ACTIVE

ELICIO PLUS

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Financial year 2025 · closed on 31/12/2025

Net result

5,4 k €

-90.7% YoY

Gross margin

231,4 k €

-14.8% YoY

Equity

300,9 k €

-3.1% YoY

What does ELICIO PLUS do?

ELICIO PLUS is a Public limited company incorporated in 1998. Its main activity is: Production of electricity. Its registered office is in Oostende.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0462.850.445

Incorporation

11/03/1998

Legal form

Public limited company

Registered office

John Cordierlaan 9
8400 Oostende · FlandreSee on map

Contributed capital

248 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

35110Production of electricity· main 35110Production of electricity 40110Production d'électricité 35140Trade of electricity 35150Electric power generation, transmission and distribution 40130Distribution et commerce d'électricité

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	231,4 k €	-14.8%	271,7 k €	-38.6%	442,2 k €	-23.7%	579,2 k €	+89.3%	305,9 k €	+10.3%	277,4 k €		–		–		–		–		–		–		–		–		–		–		–		–		–		–
EBITDA	208,7 k €	-22.6%	269,7 k €	-34.7%	413,2 k €	-28.2%	575,1 k €	+258%	160,9 k €	-37.6%	258 k €	+4.4%	247 k €	-25.4%	331,3 k €	-16.5%	396,9 k €	+309%	97 k €	-46.2%	180,2 k €	+1.2%	178,2 k €	+46.6%	121,5 k €	-56.4%	278,6 k €	-14.6%	326,3 k €	-12.9%	374,5 k €	+11.5%	335,8 k €	-29.0%	473,2 k €	+14.2%	414,5 k €	+3.3%	401,2 k €
Operating result	15,2 k €	-82.6%	87,5 k €	-60.0%	218,9 k €	-42.5%	380,6 k €	+1230%	-33,7 k €	-151%	65,4 k €	+20.1%	54,5 k €	-60.7%	138,8 k €	-32.1%	204,4 k €	+1139%	16,5 k €	-79.0%	78,4 k €	+221%	-64,7 k €	+55.7%	-145,9 k €	-1607%	9,7 k €	-83.3%	58,1 k €	-41.4%	99,2 k €	+47.6%	67,2 k €	-66.8%	202,2 k €	+38.0%	146,5 k €	-3.5%	151,8 k €
Net result	5,4 k €	-90.7%	57,8 k €	-62.4%	153,8 k €	-57.0%	357,4 k €	+799%	-51,2 k €	-159%	87,1 k €	+160%	33,5 k €	-67.4%	102,7 k €	-33.9%	155,3 k €	+593%	22,4 k €	-72.0%	79,9 k €	+178%	-102,3 k €	+66.7%	-307,7 k €	-3997%	-7,5 k €	-106%	119,3 k €	+385%	24,6 k €	+185%	-28,8 k €	-131%	91,5 k €	+159%	35,4 k €	+35.4%	26,1 k €
Balance sheet
Equity	300,9 k €	-3.1%	310,5 k €	-3.2%	320,7 k €	-3.1%	330,9 k €	+9.2%	303 k €	-14.4%	354,2 k €	-2.2%	362 k €	-3.1%	373,6 k €	+0.7%	370,8 k €	+72.1%	215,5 k €	+11.6%	193,1 k €	-19.3%	239,1 k €	-30.0%	341,5 k €	-67.4%	1 M €	-0.7%	1,1 M €	+12.7%	936,2 k €	+19.2%	785,6 k €	-3.5%	814,4 k €	+12.7%	722,9 k €	+5.1%	687,5 k €
Total assets	1,2 M €	-10.1%	1,3 M €	-16.9%	1,6 M €	-16.5%	1,9 M €	+13.4%	1,7 M €	-20.6%	2,1 M €	-2.5%	2,2 M €	-7.3%	2,4 M €	-10.1%	2,6 M €	+2.6%	2,6 M €	+119%	1,2 M €	+107%	561,7 k €	-15.4%	664,2 k €	-54.5%	1,5 M €	-21.1%	1,8 M €	-21.5%	2,4 M €	-6.2%	2,5 M €	+6.4%	2,4 M €	-8.7%	2,6 M €	-7.5%	2,8 M €
Cash	385,3 k €	+503%	63,9 k €	-27.2%	87,7 k €	-86.9%	667,7 k €	+168%	249,2 k €	+29.0%	193,2 k €	+14.8%	168,4 k €	-26.2%	228,3 k €	+11.0%	205,7 k €	+802%	22,8 k €	-93.9%	374,9 k €	+248%	107,7 k €	+79.7%	59,9 k €	+130%	26 k €	-79.9%	129,6 k €	+270%	35 k €	-25.3%	46,9 k €	+146503%	32 €	-77.6%	143 €	-99.3%	20,4 k €
Debts	837,9 k €	-12.6%	958,3 k €	-20.4%	1,2 M €	-19.9%	1,5 M €	+15.6%	1,3 M €	-22.9%	1,7 M €	-3.3%	1,7 M €	-8.9%	1,9 M €	-12.7%	2,2 M €	-1.9%	2,2 M €	+199%	748,1 k €	+593%	107,9 k €	-2.5%	110,7 k €	-46.2%	205,9 k €	-65.8%	602,6 k €	-57.4%	1,4 M €	-17.4%	1,7 M €	+10.7%	1,5 M €	-16.7%	1,9 M €	-11.1%	2,1 M €

