E.L.X. Group
ActiveE.L.X. Group has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €38k and a net result of €6k. Equity is growing by ~32.1% per year across the filed fiscal years. Its solvency ranks better than 71% of 9388 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▼-17
Solvency99▲+4
Growth52=
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 3.69 against 3.24 in 2024; short-term debt: 25.9% and cash: 80.5% of total assets), and 25.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
74.1%
Return on assets
12.3%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-06-2026, 59 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
59 d early
2024
71 d early
2023
29 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€38k▲ 19.9%
2024 · €32k
2023: €18k
2024: €32k
2023 → 2025
Total assets
€51k▲ 13.2%
2024 · €45k
2023: €34k
2024: €45k
2023 → 2025
Net result
€6k▼ 59.1%
2024 · €15k
2023: €16k
2024: €15k
2023 → 2025
Working capital
€36k▲ 17.6%
2024 · €31k
2023: €16k
2024: €31k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€18k-€32k▲ 79.7%€38k▲ 19.9%
Operating result€20k-€22k▲ 9.4%€10k▼ 56.3%
Net result€16k-€15k▼ 1.3%€6k▼ 59.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 56% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €51k
Fixed assets
€2k▲ 79.9%
Current assets
€49k▲ 11.4%
Equity and liabilities €51k
Equity
€38k▲ 19.9%
Debt
€13k▼ 2.4%
The debt ratio falls from 30.1% to 25.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€10k
Cash flow
€7k
Solvency
74.1%▲
2024 · 69.9%
Current ratio
3.69▲
2024 · 3.24
Quick ratio
3.69▲
2024 · 3.24
Debt / equity
0.35▼
2024 · 0.43
ROE
16.6%▼
2024 · 48.7%
ROA
12.3%▼
2024 · 34.1%
Interest coverage
5.92
Debt
€13k▼
2024 · €14k
Debt ≤ 1 year
€13k▼
2024 · €14k
Income taxes
€4k▼
2024 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€45k€51k▲
Fixed assets21/28€1k€2k▲
Tangible fixed assets22/27-€950
Plant, machinery and equipment23-€950
Financial fixed assets28€1k€1k=
Current assets29/58€44k€49k▲
Amounts receivable within one year40/41€8k€8k▼
Trade receivables40€7k€5k▼
Other amounts receivable41€524€3k▲
Cash at bank and in hand54/58€36k€41k▲
Deferred charges and accrued income490/1-€175
Equity and liabilities
Total equity and liabilities10/49€45k€51k▲
Equity10/15€32k€38k▲
Contributions10/11€2k€2k=
Reserves13€30k€36k▲
Distributable reserves133€30k€36k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€14k€13k▼
Amounts payable within one year42/48€14k€13k▼
Financial debts43€1k€0▼
Credit institutions430/8€1k€0▼
Trade debts44€3k€5k▲
Suppliers440/4€3k€5k▲
Advances received on contracts in progress46€1k€0▼
Taxes, remuneration and social security45€5k€4k▼
Taxes450/3€5k€4k▼
Other amounts payable47/48€3k€4k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€305
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€1k€-422▼
Other operating charges640/8€963€909▼
Gross operating margin9900€24k€10k▼
Operating profit (loss)9901€22k€10k▼
Financial income75/76B€1€2k▲
Recurring financial income75€1€2k▲
Financial charges65/66B€229€2k▲
Recurring financial charges65€229€2k▲
Profit (loss) for the period before taxes9903€22k€10k▼
Income taxes67/77€6k€4k▼
Profit (loss) for the period9904€15k€6k▼
Profit (loss) for the period to be appropriated9905€15k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€15k€6k▼
Transfer from equity791/2€1k€0▼
Transfer to equity691/2€15k€6k▼
To other reserves6921€15k€6k▼
Profit to be distributed694/7€1k€0▼
Return on contributions (dividend)694€1k€0▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €6k ▼59.1%
Net result drops to €6k, the lowest in the series.
21-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Lier · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Maasfortbaan 2412500 LierGround area
135 m²
Building footprint
114 m²
Volume, LiDAR
310 m³
Parcel 12392C0033/00H003, Flanders · tallest building 10.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
E.L.X. Group
since 20222.337.717.123
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12392C0033/00H003 | Flanders | 135 m² | 1 · 114 m² | 10.7 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 1,173 EUR awarded · 1,173 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 195 EUR | 195 EUR |
| 2024 | 1 | 741 EUR | 741 EUR |
| 2023 | 1 | 237 EUR | 237 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 2,145 companies in sector 71209 we hold annual accounts for 1,085. 746 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-11-2022
Fiscal year end31-12
Activities, NACEBEL
71209Other technical testing and analysis
68322Real estate appraisal on a fee or contract basis
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.