Financials
- Financial year
- 2025
- Total assets
- €35,692
- Profit
- €515
- Solvency
- -3.4%
ELGM
ActiveSummary
ELGM has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€1,200) and a net result of €515. Equity is shrinking by about 84% per year across the filed financial years. Its solvency ranks better than 9% of 2,065 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Activity
Support activities for crop production
NACE 01610
1 site
Size
€35,692total assets 2025
- Equity
- -€1,200
- Profit
- €515
Turnover not published (abbreviated or micro format)
Structure
2025 accounts 17 days early1 deed in the Belgian Official Gazette
Why 55raises riskCapped at 59: negative equityNegative equity -€1,200lowers riskSector: Crop and animal production, hunting and related service activities (NACE 01)Size: total assets €35,692Liquidity: current ratio 0.85, cash €20,499Show the evidence
Checked score
Score 2025
55
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 42% of its sector peers (NACE 01, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency
22+2
equity -3.4% of total assets
Liquidity
50=
short-term debt 103.4% · cash 57.4%
Profitability
46+37
return on assets 1.4%
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%
12-2024: 0.1%● unchanged vs 11-2024
01-2025: 0.1%● unchanged vs 12-2024lowest value
02-2025: 0.1%● unchanged vs 01-2025lowest value
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.2%▲ +0.1 percentage points vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.3%▲ +0.1 percentage points vs 07-2025highest value
09-2025: 0.2%▼ -0.1 percentage points vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.3%▲ +0.1 percentage points vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.2%▼ -0.1 percentage points vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.85, compared with 0.94 in 2024, below 1; short-term debt: 103.4% and cash: 57.4% of total assets), and equity is negative.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 01, micro): better than 14% on solvency, 50% on liquidity, 23% on profitability and 79% on growth.
The bankruptcy probability was computed on 27-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 2065 sector peers (2025).
NBB · sector comparisonPosition among 2065 sector peers
Solvency
better than 9%
← weakest
strongest →
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 14-07-2026, 17 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
17 days early
2024
5 days late
2023
28 days late
2022
17 days early
2021
12 days early
2020
30 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 3 days after the deadline; the sector median (NACE 01) for financial year 2024 is 3 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 19 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Back to profitnet €515
- Annual accounts filedfinancial year 2024 · micro…
Key points
By topic
Timeline
- Events
- 9
- Since
- 2021
- Next accounts
- by 31-07-2027
- 28-08-2024Annual accounts filed
- 14-07-2023Annual accounts filed
- 31-12-2022Weakest financial year
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Support activities for crop productionNACE 01610
- Founded
- 26-09-2019
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about ELGM
- What is the company number of ELGM?
- 0734.971.176. In Belgium the VAT number is the company number with BE in front: BE 0734.971.176.
- Where is ELGM based?
- The registered office is at Laarstraat 3, 3971 Leopoldsburg.Company details
- What does ELGM do?
- According to the KBO register, the main activity is support activities for crop production (NACE 01610).
- What is the legal form of ELGM?
- Private limited company (BV).
- When was ELGM founded?
- On 26-09-2019.
- Is ELGM still active?
- Yes, ELGM is an active enterprise in the KBO register.
- What is the turnover of ELGM?
- €50,067 in financial year 2020, according to the filed annual accounts.Financials
- Is ELGM profitable?
- In financial year 2025, ELGM made a profit of €515.
- Where can I find the annual accounts of ELGM?
- ELGM filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ELGM due?
- By 31-07-2027, for financial year 2026.Timeline
Companies related to ELGM
Comparable companies
- AQUA-RAINLeopoldsburg
- Kemps JonasLeopoldsburg
- VC AGROLeopoldsburg
- 't WILGENHOFKortenberg
- AB+Linter
Go further with this company
How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What support did similar companies receive that this one did not?Subsidies How does this company compare with its sector?Sector benchmark
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.