ELSEN CONSULTING
ActiveELSEN CONSULTING has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €317k and a net result of €38k. Equity is growing by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 68% of 17007 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▼-2
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 2.1 against 2.94 in 2024; short-term debt: 18.1% and cash: 5.4% of total assets), and 24.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 62
Relative position
BE, all sectors
reference
Sector 62
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
75.7%
Return on assets
9%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 04-07-2026, 27 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
27 d early
2024
37 d early
2023
2 d early
2022
28 d early
2021
4 d early
2020
82 d late
2019
122 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€317k▲ 0.7%
2024 · €315k
2018: €209k
2019: €239k
2020: €275k
2021: €311k
2022: €353k
2023: €297k
2024: €315k
2018 → 2025
Total assets
€419k▲ 14.8%
2024 · €365k
2018: €365k
2019: €365k
2020: €370k
2021: €386k
2022: €433k
2023: €445k
2024: €365k
2018 → 2025
Net result
€38k▼ 0.5%
2024 · €38k
2018: €34k
2019: €30k
2020: €36k
2021: €36k
2022: €42k
2023: €44k
2024: €38k
2018 → 2025
Working capital
€84k▼ 13.8%
2024 · €97k
2018: €70k
2019: €91k
2020: €120k
2021: €108k
2022: €135k
2023: €71k
2024: €97k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€311k-€353k▲ 13.5%€297k▼ 15.8%€315k▲ 6.0%€317k▲ 0.7%
Operating result€49k-€60k▲ 22.6%€63k▲ 5.7%€56k▼ 11.7%€56k▲ 0.1%
Net result€36k-€42k▲ 15.5%€44k▲ 4.8%€38k▼ 14.0%€38k▼ 0.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 0% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €419k
Fixed assets
€260k▲ 19.1%
Current assets
€160k▲ 8.5%
Equity and liabilities €419k
Equity
€317k▲ 0.7%
Debt
€102k▲ 104%
The debt ratio rises from 13.7% to 24.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€82k▲
2024 · €70k
Cash flow
€63k▲
2024 · €52k
Solvency
75.7%▼
2024 · 86.3%
Current ratio
2.10▼
2024 · 2.94
Quick ratio
2.10▼
2024 · 2.94
Debt / equity
0.32▲
2024 · 0.16
ROE
11.9%▼
2024 · 12.0%
ROA
9.0%▼
2024 · 10.4%
Interest coverage
56.62▲
2024 · 54.13
Debt
€102k▲
2024 · €50k
Debt ≤ 1 year
€76k▲
2024 · €50k
Debt > 1 year
€26k
Income taxes
€17k▲
2024 · €17k
Staff costs
€623
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€365k€419k▲
Fixed assets21/28€218k€260k▲
Tangible fixed assets22/27€218k€260k▲
Land and buildings22€211k€199k▼
Plant, machinery and equipment23€3k€5k▲
Furniture and vehicles24€4k€56k▲
Current assets29/58€147k€160k▲
Amounts receivable within one year40/41€125k€128k▲
Trade receivables40€37k€41k▲
Other amounts receivable41€88k€86k▼
Current investments50/53-€7k
Cash at bank and in hand54/58€20k€23k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€365k€419k▲
Equity10/15€315k€317k▲
Contributions10/11€6k€6k=
Reserves13€309k€311k▲
Distributable reserves133€309k€311k▲
Amounts payable17/49€50k€102k▲
Amounts payable after more than one year17-€26k
Financial debts170/4-€26k
Amounts payable within one year42/48€50k€76k▲
Current portion of amounts payable after more than one year42€13k€18k▲
Trade debts44€4k€3k▼
Suppliers440/4€4k€3k▼
Taxes, remuneration and social security45€14k€20k▲
Taxes450/3€14k€20k▲
Other amounts payable47/48€20k€36k▲
Income statement
Code20242025
Remuneration, social security and pensions62-€623
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€26k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€72k€84k▲
Operating profit (loss)9901€56k€56k▲
Financial income75/76B€17€168▲
Recurring financial income75€17€168▲
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€55k€55k▲
Income taxes67/77€17k€17k▲
Profit (loss) for the period9904€38k€38k▼
Profit (loss) for the period to be appropriated9905€38k€38k▼
Appropriation of the result
Profit (loss) to be appropriated9906€38k€38k▼
Transfer from equity791/2€20k€36k▲
Transfer to equity691/2€38k€38k▼
To other reserves6921€38k€38k▼
Profit to be distributed694/7€20k€36k▲
Return on contributions (dividend)694€20k€36k▲
The notes to these accounts (9 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
04-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €44k ▲4.8%
Operating result €63k, net result €44k, both a record.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
21-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 82 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
31-12
Financial
Weakest financial yearnet €30k ▼10.7%
Net result drops to €30k, the lowest in the series; recovery starts the following year.
09-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 70 days late
2018
30-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 91 days late
2017
15-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 76 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Aarschot · 1 establishment unit since 2012
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.
Vennestraat 1233201 AarschotGround area
1,228 m²
Building footprint
122 m²
Volume, LiDAR
619 m³
Parcel 24652G0606/00S000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Elsen Consulting
since 20122.214.569.485
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24652G0606/00S000 | Flanders | 1,228 m² | 1 · 121 m² | 9.1 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.
Recognitions · licences · registrations
Legal Entity Identifier
984500A11CA42G6E3C78
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Of 30,000 companies in sector 62200 we hold annual accounts for 18,392. 13,584 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-11-2012
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
62010Computer programming, consultancy and related activities
62030Computer programming, consultancy and related activities
62900Other information technology and computer services
62100Computer programming
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
68201Renting and operating of own or leased residential real estate, excluding social housing
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.