ELA SOLUTIONS
ActiveSummary
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%
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
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 2021Age of the figures
Age of the figures
57 mo
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 · 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 filingsPosition 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 filingsDeviation 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 publicationsPublications
Late accounts filing
History
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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
Click a name to add, emphasise or remove a line.
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
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
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
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| 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% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| 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 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| 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.
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
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.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
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.