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 2 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 41 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ELSA from Lier, company number BE0838644182, closed financial year 2025 with a result of € 7,046 after tax. For that financial year ELSA recorded a gross margin of € 72,275 and equity of € -9,524. Compared with financial year 2024, the result moved from € -45,413 to € 7,046. Profitable, and profit is growing. 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 July 24, 2026.
€ -9,524
▲ € 7,046 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 7,046
▲ still € 45,413 loss in 2024
Profit after tax over the fiscal year.
€ 26,358
▲ 2% 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 € -28,124.
People and assets in 2025
€ 52,241
▼ 78% 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
None
No bank loans on the last day of the fiscal year.
€ 17,918
▲ 94% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 20,440
▼ 43% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 193,300 | € 199,501 | € 196,238 | € 72,275 | ▼ 63% |
| Profit after taxes | € -3,550 | € -26,492 | € -45,413 | € 7,046 | ▲ € 52,458 |
| Equity | € 55,335 | € 28,843 | € -16,570 | € -9,524 | ▲ € 7,046 |
| Total debts | € 71,431 | € 71,723 | € 69,990 | € 65,646 | ▼ 6% |
| Cash | € 97,573 | € 73,676 | € 25,961 | € 26,358 | ▲ 2% |
| Retained profit | € 36,735 | € 10,243 | € -35,170 | € -28,124 | ▲ € 7,046 |
| Balance sheet total | € 126,766 | € 100,566 | € 53,420 | € 56,121 | ▲ 5% |
Key figures of ELSA, 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 ELSA?
What happened at ELSA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 7,046. Source: NBB ↗
- Niki Van der Auwera became a director. NBB
- Sven Vinck became a director. NBB
- Celine Vinck became a director. NBB
- New establishment in Lier. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,550 loss in 2022 to € 7,046 profit in 2025.
Paid € 2 in corporate taxes since 2022.
Best year ever: 2025, with € 7,046 profit.
A new publication or filing at ELSA? 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 ELSA are Sven Vinck, Niki Van der Auwera and Celine Vinck.
Directors
According to the 2025 annual accounts
Sven Vinck
Director
since 2022
Niki Van der Auwera
Director
since 2024
Celine Vinck
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Grote Markt 36
2500 Lier
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0838.644.182
- VAT number
- BE 0838.644.182
- Registered office
- Grote Markt 36, 2500 Lier
- Names & denominations
- ELSA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 August 2011
- Peppol
- Active · Active since 8 Dec 2025
- Activities · NACE
Cafés en bars
Activiteiten van eetgelegenheden met volledige bediening
Eetgelegenheden met volledige bediening