ELLESIS
ActiveSummary
ELLESIS has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€2.4m) and a net result of -€951,083. Equity is shrinking by ~30.9% per year across the filed fiscal years. Its solvency ranks better than 7% of 539 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-1
Solvency0=
Growth55=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.14 against 0.37 in 2024; short-term debt: 91.2% and cash: 2.6% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 87
Relative position
BE, all sectors
reference
Residential care activities (NACE 87)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-55.6%
Return on assets
-22.3%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€2.4m
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 13-07-2026, 18 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
18 d early
2024
4 d late
2023
20 d early
2022
27 d early
2021
27 d early
2020
44 d early
2019
37 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 24 days before the deadline; the sector median for financial year 2024 is 27 days before the deadline, and 25% of the sector filed late.
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. Usually files around 12 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check Which other companies belong to the same group?PALMYRA BRANDS · 23 companies
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Financials · fiscal year 2025, full schema
Turnover
€2.9m▲ 17.0%
2024 · €2.5m
EBIT margin
-28.0%▼ 10.6pp
2024 · -17.4%
Net result
-€951,083▼ 65.2%
2024 · -€575,637
Working capital
-€3.4m▼ 67.1%
2024 · -€2.0m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 87, Residential care activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€1.4m€1.4m▼ 2.5%€1.6m▲ 18.5%€2.5m▲ 53.3%€2.9m▲ 17.0%
Operating result-€129,301▼ 1,874%-€85,913▲ 33.6%-€59,350▲ 30.9%-€437,820▼ 638%-€823,655▼ 88.1%
Net result-€179,304▼ 288%-€153,064▲ 14.6%-€184,032▼ 20.2%-€575,637▼ 213%-€951,083below the sector's middle half▼ 65.2%
EBIT margin-9.1%-6.2%▲ 2.9pp-3.6%▲ 2.6pp-17.4%▼ 13.8pp-28.0%▼ 10.6pp
Equity-€510,584▼ 54.1%-€663,648▼ 30.0%-€847,680▼ 27.7%-€1.4m▼ 67.9%-€2.4mbelow the sector's middle half▼ 66.8%
Total assets€3.4m▼ 4.9%€3.5m▲ 2.7%€3.2m▼ 8.1%€4.1m▲ 28.1%€4.3mwithin the sector's middle half▲ 2.9%
Debt€3.9m▲ 0.1%€4.2m▲ 6.2%€4.1m▼ 2.5%€5.3m▲ 29.0%€6.3m▲ 20.3%
Working capital-€1.4m▲ 38.7%-€1.5m▼ 4.3%-€1.4m▲ 2.8%-€2.0m▼ 39.0%-€3.4mbelow the sector's middle half▼ 67.1%
Solvency-14.9%▼ 5.7pp-18.8%▼ 4.0pp-26.2%▼ 7.4pp-34.3%▼ 8.1pp-55.6%below the sector's middle half▼ 21.3pp
Current ratio0.17▲ 0.050.12▼ 0.060.17▲ 0.060.37▲ 0.190.14below the sector's middle half▼ 0.23
Return on assets (ROA)-5.2%▼ 3.9pp-4.3%▲ 0.9pp-5.7%▼ 1.3pp-13.9%▼ 8.2pp-22.3%below the sector's middle half▼ 8.4pp
Staff (FTE)23.1=20.9▼ 9.5%21.4▲ 2.4%71.1▲ 232%16.2below the sector's middle half▼ 77.2%
above
within
below
the middle half (P25 to P75) of NACE 87, Residential care activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €823,655 in 2025 against €437,820 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.3m
Fixed assets
€3.7m ▲ 25.1%
Current assets
€534,314 ▼ 54.1%
Key figures and ratios
EBITDA
-€760,334▼
2024 · -€324,082
Cash flow
-€887,762▼
2024 · -€461,900
Quick ratio
0.14▼
2024 · 0.37
Debt to equity
-2.67▲
2024 · -3.70
Interest coverage
-5.95▼
2024 · -2.16
Debt ≤ 1 year
€3.9m▲
2024 · €3.2m
Debt > 1 year
€2.3m▲
2024 · €2.0m
Income taxes
€341▲
2024 · €291
Staff costs
€3.5m▲
2024 · €2.3m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €1.6m | €1.6m | €2.1m | €3.1m | €3.9m | ▲ 25.0% |
| Turnover70 | €1.4m | €1.4m | €1.6m | €2.5m | €2.9m | ▲ 17.0% |
| Other operating income74 | €120,059 | €178,273 | €423,519 | €564,362 | €879,803 | ▲ 55.9% |
| Non-recurring operating income76A | €11,621 | - | €60,419 | €12,825 | €40,509 | ▲ 216% |
| Operating charges60/66A | €1.7m | €1.6m | €2.2m | €3.5m | €4.7m | ▲ 32.8% |
| Goods for resale, raw materials and consumables60 | €149,840 | €114,280 | €129,831 | €200,278 | €246,402 | ▲ 23.0% |
