Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 42 % of short-term debt in 2025; threshold 65 %.
-
Busy address KBO
15 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
eClub Administration from Watermaal-Bosvoorde, company number BE0793802468, closed financial year 2025 with a result of € -483 after tax. For that financial year eClub Administration recorded a gross margin of € 593 and equity of € 14,952. Compared with financial year 2024, the result moved from € 4,981 to € -483. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 14,952
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -483
▼ still € 4,981 profit in 2024
Profit after tax over the fiscal year.
€ 13,297
▼ 28% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 4,952.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 8,594
▼ 46% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 970 | € 7,751 | € 593 | ▼ 92% |
| Profit after taxes | € 455 | € 4,981 | € -483 | ▼ € 5,464 |
| Equity | € 10,455 | € 15,436 | € 14,952 | ▼ 3% |
| Total debts | € 398,698 | € 58,005 | € 49,074 | ▼ 15% |
| Cash | € 368,909 | € 18,575 | € 13,297 | ▼ 28% |
| Retained profit | € 455 | € 5,436 | € 4,952 | ▼ 9% |
| Balance sheet total | € 409,153 | € 73,441 | € 64,026 | ▼ 13% |
Key figures of eClub Administration, fiscal years 2023 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 eClub Administration?
What happened at eClub Administration in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 483 (▼ € 5,464 vs 2024). filed late Source: NBB ↗
- New establishment in Watermaal-Bosvoorde. KBO
- THIBAUD ELZIERE became a director. NBB
- QUENTIN NICKMANS became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 455 profit in 2023 to € 483 loss in 2025.
Paid € 1,816 in corporate taxes since 2023.
Best year ever: 2024, with € 4,981 profit.
A new publication or filing at eClub Administration? 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
Behind eClub Administration are THIBAUD ELZIERE and QUENTIN NICKMANS. THIBAUD ELZIERE is also behind EPARTNERS, La Compagnie des Coccinelles, Hexa Fund Management, HEXA and E-TALENT. QUENTIN NICKMANS is also behind Domaine Christiaens.
Directors
According to the 2025 annual accounts
THIBAUD ELZIERE
Director
Also active at: EPARTNERS, La Compagnie des Coccinelles, Hexa Fund Management, HEXA, E-TALENT
since 2022
since 2022
Establishments
Establishment units
Physical locations of this company
Terhulpsesteenweg 150
1170 Watermaal-Bosvoorde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 15 companies are registered at this address.
All companies at this address →Etablissements Michel Chausseur et Boy Bottier
€ 132,952 gross margin · 2025
HNK2
€ 34,864 gross margin · 2025
Association Belge des Syndicats Médicaux - Bruxelles
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0793.802.468
- VAT number
- BE 0793.802.468
- Registered office
- Terhulpsesteenweg 150, 1170 Watermaal-Bosvoorde
- Names & denominations
- eClub Administration
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 November 2022
- Peppol
- Not registered
- Contact
- [email protected]
- Activities · NACE
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