ELFA

The annual accounts of ELFA for financial year 2025 show a net loss of 53% of total assets and of 72% of the equity at the start of that year. The 2025 annual accounts show equity of €12,044 and a net result of -€30,955. Equity is shrinking by about 22% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2027. Its solvency ranks better than 25% of 458 sector peers (NACE 28, financial year 2025). The company has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.1% (low).