Equity
€583,120 from €1.1m in 2020
Equity fell by 46% in 5 years.
El-Mar
Lifetime
7 annual accounts with figures on one time axispeak €758,586 (2020)
€58,949▲ 99.6%
lowest -€186,364 (2022)
-€32,843▲ €35,708
peak €1.1m (2020)
€583,120▼ 5.3%
€846,443▼ 1.4%
Board1 name since 2019
1 director
Documentsfilings and deeds
27-07-20264 days before the deadline
2025micro format
Gross margin from €29,534 to €58,949Loss of €32,843
Key points
from the 2025 annual accountsLosses
-€487,413 in five years
Every financial year from 2021 to 2025 closed with a loss. 2022 was the heaviest.
Turnover
≈ €170,000 estimated
The micro format states no turnover.
Liquidity
1.31 was 0.57 in 2024
Short-term debts rose from €90,032 to €107,953.
Filings
7 annual accounts 1 late
The 2019 accounts came 90 days late. The other six were filed on time.
Starting capital
€608,894
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 929 companies had the same profile as El-Mar has now. Each dot stands for 3 companies, two years later.
92.8%
were still trading
5.5%
stopped another way
1.7%
went bankrupt
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 929 companies, not a prediction for El-Mar. 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 0208:0728692902
Company renamed from Rovan-Immo 1 to El-Mar
General meeting of 01-12-2023 · Gazette deed
Demerger: Rovan-Immo splits off to Rovan-Immo 1
General meeting of 12-11-2020 · Gazette deed
Environmental permit granted
Verbouwen en/of uitbreiden zonder functiewijziging en met wijzigen van aantal woongelegenheden · Waregem
Official details
Source: KBO- Status
- Active since 20-06-2019Normal situation
- Activity
- “Alle roerende,onroerende en financiële handelingen die rechtstreeks of onrechtstreeks verband houden met haar voorwerp” (deed in Dutch)From the articles, 12 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.294.850.2498790 Waregem, since 20-06-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 06-01-2026
Annual accounts 2025
- €1.6m▼ 3.2%
- Filing
- Filed on 27-07-2026, 4 days before the end of the filing period
Insights on El-Mar
El-Mar files the micro format. That format states no turnover. The gross margin rose from -€1,684 in 2019 to €58,949 in 2025.
The balance sheet grew most from 2020 to 2022 through fixed assets.
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 El-Mar
- What is the company number of El-Mar?
- The company number of El-Mar is 0728.692.902. The VAT number is the same number with BE in front: BE 0728.692.902.
- Where is El-Mar based?
- The registered office is at Bessemstraat 2, 8790 Waregem.Company details
- What is the legal form of El-Mar?
- El-Mar is a private limited company (BV).
- When was El-Mar founded?
- El-Mar was founded on 20-06-2019.
- Is El-Mar still active?
- Yes, El-Mar is an active enterprise in the KBO register.
- What is the turnover of El-Mar?
- The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €58,949 and 2,981 comparable companies of the same size. It probably lies between €110,000 and €300,000. It is a rough estimate.Financials
- Is El-Mar profitable?
- In financial year 2025, El-Mar made a loss of €32,843.
- Where can I find the annual accounts of El-Mar?
- El-Mar filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of El-Mar due?
- El-Mar must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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