What does ELLECON do?

ELLECON is filed with the CBE under the catch-all “Overige zakelijke dienstverlening”, a code that says little about what the company actually does. Private Limited, started on 14 December 2012, 3 establishments.

What is the address of ELLECON?

The registered office of ELLECON is located at Groenhove(Wak) 18, 8720 Dentergem.

Is ELLECON still active?

Yes. According to the CBE (29 October 2026) ELLECON is active, legal situation “Normale toestand”, started on 14 December 2012.

Is ELLECON registered on Peppol?

Yes, ELLECON is registered on the Peppol network with ID 0208:0508440940.

What is the enterprise number of ELLECON?

The enterprise number of ELLECON is BE0508440940.

When was ELLECON founded?

ELLECON was founded on 14 December 2012.

Who are the directors of ELLECON?

According to the 2025 annual accounts, the directors of ELLECON are: Mathias Gunst, Paul Van Nieuwenhuyse, Elien Van Nieuwenhuyse.

Is ELLECON a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 14 December 2012; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account; 3 establishments in the CBE.

How much profit did ELLECON make in 2025?

ELLECON posted a profit after taxes of € 35,094 in financial year 2025.

What is the revenue of ELLECON?

As a small company, ELLECON is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 71,219.

ELLECON (Private Limited) - Dentergem - BE0508440940

Dossier ELLECON, printed on 29 October 2026 from databakkes.be/en/0508440940/ellecon. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

ELLECON from Dentergem, company number BE0508440940, closed financial year 2025 with a result of € 35,094 after tax. For that financial year ELLECON recorded a gross margin of € 71,219 and equity of € 123,126. Compared with financial year 2024, the result moved from € 26,845 to € 35,094. Profitable, and profit is growing. 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 April 2, 2026.

What it is worth Growing

€ 123,126

▲ 15% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 35,094

▲ 31% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 4,102

▼ 47% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 18,892 paid out

54 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Wage cost

€ 5,230

▲ € 4,647 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.

Vehicles and equipment

€ 35,960

▲ € 32,685 vs 2024

Of which on lease € 33,833.

Debts at end 2025

Bank debt ≈ 4 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 115,742

▲ 256% vs 2024

€ 30,837 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 10,068

▼ 16% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 16,019

▲ 18% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 47,189 Gross margin 2022: € 47,189 First fiscal year in the series	€ 49,220 Gross margin 2023: € 49,220 ▲ 4% vs 2022 (€ 47,189) Favourable step	€ 49,972 Gross margin 2024: € 49,972 ▲ 2% vs 2023 (€ 49,220) Favourable step	€ 71,219 Gross margin 2025: € 71,219 ▲ 43% vs 2024 (€ 49,972) Favourable step	▲ 43%
Profit after taxes	€ 31,618 Profit after taxes 2022: € 31,618 First fiscal year in the series	€ 34,783 Profit after taxes 2023: € 34,783 ▲ 10% vs 2022 (€ 31,618) Favourable step	€ 26,845 Profit after taxes 2024: € 26,845 ▼ 23% vs 2023 (€ 34,783) Unfavourable step	€ 35,094 Profit after taxes 2025: € 35,094 ▲ 31% vs 2024 (€ 26,845) Favourable step	▲ 31%
Equity	€ 125,281 Equity 2022: € 125,281 First fiscal year in the series	€ 80,079 Equity 2023: € 80,079 ▼ 36% vs 2022 (€ 125,281) Unfavourable step	€ 106,924 Equity 2024: € 106,924 ▲ 34% vs 2023 (€ 80,079) Favourable step	€ 123,126 Equity 2025: € 123,126 ▲ 15% vs 2024 (€ 106,924) Favourable step	▲ 15%
Total debts	€ 70,426 Total debts 2022: € 70,426 First fiscal year in the series	€ 77,787 Total debts 2023: € 77,787 ▲ 10% vs 2022 (€ 70,426) Unfavourable step	€ 86,479 Total debts 2024: € 86,479 ▲ 11% vs 2023 (€ 77,787) Unfavourable step	€ 159,567 Total debts 2025: € 159,567 ▲ 85% vs 2024 (€ 86,479) Unfavourable step	▲ 85%
Cash	€ 6,334 Cash 2022: € 6,334 First fiscal year in the series	€ 1,036 Cash 2023: € 1,036 ▼ 84% vs 2022 (€ 6,334) Unfavourable step	€ 7,788 Cash 2024: € 7,788 ▲ € 6,752 vs 2023 (€ 1,036) Favourable step	€ 4,102 Cash 2025: € 4,102 ▼ 47% vs 2024 (€ 7,788) Unfavourable step	▼ 47%
Land & buildings	-	-	-	€ 55,843 Land & buildings 2025: € 55,843 First fiscal year in the series
Retained profit	€ 119,081 Retained profit 2022: € 119,081 First fiscal year in the series	€ 73,879 Retained profit 2023: € 73,879 ▼ 38% vs 2022 (€ 119,081) Unfavourable step	€ 100,724 Retained profit 2024: € 100,724 ▲ 36% vs 2023 (€ 73,879) Favourable step	€ 116,926 Retained profit 2025: € 116,926 ▲ 16% vs 2024 (€ 100,724) Favourable step	▲ 16%
Dividend	€ 34,000 Dividend 2022: € 34,000 First fiscal year in the series	€ 79,985 Dividend 2023: € 79,985 ▲ 135% vs 2022 (€ 34,000) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 79,985) Unchanged	€ 18,892 Dividend 2025: € 18,892 Unchanged (€ 0) Unchanged
Bank debt	€ 17,100 Bank debt 2022: € 17,100 First fiscal year in the series	€ 0 Bank debt 2023: € 0 ▼ 100% vs 2022 (€ 17,100) Favourable step	€ 32,518 Bank debt 2024: € 32,518 Unchanged (€ 0) Unfavourable step	€ 115,742 Bank debt 2025: € 115,742 ▲ 256% vs 2024 (€ 32,518) Unfavourable step	▲ 256%
Balance sheet total	€ 195,707 Balance sheet total 2022: € 195,707 First fiscal year in the series	€ 157,866 Balance sheet total 2023: € 157,866 ▼ 19% vs 2022 (€ 195,707) Unchanged	€ 193,403 Balance sheet total 2024: € 193,403 ▲ 23% vs 2023 (€ 157,866) Unchanged	€ 282,693 Balance sheet total 2025: € 282,693 ▲ 46% vs 2024 (€ 193,403) Unchanged	▲ 46%

