ELBADO
ActiveELBADO has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €774k and a net result of €2k. Equity is growing by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 9520 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
86
/ 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability2▼-3
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 28.6 against 8.62 in 2023), and 1.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 82
Relative position
BE, all sectors
reference
Sector 82
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 2024Solvency, return and age of the figures
Solvency
98.9%
Return on assets
0.3%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-06-2025, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
59 d early
2023
41 d early
2022
31 d early
2021
11 d early
2020
15 d early
2019
17 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€774k▲ 0.3%
2023 · €772k
2018: €666k
2019: €690k
2020: €719k
2021: €737k
2022: €764k
2023: €772k
2018 → 2024
Total assets
€782k▼ 1.2%
2023 · €792k
2018: €798k
2019: €808k
2020: €823k
2021: €834k
2022: €822k
2023: €792k
2018 → 2024
Net result
€2k▼ 66.0%
2023 · €7k
2018: €22k
2019: €23k
2020: €29k
2021: €18k
2022: €28k
2023: €7k
2018 → 2024
Working capital
€112k▼ 1.6%
2023 · €114k
2018: €-8k
2019: €35k
2020: €83k
2021: €114k
2022: €79k
2023: €114k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€719k-€737k▲ 2.4%€764k▲ 3.8%€772k▲ 0.9%€774k▲ 0.3%
Operating result€45k-€35k▼ 20.4%€41k▲ 16.6%€11k▼ 72.6%€4k▼ 64.3%
Net result€29k-€18k▼ 40.2%€28k▲ 58.4%€7k▼ 74.4%€2k▼ 66.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 64% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €782k
Fixed assets
€666k▲ 0.5%
Current assets
€116k▼ 9.9%
Equity and liabilities €782k
Equity
€774k▲ 0.3%
Debt
€8k▼ 59.4%
The debt ratio falls from 2.6% to 1.1%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€43k▼
2023 · €48k
Cash flow
€41k▼
2023 · €44k
Solvency
98.9%▲
2023 · 97.4%
Current ratio
28.60▲
2023 · 8.62
Quick ratio
28.60▲
2023 · 8.62
Debt / equity
0.01▼
2023 · 0.03
ROE
0.3%▼
2023 · 0.9%
ROA
0.3%▼
2023 · 0.9%
Interest coverage
73.87▲
2023 · 67.79
Debt
€8k▼
2023 · €21k
Debt ≤ 1 year
€4k▼
2023 · €15k
Income taxes
€1k▼
2023 · €4k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€792k€782k▼
Fixed assets21/28€663k€666k▲
Tangible fixed assets22/27€663k€666k▲
Land and buildings22€642k€650k▲
Furniture and vehicles24€21k€15k▼
Financial fixed assets28€25€25=
Current assets29/58€129k€116k▼
Amounts receivable within one year40/41€5k€14k▲
Trade receivables40€3k€2k▼
Other amounts receivable41€2k€12k▲
Current investments50/53-€3k
Cash at bank and in hand54/58€124k€98k▼
Deferred charges and accrued income490/1€935€1k▲
Equity and liabilities
Total equity and liabilities10/49€792k€782k▼
Equity10/15€772k€774k▲
Contributions10/11€57k€57k=
Reserves13€271k€271k=
Non-distributable reserves130/1€6k-
Reserves not available under the articles1311€6k-
Distributable reserves133€265k€271k▲
Profit (loss) carried forward14€444k€446k▲
Amounts payable17/49€21k€8k▼
Amounts payable within one year42/48€15k€4k▼
Current portion of amounts payable after more than one year42€6k-
Trade debts44€4k€829▼
Suppliers440/4€4k€829▼
Taxes, remuneration and social security45€3k€2k▼
Taxes450/3€3k€2k▼
Other amounts payable47/48€1k€915▼
Accrued charges and deferred income492/3€6k€4k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€39k▲
Other operating charges640/8€10k€8k▼
Gross operating margin9900€58k€51k▼
Operating profit (loss)9901€11k€4k▼
Financial income75/76B€0€0=
Recurring financial income75€0€0=
Financial charges65/66B€706€582▼
Recurring financial charges65€706€582▼
Profit (loss) for the period before taxes9903€11k€3k▼
Income taxes67/77€4k€1k▼
Profit (loss) for the period9904€7k€2k▼
Profit (loss) for the period to be appropriated9905€7k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€451k€446k▼
Profit (loss) brought forward from the previous period14P€444k€444k=
Transfer to equity691/2€7k-
To other reserves6921€7k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €2k ▼66%
Net result drops to €2k, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 28.60
Current ratio from 8.62 to 28.60; short-term debt falls from €15k to €4k.
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 8.62
Current ratio from 2.60 to 8.62; short-term debt falls from €49k to €15k.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €29k ▲25%
Operating result €45k, net result €29k, both a record.
17-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 17 days late
2019
31-12
Financial
Liquidity triplescurrent ratio 2.42
Current ratio from 0.72 to 2.42; short-term debt falls from €27k to €25k.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
16-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Nazareth-De Pinte · 1 establishment unit since 2011
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.
Plezierstraat 59810 Nazareth-De PinteGround area
1,592 m²
Building footprint
133 m²
Volume, LiDAR
264 m³
Parcel 44048H0343/00E000, Flanders · tallest building 3.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
ELBADO
since 20112.202.152.396
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44048H0343/00E000 | Flanders | 1,592 m² | 1 · 133 m² | 3.9 m · 1 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.
Similar companies · same sector, comparable size
Investissements et Transactions Commerciales
BE 0447.863.648
Ukkel · Eq €775k
B-SURE TOGETHER
BE 0754.813.418
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VAN IN
BE 0460.690.909
Schilde · Eq €773k
Camano
BE 0672.522.378
Lo-Reninge · Eq €776k
NOVA VISION
BE 0729.723.278
Kapellen · Eq €772k
Of 24,419 companies in sector 82990 we hold annual accounts for 9,361. 5,043 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-07-2011
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
68321Property management for co-owned buildings (syndics)
68322Real estate activities
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.