ELINE GROUP
ActiveSummary
ELINE GROUP has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€22,415) and a net result of -€2,590. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 5% of 39,242 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 09-09-1994 Normal situation
- Activity
- Business and other management consultancy NACE 70200
- Establishment unit
- 2.068.883.306 3090 Overijse, since 04-11-1994
- Financial year end
- 31 December
- Peppol
- Reachable since 19-01-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.4%
- Gross margin
- -€2,437
- ▼ 213%
- Loss
- €2,590
- ▼ 90.8%
- Equity
- -€22,415
- ▼ 13.1%
- Total assets
- €45,974
- ▲ 15.2%
- Negative equity on 31-12-2025
- 2025 accounts filed 31 days after the deadline
Score breakdownraises riskCapped at 59: negative equityNegative equity -€22,415Last filed accounts filed 31 days late; 3 of the last 3 accounts latelowers riskSize: total assets €45,974Sector: Activities of head offices; management consultancy activities (NACE 70)Show the evidence
Checked score
About 4 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 70, micro). It does better than 3% of them on solvency, 23% on liquidity, 11% on profitability and 26% on growth.
The bankruptcy probability was computed on 01-11-2026 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 65 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00482498.
Annual accounts 2025 filed on 31-08-2026 at the NBB all 31 filings
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is a loss of €2,778, smaller than the loss of €29,802 in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,197 | - | - | - | €1,858 |
| Depreciation and write-downs of the year | €676 | €785 | €767 | €108 | €277 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as ELINE GROUP: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €42,300 and €51,500, founded between 1988 and 1997.
| Company | Founded | Total assets | Equity | Gross margin | Turnover | Net result | Financial year |
|---|---|---|---|---|---|---|---|
| ELINE GROUP Overijse | 1994 | €45,974 | -€22,415 | -€2,437 | - | -€2,590 | 2025 |
| VITEK Bierbeek | 1995 | €45,623 | -€13,424 | -€35,920 | €17,665 | -€42,216 | 2025 |
| Rubo Sentiluce Pajottegem | 1997 | €48,625 | €31,663 | -€14,994 | - | -€19,235 | 2025 |
| H.S.L. Tienen | 1997 | €51,499 | -€198,467 | €750 | €750 | -€3,188 | 2025 |
| INNOVATIVE AND CREATIVE MANAGEMENT Bertem | 1988 | €42,324 | -€6,923 | -€9,579 | - | -€11,849 | 2025 |
| CREME DE LA CREME Brugge | 1995 | €47,898 | €46,514 | -€8,757 | - | -€10,899 | 2025 |
| Gilson en Partners Consulting Merelbeke-Melle | 1994 | €50,103 | €48 | -€5,539 | - | -€12,299 | 2025 |
They were chosen from the 54,694 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 2,796 companies had the same profile as ELINE GROUP has now. Two years later, 2.1% had gone bankrupt and 90.4% were still going.
- Micro
- 20 years or older
- negative equity
- a small loss
Another 1.5% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of ELINE GROUP itself is lower: 0.4% within 12 months. It rests on far more data about ELINE GROUP than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,796 companies, not a prediction for ELINE GROUP. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €18 | €676 | €785 | €767 | €108 | €277 | ▲ 156% |
| Other operating charges640/8 | - | - | - | €336 | €486 | €182 | €916 | €63 | ▼ 93.1% |
| Non-recurring operating charges66A | - | - | - | - | - | - | €28,000 | - | - |
| Gross operating margin9900 | -€13,401 | €12,470 | €5,758 | €47 | €2,931 | €9,758 | -€778 | -€2,437 | ▼ 213% |
| Operating profit (loss)9901 | -€13,497 | €10,927 | €5,618 | -€965 | €1,660 | €8,809 | -€29,802 | -€2,778 | ▲ 90.7% |
