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Elham Company 2

Active
Private limited companyfounded 2022active for 4 yearsKortrijksepoortstraat 220, 9000 Gent, BelgiumKBO/BCE: BE 0786.333.567
Summary

The computed 12-month bankruptcy probability of Elham Company 2 is 1.7% (moderate). The 2025 annual accounts show equity of €13,388 and a net result of €32,963. Equity is growing by about 100% per year across the filed financial years. Its solvency ranks better than 46% of 16,925 sector peers (NACE 56, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
Elham Company 2ActiveChecked score 56/100
Risk analysis ReportCompare

Overview

Activity
Full-service restaurants
NACE 56111
2 sites
Size
≈ €310,000turnover 2025, estimated
Staff
1.8 FTE
Equity
€13,388
Profit
€32,963
Turnover estimated from the gross margin
Financial health
56 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.7%
Structure
2025 accounts filed 29 days late
Why 56raises riskFounded in 2022Size: total assets €54,0592 establishment unitslowers riskFigures for financial year 2025 (filed 01-09-2026)Show the evidence

Checked score

Score 2025
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 61% of its sector peers (NACE 47, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 50+50
equity 24.8% of total assets
Liquidity 25+4
short-term debt 72.3% · cash 10.8%
Profitability 93+91
return on assets 61.0%
Bankruptcy probability, 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,268 companies, NACE 47, micro)
Last 24 months 11-2024: 3.4% 12-2024: 3.4%● unchanged vs 11-2024 01-2025: 3.3%▼ -0.1 percentage points vs 12-2024 02-2025: 3.3%● unchanged vs 01-2025 03-2025: 3.3%● unchanged vs 02-2025 04-2025: 3.8%▲ +0.5 percentage points vs 03-2025 05-2025: 4.1%▲ +0.3 percentage points vs 04-2025 06-2025: 4.1%● unchanged vs 05-2025 07-2025: 4.1%● unchanged vs 06-2025 08-2025: 5.3%▲ +1.2 percentage points vs 07-2025highest value 09-2025: 3.2%▼ -2.1 percentage points vs 08-2025 10-2025: 3.2%● unchanged vs 09-2025 11-2025: 3.2%● unchanged vs 10-2025 12-2025: 3.2%● unchanged vs 11-2025 01-2026: 2.7%▼ -0.5 percentage points vs 12-2025 02-2026: 2.7%● unchanged vs 01-2026 03-2026: 3.1%▲ +0.4 percentage points vs 02-2026 04-2026: 3.5%▲ +0.4 percentage points vs 03-2026 05-2026: 3.9%▲ +0.4 percentage points vs 04-2026 06-2026: 4.0%▲ +0.1 percentage points vs 05-2026 07-2026: 4.1%▲ +0.1 percentage points vs 06-2026 08-2026: 5.1%▲ +1.0 percentage point vs 07-2026 09-2026: 1.7%▼ -3.4 percentage points vs 08-2026lowest value 10-2026: 1.7%● unchanged vs 09-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.94, compared with 0.26 in 2024, below 1; short-term debt: 72.3% and cash: 10.8% of total assets), and 75.2% of the assets are financed with debt and provisions.
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 47, micro): better than 40% on solvency, 22% on liquidity, 87% on profitability and 95% on growth.

The bankruptcy probability was computed on 30-10-2026 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).

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Signals

Five signals.
lowers riskraises risk
raises risk · Founded in 2022
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Size: total assets €54,059
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 01-09-2026)
NBB · annual accounts
raises risk · 2 establishment units
KBO · seat and establishments
raises risk · 2025 accounts filed 29 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 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 · 3 filings
Deviation from the deadline
2025
29 days late
2024
28 days late
2023
27 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 28 days after the deadline; the sector median (NACE 56) for financial year 2024 is 7 days after the deadline, and 53% 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 28 August (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2022.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Back to profitnet €32,963
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Positive: Among the best 18% on net resultsector median €4,879 · 16,903 companies €32,963 View
  • One director decidessole director in office 1 View
  • Total assets 20253 financial years filed €54,059 View

By topic

Financials

Financial year
2025
Total assets
€54,059
Profit
€32,963
Solvency
24.8%
Total assets▲ 85.9%
Net result
20232025
Go to Financials

Timeline

Events
6
Since
2022
Next accounts
by 31-07-2027
  1. 27-08-2024Annual accounts filed
  2. 13-08-2024Registered office
  3. 20-05-2022Incorporation
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Full-service restaurantsNACE 56111
Founded
18-05-2022
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
12
Who signs
Each director alone
Annual meeting
15 May at 14:00
Purpose
“Het schoonmaken en het onderhoud van onroerende goederen,het schoonmaken van vensters en…” (deed in Dutch)
Go to Articles of association

Key facts about Elham Company 2

What is the company number of Elham Company 2?
0786.333.567. In Belgium the VAT number is the company number with BE in front: BE 0786.333.567.
Where is Elham Company 2 based?
The registered office is at Kortrijksepoortstraat 220, 9000 Gent.Company details
What does Elham Company 2 do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of Elham Company 2?
Private limited company (BV).
When was Elham Company 2 founded?
On 18-05-2022.
Is Elham Company 2 still active?
Yes, Elham Company 2 is an active enterprise in the KBO register.
How many employees does Elham Company 2 have?
On average 1.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Elham Company 2?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Elham Company 2 profitable?
In financial year 2025, Elham Company 2 made a profit of €32,963.
Where can I find the annual accounts of Elham Company 2?
Elham Company 2 filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Elham Company 2 due?
By 31-07-2027, for financial year 2026.Timeline

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