Warning lights
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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Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
21 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
ELREY from Brussel, company number BE0728658555, closed financial year 2025 with a result of € 28,507 after tax. For that financial year ELREY recorded a gross margin of € 849,894 and equity of € 2.9 million. Compared with financial year 2024, the result moved from € 378,679 to € 28,507. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 2.9 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 28,507
▼ 92% vs 2024
Profit after tax over the fiscal year.
€ 337,898
▲ 35% 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 € -739,391.
People and assets in 2025
0.6
Average over the fiscal year, from the social balance sheet.
€ 29,720
▲ 3% 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.
Debts at end 2025
€ 9.9 million
▼ 7% vs 2024
€ 1.1 million is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 30,761
▼ 66% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,874
▲ 3% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 521,219 | € 331,428 | € 1,058,724 | € 849,894 | ▼ 20% |
| Profit after taxes | € -113,510 | € -408,445 | € 378,679 | € 28,507 | ▼ 92% |
| Equity | € -638,132 | € 2,453,423 | € 2,832,102 | € 2,860,609 | ▲ 1% |
| Total debts | € 16,276,376 | € 13,382,676 | € 12,792,454 | € 13,236,478 | ▲ 3% |
| Cash | € 325,134 | € 132,034 | € 250,114 | € 337,898 | ▲ 35% |
| Land & buildings | € 12,012,435 | € 11,739,029 | € 12,108,728 | € 12,885,995 | ▲ 6% |
| Retained profit | € -738,132 | € -1,146,577 | € -767,898 | € -739,391 | ▲ € 28,507 |
| Bank debt | € 13,509,948 | € 11,157,795 | € 10,602,547 | € 9,860,300 | ▼ 7% |
| Balance sheet total | € 15,638,244 | € 15,836,099 | € 15,624,555 | € 16,097,087 | ▲ 3% |
| Employees (FTE) | - | 0.6 | 0.6 | 0.6 |
Key figures of ELREY, 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 ELREY?
What happened at ELREY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 28,507 (▼ 92% vs 2024). filed late Source: NBB ↗
- New establishment in Brussel. KBO
- David HASSON became a director. NBB
- Sacha HASSON became a director. NBB
- Sidney HASSON became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 113,510 loss in 2022 to € 28,507 profit in 2025.
Best year ever: 2024, with € 378,679 profit.
A new publication or filing at ELREY? 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 ELREY are David HASSON, Sacha HASSON and Sidney HASSON. It owns 100% of FINBELUC itself.
Directors
According to the 2025 annual accounts
David HASSON
Director
Also active at: PROFINCO, IMMOBILIERE CLARA, FINBELUC, BH HOLDINGS, HD INVESTMENTS
since 2019
Sacha HASSON
Director
Also active at: IMMO 2000, DIAMANT HOTEL COMPANY, IMMOBILIERE CLARA, FINBELUC, HOLDIMMO, BH HOLDINGS, HD INVESTMENTS
since 2019
Sidney HASSON
Director
Also active at: PROFINCO, IMMOBILIERE CLARA, FINBELUC, HD INVESTMENTS, MELVILLE INVESTMENTS
since 2019
Establishments
Establishment units
Physical locations of this company
Van Eyckstraat 44
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 21 companies are registered at this address.
All companies at this address →IMMO 2000 same network
€ 134,123 gross margin · 2025
European Vending & Coffee Service Association
DIAMANT HOTEL COMPANY same network
€ 419,764 gross margin · 2025
PROFINCO same network
€ 1.2 million gross margin · 2025
IMMOBILIERE CLARA same network
€ 529,672 gross margin · 2025
+16 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0728.658.555
- VAT number
- BE 0728.658.555
- Registered office
- Van Eyckstraat 44, 1000 Brussel
- Names & denominations
- ELREY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 June 2019
- Peppol
- Not registered
- Activities · NACE
Handel in eigen onroerend goed