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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
13 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Elicio WP from Oostende, company number BE0861775021, closed financial year 2025 with a result of € 690,842 after tax. For that financial year Elicio WP recorded a gross margin of € 2.3 million and equity of € 4 million. Compared with financial year 2024, the result moved from € 1 million to € 690,842. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 16, 2026.
€ 4 million
▲ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 690,842
▼ 33% vs 2024
Profit after tax over the fiscal year.
€ 488,726
▼ 30% 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 € 2.3 million.
People and assets in 2025
€ 8 million
▼ 9% vs 2024
Of which on lease € 8 million.
Debts at end 2025
€ 9.5 million
▲ 7% vs 2024
€ 1 million is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 1.2 million
▼ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 109,022
▼ 77% 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 | |
|---|---|---|---|---|---|
| Revenue | - | € 12,840,681 | € 5,988,613 | - | |
| Gross margin | € 7,780,731 | - | - | € 2,338,227 | |
| Profit after taxes | € 3,683,745 | € 4,860,045 | € 1,030,719 | € 690,842 | ▼ 33% |
| Equity | € 4,697,499 | € 4,642,544 | € 3,323,263 | € 4,014,105 | ▲ 21% |
| Total debts | € 20,125,746 | € 19,645,347 | € 12,891,306 | € 10,791,866 | ▼ 16% |
| Cash | € 6,552,561 | € 1,122,684 | € 702,133 | € 488,726 | ▼ 30% |
| Retained profit | € 3,022,499 | € 2,967,544 | € 1,648,263 | € 2,339,105 | ▲ 42% |
| Dividend | € 0 | € 4,915,000 | € 2,350,000 | € 0 | ▼ 100% |
| Bank debt | € 18,871,100 | € 11,400,448 | € 8,815,846 | € 9,476,668 | ▲ 7% |
| Balance sheet total | € 25,327,873 | € 24,848,903 | € 16,830,747 | € 15,474,882 | ▼ 8% |
Key figures of Elicio WP, 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 WP?
What happened at Elicio WP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Andries Teerlynck stepped down as director. NBB
- Vanessa Vanleene stepped down as director. NBB
- Elicio NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 690,842 (▼ 33% vs 2024). Source: NBB ↗
- Andries Teerlynck became a director. NBB
- Peter Goderis stepped down as director. NBB
- Vanessa Vanleene became a director. NBB
- Peter Goderis became a director. NBB
In short
From € 3.7 million profit in 2022 to € 690,842 profit in 2025.
Paid € 3.4 million in corporate taxes since 2022.
Best year ever: 2023, with € 4.9 million profit.
Paid out € 7.3 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 SLH, ELICIO BERLARE, Elicio Maldegem, YANTE +3 more
since 2025 · until 2030
Vanessa Vanleene
Director
since 2024 · 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 SLH, ELICIO BERLARE, Elicio Maldegem, ELICIO OFFSHORE +5 more
since 2018 · until 2030
Peter Goderis
Director
Also active at: ELICIO PLUS, SeaMade, PE, NOVEN, OTARY BIS, NORTH SEA WAVE, Elicio Plateau de Bassenge, Elicio Wind For Water +12 more
since 2019 · until 2025
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 same network
+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
- 0861.775.021
- VAT number
- BE 0861.775.021
- Registered office
- John Cordierlaan 9, 8400 Oostende
- Names & denominations
- Elicio WP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 November 2003
- Peppol
- Active · Active since 9 Dec 2025
- Contact
- [email protected]
- Activities · NACE
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