Skip to content

ELLETTE

Active
Private limited companyfounded 20242 yrs activeLostraat 24, 9000 Gent, BelgiumKBO/BCE: BE 1005.512.193
Summary

The computed 12-month bankruptcy probability of ELLETTE is 2.3% (moderate). The 2024 annual accounts show negative equity (-€80,267) and a net result of -€85,267. Its solvency ranks better than 23% of 1856 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability6
Solvency16
Growth-
Track record67
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.04; short-term debt: 36.1% of total assets), and equity is negative.
Credit check for your own amount and term

Open the credit simulator : see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
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 2024
Solvency, return and age of the figures
Solvency
-9.5%
Return on assets
-10.1%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Accommodation (NACE 55)
about 6% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-02-2026, 202 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 1 filing
Deviation from the deadline
2024
202 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 202 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 45% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

ELLETTE was incorporated on 1 February 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Equity
-€80,267
Total assets
€847,028
Net result
-€85,267
Working capital
-€293,572

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €847,028
Fixed assets €834,475
Current assets €12,552
Key figures and ratios
2024 value
EBITDA
-€45,481
Cash flow
-€64,349
Solvency
-9.5%
Current ratio
0.04
Debt to equity
-11.55
ROA
-10.1%
Interest coverage
-2.41
Debt
€927,295
Debt ≤ 1 year
€306,124
Debt > 1 year
€621,171

Peer companies

Historical observation

Of the 490 companies that looked in July 2024 the way this one looks now, 6.1% went bankrupt within 24 months and 89% are still going.

  • Small
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
6.1% went bankrupt
3.5% stopped otherwise
89% still going

A further 1.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 490 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 35 lines
Balance sheet Code2024
Assets
Total assets20/58€847,028
Fixed assets21/28€834,475
Tangible fixed assets22/27€834,475
Land and buildings22€784,771
Plant, machinery and equipment23€5,577
Furniture and vehicles24€44,127
Current assets29/58€12,552
Amounts receivable within one year40/41€6,286
Other amounts receivable41€6,286
Current investments50/53€554
Deferred charges and accrued income490/1€5,712
Equity and liabilities
Total equity and liabilities10/49€847,028
Equity10/15-€80,267
Contributions10/11€5,000
Profit (loss) carried forward14-€85,267
Amounts payable17/49€927,295
Amounts payable after more than one year17€621,171
Financial debts170/4€621,171
Amounts payable within one year42/48€306,124
Financial debts43€33,829
Credit institutions430/8€33,829
Trade debts44€42,610
Suppliers440/4€42,610
Advances received on contracts in progress46€6,054
Other amounts payable47/48€223,631
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20,918
Other operating charges640/8€1,999
Gross operating margin9900-€43,482
Operating profit (loss)9901-€66,399
Financial charges65/66B€18,868
Recurring financial charges65€18,868
Profit (loss) for the period before taxes9903-€85,267
Profit (loss) for the period9904-€85,267
Profit (loss) for the period to be appropriated9905-€85,267
Appropriation of the result
Profit (loss) to be appropriated9906-€85,267

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20,918
Other operating charges640/8€1,999
Gross operating margin9900-€43,482
Operating profit (loss)9901-€66,399
Financial charges65/66B€18,868
Recurring financial charges65€18,868
Profit (loss) for the period before taxes9903-€85,267
Profit (loss) for the period9904-€85,267
Profit (loss) for the period to be appropriated9905-€85,267
Line2024
Assets
Total assets20/58€847,028
Fixed assets21/28€834,475
Tangible fixed assets22/27€834,475
Land and buildings22€784,771
Plant, machinery and equipment23€5,577
Furniture and vehicles24€44,127
Current assets29/58€12,552
Amounts receivable within one year40/41€6,286
Other amounts receivable41€6,286
Current investments50/53€554
Deferred charges and accrued income490/1€5,712
Equity and liabilities
Total equity and liabilities10/49€847,028
Equity10/15-€80,267
Contributions10/11€5,000
Profit (loss) carried forward14-€85,267
Amounts payable17/49€927,295
Amounts payable after more than one year17€621,171
Financial debts170/4€621,171
Amounts payable within one year42/48€306,124
Financial debts43€33,829
Credit institutions430/8€33,829
Trade debts44€42,610
Suppliers440/4€42,610
Advances received on contracts in progress46€6,054
Other amounts payable47/48€223,631
Line2024
Profit (loss) for the period9904-€85,267
+ Depreciation and write-downs630€20,918
Operating cash flow (approximation)-€64,349

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2026
18-02
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 202 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Gent · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
103 m²
Building footprint
68 m²
Volume, LiDAR
747 m³
Parcel 44809I0716/00L002, Flanders · tallest building 14.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
ELLETTE
Lostraat 24, 9000 GentHotels and similar accommodation
since 20242.361.749.268
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44809I0716/00L002 Flanders 103 m² 1 · 68 m² 14.0 m · 4 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.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 2,393 companies in sector 55100 we hold annual accounts for 1,515. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded01-02-2024
Fiscal year end31-12
Activities, NACEBEL 2025
55100Hotels and similar accommodation
E-invoicing
Reachable via Peppol
Peppol ID 0208:1005512193
Also 9925:BE1005512193
Registered 22-01-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.