Summary
Elsec is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €9.9m and a net result of €6.1m. Equity is growing by about 3.5% per year across the filed financial years. Its solvency ranks better than 90% of 6,577 sector peers (NACE 64, financial year 2025). The company has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals.
History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
30-09
NBB filing
Annual accounts filed
financial year 2025 · abbreviated format · 61 days late
11-05
Gazette deed
General meeting · Auditor reappointment
Permanent representative · Merger
2025
31-12
Financial
Highest result from 2018 to 2025net €6.1m ▲2,415%
Net result €6.1m, the highest in the series.
31-12
Financial
Equity above €5mequity €9.9m ▲115%
A profit in every financial year since 2018 builds equity to €9.9m.
31-08
NBB filing
Annual accounts filed
financial year 2024 · abbreviated format · 31 days late
23-05
Gazette deed
Incorporation · Founder
Registered office clause · Founding capital
2024
31-08
NBB filing
Annual accounts filed
financial year 2023 · abbreviated format · 31 days late
2023
31-08
NBB filing
Annual accounts filed
financial year 2022 · abbreviated format · 31 days late
2022
30-08
NBB filing
Annual accounts filed
financial year 2021 · abbreviated format · 30 days late
2021
31-08
NBB filing
Annual accounts filed
financial year 2020 · abbreviated format · 31 days late
2020
31-12
Financial
Weakest financial yearnet €143,159 ▼96.9%
Net result drops to €143,159, the lowest in the series; recovery starts the following year.
30-10
NBB filing
Annual accounts filed
financial year 2019 · abbreviated format · 91 days late
Show earlier events
2019
31-12
Financial
Liquidity more than 33 timescurrent ratio 11.56
Current ratio from 0.35 to 11.56; short-term debt falls from €535,695 to €385,903.
31-12
Financial
Equity above €2mequity €4.5m ▲822%
A profit in every financial year since 2018 builds equity to €4.5m.
28-08
NBB filing
Annual accounts filed
financial year 2018 · abbreviated format · 28 days late
2018
31-08
NBB filing
Annual accounts filed
financial year 2017 · abbreviated format · 31 days late
2017
21-08
NBB filing
Annual accounts filed
financial year 2016 · abbreviated format · 21 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 18 annual accounts filed, the latest 10 are here; all 18 are under Financials.
0 of 2 deeds read
About the unread acts
We know of 2 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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