ELCA
ActiveSummary
The computed 12-month bankruptcy probability of ELCA is 12.8% (high). For ELCA, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show negative equity (-€43,864) and a net result of -€22,137. Equity is shrinking by about 11% per year across the filed financial years. The company has been active since 2000 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).
Financials · financial year 2021, abbreviated format
2022 annual accounts not yet filed, deadline passed on 31 July 2023 Financial year closed on 31 December 2022; filing due at the latest 7 months after the close (Companies Code art. 3:10). 4 financial years without a filing since the last one filed. Source: NBB filings, as of 19 October 2026.
2018 to 2021, 4 financial years 2018 to 2021, 4 financial years
The operating result turns negative in 2021: a loss of €183,683 after €25,610 in 2020, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €58 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,491 | €4,153 | €3,812 | €4,527 | ▲ 18.7% |
| Other operating charges640/8 | - | - | - | €142,418 | - |
| Gross operating margin9900 | €7,380 | -€16,068 | €31,723 | -€36,680 | - |
| Operating profit (loss)9901 | €1,076 | -€23,928 | €25,610 | -€183,683 | - |
| Financial income75/76B | - | - | - | €162,755 | - |
| Recurring financial income75 | €11 | - | €2,081 | €2,096 | ▲ 0.7% |
| Non-recurring financial income76B | - | - | - | €160,659 | - |
| Financial charges65/66B | - | - | - | €1,208 | - |
| Recurring financial charges65 | €1,454 | €1,106 | €932 | €1,208 | ▲ 29.6% |
| Profit (loss) for the period before taxes9903 | -€368 | -€25,033 | €26,760 | -€22,137 | - |
| Income taxes67/77 | €137 | €140 | €1,169 | - | - |
| Profit (loss) for the period9904 | -€504 | -€25,173 | €25,590 | -€22,137 | - |
| Profit (loss) for the period to be appropriated9905 | -€504 | -€25,173 | €25,590 | -€22,137 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €555,152 | €536,787 | €521,602 | €516,812 | ▼ 0.9% |
| Fixed assets21/28 | €302,727 | €304,623 | €307,388 | €8,495 | ▼ 97.2% |
| Tangible fixed assets22/27 | €302,727 | €304,623 | €307,388 | €8,495 | ▼ 97.2% |
| Plant, machinery and equipment23 | - | - | - | €645 | - |
| Furniture and vehicles24 | - | - | - | €7,850 | - |
| Current assets29/58 | €252,425 | €232,163 | €214,214 | €508,316 | ▲ 137% |
| Stocks and contracts in progress3 | €17,000 | €6,500 | €2,250 | - | - |
| Amounts receivable within one year40/41 | €181,006 | €193,089 | €190,347 | €500,527 | ▲ 163% |
| Trade receivables40 | - | - | - | €58,817 | - |
| Other amounts receivable41 | - | - | - | €441,709 | - |
| Cash at bank and in hand54/58 | €54,419 | €32,574 | €21,530 | €7,790 | ▼ 63.8% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €555,152 | €536,787 | €521,602 | €516,812 | ▼ 0.9% |
| Equity10/15 | -€22,144 | -€47,317 | -€21,727 | -€43,864 | ▼ 102% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | - | - | €62,000 | - |
| Issued capital100 | - | - | - | €62,000 | - |
| Profit (loss) carried forward14 | -€84,144 | -€109,317 | -€83,727 | -€105,864 | ▼ 26.4% |
| Amounts payable17/49 | €577,296 | €584,104 | €543,329 | €560,675 | ▲ 3.2% |
| Amounts payable after more than one year17 | €25,943 | €18,730 | €11,358 | - | - |
| Amounts payable within one year42/48 | €551,353 | €565,375 | €531,970 | €560,675 | ▲ 5.4% |
| Financial debts43 | - | - | - | €7 | - |
| Credit institutions430/8 | - | - | - | €7 | - |
| Trade debts44 | €106,365 | €83,758 | €20,271 | €42,244 | ▲ 108% |
| Suppliers440/4 | - | - | - | €42,244 | - |
| Taxes, remuneration and social security45 | - | - | - | €2,392 | - |
| Taxes450/3 | - | - | - | €2,392 | - |
| Other amounts payable47/48 | - | - | - | €516,033 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€504 | -€25,173 | €25,590 | -€22,137 | - |
| + Depreciation and write-downs630 | €4,491 | €4,153 | €3,812 | €4,527 | ▲ 18.7% |
| Operating cash flow (approximation) | €3,987 | -€21,020 | €29,403 | -€17,610 | - |
| Investment in fixed assets (approximation) | - | -€6,050 | -€6,577 | €294,366 | - |
| Change in cash | - | -€21,845 | -€11,044 | -€13,741 | ▼ 24.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 22 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2021 | abbreviated format | 31-08-2022 | 2022-20365921 |
| 31-12-2020 | abbreviated format | 13-07-2021 | 2021-34200396 |
| 31-12-2019 | abbreviated format | 30-10-2020 | 2020-65100485 |
| 31-12-2018 | micro format | 27-10-2019 | 2019-72800357 |
| 31-12-2017 | micro format | 31-08-2018 | 2018-54900558 |
| 31-12-2016 | micro format | 08-02-2018 | 2018-04600151 |
| 31-12-2015 | abbreviated format | 28-07-2016 | 2016-35900421 |
| 31-12-2014 | abbreviated format | 20-05-2016 | 2016-12500545 |
| 31-12-2013 | abbreviated format | 07-10-2014 | 2014-63300402 |
| 31-12-2012 | abbreviated format | 25-09-2014 | 2014-59600587 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.