ELLIE'S

Active

Private limited companyfounded 20223 yrs activeMarkt 2, 9500 Geraardsbergen, BelgiumKBO/BCE: BE 0792.239.481

The computed 12-month bankruptcy probability of ELLIE'S is 3.7% (moderate). The 2025 annual accounts show negative equity (€-42k) and a net result of €-43k. Equity is shrinking by ~361.1% per year across the filed fiscal years. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2025

28 / 100

Weak

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability11▼-18

Solvency19▼-6

Growth32=

Track record94

Bankruptcy probability, 12 months

3.7% Moderate

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.01 against 0.03 in 2024; short-term debt: 38.7% and cash: 0% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

No NACE activity registered

No NACE activity is registered in the KBO, which is more common among companies that later fail.

KBO · activities

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 2025

Solvency, return and age of the figures

Solvency

-6%

Return on assets

-6.1%

Age of the figures

9 mo

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

232425

2023 to 2025 · latest year €-42k

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-06-2026, 56 days ahead of the deadline.

NBB · 3 filings

Deviation from the deadline

2025

56 d early

2024

68 d late

2023

5 d early

← before the deadline after the deadline →

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 months

Position in the running window

22-09-2026 today31-12-2026 close31-07-2027 deadline

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

Financials · fiscal year 2025, micro schema

Equity

€-42k

2024 · €958

2023: €7k 2024: €958

2023 → 2025

Total assets

€697k▼ 2.5%

2024 · €715k

2023: €125k 2024: €715k

2023 → 2025

Net result

€-43k▼ 642%

2024 · €-6k

2023: €2k 2024: €-6k

2023 → 2025

Working capital

€-266k▼ 52.2%

2024 · €-175k

2023: €6k 2024: €-175k

2023 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202320242025Trend

Equity€7k-€958▼ 85.7%€-42k

Operating result€4k-€13k▲ 234%€-32k

Net result€2k-€-6k€-43k▼ 642%

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

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2025: a loss of €32k after €13k in 2024, the lowest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €697k

99.5%

Fixed assets €693k▼ 2.3%

Current assets €4k▼ 24.1%

Key figures and ratios

2025 value · change against 2024

EBITDA

€-15k▼

2024 · €25k

Cash flow

€-26k▼

2024 · €6k

Solvency

-6.0%▼

2024 · 0.1%

Current ratio

0.01▼

2024 · 0.03

Quick ratio

0.01▼

2024 · 0.03

Debt / equity

-17.69

ROA

-6.1%▼

2024 · -0.8%

Interest coverage

-1.35▼

2024 · 1.33

Debt

€739k▲

2024 · €714k

Debt ≤ 1 year

€270k▲

2024 · €180k

Debt > 1 year

€469k▼

2024 · €534k

Staff costs

€0▼

2024 · €3k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€715k€697k▼

Fixed assets21/28€710k€693k▼

Tangible fixed assets22/27€710k€693k▼

Land and buildings22€708k€692k▼

Plant, machinery and equipment23€2k€2k▼

Current assets29/58€5k€4k▼

Amounts receivable within one year40/41€2k€4k▲

Trade receivables40€0-

Other amounts receivable41€2k€4k▲

Cash at bank and in hand54/58€3k€0▼

Equity and liabilities

Total equity and liabilities10/49€715k€697k▼

Equity10/15€958€-42k▼

Contributions10/11€5k€5k=

Reserves13€2k€2k=

Distributable reserves133€2k€2k=

Profit (loss) carried forward14€-6k€-48k▼

Amounts payable17/49€714k€739k▲

Amounts payable after more than one year17€534k€469k▼

Financial debts170/4€534k€469k▼

Amounts payable within one year42/48€180k€270k▲

Current portion of amounts payable after more than one year42€22k€26k▲

Trade debts44€5k€19k▲

Suppliers440/4€5k€19k▲

Taxes, remuneration and social security45€3k€1k▼

Taxes450/3€3k€1k▼

Remuneration and social security454/9€0-

Other amounts payable47/48€150k€224k▲

Accrued charges and deferred income492/3€0-

Income statement Code20242025

Remuneration, social security and pensions62€3k€0▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€16k▲

Other operating charges640/8€6k€0▼

Gross operating margin9900€34k€-15k▼

Operating profit (loss)9901€13k€-32k▼

Financial income75/76B€13€0▼

Recurring financial income75€13€0▼

Financial charges65/66B€19k€11k▼

Recurring financial charges65€19k€11k▼

Profit (loss) for the period before taxes9903€-6k€-43k▼

Income taxes67/77€0-

Profit (loss) for the period9904€-6k€-43k▼

Profit (loss) for the period to be appropriated9905€-6k€-43k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-6k€-48k▼

Profit (loss) brought forward from the previous period14P-€-6k

Transfer to equity691/2€0-

To other reserves6921€0-

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 5Financial 1Gazette 1Filings 3

Next filing, fiscal year 2026, expected by 31-07-2027

2026

05-06

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

27-03

State Gazette act Resignations & appointments

General meeting · Director resignation · Director appointment7 facts ▸

General meeting, 12/03/2026
Director resignation, NATHALIE ALFRIEDA BURY (bestuurder)
Director appointment, Robrecht Van Lierde (bestuurder)
Mandate compensation, Robrecht Van Lierde
Director appointment, Niels Pepermans (bestuurder)
Mandate compensation, Niels Pepermans
Power of attorney, BV ACCOUNTANTSKANTOOR HUBERT & PARTNERS

2025

31-12

Financial Weakest financial yearnet €-43k

Net result drops to €-43k, the lowest in the series.

07-10

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 68 days late

2024

26-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

4 directors, no change since 2026

Niels Pepermans

Director · since 12-03-2026

Current

Robrecht Van Lierde

Director · since 12-03-2026

Current

12-03-2026 Niels Pepermans: Appointed as Director

12-03-2026 Robrecht Van Lierde: Appointed as Director

12-03-2026 NATHALIE ALFRIEDA BURY: Resigned as Director

28-10-2024 Elke De Nul: Resigned as Director

Location & real-estate footprint

Registered office, Geraardsbergen · 1 establishment unit since 2022

establishment The establishment unit on the map

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.

Markt 29500 Geraardsbergen

Ground area

178 m²

Building footprint

164 m²

Volume, LiDAR

1,619 m³

Parcel 41018B0404/00E000, Flanders · tallest building 13.2 m, ±4 floors. Linked by address, not a title deed.

1 establishment unit

ELLIE'S

Markt 2, 9500 GeraardsbergenFood and beverage service activities

since 20222.337.350.404

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
41018B0404/00E000	Flanders	178 m²	1 · 164 m²	13.2 m · 4 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.

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded10-10-2022

Fiscal year end31-12

Sources

Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.