Financials
Financial year 2025
Worth noting
- More debts than assets in the latest financial year.
- A loss two years in a row.
- Little cash and receivables against the short-term debts.
Revenue
€ 26.8 million
▲ 13% vs 2024
Profit
Caution€ -3 million
▲ 48% vs 2024
Debts
High€ 55.9 million
▲ 12% vs 2024
ELGI COMPRESSORS EUROPE from Waterloo, company number BE0719813046, closed financial year 2025 with a result of € -3 million after tax. For that financial year ELGI COMPRESSORS EUROPE recorded revenue of € 26.8 million and equity of € -33.2 million. Compared with financial year 2024, the result moved from € -5.8 million to € -3 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 16, 2025.
What happened at ELGI COMPRESSORS EUROPE?
What happened at ELGI COMPRESSORS EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3 million. Source: NBB ↗
- Sen Indranil stepped down as director. NBB
- Jairam VARADARAJ stepped down as director. NBB
- Shyam VASUDEVAN stepped down as director. NBB
- Sen Indranil became a director. NBB
- Christopher RINGLSTETTER became a director. NBB
- Nicola PAGLIETTI became a director. NBB
- Jairam VARADARAJ became a director. NBB
In short
From € 6.9 million loss in 2022 to € 3 million loss in 2025.
Paid € 96,886 in corporate taxes since 2022.
Pays suppliers within 190 days on average.
A new publication or filing at ELGI COMPRESSORS EUROPE? We notify you, reason included.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
News about who you follow, reason included.
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Management
Behind ELGI COMPRESSORS EUROPE are Nicola PAGLIETTI and Christopher RINGLSTETTER. The shares are held by ELGI EQUIPMENTS LIMITED (100%). It owns 100% of ELGI COMPRESSORS FRANCE, 100% of ELGI COMPRESSORS SOUTHERN EUROPE, 100% of ELGI COMPRESSORS IBERIA S.L., 100% of ELGI COMPRESSORS NORDICS AB, 100% of ELGI COMPRESSORS EASTERN EUROPE SPÓŁKA Z OGRANICZONA ODPOWIEDZIALNOSCIA and 100% of ELGI COMPRESSORS UK AND IRELAND LIMITED itself.
Directors
According to the 2025 annual accounts
Nicola PAGLIETTI
Director
since 2019
since 2019
Sen Indranil
Director
since 2024 · until 2024
Jairam VARADARAJ
Director
since 2019 · until 2024
Shyam VASUDEVAN
Director
since 2019 · until 2024
Shareholders
ELGI EQUIPMENTS LIMITED
100%
Participations
ELGI COMPRESSORS SOUTHERN EUROPE
100%
ELGI COMPRESSORS IBERIA S.L.
100%
ELGI COMPRESSORS NORDICS AB
100%
ELGI COMPRESSORS UK AND IRELAND LIMITED
100%
Establishments
Establishment units
Physical locations of this company
Drève Richelle 167
1410 Waterloo
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
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Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Self-hosted
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
DNS
Cloudflare DNS
Domain
Domain
elgi.com
Registered
1997-06-10
Registrar
Network Solutions, LLC
Expires
2030-06-09
Website info
Features
Security
Network
Details
- Company number
- 0719.813.046
- VAT number
- BE 0719.813.046
- Registered office
- Drève Richelle 167, 1410 Waterloo
- Names & denominations
- ELGI COMPRESSORS EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 February 2019
- Peppol
- Active · Active since 17 Dec 2025
- Contact
- elgi.com +9118004253544
- Activities · NACE
Groothandel in pompen en compressoren
Groothandel in gereedschapswerktuigen