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ELLPHI DEVELOPMENT

Active Private limited companyfounded 2004active for 22 yearsPollareveld 15, 1861 MeiseKBO/BCE: BE 0865.248.908

Overview

Lifetime

19 annual accounts with figures on one time axis, 21 filings since 2005
peak €48,164 (2022)
€18,118▲ 166%
lowest -€61,404 (2013)
€14,969▲ 142%
peak €47,496 (2025)
€47,496▲ 46.0%
€25,482▲ 888%
peak 1 FTE (2013)
-not published
Board1 name since 2013
1 director
Documentsfilings and deeds
28-01-20263 days before the deadline
2025micro format
Gross margin from €6,820 to €18,118Result from €6,188 to €14,969Equity from €32,527 to €47,496Debts from €2,578 to €25,482

Key points

from the 2025 annual accounts

Equity

€47,496 ▲ 46.0%

ELLPHI DEVELOPMENT has made a profit without a break since 2016.

Liquidity

2.86 was 13.62 in 2024

Short-term debts rose from €2,578 to €25,482.

Filings

21 annual accounts since 2005
deadline20052010201520202025

The 2017 accounts came 1 day late. The other nine of the last ten were filed on time.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 31,386 companies had the same profile as ELLPHI DEVELOPMENT has now. Each dot stands for 79 companies, two years later.

93.4%
were still trading
6.0%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 31,386 companies, not a prediction for ELLPHI DEVELOPMENT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 24-06-2013
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0865248908
Change of role: , from manager to director Director discharge: · General meeting of 29-12-2023 · Gazette deed
Registered office moved from Wavre to Meise New registered office: Pollareveld 15, 1861 Meise (Wolvertem) · Previous registered office: Rue de Genval 20, 1301 Wavre (Bierges) · General meeting of 23-12-2023 · Gazette deed
Incorporation published on 25-05-2004 · Gazette deed
All 32 events

Comparable companies

same main activity, similar in size and age
Company
ELLPHI DEVELOPMENT Meise €72,978 €18,118 65.1% -
ENNAHDA Opwijk €134,332 €18,971 1.4% -
MARBEL SAUZEN & SALADES Antwerp €100,213 €18,255 13.9% -
NUTRI-SPORT Wommelgem €52,279 €23,418 90.6% -
Bouillon Herkules Ghent €74,058 €11,697 -2.1% -
NATUUR Beringen €90,487 €18,396 -15.9% -
EMILE Fernelmont €42,609 €17,907 5.4% -

These companies have the same main activity as ELLPHI DEVELOPMENT: wholesale of other food products (NACE 46389). They are comparable in size and age: total assets between €42,600 and €134,000, founded between 2002 and 2009.

Official details

Source: KBO
Status
Active since 11-05-2004Normal situation
Activity
Wholesale of other food productsNACE 46389
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 30-06-2024
Establishment unit
2.137.408.2621861 Meise, since 11-05-2004
Financial year end
30 June
Peppol
Reachable since 05-01-2026
Company details

Annual accounts to 30-06-2025

€18,118▲ 166%
≈ €300,000estimated
€14,969▲ 142%
€47,496▲ 46.0%
€72,978▲ 108%
Filing
Filed on 28-01-2026, 3 days before the end of the filing period
Financials

Insights on ELLPHI DEVELOPMENT

ELLPHI DEVELOPMENT files the micro format. That format states no turnover. The gross margin fell from €29,176 in 2007 to €18,118 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 28-01-2026, 3 days before the deadline
€18,118
▲ 166%
€17,635
▲ 179%
-
-
65.1%
▼ 27.6 percentage points
2.86
▼ 10.75

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €300,000. Estimated: probably between €140,000 and €490,000.

Money flows

no detail for 2025

Balance sheet

balance sheet total €72,978 on 30-06-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

65.1%

Higher than 70% of 15,428 companies in 2025.

2.86

Higher than 69% of 14,692 companies in 2025.

20.5%

Higher than 84% of 14,921 companies in 2025.

