ELTILO
ActiveSummary
ELTILO has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €674,978 and a net result of -€5,870. Equity remains stable across the filed fiscal years (±0.8% per year). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability35▼-54
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50,000 at 30 days acceptable
short-term debt: 0.1% and cash: 35.4% of total assets, and 0.1% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
99.9%
Return on assets
-0.9%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
11 d late
2024
41 d early
2023
44 d early
2022
46 d early
2021
33 d early
2020
46 d early
2017
48 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 35 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€674,978▼ 0.9%
2024 · €680,848
Total assets
€675,440▼ 0.8%
2024 · €681,119
Net result
-€5,870
2024 · €139,400
Working capital
€285,343▼ 58.1%
2024 · €680,848
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€27,017▲ 18.1%-€40,425▼ 49.6%-€41,366▼ 2.3%€131,499-€11,672
Net result-€27,181▲ 18.0%-€40,595▼ 49.4%-€41,530▼ 2.3%€139,400-€5,870
Equity€623,574▼ 4.2%€582,978▼ 6.5%€541,448▼ 7.1%€680,848▲ 25.7%€674,978▼ 0.9%
Total assets€626,920▼ 3.7%€589,373▼ 6.0%€544,975▼ 7.5%€681,119▲ 25.0%€675,440▼ 0.8%
Debt€3,347▲ 1,018%€6,395▲ 91.1%€3,527▼ 44.8%€271▼ 92.3%€462▲ 70.6%
Working capital€118,417▼ 10.8%€101,214▼ 14.5%€86,284▼ 14.8%€680,848▲ 689%€285,343▼ 58.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €11,672 after €131,499 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €675,440
Fixed assets
€389,635
Current assets
€285,805
Equity and liabilities €675,440
Equity
€674,978 ▼ 0.9%
Debt
€462 ▲ 70.6%
Debt's share of the balance-sheet total stays at 0.1%.
Key figures and ratios
Debt to equity
0.00▲
2024 · 0.00
ROE
-0.9%▼
2024 · 20.5%
ROA
-0.9%▼
2024 · 20.5%
Debt ≤ 1 year
€462▲
2024 · €271
Income taxes
€2,571▼
2024 · €2,729
A ratio outside any meaningful range has been withheld (balance sheet total €675,440, equity €674,978).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,688 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a small loss
0.5%
went bankrupt
5.4%
stopped otherwise
94%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 2,688 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €6,051 | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €10,741 | €13,976 | €7,579 | €51,655 | €11,524 | ▼ 77.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €31,694 | €31,831 | €31,272 | - | - | - |
| Other operating charges640/8 | €2,869 | €3,017 | €3,216 | €1,682 | €144 | ▼ 91.4% |
| Gross operating margin9900 | €7,546 | -€5,576 | -€6,879 | €133,181 | -€11,528 | ▼ 109% |
| Operating profit (loss)9901 | -€27,017 | -€40,425 | -€41,366 | €131,499 | -€11,672 | ▼ 109% |
| Financial income75/76B | €0 | - | - | €10,828 | €8,801 | ▼ 18.7% |
| Recurring financial income75 | €0 | - | - | €10,828 | €8,801 | ▼ 18.7% |
| Financial charges65/66B | €163 | €171 | €164 | €198 | €428 | ▲ 116% |
| Recurring financial charges65 | €163 | €171 | €164 | €198 | €428 | ▲ 116% |
| Profit (loss) for the period before taxes9903 | -€27,181 | -€40,595 | -€41,530 | €142,129 | -€3,299 | ▼ 102% |
| Income taxes67/77 | - | - | - | €2,729 | €2,571 | ▼ 5.8% |
| Profit (loss) for the period9904 | -€27,181 | -€40,595 | -€41,530 | €139,400 | -€5,870 | ▼ 104% |
| Profit (loss) for the period to be appropriated9905 | -€27,181 | -€40,595 | -€41,530 | €139,400 | -€5,870 | ▼ 104% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €626,920 | €589,373 | €544,975 | €681,119 | €675,440 | ▼ 0.8% |
| Fixed assets21/28 | €505,157 | €481,764 | €455,164 | €0 | €389,635 | - |
| Tangible fixed assets22/27 | €505,157 | €481,764 | €455,164 | €0 | €388,435 | - |