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 28 ended

Active mandates

Andries Teerlynck

Director · since 01 avril 2025 · until 09 mai 2030

Active

Vanessa Vanleene

Director · since 12 octobre 2024 · until 09 mai 2030

Active

Peter Goderis

Director · since 31 décembre 2019 · until 31 mars 2025

Active

ELICIO

Director · since 01 juillet 2018 · until 09 mai 2030 · 0552.775.977

Represented by Peter Goderis (vanaf 01/04/2025)

Active

Ended mandates

Andries Teerlynck

Director · since 01 avril 2025 · until 30 mai 2030

Ended

Vanessa Vanleene

Director · since 12 octobre 2024 · until 30 mai 2030

Ended

Frederic Teerlynck

Director · since 31 décembre 2019 · until 09 mai 2024

Ended

Frederic Teerlynck

Director · since 31 décembre 2019 · until 12 octobre 2024

Ended

At this address

Other companies at this address

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ELICIO● Active	0552.775.977
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Elicio Maldegem● Active	0811.413.314
ELICIO OFFSHORE● Active	0831.221.209
Elicio Plateau de Bassenge● Active	0756.538.137
Elicio Power in Motion● Active	1024.256.850
Elicio SLH● Active	0807.239.047
Elicio Vent de Hesbaye● Active	1008.717.351
Elicio Vent de Sambre● Active	1016.671.846
Elicio Wind For Water● Active	0765.857.263
Elicio WP● Active	0861.775.021
ELNU● Active	0834.266.910
ElNu2sea● Active	0779.421.724

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	16/06/2026	06/06/2025	27/05/2024	08/06/2023	10/06/2022	14/06/2021
General meeting	18/05/2026	08/05/2025	09/05/2024	11/05/2023	12/05/2022	17/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	18/05/2026	16/06/2026	Dutch	PDF
Abridged model	31/12/2024	08/05/2025	06/06/2025	Dutch	PDF
Abridged model	31/12/2023	09/05/2024	27/05/2024	Dutch	PDF
Abridged model	31/12/2022	11/05/2023	08/06/2023	Dutch	PDF
Abridged model	31/12/2021	12/05/2022	10/06/2022	Dutch	PDF
Abridged model	31/12/2020	17/05/2021	14/06/2021	Dutch	PDF
Full model	31/12/2019	14/05/2020	30/06/2020	Dutch	PDF
Full model	31/12/2018	30/04/2019	24/05/2019	Dutch	PDF
Full model	31/12/2017	30/04/2018	28/06/2018	Dutch	PDF
Full model	31/12/2016	02/05/2017	19/06/2017	Dutch	PDF
Full model	31/12/2015	02/05/2016	20/06/2016	Dutch	PDF
Full model	31/12/2014	30/04/2015	11/06/2015	Dutch	PDF
Full model	31/12/2013	30/09/2014	30/09/2014	Dutch	PDF
Full model	31/12/2012	20/04/2013	23/08/2013	Dutch	PDF
Full model	31/12/2011	21/04/2012	24/07/2012	Dutch	PDF
Full model	31/12/2010	30/06/2011	08/08/2011	Dutch	PDF
Full model	31/12/2009	30/06/2010	28/07/2010	Dutch	PDF
Full model	31/12/2008	30/06/2009	31/08/2009	Dutch	PDF
Full model	31/12/2007	31/05/2008	30/09/2008	Dutch	PDF
Full modelCorrection	31/12/2006	04/05/2007	31/10/2007	Dutch	PDF
Full model	31/12/2006	04/05/2007	03/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 28 ended

