ELLIA
ActiveSummary
ELLIA has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €53,052 and a net result of €8,801. Equity is growing by ~16.9% per year across the filed fiscal years. Its solvency ranks better than 65% of 2315 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability81▼-3
Solvency85▼-5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity short (current ratio 0.76 against 0.6 in 2024; short-term debt: 26.6% and cash: 4.3% of total assets), and 39.8% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
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 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← 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
60.2%
Return on assets
10%
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
29 d early
2023
30 d early
2022
33 d early
2021
29 d late
2020
30 d late
2019
28 d late
← 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 5 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% 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 2 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 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 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 What other support did companies like this one receive, and it did not?Public money How does this company compare with its sector?Sector benchmark
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€53,052▼ 1.0%
2024 · €53,611
Total assets
€88,183▲ 6.8%
2024 · €82,567
Net result
€8,801▼ 13.9%
2024 · €10,220
Working capital
-€5,700▲ 40.1%
2024 · -€9,513
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€5,637▼ 62.0%-€3,734€23,449€15,614▼ 33.4%€14,274▼ 8.6%
Net result€5,849within the sector's middle half▼ 43.9%-€5,036below the sector's middle half€15,998within the sector's middle half€10,220within the sector's middle half▼ 36.1%€8,801within the sector's middle half▼ 13.9%
Equity€35,428within the sector's middle half▲ 14.0%€30,393within the sector's middle half▼ 14.2%€44,891within the sector's middle half▲ 47.7%€53,611below the sector's middle half▲ 19.4%€53,052within the sector's middle half▼ 1.0%
Total assets€86,799within the sector's middle half▲ 33.3%€69,711within the sector's middle half▼ 19.7%€82,323within the sector's middle half▲ 18.1%€82,567below the sector's middle half▲ 0.3%€88,183below the sector's middle half▲ 6.8%
Debt€51,370▲ 50.8%€39,318▼ 23.5%€37,433▼ 4.8%€28,956▼ 22.6%€35,131▲ 21.3%
Working capital€2,070within the sector's middle half▼ 78.8%-€5,145within the sector's middle half€10,779within the sector's middle half-€9,513within the sector's middle half-€5,700within the sector's middle half▲ 40.1%
Solvency40.8%within the sector's middle half▼ 6.9pp43.6%within the sector's middle half▲ 2.8pp54.5%within the sector's middle half▲ 10.9pp64.9%within the sector's middle half▲ 10.4pp60.2%within the sector's middle half▼ 4.8pp
Current ratio1.14within the sector's middle half▼ 0.600.63below the sector's middle half▼ 0.521.49within the sector's middle half▲ 0.870.60below the sector's middle half▼ 0.900.76within the sector's middle half▲ 0.16
Return on assets (ROA)6.7%within the sector's middle half▼ 9.3pp-7.2%below the sector's middle half▼ 14.0pp19.4%within the sector's middle half▲ 26.7pp12.4%within the sector's middle half▼ 7.1pp10.0%within the sector's middle half▼ 2.4pp
Staff (FTE)0.5▲ 25.0%0.5=0.3▼ 40.0%0.3within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or 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 9% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €88,183
Fixed assets
€70,469 ▲ 2.8%
Current assets
