ACTIVE

JELISA

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Financial year 2025 · closed on 31/12/2025

Net result

707,2 k €

+168.0% YoY

Gross margin

534,8 k €

-20.1% YoY

Equity

6,6 M €

+9.7% YoY

Workforce

0,0 ETP

What does JELISA do?

JELISA is a Public limited company incorporated in 1991. Its main activity is: Development of building projects. Its registered office is in Aalst.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0443.748.472

Incorporation

27/03/1991

Legal form

Public limited company

Registered office

Victor Bocquéstraat 1
9300 Aalst · FlandreSee on map

Contributed capital

100 000,00 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

41101Development of building projects· main 68121Buying and selling of own real estate 70111Activities of head offices 64200Activities of holding companies 64210Activities of holding companies 74151Specialised design activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	534,8 k €	-20.1%	669,4 k €	+43.0%	468,3 k €	+21.5%	385,3 k €	-28.3%	537,3 k €	+52.6%	352,1 k €	+83.1%	192,3 k €	-42.5%	334,6 k €	+2604%	-13,4 k €	-106%	211,8 k €	-20.9%	267,8 k €	+0.2%	267,2 k €	-21.1%	338,6 k €	+14.3%	296,1 k €	+13.0%	262,2 k €	-8.0%	285 k €	-16.2%	339,8 k €
EBITDA	500 k €	-21.3%	635,5 k €	+44.9%	438,5 k €	+23.1%	356,3 k €	-30.0%	509 k €	+51.1%	336,9 k €	+21.8%	276,7 k €	-10.1%	307,6 k €	+249%	-207 k €	-224%	166,4 k €	-29.1%	234,6 k €	+10.0%	213,3 k €	-29.6%	303,1 k €	+15.3%	262,9 k €	+13.3%	232,1 k €	+30.7%	177,6 k €	-39.3%	292,6 k €
Operating result	250,4 k €	-34.7%	383,6 k €	+53.4%	250 k €	+85.5%	134,8 k €	-56.7%	311,2 k €	+29.7%	240 k €	+24.6%	192,6 k €	-0.9%	194,3 k €	+160%	-322,2 k €	-355%	126,5 k €	+42.9%	88,6 k €	+41.9%	62,4 k €	-65.4%	180,2 k €	+29.7%	138,9 k €	+49.5%	92,9 k €	+200%	30,9 k €	-80.6%	159,8 k €
Net result	707,2 k €	+168%	263,9 k €	+124%	117,6 k €	-42.7%	205,1 k €	-47.8%	393 k €	+16.6%	337,1 k €	+984%	31,1 k €	+8.8%	28,6 k €	-97.3%	1,1 M €	+1090%	90,1 k €	+540%	14,1 k €	+178%	-18,1 k €	-118%	101,1 k €	+33.1%	76 k €	+1550%	-5,2 k €	-108%	63 k €	-75.2%	253,9 k €
Balance sheet
Equity	6,6 M €	+9.7%	6 M €	+1.1%	6 M €	-0.5%	6 M €	+3.1%	5,8 M €	+8.3%	5,4 M €	+6.7%	5 M €	+0.5%	5 M €	+0.6%	5 M €	+27.4%	3,9 M €	+13.0%	3,5 M €	-10.0%	3,9 M €	-0.5%	3,9 M €	+2.7%	3,8 M €	+2.1%	3,7 M €	-0.1%	3,7 M €	+1.7%	3,6 M €
Total assets	9,1 M €	+7.9%	8,4 M €	+1.1%	8,3 M €	-3.1%	8,6 M €	-5.6%	9,1 M €	+18.4%	7,7 M €	+6.2%	7,2 M €	-2.1%	7,4 M €	-3.0%	7,6 M €	+20.3%	6,3 M €	+6.3%	6 M €	-8.0%	6,5 M €	+1.3%	6,4 M €	+3.1%	6,2 M €	+1.8%	6,1 M €	-2.4%	6,2 M €	-2.1%	6,4 M €
Cash	738,1 k €	+26.0%	585,5 k €	+210%	188,7 k €	-40.8%	318,7 k €	+46.9%	217 k €	+870%	22,4 k €	+15.9%	19,3 k €	-27.8%	26,7 k €	-22.7%	34,6 k €	-83.0%	202,9 k €	-20.3%	254,5 k €	-45.9%	470,3 k €	+42.0%	331,2 k €	+727%	40 k €	+49.6%	26,8 k €	-56.7%	61,9 k €	+313%	15 k €
Debts	2,4 M €	+4.5%	2,3 M €	+0.9%	2,2 M €	-9.3%	2,5 M €	-21.5%	3,1 M €	+36.8%	2,3 M €	+6.1%	2,2 M €	-2.8%	2,2 M €	-10.2%	2,5 M €	+2.6%	2,4 M €	-2.6%	2,5 M €	-5.0%	2,6 M €	+4.2%	2,5 M €	+3.8%	2,4 M €	+3.1%	2,3 M €	-5.9%	2,5 M €	-5.0%	2,6 M €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP		0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 24 ended

