Turnover
≈ €160,000 estimated
The micro format states no turnover.
Elbas
Lifetime
6 annual accounts with figures on one time axispeak €86,689 (2024)
€68,951▼ 20.5%
lowest -€27,138 (2022)
€3,995▲ €29,395
peak €45,291 (2021)
€14,662▲ 37.5%
€1.7m▼ 1.9%
Board1 name since 2019
1 directorSPAAS Sarah
Documentsfilings and deeds
15-12-202547 days before the deadline
2025micro format
Gross margin from €86,689 to €68,951Back to profit: €3,995Equity from €10,667 to €14,662Cash from €46,094 to €81,598
Key points
from the 2025 annual accountsDebts
€1.7m 99% of the balance sheet
Financial debts 95%Taxes and wages 0%Other 4%
Of this, €74,965 falls due within a year.
Position in the sector
0.9%
Lower solvency than 90% of companies in financial services. Sector median 50.9% · 9,770 companies.
Financial institution: outside the modelBankruptcy probability: sector outside the model
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Two signals.
raises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 9770 sector peers (2025).
NBB · sector comparisonPosition among 9770 sector peers
Solvency
better than 9%
← weakest
strongest →
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 15-12-2025, 47 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
47 days early
2024
15 days early
2023
on the day
2022
4 days early
2021
11 days late
2020
23 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 5 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 27 January (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0732568843
Incorporation
Founder: SPAAS Sarah · Founding capital of €10,000, 10 shares · Appointment: SPAAS Sarah (director) · published on 16-08-2019 · Gazette deed
First establishment
Houthalense Heiweg 7, Houthalen-Helchteren
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Elbas Houthalen-Helchteren | €1.7m | €68,951 | 0.9% | - |
| Bluemont Antwerp | €1.7m | €67,610 | 86.1% | 0.7 |
| ZuidtrAnt-W Mortsel | €1.4m | €70,939 | 86.7% | - |
| PROPS Merchtem | €1.5m | €76,567 | 13.8% | - |
| Steph's Project Ghent | €1.4m | €74,455 | 66.6% | - |
| ZOROF Jabbeke | €1.7m | €58,592 | 40.6% | - |
| POLY3 Diksmuide | €1.4m | €72,326 | 72.7% | 0 |
These companies have the same main activity as Elbas: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €1.4m and €1.7m, founded between 2019 and 2020.
Official details
Source: KBO- Status
- Active since 13-08-2019Normal situation
- Activity
- Activities of holding companiesNACE 64210and 1 other
- Establishment unit
- 2.295.516.4803530 Houthalen-Helchteren, since 13-08-2019
- Financial year end
- 30 June
- Peppol
- Reachable since 04-12-2025
Annual accounts to 30-06-2025
- €1.7m▼ 1.7%
- Filing
- Filed on 15-12-2025, 47 days before the end of the filing period
Insights on Elbas
Elbas files the micro format. That format states no turnover. The gross margin rose from €42,002 in 2020 to €68,951 in 2025.
The balance sheet grew most from 2021 to 2023 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Elbas
- What is the company number of Elbas?
- The company number of Elbas is 0732.568.843. The VAT number is the same number with BE in front: BE 0732.568.843.
- Where is Elbas based?
- The registered office is at Houthalense Heiweg 7, 3530 Houthalen-Helchteren.Company details
- What does Elbas do?
- According to the KBO register, the main activity is activities of holding companies (NACE 64210).
- What is the legal form of Elbas?
- Elbas is a private limited company (BV).
- When was Elbas founded?
- Elbas was founded on 13-08-2019.
- Is Elbas still active?
- Yes, Elbas is an active enterprise in the KBO register.
- What is the turnover of Elbas?
- The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €68,951 and 40 comparable companies (NACE 64210). It probably lies between €100,000 and €200,000.Financials
- Is Elbas profitable?
- In financial year 2025, Elbas made a profit of €3,995.
- Where can I find the annual accounts of Elbas?
- Elbas filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Elbas due?
- Elbas must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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