ELIF
ActiveSummary
The computed 12-month bankruptcy probability of ELIF is 1.7% (moderate). The 2024 annual accounts show equity of €118,747 and a net result of €31,303. Equity is growing by ~51.7% per year across the filed fiscal years. Its solvency ranks better than 90% of 18934 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
Score 2024
Axes · tick = 2023
Profitability95=
Solvency100=
Growth78=
Track record92
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days only on tighter terms
Liquidity ample (current ratio 4.49 against 4.06 in 2023; short-term debt: 21.3% and cash: 13.5% of total assets), and 21.3% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-02-2026, 187 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
187 d late
2023
552 d late
2022
918 d late
2021
1283 d late
2020
645 d late
2019
1010 d 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 766 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Strikeout withdrawn
History
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Financials · fiscal year 2024, micro schema
Equity
€118,747▲ 35.8%
2023 · €87,444
Total assets
€150,834▲ 30.7%
2023 · €115,366
Net result
€31,303▲ 30.1%
2023 · €24,064
Working capital
€111,894▲ 31.1%
2023 · €85,322
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€19,876▲ 259%€12,862▼ 35.3%€16,892▲ 31.3%€33,842▲ 100%€23,070▼ 31.8%
Net result€16,872above the sector's middle half▲ 1,318%€12,993within the sector's middle half▼ 23.0%€22,588above the sector's middle half▲ 73.9%€24,064above the sector's middle half▲ 6.5%€31,303above the sector's middle half▲ 30.1%
Equity€27,799within the sector's middle half▲ 154%€40,792within the sector's middle half▲ 46.7%€63,380within the sector's middle half▲ 55.4%€87,444above the sector's middle half▲ 38.0%€118,747above the sector's middle half▲ 35.8%
Total assets€39,368within the sector's middle half▲ 62.9%€67,246within the sector's middle half▲ 70.8%€93,366within the sector's middle half▲ 38.8%€115,366within the sector's middle half▲ 23.6%€150,834within the sector's middle half▲ 30.7%
Debt€11,569▼ 12.6%€26,454▲ 129%€29,985▲ 13.3%€27,922▼ 6.9%€32,087▲ 14.9%
Working capital€26,409within the sector's middle half▲ 792%€39,865within the sector's middle half▲ 51.0%€62,917above the sector's middle half▲ 57.8%€85,322above the sector's middle half▲ 35.6%€111,894above the sector's middle half▲ 31.1%
Solvency70.6%above the sector's middle half▲ 25.4pp60.7%above the sector's middle half▼ 10.0pp67.9%above the sector's middle half▲ 7.2pp75.8%above the sector's middle half▲ 7.9pp78.7%above the sector's middle half▲ 2.9pp
Current ratio3.28above the sector's middle half▲ 2.062.51above the sector's middle half▼ 0.783.10above the sector's middle half▲ 0.594.06above the sector's middle half▲ 0.964.49above the sector's middle half▲ 0.43
Return on assets (ROA)42.9%above the sector's middle half▲ 37.9pp19.3%within the sector's middle half▼ 23.5pp24.2%above the sector's middle half▲ 4.9pp20.9%above the sector's middle half▼ 3.3pp20.8%above the sector's middle half▼ 0.1pp
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 32% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €150,834
Fixed assets
€6,853 ▲ 223%
Current assets
€143,981 ▲ 27.1%
Equity and liabilities €150,834
Equity
€118,747 ▲ 35.8%
Debt
€32,087 ▲ 14.9%
Debt's share of the balance-sheet total falls from 24.2% to 21.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€23,158▼
2023 · €34,305
Cash flow
€31,392▲
2023 · €24,527
Quick ratio
4.05▲
2023 · 3.99
Debt to equity
0.27▼
2023 · 0.32
ROE
26.4%▼
2023 · 27.5%
Interest coverage
9.71▼
2023 · 19.29
Debt ≤ 1 year
€32,087▲
2023 · €27,922
Income taxes
-€10,619▼
2023 · €8,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a higher bankruptcy probability: 1.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,696 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,574 | €463 | €463 | €463 | €89 | ▼ 80.9% |
| Other operating charges640/8 | €119 | €73,875 | €82,164 | €86,687 | €97,295 | ▲ 12.2% |
| Non-recurring operating charges66A | €865 | - | - | - | - | - |
| Gross operating margin9900 | €27,435 | €87,200 | €99,518 | €120,992 | €120,453 | ▼ 0.4% |
| Operating profit (loss)9901 | €19,876 | €12,862 | €16,892 | €33,842 | €23,070 | ▼ 31.8% |
| Financial income75/76B | €0 | - | - | - | - | - |
| Recurring financial income75 | €0 | - | - | - | - | - |
| Financial charges65/66B | €3,004 | €1,369 | €1,903 | €1,778 | €2,385 | ▲ 34.2% |
| Recurring financial charges65 | €3,004 | €1,369 | €1,653 | €1,778 | €2,385 | ▲ 34.2% |
| Non-recurring financial charges66B | - | - | €250 | - | - | - |
| Profit (loss) for the period before taxes9903 | €16,872 | €11,493 | €14,988 | €32,064 | €20,685 | ▼ 35.5% |
| Income taxes67/77 | - | -€1,500 | -€7,600 | €8,000 | -€10,619 | ▼ 233% |
| Profit (loss) for the period9904 | €16,872 | €12,993 | €22,588 | €24,064 | €31,303 | ▲ 30.1% |
