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ELISA

Active
Private limited companyfounded 199927 yrs activeElisabethlaan 25, 8400 Oostende, BelgiumKBO/BCE: BE 0465.312.760
Summary

ELISA has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €377,703 and a net result of €20,173. Equity is growing by ~6.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability75▼-2
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
short-term debt: 0.1% and cash: 7.4% of total assets, and 0.1% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 27 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
99.9%
Return on assets
5.3%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-06-2026, 56 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
56 d early
2024
31 d early
2023
18 d early
2022
19 d early
2021
11 d early
2020
44 d early
2019
32 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 30 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 12 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 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

History

On 21 January 1999, ELISA was incorporated.1 Total assets went from EUR 241,436 in 2018 to EUR 377,953 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€377,703▲ 5.6%
2024 · €357,529
Total assets
€377,953▲ 5.7%
2024 · €357,529
Net result
€20,173▼ 19.2%
2024 · €24,952
Working capital
€348,967▲ 21.7%
2022 · €286,671
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
Line20212022202320242025
Operating result€35,406▼ 4.8%€23,739▼ 33.0%€16,162▼ 31.9%€22,171▲ 37.2%€18,646▼ 15.9%
Net result€33,754▲ 566%€20,015▼ 40.7%€15,286▼ 23.6%€24,952▲ 63.2%€20,173▼ 19.2%
Equity€297,276▲ 12.8%€317,291▲ 6.7%€332,577▲ 4.8%€357,529▲ 7.5%€377,703▲ 5.6%
Total assets€298,818▲ 5.3%€323,790▲ 8.4%€332,577▲ 2.7%€357,529▲ 7.5%€377,953▲ 5.7%
Debt€1,541▼ 92.4%€6,499▲ 322%€250
Working capital€264,607▲ 15.6%€286,671▲ 8.3%€348,967
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000€30,000€40,000Operating result 2021: €35,406€35,406Net result 2021: €33,754€33,754Operating result 2022: €23,739€23,739Net result 2022: €20,015€20,015Operating result 2023: €16,162€16,162Net result 2023: €15,286€15,286Operating result 2024: €22,171€22,171Net result 2024: €24,952€24,952Operating result 2025: €18,646€18,646Net result 2025: €20,173€20,17320212022202320242025€0€10,000€20,000Operating result 2023: €16,162€16,200Net result 2023: €15,286€15,300Operating result 2024: €22,171€22,200Net result 2024: €24,952€25,000Operating result 2025: €18,646€18,600Net result 2025: €20,173€20,200202320242025
The operating result falls in 2025; 2025 is 16% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €377,953
Fixed assets €28,736 ▲ 6.0%
Current assets €349,217 ▲ 5.7%
Equity and liabilities €377,953
Equity €377,703
Debt €250
Debt finances 0.1% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
EBITDA
€20,258▼
2024 · €23,622
Cash flow
€21,786▼
2024 · €26,403
Debt to equity
0.00
ROE
5.3%▼
2024 · 7.0%
ROA
5.3%▼
2024 · 7.0%
Interest coverage
17.64▼
2024 · 187.76
Debt ≤ 1 year
€250
Income taxes
€6,617▼
2024 · €8,317
A ratio outside any meaningful range has been withheld (balance sheet total €377,953, equity €377,703).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.4% went bankrupt
5.9% stopped otherwise
93% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 31,349 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines
Balance sheet Code20242025
Assets
Total assets20/58€357,529€377,953▲
Fixed assets21/28€27,119€28,736▲
Tangible fixed assets22/27€27,119€28,736▲
Land and buildings22€27,119€25,668▼
Plant, machinery and equipment23-€3,068
Current assets29/58€330,410€349,217▲
Amounts receivable within one year40/41€47,259€48,929▲
Other amounts receivable41€47,259€48,929▲
Current investments50/53€213,912€270,874▲
Cash at bank and in hand54/58€68,585€28,152▼
Deferred charges and accrued income490/1€655€1,263▲
Equity and liabilities
Total equity and liabilities10/49€357,529€377,953▲
Equity10/15€357,529€377,703▲
Contributions10/11€74,368€74,368=
Reserves13€283,161€303,335▲
Distributable reserves133€283,161€303,335▲
Amounts payable17/49-€250
Amounts payable within one year42/48-€250
Trade debts44-€250
Suppliers440/4-€250
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,451€1,613▲
Other operating charges640/8€1,855€1,783▼
Gross operating margin9900€25,477€22,041▼
Operating profit (loss)9901€22,171€18,646▼
Financial income75/76B€11,225€9,293▼
Recurring financial income75€11,225€9,293▼
Financial charges65/66B€126€1,149▲
Recurring financial charges65€126€1,149▲
Profit (loss) for the period before taxes9903€33,270€26,790▼
Income taxes67/77€8,317€6,617▼
Profit (loss) for the period9904€24,952€20,173▼
Profit (loss) for the period to be appropriated9905€24,952€20,173▼
Appropriation of the result
