ELVIR1
ActiveThe file of ELVIR1 contains 2 historical bankruptcy publications and 2 administrative flags, as published in the Belgian State Gazette.
Summary
The annual accounts of ELVIR1 for fiscal year 2025 show a net loss of 81% of the equity at the start of that year. The computed 12-month bankruptcy probability is 11.7% (high). The 2025 annual accounts show equity of €16,130 and a net result of -€70,772. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 33% of 13617 sector peers (fiscal year 2025).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency36▼-22
Growth32=
Track record61
Bankruptcy probability, 12 months
11.7%
High
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.16 against 1.41 in 2024; short-term debt: 41.9% of total assets), and 89.2% of the assets are financed with debt.
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Signals
Nine signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 2025Solvency, return and age of the figures
Solvency
10.8%
Return on assets
-47.5%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
2122232425
2021 to 2025 · latest year -€70,772
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 · 5 filingsDeviation from the deadline
2025
81 d early
2024
90 d early
2023
86 d early
2022
87 d early
2021
74 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 84 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
3 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
UBO non-complianceAddress struckAddress strikeout annulled
Checked, nothing found (1)
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 7 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€16,130▼ 81.4%
2024 · €86,902
Total assets
€149,065▼ 44.0%
2024 · €266,416
Net result
-€70,772▼ 1.2%
2024 · -€69,920
Working capital
-€52,653
2024 · €34,711
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€84,295-€48,647▼ 42.3%€63,088▲ 29.7%-€51,527-€43,545▲ 15.5%
Net result€83,760above the sector's middle half-€44,839above the sector's middle half▼ 46.5%€23,224above the sector's middle half▼ 48.2%-€69,920below the sector's middle half-€70,772below the sector's middle half▼ 1.2%
Equity€88,760above the sector's middle half-€133,599above the sector's middle half▲ 50.5%€156,823above the sector's middle half▲ 17.4%€86,902above the sector's middle half▼ 44.6%€16,130within the sector's middle half▼ 81.4%
Total assets€123,582within the sector's middle half-€258,657above the sector's middle half▲ 109%€316,614above the sector's middle half▲ 22.4%€266,416above the sector's middle half▼ 15.9%€149,065within the sector's middle half▼ 44.0%
Debt€34,823-€125,058▲ 259%€159,792▲ 27.8%€179,513▲ 12.3%€132,936▼ 25.9%
Working capital€29,987within the sector's middle half-€43,173above the sector's middle half▲ 44.0%€60,602above the sector's middle half▲ 40.4%€34,711within the sector's middle half▼ 42.7%-€52,653below the sector's middle half
Solvency71.8%above the sector's middle half-51.7%within the sector's middle half▼ 20.2pp49.5%within the sector's middle half▼ 2.1pp32.6%within the sector's middle half▼ 16.9pp10.8%within the sector's middle half▼ 21.8pp
Current ratio1.86within the sector's middle half-3.50above the sector's middle half▲ 1.641.89within the sector's middle half▼ 1.611.41within the sector's middle half▼ 0.480.16below the sector's middle half▼ 1.25
Return on assets (ROA)67.8%above the sector's middle half-17.3%above the sector's middle half▼ 50.4pp7.3%within the sector's middle half▼ 10.0pp-26.2%below the sector's middle half▼ 33.6pp-47.5%below the sector's middle half▼ 21.2pp
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
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 €43,545 in 2025 against €51,527 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €149,065
Fixed assets
€139,269 ▼ 5.4%
Current assets
€9,796 ▼ 91.8%
Equity and liabilities €149,065
Equity
€16,130 ▼ 81.4%
Debt
€132,936 ▼ 25.9%
Debt's share of the balance-sheet total rises from 67.4% to 89.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€35,613▲
2024 · -€46,828
Cash flow
-€62,840▲
2024 · -€65,221
Debt to equity
8.24▲
2024 · 2.07
ROE
-438.8%▼
2024 · -80.5%
Interest coverage
-4.58▲
2024 · -7.07
Debt ≤ 1 year
€62,449▼
2024 · €84,503
Debt > 1 year
€70,486▼
2024 · €95,010
Income taxes
€19,619▲
2024 · €12,000
Staff costs
€5,928▼
2024 · €7,842
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,133 companies that looked in July 2024 the way this one looks now, 6.4% went bankrupt within 24 months and 86% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
6.4%
went bankrupt
6.6%
stopped otherwise
86%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 11.7% 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 497,338 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% | 1.9% |
| 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 1,133 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €7,842 | €5,928 | ▼ 24.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,009 | €12,733 | €17,577 | €4,699 | €7,932 | ▲ 68.8% |
| Other operating charges640/8 | €1,689 | €1,894 | €4,553 | €520 | €172 | ▼ 67.0% |
| Gross operating margin9900 | €92,994 | €63,273 | €85,218 | -€38,466 | -€29,513 | ▲ 23.3% |
| Operating profit (loss)9901 | €84,295 | €48,647 | €63,088 | -€51,527 | -€43,545 | ▲ 15.5% |
| Financial income75/76B | €677 | €50 | - | €226 | €173 | ▼ 23.4% |
| Recurring financial income75 | €677 | €50 | - | €226 | €173 | ▼ 23.4% |
