ELCOMET
ActiveELCOMET has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €651k and a net result of €80k. Equity is growing by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 63% of 405 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▲+2
Solvency81▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 1.9 against 1.93 in 2024; short-term debt: 33.8% and cash: 29.6% of total assets), and 44.4% 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 · 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 2025Solvency, return and age of the figures
Solvency
55.6%
Return on assets
6.8%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
9 d early
2023
7 d early
2022
5 d early
2021
6 d early
2020
2 d early
2019
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€651k▲ 10.5%
2024 · €590k
2018: €442k
2019: €460k
2020: €427k
2021: €445k
2022: €488k
2023: €564k
2024: €590k
2018 → 2025
Total assets
€1.17M▲ 1.1%
2024 · €1.16M
2018: €768k
2019: €861k
2020: €811k
2021: €733k
2022: €992k
2023: €1.07M
2024: €1.16M
2018 → 2025
Net result
€80k▲ 44.9%
2024 · €55k
2018: €39k
2019: €18k
2020: €3k
2021: €18k
2022: €53k
2023: €82k
2024: €55k
2018 → 2025
Working capital
€357k▲ 7.6%
2024 · €331k
2018: €372k
2019: €372k
2020: €340k
2021: €275k
2022: €316k
2023: €326k
2024: €331k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€445k-€488k▲ 9.7%€564k▲ 15.5%€590k▲ 4.5%€651k▲ 10.5%
Operating result€30k-€62k▲ 106%€112k▲ 81.0%€78k▼ 30.1%€124k▲ 58.4%
Net result€18k-€53k▲ 195%€82k▲ 53.4%€55k▼ 33.0%€80k▲ 44.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 58% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.17M
Fixed assets
€420k▼ 11.1%
Current assets
€753k▲ 9.4%
Equity and liabilities €1.17M
Equity
€651k▲ 10.5%
Debt
€521k▼ 8.7%
The debt ratio falls from 49.2% to 44.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€247k▲
2024 · €177k
Cash flow
€202k▲
2024 · €154k
Solvency
55.6%▲
2024 · 50.8%
Current ratio
1.90▼
2024 · 1.93
Quick ratio
1.59▲
2024 · 1.59
Debt / equity
0.80▼
2024 · 0.97
ROE
12.2%▲
2024 · 9.3%
ROA
6.8%▲
2024 · 4.7%
Interest coverage
23.87▲
2024 · 17.77
Debt
€521k▼
2024 · €571k
Debt ≤ 1 year
€396k▲
2024 · €357k
Debt > 1 year
€114k▼
2024 · €209k
Income taxes
€37k▲
2024 · €18k
Staff costs
€454k▲
2024 · €427k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.16M€1.17M▲
Fixed assets21/28€472k€420k▼
Tangible fixed assets22/27€472k€420k▼
Plant, machinery and equipment23€336k€298k▼
Furniture and vehicles24€107k€97k▼
Other tangible fixed assets26€29k€24k▼
Current assets29/58€688k€753k▲
Stocks and contracts in progress3€123k€124k▲
Stocks30/36€43k€47k▲
Contracts in progress37€80k€77k▼
Amounts receivable within one year40/41€323k€282k▼
Trade receivables40€254k€217k▼
Other amounts receivable41€69k€65k▼
Cash at bank and in hand54/58€232k€346k▲
Deferred charges and accrued income490/1€11k€0▼
Equity and liabilities
Total equity and liabilities10/49€1.16M€1.17M▲
Equity10/15€590k€651k▲
Contributions10/11€19k€19k=
Reserves13€571k€633k▲
Distributable reserves133€571k€633k▲
Profit (loss) carried forward14-€0
Amounts payable17/49€571k€521k▼
Amounts payable after more than one year17€209k€114k▼
Financial debts170/4€209k€114k▼
Amounts payable within one year42/48€357k€396k▲
Current portion of amounts payable after more than one year42€93k€95k▲
Trade debts44€148k€174k▲
Suppliers440/4€148k€174k▲
Taxes, remuneration and social security45€80k€112k▲
Taxes450/3€24k€37k▲
Remuneration and social security454/9€56k€75k▲
Other amounts payable47/48€35k€15k▼
Accrued charges and deferred income492/3€5k€11k▲
Income statement
Code20242025
Non-recurring operating income76A-€2k
Remuneration, social security and pensions62€427k€454k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€99k€123k▲
Other operating charges640/8€7k€6k▼
Gross operating margin9900€611k€706k▲
Operating profit (loss)9901€78k€124k▲
Financial income75/76B€4k€3k▼
Recurring financial income75€4k€3k▼
Financial charges65/66B€10k€10k▲
Recurring financial charges65€10k€10k▲
Profit (loss) for the period before taxes9903€72k€116k▲
Income taxes67/77€18k€37k▲
Profit (loss) for the period9904€55k€80k▲
Profit (loss) for the period to be appropriated9905€55k€80k▲
Appropriation of the result
Profit (loss) to be appropriated9906€55k€80k▲
Transfer from equity791/2€29k€18k▼
Transfer to equity691/2€55k€80k▲
To the legal reserve6920-€0
To other reserves6921€55k€80k▲
Profit to be distributed694/7€29k€18k▼
Return on contributions (dividend)694€29k€18k▼
Social balance
Average headcount (FTE)90877.47.7▲
The notes to these accounts (20 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
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €82k ▲53.4%
Net result €82k, the highest in the series.
31-12
Financial
Equity above €500kEq €564k ▲15.5%
6 profitable years in a row build equity to €564k.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €3k ▼85.5%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-07
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
4 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, Meerhout · 1 establishment unit since 2009
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.
Ambachtsstraat 102450 MeerhoutGround area
4,083 m²
Building footprint
1,352 m²
Volume, LiDAR
11,638 m³
Parcel 13462D1593/00B000, Flanders · tallest building 10.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Ambachtsstraat 10, 2450 Meerhout
since 20092.179.714.912
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13462D1593/00B000 | Flanders | 4,083 m² | 1 · 1,352 m² | 10.7 m · 3 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 7 entries · 36,546 EUR awarded · 36,398 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 8,292 EUR | 8,292 EUR |
| 2024 | 2 | 11,807 EUR | 11,659 EUR |
| 2023 | 2 | 14,395 EUR | 14,395 EUR |
| 2022 | 1 | 2,052 EUR | 2,052 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
2 live approvals · 7 endedHoeknaadlasser duaal (so)
Lassen-constructie duaal (so)
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Of 136 companies in sector 28410 we hold annual accounts for 107. 89 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-05-1992
Fiscal year end31-12
Activities, NACEBEL
22120Manufacture of rubber and plastic products
28410Manufacture of machinery and equipment not elsewhere classified
29420
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:014/225039