,775 to € 514. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 5,837
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 514
▲ still € 16,775 loss in 2024
Profit after tax over the fiscal year.
€ 18,033
▲ 122% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -12,763.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 95,898
▲ 7% 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.
€ 22,117
▲ 11% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 117,509
▲ 114% vs 2024
€ 32,333 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 34,744
▼ 9% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 101,106 | € 140,448 | € 108,597 | € 140,917 | ▲ 30% |
| Profit after taxes | € 3,088 | € -2,938 | € -16,775 | € 514 | ▲ € 17,289 |
| Equity | € 25,036 | € 22,098 | € 5,323 | € 5,837 | ▲ 10% |
| Total debts | € 86,015 | € 119,094 | € 102,541 | € 153,623 | ▲ 50% |
| Cash | € 3,254 | € 705 | € 8,140 | € 18,033 | ▲ 122% |
| Retained profit | € 6,436 | € 3,498 | € -13,277 | € -12,763 | ▲ € 514 |
| Bank debt | € 48,999 | € 73,151 | € 55,035 | € 117,509 | ▲ 114% |
| Balance sheet total | € 111,051 | € 141,193 | € 107,864 | € 159,460 | ▲ 48% |
Key figures of RIJSCHOOL ELA, 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 RIJSCHOOL ELA?
What happened at RIJSCHOOL ELA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 514. filed late Source: NBB ↗
- New establishment in Gent. KBO
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,088 profit in 2022 to € 514 profit in 2025.
Paid € 8,619 in corporate taxes since 2022.
Best year ever: 2022, with € 3,088 profit.
Management
Behind RIJSCHOOL ELA is Hüseyin Geçgel.
Directors
According to the 2025 annual accounts
Hüseyin Geçgel
Director
Establishments
Establishment units
Physical locations of this company
Wondelgemstraat 157
9000 Gent
Dampoortstraat 17
9000 Gent
Active since 1 September 2019
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0699.657.634
- VAT number
- BE 0699.657.634
- Registered office
- Wondelgemstraat 157, 9000 Gent
- Names & denominations
- RIJSCHOOL ELA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 July 2018
- Peppol
- Active · Active since 25 Nov 2025
- Activities · NACE
Activiteiten van auto- en motorrijscholen
Overige financiële dienstverlening, neg
Overige zakelijke dienstverlening, neg