Summary
ELLASSUR is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €10k and a net result of €9k. Its solvency ranks better than 63% of 2435 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
Founded in 2024, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
31 d late
2024
61 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, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€10k▲ 669%
2024 · €1k
2024: €1k
2024 → 2025
Net result
€9k
2024 · €-1k
2024: €-1k
2024 → 2025
Total assets
€15k▲ 398%
2024 · €3k
2024: €3k
2024 → 2025
Solvency
64.8%▲ 22.8pp
2024 · 42.0%
2024: 42.0%
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€1k-€10k▲ 669%
Operating result€-459-€13k
Net result€-1k-€9k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €13k after a loss of €459 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €15k
Equity
€10k ▲ 669%
Debt
€5k ▲ 202%
Debt's share of the balance-sheet total falls from 58.0% to 35.2%. Equity and debt are higher.
Key figures and ratios
ROE
87.0%
ROA
56.4%
Debt ≤ 1 year
€5k▲
2024 · €2k
Income taxes
€4k▲
2024 · €730
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 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3k€15k▲
Fixed assets21/28€943-
Intangible fixed assets21€0-
Tangible fixed assets22/27€943-
Furniture and vehicles24€943-
Current assets29/58€2k€15k▲
Amounts receivable within one year40/41-€4k
Other amounts receivable41-€4k
Cash at bank and in hand54/58€509€6k▲
Deferred charges and accrued income490/1€2k€5k▲
Equity and liabilities
Total equity and liabilities10/49€3k€15k▲
Equity10/15€1k€10k▲
Contributions10/11€3k€3k=
Reserves13-€8k
Distributable reserves133-€8k
Profit (loss) carried forward14€-1k-
Amounts payable17/49€2k€5k▲
Amounts payable within one year42/48€2k€5k▲
Trade debts44-€409
Suppliers440/4-€409
Taxes, remuneration and social security45€730€5k▲
Taxes450/3€730€5k▲
Other amounts payable47/48€1k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€308€0▼
Other operating charges640/8€387€544▲
Non-recurring operating charges66A-€943
Gross operating margin9900€236€15k▲
Operating profit (loss)9901€-459€13k▲
Financial charges65/66B€5-
Recurring financial charges65€5-
Profit (loss) for the period before taxes9903€-464€13k▲
Income taxes67/77€730€4k▲
Profit (loss) for the period9904€-1k€9k▲
Profit (loss) for the period to be appropriated9905€-1k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1k€8k▲
Profit (loss) brought forward from the previous period14P-€-1k
Transfer to equity691/2-€8k
To other reserves6921-€8k
The notes to these accounts (6 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 2.84
Current ratio from 1.20 to 2.84.
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Deinze · 1 establishment unit since 2024
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.
Udale 89850 DeinzeGround area
5,592 m²
Building footprint
130 m²
Volume, LiDAR
657 m³
Parcel 44049D0075/00D000, Flanders · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Udale 8, 9850 Deinze
since 20242.354.586.512
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44049D0075/00D000 | Flanders | 5,592 m² | 1 · 130 m² | 6.7 m · 2 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.
Similar companies · same sector, comparable size
VSD & Co Management
BE 0785.484.719
Brasschaat · Eq €10,000
AML ASSUR
BE 0726.469.127
Rixensart · Eq €9,999
Bureau d'assurances Henrot-Masy
BE 0755.465.395
Ham-sur-Heure-Nalinnes · Eq €9,985
AFIMACO
BE 0879.567.888
Overijse · Eq €10,118
PARCIALFINANCE
BE 0649.611.572
Etterbeek · Eq €10,150
Of 4,683 companies in sector 66220 we hold annual accounts for 3,228. 1,014 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 formPrivate limited company
Founded11-01-2024
Fiscal year end31-12
Activities, NACEBEL 2025
66220Insurance agents and brokers
64210Activities of holding companies
66199Other activities auxiliary to financial services, excluding insurance and pension funding
69209Other tax advisory services
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.