| Purchases600/8 | €149,840 | €114,881 | €129,429 | €201,435 | €247,113 | ▲ 22.7% |
| Change in stocks: decrease (increase)609 | - | -€601 | €403 | -€1,157 | -€711 | ▲ 38.6% |
| Services and other goods61 | €296,461 | €319,178 | €442,220 | €556,665 | €782,558 | ▲ 40.6% |
| Remuneration, social security and pensions62 | €1.1m | €1.1m | €1.5m | €2.3m | €3.5m | ▲ 48.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €142,505 | €104,251 | €105,339 | €113,738 | €63,321 | ▼ 44.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €20,849 | €3,531 | - | -€22,801 | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €300,000 | - | - |
| Other operating charges640/8 | €10,680 | €1,217 | €1,798 | €37,594 | €98,552 | ▲ 162% |
| Non-recurring operating charges66A | €3,904 | €932 | €1,119 | - | €16,414 | - |
| Operating profit (loss)9901 | -€129,301 | -€85,913 | -€59,350 | -€437,820 | -€823,655 | ▼ 88.1% |
| Financial income75/76B | €455 | €1,030 | €20,873 | €13,601 | €2,657 | ▼ 80.5% |
| Recurring financial income75 | €455 | €1,030 | €20,873 | €13,601 | €2,657 | ▼ 80.5% |
| Income from financial fixed assets750 | - | €848 | €20,873 | €13,447 | €2,656 | ▼ 80.2% |
| Other financial income752/9 | €455 | €182 | €0 | €154 | €0 | ▼ 99.7% |
| Financial charges65/66B | €50,457 | €68,181 | €145,555 | €151,128 | €129,743 | ▼ 14.2% |
| Recurring financial charges65 | €50,457 | €68,181 | €145,555 | €151,128 | €129,743 | ▼ 14.2% |
| Debt charges650 | €44,672 | €66,731 | €144,511 | €150,122 | €127,744 | ▼ 14.9% |
| Other financial charges652/9 | €5,785 | €1,450 | €1,044 | €1,006 | €1,999 | ▲ 98.7% |
| Profit (loss) for the period before taxes9903 | -€179,304 | -€153,064 | -€184,032 | -€575,347 | -€950,742 | ▼ 65.2% |
| Income taxes67/77 | - | - | - | €291 | €341 | ▲ 17.4% |
| Taxes670/3 | - | - | - | €291 | €341 | ▲ 17.4% |
| Profit (loss) for the period9904 | -€179,304 | -€153,064 | -€184,032 | -€575,637 | -€951,083 | ▼ 65.2% |
| Profit (loss) for the period to be appropriated9905 | -€179,304 | -€153,064 | -€184,032 | -€575,637 | -€951,083 | ▼ 65.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.4m | €3.5m | €3.2m | €4.1m | €4.3m | ▲ 2.9% |
| Fixed assets21/28 | €3.1m | €3.3m | €2.9m | €3.0m | €3.7m | ▲ 25.1% |
| Intangible fixed assets21 | €333,333 | €233,333 | €133,333 | €110,007 | €75,233 | ▼ 31.6% |
| Tangible fixed assets22/27 | €6,190 | €12,780 | €8,309 | €77,839 | €862,567 | ▲ 1,008% |
| Plant, machinery and equipment23 | - | €9,497 | €8,207 | €70,077 | €264,549 | ▲ 278% |
| Furniture and vehicles24 | €6,190 | €3,283 | €102 | €597 | €566,904 | ▲ 94,841% |
| Other tangible fixed assets26 | - | - | - | €7,165 | €31,114 | ▲ 334% |
| Financial fixed assets28 | €2.8m | €3.1m | €2.8m | €2.8m | €2.8m | = |
| Affiliated companies280/1 | €2.8m | €3.1m | €2.8m | €2.8m | €2.8m | = |
| Participating interests280 | €2.8m | €2.8m | €2.8m | €2.8m | €2.8m | = |
| Amounts receivable281 | - | €286,979 | - | - | - | - |
| Current assets29/58 | €298,519 | €197,160 | €301,383 | €1.2m | €534,314 | ▼ 54.1% |
| Stocks and contracts in progress3 | - | €601 | €199 | €1,421 | €2,132 | ▲ 50.0% |
| Stocks30/36 | - | €601 | €199 | €1,421 | €2,132 | ▲ 50.0% |
| Goods purchased for resale34 | - | €601 | €199 | €1,421 | €2,132 | ▲ 50.0% |
| Amounts receivable within one year40/41 | €148,709 | €145,398 | €151,504 | €907,666 | €403,687 | ▼ 55.5% |
| Trade receivables40 | €132,453 | €112,796 | €132,550 | €312,817 | €257,918 | ▼ 17.5% |
| Other amounts receivable41 | €16,256 | €32,602 | €18,954 | €594,849 | €145,769 | ▼ 75.5% |
| Cash at bank and in hand54/58 | €146,719 | €40,075 | €103,591 | €203,620 | €110,674 | ▼ 45.6% |
| Deferred charges and accrued income490/1 | €3,091 | €11,086 | €46,090 | €51,761 | €17,821 | ▼ 65.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.4m | €3.5m | €3.2m | €4.1m | €4.3m | ▲ 2.9% |
| Equity10/15 | -€510,584 | -€663,648 | -€847,680 | -€1.4m | -€2.4m | ▼ 66.8% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | - | - | - | €18,600 | - |
| Issued capital100 | - | - | - | - | €18,600 | - |
