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ELEMENT61

Active Public limited companyfounded 2007active for 19 yearsEsplanade 1, 1020 BrusselsKBO/BCE: BE 0888.581.168 subsidiary of Companion Co BE BV#8 company by staff growth in the Brussels-Capital Region, Head offices and management consultancy sector

Lifetime

19 annual accounts with figures on one time axis
peak €27.6m (2025)
€27.6m▲ 5.5%
peak €3.2m (2025)
€3.2m▲ 225%
peak €10.3m (2025)
€10.3m▲ 44.4%
€8.2m▼ 20.4%
peak 98.7 FTE (2025)
98.7 FTE▲ 13.8%
Board20 names since 2007all names
5 directorsEXILO and 4 others
Owners4 names in the annual accounts
consolidatesCompanionco BE
Documentsfilings and deeds
27-04-202695 days before the deadline
2025financial year
Result from €971,723 to €3.2mStaff from 86.7 FTE to 98.7 FTE4 directors appointed, 1 resignation 17-122 statutory auditors appointed, 1 resignation 25-11Appointment: Exilo BV (managing director) 02-10Reappointment: C.P.M. STRATEGY BV (managing director) 28-05

Key points

from the 2025 annual accounts

Equity

€10.3m ▲ 44.4%

ELEMENT61 has made a profit in every financial year since 2007.

Result

€3.2m ▲ 225%
€972,0002024€3.2m2025

The result rose in 2025: merger with WEQAN.

Payment terms

64 days to suppliers
Suppliers
125 to 64
Customers
89 to 76

ELEMENT61 pays its suppliers 61 days earlier than in 2024. Customers pay 13 days earlier.

Liquidity

3.15 was 1.84 in 2024

Short-term debts fell from €7.5m to €4.8m.

Filings

19 annual accounts since 2007
AprilJune31 JulyOctober2010201520202025

The last five annual accounts were filed 33 to 95 days before the end of the period.

Checked score

95
Excellent
Financially stronger than 60% of medium-sized companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 802 companies (NACE 70, medium-sized).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.2%▲ +0.1 percentage points vs 03-2026highest value 05-2026: 0.1%▼ -0.1 percentage points vs 04-2026lowest value 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Strong

81+15equity 55.6% of total assets
40-19short-term debt 25.9% · cash 0.3%
90+21return on assets 17.1%

Score breakdown

raises risk
Liquidity: current ratio 3.15, cash €57,103
lowers risk
Profit of €3.2m (financial year 2025)
Size: turnover €27.6m, 98.7 FTE, total assets €18.5m
Equity €10.3m (55.6% of total assets)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, medium-sized). It does better than 46% of them on solvency, 26% on liquidity, 92% on profitability and 76% on growth.

The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 546 companies had the same profile as ELEMENT61 has now. Each dot stands for 2 companies, two years later.

95.2%
were still trading
4.2%
stopped another way
0.4%
went bankrupt
  • Medium-sized
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of ELEMENT61 itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 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 3.0% 3.1%
10 5.6% 6.2%

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 546 companies, not a prediction for ELEMENT61. 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

Credit of up to €950,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 3.15 (1.84 in 2024), above the usual 1.5. Short-term debt is 25.9% and cash 0.3% of total assets. 44.4% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 3.15, cash €57,103
NBB · annual accounts
lowers risk · Profit of €3.2m (financial year 2025)
NBB · annual accounts
lowers risk · Size: turnover €27.6m, 98.7 FTE, total assets €18.5m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €10.3m (55.6% of total assets)
NBB · annual accounts
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 27-04-2026, 95 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
95 days early
2024
72 days early
2023
33 days early
2022
75 days early
2021
73 days early
2020
51 days early
2019
74 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 68 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 19 May (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

E
Managing director, Luc De Muynck
OM
Managing director, Steven Decerf
TC
Managing director, Tom Graft
D
Director, Bart Van Der Vurst, since 31-10-2025
PD
Director, Peter Depypere, since 31-10-2025

