ELASTIK LAB
ActiveSummary
ELASTIK LAB has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10,943 and a net result of -€4,674. Equity is growing by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 23% of 31896 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability12▼-47
Solvency45▼-10
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.2 against 1.26 in 2024; short-term debt: 72% and cash: 3.6% of total assets), and 79.9% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Seven 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
20.1%
Return on assets
-8.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 31896 sector peers (2025).
NBB · sector comparisonPosition among 31896 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
25 d early
2024
41 d early
2023
107 d early
2022
41 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 54 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€10,943▼ 29.9%
2024 · €15,617
Total assets
€54,324▲ 3.9%
2024 · €52,310
Net result
-€4,674
2024 · €5,954
Working capital
€7,961▼ 17.7%
2024 · €9,673
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€1,033-€2,238▲ 117%€14,170▲ 533%€195▼ 98.6%
Net result€9below the sector's middle half--€346below the sector's middle half€5,954within the sector's middle half-€4,674below the sector's middle half
Equity€10,009below the sector's middle half-€9,663below the sector's middle half▼ 3.5%€15,617below the sector's middle half▲ 61.6%€10,943below the sector's middle half▼ 29.9%
Total assets€26,497below the sector's middle half-€36,104below the sector's middle half▲ 36.3%€52,310below the sector's middle half▲ 44.9%€54,324below the sector's middle half▲ 3.9%
Debt€16,488-€26,441▲ 60.4%€36,693▲ 38.8%€43,381▲ 18.2%
Working capital€7,160-€9,470▲ 32.3%€9,673▲ 2.1%€7,961▼ 17.7%
Solvency37.8%within the sector's middle half-26.8%within the sector's middle half▼ 11.0pp29.9%within the sector's middle half▲ 3.1pp20.1%below the sector's middle half▼ 9.7pp
Staff (FTE)0.3-
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
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 2025; 2025 is 99% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €54,163
Fixed assets
€7,071 ▲ 24.2%
Current assets
€47,092 ▲ 1.9%
Equity and liabilities €54,324
Equity
€10,943 ▼ 29.9%
Debt
€43,381 ▲ 18.2%
Debt's share of the balance-sheet total rises from 70.1% to 79.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€2,386▼
2024 · €16,266
Cash flow
-€2,482▼
2024 · €8,050
Current ratio
1.20▼
2024 · 1.26
Debt to equity
3.96▲
2024 · 2.35
ROE
-42.7%▼
2024 · 38.1%
ROA
-8.6%▼
2024 · 11.4%
Interest coverage
0.45▼
2024 · 3.09
Debt ≤ 1 year
€39,131▲
2024 · €36,552
Income taxes
€535▼
2024 · €3,696
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,550 companies that looked in July 2024 the way this one looks now, 3.9% went bankrupt within 24 months and 91% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a small loss
3.9%
went bankrupt
3.7%
stopped otherwise
91%
still going
A further 1.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,550 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €11,640 | €302 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €698 | €1,262 | €2,096 | €2,192 | ▲ 4.6% |
| Other operating charges640/8 | €348 | €824 | €361 | €714 | ▲ 97.6% |
| Non-recurring operating charges66A | €23 | €389 | - | - | - |
| Gross operating margin9900 | €13,742 | €5,016 | €16,627 | €3,100 | ▼ 81.4% |
| Operating profit (loss)9901 | €1,033 | €2,238 | €14,170 | €195 | ▼ 98.6% |
| Financial income75/76B | €1 | €345 | €739 | €953 | ▲ 29.0% |
| Recurring financial income75 | €1 | €345 | €739 | €953 | ▲ 29.0% |
| Financial charges65/66B | €526 | €1,730 | €5,258 | €5,286 | ▲ 0.5% |
| Recurring financial charges65 | €526 | €1,730 | €5,258 | €5,286 | ▲ 0.5% |
| Profit (loss) for the period before taxes9903 | €509 | €854 | €9,650 | -€4,139 | ▼ 143% |
| Income taxes67/77 | €500 | €1,200 | €3,696 | €535 | ▼ 85.5% |
| Profit (loss) for the period9904 | €9 | -€346 | €5,954 | -€4,674 | ▼ 178% |