€17,715 ▲ 26.5%
Equity and liabilities €88,183
Equity
€53,052 ▼ 1.0%
Debt
€35,131 ▲ 21.3%
Debt's share of the balance-sheet total rises from 35.1% to 39.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€30,745▼
2024 · €30,921
Cash flow
€25,273▼
2024 · €25,527
Debt to equity
0.66▲
2024 · 0.54
ROE
16.6%▼
2024 · 19.1%
Interest coverage
77.21▲
2024 · 76.00
Debt ≤ 1 year
€23,415▼
2024 · €23,514
Debt > 1 year
€11,216▲
2024 · €5,442
Income taxes
€5,156▲
2024 · €5,012
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 34,696 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €4,851 | €7,178 | €8,389 | €5,859 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,227 | €16,565 | €10,952 | €15,307 | €16,472 | ▲ 7.6% |
| Other operating charges640/8 | €2,759 | €1,085 | €1,599 | €785 | €1,148 | ▲ 46.2% |
| Non-recurring operating charges66A | - | - | - | - | €263 | - |
| Gross operating margin9900 | €27,474 | €21,095 | €44,389 | €37,565 | €32,157 | ▼ 14.4% |
| Operating profit (loss)9901 | €5,637 | -€3,734 | €23,449 | €15,614 | €14,274 | ▼ 8.6% |
| Financial income75/76B | €4,001 | €0 | €1,668 | €25 | €82 | ▲ 226% |
| Recurring financial income75 | €1 | €0 | €95 | €25 | €82 | ▲ 226% |
| Non-recurring financial income76B | €4,000 | - | €1,574 | - | - | - |
| Financial charges65/66B | €657 | €603 | €482 | €407 | €398 | ▼ 2.1% |
| Recurring financial charges65 | €657 | €603 | €482 | €407 | €398 | ▼ 2.1% |
| Profit (loss) for the period before taxes9903 | €8,981 | -€4,337 | €24,636 | €15,232 | €13,957 | ▼ 8.4% |
| Income taxes67/77 | €3,132 | €699 | €8,638 | €5,012 | €5,156 | ▲ 2.9% |
| Profit (loss) for the period9904 | €5,849 | -€5,036 | €15,998 | €10,220 | €8,801 | ▼ 13.9% |
| Profit (loss) for the period to be appropriated9905 | €5,849 | -€5,036 | €15,998 | €10,220 | €8,801 | ▼ 13.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €86,799 | €69,711 | €82,323 | €82,567 | €88,183 | ▲ 6.8% |
| Fixed assets21/28 | €70,034 | €61,136 | €49,694 | €68,566 | €70,469 | ▲ 2.8% |
| Tangible fixed assets22/27 | €69,645 | €60,746 | €49,068 | €65,440 | €67,969 | ▲ 3.9% |
| Plant, machinery and equipment23 | €32,204 | €27,859 | €21,288 | €43,805 | €8,623 | ▼ 80.3% |
| Furniture and vehicles24 | €37,441 | €32,887 | €27,781 | €21,636 | €30,200 | ▲ 39.6% |
| Other tangible fixed assets26 | - | - | - | - | €29,146 | - |
| Financial fixed assets28 | €389 | €389 | €625 | €3,125 | €2,500 | ▼ 20.0% |
| Current assets29/58 | €16,765 | €8,575 | €32,630 | €14,001 | €17,715 | ▲ 26.5% |
| Amounts receivable within one year40/41 | €717 | €688 | €3 | €3,679 | €4,254 | ▲ 15.6% |
| Trade receivables40 | - | - | - | €3,300 | €3,550 | ▲ 7.6% |
| Other amounts receivable41 | €717 | €688 | €3 | €379 | €704 | ▲ 85.8% |
| Cash at bank and in hand54/58 | €9,727 | €1,188 | €23,986 | €1,574 | €3,796 | ▲ 141% |
| Deferred charges and accrued income490/1 | €6,321 | €6,699 | €8,641 | €8,748 | €9,664 | ▲ 10.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €86,799 | €69,711 | €82,323 | €82,567 | €88,183 | ▲ 6.8% |
| Equity10/15 | €35,428 | €30,393 | €44,891 | €53,611 | €53,052 | ▼ 1.0% |
| Contributions10/11 | €12,480 | €12,480 | €12,480 | €12,480 | €12,480 | = |
| Reserves13 | €22,948 | €22,948 | €32,411 | €41,131 | €40,572 | ▼ 1.4% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | €21,088 | €21,088 | €32,411 | €41,131 | €40,572 | ▼ 1.4% |
| Profit (loss) carried forward14 | - | -€5,036 | - | - | - | - |
| Amounts payable17/49 | €51,370 | €39,318 | €37,433 | €28,956 | €35,131 | ▲ 21.3% |
| Amounts payable after more than one year17 | €35,491 | €25,598 | €15,582 | €5,442 | €11,216 | ▲ 106% |
