ELSHOVEN
ActiveSummary
ELSHOVEN has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €814,879 and a net result of €92,867. Equity is growing by ~25.6% per year across the filed fiscal years. Its solvency ranks better than 79% of 488 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability79▼-11
Solvency99▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75,000 at 30 days acceptable
Liquidity ample (current ratio 9.2 against 17.63 in 2024; short-term debt: 4.9% and cash: 37.4% of total assets), and 26.3% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
73.7%
Return on assets
8.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
26 d late
2024
20 d late
2023
14 d late
2022
29 d late
2021
31 d late
2020
31 d late
2019
92 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 35 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 26 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#6 oldest company in Bocholt, Agriculture, forestry and fishing sector#9 company by equity in Bocholt, Agriculture, forestry and fishing sector
Turnover
€434,997
EBIT margin
3.9%
Net result
€92,867▼ 30.8%
2024 · €134,224
Working capital
€441,568▼ 30.2%
2024 · €632,384
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result€187,831▲ 19.0%€152,941▼ 18.6%€166,253▲ 8.7%€201,050▲ 20.9%€150,671▼ 25.1%
Net result€125,403within the sector's middle half▲ 15.6%€102,950within the sector's middle half▼ 17.9%€112,597within the sector's middle half▲ 9.4%€134,224within the sector's middle half▲ 19.2%€92,867within the sector's middle half▼ 30.8%
EBIT margin
Equity€381,442within the sector's middle half▲ 48.1%€482,792within the sector's middle half▲ 26.6%€593,788within the sector's middle half▲ 23.0%€725,012within the sector's middle half▲ 22.1%€814,879within the sector's middle half▲ 12.4%
Total assets€579,373below the sector's middle half▲ 8.4%€612,578below the sector's middle half▲ 5.7%€633,932below the sector's middle half▲ 3.5%€778,717below the sector's middle half▲ 22.8%€1.1mwithin the sector's middle half▲ 42.0%
Debt€197,931▼ 28.4%€129,787▼ 34.4%€40,143▼ 69.1%€53,705▲ 33.8%€290,574▲ 441%
Working capital€266,168within the sector's middle half▲ 76.9%€393,678within the sector's middle half▲ 47.9%€492,320within the sector's middle half▲ 25.1%€632,384within the sector's middle half▲ 28.4%€441,568within the sector's middle half▼ 30.2%
Solvency65.8%above the sector's middle half▲ 17.6pp78.8%above the sector's middle half▲ 13.0pp93.7%above the sector's middle half▲ 14.9pp93.1%above the sector's middle half▼ 0.6pp73.7%above the sector's middle half▼ 19.4pp
Current ratio2.67above the sector's middle half▲ 1.024.83above the sector's middle half▲ 2.1627.52above the sector's middle half▲ 22.7017.63above the sector's middle half▼ 9.909.20above the sector's middle half▼ 8.43
Return on assets (ROA)21.6%above the sector's middle half▲ 1.3pp16.8%above the sector's middle half▼ 4.8pp17.8%above the sector's middle half▲ 1.0pp17.2%above the sector's middle half▼ 0.5pp8.4%above the sector's middle half▼ 8.8pp
above
within
below
the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 25% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.1m
Fixed assets
€610,022 ▲ 463%
Current assets
€495,432 ▼ 26.1%
Equity and liabilities €1.1m
Equity
€814,879 ▲ 12.4%
Debt
€290,574 ▲ 441%
Debt's share of the balance-sheet total rises from 6.9% to 26.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€193,561▼
2024 · €220,856
Cash flow
€135,757▼
2024 · €154,029
Quick ratio
8.43▼
2024 · 16.25
Debt to equity
0.36▲
2024 · 0.07
ROE
11.4%▼
2024 · 18.5%
Interest coverage
16.50▼
2024 · 378.05
Debt ≤ 1 year
€53,864▲
2024 · €38,038
Debt > 1 year
€236,489▲
2024 · €15,667
Income taxes
€41,286▼
2024 · €66,281
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,341 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% | 1.8% |
