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ELCON

Active Private limited companyfounded 2025active for 1 yearHünningen 243, 4760 BullangeKBO/BCE: BE 1023.886.270

Lifetime

1 annual account with figures
peak €23,382 (2025)
€23,382 
peak €16,666 (2025)
€16,666 
peak €18,666 (2025)
€18,666 
€62,338 
Board1 name since 2025
1 director
Documentsfilings and deeds
27-01-20264 days before the deadline
2025micro format
Incorporation 04-061 establishment registeredFirst year with figures

Key points

from the 2025 annual accounts

Turnover

≈ €180,000 estimated

The micro format states no turnover.

Debts

€62,338 77% of the balance sheet
Suppliers 83%Taxes and wages 17%

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 2,389 companies had the same profile as ELCON has now. Each dot stands for 6 companies, two years later.

96.6%
were still trading
2.1%
stopped another way
1.2%
went bankrupt
  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

Another 0.2% 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 2,389 companies, not a prediction for ELCON. 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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Signals

Board and ownership

Director
  • 100 sharesdeed of 04-06-2025
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:1023886270
First establishment Hünningen 243, Bullange
Incorporation Founding capital of €2,000, 100 shares · Founder: · Appointment: (director) · published on 04-06-2025 · Gazette deed
All 4 events

Comparable companies

same main activity, similar in size and age
Company
ELCON Bullange €81,005 €23,382 23.0% -
MBI SOLUTIONS TECH & SUPPORT Heusden-Zolder €70,468 €24,971 12.9% -
HBB SOLUTIONS Malmedy €68,830 €16,203 16.0% -
R031 Bree €103,579 €32,757 26.0% -
Industriële Service MK BV Sint-Niklaas €66,627 €36,816 41.7% -
Atelier Soudeur Ingelmunster €132,082 €28,625 8.7% -
ITBWorks.pro Eghezée €85,223 €26,450 78.6% -

These companies have the same main activity as ELCON: installation of industrial machinery and equipment (NACE 33200). They are comparable in size and age: total assets between €66,600 and €132,000, founded between 2024 and 2025.

Official details

Source: KBO
Status
Active since 02-06-2025Normal situation
Activity
Installation of industrial machinery and equipmentNACE 33200and 5 others
Establishment unit
2.374.203.2764760 Bullange, since 04-06-2025
Financial year end
30 June
Peppol
Reachable since 13-09-2025
Company details

Annual accounts to 30-06-2025

€81,005
Filing
Filed on 27-01-2026, 4 days before the end of the filing period
Financials

Insights on ELCON

The 2025 annual accounts show equity of €18,666 and a net result of €16,666. Its solvency ranks better than 25% of 1,800 sector peers (NACE 33, financial year 2025).

The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.

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 ELCON

What is the company number of ELCON?
The company number of ELCON is 1023.886.270. The VAT number is the same number with BE in front: BE 1023.886.270.
Where is ELCON based?
The registered office is at Hünningen 243, 4760 Bullange.Company details
What does ELCON do?
According to the KBO register, the main activity is installation of industrial machinery and equipment (NACE 33200).
What is the legal form of ELCON?
ELCON is a private limited company (BV).
When was ELCON founded?
ELCON was founded on 02-06-2025.
Is ELCON still active?
Yes, ELCON is an active enterprise in the KBO register.
What is the turnover of ELCON?
The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €23,382 and 6,298 comparable companies of the same size. It probably lies between €81,000 and €430,000. It is a rough estimate.Financials
Is ELCON profitable?
In financial year 2025, ELCON made a profit of €16,666.
Where can I find the annual accounts of ELCON?
ELCON filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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