Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 42 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ELEGANCE EUROPE from Beveren-Kruibeke-Zwijndrecht, company number BE0721513219, closed financial year 2025 with a result of € -61,612 after tax. For that financial year ELEGANCE EUROPE recorded a gross margin of € -6,009 and equity of € -4,942. Compared with financial year 2024, the result moved from € 17,002 to € -61,612. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ -4,942
▼ € 61,612 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -61,612
▼ still € 17,002 profit in 2024
Profit after tax over the fiscal year.
€ 133,294
▲ € 106,605 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -23,542.
People and assets in 2025
1
▲ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 44,340
▲ 103% vs 2024
€ 44,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 25,313
▲ 282% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1.3 million
▲ 94% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 20,422
▲ 39% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 14,897 | € 17,545 | € 52,822 | € -6,009 | ▼ € 58,831 |
| Profit after taxes | € 9,438 | € 2,794 | € 17,002 | € -61,612 | ▼ € 78,614 |
| Equity | € 36,875 | € 39,669 | € 56,671 | € -4,942 | ▼ € 61,612 |
| Total debts | € 373,016 | € 479,826 | € 696,407 | € 1,286,788 | ▲ 85% |
| Cash | € 43,611 | € 13,097 | € 26,688 | € 133,294 | ▲ € 106,605 |
| Retained profit | € 18,275 | € 21,069 | € 38,071 | € -23,542 | ▼ € 61,612 |
| Bank debt | € 39 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 409,891 | € 519,495 | € 753,078 | € 1,281,846 | ▲ 70% |
| Employees (FTE) | - | 1.4 | 0.5 | 1 | ▲ 0.5 |
Key figures of ELEGANCE EUROPE, 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 ELEGANCE EUROPE?
What happened at ELEGANCE EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 61,612 (▼ € 78,614 vs 2024). Source: NBB ↗
- New establishment in Beveren-Kruibeke-Zwijndrecht. KBO
- Start of the company according to the CBE. KBO
- Nael Ekk became a director. NBB
In short
From € 9,438 profit in 2022 to € 61,612 loss in 2025.
Paid € 8,809 in corporate taxes since 2022.
Best year ever: 2024, with € 17,002 profit.
On average € 12,500 of value added per employee in 2023.
A new publication or filing at ELEGANCE EUROPE? 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
Behind ELEGANCE EUROPE is Nael Ekk. The shares are held by Nael Ekk and Ahmad Ekk.
Directors
According to the 2025 annual accounts
Nael Ekk
Director
Is a shareholder
since 2019
Shareholders
Nael Ekk · director
Ahmad Ekk
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Doornpark(BEV) 34
9120 Beveren-Kruibeke-Zwijndrecht
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0721.513.219
- VAT number
- BE 0721.513.219
- Registered office
- Doornpark(BEV) 34, 9120 Beveren-Kruibeke-Zwijndrecht
- Names & denominations
- ELEGANCE EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 February 2019
- Peppol
- Active · Active since 27 Jan 2026
- Activities · NACE
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