Elkam Solutions

Active

Private limited companyfounded 20233 yrs activeGanzenweidestraat 146, 1130 Brussel, BelgiumKBO/BCE: BE 0798.529.932

Summary

The computed 12-month bankruptcy probability of Elkam Solutions is 10.4% (high). The latest annual accounts of Elkam Solutions were filed more than 90 days after the deadline. The 2023 annual accounts show equity of €43,009 and a net result of €43,009. Its solvency ranks better than 49% of 15209 sector peers (fiscal year 2023). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

Elkam SolutionsActive

Risk analysis Report Compare

Activity

Wholesale of beverages, general range

NACE 46349

1 site

Size

€114,912total assets 2023

Equity: €43,009
Profit: €43,009

Turnover not published (abridged schema)

Financial health

Bankruptcy chance 12 m: 10.4%

2023 figures too old to score

Structure

Accounts filed 99 d late0 of 2 deeds read

Signals- Figures for FY 2023 (filed 07-11-2024)- 2 financial years not filed after the legal deadline; latest accounts 99 days late; 1 of the last 3 late- 1 change of registered office in 24 months- Filed more than 90 days late+ Liquidity: current ratio 2.11, cash €75,512Show the evidence

Checked score

No current score

Figures too old

The available figures for FY 2023 are too old to assess current financial health.

Bankruptcy probability: High

Filing: Filed more than 90 days late

Financial strength, FY 2023

Strong

Solvency 62

equity 37.4% of total assets

Liquidity 81

short-term debt 39.8% · cash 65.7%

Profitability 100

return on assets 37.4%

Bankruptcy probability, 12 months

10.4% High

0%0.5%1.5%4%10%≥ 25%

About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,788 companies)

Last 24 months 11-2024: 2.7% 12-2024: 0.8%▼ -71.0% vs 11-2024 01-2025: 0.7%▼ -12.8% vs 12-2024lowest value 02-2025: 0.7%▲ +5.4% vs 01-2025 03-2025: 0.8%▲ +8.1% vs 02-2025 04-2025: 1.8%▲ +132% vs 03-2025 05-2025: 1.9%▲ +6.5% vs 04-2025 06-2025: 1.9%▲ +0.2% vs 05-2025 07-2025: 1.9%▲ +1.3% vs 06-2025 08-2025: 2.8%▲ +48.5% vs 07-2025 09-2025: 3.0%▲ +5.7% vs 08-2025 10-2025: 5.1%▲ +71.1% vs 09-2025 11-2025: 5.3%▲ +2.1% vs 10-2025 12-2025: 6.5%▲ +24.1% vs 11-2025 01-2026: 8.8%▲ +34.6% vs 12-2025 02-2026: 8.8%● 0.0% vs 01-2026 03-2026: 9.6%▲ +9.3% vs 02-2026 04-2026: 8.8%▼ -8.5% vs 03-2026 05-2026: 8.9%▲ +0.9% vs 04-2026 06-2026: 8.7%▼ -1.6% vs 05-2026 07-2026: 8.7%● 0.0% vs 06-2026 08-2026: 10.7%▲ +23.1% vs 07-2026highest value 09-2026: 10.7%● 0.0% vs 08-2026highest value 10-2026: 10.4%▼ -2.6% vs 09-2026

Figures for FY 2023 (filed 07-11-2024) raises the probability
2 financial years not filed after the legal deadline; latest accounts 99 days late; 1 of the last 3 late raises the probability
1 change of registered office in 24 months raises the probability
Liquidity: current ratio 2.11, cash €75,512 lowers the probability

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Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk

Figures for FY 2023 (filed 07-11-2024)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

2 financial years not filed after the legal deadline; latest accounts 99 days late; 1 of the last 3 late

In the bankruptcy model this factor raises the probability.

NBB · filings

1 change of registered office in 24 months

In the bankruptcy model this factor raises the probability.

Belgian State Gazette

Liquidity: current ratio 2.11, cash €75,512

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

Filed more than 90 days late

The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 07-11-2024, 99 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 1 filing

Deviation from the deadline

2023

99 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its 2023 accounts 99 days after the deadline; the sector median for financial year 2023 is 2 days before the deadline, and 40% of the sector filed late.

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

07-11-24 Annual accounts filedfiscal year 2023 · micro…

Key points

Caution: Latest accounts filed lateafter the legal deadline 99 d View
Positive: Among the best 16% on net resultsector median €4,961 · 15,197 companies €43,009 View
Total assets 2023first fiscal year filed €114,912 View