ELMO
ActiveFrom the official registers: KBO 38 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
ELMO has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €665,657 and a net result of €392,884, of which €536,648 non-recurring income. Equity has been stable since 2018 (±1.2% per year). Its solvency ranks better than 83% of 11,235 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
KBO- Status
- Active since 01-10-1987 Normal situation
- Legal form
- Public limited company
- Registered office
- Knijffelingstraat 15, 8851 Ardooie
- Activity
- Renting and operating of own or leased residential real estate, excluding social housing NACE 68201and 1 other
- Establishment unit
- 2.355.208.302 8851 Ardooie, since 20-12-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 24-02-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €543,354
- ▲ 15×
- Turnover
- ≈ €610,000
- estimated
- Profit
- €392,884
- ▲ 29×
- Equity
- €665,657
- ▲ 144%
- Total assets
- €861,978
- ▲ 201%
Score breakdownraises riskLast filed accounts filed 5 days late; 1 of the last 3 accounts latelowers riskLiquidity: current ratio 4.25, cash €214,944Equity €665,657 (77.2% of total assets)Size: total assets €861,978Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 68, micro). It does better than 91% of them on solvency, 87% on liquidity, 95% on profitability and 94% on growth.
The bankruptcy probability was computed on 31-10-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 12 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Key points
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 05-08-2026
- Annual accounts 2024filed on 29-08-2025
- Annual accounts 2023filed on 10-09-2024
- Annual accounts 2022filed on 23-06-2023
Acts in the Belgian Official Gazette
- Registered office · Resignations & appointmentsact of 14-02-2024
- Amendment of the articles · Legal-form change · Resignations & appointmentsact of 27-09-2023
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about ELMO
- What is the company number of ELMO?
- The company number of ELMO is 0432.240.413. The VAT number is the same number with BE in front: BE 0432.240.413.
- Where is ELMO based?
- The registered office is at Knijffelingstraat 15, 8851 Ardooie.Company details
- What does ELMO do?
- According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
- What is the legal form of ELMO?
- The legal form of ELMO is Public limited company (NV).
- When was ELMO founded?
- ELMO was founded on 01-10-1987.
- Is ELMO still active?
- Yes, ELMO is an active enterprise in the KBO register.
- What is the turnover of ELMO?
- The turnover in financial year 2025 is ≈ €610,000. This figure is estimated from the gross margin of €543,354 and 38 comparable companies (NACE 68201). It probably lies between €550,000 and €680,000.Financials
- Is ELMO profitable?
- In financial year 2025, ELMO made a profit of €392,884.
- Where can I find the annual accounts of ELMO?
- ELMO filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
- When are the next annual accounts of ELMO due?
- ELMO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Comparable companies
These companies have the same main activity as ELMO: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €840,000 and €1.1m, founded between 1983 and 1999.
| Company | Total assets | Gross margin |
|---|---|---|
| ELMO Ardooie | €0.9m | €0.5m |
| Lauwers - de Wyngaert Brugge | €0.9m | €0.5m |
| Mc. Coy Pullman Edegem | €0.8m | €0.4m |
| PAQUES-GAICKI Finances Ans | €0.9m | €0.7m |
| HIPOLIE Brugge | €1.0m | €0.5m |
| HANCKE STEFAAN Koksijde | €1.1m | €0.8m |
| JOMI Nieuwpoort | €1.0m | €0.5m |
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