ELSMERE ENTERPRISES
ActiveELSMERE ENTERPRISES has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €28k and a net result of €3k. Equity is shrinking by ~5% per year across the filed fiscal years. Its solvency ranks better than 55% of 7689 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
98
/ 100
Excellent▲ +46 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability56▲+56
Solvency98▼-2
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 2.3 against 3.33 in 2024), and 43.2% 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 82
Relative position
BE, all sectors
reference
Sector 82
lower
← 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
56.8%
Return on assets
6.4%
Age of the figures
8 mo
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 11-05-2026, 81 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
81 d early
2024
104 d early
2023
103 d early
2022
60 d early
2021
26 d late
2020
1 d early
2019
63 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€28k▼ 26.0%
2024 · €38k
2018: €42k
2019: €49k
2020: €53k
2021: €43k
2022: €29k
2023: €54k
2024: €38k
2018 → 2025
Total assets
€50k▼ 8.3%
2024 · €55k
2018: €50k
2019: €63k
2020: €88k
2021: €89k
2022: €61k
2023: €78k
2024: €55k
2018 → 2025
Net result
€3k
2024 · €-16k
2018: €1k
2019: €16k
2020: €19k
2021: €-10k
2022: €12k
2023: €27k
2024: €-16k
2018 → 2025
Working capital
€28k▼ 25.2%
2024 · €38k
2018: €42k
2019: €49k
2020: €52k
2021: €42k
2022: €29k
2023: €53k
2024: €38k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€43k-€29k▼ 30.9%€54k▲ 84.7%€38k▼ 29.3%€28k▼ 26.0%
Operating result€-20k-€16k€37k▲ 139%€-17k€4k
Net result€-10k-€12k€27k▲ 123%€-16k€3k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €4k after a loss of €17k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €50k
Fixed assets
€279▼ 65.1%
Current assets
€50k▼ 7.5%
Equity and liabilities €50k
Equity
€28k▼ 26.0%
Debt
€22k▲ 33.6%
The debt ratio rises from 29.6% to 43.2%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€4k▲
2024 · €-16k
Cash flow
€4k▲
2024 · €-15k
Solvency
56.8%▼
2024 · 70.4%
Current ratio
2.30▼
2024 · 3.33
Quick ratio
2.30▼
2024 · 3.33
Debt / equity
0.76▲
2024 · 0.42
ROE
11.3%▲
2024 · -41.5%
ROA
6.4%▲
2024 · -29.2%
Interest coverage
9.85▲
2024 · -75.78
Debt
€22k▲
2024 · €16k
Debt ≤ 1 year
€22k▲
2024 · €16k
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€55k€50k▼
Fixed assets21/28€799€279▼
Tangible fixed assets22/27€799€279▼
Furniture and vehicles24€799€279▼
Current assets29/58€54k€50k▼
Amounts receivable within one year40/41€14k€10k▼
Trade receivables40€13k€10k▼
Other amounts receivable41€528€296▼
Cash at bank and in hand54/58€40k€40k▼
Equity and liabilities
Total equity and liabilities10/49€55k€50k▼
Equity10/15€38k€28k▼
Contributions10/11€14k€14k=
Reserves13€40k€27k▼
Distributable reserves133€40k€27k▼
Profit (loss) carried forward14€-16k€-13k▲
Amounts payable17/49€16k€22k▲
Amounts payable within one year42/48€16k€22k▲
Trade debts44€793€3k▲
Suppliers440/4€793€3k▲
Taxes, remuneration and social security45€5k-
Taxes450/3€5k-
Other amounts payable47/48€10k€19k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€520€520=
Other operating charges640/8€780€2k▲
Gross operating margin9900€-15k€6k▲
Operating profit (loss)9901€-17k€4k▲
Financial income75/76B€756-
Recurring financial income75€756-
Financial charges65/66B€211€422▲
Recurring financial charges65€211€422▲
Profit (loss) for the period before taxes9903€-16k€3k▲
Profit (loss) for the period9904€-16k€3k▲
Profit (loss) for the period to be appropriated9905€-16k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-16k€-13k▲
Profit (loss) brought forward from the previous period14P-€-16k
Transfer from equity791/2-€13k
Profit to be distributed694/7-€13k
Return on contributions (dividend)694-€13k
The notes to these accounts (4 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
11-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
18-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-16k ▼160%
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
19-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €27k ▲123%
Operating result €37k, net result €27k, both a record.
01-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
02-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 63 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Zaventem · 1 establishment unit since 2002
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.
Waalsestraat 1071933 ZaventemGround area
345 m²
Building footprint
106 m²
Volume, LiDAR
773 m³
Parcel 23082D0133/00E000, Flanders · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ELSMERE ENTERPRISES
since 20022.114.639.788
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23082D0133/00E000 | Flanders | 345 m² | 1 · 106 m² | 11.3 m · 3 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.
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Of 24,423 companies in sector 82990 we hold annual accounts for 9,361. 6,289 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-11-2002
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
46170Agents in the wholesale of food, beverages and tobacco
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.