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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
Financials
Financial year 2025
ELSECO België from Zedelgem, company number BE0762567280, closed financial year 2025 with a result of € 12,149 after tax. For that financial year ELSECO België recorded a gross margin of € 270,248 and equity of € -159,187. Compared with financial year 2024, the result moved from € 28,135 to € 12,149. The company is profitable. 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 August 31, 2026.
€ -159,187
▲ € 12,149 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 12,149
▼ 57% vs 2024
Profit after tax over the fiscal year.
€ 2,634
▼ 90% 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 € -169,187.
People and assets in 2025
€ 231,886
▲ 18% 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.
€ 22,993
▼ 39% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 192,805
▼ 23% vs 2024
Loans from banks and other lenders, long and short.
€ 16,013
▼ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 26,881
▲ 6% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 53,458 | € 178,508 | € 258,815 | € 270,248 | ▲ 4% |
| Profit after taxes | € -86,994 | € -30,297 | € 28,135 | € 12,149 | ▼ 57% |
| Equity | € -169,173 | € -199,470 | € -171,336 | € -159,187 | ▲ € 12,149 |
| Total debts | € 270,813 | € 319,507 | € 314,131 | € 258,776 | ▼ 18% |
| Cash | € 45,225 | € 5,628 | € 26,796 | € 2,634 | ▼ 90% |
| Retained profit | € -179,173 | € -209,470 | € -181,336 | € -169,187 | ▲ € 12,149 |
| Bank debt | € 228,477 | € 276,255 | € 250,658 | € 192,805 | ▼ 23% |
| Balance sheet total | € 101,640 | € 120,036 | € 142,795 | € 99,589 | ▼ 30% |
| Employees (FTE) | 2 | 2.7 | 3 | - |
Key figures of ELSECO België, 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 ELSECO België?
What happened at ELSECO België in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 12,149 (▼ 57% vs 2024). filed late Source: NBB ↗
- New establishment in Zedelgem. KBO
- Charlotte Lecluyse became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 86,994 loss in 2022 to € 12,149 profit in 2025.
Paid € 2,146 in corporate taxes since 2022.
Best year ever: 2024, with € 28,135 profit.
On average € 86,300 of value added per employee in 2024.
Management
The stake of TLC+ comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ELSECO BelgiëBehind ELSECO België is Charlotte Lecluyse. The shares are held by TLC+ (30%).
Directors
According to the 2025 annual accounts
Charlotte Lecluyse
Director
since 2021
Shareholders
30%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Litterveldstraat 7
8211 Zedelgem
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
- 0762.567.280
- VAT number
- BE 0762.567.280
- Registered office
- Litterveldstraat 7, 8211 Zedelgem
- Names & denominations
- ELSECO België
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 January 2021
- Peppol
- Active · Active since 31 Oct 2023
- Activities · NACE
Overige bouwinstallatie
Beveiligingsactiviteiten, neg
Overige bouwinstallatie, n.e.g.
Diensten in verband met beveiligingssystemen