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ELMO

Active
Private limited companyfounded 20242 yrs activeNachtegaalstraat 46/D, 2550 Kontich, BelgiumKBO/BCE: BE 1011.346.942
Summary

The computed 12-month bankruptcy probability of ELMO is 3.7% (moderate). The 2024 annual accounts show equity of €5,740 and a net result of €740. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability70
Solvency33
Growth-
Track record67
Bankruptcy probability, 12 months
3.7% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
8.3%
Return on assets
1.1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-05-2025, 79 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
79 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its 2024 accounts 79 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · 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

History

ELMO was incorporated on 9 July 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€5,740
Total assets
€69,055
Net result
€740
Working capital
-€8,378

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €69,055
Fixed assets €62,053
Current assets €7,001
Equity and liabilities €69,055
Equity €5,740
Debt €63,315
Debt finances 91.7% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€5,015
Cash flow
€3,965
Current ratio
0.46
Debt to equity
11.03
ROE
12.9%
ROA
1.1%
Interest coverage
7.46
Debt ≤ 1 year
€15,379
Debt > 1 year
€47,936
Income taxes
€378
Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 34 lines
Balance sheet Code2024
Assets
Total assets20/58€69,055
Fixed assets21/28€62,053
Tangible fixed assets22/27€62,053
Plant, machinery and equipment23€2,569
Furniture and vehicles24€59,485
Current assets29/58€7,001
Amounts receivable within one year40/41€733
Trade receivables40€733
Cash at bank and in hand54/58€6,269
Equity and liabilities
Total equity and liabilities10/49€69,055
Equity10/15€5,740
Contributions10/11€5,000
Profit (loss) carried forward14€740
Amounts payable17/49€63,315
Amounts payable after more than one year17€47,936
Financial debts170/4€47,936
Amounts payable within one year42/48€15,379
Current portion of amounts payable after more than one year42€11,840
Trade debts44€2,099
Suppliers440/4€2,099
Taxes, remuneration and social security45€378
Taxes450/3€378
Other amounts payable47/48€1,062
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,225
Other operating charges640/8€50
Gross operating margin9900€5,065
Operating profit (loss)9901€1,790
Financial charges65/66B€673
Recurring financial charges65€673
Profit (loss) for the period before taxes9903€1,117
Income taxes67/77€378
Profit (loss) for the period9904€740
Profit (loss) for the period to be appropriated9905€740
Appropriation of the result
Profit (loss) to be appropriated9906€740

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,225
Other operating charges640/8€50
Gross operating margin9900€5,065
Operating profit (loss)9901€1,790
Financial charges65/66B€673
Recurring financial charges65€673
Profit (loss) for the period before taxes9903€1,117
Income taxes67/77€378
Profit (loss) for the period9904€740
Profit (loss) for the period to be appropriated9905€740
Line2024
Assets
Total assets20/58€69,055
Fixed assets21/28€62,053
Tangible fixed assets22/27€62,053
Plant, machinery and equipment23€2,569
Furniture and vehicles24€59,485
Current assets29/58€7,001
Amounts receivable within one year40/41€733
Trade receivables40€733
Cash at bank and in hand54/58€6,269
Equity and liabilities
Total equity and liabilities10/49€69,055
Equity10/15€5,740
Contributions10/11€5,000
Profit (loss) carried forward14€740
Amounts payable17/49€63,315
Amounts payable after more than one year17€47,936
Financial debts170/4€47,936
Amounts payable within one year42/48€15,379
Current portion of amounts payable after more than one year42€11,840
Trade debts44€2,099
Suppliers440/4€2,099
Taxes, remuneration and social security45€378
Taxes450/3€378
Other amounts payable47/48€1,062
Line2024
Profit (loss) for the period9904€740
+ Depreciation and write-downs630€3,225
Operating cash flow (approximation)€3,965

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
13-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Kontich · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
1,701 m²
Building footprint
289 m²
Volume, LiDAR
1,856 m³
2 parcels, Flanders · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ELMO
Oosterveldlaan 48/1, 2610 AntwerpenHuman health activities
since 20242.362.068.279
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11602C0175/00S019 Flanders 1,172 m² 1 · 145 m² 8.8 m · 2 fl.
11051C0221/00E002 Flanders 529 m² 1 · 143 m² 9.8 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded09-07-2024
Fiscal year end31-12

Scores and ratios are computed by Checked and are not a credit decision.