Equity
€84,728 from €269,792 in 2020
Equity fell by 69% in 5 years.
GROUP ELO
Lifetime
12 annual accounts with figures on one time axispeak €686,581 (2014)
€520,890▼ 4.8%
lowest -€176,809 (2022)
€5,373▼ 73.7%
peak €269,792 (2020)
€84,728▲ 6.8%
€750,089▼ 5.5%
peak 14.5 FTE (2025)
14.5 FTE
Board3 names since 2023
2 directors and 1 other
Documentsfilings and deeds
24-07-20267 days before the deadline
2025abbreviated format
Result from €20,435 to €5,373
Key points
from the 2025 annual accountsTurnover
≈ €5.0m estimated
The accounts state no turnover.
Debts
€750,089 90% of the balance sheet
Financial debts 36%Suppliers 42%Taxes and wages 4%Other 19%
Of this, €480,886 falls due within a year.
Staff
23 employees on 31-12-2025
In 2025, 62 people joined and 61 left.
Filings
12 annual accounts since 2014
Four of the last ten came late. The 2018 accounts came latest: 30 days after the end of the period.
Position in the sector
10.1%
Lower solvency than 80% of companies in retail trade. Sector median 36.9% · 13,246 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 4,107 companies had the same profile as GROUP ELO has now. Each dot stands for 11 companies, two years later.
97.9%
were still trading
0.9%
stopped another way
1.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 4,107 companies, not a prediction for GROUP ELO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0533918979
2 directors appointed, 1 resignation
Resignation: · Appointments: and · Permanent representatives: and · General meeting of 29-09-2023 · Gazette deed
2 directors appointed, 1 manager resigning
Resignation: (manager) · Appointments: (director) and (director) · Director discharge: · General meeting of 19-12-2023 · Gazette deed
Incorporation
published on 08-05-2013 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GROUP ELO Sint-Gillis (bij-Brussel) | €0.8m | €520,890 | 10.1% | 14.5 |
| EXPRESS LIVINGSTONE Brussels | €0.7m | €475,629 | 1.3% | 13.1 |
| ANT2012 Anthisnes | €0.8m | €627,102 | 63.0% | 13.6 |
| 'T GROEN STAMKE Antwerp | €0.9m | €616,218 | 9.7% | 13.9 |
| Raminter Ramillies | €1.1m | €461,862 | 58.2% | 14.3 |
| RETAIL SERVICES NATIONALESTRAAT Beerse | €0.7m | €490,449 | -32.3% | 12.9 |
| RS Zonhoven 37 Zonhoven | €1.1m | €627,593 | 21.3% | 14.9 |
These companies have the same main activity as GROUP ELO: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €681,000 and €1.1m, founded between 2013 and 2014.
Official details
Source: KBO- Status
- Active since 06-05-2013Normal situation
- Activity
- Non-specialised retail sale with food, beverages or tobacco predominatingNACE 47110
- Establishment unit
- 2.219.115.7181060 Sint-Gillis (bij-Brussel), since 06-05-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 29-12-2025
Annual accounts 2025
- €834,817▼ 4.4%
- Employeeson 31-12-2025
- 23▲ 4.5%
- Filing
- Filed on 24-07-2026, 7 days before the end of the filing period
Insights on GROUP ELO
GROUP ELO files the abbreviated format. That format states no turnover. The gross margin fell from €686,581 in 2014 to €520,890 in 2025.
The balance sheet grew most from 2021 to 2022 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about GROUP ELO
- What is the company number of GROUP ELO?
- The company number of GROUP ELO is 0533.918.979. The VAT number is the same number with BE in front: BE 0533.918.979.
- Where is GROUP ELO based?
- The registered office is at Waterlose Steenweg 98, 1060 Sint-Gillis (bij-Brussel).Company details
- What does GROUP ELO do?
- According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
- What is the legal form of GROUP ELO?
- GROUP ELO is a private limited company (BV).
- When was GROUP ELO founded?
- GROUP ELO was founded on 06-05-2013.
- Is GROUP ELO still active?
- Yes, GROUP ELO is an active enterprise in the KBO register.
- How many employees does GROUP ELO have?
- GROUP ELO had an average of 14.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of GROUP ELO?
- The turnover in financial year 2025 is ≈ €5.0m. This figure is estimated from the gross margin of €520,890 and 41 comparable companies (NACE 47110). It probably lies between €4.1m and €6.7m.
- Is GROUP ELO profitable?
- In financial year 2025, GROUP ELO made a profit of €5,373.
- Where can I find the annual accounts of GROUP ELO?
- GROUP ELO filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GROUP ELO due?
- GROUP ELO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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