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ELSWARE

Active Private limited companyfounded 2015active for 11 yearsOliemolen 6, 9300 AalstKBO/BCE: BE 0600.965.280

Lifetime

10 annual accounts with figures on one time axis
peak €111,982 (2016)
€50,310▼ 15.3%
lowest -€5,531 (2021)
€25,166▼ 10.4%
peak €135,142 (2019)
€18,600▼ 30.9%
€92,441▼ 20.1%
Board1 name since 2015
1 director
Documentsfilings and deeds
30-03-202631 days before the deadline
2025micro format
Gross margin from €59,371 to €50,310Dividend €33,495Equity from €26,930 to €18,600Debts from €115,685 to €92,441

Key points

from the 2025 annual accounts

Equity

€18,600 from €135,142 in 2019

Equity fell by 86% in 6 years.

Debts

€92,441 83% of the balance sheet
Financial debts 36%Suppliers 0%Taxes and wages 32%Other 32%

Filings

10 annual accounts since 2016
deadline20202025

The last five annual accounts were filed 12 to 31 days before the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 5,052 companies had the same profile as ELSWARE has now. Each dot stands for 13 companies, two years later.

95.8%
were still trading
2.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 5,052 companies, not a prediction for ELSWARE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director, since 13-03-2015
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0600965280
Resignation: (director) Reappointment: (director) · Legal-form conversion: from private limited company (pre-2019) to private limited company · Director discharge: · Gazette deed
Registered office moved within Aalst New registered office: Oliemolen 6 bus 3.1 te 9300 Aalst · Previous registered office: Naarstigheidstraat 57, 9300 Aalst · Board meeting of 01-10-2021 · Gazette deed
Registered office moved within Aalst New registered office: Naarstigheidstraat 57, 9300 Aalst · Previous registered office: Ouden Dendermondsesteenweg 31 3.1 9300 AALST, 9300 AALST · Registered office clause: Ouden Dendermondsesteenweg 31 3.1 9300 AALST · Gazette deed
All 23 events

Comparable companies

same main activity, similar in size and age
Company
ELSWARE Aalst €111,041 €50,310 16.8% -
BRACKETS Lokeren €107,424 €49,375 70.1% -
Aurion Geel €113,539 €52,053 74.0% -
Netcomm Antwerp €116,860 €51,409 18.1% -
Antares Technology Halle €111,400 €46,652 18.4% -
MLAM CONSULT Kraainem €116,987 €47,363 76.1% -
AGNITIO CONSULTING Vilvoorde €114,298 €47,469 25.8% -

These companies have the same main activity as ELSWARE: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €107,000 and €117,000, founded between 2014 and 2015.

Official details

Source: KBO
Status
Active since 13-03-2015Normal situation
Activity
Computer consultancy and computer facilities managementNACE 62200
Establishment unit
2.240.644.9669300 Aalst, since 13-03-2015
Financial year end
30 September
Peppol
Reachable since 07-01-2026
Company details

Annual accounts to 30-09-2025

≈ €96,000estimated
€111,041▼ 22.1%
Filing
Filed on 30-03-2026, 31 days before the end of the filing period
Financials

Insights on ELSWARE

ELSWARE files the micro format. That format states no turnover. The gross margin fell from €111,982 in 2016 to €50,310 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about ELSWARE

What is the company number of ELSWARE?
The company number of ELSWARE is 0600.965.280. The VAT number is the same number with BE in front: BE 0600.965.280.
Where is ELSWARE based?
The registered office is at Oliemolen 6, 9300 Aalst.Company details
What does ELSWARE do?
According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
What is the legal form of ELSWARE?
ELSWARE is a private limited company (BV).
When was ELSWARE founded?
ELSWARE was founded on 13-03-2015.
Is ELSWARE still active?
Yes, ELSWARE is an active enterprise in the KBO register.
What is the turnover of ELSWARE?
The turnover in financial year 2025 is ≈ €96,000. This figure is estimated from the gross margin of €50,310 and 60 comparable companies (NACE 62200). It probably lies between €86,000 and €130,000.Financials
Is ELSWARE profitable?
In financial year 2025, ELSWARE made a profit of €25,166.
Where can I find the annual accounts of ELSWARE?
ELSWARE filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ELSWARE due?
ELSWARE must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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