Elmans

Active

Private limited companyfounded 20233 yrs activeMechelsestraat 83, 1840 Londerzeel, BelgiumKBO/BCE: BE 1000.338.135

Summary

The computed 12-month bankruptcy probability of Elmans is 3.1% (moderate). The 2025 annual accounts show equity of €15,013 and a net result of -€7,061. Its solvency ranks better than 25% of 13458 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

ElmansActiveChecked score 49/100

Risk analysis Report Compare

Activity

Wholesale of cars and light vans (up to 3.5 tonnes)

NACE 46711NACE 45111

1 site

Size

€188,926total assets 2025

Equity: €15,013
Loss: -€7,061

Turnover not published (abridged schema)

Financial health

49 Fair Checked score 2025

Bankruptcy chance 12 m: 3.1%

Structure

Accounts filed 62 d late0 of 1 deed read

Why 49- Founded in 2023- Latest accounts 62 days late; 1 of the last 3 late- Equity €15,013 (7.9% of total assets)- Loss of €7,061 (FY 2025)Show the evidence

Checked score

Score 2025

49 / 100

Fair

Probability in this band: 1.5% to 4.2%

Better than 22% of its sector peers (NACE 46, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2024

Weak

Solvency 33-6

equity 7.9% of total assets

Liquidity 15-20

short-term debt 84.1% · cash 9.1%

Profitability 47-37

return on assets -3.7%

Bankruptcy probability, 12 months

3.1% Moderate

0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,788 companies)

Last 24 months 11-2024: 1.6% 12-2024: 1.7%▲ +4.9% vs 11-2024 01-2025: 2.0%▲ +17.0% vs 12-2024 02-2025: 2.1%▲ +5.3% vs 01-2025 03-2025: 2.4%▲ +11.1% vs 02-2025 04-2025: 2.4%● 0.0% vs 03-2025 05-2025: 2.6%▲ +10.3% vs 04-2025 06-2025: 2.7%▲ +1.8% vs 05-2025 07-2025: 2.5%▼ -4.3% vs 06-2025 08-2025: 2.8%▲ +8.9% vs 07-2025 09-2025: 1.3%▼ -54.2% vs 08-2025lowest value 10-2025: 1.3%▲ +2.4% vs 09-2025 11-2025: 1.3%● 0.0% vs 10-2025 12-2025: 1.3%● 0.0% vs 11-2025 01-2026: 1.3%▼ -1.0% vs 12-2025 02-2026: 1.3%● 0.0% vs 01-2026 03-2026: 1.3%● 0.0% vs 02-2026 04-2026: 1.3%▲ +3.0% vs 03-2026 05-2026: 1.3%▲ +0.2% vs 04-2026 06-2026: 1.3%▼ -2.4% vs 05-2026 07-2026: 1.3%▲ +3.8% vs 06-2026 08-2026: 1.9%▲ +44.6% vs 07-2026 09-2026: 2.3%▲ +17.8% vs 08-2026 10-2026: 3.1%▲ +33.5% vs 09-2026highest value

Founded in 2023 raises the probability for this profile
Latest accounts 62 days late; 1 of the last 3 late raises the probability
Equity €15,013 (7.9% of total assets) raises the probability
Loss of €7,061 (FY 2025) raises the probability

Credit up to €500 at 30 days acceptable

Liquidity tight (current ratio 1.02 against 1.0 in 2024; short-term debt: 84.1% and cash: 9.1% of total assets), and 92.1% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 22%, liquidity 15%, profitability 37%, growth against the median 14%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

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

Signals

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

+raises risk○neutral

Founded in 2023

In the bankruptcy model this factor raises the probability for this profile.

KBO

Latest accounts 62 days late; 1 of the last 3 late

In the bankruptcy model this factor raises the probability.

NBB · filings

Equity €15,013 (7.9% of total assets)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Loss of €7,061 (FY 2025)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 13458 sector peers (2025).

NBB · sector comparison

Position among 13458 sector peers

Solvency

better than 25%

← weakest strongest →

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-10-2026, 62 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 2 filings

Deviation from the deadline

2025

62 d late

2024

12 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 37 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)

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

04-10-2026 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