ELAN
ActiveELAN has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €319k and a net result of €144k. Equity is growing by ~31.1% per year across the filed fiscal years. Its solvency ranks better than 28% of 31662 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▲+18
Solvency52▲+14
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 1.94 against 1.12 in 2024; short-term debt: 9.5% and cash: 15.5% of total assets), but 73.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
26.8%
Return on assets
12.1%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
on the day
2022
on the day
2021
on the day
2020
2 d early
2019
4 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close22-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€319k▲ 82.1%
2024 · €175k
2019: €40k
2020: €83k
2021: €210k
2022: €234k
2023: €202k
2024: €175k
2019 → 2025
Total assets
€1.19M▼ 9.6%
2024 · €1.32M
2019: €1.73M
2020: €1.58M
2021: €1.72M
2022: €1.63M
2023: €1.45M
2024: €1.32M
2019 → 2025
Net result
€144k
2024 · €-27k
2019: €21k
2020: €43k
2021: €127k
2022: €24k
2023: €-32k
2024: €-27k
2019 → 2025
Working capital
€106k▲ 302%
2024 · €26k
2019: €47k
2020: €266k
2021: €339k
2022: €356k
2023: €170k
2024: €26k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€210k-€234k▲ 11.5%€202k▼ 13.7%€175k▼ 13.1%€319k▲ 82.1%
Operating result€158k-€39k▼ 75.1%€-396€-17k▼ 4,138%€210k
Net result€127k-€24k▼ 81.0%€-32k€-27k▲ 17.3%€144k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €210k after a loss of €17k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.19M
Fixed assets
€971k▼ 9.3%
Current assets
€219k▼ 10.8%
Equity and liabilities €1.19M
Equity
€319k▲ 82.1%
Provisions
€21k=
Debt
€851k▼ 24.1%
The debt ratio falls from 85.1% to 71.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€315k▲
2024 · €92k
Cash flow
€249k▲
2024 · €82k
Solvency
26.8%▲
2024 · 13.3%
Current ratio
1.94▲
2024 · 1.12
Quick ratio
1.94▲
2024 · 1.12
Debt / equity
2.66▼
2024 · 6.39
ROE
45.1%▲
2024 · -15.1%
ROA
12.1%▲
2024 · -2.0%
Interest coverage
34.80▲
2024 · 9.35
Debt
€851k▼
2024 · €1.12M
Debt ≤ 1 year
€113k▼
2024 · €220k
Debt > 1 year
€423k▼
2024 · €467k
Income taxes
€61k▲
2024 · €228
Staff costs
€843▲
2024 · €142
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.32M€1.19M▼
Fixed assets21/28€1.07M€971k▼
Intangible fixed assets21€3k-
Tangible fixed assets22/27€1.07M€971k▼
Land and buildings22€962k€903k▼
Plant, machinery and equipment23€18k€12k▼
Furniture and vehicles24€89k€57k▼
Current assets29/58€246k€219k▼
Amounts receivable within one year40/41€69k€31k▼
Trade receivables40€24k-
Other amounts receivable41€45k€31k▼
Cash at bank and in hand54/58€165k€185k▲
Deferred charges and accrued income490/1€12k€3k▼
Equity and liabilities
Total equity and liabilities10/49€1.32M€1.19M▼
Equity10/15€175k€319k▲
Contributions10/11€12k€12k=
Reserves13€222k€307k▲
Distributable reserves133€222k€307k▲
Profit (loss) carried forward14€-59k-
Provisions and deferred taxes16€21k€21k=
Provisions for liabilities and charges160/5€21k€21k=
Pensions and similar obligations160€21k€21k=
Amounts payable17/49€1.12M€851k▼
Amounts payable after more than one year17€467k€423k▼
Financial debts170/4€467k€423k▼
Amounts payable within one year42/48€220k€113k▼
Current portion of amounts payable after more than one year42€44k€45k▲
Trade debts44€153k€4k▼
Suppliers440/4€153k€4k▼
Taxes, remuneration and social security45€22k€65k▲
Taxes450/3€22k€65k▲
Accrued charges and deferred income492/3€434k€315k▼
Income statement
Code20242025
Non-recurring operating income76A€1k€12k▲
Remuneration, social security and pensions62€142€843▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€109k€105k▼
Other operating charges640/8€4k€4k▲
Gross operating margin9900€96k€320k▲
Operating profit (loss)9901€-17k€210k▲
Financial income75/76B€338€4k▲
Recurring financial income75€338€4k▲
Financial charges65/66B€10k€9k▼
Recurring financial charges65€10k€9k▼
Profit (loss) for the period before taxes9903€-26k€204k▲
Income taxes67/77€228€61k▲
Profit (loss) for the period9904€-27k€144k▲
Profit (loss) for the period to be appropriated9905€-27k€144k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-59k€85k▲
Profit (loss) brought forward from the previous period14P€-32k€-59k▼
Transfer to equity691/2-€85k
To other reserves6921-€85k
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Back to profitnet €144k
Net result €144k after 2 loss-making years.
30-06
Financial
Equity above €200kEq €319k ▲82.1%
Equity rises from €175k to €319k.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Weakest financial yearnet €-32k ▼233%
Net result drops to €-32k, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Equity above €200kEq €210k ▲154%
3 profitable years in a row build equity to €210k.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Liquidity doublescurrent ratio 2.57
Current ratio from 1.04 to 2.57; short-term debt falls from €1.10M to €170k.
27-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
13-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
26-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
05-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Wevelgem · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Guldensporenstraat 628560 WevelgemGround area
1,044 m²
Building footprint
208 m²
Volume, LiDAR
863 m³
Parcel 34041C0936/00A000, Flanders · tallest building 11.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ELAN
since 20192.287.759.450
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34041C0936/00A000 | Flanders | 1,044 m² | 1 · 208 m² | 11.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 4,017 EUR awarded · 4,017 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 355 EUR | 355 EUR |
| 2024 | 2 | -438 EUR | 3,662 EUR |
| 2022 | 1 | 4,100 EUR | 0 EUR |
Schemes
Blue Deal Ecologiesteun Waterbesparing (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
STP
BE 0872.231.918
Deinze · Eq €319k
HANS VAN DEN BROUCKE
BE 0508.494.190
Knokke-Heist · Eq €319k
ARMADIF
BE 0885.024.535
Oudergem · Eq €319k
TriARConsulting
BE 0632.614.501
Sint-Martens-Latem · Eq €319k
RH manage-it 4U
BE 0687.828.483
Lier · Eq €319k
Of 82,569 companies in sector 70200 we hold annual accounts for 52,573. 37,746 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-07-2006
Fiscal year end30-06
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.