E.L. Projects
Annual accounts 2025
micro format, filed on 08-09-2026, 39 days lateTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €55,000. Estimated: probably between €25,000 and €79,000.
Balance sheet
balance sheet total €13,147 on 31-12-2025in euro
in euro
Position in the sector
-17.2%
Higher than 7% of 37,177 companies in 2025.
0.88
Higher than 17% of 36,472 companies in 2025.
22.9%
Higher than 81% of 36,707 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 202315 months | 2022 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||
20/58 |
13,147 | 4,521 | 6,012 | 160 | 11,129 | 247 | 75 | 71 | 363 | 162 | 102 | 233 | 2,276 | 2,196 | 2,196 | |
29/58 |
13,147 | 4,521 | 6,012 | 160 | 11,129 | 247 | 75 | 71 | 363 | 162 | 102 | 233 | 2,276 | 2,196 | 2,196 | |
40/41 |
9,564 | 4,450 | 6,000 | 120 | 10,000 | - | - | - | - | 91 | 91 | 91 | 2,191 | 2,191 | 2,191 | |
40 |
4,450 | 4,450 | 6,000 | 120 | 10,000 | - | - | - | - | - | - | - | - | - | - | |
41 |
5,114 | - | - | - | - | - | - | - | - | 91 | 91 | 91 | 2,191 | 2,191 | 2,191 | |
54/58 |
3,583 | 71 | 12 | 40 | 1,129 | 247 | 75 | 71 | 363 | 71 | 11 | 142 | 85 | 5 | 5 | |
| Balance sheet: equity and liabilities | ||||||||||||||||
10/49 |
13,147 | 4,521 | 6,012 | 160 | 11,129 | 247 | 75 | 71 | 363 | 162 | 102 | 233 | 2,276 | 2,196 | 2,196 | |
10/15 |
-2,260 | -5,271 | -4,825 | -6,533 | -4,007 | -12,830 | -10,854 | -9,064 | -7,331 | -6,015 | -5,452 | -2,924 | -1,462 | -1,039 | 501 | |
10/11 |
7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | |
100 |
- | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | 11,600 | 11,600 | 11,600 | 11,600 | 11,600 | 11,600 | 11,600 | 11,600 | 11,600 | 11,600 | |
11 |
- | - | - | - | 7,000 | - | - | - | - | - | - | - | - | - | - | |
1109/19 |
- | - | - | - | 7,000 | - | - | - | - | - | - | - | - | - | - | |
14 |
-9,260 | -12,271 | -11,825 | -13,533 | -11,007 | -19,830 | -17,854 | -16,064 | -14,331 | -13,015 | -12,452 | -9,924 | -8,462 | -8,039 | -6,499 | |
17/49 |
15,407 | 9,792 | 10,837 | 6,693 | 15,136 | 13,077 | 10,929 | 9,135 | 7,694 | 6,177 | 5,554 | 3,157 | 3,738 | 3,236 | 1,695 | |
42/48 |
14,911 | 9,792 | 10,837 | 6,693 | 15,136 | 13,077 | 10,929 | 9,135 | 7,694 | 6,177 | 5,554 | 3,157 | 3,738 | 3,236 | 1,695 | |
44 |
6,298 | 2,469 | 3,514 | - | 2,418 | 2,979 | 3,131 | 2,107 | 911 | - | 880 | 1,107 | 3,738 | 3,236 | 1,695 | |
440/4 |
6,298 | 2,469 | 3,514 | - | 2,418 | 2,979 | 3,131 | 2,107 | 911 | - | 880 | 1,107 | 3,738 | 3,236 | 1,695 | |
47/48 |
8,613 | 7,323 | 7,323 | 6,693 | 12,718 | 10,098 | 7,798 | 7,028 | 6,783 | 6,177 | 4,674 | 2,050 | - | - | - | |
492/3 |
496 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Income statement | ||||||||||||||||
9900 |
5,530 | -382 | 1,864 | -797 | 8,840 | -1,498 | -1,419 | -1,493 | -1,259 | -348 | -242 | -484 | -193 | -508 | -182 | |
640/8 |
120 | - | 109 | - | - | 248 | 96 | - | - | 185 | 374 | 966 | 369 | 1,033 | 828 | |
9901 |
5,410 | -382 | 1,755 | -797 | 8,840 | -1,746 | -1,515 | -1,493 | -1,259 | -533 | -616 | -1,450 | -562 | -1,541 | -1,010 | |
75/76B |
- | - | - | - | - | - | - | - | - | 4 | - | - | 175 | - | - | |
75 |
- | - | - | - | - | - | - | - | - | 4 | - | - | 175 | - | - | |
65/66B |
1,943 | 64 | 47 | 61 | 17 | 230 | 275 | 240 | 57 | 34 | 12 | 12 | 36 | - | 108 | |
65 |
1,943 | 64 | 47 | 61 | 17 | 230 | 275 | 240 | 57 | 34 | 12 | 12 | 36 | - | 108 | |
