ACTIVE

ELLECON

Financial year 2025 · closed on 30/09/2025
Net result
35,1 k €
+30.7% YoY
Gross margin
71,2 k €
+42.5% YoY
Equity
123,1 k €
+15.2% YoY

What does ELLECON do?

ELLECON is a Private limited company incorporated in 2012. Its main activity is: Other business support service activities n.e.c.. Its registered office is in Dentergem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0508.440.940
Incorporation
14/12/2012
Legal form
Private limited company
Registered office
Groenhove(Wak) 18
8720 Dentergem · Flandre
Contributed capital
6 200,00 €
Latest accounts
30/09/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120202019201820172016201520142013
Income statement
Gross margin71,2 k €50 k €49,2 k €47,2 k €47,4 k €19 k €23,9 k €14,3 k €27,1 k €34,3 k €32,5 k €58,9 k €35,7 k €
EBITDA64,4 k €48,9 k €47,3 k €45,5 k €46 k €17,3 k €22,8 k €12,8 k €25,8 k €33 k €31,3 k €57,6 k €34,6 k €
Operating result54,6 k €44,1 k €44,4 k €41,7 k €43,2 k €15,3 k €21,2 k €11,6 k €25,8 k €32,9 k €26 k €52,2 k €33,5 k €
Net result35,1 k €26,8 k €34,8 k €31,6 k €40,7 k €30,1 k €15,7 k €7,9 k €16,1 k €20,5 k €16,9 k €35,2 k €22,4 k €
Balance sheet
Equity123,1 k €106,9 k €80,1 k €125,3 k €127,7 k €96 k €72,9 k €62,2 k €54,3 k €73,7 k €53,2 k €43,8 k €8,6 k €
Total assets282,7 k €193,4 k €157,9 k €195,7 k €164,5 k €133,5 k €114,1 k €98,4 k €106,5 k €95,7 k €111,5 k €80,6 k €44,2 k €
Cash4,1 k €7,8 k €1 k €6,3 k €15,7 k €6,9 k €5,3 k €0 €14 k €3,9 k €22,9 k €8,3 k €4,1 k €
Debts159,6 k €86,5 k €77,4 k €70,4 k €35,3 k €35,9 k €39,1 k €34 k €50,2 k €21,9 k €58,3 k €36,8 k €35,5 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 3 active · 7 ended

Active mandates

Mathias Gunst

Director · since 01 mars 2018

Active
Paul Van Nieuwenhuyse

Director · since 15 avril 2014

Active
Elien Van Nieuwenhuyse

Director · since 12 décembre 2012

Active

Ended mandates

Mathias Gunst

Manager · since 01 mars 2018

Ended
Paul Van Nieuwenhuyse

Manager · since 15 avril 2014

Ended
Elien Van Nieuwenhuyse

Manager · since 14 décembre 2012

Ended
Elien Van Nieuwenhuyse

Mandate

Ended
At this address

Other companies at this address

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0461.584.297
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0700.590.913
0700.593.188
Suncop 3Active
0832.565.153
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date02/04/202627/03/202530/04/202430/04/202319/05/202230/04/2021
General meeting07/02/202601/02/202503/02/202404/02/202305/02/202206/02/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202507/02/202602/04/2026DutchPDF
Micro model30/09/202401/02/202527/03/2025DutchPDF
Micro model30/09/202303/02/202430/04/2024DutchPDF
Micro model30/09/202204/02/202330/04/2023DutchPDF
Abridged model30/09/202105/02/202219/05/2022DutchPDF
Abridged model30/09/202006/02/202130/04/2021DutchPDF
Abridged model30/09/201916/11/201930/04/2020DutchPDF
Micro model30/09/201802/02/201930/04/2019DutchPDF
Micro model30/09/201703/02/201830/03/2018DutchPDF
Abridged model30/09/201604/02/201727/03/2017DutchPDF
Abridged model30/09/201505/03/201630/03/2016DutchPDF
Abridged model30/09/201407/02/201530/03/2015DutchPDF
Abridged model30/09/201301/02/201404/03/2014DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 30/09/2025 · 3 active · 7 ended

Active mandates

Mathias Gunst

Director · since 01 mars 2018

Active
Paul Van Nieuwenhuyse

Director · since 15 avril 2014

Active
Elien Van Nieuwenhuyse

Director · since 12 décembre 2012

Active

Ended mandates

Mathias Gunst

Manager · since 01 mars 2018

Ended
Paul Van Nieuwenhuyse

Manager · since 15 avril 2014

Ended
Elien Van Nieuwenhuyse

Manager · since 14 décembre 2012

Ended
Elien Van Nieuwenhuyse

Mandate

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other28/05/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL
    PDF
  • Other30/05/2023
    DOEL
    PDF
  • Mandates31/03/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/03/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other26/01/2018
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates08/01/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other18/12/2012
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 202535,1 k €
  2. 2024
    Annual accounts 202426,8 k €
  3. 2023
    Annual accounts 202334,8 k €
  4. 2022
    Annual accounts 202231,6 k €
  5. 2021
    Annual accounts 202140,7 k €
  6. 2020
    Annual accounts 202030,1 k €
  7. 2019
    Annual accounts 201915,7 k €
  8. 2018
    Annual accounts 20187,9 k €
  9. 2017
    Annual accounts 201716,1 k €
  10. 2016
    Annual accounts 201620,5 k €
  11. 2015
    Annual accounts 201516,9 k €
  12. 2014
    Annual accounts 201435,2 k €
  13. 2013
    Annual accounts 201322,4 k €
  14. 14/12/2012
    IncorporationPrivate limited company