Financials
Financial year 2025
El - Co from Nandrin, company number BE0758928097, closed financial year 2025 with a result of € 71,708 after tax. For that financial year El - Co recorded a gross margin of € 96,083 and equity of € 86,711. Compared with financial year 2024, the result moved from € 33,547 to € 71,708. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 86,711
▲ 68% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 71,708
▲ 114% vs 2024
Profit after tax over the fiscal year.
€ 10,916
▼ 38% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 36,660 paid out
51 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 515
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 11,764
▼ 61% vs 2024
Loans from banks and other lenders, long and short.
€ 4,338
▼ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 19,642
▲ 10% vs 2024
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 | € 54,326 | € 76,745 | € 46,079 | € 96,083 | ▲ 109% |
| Profit after taxes | € 8,353 | € 56,033 | € 33,547 | € 71,708 | ▲ 114% |
| Equity | € 7,083 | € 63,116 | € 51,663 | € 86,711 | ▲ 68% |
| Total debts | € 75,803 | € 57,752 | € 99,614 | € 36,803 | ▼ 63% |
| Cash | € 7,515 | € 49,249 | € 17,566 | € 10,916 | ▼ 38% |
| Retained profit | € -7,917 | € 48,116 | € 36,663 | € 71,711 | ▲ 96% |
| Dividend | € 0 | € 0 | € 45,000 | € 36,660 | ▼ 19% |
| Bank debt | € 35,827 | € 31,422 | € 30,157 | € 11,764 | ▼ 61% |
| Balance sheet total | € 82,886 | € 120,868 | € 151,277 | € 123,514 | ▼ 18% |
Key figures of El - Co, 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 El - Co?
What happened at El - Co in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 71,708 (▲ 114% vs 2024). Source: NBB ↗
- New establishment in Nandrin. KBO
- Etienne LION became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 8,353 profit in 2022 to € 71,708 profit in 2025.
Paid € 60,034 in corporate taxes since 2022.
Best year ever: 2025, with € 71,708 profit.
Paid out € 81,660 in dividends to the owners in total.
Management
Behind El - Co is Etienne LION. It owns 35.2% of OEWY itself.
Directors
According to the 2025 annual accounts
Etienne LION
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Chemin du Meunier 28
4550 Nandrin
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0758.928.097
- VAT number
- BE 0758.928.097
- Registered office
- Chemin du Meunier 28, 4550 Nandrin
- Names & denominations
- El - Co
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 December 2020
- Peppol
- Active · Active since 13 Dec 2025
- Activities · NACE
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