ELSAFLO
ActiveSummary
ELSAFLO has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €114,032 and a net result of €34,767. Equity is growing by ~47.3% per year across the filed fiscal years. Its solvency ranks better than 91% of 7838 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
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Signals
This company filed its last 3 accounts on average 4 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Turnover70 | €66,600 | €97,757 | €89,443 | ▼ 8.5% |
| Goods, raw materials, services and sundry goods60/61 | €30,890 | €42,676 | €41,598 | ▼ 2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €40 | €791 | €791 | = |
| Other operating charges640/8 | - | €80 | €80 | = |
| Gross operating margin9900 | €35,710 | €55,081 | €47,845 | ▼ 13.1% |
| Operating profit (loss)9901 | €35,669 | €54,209 | €46,973 | ▼ 13.3% |
| Financial income75/76B | €30 | - | - | - |
| Recurring financial income75 | €30 | - | - | - |
| Financial charges65/66B | €120 | €45 | €27 | ▼ 40.0% |
| Recurring financial charges65 | €120 | €45 | €27 | ▼ 40.0% |
| Profit (loss) for the period before taxes9903 | €35,579 | €54,164 | €46,946 | ▼ 13.3% |
| Income taxes67/77 | €8,895 | €13,984 | €12,179 | ▼ 12.9% |
| Profit (loss) for the period9904 | €26,684 | €40,181 | €34,767 | ▼ 13.5% |
| Profit (loss) for the period to be appropriated9905 | €26,684 | €40,181 | €34,767 | ▼ 13.5% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €49,542 | €87,028 | €123,473 | ▲ 41.9% |
| Fixed assets21/28 | €439 | €2,778 | €1,987 | ▼ 28.5% |
| Tangible fixed assets22/27 | €439 | €2,778 | €1,987 | ▼ 28.5% |
| Furniture and vehicles24 | €439 | €2,778 | €1,987 | ▼ 28.5% |
| Current assets29/58 | €49,103 | €84,250 | €121,486 | ▲ 44.2% |
| Amounts receivable within one year40/41 | €22,264 | €32,036 | €23,699 | ▼ 26.0% |
| Trade receivables40 | €22,264 | €32,036 | €18,378 | ▼ 42.6% |
| Other amounts receivable41 | - | - | €5,321 | - |
| Cash at bank and in hand54/58 | €26,839 | €52,214 | €97,787 | ▲ 87.3% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €49,542 | €87,028 | €123,473 | ▲ 41.9% |
| Equity10/15 | €39,084 | €79,265 | €114,032 | ▲ 43.9% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | = |
| Profit (loss) carried forward14 | €26,684 | €66,865 | €101,632 | ▲ 52.0% |
| Amounts payable17/49 | €10,458 | €7,763 | €9,441 | ▲ 21.6% |
| Amounts payable within one year42/48 | €10,458 | €7,763 | €9,441 | ▲ 21.6% |
| Trade debts44 | €630 | €1,280 | €1,484 | ▲ 15.9% |
| Suppliers440/4 | €630 | €1,280 | €1,484 | ▲ 15.9% |
| Taxes, remuneration and social security45 | €8,979 | €6,434 | €4,944 | ▼ 23.2% |
| Taxes450/3 | €8,979 | €6,434 | €4,944 | ▼ 23.2% |
| Other amounts payable47/48 | €849 | €49 | €3,013 | ▲ 6,020% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €26,684 | €40,181 | €34,767 | ▼ 13.5% |
| + Depreciation and write-downs630 | €40 | €791 | €791 | = |
| Operating cash flow (approximation) | €26,724 | €40,972 | €35,558 | ▼ 13.2% |
| Investment in fixed assets (approximation) | - | -€3,131 | €0 | ▲ 100% |
| Change in cash | - | €25,375 | €45,573 | ▲ 79.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25055C0039/00A002 | Wallonia | 989 m² | 1 · 145 m² | 4.3 m · 1 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.