Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 61 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
EL-WAY from Niel, company number BE0549935857, closed financial year 2024 with a result of € -19,795 after tax. For that financial year EL-WAY recorded a gross margin of € -2,761 and equity of € 20,480. Compared with financial year 2023, the result moved from € 1,592 to € -19,795. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 26, 2025.
€ 20,480
▼ 49% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -19,795
▼ still € 1,592 profit in 2023
Profit after tax over the fiscal year.
€ 1,140
▼ 75% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1,880.
People and assets in 2024
€ 41,683
▼ 23% vs 2023
Of which on lease € 40,885.
Debts at end 2024
€ 29,243
▼ 20% vs 2023
€ 7,513 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 25,693
▲ 26% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 22,121
▲ 24% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 55,316 | € 13,716 | € 15,977 | € -2,761 | ▼ € 18,738 |
| Profit after taxes | € 5,284 | € 243 | € 1,592 | € -19,795 | ▼ € 21,387 |
| Equity | € 38,440 | € 38,683 | € 40,275 | € 20,480 | ▼ 49% |
| Total debts | € 136,646 | € 54,773 | € 113,339 | € 113,581 | |
| Cash | € 57,399 | € 6,911 | € 4,481 | € 1,140 | ▼ 75% |
| Retained profit | € 19,840 | € 20,083 | € 21,675 | € 1,880 | ▼ 91% |
| Bank debt | € 0 | € 0 | € 36,505 | € 29,243 | ▼ 20% |
| Balance sheet total | € 175,087 | € 93,456 | € 153,613 | € 134,061 | ▼ 13% |
Key figures of EL-WAY, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to EL-WAY?
What happened at EL-WAY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 19,795 (▼ € 21,387 vs 2023). filed late Source: NBB ↗
- New establishment in Niel. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,284 profit in 2021 to € 19,795 loss in 2024.
Paid € 6,838 in corporate taxes since 2021.
Best year ever: 2021, with € 5,284 profit.
Establishments
Establishment units
Physical locations of this company
Matenstraat 191 box B
2845 Niel
Matenstraat 191B
2845 Niel
Active since 1 April 2014
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0549.935.857
- VAT number
- BE 0549.935.857
- Registered office
- Matenstraat 191 bus B, 2845 Niel
- Names & denominations
- EL-WAY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 April 2014
- Peppol
- Active · Active since 2 Jan 2026
- Activities · NACE
Groothandel in motorfietsen, delen en toebehoren van motorfietsen
Handelsbemiddeling en groothandel in motorfietsen en delen en toebehoren van motorfietsen
Algemene bouw van residentiële gebouwen
Schrijnwerk
Algemene elektrotechnische installatiewerken
Detailhandel in motorrijwielen, delen en toebehoren van motorrijwielen
Sanitaire werkzaamheden
Detailhandel in en onderhoud en reparatie van motorfietsen en delen en toebehoren van motorfietsen