ACTIVE

Elicio WP

Financial year 2025 · Closed on 31/12/2025

Net result690,8 k €-33,0 %over 1 year

Gross margin2,3 M €

Equity4 M €+20,8 %over 1 year

Identity

Source · BCE/KBO

Elicio WP is a Public limited company incorporated in 2003. Its main activity is: Production of electricity. Its registered office is in Oostende.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0861.775.021
Incorporation: 21/11/2003
Legal form: Public limited company
Registered office: John Cordierlaan 9
8400 Oostende · FlandreSee on map
Contributed capital: 1 675 000,00 €
Latest accounts: 31/12/2025

Activities (NACE)

35110Production of electricity· main 35110Production of electricity 40110Production d'électricité 35120Transmission of electricity 35130Distribution of electricity 40120Transport d'électricité

Contacts

1 public detail availableLog in to view

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	2,3 M €		–		–		7,8 M €	+110%	3,7 M €
EBITDA	2,3 M €	-27.3%	3,2 M €	-63.8%	8,7 M €	+16.7%	7,5 M €	+105%	3,7 M €
Operating result	978,8 k €	-25.4%	1,3 M €	-80.8%	6,8 M €	+22.4%	5,6 M €	+342%	1,3 M €
Net result	690,8 k €	-33.0%	1 M €	-78.8%	4,9 M €	+31.9%	3,7 M €	+514%	600,2 k €
Balance sheet
Equity	4 M €	+20.8%	3,3 M €	-28.4%	4,6 M €	-1.2%	4,7 M €	+363%	1 M €
Total assets	15,5 M €	-8.1%	16,8 M €	-32.3%	24,8 M €	-1.9%	25,3 M €	+6.5%	23,8 M €
Cash	488,7 k €	-30.4%	702,1 k €	-37.5%	1,1 M €	-82.9%	6,6 M €	+29.6%	5,1 M €
Debts	10,8 M €	-16.3%	12,9 M €	-34.4%	19,6 M €	-2.4%	20,1 M €	-9.8%	22,3 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 12 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Andries Teerlynck	Director01/04/2025 → 09/05/2030
Vanessa Vanleene	Director12/10/2024 → 09/05/2030
Peter Goderis	Director31/12/2019 → 31/03/2025
ELICIO0552.775.977Represented by Alain Janssens (tot 31/03/2025)	Director26/05/2014 → 09/05/2030

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Frederic Teerlynck	Director31/12/2019 → 2023 accounts
Emile DUMONT	Director29/06/2018 → 2019 accounts

Other companies at this address

John Cordierlaan 9 8400 Oostende

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
ELNU● Active	0834.266.910
ElNu2sea● Active	0779.421.724

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Full model	Full 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	05/06/2025	22/05/2024	07/06/2023	09/06/2022	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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	18/05/2026	16/06/2026	Dutch	PDF
Full model	31/12/2024	08/05/2025	05/06/2025	Dutch	PDF
Full model	31/12/2023	09/05/2024	22/05/2024	Dutch	PDF
Abridged model	31/12/2022	11/05/2023	07/06/2023	Dutch	PDF
Abridged model	31/12/2021	12/05/2022	09/06/2022	Dutch	PDF
Abridged model	31/12/2020	17/05/2021	14/06/2021	Dutch	PDF
Abridged model	31/12/2019	14/05/2020	30/06/2020	Dutch	PDF
Abridged model	31/12/2018	30/04/2019	29/05/2019	Dutch	PDF
Abridged model	31/12/2017	30/04/2018	27/06/2018	Dutch	PDF
Abridged model	31/12/2016	02/05/2017	29/06/2017	Dutch	PDF
Full model	31/12/2015	02/05/2016	21/06/2016	Dutch	PDF
Full model	31/12/2014	30/04/2015	21/05/2015	Dutch	PDF
Full model	31/12/2013	30/09/2014	30/09/2014	Dutch	PDF
Full model	31/12/2012	30/04/2013	07/08/2013	Dutch	PDF
Full model	31/12/2011	30/04/2012	24/07/2012	Dutch	PDF
Full model	31/12/2010	02/05/2011	17/06/2011	Dutch	PDF
Full model	31/12/2009	30/04/2010	26/05/2010	Dutch	PDF
Full model	31/12/2008	30/04/2009	30/05/2009	Dutch	PDF
Abridged model	31/12/2007	30/04/2008	23/07/2008	Dutch	PDF
Abridged model	31/12/2006	31/05/2007	31/08/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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

4 active · 12 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Andries Teerlynck	Director01/04/2025 → 09/05/2030
Vanessa Vanleene	Director12/10/2024 → 09/05/2030
Peter Goderis	Director31/12/2019 → 31/03/2025
ELICIO0552.775.977Represented by Alain Janssens (tot 31/03/2025)	Director26/05/2014 → 09/05/2030

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Frederic Teerlynck	Director31/12/2019 → 2023 accounts
Emile DUMONT	Director29/06/2018 → 2019 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates15/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/04/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Other04/07/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other07/06/2021
DIVERSEN
PDF
Mandates16/02/2021
ONTSLAGEN - BENOEMINGEN
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

Filings19 filings

Mandates

Andries Teerlynck

Vanessa Vanleene

Peter Goderis

ELICIO

Frederic Teerlynck

PESO-VERDE BVBA

Emile DUMONT

Ludo Vandervelden

ARCADIA STRATEGOI

ELECTRAWINDS

PAUL DESENDER CONSULTING

LDS

Show the 4 other mandates

2003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027202820292030

Elicio WPELICIO BRUGGEELECTRAWINDS - BRUGGE

John Cordierlaan 9, 8400 Oostende

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
John Cordierlaan 9, 8400 OostendeCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00184914

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Elicio WPCurrent	accounts 2019 → 2025	Accounts 2025 · 2026-00184914
ELICIO BRUGGE	accounts 2014 → 2018	Accounts 2018 · 2019-15000142
ELECTRAWINDS - BRUGGE	accounts 2006 → 2013	Accounts 2013 · 2014-62800272

Events

2025
Annual accounts 2025690,8 k €↓
2024
Annual accounts 20241 M €↓
2023
Annual accounts 20234,9 M €↑
2022
Annual accounts 20223,7 M €↑
2021
Annual accounts 2021600,2 k €↑
2020
Annual accounts 2020-114,7 k €↑
2019
Annual accounts 2019-574,8 k €↑
2019
Name changeElicio WP
2018
Annual accounts 2018-1 M €↓
2017
Annual accounts 2017-482,2 k €↑
2016
Annual accounts 2016-1,4 M €↓
2014
Annual accounts 2014661,5 k €↑
2014
Name changeELICIO BRUGGE
2013
Annual accounts 2013418,4 k €↑
2012
Annual accounts 2012-32,5 k €↓
2011
Annual accounts 2011307,5 k €↑
2010
Annual accounts 2010-195,8 k €↓
2009
Annual accounts 2009-86,5 k €↓
2008
Annual accounts 2008526,9 k €↓
2007
Annual accounts 2007628,5 k €↑
2006
Annual accounts 2006-34,3 k €
21/11/2003
IncorporationPublic limited company

Elicio WP

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events