ELMER
ActiveSummary
ELMER has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.0m and a net result of €422. Equity is shrinking by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 73% of 398 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69=
Solvency99=
Growth40▼-17
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €240,000 at 30 days acceptable
Liquidity tight (current ratio 1.49 against 1.66 in 2024; short-term debt: 17.4% and cash: 12.7% of total assets), and 26.4% of the assets are financed with debt.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 88
Relative position
BE, all sectors
reference
Social work activities without accommodation (NACE 88)
about 62% fewer bankruptcies
← 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
73.6%
Return on assets
0%
Age of the figures
9 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 24-04-2026, 98 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
98 d early
2024
94 d early
2023
78 d early
2022
88 d early
2021
53 d early
2020
75 d early
2019
67 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 60 days before the deadline; the sector median for financial year 2024 is 24 days before the deadline, and 25% 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 4 May (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#5 fastest grower in Schaarbeek, Health and social work sector#6 employer in Schaarbeek, Health and social work sector#9 company by equity in Schaarbeek, Health and social work sector
Turnover
€371,429▲ 27.5%
2022 · €291,368
EBIT margin
-22.0%▲ 4.8pp
2022 · -26.9%
Net result
€422▼ 97.0%
2024 · €13,862
Working capital
€343,700▼ 17.9%
2024 · €418,788
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 88, Social work activities without accommodation, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€275,083▲ 0.4%€291,368▲ 5.9%€371,429▲ 27.5%
Operating result€105,799▼ 59.8%-€78,255-€81,866▼ 4.6%€17,334€3,711▼ 78.6%
Net result€96,599within the sector's middle half▼ 61.8%-€87,471below the sector's middle half-€89,366below the sector's middle half▼ 2.2%€13,862within the sector's middle half€422within the sector's middle half▼ 97.0%
EBIT margin38.5%▼ 57.6pp-26.9%▼ 65.3pp-22.0%▲ 4.8pp
Equity€3.9mabove the sector's middle half▼ 3.8%€3.6mwithin the sector's middle half▼ 8.4%€3.3mwithin the sector's middle half▼ 8.2%€3.1mwithin the sector's middle half▼ 6.0%€3.0mwithin the sector's middle half▼ 5.4%
Total assets€5.2mwithin the sector's middle half▼ 0.5%€4.9mwithin the sector's middle half▼ 6.1%€4.5mwithin the sector's middle half▼ 7.6%€4.2mwithin the sector's middle half▼ 6.0%€4.0mwithin the sector's middle half▼ 5.2%
Debt€1.2m▲ 10.8%€1.2m▲ 1.2%€1.1m▼ 4.9%€1.1m▼ 7.1%€1.0m▼ 3.5%
Working capital€567,841within the sector's middle half▲ 13.8%€487,279within the sector's middle half▼ 14.2%€419,329within the sector's middle half▼ 13.9%€418,788within the sector's middle half▼ 0.1%€343,700within the sector's middle half▼ 17.9%
Solvency76.1%within the sector's middle half▼ 2.5pp74.3%within the sector's middle half▼ 1.9pp73.7%within the sector's middle half▼ 0.5pp73.8%within the sector's middle half▲ 0.1pp73.6%within the sector's middle half▼ 0.1pp
Current ratio1.88within the sector's middle half▼ 0.211.73within the sector's middle half▼ 0.151.64within the sector's middle half▼ 0.091.66within the sector's middle half▲ 0.031.49within the sector's middle half▼ 0.17
Return on assets (ROA)1.9%within the sector's middle half▼ 3.0pp-1.8%within the sector's middle half▼ 3.7pp-2.0%below the sector's middle half▼ 0.2pp0.3%within the sector's middle half▲ 2.3pp0.0%within the sector's middle half▼ 0.3pp
Staff (FTE)93.5within the sector's middle half▲ 6.0%88.7within the sector's middle half▼ 5.1%87.3within the sector's middle half▼ 1.6%95.4within the sector's middle half▲ 9.3%104.3within the sector's middle half▲ 9.3%
above
within
below
the middle half (P25 to P75) of NACE 88, Social work activities without accommodation, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 79% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.0m
Fixed assets
€3.0m ▼ 6.6%
Current assets
€1.0m ▼ 0.9%
Equity and liabilities €4.0m
Equity
€3.0m ▼ 5.4%
Provisions
€36,849 ▼ 29.4%
Debt
€1.0m ▼ 3.5%
Debt's share of the balance-sheet total rises from 25.0% to 25.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€263,739▼
2024 · €300,984
Cash flow
€260,449▼
2024 · €297,511
Debt to equity
0.35▲
2024 · 0.34
ROE
0.0%▼
2024 · 0.4%
Interest coverage
42.54▲
2024 · 42.29
Debt ≤ 1 year
€696,541▲
2024 · €630,980
Debt > 1 year
€201,666▼
2024 · €261,666
Staff costs
€5.1m▲
2024 · €4.6m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,860 companies that looked in July 2024 the way this one looks now, 0.1% went bankrupt within 24 months and 98% are still going.
