Starting capital
€2,000 100 shares
ELF TRANS
Lifetime
1 annual account with figurespeak €124,026 (2025)
€124,026
peak €8,954 (2025)
€8,954
peak €10,954 (2025)
€10,954
€16,321
Board2 names since 2024
1 directorEL FADDOULI Adil
Documentsfilings and deeds
28-09-202659 days late
2025micro format
First year with figures
Key points
from the 2025 annual accounts2025 accounts filed 59 days after the deadline
Checked score
40
Weak
Financially stronger than 55% of micro companies in land transport (NACE 49)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
4.7% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 9,097 companies (NACE 49, micro).
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
01-2026: 3.7%lowest value
02-2026: 3.7%● unchanged vs 01-2026lowest value
03-2026: 3.9%▲ +0.2 percentage points vs 02-2026
04-2026: 4.2%▲ +0.3 percentage points vs 03-2026
05-2026: 4.4%▲ +0.2 percentage points vs 04-2026
06-2026: 4.7%▲ +0.3 percentage points vs 05-2026
07-2026: 5.2%▲ +0.5 percentage points vs 06-2026highest value
08-2026: 5.2%● unchanged vs 07-2026highest value
09-2026: 5.0%▼ -0.2 percentage points vs 08-2026
10-2026: 4.7%▼ -0.3 percentage points vs 09-2026
11-2026: 4.7%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2024
Size: turnover €124,026, total assets €27,275
Sector: Land transport and transport via pipelines (NACE 49)
Last filed accounts filed 59 days late; 1 of the last 3 accounts late
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 49, micro). It does better than 52% of them on solvency, 34% on liquidity and 80% on profitability.
The bankruptcy probability was computed on 10-11-2026 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 elevated class on 30-06-2025, 6.3% 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, 11,279 companies had the same profile as ELF TRANS has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
The bankruptcy probability of ELF TRANS itself is higher: 4.7% within 12 months. It rests on far more data about ELF TRANS than the profile alone.
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.
| 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 11,279 companies, not a prediction for ELF TRANS. 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
No publishable credit limit, so credit only on tighter terms
Liquidity is insufficient, with a current ratio of 0.84, below 1. Short-term debt is 56.8% and cash 12.6% of total assets. 59.8% 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.
raises risk
raises risk · 2025 accounts filed 59 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-09-2026, 59 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
59 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
- El Faddouli Adil 95 sharesdeed of 28-05-2026
- El Faddouli llias 5 sharesdeed of 28-05-2026
Recent changes
Transfer of 5 shares from El Faddouli Adil to El Faddouli llias
Appointment: El Faddouli llias (director) · El Faddouli Adil holds 95 shares (95%) · El Faddouli llias holds 5 shares (5%) · General meeting of 01-01-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1017595326
Incorporation
Founding capital of €2,000, 100 shares · Founder: EL FADDOULI Adil · Appointment: EL FADDOULI Adil (director) · published on 20-12-2024 · Gazette deed
First establishment
Vroegegroentenstraat 89, Forest
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ELF TRANS Forest | €27,275 | €20,466 | 40.2% | - |
| MALO Service Brussels | €23,285 | €17,422 | 1.8% | - |
| EM TEAM PROJECT Grâce-Hollogne | €25,498 | €19,222 | 0.5% | - |
| BEJ LOG Vilvoorde | €28,535 | €18,112 | 58.2% | - |
| FEJO TRANS Bekkevoort | €27,679 | €23,598 | 42.7% | - |
| MELYAK Grimbergen | €30,960 | €20,169 | 75.2% | - |
| BS FAST Vilvoorde | €31,489 | €17,629 | 38.3% | - |
These companies have the same main activity as ELF TRANS: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €23,300 and €31,500, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 18-12-2024Normal situation
- Activity
- Freight transport by roadNACE 49410and 5 others
- Establishment unit
- 2.368.401.1911190 Forest, since 18-12-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 02-02-2026
Insights on ELF TRANS
The computed 12-month bankruptcy probability of ELF TRANS is 4.7% (elevated). The 2025 annual accounts show equity of €10,954 and a net result of €8,954, with €11,008 of non-recurring income.
Its solvency ranks better than 52% of 5,946 sector peers (NACE 49, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
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 ELF TRANS
- What is the company number of ELF TRANS?
- The company number of ELF TRANS is 1017.595.326. The VAT number is the same number with BE in front: BE 1017.595.326.
- Where is ELF TRANS based?
- The registered office is at Vroegegroentenstraat 89, 1190 Forest.Company details
- What does ELF TRANS do?
- According to the KBO register, the main activity is freight transport by road (NACE 49410).
- What is the legal form of ELF TRANS?
- ELF TRANS is a private limited company (BV).
- When was ELF TRANS founded?
- ELF TRANS was founded on 18-12-2024.
- Is ELF TRANS still active?
- Yes, ELF TRANS is an active enterprise in the KBO register.
- How many employees does ELF TRANS have?
- ELF TRANS had an average of 0.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of ELF TRANS?
- The turnover of ELF TRANS was €124,026 in financial year 2025, according to the filed annual accounts.
- Is ELF TRANS profitable?
- In financial year 2025, ELF TRANS made a profit of €8,954.
- Where can I find the annual accounts of ELF TRANS?
- ELF TRANS filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
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