Summary
ElmosGroup is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €3.30M and a net result of €459k. Equity is growing by ~17.5% per year across the filed fiscal years. Its solvency ranks better than 29% of 2777 sector peers (fiscal year 2024). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 27-06-2025, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
37 d early
2022
35 d early
2021
40 d early
2020
32 d early
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Financials · fiscal year 2024, full schema
Equity
€3.30M▲ 1.8%
2023 · €3.24M
Net result
€459k▲ 200%
2023 · €153k
Total assets
€10.26M▲ 128%
2023 · €4.50M
Solvency
32.2%▼ 39.9pp
2023 · 72.0%
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€109k€96k▼ 11.3%€861k▲ 792%€999k▲ 16.1%€1.32M▲ 32.2%
Operating result€18k▼ 72.9%€19k▲ 3.7%€-28k€-8▲ 100.0%€37k
Net result€259k▼ 21.0%€567k▲ 119%€525k▼ 7.3%€153k▼ 70.9%€459k▲ 200%
Equity€2.00M▲ 14.9%€2.56M▲ 28.4%€3.09M▲ 20.5%€3.24M▲ 4.9%€3.30M▲ 1.8%
Total assets€3.13M▲ 42.2%€3.53M▲ 12.8%€5.40M▲ 52.9%€4.50M▼ 16.7%€10.26M▲ 128%
Debt€1.14M▲ 144%€969k▼ 14.7%€2.31M▲ 139%€1.26M▼ 45.6%€6.96M▲ 453%
Working capital€14k€382k▲ 2,600%€-228k€-298k▼ 30.9%€-547k▼ 83.5%
Solvency63.7%▼ 15.1pp72.5%▲ 8.8pp57.2%▼ 15.4pp72.0%▲ 14.8pp32.2%▼ 39.9pp
Staff (FTE)8.77.8▼ 10.3%8.2▲ 5.1%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €37k after a loss of €8 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €10.26M
Fixed assets
€9.07M ▲ 149%
Current assets
€1.19M ▲ 38.7%
Equity and liabilities €10.26M
Equity
€3.30M ▲ 1.8%
Debt
€6.96M ▲ 453%
Debt's share of the balance-sheet total rises from 28.0% to 67.8%. Equity and debt are higher.
Key figures and ratios
ROE
13.9%▲
2023 · 4.7%
ROA
4.5%▲
2023 · 3.4%
Debt ≤ 1 year
€1.73M▲
2023 · €1.15M
Debt > 1 year
€5.22M▲
2023 · €105k
Income taxes
€1k▼
2023 · €2k
Staff costs
€545k▲
2023 · €542k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €99k | €888k | €1.02M | €1.34M | ▲ 30.7% |
| Turnover70 | €109k | €96k | €861k | €999k | €1.32M | ▲ 32.2% |
| Other operating income74 | - | €3k | €27k | €25k | €17k | ▼ 31.1% |
| Operating charges60/66A | - | €80k | €916k | €1.02M | €1.30M | ▲ 27.0% |
| Goods for resale, raw materials and consumables60 | - | - | - | - | €46k | - |
| Purchases600/8 | - | - | - | - | €46k | - |
| Services and other goods61 | - | €79k | €284k | €476k | €692k | ▲ 45.5% |
| Remuneration, social security and pensions62 | - | - | €630k | €542k | €545k | ▲ 0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €1k | €4k | €17k | ▲ 271% |
| Other operating charges640/8 | - | €1k | €320 | €2k | €2k | ▲ 3.1% |
| Operating profit (loss)9901 | €18k | €19k | €-28k | €-8 | €37k | ▲ 482,106% |
| Financial income75/76B | - | €575k | €577k | €1.19M | €461k | ▼ 61.3% |
| Recurring financial income75 | €262k | €575k | €577k | €1.19M | €461k | ▼ 61.3% |
| Income from financial fixed assets750 | - | €563k | €557k | €1.16M | €432k | ▼ 62.8% |
| Income from current assets751 | - | €12k | €20k | €29k | €29k | ▲ 0.9% |
| Other financial income752/9 | - | €1 | €2 | €5 | €27 | ▲ 443% |
| Financial charges65/66B | - | €23k | €22k | €1.04M | €38k | ▼ 96.4% |
| Recurring financial charges65 | €14k | €23k | €22k | €705k | €29k | ▼ 96.0% |