| Profit (loss) for the period to be appropriated9905 | €9 | -€346 | €5,954 | -€4,674 | ▼ 178% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €26,497 | €36,104 | €52,310 | €54,324 | ▲ 3.9% |
| Formation expenses20 | €860 | €627 | €394 | €161 | ▼ 59.2% |
| Fixed assets21/28 | €1,989 | €3,710 | €5,692 | €7,071 | ▲ 24.2% |
| Tangible fixed assets22/27 | €1,989 | €3,710 | €2,837 | €3,860 | ▲ 36.0% |
| Furniture and vehicles24 | €1,989 | €3,710 | €2,837 | €3,860 | ▲ 36.0% |
| Financial fixed assets28 | - | - | €2,854 | €3,211 | ▲ 12.5% |
| Current assets29/58 | €23,648 | €31,768 | €46,225 | €47,092 | ▲ 1.9% |
| Amounts receivable within one year40/41 | €6,061 | €28,206 | €36,526 | €38,810 | ▲ 6.3% |
| Trade receivables40 | €4,494 | €22,826 | €13,230 | €22,650 | ▲ 71.2% |
| Other amounts receivable41 | €1,566 | €5,380 | €23,296 | €16,159 | ▼ 30.6% |
| Cash at bank and in hand54/58 | €6,239 | €0 | - | €1,973 | - |
| Deferred charges and accrued income490/1 | €11,349 | €3,562 | €9,699 | €6,309 | ▼ 35.0% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €26,497 | €36,104 | €52,310 | €54,324 | ▲ 3.9% |
| Equity10/15 | €10,009 | €9,663 | €15,617 | €10,943 | ▼ 29.9% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | €9 | -€337 | €5,617 | €943 | ▼ 83.2% |
| Amounts payable17/49 | €16,488 | €26,441 | €36,693 | €43,381 | ▲ 18.2% |
| Amounts payable within one year42/48 | €16,488 | €22,298 | €36,552 | €39,131 | ▲ 7.1% |
| Financial debts43 | - | €4,045 | €4,353 | - | - |
| Credit institutions430/8 | - | €4,045 | €4,353 | - | - |
| Trade debts44 | €6,088 | €8,600 | €24,602 | €22,199 | ▼ 9.8% |
| Suppliers440/4 | €6,088 | €8,600 | €24,602 | €22,199 | ▼ 9.8% |
| Taxes, remuneration and social security45 | €5,466 | €9,653 | €7,597 | €16,931 | ▲ 123% |
| Taxes450/3 | €4,729 | €9,590 | €7,597 | €16,931 | ▲ 123% |
| Remuneration and social security454/9 | €737 | €63 | - | - | - |
| Other amounts payable47/48 | €4,934 | €0 | - | - | - |
| Accrued charges and deferred income492/3 | - | €4,144 | €141 | €4,250 | ▲ 2,912% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9 | -€346 | €5,954 | -€4,674 | ▼ 178% |
| + Depreciation and write-downs630 | €698 | €1,262 | €2,096 | €2,192 | ▲ 4.6% |
| Operating cash flow (approximation) | €707 | €916 | €8,050 | -€2,482 | ▼ 131% |
| Investment in fixed assets (approximation) | - | -€2,983 | -€4,078 | -€3,571 | ▲ 12.4% |
| Change in cash | - | -€6,239 | - | - | - |
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
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet -€4,674
Net result drops to -€4,674, the lowest in the series.
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €5,954
Net result €5,954 after one loss-making year.
15-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
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, Liège · 2 establishment units since 2021
Ground area
1.6 ha
Building footprint
3,052 m²
Volume, LiDAR
107,160 m³
2 parcels, Brussels, Wallonia · tallest building 61.6 m, ±9 floors. Linked by address, not a title deed.
102
companies at this address
See who is registered here
2 establishment units
elastik lab
since 20212.322.155.947
Koning Albert II-laan 4, 1000 Brussel
since 20252.383.482.020
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21813A0484/00G000 | Brussels | 9,776 m² | 1 · 3,052 m² | 61.6 m · 9 fl. |
| 62814C0006/00G002 | Wallonia | 6,004 m² | - | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,589. 23,940 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
Founded20-09-2021
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
73300Public relations and communication consultancy
63910Web portal activities
73110Advertising agencies
74120Graphic design and visual communication
82990Other business support services
85599Other education
Contact
E-invoicing
Reachable via Peppol
Peppol ID
0208:0774303389
Also
9925:BE0774303389
Registered
11-10-2021
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.