FULL HOUSE ELS
ActiveThe computed 12-month bankruptcy probability of FULL HOUSE ELS is 1.5% (moderate). The 2024 annual accounts show equity of €97k and a net result of €16k. Equity is growing by ~17.8% per year across the filed fiscal years. Its solvency ranks better than 78% of 18939 sector peers (fiscal year 2024). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability78▼-12
Solvency87=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 2.54 against 2.33 in 2023; short-term debt: 24.8% and cash: 44.1% of total assets), and 37.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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
2025
not confirmed
2024
61 d late
2023
29 d late
2022
59 d late
2021
29 d late
2020
90 d late
2019
75 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€97k▲ 20.2%
2023 · €81k
2018: €36k
2019: €44k
2020: €52k
2021: €63k
2022: €63k
2023: €81k
2018 → 2024
Total assets
€156k▲ 19.6%
2023 · €130k
2018: €83k
2019: €95k
2020: €109k
2021: €154k
2022: €150k
2023: €130k
2018 → 2024
Net result
€16k▼ 27.8%
2023 · €23k
2018: €-8k
2019: €8k
2020: €8k
2021: €11k
2022: €786
2023: €23k
2018 → 2024
Working capital
€60k▼ 2.9%
2023 · €61k
2018: €27k
2019: €35k
2020: €37k
2021: €41k
2022: €43k
2023: €61k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€52k-€63k▲ 20.8%€63k▲ 1.3%€81k▲ 27.9%€97k▲ 20.2%
Operating result€9k-€19k▲ 98.9%€8k▼ 56.1%€36k▲ 343%€27k▼ 25.1%
Net result€8k-€11k▲ 33.2%€786▼ 92.7%€23k▲ 2,782%€16k▼ 27.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 25% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €156k
Fixed assets
€58k▲ 154%
Current assets
€98k▼ 8.7%
Equity and liabilities €156k
Equity
€97k▲ 20.2%
Debt
€59k▲ 18.6%
The debt ratio falls from 37.9% to 37.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€36k▼
2023 · €45k
Cash flow
€25k▼
2023 · €32k
Solvency
62.4%▲
2023 · 62.1%
Current ratio
2.54▲
2023 · 2.33
Quick ratio
2.10▲
2023 · 1.96
Debt / equity
0.60▼
2023 · 0.61
ROE
16.8%▼
2023 · 28.0%
ROA
10.5%▼
2023 · 17.4%
Interest coverage
5.54▼
2023 · 7.95
Debt
€59k▲
2023 · €49k
Debt ≤ 1 year
€39k▼
2023 · €46k
Debt > 1 year
€20k▲
2023 · €3k
Income taxes
€5k▼
2023 · €8k
Staff costs
€93k▲
2023 · €82k
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€130k€156k▲
Fixed assets21/28€23k€58k▲
Tangible fixed assets22/27€20k€55k▲
Land and buildings22€2k€6k▲
Plant, machinery and equipment23€10k€10k▲
Furniture and vehicles24€9k€40k▲
Financial fixed assets28€2k€2k=
Current assets29/58€108k€98k▼
Stocks and contracts in progress3€17k€17k=
Stocks30/36€17k€17k=
Amounts receivable within one year40/41€9k€11k▲
Trade receivables40€5k€10k▲
Other amounts receivable41€4k€921▼
Cash at bank and in hand54/58€79k€69k▼
Deferred charges and accrued income490/1€3k€1k▼
Equity and liabilities
Total equity and liabilities10/49€130k€156k▲
Equity10/15€81k€97k▲
Contributions10/11€6k€6k=
Reserves13€75k€91k▲
Distributable reserves133€75k€91k▲
Amounts payable17/49€49k€59k▲
Amounts payable after more than one year17€3k€20k▲
Financial debts170/4€3k€20k▲
Amounts payable within one year42/48€46k€39k▼
Financial debts43€7k€10k▲
Credit institutions430/8€7k€10k▲
Trade debts44€12k€12k▼
Suppliers440/4€12k€12k▼
Taxes, remuneration and social security45€20k€17k▼
Taxes450/3€4k€2k▼
Remuneration and social security454/9€16k€15k▼
Other amounts payable47/48€7k€286▼
Income statement
Code20232024
Non-recurring operating income76A€4k€9k▲
Remuneration, social security and pensions62€82k€93k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k▼
Other operating charges640/8€1k€873▼
Gross operating margin9900€128k€130k▲
Operating profit (loss)9901€36k€27k▼
Financial income75/76B€303€910▲
Recurring financial income75€303€910▲
Financial charges65/66B€6k€6k▲
Recurring financial charges65€6k€6k▲
Profit (loss) for the period before taxes9903€31k€21k▼
Income taxes67/77€8k€5k▼
Profit (loss) for the period9904€23k€16k▼
Profit (loss) for the period to be appropriated9905€23k€16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€23k€16k▼
Transfer to equity691/2€18k€16k▼
To other reserves6921€18k€16k▼
Profit to be distributed694/7€5k-
Directors or managers695€5k-
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Highest result since 2018net €23k ▲2782%
Operating result €36k, net result €23k, both a record.
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
14-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 75 days late
2019
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
25-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 56 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 58 days late
2016
25-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Tongeren-Borgloon · 1 establishment unit since 2010
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.
Bilzersteenweg 3163700 Tongeren-BorgloonGround area
775 m²
Building footprint
153 m²
Volume, LiDAR
977 m³
Parcel 73069B0384/00L000, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FULL HOUSE ELS
since 20102.184.752.972
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73069B0384/00L000 | Flanders | 775 m² | 1 · 153 m² | 10.2 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteTongeren-Borgloon2.184.752.972
Similar companies · same sector, comparable size
FRITERIE LUCKY LUKE
BE 0479.943.825
Ottignies-Louvain-la-Neuve · Eq €97k
Gong Li
BE 0695.453.475
Grimbergen · Eq €97k
LASER CONCEPT
BE 0739.917.384
Charleroi · Eq €97k
La Grappa
BE 0466.700.949
Antwerpen · Eq €97k
ATLAS T LIBRAMONT
BE 0785.771.561
Marche-en-Famenne · Eq €97k
Of 21,896 companies in sector 56112 we hold annual accounts for 9,785. 7,861 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-12-2009
Fiscal year end31-12
Activities, NACEBEL
47620Retail trade
47621Retail sale of newspapers and periodicals
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
47241Retail sale of bread and pastry (bakery outlets)
47630Retail trade
47690Retail sale of other cultural and recreation goods
47793Retail sale of other second-hand goods, excluding clothing
77330Rental and leasing activities
92000Gambling and betting activities
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.