Elan Consult
ActiveSummary
Elan Consult has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €287k and a net result of €82k. Equity is growing by ~13.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 37953 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 64.19 against 7.89 in 2023; short-term debt: 1.5% and cash: 82.8% of total assets), and 1.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 2024Solvency, return and age of the figures
Solvency
98.5%
Return on assets
28.1%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-09-2025, 39 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
39 d late
2023
30 d late
2022
42 d late
2021
25 d early
2020
31 d late
2019
28 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€287k▲ 39.9%
2023 · €205k
2019: €98klowest in 6 years
2020: €177k▲ +80.9% vs 2019
2021: €247k▲ +39.4% vs 2020
2022: €202k▼ -18.2% vs 2021
2023: €205k▲ +1.4% vs 2022
2024: €287k▲ +39.9% vs 2023highest in 6 years
2019 → 2024
Total assets
€291k▲ 24.5%
2023 · €234k
2019: €123klowest in 6 years
2020: €206k▲ +67.7% vs 2019
2021: €255k▲ +24.1% vs 2020
2022: €217k▼ -14.8% vs 2021
2023: €234k▲ +7.5% vs 2022
2024: €291k▲ +24.5% vs 2023highest in 6 years
2019 → 2024
Net result
€82k▼ 5.5%
2023 · €87k
2019: €81k
2020: €81k▼ -0.1% vs 2019
2021: €70k▼ -13.7% vs 2020lowest in 6 years
2022: €85k▲ +22.2% vs 2021
2023: €87k▲ +1.6% vs 2022highest in 6 years
2024: €82k▼ -5.5% vs 2023
2019 → 2024
Working capital
€282k▲ 41.6%
2023 · €199k
2019: €77klowest in 6 years
2020: €155k▲ +101% vs 2019
2021: €231k▲ +49.2% vs 2020
2022: €193k▼ -16.5% vs 2021
2023: €199k▲ +3.3% vs 2022
2024: €282k▲ +41.6% vs 2023highest in 6 years
2019 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€177k-€247k▲ 39.4%€202k▼ 18.2%€205k▲ 1.4%€287k▲ 39.9%
2020: €177klowest in 5 years
2021: €247k▲ +39.4% vs 2020
2022: €202k▼ -18.2% vs 2021
2023: €205k▲ +1.4% vs 2022
2024: €287k▲ +39.9% vs 2023highest in 5 years
Operating result€103k-€88k▼ 14.1%€111k▲ 26.0%€115k▲ 3.6%€104k▼ 10.1%
2020: €103k
2021: €88k▼ -14.1% vs 2020lowest in 5 years
2022: €111k▲ +26.0% vs 2021
2023: €115k▲ +3.6% vs 2022highest in 5 years
2024: €104k▼ -10.1% vs 2023
Net result€81k-€70k▼ 13.7%€85k▲ 22.2%€87k▲ 1.6%€82k▼ 5.5%
2020: €81k
2021: €70k▼ -13.7% vs 2020lowest in 5 years
2022: €85k▲ +22.2% vs 2021
2023: €87k▲ +1.6% vs 2022highest in 5 years
2024: €82k▼ -5.5% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 10% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €291k
Fixed assets
€5k ▼ 20.3%
Current assets
€286k ▲ 25.6%
Equity and liabilities €291k
Equity
€287k ▲ 39.9%
Debt
€4k ▼ 84.5%
Debt's share of the balance-sheet total falls from 12.4% to 1.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€105k▼
2023 · €124k
Cash flow
€83k▼
2023 · €95k
Current ratio
64.19▲
2023 · 7.89
Debt to equity
0.02▼
2023 · 0.14
ROE
28.5%▼
2023 · 42.3%
ROA
28.1%▼
2023 · 37.0%
Interest coverage
897.66▼
2023 · 1185.04
Debt ≤ 1 year
€4k▼
2023 · €29k
Income taxes
€22k▼
2023 · €29k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 48 lines
Balance sheet
Code20232024
Assets
Total assets20/58€234k€291k▲
Fixed assets21/28€6k€5k▼
Tangible fixed assets22/27€6k€5k▼
Plant, machinery and equipment23€2k€857▼
Furniture and vehicles24€298€403▲
Other tangible fixed assets26€4k€3k▼
Current assets29/58€228k€286k▲
Amounts receivable within one year40/41€53k€44k▼
Trade receivables40€53k€42k▼
Other amounts receivable41€0€2k▲
