Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 15 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ELATAN from Kruisem, company number BE0883928633, closed financial year 2025 with a result of € -21,238 after tax. For that financial year ELATAN recorded revenue of € 568,040 and equity of € 3.3 million. Compared with financial year 2024, the result moved from € 49,283 to € -21,238. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 8, 2026.
€ 3.3 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -21,238
▼ still € 49,283 profit in 2024
Profit after tax over the fiscal year.
€ 201,709
▲ 12% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -370,779.
Debts at end 2025
€ 4.7 million
▼ 7% vs 2024
€ 366,874 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 1,623
▼ 44% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 52 days on average.
€ 44,472
▲ 51% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 417,896 | € 541,536 | € 629,116 | € 568,040 | ▼ 10% |
| Profit after taxes | € 8,466 | € -5,503 | € 49,283 | € -21,238 | ▼ € 70,521 |
| Equity | € 3,232,678 | € 3,227,175 | € 3,276,458 | € 3,255,221 | ▼ 1% |
| Total debts | € 5,568,110 | € 6,791,147 | € 6,464,352 | € 6,120,126 | ▼ 5% |
| Cash | € 121,039 | € 225,321 | € 179,434 | € 201,709 | ▲ 12% |
| Land & buildings | € 8,519,649 | € 9,637,475 | € 9,331,003 | € 9,015,291 | ▼ 3% |
| Retained profit | € -393,322 | € -398,825 | € -349,542 | € -370,779 | ▼ € 21,238 |
| Bank debt | € 4,012,430 | € 5,351,282 | € 5,019,681 | € 4,660,130 | ▼ 7% |
| Balance sheet total | € 8,800,789 | € 10,018,322 | € 9,740,810 | € 9,375,347 | ▼ 4% |
Key figures of ELATAN, 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 ELATAN?
What happened at ELATAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Lt Capital & Advice BV stepped down as director. NBB
- Gentvest NV stepped down as director. NBB
- Steven Aelgoet stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 21,238 (▼ € 70,521 vs 2024). Source: NBB ↗
- Lt Capital & Advice BV became a director. NBB
- Gentvest NV became a director. NBB
- Steven Aelgoet became a director. NBB
- New establishment in Kruisem. KBO
In short
From € 8,466 profit in 2022 to € 21,238 loss in 2025.
Paid € 180 in corporate taxes since 2022.
Best year ever: 2024, with € 49,283 profit.
Pays suppliers within 52 days on average.
A new publication or filing at ELATAN? 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 GENTVEST, DE STUURKAMER comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ELATANThe shares are held by GENTVEST (50%) and DE STUURKAMER (50%).
Directors
According to the 2025 annual accounts
Director · represented by Jean-Marie De Buck Van Overstraeten
Also active at: OTRECO, KINLYS GROUP, Verhofsté, GENTVEST, P.N.T., Square Group, OTRECO INVESTMENT GROUP, ACLAGRO PROJECTS
since 2018 · until 2030
Managing director · represented by Katia De Geyter
Also active at: STUDIEBUREEL VOOR AUTOMOBIELTRANSPORT, KINLYS GROUP, OTRECO INVESTMENT GROUP
since 2018 · until 2030
Steven Aelgoet
Director
since 2018 · until 2030
Shareholders
50%
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Groenenweg(KRU) 19 box B
9770 Kruisem
Groenenweg(KRU) 19B
9770 Kruisem
Active since 3 October 2006
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
- 0883.928.633
- VAT number
- BE 0883.928.633
- Registered office
- Groenenweg(KRU) 19 bus B, 9770 Kruisem
- Names & denominations
- ELATAN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 October 2006
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- [email protected]
- Activities · NACE
Handel in eigen onroerend goed
Managementactiviteiten van holdings
Activiteiten van holdings
Overige zakelijke dienstverlening, neg
Holdings