Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 55 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Elcoo from Houthalen-Helchteren, company number BE0760609761, closed financial year 2025 with a result of € -18,716 after tax. For that financial year Elcoo recorded a gross margin of € 149,374 and equity of € -3,028. Compared with financial year 2024, the result moved from € 8,797 to € -18,716. 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 June 13, 2026.
€ -3,028
▼ € 18,716 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -18,716
▼ still € 8,797 profit in 2024
Profit after tax over the fiscal year.
€ 22,900
▲ 15% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -15,028.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 139,571
▼ 24% 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.
€ 53,093
▼ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 44,090
▼ 20% vs 2024
€ 11,956 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 55,427
▼ 32% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,272
▼ 58% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 110,214 | € 116,672 | € 220,906 | € 149,374 | ▼ 32% |
| Profit after taxes | € -1,473 | € -33,489 | € 8,797 | € -18,716 | ▼ € 27,513 |
| Equity | € 40,380 | € 6,891 | € 15,688 | € -3,028 | ▼ € 18,716 |
| Total debts | € 137,977 | € 207,729 | € 241,030 | € 182,843 | ▼ 24% |
| Cash | € 6,061 | € 23,611 | € 19,930 | € 22,900 | ▲ 15% |
| Land & buildings | € 542 | € 512 | € 482 | € 452 | ▼ 6% |
| Retained profit | € 28,380 | € -5,109 | € 3,688 | € -15,028 | ▼ € 18,716 |
| Bank debt | € 0 | € 65,606 | € 55,430 | € 44,090 | ▼ 20% |
| Balance sheet total | € 178,357 | € 214,620 | € 256,718 | € 179,815 | ▼ 30% |
Key figures of Elcoo, 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 Elcoo?
What happened at Elcoo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 18,716 (▼ € 27,513 vs 2024). Source: NBB ↗
- New establishment in Houthalen-Helchteren. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,473 loss in 2022 to € 18,716 loss in 2025.
Paid € 13,250 in corporate taxes since 2022.
Best year ever: 2024, with € 8,797 profit.
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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
Directors
According to the 2025 annual accounts
Erwin Coolen
Director
Establishments
Establishment units
Physical locations of this company
Grote Baan 45
3530 Houthalen-Helchteren
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0760.609.761
- VAT number
- BE 0760.609.761
- Registered office
- Grote Baan 45, 3530 Houthalen-Helchteren
- Names & denominations
- Elcoo
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 December 2020
- Peppol
- Active · Active since 27 Mar 2025
- Activities · NACE
Algemene elektrotechnische installatiewerken
Schrijnwerk
Detailhandel in overige bouwmaterialen, neg