ELUX
ActiveELUX has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €16k and a net result of €-14k. Equity is shrinking by ~26.3% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 55% of 26046 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency63▼-20
Growth72▲+17
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.23 against 1.88 in 2023; short-term debt: 61.6% and cash: 31.4% of total assets), and 61.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
38.4%
Return on assets
-34.3%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
192021222324
2019 to 2024 · latest year €-14k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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
2024
29 d late
2023
394 d late
2022
3 d early
2021
32 d late
2020
26 d late
2019
29 d late
2018
1 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€72k▲ 20.3%
2020 · €60k
2020: €60k
2020 → 2021
EBIT margin
-10.0%▲ 8.6pp
2020 · -18.6%
2020: -18.6%
2020 → 2021
Net result
€-14k▲ 64.0%
2023 · €-39k
2019: €-24k
2020: €-9k
2021: €-7k
2022: €-35k
2023: €-39k
2019 → 2024
Working capital
€6k▼ 69.3%
2023 · €19k
2019: €70k
2020: €71k
2021: €74k
2022: €49k
2023: €19k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€60k-€72k▲ 20.3%
Equity€111k-€104k▼ 6.7%€69k▼ 33.8%€30k▼ 56.7%€16k▼ 47.1%
Operating result€-11k-€-7k▲ 35.3%€-35k▼ 377%€-38k▼ 9.7%€-14k▲ 63.7%
Net result€-9k-€-7k▲ 19.7%€-35k▼ 370%€-39k▼ 11.2%€-14k▲ 64.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €14k in 2024 against €38k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €41k
Fixed assets
€10k▼ 7.9%
Current assets
€31k▼ 23.6%
Equity and liabilities €41k
Equity
€16k▼ 47.1%
Debt
€25k▲ 16.5%
The debt ratio rises from 42.1% to 61.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-13k▲
2023 · €-29k
Cash flow
€-13k▲
2023 · €-30k
Solvency
38.4%▼
2023 · 57.9%
Current ratio
1.23▼
2023 · 1.88
Quick ratio
0.55▼
2023 · 1.09
Debt / equity
1.60▲
2023 · 0.73
ROE
-89.2%▲
2023 · -130.8%
ROA
-34.3%▲
2023 · -75.7%
Interest coverage
-41.40▼
2023 · -29.08
Debt
€25k▲
2023 · €22k
Debt ≤ 1 year
€25k▲
2023 · €22k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€51k€41k▼
Fixed assets21/28€11k€10k▼
Tangible fixed assets22/27€8k€7k▼
Land and buildings22€8k€7k▼
Financial fixed assets28€3k€3k=
Current assets29/58€41k€31k▼
Stocks and contracts in progress3€17k€17k=
Stocks30/36€17k€17k=
Amounts receivable within one year40/41€60€520▲
Trade receivables40-€350
Other amounts receivable41€60€169▲
Cash at bank and in hand54/58€23k€13k▼
Deferred charges and accrued income490/1-€556
Equity and liabilities
Total equity and liabilities10/49€51k€41k▼
Equity10/15€30k€16k▼
Contributions10/11€409k€409k=
Capital10€409k-
Issued capital100€409k-
Reserves13€32k€32k=
Non-distributable reserves130/1€5k€5k=
Legal reserve130€5k-
Reserves not available under the articles1311-€5k
Tax-exempt reserves132€26k€26k=
Profit (loss) carried forward14€-411k€-425k▼
Amounts payable17/49€22k€25k▲
Amounts payable within one year42/48€22k€25k▲
Trade debts44€4k€1k▼
Suppliers440/4€4k€1k▼
Other amounts payable47/48€18k€24k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€847▼
Other operating charges640/8€2k€4k▲
Gross operating margin9900€-27k€-9k▲
Operating profit (loss)9901€-38k€-14k▲
Financial income75/76B€4€64▲
Recurring financial income75€4€64▲
Financial charges65/66B€989€312▼
Recurring financial charges65€989€312▼
Profit (loss) for the period before taxes9903€-39k€-14k▲
Profit (loss) for the period9904€-39k€-14k▲
Profit (loss) for the period to be appropriated9905€-39k€-14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-411k€-425k▼
Profit (loss) brought forward from the previous period14P€-372k€-411k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
28-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 394 days late
2023
31-03
Financial
Weakest financial yearnet €-39k
Net result drops to €-39k, the lowest in the series; recovery starts the following year.
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
02-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 32 days late
2020
26-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
31-03
Financial
Liquidity triplescurrent ratio 17.04
Current ratio from 5.18 to 17.04; short-term debt falls from €17k to €4k.
2019
29-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 29 days late
2018
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
02-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 2 days late
2016
28-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
30-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Aartselaar · 1 establishment unit since 1982
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.
Oudestraat 612630 AartselaarGround area
191 m²
Building footprint
75 m²
Volume, LiDAR
569 m³
Parcel 11001B0024/00F000, Flanders · tallest building 8.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ELUX RADIO TV
since 19822.020.839.008
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11001B0024/00F000 | Flanders | 191 m² | 1 · 75 m² | 8.6 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.
Similar companies · same sector, comparable size
KY SERVICES
BE 0798.401.951
Lennik · Eq €16k
BioLux
BE 0794.448.707
Oudergem · Eq €16k
BATIT PROTECT
BE 0700.560.526
Wavre · Eq €15k
LANCKRIET en CO
BE 0436.615.410
Wingene · Eq €16k
KORALY
BE 0782.375.373
Riemst · Eq €16k
Of 1,510 companies in sector 47540 we hold annual accounts for 805. 356 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded03-06-1982
Fiscal year end31-12
Activities, NACEBEL
47540Retail sale of electrical household appliances
52450
52720
52740
95210Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
95290Repair and maintenance of other personal and household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 41 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.