ELZENWALLE
ActiveSummary
ELZENWALLE has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €44.0m and a net result of €1.3m, of which €2.9m non-recurring income. Equity has been stable since 2018 (±0.3% per year). Its solvency ranks better than 95% of 6,178 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Official details
Source: KBO- Status
- Active since 10-09-1993 Normal situation
- Registered office
- 10 active companies are registered at this address Source: KBO register, as of 4 November 2026.
- Activity
- Agents in non-specialised wholesale trade NACE 46190and 1 other
- Joint committees
- 100 Aanvullend Paritair Comité voor de werklieden
- 200 Aanvullend Paritair Comité voor de bedienden
- 302 Paritair Comité voor het hotelbedrijf · annual accounts 2025
- Establishment unit
- 2.063.817.926 8900 Ieper, since 06-10-1993
- Financial year end
- 31 December
- Peppol
- Reachable
Board and ownership
- OPUS TERRAEManaging director · permanent representative Paul Gheysens
- PASSIONATAManaging director · permanent representative Ria VANDOORNE
- Auditor
- KPMG Bedrijfsrevisoren
- DEUS99.4%2024 annual accounts of DEUS
- International Real Estate NVconsolidatesannual accounts 2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.4%
- Gross margin
- €3.0m
- ▲ 22×
- Turnover
- ≈ €13.0m
- estimated
- Profit
- €1.3m
- Equity
- €44.0m
- ▲ 3.0%
- Total assets
- €46.2m
- ▲ 4.9%
- Employees on 31-12-2025
- 5
- =
- 2025 accounts filed 55 days after the deadline
Score breakdownraises riskLiquidity: current ratio 0.23, cash €13,689, halvedLast filed accounts filed 55 days late; 1 of the last 3 accounts latelowers riskFounded in 1993Size: 5 FTE, total assets €46.2mShow the evidence
Checked score
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 90% of them on solvency, 53% on liquidity, 58% on profitability and 50% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 6 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed 2 directors appointed, 2 directors resigningResignation: Paul Gheysens (managing director and day-to-day manager) · Appointment: OPUS TERRAE BV (managing director and day-to-day manager) · Permanent representative: Paul Gheysens
- · Gazette deed Permanent representative: Christophe Van Parys
- · Gazette deed Reappointment: KPMG Bedrijfsrevisoren (statutory auditor)
Comparable companies
These companies have the same main activity as ELZENWALLE: agents in non-specialised wholesale trade (NACE 46190). They are comparable in size and age: total assets between €6m and €105m, founded between 1984 and 2015.
| Company | Total assets | Gross margin |
|---|---|---|
| ELZENWALLE Ieper | €46.2m | €3.0m |
| NICOLAS ORTS Ukkel | €12.6m | €1.7m |
| W.V.T. Industries Aartselaar | €104.6m | - |
| Food Group België Brugge | €69.5m | - |
| DE DEURWAERDER-van PUTTEN Gistel | €26.0m | €1.2m |
| FKS TRADING Torhout | €6.0m | €1.4m |
| ASSOCIATED WEAVERS INTERNATIONAL Ronse | €26.0m | - |
Key facts about ELZENWALLE
- What is the company number of ELZENWALLE?
- The company number of ELZENWALLE is 0450.893.711. The VAT number is the same number with BE in front: BE 0450.893.711.
- Where is ELZENWALLE based?
- The registered office is at Kemmelseweg 72, 8902 Ieper.Company details
- What does ELZENWALLE do?
- According to the KBO register, the main activity is agents in non-specialised wholesale trade (NACE 46190).
- What is the legal form of ELZENWALLE?
- The legal form of ELZENWALLE is Public limited company (NV).
- When was ELZENWALLE founded?
- ELZENWALLE was founded on 10-09-1993.
- Is ELZENWALLE still active?
- Yes, ELZENWALLE is an active enterprise in the KBO register.
- How many employees does ELZENWALLE have?
- ELZENWALLE had an average of 5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does ELZENWALLE fall under?
- In its 2025 annual accounts, ELZENWALLE states joint committees 100 (Aanvullend Paritair Comité voor de werklieden), 200 (Aanvullend Paritair Comité voor de bedienden) and 302 (Paritair Comité voor het hotelbedrijf).
- What is the turnover of ELZENWALLE?
- The turnover in financial year 2025 is ≈ €13.0m. This figure is estimated from the gross margin of €3.0m and 98 comparable companies (NACE 46). It probably lies between €7.6m and €21.0m.
- Is ELZENWALLE profitable?
- In financial year 2025, ELZENWALLE made a profit of €1.3m.
- Where can I find the annual accounts of ELZENWALLE?
- ELZENWALLE filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ELZENWALLE due?
- ELZENWALLE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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