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ELEGIA

Active
Private limited companyfounded 200520 yrs activeBosstraat 58, 3560 Lummen, BelgiumKBO/BCE: BE 0877.066.179
Summary

ELEGIA has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.7m and a net result of -€4,297. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 95% of 648 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability37▲+5
Solvency100=
Growth35=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140,000 at 30 days acceptable
short-term debt: 0.1% and cash: 65.3% of total assets, and 0.1% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 20 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
99.9%
Return on assets
-0.3%
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 d early
2024
13 d early
2023
23 d early
2022
41 d early
2021
40 d early
2020
39 d early
2019
39 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 32 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 30 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

ELEGIA was incorporated on 3 November 2005.1 Revenue fell from EUR 264,000 in 2018 to EUR 59,000 in 2020.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2020

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Financials · fiscal year 2025, abbreviated schema

Turnover
€0▼ 100%
2020 · €59,000
EBIT margin
92.0%▲ 62.0pp
2019 · 30.0%
Net result
-€4,297▲ 87.4%
2024 · -€34,181
Working capital
€1.2m▼ 0.4%
2024 · €1.2m
Trend over the years
In euros
In per cent
In euros
No line ticked in this group.
In per cent
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€0▼ 100%
Operating result-€14,236-€5,087▲ 64.3%-€6,678▼ 31.3%-€35,446▼ 431%-€5,503▲ 84.5%
Net result-€13,919below the sector's middle half-€3,621below the sector's middle half▲ 74.0%-€5,474below the sector's middle half▼ 51.2%-€34,181below the sector's middle half▼ 524%-€4,297below the sector's middle half▲ 87.4%
EBIT margin
Equity€1.7mabove the sector's middle half▼ 0.8%€1.7mabove the sector's middle half▼ 0.2%€1.7mabove the sector's middle half▼ 0.3%€1.7mabove the sector's middle half▼ 2.0%€1.7mabove the sector's middle half▼ 0.3%
Total assets€1.7mabove the sector's middle half▼ 1.0%€1.7mabove the sector's middle half▲ 0.1%€1.7mwithin the sector's middle half▼ 0.8%€1.7mabove the sector's middle half▼ 1.9%€1.7mabove the sector's middle half▼ 0.3%
Debt€3,914▼ 48.0%€8,496▲ 117%€753▼ 91.1%€2,279▲ 203%€1,195▼ 47.6%
Working capital€1.2mabove the sector's middle half▼ 1.1%€1.2mabove the sector's middle half▼ 0.3%€1.2mabove the sector's middle half▼ 0.4%€1.2mabove the sector's middle half▼ 2.8%€1.2mabove the sector's middle half▼ 0.4%
Solvency99.8%above the sector's middle half▲ 0.2pp99.5%above the sector's middle half▼ 0.3pp100.0%above the sector's middle half▲ 0.5pp99.9%above the sector's middle half▼ 0.1pp99.9%above the sector's middle half▲ 0.1pp
Current ratio
Return on assets (ROA)-0.8%below the sector's middle half▼ 3.2pp-0.2%within the sector's middle half▲ 0.6pp-0.3%within the sector's middle half▼ 0.1pp-2.0%below the sector's middle half▼ 1.7pp-0.3%within the sector's middle half▲ 1.8pp
above within below the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€40,000-€30,000-€20,000-€10,000€0Operating result 2021: -€14,236-€14,236Net result 2021: -€13,919-€13,919Operating result 2022: -€5,087-€5,087Net result 2022: -€3,621-€3,621Operating result 2023: -€6,678-€6,678Net result 2023: -€5,474-€5,474Operating result 2024: -€35,446-€35,446Net result 2024: -€34,181-€34,181Operating result 2025: -€5,503-€5,503Net result 2025: -€4,297-€4,29720212022202320242025-€40,000-€30,000-€20,000-€10,000€0Operating result 2023: -€6,678-€6,680Net result 2023: -€5,474-€5,470Operating result 2024: -€35,446-€35,400Net result 2024: -€34,181-€34,200Operating result 2025: -€5,503-€5,500Net result 2025: -€4,297-€4,300202320242025
