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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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ELGON from Lubbeek, company number BE0433908615, closed financial year 2025 with a result of € 7,191 after tax. For that financial year ELGON recorded a gross margin of € 43,910 and equity of € 317,220. Compared with financial year 2024, the result moved from € 14,809 to € 7,191. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 1, 2026.
€ 317,220
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 7,191
▼ 51% vs 2024
Profit after tax over the fiscal year.
€ 147
▼ 87% 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 € 267,641.
Debts at end 2025
€ 174,921
▼ 18% vs 2024
€ 39,961 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 5,139
▲ € 4,767 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 581
▼ 90% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 46,171 | € 47,627 | € 59,226 | € 43,910 | ▼ 26% |
| Profit after taxes | € 5,463 | € 7,278 | € 14,809 | € 7,191 | ▼ 51% |
| Equity | € 287,942 | € 295,220 | € 310,029 | € 317,220 | ▲ 2% |
| Total debts | € 346,580 | € 312,233 | € 276,192 | € 247,745 | ▼ 10% |
| Cash | € 1,238 | € 1,399 | € 1,122 | € 147 | ▼ 87% |
| Land & buildings | € 614,385 | € 593,433 | € 572,482 | € 551,530 | ▼ 4% |
| Retained profit | € 238,363 | € 245,641 | € 260,450 | € 267,641 | ▲ 3% |
| Bank debt | € 288,672 | € 252,029 | € 214,129 | € 174,921 | ▼ 18% |
| Balance sheet total | € 680,822 | € 650,194 | € 625,404 | € 600,589 | ▼ 4% |
Key figures of ELGON, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to ELGON?
What happened at ELGON in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 7,191 (▼ 51% vs 2024). Source: NBB ↗
- Chantal Otto became a director. NBB
- New establishment in Lubbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,463 profit in 2022 to € 7,191 profit in 2025.
Paid € 29,728 in corporate taxes since 2022.
Best year ever: 2024, with € 14,809 profit.
Management
Behind ELGON is Chantal Otto. It owns 100% of WEGASSUR itself.
Directors
According to the 2025 annual accounts
since 2024
Establishments
Establishment units
Physical locations of this company
Lindestraat(LIN) 37 box i
3210 Lubbeek
Lindestraat(LIN) 37 i
3210 Lubbeek
Active since 22 April 1988
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0433.908.615
- VAT number
- BE 0433.908.615
- Registered office
- Lindestraat(LIN) 37 bus i, 3210 Lubbeek
- Names & denominations
- ELGON
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1988
- Peppol
- Active · Active since 11 Jun 2026
- Activities · NACE
Overige fiscale dienstverlening
Boekhouders
Boekhouders en boekhouders-fiscalisten
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis