ACTIVE

Elicio WP

Financial year 2025 · closed on 31/12/2025
Net result
690,8 k €
-33.0% YoY
Gross margin
2,3 M €
Equity
4 M €
+20.8% YoY

What does Elicio WP do?

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
Contacts
1 public detail availableLog in to view
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201420132012201120102009200820072006
Income statement
Gross margin2,3 M €7,8 M €3,7 M €5,5 M €3,2 M €3 M €2,8 M €2,2 M €2,7 M €2,7 M €
EBITDA2,3 M €3,2 M €8,7 M €7,5 M €3,7 M €3,3 M €3,1 M €2,8 M €3,1 M €2,1 M €1,2 M €1,9 M €1,9 M €2,2 M €1,7 M €1,7 M €2,3 M €2,7 M €2,6 M €
Operating result978,8 k €1,3 M €6,8 M €5,6 M €1,3 M €536,3 k €59,9 k €-404,4 k €144,7 k €-722,2 k €704,1 k €783 k €762,3 k €1,1 M €565,4 k €729,9 k €1,1 M €1,1 M €607,7 k €
Net result690,8 k €1 M €4,9 M €3,7 M €600,2 k €-114,7 k €-574,8 k €-1 M €-482,2 k €-1,4 M €661,5 k €418,4 k €-32,5 k €307,5 k €-195,8 k €-86,5 k €526,9 k €628,5 k €-34,3 k €
Balance sheet
Equity4 M €3,3 M €4,6 M €4,7 M €1 M €413,6 k €528,3 k €1,1 M €973,3 k €1,5 M €3,4 M €2,9 M €2,5 M €2,5 M €2,3 M €2,5 M €2,5 M €2,3 M €1,6 M €
Total assets15,5 M €16,8 M €24,8 M €25,3 M €23,8 M €28,7 M €16,3 M €16,9 M €18,1 M €16,7 M €12,4 M €13,6 M €14,4 M €14,7 M €15,1 M €16,6 M €18,3 M €13,4 M €13,9 M €
Cash488,7 k €702,1 k €1,1 M €6,6 M €5,1 M €3,1 M €2,3 M €2,6 M €892 k €1,6 M €10,6 k €37,9 k €3,2 k €378,1 k €6,9 k €90,1 k €909,7 k €308,5 k €411,3 k €
Debts10,8 M €12,9 M €19,6 M €20,1 M €22,3 M €27,9 M €15,5 M €15,6 M €17 M €14,8 M €8,8 M €10,5 M €11,5 M €11,8 M €12,8 M €14,1 M €15,6 M €11,1 M €12,2 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 33 ended

Active mandates

Andries Teerlynck

Director · since 01 avril 2025 · until 09 mai 2030

Active
Vanessa Vanleene

Director · since 12 octobre 2024 · until 09 mai 2030

Active
Peter Goderis

Director · since 31 décembre 2019 · until 31 mars 2025

Active
ELICIO

Director · since 29 juin 2018 · until 09 mai 2030 · 0552.775.977

Represented by Alain Janssens (tot 31/03/2025)

Active

Ended mandates

Frederic Teerlynck

Director · since 31 décembre 2019 · until 09 mai 2024

Ended
Frederic Teerlynck

Director · since 31 décembre 2019 · until 12 octobre 2024

Ended
Peter Goderis

Director · since 31 décembre 2019 · until 09 mai 2024

Ended
ELICIO

Director · since 29 juin 2018 · until 30 avril 2024 · 0552.775.977

Represented by Heres Communications SPRL Dhr. Pol Heyse (vast vertegenwoordiger)

Ended
At this address

Other companies at this address

CompanyCBE no.
ELICIOActive
0552.775.977
ELICIO BERLAREActive
0811.412.621
Elicio MaldegemActive
0811.413.314
ELICIO OFFSHOREActive
0831.221.209
0756.538.137
ELICIO PLUSActive
0462.850.445
1024.256.850
Elicio SLHActive
0807.239.047
1008.717.351
1016.671.846
0765.857.263
ELNUActive
0834.266.910
ElNu2seaActive
0779.421.724
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelFull modelFull modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date16/06/202605/06/202522/05/202407/06/202309/06/202214/06/2021
General meeting18/05/202608/05/202509/05/202411/05/202312/05/202217/05/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202518/05/202616/06/2026DutchPDF
Full model31/12/202408/05/202505/06/2025DutchPDF
Full model31/12/202309/05/202422/05/2024DutchPDF
Abridged model31/12/202211/05/202307/06/2023DutchPDF
Abridged model31/12/202112/05/202209/06/2022DutchPDF
Abridged model31/12/202017/05/202114/06/2021DutchPDF
Abridged model31/12/201914/05/202030/06/2020DutchPDF
Abridged model31/12/201830/04/201929/05/2019DutchPDF
Abridged model31/12/201730/04/201827/06/2018DutchPDF
Abridged model31/12/201602/05/201729/06/2017DutchPDF
Full model31/12/201502/05/201621/06/2016DutchPDF
Full model31/12/201430/04/201521/05/2015DutchPDF
Full model31/12/201330/09/201430/09/2014DutchPDF
Full model31/12/201230/04/201307/08/2013DutchPDF
Full model31/12/201130/04/201224/07/2012DutchPDF
Full model31/12/201002/05/201117/06/2011DutchPDF
Full model31/12/200930/04/201026/05/2010DutchPDF
Full model31/12/200830/04/200930/05/2009DutchPDF
Abridged model31/12/200730/04/200823/07/2008DutchPDF
Abridged model31/12/200631/05/200731/08/2007DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 33 ended

Active mandates

Andries Teerlynck

Director · since 01 avril 2025 · until 09 mai 2030

Active
Vanessa Vanleene

Director · since 12 octobre 2024 · until 09 mai 2030

Active
Peter Goderis

Director · since 31 décembre 2019 · until 31 mars 2025

Active
ELICIO

Director · since 29 juin 2018 · until 09 mai 2030 · 0552.775.977

Represented by Alain Janssens (tot 31/03/2025)

Active

Ended mandates

Frederic Teerlynck

Director · since 31 décembre 2019 · until 09 mai 2024

Ended
Frederic Teerlynck

Director · since 31 décembre 2019 · until 12 octobre 2024

Ended
Peter Goderis

Director · since 31 décembre 2019 · until 09 mai 2024

Ended
ELICIO

Director · since 29 juin 2018 · until 30 avril 2024 · 0552.775.977

Represented by Heres Communications SPRL Dhr. Pol Heyse (vast vertegenwoordiger)

Ended
Shareholders

Ownership and network

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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
  • 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

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 2025690,8 k €
  2. 2024
    Annual accounts 20241 M €
  3. 2023
    Annual accounts 20234,9 M €
  4. 2022
    Annual accounts 20223,7 M €
  5. 2021
    Annual accounts 2021600,2 k €
  6. 2020
    Annual accounts 2020-114,7 k €
  7. 2019
    Annual accounts 2019-574,8 k €
  8. 2019
    Name changeELICIO WP
  9. 2018
    Annual accounts 2018-1 M €
  10. 2017
    Annual accounts 2017-482,2 k €
  11. 2016
    Annual accounts 2016-1,4 M €
  12. 2014
    Annual accounts 2014661,5 k €
  13. 2014
    Name changeELICIO BRUGGE
  14. 2013
    Annual accounts 2013418,4 k €
  15. 2012
    Annual accounts 2012-32,5 k €
  16. 2011
    Annual accounts 2011307,5 k €
  17. 2010
    Annual accounts 2010-195,8 k €
  18. 2009
    Annual accounts 2009-86,5 k €
  19. 2008
    Annual accounts 2008526,9 k €
  20. 2007
    Annual accounts 2007628,5 k €
  21. 2006
    Annual accounts 2006-34,3 k €
  22. 2006
    Name changeELECTRAWINDS - BRUGGE
  23. 21/11/2003
    IncorporationPublic limited company