Elkem Processing Services
ActiveSummary
Elkem Processing Services has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.62M and a net result of €-243k. Equity is growing by ~14.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 674 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability7▼-61
Solvency100=
Growth35=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90k at 30 days acceptable
Liquidity ample (current ratio 11.74 against 15.57 in 2024; short-term debt: 7.7% and cash: 78.6% of total assets), and 7.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
92.3%
Return on assets
-6.2%
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 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
21 d early
2024
4 d late
2023
8 d early
2022
39 d early
2021
18 d early
2020
23 d early
2019
28 d late
← before the deadline
after the deadline →
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€933k▼ 32.9%
2024 · €1.39M
2018: €9.08M
2019: €9.84M
2020: €8.05M
2021: €7.83M
2022: €9.54M
2023: €5.84M
2024: €1.39M
2018 → 2025
EBIT margin
-32.7%▼ 37.7pp
2024 · 5.0%
2018: 11.6%
2019: 7.2%
2020: 2.5%
2021: 9.4%
2022: 14.4%
2023: 7.5%
2024: 5.0%
2018 → 2025
Net result
€-243k
2024 · €108k
2018: €663k
2019: €466k
2020: €77k
2021: €466k
2022: €916k
2023: €340k
2024: €108k
2018 → 2025
Working capital
€3.23M▼ 4.4%
2024 · €3.38M
2018: €1.53M
2019: €1.60M
2020: €1.58M
2021: €2.05M
2022: €2.95M
2023: €3.26M
2024: €3.38M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€7.83M-€9.54M▲ 21.8%€5.84M▼ 38.8%€1.39M▼ 76.2%€933k▼ 32.9%
Equity€2.52M-€3.43M▲ 36.2%€3.76M▲ 9.8%€3.87M▲ 2.7%€3.62M▼ 6.4%
Operating result€738k-€1.37M▲ 86.0%€436k▼ 68.2%€70k▼ 84.0%€-305k
Net result€466k-€916k▲ 96.5%€340k▼ 62.8%€108k▼ 68.2%€-243k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €305k after €70k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.92M
Fixed assets
€388k ▼ 20.5%
Current assets
€3.53M ▼ 2.2%
Equity and liabilities €3.92M
Equity
€3.62M ▼ 6.4%
Debt
€301k ▲ 29.7%
Debt's share of the balance-sheet total rises from 5.7% to 7.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-258k▼
2024 · €140k
Cash flow
€-196k▼
2024 · €179k
Current ratio
11.74▼
2024 · 15.57
Debt to equity
0.08▲
2024 · 0.06
ROE
-6.7%▼
2024 · 2.8%
ROA
-6.2%▼
2024 · 2.6%
Interest coverage
-180.76▼
2024 · 67.76
Debt ≤ 1 year
€301k▲
2024 · €232k
Income taxes
€86▼
2024 · €42k
Staff costs
€475k▲
2024 · €373k
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 · 71 lines
Balance sheet
Code20242025
Assets
Total assets20/58€4.10M€3.92M▼
Fixed assets21/28€487k€388k▼
Intangible fixed assets21€7k€5k▼
Tangible fixed assets22/27€480k€382k▼
Land and buildings22€410k€362k▼
Plant, machinery and equipment23€64k€19k▼
Furniture and vehicles24€6k€1k▼
Financial fixed assets28€152€152=
Other financial fixed assets284/8€152€152=
Amounts receivable and cash guarantees285/8€152€152=
Current assets29/58€3.61M€3.53M▼
Stocks and contracts in progress3€0€0=
Stocks30/36€0-
Goods purchased for resale34€0-
Amounts receivable within one year40/41€694k€426k▼
Trade receivables40€623k€423k▼
Other amounts receivable41€71k€3k▼
Current investments50/53€185€0▼
Other investments51/53€185€0▼
Cash at bank and in hand54/58€2.91M€3.08M▲
Deferred charges and accrued income490/1€6k€25k▲
Equity and liabilities
Total equity and liabilities10/49€4.10M€3.92M▼
Equity10/15€3.87M€3.62M▼
Contributions10/11€100k€100k=
Capital10€100k€100k=
Issued capital100€100k€100k=
Reserves13€10k€10k=
Non-distributable reserves130/1€10k€10k=
Legal reserve130€10k€10k=
Profit (loss) carried forward14€3.70M€3.46M▼
Investment grants15€56k€51k▼
Amounts payable17/49€232k€301k▲
Amounts payable within one year42/48€232k€301k▲
Trade debts44€116k€191k▲
Suppliers440/4€116k€191k▲
Taxes, remuneration and social security45€116k€110k▼
Taxes450/3€70k€48k▼
Remuneration and social security454/9€46k€62k▲
Accrued charges and deferred income492/3€60€0▼
Income statement
Code20242025
Operating income70/76A€1.39M€942k▼
Turnover70€1.39M€933k▼
Other operating income74€4k€3k▼
Non-recurring operating income76A-€7k
Operating charges60/66A€1.32M€1.25M▼
Goods for resale, raw materials and consumables60€210k€24k▼
Purchases600/8€37k€24k▼
Change in stocks: decrease (increase)609€173k€0▼
Services and other goods61€586k€506k▼
Remuneration, social security and pensions62€373k€475k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€70k€47k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€2k
Other operating charges640/8€84k€63k▼
Non-recurring operating charges66A-€131k
Operating profit (loss)9901€70k€-305k▼
Financial income75/76B€85k€67k▼
Recurring financial income75€85k€67k▼
Income from current assets751€80k€61k▼
Other financial income752/9€6k€6k▲
Financial charges65/66B€5k€5k▲
Recurring financial charges65€5k€5k▲
Debt charges650€2k€1k▼
Other financial charges652/9€3k€4k▲
Profit (loss) for the period before taxes9903€150k€-243k▼
Income taxes67/77€42k€86▼
Taxes670/3€42k€86▼
Tax adjustments and reversals of tax provisions77€0-
Profit (loss) for the period9904€108k€-243k▼
Profit (loss) for the period to be appropriated9905€108k€-243k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3.70M€3.46M▼
Profit (loss) brought forward from the previous period14P€3.59M€3.70M▲
Social balance
Average headcount (FTE)90876.05.2▼
The notes to these accounts (79 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-243k ▼324%
Net result drops to €-243k, the lowest in the series.
04-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 4 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 15.57
Current ratio from 7.05 to 15.57; short-term debt falls from €540k to €232k.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Liquidity triplescurrent ratio 7.05
Current ratio from 2.23 to 7.05; short-term debt falls from €2.39M to €540k.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €916k ▲96.5%
Operating result €1.37M, net result €916k, both a record.
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 28 days late
2019
31-12
Financial
Equity above €2MEq €2.08M ▲28.4%
2 profitable years in a row build equity to €2.08M.
Show earlier events
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
16 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, Verviers · 1 establishment unit since 2005
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de Franchimont 34800 VerviersGround area
1.3 ha
Building footprint
2,281 m²
Volume, LiDAR
24,416 m³
Parcel 63036A0016/00P000, Wallonia · tallest building 14.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Rue de la Bureautique 00, 4460 Grâce-Hollogne
since 20052.150.227.803
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63036A0016/00P000 | Wallonia | 1.3 ha | 1 · 2,281 m² | 14.7 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
549300R1L3R1CXUHEW94
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Of 3,464 companies in sector 25530 we hold annual accounts for 1,658. 680 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded16-09-2005
Fiscal year end31-12
Activities, NACEBEL 2025
25530Machining of metals
46831Wholesale of construction materials, general range
52100Warehousing and storage
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.