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ELFIL

Active Private limited companyfounded 2007active for 19 yearsWesterring 7, 9700 OudenaardeKBO/BCE: BE 0886.133.503 #2 company by total assets in Oudenaarde, Professional and technical services sector

Lifetime

18 annual accounts with figures on one time axis, 19 filings since 2007
peak €3.2m (2018)
€1.6m▼ 13.6%
peak €12.2m (2024)
€3.6m▼ 3.7%
peak €40.6m (2026)
€40.6m▲ 8.4%
€4.3m▲ 0.7%
Board2 names since 2022
2 directorsVAN DEN DORPE Filip Omer Palmyre and 1 other
Documentsfilings and deeds
22-09-202639 days before the deadline
2026abbreviated format
Gross margin from €1.8m to €1.6mDividend €500,030Investments €487,951

Key points

from the 2026 annual accounts

Equity

€40.6m ▲ 8.4%

ELFIL has made a profit in every financial year since 2008.

Turnover

≈ €2.7m estimated

The abbreviated format states no turnover.

Investments

€294,201 2.6 × depreciation
20222023202420252026

Green is investment, beige is depreciation.

Filings

19 annual accounts since 2007
deadline2010201520202025

The last five annual accounts were filed 31 to 39 days before the end of the period.

Position in the sector

€3.6m

Higher net result than 95% of companies in advertising and market research. Sector median €13,743 · 93 companies.

Checked score

98
Excellent
Financially stronger than 81% of all companies
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 27 companies (NACE 73, large).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025lowest value 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026highest value 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

100=equity 90.4% of total assets
60=short-term debt 1.4% · cash 7.8%
79-1return on assets 8.1%

Score breakdown

lowers risk
Size: total assets €44.9m
Figures for financial year 2026 (filed on 25-09-2026)
Founded in 2007
Equity €40.6m (90.4% of total assets)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (all companies). It does better than 93% of them on solvency, 84% on liquidity, 81% on profitability and 65% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-03-2026.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 449 companies had the same profile as ELFIL has now. Each dot is one company, two years later.

96.9%
were still trading
3.1%
stopped another way
0.0%
went bankrupt
  • Large
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
  • without age

That fits the bankruptcy probability of ELFIL itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 449 companies, not a prediction for ELFIL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €3,950,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 48.4 (44.84 in 2025), above the usual 1.5. Short-term debt is 1.4% and cash 7.8% of total assets. 9.6% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Size: total assets €44.9m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2026 (filed on 25-09-2026)
NBB · annual accounts
lowers risk · Founded in 2007
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €40.6m (90.4% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 22-09-2026, 39 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
39 days early
2025
39 days early
2024
31 days early
2023
35 days early
2022
39 days early
2021
33 days early
2020
37 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 36 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 22 September (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

Shares in 2 companies, Van Den Dorpe Finance and VAN DEN DORPE MATERIAL HANDLING

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0886133503
Capital decrease of €2,619,000 to €31,000 Capital from €2,650,000 to €31,000, 340 shares cancelled · Reappointments: Van den Dorpe Filip Omer Palmyre (director) and Vanrobaeys Els Rose Laurent (director) · General meeting of 26-04-2022 · Gazette deed
First establishment Westerring 7, Oudenaarde
Incorporation published on 15-01-2007 · Gazette deed
All 32 events

Comparable companies

same main activity, similar in size and age
Company
ELFIL Oudenaarde €44.9m €1.6m 90.4% -
Wonderbox Woluwe-Saint-Lambert €37.1m €1.7m 2.6% 17
THE SMILEY COMPANY Brussels €44.6m €2.9m 94.1% 1.3
CTM Kontich €31.0m €0.6m 96.1% 5.7
DRIGIMA Geel €17.4m €1.5m 36.7% 0
BELUFLO Brussels €54.6m €0.5m 74.9% -
AMNASSEN Woluwe-Saint-Pierre €16.1m €1.0m 63.2% -

These companies have the same main activity as ELFIL: public relations and communication consultancy (NACE 73300). They are comparable in size and age: total assets between €16m and €55m, founded between 1999 and 2010.

Official details

Source: KBO
Status
Active since 04-01-2007Normal situation
Activity
Public relations and communication consultancyNACE 73300
Establishment unit
2.159.010.6579700 Oudenaarde, since 30-01-2007
Financial year end
31 March
Peppol
Reachable since 21-10-2026
Company details

Annual accounts to 31-03-2026

€44.9m▲ 7.6%
Filing
Filed on 22-09-2026, 39 days before the end of the filing period
Financials

Insights on ELFIL

ELFIL files the abbreviated format. That format states no turnover. The gross margin rose from €178,941 in 2008 to €1.6m in 2026.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about ELFIL

What is the company number of ELFIL?
The company number of ELFIL is 0886.133.503. The VAT number is the same number with BE in front: BE 0886.133.503.
Where is ELFIL based?
The registered office is at Westerring 7, 9700 Oudenaarde.Company details
What does ELFIL do?
According to the KBO register, the main activity is public relations and communication consultancy (NACE 73300).
What is the legal form of ELFIL?
ELFIL is a private limited company (BV).
When was ELFIL founded?
ELFIL was founded on 04-01-2007.
Is ELFIL still active?
Yes, ELFIL is an active enterprise in the KBO register.
What is the turnover of ELFIL?
The turnover in financial year 2026 is ≈ €2.7m. This figure is estimated from the gross margin of €1.6m and 1,585 comparable companies of the same size. It probably lies between €1.9m and €4.5m. It is a rough estimate. In financial year 2022 turnover was €1.5m.Financials
Is ELFIL profitable?
In financial year 2026, ELFIL made a profit of €3.6m.
Where can I find the annual accounts of ELFIL?
ELFIL filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of ELFIL due?
ELFIL must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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