- Medium-sized
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.1%
went bankrupt
2.0%
stopped otherwise
98%
still going
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,860 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €4.3m | €4.6m | €4.9m | - | - | - |
| Turnover70 | €275,083 | €291,368 | €371,429 | - | - | - |
| Other operating income74 | €32,253 | €17,450 | €11,263 | - | - | - |
| Non-recurring operating income76A | €2,378 | - | - | - | €22 | - |
| Operating charges60/66A | €4.2m | €4.6m | €5.0m | - | - | - |
| Goods for resale, raw materials and consumables60 | €75,534 | €78,717 | €104,959 | - | - | - |
| Purchases600/8 | €75,534 | €78,717 | €104,959 | - | - | - |
| Services and other goods61 | €297,430 | €360,903 | €381,881 | - | - | - |
| Remuneration, social security and pensions62 | €3.5m | €3.9m | €4.2m | €4.6m | €5.1m | ▲ 10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €325,193 | €326,676 | €314,581 | €283,650 | €260,027 | ▼ 8.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | -€388 | €165 | -€527 | €0 | ▲ 100% |
| Other operating charges640/8 | €3,220 | €3,054 | €2,629 | €2,283 | €2,325 | ▲ 1.8% |
| Non-recurring operating charges66A | - | - | - | €336 | €0 | ▼ 100% |
| Gross operating margin9900 | - | - | - | €4.9m | €5.4m | ▲ 8.9% |
| Operating profit (loss)9901 | €105,799 | -€78,255 | -€81,866 | €17,334 | €3,711 | ▼ 78.6% |
| Financial income75/76B | €1,194 | €111 | €705 | €3,645 | €2,910 | ▼ 20.2% |
| Recurring financial income75 | €1,194 | €111 | €705 | €3,645 | €2,910 | ▼ 20.2% |
| Income from current assets751 | €110 | - | €688 | - | - | - |
| Other financial income752/9 | €1,084 | €111 | €18 | - | - | - |
| Financial charges65/66B | €10,395 | €9,326 | €8,206 | €7,117 | €6,200 | ▼ 12.9% |
| Recurring financial charges65 | €10,395 | €9,326 | €8,206 | €7,117 | €6,200 | ▼ 12.9% |
| Debt charges650 | €9,807 | €8,716 | €7,624 | - | - | - |
| Other financial charges652/9 | €588 | €611 | €582 | - | - | - |
| Profit (loss) for the period before taxes9903 | €96,599 | -€87,471 | -€89,366 | €13,862 | €422 | ▼ 97.0% |
| Profit (loss) for the period9904 | €96,599 | -€87,471 | -€89,366 | €13,862 | €422 | ▼ 97.0% |
| Profit (loss) for the period to be appropriated9905 | €96,599 | -€87,471 | -€89,366 | €13,862 | €422 | ▼ 97.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.2m | €4.9m | €4.5m | €4.2m | €4.0m | ▼ 5.2% |
| Fixed assets21/28 | €4.0m | €3.7m | €3.4m | €3.2m | €3.0m | ▼ 6.6% |
| Tangible fixed assets22/27 | €4.0m | €3.7m | €3.4m | €3.2m | €3.0m | ▼ 6.6% |
| Land and buildings22 | €3.0m | €2.8m | €2.7m | €2.6m | €2.5m | ▼ 3.8% |
| Plant, machinery and equipment23 | €93,386 | €92,843 | €70,786 | €80,756 | €67,822 | ▼ 16.0% |
| Furniture and vehicles24 | €161,667 | €137,214 | €114,566 | €91,967 | €88,695 | ▼ 3.6% |
| Leasing and similar rights25 | €721,451 | €650,656 | €556,915 | €458,947 | €360,979 | ▼ 21.3% |
| Financial fixed assets28 | - | €50 | €50 | €130 | €130 | = |
