Age4 yrs
Real estate1 parcel · 3,298 m²
Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of ELFRAJO is 0.9% (low). The 2024 annual accounts show equity of €24k and a net result of €-12k. Its solvency ranks better than 61% of 816 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 2 annual accounts.
Trust signals
3 signalsMore than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags
0 events
No administrative flags
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone0.9%
Low
0%0,5%1,5%4%10%≥25%
Young company
+Lower-failure-rate sector
−Annual accounts: weaker financial profile
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-12k
Working capital€19k-44.1%
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 06-06-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 63 · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 69.1% | 61.4% | |
| Net result | €-12k | €21k | |
| Equity | €24k | €48k | |
| Gross operating margin | €-8k | €39k | |
| Total assets | €34k | €94k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€-8k
-
far below sector median
€-12k
-
far below sector median
€-9k
-
far below sector median
€34k
-51.4%
-73% vs sector
€24k
-34.2%
-63% vs sector
€19k
-44.1%
-64% vs sector
€210
-98.4%
-79% vs sector
€11k
-69.4%
-74% vs sector
€5k
-78.7%
-78% vs sector
4.72
+95.1%
+49% vs sector
4.72
+95.1%
+49% vs sector
69.1%
+35.5%
+14% vs sector
0.45
-53.5%
-32% vs sector
-51.9%
-
far below sector median
-35.9%
-
far below sector median
-84.79
-
far below sector median
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €-8k |
| Net profit | €-12k |
| Cash flow | €-9k |
| Staff costs | - |
| Income taxes | €210 |
| Dividends | - |
| Total assets | €34k |
| Equity | €24k |
| Debt | €11k |
| of which ≤ 1y | €5k |
| of which > 1y | - |
| Working capital | €19k |
| Employees (FTE) | - |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 4.72 |
| Quick ratio | 4.72 |
| Working capital ratio | 56.6% |
| Solvency | 69.1% |
| Debt / equity | 0.45 |
| Long-term debt ratio | - |
| Interest coverage | -84.79 |
| Gross margin | - |
| Net margin | - |
| ROA | -35.9% |
| ROE | -51.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €34k |
| Fixed assets | 21/28 | €9k |
| Formation expenses | 20 | €596 |
| Tangible fixed assets | 22/27 | €9k |
| Current assets | 29/58 | €25k |
| Amounts receivable within one year | 40/41 | €27 |
| Cash & bank | 54/58 | €24k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €34k |
| Equity | 10/15 | €24k |
| Contributions / capital | 10/11 | €5k |
| Reserves | 13 | €31k |
| Accumulated profits (losses) | 14 | €-12k |
| Amounts payable | 17/49 | €11k |
| Amounts payable within one year | 42/48 | €5k |
| Trade debts payable within one year | 44 | €2k |
| Income statement | ||
| Gross operating margin | 9900 | €-8k |
| Operating result | 9901 | €-12k |
| Financial income | 75 | €1 |
| Financial charges | 65 | €99 |
| Result before taxes | 9903 | €-12k |
| Income taxes | 67/77 | €210 |
| Net result for the period | 9904 | €-12k |
| Result to be appropriated | 9905 | €-12k |
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan.
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Ratios computed by Checked.
Health barometer
FY 2024 · computed52
/ 100
Fair
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Structure & network
Locations & real estate
Establishment units
1 locationELFRAJO
since 20222.329.252.189
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area3,298 m²
Buildings1
Building footprint220 m²
Volume (LiDAR)1,027 m³
Tallest building9.3 m · ±2 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31037C0377/00G000 | Flanders | 3,298 m² | 1 · 220 m² | 9.3 m · 2 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Analysis
Snowflake analysis
financial profile on 5 axes56
/ 100
Mixed profile: strong on solvency, weaker on profitability.
Health
52
Profitability
0
Solvency
100
Growth
32
Stability
94
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Credit advice
verdict per customer and amountSimilar
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Same sector, ranked by comparable sizeCompany registry
Company registry (CBE)
Crossroads BankActivities
Overige dienstverlenende activiteiten op het gebied van informatie63920Overige dienstverlenende activiteiten op het gebied van informatie, n.e. g.63990Teelt van druiven01210Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen68203Adviesbureaus op het gebied van public relations en communicatie70210Activiteiten van adviesbureaus op het gebied van public relations en communicatie73300Overige zakelijke dienstverlening, n.e.g.82990Overige zakelijke dienstverlening, neg82990Overige vormen van onderwijs85599
Primary activity highlighted.
Names & trade names
| Legal nameNL | ELFRAJO |
Registered office
Veldhoekstraat 1
8020 Oostkamp, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.