Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 5.1 to 4.
Financials
Financial year 2025
ELCUBI from Lommel, company number BE0824612044, closed financial year 2025 with a result of € 81,097 after tax. For that financial year ELCUBI recorded a gross margin of € 439,846 and equity of € 918,287. Compared with financial year 2024, the result moved from € 137,378 to € 81,097. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.
€ 918,287
▼ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 81,097
▼ 41% vs 2024
Profit after tax over the fiscal year.
€ 365,746
▼ 35% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 225,852 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
4
▼ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 279,678
▲ 1% vs 2024
€ 69,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 95,660
▼ 7% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 209,352
▼ 8% vs 2024
€ 37,530 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 18,430
▼ 63% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 52,521
▲ 48% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 420,693 | € 677,430 | € 521,850 | € 439,846 | ▼ 16% |
| Profit after taxes | € 92,404 | € 199,980 | € 137,378 | € 81,097 | ▼ 41% |
| Equity | € 914,971 | € 1,066,920 | € 1,063,042 | € 918,287 | ▼ 14% |
| Total debts | € 227,756 | € 500,292 | € 488,474 | € 507,481 | ▲ 4% |
| Cash | € 211,345 | € 292,161 | € 561,408 | € 365,746 | ▼ 35% |
| Land & buildings | - | € 196,240 | € 196,240 | € 196,240 | |
| Retained profit | € 908,771 | € 1,060,720 | € 1,056,842 | € 912,087 | ▼ 14% |
| Dividend | € 0 | € 48,031 | € 141,255 | € 225,852 | ▲ 60% |
| Bank debt | € 118,330 | € 268,643 | € 226,340 | € 209,352 | ▼ 8% |
| Balance sheet total | € 1,149,127 | € 1,571,912 | € 1,554,916 | € 1,429,968 | ▼ 8% |
| Employees (FTE) | 3.9 | 5.1 | 4.3 | 4 | ▼ 0.3 |
Key figures of ELCUBI, 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 ELCUBI?
What happened at ELCUBI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 81,097 (▼ 41% vs 2024). Source: NBB ↗
- New establishment in Lommel. KBO
- Start of the company according to the CBE. KBO
In short
From € 92,404 profit in 2022 to € 81,097 profit in 2025.
Paid € 216,994 in corporate taxes since 2022.
Best year ever: 2023, with € 199,980 profit.
On average € 110,000 of value added per employee in 2025.
A new publication or filing at ELCUBI? 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 ELCUBI is Martijn Cuyvers. Martijn Cuyvers is also behind GECU Invest.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Rietkolk 14
3920 Lommel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0824.612.044
- VAT number
- BE 0824.612.044
- Registered office
- Rietkolk 14, 3920 Lommel
- Names & denominations
- ELCUBI
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 April 2010
- Peppol
- Active · Active since 6 Jan 2025
- Activities · NACE
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