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 32 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ELESCO from Waimes, company number BE0440085832, closed financial year 2025 with a result of € -2,959 after tax. For that financial year ELESCO recorded a gross margin of € 7,077 and equity of € 136,631. Compared with financial year 2024, the result moved from € 115,403 to € -2,959. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 136,631
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,959
▼ still € 115,403 profit in 2024
Profit after tax over the fiscal year.
€ 4,816
▲ 271% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 11,631.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 4,099
▼ 86% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 228
▼ 37% 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 | € -6,290 | € -13,649 | € 164,204 | € 7,077 | ▼ 96% |
| Profit after taxes | € -46,209 | € -30,849 | € 115,403 | € -2,959 | ▼ € 118,361 |
| Equity | € 55,036 | € 24,187 | € 139,590 | € 136,631 | ▼ 2% |
| Total debts | € 214,051 | € 269,284 | € 235,209 | € 193,337 | ▼ 18% |
| Cash | € 2,518 | € 10,375 | € 1,297 | € 4,816 | ▲ 271% |
| Land & buildings | € 29,424 | € 26,624 | € 62,976 | € 61,712 | ▼ 2% |
| Retained profit | € -69,964 | € -100,813 | € 14,590 | € 11,631 | ▼ 20% |
| Balance sheet total | € 349,087 | € 373,471 | € 454,800 | € 409,969 | ▼ 10% |
Key figures of ELESCO, 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 April 2027.
What happened to ELESCO?
What happened at ELESCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Gilbert HERMANN stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 2,959 (▼ € 118,361 vs 2024). Source: NBB ↗
- Stéphanie HERMANN stepped down as director. NBB
- Gilbert HERMANN became a director. NBB
- Stéphanie HERMANN became a director. NBB
- New establishment in Waimes. KBO
- Start of the company according to the CBE. KBO
In short
From € 46,209 loss in 2022 to € 2,959 loss in 2025.
Paid € 22,428 in corporate taxes since 2022.
Best year ever: 2024, with € 115,403 profit.
Management
It owns 89.6% of LSMCO itself.
Directors
According to the 2025 annual accounts
Stéphanie HERMANN
Director
since 2020 · until 2025
Gilbert HERMANN
Managing director
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Hasse,Faymonville 3 box 2
4950 Waimes
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
- 0440.085.832
- VAT number
- BE 0440.085.832
- Registered office
- Hasse,Faymonville 3 bus 2, 4950 Waimes
- Names & denominations
- ELESCO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 April 1990
- Peppol
- Active · Active since 1 Dec 2025
- Activities · NACE
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