Summary
ELCHAR is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €403k and a net result of €1k. Equity is growing by ~2.5% per year across the filed fiscal years. Its solvency ranks better than 70% of 5527 sector peers (fiscal year 2025). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 29-12-2025, 33 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
33 d early
2024
32 d early
2023
41 d early
2022
39 d early
2021
39 d early
2020
41 d early
2019
25 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€403k▲ 0.4%
2024 · €402k
2019: €355k
2020: €355k
2021: €366k
2022: €389k
2023: €404k
2024: €402k
2019 → 2025
Net result
€1k
2024 · €-2k
2019: €350
2020: €13k
2021: €45k
2022: €53k
2023: €30k
2024: €-2k
2019 → 2025
Total assets
€548k▼ 0.1%
2024 · €548k
2019: €555k
2020: €564k
2021: €565k
2022: €549k
2023: €548k
2024: €548k
2019 → 2025
Solvency
73.6%▲ 0.3pp
2024 · 73.3%
2019: 64.0%
2020: 63.0%
2021: 64.7%
2022: 70.8%
2023: 73.7%
2024: 73.3%
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€366k-€389k▲ 6.4%€404k▲ 3.9%€402k▼ 0.6%€403k▲ 0.4%
Operating result€50-€-157€-311▼ 98.2%€-2k▼ 550%€779
Net result€45k-€53k▲ 18.2%€30k▼ 43.6%€-2k€1k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €779 after a loss of €2k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €548k
Fixed assets
€547k =
Current assets
€584 ▼ 36.0%
Equity and liabilities €548k
Equity
€403k ▲ 0.4%
Debt
€145k ▼ 1.2%
Debt's share of the balance-sheet total falls from 26.7% to 26.4%. Equity is higher and debt is lower.
Key figures and ratios
ROE
0.4%▲
2024 · -0.6%
ROA
0.3%▲
2024 · -0.4%
Debt ≤ 1 year
€145k▼
2024 · €147k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€548k€548k▼
Fixed assets21/28€547k€547k=
Financial fixed assets28€547k€547k=
Current assets29/58€913€584▼
Cash at bank and in hand54/58€913€584▼
Equity and liabilities
Total equity and liabilities10/49€548k€548k▼
Equity10/15€402k€403k▲
Contributions10/11€125k€125k=
Reserves13€277k€278k▲
Non-distributable reserves130/1€13k€13k=
Reserves not available under the articles1311€13k€13k=
Distributable reserves133€264k€266k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€147k€145k▼
Amounts payable within one year42/48€147k€145k▼
Trade debts44€350€821▲
Suppliers440/4€350€821▲
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Other amounts payable47/48€146k€144k▼
Income statement
Code20242025
Other operating charges640/8€493€505▲
Gross operating margin9900€-2k€1k▲
Operating profit (loss)9901€-2k€779▲
Financial income75/76B€0€998▲
Recurring financial income75€0€998▲
Financial charges65/66B€324€329▲
Recurring financial charges65€324€329▲
Profit (loss) for the period before taxes9903€-2k€1k▲
Income taxes67/77€0-
Profit (loss) for the period9904€-2k€1k▲
Profit (loss) for the period to be appropriated9905€-2k€1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€1k▲
Transfer from equity791/2€2k€0▼
Transfer to equity691/2€0€1k▲
To other reserves6921€0€1k▲
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (3 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
2025
29-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
30-06
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
2024
30-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
30-06
Financial
Weakest financial yearnet €-2k ▼108%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
2023
21-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
23-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
30-06
Financial
Highest result since 2019net €53k ▲18.2%
Net result €53k, the highest in the series.
2021
23-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
21-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
06-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
16-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
19-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
19-12
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 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, Bornem · 1 establishment unit since 2005
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.
Nonnenbos(BRA) 532880 BornemGround area
2,616 m²
Building footprint
297 m²
Volume, LiDAR
1,125 m³
Parcel 12362H0501/00Z000, Flanders · tallest building 6.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
ELCHAR
since 20052.146.545.761
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12362H0501/00Z000 | Flanders | 2,616 m² | 1 · 296 m² | 6.0 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
BLAUW BLOED
BE 0736.312.548
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Mevex
BE 0720.753.649
Boechout · Eq €403,422
PROFIMAX
BE 0849.144.730
Vosselaar · Eq €403,436
MIA SAN MIA
BE 0674.934.017
Zedelgem · Eq €403,495
DEVLOP FACILITIES
BE 0472.806.803
Kontich · Eq €403,519
Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 13,747 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-03-2005
Fiscal year end30-06
Activities, NACEBEL 2025
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.