Profit (loss) to be appropriated9906€24,952€20,173▼
Transfer to equity691/2€24,952€20,173▼
To other reserves6921€24,952€20,173▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,049€2,049€2,049€1,451€1,613▲ 11.1%
Other operating charges640/8€1,592€1,629€1,777€1,855€1,783▼ 3.9%
Gross operating margin9900€39,047€27,417€19,988€25,477€22,041▼ 13.5%
Operating profit (loss)9901€35,406€23,739€16,162€22,171€18,646▼ 15.9%
Financial income75/76B€11,985€3,611€4,372€11,225€9,293▼ 17.2%
Recurring financial income75€11,985€3,611€4,372€11,225€9,293▼ 17.2%
Financial charges65/66B€1,566€145€152€126€1,149▲ 813%
Recurring financial charges65€1,566€145€152€126€1,149▲ 813%
Profit (loss) for the period before taxes9903€45,826€27,205€20,381€33,270€26,790▼ 19.5%
Income taxes67/77€12,071€7,190€5,095€8,317€6,617▼ 20.4%
Profit (loss) for the period9904€33,754€20,015€15,286€24,952€20,173▼ 19.2%
Profit (loss) for the period to be appropriated9905€33,754€20,015€15,286€24,952€20,173▼ 19.2%
Line20212022202320242025Change
Assets
Total assets20/58€298,818€323,790€332,577€357,529€377,953▲ 5.7%
Fixed assets21/28€32,669€30,620€28,570€27,119€28,736▲ 6.0%
Tangible fixed assets22/27€32,669€30,620€28,570€27,119€28,736▲ 6.0%
Land and buildings22€31,472€30,021€28,570€27,119€25,668▼ 5.4%
Plant, machinery and equipment23€1,197€598--€3,068-
Current assets29/58€266,149€293,170€304,007€330,410€349,217▲ 5.7%
Amounts receivable within one year40/41€1,309€2,103€35,352€47,259€48,929▲ 3.5%
Other amounts receivable41€1,309€2,103€35,352€47,259€48,929▲ 3.5%
Current investments50/53€171,912€171,912€255,912€213,912€270,874▲ 26.6%
Cash at bank and in hand54/58€92,204€118,501€12,085€68,585€28,152▼ 59.0%
Deferred charges and accrued income490/1€725€655€659€655€1,263▲ 92.9%
Equity and liabilities
Total equity and liabilities10/49€298,818€323,790€332,577€357,529€377,953▲ 5.7%
Equity10/15€297,276€317,291€332,577€357,529€377,703▲ 5.6%
Contributions10/11€74,368€74,368€74,368€74,368€74,368=
Reserves13€222,908€242,923€258,209€283,161€303,335▲ 7.1%
Non-distributable reserves130/1€7,437€7,437----
Reserves not available under the articles1311€7,437€7,437----
Distributable reserves133€215,471€235,486€258,209€283,161€303,335▲ 7.1%
Amounts payable17/49€1,541€6,499--€250-
Amounts payable within one year42/48€1,541€6,499--€250-
Trade debts44-€348--€250-
Suppliers440/4-€348--€250-
Taxes, remuneration and social security45€1,541€6,151----
Taxes450/3€1,541€6,151----
Line20212022202320242025Change
Profit (loss) for the period9904€33,754€20,015€15,286€24,952€20,173▼ 19.2%
+ Depreciation and write-downs630€2,049€2,049€2,049€1,451€1,613▲ 11.1%
Operating cash flow (approximation)€35,804€22,064€17,335€26,403€21,786▼ 17.5%
Investment in fixed assets (approximation)-€0€0€0-€3,230-
Change in cash-€26,297-€106,416€56,501-€40,434▼ 172%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
05-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
13-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
12-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
20-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Highest result since 2018net €33,754 ▲566%
Net result €33,754, the highest in the series.
31-12
Financial Liquidity times 14current ratio 172.66
Current ratio from 12.34 to 172.66; short-term debt falls from €20,168 to €1,541.
17-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Weakest financial yearnet €5,070 ▼78.8%
Net result drops to €5,070, the lowest in the series; recovery starts the following year.
29-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
06-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
03-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 3 days late
2017
06-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
3 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, Oostende · 1 establishment unit since 2000
seat establishment The establishment unit on the map
Ground area
2,914 m²
Building footprint
657 m²
Volume, LiDAR
9,169 m³
Parcel 35384A0163/00Z000, Flanders · tallest building 17.8 m, ±5 floors. Linked by address, not a title deed.
6 companies at this address See who is registered here
1 establishment unit
Elisabethlaan 25, 8400 Oostende
NACE 70201
since 20002.131.669.327
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35384A0163/00Z000 Flanders 2,914 m² 1 · 657 m² 17.8 m · 5 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.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. Dokter Marc BACKAERT 100%
  2. ELISA

Highest known parent: Dokter Marc BACKAERT. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPrivate limited company
Founded21-01-1999
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0465312760
Also 9925:BE0465312760
Registered 10-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.