ACTIVE

ESPLANADE

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Financial year 2025 · closed on 31/12/2025

Net result

58,8 k €

+18.3% YoY

Gross margin

273,7 k €

+3.7% YoY

Equity

554,7 k €

+11.9% YoY

What does ESPLANADE do?

ESPLANADE is a Private limited company incorporated in 1999. Its registered office is in Ieper.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0467.092.018

Incorporation

19/10/1999

Legal form

Private limited company

Registered office

Minneplein 14 box B
8900 Ieper · FlandreSee on map

Contributed capital

18 592,01 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	273,7 k €	+3.7%	264 k €	-48.6%	513,2 k €	+96.8%	260,8 k €	+58.4%	164,6 k €	+28.0%	128,6 k €	+22.5%	105 k €	+20.0%	87,5 k €	+18.5%	73,9 k €	-22.5%	95,4 k €	+46.4%	65,1 k €	+30.1%	50,1 k €	+67.6%	29,9 k €	+49.5%	20 k €	-27.6%	27,6 k €	-63.0%	74,6 k €	+281%	19,6 k €	+4.2%	18,8 k €	-4.0%	19,6 k €	+13.0%	17,3 k €
EBITDA	264 k €	+3.6%	254,9 k €	-49.1%	500,8 k €	+151%	199,3 k €	+27.0%	156,9 k €	+46.8%	106,9 k €	+7.0%	99,9 k €	+18.7%	84,2 k €	+19.5%	70,4 k €	-23.6%	92,2 k €	+44.8%	63,6 k €	+31.0%	48,6 k €	+71.0%	28,4 k €	+50.7%	18,9 k €	-31.4%	27,5 k €	-63.1%	74,5 k €	+282%	19,5 k €	+4.2%	18,7 k €	-4.4%	19,6 k €	+13.0%	17,3 k €
Operating result	129,7 k €	+1.5%	127,8 k €	-67.7%	395,4 k €	+312%	95,9 k €	+31.9%	72,7 k €	+59.4%	45,6 k €	+65.1%	27,6 k €	+102%	13,7 k €	-25.6%	18,4 k €	-67.1%	55,9 k €	+24.2%	45 k €	+35.5%	33,2 k €	+87.4%	17,7 k €	+114%	8,3 k €	-51.0%	16,9 k €	-73.5%	64 k €	+1553%	3,9 k €	+175%	1,4 k €	-37.9%	2,3 k €	+1992%	-119,7 €
Net result	58,8 k €	+18.3%	49,7 k €	-80.8%	258,9 k €	+470%	45,4 k €	+21.5%	37,3 k €	+34.8%	27,7 k €	+81.1%	15,3 k €	+207%	5 k €	+68.3%	3 k €	-90.7%	31,9 k €	+25.8%	25,4 k €	+30.3%	19,5 k €	+103%	9,6 k €	+226%	2,9 k €	+293%	-1,5 k €	-103%	53,5 k €	+1330%	-4,4 k €	+46.4%	-8,1 k €	-13.3%	-7,2 k €	+26.0%	-9,7 k €
Balance sheet
Equity	554,7 k €	+11.9%	495,9 k €	+11.1%	446,2 k €	+138%	187,4 k €	+32.0%	142 k €	+35.7%	104,7 k €	+36.0%	76,9 k €	+24.8%	61,6 k €	+8.8%	56,7 k €	+5.5%	53,7 k €	+147%	21,8 k €	+0.6%	21,6 k €	0.0%	21,6 k €	-9.2%	23,8 k €	+14.1%	20,9 k €	-6.8%	22,4 k €	+206%	-21,1 k €	-26.0%	-16,8 k €	-93.9%	-8,6 k €	-483%	-1,5 k €
Total assets	1,6 M €	+2.6%	1,6 M €	+0.3%	1,6 M €	+2.3%	1,6 M €	+7.6%	1,4 M €	+117%	669,5 k €	-8.3%	729,7 k €	+7.6%	677,9 k €	+52.7%	444 k €	+51.9%	292,3 k €	+108%	140,8 k €	+8.6%	129,7 k €	+11.8%	115,9 k €	+4.0%	111,4 k €	-17.5%	135,1 k €	-15.7%	160,2 k €	+16.7%	137,3 k €	-10.1%	152,8 k €	-9.5%	168,8 k €	-8.9%	185,2 k €
Cash	1,8 k €	+1325%	126,2 €	-26.4%	171,5 €	-84.2%	1,1 k €	-55.2%	2,4 k €		–		–		–		–		–		–		6,6 k €	+3565%	180,1 €	-1.2%	182,2 €	+0.2%	181,9 €	+1.0%	180,1 €	0.0%	180,1 €	0.0%	180,1 €	0.0%	180,1 €	0.0%	180,1 €
Debts	1 M €	-1.5%	1 M €	-3.8%	1,1 M €	-21.0%	1,4 M €	+4.9%	1,3 M €	+133%	562,1 k €	-13.5%	649,6 k €	+6.0%	612,6 k €	+59.5%	384 k €	+63.2%	235,3 k €	+103%	115,9 k €	+11.5%	103,9 k €	+10.4%	94,2 k €	+7.5%	87,6 k €	-23.0%	113,8 k €	-17.4%	137,8 k €	-13.0%	158,4 k €	-6.6%	169,5 k €	-4.4%	177,4 k €	-4.8%	186,4 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 6 ended

