ELPA
The computed 12-month bankruptcy probability of ELPA is 0.8% (low). The 2024 annual accounts show equity of €48k and a net result of €-17k. Equity is growing by ~32.9% per year across the filed fiscal years. Its solvency ranks better than 34% of 816 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €48k |
| Net result | €-17k |
| Better than sector | 34% |
| Active | 5 yrs |
Mixed profile: strong on stability, weaker on profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 43.4% | 61.4% | |
| Net result | €-17k | €21k | |
| Equity | €48k | €48k | |
| Gross operating margin | €-4k | €39k | |
| Staff costs | €0 | €14k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €-6k |
| Net profit | €-17k |
| Cash flow | €-8k |
| Staff costs | €0 |
| Income taxes | €128 |
| Dividends | - |
| Total assets | €110k |
| Equity | €48k |
| Debt | €62k |
| of which ≤ 1y | €62k |
| of which > 1y | €0 |
| Working capital | €37k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 1.60 |
| Quick ratio | 1.60 |
| Working capital ratio | 33.9% |
| Solvency | 43.4% |
| Debt / equity | 1.30 |
| Long-term debt ratio | 0.00 |
| Interest coverage | -5.16 |
| Gross margin | - |
| Net margin | - |
| ROA | -15.1% |
| ROE | -34.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €110k |
| Fixed assets | 21/28 | €11k |
| Tangible fixed assets | 22/27 | €11k |
| Current assets | 29/58 | €100k |
| Amounts receivable within one year | 40/41 | €69k |
| Cash & bank | 54/58 | €20k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €110k |
| Equity | 10/15 | €48k |
| Contributions / capital | 10/11 | €1k |
| Reserves | 13 | €62k |
| Accumulated profits (losses) | 14 | €-15k |
| Amounts payable | 17/49 | €62k |
| Amounts payable after one year | 17 | €0 |
| Amounts payable within one year | 42/48 | €62k |
| Trade debts payable within one year | 44 | €3k |
| Income statement | ||
| Gross operating margin | 9900 | €-4k |
| Operating result | 9901 | €-15k |
| Financial income | 75 | €236 |
| Financial charges | 65 | €1k |
| Result before taxes | 9903 | €-16k |
| Income taxes | 67/77 | €128 |
| Net result for the period | 9904 | €-17k |
| Result to be appropriated | 9905 | €-17k |
| NACE primary | 63920 |
| Legal form | Private limited company(610) |
| Incorporation | 13-10-2020 |
| Status | Active |
| Postal code | 8870 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36494D1212/00F000 | Flanders | 468 m² | 1 · 98 m² | 9.7 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
11-12-2024 HUYVAERT Tristan appointed as director
- HUYVAERT Tristan, Bestuurder
Technical details
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"subkind": "additional",
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"effective_date": "2024-11-15",
"evidence_quote": "Met unanimiteit van stemmen werd beslist om als bijkomend bestuurder te benoemen: - Dhr. HUYVAERT Tristan",
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}28-02-2022 Registered office moved within Izegem
- Neerhofstraat 44, 8870 Izegem → Ten Bosstraat 15, 8870 Izegem
Technical details
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"nationality_change": false,
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"statute_article_number": 2,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
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],
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"act_meta": {
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"pub_date": "2022-02-28",
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"decision": {
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"co_filed_documents": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | ELPA |