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ELMAHI GROUP

Active
Private limited companyfounded 20224 years activeRue du Village(Flh) 73, 4400 Flémalle, BelgiumKBO/BCE: BE 0780.558.010
Summary

ELMAHI GROUP has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17,862 and a net result of -€8,798. Equity is growing by ~24.6% per year across the filed fiscal years. Its solvency ranks better than 71% of 5,657 sector peers (NACE 49, fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Overview

Activity
Scheduled passenger transport by road
NACE 49310
1 site
Size
€29,513total assets 2025
Equity
€17,862
Loss
-€8,798
Turnover not published (abridged schema)
Financial health
65 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.1%
Structure
Accounts filed 12 days late0 of 1 deed read
Why 65- Sector Land transport and transport via pipelines (NACE 49)- Founded in 2022+ Liquidity: current ratio 1.76, cash €10,902+ Equity €17,862 (60.5% of total assets)Show the evidence

Checked score

Score 2025
65 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 44% of its sector peers (NACE 49, micro)
Financial strength · tick = 2024
Average
Solvency 86+12
equity 60.5% of total assets
Liquidity 78+35
short-term debt 39.5% · cash 36.9%
Profitability 0-85
return on assets -29.8%
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,060 companies)
Last 24 months 11-2024: 4.0% 12-2024: 4.0%● unchanged vs 11-2024 01-2025: 3.9%▼ -0.1 percentage points vs 12-2024 02-2025: 3.9%● unchanged vs 01-2025 03-2025: 4.0%▲ +0.1 percentage points vs 02-2025 04-2025: 4.2%▲ +0.2 percentage points vs 03-2025 05-2025: 4.3%▲ +0.1 percentage points vs 04-2025 06-2025: 4.3%● unchanged vs 05-2025 07-2025: 4.5%▲ +0.2 percentage points vs 06-2025highest value 08-2025: 1.9%▼ -2.6 percentage points vs 07-2025 09-2025: 1.5%▼ -0.4 percentage points vs 08-2025 10-2025: 1.5%● unchanged vs 09-2025 11-2025: 1.5%● unchanged vs 10-2025 12-2025: 1.5%● unchanged vs 11-2025 01-2026: 1.4%▼ -0.1 percentage points vs 12-2025 02-2026: 1.4%● unchanged vs 01-2026 03-2026: 1.4%● unchanged vs 02-2026 04-2026: 1.5%▲ +0.1 percentage points vs 03-2026 05-2026: 1.7%▲ +0.2 percentage points vs 04-2026 06-2026: 1.7%● unchanged vs 05-2026 07-2026: 1.9%▲ +0.2 percentage points vs 06-2026 08-2026: 2.4%▲ +0.5 percentage points vs 07-2026 09-2026: 1.1%▼ -1.3 percentage points vs 08-2026lowest value 10-2026: 1.1%● unchanged vs 09-2026lowest value
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 1.76 against 1.39 in 2024; short-term debt: 39.5% and cash: 36.9% of total assets), and 39.5% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, micro): better than 72% on solvency, 83% on liquidity, 6% on profitability and 15% on growth.

The bankruptcy probability was computed on 07-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Liquidity: current ratio 1.76, cash €10,902
NBB · annual accounts
raises risk · Sector Land transport and transport via pipelines (NACE 49)
KBO
raises risk · Founded in 2022
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Equity €17,862 (60.5% of total assets)
NBB · annual accounts
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filings
Deviation from the deadline
2025
12 days late
2024
10 days early
2023
20 days early
2022
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 5 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 49% 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 26 July (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
08-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Weakest financial yearnet -€8,798
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Caution: Among the weakest 16% on net resultsector median €5,776 · 5,632 companies -€8,798 View
  • Total assets 20254 fiscal years filed €29,513 View
  • Active since 2022founded 17-01-2022 4 years View

By topic

Financials

Fiscal year
2025
Total assets
€29,513
Loss
-€8,798
Solvency
60.5%
Total assets▼ 46.0%
Net result
20222025
Go to Financials

Timeline

Events
6
Since
2023
Next accounts
by 31-07-2027
  1. 11-07-2024Annual accounts filed
  2. 31-12-2023Back to profit
  3. 31-07-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Scheduled passenger transport by roadNACE 49310
Founded
17-01-2022
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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