ACTIVE

ELSEAS

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Financial year 2025 · closed on 31/12/2025
Net result
25,6 k €
-53.1% YoY
Gross margin
34,3 k €
-51.1% YoY
Equity
138,2 k €
+22.8% YoY

What does ELSEAS do?

ELSEAS is a Private limited company incorporated in 2022. Its main activity is: Computer consultancy activities. Its registered office is in Aalst.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0794.501.660
Incorporation
07/12/2022
Legal form
Private limited company
Registered office
Groeneweg 17
9320 Aalst · FlandreSee on map
Contributed capital
2 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
62020Computer consultancy activities· main62200Computer programming, consultancy and related activities47120Retail sale in non-specialised stores47910Retail sale via mail order houses or via Internet63120Web portals63910News agency activities+4
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 3 financial years

202520242023
Income statement
Gross margin34,3 k €70,1 k €70,6 k €
EBITDA34,3 k €70,1 k €70,6 k €
Operating result32,5 k €68,5 k €70,2 k €
Net result25,6 k €54,6 k €56 k €
Balance sheet
Equity138,2 k €112,6 k €58 k €
Total assets179,8 k €155,5 k €86 k €
Cash125,6 k €136,7 k €74,1 k €
Debts41,6 k €43 k €28 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 · 1 active

Active mandates

Iliass EL SAYD

Mandate

Active
At this address

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Annual accounts

Full financial information

202520242023
Type of accountMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202407/12/2022
Closing of the financial year31/12/202531/12/202431/12/2023
Length of the financial year12 months12 months13 months
Filing date27/07/202618/08/202515/08/2024
General meeting22/06/202628/06/202528/06/2024
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

3 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202522/06/202627/07/2026DutchPDF
Micro model31/12/202428/06/202518/08/2025DutchPDF
Micro model31/12/202328/06/202415/08/2024DutchPDF
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 · 1 active

Active mandates

Iliass EL SAYD

Mandate

Active
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Other09/12/2022
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 202525,6 k €↓
  2. 2024
    Annual accounts 202454,6 k €↓
  3. 2023
    Annual accounts 202356 k €
  4. 07/12/2022
    IncorporationPrivate limited company