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ELBELIMO

Active Public limited companyfounded 1989active for 37 yearsAsselsstraat 83, 9031 GhentKBO/BCE: BE 0437.264.320

Lifetime

19 annual accounts with figures on one time axis, 36 filings since 1989
peak €234,479 (2011)
€60,150▲ 50.3%
lowest -€75,986 (2016)
€4,232▲ €23,706
peak €764,712 (2012)
€429,151▲ 1.0%
€574,464▼ 10.9%
Board6 names since 2018
5 directors and 4 others
Documentsfilings and deeds
20-03-202641 days before the deadline
2025micro format
Gross margin from €40,011 to €60,150Back to profit: €4,232Cash from €49,982 to €33,487

Key points

from the 2025 annual accounts

Equity

€429,151 from €764,712 in 2012

Equity fell by 44% in 13 years.

Turnover

≈ €180,000 estimated

The micro format states no turnover.

Filings

36 annual accounts since 1989
deadline1990200020102020

The 2016 accounts came 103 days late. The other nine of the last ten were filed on time.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 14,768 companies had the same profile as ELBELIMO has now. Each dot stands for 37 companies, two years later.

96.1%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 14,768 companies, not a prediction for ELBELIMO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Managing director
Director
Director, since 16-03-2024
Director
Director, since 16-03-2024
Board & ownership

Recent changes

4 directors reappointed , , and · General meeting of 19-12-2023 · Gazette deed
3 directors appointed, 2 reappointments Reappointments: and · Appointments: , and (managing director) · General meeting of 16-03-2018 · Gazette deed
2 directors resigning, 2 reappointments Resignations: (managing director) and · Reappointments: (managing director) and · General meeting of 16-03-2018 · Gazette deed
First establishment Asselsstraat 83, Ghent
All 46 events

Official details

Source: KBO
Status
Active since 10-04-1989Normal situation
Activity
“Het oordeelkundig beheer van onroerend patrimonium.” (deed in Dutch)From the articles, 15 activitiesNo NACE code in the KBO yet
Establishment unit
2.121.627.9469031 Ghent, since 10-09-1990
Financial year end
30 September
Peppol
Not found in the Peppol Directory
Company details

Annual accounts to 30-09-2025

€1.0m▼ 6.2%
Filing
Filed on 20-03-2026, 41 days before the end of the filing period
Financials

Insights on ELBELIMO

ELBELIMO files the micro format. That format states no turnover. The gross margin rose from €58,799 in 2006 to €60,150 in 2025.

The balance sheet grew most from 2009 to 2011 through fixed assets.

In January 2024, the Official Gazette published the appointment of as managing director.

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 ELBELIMO

What is the company number of ELBELIMO?
The company number of ELBELIMO is 0437.264.320. The VAT number is the same number with BE in front: BE 0437.264.320.
Where is ELBELIMO based?
The registered office is at Asselsstraat 83, 9031 Ghent.Company details
What is the legal form of ELBELIMO?
ELBELIMO is a public limited company (NV).
When was ELBELIMO founded?
ELBELIMO was founded on 10-04-1989.
Is ELBELIMO still active?
Yes, ELBELIMO is an active enterprise in the KBO register.
What is the turnover of ELBELIMO?
The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €60,150 and 2,981 comparable companies of the same size. It probably lies between €120,000 and €310,000. It is a rough estimate.Financials
Is ELBELIMO profitable?
In financial year 2025, ELBELIMO made a profit of €4,232.
Where can I find the annual accounts of ELBELIMO?
ELBELIMO filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ELBELIMO due?
ELBELIMO must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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