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ELLUMO

Active Risk: not assessed
Partnership limited by sharesfounded 2008active for 17 yearsSint-Margaretastraat 1, 2500 Lier, BelgiumKBO/BCE: BE 0808.959.016

Financials · financial year 2025, abbreviated format

Annual accounts 2025 filed on 18-04-2026 PDF all 16 filings

Equity
€370,491▲ 26.2%
2024 · €293,610
Total assets
€567,612▼ 1.6%
2024 · €576,863
Net result
€76,881
2024 · -€18,013
Working capital
-€192,417▼ 3.4%
2024 · -€186,127
Multi-year overview
2019 to 2025, 7 financial years
Operating result
€76,948
2025
20192025
Net result
€76,881
2025
middle half of the sector
20192025
Equity
€370,491
▲ 26.2% 2025
middle half of the sector
20192025
Total assets
€567,612
▼ 1.6% 2025
middle half of the sector
20192025
Debt
€197,121
▲ 4.3% 2025
20192025
Working capital
-€192,417
▼ 3.4% 2025
lowest quarter of the sector
20192025
Solvency
65.3%
▲ 14.4pp 2025
highest quarter of the sector
20192025
Current ratio
0.01
▼ 0.01 2025
lowest quarter of the sector
20192025
Return on assets (ROA)
13.5%
▲ 16.7pp 2025
highest quarter of the sector
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result-€65,637--€48,735▲ 25.8%-€21,161▲ 56.6%-€20,046▲ 5.3%-€21,064▼ 5.1%-€17,932▲ 14.9%€76,948
Net result-€68,574--€49,895below the sector's middle half▲ 27.2%-€21,434below the sector's middle half▲ 57.0%-€20,259below the sector's middle half▲ 5.5%€8,002within the sector's middle half-€18,013below the sector's middle half€76,881within the sector's middle half
Equity€395,208-€345,313within the sector's middle half▼ 12.6%€323,880within the sector's middle half▼ 6.2%€303,621within the sector's middle half▼ 6.3%€311,622within the sector's middle half▲ 2.6%€293,610within the sector's middle half▼ 5.8%€370,491within the sector's middle half▲ 26.2%
Total assets€697,304-€629,059within the sector's middle half▼ 9.8%€604,350within the sector's middle half▼ 3.9%€594,898within the sector's middle half▼ 1.6%€607,375within the sector's middle half▲ 2.1%€576,863within the sector's middle half▼ 5.0%€567,612within the sector's middle half▼ 1.6%
Debt€207,838-€189,487▼ 8.8%€186,211▼ 1.7%€197,019▲ 5.8%€201,494▲ 2.3%€188,995▼ 6.2%€197,121▲ 4.3%
Working capital-€49,819--€178,252below the sector's middle half▼ 258%-€183,415below the sector's middle half▼ 2.9%-€195,102below the sector's middle half▼ 6.4%-€167,938below the sector's middle half▲ 13.9%-€186,127below the sector's middle half▼ 10.8%-€192,417below the sector's middle half▼ 3.4%
Solvency56.7%-54.9%within the sector's middle half▼ 1.8pp53.6%within the sector's middle half▼ 1.3pp51.0%within the sector's middle half▼ 2.6pp51.3%within the sector's middle half▲ 0.3pp50.9%within the sector's middle half▼ 0.4pp65.3%above the sector's middle half▲ 14.4pp
Current ratio0.76-0.06below the sector's middle half▼ 0.700.00below the sector's middle half▼ 0.060.01below the sector's middle half▲ 0.010.13below the sector's middle half▲ 0.120.02below the sector's middle half▼ 0.110.01below the sector's middle half▼ 0.01
Return on assets (ROA)-9.8%--7.9%below the sector's middle half▲ 1.9pp-3.5%below the sector's middle half▲ 4.4pp-3.4%below the sector's middle half▲ 0.1pp1.3%within the sector's middle half▲ 4.7pp-3.1%below the sector's middle half▼ 4.4pp13.5%above the sector's middle half▲ 16.7pp
above within below The sector band is the middle half of the companies in Rental and leasing activities (NACE 77). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is a profit of €76,948, after a loss of €17,932 in 2024. It is the highest result since 2021.

