ACTIVE

ELSELEEN

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Financial year 2025 · Closed on 31/12/2025

Net result595,8 k €-4,4 %over 1 year

Gross margin3,1 M €-0,9 %over 1 year

Equity6,7 M €+6,2 %over 1 year

Workforce4,8 ETP-4,0 %over 1 year

Identity

Source · BCE/KBO

ELSELEEN is a Public limited company incorporated in 1993. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Aalter. It employs on average 4,8 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0450.478.193
Incorporation: 01/07/1993
Legal form: Public limited company
Registered office: Kraenepoelpad 19
9880 Aalter · FlandreSee on map
Contributed capital: 1 656 710,05 €
Latest accounts: 31/12/2025
Average workforce: 4,8 ETP

Activities (NACE)

68201Rental and operating of own or leased real estate· main 68201Rental and operating of own or leased real estate 68203Rental and operating of own or leased real estate 68203Rental and operating of own or leased real estate 70203Management consultancy activities 68203Rental and operating of own or leased real estate+3

Joint committees (2)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 21 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	3,1 M €	-0.9%	3,2 M €	+11.1%	2,9 M €	+5.3%	2,7 M €	+22.6%	2,2 M €
EBITDA	2,7 M €	-3.8%	2,8 M €	+12.3%	2,5 M €	+34.1%	1,9 M €	-1.2%	1,9 M €
Operating result	1,4 M €	-8.8%	1,5 M €	+18.8%	1,3 M €	+73.0%	749,9 k €	-17.6%	909,9 k €
Net result	595,8 k €	-4.4%	622,9 k €	+33.5%	466,7 k €	+109%	223,1 k €	-35.9%	348 k €
Balance sheet
Equity	6,7 M €	+6.2%	6,3 M €	+7.1%	5,9 M €	+4.7%	5,7 M €	+4.1%	5,4 M €
Total assets	32,3 M €	-2.7%	33,2 M €	+0.8%	32,9 M €	-0.6%	33,1 M €	+17.5%	28,2 M €
Cash	323,7 k €	-4.1%	337,4 k €	-17.2%	407,5 k €	-31.8%	597,2 k €	+92.1%	310,8 k €
Debts	24,8 M €	-4.6%	26 M €	-0.5%	26,1 M €	-2.9%	26,9 M €	+21.7%	22,1 M €
Other
Workforce	4,8 ETP	-4.0%	5,0 ETP	-2.0%	5,1 ETP	+21.4%	4,2 ETP	+2.4%	4,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Griet VANDERMEERSCH	Director29/05/2004 → 20/12/2029Chairman of the board of directors29/05/2010 → 2011 accountsended
CELSUS0821.641.963Represented by Dirk VANDENBUSSCHE	Director01/09/2019 → 20/12/2029
Leen VANDENBUSSCHE	Director20/12/2023 → 20/12/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
CONSCIUS0821.418.170Represented by Dirk VANDENBUSSCHE	Director29/05/2010 → 2019 accountsManaging director29/05/2010 → 2011 accounts

Other companies at this address

Kraenepoelpad 19 9880 Aalter

Company	CBE no.
CELSUS● Active	0821.641.963
CONSCIUS● Active	0821.418.170
EMMA● Active	0724.739.161
MARTHA● Active	0724.807.358

Full financial information

Source · NBB

	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	24/08/2026	17/07/2025	29/08/2024	29/08/2023	16/08/2022	16/06/2021
General meeting	24/06/2026	30/06/2025	29/06/2024	30/06/2023	28/05/2022	29/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	24/06/2026	24/08/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	17/07/2025	Dutch	PDF
Abridged model	31/12/2023	29/06/2024	29/08/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	29/08/2023	Dutch	PDF
Abridged model	31/12/2021	28/05/2022	16/08/2022	Dutch	PDF
Abridged model	31/12/2020	29/05/2021	16/06/2021	Dutch	PDF
Abridged model	31/12/2019	30/06/2020	17/08/2020	Dutch	PDF
Abridged model	31/12/2018	25/06/2019	01/08/2019	Dutch	PDF
Abridged model	31/12/2017	26/06/2018	13/07/2018	Dutch	PDF
Full model	31/12/2016	27/06/2017	23/08/2017	Dutch	PDF
Full model	31/12/2015	28/05/2016	24/06/2016	Dutch	PDF
Full model	31/12/2014	31/08/2015	31/08/2015	Dutch	PDF
Full model	31/12/2013	08/09/2014	19/09/2014	Dutch	PDF
Full model	31/12/2012	25/06/2013	28/08/2013	Dutch	PDF
Full modelCorrection	31/12/2011	30/06/2012	22/08/2012	Dutch	PDF
Full model	31/12/2011	30/06/2012	20/08/2012	Dutch	PDF
Full model	31/12/2010	15/08/2011	31/08/2011	Dutch	PDF
Full model	31/12/2009	29/05/2010	16/06/2010	Dutch	PDF
Abridged model	31/12/2008	30/05/2009	06/07/2009	Dutch	PDF
Abridged model	30/11/2007	31/05/2008	04/06/2008	Dutch	PDF
Abridged model	30/11/2006	26/05/2007	01/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Griet VANDERMEERSCH	Director29/05/2004 → 20/12/2029Chairman of the board of directors29/05/2010 → 2011 accountsended
CELSUS0821.641.963Represented by Dirk VANDENBUSSCHE	Director01/09/2019 → 20/12/2029
Leen VANDENBUSSCHE	Director20/12/2023 → 20/12/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
CONSCIUS0821.418.170Represented by Dirk VANDENBUSSCHE	Director29/05/2010 → 2019 accountsManaging director29/05/2010 → 2011 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates28/12/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/03/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/11/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/12/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/07/2016
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring15/12/2014
DOEL - KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring24/10/2014
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Other17/01/2012
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings19 filings

Mandates

Griet VANDERMEERSCH

CELSUS

Leen VANDENBUSSCHE

CONSCIUS

Dirk VANDENBUSSCHE

Jan VANDENBUSSCHE

1993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029

ELSELEEN

Kraenepoelpad 19, 9880 Aalter

DirectorChairman of the board of directors

Director

DirectorManaging director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Kraenepoelpad 19, 9880 AalterCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00424255

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
ELSELEENCurrent	accounts 2006 → 2025	Accounts 2025 · 2026-00424255

Events

2025
Annual accounts 2025595,8 k €↓
2024
Annual accounts 2024622,9 k €↑
2023
Annual accounts 2023466,7 k €↑
2022
Annual accounts 2022223,1 k €↓
2021
Annual accounts 2021348 k €↓
2020
Annual accounts 2020938,2 k €↑
2019
Annual accounts 2019286,4 k €↓
2018
Annual accounts 2018529,7 k €↑
2017
Annual accounts 2017227,4 k €↑
2016
Annual accounts 2016-466,3 k €↑
2015
Annual accounts 2015-785,1 k €↓
2014
Annual accounts 2014147,4 k €↓
2013
Annual accounts 2013260,9 k €↑
2012
Annual accounts 2012234,4 k €↓
2011
Annual accounts 2011338,1 k €↓
2010
Annual accounts 2010453,7 k €↑
2009
Annual accounts 200975,1 k €↓
2007
Annual accounts 2007326,3 k €↑
2006
Annual accounts 2006240,3 k €
01/07/1993
IncorporationPublic limited company

ELSELEEN

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events