ELSCOLAB
ActiveSummary
ELSCOLAB has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €6.73M and a net result of €1.66M. Equity is growing by ~12.5% per year across the filed fiscal years. Its solvency ranks better than 76% of 5989 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
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Financials · fiscal year 2024, full schema
Filed annual accounts As filed with the NBB · 2024 against 2023 · 87 lines
The notes to these accounts (77 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €16.50M | €17.44M | €19.12M | €17.62M | ▼ 7.9% |
| Turnover70 | €15.61M | €16.31M | €17.20M | €18.86M | €17.02M | ▼ 9.8% |
| Other operating income74 | - | €181k | €229k | €254k | €602k | ▲ 137% |
| Non-recurring operating income76A | - | €7k | €15k | €5k | - | - |
| Operating charges60/66A | - | €14.15M | €15.51M | €16.79M | €15.89M | ▼ 5.3% |
| Goods for resale, raw materials and consumables60 | - | €10.05M | €11.09M | €11.70M | €10.50M | ▼ 10.2% |
| Purchases600/8 | - | €10.09M | €12.04M | €10.97M | €10.51M | ▼ 4.2% |
| Change in stocks: decrease (increase)609 | - | €-39k | €-956k | €725k | €-12k | ▼ 102% |
| Services and other goods61 | - | €1.50M | €1.75M | €1.93M | €2.02M | ▲ 4.6% |
| Remuneration, social security and pensions62 | - | €2.39M | €2.43M | €2.89M | €3.11M | ▲ 7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €118k | €131k | €149k | €174k | €196k | ▲ 12.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €48k | €79k | €73k | €66k | ▼ 10.7% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €9k | €12k | €10k | €-6k | ▼ 161% |
| Other operating charges640/8 | - | €12k | €11k | €12k | €10k | ▼ 17.3% |
| Non-recurring operating charges66A | - | €3k | - | €2k | €261 | ▼ 83.2% |
| Operating profit (loss)9901 | €2.08M | €2.35M | €1.93M | €2.33M | €1.73M | ▼ 26.0% |
| Financial income75/76B | - | €273k | €341k | €494k | €483k | ▼ 2.1% |
| Recurring financial income75 | €220k | €273k | €341k | €494k | €483k | ▼ 2.1% |
| Income from financial fixed assets750 | - | €204k | €246k | €410k | €328k | ▼ 20.0% |
| Income from current assets751 | - | €843 | €4k | €4k | €41k | ▲ 952% |
| Other financial income752/9 | - | €69k | €90k | €80k | €114k | ▲ 43.2% |
| Financial charges65/66B | - | €107k | €301k | €-39k | €67k | ▲ 273% |
| Recurring financial charges65 | €66k | €107k | €301k | €-39k | €67k | ▲ 273% |
| Debt charges650 | - | - | €31 | - | €37 | - |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651 | - | - | €146k | €-138k | €-8k | ▲ 94.2% |
| Other financial charges652/9 | - | €107k | €155k | €99k | €75k | ▼ 24.7% |
| Profit (loss) for the period before taxes9903 | €2.23M | €2.52M | €1.97M | €2.87M | €2.14M | ▼ 25.2% |
| Income taxes67/77 | €547k | €607k | €501k | €612k | €480k | ▼ 21.7% |
| Taxes670/3 | - | €608k | €501k | €612k | €480k | ▼ 21.6% |
| Tax adjustments and reversals of tax provisions77 | - | €2k | - | - | €379 | - |
| Profit (loss) for the period9904 | €1.69M | €1.91M | €1.46M | €2.25M | €1.66M | ▼ 26.2% |
| Profit (loss) for the period to be appropriated9905 | €1.69M | €1.91M | €1.46M | €2.25M | €1.66M | ▼ 26.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €7.72M | €8.83M | €10.40M | €10.39M | €10.26M | ▼ 1.3% |
| Fixed assets21/28 | €1.04M | €1.08M | €1.28M | €1.61M | €1.54M | ▼ 4.0% |
| Intangible fixed assets21 | €448 | - | - | - | €0 | - |
| Tangible fixed assets22/27 | €423k | €440k | €453k | €774k | €694k | ▼ 10.3% |
| Land and buildings22 | - | €11k | €8k | €5k | €2k | ▼ 64.9% |
| Plant, machinery and equipment23 | - | €90k | €73k | €51k | €45k | ▼ 12.0% |
| Furniture and vehicles24 | - | €333k | €319k | €549k | €449k | ▼ 18.3% |
| Other tangible fixed assets26 | - | €6k | €53k | €169k | €199k | ▲ 17.9% |
| Financial fixed assets28 | €615k | €644k | €827k | €832k | €848k | ▲ 1.9% |
| Affiliated companies280/1 | - | €459k | €459k | €459k | €459k | = |
| Participating interests280 | - | €459k | €459k | €459k | €459k | = |
| Other financial fixed assets284/8 | - | €185k | €368k | €373k | €389k | ▲ 4.3% |
| Amounts receivable and cash guarantees285/8 | - | €185k | €368k | €373k | €389k | ▲ 4.3% |
