ELLCOM
ActiveSummary
The computed 12-month bankruptcy probability of ELLCOM is 2.5% (moderate). The 2025 annual accounts show equity of €30k and a net result of €7k. Equity is growing by ~65.7% per year across the filed fiscal years. Its solvency ranks better than 77% of 27965 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability81▼-19
Solvency97▲+18
Growth78=
Track record94
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 3.54 against 2.18 in 2024; short-term debt: 28.2% and cash: 2.9% of total assets), and 28.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 14-11-2025, 14 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 · 4 filingsDeviation from the deadline
2025
14 d late
2024
1 d early
2023
30 d late
2022
4 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 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€30k▲ 32.2%
2024 · €23k
2022: €-2klowest in 4 years
2023: €11k▲ +799% vs 2022
2024: €23k▲ +105% vs 2023
2025: €30k▲ +32.2% vs 2024highest in 4 years
2022 → 2025
Total assets
€42k▼ 0.1%
2024 · €42k
2022: €3klowest in 4 years
2023: €33k▲ +1198% vs 2022
2024: €42k▲ +27.8% vs 2023highest in 4 years
2025: €42k▼ -0.1% vs 2024
2022 → 2025
Net result
€7k▼ 37.2%
2024 · €12k
2022: €-3klowest in 4 years
2023: €13k▲ +512% vs 2022highest in 4 years
2024: €12k▼ -7.8% vs 2023
2025: €7k▼ -37.2% vs 2024
2022 → 2025
Working capital
€30k▲ 32.2%
2024 · €23k
2022: €-2klowest in 4 years
2023: €11k▲ +799% vs 2022
2024: €23k▲ +105% vs 2023
2025: €30k▲ +32.2% vs 2024highest in 4 years
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€-2k-€11k€23k▲ 105%€30k▲ 32.2%
2022: €-2klowest in 4 years
2023: €11k▲ +799% vs 2022
2024: €23k▲ +105% vs 2023
2025: €30k▲ +32.2% vs 2024highest in 4 years
Operating result€-3k-€18k€17k▼ 3.2%€7k▼ 58.6%
2022: €-3klowest in 4 years
2023: €18k▲ +669% vs 2022highest in 4 years
2024: €17k▼ -3.2% vs 2023
2025: €7k▼ -58.6% vs 2024
Net result€-3k-€13k€12k▼ 7.8%€7k▼ 37.2%
2022: €-3klowest in 4 years
2023: €13k▲ +512% vs 2022highest in 4 years
2024: €12k▼ -7.8% vs 2023
2025: €7k▼ -37.2% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 59% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €42k
Equity
€30k ▲ 32.2%
Debt
€12k ▼ 38.5%
Debt's share of the balance-sheet total falls from 45.8% to 28.2%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
3.54▲
2024 · 2.18
Quick ratio
3.46▲
2024 · 2.13
Debt to equity
0.39▼
2024 · 0.84
ROE
24.4%▼
2024 · 51.3%
ROA
17.5%▼
2024 · 27.8%
Debt ≤ 1 year
€12k▼
2024 · €19k
Income taxes
€3k▼
2024 · €5k
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 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€42k€42k▼
Current assets29/58€42k€42k▼
Stocks and contracts in progress3€1k€1k=
Stocks30/36€1k€1k=
Amounts receivable within one year40/41€20k€40k▲
Trade receivables40€16k€20k▲
Other amounts receivable41€4k€20k▲
Cash at bank and in hand54/58€21k€1k▼
Equity and liabilities
Total equity and liabilities10/49€42k€42k▼
Equity10/15€23k€30k▲
Contributions10/11€2k€2k=
Reserves13€24k€29k▲
Distributable reserves133€24k€29k▲
Profit (loss) carried forward14€-3k-
Amounts payable17/49€19k€12k▼
Amounts payable within one year42/48€19k€12k▼
Trade debts44€9k€3k▼
Suppliers440/4€9k€3k▼
Taxes, remuneration and social security45€6k€9k▲
Taxes450/3€6k€9k▲
Other amounts payable47/48€4k-
Income statement
Code20242025
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€5k
Other operating charges640/8€943€261▼
Gross operating margin9900€18k€12k▼
Operating profit (loss)9901€17k€7k▼
Financial income75/76B€638€3k▲
Recurring financial income75€638€3k▲
Financial charges65/66B€860€143▼
Recurring financial charges65€860€143▼
Profit (loss) for the period before taxes9903€17k€10k▼
Income taxes67/77€5k€3k▼
Profit (loss) for the period9904€12k€7k▼
Profit (loss) for the period to be appropriated9905€12k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€9k€4k▼
Profit (loss) brought forward from the previous period14P€-3k€-3k▲
Transfer to equity691/2€12k€4k▼
