Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 41 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ELVO from Nijlen, company number BE0433022549, closed financial year 2025 with a result of € 3,211 after tax. For that financial year ELVO recorded a gross margin of € -561 and equity of € -2.8 million. Compared with financial year 2024, the result moved from € 3,182 to € 3,211. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 23, 2026.
€ -2.8 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,211
▲ 1% vs 2024
Profit after tax over the fiscal year.
€ 936
▲ € 804 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -3.3 million.
Debts at end 2025
€ 2.3 million
Loans from banks and other lenders, long and short.
€ 490
▲ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -493 | € -514 | € -561 | € -561 | |
| Profit after taxes | € 913 | € 3,196 | € 3,182 | € 3,211 | ▲ 1% |
| Equity | € -2,789,547 | € -2,786,351 | € -2,783,169 | € -2,779,958 | |
| Total debts | € 3,097,546 | € 3,097,674 | € 3,097,699 | € 3,097,712 | |
| Cash | € 330 | € 810 | € 132 | € 936 | ▲ € 804 |
| Retained profit | € -3,285,334 | € -3,282,138 | € -3,278,956 | € -3,275,745 | |
| Bank debt | € 2,328,739 | € 2,328,739 | € 2,328,739 | € 2,328,739 | |
| Balance sheet total | € 308,000 | € 311,323 | € 314,530 | € 317,755 | ▲ 1% |
Key figures of ELVO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to ELVO?
What happened at ELVO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- H.J.M.F. Gillessen stepped down as director. NBB
- ETAC BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 3,211 (▲ 1% vs 2024). Source: NBB ↗
- H.J.M.F. Gillessen became a director. NBB
- ETAC BV became a director. NBB
- New establishment in Nijlen. KBO
- Start of the company according to the CBE. KBO
In short
From € 913 profit in 2022 to € 3,211 profit in 2025.
Best year ever: 2025, with € 3,211 profit.
Management
Directors
According to the 2025 annual accounts
H.J.M.F. Gillessen
Managing director
Also active at: BELGIAN DAIRY BOARD, Fimi Belgium, EMBER, MONACELL, BOKADAP
since 2024 · until 2030
Director · represented by Lode Mertens
Also active at: Belkamy, IMMO VIDEO, BELGIAN DAIRY BOARD, AQUANETIC, Aba Invest, ABA Immo Rent, TDM, LILOMHOLD +5 more
since 2020 · until 2026
Establishments
Establishment units
Physical locations of this company
Stationssteenweg(Kessel) 230A box 201
2560 Nijlen
Bartstraat(Kessel) 34
2560 Nijlen
Active since 26 November 1997
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
All companies at this address →IMMO VIDEO same network
€ 3,360 gross margin · 2025
BELGIAN DAIRY BOARD same network
€ -561 gross margin · 2025
EMBER same network
€ -6,831 gross margin · 2025
ETAC same network
€ 525,172 gross margin · 2025
ECIMA
€ 49,370 gross margin · 2025
+7 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0433.022.549
- VAT number
- BE 0433.022.549
- Registered office
- Stationssteenweg(Kessel) 230A bus 201, 2560 Nijlen
- Names & denominations
- ELVO · B.D.P.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 December 1987
- Peppol
- Active · Active since 30 May 2026