| Financial debts170/4 | €35,491 | €25,598 | €15,582 | €5,442 | €11,216 | ▲ 106% |
| Amounts payable within one year42/48 | €14,694 | €13,720 | €21,850 | €23,514 | €23,415 | ▼ 0.4% |
| Current portion of amounts payable after more than one year42 | €9,771 | €9,893 | €10,016 | €13,083 | €10,955 | ▼ 16.3% |
| Trade debts44 | €295 | - | €1,501 | - | €843 | - |
| Suppliers440/4 | €295 | - | €1,501 | - | €843 | - |
| Taxes, remuneration and social security45 | €3,128 | €3,827 | €8,610 | €7,004 | €102 | ▼ 98.6% |
| Taxes450/3 | €3,128 | €3,827 | €8,610 | €7,004 | €102 | ▼ 98.6% |
| Other amounts payable47/48 | €1,500 | - | €1,724 | €3,426 | €11,516 | ▲ 236% |
| Accrued charges and deferred income492/3 | €1,185 | - | - | - | €500 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,849 | -€5,036 | €15,998 | €10,220 | €8,801 | ▼ 13.9% |
| + Depreciation and write-downs630 | €14,227 | €16,565 | €10,952 | €15,307 | €16,472 | ▲ 7.6% |
| Operating cash flow (approximation) | €20,077 | €11,530 | €26,950 | €25,527 | €25,273 | ▼ 1.0% |
| Investment in fixed assets (approximation) | - | -€7,667 | €490 | -€34,178 | -€18,375 | ▲ 46.2% |
| Change in cash | - | -€8,539 | €22,798 | -€22,412 | €2,222 | ▲ 110% |
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
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €15,998
Net result €15,998 after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 1.49
Current ratio from 0.63 to 1.49.
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€5,036
Net result drops to -€5,036, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
03-04
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has 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
5 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, Kortrijk · 2 establishment units since 2010
Ground area
376 m²
Building footprint
225 m²
Volume, LiDAR
3,156 m³
2 parcels, Flanders · tallest building 27.5 m, ±9 floors. Linked by address, not a title deed.
2 establishment units
Gentsesteenweg(Kor) 53, 8500 Kortrijk
since 20102.194.349.638
Van den Nestlei 26, 2018 Antwerpen
since 20242.365.233.350
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34353B0035/00E031 | Flanders | 284 m² | 1 · 144 m² | 13.0 m · 2 fl. |
| 11806F1219/00N009 | Flanders | 92 m² | 1 · 81 m² | 27.5 m · 9 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
100%
According to the 2025 annual accounts of ELLIA 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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 195 EUR awarded · 195 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 195 EUR | 195 EUR |
Similar companies · same sector, comparable size
S.F.V. IMMO
BE 0882.666.742
Jette · Eq €53,089
VOLINCO
BE 1014.132.525
Waregem · Eq €53,105
ANTIBE
BE 0769.788.931
Roeselare · Eq €53,133
IMMOCAP
BE 0418.936.862
Oosterzele · Eq €52,918
DAPHOR
BE 1026.018.092
Oostkamp · Eq €53,197
Of 11,218 companies in sector 82100 we hold annual accounts for 3,517. 2,545 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
Founded17-12-2010
Fiscal year end31-12
Activities, NACEBEL 2025
66220Insurance agents and brokers
82100Office administrative and support services
46160Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
74301Translation services
74991Agents and managers of artists, athletes and other public figures
78100Employment placement agencies
85599Other education
E-invoicing
Reachable via Peppol
Peppol ID
0208:0832007008
Also
9925:BE0832007008
Registered
09-04-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.