ELGEPA
ActiveELGEPA has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €164k and a net result of €66k. Equity is growing by ~21.6% per year across the filed fiscal years. Its solvency ranks better than 33% of 1294 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▲+2
Solvency55▲+9
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 1.55 against 1.23 in 2024; short-term debt: 36.8% and cash: 36.3% of total assets), but 69.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
30.1%
Return on assets
12.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
1 d early
2024
15 d early
2023
22 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€164k▲ 67.1%
2024 · €98k
2023: €114k
2024: €98k
2023 → 2025
Total assets
€545k▲ 15.5%
2024 · €472k
2023: €408k
2024: €472k
2023 → 2025
Net result
€66k▲ 34.6%
2024 · €49k
2023: €10k
2024: €49k
2023 → 2025
Working capital
€111k▲ 179%
2024 · €40k
2023: €52k
2024: €40k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€114k-€98k▼ 14.3%€164k▲ 67.1%
Operating result€23k-€74k▲ 220%€97k▲ 31.7%
Net result€10k-€49k▲ 394%€66k▲ 34.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 32% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €545k
Fixed assets
€234k▼ 9.1%
Current assets
€311k▲ 45.1%
Equity and liabilities €545k
Equity
€164k▲ 67.1%
Debt
€381k▲ 2.0%
The debt ratio falls from 79.2% to 69.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€130k▲
2024 · €104k
Cash flow
€98k▲
2024 · €79k
Solvency
30.1%▲
2024 · 20.8%
Current ratio
1.55▲
2024 · 1.23
Quick ratio
1.39▲
2024 · 1.04
Debt / equity
2.33▼
2024 · 3.81
ROE
40.2%▼
2024 · 49.9%
ROA
12.1%▲
2024 · 10.4%
Interest coverage
9.68▲
2024 · 9.33
Debt
€381k▲
2024 · €374k
Debt ≤ 1 year
€201k▲
2024 · €175k
Debt > 1 year
€177k▼
2024 · €196k
Income taxes
€29k▲
2024 · €16k
Staff costs
€63k▲
2024 · €35k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€472k€545k▲
Fixed assets21/28€257k€234k▼
Tangible fixed assets22/27€257k€234k▼
Land and buildings22€205k€194k▼
Plant, machinery and equipment23€47k€30k▼
Furniture and vehicles24€6k€10k▲
Current assets29/58€215k€311k▲
Stocks and contracts in progress3€33k€33k▼
Stocks30/36€33k€33k▼
Amounts receivable within one year40/41€78k€76k▼
Trade receivables40€78k€76k▼
Other amounts receivable41€0-
Cash at bank and in hand54/58€99k€198k▲
Deferred charges and accrued income490/1€5k€5k▲
Equity and liabilities
Total equity and liabilities10/49€472k€545k▲
Equity10/15€98k€164k▲
Contributions10/11€19k€19k=
Reserves13€79k€145k▲
Distributable reserves133€79k€145k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€374k€381k▲
Amounts payable after more than one year17€196k€177k▼
Financial debts170/4€196k€177k▼
Amounts payable within one year42/48€175k€201k▲
Current portion of amounts payable after more than one year42€18k€19k▲
Trade debts44€36k€39k▲
Suppliers440/4€36k€39k▲
Taxes, remuneration and social security45€39k€56k▲
Taxes450/3€34k€42k▲
Remuneration and social security454/9€5k€15k▲
Other amounts payable47/48€83k€87k▲
Accrued charges and deferred income492/3€3k€3k▲
Income statement
Code20242025
Non-recurring operating income76A€225€0▼
Remuneration, social security and pensions62€35k€63k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€32k▲
Other operating charges640/8€2k€2k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€141k€195k▲
Operating profit (loss)9901€74k€97k▲
Financial income75/76B€2k€10k▲
Recurring financial income75€2k€25▼
Non-recurring financial income76B-€10k
Financial charges65/66B€11k€13k▲
Recurring financial charges65€11k€13k▲
Profit (loss) for the period before taxes9903€65k€94k▲
Income taxes67/77€16k€29k▲
Profit (loss) for the period9904€49k€66k▲
Profit (loss) for the period to be appropriated9905€49k€66k▲
Appropriation of the result
Profit (loss) to be appropriated9906€49k€66k▲
Transfer from equity791/2€16k€0▼
Transfer to equity691/2€0€66k▲
To other reserves6921€0€66k▲
Profit to be distributed694/7€65k€0▼
Return on contributions (dividend)694€65k€0▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2023net €66k ▲34.6%
Operating result €97k, net result €66k, both a record.
31-12
Financial
Equity above €150kEq €164k ▲67.1%
3 profitable years in a row build equity to €164k.
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kasterlee · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Biezenveld 52460 KasterleeGround area
3,136 m²
Building footprint
1,149 m²
Volume, LiDAR
7,864 m³
Parcel 13017F0071/00G000, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ELGEPA
since 20162.250.688.525
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13017F0071/00G000 | Flanders | 3,136 m² | 1 · 1,149 m² | 9.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
MALOTAUX SRL
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Burnex Service
BE 0563.734.702
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GVH-AGRI
BE 0794.853.632
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MECELEC
BE 0720.841.048
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Service Point Baele
BE 0736.376.092
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Of 3,716 companies in sector 33120 we hold annual accounts for 1,341. 1,130 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-02-2016
Fiscal year end31-12
Activities, NACEBEL
33120Repair and maintenance of machinery
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.