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ELSA EMOI

Active
Private limited companyfounded 2016active for 10 yearsClos Saint-Jean (Piét) 17, 1370 Jodoigne, BelgiumKBO/BCE: BE 0657.842.815

From the official registers: KBO 9 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The annual accounts of ELSA EMOI for financial year 2025 show a net loss of 57% of the equity at the start of that year. The 2025 annual accounts show equity of €7,538 and a net result of -€10,146. Equity has been growing by about 10% per year since 2018. Its solvency ranks better than 29% of 12,757 sector peers (NACE 47, financial year 2025). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.4% (low).

Overview

Official details

KBO
Status
Active since 30-06-2016 Normal situation
Legal form
Private limited company
Registered office
Clos Saint-Jean (Piét) 17, 1370 Jodoigne
Activity
Retail sale of household furniture NACE 47551and 2 others
Establishment unit
2.254.514.679 1370 Jodoigne, since 13-07-2016
Financial year end
31 December
Peppol
Reachable since 02-01-2026

Board and ownership

Board

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.4%
Annual accounts 2025
Gross margin
-€2,550
▼ 104%
Loss
€10,146
▲ 10.0%
Equity
€7,538
▼ 57.4%
Total assets
€41,308
▼ 28.6%
Staff
≈ 0.2 FTE
estimated
Turnover not published (abbreviated or micro format)2025 accounts filed 15 days before the deadline
Filed on 16-07-2026at the National Bank
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €10,146, the second in a row (financial year 2025)1 change of registered office in 24 monthslowers riskLiquidity: current ratio 1.24, cash €13,676Figures for financial year 2025 (filed on 16-07-2026)Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 25% of micro companies in retail trade (NACE 47)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 43-13
equity 18.2% of total assets
Liquidity 50-14
short-term debt 76.5% · cash 33.1%
Profitability 0=
return on assets -24.6%
Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,270 companies, NACE 47, micro)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.2%▼ -0.1 percentage points vs 12-2024lowest value 02-2025: 0.2%● unchanged vs 01-2025lowest value 03-2025: 0.2%● unchanged vs 02-2025lowest value 04-2025: 0.3%▲ +0.1 percentage points vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.7%▲ +0.4 percentage points vs 07-2025 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.8%▲ +0.1 percentage points vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026 08-2026: 1.0%▲ +0.2 percentage points vs 07-2026 09-2026: 1.0%● unchanged vs 08-2026 10-2026: 1.4%▲ +0.4 percentage points vs 09-2026highest value
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is tight, with a current ratio of 1.24 (1.65 in 2024), below the usual 1.5. Short-term debt is 76.5% and cash 33.1% of total assets. 81.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 34% of them on solvency, 50% on liquidity, 6% on profitability and 10% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Loss of €10,146, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 1.24, cash €13,676
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 16-07-2026)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€10,146
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 16-07-2026, 15 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
15 days early
2024
11 days late
2023
on the day
2022
19 days early
2021
2 days early
2020
38 days early
2019
4 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 10 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Less equity than 84% of companies in retail tradesector median €236,771 · 12,767 companies €7,538 View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€10,146 View

Documents

Annual accounts at the NBB

All 9 annual accounts

Articles and registers

Key facts about ELSA EMOI

What is the company number of ELSA EMOI?
The company number of ELSA EMOI is 0657.842.815. The VAT number is the same number with BE in front: BE 0657.842.815.
Where is ELSA EMOI based?
The registered office is at Clos Saint-Jean (Piét) 17, 1370 Jodoigne.Company details
What does ELSA EMOI do?
According to the KBO register, the main activity is retail sale of household furniture (NACE 47551).
What is the legal form of ELSA EMOI?
The legal form of ELSA EMOI is Private limited company (BV).
When was ELSA EMOI founded?
ELSA EMOI was founded on 30-06-2016.
Is ELSA EMOI still active?
Yes, ELSA EMOI is an active enterprise in the KBO register.
What is the turnover of ELSA EMOI?
The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
Is ELSA EMOI profitable?
In financial year 2025, ELSA EMOI made a loss of €10,146.
Where can I find the annual accounts of ELSA EMOI?
ELSA EMOI filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of ELSA EMOI due?
ELSA EMOI must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as ELSA EMOI: retail sale of household furniture (NACE 47551). They are comparable in size and age: total assets between €33,300 and €51,700, founded between 2016 and 2018.

CompanyTotal assetsGross margin
ELSA EMOI Jodoigne€41,308-€2,550
TEAK DE LOOZ Tongeren-Borgloon€41,232-€451
SteigermeubelsXL Lommel€43,807-€2,837
CNR RETAIL Wommelgem€33,257-€786
MEUBLES EXCELLENCE Liège€43,670-€29,933
IT2 Putte€51,708-€12,518
Coryfee Kalmthout€37,481€1,314
Full comparison

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