Equity
-€13,860
Debts exceed assets in financial year 2025.
ELKABEL
Lifetime
15 annual accounts with figures on one time axis, 30 filings since 1991peak €29,131 (2023)
€13,680▲ 144%
lowest -€14,443 (2018)
€3,632▲ €6,034
peak €8,612 (2006)
-€13,860▲ €3,632
€27,223▼ 15.2%
Board7 names since 2018
1 director
Documentsfilings and deeds
05-04-2026117 days before the deadline
2025micro format
Gross margin from €5,598 to €13,680Back to profit: €3,632Registered office moved from Ixelles to Schaerbeek 22-07Equity from -€17,492 to -€13,860Debts from €32,088 to €27,223Cash from €765 to €6,758
Key points
from the 2025 annual accountsDebts
€27,223 204% of the balance sheet
Position in the sector
-103.7%
Lower solvency than 95% of companies in land transport. Sector median 38.0% · 6,602 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,795 companies had the same profile as ELKABEL has now. Each dot stands for 10 companies, two years later.
91.4%
were still trading
5.4%
stopped another way
2.7%
went bankrupt
Another 0.6% 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.
| 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 3,795 companies, not a prediction for ELKABEL. 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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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0441760170
Registered office moved from Ixelles to Schaerbeek
Transfer of 1,250 shares from to · New registered office: Place de la patrie 16, 1030 Schaerbeek · Previous registered office: RUE MAJOR RENE DUBREUCQ 13 1050 IXELLES · General meeting of 09-07-2025 · Gazette deed
Resignation: (director)
General meeting of 30-01-2024 · Gazette deed
Registered office moved from Molenbeek-Saint-Jean to Ixelles
Transfer of shares from · Transfer of shares from · New registered office: Rue Major René Dubreucq 13- 1050 Ixelles · General meeting of 10-10-2022 · Gazette deed
Comparable companies
same main activity, similar in size and ageGrey: the largest companies of the sector (land transport (NACE 49)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as ELKABEL: scheduled passenger transport by road (NACE 49310). They are comparable in size and age: total assets between €15,300 and €38,700, founded between 1989 and 1999.
Official details
Source: KBO- Status
- Active since 26-07-1990Normal situation
- Activity
- Scheduled passenger transport by roadNACE 49310and 1 other
- Establishment unit
- 2.050.477.4561030 Schaerbeek, since 30-11-1990
- Financial year end
- 31 December
- Peppol
- Reachable since 12-05-2026
Annual accounts 2025
- €13,363▼ 8.5%
- Filing
- Filed on 05-04-2026, 117 days before the end of the filing period
Insights on ELKABEL
ELKABEL files the micro format. That format states no turnover. The gross margin rose from -€1,031 in 2006 to €13,680 in 2025.
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 ELKABEL
- What is the company number of ELKABEL?
- The company number of ELKABEL is 0441.760.170. The VAT number is the same number with BE in front: BE 0441.760.170.
- Where is ELKABEL based?
- The registered office is at Vaderlandsplein 16, 1030 Schaerbeek.Company details
- What does ELKABEL do?
- According to the KBO register, the main activity is scheduled passenger transport by road (NACE 49310).
- What is the legal form of ELKABEL?
- ELKABEL is a public limited company (NV).
- When was ELKABEL founded?
- ELKABEL was founded on 26-07-1990.
- Is ELKABEL still active?
- Yes, ELKABEL is an active enterprise in the KBO register.
- What is the turnover of ELKABEL?
- The turnover of ELKABEL was €29,049 in financial year 2025, according to the filed annual accounts.Financials
- Is ELKABEL profitable?
- In financial year 2025, ELKABEL made a profit of €3,632.
- Where can I find the annual accounts of ELKABEL?
- ELKABEL filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ELKABEL due?
- ELKABEL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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