ElmosExpert
ActiveElmosExpert has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €694k and a net result of €26k. Equity is growing by ~30.4% per year across the filed fiscal years. Its solvency ranks better than 53% of 8073 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
91
/ 100
Excellent▲ +39 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability19▲+19
Solvency98▼-2
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 2.23 against 4.48 in 2023), and 43% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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 2024Solvency, return and age of the figures
Solvency
57%
Return on assets
2.1%
Age of the figures
20 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 26-06-2025, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
37 d early
2022
33 d early
2021
53 d early
2020
51 d early
2019
45 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€694k▼ 9.6%
2023 · €768k
2018: €-210k
2019: €47k
2020: €398k
2021: €643k
2022: €913k
2023: €768k
2018 → 2024
Total assets
€1.22M▲ 25.6%
2023 · €968k
2018: €278k
2019: €606k
2020: €1.04M
2021: €1.25M
2022: €1.34M
2023: €968k
2018 → 2024
Net result
€26k
2023 · €-146k
2018: €3k
2019: €257k
2020: €351k
2021: €395k
2022: €310k
2023: €-146k
2018 → 2024
Working capital
€640k▼ 8.3%
2023 · €698k
2018: €-48k
2019: €189k
2020: €525k
2021: €612k
2022: €844k
2023: €698k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€398k-€643k▲ 61.7%€913k▲ 42.0%€768k▼ 16.0%€694k▼ 9.6%
Operating result€355k-€578k▲ 62.7%€474k▼ 18.0%€-128k€113k
Net result€351k-€395k▲ 12.8%€310k▼ 21.5%€-146k€26k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €113k after a loss of €128k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.22M
Fixed assets
€54k▼ 22.9%
Current assets
€1.16M▲ 29.4%
Equity and liabilities €1.22M
Equity
€694k▼ 9.6%
Debt
€522k▲ 160%
The debt ratio rises from 20.7% to 43.0%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€126k▲
2023 · €-111k
Cash flow
€39k▲
2023 · €-129k
Solvency
57.0%▼
2023 · 79.3%
Current ratio
2.23▼
2023 · 4.48
Quick ratio
2.23▼
2023 · 4.48
Debt / equity
0.75▲
2023 · 0.26
ROE
3.8%▲
2023 · -19.0%
ROA
2.1%▲
2023 · -15.1%
Interest coverage
4.60▲
2023 · -5.94
Debt
€522k▲
2023 · €201k
Debt ≤ 1 year
€522k▲
2023 · €201k
Income taxes
€59k▲
2023 · €2k
Staff costs
€1.89M▲
2023 · €1.74M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€968k€1.22M▲
Formation expenses20€0€0=
Fixed assets21/28€70k€54k▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€70k€54k▼
Plant, machinery and equipment23€5k€3k▼
Furniture and vehicles24€22k€13k▼
Other tangible fixed assets26€43k€37k▼
Current assets29/58€899k€1.16M▲
Amounts receivable within one year40/41€383k€391k▲
Trade receivables40€383k€361k▼
Other amounts receivable41-€30k
Cash at bank and in hand54/58€511k€767k▲
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€968k€1.22M▲
Equity10/15€768k€694k▼
Contributions10/11€620k€620k=
Profit (loss) carried forward14€148k€74k▼
Amounts payable17/49€201k€522k▲
Amounts payable within one year42/48€201k€522k▲
Trade debts44€45k€276k▲
Suppliers440/4€45k€276k▲
Taxes, remuneration and social security45€155k€146k▼
Taxes450/3€30k€21k▼
Remuneration and social security454/9€125k€126k▲
Other amounts payable47/48-€100k
Income statement
Code20232024
Non-recurring operating income76A€26k€8k▼
Remuneration, social security and pensions62€1.74M€1.89M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€13k▼
Other operating charges640/8€5k€6k▲
Non-recurring operating charges66A-€234
Gross operating margin9900€1.63M€2.02M▲
Operating profit (loss)9901€-128k€113k▲
Financial income75/76B€2k-
Recurring financial income75€0-
Non-recurring financial income76B€2k-
Financial charges65/66B€19k€27k▲
Recurring financial charges65€19k€27k▲
Profit (loss) for the period before taxes9903€-144k€85k▲
Income taxes67/77€2k€59k▲
Profit (loss) for the period9904€-146k€26k▲
Profit (loss) for the period to be appropriated9905€-146k€26k▲
Appropriation of the result
Profit (loss) to be appropriated9906€148k€174k▲
Profit (loss) brought forward from the previous period14P€293k€148k▼
Profit to be distributed694/7-€100k
Return on contributions (dividend)694-€100k
Social balance
Average headcount (FTE)908728.930.3▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €26k
Net result €26k after one loss-making year.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-146k ▼147%
Net result drops to €-146k, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €395k ▲12.8%
Operating result €578k, net result €395k, both a record.
31-12
Financial
Equity above €500kEq €643k ▲61.7%
4 profitable years in a row build equity to €643k.
10-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €200kEq €398k ▲745%
3 profitable years in a row build equity to €398k.
16-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
09-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
14-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Mechelen · 3 establishment units since 2006
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Generaal De Wittelaan 92800 MechelenGround area
1.2 ha
Building footprint
4,118 m²
Volume, LiDAR
47,436 m³
3 parcels, Flanders · tallest building 60.6 m, ±7 floors. Linked by address, not a title deed.
3 establishment units
Elmos Expert
since 20062.161.897.891
Elmos Expert
since 20182.303.372.193
Elmos Expert
since 20182.303.372.292
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12402A0187/00B002 | Flanders | 6,629 m² | 1 · 473 m² | 7.6 m · 2 fl. |
| 13302D0252/00P000 | Flanders | 3,765 m² | 1 · 2,279 m² | 7.8 m · 2 fl. |
| 44082B0531/00K000 | Flanders | 1,366 m² | 1 · 1,366 m² | 60.5 m · 7 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 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 · 5 entries · 58,590 EUR awarded · 58,590 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 33,784 EUR | 33,784 EUR |
| 2023 | 2 | 24,490 EUR | 24,490 EUR |
| 2022 | 1 | 316 EUR | 316 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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REGENESIA
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I7C
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Of 29,889 companies in sector 62200 we hold annual accounts for 18,319. 10,435 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-08-2004
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.