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 46 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ELSEN & SON from Hamois, company number BE0888054301, closed financial year 2025 with a result of € -226 after tax. For that financial year ELSEN & SON recorded a gross margin of € 185,935 and equity of € 196,265. Compared with financial year 2024, the result moved from € 9,345 to € -226. 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 October 13, 2026.
€ 196,265
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -226
▼ still € 9,345 profit in 2024
Profit after tax over the fiscal year.
€ 1,028
▼ 80% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 177,665.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 70,762
▲ 22% vs 2024
€ 70,800 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.
€ 4,966
▼ 32% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 451,658
▼ 7% vs 2024
€ 36,437 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 112,912
▼ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 74,123
▲ 48% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 98,415 | € 138,255 | € 186,569 | € 185,935 | |
| Profit after taxes | € 1,451 | € -15,539 | € 9,345 | € -226 | ▼ € 9,571 |
| Equity | € 202,685 | € 187,146 | € 196,491 | € 196,265 | |
| Total debts | € 432,408 | € 799,751 | € 779,536 | € 814,280 | ▲ 4% |
| Cash | € 6,262 | € 1,068 | € 5,126 | € 1,028 | ▼ 80% |
| Land & buildings | € 90,219 | € 591,328 | € 575,682 | € 560,037 | ▼ 3% |
| Retained profit | € 184,085 | € 168,546 | € 177,891 | € 177,665 | |
| Bank debt | € 205,314 | € 526,501 | € 485,114 | € 451,658 | ▼ 7% |
| Balance sheet total | € 635,093 | € 986,897 | € 976,027 | € 1,010,545 | ▲ 4% |
| Employees (FTE) | 1 | 1 | 1 | 1 |
Key figures of ELSEN & SON, 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 ELSEN & SON?
What happened at ELSEN & SON in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 226 (▼ € 9,571 vs 2024). filed late Source: NBB ↗
- New establishment in Hamois. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,451 profit in 2022 to € 226 loss in 2025.
Paid € 20,020 in corporate taxes since 2022.
Best year ever: 2024, with € 9,345 profit.
On average € 185,900 of value added per employee in 2025.
Establishments
Establishment units
Physical locations of this company
Rue du Rond-Point, Natoye 6
5360 Hamois
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
OVH, FR
Website info
Features
Security
Details
- Company number
- 0888.054.301
- VAT number
- BE 0888.054.301
- Registered office
- Rue du Rond-Point, Natoye 6, 5360 Hamois
- Names & denominations
- ELSEN & SON
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Normale toestand
- Start date
- 15 March 2007
- Peppol
- Active · Active since 30 Dec 2025
- Contact
- elsenandson.be
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