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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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ELEGNAV from Grimbergen, company number BE0843840513, closed financial year 2025 with a result of € 729,772 after tax. For that financial year ELEGNAV recorded a gross margin of € 1.1 million and equity of € 80,776. Compared with financial year 2024, the result moved from € 142,958 to € 729,772. 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 July 24, 2026.
€ 80,776
▲ € 465,821 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 729,772
▲ € 586,814 vs 2024
Profit after tax over the fiscal year.
€ 471,419
▼ 43% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 260,000 paid out
36 % of the profit went to the shareholders, mostly to HM I Baroque (100 % of the shares). That is where the money ends up.
Debts at end 2025
€ 4.1 million
▼ 26% vs 2024
€ 222,177 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 72,164
▲ 31% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 432,725 | € 214,371 | € 880,671 | € 1,123,914 | ▲ 28% |
| Profit after taxes | € -2,049,347 | € -170,461 | € 142,958 | € 729,772 | ▲ € 586,814 |
| Equity | € -357,542 | € -528,003 | € -385,045 | € 80,776 | ▲ € 465,821 |
| Total debts | € 2,846,960 | € 5,483,036 | € 6,400,674 | € 4,457,097 | ▼ 30% |
| Cash | € 87,544 | € 10,278 | € 828,298 | € 471,419 | ▼ 43% |
| Land & buildings | € 3,865,637 | € 4,885,781 | € 5,179,202 | € 3,965,170 | ▼ 23% |
| Retained profit | € -2,020,542 | € -2,191,003 | € -2,048,045 | € -139,916 | ▲ € 1.9 million |
| Dividend | € 0 | € 0 | € 0 | € 260,000 | |
| Bank debt | € 945,132 | € 4,495,559 | € 5,533,346 | € 4,098,189 | ▼ 26% |
| Balance sheet total | € 3,959,623 | € 4,955,033 | € 6,015,629 | € 4,537,873 | ▼ 25% |
Key figures of ELEGNAV, 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 ELEGNAV?
What happened at ELEGNAV in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 729,772 (▲ € 586,814 vs 2024). Source: NBB ↗
- New establishment in Grimbergen. KBO
- New establishment in Grimbergen. KBO
- Start of the company according to the CBE. KBO
In short
From € 2 million loss in 2022 to € 729,772 profit in 2025.
Paid € 262,344 in corporate taxes since 2022.
Best year ever: 2025, with € 729,772 profit.
Paid out € 260,000 in dividends to the owners in total.
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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
The stake of HM I Baroque comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ELEGNAVBehind ELEGNAV is HM I Baroque BV. The shares are held by HM I Baroque (100%).
Directors
According to the 2025 annual accounts
Director · represented by Simon Celus
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kleinewinkellaan 14 box 1
1853 Grimbergen
Kleinewinkellaan 14
1853 Grimbergen
Active since 21 February 2012
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →"Confederatie van Immobiliënberoepen Vlaanderen", afdeling Vlaams Brabant - Brussel
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€ -47,157 gross margin · 2025
HM I Rococo
€ 14,654 gross margin · 2024
FOOD SENSE
+6 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
- 0843.840.513
- VAT number
- BE 0843.840.513
- Registered office
- Kleinewinkellaan 14 bus 1, 1853 Grimbergen
- Names & denominations
- ELEGNAV
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 February 2012
- Peppol
- Active · Active since 24 Jul 2026