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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Busy address KBO
13 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Elicio Wind For Water from Oostende, company number BE0765857263, closed financial year 2025 with a result of € -343,887 after tax. For that financial year Elicio Wind For Water recorded a gross margin of € 290,936 and equity of € 536,081. Compared with financial year 2024, the result moved from € -453,454 to € -343,887. The company made a loss. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 15, 2026.
€ 536,081
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -343,887
▲ 24 % less loss than in 2024
Profit after tax over the fiscal year.
€ 90,121
▼ 22% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -763,919.
Debts at end 2025
€ 5.3 million
▼ 12% vs 2024
€ 377,623 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 19,987
▲ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,148
▼ 23% 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 | € 1,216,353 | € 877,794 | € 179,170 | € 290,936 | ▲ 62% |
| Profit after taxes | € 402,794 | € 223,281 | € -453,454 | € -343,887 | ▲ € 109,567 |
| Equity | € 920,142 | € 933,423 | € 479,969 | € 536,081 | ▲ 12% |
| Total debts | € 7,705,509 | € 6,967,542 | € 6,121,238 | € 5,604,414 | ▼ 8% |
| Cash | € 899,179 | € 158,314 | € 115,084 | € 90,121 | ▼ 22% |
| Retained profit | € 20,142 | € 33,423 | € -420,031 | € -763,919 | ▼ € 343,887 |
| Dividend | € 366,660 | € 210,000 | € 0 | € 0 | |
| Bank debt | € 6,921,442 | € 6,338,804 | € 6,018,483 | € 5,293,097 | ▼ 12% |
| Balance sheet total | € 8,631,667 | € 7,915,003 | € 6,623,265 | € 6,170,576 | ▼ 7% |
Key figures of Elicio Wind For Water, 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 Elicio Wind For Water?
What happened at Elicio Wind For Water in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Vanessa Vanleene stepped down as director. NBB
- Andries Teerlynck stepped down as director. NBB
- Ellen Deprez stepped down as director. NBB
- Elicio NV stepped down as director. NBB
- Marcus Jacobs stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 343,887. Source: NBB ↗
- Ellen Deprez became a director. NBB
- Peter Goderis stepped down as director. NBB
In short
From € 402,794 profit in 2022 to € 343,887 loss in 2025.
Best year ever: 2022, with € 402,794 profit.
Paid out € 576,660 in dividends to the owners in total.
Management
The shares are held by Elicio NV (80%) and Campina Energie c.v. (20%).
Directors
According to the 2025 annual accounts
Vanessa Vanleene
Director
Also active at: ELICIO PLUS, Elicio Plateau de Bassenge, ElNu2sea, Elicio Vents d'Ardenne, ELICIO BERLARE, Elicio Maldegem, ELICIO OFFSHORE, ELNU +5 more
since 2024 · until 2027
Andries Teerlynck
Director
Also active at: TEDEKOR, ELICIO PLUS, Elicio Plateau de Bassenge, Elicio SLH, ELICIO BERLARE, Elicio Maldegem, Elicio WP, YANTE +3 more
since 2021 · until 2027
since 2025 · until 2027
Director · represented by Peter Gorderis (vanaf 01/04/2025), Alain Janssens (tot 31/03/2025)
Also active at: ELICIO PLUS, Elicio Plateau de Bassenge, Elicio Vents d'Ardenne, Elicio SLH, ELICIO BERLARE, Elicio Maldegem, ELICIO OFFSHORE, ELNU +5 more
since 2021 · until 2027
since 2022 · until 2027
Peter Goderis
Director
Also active at: ELICIO PLUS, SeaMade, PE, NOVEN, OTARY BIS, NORTH SEA WAVE, Elicio Plateau de Bassenge, ElNu2sea +12 more
since 2021 · until 2025
Shareholders
80%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
John Cordierlaan 9
8400 Oostende
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.
All companies at this address →ELICIO PLUS same network
€ 231,369 gross margin · 2025
ELICIO same network
€ 5.4 million revenue · 2025
Elicio Plateau de Bassenge same network
€ 4.1 million gross margin · 2025
ElNu2sea same network
Elicio SLH same network
€ 771,229 gross margin · 2025
+8 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
- 0765.857.263
- VAT number
- BE 0765.857.263
- Registered office
- John Cordierlaan 9, 8400 Oostende
- Names & denominations
- Elicio Wind For Water
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 March 2021
- Peppol
- Active · Active since 9 Dec 2025
- Activities · NACE
Productie van elektriciteit uit niet-hernieuwbare bronnen
Handel in elektriciteit
Transmissie van elektriciteit