Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
The micro format states no turnover.
Green is investment, beige is depreciation.
Six of the last ten came late. The 2019 accounts came latest: 31 days after the end of the period.
Lower solvency than 95% of companies in office administrative support. Sector median 50.3% · 9,701 companies.
In July 2024, 3,794 companies had the same profile as Elemento has now. Each dot stands for 10 companies, two years later.
Another 0.6% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,448 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 | 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 3,794 companies, not a prediction for Elemento. 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.
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.
| Company | ||||
|---|---|---|---|---|
| Elemento Liège | €47,281 | €41,457 | -113.9% | - |
| JUCAP Oudenaarde | €56,707 | €39,305 | 34.0% | - |
| Blue Dolphin Logistics Kruisem | €51,327 | €31,825 | -546.8% | 0.4 |
| Life in Action Meise | €58,289 | €26,334 | 71.8% | - |
| Wimec Beerse | €46,951 | €34,036 | -244.3% | 1.7 |
| CHATEAU DE RESTEIGNE Tellin | €61,971 | €46,834 | -2073.0% | - |
| HIS WAY Etterbeek | €46,482 | €23,563 | 69.4% | - |
These companies have the same main activity as Elemento: organisation of conventions and trade shows (NACE 82300). They are comparable in size and age: total assets between €46,500 and €62,000, founded between 2000 and 2009.
Elemento files the micro format. That format states no turnover. The gross margin rose from €20,531 in 2006 to €41,457 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
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 ≈ €94,000. Estimated: probably between €69,000 and €140,000.
Lower than 95% of 9,701 companies in 2025.
Lower than 95% of 9,319 companies in 2025.
Higher than 95% of 9,443 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
47,281 | 16,244 | 20,570 | 15,347 | 31,356 | 20,478 | 29,246 | 37,728 | 42,939 | 37,632 | 29,807 | 12,441 | 13,243 | 10,073 | 12,377 | 12,369 | 11,471 | 27,706 | 43,766 | 24,727 | |
21/28 |
36,341 | 5,929 | 380 | 380 | 380 | 380 | 380 | 2,314 | 4,248 | 130 | 130 | 130 | 130 | 206 | 282 | 359 | 180 | 280 | 380 | 480 | |
22/27 |
35,961 | 5,549 | - | - | - | - | - | 1,934 | 3,868 | - | - | - | - | 76 | 152 | 229 | 50 | 150 | 250 | 350 | |
23 |
- | - | - | - | - | - | - | 1,934 | 3,868 | - | - | - | - | - | - | - | - | - | - | - | |
24 |
35,961 | 5,549 | - | - | - | - | - | - | - | - | - | - | - | 76 | 152 | 229 | 50 | 150 | 250 | 350 | |
28 |
380 | 380 | 380 | 380 | 380 | 380 | 380 | 380 | 380 | 130 | 130 | 130 | 130 | 130 | 130 | 130 | 130 | 130 | 130 | 130 | |
29/58 |
10,941 | 10,315 | 20,190 | 14,967 | 30,976 | 20,098 | 28,866 | 35,414 | 38,691 | 37,502 | 29,677 | 12,311 | 13,113 | 9,867 | 12,095 | 12,011 | 11,291 | 27,426 | 43,386 | 24,247 | |
40/41 |
3,007 | 7,344 | 13,283 | 12,460 | 17,443 | 10,203 | 17,659 | 34,588 | 34,970 | 15,834 | 25,369 | 12,167 | 13,039 | 9,832 | 12,054 | 11,976 | 7,422 | 9,274 | 26,981 | 17,424 | |
