Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 6.2 to 0.3.
-
Legal situation KBO
Vrijwillige ontbinding – vereffening according to the CBE.
Financials
Financial year 2025
El Nino Development from Sint-Gillis-Waas, company number BE0473084737, closed financial year 2025 with a result of € 563,617 after tax. For that financial year El Nino Development recorded a gross margin of € 796,018 and equity of € 4.9 million. Compared with financial year 2024, the result moved from € 2.2 million to € 563,617. 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 October 13, 2026.
€ 4.9 million
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 563,617
▼ 74% vs 2024
Profit after tax over the fiscal year.
€ 1 million
▼ 51% 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 € 4.9 million.
People and assets in 2025
0.3
▼ 3.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 30,201
▼ 90% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 826
▼ 97% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 189,924
▼ 24% 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 | € 1,236,760 | € 1,281,757 | € 3,649,801 | € 796,018 | ▼ 78% |
| Profit after taxes | € 403,370 | € 422,866 | € 2,200,433 | € 563,617 | ▼ 74% |
| Equity | € 1,756,125 | € 2,178,991 | € 4,379,424 | € 4,943,041 | ▲ 13% |
| Total debts | € 359,019 | € 318,151 | € 278,181 | € 193,089 | ▼ 31% |
| Cash | € 250,605 | € 726,715 | € 2,052,192 | € 1,004,088 | ▼ 51% |
| Land & buildings | € 401,351 | € 383,580 | € 242,883 | € 0 | ▼ 100% |
| Retained profit | € 1,694,125 | € 2,116,991 | € 4,317,424 | € 4,881,041 | ▲ 13% |
| Dividend | € 257,004 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 2,115,144 | € 2,497,142 | € 4,657,604 | € 5,136,130 | ▲ 10% |
| Employees (FTE) | 6.6 | 6.2 | 3.6 | 0.3 | ▼ 3.3 |
Key figures of El Nino Development, 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 El Nino Development?
What happened at El Nino Development in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
El Nino Development is active according to the CBE. Legal situation: Vrijwillige ontbinding – vereffening.
- New annual accounts for financial year 2025: profit of € 563,617 (▼ 74% vs 2024). filed late Source: NBB ↗
- New establishment in Sint-Gillis-Waas. KBO
- John De Kind became a director. NBB
- New establishment in Stekene. KBO
- New establishment in Sint-Gillis-Waas. KBO
- Start of the company according to the CBE. KBO
In short
From € 403,370 profit in 2022 to € 563,617 profit in 2025.
Paid € 1.6 million in corporate taxes since 2022.
Best year ever: 2024, with € 2.2 million profit.
On average € 1 million of value added per employee in 2024.
Management
Behind El Nino Development is John De Kind. John De Kind is also behind DEN DIJK.
Directors
According to the 2025 annual accounts
since 2014
Establishments
Establishment units
Physical locations of this company
Kerkstraat(SGW) 48
9170 Sint-Gillis-Waas
De Stropersstraat(KEM) 29
9190 Stekene
Active since 18 December 2013
Klingedijkstraat(SGW) 106
9170 Sint-Gillis-Waas
Active since 17 March 2023
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0473.084.737
- VAT number
- BE 0473.084.737
- Registered office
- Kerkstraat(SGW) 48, 9170 Sint-Gillis-Waas
- Names & denominations
- El Nino Development
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Vrijwillige ontbinding – vereffening
- Start date
- 19 October 2000
- Peppol
- Active · Active since 20 Nov 2025
- Activities · NACE
Groothandel in andere machines en werktuigen, neg
Groothandel in andere machines en werktuigen, n.e.g.