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.
Financials
Financial year 2025
E.L. Projects from Merksplas, company number BE0478828127, closed financial year 2025 with a result of € 3,011 after tax. For that financial year E.L. Projects recorded a gross margin of € 5,530 and equity of € -2,260. Compared with financial year 2024, the result moved from € -446 to € 3,011. 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 September 8, 2026.
€ -2,260
▲ € 3,011 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,011
▲ still € 446 loss in 2024
Profit after tax over the fiscal year.
€ 3,583
▲ € 3,512 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 € -9,260.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 6,298
▲ 155% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -797 | € 1,864 | € -382 | € 5,530 | ▲ € 5,912 |
| Profit after taxes | € -858 | € 1,708 | € -446 | € 3,011 | ▲ € 3,457 |
| Equity | € -6,533 | € -4,825 | € -5,271 | € -2,260 | ▲ € 3,011 |
| Total debts | € 6,693 | € 10,837 | € 9,792 | € 15,407 | ▲ 57% |
| Cash | € 40 | € 12 | € 71 | € 3,583 | ▲ € 3,512 |
| Retained profit | € -13,533 | € -11,825 | € -12,271 | € -9,260 | ▲ € 3,011 |
| Balance sheet total | € 160 | € 6,012 | € 4,521 | € 13,147 | ▲ 191% |
Key figures of E.L. Projects, 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 E.L. Projects?
What happened at E.L. Projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3,011. filed late Source: NBB ↗
- New establishment in Merksplas. KBO
- Start of the company according to the CBE. KBO
In short
From € 858 loss in 2022 to € 3,011 profit in 2025.
Paid € 456 in corporate taxes since 2022.
Best year ever: 2025, with € 3,011 profit.
Management
Behind E.L. Projects is Eddy Lommelen. Eddy Lommelen is also behind EDDY LOMMELEN.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Pannenhuisstraat 18
2330 Merksplas
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0478.828.127
- VAT number
- BE 0478.828.127
- Registered office
- Pannenhuisstraat 18, 2330 Merksplas
- Names & denominations
- E.L. Projects
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 November 2002
- Peppol
- Active · Active since 16 Jul 2026
- Activities · NACE
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