Ellipsis
ActiveEllipsis has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €346k and a net result of €32k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 68% of 16932 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
94
/ 100
Excellent▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability46▲+11
Solvency100=
Growth78▲+46
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 2.19 against 2.63 in 2024), and 24.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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
75.6%
Return on assets
7%
Age of the figures
8 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 01-06-2026, 60 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
60 d early
2024
24 d early
2023
29 d early
2022
47 d early
2021
68 d early
2020
38 d early
2019
52 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€346k▲ 2.4%
2024 · €338k
2018: €341k
2019: €365k
2020: €405k
2021: €430k
2022: €431k
2023: €338k
2024: €338k
2018 → 2025
Total assets
€458k▲ 12.4%
2024 · €408k
2018: €540k
2019: €550k
2020: €559k
2021: €504k
2022: €484k
2023: €395k
2024: €408k
2018 → 2025
Net result
€32k▲ 35.2%
2024 · €24k
2018: €32k
2019: €24k
2020: €40k
2021: €26k
2022: €20k
2023: €42k
2024: €24k
2018 → 2025
Working capital
€106k▼ 1.3%
2024 · €108k
2018: €234k
2019: €238k
2020: €244k
2021: €151k
2022: €169k
2023: €91k
2024: €108k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€430k-€431k▲ 0.2%€338k▼ 21.7%€338k▲ 0.1%€346k▲ 2.4%
Operating result€42k-€28k▼ 32.7%€57k▲ 102%€31k▼ 45.0%€49k▲ 57.2%
Net result€26k-€20k▼ 23.6%€42k▲ 113%€24k▼ 43.6%€32k▲ 35.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 57% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €458k
Fixed assets
€263k▲ 12.4%
Current assets
€196k▲ 12.5%
Equity and liabilities €458k
Equity
€346k▲ 2.4%
Debt
€112k▲ 61.1%
The debt ratio rises from 17.1% to 24.4%: debt grows faster than equity.
Key figures and ratios
EBITDA
€67k▲
2024 · €48k
Cash flow
€50k▲
2024 · €40k
Solvency
75.6%▼
2024 · 82.9%
Current ratio
2.19▼
2024 · 2.63
Quick ratio
2.19▼
2024 · 2.63
Debt / equity
0.32▲
2024 · 0.21
ROE
9.2%▲
2024 · 7.0%
ROA
7.0%▲
2024 · 5.8%
Interest coverage
13.48▲
2024 · 10.14
Debt
€112k▲
2024 · €70k
Debt ≤ 1 year
€89k▲
2024 · €66k
Debt > 1 year
€19k
Income taxes
€17k▲
2024 · €11k
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€408k€458k▲
Fixed assets21/28€234k€263k▲
Tangible fixed assets22/27€234k€263k▲
Land and buildings22€219k€214k▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€8k€44k▲
Other tangible fixed assets26€4k€4k▼
Current assets29/58€174k€196k▲
Amounts receivable within one year40/41€15k€8k▼
Trade receivables40€11k€7k▼
Other amounts receivable41€4k€380▼
Current investments50/53€0€120k▲
Cash at bank and in hand54/58€156k€65k▼
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€408k€458k▲
Equity10/15€338k€346k▲
Contributions10/11€100k€100k=
Reserves13€238k€246k▲
Distributable reserves133€238k€246k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€70k€112k▲
Amounts payable after more than one year17-€19k
Financial debts170/4-€19k
Amounts payable within one year42/48€66k€89k▲
Current portion of amounts payable after more than one year42-€10k
Financial debts43€129€13k▲
Credit institutions430/8€129€13k▲
Trade debts44€852€668▼
Suppliers440/4€852€668▼
Taxes, remuneration and social security45€6k€1k▼
Taxes450/3€6k€1k▼
Other amounts payable47/48€59k€65k▲
Accrued charges and deferred income492/3€3k€4k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€18k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€50k€69k▲
Operating profit (loss)9901€31k€49k▲
Financial income75/76B€9k€5k▼
Recurring financial income75€9k€5k▼
Financial charges65/66B€5k€5k▲
Recurring financial charges65€5k€5k▲
Profit (loss) for the period before taxes9903€35k€49k▲
Income taxes67/77€11k€17k▲
Profit (loss) for the period9904€24k€32k▲
Profit (loss) for the period to be appropriated9905€24k€32k▲
Appropriation of the result
Profit (loss) to be appropriated9906€24k€32k▲
Transfer from equity791/2€23k€24k▲
Transfer to equity691/2€24k€32k▲
To other reserves6921€24k€32k▲
Profit to be distributed694/7€23k€24k▲
Return on contributions (dividend)694€23k€24k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €42k ▲113%
Operating result €57k, net result €42k, both a record.
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €20k ▼23.6%
Net result drops to €20k, the lowest in the series; recovery starts the following year.
24-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
09-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Duffel · 1 establishment unit since 1995
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.
Zijpstraat 142570 DuffelGround area
793 m²
Building footprint
160 m²
Volume, LiDAR
862 m³
Parcel 12302C0460/00K000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ELLIPSIS CONSULT
since 19952.070.050.868
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12302C0460/00K000 | Flanders | 792 m² | 1 · 159 m² | 8.2 m · 2 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.
Recognitions · licences · registrations
Legal Entity Identifier
5493006451UH77UKOX05
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DATUS
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PHARECO
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Of 29,884 companies in sector 62200 we hold annual accounts for 18,321. 13,298 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-11-1994
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
72100
46492Wholesale trade
51475
71330
77330Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.ellipsis.be
E-mail:info@ellipsis.be