| 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 20,134 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25,392 | €20,017 | €19,373 | €19,806 | €42,890 | ▲ 117% |
| Other operating charges640/8 | €5,705 | €5,829 | €7,298 | €6,261 | €8,796 | ▲ 40.5% |
| Non-recurring operating charges66A | - | €19,418 | €8,250 | - | - | - |
| Gross operating margin9900 | €218,927 | €198,205 | €201,174 | €227,116 | €202,358 | ▼ 10.9% |
| Operating profit (loss)9901 | €187,831 | €152,941 | €166,253 | €201,050 | €150,671 | ▼ 25.1% |
| Financial income75/76B | €742 | €190 | - | €39 | €1,256 | ▲ 3,141% |
| Recurring financial income75 | €742 | €190 | - | €39 | €1,256 | ▲ 3,141% |
| Financial charges65/66B | €1,977 | €1,398 | €939 | €584 | €17,775 | ▲ 2,943% |
| Recurring financial charges65 | €1,977 | €1,398 | €939 | €584 | €11,734 | ▲ 1,909% |
| Non-recurring financial charges66B | - | - | - | - | €6,041 | - |
| Profit (loss) for the period before taxes9903 | €186,595 | €151,733 | €165,314 | €200,505 | €134,153 | ▼ 33.1% |
| Income taxes67/77 | €61,192 | €48,783 | €52,717 | €66,281 | €41,286 | ▼ 37.7% |
| Profit (loss) for the period9904 | €125,403 | €102,950 | €112,597 | €134,224 | €92,867 | ▼ 30.8% |
| Transfer from tax-exempt reserves789 | €25,763 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €151,167 | €102,950 | €112,597 | €134,224 | €92,867 | ▼ 30.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €579,373 | €612,578 | €633,932 | €778,717 | €1.1m | ▲ 42.0% |
| Fixed assets21/28 | €153,478 | €116,008 | €123,051 | €108,295 | €610,022 | ▲ 463% |
| Tangible fixed assets22/27 | €153,478 | €116,008 | €123,051 | €108,295 | €610,022 | ▲ 463% |
| Land and buildings22 | €73,378 | €69,013 | €66,651 | €64,290 | €492,410 | ▲ 666% |
| Plant, machinery and equipment23 | €24,557 | €20,250 | €40,413 | €31,143 | €57,879 | ▲ 85.9% |
| Furniture and vehicles24 | €55,542 | €26,745 | €15,987 | €12,862 | €59,733 | ▲ 364% |
| Current assets29/58 | €425,896 | €496,571 | €510,881 | €670,422 | €495,432 | ▼ 26.1% |
| Stocks and contracts in progress3 | €57,721 | €60,121 | €66,206 | €52,136 | €41,490 | ▼ 20.4% |
| Stocks30/36 | €57,721 | €60,121 | €66,206 | €52,136 | €41,490 | ▼ 20.4% |
| Amounts receivable within one year40/41 | €34,184 | €41,264 | €38,670 | €27,595 | €34,761 | ▲ 26.0% |
| Trade receivables40 | €24,051 | €36,740 | €27,578 | €27,595 | €22,946 | ▼ 16.8% |
| Other amounts receivable41 | €10,133 | €4,524 | €11,092 | - | €11,815 | - |
| Cash at bank and in hand54/58 | €333,907 | €389,833 | €403,809 | €588,146 | €413,654 | ▼ 29.7% |
| Deferred charges and accrued income490/1 | €83 | €5,353 | €2,196 | €2,545 | €5,528 | ▲ 117% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €579,373 | €612,578 | €633,932 | €778,717 | €1.1m | ▲ 42.0% |
| Equity10/15 | €381,442 | €482,792 | €593,788 | €725,012 | €814,879 | ▲ 12.4% |
| Contributions10/11 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Capital10 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Issued capital100 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Reserves13 | €281,442 | €382,792 | €493,788 | €625,012 | €714,879 | ▲ 14.4% |
| Non-distributable reserves130/1 | €10,000 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Legal reserve130 | €10,000 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Distributable reserves133 | €271,442 | €372,792 | €483,788 | €615,012 | €704,879 | ▲ 14.6% |
| Amounts payable17/49 | €197,931 | €129,787 | €40,143 | €53,705 | €290,574 | ▲ 441% |
| Amounts payable after more than one year17 | €33,950 | €23,667 | €19,667 | €15,667 | €236,489 | ▲ 1,409% |
| Financial debts170/4 | €33,950 | €23,667 | €19,667 | €15,667 | €236,489 | ▲ 1,409% |
| Amounts payable within one year42/48 | €159,727 | €102,893 | €18,561 | €38,038 | €53,864 | ▲ 41.6% |