| Other financial fixed assets284/8 | - | €50 | €50 | - | - | - |
| Amounts receivable and cash guarantees285/8 | - | €50 | €50 | - | - | - |
| Current assets29/58 | €1.2m | €1.2m | €1.1m | €1.0m | €1.0m | ▼ 0.9% |
| Amounts receivable within one year40/41 | €472,582 | €452,670 | €462,230 | €426,134 | €509,857 | ▲ 19.6% |
| Trade receivables40 | €28,577 | €31,507 | €53,993 | €49,051 | €49,093 | ▲ 0.1% |
| Other amounts receivable41 | €444,005 | €421,163 | €408,237 | €377,083 | €460,764 | ▲ 22.2% |
| Cash at bank and in hand54/58 | €708,767 | €673,778 | €585,662 | €594,386 | €507,850 | ▼ 14.6% |
| Deferred charges and accrued income490/1 | €32,736 | €31,656 | €31,019 | €29,248 | €22,533 | ▼ 23.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.2m | €4.9m | €4.5m | €4.2m | €4.0m | ▼ 5.2% |
| Equity10/15 | €3.9m | €3.6m | €3.3m | €3.1m | €3.0m | ▼ 5.4% |
| Reserves13 | €1.0m | €1.0m | €972,351 | €972,351 | €972,351 | = |
| Profit (loss) carried forward14 | €96,599 | €9,128 | -€45,868 | -€32,006 | -€31,584 | ▲ 1.3% |
| Investment grants15 | €2.8m | €2.6m | €2.4m | €2.2m | €2.0m | ▼ 7.7% |
| Provisions and deferred taxes16 | €56,989 | €57,421 | €45,283 | €52,168 | €36,849 | ▼ 29.4% |
| Provisions for liabilities and charges160/5 | €56,989 | €57,421 | €45,283 | €52,168 | €36,849 | ▼ 29.4% |
| Major repairs and maintenance162 | €56,989 | €57,421 | €45,283 | €52,168 | €36,849 | ▼ 29.4% |
| Amounts payable17/49 | €1.2m | €1.2m | €1.1m | €1.1m | €1.0m | ▼ 3.5% |
| Amounts payable after more than one year17 | €441,676 | €381,666 | €321,666 | €261,666 | €201,666 | ▼ 22.9% |
| Financial debts170/4 | €441,666 | €381,666 | €321,666 | €261,666 | €201,666 | ▼ 22.9% |
| Credit institutions173 | €441,666 | €381,666 | €321,666 | - | - | - |
| Other amounts payable178/9 | €10 | - | - | - | - | - |
| Amounts payable within one year42/48 | €646,244 | €670,825 | €659,582 | €630,980 | €696,541 | ▲ 10.4% |
| Current portion of amounts payable after more than one year42 | €60,000 | €60,000 | €60,000 | €60,000 | €60,000 | = |
| Trade debts44 | €94,068 | €101,554 | €100,506 | €71,279 | €48,232 | ▼ 32.3% |
| Suppliers440/4 | €94,068 | €101,554 | €100,506 | €71,279 | €48,232 | ▼ 32.3% |
| Advances received on contracts in progress46 | €14,892 | €14,892 | €11,590 | €11,590 | €11,590 | = |
| Taxes, remuneration and social security45 | €384,685 | €412,208 | €456,160 | €482,384 | €572,284 | ▲ 18.6% |
| Remuneration and social security454/9 | €384,685 | €412,208 | €456,160 | €482,384 | €572,284 | ▲ 18.6% |
| Accrued charges and deferred income492/3 | €94,576 | €144,398 | €157,527 | €165,139 | €122,337 | ▼ 25.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €96,599 | -€87,471 | -€89,366 | €13,862 | €422 | ▼ 97.0% |
| + Depreciation and write-downs630 | €325,193 | €326,676 | €314,581 | €283,650 | €260,027 | ▼ 8.3% |
| Operating cash flow (approximation) | €421,792 | €239,205 | €225,215 | €297,511 | €260,449 | ▼ 12.5% |
