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ELESTRA

Active
Private limited companyfounded 200224 yrs activeHenegauwlaan 41, 3500 Hasselt, BelgiumKBO/BCE: BE 0477.105.386
Summary

ELESTRA has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€37,322) and a net result of -€7,215. Equity is shrinking by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 14% of 12918 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Risk analysisWatch ReportCompare
ELESTRAActiveChecked score 53/100
Risk analysis ReportCompare

Overview

Activity
Wholesale of information and communication equipment
NACE 46500NACE 46660NACE 51850
1 site
Size
€128,219total assets 2025
Equity
-€37,322
Loss
-€7,215
Turnover not published (abridged schema)
Financial health
53 Fair Checked score 2025
Bankruptcy chance 12 m
1.1%
Structure
Accounts filed 13 d late0 of 3 deeds read
Why 53Capped at 59: negative equity- Negative equity -€37,322- Loss of €7,215, the second in a row (FY 2025)+ Size: total assets €128,219+ Founded in 2002Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 9% of its sector peers (NACE 46, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 0-32
equity -29.1% of total assets
Liquidity 2+2
short-term debt 129.1% · cash 2.0%
Profitability 23-13
return on assets -5.6%
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,788 companies)
Last 24 months 11-2024: 0.6% 12-2024: 0.6%● 0.0% vs 11-2024 01-2025: 0.6%● 0.0% vs 12-2024 02-2025: 0.6%● 0.0% vs 01-2025 03-2025: 0.6%● 0.0% vs 02-2025 04-2025: 0.6%● 0.0% vs 03-2025 05-2025: 0.6%● 0.0% vs 04-2025 06-2025: 0.6%● 0.0% vs 05-2025 07-2025: 0.6%● 0.0% vs 06-2025 08-2025: 0.5%▼ -2.7% vs 07-2025 09-2025: 0.5%▼ -4.2% vs 08-2025lowest value 10-2025: 0.7%▲ +34.3% vs 09-2025 11-2025: 1.3%▲ +83.8% vs 10-2025highest value 12-2025: 1.0%▼ -22.2% vs 11-2025 01-2026: 1.0%● 0.0% vs 12-2025 02-2026: 1.0%● 0.0% vs 01-2026 03-2026: 1.0%● 0.0% vs 02-2026 04-2026: 1.0%▼ -1.0% vs 03-2026 05-2026: 1.0%● 0.0% vs 04-2026 06-2026: 1.0%▼ -2.4% vs 05-2026 07-2026: 1.0%▲ +0.3% vs 06-2026 08-2026: 1.0%▼ -2.9% vs 07-2026 09-2026: 0.9%▼ -3.0% vs 08-2026 10-2026: 1.1%▲ +23.2% vs 09-2026
  • Size: total assets €128,219 lowers the probability for this profile
  • Negative equity -€37,322 raises the probability
  • Loss of €7,215, the second in a row (FY 2025) raises the probability
  • Founded in 2002 lowers the probability for this profile
No credit on open account
Liquidity short (current ratio 0.77 against 0.0 in 2024; short-term debt: 129.1% and cash: 2% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 6%, liquidity 5%, profitability 23%, growth against the median 1%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €128,219
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Negative equity -€37,322
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Loss of €7,215, the second in a row (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 2002
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€37,322
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 13-11-2025, 13 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
13 d late
2024
on the day
2023
35 d early
2022
32 d early
2021
33 d early
2020
32 d early
2019
2 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 17 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 29 September (4 of the last 5 filed years within 32 days of that day).
Companies Code · seven months
Position in the running window
31-03-2026 close03-10-2026 today31-10-2026 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
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Weakest financial yearnet -€7,215
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€37,322 View
  • Risk: 7 loss-making years in a rowloss fiscal year 2025 -€7,215 View
  • Caution: Among the weakest 10% on equitysector median €57,728 · 12,950 companies -€37,322 View

By topic

Financials

Fiscal year
2025
Total assets
€128,219
Loss
-€7,215
Solvency
-29.1%
Total assets▲ 1.4%
Net result
20192025
Go to Financials

Timeline

Events
11
Since
2016
Next accounts
by 31-10-2026
  1. 13-11-2025Annual accounts filed
  2. 31-03-2025Weakest financial year
  3. 31-10-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Wholesale of information and communication equipmentNACE 46500
Founded
15-03-2002
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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