| Land and buildings22 | €502,978 | €481,322 | €455,072 | €0 | €380,686 | - |
| Plant, machinery and equipment23 | €2,179 | €442 | €92 | €0 | €7,749 | - |
| Financial fixed assets28 | - | - | - | - | €1,200 | - |
| Current assets29/58 | €121,764 | €107,609 | €89,811 | €681,119 | €285,805 | ▼ 58.0% |
| Amounts receivable after more than one year29 | - | - | - | €598,000 | €0 | ▼ 100% |
| Other amounts receivable291 | - | - | - | €598,000 | €0 | ▼ 100% |
| Stocks and contracts in progress3 | - | - | €2,500 | - | - | - |
| Stocks30/36 | - | - | €2,500 | - | - | - |
| Current investments50/53 | €76,048 | €76,048 | €76,048 | €45,196 | €47,025 | ▲ 4.0% |
| Cash at bank and in hand54/58 | €41,136 | €30,161 | €11,263 | €37,923 | €238,780 | ▲ 530% |
| Deferred charges and accrued income490/1 | €4,580 | €1,400 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €626,920 | €589,373 | €544,975 | €681,119 | €675,440 | ▼ 0.8% |
| Equity10/15 | €623,574 | €582,978 | €541,448 | €680,848 | €674,978 | ▼ 0.9% |
| Contributions10/11 | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Capital10 | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Issued capital100 | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Profit (loss) carried forward14 | -€416,426 | -€457,022 | -€498,552 | -€359,152 | -€365,022 | ▼ 1.6% |
| Amounts payable17/49 | €3,347 | €6,395 | €3,527 | €271 | €462 | ▲ 70.6% |
| Amounts payable within one year42/48 | €3,347 | €6,395 | €3,527 | €271 | €462 | ▲ 70.6% |
| Trade debts44 | - | €3,510 | €538 | - | - | - |
| Suppliers440/4 | - | €3,510 | €538 | - | - | - |
| Other amounts payable47/48 | €3,347 | €2,885 | €2,989 | €271 | €462 | ▲ 70.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€27,181 | -€40,595 | -€41,530 | €139,400 | -€5,870 | ▼ 104% |
| + Depreciation and write-downs630 | €31,694 | €31,831 | €31,272 | - | - | - |
| Operating cash flow (approximation) | €4,514 | -€8,764 | -€10,259 | €139,400 | -€5,870 | ▼ 104% |
| Investment in fixed assets (approximation) | - | -€8,439 | -€4,672 | €455,164 | -€389,635 | ▼ 186% |
| Change in cash | - | -€10,975 | -€18,898 | €26,660 | €200,856 | ▲ 653% |
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
11-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 11 days late
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €139,400
Net result €139,400 after 4 loss-making years.
31-12
Financial
Liquidity times 99current ratio 2516.60
Current ratio from 25.46 to 2516.60; short-term debt falls from €3,527 to €271.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€41,530
Net result drops to -€41,530, the lowest in the series; recovery starts the following year.
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2018
13-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
14-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 45 days late
2016
27-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
24-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 55 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Gent
Ground area
1,119 m²
Building footprint
142 m²
Volume, LiDAR
966 m³
Parcel 44802B0762/00R000, Flanders · tallest building 8.4 m, ±3 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44802B0762/00R000 | Flanders | 1,119 m² | 1 · 142 m² | 8.4 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
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
894500LY6QC85QZLGX42
Identification & contact
Identification
Legal formPrivate limited company
Founded01-10-2007
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0892437612
Also
9925:BE0892437612
Registered
26-09-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.