Financials
Financial year 2025
ELSACO from Merelbeke-Melle, company number BE0777588622, closed financial year 2025 with a result of € 1,303 after tax. For that financial year ELSACO recorded a gross margin of € 16,584 and equity of € 32,410. Compared with financial year 2024, the result moved from € 11,084 to € 1,303. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 20, 2026.
€ 32,410
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,303
▼ 88% vs 2024
Profit after tax over the fiscal year.
€ 3,021
▼ 65% 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 € 27,410.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 4,720
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 46,869
€ 15,212 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 68
▼ 99% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 326
▼ 94% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 28,451 | € 18,844 | € 16,584 | ▼ 12% |
| Profit after taxes | € 15,023 | € 11,084 | € 1,303 | ▼ 88% |
| Equity | € 20,023 | € 31,107 | € 32,410 | ▲ 4% |
| Total debts | € 22,979 | € 14,520 | € 47,262 | ▲ 225% |
| Cash | € 24,287 | € 8,680 | € 3,021 | ▼ 65% |
| Retained profit | € 15,023 | € 26,107 | € 27,410 | ▲ 5% |
| Bank debt | € 0 | € 0 | € 46,869 | |
| Balance sheet total | € 43,002 | € 45,627 | € 79,672 | ▲ 75% |
Key figures of ELSACO, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to ELSACO?
What happened at ELSACO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,303 (▼ 88% vs 2024). Source: NBB ↗
- Thalia De Vriendt became a director. NBB
- Seydi Eryilmaz stepped down as director. NBB
- New establishment in Merelbeke-Melle. KBO
- Start of the company according to the CBE. KBO
In short
From € 15,023 profit in 2023 to € 1,303 profit in 2025.
Paid € 7,006 in corporate taxes since 2023.
Best year ever: 2023, with € 15,023 profit.
A new publication or filing at ELSACO? 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
Directors
According to the 2025 annual accounts
Thalia De Vriendt
Director
since 2025
Seydi Eryilmaz
Bestuurder
· until 2025
Establishments
Establishment units
Physical locations of this company
Hendrik Consciencestraat 51 box 101
9820 Merelbeke-Melle
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0777.588.622
- VAT number
- BE 0777.588.622
- Registered office
- Hendrik Consciencestraat 51 bus 101, 9820 Merelbeke-Melle
- Names & denominations
- ELSACO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 November 2021
- Peppol
- Active · Active since 9 Dec 2025
- Activities · NACE
Algemene bouw van residentiële gebouwen
Goederenvervoer over de weg
Activiteiten van slachthuizen
Verwerking en conservering van vlees, exclusief vlees van gevogelte