EL COR
ActiveSummary
The computed 12-month bankruptcy probability of EL COR is 2.9% (moderate). The 2025 annual accounts show equity of €10,794 and a net result of -€1,186. Equity is shrinking by ~9.9% per year across the filed fiscal years. The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability37=
Solvency28=
Growth32=
Track record100
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.03 against 0.03 in 2024; short-term debt: 97.4% and cash: 1.8% of total assets), and 97.4% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
+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
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
2.6%
Return on assets
-0.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-08-2026, 22 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 · 6 filingsDeviation from the deadline
2025
22 d late
2024
30 d late
2023
28 d late
2022
65 d late
2021
31 d late
2020
23 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 33 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
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
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€10,794▼ 9.9%
2024 · €11,981
Total assets
€411,659▼ 0.3%
2024 · €412,762
Net result
-€1,186▼ 7.4%
2024 · -€1,105
Working capital
-€389,206▼ 0.3%
2024 · -€388,019
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€1,558-€1,095▲ 29.8%-€1,195▼ 9.2%-€1,044▲ 12.6%-€1,126▼ 7.8%
Net result-€1,596-€1,145▲ 28.3%-€2,179▼ 90.4%-€1,105▲ 49.3%-€1,186▼ 7.4%
Equity€16,410▼ 8.9%€15,265▼ 7.0%€13,086▼ 14.3%€11,981▼ 8.4%€10,794▼ 9.9%
Total assets€418,461▼ 0.5%€415,918▼ 0.6%€414,400▼ 0.4%€412,762▼ 0.4%€411,659▼ 0.3%
Debt€402,052▼ 0.1%€400,653▼ 0.3%€401,314▲ 0.2%€400,781▼ 0.1%€400,865=
Working capital-€383,590▼ 0.4%-€384,735▼ 0.3%-€386,914▼ 0.6%-€388,019▼ 0.3%-€389,206▼ 0.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1,126 in 2025 against €1,044 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €411,659
Fixed assets
€400,000 =
Current assets
€11,659 ▼ 8.6%
Equity and liabilities €411,659
Equity
€10,794 ▼ 9.9%
Debt
€400,865 =
Debt's share of the balance-sheet total rises from 97.1% to 97.4%. Equity is lower.
Key figures and ratios
Current ratio
0.03▼
2024 · 0.03
Debt to equity
37.14▲
2024 · 33.45
ROE
-11.0%▼
2024 · -9.2%
ROA
-0.3%▼
2024 · -0.3%
Debt ≤ 1 year
€400,865=
2024 · €400,781
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €402 | €405 | €628 | €451 | €465 | ▲ 3.2% |
| Gross operating margin9900 | -€1,156 | -€690 | -€567 | -€593 | -€660 | ▼ 11.3% |
| Operating profit (loss)9901 | -€1,558 | -€1,095 | -€1,195 | -€1,044 | -€1,126 | ▼ 7.8% |
| Financial charges65/66B | €38 | €50 | €61 | €61 | €61 | = |
| Recurring financial charges65 | €38 | €50 | €61 | €61 | €61 | = |
| Profit (loss) for the period before taxes9903 | -€1,596 | -€1,145 | -€1,256 | -€1,105 | -€1,186 | ▼ 7.4% |
| Income taxes67/77 | - | - | €923 | - | - | - |
| Profit (loss) for the period9904 | -€1,596 | -€1,145 | -€2,179 | -€1,105 | -€1,186 | ▼ 7.4% |
| Profit (loss) for the period to be appropriated9905 | -€1,596 | -€1,145 | -€2,179 | -€1,105 | -€1,186 | ▼ 7.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €418,461 | €415,918 | €414,400 | €412,762 | €411,659 | ▼ 0.3% |
| Fixed assets21/28 | €400,000 | €400,000 | €400,000 | €400,000 | €400,000 | = |
| Financial fixed assets28 | €400,000 | €400,000 | €400,000 | €400,000 | €400,000 | = |
| Current assets29/58 | €18,461 | €15,918 | €14,400 | €12,762 | €11,659 | ▼ 8.6% |
| Amounts receivable within one year40/41 | €4,356 | €4,501 | €4,473 | €4,213 | €4,351 | ▲ 3.3% |
| Trade receivables40 | €3,969 | €3,969 | €4,353 | €3,969 | €3,969 | = |
| Other amounts receivable41 | €387 | €532 | €119 | €244 | €382 | ▲ 56.9% |
| Cash at bank and in hand54/58 | €14,105 | €11,418 | €9,927 | €8,550 | €7,308 | ▼ 14.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €418,461 | €415,918 | €414,400 | €412,762 | €411,659 | ▼ 0.3% |
| Equity10/15 | €16,410 | €15,265 | €13,086 | €11,981 | €10,794 | ▼ 9.9% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Reserves13 | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Non-distributable reserves130/1 | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Reserves not available under the articles1311 | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Profit (loss) carried forward14 | €5,410 | €4,265 | €2,086 | €981 | -€206 | ▼ 121% |
| Amounts payable17/49 | €402,052 | €400,653 | €401,314 | €400,781 | €400,865 | = |
| Amounts payable within one year42/48 | €402,052 | €400,653 | €401,314 | €400,781 | €400,865 | = |
| Trade debts44 | - | €653 | €1,314 | €781 | €865 | ▲ 10.6% |
| Suppliers440/4 | - | €653 | €1,314 | €781 | €865 | ▲ 10.6% |
| Taxes, remuneration and social security45 | €2,052 | - | - | - | - | - |
| Taxes450/3 | €2,052 | - | - | - | - | - |
| Other amounts payable47/48 | €400,000 | €400,000 | €400,000 | €400,000 | €400,000 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,596 | -€1,145 | -€2,179 | -€1,105 | -€1,186 | ▼ 7.4% |
| Operating cash flow (approximation) | -€1,596 | -€1,145 | -€2,179 | -€1,105 | -€1,186 | ▼ 7.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€2,688 | -€1,490 | -€1,378 | -€1,242 | ▲ 9.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 22 days late
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Weakest financial yearnet -€2,179
Net result drops to -€2,179, the lowest in the series; recovery starts the following year.
04-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 65 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is 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, Andenne · 1 establishment unit since 2019
Ground area
2,237 m²
Building footprint
443 m²
Parcel 92029D0304/00D000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Vieux Tauves 98, 5300 Andenne
since 20192.290.859.193
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92029D0304/00D000 | Wallonia | 2,237 m² | 1 · 443 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company
Founded17-06-2019
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0728537009
Also
9925:BE0728537009
Registered
31-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.