9903 |
3,467 | -446 | 1,708 | -858 | 8,823 | -1,976 | -1,790 | -1,733 | -1,316 | -563 | -628 | -1,462 | -423 | -1,541 | -1,118 | |
67/77 |
456 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9904 |
3,011 | -446 | 1,708 | -858 | 8,823 | -1,976 | -1,790 | -1,733 | -1,316 | -563 | -628 | -1,462 | -423 | -1,541 | -1,118 | |
9905 |
3,011 | -446 | 1,708 | -858 | 8,823 | -1,976 | -1,790 | -1,733 | -1,316 | -563 | -628 | -1,462 | -423 | -1,541 | -1,118 | |
| Appropriation of the result | ||||||||||||||||
9906 |
-9,260 | -12,271 | -11,825 | -13,533 | -11,007 | -19,830 | -17,854 | -16,064 | -14,331 | -13,015 | -12,452 | -9,924 | -8,462 | -8,039 | -6,499 | |
14P |
-12,271 | -11,825 | -13,533 | -12,675 | - | - | - | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||
The accounts for 6 older financial years (2003-2008) were filed as documents without figures as data, scans for example.
The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 08-09-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 39 days after the deadline. Filed on 8 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00508981.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 08-09-2026 | 2026-00508981 | |
| 31-12-2024 | micro format | 28-08-2025 | 2025-00459463 | |
| 31-12-2023 | micro format | 09-02-2025 | 2025-00031818 | |
| 30-09-2022 | micro format | 24-03-2023 | 2023-00048091 | |
| 30-09-2020 | micro format | 06-07-2021 | 2021-33000311 | |
| 30-09-2019 | micro format | 02-05-2020 | 2020-11500538 | |
| 30-09-2018 | micro format | 09-04-2019 | 2019-10000178 | |
| 30-09-2017 | micro format | 03-05-2018 | 2018-12500287 | |
| 30-09-2016 | abbreviated format | 10-08-2017 | 2017-43000577 | |
| 30-09-2015 | abbreviated format | 16-08-2016 | 2016-44800443 | |
| 30-09-2014 | abbreviated format | 27-03-2015 | 2015-08200449 | |
| 30-09-2012 | abbreviated format | 07-05-2013 | 2013-11700057 | |
| 30-09-2011 | abbreviated format | 07-05-2013 | 2013-11700058 | |
| 30-09-2010 | abbreviated format | 04-11-2011 | 2011-60000320 | |
| 30-09-2009 | abbreviated format | 07-06-2010 | 2010-15600269 | |
| 30-09-2008 | abbreviated format | 05-05-2009 | 2009-13800251 | |
| 30-09-2007 | abbreviated format | 29-04-2008 | 2008-11400199 | |
| 30-09-2006 | abbreviated format | 27-03-2007 | 2007-09502112 | |
| 30-09-2005 | abbreviated format | 08-03-2006 | 2006-06603773 | |
| 30-09-2004 | abbreviated format | 04-04-2005 | 2005-10404932 | |
| 30-09-2003 | abbreviated format | 31-03-2004 | 2004-09504022 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 202315 months | 2022 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3,512 | 59 | -28 | - | 882 | 172 | 4 | -292 | 292 | 60 | - | 57 | 80 | 0 | - | ||
| -1,764 | -5,271 | -4,825 | -6,533 | -4,007 | -12,830 | -10,854 | -9,064 | -7,331 | -6,015 | -5,452 | -2,924 | -1,462 | -1,039 | 501 | ||
| -17.2% | - | -80.3% | - | -36.0% | - | - | - | - | - | - | - | - | - | - | ||
| 0.88 | - | 0.55 | - | 0.74 | - | - | - | - | - | - | - | - | - | - | ||
| 22.9% | - | 28.4% | - | 79.3% | - | - | - | - | - | - | - | - | - | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on E.L. Projects
The operating result for 2025 is a profit of €5,410, after a loss of €382 in 2024. It is the highest result since 2020.
Equity is negative. Debt (€15,407) exceeds the balance-sheet total (€13,147).