40 |
2,602 | 6,930 | 12,810 | 12,018 | 17,038 | 10,167 | 17,659 | 34,040 | 34,970 | 15,389 | 25,369 | 12,167 | 13,039 | 9,832 | 12,026 | 11,067 | 6,931 | 1,901 | 19,206 | 1,210 | |
41 |
405 | 414 | 473 | 442 | 405 | 36 | - | 548 | - | 445 | - | - | - | - | 28 | 909 | 490 | 7,373 | 7,775 | 16,214 | |
50/53 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 15,000 | - | |
54/58 |
7,934 | 2,971 | 6,907 | 759 | 13,533 | 9,895 | 11,207 | 826 | 3,720 | 21,668 | 4,308 | 144 | 74 | 35 | 41 | 35 | 3,869 | 18,152 | 1,405 | 6,823 | |
490/1 |
- | - | - | 1,748 | - | - | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
47,281 | 16,244 | 20,570 | 15,347 | 31,356 | 20,478 | 29,246 | 37,728 | 42,939 | 37,632 | 29,807 | 12,441 | 13,243 | 10,073 | 12,377 | 12,369 | 11,471 | 27,706 | 43,766 | 24,727 | |
10/15 |
-53,864 | -86,186 | -71,066 | -50,910 | -33,716 | -30,326 | -24,786 | -25,332 | -8,056 | -6,573 | -10,413 | -28,240 | -22,641 | -21,351 | -13,022 | -9,242 | -4,003 | 14,851 | 25,895 | 15,593 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 500 | |
130/1 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 500 | |
1311 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
14 |
-61,924 | -94,246 | -79,126 | -58,970 | -41,776 | -38,386 | -32,846 | -33,392 | -16,116 | -14,633 | -18,473 | -36,300 | -30,701 | -29,411 | -21,082 | -17,302 | -12,063 | 6,791 | 17,835 | 8,893 | |
17/49 |
101,146 | 102,430 | 91,637 | 66,256 | 65,072 | 50,804 | 54,032 | 63,060 | 50,995 | 44,204 | 40,220 | 40,680 | 35,884 | 31,424 | 25,399 | 21,611 | 15,474 | 12,855 | 17,871 | 9,134 | |
42/48 |
101,146 | 102,430 | 91,637 | 66,256 | 65,072 | 50,804 | 54,032 | 63,060 | 50,995 | 44,204 | 40,220 | 40,680 | 35,852 | 31,292 | 25,255 | 21,603 | 15,474 | 12,855 | 17,871 | 9,134 | |
43 |
- | - | - | - | - | - | - | - | - | - | 4 | 1,413 | 2,630 | 2,194 | 2,469 | 716 | - | - | - | - | |
430/8 |
- | - | - | - | - | - | - | - | - | - | 4 | 1,413 | 2,630 | 2,194 | 2,469 | 716 | - | - | - | - | |
44 |
2,653 | 2,495 | 458 | 2,658 | 8,242 | 1,255 | 1,489 | 18,815 | 14,716 | 12,235 | 9,518 | 7,566 | 2,744 | 5,437 | 4,023 | 7,396 | 5,230 | 9,178 | 9,569 | 2,247 | |
440/4 |
2,653 | 2,495 | 458 | 2,658 | 8,242 | 1,255 | 1,489 | 18,815 | 14,716 | 12,235 | 9,518 | 7,566 | 2,744 | 5,437 | 4,023 | 7,396 | 84 | 9,178 | 9,569 | 2,247 | |
441 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 5,146 | - | - | - | |
45 |
1,693 | 1,412 | 1,215 | 5,545 | 3,127 | 1,007 | 1,305 | 523 | 2,798 | 2,551 | 3,763 | 536 | 1,461 | 1,595 | 2,314 | 29 | - | 3,677 | 3,302 | 3,887 | |
450/3 |
1,693 | 1,412 | 1,215 | 5,545 | 3,127 | 1,007 | 1,305 | 523 | 2,798 | 2,551 | 3,763 | 536 | 1,461 | 1,595 | 2,314 | 29 | - | 3,677 | 3,302 | 3,887 | |
47/48 |
96,800 | 98,523 | 89,964 | 58,053 | 53,703 | 48,542 | 51,238 | 43,722 | 33,481 | 29,418 | 26,935 | 31,166 | 29,018 | 22,067 | 16,449 | 13,462 | 10,244 | - | 5,000 | 3,000 | |
492/3 |
- | - | - | - | - | - | - | - | - | - | - | - | 32 | 131 | 144 | 9 | - | - | - | - | |
| Income statement | |||||||||||||||||||||
9900 |
