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E-ILC

Active
Private limited companyfounded 2005active for 21 yearsSint-Jakobsstraat 10, 8000 Brugge, BelgiumKBO/BCE: BE 0873.985.242
Summary

E-ILC has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€71,431) and a net result of €68,502. Equity is growing by about 11% per year across the filed financial years. Its solvency ranks better than 9% of 1,867 sector peers (NACE 10, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Activity
Manufacture of food products
NACE 10830Retail sale of clothing and accessories for women, men, children and babies (general range) NACE 47716
1 site
Size
€433,370turnover 2025
Equity
-€71,431
Profit
€68,502
Financial health
56 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Structure
Accounts filed 28 days late3 of 6 deeds read
Why 56raises riskCapped at 59: negative equityNegative equity -€71,431Sector: Manufacture of food products (NACE 10)lowers riskLiquidity: current ratio 0.53, cash €88,326Founded in 2005Show the evidence

Checked score

Score 2025
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 56% of its sector peers (NACE 10, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 0=
equity -59.4% of total assets
Liquidity 50+12
short-term debt 159.4% · cash 73.5%
Profitability 97-3
return on assets 57.0%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.1% (3,076 companies, NACE 10, micro)
Last 24 months 11-2024: 0.6% 12-2024: 0.6%● unchanged vs 11-2024 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.7%▲ +0.1 percentage points vs 03-2025 05-2025: 0.6%▼ -0.1 percentage points vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025lowest value 07-2025: 0.7%▲ +0.1 percentage points vs 06-2025 08-2025: 0.7%● unchanged vs 07-2025 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.7%● unchanged vs 06-2026 08-2026: 1.1%▲ +0.4 percentage points vs 07-2026highest value 09-2026: 0.7%▼ -0.4 percentage points vs 08-2026 10-2026: 0.7%● unchanged vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.53, compared with 0.14 in 2024, below 1; short-term debt: 159.4% and cash: 73.5% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (NACE 10, micro): better than 6% on solvency, 48% on liquidity, 88% on profitability and 84% on growth.

The bankruptcy probability was computed on 18-10-2026 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.

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

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Negative equity -€71,431
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.53, cash €88,326
NBB · annual accounts
raises risk · Sector: Manufacture of food products (NACE 10)
KBO
lowers risk · Founded in 2005
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 1867 sector peers (2025).
NBB · sector comparison
Position among 1867 sector peers
Solvency
better than 9%
← weakest strongest →
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
28 days late
2024
4 days early
2023
6 days early
2022
6 days early
2021
24 days late
2020
28 days late
2020
58 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 17 days after the deadline; the sector median (NACE 10) for financial year 2024 is 4 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
18-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Resignation: Abdul Nasir Al-Suhail (director)Appointment: Ahmed Alagha (director) ·…
  3. Highest result from 2019 to 2025net €68,502 ▲365%

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€71,431 View
  • Positive: Result rose in 2025from €14,729 to €68,502 ▲ 365% View
  • Caution: Among the weakest 8% on equitysector median €51,972 · 1,870 companies -€71,431 View
  • Caution: Board changedlatest change 11-05-2026 · 1 in office 1 joined · 1 left View
  • Positive: 8 profitable years in a rowprofit 2025: €68,502 8 years View

By topic

Financials

Financial year
2025
Turnover
€433,370
Profit
€68,502
Solvency
-59.4%
Go to Financials

Timeline

Events
25
Since
2008
Next accounts
by 31-07-2027
  1. 27-07-2025Annual accounts filed
  2. 28-04-2025Resignation: Ahmed Hamdan ALAGHA (director)
  3. 08-01-2025Resignation: Koen DESMET (director)
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of food productsNACE 10830
Founded
24-05-2005
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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