Cash at bank and in hand54/58€165k€241k▲
Deferred charges and accrued income490/1€9k€2k▼
Equity and liabilities
Total equity and liabilities10/49€234k€291k▲
Equity10/15€205k€287k▲
Contributions10/11€10k€10k=
Reserves13€195k€277k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€195k€277k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€29k€4k▼
Amounts payable within one year42/48€29k€4k▼
Financial debts43-€346
Credit institutions430/8-€346
Trade debts44€1k€887▼
Suppliers440/4€1k€887▼
Taxes, remuneration and social security45€24k€3k▼
Taxes450/3€24k€3k▼
Remuneration and social security454/9€22€22=
Other amounts payable47/48€4k€260▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€2k▼
Other operating charges640/8€338€304▼
Gross operating margin9900€124k€105k▼
Operating profit (loss)9901€115k€104k▼
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€104€117▲
Recurring financial charges65€104€117▲
Profit (loss) for the period before taxes9903€115k€103k▼
Income taxes67/77€29k€22k▼
Profit (loss) for the period9904€87k€82k▼
Profit (loss) for the period to be appropriated9905€87k€82k▼
Appropriation of the result
Profit (loss) to be appropriated9906€87k€82k▼
Transfer from equity791/2€75k€0▼
Transfer to equity691/2€87k€82k▼
To other reserves6921€87k€82k▼
Profit to be distributed694/7€75k€0▼
Return on contributions (dividend)694€75k€0▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8k | €8k | €8k | €8k | €2k | ▼ 81.4% |
| Other operating charges640/8 | - | €262 | €266 | €338 | €304 | ▼ 10.1% |
| Gross operating margin9900 | €111k | €97k | €119k | €124k | €105k | ▼ 15.0% |
| Operating profit (loss)9901 | €103k | €88k | €111k | €115k | €104k | ▼ 10.1% |
| Financial income75/76B | - | €5 | €0 | €0 | €0 | ▼ 100% |
| Recurring financial income75 | - | €5 | €0 | €0 | €0 | ▼ 100% |
| Financial charges65/66B | - | €207 | €110 | €104 | €117 | ▲ 12.2% |
| Recurring financial charges65 | €282 | €207 | €110 | €104 | €117 | ▲ 12.2% |
| Profit (loss) for the period before taxes9903 | €103k | €88k | €111k | €115k | €103k | ▼ 10.2% |
| Income taxes67/77 | €22k | €18k | €26k | €29k | €22k | ▼ 24.1% |
| Profit (loss) for the period9904 | €81k | €70k | €85k | €87k | €82k | ▼ 5.5% |
| Profit (loss) for the period to be appropriated9905 | €81k | €70k | €85k | €87k | €82k | ▼ 5.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €206k | €255k | €217k | €234k | €291k | ▲ 24.5% |
| Formation expenses20 | €0 | - | - | - | - | - |
| Fixed assets21/28 | €24k | €16k | €9k | €6k | €5k | ▼ 20.3% |
| Tangible fixed assets22/27 | €24k | €16k | €9k | €6k | €5k | ▼ 20.3% |
| Plant, machinery and equipment23 | - | €18 | €941 | €2k | €857 | ▼ 46.0% |
| Furniture and vehicles24 | - | €11k | €5k | €298 | €403 | ▲ 35.0% |
| Other tangible fixed assets26 | - | €5k | €3k | €4k | €3k | ▼ 13.8% |
| Current assets29/58 | €182k | €239k | €208k | €228k | €286k | ▲ 25.6% |
| Amounts receivable within one year40/41 | €33k | €21k | €31k | €53k | €44k | ▼ 17.7% |
| Trade receivables40 | - | €21k | €31k | €53k | €42k | ▼ 21.9% |
| Other amounts receivable41 | - | €538 | €538 | €0 | €2k | - |
| Cash at bank and in hand54/58 | €147k | €216k | €175k | €165k | €241k | ▲ 45.6% |
| Deferred charges and accrued income490/1 | - | €2k | €2k | €9k | €2k | ▼ 80.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €206k | €255k | €217k | €234k | €291k | ▲ 24.5% |
| Equity10/15 | €177k | €247k | €202k | €205k | €287k | ▲ 39.9% |