Active mandates

Andries Teerlynck

Director · since 01 avril 2025 · until 09 mai 2030

Active

Vanessa Vanleene

Director · since 12 octobre 2024 · until 09 mai 2030

Active

Peter Goderis

Director · since 31 décembre 2019 · until 31 mars 2025

Active

ELICIO

Director · since 01 juillet 2018 · until 09 mai 2030 · 0552.775.977

Represented by Peter Goderis (vanaf 01/04/2025)

Active

Ended mandates

Andries Teerlynck

Director · since 01 avril 2025 · until 30 mai 2030

Ended

Vanessa Vanleene

Director · since 12 octobre 2024 · until 30 mai 2030

Ended

Frederic Teerlynck

Director · since 31 décembre 2019 · until 09 mai 2024

Ended

Frederic Teerlynck

Director · since 31 décembre 2019 · until 12 octobre 2024

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates15/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/04/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other10/07/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates10/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Other07/06/2021
DIVERSEN
PDF
Mandates16/02/2021
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

18/05/2026
reconductionEY Bedrijfsrevisoren — commissaris
18/05/2026
nominationBrecht Deketele — vaste vertegenwoordiger van de commissaris
2025
Annual accounts 20255,4 k €↓
01/04/2025
nominationPeter Goderis — vaste vertegenwoordiger van Elicio NV in de raad van bestuur
01/04/2025
nominationAndries Teerlynck — bestuurder
2024
Annual accounts 202457,8 k €↓
12/10/2024
nominationVanessa Vanleene — bestuurder
13/05/2024
reconductionFrederic Teerlynck — bestuurder
13/05/2024
reconductionPeter Goderis — bestuurder
13/05/2024
reconductionElicio NV — bestuurder
2023
Annual accounts 2023153,8 k €↓
11/05/2023
reconductionEY Bedrijfsrevisoren — commissaris
11/05/2023
nominationBrecht Deketele — vaste vertegenwoordiger van de commissaris
2022
Annual accounts 2022357,4 k €↑
2021
Annual accounts 2021-51,2 k €↓
2020
Annual accounts 202087,1 k €↑
2019
Annual accounts 201933,5 k €↓
2018
Annual accounts 2018102,7 k €↓
2017
Annual accounts 2017155,3 k €↑
2016
Annual accounts 201622,4 k €↓
2015
Annual accounts 201579,9 k €↑
2014
Annual accounts 2014-102,3 k €↑
2014
Name changeELICIO PLUS
2013
Annual accounts 2013-307,7 k €↓
2012
Annual accounts 2012-7,5 k €↓
2011
Annual accounts 2011119,3 k €↑
2010
Annual accounts 201024,6 k €↑
2009
Annual accounts 2009-28,8 k €↓
2008
Annual accounts 200891,5 k €↑
2007
Annual accounts 200735,4 k €↑
2006
Annual accounts 200626,1 k €
2006
Name changeELECTRAWINDS PLUS
11/03/1998
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ELICIO PLUS

Overview

What does ELICIO PLUS do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline