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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Tight liquidity NBB
Cash and receivables cover 35 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
EL BAYO from Ravels, company number BE0821450933, closed financial year 2025 with a result of € 11,420 after tax. For that financial year EL BAYO recorded a gross margin of € 38,120 and equity of € 21,108. Compared with financial year 2024, the result moved from € -33,853 to € 11,420. Profitable, and profit is growing. 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 August 30, 2026.
€ 21,108
▲ 118% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,420
▲ still € 33,853 loss in 2024
Profit after tax over the fiscal year.
€ 476
▲ 3% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1,108.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 4,671
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 143,242
▼ 26% vs 2024
€ 20,153 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 692
▼ 80% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,911
▲ 49% 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 | € 25,447 | € 31,025 | € 22,976 | € 38,120 | ▲ 66% |
| Profit after taxes | € -3,262 | € -31,420 | € -33,853 | € 11,420 | ▲ € 45,273 |
| Equity | € 74,961 | € 43,541 | € 9,688 | € 21,108 | ▲ 118% |
| Total debts | € 341,287 | € 289,210 | € 224,098 | € 167,912 | ▼ 25% |
| Cash | € 464 | € 464 | € 464 | € 476 | ▲ 3% |
| Land & buildings | € 2,803 | € 2,100 | € 1,398 | € 0 | ▼ 100% |
| Retained profit | € 54,961 | € 23,541 | € -10,312 | € 1,108 | ▲ € 11,420 |
| Bank debt | € 251,534 | € 222,609 | € 194,524 | € 143,242 | ▼ 26% |
| Balance sheet total | € 416,248 | € 332,751 | € 233,786 | € 189,020 | ▼ 19% |
Key figures of EL BAYO, 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 BAYO?
What happened at EL BAYO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 11,420. filed late Source: NBB ↗
- Willy Beuls became a director. NBB
- New establishment in Ravels. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,262 loss in 2022 to € 11,420 profit in 2025.
Paid € 15 in corporate taxes since 2022.
Best year ever: 2025, with € 11,420 profit.
Management
Behind EL BAYO is Willy Beuls. Willy Beuls is also behind SOFTWARE and CONSULTANCY, WILRIS and YOMAX.
Directors
According to the 2025 annual accounts
since 2025
Establishments
Establishment units
Physical locations of this company
Koning Albertstraat 146
2381 Ravels
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0821.450.933
- VAT number
- BE 0821.450.933
- Registered office
- Koning Albertstraat 146, 2381 Ravels
- Names & denominations
- EL BAYO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 December 2009
- Peppol
- Active · Active since 3 Dec 2025
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