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Elydan Belgium

Active
Public limited companyfounded 2014active for 12 yearsKorte Mate 10, 9042 Gent, BelgiumKBO/BCE: BE 0553.492.688
Summary

Elydan Belgium has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.6m and a net result of €2.6m. Equity is growing by about 49% per year across the filed financial years. Its solvency ranks better than 76% of 317 sector peers (NACE 20, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
Elydan BelgiumActiveChecked score 99/100
Risk analysis ReportCompare

Overview

Activity
Manufacture of chemicals and chemical products
NACE 20160
8th fastest staff growth in East Flanders, Chemicals sector1 site
Size
€7.9mtotal assets 2025
Staff
16.4 FTE
Equity
€5.6m
Profit
€2.6m
Financial health
99 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Parent
Elydan SA
  • Eric AlbaretManaging director
  • ELYDANDirector · permanent representative Marc-Antoine BLIN
Auditor: CALLENS VANDELANOTTE2025 accounts 44 days early4 of 9 deeds summarised
Why 99lowers riskLiquidity: current ratio 2.96, cash €2.0mEquity €5.6m (70.6% of total assets)Size: 16.4 FTE, total assets €7.9mFounded in 2014Show the evidence

Checked score

Score 2025
99 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 89% of its sector peers (NACE 20, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 96+10
equity 70.6% of total assets
Liquidity 70+27
short-term debt 29.4% · cash 25.7%
Profitability 100=
return on assets 32.2%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (147 companies, NACE 20, small)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.4%▲ +0.1 percentage points vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.5%▲ +0.1 percentage points vs 05-2025 07-2025: 0.6%▲ +0.1 percentage points vs 06-2025 08-2025: 0.9%▲ +0.3 percentage points vs 07-2025highest value 09-2025: 0.1%▼ -0.8 percentage points vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: < 0.1%▼ -0.1 percentage points vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €550,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.96, compared with 2.17 in 2024, above the usual 1.5; short-term debt: 29.4% and cash: 25.7% of total assets), and 29.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 20, small): better than 76% on solvency, 85% on liquidity, 98% on profitability and 96% on growth.

The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 2.96, cash €2.0m
NBB · annual accounts
lowers risk · Equity €5.6m (70.6% of total assets)
NBB · annual accounts
lowers risk · Size: 16.4 FTE, total assets €7.9m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 2014
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
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 17-06-2026, 44 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
44 days early
2024
27 days late
2023
50 days early
2022
27 days early
2021
6 days early
2020
81 days late
2019
2 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 3 days before the deadline; the sector median (NACE 20) for financial year 2024 is 22 days before the deadline, and 27% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 4 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Amendment of the articles · NameName change · Power of…
  3. Reappointment: NV CALLENS VANDELANOTTE (statutory auditor)Permanent representative: Francis Rysman

Key points

  • Positive: Equity rose in 2025from €3.0m to €5.6m ▲ 84.1% View
  • Positive: 8th fastest staff growth in East Flanders, Chemicals sectorin the Checked rankings No. 8 View
  • Controlled by Elydan SA parent View
  • Positive: 5 profitable years in a rowprofit 2025: €2.6m 5 years View

By topic

Financials

Financial year
2025
Total assets
€7.9m
Profit
€2.6m
Solvency
70.6%
Total assets▲ 58.1%
Net result
20182025
Go to Financials

Board & ownership

Board
2 members
Parent
Elydan SA
Auditor
CALLENS VANDELANOTTE
  • Eric AlbaretManaging director
  • ELYDANDirector
Go to Board & ownership

Timeline

Events
20
Since
2016
Next accounts
by 31-07-2027
  1. 31-12-2025Highest result from 2018 to 2025
  2. 31-12-2025Equity above €5m
  3. 27-08-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of chemicals and chemical productsNACE 20160
Founded
28-05-2014
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
43
Who signs
Two directors jointly, or a managing director alone
Annual meeting
First Saturday of June at 10:00
Go to Articles of association

Key facts about Elydan Belgium

What is the company number of Elydan Belgium?
0553.492.688. In Belgium the VAT number is the company number with BE in front: BE 0553.492.688.
Where is Elydan Belgium based?
The registered office is at Korte Mate 10, 9042 Gent.Company details
What does Elydan Belgium do?
According to the KBO register, the main activity is manufacture of chemicals and chemical products (NACE 20160).
What is the legal form of Elydan Belgium?
Public limited company (NV).
When was Elydan Belgium founded?
On 28-05-2014.
Is Elydan Belgium still active?
Yes, Elydan Belgium is an active enterprise in the KBO register.
How many employees does Elydan Belgium have?
On average 16.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Elydan Belgium?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Elydan Belgium profitable?
In financial year 2025, Elydan Belgium made a profit of €2.6m.
Where can I find the annual accounts of Elydan Belgium?
Elydan Belgium filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Elydan Belgium due?
By 31-07-2027, for financial year 2026.Timeline

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