Subsidiaries and holdings
- DIRECT BUROTICA SUPPLIES99.92%
- SOFRA99.2%
From the official registers: KBO 25 annual accounts at the National Bank publications in the Belgian Official Gazette
ELAN is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €662,219 and a net result of €269. Equity has been growing by about 5.7% per year since 2019. Its solvency ranks better than 37% of 6,687 sector peers (NACE 64, financial year 2025). The company has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals.
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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The company filed its last 6 accounts on average 2 days after the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
These companies have the same main activity as ELAN: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €1.5m and €2.2m, founded between 1999 and 2002.
| Company | Total assets | Gross margin |
|---|---|---|
| ELAN Waregem | €1.8m | €0.1m |
| B.D. ENGINEERING Tielt | €1.7m | €0.1m |
| FAMIMA Brugge | €2.2m | €0.2m |
| F.L.H. Zonnebeke | €1.5m | €0.1m |
| INTERPAN Roeselare | €1.8m | €0.1m |
| K & G INVEST Roeselare | €1.9m | €0.2m |
| FRAN Izegem | €2.2m | €0.2m |
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