What does ELIF PALACE do?

ELIF PALACE is a property company in Nazareth-De Pinte. Private Limited, started on 13 January 2022, 1 establishment.

What is the address of ELIF PALACE?

The registered office of ELIF PALACE is located at Nieuwe Steenweg 12, 9810 Nazareth-De Pinte.

Is ELIF PALACE still active?

Yes. According to the CBE (29 October 2026) ELIF PALACE is active, legal situation “Normale toestand”, started on 13 January 2022.

Is ELIF PALACE registered on Peppol?

Yes, ELIF PALACE is registered on the Peppol network with ID 0208:0780394989.

What is the enterprise number of ELIF PALACE?

The enterprise number of ELIF PALACE is BE0780394989.

When was ELIF PALACE founded?

ELIF PALACE was founded on 13 January 2022.

Who are the directors of ELIF PALACE?

According to the 2025 annual accounts, the directors of ELIF PALACE are: Mustafa Kizilkilinç, Emrah Kizilkilinç.

Is ELIF PALACE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 13 January 2022; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did ELIF PALACE make in 2025?

ELIF PALACE posted a profit after taxes of € 96,585 in financial year 2025.

What is the revenue of ELIF PALACE?

As a small company, ELIF PALACE is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 302,725.

ELIF PALACE (Private Limited) - Nazareth-De Pinte

Dossier ELIF PALACE, printed on 29 October 2026 from databakkes.be/en/0780394989/elif-palace. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Figures corrected NBB

Corrected annual account filed for 2024.

Financials

Financial year 2025

ELIF PALACE from Nazareth-De Pinte, company number BE0780394989, closed financial year 2025 with a result of € 96,585 after tax. For that financial year ELIF PALACE recorded a gross margin of € 302,725 and equity of € 39,590. Compared with financial year 2024, the result moved from € 116,179 to € 96,585. The company is profitable. 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.

What it is worth Growing

€ 39,590

▲ € 96,585 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 96,585

▼ 17% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 8,023

▼ 85% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 29,590.

People and assets in 2025

Vehicles and equipment

€ 88,331

▼ 16% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 9 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 738,917

▼ 18% vs 2024

€ 80,129 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.

Owed to suppliers

€ 22,774

▼ 33% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 11,270

▼ 13% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 63,307 Gross margin 2022: € 63,307 First fiscal year in the series	€ 42,007 Gross margin 2023: € 42,007 ▼ 34% vs 2022 (€ 63,307) Unfavourable step	€ 220,264 Gross margin 2024: € 220,264 ▲ € 178,257 vs 2023 (€ 42,007) Favourable step	€ 302,725 Gross margin 2025: € 302,725 ▲ 37% vs 2024 (€ 220,264) Favourable step	▲ 37%
Profit after taxes	€ 45,323 Profit after taxes 2022: € 45,323 First fiscal year in the series	€ -228,497 Profit after taxes 2023: € -228,497 ▼ € 273,820 vs 2022 (€ 45,323) Unfavourable step	€ 116,179 Profit after taxes 2024: € 116,179 ▲ € 344,676 vs 2023 (€ -228,497) Favourable step	€ 96,585 Profit after taxes 2025: € 96,585 ▼ 17% vs 2024 (€ 116,179) Unfavourable step	▼ 17%
Equity	€ 55,323 Equity 2022: € 55,323 First fiscal year in the series	€ -173,174 Equity 2023: € -173,174 ▼ € 228,497 vs 2022 (€ 55,323) Unfavourable step	€ -56,995 Equity 2024: € -56,995 ▲ € 116,179 vs 2023 (€ -173,174) Favourable step	€ 39,590 Equity 2025: € 39,590 ▲ € 96,585 vs 2024 (€ -56,995) Favourable step	▲ € 96,585
Total debts	€ 365,852 Total debts 2022: € 365,852 First fiscal year in the series	€ 1,701,316 Total debts 2023: € 1,701,316 ▲ € 1.3 million vs 2022 (€ 365,852) Unfavourable step	€ 1,656,554 Total debts 2024: € 1,656,554 ▼ 3% vs 2023 (€ 1,701,316) Favourable step	€ 1,507,155 Total debts 2025: € 1,507,155 ▼ 9% vs 2024 (€ 1,656,554) Favourable step	▼ 9%
Cash	€ 279,256 Cash 2022: € 279,256 First fiscal year in the series	€ 17,749 Cash 2023: € 17,749 ▼ 94% vs 2022 (€ 279,256) Unfavourable step	€ 54,375 Cash 2024: € 54,375 ▲ 206% vs 2023 (€ 17,749) Favourable step	€ 8,023 Cash 2025: € 8,023 ▼ 85% vs 2024 (€ 54,375) Unfavourable step	▼ 85%
Land & buildings	-	€ 1,268,195 Land & buildings 2023: € 1,268,195 First fiscal year in the series	€ 1,279,403 Land & buildings 2024: € 1,279,403 ▲ 1% vs 2023 (€ 1,268,195) Unchanged	€ 1,259,986 Land & buildings 2025: € 1,259,986 ▼ 2% vs 2024 (€ 1,279,403) Unchanged	▼ 2%
Retained profit	€ 45,323 Retained profit 2022: € 45,323 First fiscal year in the series	€ -183,174 Retained profit 2023: € -183,174 ▼ € 228,497 vs 2022 (€ 45,323) Unfavourable step	€ -66,995 Retained profit 2024: € -66,995 ▲ € 116,179 vs 2023 (€ -183,174) Favourable step	€ 29,590 Retained profit 2025: € 29,590 ▲ € 96,585 vs 2024 (€ -66,995) Favourable step	▲ € 96,585
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 976,275 Bank debt 2023: € 976,275 Unchanged (€ 0) Unfavourable step	€ 895,745 Bank debt 2024: € 895,745 ▼ 8% vs 2023 (€ 976,275) Favourable step	€ 738,917 Bank debt 2025: € 738,917 ▼ 18% vs 2024 (€ 895,745) Favourable step	▼ 18%
Balance sheet total	€ 421,175 Balance sheet total 2022: € 421,175 First fiscal year in the series	€ 1,528,141 Balance sheet total 2023: € 1,528,141 ▲ 263% vs 2022 (€ 421,175) Unchanged	€ 1,599,559 Balance sheet total 2024: € 1,599,559 ▲ 5% vs 2023 (€ 1,528,141) Unchanged	€ 1,546,745 Balance sheet total 2025: € 1,546,745 ▼ 3% vs 2024 (€ 1,599,559) Unchanged	▼ 3%