Turnover and EBIT margin are not published. The abbreviated format does not require them.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €567,612
Fixed assets €565,680 ▼ 1.4%
Current assets €1,932 ▼ 32.6%
Equity and liabilities €567,612
Equity €370,491 ▲ 26.2%
Provisions €0 ▼ 100%
Debt €197,121 ▲ 4.3%
Debt's share of the balance-sheet total rises from 32.8% to 34.7%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
ROE
20.8%▲
2024 · -6.1%
Debt ≤ 1 year
€194,349▲
2024 · €188,995
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€576,863€567,612▼
Fixed assets21/28€573,995€565,680▼
Tangible fixed assets22/27€173,995€165,680▼
Plant, machinery and equipment23€1,799€1,399▼
Furniture and vehicles24€3,939€3,151▼
Other tangible fixed assets26€168,257€161,129▼
Financial fixed assets28€400,000€400,000=
Current assets29/58€2,868€1,932▼
Amounts receivable within one year40/41€2,463€642▼
Other amounts receivable41€2,463€642▼
Cash at bank and in hand54/58€234€1,111▲
Deferred charges and accrued income490/1€171€179▲
Equity and liabilities
Total equity and liabilities10/49€576,863€567,612▼
Equity10/15€293,610€370,491▲
Contributions10/11€405,016€405,016=
Capital10€405,016€405,016=
Issued capital100€405,016€405,016=
Reserves13€39,741€39,741=
Non-distributable reserves130/1€3,400€3,400=
Legal reserve130€3,400€3,400=
Distributable reserves133€36,341€36,341=
Profit (loss) carried forward14-€151,147-€74,266▲
Provisions and deferred taxes16€94,259-
Provisions for liabilities and charges160/5€94,259-
Other liabilities and charges164/5€94,259-
Amounts payable17/49€188,995€197,121▲
Amounts payable within one year42/48€188,995€194,349▲
Trade debts44€12,940-
Suppliers440/4€12,940-
Other amounts payable47/48€176,055€194,349▲
Accrued charges and deferred income492/3-€2,772
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,315€8,315=
Provisions for liabilities and charges: additions (uses and reversals)635/8--€94,259
Other operating charges640/8€464€981▲
Non-recurring operating charges66A€47-
Gross operating margin9900-€9,106-€8,015▲
Operating profit (loss)9901-€17,932€76,948▲
Financial income75/76B€1-
Recurring financial income75€1-
Financial charges65/66B€81€67▼
Recurring financial charges65€81€67▼
Profit (loss) for the period before taxes9903-€18,013€76,881▲
Profit (loss) for the period9904-€18,013€76,881▲
Profit (loss) for the period to be appropriated9905-€18,013€76,881▲
Appropriation of the result
Profit (loss) to be appropriated9906-€151,147-€74,266▲
Profit (loss) brought forward from the previous period14P-€133,134-€151,147▼

The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 18-04-2026.