The operating result stays negative: a loss of €5,503 in 2025 against €35,446 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.7m
Fixed assets €460,014 =
Current assets €1.2m ▼ 0.4%
Equity and liabilities €1.7m
Equity €1.7m ▼ 0.3%
Debt €1,195 ▼ 47.6%
Debt's share of the balance-sheet total falls from 0.1% to 0.1%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
Debt to equity
0.00▼
2024 · 0.00
ROE
-0.3%▲
2024 · -2.1%
Debt ≤ 1 year
€1,195▼
2024 · €2,279
A ratio outside any meaningful range has been withheld (balance sheet total €1.7m, equity €1.7m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 8,612 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.4% went bankrupt
5.1% stopped otherwise
94% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 8,612 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 32 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.7m€1.7m▼
Fixed assets21/28€460,014€460,014=
Tangible fixed assets22/27€460,014€460,014=
Furniture and vehicles24€460,014€460,014=
Current assets29/58€1.2m€1.2m▼
Amounts receivable after more than one year29€100,000€100,000=
Other amounts receivable291€100,000€100,000=
Amounts receivable within one year40/41€17,296€17,457▲
Trade receivables40€0-
Other amounts receivable41€17,296€17,457▲
Cash at bank and in hand54/58€1.1m€1.1m▼
Equity and liabilities
Total equity and liabilities10/49€1.7m€1.7m▼
Equity10/15€1.7m€1.7m▼
Contributions10/11€18,550€18,550=
Reserves13€1.6m€1.6m▼
Distributable reserves133€1.6m€1.6m▼
Amounts payable17/49€2,279€1,195▼
Amounts payable within one year42/48€2,279€1,195▼
Trade debts44€2,279€1,195▼
Suppliers440/4€2,279€1,195▼
Income statement Code20242025
Other operating charges640/8€1,328€1,086▼
Gross operating margin9900-€34,118-€4,417▲
Operating profit (loss)9901-€35,446-€5,503▲
Financial income75/76B€1,725€1,699▼
Recurring financial income75€1,725€1,699▼
Financial charges65/66B€460€493▲
Recurring financial charges65€460€493▲
Profit (loss) for the period before taxes9903-€34,181-€4,297▲
Profit (loss) for the period9904-€34,181-€4,297▲
Profit (loss) for the period to be appropriated9905-€34,181-€4,297▲
Appropriation of the result
Profit (loss) to be appropriated9906-€34,181-€4,297▲
Transfer from equity791/2€34,181€4,297▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A€13,925€15,305€13,780---
Turnover70€0-----
Other operating income74€13,925€15,305€13,780---
Operating charges60/66A€28,161€20,392€20,458---
Services and other goods61€26,885€19,234€18,732---
Other operating charges640/8€1,277€1,158€1,726€1,328€1,086▼ 18.2%
Gross operating margin9900----€34,118-€4,417▲ 87.1%
Operating profit (loss)9901-€14,236-€5,087-€6,678-€35,446-€5,503▲ 84.5%
Financial income75/76B€547€1,689€1,641€1,725€1,699▼ 1.5%
Recurring financial income75€547€1,689€1,641€1,725€1,699▼ 1.5%
Income from current assets751-€1,688€1,641---
Other financial income752/9€547€1€0---
Financial charges65/66B€201€222€438€460€493▲ 7.3%
Recurring financial charges65€201€222€438€460€493▲ 7.3%
Other financial charges652/9€201€222€438---
Profit (loss) for the period before taxes9903-€13,890-€3,621-€5,474-€34,181-€4,297▲ 87.4%
Income taxes67/77€29€0----
Taxes670/3€29€0----
Tax adjustments and reversals of tax provisions77€0-----
Profit (loss) for the period9904-€13,919-€3,621-€5,474-€34,181-€4,297▲ 87.4%
Profit (loss) for the period to be appropriated9905-€13,919-€3,621-€5,474-€34,181-€4,297▲ 87.4%
Line20212022202320242025Change
Assets
