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 3 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ELESSAN from Antwerpen, company number BE0802335696, closed financial year 2025 with a result of € -514,371 after tax. For that financial year ELESSAN recorded a gross margin of € -221,234 and equity of € -218,206. Compared with financial year 2024, the result moved from € -717,178 to € -514,371. 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 June 8, 2026.
€ -218,206
▼ € 514,371 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -514,371
▲ 28 % less loss than in 2024
Profit after tax over the fiscal year.
€ 60,613
▼ 83% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.7 million.
People and assets in 2025
1
▼ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 166,803
▼ 48% vs 2024
€ 166,800 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.
€ 1,383
▼ 78% 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.
€ 24,366
▼ 82% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 35,789
▼ 53% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -287,496 | € -381,277 | € -221,234 | ▲ € 160,043 |
| Profit after taxes | € -486,656 | € -717,178 | € -514,371 | ▲ € 202,807 |
| Equity | € 513,344 | € 296,165 | € -218,206 | ▼ € 514,371 |
| Total debts | € 109,127 | € 212,980 | € 305,903 | ▲ 44% |
| Cash | € 463,155 | € 359,713 | € 60,613 | ▼ 83% |
| Retained profit | € -486,656 | € -1,203,835 | € -1,718,206 | ▼ € 514,371 |
| Balance sheet total | € 622,471 | € 509,145 | € 87,697 | ▼ 83% |
| Employees (FTE) | 2 | 2 | 1 | ▼ 1 |
Key figures of ELESSAN, fiscal years 2023 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 ELESSAN?
What happened at ELESSAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Emmanuel Damman stepped down as director. NBB
- Jozef De Backer stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 514,371. Source: NBB ↗
- Emmanuel Damman became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
- Jozef De Backer became a director. NBB
In short
From € 486,656 loss in 2023 to € 514,371 loss in 2025.
Paid € 1,287 in corporate taxes since 2023.
A new publication or filing at ELESSAN? 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
The stake of Niko comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ELESSANThe shares are held by Andhers NV (100%) and Niko (100%).
Directors
According to the 2025 annual accounts
Emmanuel Damman
Director
Also active at: Niko, MEZZANINE PARTNERS MANAGEMENT 2, MEZZANINE PARTNERS 2, ACONTERRA FUND
since 2026 · until 2027
Jozef De Backer
Chairman of the board
Also active at: Niko, VIDAL, ANDHERS, Niko Belgium, SNOFLA, ACONTERRA FUND, WYGWAM INTERNATIONAL
since 2023 · until 2027
Shareholders
100%
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Van Putlei 18
2018 Antwerpen
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
- 0802.335.696
- VAT number
- BE 0802.335.696
- Registered office
- Van Putlei 18, 2018 Antwerpen
- Names & denominations
- ELESSAN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 June 2023
- Peppol
- Active · Active since 1 Jan 2026
- Activities · NACE
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