Line2019202020212022202320242025Change
Non-recurring operating income76A--€12,201-----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,263€10,769€9,822€9,493€8,315€8,315€8,315=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€5,135-----
Provisions for liabilities and charges: additions (uses and reversals)635/8-------€94,259-
Other operating charges640/8--€785€518€226€464€981▲ 112%
Non-recurring operating charges66A---€1,239-€47--
Gross operating margin9900-€55,805-€34,745-€5,419-€8,796-€12,523-€9,106-€8,015▲ 12.0%
Operating profit (loss)9901-€65,637-€48,735-€21,161-€20,046-€21,064-€17,932€76,948-
Financial income75/76B---€0€29,191€1--
Recurring financial income75€8€1-€0€29,191€1--
Non-recurring financial income76B----€29,191---
Financial charges65/66B--€272€63€74€81€67▼ 17.7%
Recurring financial charges65€2,944€1,162€272€63€74€81€67▼ 17.7%
Profit (loss) for the period before taxes9903-€68,574-€49,895-€21,434-€20,109€8,053-€18,013€76,881-
Income taxes67/77---€149€51---
Profit (loss) for the period9904-€68,574-€49,895-€21,434-€20,259€8,002-€18,013€76,881-
Profit (loss) for the period to be appropriated9905-€68,574-€49,895-€21,434-€20,259€8,002-€18,013€76,881-
Line2019202020212022202320242025Change
Assets
Total assets20/58€697,304€629,059€604,350€594,898€607,375€576,863€567,612▼ 1.6%
Formation expenses20€170€122------
Fixed assets21/28€539,116€617,701€603,713€592,981€582,311€573,995€565,680▼ 1.4%
Tangible fixed assets22/27€138,916€217,501€203,713€192,981€182,311€173,995€165,680▼ 4.8%
Plant, machinery and equipment23--€4,237€2,599€2,199€1,799€1,399▼ 22.2%
Furniture and vehicles24--€9,836€7,870€4,727€3,939€3,151▼ 20.0%
Other tangible fixed assets26--€189,640€182,513€175,385€168,257€161,129▼ 4.2%
Financial fixed assets28€400,200€400,200€400,000€400,000€400,000€400,000€400,000=
Current assets29/58€158,019€11,235€636€1,917€25,064€2,868€1,932▼ 32.6%
Amounts receivable within one year40/41€2,965€3,937€337€450€24,511€2,463€642▼ 73.9%
Trade receivables40--€162€158€22,581---
Other amounts receivable41--€175€292€1,930€2,463€642▼ 73.9%
Cash at bank and in hand54/58€153,271€5,313€278€192€393€234€1,111▲ 374%
Deferred charges and accrued income490/1--€21€1,275€160€171€179▲ 4.8%
Equity and liabilities
Total equity and liabilities10/49€697,304€629,059€604,350€594,898€607,375€576,863€567,612▼ 1.6%
Equity10/15€395,208€345,313€323,880€303,621€311,622€293,610€370,491▲ 26.2%
Contributions10/11€405,016€405,016€405,016€405,016€405,016€405,016€405,016=
Capital10--€405,016€405,016€405,016€405,016€405,016=
Issued capital100--€405,016€405,016€405,016€405,016€405,016=
Reserves13€39,741€39,741€39,741€39,741€39,741€39,741€39,741=
Non-distributable reserves130/1--€3,400€3,400€3,400€3,400€3,400=
Legal reserve130--€3,400€3,400€3,400€3,400€3,400=
Distributable reserves133--€36,341€36,341€36,341€36,341€36,341=
Profit (loss) carried forward14-€49,549-€99,444-€120,877-€141,136-€133,134-€151,147-€74,266▲ 50.9%
Provisions and deferred taxes16€94,259€94,259€94,259€94,259€94,259€94,259--
Provisions for liabilities and charges160/5--€94,259€94,259€94,259€94,259--
Other liabilities and charges164/5--€94,259€94,259€94,259€94,259--
Amounts payable17/49€207,838€189,487€186,211€197,019€201,494€188,995€197,121▲ 4.3%
Amounts payable within one year42/48€207,838€189,487€184,051€197,019€193,002€188,995€194,349▲ 2.8%
Trade debts44€18,546€8,559€2,542€2,125€1,526€12,940--
Suppliers440/4--€2,542€2,125€1,526€12,940--
Taxes, remuneration and social security45---€149€5,473---
Taxes450/3---€149€5,473---
Other amounts payable47/48--€181,509€194,744€186,004€176,055€194,349▲ 10.4%
Accrued charges and deferred income492/3--€2,161-€8,492-€2,772-
Line2019202020212022202320242025Change
Profit (loss) for the period9904-€68,574-€49,895-€21,434-€20,259€8,002-€18,013€76,881-
+ Depreciation and write-downs630€5,263€10,769€9,822€9,493€8,315€8,315€8,315=
Operating cash flow (approximation)-€63,311-€39,126-€11,612-€10,766€16,317-€9,697€85,196-
Investment in fixed assets (approximation)--€89,354€4,166€1,239€2,355€0€0-
Change in cash--€147,958-€5,035-€86€201-€159€877-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 16 filings with the National Bank
Financial year Type Filed Reference Document
30-09-2025 abbreviated format 18-04-2026 2026-00082059 PDF
30-09-2024 abbreviated format 29-03-2025 2025-00057562 PDF
30-09-2023 abbreviated format 29-04-2024 2024-00071864 PDF
30-09-2022 abbreviated format 28-03-2023 2023-00046435 PDF
30-09-2021 abbreviated format 28-04-2022 2022-20011392 PDF
30-09-2020 abbreviated format 29-04-2021 2021-11600597 PDF
30-09-2019 abbreviated format 30-03-2020 2020-07700575 PDF
30-09-2018 abbreviated format 12-04-2019 2019-09800199 PDF
31-12-2016 abbreviated format 28-07-2017 2017-36700397 PDF
31-12-2015 abbreviated format 29-07-2016 2016-36900381 PDF

Show all 16 filings

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