ELLPHI DEVELOPMENT Middle half of the sector 80% of the sector Micro accounts in wholesale trade (NACE 46)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Staff

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020201920182017201620152014201320129 months20112010200920082007
Balance sheet: assets
20/58 72,97835,10528,73833,78221,18617,11927,02624,81138,96446,03653,86570,42689,429136,688258,592279,746287,558295,697305,427
20 ----------------2329626,998
21/28 --0221---3,71415,46328,87042,27856,31370,34866,964258,592269,973281,377293,031304,686
21 -------3,71415,46328,87042,27855,68569,09366,964-----
22/27 ---------006281,256-258,592269,973281,354292,735277,688
22 --------------258,592269,973281,354292,735277,688
24 ---------006281,256------
28 --0221---------------
29/58 72,97835,10528,73833,56121,18617,11927,02621,09823,50117,16611,58714,11319,08169,724-9,7736,1812,666741
40/41 55,67310,78510,63431,07513,2377,53120,37111,15813,11111,8989,1289,66817,72934,846-----
40 55,2969,80010,63431,07513,2377,53120,37111,15812,9018,1912,3603,25111,646------
41 377985------2103,7076,7686,4176,08334,846-----
54/58 17,30524,00318,1042,2947,9499,5886,6559,94010,3905,2672,4594,4451,17734,878---125-
490/1 03170192-------0175--9,7736,1812,541741
Balance sheet: equity and liabilities
10/49 72,97835,10528,73833,78221,18617,11927,02624,81138,96446,03653,86570,42689,429136,688258,592279,746287,558295,697305,427
10/15 47,49632,52726,33916,6798,939-9,275-26,436-39,085-45,473-50,667-55,661-49,361-23,77637,62818,08022,09918,55125,70521,931
10/11 25,00025,00025,00025,00025,00025,00025,00025,00025,00025,00025,00025,00025,00025,00025,00025,00025,00025,00025,000
100 -----25,00025,00025,00025,00025,00025,00025,00025,00025,00025,00025,00025,00025,00025,000
13 15,70070070070070070070070070070070070070070070707070-
130/1 -0700700700--------------
130 -----70070070070070070070070070070707070-
1311 -0700700700--------------
133 15,700700-----------------
14 6,7966,827639-9,022-16,761-34,975-52,136-64,785-71,173-76,367-81,361-75,061-49,47611,928-6,990-2,971-6,519635-3,069
16 --------------11,00011,00012,0003,500-
160/5 --------------11,00011,00012,0003,500-
17/49 25,4822,5782,39917,10412,24726,39453,46263,89684,43796,703109,526119,787113,20599,059229,512246,647257,007266,492283,496
17 --------------163,302181,218198,116213,949229,861
170/4 --------------163,302181,218198,116213,949229,861
42/48 25,4822,5782,39917,10412,24726,39453,46263,89684,43796,703109,526119,787112,98699,05966,21059,64455,17652,54349,282
42 --------------21,96119,57716,54315,91215,102
43 -----------017-249----
430/8 -----------017-249----
44 9,1902,5781,0464,1317117113003365,05470372621,44424,58894,3594,0504,6573,2231,5591,781
440/4 9,1902,5781,0464,1317117113003365,05470372621,44424,58894,3594,0504,6573,2231,5591,781
45 11,29301,35312,9731,5366843,1621,5613820002,7414,700-----
450/3 11,29301,3535,4641,5366843,1621,561382000-4,700-----
454/9 --07,509-------02,741------
47/48 5,000--010,00025,00050,00062,00079,00096,000108,80098,34485,640-39,95035,41035,41035,07232,399
492/3 -----------0219--5,7853,715-4,353
Income statement
70 ----------8,945------39,00030,000
76A ---------3334,489-091,4081,968----
9900 18,1186,82011,42148,16418,60417,53216,73018,50620,07118,4173,9747,709-7,855-42,21117,83126,42627,42134,29529,176
60/61 ----------4,971------4,7052,293
62 -01,28839,955-------18,71938,859------
630 ------3,71411,74913,40713,40714,03514,03514,0358,03611,38111,40411,65411,65411,654
631/4 ----0-1,210--1,000----------
635/8 --------------11,000--1,0008,5003,500-
640/8 4835014284283481,558348348348348348437892,6201,2091,4941,2731,2091,182
66A ---------1355--------
9901 17,6356,3199,7057,78218,25617,18412,6696,4095,3164,662-10,408-25,482-60,838-41,8665,24114,5285,99417,93216,340
75/76B ----------01326704----
75 ----------01326704----
65/66B 39131454242232121122-2610482725,96311,23210,98013,14814,15815,987
65 39131454242232121122-2610482725,96311,23210,98013,14814,15815,987
66B 0------------------
9903 17,5966,1889,6607,74018,21417,16112,6486,3885,1944,994-6,300-25,585-61,63324,248-4,0193,548-7,1543,774353
67/77 2,627---------00-2294,700-----
9904 14,9696,1889,6607,74018,21417,16112,6486,3885,1944,994-6,300-25,585-61,40419,548-4,0193,548-7,1543,774353
9905 14,9696,1889,6607,74018,21417,16112,6486,3885,1944,994-6,300-25,585-61,40419,548-4,0193,548-7,1543,774353
Appropriation of the result
9906 21,7966,827639-9,022-16,761-34,975-52,136-64,785-71,173-76,367-81,361-75,061-49,47612,558-6,990-2,971-6,519705-3,069
14P 6,827639-9,022-16,761---------------
691/2 15,000------------630---70-
6920 -------------630---70-
6921 15,000------------------
Social balance sheet
9087 --0.70.7-------0.51------
Hours worked1013 --1551,162-------8211,748------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 2 older financial years (2005-2006) were filed as documents without figures as data, scans for example.

