For Fondation Elounda, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show equity of €802,158 and a net result of -€9,364. Equity remains stable across the filed financial years (±0.3% per year). The company has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).
2022 accounts not filed, 1188 days past the deadline2 deeds in the Belgian Official Gazette
Signalsraises riskFigures for financial year 2021 (filed 01-07-2022)Liquidity: current ratio 0.76, cash €534Two or more financial years not filedlowers riskLegal form: private foundationSize: total assets €925,195neutralLatest accounts filed on timeShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Financial strength, FY 2021 · tick = 2020
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Strong
Solvency100=
equity 86.7% of total assets
Liquidity49+1
short-term debt 11.4% · cash 0.1%
Profitability35-4
return on assets -1.0%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
0.2%Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months11-2024: 0.2%12-2024: 0.2%● unchanged vs 11-202401-2025: 0.2%● unchanged vs 12-202402-2025: 0.2%● unchanged vs 01-202503-2025: 0.2%● unchanged vs 02-202504-2025: 0.2%● unchanged vs 03-202505-2025: 0.2%● unchanged vs 04-2025lowest value06-2025: 0.2%● unchanged vs 05-2025lowest value07-2025: 0.2%● unchanged vs 06-202508-2025: 0.2%● unchanged vs 07-202509-2025: 0.2%● unchanged vs 08-202510-2025: 0.2%● unchanged vs 09-202511-2025: 0.2%● unchanged vs 10-202512-2025: 0.2%● unchanged vs 11-202501-2026: 0.2%● unchanged vs 12-202502-2026: 0.2%● unchanged vs 01-202603-2026: 0.2%● unchanged vs 02-202604-2026: 0.2%● unchanged vs 03-202605-2026: 0.2%● unchanged vs 04-202606-2026: 0.2%● unchanged vs 05-202607-2026: 0.2%● unchanged vs 06-2026highest value08-2026: 0.2%● unchanged vs 07-2026highest value09-2026: 0.2%● unchanged vs 08-202610-2026: 0.2%● unchanged vs 09-2026
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
This company filed its last 3 accounts on average 51 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
Annual accounts filedfinancial year 2021 · full…
Weakest financial yearnet -€9,364
Annual accounts filedfinancial year 2020 · full…
Key points
Risk: 2022 accounts not fileddeadline was 31-07-20231188 days past the deadlineView