ELION
ActiveSummary
The computed 12-month bankruptcy probability of ELION is 4.9% (elevated). The annual accounts of ELION for fiscal year 2024 show a net loss of 52% of the equity at the start of that year. The 2024 annual accounts show equity of €614 and a net result of €-677. Its solvency ranks better than 16% of 3550 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency39▼-15
Growth58
Track record94
Bankruptcy probability, 12 months
4.9%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Age of the figures
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 3550 sector peers (2024).
NBB · sector comparisonPosition among 3550 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-06-2025, 33 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
33 d early
2023
51 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-677▲ 75.0%
2023 · €-3k
Working capital
€614▼ 52.4%
2023 · €1k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20232024
Operating result€-3k-€-662▲ 75.4%
Net result€-3k-€-677▲ 75.0%
Equity€1k-€614▼ 52.4%
Total assets€4k-€4k▲ 0.1%
Debt€3k-€4k▲ 21.7%
Working capital€1k-€614▼ 52.4%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €662 in 2024 against €3k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €4k
Equity
€614 ▼ 52.4%
Debt
€4k ▲ 21.7%
Debt's share of the balance-sheet total rises from 70.8% to 86.1%. Equity is lower and debt is higher.
Key figures and ratios
Debt ≤ 1 year
€4k▲
2023 · €3k
Ratios withheld: a balance sheet total of €4k is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Other operating charges640/8 | €384 | €387 | ▲ 0.8% |
| Gross operating margin9900 | €-2k | €-274 | ▲ 88.1% |
| Operating profit (loss)9901 | €-3k | €-662 | ▲ 75.4% |
| Financial charges65/66B | €15 | €15 | ▲ 1.7% |
| Recurring financial charges65 | €15 | €15 | ▲ 1.7% |
| Profit (loss) for the period before taxes9903 | €-3k | €-677 | ▲ 75.0% |
| Profit (loss) for the period9904 | €-3k | €-677 | ▲ 75.0% |
| Profit (loss) for the period to be appropriated9905 | €-3k | €-677 | ▲ 75.0% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €4k | €4k | ▲ 0.1% |
| Current assets29/58 | €4k | €4k | ▲ 0.1% |
| Amounts receivable within one year40/41 | €4k | €4k | ▲ 0.1% |
| Other amounts receivable41 | €4k | €4k | ▲ 0.1% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €4k | €4k | ▲ 0.1% |
| Equity10/15 | €1k | €614 | ▼ 52.4% |
| Contributions10/11 | €4k | €4k | = |
| Profit (loss) carried forward14 | €-3k | €-3k | ▼ 25.0% |
| Amounts payable17/49 | €3k | €4k | ▲ 21.7% |
| Amounts payable within one year42/48 | €3k | €4k | ▲ 21.7% |
| Trade debts44 | €1k | - | - |
| Suppliers440/4 | €1k | - | - |
| Other amounts payable47/48 | €2k | €4k | ▲ 86.6% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €-3k | €-677 | ▲ 75.0% |
| Operating cash flow (approximation) | €-3k | €-677 | ▲ 75.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
2025
28-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
NBB filing
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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Herstal · 1 establishment unit since 2023
Ground area
3,736 m²
Building footprint
426 m²
Volume, LiDAR
364 m³
2 parcels, Wallonia · tallest building 13.4 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
ELION
since 20232.344.210.975
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62010A0158/00Y000 | Wallonia | 3,554 m² | 1 · 387 m² | - |
| 62315G0633/00N000 | Wallonia | 182 m² | 1 · 39 m² | 13.4 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
22 categoriesELION SRL46319
Similar companies · same sector, comparable size
ETS M CAPELLE
BE 0505.715.537
Eghezée · Eq €625
TRIANGLE SERVICES
BE 0793.602.827
Evere · Eq €594
MONJOIE Axel
BE 0767.758.364
Ciney · Eq €637
LA CARLINIERE
BE 0505.757.703
Wavre · Eq €701
Isolation Eco.logique
BE 0542.623.344
Arlon · Eq €715
Of 4,270 companies in sector 43230 we hold annual accounts for 1,238. 67 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
Founded23-03-2023
Fiscal year end31-12
Activities, NACEBEL 2025
43230Insulation installation
43310Plastering work
43341Painting of buildings
43990Other specialised construction activities
Scores and ratios are computed by Checked and are not a credit decision.