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ELIX

Active Private limited company (pre-2019)founded 1985active for 41 yearsEuropalaan 81, 3600 GenkKBO/BCE: BE 0427.083.377 #2 oldest company in Genk, Accommodation and food service sector

Lifetime

20 annual accounts with figures on one time axis, 41 filings since 1985
peak €36,029 (2011)
-€16,655▼ €20,408
lowest -€40,926 (2025)
-€40,926▼ €20,040
peak €279,365 (2018)
€173,229▼ 19.1%
€53,606▲ 42.7%
peak 0.2 FTE (2007)
-not published
Board2 names since 2000
1 director
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €3,752 to -€16,655Loss of €40,926Equity from €214,155 to €173,229Debts from €37,570 to €53,606Cash from €5,038 to €84

Key points

from the 2025 annual accounts

Losses

-€106,136 in seven years
-13,9582019-3862020-5,2872021-9,2792022-15,4132023-20,8872024-40,9262025

Every financial year from 2019 to 2025 closed with a loss. 2025 was the heaviest.

Liquidity

0.15 was 0.64 in 2024

Short-term debts rose from €17,416 to €39,178.

Position in the sector

-€40,926

Lower net result than 94% of companies in food and beverage service. Sector median €4,670 · 18,499 companies.

2025 accounts filed 31 days after the deadlineTurnover not published (micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 5,843 companies had the same profile as ELIX has now. Each dot stands for 15 companies, two years later.

84.3%
were still trading
13.6%
stopped another way
1.7%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more

Another 0.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 5,843 companies, not a prediction for ELIX. 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.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 27-11-2000
  • all the sharesdeed of 06-12-2024
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0427083377
Transfer of 36 shares from to Resignation: (director) · Director discharge: holds all the shares · General meeting of 30-09-2024 · Gazette deed
Capital increase of €60,000 to €150,000 Capital from €90,000 to €150,000, 242 new shares · Contribution: · “Voeding:uitvoeren van prestaties als hygiëneconsulent;HACCP-deskundige;voedingsdeskundige en aanverwante; Voor…” (deed in Dutch) · General meeting of 06-11-2017 · Gazette deed
First establishment Restaurant PEPER EN ZOUT-, Europalaan 81, Genk
All 52 events

Comparable companies

same main activity, similar in size and age
Company
ELIX Genk €226,835 -€16,655 76.4% -
LUKLOMAR Knokke-Heist €241,706 -€5,312 91.6% -
L'ECAILLER DU CAFE ROBERT Blegny €240,094 -€2,006 99.9% -
Le Pré Mondain Somme-Leuze €252,370 -€40,766 -142.1% -
HOF TEN AS Steenokkerzeel €252,043 -€2,147 90.8% -
De Lork Keerbergen €187,981 -€18,054 -94.3% -
Hof ten Broeck Puurs-Sint-Amands €178,531 -€2,342 93.1% 0

These companies have the same main activity as ELIX: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €179,000 and €252,000, founded between 1980 and 1991.

Official details

Source: KBO
Status
Active since 04-04-1985Normal situation
Activity
Full-service restaurantsNACE 56111and 2 others
Joint committee
302Hotels and catering · annual accounts 2025
Establishment unit
2.026.912.0973600 Genk, since 18-04-1985
Financial year end
31 December
Peppol
Reachable since 06-10-2025
Company details

Annual accounts 2025

€226,835▼ 9.9%
Filing
Filed on 31-08-2026
Financials

Insights on ELIX

ELIX files the micro format. That format states no turnover. The gross margin fell from €17,892 in 2006 to -€16,655 in 2025.

The balance sheet grew most in 2017 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about ELIX

What is the company number of ELIX?
The company number of ELIX is 0427.083.377. The VAT number is the same number with BE in front: BE 0427.083.377.
Where is ELIX based?
The registered office is at Europalaan 81, 3600 Genk.Company details
What does ELIX do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of ELIX?
ELIX is a private limited company (pre-2019) (BVBA).
When was ELIX founded?
ELIX was founded on 04-04-1985.
Is ELIX still active?
Yes, ELIX is an active enterprise in the KBO register.
Which joint committee does ELIX fall under?
In its 2025 annual accounts, ELIX states joint committee 302 (Hotels and catering).
What is the turnover of ELIX?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is ELIX profitable?
In financial year 2025, ELIX made a loss of €40,926.
Where can I find the annual accounts of ELIX?
ELIX filed 41 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ELIX due?
ELIX must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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