Active mandates

ELS (000-001) VERVAET

Director

Active

GEERT (000-000) VAN BRUWAENE

Director

Active

Ended mandates

ELS (000-001) VERVAET

Mandate

Ended

ELS VERVAET

Director

Ended

ELS VERVAET

Manager

Ended

GEERT (000-000) VAN BRUWAENE

Mandate

Ended

At this address

Other companies at this address

Company	CBE no.
RESIDENTIE IRIS VME● Active	0851.348.412
VAN BRUWAENE - VERVAET● Active	0873.126.001

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	27/05/2026	01/07/2025	28/06/2024	13/07/2023	12/05/2022	17/05/2021
General meeting	30/04/2026	26/06/2025	30/04/2024	30/04/2023	30/04/2022	30/04/2021
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
Micro model	31/12/2025	30/04/2026	27/05/2026	Dutch	PDF
Micro model	31/12/2024	26/06/2025	01/07/2025	Dutch	PDF
Micro model	31/12/2023	30/04/2024	28/06/2024	Dutch	PDF
Micro model	31/12/2022	30/04/2023	13/07/2023	Dutch	PDF
Micro model	31/12/2021	30/04/2022	12/05/2022	Dutch	PDF
Micro model	31/12/2020	30/04/2021	17/05/2021	Dutch	PDF
Micro model	31/12/2019	30/04/2020	20/05/2020	Dutch	PDF
Micro model	31/12/2018	30/04/2019	28/06/2019	Dutch	PDF
Micro model	31/12/2017	30/04/2018	06/06/2018	Dutch	PDF
Micro model	31/12/2016	30/04/2017	22/05/2017	Dutch	PDF
Abridged model	31/12/2015	30/04/2016	13/05/2016	Dutch	PDF
Abridged model	31/12/2014	30/04/2015	18/05/2015	Dutch	PDF
Abridged model	31/12/2013	30/04/2014	22/05/2014	Dutch	PDF
Abridged model	31/12/2012	30/04/2013	21/05/2013	Dutch	PDF
Abridged model	31/12/2011	30/04/2012	21/05/2012	Dutch	PDF
Abridged model	31/12/2010	30/04/2011	16/05/2011	Dutch	PDF
Abridged model	31/12/2009	30/04/2010	17/05/2010	Dutch	PDF
Abridged model	31/12/2008	30/04/2009	18/05/2009	Dutch	PDF
Abridged model	31/12/2007	30/04/2008	21/05/2008	Dutch	PDF
Abridged model	31/12/2006	30/04/2007	24/05/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 2 active · 6 ended

Active mandates

ELS (000-001) VERVAET

Director

Active

GEERT (000-000) VAN BRUWAENE

Director

Active

Ended mandates

ELS (000-001) VERVAET

Mandate

Ended

ELS VERVAET

Director

Ended

ELS VERVAET

Manager

Ended

GEERT (000-000) VAN BRUWAENE

Mandate

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/03/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Registered office21/02/2019
MAATSCHAPPELIJKE ZETEL
PDF
Mandates16/07/2014
DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/07/2014
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 202558,8 k €↑
2024
Annual accounts 202449,7 k €↓
2023
Annual accounts 2023258,9 k €↑
2022
Annual accounts 202245,4 k €↑
2021
Annual accounts 202137,3 k €↑
2020
Annual accounts 202027,7 k €↑
2019
Annual accounts 201915,3 k €↑
2018
Annual accounts 20185 k €↑
2017
Annual accounts 20173 k €↓
2016
Annual accounts 201631,9 k €↑
2015
Annual accounts 201525,4 k €↑
2014
Annual accounts 201419,5 k €↑
2013
Annual accounts 20139,6 k €↑
2012
Annual accounts 20122,9 k €↑
2011
Annual accounts 2011-1,5 k €↓
2010
Annual accounts 201053,5 k €↑
2009
Annual accounts 2009-4,4 k €↑
2008
Annual accounts 2008-8,1 k €↓
2007
Annual accounts 2007-7,2 k €↑
2006
Annual accounts 2006-9,7 k €
19/10/1999
IncorporationPrivate 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

ESPLANADE

Overview

What does ESPLANADE do?

Trend over 20 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