Total assets20/58€1.7m€1.7m€1.7m€1.7m€1.7m▼ 0.3%
Fixed assets21/28€460,014€460,014€460,014€460,014€460,014=
Tangible fixed assets22/27€460,014€460,014€460,014€460,014€460,014=
Furniture and vehicles24€460,014€460,014€460,014€460,014€460,014=
Current assets29/58€1.3m€1.3m€1.2m€1.2m€1.2m▼ 0.4%
Amounts receivable after more than one year29€1.0m€971,407€911,407€100,000€100,000=
Other amounts receivable291€1.0m€971,407€911,407€100,000€100,000=
Stocks and contracts in progress3€0€0€0---
Amounts receivable within one year40/41€53,948€26,745€43,638€17,296€17,457▲ 0.9%
Trade receivables40€44,196€15,305€29,085€0--
Other amounts receivable41€9,752€11,440€14,554€17,296€17,457▲ 0.9%
Cash at bank and in hand54/58€167,026€255,190€285,079€1.1m€1.1m▼ 0.5%
Equity and liabilities
Total equity and liabilities10/49€1.7m€1.7m€1.7m€1.7m€1.7m▼ 0.3%
Equity10/15€1.7m€1.7m€1.7m€1.7m€1.7m▼ 0.3%
Contributions10/11€18,550€18,550€18,550€18,550€18,550=
Reserves13€1.7m€1.7m€1.7m€1.6m€1.6m▼ 0.3%
Non-distributable reserves130/1€1,855€0----
Reserves not available under the articles1311€1,855€0----
Distributable reserves133€1.7m€1.7m€1.7m€1.6m€1.6m▼ 0.3%
Amounts payable17/49€3,914€8,496€753€2,279€1,195▼ 47.6%
Amounts payable within one year42/48€3,914€8,496€753€2,279€1,195▼ 47.6%
Trade debts44€3,914€0€753€2,279€1,195▼ 47.6%
Suppliers440/4€3,914€0€753€2,279€1,195▼ 47.6%
Taxes, remuneration and social security45-€8,496€0---
Taxes450/3-€8,496€0---
Other amounts payable47/48€0-----
Line20212022202320242025Change
Profit (loss) for the period9904-€13,919-€3,621-€5,474-€34,181-€4,297▲ 87.4%
Operating cash flow (approximation)-€13,919-€3,621-€5,474-€34,181-€4,297▲ 87.4%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash-€88,164€29,889€805,093-€5,542▼ 101%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
18-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Weakest financial yearnet -€34,181
Net result drops to -€34,181, the lowest in the series; recovery starts the following year.
08-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Liquidity times 11current ratio 1646.91
Current ratio from 147.53 to 1646.91; short-term debt falls from €8,496 to €753.
20-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
21-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
22-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
22-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial Liquidity times 52current ratio 2397.85
Current ratio from 46.35 to 2397.85; short-term debt falls from €25,713 to €510.
24-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
25-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
28-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 5 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Lummen · 1 establishment unit since 2005
seat establishment The establishment unit on the map
Ground area
3,465 m²
Building footprint
1,350 m²
Volume, LiDAR
10,068 m³
Parcel 71037C2733/02D000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
ELEGIA
Bosstraat 58, 3560 LummenNACE 74877
since 20052.150.675.189
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71037C2733/02D000 Flanders 3,465 m² 1 · 1,350 m² 8.5 m · 2 fl.
Linked by address, not proof of ownership
Good to know
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

Of 3,835 companies in this sector we hold annual accounts for 1,006. 536 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded03-11-2005
Fiscal year end31-12
Activities, NACEBEL 2025
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
E-invoicing
Reachable via Peppol
Peppol ID 0208:0877066179
Also 9925:BE0877066179
Registered 02-04-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.