| Non-recurring financial income76B | €677 | €50 | - | €226 | €173 | ▼ 23.4% |
| Financial charges65/66B | €1,212 | €3,858 | €7,902 | €6,619 | €7,782 | ▲ 17.6% |
| Recurring financial charges65 | €1,212 | €3,858 | €7,902 | €6,619 | €7,782 | ▲ 17.6% |
| Non-recurring financial charges66B | €1,212 | €3,858 | €7,902 | €6,619 | €7,782 | ▲ 17.6% |
| Profit (loss) for the period before taxes9903 | €83,760 | €44,839 | €55,186 | -€57,920 | -€51,153 | ▲ 11.7% |
| Income taxes67/77 | - | - | €31,962 | €12,000 | €19,619 | ▲ 63.5% |
| Profit (loss) for the period9904 | €83,760 | €44,839 | €23,224 | -€69,920 | -€70,772 | ▼ 1.2% |
| Profit (loss) for the period to be appropriated9905 | €83,760 | €44,839 | €23,224 | -€69,920 | -€70,772 | ▼ 1.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €123,582 | €258,657 | €316,614 | €266,416 | €149,065 | ▼ 44.0% |
| Fixed assets21/28 | €58,773 | €198,223 | €188,266 | €147,201 | €139,269 | ▼ 5.4% |
| Tangible fixed assets22/27 | €58,773 | €198,223 | €188,266 | €147,201 | €139,269 | ▼ 5.4% |
| Land and buildings22 | - | €112,240 | €112,240 | €112,240 | €112,240 | = |
| Plant, machinery and equipment23 | €58,773 | €52,894 | €47,709 | €2,512 | €1,884 | ▼ 25.0% |
| Furniture and vehicles24 | - | €33,090 | €28,317 | €32,449 | €25,145 | ▼ 22.5% |
| Current assets29/58 | €64,809 | €60,434 | €128,348 | €119,214 | €9,796 | ▼ 91.8% |
| Amounts receivable within one year40/41 | €7,542 | €26,162 | €28,478 | €40,391 | €9,796 | ▼ 75.7% |
| Trade receivables40 | - | - | - | €16,128 | €2,947 | ▼ 81.7% |
| Other amounts receivable41 | €7,542 | €26,162 | €28,478 | €24,263 | €6,849 | ▼ 71.8% |
| Cash at bank and in hand54/58 | €57,267 | €34,272 | €99,869 | €78,824 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €123,582 | €258,657 | €316,614 | €266,416 | €149,065 | ▼ 44.0% |
| Equity10/15 | €88,760 | €133,599 | €156,823 | €86,902 | €16,130 | ▼ 81.4% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Capital10 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Issued capital100 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | €83,760 | €128,599 | €151,823 | €81,902 | €11,130 | ▼ 86.4% |
| Distributable reserves133 | €83,760 | €128,599 | €151,823 | €81,902 | €11,130 | ▼ 86.4% |
| Amounts payable17/49 | €34,823 | €125,058 | €159,792 | €179,513 | €132,936 | ▼ 25.9% |
| Amounts payable after more than one year17 | - | €107,797 | €92,046 | €95,010 | €70,486 | ▼ 25.8% |
| Financial debts170/4 | - | €107,797 | €92,046 | €95,010 | €70,486 | ▼ 25.8% |
| Amounts payable within one year42/48 | €34,823 | €17,261 | €67,746 | €84,503 | €62,449 | ▼ 26.1% |
| Current portion of amounts payable after more than one year42 | - | €14,621 | €15,751 | €26,239 | €24,524 | ▼ 6.5% |
| Trade debts44 | €7,531 | €2,640 | €51,994 | €58,264 | - | - |
| Suppliers440/4 | €7,531 | €2,640 | €51,994 | €58,264 | - | - |
| Other amounts payable47/48 | €27,292 | - | - | - | €37,926 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €83,760 | €44,839 | €23,224 | -€69,920 | -€70,772 | ▼ 1.2% |
| + Depreciation and write-downs630 | €7,009 | €12,733 | €17,577 | €4,699 | €7,932 | ▲ 68.8% |
| Operating cash flow (approximation) | €90,769 | €57,572 | €40,801 | -€65,221 | -€62,840 | ▲ 3.7% |
| Investment in fixed assets (approximation) | - | -€152,183 | -€7,620 | €36,366 | €0 | ▼ 100% |
| Change in cash | - | -€22,995 | €65,597 | -€21,046 | - | - |
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
11-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
13-02
KBO administration
Address strikeout annulled
26-01
KBO administration
Address struck
event 19-11-2025
14-01
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Brussel · event 01-01-2026
2025
31-12
Financial
Weakest financial yearnet -€70,772
Net result drops to -€70,772, the lowest in the series.
19-11
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 13-11-2025
02-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
06-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
08-04
KBO administration
UBO non-compliance
event 25-03-2024
2023
31-12
Financial
Equity above €150,000Eq €156,823 ▲17.4%
3 profitable years in a row build equity to €156,823.
05-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100,000Eq €133,599 ▲50.5%
2 profitable years in a row build equity to €133,599.
18-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
SignalFinancial 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
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, Heusden-Zolder · 1 establishment unit since 2020
Ground area
93 m²
Building footprint
114 m²
Volume, LiDAR
724 m³
Parcel 71065A0451/00T000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
ELVIR1
since 20202.305.635.758
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71065A0451/00T000 | Flanders | 93 m² | 1 · 114 m² | 8.1 m · 2 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | PATRICK SCHRUERS LUCHTHAVENLAAN 27 BUS 38,
1800 VILVOORDE |
13-11-2025 → 01-01-2026 |
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Of 21,853 companies in sector 56112 we hold annual accounts for 9,777. 7,789 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-06-2020
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
56220Contract catering and other food service activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0748962932
Also
9925:BE0748962932
Registered
03-04-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.