ACTIVE

ELICAM

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Financial year 2025 · closed on 31/12/2025
Net result
1,3 M €
+26.7% YoY
Gross margin
1,9 M €
+26.0% YoY
Equity
7,2 M €
+19.6% YoY

What does ELICAM do?

ELICAM is a Private limited company incorporated in 2006. Its main activity is: Management consultancy activities. Its registered office is in Namur.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0881.506.504
Incorporation
24/05/2006
Legal form
Private limited company
Registered office
Domaine de l' Espinette(WP) 28
5100 Namur · WallonieSee on map
Contributed capital
110 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities74142Specialised design activities62020Computer consultancy activities62200Computer programming, consultancy and related activities72100Research and experimental development on natural sciences and engineering
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin1,9 M €1,5 M €1,3 M €1,1 M €1,1 M €996,3 k €757,8 k €804,8 k €625,4 k €468,5 k €392,7 k €397,4 k €442,7 k €444,7 k €418,8 k €360,4 k €245,2 k €248,8 k €356,4 k €
EBITDA1,9 M €1,5 M €1,2 M €1,1 M €1,1 M €982,6 k €743 k €759,8 k €611,8 k €458,7 k €348,2 k €329,4 k €434,7 k €387,6 k €383,8 k €353,6 k €240,6 k €245,8 k €348,7 k €
Operating result1,7 M €1,3 M €995,7 k €862 k €905,8 k €809,9 k €569,4 k €594,7 k €455,3 k €306,5 k €202,1 k €199,6 k €340,9 k €285 k €306,9 k €288,5 k €185,3 k €201,2 k €285,8 k €
Net result1,3 M €1 M €779,5 k €704,1 k €707 k €601,1 k €403,4 k €415,1 k €286,4 k €181,6 k €155,7 k €120,7 k €271,8 k €212,7 k €196,6 k €200 k €108,5 k €125 k €180,6 k €
Balance sheet
Equity7,2 M €6 M €5 M €4,3 M €3,6 M €3 M €2,6 M €2,2 M €1,9 M €1,7 M €1,5 M €1,3 M €1,2 M €958,4 k €845,7 k €662,1 k €475,1 k €379,6 k €267,6 k €
Total assets8,9 M €8,2 M €7,4 M €6,4 M €6,6 M €6,5 M €3,8 M €3,7 M €3,3 M €2,9 M €2,5 M €2,4 M €2,2 M €2 M €1,6 M €1,4 M €1,2 M €853,2 k €726,6 k €
Cash3 M €885,8 k €1,3 M €981,8 k €993,2 k €941,7 k €710,3 k €660,4 k €306,7 k €218,4 k €107,9 k €120,5 k €240,9 k €189,4 k €358,6 k €261 k €223,1 k €213,9 k €107 k €
Debts1,6 M €2,2 M €2,4 M €2 M €2,9 M €3,4 M €1,2 M €1,5 M €1,3 M €1,2 M €1 M €1,1 M €964,3 k €1 M €762,1 k €742,9 k €682,3 k €473,6 k €459 k €
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 · 1 active · 2 ended

Active mandates

P CLINET

Director · since 29 août 2024

Active

Ended mandates

P CLINET

Director · since 17 mai 2006

Ended
P CLINET

Manager · since 17 mai 2006

Ended
At this address

Other companies at this address

CompanyCBE no.
LESCOOP● Active
0457.286.803
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged 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 date03/08/202630/07/202508/08/202430/08/202316/09/202231/08/2021
General meeting05/06/202606/06/202507/06/202402/06/202303/06/202204/06/2021
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202505/06/202603/08/2026FrenchPDF
Abridged model31/12/202406/06/202530/07/2025FrenchPDF
Abridged model31/12/202307/06/202408/08/2024FrenchPDF
Abridged model31/12/202202/06/202330/08/2023FrenchPDF
Abridged model31/12/202103/06/202216/09/2022FrenchPDF
Abridged model31/12/202004/06/202131/08/2021FrenchPDF
Abridged model31/12/201904/06/202029/09/2020FrenchPDF
Abridged model31/12/201807/06/201930/08/2019FrenchPDF
Abridged model31/12/201704/06/201830/08/2018FrenchPDF
Micro model31/12/201602/06/201728/09/2017FrenchPDF
Abridged model31/12/201503/06/201622/08/2016FrenchPDF
Abridged model31/12/201405/06/201525/08/2015FrenchPDF
Abridged model31/12/201306/06/201430/08/2014FrenchPDF
Abridged model31/12/201207/06/201327/08/2013FrenchPDF
Abridged model31/12/201101/06/201228/09/2012FrenchPDF
Abridged model31/12/201003/06/201131/08/2011FrenchPDF
Abridged model31/12/200904/06/201031/08/2010FrenchPDF
Abridged model31/12/200805/06/200930/11/2009FrenchPDF
Abridged model31/12/200706/06/200827/11/2008FrenchPDF
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 · 1 active · 2 ended

Active mandates

P CLINET

Director · since 29 août 2024

Active

Ended mandates

P CLINET

Director · since 17 mai 2006

Ended
P CLINET

Manager · since 17 mai 2006

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates11/09/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office29/09/2015
    SIEGE SOCIAL
    PDF
  • Registered office14/09/2007
    SIEGE SOCIAL
    PDF
  • Other06/06/2006
    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 20251,3 M €↑
  2. 2024
    Annual accounts 20241 M €↑
  3. 2023
    Annual accounts 2023779,5 k €↑
  4. 2022
    Annual accounts 2022704,1 k €↓
  5. 2021
    Annual accounts 2021707 k €↑
  6. 2020
    Annual accounts 2020601,1 k €↑
  7. 2019
    Annual accounts 2019403,4 k €↓
  8. 2018
    Annual accounts 2018415,1 k €↑
  9. 2017
    Annual accounts 2017286,4 k €↑
  10. 2016
    Annual accounts 2016181,6 k €↑
  11. 2015
    Annual accounts 2015155,7 k €↑
  12. 2014
    Annual accounts 2014120,7 k €↓
  13. 2013
    Annual accounts 2013271,8 k €↑
  14. 2012
    Annual accounts 2012212,7 k €↑
  15. 2011
    Annual accounts 2011196,6 k €↓
  16. 2010
    Annual accounts 2010200 k €↑
  17. 2009
    Annual accounts 2009108,5 k €↓
  18. 2008
    Annual accounts 2008125 k €↓
  19. 2007
    Annual accounts 2007180,6 k €
  20. 24/05/2006
    IncorporationPrivate limited company