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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Tight liquidity NBB
Cash and receivables cover 15 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Elgho from Heist-op-den-Berg, company number BE0684509402, closed financial year 2025 with a result of € 184,597 after tax. For that financial year Elgho recorded a gross margin of € 302,615 and equity of € 121,520. Compared with financial year 2024, the result moved from € 147,744 to € 184,597. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.
€ 121,520
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 184,597
▲ 25% vs 2024
Profit after tax over the fiscal year.
€ 20,152
▼ 88% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 184,597 paid out
100 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 51,366
▼ 8% 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.
€ 9,193
▲ 139% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 16,215
▼ 19% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 110,924 | € 126,513 | € 267,340 | € 302,615 | ▲ 13% |
| Profit after taxes | € 55,673 | € 47,247 | € 147,744 | € 184,597 | ▲ 25% |
| Equity | € 135,455 | € 121,541 | € 121,520 | € 121,520 | |
| Total debts | € 199,737 | € 76,386 | € 171,895 | € 225,918 | ▲ 31% |
| Cash | € 3,415 | € 139,431 | € 173,505 | € 20,152 | ▼ 88% |
| Retained profit | € 116,855 | € 102,941 | € 102,920 | € 102,920 | |
| Dividend | € 190,000 | € 61,160 | € 147,765 | € 184,597 | ▲ 25% |
| Balance sheet total | € 335,191 | € 197,928 | € 293,415 | € 347,438 | ▲ 18% |
Key figures of Elgho, 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 Elgho?
What happened at Elgho in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 184,597 (▲ 25% vs 2024). Source: NBB ↗
- New establishment in Heist-op-den-Berg. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
In short
From € 55,673 profit in 2022 to € 184,597 profit in 2025.
Paid € 143,005 in corporate taxes since 2022.
Best year ever: 2025, with € 184,597 profit.
Paid out € 583,522 in dividends to the owners in total.
Management
Behind Elgho is Ellen Ghijselings.
Directors
According to the 2025 annual accounts
Ellen Ghijselings
Director
Establishments
Establishment units
Physical locations of this company
Oude Godstraat 29 A
2220 Heist-op-den-Berg
Oude Godstraat 29A
2220 Heist-op-den-Berg
Active since 1 March 2022
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- Ghijselings Ellen Esther Hermina(oprichter) 100%
Details
- Company number
- 0684.509.402
- VAT number
- BE 0684.509.402
- Registered office
- Oude Godstraat 29 A, 2220 Heist-op-den-Berg
- Names & denominations
- Elgho
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 November 2017
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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