Key figures of ELLECON, 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 ELLECON?

What happened at ELLECON in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Apr 2, 2026 New annual accounts for financial year 2025: profit of € 35,094 (▲ 31% vs 2024). Source: NBB ↗
Jun 1, 2024 New establishment in Dentergem. KBO
Jun 1, 2024 New establishment in Dentergem. KBO
2018 Mathias Gunst became a director. NBB
2014 Paul Van Nieuwenhuyse became a director. NBB
Dec 14, 2012 New establishment in Dentergem. KBO
Dec 14, 2012 Start of the company according to the CBE. KBO
2012 Elien Van Nieuwenhuyse became a director. NBB

In short

From € 31,618 profit in 2022 to € 35,094 profit in 2025.

Paid € 47,524 in corporate taxes since 2022.

Best year ever: 2025, with € 35,094 profit.

Paid out € 132,877 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Mathias Gunst

Paul Van Nieuwenhuyse

Elien Van Nieuwenhuyse

ELLECON

Solar Asset Management 50%

Behind ELLECON are Mathias Gunst, Paul Van Nieuwenhuyse and Elien Van Nieuwenhuyse. It owns 50% of Solar Asset Management itself.

Directors

According to the 2025 annual accounts

Mathias Gunst

Director

since 2018

Paul Van Nieuwenhuyse

Director

Also active at: SOLAR ASSET MANAGEMENT, VANICON

since 2014

Elien Van Nieuwenhuyse

Director

Also active at: FIEVA, Greenfrun

since 2012

Establishments

Establishment units

Physical locations of this company

Registered office

Groenhove(Wak) 18

8720 Dentergem

2.362.410.848

Wapenplaats(Wak) 2

8720 Dentergem

Active since 1 June 2024

2.367.026.959

Hugo Verrieststraat(Wak) 20 box Poort 2

8720 Dentergem

Active since 1 June 2024

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

FIEVA same network

€ 5.4 million revenue · 2025

Obton Chimay

€ 795 gross margin · 2021

Obton Solenergi Chimay

€ 11,577 gross margin · 2021

Suncop 3

€ 412,476 gross margin · 2021

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0508.440.940
VAT number: BE 0508.440.940
Registered office: Groenhove(Wak) 18, 8720 Dentergem
Names & denominations: ELLECON
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 14 December 2012
Peppol: Active · Active since 17 Jul 2025
Activities · NACE: Overige zakelijke dienstverlening, neg

View on CBE Public ↗ Annual accounts (NBB) ↗

ELLECON

Financials

What happened to ELLECON?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions