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Generated 20-07-2026
Active BE 0773.617.857Private limited company

Elan

Krenkhoek(C) 4 ·2920 Kalmthout, Belgium· 4 yrs active
Sector: NACE 85510 (85510)
Conclusion Checked

The computed 12-month bankruptcy probability of Elan is 0.6% (low). The 2024 annual accounts show negative equity (€-67) and a net result of €-1k. Equity is growing by ~91.6% per year across the filed fiscal years. Its solvency ranks better than 19% of 799 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.
Key figures
Equity €-67
Net result €-1k
Better than sector 19%
Active 4 yrs
Snowflake analysis 5 axes · computed by Checked
Health30Profitability100Solvency39Growth78Stability94
68 / 100

Strong profile, led by profitability.

Health 30
Profitability 100
Solvency 39
Growth 78
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
0.6% Low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector −Young company +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
30 / 100 Weak
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview3 NBB filings
Annual accounts filed on 02-10-2025 with the NBB · fiscal year 2024 · micro
€-8k€-5k€-3k€0€3kOperating result 2022: €-6k€-6kNet result 2022: €-6k€-6kOperating result 2023: €3k€3kNet result 2023: €3k€3kOperating result 2024: €-935€-935Net result 2024: €-1k€-1k202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~91.6%/year over 3 fiscal years, indicative, assuming unchanged policy.
€-2k€0€2k2025: €810 (€805 - €816)2026: €2k (€2k - €2k)2027: €3k (€3k - €3k)2022: €-2k2023: €9582024: €-67202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 85 · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency -0.6% 40.2%
better than 19% of 799 sector peers
Net result €-1k €7k
better than 25% of 797 sector peers
Equity €-67 €19k
better than 19% of 799 sector peers
Gross operating margin €706 €18k
better than 18% of 798 sector peers
Total assets €12k €55k
better than 12% of 799 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€397
-90.5% 22-24
Net profit
€-1k
- 22-24
Cash flow
€307
-92.5% 22-24
Total assets
€12k
-0.5% 22-24
Equity
€-67
- 22-24
Working capital
€-3k
+10.3% 22-24
Staff costs
€117
- 22-24
Debt
€12k
+8.8% 22-24
Debt ≤ 1y
€12k
+8.8% 22-24
Current ratio
0.78
+6.6% 22-24
Quick ratio
0.78
+6.6% 22-24
Solvency
-0.6%
- 22-24
Debt / equity
-176.52
- 22-24
ROE
1521.9%
+424.4% 22-24
ROA
-8.7%
- 22-24
Interest coverage
4.39
-93.1% 22-24
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€397
Net profit€-1k
Cash flow€307
Staff costs-
Income taxes-
Dividends-
Total assets€12k
Equity€-67
Debt€12k
of which ≤ 1y€12k
of which > 1y-
Working capital€-3k
Employees (FTE)-
Ratios (computed)
2024
Current ratio0.78
Quick ratio0.78
Working capital ratio-22.6%
Solvency-0.6%
Debt / equity-176.52
Long-term debt ratio-
Interest coverage4.39
Gross margin-
Net margin-
ROA-8.7%
ROE1521.9%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€12k
Fixed assets 21/28€3k
Tangible fixed assets 22/27€3k
Current assets 29/58€9k
Amounts receivable within one year 40/41€2k
Cash & bank 54/58€7k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€12k
Equity 10/15€-67
Contributions / capital 10/11€4k
Accumulated profits (losses) 14€-4k
Amounts payable 17/49€12k
Amounts payable within one year 42/48€12k
Trade debts payable within one year 44€2k
Income statement
Gross operating margin 9900€706
Operating result 9901€-935
Financial charges 65€90
Result before taxes 9903€-1k
Net result for the period 9904€-1k
Result to be appropriated 9905€-1k
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 1 directors
Current directors & mandates
  • HENDRICKX Elien
    Director
    State Gazette act 25363708 (17-10-2025)
    Current
    17-10-2025 → present
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Legal Structure
NACE primary 85510
Legal form Private limited company(610)
Incorporation07-09-2021
StatusActive
Postal code2920
Establishment units 1 location
Elan
Krenkhoek(C) 4, 2920 KalmthoutSport- en recreatieonderwijs
since 20212.323.825.436
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11022G0901/00D000 Flanders 495 m² 1 · 117 m² 0.8 m
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 5 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
17-10-2025
State Gazette act Director changes
v3.2
02-10-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
2024
14-07-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
2023
01-09-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
2021
09-09-2021
State Gazette act Incorporation
oprichting
Belgisch Staatsblad, acts 2 acts
All acts · 2 updated 9 months ago
2025
17-10-2025 HENDRICKX Elien appointed as director Director changes
  • HENDRICKX Elien, Bestuurder
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "HENDRICKX Elien",
        "address": null,
        "birth_date": null
      },
      "evidence_quote": "De vergadering beslist om te benoemen tot niet-statutair bestuurder voor onbepaalde duur: Mevrouw HENDRICKX Elien, wonende te 2920 Kalmthout, Krenkhoek(C) 4, hier aanwezig en die aanvaardt;"
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0773.617.857",
    "name_full": "ELAN",
    "legal_form": "BV"
  }
}
2021
09-09-2021 Incorporation of a new BV Incorporation
Summary: oprichting
Technical details 
{
  "kind": "oprichting",
  "seat": "2920 Kalmthout, Krenkhoek 4",
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "founders": [
    {
      "org": null,
      "kind": "natural_person",
      "person": {
        "dob": null,
        "name": "VERBRUGGEN Juan Maria Rik Jozef",
        "niss": null,
        "address": "2920 Kalmthout, Krenkhoek 4"
      },
      "share_class": "Aandelen",
      "partner_role": null,
      "holder_org_kbo": null,
      "holder_org_name": null,
      "contribution_type": "cash",
      "amount_paid_in_eur": 2000,
      "holder_person_name": "VERBRUGGEN Juan Maria Rik Jozef",
      "is_subscriber_only": false,
      "n_shares_subscribed": 50,
      "amount_subscribed_eur": 2000,
      "is_anonymous_silent_partner": false
    },
    {
      "org": null,
      "kind": "natural_person",
      "person": {
        "dob": null,
        "name": "HENDRICKX Elien",
        "niss": null,
        "address": "2920 Kalmthout, Krenkhoek 4"
      },
      "share_class": "Aandelen",
      "partner_role": null,
      "holder_org_kbo": null,
      "holder_org_name": null,
      "contribution_type": "cash",
      "amount_paid_in_eur": 2000,
      "holder_person_name": "HENDRICKX Elien",
      "is_subscriber_only": false,
      "n_shares_subscribed": 50,
      "amount_subscribed_eur": 2000,
      "is_anonymous_silent_partner": false
    }
  ],
  "capital_eur": 4000,
  "subject_company": {
    "kbo": "0773.617.857",
    "name_full": "Elan",
    "legal_form": "BV"
  },
  "initial_directors": [],
  "incorporation_date": "2021-09-06",
  "post_incorporation_mandates": []
}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Sport- en recreatieonderwijs85510Sport- en recreatieonderwijs85510
Primary activity highlighted.
Names & trade names
Legal nameNL Elan
Registered office
Krenkhoek(C) 4
2920 Kalmthout, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative