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.
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Tight liquidity NBB
Cash and receivables cover 13 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ELLU Invest from Herentals, company number BE0697904508, closed financial year 2025 with a result of € -64,980 after tax. For that financial year ELLU Invest recorded a gross margin of € -22,557 and equity of € 19,160. Compared with financial year 2024, the result moved from € -70,979 to € -64,980. The company made a loss. The buffer shrank hard: equity is 77 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 15, 2026.
€ 19,160
▼ 77% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -64,980
▲ 8 % less loss than in 2024
Profit after tax over the fiscal year.
€ 23,961
▲ 12% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 560.
People and assets in 2025
€ 9,156
▲ 118% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 316,057
▼ 12% vs 2024
€ 43,741 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 89
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 | € -10,583 | € -43,260 | € -33,931 | € -22,557 | ▲ € 11,374 |
| Profit after taxes | € -23,483 | € -63,550 | € -70,979 | € -64,980 | ▲ € 5,999 |
| Equity | € 218,669 | € 155,119 | € 84,140 | € 19,160 | ▼ 77% |
| Total debts | € 587,967 | € 444,279 | € 496,433 | € 511,693 | ▲ 3% |
| Cash | € 61,424 | € 34,990 | € 21,406 | € 23,961 | ▲ 12% |
| Land & buildings | € 266,914 | € 487,361 | € 503,370 | € 484,070 | ▼ 4% |
| Retained profit | € 200,069 | € 136,519 | € 65,540 | € 560 | ▼ 99% |
| Bank debt | € 166,007 | € 403,588 | € 358,665 | € 316,057 | ▼ 12% |
| Balance sheet total | € 806,636 | € 599,398 | € 580,573 | € 530,853 | ▼ 9% |
Key figures of ELLU Invest, 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 ELLU Invest?
What happened at ELLU Invest in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 64,980. filed late Source: NBB ↗
- New establishment in Herentals. KBO
- Start of the company according to the CBE. KBO
In short
From € 23,483 loss in 2022 to € 64,980 loss in 2025.
Paid € 6,448 in corporate taxes since 2022.
Management
Behind ELLU Invest are Els Daems and Luc Croonen.
Directors
According to the 2025 annual accounts
Els Daems
Director
Luc Croonen
Director
Establishments
Establishment units
Physical locations of this company
Kruineikenplein(HRT) 45
2200 Herentals
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
- 0697.904.508
- VAT number
- BE 0697.904.508
- Registered office
- Kruineikenplein(HRT) 45, 2200 Herentals
- Names & denominations
- ELLU Invest
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 June 2018
- Peppol
- Active · Active since 17 Oct 2025
- Activities · NACE
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