ACTIVE

ELEGANT

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Financial year 2025 · closed on 31/12/2025

Net result

6,6 M €

-22.7% YoY

Revenue

178 M €

+9.4% YoY

Equity

5,6 M €

-70.4% YoY

Workforce

28,9 ETP

+10.7% YoY

What does ELEGANT do?

ELEGANT is a Private limited company incorporated in 2008. Its main activity is: Trade of electricity. Its registered office is in Mechelen. It employs on average 28,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0899.305.113

Incorporation

03/07/2008

Legal form

Private limited company

Registered office

Kleine Nieuwedijkstraat 53
2800 Mechelen · FlandreSee on map

Contributed capital

2 018 600,00 €

Latest accounts

31/12/2025

Average workforce

28,9 ETP

Activities (NACE)

35140Trade of electricity· main 35150Electric power generation, transmission and distribution 70200Management consultancy activities 70220Business and other management consultancy activities

Joint committees (3)

100
326
3260

Contacts

1 public detail availableLog in to view

Signals

ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Revenue	178 M €	+9.4%	162,7 M €	+7.3%	151,6 M €	-20.3%	190,4 M €	+61.0%	118,2 M €	+17.0%	101 M €	-15.4%	119,4 M €	+0.9%	118,4 M €	-23.9%	155,5 M €	+116%	72 M €	+129%	31,5 M €		–		–		–		–		–		–
EBITDA	7,4 M €	-44.6%	13,4 M €	+21.4%	11 M €	+106%	5,4 M €	+391%	1,1 M €	-84.1%	6,9 M €	+136%	2,9 M €	+71.1%	1,7 M €	+50.2%	1,1 M €	-40.5%	1,9 M €	+179%	680,9 k €	+126%	300,9 k €	+3.4%	291 k €	-10.2%	324 k €	+6417%	-5,1 k €	-405%	-1 k €	+70.2%	-3,4 k €
Operating result	8,1 M €	-19.3%	10,1 M €	-0.4%	10,1 M €	+142%	4,2 M €	+194%	-4,4 M €	-268%	2,6 M €	+1121%	-258,9 k €	+39.4%	-427 k €	+51.3%	-877,5 k €	-204%	840,2 k €	+157%	326,7 k €	+846%	34,5 k €	+88.3%	18,3 k €	-91.2%	209,4 k €	+4182%	-5,1 k €	-405%	-1 k €	+76.1%	-4,2 k €
Net result	6,6 M €	-22.7%	8,5 M €	+6.4%	8 M €	+112%	3,8 M €	+184%	-4,5 M €	-291%	2,4 M €	+815%	-329 k €	+34.5%	-502,4 k €	+49.5%	-995,4 k €	-296%	508,1 k €	+185%	178 k €	+742%	21,2 k €	+113%	9,9 k €	-67.7%	30,8 k €	+616%	-6 k €	-488%	-1 k €	+76.3%	-4,3 k €
Balance sheet
Equity	5,6 M €	-70.4%	19,1 M €	+80.5%	10,6 M €	+312%	2,6 M €	+313%	-1,2 M €	-137%	3,3 M €	+253%	928,5 k €	-26.2%	1,3 M €	-28.5%	1,8 M €	-36.1%	2,8 M €	+22.6%	2,2 M €	+8.6%	2,1 M €	+4209%	48 k €	+26.0%	38,1 k €	+419%	7,3 k €	+49.8%	4,9 k €	+156%	1,9 k €
Total assets	64,5 M €	+2.1%	63,2 M €	-0.1%	63,2 M €	-8.8%	69,3 M €	+85.3%	37,4 M €	+29.8%	28,8 M €	+14.8%	25,1 M €	+26.5%	19,8 M €	-40.7%	33,5 M €	+25.8%	26,6 M €	+237%	7,9 M €	+80.3%	4,4 M €	+104%	2,1 M €	+8.5%	2 M €	+1496%	124 k €	+2204%	5,4 k €	+114%	2,5 k €
Cash	56,6 M €	+0.2%	56,5 M €	+26.2%	44,7 M €	+188%	15,5 M €	+195%	5,3 M €	+40.6%	3,8 M €	+163%	1,4 M €	+36.7%	1 M €	-94.6%	19,4 M €	-3.6%	20,1 M €	+233%	6 M €	+132%	2,6 M €	+141%	1,1 M €	+10.2%	981 k €	+1559%	59,1 k €	+1157%	4,7 k €	+140%	2 k €
Debts	56,9 M €	+37.7%	41,3 M €	-21.2%	52,5 M €	-21.1%	66,5 M €	+72.3%	38,6 M €	+54.8%	24,9 M €	+3.7%	24 M €	+29.8%	18,5 M €	-26.1%	25,1 M €	+29.8%	19,3 M €	+418%	3,7 M €	+68.0%	2,2 M €	+229%	674,8 k €	-51.6%	1,4 M €	+1095%	116,7 k €	+23853%	487,2 €	-19.1%	602,2 €
Other
Workforce	28,9 ETP	+10.7%	26,1 ETP	+5.2%	24,8 ETP	+12.7%	22,0 ETP	+2.8%	21,4 ETP	+5.4%	20,3 ETP	+3.0%	19,7 ETP	+27.1%	15,5 ETP		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 24 ended