The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 28-01-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
30-06-2025 micro format 28-01-2026 2026-00030514 PDF
30-06-2024 micro format 27-01-2025 2025-00012638 PDF
30-06-2023 micro format 29-01-2024 2024-00023414 PDF
30-06-2022 micro format 05-12-2022 2022-20532956 PDF
30-06-2021 micro format 23-12-2021 2021-81700383 PDF
30-06-2020 micro format 25-01-2021 2021-01700108 PDF
30-06-2019 micro format 20-01-2020 2020-01700344 PDF
30-06-2018 micro format 28-01-2019 2019-02900206 PDF
30-06-2017 micro format 01-02-2018 2018-04300063 PDF
30-06-2016 full format 31-01-2017 2017-03500012 PDF
30-06-2015 full format 07-01-2016 2016-00800020 PDF
30-06-2014 full format 02-02-2015 2015-03600003 PDF
30-06-2013 full format 11-02-2014 2014-03300471 PDF
30-06-2012 full format 30-01-2013 2013-02100326 PDF
30-09-2011 full format 27-04-2012 2012-10000554 PDF
30-09-2010 full format 29-04-2011 2011-09700021 PDF
30-09-2009 full format 04-10-2010 2010-56900592 PDF
30-09-2008 full format 31-03-2009 2009-09900054 PDF
30-09-2007 full format 19-03-2008 2008-07500137 PDF
30-09-2006 full format 29-03-2007 2007-10404601 PDF
30-09-2005 full format 14-03-2006 2006-07100422 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020201920182017201620152014201320129 months20112010200920082007
------16,38318,15918,72418,0703,627-11,447-46,803-33,83116,62225,93217,64829,58627,994
------16,36218,13818,60218,4017,735-11,550-47,36927,5847,36214,9524,50015,42812,007
---221--00000017,41975,000000-1-
-6,6985,90015,810-5,655-1,6392,933-3,285-4505,1222,808-1,9863,269-33,701------
47,49632,52726,33916,4578,939-9,275-26,436-42,798-60,936-79,537-97,939-105,674-93,905-29,336--49,871-48,995-49,877-48,541
-----------------46.0%54.5%
65.1%92.7%91.7%49.4%42.2%-54.2%-97.8%-157.5%-116.7%-110.1%-103.3%-70.1%-26.6%27.5%7.0%7.9%6.5%8.7%7.2%
2.8613.6211.981.961.730.650.510.330.280.180.110.120.170.70-0.160.110.050.02
0.540.080.091.031.37--------2.6312.6911.1613.8510.3712.93
31.5%19.0%36.7%46.4%203.8%--------52.0%-22.2%16.1%-38.6%14.7%1.6%
20.5%17.6%33.6%22.9%86.0%100.2%46.8%25.7%13.3%10.8%-11.7%-36.3%-68.7%14.3%-1.6%1.3%-2.5%1.3%0.1%
----------96 days--------
----------53 days------121 days283 days

