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ELA SOLUTIONS

Active
Private limited companyfounded 200323 yrs activeTe Couwelaarlei 67, 2100 Antwerpen, BelgiumKBO/BCE: BE 0480.212.752
Summary

The computed 12-month bankruptcy probability of ELA SOLUTIONS is 12.6% (high). For ELA SOLUTIONS, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show negative equity (-€10,839) and a net result of -€1,682. Equity is shrinking by ~8.1% per year across the filed fiscal years. The company has been active since 2003 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Checked score

No current score
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Axes, FY 2021 · tick = 2020
Profitability0=
Solvency0=
Growth58=
Track record92
Bankruptcy probability, 12 months
12.6% High
0%0.5%1.5%4%10%≥ 25%
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Signals

Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2021
Age of the figures
Age of the figures
57 mo
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 23 years 0 30 y
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2022 close31-07-2023 deadline30-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 14-07-2022, 17 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
17 d early
2020
82 d late
2019
2 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 21 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Late accounts filing

History

ELA SOLUTIONS was incorporated on 13 May 2003.1 Total assets fell from EUR 3,093 in 2018 to EUR 1,629 in 2021.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2021

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Financials · fiscal year 2021, micro schema

Equity
-€10,839▼ 18.4%
2020 · -€9,157
Total assets
€1,629▼ 0.3%
2020 · €1,634
Net result
-€1,682▲ 74.0%
2020 · -€6,471
Working capital
-€11,389▼ 17.3%
2020 · -€9,707
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2018201920202021
Operating result-€9,458--€7,942▲ 16.0%-€6,352▲ 20.0%-€1,604▲ 74.7%
Net result-€10,005--€8,094▲ 19.1%-€6,471▲ 20.1%-€1,682▲ 74.0%
Equity-€7,892--€15,986▼ 103%-€9,157▲ 42.7%-€10,839▼ 18.4%
Total assets€3,093-€1,154▼ 62.7%€1,634▲ 41.6%€1,629▼ 0.3%
Debt€10,984-€17,140▲ 56.0%€10,791▼ 37.0%€12,468▲ 15.5%
Working capital-€8,910--€16,936▼ 90.1%-€9,707▲ 42.7%-€11,389▼ 17.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€15,000-€10,000-€5,000€0Operating result 2018: -€9,458-€9,458Net result 2018: -€10,005-€10,005Operating result 2019: -€7,942-€7,942Net result 2019: -€8,094-€8,094Operating result 2020: -€6,352-€6,352Net result 2020: -€6,471-€6,471Operating result 2021: -€1,604-€1,604Net result 2021: -€1,682-€1,6822018201920202021-€10,000-€7,500-€5,000-€2,500€0Operating result 2019: -€7,942-€7,940Net result 2019: -€8,094-€8,090Operating result 2020: -€6,352-€6,350Net result 2020: -€6,471-€6,470Operating result 2021: -€1,604-€1,600Net result 2021: -€1,682-€1,680201920202021
The operating result stays negative: a loss of €1,604 in 2021 against €6,352 in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €1,629
Fixed assets €550 =
Current assets €1,079 ▼ 0.5%
Key figures and ratios
2021 value · change against 2020
Debt ≤ 1 year
€12,468▲
2020 · €10,791
Ratios withheld: a balance sheet total of €1,629 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2021 against 2020 · 35 lines
Balance sheet Code20202021
Assets
Total assets20/58€1,634€1,629▼
Fixed assets21/28€550€550=
Financial fixed assets28€550€550=
Current assets29/58€1,084€1,079▼
Amounts receivable within one year40/41€1,075€1,075=
Trade receivables40-€1,075
Cash at bank and in hand54/58€9€4▼
Equity and liabilities
Total equity and liabilities10/49€1,634€1,629▼
Equity10/15-€9,157-€10,839▼
Contributions10/11-€19,500
Outside capital11-€19,500
Other1109/19-€19,500
Reserves13€1,860€1,860=
Non-distributable reserves130/1-€1,860
Reserves not available under the articles1311-€1,860
Profit (loss) carried forward14-€30,517-€32,199▼
Amounts payable17/49€10,791€12,468▲
Amounts payable within one year42/48€10,791€12,468▲
Financial debts43-€30
Credit institutions430/8-€30
Trade debts44€1,429€1,429=
Suppliers440/4-€1,429
Taxes, remuneration and social security45-€329
Taxes450/3-€329
Other amounts payable47/48-€10,680
Income statement Code20202021
Other operating charges640/8-€374
Gross operating margin9900-€4,253-€1,231▲
Operating profit (loss)9901-€6,352-€1,604▲
Financial charges65/66B-€78
Recurring financial charges65€119€78▼
Profit (loss) for the period before taxes9903-€6,471-€1,682▲
Profit (loss) for the period9904-€6,471-€1,682▲
Profit (loss) for the period to be appropriated9905-€6,471-€1,682▲
Appropriation of the result
Profit (loss) to be appropriated9906--€32,199
Profit (loss) brought forward from the previous period14P--€30,517