Active mandates

Nuts Groep BV

Director · since 11 novembre 2024

Represented by Sven PRONK

Active

Ended mandates

Nuts Groep BV 1

Director · since 11 novembre 2024

Represented by Sven PRONK

Ended

Q&A MANAGEMENT

Director · since 01 octobre 2021 · until 25 septembre 2023 · 0731.821.250

Represented by Florentina Barbara Elizabeth RASENBERG

Ended

Q&A MANAGEMENT

Director · since 01 octobre 2021 · 0731.821.250

Represented by RASENBERG FLORENTINA BARBARA ELIZABETH

Ended

Q&A MANAGEMENT

Director · since 01 octobre 2021 · 0731.821.250

Represented by RASENBERG FLORENTINA BARBARA ELIZABETH

Ended

At this address

Other companies at this address

Company	CBE no.
Jeugdacademie Yellow Red K.V. Mechelen● Active	0875.123.607
KV MECHELEN SUPPORT● Active	0685.986.671
RADIO REFLEX MECHELEN● Active	0421.544.083
VZW MALINWA● Active	0441.193.612
YELLOW-RED KV MECHELEN● Active	0479.448.630

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	02/06/2026	04/06/2025	05/06/2024	30/06/2023	31/03/2023	08/04/2022
General meeting	01/06/2026	02/06/2025	03/06/2024	30/06/2023	31/03/2023	06/04/2022
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

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	01/06/2026	02/06/2026	Dutch	PDF
Full model	31/12/2024	02/06/2025	04/06/2025	Dutch	PDF
Full model	31/12/2023	03/06/2024	05/06/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	30/06/2023	Dutch	PDF
Full model	31/12/2021	31/03/2023	31/03/2023	Dutch	PDF
Full model	31/12/2020	06/04/2022	08/04/2022	Dutch	PDF
Full model	31/12/2019	03/03/2021	04/03/2021	Dutch	PDF
Full model	31/12/2018	31/07/2019	31/07/2019	Dutch	PDF
Full model	31/12/2017	29/06/2018	31/07/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	24/07/2017	Dutch	PDF
Full model	31/12/2015	30/06/2016	26/08/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	20/07/2015	Dutch	PDF
Abridged model	31/12/2013	02/06/2014	29/08/2014	Dutch	PDF
Abridged model	31/12/2012	29/03/2013	19/07/2013	Dutch	PDF
Abridged model	31/12/2011	04/06/2012	26/06/2012	Dutch	PDF
Abridged model	31/12/2010	06/06/2011	20/06/2011	Dutch	PDF
Abridged model	31/12/2009	07/06/2010	10/08/2010	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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 · 24 ended

Active mandates

Nuts Groep BV

Director · since 11 novembre 2024

Represented by Sven PRONK

Active

Ended mandates

Nuts Groep BV 1

Director · since 11 novembre 2024

Represented by Sven PRONK

Ended

Q&A MANAGEMENT

Director · since 01 octobre 2021 · until 25 septembre 2023 · 0731.821.250

Represented by Florentina Barbara Elizabeth RASENBERG

Ended

Q&A MANAGEMENT

Director · since 01 octobre 2021 · 0731.821.250

Represented by RASENBERG FLORENTINA BARBARA ELIZABETH

Ended

Q&A MANAGEMENT

Director · since 01 octobre 2021 · 0731.821.250

Represented by RASENBERG FLORENTINA BARBARA ELIZABETH

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates13/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/01/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/12/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/03/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/01/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/03/2021
ONTSLAGEN - BENOEMINGEN
PDF
Registered office30/12/2020
MAATSCHAPPELIJKE ZETEL - WIJZIGING RECHTSVORM
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

2025
Annual accounts 20256,6 M €↓
23/09/2025
reconductionMelissa Carton — commissaris (vaste vertegenwoordiger van KPMG Bedrijfsrevisoren BV)
2024
Annual accounts 20248,5 M €↑
11/11/2024
nominationSven Pronk — vaste vertegenwoordiger
2023
Annual accounts 20238 M €↑
2022
Annual accounts 20223,8 M €↑
2021
Annual accounts 2021-4,5 M €↓
2020
Annual accounts 20202,4 M €↑
2019
Annual accounts 2019-329 k €↑
2018
Annual accounts 2018-502,4 k €↑
2017
Annual accounts 2017-995,4 k €↓
2016
Annual accounts 2016508,1 k €↑
2015
Annual accounts 2015178 k €↑
2014
Annual accounts 201421,2 k €↑
2013
Annual accounts 20139,9 k €↓
2012
Annual accounts 201230,8 k €↑
2011
Annual accounts 2011-6 k €↓
2010
Annual accounts 2010-1 k €↑
2009
Annual accounts 2009-4,3 k €
03/07/2008
IncorporationPrivate 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

ELEGANT

Overview

What does ELEGANT do?

Trend over 17 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