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ELISIUM

Active
Private limited companyfounded 200818 yrs activeKoekhoven 50, 2310 Rijkevorsel, BelgiumKBO/BCE: BE 0898.279.287
Summary

ELISIUM has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€87,530) and a net result of -€2,661. Equity is growing by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 13% of 2204 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Risk analysisWatch ReportCompare
ELISIUMActiveChecked score 54/100
Risk analysis ReportCompare

Overview

What they do
Arts creation and performing arts activities
NACE 90312NACE 90042
1 site
How big
€485,667total assets 2025
Equity
-€87,530
Loss
-€2,661
Turnover not published (abridged schema)
Financially healthy?
54 Fair Checked score 2025
Bankruptcy chance 12 m
1.0%
Who decides
Accounts filed 36 d late0 of 3 deeds read
Why 54Capped at 59: negative equity- Liquidity: current ratio 0.03- Negative equity -€87,530- Latest accounts 36 days late; 1 of the last 3 late+ Size: total assets €485,667Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 24% of its sector peers (NACE 90, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 7-2
equity -18.0% of total assets
Liquidity 0-3
short-term debt 103.5%
Profitability 68-11
return on assets -0.5%
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (3,378 companies)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● 0.0% vs 11-2024 01-2025: 0.5%▲ +2.3% vs 12-2024 02-2025: 0.5%▲ +4.7% vs 01-2025 03-2025: 0.5%▲ +0.6% vs 02-2025 04-2025: 0.5%▲ +5.7% vs 03-2025 05-2025: 0.5%▼ -4.6% vs 04-2025 06-2025: 0.5%▼ -10.4% vs 05-2025 07-2025: 0.6%▲ +20.1% vs 06-2025 08-2025: 0.8%▲ +39.0% vs 07-2025 09-2025: 0.5%▼ -41.7% vs 08-2025 10-2025: 0.5%● 0.0% vs 09-2025 11-2025: 0.5%● 0.0% vs 10-2025 12-2025: 0.5%● 0.0% vs 11-2025 01-2026: 0.5%▲ +2.4% vs 12-2025 02-2026: 0.5%▲ +3.5% vs 01-2026 03-2026: 0.5%● 0.0% vs 02-2026 04-2026: 0.5%▲ +4.6% vs 03-2026 05-2026: 0.5%▼ -4.6% vs 04-2026 06-2026: 0.4%▼ -10.7% vs 05-2026lowest value 07-2026: 0.4%▲ +4.5% vs 06-2026 08-2026: 0.7%▲ +51.9% vs 07-2026 09-2026: 0.8%▲ +24.3% vs 08-2026 10-2026: 1.0%▲ +24.6% vs 09-2026highest value
  • Liquidity: current ratio 0.03 raises the probability
  • Size: total assets €485,667 lowers the probability for this profile
  • Negative equity -€87,530 raises the probability
  • Latest accounts 36 days late; 1 of the last 3 late raises the probability
No credit on open account
Liquidity short (current ratio 0.03 against 0.08 in 2024; short-term debt: 103.5% of total assets), and equity is negative.
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 90, micro). Better than this share of them on solvency 13%, liquidity 0%, profitability 42%, growth against the median 39%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610020317, computed on 02-10-2026. 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

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 0.03
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Size: total assets €485,667
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Negative equity -€87,530
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Latest accounts 36 days late; 1 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€87,530
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-09-2026, 36 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
36 d late
2024
on the day
2023
35 d early
2022
2 d early
2021
2 d early
2020
30 d late
2019
16 d late
← 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 6 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed 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 29 July (4 of the last 5 filed years within 32 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 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
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€87,530 View
  • Risk: 3 loss-making years in a rowloss fiscal year 2025 -€2,661 View
  • Caution: Among the weakest 5% on equitysector median €42,908 · 2,206 companies -€87,530 View

By topic

Financials

Fiscal year
2025
Total assets
€485,667
Loss
-€2,661
Solvency
-18.0%
Turnover▼ 9.3%
Net result
20222024
Go to Financials

Timeline

Events
12
Since
2017
Next accounts
by 31-07-2027
  1. 05-09-2026Annual accounts filed
  2. 31-07-2025Annual accounts filed
  3. 26-06-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Arts creation and performing arts activitiesNACE 90312
Founded
28-05-2008
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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