ACTIVE

ELLION

Financial year 2025 · closed on 31/12/2025
Net result
348,4 k €
+544.7% YoY
Gross margin
3,2 M €
+37.1% YoY
Equity
515,1 k €
+208.9% YoY
Workforce
26,2 ETP
+16.4% YoY

What does ELLION do?

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
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

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
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 · 3 active · 4 ended

Active mandates

VULCAIN ENGINEERING

Director · since 30 janvier 2026 · 0597.824.163

Represented by Frédéric GRARD

Active
CLO94

Director · since 15 mars 2023 · until 30 janvier 2026 · 0761.386.355

Represented by Camille LOJOU

Active
IMPLEA

Director · since 15 mars 2023 · until 30 janvier 2026 · 0823.199.309

Represented by Lionel DELFORGE

Active

Ended mandates

CLO94

Director · since 15 mars 2023 · 0761.386.355

Represented by Camille LOJOU

Ended
IMPLEA

Director · since 15 mars 2023 · 0823.199.309

Represented by Lionel DELFORGE

Ended
Lionel DELFORGE

Director

Ended
Lionel Jean-Yves DELFORGE

Director

Ended
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Annual accounts

Full financial information

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
Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

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
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 · 3 active · 4 ended

Active mandates

VULCAIN ENGINEERING

Director · since 30 janvier 2026 · 0597.824.163

Represented by Frédéric GRARD

Active
CLO94

Director · since 15 mars 2023 · until 30 janvier 2026 · 0761.386.355

Represented by Camille LOJOU

Active
IMPLEA

Director · since 15 mars 2023 · until 30 janvier 2026 · 0823.199.309

Represented by Lionel DELFORGE

Active

Ended mandates

CLO94

Director · since 15 mars 2023 · 0761.386.355

Represented by Camille LOJOU

Ended
IMPLEA

Director · since 15 mars 2023 · 0823.199.309

Represented by Lionel DELFORGE

Ended
Lionel DELFORGE

Director

Ended
Lionel Jean-Yves DELFORGE

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • 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

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 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