ACTIVE

ELNU

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Financial year 2025 · closed on 31/12/2025

Net result

19,6 M €

-47.0% YoY

Equity

24,6 M €

-3.3% YoY

What does ELNU do?

ELNU is a Public limited company incorporated in 2011. Its registered office is in Oostende.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0834.266.910

Incorporation

03/03/2011

Legal form

Public limited company

Registered office

John Cordierlaan 9
8400 Oostende · FlandreSee on map

Contributed capital

15 000 000,00 €

Latest accounts

31/12/2025

Contacts

1 public detail availableLog in to view

Signals

ProfitableSolid equityPositive cashflow

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011
Income statement
Revenue	–		–		–		–		–		–		–		–		–		–		–		–		–		–		412 k €
EBITDA	-22,5 k €	+7.9%	-24,5 k €	+4.7%	-25,7 k €	-31.0%	-19,6 k €	-7.6%	-18,2 k €	-103%	687,6 k €	+3633%	-19,5 k €	-8.8%	-17,9 k €	+20.2%	-22,4 k €	+34.0%	-34 k €	-492%	-5,7 k €	+0.2%	-5,8 k €	+18.9%	-7,1 k €	-120%	-3,2 k €	-48.9%	-2,2 k €
Operating result	-22,5 k €	+7.9%	-24,5 k €	+4.7%	-25,7 k €	-31.0%	-19,6 k €	-7.6%	-18,2 k €	-103%	687,6 k €	+3633%	-19,5 k €	-8.8%	-17,9 k €	+20.2%	-22,4 k €	+34.0%	-34 k €	-492%	-5,7 k €	+0.2%	-5,8 k €	+18.9%	-7,1 k €	-120%	-3,2 k €	-48.9%	-2,2 k €
Net result	19,6 M €	-47.0%	37 M €	-3.9%	38,5 M €	+103%	19 M €	-16.7%	22,8 M €	+12.0%	20,3 M €	+1008%	-2,2 M €	-5.7%	-2,1 M €	+18.7%	-2,6 M €	-1248%	-193,5 k €	-75.6%	-110,2 k €	+31.5%	-160,8 k €	+47.9%	-308,5 k €	-47.3%	-209,5 k €	-641%	-28,3 k €
Balance sheet
Equity	24,6 M €	-3.3%	25,5 M €	+24.7%	20,4 M €	-29.2%	28,8 M €	-18.0%	35,2 M €	+28.5%	27,4 M €	+290%	7 M €	-24.2%	9,3 M €	-18.6%	11,4 M €	-18.6%	14 M €	+4496%	-318,2 k €	-52.9%	-208,1 k €	-340%	-47,3 k €	-486%	12,3 k €	-94.5%	221,7 k €
Total assets	40,6 M €	-0.2%	40,7 M €	+0.2%	40,6 M €	+0.1%	40,5 M €	-26.2%	55 M €	+33.2%	41,3 M €	-55.2%	92 M €	+4.6%	88 M €	+4.4%	84,3 M €	+4.3%	80,9 M €	+851%	8,5 M €	+105%	4,2 M €	+3.8%	4 M €	+23.1%	3,3 M €	+92.5%	1,7 M €
Cash	11,4 k €	-81.5%	61,5 k €	+170%	22,8 k €	-30.8%	33 k €	-99.8%	14,4 M €	+1844%	743,1 k €	+14341%	5,1 k €	-73.5%	19,4 k €	-48.2%	37,5 k €	+12919%	288,2 €	-91.7%	3,5 k €	+3989%	84,5 €	+36.0%	62,1 €	+355%	13,7 €	-100.0%	63,8 k €
Debts	15,9 M €	+5.0%	15,2 M €	-24.6%	20,2 M €	+72.2%	11,7 M €	-40.9%	19,8 M €	+42.5%	13,9 M €	-83.7%	85 M €	+8.0%	78,7 M €	+8.0%	72,9 M €	+9.1%	66,9 M €	+658%	8,8 M €	+102%	4,4 M €	+7.7%	4 M €	+34.6%	3 M €	+109%	1,4 M €

