ELAKON

Active

Private limited companyfounded 2017active for 8 yearsLeuvensestraat 131, 3300 Tienen, Belgium215 active companies are registered at this addressKBO/BCE: BE 0686.614.696

Summary

The computed 12-month bankruptcy probability of ELAKON is 2.4% (moderate). The 2025 annual accounts show equity of €39,953 and a net result of €7,167. Equity is growing by about 8.2% per year across the filed financial years. Its solvency ranks better than 74% of 377 sector peers (NACE 42, financial year 2025). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).

Risk analysisFollow Report Compare

ELAKONActiveChecked score 54/100

Risk analysis Report Compare

Activity

Construction of roads and motorways

NACE 42110

1 site

Size

€67,210total assets 2025

Staff: 1 FTE
Equity: €39,953
Profit: €7,167

Financial health

54 Fair Checked score 2025

Bankruptcy probabilitywithin 12 months: 2.4%

Structure

OZTURK MikailDirector

2025 accounts 20 days early3 of 8 deeds summarised

Why 54raises riskEx-officio strike-off in the KBOSize: 1 FTE, total assets €67,2101 change of registered office in 24 months1 of the last 3 lateShow the evidence

Checked score

Score 2025

54 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 60% of its sector peers (NACE 42, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 84+5

equity 59.4% of total assets

Liquidity 48+8

short-term debt 35.6% · cash 11.4%

Profitability 82-7

return on assets 10.7%

Bankruptcy probability, 12 months

2.4% Moderate

0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.8% (1,868 companies, NACE 42, micro)

Last 24 months 11-2024: 3.5% 12-2024: 6.4%▲ +2.9 percentage points vs 11-2024 01-2025: 14.3%▲ +7.9 percentage points vs 12-2024 02-2025: 14.3%● unchanged vs 01-2025 03-2025: 14.5%▲ +0.2 percentage points vs 02-2025 04-2025: 14.8%▲ +0.3 percentage points vs 03-2025 05-2025: 14.7%▼ -0.1 percentage points vs 04-2025 06-2025: 14.0%▼ -0.7 percentage points vs 05-2025 07-2025: 14.0%● unchanged vs 06-2025 08-2025: 15.4%▲ +1.4 percentage points vs 07-2025highest value 09-2025: 9.3%▼ -6.1 percentage points vs 08-2025 10-2025: 15.3%▲ +6.0 percentage points vs 09-2025 11-2025: 5.2%▼ -10.1 percentage points vs 10-2025 12-2025: 5.2%● unchanged vs 11-2025 01-2026: 5.2%● unchanged vs 12-2025 02-2026: 4.4%▼ -0.8 percentage points vs 01-2026 03-2026: 4.4%● unchanged vs 02-2026 04-2026: 4.9%▲ +0.5 percentage points vs 03-2026 05-2026: 4.9%● unchanged vs 04-2026 06-2026: 4.8%▼ -0.1 percentage points vs 05-2026 07-2026: 4.9%▲ +0.1 percentage points vs 06-2026 08-2026: 2.4%▼ -2.5 percentage points vs 07-2026 09-2026: 2.4%● unchanged vs 08-2026 10-2026: 2.4%● unchanged vs 09-2026lowest value

Credit of up to €2,000 on 30-day terms is acceptable

Liquidity ample (current ratio 2.37, compared with 1.85 in 2024, above the usual 1.5; short-term debt: 35.6% and cash: 11.4% of total assets), and 40.6% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 42, micro): better than 67% on solvency, 45% on liquidity, 61% on profitability and 66% on growth.

The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

raises riskneutral

Ex-officio strike-off in the KBO

KBO publications

Size: 1 FTE, total assets €67,210

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

1 change of registered office in 24 months

Belgian Official Gazette

1 of the last 3 late

NBB · filings

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-07-2026, 20 days ahead of the deadline.

NBB · 8 filings

Deviation from the deadline

2025

20 days early

2024

83 days late

2023

8 days late

2022

28 days late

2021

107 days late

2020

88 days late

2019

70 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 32 days after the deadline; the sector median (NACE 42) for financial year 2024 is 2 days before the deadline, and 41% of those companies filed late.

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

Address struck

Searched, nothing found (1)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 August (4 of the last 5 filed years within 55 days of that day).

Companies Code · seven months

Where today falls in the filing period

26-10-2026 today31-12-2026 year end31-07-2027 deadline

11-07-2026 Annual accounts filedfinancial year 2025 · full…
22-10-2025 Annual accounts filedfinancial year 2024 · micro…
10-12-2024 Registered officeRegistered-office move · Director in…

Key points

Caution: Among the weakest 8% on equitysector median €1.9m · 377 companies €39,953 View
One director decidessole director in office 1 View
Total assets 20256 financial years filed €67,210 View

By topic

Financials

Financial year: 2025
Total assets: €67,210
Profit: €7,167
Solvency: 59.4%

Turnover▲ 64.2%

Net result

20182023

Go to Financials

Board & ownership

Board: 1 member

OZTURK MikailDirector

Go to Board & ownership

Timeline

Events: 15
Since: 2019
Next accounts: by 31-07-2027

08-11-2024Address struck
08-08-2024Annual accounts filed
23-01-2024Resignation: OZTURK Mikail (manager)

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Construction of roads and motorwaysNACE 42110
Founded: 19-12-2017
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 13

Who signs: Each director alone
Annual meeting: Last Saturday of June at 20:30
Purpose: “Ontkisten van panelen,bekistingstafels reinigen,ontkistingsolie aanbrengen in…” (deed in Dutch)

Go to Articles of association

Key facts about ELAKON

What is the company number of ELAKON?: 0686.614.696. In Belgium the VAT number is the company number with BE in front: BE 0686.614.696.
Where is ELAKON based?: The registered office is at Leuvensestraat 131, 3300 Tienen.Company details
What does ELAKON do?: According to the KBO register, the main activity is construction of roads and motorways (NACE 42110).
What is the legal form of ELAKON?: Private limited company (BV).
When was ELAKON founded?: On 19-12-2017.
Is ELAKON still active?: Yes, ELAKON is an active enterprise in the KBO register.
How many employees does ELAKON have?: On average 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of ELAKON?: €99,733 in financial year 2023, according to the filed annual accounts.
Is ELAKON profitable?: In financial year 2025, ELAKON made a profit of €7,167.
Where can I find the annual accounts of ELAKON?: ELAKON filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ELAKON due?: By 31-07-2027, for financial year 2026.Timeline

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Overview