Key figures of ELIF PALACE, 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 ELIF PALACE?

What happened at ELIF PALACE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Sep 30, 2026 New annual accounts for financial year 2025: profit of € 96,585 (▼ 17% vs 2024). filed late Source: NBB ↗
Jan 13, 2022 New establishment in Nazareth-De Pinte. KBO
Jan 13, 2022 Start of the company according to the CBE. KBO
2021 Mustafa Kizilkilinç became a director. NBB
2021 Emrah Kizilkilinç became a director. NBB

In short

From € 45,323 profit in 2022 to € 96,585 profit in 2025.

Paid € 16,681 in corporate taxes since 2022.

Best year ever: 2024, with € 116,179 profit.

Original PDFs at the National Bank ↗

Management

Mustafa Kizilkilinç Emrah Kizilkilinç

MELISA

ELIF PALACE

DECORATIEWERKEN AS NEW

Behind ELIF PALACE are Mustafa Kizilkilinç and Emrah Kizilkilinç. Mustafa Kizilkilinç is also behind MELISA. Emrah Kizilkilinç is also behind DECORATIEWERKEN AS NEW.

Directors

According to the 2025 annual accounts

Mustafa Kizilkilinç

Director

Also active at: MELISA

since 2021

Emrah Kizilkilinç

Director

Also active at: DECORATIEWERKEN AS NEW

since 2021

Establishments

Establishment units

Physical locations of this company

Registered office

Nieuwe Steenweg 12

9810 Nazareth-De Pinte

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.

All companies at this address →

I FIRE

€ 79,831 gross margin · 2025

OMER OGLU

GROEP GEOFFREY BONTEMPS

GROUP BONTEMPS

€ 897,054 gross margin · 2025

TASSEY LOGISTICS

€ 65,224 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0780.394.989

VAT number

BE 0780.394.989

Registered office

Nieuwe Steenweg 12, 9810 Nazareth-De Pinte

Names & denominations

ELIF PALACE

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

13 January 2022

Peppol

Active · Active since 30 Jan 2025

Activities · NACE

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Verhuur en lease van vaat- en glaswerk, keuken- en tafelgerei, elektrische huishoudapparaten en andere huishoudelijke benodigdheden

View on CBE Public ↗ Annual accounts (NBB) ↗

ELIF PALACE

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Financials

What happened to ELIF PALACE?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions