Elju
ActiveSummary
The computed 12-month bankruptcy probability of Elju is 4.1% (elevated). The 2025 annual accounts show equity of €428k and a net result of €90k. Equity is growing by ~11.9% per year across the filed fiscal years. Its solvency ranks better than 59% of 3705 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
59
/ 100
Fair
An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▲+9
Solvency63▲+5
Growth52=
Track record94
Bankruptcy probability, 12 months
4.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days only on tighter terms
Liquidity tight (current ratio 1.23 against 0.96 in 2024; short-term debt: 44.3% and cash: 34.2% of total assets), and 61.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
38.4%
Return on assets
8%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 21-04-2026, 9 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
9 d early
2024
5 d early
2023
1 d early
2022
2 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€428k▲ 26.5%
2024 · €339k
2022: €297klowest in 4 years
2023: €329k▲ +10.7% vs 2022
2024: €339k▲ +3.0% vs 2023
2025: €428k▲ +26.5% vs 2024highest in 4 years
2022 → 2025
Total assets
€1.12M▲ 8.4%
2024 · €1.03M
2022: €957klowest in 4 years
2023: €1.01M▲ +5.4% vs 2022
2024: €1.03M▲ +2.1% vs 2023
2025: €1.12M▲ +8.4% vs 2024highest in 4 years
2022 → 2025
Net result
€90k▲ 809%
2024 · €10k
2022: €294khighest in 4 years
2023: €32k▼ -89.1% vs 2022
2024: €10k▼ -69.1% vs 2023lowest in 4 years
2025: €90k▲ +809% vs 2024
2022 → 2025
Working capital
€115k
2024 · €-18k
2022: €-57klowest in 4 years
2023: €16k▲ +127% vs 2022
2024: €-18k▼ -212% vs 2023
2025: €115k▲ +752% vs 2024highest in 4 years
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€297k-€329k▲ 10.7%€339k▲ 3.0%€428k▲ 26.5%
2022: €297klowest in 4 years
2023: €329k▲ +10.7% vs 2022
2024: €339k▲ +3.0% vs 2023
2025: €428k▲ +26.5% vs 2024highest in 4 years
Operating result€442k-€59k▼ 86.6%€28k▼ 52.7%€155k▲ 454%
2022: €442khighest in 4 years
2023: €59k▼ -86.6% vs 2022
2024: €28k▼ -52.7% vs 2023lowest in 4 years
2025: €155k▲ +454% vs 2024
Net result€294k-€32k▼ 89.1%€10k▼ 69.1%€90k▲ 809%
2022: €294khighest in 4 years
2023: €32k▼ -89.1% vs 2022
2024: €10k▼ -69.1% vs 2023lowest in 4 years
2025: €90k▲ +809% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 454% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.12M
Fixed assets
€507k ▼ 12.2%
Current assets
€609k ▲ 34.8%
Equity and liabilities €1.12M
Equity
€428k ▲ 26.5%
Debt
€688k ▼ 0.4%
Debt's share of the balance-sheet total falls from 67.1% to 61.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€293k▲
2024 · €143k
Cash flow
€227k▲
2024 · €124k
Current ratio
1.23▲
2024 · 0.96
Quick ratio
1.15▲
2024 · 0.91
Debt to equity
1.61▼
2024 · 2.04
ROE
20.9%▲
2024 · 2.9%
ROA
8.0%▲
2024 · 1.0%
Interest coverage
9.56▲
2024 · 8.62
Debt ≤ 1 year
€494k▲
2024 · €469k
Debt > 1 year
€186k▼
2024 · €221k
Income taxes
€40k▲
2024 · €7k
Staff costs
€565k▲
2024 · €521k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 58 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.03M€1.12M▲
Fixed assets21/28€578k€507k▼
Intangible fixed assets21€229k€164k▼
Tangible fixed assets22/27€340k€333k▼
Land and buildings22€5k€0▼
Plant, machinery and equipment23€183k€190k▲
Furniture and vehicles24€152k€131k▼
Other tangible fixed assets26-€13k
Financial fixed assets28€9k€9k=
Current assets29/58€452k€609k▲
Amounts receivable after more than one year29€169k€149k▼
Other amounts receivable291€169k€149k▼
Stocks and contracts in progress3€22k€41k▲
Stocks30/36€22k€41k▲
Amounts receivable within one year40/41€28k€27k▼
Trade receivables40€26k€10k▼
Other amounts receivable41€2k€17k▲
Cash at bank and in hand54/58€227k€382k▲
Deferred charges and accrued income490/1€5k€10k▲
Equity and liabilities
Total equity and liabilities10/49€1.03M€1.12M▲
Equity10/15€339k€428k▲
Contributions10/11€3k€3k=
Reserves13€336k€425k▲
Distributable reserves133€336k€425k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€691k€688k▼
Amounts payable after more than one year17€221k€186k▼
Financial debts170/4€221k€186k▼
Amounts payable within one year42/48€469k€494k▲
Current portion of amounts payable after more than one year42€70k€81k▲
Trade debts44€236k€247k▲
Suppliers440/4€236k€247k▲
Advances received on contracts in progress46-€13k
Taxes, remuneration and social security45€76k€84k▲
Taxes450/3€24k€33k▲
Remuneration and social security454/9€52k€51k▼
Other amounts payable47/48€88k€69k▼
Accrued charges and deferred income492/3-€7k
Income statement
Code20242025
Remuneration, social security and pensions62€521k€565k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€114k€137k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€349
Other operating charges640/8€6k€16k▲
Non-recurring operating charges66A€526€17k▲
Gross operating margin9900€671k€890k▲
Operating profit (loss)9901€28k€155k▲
Financial income75/76B€5k€5k▼
Recurring financial income75€5k€5k▼
Financial charges65/66B€17k€31k▲
Recurring financial charges65€17k€31k▲
Profit (loss) for the period before taxes9903€17k€130k▲
Income taxes67/77€7k€40k▲
Profit (loss) for the period9904€10k€90k▲
Profit (loss) for the period to be appropriated9905€10k€90k▲
Appropriation of the result
Profit (loss) to be appropriated9906€10k€90k▲
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€10k€90k▲
To other reserves6921€10k€90k▲
Social balance
Average headcount (FTE)908710.210.9▲
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €886k | €579k | €521k | €565k | ▲ 8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €131k | €104k | €114k | €137k | ▲ 19.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €349 | - |
| Other operating charges640/8 | €7k | €6k | €6k | €16k | ▲ 156% |
| Non-recurring operating charges66A | - | €418 | €526 | €17k | ▲ 3,069% |
| Gross operating margin9900 | €1.47M | €749k | €671k | €890k | ▲ 32.8% |
| Operating profit (loss)9901 | €442k | €59k | €28k | €155k | ▲ 454% |
| Financial income75/76B | €558 | €4k | €5k | €5k | ▼ 3.8% |
| Recurring financial income75 | €558 | €4k | €5k | €5k | ▼ 3.8% |
| Financial charges65/66B | €22k | €16k | €17k | €31k | ▲ 85.1% |
| Recurring financial charges65 | €22k | €16k | €17k | €31k | ▲ 85.1% |
| Profit (loss) for the period before taxes9903 | €421k | €48k | €17k | €130k | ▲ 669% |
| Income taxes67/77 | €127k | €16k | €7k | €40k | ▲ 472% |
| Profit (loss) for the period9904 | €294k | €32k | €10k | €90k | ▲ 809% |
| Profit (loss) for the period to be appropriated9905 | €294k | €32k | €10k | €90k | ▲ 809% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €957k | €1.01M | €1.03M | €1.12M | ▲ 8.4% |
| Fixed assets21/28 | €590k | €501k | €578k | €507k | ▼ 12.2% |
| Intangible fixed assets21 | €357k | €293k | €229k | €164k | ▼ 28.1% |
| Tangible fixed assets22/27 | €223k | €198k | €340k | €333k | ▼ 1.8% |
| Land and buildings22 | €4k | €4k | €5k | €0 | ▼ 100% |
| Plant, machinery and equipment23 | €155k | €142k | €183k | €190k | ▲ 3.6% |
| Furniture and vehicles24 | €64k | €53k | €152k | €131k | ▼ 13.9% |
| Other tangible fixed assets26 | - | - | - | €13k | - |
| Financial fixed assets28 | €9k | €9k | €9k | €9k | = |
| Current assets29/58 | €367k | €507k | €452k | €609k | ▲ 34.8% |
| Amounts receivable after more than one year29 | - | €144k | €169k | €149k | ▼ 11.8% |
| Other amounts receivable291 | - | €144k | €169k | €149k | ▼ 11.8% |
| Stocks and contracts in progress3 | €21k | €24k | €22k | €41k | ▲ 81.5% |
| Stocks30/36 | €21k | €24k | €22k | €41k | ▲ 81.5% |
| Amounts receivable within one year40/41 | €4k | €39k | €28k | €27k | ▼ 3.7% |
| Trade receivables40 | - | €36k | €26k | €10k | ▼ 60.7% |
| Other amounts receivable41 | €4k | €3k | €2k | €17k | ▲ 592% |
| Cash at bank and in hand54/58 | €340k | €292k | €227k | €382k | ▲ 68.2% |
| Deferred charges and accrued income490/1 | €2k | €8k | €5k | €10k | ▲ 108% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €957k | €1.01M | €1.03M | €1.12M | ▲ 8.4% |
| Equity10/15 | €297k | €329k | €339k | €428k | ▲ 26.5% |
| Contributions10/11 | €3k | €3k | €3k | €3k | = |
| Reserves13 | €294k | €326k | €336k | €425k | ▲ 26.7% |
| Distributable reserves133 | €294k | €326k | €336k | €425k | ▲ 26.7% |
| Profit (loss) carried forward14 | €0 | €0 | €0 | - | - |
| Amounts payable17/49 | €660k | €679k | €691k | €688k | ▼ 0.4% |
| Amounts payable after more than one year17 | €236k | €188k | €221k | €186k | ▼ 15.8% |
| Financial debts170/4 | €236k | €188k | €221k | €186k | ▼ 15.8% |
| Amounts payable within one year42/48 | €424k | €491k | €469k | €494k | ▲ 5.4% |
| Current portion of amounts payable after more than one year42 | €47k | €48k | €70k | €81k | ▲ 15.8% |
| Trade debts44 | €189k | €227k | €236k | €247k | ▲ 4.7% |
| Suppliers440/4 | €189k | €227k | €236k | €247k | ▲ 4.7% |
| Advances received on contracts in progress46 | - | - | - | €13k | - |
| Taxes, remuneration and social security45 | €98k | €125k | €76k | €84k | ▲ 11.2% |
| Taxes450/3 | €71k | €67k | €24k | €33k | ▲ 38.5% |
| Remuneration and social security454/9 | €27k | €58k | €52k | €51k | ▼ 1.5% |
| Other amounts payable47/48 | €90k | €91k | €88k | €69k | ▼ 21.1% |
| Accrued charges and deferred income492/3 | - | - | - | €7k | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €294k | €32k | €10k | €90k | ▲ 809% |
| + Depreciation and write-downs630 | €131k | €104k | €114k | €137k | ▲ 19.8% |
| Operating cash flow (approximation) | €425k | €136k | €124k | €227k | ▲ 82.4% |
| Investment in fixed assets (approximation) | - | €-14k | €-191k | €-67k | ▲ 65.1% |
| Change in cash | - | €-48k | €-65k | €155k | ▲ 339% |
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
21-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
25-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Weakest financial yearnet €10k ▼69.1%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Zandhoven · 2 establishment units since 2021
Ground area
8,791 m²
Building footprint
576 m²
Volume, LiDAR
2,429 m³
2 parcels, Flanders · tallest building 16.8 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Elju
since 20212.313.748.027
Boothuys
since 20212.317.915.661
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11027B0020/02E000 | Flanders | 8,674 m² | 1 · 459 m² | 16.8 m · 1 fl. |
| 11034B0092/00H000 | Flanders | 118 m² | 1 · 118 m² | 9.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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
2022 to 2025 · 5 entries · 36,181 EUR awarded · 36,181 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 8,036 EUR | 8,036 EUR |
| 2024 | 1 | 9,617 EUR | 9,617 EUR |
| 2023 | 1 | 12,366 EUR | 12,366 EUR |
| 2022 | 2 | 6,162 EUR | 6,162 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteZandhoven2.317.915.661
Dual-learning approval
2 live approvalsKeukenmedewerker (vwo)
Keukenmedewerker duaal (so)
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,462. 6,747 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
Founded18-02-2021
Fiscal year end30-09
Activities, NACEBEL 2025
56111Full-service restaurants
Scores and ratios are computed by Checked and are not a credit decision.