| Debt charges650 | €14k | €23k | €21k | €52k | €2k | ▼ 96.7% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651 | - | - | - | €652k | €26k | ▼ 96.1% |
| Other financial charges652/9 | - | €393 | €510 | €745 | €1k | ▲ 76.1% |
| Non-recurring financial charges66B | - | - | - | €330k | €9k | ▼ 97.2% |
| Profit (loss) for the period before taxes9903 | €267k | €570k | €527k | €154k | €460k | ▲ 198% |
| Income taxes67/77 | €8k | €3k | €2k | €2k | €1k | ▼ 16.9% |
| Taxes670/3 | - | €4k | €2k | €2k | €2k | = |
| Tax adjustments and reversals of tax provisions77 | - | €960 | €85 | €404 | €674 | ▲ 66.6% |
| Profit (loss) for the period9904 | €259k | €567k | €525k | €153k | €459k | ▲ 200% |
| Profit (loss) for the period to be appropriated9905 | €259k | €567k | €525k | €153k | €459k | ▲ 200% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.13M | €3.53M | €5.40M | €4.50M | €10.26M | ▲ 128% |
| Fixed assets21/28 | €2.67M | €2.67M | €3.98M | €3.64M | €9.07M | ▲ 149% |
| Intangible fixed assets21 | - | - | €10k | €6k | €2k | ▼ 60.0% |
| Tangible fixed assets22/27 | - | - | €626 | €1k | €27k | ▲ 1,802% |
| Plant, machinery and equipment23 | - | - | - | €1k | €7k | ▲ 558% |
| Furniture and vehicles24 | - | - | €626 | €376 | €20k | ▲ 5,210% |
| Financial fixed assets28 | €2.67M | €2.67M | €3.97M | €3.64M | €9.04M | ▲ 149% |
| Affiliated companies280/1 | - | €2.67M | €3.97M | €3.64M | €9.04M | ▲ 149% |
| Participating interests280 | - | €2.67M | €3.97M | €3.64M | €9.04M | ▲ 149% |
| Current assets29/58 | €461k | €860k | €1.42M | €856k | €1.19M | ▲ 38.7% |
| Amounts receivable after more than one year29 | - | €204k | €657k | €673k | €610k | ▼ 9.4% |
| Other amounts receivable291 | - | €204k | €657k | €673k | €610k | ▼ 9.4% |
| Amounts receivable within one year40/41 | €218k | €585k | €688k | €117k | €535k | ▲ 358% |
| Trade receivables40 | - | €10k | €21k | €39k | €205k | ▲ 424% |
| Other amounts receivable41 | - | €576k | €667k | €78k | €331k | ▲ 325% |
| Cash at bank and in hand54/58 | €594 | €71k | €66k | €53k | €30k | ▼ 43.5% |
| Deferred charges and accrued income490/1 | - | - | €12k | €12k | €12k | ▼ 2.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.13M | €3.53M | €5.40M | €4.50M | €10.26M | ▲ 128% |
| Equity10/15 | €2.00M | €2.56M | €3.09M | €3.24M | €3.30M | ▲ 1.8% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | - | €62k | €62k | €62k | €62k | = |
| Issued capital100 | - | €62k | €62k | €62k | €62k | = |
| Reserves13 | €1.90M | €2.47M | €2.99M | €3.14M | €3.20M | ▲ 1.8% |
| Non-distributable reserves130/1 | - | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | - | €6k | €6k | €6k | €6k | = |
| Distributable reserves133 | - | €2.46M | €2.98M | €3.13M | €3.19M | ▲ 1.8% |
| Profit (loss) carried forward14 | €34k | €34k | €39k | €40k | €42k | ▲ 5.4% |
| Amounts payable17/49 | €1.14M | €969k | €2.31M | €1.26M | €6.96M | ▲ 453% |
| Amounts payable after more than one year17 | €690k | €492k | €661k | €105k | €5.22M | ▲ 4,855% |
| Financial debts170/4 | - | €492k | €661k | €105k | €5.22M | ▲ 4,855% |
| Credit institutions173 | - | €150k | €320k | €105k | €1.06M | ▲ 902% |
| Other loans174 | - | €342k | €342k | - | €4.16M | - |
| Amounts payable within one year42/48 | €447k | €478k | €1.65M | €1.15M | €1.73M | ▲ 50.3% |
| Current portion of amounts payable after more than one year42 | - | €106k | €213k | €556k | €300k | ▼ 46.0% |