41,457 | -10,402 | -17,170 | -13,805 | -1,243 | -8,525 | 4,864 | -10,538 | 2,288 | 5,379 | 18,510 | -3,949 | 171 | -6,522 | -2,510 | -3,455 | -18,036 | -10,491 | 19,961 | 20,531 | |
62 |
- | - | - | - | - | 1,408 | - | - | - | - | - | - | - | - | - | - | - | - | 44 | 2,290 | |
630 |
3,289 | 1,988 | - | - | - | - | 1,934 | 1,934 | 1,934 | - | - | - | 76 | 76 | 76 | 126 | 100 | 100 | 100 | 1,090 | |
631/4 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -1,561 | - | - | 2,066 | - | |
640/8 |
12,436 | 2,185 | 2,192 | 1,110 | 1,227 | 2,930 | 1,076 | 3,975 | 1,079 | 1,018 | 348 | 977 | 568 | 568 | 697 | 3,068 | 726 | 1,261 | 310 | 481 | |
66A |
- | - | - | - | - | - | - | - | - | - | - | - | 271 | - | - | - | - | - | - | - | |
9901 |
25,732 | -14,575 | -19,362 | -14,915 | -2,470 | -12,863 | 1,854 | -16,447 | -725 | 4,361 | 18,163 | -4,927 | -473 | -7,166 | -3,283 | -5,088 | -18,862 | -11,852 | 17,441 | 16,670 | |
75/76B |
7,136 | - | - | - | - | 8,500 | - | - | - | - | - | - | - | - | - | 8 | 131 | 1,355 | 1,013 | 427 | |
75 |
- | - | - | - | - | 8,500 | - | - | - | - | - | - | - | - | - | 8 | 131 | 1,355 | 1,013 | 427 | |
76B |
7,136 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
65/66B |
291 | 276 | 516 | 2,002 | 651 | 936 | 1,163 | 670 | 567 | 521 | 336 | 673 | 547 | 1,163 | 497 | 158 | 123 | 172 | 139 | 817 | |
65 |
291 | 276 | 516 | 2,002 | 651 | 936 | 1,163 | 670 | 567 | 521 | 336 | 673 | 547 | 1,163 | 497 | 158 | 123 | 172 | 139 | 817 | |
9903 |
32,578 | -14,851 | -19,878 | -16,916 | -3,121 | -5,298 | 691 | -17,117 | -1,292 | 3,840 | 17,827 | -5,599 | -1,290 | -8,328 | -3,780 | -5,238 | -18,854 | -10,669 | 18,315 | 16,280 | |
67/77 |
256 | 269 | 279 | 277 | 269 | 242 | 144 | 159 | 192 | - | - | - | - | - | - | 1 | - | 375 | 3,013 | 3,887 | |
9904 |
32,322 | -15,120 | -20,157 | -17,193 | -3,390 | -5,541 | 546 | -17,276 | -1,483 | 3,840 | 17,827 | -5,599 | -1,290 | -8,328 | -3,780 | -5,239 | -18,854 | -11,044 | 15,302 | 12,393 | |
9905 |
32,322 | -15,120 | -20,157 | -17,193 | -3,390 | -5,541 | 546 | -17,276 | -1,483 | 3,840 | 17,827 | -5,599 | -1,290 | -8,328 | -3,780 | -5,239 | -18,854 | -11,044 | 15,302 | 12,393 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
-61,924 | -94,246 | -79,126 | -58,970 | -41,776 | -38,386 | -32,846 | -33,392 | -16,116 | -14,633 | -18,473 | -36,300 | -30,701 | -29,411 | -21,082 | -17,302 | -12,063 | 6,791 | 24,195 | 12,393 | |
14P |
-94,246 | -79,126 | -58,970 | -41,776 | -38,386 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,360 | 500 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,360 | 500 | |
694/7 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 5,000 | 3,000 | |
695 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 5,000 | 3,000 | |
| Social balance sheet | |||||||||||||||||||||
9087 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.1 | |
Hours worked1013 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 84 | |
| Document | |||||||||||||||||||||
The notes to these accounts have 13 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 18-08-2026.