| Current portion of amounts payable after more than one year42 | €10,772 | €10,283 | €4,000 | €4,000 | €17,895 | ▲ 347% |
| Trade debts44 | €9,993 | €3,659 | €9,646 | €12,259 | €6,734 | ▼ 45.1% |
| Suppliers440/4 | €9,993 | €3,659 | €9,646 | €12,259 | €6,734 | ▼ 45.1% |
| Taxes, remuneration and social security45 | €57,428 | €1,080 | €1,080 | €17,078 | €18,453 | ▲ 8.1% |
| Taxes450/3 | €49,428 | €1,080 | €1,080 | €17,078 | €16,103 | ▼ 5.7% |
| Remuneration and social security454/9 | €8,000 | - | - | - | €2,350 | - |
| Other amounts payable47/48 | €81,534 | €87,871 | €3,836 | €4,701 | €10,781 | ▲ 129% |
| Accrued charges and deferred income492/3 | €4,254 | €3,227 | €1,915 | - | €221 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €125,403 | €102,950 | €112,597 | €134,224 | €92,867 | ▼ 30.8% |
| + Depreciation and write-downs630 | €25,392 | €20,017 | €19,373 | €19,806 | €42,890 | ▲ 117% |
| Operating cash flow (approximation) | €150,795 | €122,967 | €131,970 | €154,029 | €135,757 | ▼ 11.9% |
| Investment in fixed assets (approximation) | - | €17,453 | -€26,416 | -€5,050 | -€544,617 | ▼ 10,684% |
| Change in cash | - | €55,926 | €13,976 | €184,337 | -€174,492 | ▼ 195% |
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
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 26 days late
2025
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 20 days late
2024
31-12
Financial
Highest result since 2018net €134,224 ▲19.2%
Operating result €201,050, net result €134,224, both a record.
14-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 14 days late
2023
31-12
Financial
Liquidity times 6current ratio 27.52
Current ratio from 4.83 to 27.52; short-term debt falls from €102,893 to €18,561.
31-12
Financial
Equity above €500,000Eq €593,788 ▲23%
6 profitable years in a row build equity to €593,788.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 29 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Equity above €200,000Eq €257,639 ▲72.7%
3 profitable years in a row build equity to €257,639.
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 92 days late
2019
01-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 62 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State 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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Directors · office · real estate
Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Bocholt · 2 establishment units since 2001
Ground area
5,208 m²
Building footprint
645 m²
Volume, LiDAR
5,367 m³
2 parcels, Flanders · tallest building 15.0 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
Elshoven 5, 3950 Bocholt
since 20012.116.277.704
ELSHOVEN
since 20252.372.987.808
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72016D0332/00T003 | Flanders | 3,430 m² | 1 · 374 m² | 11.1 m · 2 fl. |
| 71016I1114/00N000 | Flanders | 1,777 m² | 1 · 271 m² | 15.0 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBocholt2.116.277.704
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Of 206 companies in this sector we hold annual accounts for 82. 64 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPublic limited company
Founded26-01-2001
Fiscal year end31-12
Activities, NACEBEL 2025
01309Crop and animal production, hunting and related service activities
01191Growing of flowers
01301Crop and animal production, hunting and related service activities
46231Wholesale of live animals
47750Retail sale of cosmetics and toilet articles
81300Landscape service activities
93110Operation of sports facilities
96220Beauty care and other beauty treatments
E-invoicing
Reachable via Peppol
Peppol ID
0208:0473937842
Also
9925:BE0473937842
Registered
27-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.