ELITSA
ActiveSummary
The computed 12-month bankruptcy probability of ELITSA is 3.9% (moderate). The 2024 annual accounts show negative equity (-€16,102) and a net result of €9,103. Its solvency ranks better than 13% of 755 sector peers (fiscal year 2024). The company has been active since 2012 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).
Checked score
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Signals
This company filed its last 2 accounts on average 39 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 48% of the sector filed late.
History
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Financials · fiscal year 2024, abbreviated schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 3,640 companies that looked in July 2024 the way this one looks now, 2.7% went bankrupt within 24 months and 92% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a profit of 5% of the balance sheet or more
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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%.
| 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 3,640 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.
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | - | €7,288 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,073 | €3,692 | ▲ 244% |
| Other operating charges640/8 | €309 | €4,764 | ▲ 1,440% |
| Gross operating margin9900 | €9,945 | €29,548 | ▲ 197% |
| Operating profit (loss)9901 | €8,562 | €13,804 | ▲ 61.2% |
| Financial charges65/66B | €2,590 | €4,701 | ▲ 81.5% |
| Recurring financial charges65 | €2,590 | €4,701 | ▲ 81.5% |
| Profit (loss) for the period before taxes9903 | €5,972 | €9,103 | ▲ 52.4% |
| Profit (loss) for the period9904 | €5,972 | €9,103 | ▲ 52.4% |
| Profit (loss) for the period to be appropriated9905 | €5,972 | €9,103 | ▲ 52.4% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €122,354 | €122,226 | ▼ 0.1% |
| Fixed assets21/28 | €118,096 | €115,639 | ▼ 2.1% |
| Tangible fixed assets22/27 | €117,860 | €115,403 | ▼ 2.1% |
| Land and buildings22 | €117,860 | €114,313 | ▼ 3.0% |
| Furniture and vehicles24 | - | €1,090 | - |
| Financial fixed assets28 | €236 | €236 | = |
| Current assets29/58 | €4,258 | €6,587 | ▲ 54.7% |
| Stocks and contracts in progress3 | €3,000 | €3,000 | = |
| Stocks30/36 | €3,000 | €3,000 | = |
| Cash at bank and in hand54/58 | €1,258 | - | - |
| Deferred charges and accrued income490/1 | - | €3,587 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €122,354 | €122,226 | ▼ 0.1% |
| Equity10/15 | -€25,204 | -€16,102 | ▲ 36.1% |
| Contributions10/11 | €18,700 | €18,700 | = |
| Outside capital11 | €18,700 | €18,700 | = |
| Other1109/19 | €18,700 | €18,700 | = |
| Reserves13 | €86 | €86 | = |
| Non-distributable reserves130/1 | €86 | €86 | = |
| Reserves not available under the articles1311 | €86 | €86 | = |
| Profit (loss) carried forward14 | -€43,990 | -€34,887 | ▲ 20.7% |
| Amounts payable17/49 | €147,559 | €138,328 | ▼ 6.3% |
| Amounts payable after more than one year17 | €75,367 | €66,203 | ▼ 12.2% |
| Financial debts170/4 | €75,367 | €66,203 | ▼ 12.2% |
| Amounts payable within one year42/48 | €72,191 | €72,125 | ▼ 0.1% |
| Current portion of amounts payable after more than one year42 | €11,874 | €9,165 | ▼ 22.8% |
| Financial debts43 | €1,864 | €98 | ▼ 94.8% |
| Other loans439 | €1,864 | €98 | ▼ 94.8% |
| Trade debts44 | €6,061 | €7,700 | ▲ 27.0% |
| Suppliers440/4 | €6,061 | €7,700 | ▲ 27.0% |
| Taxes, remuneration and social security45 | €3,611 | €7,676 | ▲ 113% |
| Taxes450/3 | €1,473 | €4,942 | ▲ 236% |
| Remuneration and social security454/9 | €2,138 | €2,734 | ▲ 27.9% |
| Other amounts payable47/48 | €48,783 | €47,487 | ▼ 2.7% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €5,972 | €9,103 | ▲ 52.4% |
| + Depreciation and write-downs630 | €1,073 | €3,692 | ▲ 244% |
| Operating cash flow (approximation) | €7,045 | €12,795 | ▲ 81.6% |
| Investment in fixed assets (approximation) | - | -€1,235 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
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.
Directors · office · real estate
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Jubelgalerij 61040 Etterbeek1 establishment unit
Similar companies · same sector and region
Identification & contact
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.