2025 annual accounts filed 18 days after the deadline. Filed on 18 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00403298.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 18-08-2026 | 2026-00403298 | |
| 31-12-2024 | micro format | 19-06-2025 | 2025-00153630 | |
| 31-12-2023 | micro format | 29-08-2024 | 2024-00390187 | |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00386373 | |
| 31-12-2021 | micro format | 25-07-2022 | 2022-20215715 | |
| 31-12-2020 | micro format | 31-08-2021 | 2021-58300150 | |
| 31-12-2019 | micro format | 31-08-2020 | 2020-47100021 | |
| 31-12-2018 | micro format | 30-08-2019 | 2019-55400376 | |
| 31-12-2017 | micro format | 21-06-2018 | 2018-20500129 | |
| 31-12-2016 | micro format | 24-07-2017 | 2017-33900245 | |
| 31-12-2015 | full format | 16-06-2016 | 2016-17800404 | |
| 31-12-2014 | full format | 02-06-2015 | 2015-13900044 | |
| 31-12-2013 | full format | 21-08-2014 | 2014-43800482 | |
| 31-12-2012 | full format | 30-08-2013 | 2013-50400142 | |
| 31-12-2011 | full format | 20-07-2012 | 2012-31200409 | |
| 31-12-2010 | full format | 14-06-2011 | 2011-15100098 | |
| 31-12-2009 | full format | 26-08-2010 | 2010-44400094 | |
| 31-12-2008 | full format | 27-08-2009 | 2009-68700039 | |
| 31-12-2007 | full format | 30-08-2008 | 2008-69300378 | |
| 31-12-2006 | full format | 28-09-2007 | 2007-75500007 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 29,022 | -12,588 | - | - | - | - | 3,788 | -14,513 | 1,209 | - | - | - | -397 | -7,089 | -3,207 | -4,962 | -18,762 | -11,752 | 17,541 | 17,760 | ||
| 35,611 | -13,132 | - | - | - | - | 2,480 | -15,342 | 451 | - | - | - | -1,214 | -8,252 | -3,704 | -5,113 | -18,754 | -10,944 | 15,402 | 13,483 | ||
| 37,899 | 7,536 | - | - | - | - | 0 | 0 | 6,052 | - | - | - | 0 | 0 | 0 | 305 | 0 | 0 | 0 | 630 | ||
| 4,963 | -3,937 | 6,149 | -12,774 | 3,638 | -1,312 | 10,381 | -2,895 | -17,947 | 17,359 | 4,165 | 70 | 39 | -6 | 6 | -3,834 | -14,283 | 16,747 | -5,418 | - | ||
| -90,205 | -92,115 | -71,446 | -51,290 | -34,096 | -30,706 | -25,166 | -27,646 | -12,304 | -6,703 | -10,543 | -28,370 | -22,739 | -21,425 | -13,161 | -9,592 | -4,183 | 14,571 | 25,515 | 15,113 | ||
| -113.9% | -530.6% | -345.5% | -331.7% | -107.5% | -148.1% | -84.7% | -67.1% | -18.8% | -17.5% | -34.9% | -227.0% | -171.0% | -212.0% | -105.2% | -74.7% | -34.9% | 53.6% | 59.2% | 63.1% | ||
| 0.11 | 0.10 | 0.22 | 0.23 | 0.48 | 0.40 | 0.53 | 0.56 | 0.76 | 0.85 | 0.74 | 0.30 | 0.37 | 0.32 | 0.48 | 0.56 | 0.73 | 2.13 | 2.43 | 2.65 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.87 | 0.69 | 0.59 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -74.4% | 59.1% | 79.5% | ||
| 68.4% | -93.1% | -98.0% | -112.0% | -10.8% | -27.1% | 1.9% | -45.8% | -3.5% | 10.2% | 59.8% | -45.0% | -9.7% | -82.7% | -30.5% | -42.4% | -164.4% | -39.9% | 35.0% | 50.1% | ||
| 99.84 | -45.68 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €37,899 | €7,536 | - | - | - |
| Financial fixed assets | €0 | - | - | - | - |
| €3,289 | €1,988 | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a profit of €25,732, after a loss of €14,575 in 2024. It is the highest result since 2006.
Equity is negative. Debt (€101,146) exceeds the balance-sheet total (€47,281).
Elemento has no parent and no holdings in its annual accounts. is the only director. Elemento shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Rue Henri-Vieuxtemps 4/33 registered office 4000 Liège | ||
| Rue du Vertbois 11 4000 Liège | 19-07-2005 | 2.148.424.888 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 62802D0021/00K002 | 2,283 m² | 1 · 247 m² | 28.4 m · 9 |
| 62803A1420/00K000 | 1,984 m² | 1 · 1,376 m² | 17.2 m · 5 |
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