| Profit (loss) for the period to be appropriated9905 | €16,872 | €12,993 | €22,588 | €24,064 | €31,303 | ▲ 30.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €39,368 | €67,246 | €93,366 | €115,366 | €150,834 | ▲ 30.7% |
| Fixed assets21/28 | €1,390 | €927 | €464 | €2,123 | €6,853 | ▲ 223% |
| Tangible fixed assets22/27 | €1,390 | €927 | €464 | €2,123 | €6,853 | ▲ 223% |
| Plant, machinery and equipment23 | €1,390 | €927 | €463 | - | €4,145 | - |
| Furniture and vehicles24 | €0 | €0 | €0 | €2,123 | €2,708 | ▲ 27.6% |
| Current assets29/58 | €37,978 | €66,319 | €92,902 | €113,244 | €143,981 | ▲ 27.1% |
| Stocks and contracts in progress3 | €2,823 | €2,893 | €3,542 | €1,710 | €14,018 | ▲ 720% |
| Stocks30/36 | €2,823 | €2,893 | €3,542 | €1,710 | €14,018 | ▲ 720% |
| Amounts receivable within one year40/41 | €19,108 | €20,293 | €17,885 | €34,806 | €108,427 | ▲ 212% |
| Trade receivables40 | €19,108 | €7,359 | €7,948 | €2,600 | €26,281 | ▲ 911% |
| Other amounts receivable41 | - | €12,935 | €9,937 | €32,206 | €82,146 | ▲ 155% |
| Cash at bank and in hand54/58 | €15,436 | €42,635 | €70,456 | €76,100 | €20,343 | ▼ 73.3% |
| Deferred charges and accrued income490/1 | €611 | €497 | €1,020 | €627 | €1,192 | ▲ 90.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €39,368 | €67,246 | €93,366 | €115,366 | €150,834 | ▲ 30.7% |
| Equity10/15 | €27,799 | €40,792 | €63,380 | €87,444 | €118,747 | ▲ 35.8% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €7,339 | €20,332 | €42,920 | €66,984 | €98,287 | ▲ 46.7% |
| Amounts payable17/49 | €11,569 | €26,454 | €29,985 | €27,922 | €32,087 | ▲ 14.9% |
| Amounts payable within one year42/48 | €11,569 | €26,454 | €29,985 | €27,922 | €32,087 | ▲ 14.9% |
| Current portion of amounts payable after more than one year42 | €2,814 | €17,437 | €10,799 | - | - | - |
| Trade debts44 | €3,782 | €23 | - | - | - | - |
| Suppliers440/4 | €3,782 | €23 | - | - | - | - |
| Taxes, remuneration and social security45 | €4,973 | €8,994 | €19,187 | €27,922 | €32,086 | ▲ 14.9% |
| Taxes450/3 | €2,973 | €6,994 | €19,037 | €27,922 | €32,086 | ▲ 14.9% |
| Remuneration and social security454/9 | €2,000 | €2,000 | €150 | - | - | - |
| Other amounts payable47/48 | - | - | - | - | €1 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16,872 | €12,993 | €22,588 | €24,064 | €31,303 | ▲ 30.1% |
| + Depreciation and write-downs630 | €6,574 | €463 | €463 | €463 | €89 | ▼ 80.9% |
| Operating cash flow (approximation) | €23,447 | €13,456 | €23,052 | €24,527 | €31,392 | ▲ 28.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€2,122 | -€4,819 | ▼ 127% |
| Change in cash | - | €27,199 | €27,821 | €5,645 | -€55,757 | ▼ 1,088% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
13-02
KBO administration
Strikeout withdrawn
event 03-02-2026
03-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 187 days late
03-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 552 days late
03-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 918 days late
03-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1283 days late
2024
31-12
Financial
Highest result since 2018net €31,303 ▲30.1%
Net result €31,303, the highest in the series.
31-12
Financial
Equity above €100,000Eq €118,747 ▲35.8%
6 profitable years in a row build equity to €118,747.
2023
07-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 645 days late
07-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 1010 days late
2020
31-12
Financial
Liquidity triplescurrent ratio 3.28
Current ratio from 1.22 to 3.28; short-term debt falls from €13,236 to €11,569.
12-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 196 days late
11-02
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 560 days late
2019
31-12
Financial
Back to profitnet €1,190
Net result €1,190 after one loss-making year.
2017
17-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 109 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Gent · 1 establishment unit since 2016
Ground area
97 m²
Building footprint
70 m²
Volume, LiDAR
616 m³
Parcel 44809I0652/00S002, Flanders · tallest building 12.2 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
ELIF
since 20162.252.573.590
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44809I0652/00S002 | Flanders | 97 m² | 1 · 70 m² | 12.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Recognitions · licences · registrations
Food safety, FASFC
1 siteGent2.252.573.590
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Akuma
BE 1007.653.915
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PIOU
BE 0536.933.602
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Soup'r
BE 0764.605.369
Gent · Eq €118,862
Of 21,853 companies in sector 56112 we hold annual accounts for 9,777. 7,595 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded14-12-2015
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0644519072
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.