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ELA SERVICES

Active
Private limited companyfounded 20233 yrs activeAlsembergsesteenweg 432, 1180 Ukkel, BelgiumKBO/BCE: BE 0801.942.550
Summary

The computed 12-month bankruptcy probability of ELA SERVICES is 4.1% (elevated). The 2024 annual accounts show equity of €48,121 and a net result of €46,121. Its solvency ranks better than 31% of 26038 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability82
Solvency36
Growth-
Track record79
Bankruptcy probability, 12 months
4.1% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.12; short-term debt: 89.2% and cash: 74.7% of total assets), and 89.2% of the assets are financed with debt.
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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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 2024
Solvency, return and age of the figures
Solvency
10.8%
Return on assets
10.4%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-09-2025, 36 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 · 1 filing
Deviation from the deadline
2024
36 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 36 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 22 May 2023, ELA SERVICES was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€48,121
Total assets
€445,581
Net result
€46,121
Working capital
€48,121

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Equity and liabilities €445,581
Equity €48,121
Debt €397,460
Debt finances 89.2% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€47,470
Cash flow
€47,104
Current ratio
1.12
Debt to equity
8.26
ROE
95.8%
ROA
10.4%
Interest coverage
81.84
Debt ≤ 1 year
€397,460

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 4.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,976 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 29 lines
Balance sheet Code2024
Assets
Total assets20/58€445,581
Current assets29/58€445,581
Amounts receivable within one year40/41€112,910
Trade receivables40€105,826
Other amounts receivable41€7,084
Cash at bank and in hand54/58€332,671
Equity and liabilities
Total equity and liabilities10/49€445,581
Equity10/15€48,121
Contributions10/11€2,000
Capital10€2,000
Issued capital100€2,000
Profit (loss) carried forward14€46,121
Amounts payable17/49€397,460
Amounts payable within one year42/48€397,460
Trade debts44€396,090
Suppliers440/4€396,090
Taxes, remuneration and social security45€1,370
Taxes450/3€1,370
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€983
Gross operating margin9900€47,470
Operating profit (loss)9901€46,487
Financial income75/76B€214
Recurring financial income75€214
Financial charges65/66B€580
Recurring financial charges65€580
Profit (loss) for the period before taxes9903€46,121
Profit (loss) for the period9904€46,121
Profit (loss) for the period to be appropriated9905€46,121
Appropriation of the result
Profit (loss) to be appropriated9906€46,121

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€983
Gross operating margin9900€47,470
Operating profit (loss)9901€46,487
Financial income75/76B€214
Recurring financial income75€214
Financial charges65/66B€580
Recurring financial charges65€580
Profit (loss) for the period before taxes9903€46,121
Profit (loss) for the period9904€46,121
Profit (loss) for the period to be appropriated9905€46,121
Line2024
Assets
Total assets20/58€445,581
Current assets29/58€445,581
Amounts receivable within one year40/41€112,910
Trade receivables40€105,826
Other amounts receivable41€7,084
Cash at bank and in hand54/58€332,671
Equity and liabilities
Total equity and liabilities10/49€445,581
Equity10/15€48,121
Contributions10/11€2,000
Capital10€2,000
Issued capital100€2,000
Profit (loss) carried forward14€46,121
Amounts payable17/49€397,460
Amounts payable within one year42/48€397,460
Trade debts44€396,090
Suppliers440/4€396,090
Taxes, remuneration and social security45€1,370
Taxes450/3€1,370
Line2024
Profit (loss) for the period9904€46,121
+ Depreciation and write-downs630€983
Operating cash flow (approximation)€47,104

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
05-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 36 days late
NBB filing
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.

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Directors · office · real estate

Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Ukkel · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
1,536 m²
Building footprint
331 m²
Volume, LiDAR
3,585 m³
Parcel 21016B0111/00V002, Brussels · tallest building 15.2 m, ±4 floors. Linked by address, not a title deed.
13 companies at this address See who is registered here
1 establishment unit
ELA SERVICES
Alsembergsesteenweg 432, 1180 UkkelAgents specialised in the wholesale of other particular products
since 20232.348.244.690
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21016B0111/00V002 Brussels 1,536 m² 1 · 331 m² 15.2 m · 4 fl.
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.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Ukkel2.348.244.690
1 permission
Toelating · Traiteur · since 18-09-2023

Similar companies · same sector, comparable size

Of 5,219 companies in this sector we hold annual accounts for 3,862. 2,717 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded22-05-2023
Fiscal year end31-12
Activities, NACEBEL 2025
47730Retail sale of pharmaceutical products
46190Agents in non-specialised wholesale trade
47120Other non-specialised retail sale
50400Inland freight water transport
56210Event catering
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID 0208:0801942550
Also 9925:BE0801942550
Registered 27-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.