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 30 ended

Active mandates

Vanessa Vanleene

Director · since 12 octobre 2024 · until 09 mai 2030

Active

Ellen Deprez

Director · since 31 décembre 2019 · 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

Elke Deprez

Director · since 31 décembre 2019 · until 09 mai 2024

Ended

Ellen Deprez

Director · since 31 décembre 2019 · until 09 mai 2024

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

Company	CBE no.
ELICIO● Active	0552.775.977
ELICIO BERLARE● Active	0811.412.621
Elicio Maldegem● Active	0811.413.314
ELICIO OFFSHORE● Active	0831.221.209
Elicio Plateau de Bassenge● Active	0756.538.137
ELICIO PLUS● Active	0462.850.445
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
ElNu2sea● Active	0779.421.724

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	26/05/2024	08/06/2023	10/06/2022	15/06/2021
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

15 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	18/05/2026	16/06/2026	Dutch	PDF
Full model	31/12/2024	08/05/2025	06/06/2025	Dutch	PDF
Full model	31/12/2023	09/05/2024	26/05/2024	Dutch	PDF
Full model	31/12/2022	11/05/2023	08/06/2023	Dutch	PDF
Full model	31/12/2021	12/05/2022	10/06/2022	Dutch	PDF
Full model	31/12/2020	17/05/2021	15/06/2021	Dutch	PDF
Full model	31/12/2019	14/05/2020	30/06/2020	Dutch	PDF
Full model	31/12/2018	26/04/2019	24/05/2019	Dutch	PDF
Full model	31/12/2017	26/04/2018	28/06/2018	Dutch	PDF
Full model	31/12/2016	26/04/2017	19/06/2017	Dutch	PDF
Full model	31/12/2015	26/04/2016	01/06/2016	Dutch	PDF
Full model	31/12/2014	27/04/2015	11/06/2015	Dutch	PDF
Full model	31/12/2013	30/06/2014	30/09/2014	Dutch	PDF
Full model	31/12/2012	26/04/2013	06/08/2013	Dutch	PDF
Full model	31/12/2011	26/04/2012	24/07/2012	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 30 ended

Active mandates

Vanessa Vanleene

Director · since 12 octobre 2024 · until 09 mai 2030

Active

Ellen Deprez

Director · since 31 décembre 2019 · 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

Elke Deprez

Director · since 31 décembre 2019 · until 09 mai 2024

Ended

Ellen Deprez

Director · since 31 décembre 2019 · until 09 mai 2024

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

Looking for more information about this company?

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
Mandates28/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Other10/07/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates10/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Other07/06/2021
DIVERSEN
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
2025
Annual accounts 202519,6 M €↓
01/04/2025
nominationPeter Goderis — vaste vertegenwoordiger van Elicio NV in de raad van bestuur
2024
Annual accounts 202437 M €↓
12/10/2024
nominationVanessa Vanleene — bestuurder
13/05/2024
reconductionFrederic Teerlynck — bestuurder
13/05/2024
reconductionPeter Goderis — bestuurder
13/05/2024
reconductionEllen Deprez — bestuurder
13/05/2024
reconductionElicio NV — bestuurder
2023
Annual accounts 202338,5 M €↑
11/05/2023
reconductionEY Bedrijfsrevisoren — commissaris
11/05/2023
nominationBrecht Deketele — vaste vertegenwoordiger met betrekking tot het mandaat van commissaris
11/05/2023
nominationBrecht Deketele — vaste vertegenwoordiger van de commissaris
2022
Annual accounts 202219 M €↓
2021
Annual accounts 202122,8 M €↑
2020
Annual accounts 202020,3 M €↑
2019
Annual accounts 2019-2,2 M €↓
2018
Annual accounts 2018-2,1 M €↑
2017
Annual accounts 2017-2,6 M €↓
2016
Annual accounts 2016-193,5 k €↓
2015
Annual accounts 2015-110,2 k €↑
2014
Annual accounts 2014-160,8 k €↑
2013
Annual accounts 2013-308,5 k €↓
2012
Annual accounts 2012-209,5 k €↓
2011
Annual accounts 2011-28,3 k €
03/03/2011
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

ELNU

Overview

What does ELNU do?

Trend over 15 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