| Financial income75/76B | - | - | - | €2,562 | €2,956 | €2,484 | €2,858 | €511 | ▼ 82.1% |
| Recurring financial income75 | €2,506 | €2,268 | €3,410 | €2,562 | €2,956 | €2,484 | €2,858 | €511 | ▼ 82.1% |
| Financial charges65/66B | - | - | - | €1,450 | €1,002 | €178 | €439 | €323 | ▼ 26.4% |
| Recurring financial charges65 | €165 | €146 | €635 | €1,450 | €1,002 | €178 | €439 | €323 | ▼ 26.4% |
| Profit (loss) for the period before taxes9903 | -€11,156 | €13,049 | €8,393 | €147 | €3,614 | €11,115 | -€27,382 | -€2,590 | ▲ 90.5% |
| Income taxes67/77 | - | €4,125 | -€3,691 | €62 | €902 | €2,966 | €898 | - | - |
| Profit (loss) for the period9904 | -€11,156 | €8,924 | €12,084 | €85 | €2,712 | €8,149 | -€28,280 | -€2,590 | ▲ 90.8% |
| Profit (loss) for the period to be appropriated9905 | -€11,156 | €8,924 | €12,084 | €85 | €2,712 | €8,149 | -€28,280 | -€2,590 | ▲ 90.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €27,080 | €44,579 | €50,748 | €814,959 | €82,470 | €95,672 | €39,911 | €45,974 | ▲ 15.2% |
| Fixed assets21/28 | - | - | €1,138 | €1,660 | €875 | €108 | - | €1,580 | - |
| Tangible fixed assets22/27 | - | - | €1,138 | €1,660 | €875 | €108 | - | €1,580 | - |
| Furniture and vehicles24 | - | - | - | €1,660 | €875 | €108 | - | €1,580 | - |
| Current assets29/58 | €27,080 | €44,579 | €49,610 | €813,299 | €81,594 | €95,564 | €39,911 | €44,393 | ▲ 11.2% |
| Amounts receivable within one year40/41 | €25,479 | €34,137 | €42,821 | €60,358 | €73,882 | €80,197 | €26,239 | €28,564 | ▲ 8.9% |
| Trade receivables40 | - | - | - | €18,641 | €29,679 | €31,572 | €17,031 | €18,708 | ▲ 9.8% |
| Other amounts receivable41 | - | - | - | €41,717 | €44,203 | €48,625 | €9,208 | €9,857 | ▲ 7.0% |
| Cash at bank and in hand54/58 | €1,601 | €10,442 | €6,789 | €752,665 | €7,439 | €15,091 | €13,673 | €15,829 | ▲ 15.8% |
| Deferred charges and accrued income490/1 | - | - | - | €276 | €273 | €276 | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €27,080 | €44,579 | €50,748 | €814,959 | €82,470 | €95,672 | €39,911 | €45,974 | ▲ 15.2% |
| Equity10/15 | -€23,498 | -€14,574 | -€2,490 | -€2,405 | €306 | €8,455 | -€19,825 | -€22,415 | ▼ 13.1% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | -€29,698 | -€20,774 | -€8,690 | -€8,605 | -€5,894 | €2,255 | -€26,025 | -€28,615 | ▼ 10.0% |
| Amounts payable17/49 | €50,578 | €59,153 | €53,239 | €817,364 | €82,163 | €87,217 | €59,736 | €68,388 | ▲ 14.5% |
| Amounts payable within one year42/48 | €50,578 | €59,153 | €53,239 | €817,364 | €82,163 | €87,217 | €59,736 | €68,388 | ▲ 14.5% |
| Trade debts44 | €2,771 | €7,110 | €4,784 | €4,661 | €1,275 | €16,653 | €11,163 | €17,658 | ▲ 58.2% |
| Suppliers440/4 | - | - | - | €4,661 | €1,275 | €16,653 | €11,163 | €17,658 | ▲ 58.2% |
| Taxes, remuneration and social security45 | - | - | - | €14,896 | €33,081 | €22,757 | €766 | €2,924 | ▲ 282% |
| Taxes450/3 | - | - | - | €496 | €4,281 | €8,357 | €766 | €2,924 | ▲ 282% |
| Remuneration and social security454/9 | - | - | - | €14,400 | €28,800 | €14,400 | - | - | - |
| Other amounts payable47/48 | - | - | - | €797,807 | €47,807 | €47,807 | €47,807 | €47,807 | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€11,156 | €8,924 | €12,084 | €85 | €2,712 | €8,149 | -€28,280 | -€2,590 | ▲ 90.8% |
| + Depreciation and write-downs630 | - | - | €18 | €676 | €785 | €767 | €108 | €277 | ▲ 156% |
| Operating cash flow (approximation) | -€11,156 | €8,924 | €12,101 | €761 | €3,496 | €8,916 | -€28,172 | -€2,313 | ▲ 91.8% |
| Investment in fixed assets (approximation) | - | - | - | -€1,197 | €0 | €0 | - | - | - |