| Profit (loss) carried forward14 | -€529,184 | -€682,248 | -€866,280 | -€1.4m | -€2.4m | ▼ 66.0% |
| Provisions and deferred taxes16 | - | - | - | €300,000 | €300,000 | = |
| Provisions for liabilities and charges160/5 | - | - | - | €300,000 | €300,000 | = |
| Other liabilities and charges164/5 | - | - | - | €300,000 | €300,000 | = |
| Amounts payable17/49 | €3.9m | €4.2m | €4.1m | €5.3m | €6.3m | ▲ 20.3% |
| Amounts payable after more than one year17 | €2.2m | €2.5m | €2.3m | €2.0m | €2.3m | ▲ 15.2% |
| Financial debts170/4 | €2.2m | €2.5m | €2.3m | €2.0m | €1.9m | ▼ 4.1% |
| Credit institutions173 | €1.5m | €1.3m | €1.1m | €973,024 | €796,562 | ▼ 18.1% |
| Other loans174 | €730,000 | €1.1m | €1.1m | €1.0m | €1.1m | ▲ 9.1% |
| Other amounts payable178/9 | - | - | - | - | €387,436 | - |
| Amounts payable within one year42/48 | €1.7m | €1.7m | €1.7m | €3.2m | €3.9m | ▲ 22.6% |
| Current portion of amounts payable after more than one year42 | €283,048 | €285,762 | €170,867 | €173,641 | €176,462 | ▲ 1.6% |
| Financial debts43 | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | = |
| Credit institutions430/8 | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | = |
| Trade debts44 | €53,065 | €66,454 | €99,302 | €136,271 | €497,088 | ▲ 265% |
| Suppliers440/4 | €53,065 | €66,454 | €99,302 | €136,271 | €497,088 | ▲ 265% |
| Taxes, remuneration and social security45 | €188,543 | €131,840 | €277,038 | €1.7m | €2.0m | ▲ 21.3% |
| Taxes450/3 | €14,456 | €24,874 | €11,009 | €401,277 | €526,460 | ▲ 31.2% |
| Remuneration and social security454/9 | €174,087 | €106,966 | €266,029 | €1.3m | €1.5m | ▲ 18.2% |
| Accrued charges and deferred income492/3 | €4,213 | €51,021 | €57,053 | €90,766 | €137,774 | ▲ 51.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€179,304 | -€153,064 | -€184,032 | -€575,637 | -€951,083 | ▼ 65.2% |
| + Depreciation and write-downs630 | €142,505 | €104,251 | €105,339 | €113,738 | €63,321 | ▼ 44.3% |
| Operating cash flow (approximation) | -€36,799 | -€48,813 | -€78,693 | -€461,900 | -€887,762 | ▼ 92.2% |
| Investment in fixed assets (approximation) | - | -€297,821 | €286,112 | -€159,941 | -€813,275 | ▼ 408% |
| Change in cash | - | -€106,644 | €63,515 | €100,029 | -€92,945 | ▼ 193% |
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
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet -€951,083
Net result drops to -€951,083, the lowest in the series.
04-08
NBB filing
Annual accounts filed
fiscal year 2024 · unclassified schema · 4 days late
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · unclassified schema
2023
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · unclassified schema
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · unclassified schema
2021
17-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
01-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Namur · 1 establishment unit since 2026
Ground area
2,052 m²
Parcel 92021C0095/00C000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Résidence La Poteresse
since 20262.392.508.067
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92021C0095/00C000 | Wallonia | 2,052 m² | - | - |
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.
Structure & network
Part of the group
PALMYRA BRANDS
23 companies
Group, risk and exposure
Owners and holdings
1 owner · 1 holdingChain of control
- PALMYRA BRANDS
- ORELIA GROUP
- ORELIA
- ELLESIS
Highest known parent: PALMYRA BRANDS. The sources do not say who stands above it.
Owners 1
- ORELIAparent100%
Holdings 1
-
100%
According to the 2025 annual accounts of ELLESIS and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 322 companies in sector 87101 we hold annual accounts for 235. 165 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded16-09-2016
Fiscal year end31-12
Activities, NACEBEL 2025
87101Residential care activities
Contact
E-invoicing
Reachable via Peppol
Peppol ID
0208:0662685390
Also
9925:BE0662685390
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.