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item30-06-202330-06-2022
Employees at the balance-sheet date-1
full-time-1
part-time-0
in full-time equivalents-1
0.70.7
On a permanent contract-1
Joined01
Left10

Source: social balance sheet in the 2022 to 2023 annual accounts

Investments

fixed assets acquired
Item30-06-202530-06-202430-06-202330-06-2022
Financial fixed assets---€221

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on ELLPHI DEVELOPMENT

The operating result for 2025 is 179% higher than in 2024 and the highest since 2021. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total rises from 7.3% to 34.9%. Equity and debt are higher.

Board & ownership

Board

1 director, last change in 2024
Director (not named in the articles)
since 24-06-2013 term without a fixed end
earlier manager, until 30-04-2024
listed in the 2025 annual accounts, filed on 28-01-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 30-04-2024

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today

Director (not named in the articles)
BoardEarliermandate already running before its first mention
Mandates as a list
    • Director (not named in the articles), from 24-06-2013 to date
    • Manager, until 30-04-2024

See the board, name and registered office on a given date →

Control

Capital

Contribution
€25,000
Source
2025 annual accounts

Articles of association

deed of 30-04-2024 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of November at 14:00
Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“Ontbinding om welke reden en op welk ogenblik ook, algemene vergadering mag één of meerdere vereffenaars aanduiden,bevoegdheden…”

Capital transactions

Capital over time
  1. 30-04-2024 Converted to unavailable equity · €25,700
  2. 30-04-2024 Converted to uncalled contributions

Network & group

No group

ELLPHI DEVELOPMENT has no parent and no holdings in its annual accounts. is the only director. ELLPHI DEVELOPMENT shares no director with another company.

Timeline

Timeline

32 events since 2004

Deadline for the 2026 accounts: 31-01-2027

2026
Annual accounts 2025 filed PDFmicro format · 3 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0865248908
2025
Annual accounts 2024 filed PDFmicro format · 4 days before the deadline
2024
Change of role: , from manager to directorDirector discharge: · General meeting of 29-12-20236 points ▸
  • 250 shares
  • Director resignation, (manager)
  • Director appointment, (director (not named in the articles))
  • Director discharge,
  • Registered office clause, Pollareveld 15, 1861 Meise (Wolvertem)
  • General meeting, 29-12-2023
  • The deed holds 7 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2023 filed PDFmicro format · 2 days before the deadline
Registered office moved from Wavre to MeiseNew registered office: Pollareveld 15, 1861 Meise (Wolvertem) · Previous registered office: Rue de Genval 20, 1301 Wavre (Bierges) · General meeting of 23-12-20232 points ▸
  • General meeting, 23-12-2023
  • Registered-office move, Pollareveld 15, 1861 Meise (Wolvertem)