| Investment in fixed assets (approximation) | - | -€64,880 | -€25,727 | -€40,814 | -€48,768 | ▼ 19.5% |
| Change in cash | - | -€34,989 | -€88,115 | €8,724 | -€86,536 | ▼ 1,092% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €13,862
Net result €13,862 after 2 loss-making years.
14-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet -€89,366
Net result drops to -€89,366, the lowest in the series; recovery starts the following year.
04-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
17-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €252,618 ▲2,144%
Operating result €263,360, net result €252,618, both a record.
06-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 67 days late
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 15 acts read
About the unread acts
We know of 15 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
15 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, Schaarbeek · 5 establishment units since 2006
Ground area
9,909 m²
Building footprint
3,493 m²
Volume, LiDAR
51,285 m³
4 parcels, Brussels · tallest building 25.4 m, ±6 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
5 establishment units
ELMER vzw
since 20062.155.050.285
Elmer Zuid
since 20082.171.987.277
Elmer West
since 20082.171.987.376
Elmer in de Stad
since 20092.176.358.019
Elmer Noord
since 20182.279.657.277
4 parcels
Brussels
4
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21809K0283/00K000indicative | Brussels | 4,055 m² | 1 · 2,101 m² | 25.4 m · 6 fl. |
| 21522B0529/00L000 | Brussels | 3,789 m² | 1 · 269 m² | 18.8 m · 5 fl. |
| 21305C0328/00C007 | Brussels | 1,441 m² | 1 · 625 m² | 23.7 m · 5 fl. |
| 21910E0038/00E009 | Brussels | 624 m² | 2 · 498 m² | 18.9 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
3 of 4 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 14 entries · 11,535,384 EUR awarded · 11,535,384 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 3,213,725 EUR | 3,213,725 EUR |
| 2024 | 3 | 3,011,354 EUR | 3,011,128 EUR |
| 2023 | 4 | 2,676,708 EUR | 2,676,934 EUR |
| 2022 | 4 | 2,633,597 EUR | 2,633,597 EUR |
Recognitions · licences · registrations
Food safety, FASFC
4 sitesAnderlecht2.171.987.277
Brussel2.176.358.019
Schaarbeek2.279.657.277
Sint-Jans-Molenbeek2.171.987.376
Care and welfare
13 services · 4 liveElmer in de Stad
Elmer Noord
Elmer West
Elmer Zuid
Show 9 more services
CIK Zorgregio Brussel
Elmer in de Stad
Elmer Noord
Elmer Noord
Elmer Noord
Elmer West
Elmer Zuid
Elmer Zuid Lokale Dienst
FCUD-project-1150-4
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Of 1,588 companies in sector 88911 we hold annual accounts for 709. 253 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formNon-profit association
Founded10-04-2001
Fiscal year end31-12
Activities, NACEBEL 2025
88911Day nurseries and crèches
Contact
E-invoicing
Reachable via Peppol
Peppol ID
0208:0474896558
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.