ELJON
ActiveSummary
The computed 12-month bankruptcy probability of ELJON is 2.0% (moderate). The 2025 annual accounts show equity of €7,869 and a net result of €9,828. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 40% of 28184 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency63▲+40
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.71 against 0.19 in 2024; short-term debt: 59.8% and cash: 21% of total assets), and 61.8% 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 · 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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
38.2%
Return on assets
47.7%
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 13-04-2026, 109 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
109 d early
2024
117 d early
2023
77 d late
2022
2 d early
2021
52 d early
2020
8 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 35 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidy mirror
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Financials · fiscal year 2025, micro schema
Equity
€7,869
2024 · -€959
Total assets
€20,599▼ 52.9%
2024 · €43,772
Net result
€9,828▼ 16.8%
2024 · €11,807
Working capital
-€3,513▲ 86.5%
2024 · -€26,017
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-€18,113-€4,716▲ 74.0%€4,626€16,915▲ 266%€15,524▼ 8.2%
Net result-€18,522-€5,881▲ 68.2%€2,434€11,807▲ 385%€9,828▼ 16.8%
Equity-€9,319-€15,200▼ 63.1%-€12,765▲ 16.0%-€959▲ 92.5%€7,869
Total assets€35,974▼ 52.2%€55,591▲ 54.5%€63,360▲ 14.0%€43,772▼ 30.9%€20,599▼ 52.9%
Debt€45,293▼ 31.4%€70,791▲ 56.3%€76,126▲ 7.5%€44,730▼ 41.2%€12,730▼ 71.5%
Working capital-€41,469▼ 35.1%-€34,387▲ 17.1%-€32,206▲ 6.3%-€26,017▲ 19.2%-€3,513▲ 86.5%
Staff (FTE)1.51▼ 33.3%1=1=0.2▼ 80.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 8% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €20,599
Fixed assets
€11,788 ▼ 68.8%
Current assets
€8,812 ▲ 48.0%
Equity and liabilities €20,599
Equity
€7,869
Debt
€12,730
Debt finances 61.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€17,620▼
2024 · €28,298
Cash flow
€11,924▼
2024 · €23,190
Current ratio
0.71▲
2024 · 0.19
Quick ratio
0.51▲
2024 · 0.14
Debt to equity
1.62
ROE
124.9%
ROA
47.7%▲
2024 · 27.0%
Interest coverage
20.70▼
2024 · 28.38
Debt ≤ 1 year
€12,324▼
2024 · €31,972
Debt > 1 year
€0▼
2024 · €12,758
Income taxes
€4,845▲
2024 · €4,185
Staff costs
€2,747▼
2024 · €20,197
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.0% 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 497,058 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% | 1.6% |
| 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 74% 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 26,964 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €15,865 | €26,041 | €31,673 | €20,197 | €2,747 | ▼ 86.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,113 | €4,509 | €11,071 | €11,383 | €2,096 | ▼ 81.6% |
| Other operating charges640/8 | €3,313 | €10,331 | €5,797 | €5,641 | €7,417 | ▲ 31.5% |
| Non-recurring operating charges66A | - | €5,963 | €0 | €2,735 | €24,454 | ▲ 794% |
| Gross operating margin9900 | €11,178 | €42,127 | €53,167 | €56,871 | €52,238 | ▼ 8.1% |
| Operating profit (loss)9901 | -€18,113 | -€4,716 | €4,626 | €16,915 | €15,524 | ▼ 8.2% |
| Financial income75/76B | - | - | - | €75 | €0 | ▼ 100% |
| Recurring financial income75 | - | - | - | €75 | €0 | ▼ 100% |
| Financial charges65/66B | €170 | €803 | €1,259 | €997 | €851 | ▼ 14.6% |
| Recurring financial charges65 | €170 | €803 | €1,259 | €997 | €851 | ▼ 14.6% |
| Profit (loss) for the period before taxes9903 | -€18,283 | -€5,519 | €3,367 | €15,992 | €14,672 | ▼ 8.3% |
| Income taxes67/77 | €239 | €362 | €933 | €4,185 | €4,845 | ▲ 15.8% |
| Profit (loss) for the period9904 | -€18,522 | -€5,881 | €2,434 | €11,807 | €9,828 | ▼ 16.8% |
| Profit (loss) for the period to be appropriated9905 | -€18,522 | -€5,881 | €2,434 | €11,807 | €9,828 | ▼ 16.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €35,974 | €55,591 | €63,360 | €43,772 | €20,599 | ▼ 52.9% |
| Fixed assets21/28 | €32,841 | €46,352 | €39,331 | €37,817 | €11,788 | ▼ 68.8% |
| Tangible fixed assets22/27 | €32,476 | €45,987 | €37,916 | €36,402 | €10,373 | ▼ 71.5% |
| Plant, machinery and equipment23 | €3,373 | €3,925 | €2,180 | €1,452 | €1,208 | ▼ 16.8% |
| Furniture and vehicles24 | €29,103 | €42,062 | €33,162 | €24,262 | €0 | ▼ 100% |