Open the deed in the Belgian Official Gazette

2023
Liquidity more than 6 times current ratio 11.98 The current ratio rises from 1.96 to 11.98. Short-term debt falls from €17,104 to €2,399.
2022
Annual accounts 2022 filed PDFmicro format · 57 days before the deadline
2021
Annual accounts 2021 filed PDFmicro format · 39 days before the deadline
Liquidity more than doubled current ratio 1.73 The current ratio rises from 0.65 to 1.73. Short-term debt falls from €26,394 to €12,247.
Annual accounts 2020 filed PDFmicro format · 6 days before the deadline
2020
Annual accounts 2019 filed PDFmicro format · 11 days before the deadline
2019
Annual accounts 2018 filed PDFmicro format · 3 days before the deadline
2018
Annual accounts 2017 filed PDFmicro format · 1 day late
2017
Annual accounts 2016 filed PDFfull format · on the deadline day
2016
Back to profit net €4,994 The net result is €4,994, after 3 loss-making years.
Annual accounts 2015 filed PDFfull format · 24 days before the deadline
2015
Annual accounts 2014 filed PDFfull format · 2 days late
2014
Annual accounts 2013 filed PDFfull format · 11 days late
2013
Weakest financial year net -€61,404 The net result drops to -€61,404, the lowest from 2007 to 2025. It recovers the following year.
Annual accounts 2012 filed PDFfull format · 1 day before the deadline
2012
Back to profit net €19,548 The net result is €19,548, after one loss-making year.
Annual accounts 2011 filed PDFfull format · 3 days before the deadline
2011
Annual accounts 2010 filed PDFfull format · 1 day before the deadline
2010
Annual accounts 2009 filed PDFfull format · 157 days late
Back to profit net €3,548 The net result is €3,548, after one loss-making year.
2009
Annual accounts 2008 filed PDFfull format · 30 days before the deadline
2008
Annual accounts 2007 filed PDFfull format · 42 days before the deadline
2007
Annual accounts 2006 filed PDFfull format · 32 days before the deadline
2006
Annual accounts 2005 filed PDFfull format
2004
Incorporation PDFpublished on 25-05-2004
First establishment Pollareveld 15, Meise

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 11 May 2004, ELLPHI DEVELOPMENT was incorporated.1 In 2024 the registered office moved to Meise.2 Total assets went from €27,026 in 2019 to €72,978 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 23-01-2024
  3. 3National Bank, annual accounts 2019 and 2025

Company details

Identity

Enterprise number
0865.248.908
VAT number
BE 0865.248.908
Peppol ID
0208:0865248908
Other Peppol ID
9925:BE0865248908
Legal form
Private limited company
Status
Active, normal situation
Founded
11-05-2004
Financial year
ends on 30 June
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of November at 14:00
deed of 30-04-2024 (in French)
Peppol
Reachable since 05-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
ELLPHI DEVELOPMENT in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 30-04-2024 (in French)

Activities

NACEBEL 2025
Joint committees annual accounts 30-06-2024
JC 200 Auxiliary committee for white-collar workers
Codes under NACEBEL 2008
46389 Wholesale of other food products main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Alle afgewerkte producten, halffabrikaten, grondstoffen en artikelen voor de bakkerij, banketbakkerij, zoetwaren, ijs, natuurvoeding en alle…”
6 activities
  1. Alle afgewerkte producten, halffabrikaten, grondstoffen en artikelen voor de bakkerij, banketbakkerij, zoetwaren, ijs, natuurvoeding en alle aanverwante artikelen, chocolaterie
  2. Bereide gerechten
  3. De exploitatie van alle etablissementen of bedrijven die worden gebruikt als cafés, hotels, tavernes, restaurants, brasserieën, theesalons of alle andere handelingen of activiteiten die direct of indirect verband houden met deze etablissementen of bedrijven
  4. Alle handelingen en diensten die rechtstreeks of onrechtstreeks verband houden met de decoratie, het ontwerp, de studie, de coördinatie en de renovatie van binnenruimten, alsook de aan- en verkoop van alle decoratieve voorwerpen, in de ruimste zin van het woord
  5. Verhuur, beheer, taxatie, verbouwing, renovatie, verkaveling en, in het algemeen, alle vastgoedtransacties en promoties van welke aard dan ook, voor eigen rekening of voor rekening van derden, evenals advies, onderzoek, consultancy, taxatie en bemiddeling in vastgoed- en verzekeringsaangelegenheden
  6. Bedrijfsmanagement in de breedste zin van het woord
deed of 30-04-2024 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Pollareveld 15 registered office 1861 Meise 10520 Manufacture of food products 11-05-2004 2.137.408.262

Buildings and parcels at the address

Ground area
613 m²
Buildings
109 m²
Volume, LiDAR
605 m³
Tallest building
8.7 m
Buildings to scale, each on its own parcel
109 m², 8.7 m 109 m², 8.7 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
23093B0470/00R000613 m² 1 · 109 m² 8.7 m · 2