| Change in cash | - | €8,840 | -€3,653 | €745,877 | -€745,226 | €7,652 | -€1,418 | €2,156 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 31 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00482498 | NBB |
| 31-12-2024 | micro format | 30-09-2025 | 2025-00516552 | |
| 31-12-2023 | micro format | 07-10-2024 | 2024-00506552 | |
| 31-12-2022 | abbreviated format | 04-10-2023 | 2023-00472295 | |
| 31-12-2021 | abbreviated format | 26-10-2022 | 2022-20472760 | |
| 31-12-2020 | abbreviated format | 20-09-2021 | 2021-67600453 | |
| 31-12-2019 | abbreviated format | 31-10-2020 | 2020-67900084 | |
| 31-12-2018 | abbreviated format | 13-09-2019 | 2019-64200541 | |
| 31-12-2017 | abbreviated format | 08-08-2018 | 2018-44100432 | |
| 31-12-2016 | abbreviated format | 28-06-2017 | 2017-23900366 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 04-01-2023 Converted to unavailable equity
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| FERWEDA Jacob Jan |
|
| SNEL Mathilde Alexandra |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, 1”
Articles of association, deed of 04-01-2023 (in Dutch)
Network & group
ELINE GROUP shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of ELINE GROUP. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
04-01
Gazette deed
Appointments: FERWEDA Jacob Jan (director) and SNEL Mathilde Alexandra (director)Capital conversion · Purpose change · Amendment of the articles13 points ▸
- General meeting, 29-12-2022
- Other provision, “aanpassing statuten en behoud rechtsvorm, statuten aanpassen aan WVV en rechtsvorm besloten vennootschap(afgekort BV)behouden” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Other provision, “verslag bestuursorgaan over voorwerpwijziging, Derde besluit” (deed in Dutch)
- Purpose change
- Amendment of the articles
- Capital
- Other provision, “aard van de andere effecten” (deed in Dutch)
- Power of attorney, Paul MASELIS
- Director appointment, FERWEDA Jacob Jan (director)
- Director appointment, SNEL Mathilde Alexandra (director)
- Registered office clause, “3090 Overijse,Sint Annastraat 101” (deed in Dutch)
- The act holds 1 more point.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
5 activities
- Het verlenen van diensten in het algemeen,zoals op het gebied van de advisering,verkoop,marketing,het promoveren,het management,de informatievoorziening,het op de markt brengen,het verkopen van nieuwe producten en diensten,het ontwikkelen,bouwen,exploiteren van projecten,zomede al hetgeen met het vorenstaande verband houdt of daartoe bevorderlijk kan zijn,zonder dat deze opsomming op beperkende wijze zou kunnen geïnterpreteerd worden.
- Zij mag alle commerciële,industriële en financiële activiteiten en alle onroerend en roerend goed verhandelingen uitvoeren,die rechtstreeks of onrechtstreeks verband houden met haar voorwerp of deze activiteiten die haar zullen toelaten voordeel te halen voor haar ontwikkeling.
- Zij kan belangen nemen door associatie,inbreng,fusie,financiële tussenkomst of op gelijk welke andere wijze,in alle vennootschappen,verenigingen of ondernemingen met een identiek,gelijklopend of samenhangend voorwerp met het hare of die van aard kunnen zijn de ontwikkeling van haar onderneming te begunstigen of een bron van afzetten te vormen.
- Zij kan de functies van bestuurder of vereffenaar uitoefenen in andere vennootschappen en advies verschaffen aan aanverwante ondernemingen en dochtervennootschappen.
- De vennootschap mag zich borgstellen of zakelijke zekerheden verlenen ten voordele van vennootschappen of particulieren,in de meest ruime zin.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23544D0008/00M000 | Flanders | 1,391 m² | 1 · 179 m² | - |