| Contributions10/11 | - | €19k | €19k | €10k | €10k | = |
| Reserves13 | €158k | €228k | €183k | €195k | €277k | ▲ 42.0% |
| Non-distributable reserves130/1 | - | €2k | €2k | €0 | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | €0 | - | - |
| Distributable reserves133 | - | €226k | €181k | €195k | €277k | ▲ 42.0% |
| Profit (loss) carried forward14 | - | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €29k | €9k | €16k | €29k | €4k | ▼ 84.5% |
| Amounts payable after more than one year17 | €2k | €0 | - | - | - | - |
| Financial debts170/4 | - | €0 | - | - | - | - |
| Other amounts payable178/9 | - | €0 | - | - | - | - |
| Amounts payable within one year42/48 | €27k | €8k | €16k | €29k | €4k | ▼ 84.5% |
| Current portion of amounts payable after more than one year42 | - | €2k | €0 | - | - | - |
| Financial debts43 | - | - | - | - | €346 | - |
| Credit institutions430/8 | - | - | - | - | €346 | - |
| Trade debts44 | €2k | €2k | €2k | €1k | €887 | ▼ 13.3% |
| Suppliers440/4 | - | €2k | €2k | €1k | €887 | ▼ 13.3% |
| Taxes, remuneration and social security45 | - | €3k | €12k | €24k | €3k | ▼ 87.5% |
| Taxes450/3 | - | €3k | €12k | €24k | €3k | ▼ 87.6% |
| Remuneration and social security454/9 | - | €0 | €22 | €22 | €22 | = |
| Other amounts payable47/48 | - | €2k | €2k | €4k | €260 | ▼ 93.6% |
| Accrued charges and deferred income492/3 | - | €58 | €0 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €81k | €70k | €85k | €87k | €82k | ▼ 5.5% |
| + Depreciation and write-downs630 | €8k | €8k | €8k | €8k | €2k | ▼ 81.4% |
| Operating cash flow (approximation) | €89k | €78k | €93k | €95k | €83k | ▼ 12.3% |
| Investment in fixed assets (approximation) | - | €0 | €-983 | €-5k | €-412 | ▲ 91.8% |
| Change in cash | - | €69k | €-41k | €-10k | €75k | ▲ 861% |
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
2025
08-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 39 days late
2024
31-12
Financial
Liquidity times 8current ratio 64.19
Current ratio from 7.89 to 64.19; short-term debt falls from €29k to €4k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Highest result since 2019net €87k ▲1.6%
Operating result €115k, net result €87k, both a record.
11-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 42 days late
2022
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €70k ▼13.7%
Net result drops to €70k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity quadruplescurrent ratio 28.31
Current ratio from 6.72 to 28.31; short-term debt falls from €27k to €8k.
31-12
Financial
Equity above €200kEq €247k ▲39.4%
3 profitable years in a row build equity to €247k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Equity above €150kEq €177k ▲80.9%
2 profitable years in a row build equity to €177k.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Keerbergen · 1 establishment unit since 2019
Ground area
785 m²
Building footprint
117 m²
Volume, LiDAR
553 m³
Parcel 24048D0253/00F000, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Elan Consult
since 20192.284.882.114
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24048D0253/00F000 | Flanders | 785 m² | 1 · 117 m² | 7.6 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.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 38,387 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded22-01-2019
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.