| Financial debts43 | - | - | €65k | €73k | €78k | ▲ 7.6% |
| Credit institutions430/8 | - | - | €65k | €73k | €78k | ▲ 7.6% |
| Trade debts44 | €113k | €26k | €95k | €75k | €119k | ▲ 59.2% |
| Suppliers440/4 | - | €26k | €95k | €75k | €119k | ▲ 59.2% |
| Taxes, remuneration and social security45 | - | - | €57k | €83k | €105k | ▲ 26.9% |
| Taxes450/3 | - | - | - | €19k | €47k | ▲ 150% |
| Remuneration and social security454/9 | - | - | €57k | €64k | €59k | ▼ 9.0% |
| Other amounts payable47/48 | - | €346k | €1.22M | €367k | €1.13M | ▲ 208% |
| Accrued charges and deferred income492/3 | - | - | - | - | €5k | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €259k | €567k | €525k | €153k | €459k | ▲ 200% |
| + Depreciation and write-downs630 | - | - | €1k | €4k | €17k | ▲ 271% |
| Operating cash flow (approximation) | €259k | €567k | €527k | €157k | €476k | ▲ 202% |
| Investment in fixed assets (approximation) | - | €0 | €-1.31M | €328k | €-5.44M | ▼ 1,757% |
| Change in cash | - | €71k | €-5k | €-13k | €-23k | ▼ 84.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
2026
06-08
State Gazette act
General meeting · Director reappointment
Permanent representative
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €153k ▼70.9%
Net result drops to €153k, the lowest in the series; recovery starts the following year.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €567k ▲119%
Net result €567k, the highest in the series.
31-12
Financial
Equity above €2MEq €2.56M ▲28.4%
4 profitable years in a row build equity to €2.56M.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
09-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
05-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts
We know of 12 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
12 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, Herentals · 1 establishment unit since 2007
Ground area
3,765 m²
Building footprint
2,279 m²
Volume, LiDAR
15,185 m³
Parcel 13302D0252/00P000, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Elmos Group
since 20072.163.632.708
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13302D0252/00P000 | Flanders | 3,765 m² | 1 · 2,279 m² | 7.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
The group is listed under Ownership & control below; here you explore it as a network.
This company
Company
Director
Shareholding
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Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
2 locations
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 15,496 EUR awarded · 15,496 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,701 EUR | 1,701 EUR |
| 2024 | 1 | 743 EUR | 743 EUR |
| 2023 | 1 | 5,552 EUR | 5,552 EUR |
| 2022 | 1 | 7,500 EUR | 7,500 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 24,730 companies in sector 64210 we hold annual accounts for 19,772. 9,421 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded08-06-2007
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
64210Activities of holding companies
46500Wholesale of information and communication equipment
47400Retail sale of information and communication equipment
77330Rental and leasing activities
Scores and ratios are computed by Checked and are not a credit decision.