ELAURE
ActiveThe computed 12-month bankruptcy probability of ELAURE is 2.0% (moderate). The 2025 annual accounts show negative equity (€-318k) and a net result of €-150k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 3609 sector peers (fiscal year 2025). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
15
/ 100
Critical▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency33=
Growth52=
Stability100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.22 against 0.32 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
-42.2%
Return on assets
-20%
Age of the figures
8 mo
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
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€318k
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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
20 d early
2023
37 d early
2022
31 d late
2021
25 d late
2020
31 d late
2019
91 d late
← before the deadline
after the deadline →
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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€3.11M
EBIT margin
-2.4%
Net result
€-150k▲ 26.6%
2024 · €-205k
2018: €-30k
2019: €66k
2020: €392k
2021: €143k
2022: €-23k
2023: €-92k
2024: €-205k
2018 → 2025
Working capital
€-602k▼ 61.8%
2024 · €-372k
2018: €-656k
2019: €-489k
2020: €-53k
2021: €-60k
2022: €-60k
2023: €-179k
2024: €-372k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€153k-€130k▼ 15.1%€37k▼ 71.2%€-167k€-318k▼ 89.9%
Operating result€165k-€-5k€-78k▼ 1,425%€-186k▼ 138%€-121k▲ 34.8%
Net result€143k-€-23k€-92k▼ 300%€-205k▼ 122%€-150k▲ 26.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €121k in 2025 against €186k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €752k
Fixed assets
€578k▲ 143%
Current assets
€174k▲ 0.1%
Key figures and ratios
EBITDA
€8k▲
2024 · €-106k
Cash flow
€-20k▲
2024 · €-124k
Solvency
-42.2%▼
2024 · -40.7%
Current ratio
0.22▼
2024 · 0.32
Quick ratio
0.20▼
2024 · 0.28
Debt / equity
-3.37▲
2024 · -3.46
ROE
47.3%▼
2024 · 122.4%
ROA
-20.0%▲
2024 · -49.8%
Interest coverage
0.28▲
2024 · -5.65
Debt
€1.07M▲
2024 · €579k
Debt ≤ 1 year
€776k▲
2024 · €546k
Debt > 1 year
€286k▲
2024 · €28k
Income taxes
€165▲
2024 · €35
Staff costs
€1.05M▲
2024 · €1.01M
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€411k€752k▲
Fixed assets21/28€237k€578k▲
Tangible fixed assets22/27€237k€577k▲
Plant, machinery and equipment23€185k€542k▲
Furniture and vehicles24€52k€35k▼
Financial fixed assets28€595€595=
Current assets29/58€174k€174k▲
Stocks and contracts in progress3€22k€21k▼
Stocks30/36€22k€21k▼
Amounts receivable within one year40/41€11k€24k▲
Trade receivables40€1k€18k▲
Other amounts receivable41€9k€6k▼
Current investments50/53€3k€24k▲
Cash at bank and in hand54/58€100k€68k▼
Deferred charges and accrued income490/1€37k€36k▼
Equity and liabilities
Total equity and liabilities10/49€411k€752k▲
Equity10/15€-167k€-318k▼
Contributions10/11€212k€212k=
Profit (loss) carried forward14€-379k€-530k▼
Amounts payable17/49€579k€1.07M▲
Amounts payable after more than one year17€28k€286k▲
Financial debts170/4€28k€286k▲
Amounts payable within one year42/48€546k€776k▲
Current portion of amounts payable after more than one year42€65k€78k▲
Trade debts44€234k€262k▲
Suppliers440/4€234k€262k▲
Taxes, remuneration and social security45€131k€150k▲
Taxes450/3€3k€5k▲
Remuneration and social security454/9€128k€144k▲
Other amounts payable47/48€116k€287k▲
Accrued charges and deferred income492/3€5k€7k▲
Income statement
Code20242025
Non-recurring operating income76A€21k€58k▲
Remuneration, social security and pensions62€1.01M€1.05M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€81k€130k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€88
Other operating charges640/8€27k€24k▼
Gross operating margin9900€935k€1.08M▲
Operating profit (loss)9901€-186k€-121k▲
Financial income75/76B€515€650▲
Recurring financial income75€515€650▲
Financial charges65/66B€19k€29k▲
Recurring financial charges65€19k€29k▲
Profit (loss) for the period before taxes9903€-205k€-150k▲
Income taxes67/77€35€165▲
Profit (loss) for the period9904€-205k€-150k▲
Profit (loss) for the period to be appropriated9905€-205k€-150k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-379k€-530k▼
Profit (loss) brought forward from the previous period14P€-175k€-379k▼
Social balance
Average headcount (FTE)908720.120.5▲
The notes to these accounts (15 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
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-205k
Net result drops to €-205k, the lowest in the series; recovery starts the following year.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 25 days late
2021
31-12
Financial
Equity above €150kEq €153k ▲1426%
3 profitable years in a row build equity to €153k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €392k ▲490%
Operating result €408k, net result €392k, both a record.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
2019
31-12
Financial
Back to profitnet €66k
Net result €66k after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 26 days late
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
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 directors, no change since 2023
BV FBO HOLDING
CurrentDirector · since 01-04-2023 · Legal entity
01-04-2023
BV FBO HOLDING: Appointed as Director
01-04-2023
François Bouillon: Resigned as Director
Location & real-estate footprint
Registered office, Kortrijk · 1 establishment unit since 2010
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.
Vredelaan(Kor) 798500 KortrijkGround area
2,778 m²
Building footprint
1,279 m²
Volume, LiDAR
827 m³
2 parcels, Flanders, Wallonia · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MC DONALD'S
since 20102.187.334.558
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57031C0028/00A003 | Wallonia | 2,594 m² | 1 · 1,129 m² | - |
| 34353B0124/00N019 | Flanders | 184 m² | 1 · 150 m² | 10.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteTournai2.187.334.558
Similar companies · same sector, comparable size
Tschuttershof
BE 0805.292.416
Ichtegem · Eq €37k
BRISTOL / DELACOURT
BE 0895.374.336
Knokke-Heist · Eq €37k
ABOUSAID
BE 0836.004.594
Elsene · Eq €37k
Saran Dhoj
BE 0767.741.241
Antwerpen · Eq €37k
DE BOSSERIE
BE 1008.708.245
Eeklo · Eq €37k
Of 20,234 companies in sector 56111 we hold annual accounts for 11,310. 9,533 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-03-2010
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56102Limited-service restaurants
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:admin@fbo.be
Phone:056/51.77.65
Fax:056/51.77.75