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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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
Elnoro from Merelbeke-Melle, company number BE0673647281, closed financial year 2025 with a result of € -7,254 after tax. For that financial year Elnoro recorded a gross margin of € -6,669 and equity of € 7,074. Compared with financial year 2024, the result moved from € -9,709 to € -7,254. The company made a loss. The buffer shrank hard: equity is 51 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 29, 2026.
€ 7,074
▼ 51% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7,254
▲ 25 % less loss than in 2024
Profit after tax over the fiscal year.
€ 53,339
▲ 227% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -11,476.
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.
€ 76,657
Supplier invoices still open on the last day of the fiscal year.
€ 584
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 | € 7,008 | € 7,034 | € -9,371 | € -6,669 | ▲ € 2,702 |
| Profit after taxes | € 5,167 | € 4,355 | € -9,709 | € -7,254 | ▲ € 2,455 |
| Equity | € 7,331 | € 24,037 | € 14,328 | € 7,074 | ▼ 51% |
| Total debts | € 174,287 | € 82,828 | € 81,012 | € 81,596 | ▲ 1% |
| Cash | € 141,103 | € 13,832 | € 16,330 | € 53,339 | ▲ 227% |
| Retained profit | € 1,131 | € 5,487 | € -4,222 | € -11,476 | ▼ € 7,254 |
| Balance sheet total | € 181,619 | € 106,864 | € 95,340 | € 88,670 | ▼ 7% |
Key figures of Elnoro, 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 Elnoro?
What happened at Elnoro in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 7,254. Source: NBB ↗
- New establishment in Merelbeke-Melle. KBO
- Start of the company according to the CBE. KBO
- Ronald De Keukelaere became a director. NBB
In short
From € 5,167 profit in 2022 to € 7,254 loss in 2025.
Paid € 2,816 in corporate taxes since 2022.
Best year ever: 2022, with € 5,167 profit.
Management
Behind Elnoro is Ronald De Keukelaere.
Directors
According to the 2025 annual accounts
Ronald De Keukelaere
Bestuurder
since 2017
Establishments
Establishment units
Physical locations of this company
Gontrode Heirweg 146
9820 Merelbeke-Melle
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0673.647.281
- VAT number
- BE 0673.647.281
- Registered office
- Gontrode Heirweg 146, 9820 Merelbeke-Melle
- Names & denominations
- Elnoro
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 March 2017
- Peppol
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