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€170€170---
Other operating charges640/8---€374-
Gross operating margin9900-€5,132-€6,076-€4,253-€1,231▲ 71.1%
Operating profit (loss)9901-€9,458-€7,942-€6,352-€1,604▲ 74.7%
Financial charges65/66B---€78-
Recurring financial charges65€618€152€119€78▼ 34.3%
Profit (loss) for the period before taxes9903-€10,077-€8,094-€6,471-€1,682▲ 74.0%
Income taxes67/77-€72----
Profit (loss) for the period9904-€10,005-€8,094-€6,471-€1,682▲ 74.0%
Profit (loss) for the period to be appropriated9905-€10,005-€8,094-€6,471-€1,682▲ 74.0%
Line2018201920202021Change
Assets
Total assets20/58€3,093€1,154€1,634€1,629▼ 0.3%
Fixed assets21/28€1,120€950€550€550=
Tangible fixed assets22/27€570€400---
Financial fixed assets28€550€550€550€550=
Current assets29/58€1,973€204€1,084€1,079▼ 0.5%
Amounts receivable within one year40/41€1,043€116€1,075€1,075=
Trade receivables40---€1,075-
Cash at bank and in hand54/58€929€89€9€4▼ 56.1%
Equity and liabilities
Total equity and liabilities10/49€3,093€1,154€1,634€1,629▼ 0.3%
Equity10/15-€7,892-€15,986-€9,157-€10,839▼ 18.4%
Contributions10/11€6,200€6,200-€19,500-
Outside capital11---€19,500-
Other1109/19---€19,500-
Reserves13€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1---€1,860-
Reserves not available under the articles1311---€1,860-
Profit (loss) carried forward14-€15,952-€24,046-€30,517-€32,199▼ 5.5%
Amounts payable17/49€10,984€17,140€10,791€12,468▲ 15.5%
Amounts payable within one year42/48€10,883€17,140€10,791€12,468▲ 15.5%
Financial debts43---€30-
Credit institutions430/8---€30-
Trade debts44€2,607€6,901€1,429€1,429=
Suppliers440/4---€1,429-
Taxes, remuneration and social security45---€329-
Taxes450/3---€329-
Other amounts payable47/48---€10,680-
Line2018201920202021Change
Profit (loss) for the period9904-€10,005-€8,094-€6,471-€1,682▲ 74.0%
+ Depreciation and write-downs630€170€170---
Operating cash flow (approximation)-€9,835-€7,924-€6,471-€1,682▲ 74.0%
Investment in fixed assets (approximation)-€0€400€0▼ 100%
Change in cash--€841-€79-€5▲ 93.3%

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

2026
28-08
KBO administration Late accounts filing
event 18-08-2026
2022
14-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
21-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 82 days late
2020
29-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
18-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
20-11
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 112 days late
13-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 317 days late
2016
31-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2015
13-07
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
30-08
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 30 days late
2012
31-07
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema
SignalNBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Antwerpen
exact location from the address register On OpenStreetMap
Ground area
120 m²
Building footprint
77 m²
Volume, LiDAR
424 m³
Parcel 11343A0589/00C008, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11343A0589/00C008 Flanders 120 m² 1 · 77 m² 7.5 m · 2 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.

Identification & contact

Identification
Legal formPrivate limited company
Founded13-05-2003
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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

Register as of 30 September 2026 · Peppol Directory

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