ELRACO
ActiveELRACO has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €263k and a net result of €112k. Equity is growing by ~9.6% per year across the filed fiscal years. Its solvency ranks better than 56% of 31540 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
89
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+9
Solvency87▼-13
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity ample (current ratio 2.55 against 6.17 in 2024; short-term debt: 35.6% and cash: 29.3% of total assets), and 37.5% 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
62.5%
Return on assets
26.5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
94 d early
2023
19 d early
2022
25 d early
2021
3 d early
2020
16 d late
2019
63 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€263k▲ 8.2%
2024 · €243k
2018: €114k
2019: €174k
2020: €220k
2021: €184k
2022: €180k
2023: €201k
2024: €243k
2018 → 2025
Total assets
€421k▲ 41.1%
2024 · €299k
2018: €218k
2019: €222k
2020: €263k
2021: €311k
2022: €271k
2023: €280k
2024: €299k
2018 → 2025
Net result
€112k▲ 111%
2024 · €53k
2018: €56k
2019: €59k
2020: €46k
2021: €21k
2022: €24k
2023: €41k
2024: €53k
2018 → 2025
Working capital
€233k▲ 8.3%
2024 · €215k
2018: €106k
2019: €157k
2020: €208k
2021: €158k
2022: €156k
2023: €178k
2024: €215k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€184k-€180k▼ 2.3%€201k▲ 11.6%€243k▲ 21.3%€263k▲ 8.2%
Operating result€27k-€32k▲ 20.4%€58k▲ 79.1%€72k▲ 25.9%€161k▲ 122%
Net result€21k-€24k▲ 16.4%€41k▲ 69.2%€53k▲ 28.1%€112k▲ 111%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 122% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €421k
Fixed assets
€39k▼ 8.9%
Current assets
€383k▲ 49.4%
Equity and liabilities €421k
Equity
€263k▲ 8.2%
Debt
€158k▲ 186%
The debt ratio rises from 18.5% to 37.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€166k▲
2024 · €78k
Cash flow
€117k▲
2024 · €58k
Solvency
62.5%▼
2024 · 81.5%
Current ratio
2.55▼
2024 · 6.17
Quick ratio
2.46▼
2024 · 6.08
Debt / equity
0.60▲
2024 · 0.23
ROE
42.3%▲
2024 · 21.7%
ROA
26.5%▲
2024 · 17.7%
Interest coverage
76.25▲
2024 · 45.92
Debt
€158k▲
2024 · €55k
Debt ≤ 1 year
€150k▲
2024 · €42k
Debt > 1 year
€8k▼
2024 · €14k
Income taxes
€51k▲
2024 · €22k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€299k€421k▲
Fixed assets21/28€42k€39k▼
Tangible fixed assets22/27€42k€39k▼
Plant, machinery and equipment23€412€156▼
Furniture and vehicles24€5k€5k▼
Other tangible fixed assets26€37k€33k▼
Current assets29/58€256k€383k▲
Amounts receivable after more than one year29€120k€120k=
Other amounts receivable291€120k€120k=
Stocks and contracts in progress3€4k€13k▲
Stocks30/36€4k€13k▲
Amounts receivable within one year40/41€49k€116k▲
Trade receivables40€31k€96k▲
Other amounts receivable41€18k€20k▲
Current investments50/53-€0
Cash at bank and in hand54/58€75k€124k▲
Deferred charges and accrued income490/1€8k€10k▲
Equity and liabilities
Total equity and liabilities10/49€299k€421k▲
Equity10/15€243k€263k▲
Contributions10/11€6k€6k=
Reserves13€237k€257k▲
Distributable reserves133€237k€257k▲
Profit (loss) carried forward14-€0
Amounts payable17/49€55k€158k▲
Amounts payable after more than one year17€14k€8k▼
Financial debts170/4€14k€8k▼
Amounts payable within one year42/48€42k€150k▲
Current portion of amounts payable after more than one year42€6k€6k▲
Financial debts43€8k€12k▲
Credit institutions430/8€8k€12k▲
Trade debts44€3k€5k▲
Suppliers440/4€3k€5k▲
Taxes, remuneration and social security45€14k€36k▲
Taxes450/3€11k€33k▲
Remuneration and social security454/9€3k€3k=
Other amounts payable47/48€10k€92k▲
Income statement
Code20242025
Non-recurring operating income76A-€4k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€79k€168k▲
Operating profit (loss)9901€72k€161k▲
Financial income75/76B€4k€4k▼
Recurring financial income75€4k€4k▼
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€75k€162k▲
Income taxes67/77€22k€51k▲
Profit (loss) for the period9904€53k€112k▲
Profit (loss) for the period to be appropriated9905€53k€112k▲
Appropriation of the result
Profit (loss) to be appropriated9906€53k€112k▲
Transfer from equity791/2-€92k
Transfer to equity691/2€43k€112k▲
To other reserves6921€43k€112k▲
Profit to be distributed694/7€10k€92k▲
Return on contributions (dividend)694€10k€92k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €112k ▲111%
Operating result €161k, net result €112k, both a record.
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €200kEq €201k ▲11.6%
6 profitable years in a row build equity to €201k.
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €21k ▼55%
Net result drops to €21k, the lowest in the series; recovery starts the following year.
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
2020
31-12
Financial
Equity above €200kEq €220k ▲26.7%
3 profitable years in a row build equity to €220k.
02-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 63 days late
2019
31-12
Financial
Equity above €150kEq €174k ▲52%
2 profitable years in a row build equity to €174k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · 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, Tongeren-Borgloon · 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.
de Schaetzengaarde 223700 Tongeren-BorgloonGround area
687 m²
Building footprint
139 m²
Volume, LiDAR
872 m³
Parcel 73083D0252/00T000, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ELRACO
since 20152.244.274.548
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73083D0252/00T000 | Flanders | 687 m² | 1 · 139 m² | 10.3 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
VERTICON
BE 0847.525.325
Herenthout · Eq €263k
ARJUMA
BE 0761.631.132
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BLUE HEAT
BE 0837.271.633
Bonheiden · Eq €263k
OFFIMCOM
BE 0465.370.069
Boortmeerbeek · Eq €263k
BALANCE
BE 0779.773.595
Zemst · Eq €263k
Of 82,546 companies in sector 70200 we hold annual accounts for 52,562. 38,722 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-07-2015
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
82990Other business support services
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.