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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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 28 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
100 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ELAWAN ENERGY SALAZINE from Namur, company number BE0720944976, closed financial year 2025 with a result of € -951,793 after tax. For that financial year ELAWAN ENERGY SALAZINE recorded revenue of € 2 million and equity of € -272,762. Compared with financial year 2024, the result moved from € 566,187 to € -951,793. 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 July 14, 2026.
€ -272,762
▼ € 951,793 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -951,793
▼ still € 566,187 profit in 2024
Profit after tax over the fiscal year.
€ 2 million
▲ 28% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -334,262.
Debts at end 2025
€ 12.3 million
▼ 9% vs 2024
€ 1.2 million is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 116,674
▲ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 100,372
▼ 21% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 3,569,868 | € 6,283,024 | € 3,823,638 | € 1,997,267 | ▼ 48% |
| Gross margin | - | € 5,585,941 | € 3,164,990 | € 1,451,298 | ▼ 54% |
| Profit after taxes | € 685,333 | € 2,425,977 | € 566,187 | € -951,793 | ▼ € 1.5 million |
| Equity | € 1,242,640 | € 2,493,627 | € 679,032 | € -272,762 | ▼ € 951,793 |
| Total debts | € 24,263,799 | € 22,101,154 | € 20,831,583 | € 19,997,515 | ▼ 4% |
| Cash | € 2,482,254 | € 3,085,799 | € 1,541,982 | € 1,976,223 | ▲ 28% |
| Retained profit | € 1,181,140 | € 2,432,127 | € 617,532 | € -334,262 | ▼ € 951,793 |
| Dividend | € 0 | € 1,174,990 | € 2,380,783 | € 0 | ▼ 100% |
| Bank debt | € 16,022,674 | € 14,788,341 | € 13,569,782 | € 12,345,394 | ▼ 9% |
| Balance sheet total | € 25,957,439 | € 25,057,056 | € 21,632,446 | € 19,937,751 | ▼ 8% |
Key figures of ELAWAN ENERGY SALAZINE, 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 ELAWAN ENERGY SALAZINE?
What happened at ELAWAN ENERGY SALAZINE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Benoit Henriet stepped down as director. NBB
- Davide Franci stepped down as director. NBB
- Dionisio Fernandez Auray stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 951,793 (▼ € 1.5 million vs 2024). Source: NBB ↗
- Benoit Henriet became a director. NBB
- Davide Franci became a director. NBB
- Dionisio Fernandez Auray became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 685,333 profit in 2022 to € 951,793 loss in 2025.
Paid € 483,692 in corporate taxes since 2022.
Best year ever: 2023, with € 2.4 million profit.
Paid out € 3.6 million in dividends to the owners in total.
A new publication or filing at ELAWAN ENERGY SALAZINE? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by ELAWAN ENERGY SL (99%) and ELAWAN ENERGY DEVELOPMENTS 3 SL (1%).
Directors
According to the 2025 annual accounts
Benoit Henriet
Director
Also active at: ELAWAN ENERGY FELUY, ELAWAN ENERGY BEAUMONT, ELAWAN ENERGY HANNUT, NEW WIND, ELAWAN ENERGY WALLONIE
since 2024 · until 2029
since 2024 · until 2029
Dionisio Fernandez Auray
Managing director
Also active at: ELAWAN ENERGY MERBES, ELAWAN ENERGY GLABAIS
since 2024 · until 2029
Shareholders
ELAWAN ENERGY SL
99%
ELAWAN ENERGY DEVELOPMENTS 3 SL
1%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Avenue des Dessus de Lives(LO) 2
5101 Namur
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 100 companies are registered at this address.
All companies at this address →GEMECA CONSTRUCTION
€ 94,806 gross margin · 2024
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€ 49,971 gross margin · 2024
SOJADE
€ -16,470 gross margin · 2025
FRANLOUISE
€ 53,349 gross margin · 2024
INTERACTIVE ADVERTISING & MARKETING BUREAU
€ 283,694 gross margin · 2025
+95 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0720.944.976
- VAT number
- BE 0720.944.976
- Registered office
- Avenue des Dessus de Lives(LO) 2, 5101 Namur
- Names & denominations
- ELAWAN ENERGY SALAZINE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 February 2019
- Peppol
- Active · Active since 15 Jan 2026
- Activities · NACE
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Ontwikkeling van niet-residentiële bouwprojecten
Overige activiteiten van vrije beroepen en andere wetenschappelijke en technische activiteiten, neg
Overige gespecialiseerde wetenschappelijke en technische activiteiten