To other reserves6921€12k€4k▼
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €5k | - |
| Other operating charges640/8 | - | - | €943 | €261 | ▼ 72.3% |
| Gross operating margin9900 | €-3k | €18k | €18k | €12k | ▼ 34.1% |
| Operating profit (loss)9901 | €-3k | €18k | €17k | €7k | ▼ 58.6% |
| Financial income75/76B | - | - | €638 | €3k | ▲ 378% |
| Recurring financial income75 | - | - | €638 | €3k | ▲ 378% |
| Financial charges65/66B | - | €303 | €860 | €143 | ▼ 83.3% |
| Recurring financial charges65 | - | €303 | €860 | €143 | ▼ 83.3% |
| Profit (loss) for the period before taxes9903 | €-3k | €17k | €17k | €10k | ▼ 40.8% |
| Income taxes67/77 | - | €5k | €5k | €3k | ▼ 49.2% |
| Profit (loss) for the period9904 | €-3k | €13k | €12k | €7k | ▼ 37.2% |
| Profit (loss) for the period to be appropriated9905 | €-3k | €13k | €12k | €7k | ▼ 37.2% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €3k | €33k | €42k | €42k | ▼ 0.1% |
| Current assets29/58 | €3k | €33k | €42k | €42k | ▼ 0.1% |
| Stocks and contracts in progress3 | €1k | €1k | €1k | €1k | = |
| Stocks30/36 | €1k | €1k | €1k | €1k | = |
| Amounts receivable within one year40/41 | - | €21k | €20k | €40k | ▲ 101% |
| Trade receivables40 | - | €21k | €16k | €20k | ▲ 25.6% |
| Other amounts receivable41 | - | €77 | €4k | €20k | ▲ 403% |
| Cash at bank and in hand54/58 | €2k | €11k | €21k | €1k | ▼ 94.4% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €3k | €33k | €42k | €42k | ▼ 0.1% |
| Equity10/15 | €-2k | €11k | €23k | €30k | ▲ 32.2% |
| Contributions10/11 | €2k | €2k | €2k | €2k | = |
| Reserves13 | - | €13k | €24k | €29k | ▲ 17.9% |
| Distributable reserves133 | - | €13k | €24k | €29k | ▲ 17.9% |
| Profit (loss) carried forward14 | €-3k | €-3k | €-3k | - | - |
| Amounts payable17/49 | €4k | €22k | €19k | €12k | ▼ 38.5% |
| Amounts payable within one year42/48 | €4k | €22k | €19k | €12k | ▼ 38.5% |
| Trade debts44 | €4k | €11k | €9k | €3k | ▼ 64.7% |
| Suppliers440/4 | €4k | €11k | €9k | €3k | ▼ 64.7% |
| Taxes, remuneration and social security45 | - | €8k | €6k | €9k | ▲ 43.8% |
| Taxes450/3 | - | €5k | €6k | €9k | ▲ 43.8% |
| Remuneration and social security454/9 | - | €3k | - | - | - |
| Other amounts payable47/48 | - | €3k | €4k | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-3k | €13k | €12k | €7k | ▼ 37.2% |
| Operating cash flow (approximation) | €-3k | €13k | €12k | €7k | ▼ 37.2% |
| Change in cash | - | €10k | €10k | €-20k | ▼ 299% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
14-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 14 days late
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
30-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
31-03
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
31-03
Financial
Liquidity doublescurrent ratio 1.51
Current ratio from 0.61 to 1.51.
2022
04-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 4 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Schoten · 1 establishment unit since 2022
Ground area
271 m²
Building footprint
203 m²
Volume, LiDAR
1,485 m³
Parcel 11442C0167/00B002, Flanders · tallest building 13.3 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
ELLCOM
since 20222.329.927.033
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11442C0167/00B002 | Flanders | 271 m² | 1 · 203 m² | 13.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 1,769 EUR awarded · 1,769 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 1,769 EUR | 1,769 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 22,815 companies in sector 43211 we hold annual accounts for 10,325. 7,974 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded16-03-2022
Fiscal year end31-03
Activities, NACEBEL 2025
43211General electrical installation work
27320Manufacture of electrical equipment
43212Electrical installation work in industrial facilities
43320Joinery installation
64210Activities of holding companies
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.