Shares in 1 company, WEQAN

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0888581168
4 directors appointed, 1 resignation Resignation: C.P.M. Strategy BV (managing director) · Permanent representatives: Stijn Vermeulen, Steven Decerf, Tom Graft, Peter Depypere, Bart Van Der Vurst and Luc De Muynck · Appointments: oberon mgmt BV (managing director), TG-Consulting BV (managing director), Pi Delta BV and Datatracks BV · General meeting of 14-11-2025 · Gazette deed
2 statutory auditors appointed, 1 resignation Appointments: Filip Cobert Bedrijfsrevisor BV (statutory auditor) and Deloitte Bedrijfsrevisoren BV (statutory auditor) · Resignation: Filip Cobert Bedrijfsrevisor BV (statutory auditor) · Permanent representatives: Filip Cobert and Ine Nuyts · General meeting of 07-10-2025 · Gazette deed
Appointment: Exilo BV (managing director) Board meeting of 21-08-2025 · Gazette deed
All 60 events

Comparable companies

same main activity, similar in size and age
Company
ELEMENT61 Brussels €27.6m 16.2% 55.6% 98.7
ECORYS BRUSSELS Brussels €30.8m 5.7% 13.6% 111.7
CATALAY Antwerp €18.3m 7.2% 18.8% 104.2
Ernst & Young Advisory Services Machelen (Brab.) €36.6m 2.8% 30.4% 114.2
MONDELEZ BELGIUM SERVICES Mechelen €48.4m 2.1% 21.5% 142.5
ENGIE MANAGEMENT COMPANY BELGIUM Brussels €45.2m 0.8% 0.6% 67.2
EPAM SYSTEMS.BE Watermael-Boitsfort €21.0m -9.5% 22.8% 91.1
-10%0%10%20%€20m€200m€2bnELEMENT61EBIT margin

Grey: the largest companies of the sector (head offices and management consultancy (NACE 70)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as ELEMENT61: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €13m and €24m, founded between 1998 and 2010.

Official details

Source: KBO
Status
Active since 05-04-2007Normal situation
Registered office
212 active companies are registered at this address12 started in the 12 months before. Source: KBO register, as of 9 November 2026.
Activity
Business and other management consultancyNACE 70200and 2 others
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 2025
Establishment unit
2.161.773.9691020 Brussels, since 24-04-2007
Financial year end
31 December
Peppol
Reachable since 02-06-2026
Company details

Annual accounts 2025

€18.5m▲ 6.1%
Employeeson 31-12-2025
106▲ 9.3%
Filing
Filed on 27-04-2026, 95 days before the end of the filing period
Financials

Insights on ELEMENT61

ELEMENT61 has existed since 2007. Turnover grew from €4.1m in 2012 to €27.6m in 2025 and staff from 10.6 to 98.7 full-time equivalents.

Turnover has grown every year since 2016. Solvency rose in 2025 from 40.9% to 55.6% because of the retained profit and lower debts.

In December 2025, the Official Gazette published the appointment of oberon mgmt as managing director.

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 ELEMENT61

What is the company number of ELEMENT61?
The company number of ELEMENT61 is 0888.581.168. The VAT number is the same number with BE in front: BE 0888.581.168.
Where is ELEMENT61 based?
The registered office is at Esplanade 1, 1020 Brussels.Company details
What does ELEMENT61 do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of ELEMENT61?
ELEMENT61 is a public limited company (NV).
When was ELEMENT61 founded?
ELEMENT61 was founded on 05-04-2007.
Is ELEMENT61 still active?
Yes, ELEMENT61 is an active enterprise in the KBO register.
How many employees does ELEMENT61 have?
ELEMENT61 had an average of 98.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does ELEMENT61 fall under?
In its 2025 annual accounts, ELEMENT61 states joint committee 200 (Auxiliary committee for white-collar workers).
What is the turnover of ELEMENT61?
The turnover of ELEMENT61 was €27.6m in financial year 2025, according to the filed annual accounts.
Is ELEMENT61 profitable?
In financial year 2025, ELEMENT61 made a profit of €3.2m.
Where can I find the annual accounts of ELEMENT61?
ELEMENT61 filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ELEMENT61 due?
ELEMENT61 must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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