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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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 SLH from Oostende, company number BE0807239047, closed financial year 2025 with a result of € -95,040 after tax. For that financial year Elicio SLH recorded a gross margin of € 771,229 and equity of € -63,425. Compared with financial year 2024, the result moved from € -255,609 to € -95,040. 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 16, 2026.
€ -63,425
▼ € 100,617 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -95,040
▲ 63 % less loss than in 2024
Profit after tax over the fiscal year.
€ 381,782
▲ 76% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -209,566.
People and assets in 2025
€ 1.1 million
▼ 40% vs 2024
Of which on lease € 1.1 million.
Debts at end 2025
€ 2 million
▼ 13% vs 2024
€ 375,015 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 48,307
▲ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 48,195
▲ € 36,856 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 | € 2,059,697 | € 1,356,822 | € 615,181 | € 771,229 | ▲ 25% |
| Profit after taxes | € 865,779 | € 350,122 | € -255,609 | € -95,040 | ▲ € 160,569 |
| Equity | € 303,833 | € 298,378 | € 37,192 | € -63,425 | ▼ € 100,617 |
| Total debts | € 4,768,458 | € 3,215,536 | € 2,370,573 | € 2,113,869 | ▼ 11% |
| Cash | € 1,085,259 | € 114,243 | € 216,807 | € 381,782 | ▲ 76% |
| Retained profit | € 140,960 | € 141,083 | € -114,526 | € -209,566 | ▼ € 95,040 |
| Dividend | € 1,055,000 | € 350,000 | € 0 | € 0 | |
| Bank debt | € 3,650,379 | € 2,811,507 | € 2,318,450 | € 2,014,045 | ▼ 13% |
| Balance sheet total | € 5,170,948 | € 3,622,993 | € 2,527,265 | € 2,180,366 | ▼ 14% |
Key figures of Elicio SLH, 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 SLH?
What happened at Elicio SLH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Andries Teerlynck stepped down as director. NBB
- Ellen Deprez stepped down as director. NBB
- Elicio NV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 95,040. Source: NBB ↗
- Andries Teerlynck became a director. NBB
- Ellen Deprez became a director. NBB
- Elicio NV became a director. NBB
- New establishment in Oostende. KBO
In short
From € 865,779 profit in 2022 to € 95,040 loss in 2025.
Paid € 402,806 in corporate taxes since 2022.
Best year ever: 2022, with € 865,779 profit.
Paid out € 1.4 million in dividends to the owners in total.
Management
The shares are held by Elicio NV (100%).
Directors
According to the 2025 annual accounts
Andries Teerlynck
Director
Also active at: TEDEKOR, ELICIO PLUS, Elicio Plateau de Bassenge, Elicio Wind For Water, ELICIO BERLARE, Elicio Maldegem, Elicio WP, YANTE +3 more
since 2019 · until 2030
since 2019 · until 2030
Director · represented by Alain Janssens (tot 31/03/2025), Peter Goderis (vanaf 01/04/2025)
Also active at: ELICIO PLUS, Elicio Plateau de Bassenge, Elicio Wind For Water, Elicio Vents d'Ardenne, ELICIO BERLARE, Elicio Maldegem, ELICIO OFFSHORE, ELNU +5 more
since 2018 · until 2030
Shareholders
100%
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
Elicio Wind For Water same network
€ 290,936 gross margin · 2025
ElNu2sea
+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
- 0807.239.047
- VAT number
- BE 0807.239.047
- Registered office
- John Cordierlaan 9, 8400 Oostende
- Names & denominations
- Elicio SLH
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 October 2008
- Peppol
- Active · Active since 9 Dec 2025
- Contact
- [email protected]
- Activities · NACE
Productie van elektriciteit uit niet-hernieuwbare bronnen
Handel in elektriciteit
Transmissie van elektriciteit
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