| Current assets29/58 | €6.68M | €7.75M | €9.12M | €8.78M | €8.71M | ▼ 0.8% |
| Stocks and contracts in progress3 | €1.06M | €1.08M | €1.96M | €1.16M | €1.08M | ▼ 6.4% |
| Stocks30/36 | - | €1.08M | €1.96M | €1.16M | €1.08M | ▼ 6.4% |
| Goods purchased for resale34 | - | €1.08M | €1.96M | €1.16M | €1.08M | ▼ 6.4% |
| Amounts receivable within one year40/41 | €3.74M | €4.29M | €5.23M | €4.09M | €3.58M | ▼ 12.3% |
| Trade receivables40 | - | €4.28M | €5.12M | €3.98M | €3.55M | ▼ 10.7% |
| Other amounts receivable41 | - | €2k | €109k | €111k | €35k | ▼ 68.9% |
| Current investments50/53 | - | €877k | €665k | €807k | €1.84M | ▲ 128% |
| Other investments51/53 | - | €877k | €665k | €807k | €1.84M | ▲ 128% |
| Cash at bank and in hand54/58 | €1.85M | €1.48M | €1.24M | €2.71M | €1.95M | ▼ 28.0% |
| Deferred charges and accrued income490/1 | - | €21k | €25k | €15k | €255k | ▲ 1,569% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €7.72M | €8.83M | €10.40M | €10.39M | €10.26M | ▼ 1.3% |
| Equity10/15 | €4.49M | €5.21M | €5.66M | €6.36M | €6.73M | ▲ 5.7% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | - | €62k | €62k | €62k | €62k | = |
| Issued capital100 | - | €62k | €62k | €62k | €62k | = |
| Reserves13 | €4.43M | €5.14M | €5.60M | €6.30M | €6.66M | ▲ 5.8% |
| Non-distributable reserves130/1 | - | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | - | €6k | €6k | €6k | €6k | = |
| Tax-exempt reserves132 | - | €25k | €25k | €25k | €25k | = |
| Distributable reserves133 | - | €5.11M | €5.57M | €6.27M | €6.63M | ▲ 5.8% |
| Provisions and deferred taxes16 | €136k | €145k | €157k | €167k | €161k | ▼ 3.6% |
| Provisions for liabilities and charges160/5 | - | €145k | €157k | €167k | €161k | ▼ 3.6% |
| Pensions and similar obligations160 | - | €18k | €19k | €20k | €20k | ▼ 1.1% |
| Other liabilities and charges164/5 | - | €127k | €138k | €147k | €141k | ▼ 3.9% |
| Amounts payable17/49 | €3.09M | €3.48M | €4.59M | €3.86M | €3.37M | ▼ 12.7% |
| Amounts payable within one year42/48 | €3.09M | €3.48M | €4.57M | €3.86M | €3.37M | ▼ 12.7% |
| Financial debts43 | - | - | €16 | - | - | - |
| Credit institutions430/8 | - | - | €16 | - | - | - |
| Trade debts44 | €1.36M | €1.24M | €1.94M | €1.36M | €1.21M | ▼ 11.0% |
| Suppliers440/4 | - | €1.24M | €1.94M | €1.36M | €1.21M | ▼ 11.0% |
| Advances received on contracts in progress46 | - | €204k | €894k | €135k | €106k | ▼ 21.2% |
| Taxes, remuneration and social security45 | - | €841k | €727k | €806k | €746k | ▼ 7.5% |
| Taxes450/3 | - | €460k | €383k | €389k | €358k | ▼ 8.0% |
| Remuneration and social security454/9 | - | €381k | €345k | €417k | €388k | ▼ 7.0% |
| Other amounts payable47/48 | - | €1.20M | €1.02M | €1.55M | €1.30M | ▼ 16.2% |
| Accrued charges and deferred income492/3 | - | €193 | €13k | €261 | €3k | ▲ 929% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.69M | €1.91M | €1.46M | €2.25M | €1.66M | ▼ 26.2% |
| + Depreciation and write-downs630 | €118k | €131k | €149k | €174k | €196k | ▲ 12.8% |
| Operating cash flow (approximation) | €1.81M | €2.04M | €1.61M | €2.43M | €1.86M | ▼ 23.4% |
| Investment in fixed assets (approximation) | - | €-177k | €-345k | €-499k | €-133k | ▲ 73.4% |
| Change in cash | - | €-364k | €-241k | €1.47M | €-760k | ▼ 152% |
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 19 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
2 establishment units
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46013A0041/00B000 | Flanders | 8,719 m² | - | - |
Linked by address, not proof of ownership
Public money · subsidies and aid
Flemish government
2022 to 2025 · 7 entries · 26,441 EUR awarded · 26,242 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,324 EUR | 1,324 EUR |
| 2024 | 2 | 13,032 EUR | 12,833 EUR |
| 2023 | 2 | 7,272 EUR | 7,304 EUR |
| 2022 | 2 | 4,813 EUR | 4,781 EUR |
Recognitions · licences · registrations
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Similar companies · same sector, comparable size
Identification & contact
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