EL ARDILLA
ActiveThe annual accounts of EL ARDILLA for fiscal year 2025 show a net loss of 69% of the equity at the start of that year. The 2025 annual accounts show equity of €3k and a net result of €-8k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 29% of 1513 sector peers (fiscal year 2025). The company has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
39
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency45▼-45
Growth68=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.17 against 2.64 in 2024; short-term debt: 79.5% and cash: 3.4% of total assets), and 79.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 59
Relative position
BE, all sectors
reference
Sector 59
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
20.5%
Return on assets
-45.1%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-8k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
29 d late
2024
67 d late
2023
18 d early
2022
19 d late
2021
28 d late
2020
28 d late
2019
21 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€90k▲ 221,087%
2021 · €41
2019: €31k
2021: €41
2019 → 2022
EBIT margin
48.3%▲ 6970.4pp
2021 · -6922.2%
2019: 18.2%
2021: -6922.2%
2019 → 2022
Net result
€-8k▲ 69.0%
2024 · €-25k
2018: €-7k
2019: €5k
2020: €5k
2021: €-16k
2022: €43k
2023: €11k
2024: €-25k
2018 → 2025
Working capital
€2k▼ 76.4%
2024 · €10k
2018: €-15k
2019: €-8k
2020: €-3k
2021: €-19k
2022: €24k
2023: €35k
2024: €10k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€41-€90k▲ 221,087%
Equity€-18k-€25k€36k▲ 46.3%€11k▼ 69.0%€3k▼ 68.8%
Operating result€-3k-€43k€12k▼ 71.5%€-24k€-7k▲ 69.8%
Net result€-16k-€43k€11k▼ 73.4%€-25k€-8k▲ 69.0%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €7k in 2025 against €24k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €17k
Fixed assets
€1k▼ 16.5%
Current assets
€16k▲ 1.0%
Equity and liabilities €17k
Equity
€3k▼ 68.8%
Debt
€14k▲ 128%
The debt ratio rises from 34.8% to 79.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-7k▲
2024 · €-24k
Cash flow
€-7k▲
2024 · €-25k
Solvency
20.5%▼
2024 · 65.2%
Current ratio
1.17▼
2024 · 2.64
Quick ratio
1.17▼
2024 · 2.64
Debt / equity
3.89▲
2024 · 0.53
ROE
-220.4%▲
2024 · -222.1%
ROA
-45.1%▲
2024 · -144.8%
Interest coverage
-6.72▲
2024 · -19.54
Debt
€14k▲
2024 · €6k
Debt ≤ 1 year
€14k▲
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€17k€17k▼
Fixed assets21/28€1k€1k▼
Tangible fixed assets22/27€517€284▼
Furniture and vehicles24€517€284▼
Financial fixed assets28€900€900=
Current assets29/58€16k€16k▲
Amounts receivable within one year40/41€15k€15k▲
Other amounts receivable41€15k€15k▲
Cash at bank and in hand54/58€599€588▼
Deferred charges and accrued income490/1€273€273=
Equity and liabilities
Total equity and liabilities10/49€17k€17k▼
Equity10/15€11k€3k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-9k€-17k▼
Amounts payable17/49€6k€14k▲
Amounts payable within one year42/48€6k€14k▲
Trade debts44€2k€6k▲
Suppliers440/4€2k€6k▲
Advances received on contracts in progress46-€744
Taxes, remuneration and social security45€1k€4k▲
Taxes450/3€1k€4k▲
Other amounts payable47/48€3k€2k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€184€234▲
Other operating charges640/8€706€923▲
Gross operating margin9900€-23k€-6k▲
Operating profit (loss)9901€-24k€-7k▲
Financial income75/76B€725€715▼
Recurring financial income75€725€715▼
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€-25k€-8k▲
Income taxes67/77€3-
Profit (loss) for the period9904€-25k€-8k▲
Profit (loss) for the period to be appropriated9905€-25k€-8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-9k€-17k▼
Profit (loss) brought forward from the previous period14P€16k€-9k▼
The notes to these accounts (7 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
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
06-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 67 days late
2024
31-12
Financial
Weakest financial yearnet €-25k ▼318%
Net result drops to €-25k, the lowest in the series; recovery starts the following year.
13-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 19 days late
2022
31-12
Financial
Back to profitnet €43k
Net result €43k after one loss-making year.
31-12
Financial
Liquidity times 99current ratio 2.15
Current ratio from 0.02 to 2.15.
28-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 28 days late
2021
28-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 28 days late
2020
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
04-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 4 days late
2018
05-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 5 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Vorst · 1 establishment unit since 2002
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.
Oude Vijversstraat 551190 VorstGround area
2,745 m²
Building footprint
543 m²
Volume, LiDAR
3,660 m³
2 parcels, Brussels, Wallonia · tallest building 10.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
El Ardilla
since 20022.098.856.108
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21382C0034/00S006 | Brussels | 2,633 m² | 1 · 433 m² | 9.4 m · 2 fl. |
| 25062F0128/00B000 | Wallonia | 112 m² | 1 · 111 m² | 10.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 484 companies in sector 59112 we hold annual accounts for 247. 78 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-12-2001
Fiscal year end31-12
Activities, NACEBEL
59112Motion picture, video and television programme production, sound recording and music publishing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.