ACTIVE

ELLION

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Financial year 2025 · Closed on 31/12/2025

Net result348,4 k €+544,7 %over 1 year
Gross margin3,2 M €+37,1 %over 1 year
Equity515,1 k €+208,9 %over 1 year
Workforce26,2 ETP+16,4 %over 1 year

Identity

Source · BCE/KBO

ELLION is a Private limited company incorporated in 2020. Its main activity is: Management consultancy activities. Its registered office is in Ixelles. It employs on average 26,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0752.664.768
Incorporation
17/08/2020
Legal form
Private limited company
Registered office
Avenue Arnaud Fraiteur 15 box 23
1050 Ixelles · BruxellesSee on map
Contributed capital
10 000,00 €
Latest accounts
31/12/2025
Average workforce
26,2 ETP
Joint committees (1)
  • 200
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 5 filings

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin3,2 M €2,4 M €1,6 M €980 k €336,2 k €
EBITDA686 k €256,2 k €203,7 k €136,5 k €66,3 k €
Operating result544 k €154,1 k €117,7 k €85,4 k €45,5 k €
Net result348,4 k €54 k €37,7 k €41,2 k €23,8 k €
Balance sheet
Equity515,1 k €166,8 k €112,7 k €75 k €33,8 k €
Total assets1,8 M €1,5 M €1,3 M €913,7 k €575,8 k €
Cash146,8 k €31,5 k €249 k €105,6 k €63,8 k €
Debts1,3 M €1,3 M €1,2 M €819,8 k €542 k €
Other
Workforce26,2 ETP22,5 ETP16,0 ETP9,9 ETP3,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
VULCAIN ENGINEERING0597.824.163Represented by Frédéric GRARD
Directorsince 30/01/2026
CLO940761.386.355Represented by Camille LOJOU
Director15/03/2023 → 30/01/2026
IMPLEA0823.199.309Represented by Lionel DELFORGE
Director15/03/2023 → 30/01/2026

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Lionel DELFORGE
Director2022 accounts
Lionel Jean-Yves DELFORGE
Director2021 accounts

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Full financial information

Source · NBB
20252024202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202217/08/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months17 months
Filing date26/05/202628/08/202530/08/202404/08/202328/07/2022
General meeting21/05/202630/06/202528/06/202430/06/202329/06/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 5 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202521/05/202626/05/2026FrenchPDF
Abridged model31/12/202430/06/202528/08/2025FrenchPDF
Abridged model31/12/202328/06/202430/08/2024FrenchPDF
Abridged model31/12/202230/06/202304/08/2023FrenchPDF
Abridged model31/12/202129/06/202228/07/2022FrenchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
VULCAIN ENGINEERING0597.824.163Represented by Frédéric GRARD
Directorsince 30/01/2026
CLO940761.386.355Represented by Camille LOJOU
Director15/03/2023 → 30/01/2026
IMPLEA0823.199.309Represented by Lionel DELFORGE
Director15/03/2023 → 30/01/2026

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Lionel DELFORGE
Director2022 accounts
Lionel Jean-Yves DELFORGE
Director2021 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Restructuring04/11/2026
    DEPOT D'UN PROJET D'OPÉRATION ASSIMILÉE À UNE FUSION PAR
    PDF
  • Mandates03/03/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/08/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates27/12/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Other19/08/2020
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings5 filings
Mandates
VULCAIN ENGINEERING
CLO94
IMPLEA
Lionel DELFORGE
Lionel Jean-Yves DELFORGE
2020202120222023202420252026
ELLION
Avenue Arnaud Fraiteur 15 bte 23, 1050 Ixelles
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Avenue Arnaud Fraiteur 15 bte 23, 1050 IxellesCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00120247

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
ELLIONCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00120247

Events

  1. 2025
    Annual accounts 2025348,4 k €↑
  2. 2024
    Annual accounts 202454 k €↑
  3. 2023
    Annual accounts 202337,7 k €↓
  4. 2022
    Annual accounts 202241,2 k €↑
  5. 2021
    Annual accounts 202123,8 k €
  6. 17/08/2020
    IncorporationPrivate limited company