Active mandates

FILIP VYVERMAN

Director · since 17 juin 2023 · until 16 juin 2029

Active

GODELIEVE DE WAEL

Director · since 17 juin 2023 · until 16 juin 2029

Active

JEAN-PIERRE NIEULANDT

Managing director · since 17 juin 2023 · until 16 juin 2029

Active

SANDY NIEULANDT

Managing director · since 17 juin 2023 · until 16 juin 2029

Active

Ended mandates

Filip Vijverman

Director · since 27 mai 2017 · until 27 mai 2023

Ended

Godelieve De Wael

Director · since 27 mai 2017 · until 27 mai 2023

Ended

Jean Pierre Nieulandt

Managing director · since 27 mai 2017 · until 27 mai 2023

Ended

Sandy Nieulandt

Managing director · since 27 mai 2017 · until 27 mai 2023

Ended

At this address

Other companies at this address

Company	CBE no.
NIEULANDT RECYCLING● Active	0443.748.175
Tanera Metals● Active	0747.867.426

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/06/2026	25/07/2025	18/06/2024	22/08/2023	19/08/2022	19/07/2021
General meeting	20/06/2026	21/06/2025	15/06/2024	17/06/2023	18/06/2022	19/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	20/06/2026	30/06/2026	Dutch	PDF
Abridged model	31/12/2024	21/06/2025	25/07/2025	Dutch	PDF
Abridged model	31/12/2023	15/06/2024	18/06/2024	Dutch	PDF
Abridged model	31/12/2022	17/06/2023	22/08/2023	Dutch	PDF
Abridged model	31/12/2021	18/06/2022	19/08/2022	Dutch	PDF
Abridged model	31/12/2020	19/06/2021	19/07/2021	Dutch	PDF
Abridged model	31/12/2019	30/05/2020	24/07/2020	Dutch	PDF
Abridged model	31/12/2018	25/05/2019	28/05/2019	Dutch	PDF
Abridged model	31/12/2017	26/05/2018	29/05/2018	Dutch	PDF
Abridged model	31/12/2016	27/05/2017	02/06/2017	Dutch	PDF
Abridged model	31/12/2015	28/05/2016	30/05/2016	Dutch	PDF
Abridged model	31/12/2014	30/05/2015	01/06/2015	Dutch	PDF
Abridged model	31/12/2013	31/05/2014	02/06/2014	Dutch	PDF
Abridged model	31/12/2012	25/05/2013	27/05/2013	Dutch	PDF
Abridged model	31/12/2011	26/05/2012	29/05/2012	Dutch	PDF
Abridged model	31/12/2010	28/05/2011	01/06/2011	Dutch	PDF
Abridged model	31/12/2009	29/05/2010	31/05/2010	Dutch	PDF
Abridged model	31/12/2008	30/05/2009	09/06/2009	Dutch	PDF
Abridged model	31/12/2007	31/05/2008	05/06/2008	Dutch	PDF
Abridged model	31/12/2006	26/05/2007	04/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 24 ended

Active mandates

FILIP VYVERMAN

Director · since 17 juin 2023 · until 16 juin 2029

Active

GODELIEVE DE WAEL

Director · since 17 juin 2023 · until 16 juin 2029

Active

JEAN-PIERRE NIEULANDT

Managing director · since 17 juin 2023 · until 16 juin 2029

Active

SANDY NIEULANDT

Managing director · since 17 juin 2023 · until 16 juin 2029

Active

Ended mandates

Filip Vijverman

Director · since 27 mai 2017 · until 27 mai 2023

Ended

Godelieve De Wael

Director · since 27 mai 2017 · until 27 mai 2023

Ended

Jean Pierre Nieulandt

Managing director · since 27 mai 2017 · until 27 mai 2023

Ended

Sandy Nieulandt

Managing director · since 27 mai 2017 · until 27 mai 2023

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring26/08/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
PDF
Restructuring27/06/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates06/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/01/2021
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates15/06/2017
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares28/02/2014
KAPITAAL - AANDELEN
PDF
Registered office06/01/2012
MAATSCHAPPELIJKE ZETEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates13/10/2011
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025707,2 k €↑
2024
Annual accounts 2024263,9 k €↑
2023
Annual accounts 2023117,6 k €↓
2022
Annual accounts 2022205,1 k €↓
2021
Annual accounts 2021393 k €↑
2018
Annual accounts 2018337,1 k €↑
2017
Annual accounts 201731,1 k €↑
2016
Annual accounts 201628,6 k €↓
2015
Annual accounts 20151,1 M €↑
2014
Annual accounts 201490,1 k €↑
2013
Annual accounts 201314,1 k €↑
2012
Annual accounts 2012-18,1 k €↓
2011
Annual accounts 2011101,1 k €↑
2010
Annual accounts 201076 k €↑
2009
Annual accounts 2009-5,2 k €↓
2008
Annual accounts 200863 k €↓
2007
Annual accounts 2007253,9 k €
27/03/1991
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

JELISA

Overview

What does JELISA do?

Trend over 17 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline