Elias-Co
ActiveSummary
Elias-Co has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €60,621 and a net result of -€3,511. Equity has been stable since 2018 (±0.1% per year). Its solvency ranks better than 70% of 4,800 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Official details
Source: KBO- Status
- Active since 14-06-2016 Normal situation
- Activity
- Limited-service restaurants, excluding mobile food services NACE 56112and 5 others
- Establishment unit
- 2.254.259.610 9000 Gent, since 01-07-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 12-11-2025
Board and ownership
- COVIELLO GiuseppeDirector · since 28-04-2022
- KNANI RimDirector · since 28-04-2022
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.6%
- Gross margin
- €114,241
- ▲ 31.3%
- Turnover
- ≈ €360,000
- estimated
- Loss
- €3,511
- Equity
- €60,621
- ▼ 5.5%
- Total assets
- €120,318
- ▲ 34.7%
- Employees on 31-12-2025
- 2
- ▲ 100%
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Size: 2.2 FTE, total assets €120,318lowers riskLiquidity: current ratio 1.26, cash €44,280Equity €60,621 (50.4% of total assets)Show the evidence
Checked score
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 56, micro). It does better than 68% of them on solvency, 83% on liquidity, 30% on profitability and 35% on growth.
The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 24 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
Recent changes
- · Gazette deed Company renamed from VK INVEST to Elias-CoResignation: Marnix Van Kerckvoorde (statutory director) · Appointments: COVIELLO Giuseppe (director) and KNANI Rim (director)
- · Gazette deed Resignation: Ines Namouchi (director)
- · Gazette deed Registered office moved within GentNew seat: Sint-Veerleplein 4, 9000 Gent · Previous seat: Visserij 158 bus 12, 9000 Gent · Resignation: Niek Van Kerckvoorde (director)
Comparable companies
These companies have the same main activity as Elias-Co: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €91,000 and €145,000, founded between 2012 and 2018.
| Company | Total assets | Gross margin |
|---|---|---|
| Elias-Co Gent | €120,318 | €114,241 |
| Foodbart Deinze Deinze | €115,880 | €157,990 |
| FOOD FACTORY NINOVE Ninove | €142,354 | €119,716 |
| HEBA Company Antwerpen | €130,509 | €85,153 |
| PIERROT De Panne | €144,555 | €132,723 |
| Somwang Aarschot | €90,965 | €82,939 |
| FRADEK Wielsbeke | €96,815 | €102,037 |
Key facts about Elias-Co
- What is the company number of Elias-Co?
- The company number of Elias-Co is 0656.627.444. The VAT number is the same number with BE in front: BE 0656.627.444.
- Where is Elias-Co based?
- The registered office is at Sint-Veerleplein 4, 9000 Gent.Company details
- What does Elias-Co do?
- According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
- What is the legal form of Elias-Co?
- The legal form of Elias-Co is Private limited company (BV).
- When was Elias-Co founded?
- Elias-Co was founded on 14-06-2016.
- Is Elias-Co still active?
- Yes, Elias-Co is an active enterprise in the KBO register.
- How many employees does Elias-Co have?
- Elias-Co had an average of 2.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Elias-Co?
- The turnover in financial year 2025 is ≈ €360,000. This figure is estimated from the gross margin of €114,241 and 99 comparable companies (NACE 56112). It probably lies between €270,000 and €440,000.
- Is Elias-Co profitable?
- In financial year 2025, Elias-Co made a loss of €3,511.
- Where can I find the annual accounts of Elias-Co?
- Elias-Co filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Elias-Co due?
- Elias-Co must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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