ELQOO
ActiveELQOO has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €76k and a net result of €37k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 87% of 20783 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 8.89 against 3.21 in 2023; short-term debt: 10.2% and cash: 7.1% of total assets), and 10.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers 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 · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €76k
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 25-06-2025, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
40 d early
2022
on the day
2021
23 d late
2020
89 d late
2019
33 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€76k▲ 94.8%
2023 · €39k
2018: €5k
2019: €6k
2020: €5k
2021: €3k
2022: €160
2023: €39k
2018 → 2024
Total assets
€84k▲ 62.3%
2023 · €52k
2018: €9k
2019: €10k
2020: €5k
2021: €4k
2022: €3k
2023: €52k
2018 → 2024
Net result
€37k▼ 4.8%
2023 · €39k
2018: €-14k
2019: €1k
2020: €-1k
2021: €-2k
2022: €-2k
2023: €39k
2018 → 2024
Working capital
€68k▲ 136%
2023 · €29k
2018: €4k
2019: €6k
2020: €5k
2021: €3k
2022: €-575
2023: €29k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€5k-€3k▼ 45.2%€160▼ 93.7%€39k▲ 24,172%€76k▲ 94.8%
Operating result€-1k-€-2k▼ 99.8%€-2k▼ 14.6%€45k€47k▲ 3.9%
Net result€-1k-€-2k▼ 91.5%€-2k▼ 13.6%€39k€37k▼ 4.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 4% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €84k
Fixed assets
€8k▼ 23.8%
Current assets
€77k▲ 82.8%
Equity and liabilities €84k
Equity
€76k▲ 94.8%
Debt
€9k▼ 33.6%
The debt ratio falls from 25.3% to 10.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€49k▲
2023 · €46k
Cash flow
€39k▼
2023 · €39k
Solvency
89.6%▲
2023 · 74.7%
Current ratio
8.89▲
2023 · 3.21
Quick ratio
8.89▲
2023 · 3.21
Debt / equity
0.12▼
2023 · 0.34
ROE
48.7%▼
2023 · 99.6%
ROA
43.6%▼
2023 · 74.4%
Interest coverage
44.25▲
2023 · 42.74
Debt
€9k▼
2023 · €13k
Debt ≤ 1 year
€9k▼
2023 · €13k
Income taxes
€9k▲
2023 · €6k
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€52k€84k▲
Fixed assets21/28€10k€8k▼
Tangible fixed assets22/27€10k€8k▼
Furniture and vehicles24€10k€8k▼
Current assets29/58€42k€77k▲
Amounts receivable within one year40/41€13k€11k▼
Trade receivables40€10k€11k▲
Other amounts receivable41€3k€18▼
Current investments50/53-€58k
Cash at bank and in hand54/58€27k€6k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€52k€84k▲
Equity10/15€39k€76k▲
Contributions10/11€6k€6k=
Reserves13€33k€69k▲
Distributable reserves133€33k€69k▲
Amounts payable17/49€13k€9k▼
Amounts payable within one year42/48€13k€9k▼
Financial debts43€90€5▼
Credit institutions430/8€90€5▼
Trade debts44€2k€2k▼
Suppliers440/4€2k€2k▼
Taxes, remuneration and social security45€10k€6k▼
Taxes450/3€8k€6k▼
Remuneration and social security454/9€2k-
Other amounts payable47/48€1k€2k▲
Accrued charges and deferred income492/3€90€116▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€637€2k▲
Other operating charges640/8€695€635▼
Gross operating margin9900€47k€50k▲
Operating profit (loss)9901€45k€47k▲
Financial income75/76B-€334
Recurring financial income75-€334
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€44k€46k▲
Income taxes67/77€6k€9k▲
Profit (loss) for the period9904€39k€37k▼
Profit (loss) for the period to be appropriated9905€39k€37k▼
Appropriation of the result
Profit (loss) to be appropriated9906€19k€37k▲
Profit (loss) brought forward from the previous period14P€-20k-
Transfer to equity691/2€19k€37k▲
To other reserves6921€19k€37k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 8.89
Current ratio from 3.21 to 8.89; short-term debt falls from €13k to €9k.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €39k
Net result €39k after 3 loss-making years.
31-12
Financial
Liquidity quadruplescurrent ratio 3.21
Current ratio from 0.78 to 3.21.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
31-12
Financial
Liquidity times 7current ratio 17.02
Current ratio from 2.32 to 17.02; short-term debt falls from €4k to €289.
02-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 33 days late
2019
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
01-07
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
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, Zulte · 1 establishment unit since 2015
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.
Rijksweg 1029870 ZulteGround area
806 m²
Building footprint
129 m²
Volume, LiDAR
799 m³
Parcel 44037A0827/00D004, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
elqoo
since 20152.239.592.418
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44037A0827/00D004 | Flanders | 806 m² | 1 · 129 m² | 10.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Temit
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Brutus Group
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BEATSTAD
BE 0721.427.008
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Re.work
BE 0674.831.671
Kontich · Eq €76k
EVI & GLENN
BE 0675.816.123
Aarschot · Eq €76k
Of 29,995 companies in sector 62200 we hold annual accounts for 18,391. 15,577 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-01-2015
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
62010Computer programming, consultancy and related activities
62900Other information technology and computer services
62100Computer programming
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.