L’ELEPHANT & CO
ActiveThe computed 12-month bankruptcy probability of L’ELEPHANT & CO is 5.2% (elevated). The 2024 annual accounts show equity of €17k and a net result of €11k. Its solvency ranks better than 66% of 18940 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+12
Solvency73▲+23
Growth78
Track record94
Bankruptcy probability, 12 months
5.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.98 against 0.2 in 2023; short-term debt: 52% and cash: 45.3% of total assets), and 52% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
Sector 56
higher
← 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 2024Solvency, return and age of the figures
Solvency
48%
Return on assets
33.1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-04-2025, 94 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
94 d early
2023
23 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€17k▲ 223%
2023 · €5k
2023: €5k
2023 → 2024
Total assets
€35k▲ 66.4%
2023 · €21k
2023: €21k
2023 → 2024
Net result
€11k▲ 264%
2023 · €3k
2023: €3k
2023 → 2024
Working capital
€-383▲ 97.0%
2023 · €-13k
2023: €-13k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€5k-€17k▲ 223%
Operating result€5k-€16k▲ 198%
Net result€3k-€11k▲ 264%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 198% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €35k
Fixed assets
€17k▼ 4.0%
Current assets
€18k▲ 468%
Equity and liabilities €35k
Equity
€17k▲ 223%
Debt
€18k▲ 14.9%
The debt ratio falls from 75.2% to 52.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€19k▲
2023 · €8k
Cash flow
€15k▲
2023 · €6k
Solvency
48.0%▲
2023 · 24.8%
Current ratio
0.98▲
2023 · 0.20
Quick ratio
0.93▲
2023 · 0.12
Debt / equity
1.08▼
2023 · 3.04
ROE
69.0%▲
2023 · 61.3%
ROA
33.1%▲
2023 · 15.2%
Interest coverage
13.01▼
2023 · 157.87
Debt
€18k▲
2023 · €16k
Debt ≤ 1 year
€18k▲
2023 · €16k
Income taxes
€3k▲
2023 · €2k
Staff costs
€30k▲
2023 · €7k
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€21k€35k▲
Fixed assets21/28€18k€17k▼
Intangible fixed assets21€369€219▼
Tangible fixed assets22/27€13k€12k▼
Land and buildings22€1k€1k▼
Plant, machinery and equipment23€3k€5k▲
Furniture and vehicles24€9k€6k▼
Financial fixed assets28€4k€4k=
Current assets29/58€3k€18k▲
Stocks and contracts in progress3€1k€801▼
Stocks30/36€1k€801▼
Amounts receivable within one year40/41€932€822▼
Other amounts receivable41€932€822▼
Cash at bank and in hand54/58€587€16k▲
Deferred charges and accrued income490/1€363€322▼
Equity and liabilities
Total equity and liabilities10/49€21k€35k▲
Equity10/15€5k€17k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€3k€15k▲
Amounts payable17/49€16k€18k▲
Amounts payable within one year42/48€16k€18k▲
Trade debts44€1k€1k▲
Suppliers440/4€1k€1k▲
Taxes, remuneration and social security45€5k€14k▲
Taxes450/3€4k€12k▲
Remuneration and social security454/9€294€2k▲
Other amounts payable47/48€10k€2k▼
Income statement
Code20232024
Remuneration, social security and pensions62€7k€30k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Other operating charges640/8€5k€3k▼
Gross operating margin9900€20k€53k▲
Operating profit (loss)9901€5k€16k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€49€1k▲
Recurring financial charges65€49€1k▲
Profit (loss) for the period before taxes9903€5k€15k▲
Income taxes67/77€2k€3k▲
Profit (loss) for the period9904€3k€11k▲
Profit (loss) for the period to be appropriated9905€3k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€3k€15k▲
Profit (loss) brought forward from the previous period14P-€3k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
NBB filing
Directors · office · real estate
Directors
2 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, Mouscron · 1 establishment unit since 2023
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.
Coquiniestraat 187700 MouscronGround area
120 m²
Building footprint
113 m²
Volume, LiDAR
886 m³
Parcel 54436A0583/00C002, Wallonia · tallest building 9.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
L’ELEPHANT & CO
since 20232.342.510.111
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54436A0583/00C002 | Wallonia | 120 m² | 1 · 113 m² | 9.1 m · 3 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 siteMouscron/Moeskroen2.342.510.111
Similar companies · same sector, comparable size
Le Donald'Son
BE 1009.034.382
Mouscron · Eq €17k
BELCOSMO GROUP
BE 0761.836.515
Schaarbeek · Eq €17k
MERRY INVESTMENT
BE 0540.819.936
Antwerpen · Eq €17k
Idris & Adam
BE 0786.830.346
Gent · Eq €17k
DISTRILUI
BE 0770.242.950
Morlanwelz · Eq €17k
Of 14,028 companies in sector 56301 we hold annual accounts for 4,894. 3,913 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-01-2023
Fiscal year end31-12
Activities, NACEBEL
56301Cafés and bars
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.