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ELIMATH

Active
Private limited companyfounded 201016 yrs activeHutsepotstraat 135, 9052 Gent, BelgiumKBO/BCE: BE 0822.506.055
Summary

ELIMATH has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.6m and a net result of €915,760. Equity is growing by ~17.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 3825 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Risk analysisWatch ReportCompare
ELIMATHActiveChecked score 98/100
Risk analysis ReportCompare

Overview

Activity
Activities of lawyers
NACE 69101
1 site
Size
€4.8mtotal assets 2025
Equity
€4.6m
Profit
€915,760
Turnover not published (abridged schema)
Financial health
98 Excellent Checked score 2025
Bankruptcy chance 12 m
< 0.1%
Structure
Accounts 26 d early0 of 4 deeds read
Why 98+ Size: total assets €4.8m+ Liquidity: current ratio 30.92, cash €2.8m+ Sector Legal and accounting activities (NACE 69)+ Figures for FY 2025 (filed 02-02-2026)Show the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Better than 82% of its sector peers (NACE 69, small)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 100=
equity 95.6% of total assets
Liquidity 100=
short-term debt 3.1% · cash 58.3%
Profitability 93-3
return on assets 19.2%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (1,474 companies)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%▲ +6.1% vs 11-2024 01-2025: < 0.1%▲ +17.1% vs 12-2024 02-2025: < 0.1%▲ +14.6% vs 01-2025highest value 03-2025: < 0.1%▼ -51.1% vs 02-2025 04-2025: < 0.1%● 0.0% vs 03-2025 05-2025: < 0.1%▼ -4.3% vs 04-2025 06-2025: < 0.1%▼ -50.0% vs 05-2025 07-2025: < 0.1%● 0.0% vs 06-2025 08-2025: < 0.1%● 0.0% vs 07-2025 09-2025: < 0.1%● 0.0% vs 08-2025 10-2025: < 0.1%▲ +9.1% vs 09-2025 11-2025: < 0.1%▲ +8.3% vs 10-2025 12-2025: < 0.1%● 0.0% vs 11-2025 01-2026: < 0.1%▲ +15.4% vs 12-2025 02-2026: < 0.1%▲ +26.7% vs 01-2026 03-2026: < 0.1%▼ -47.4% vs 02-2026lowest value 04-2026: < 0.1%● 0.0% vs 03-2026lowest value 05-2026: < 0.1%● 0.0% vs 04-2026lowest value 06-2026: < 0.1%● 0.0% vs 05-2026lowest value 07-2026: < 0.1%● 0.0% vs 06-2026lowest value 08-2026: < 0.1%● 0.0% vs 07-2026lowest value 09-2026: < 0.1%● 0.0% vs 08-2026lowest value 10-2026: < 0.1%▲ +10.0% vs 09-2026
  • Size: total assets €4.8m lowers the probability for this profile
  • Liquidity: current ratio 30.92, cash €2.8m lowers the probability
  • Sector Legal and accounting activities (NACE 69) lowers the probability
  • Figures for FY 2025 (filed 02-02-2026) lowers the probability
Credit up to €440,000 at 30 days acceptable
Liquidity ample (current ratio 30.92 against 28.26 in 2024; short-term debt: 3.1% and cash: 58.3% of total assets), and 4.4% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 69, small). Better than this share of them on solvency 86%, liquidity 99%, profitability 80%, growth against the median 64%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Size: total assets €4.8m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 30.92, cash €2.8m
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Sector Legal and accounting activities (NACE 69)
In the bankruptcy model this factor lowers the probability.
KBO
lowers risk · Figures for FY 2025 (filed 02-02-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-07-2025 was due by 28-02-2026 and was filed on 02-02-2026, 26 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
26 d early
2024
10 d early
2023
21 d early
2022
25 d early
2021
10 d early
2020
6 d early
2019
4 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 15 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-07-2026 and is due by 28-02-2027. Nothing is late today. Usually files around 8 February (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
31-07-2026 close03-10-2026 today28-02-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. General meeting · Power of attorneyState Gazette act
  2. General meeting · Power of attorneyState Gazette act
  3. General meeting · Power of attorneyState Gazette act

Key points

  • Positive: Among the best 5% on solvencysector median 44.3% · 3,825 companies 95.6% View
  • Positive: Always filed on timeaccounts within the deadline every year 7 years View
  • Positive: 7 profitable years in a rowprofit 2025: €915,760 7 years View

By topic

Financials

Fiscal year
2025
Total assets
€4.8m
Profit
€915,760
Solvency
95.6%
Total assets▲ 14.2%
Net result
20192025
Go to Financials

Timeline

Events
18
Since
2017
Next accounts
by 28-02-2027
  1. 31-07-2026General meeting · Power of attorney
  2. 31-07-2026General meeting · Power of attorney
  3. 22-04-2026General meeting · Power of attorney
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Activities of lawyersNACE 69101
Founded
21-01-2010
Year ends
31-07
Peppol
Reachable for e-invoices
Go to Company details

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