Turnover
≈ €180,000 estimated
The micro format states no turnover.
ELCON
Overview
Lifetime
1 annual account with figurespeak €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 accountsDebts
€62,338 77% of the balance sheet
Suppliers 83%Taxes and wages 17%
Starting capital
€2,000 100 shares
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
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.
| 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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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
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
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
Annual accounts to 30-06-2025
- €23,382
- €16,666
- €18,666
- €81,005
- Filing
- Filed on 27-01-2026, 4 days before the end of the filing period
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.
Financials
Annual accounts 2025
micro format, filed on 27-01-2026, 4 days before the deadline€23,382
€21,312
€16,666
-€25,195
23.0%
0.60
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €180,000. Estimated: probably between €81,000 and €430,000.
Balance sheet
balance sheet total €81,005 on 30-06-2025What the company ownsHow it is paid for
Position in the sector
23.0%
Higher than 25% of 1,800 companies in 2025.
0.60
Higher than 9% of 1,758 companies in 2025.
20.6%
Higher than 69% of 1,765 companies in 2025.
ELCON
Middle half of the sector
80% of the sector
Micro accounts in repair and installation of machinery (NACE 33)
Net result: middle half · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
81,005 | |
21/28 |
43,861 | |
21 |
1,350 | |
22/27 |
42,511 | |
24 |
42,511 | |
29/58 |
37,144 | |
40/41 |
35,882 | |
40 |
35,882 | |
54/58 |
568 | |
490/1 |
694 | |
| Balance sheet: equity and liabilities | ||
10/49 |
81,005 | |
10/15 |
18,666 | |
10/11 |
2,000 | |
14 |
16,666 | |
17/49 |
62,338 | |
42/48 |
62,338 | |
44 |
51,615 | |
440/4 |
51,615 | |
45 |
10,723 | |
450/3 |
10,723 | |
| Income statement | ||
9900 |
23,382 | |
630 |
2,070 | |
9901 |
21,312 | |
9903 |
21,312 | |
67/77 |
4,646 | |
9904 |
16,666 | |
9905 |
16,666 | |
| Appropriation of the result | ||
9906 |
16,666 | |
| Document | ||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 27-01-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 27-01-2026 | 2026-00014400 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 23,382 | ||
| 18,736 | ||
| 43,900 | ||
| -25,195 | ||
| 23.0% | ||
| 0.60 | ||
| 3.34 | ||
| 89.3% | ||
| 20.6% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 30-06-2025 |
|---|---|
| Tangible fixed assets | €42,550 |
| Intangible fixed assets | €1,350 |
| €2,070 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on ELCON
Debt's share of the balance-sheet total is 77.0%.
Board & ownership
Board
1 director, since incorporationMandates through the years
1 name, the dashed line is todayDirector
Board
Mandates as a list
-
- Director, appointed by deed of 04-06-2025, still in office
Control
Founder
This company
ELCON
Equity €18,666
Profit €16,666 in 2025
Capital
- Contribution
- €2,000
- Shares
- 100
- Contribution per share
- €20
- Equity per share
- €187 in 2025
- Source
- deed of 04-06-2025
Articles of association
deed of 04-06-2025 (in German)- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Mit oder ohne Beschränkung der Dauer, Verwaltungsorgan”
- Permanent representative ruleA company that is a director names a natural person to carry out the mandate on its behalf.
- “Ständiger Vertreter, darf weder in eigenem Namen noch als Vertreter einer anderen juristischen Person in demselben Verwaltungsorgan tagen”
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- 100 shares“Gleiche Berechtigung an der Gewinnverteilung oder an dem Liquidationssaldo”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- “Wenn die Gesellschaft mehrere Verwalter hat, kann jeder Verwalter, allein handelnd, alle notwendigen oder nützlichen Verwaltungs- und…”
Shareholders
At incorporation
deed of 04-06-2025 ↗
- 100 shares (100%) · €2,000 in cash
Network & group
No group
ELCON has no parent and no holdings in its annual accounts. is the only director. ELCON shares no director with another company.
Timeline
Timeline
4 events since 2025Filings
Establishments
20252026
2026
Annual accounts 2025 filed NBBmicro format · 4 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1023886270
First establishment Hünningen 243, Bullange
IncorporationFounding capital of €2,000, 100 shares · Founder: · Appointment: (director) · published on 04-06-20256 points ▸
- Founder,
- Founding capital, €2,000, 100 shares
- Registered office clause, 4760 Büllingen – Hünningen 243 A
- Board rule, 1
- Director appointment,
- Permanent representative, (ständiger vertreter)
- The deed holds 4 more points.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1023.886.270
- VAT number
- BE 1023.886.270
- Peppol ID
- 0208:1023886270
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 02-06-2025
- Financial year
- ends on 30 June
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- “Wenn die Gesellschaft mehrere Verwalter hat, kann jeder Verwalter, allein handelnd, alle notwendigen oder nützlichen Verwaltungs- und…”deed of 04-06-2025 (in German)
- Peppol
- Reachable since 13-09-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- ELCON in German
- Entity type
- Legal entity
Activities
NACEBEL 202533200
Installation of industrial machinery and equipment main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Allgemeine elektrotechnische Installationsarbeiten; Heizungs- sowie Lüftungs- und Klimainstallationen, getrieben mit elektronischem Strom…”deed of 04-06-2025 (in German)
5 activities
- Allgemeine elektrotechnische Installationsarbeiten
- Heizungs- sowie Lüftungs- und Klimainstallationen, getrieben mit elektronischem Strom
- Installation von Industriemaschinen und -ausrüstungen
- Handel, Import und Export von elektronischem Material, von Werkzeugen und Maschinen aller Art
- Dienstleistungen alle Art in nicht geschützten Berufen
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Hünningen 243 registered office 4760 Bullange | 04-06-2025 | 2.374.203.276 |
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1023.886.270