EL-CO +
The computed 12-month bankruptcy probability of EL-CO + is 1.4% (low). The 2024 annual accounts show negative equity (€-31k) and a net result of €-31k. Its solvency ranks better than 9% of 768 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-31k |
| Net result | €-31k |
| Better than sector | 9% |
| Active | 2 yrs |
Strong profile, led by profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -15.5% | 16.3% | |
| Net result | €-31k | €-2k | |
| Equity | €-31k | €129k | |
| Gross operating margin | €-21k | €45k | |
| Total assets | €203k | €1.71M |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | - |
| Net profit | €-31k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €203k |
| Equity | €-31k |
| Debt | €234k |
| of which ≤ 1y | €94k |
| of which > 1y | €140k |
| Working capital | €109k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 2.15 |
| Quick ratio | 0.03 |
| Working capital ratio | 53.6% |
| Solvency | -15.5% |
| Debt / equity | -7.46 |
| Long-term debt ratio | -4.46 |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -15.5% |
| ROE | 100.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €203k |
| Current assets | 29/58 | €203k |
| Stocks & contracts in progress | 3 | €200k |
| Amounts receivable within one year | 40/41 | €2k |
| Cash & bank | 54/58 | €800 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €203k |
| Equity | 10/15 | €-31k |
| Accumulated profits (losses) | 14 | €-31k |
| Amounts payable | 17/49 | €234k |
| Amounts payable after one year | 17 | €140k |
| Amounts payable within one year | 42/48 | €94k |
| Trade debts payable within one year | 44 | €652 |
| Income statement | ||
| Gross operating margin | 9900 | €-21k |
| Operating result | 9901 | €-22k |
| Financial charges | 65 | €9k |
| Result before taxes | 9903 | €-31k |
| Net result for the period | 9904 | €-31k |
| Result to be appropriated | 9905 | €-31k |
| NACE primary | Real estate activities(68121) |
| Legal form | Private limited company(610) |
| Incorporation | 01-09-2023 |
| Status | Active |
| Postal code | 6740 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 85009C2582/00A000 | Wallonia | 2,228 m² | - | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
24-10-2024 Articles of association amended, translation of the articles, coordination of the articles and amendment of specific articles
Technical details
{
"notary": {
"name": "Florence SCHMIT",
"firm_city": null,
"firm_name": null,
"office_city": "Etalle",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2024-10-24",
"filing_date": "2024-10-22",
"act_kind_objet": "STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS), OBJET"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"act_date": "2024-10-15",
"unanimous": true
},
"statute_change": {
"kinds": [
"translation",
"coordination",
"targeted_amendment",
"object_change"
],
"scope": "translation_only",
"trigger": "wvv_adaptation",
"language_after": "nl",
"language_before": "fr"
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0805.399.512",
"name_full_after": "EL-CO \u002B",
"legal_form_after": "Soci\u00E9t\u00E9 \u00E0 responsabilit\u00E9 limit\u00E9e",
"name_full_before": "EL-CO \u002B",
"current_zetel_raw": "Lenclos 74 bte A : 6740 Etalle",
"legal_form_before": "Soci\u00E9t\u00E9 \u00E0 responsabilit\u00E9 limit\u00E9e"
},
"special_mandates": [],
"articles_modified": [
{
"summary": "De object van de vennootschap is uitgebreid met een gedetailleerde, niet-exhaustieve lijst van activiteiten gerelateerd aan onroerend goed, inclusief transacties, investeringen, verhuur, projectmanagement en financiering, evenals de mogelijkheid om te handelen voor derden en te fungeren als administ",
"new_text": "La soci\u00E9t\u00E9 a pour objet, tant pour son propre compte que pour compte de tiers ou en participation avec des tiers,\na. toutes transactions, promotions, interm\u00E9diations, investissements et plus g\u00E9n\u00E9ralement\nop\u00E9rations, en rapport avec des biens immobiliers et la mutation sous quelque forme que ce soit\n(achat, vente, \u00E9change\u2026), de tous biens (Maisons, appartements, \u2026) ou ensemble immobiliers\n(lotissem",
"change_kind": "amended",
"article_title": null,
"article_number": "3"
}
],
"governance_change": null,
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
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"org_rep_person_name": null
},
"co_filed_documents": [],
"shareholder_rights": null,
"voorwerp_change_summary": "De voorwerp van de vennootschap is uitgebreid met een gedetailleerde lijst van activiteiten gerelateerd aan onroerend goed, waaronder transacties, investeringen, verhuur, projectmanagement en financiering, evenals de mogelijkheid om te handelen voor derden en te fungeren als administrator in andere vennootschappen.",
"capital_structure_change": null,
"coordinated_text_lineage": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | EL-CO + |