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ELKAUR INTERNATIONAL

Active
Public limited companyfounded 1987active for 39 yearsBrugmannlaan 384, 1180 Ukkel, BelgiumKBO/BCE: BE 0431.992.468

From the official registers: KBO 37 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of ELKAUR INTERNATIONAL is 2.4% (moderate). The 2024 annual accounts show negative equity (-€848,451) and a net result of -€120,230. Equity is shrinking by about 23% per year across the filed financial years. Its solvency ranks better than 9% of 19,157 sector peers (NACE 68, financial year 2024). The company has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
ELKAUR INTERNATIONALActiveChecked score 51/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active since 07-09-1987 Normal situation
Legal form
Public limited company
Registered office
Brugmannlaan 384, 1180 Ukkel
Activity
Development of residential building projects NACE 68121
Establishment unit
2.031.493.269 1050 Brussel, since 19-11-1987
Financial year end
31 December
Peppol
Reachable since 02-01-2026
Company details

Who decides

Board
Shareholders
Board & ownership

How it is doing

51 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.4%
Annual accounts 2024
Gross margin
-€7,526
▼ 4.6%
Loss
€120,230
▲ 4.1%
Equity
-€848,451
▼ 16.5%
Total assets
€3.7m
▼ 4.5%
2025 accounts not filed, 93 days past the deadline
Filed on 30-09-2025PDF
Financials
Why 51raises riskLiquidity: current ratio 0.02Figures for financial year 2024 (filed 03-10-2025)1 financial year not filed after the legal deadline; last filed accounts filed 61 days late; 2 of the last 3 latelowers riskFounded in 1987Show the evidence

Checked score

Score 2024
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 31% of its sector peers (NACE 68, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Weak
Solvency 2-4
equity -23.0% of total assets
Liquidity 77+25
short-term debt 28.1%
Profitability 15=
return on assets -3.3%
Bankruptcy probability, 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,990 companies, NACE 68, small)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024lowest value 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.3%▲ +0.1 percentage points vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.4%▲ +0.1 percentage points vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025 08-2025: 0.6%▲ +0.1 percentage points vs 07-2025 09-2025: 0.7%▲ +0.1 percentage points vs 08-2025 10-2025: 0.9%▲ +0.2 percentage points vs 09-2025 11-2025: 1.1%▲ +0.2 percentage points vs 10-2025 12-2025: 1.1%● unchanged vs 11-2025 01-2026: 1.1%● unchanged vs 12-2025 02-2026: 1.1%● unchanged vs 01-2026 03-2026: 1.3%▲ +0.2 percentage points vs 02-2026 04-2026: 1.3%● unchanged vs 03-2026 05-2026: 1.3%● unchanged vs 04-2026 06-2026: 1.3%● unchanged vs 05-2026 07-2026: 1.3%● unchanged vs 06-2026 08-2026: 1.7%▲ +0.4 percentage points vs 07-2026 09-2026: 1.9%▲ +0.2 percentage points vs 08-2026 10-2026: 2.4%▲ +0.5 percentage points vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.02, compared with 0.53 in 2023, below 1; short-term debt: 28.1% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small): better than 3% on solvency, 95% on liquidity, 7% on profitability and 18% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises risk
raises risk · Liquidity: current ratio 0.02
NBB · annual accounts
raises risk · Figures for financial year 2024 (filed 03-10-2025)
NBB · annual accounts
lowers risk · Founded in 1987
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 61 days late; 2 of the last 3 late
NBB · filings
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€848,451
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 93 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline01-11-2026 today
raises risk · 2024 accounts filed 61 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
61 days late
2023
30 days late
2022
95 days late
2021
95 days late
2020
179 days late
2019
162 days late
← 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 104 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€848,451 View
  • Risk: 7 loss-making years in a rowloss financial year 2024 -€120,230 View
  • Caution: Among the weakest 5% on net resultsector median €4,579 · 19,145 companies -€120,230 View

Documents

Annual accounts at the NBB

All 37 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about ELKAUR INTERNATIONAL

What is the company number of ELKAUR INTERNATIONAL?
0431.992.468. In Belgium the VAT number is the company number with BE in front: BE 0431.992.468.
Where is ELKAUR INTERNATIONAL based?
The registered office is at Brugmannlaan 384, 1180 Ukkel.Company details
What does ELKAUR INTERNATIONAL do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of ELKAUR INTERNATIONAL?
Public limited company (NV).
When was ELKAUR INTERNATIONAL founded?
On 07-09-1987.
Is ELKAUR INTERNATIONAL still active?
Yes, ELKAUR INTERNATIONAL is an active enterprise in the KBO register.
What is the turnover of ELKAUR INTERNATIONAL?
The annual accounts for financial year 2024 state no turnover.Financials
Is ELKAUR INTERNATIONAL profitable?
In financial year 2024, ELKAUR INTERNATIONAL made a loss of €120,230.
Where can I find the annual accounts of ELKAUR INTERNATIONAL?
ELKAUR INTERNATIONAL filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)

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