| Other tangible fixed assets26 | - | - | €2,574 | €10,688 | €9,164 | ▼ 14.3% |
| Financial fixed assets28 | €365 | €365 | €1,415 | €1,415 | €1,415 | = |
| Current assets29/58 | €3,133 | €9,239 | €24,030 | €5,955 | €8,812 | ▲ 48.0% |
| Stocks and contracts in progress3 | €525 | €1,371 | €1,970 | €1,634 | €2,482 | ▲ 51.9% |
| Stocks30/36 | €525 | €1,371 | €1,970 | €1,634 | €2,482 | ▲ 51.9% |
| Amounts receivable within one year40/41 | €785 | €1,138 | €19,089 | €0 | €542 | - |
| Trade receivables40 | - | €1,138 | €19,089 | €0 | €542 | - |
| Other amounts receivable41 | €785 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €387 | €3,971 | €47 | €3,582 | €4,318 | ▲ 20.6% |
| Deferred charges and accrued income490/1 | €1,436 | €2,759 | €2,924 | €739 | €1,470 | ▲ 98.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €35,974 | €55,591 | €63,360 | €43,772 | €20,599 | ▼ 52.9% |
| Equity10/15 | -€9,319 | -€15,200 | -€12,765 | -€959 | €7,869 | ▲ 921% |
| Contributions10/11 | €1 | €1 | €1 | €1 | €1 | = |
| Reserves13 | - | - | - | - | €7,868 | - |
| Distributable reserves133 | - | - | - | - | €7,868 | - |
| Profit (loss) carried forward14 | -€9,320 | -€15,201 | -€12,766 | -€960 | €0 | ▲ 100% |
| Amounts payable17/49 | €45,293 | €70,791 | €76,126 | €44,730 | €12,730 | ▼ 71.5% |
| Amounts payable after more than one year17 | - | €26,662 | €19,798 | €12,758 | €0 | ▼ 100% |
| Financial debts170/4 | - | €26,662 | €19,798 | €12,758 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €44,602 | €43,626 | €56,236 | €31,972 | €12,324 | ▼ 61.5% |
| Current portion of amounts payable after more than one year42 | - | €6,692 | €7,428 | €7,040 | €0 | ▼ 100% |
| Trade debts44 | €16,906 | €8,930 | €16,581 | €1,648 | €469 | ▼ 71.5% |
| Suppliers440/4 | €16,906 | €8,930 | €16,581 | €1,648 | €469 | ▼ 71.5% |
| Taxes, remuneration and social security45 | €6,640 | €10,378 | €17,426 | €11,202 | €10,770 | ▼ 3.9% |
| Taxes450/3 | €3,742 | €6,238 | €12,500 | €9,879 | €10,770 | ▲ 9.0% |
| Remuneration and social security454/9 | €2,898 | €4,140 | €4,926 | €1,323 | €0 | ▼ 100% |
| Other amounts payable47/48 | €21,055 | €17,626 | €14,800 | €12,082 | €1,085 | ▼ 91.0% |
| Accrued charges and deferred income492/3 | €691 | €503 | €92 | €0 | €406 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€18,522 | -€5,881 | €2,434 | €11,807 | €9,828 | ▼ 16.8% |
| + Depreciation and write-downs630 | €10,113 | €4,509 | €11,071 | €11,383 | €2,096 | ▼ 81.6% |
| Operating cash flow (approximation) | -€8,409 | -€1,372 | €13,506 | €23,190 | €11,924 | ▼ 48.6% |
| Investment in fixed assets (approximation) | - | -€18,019 | -€4,050 | -€9,869 | €23,933 | ▲ 343% |
| Change in cash | - | €3,584 | -€3,924 | €3,535 | €736 | ▼ 79.2% |
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
Next filing, fiscal year 2026, expected by
2026
13-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
05-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2020net €11,807 ▲385%
Operating result €16,915, net result €11,807, both a record.
16-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 77 days late
2023
31-12
Financial
Back to profitnet €2,434
Net result €2,434 after 2 loss-making years.
29-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet -€18,522
Net result drops to -€18,522, the lowest in the series; recovery starts the following year.
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro 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, Gent · 1 establishment unit since 2019
Ground area
220 m²
Building footprint
133 m²
Volume, LiDAR
1,342 m³
Parcel 44021A1839/00S002, Flanders · tallest building 13.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Tolhuislaan 170, 9000 Gent
since 20192.288.907.812
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44021A1839/00S002 | Flanders | 220 m² | 1 · 133 m² | 13.0 m · 3 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Recognitions · licences · registrations
Food safety, FASFC
1 siteGent2.288.907.812
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Of 8,574 companies in sector 43410 we hold annual accounts for 4,367. 2,002 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
Founded18-04-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43410Roofing work
56301Cafés and bars
92000Gambling and betting activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0725517735
Also
9925:BE0725517735
Registered
15-01-2026
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.