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Van Elsacker Jelle

Active
Private limited companyfounded 20224 yrs activeSint Lenaartsebaan 97A, 2390 Malle, BelgiumKBO/BCE: BE 0779.823.877
Summary

The computed 12-month bankruptcy probability of Van Elsacker Jelle is 2.0% (moderate). The annual accounts of Van Elsacker Jelle for fiscal year 2025 show a net loss of 86% of the equity at the start of that year. The 2025 annual accounts show equity of €1,415 and a net result of -€8,714. Equity is shrinking by ~42.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 10% of 33831 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
Van Elsacker JelleActiveChecked score 51/100
Risk analysis ReportCompare

Overview

Activity
Joinery installation
NACE 43320
1 site
Size
€99,075total assets 2025
Equity
€1,415
Loss
-€8,714
Turnover not published (abridged schema)
Financial health
51 Fair Checked score 2025
Bankruptcy chance 12 m
2.0%
Structure
Accounts 2 d early0 of 1 deed read
Why 51- Founded in 2022- Sector Specialised construction activities (NACE 43)- Equity €1,415 (1.4% of total assets)+ Size: total assets €99,075Show the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 12% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 26-8
equity 1.4% of total assets
Liquidity 16-23
short-term debt 68.7% · cash 2.4%
Profitability 58-4
return on assets -8.8%
Bankruptcy probability, 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,133 companies)
Last 24 months 11-2024: 1.3% 12-2024: 1.3%● 0.0% vs 11-2024 01-2025: 1.3%▼ -2.2% vs 12-2024lowest value 02-2025: 1.3%● 0.0% vs 01-2025lowest value 03-2025: 1.3%● 0.0% vs 02-2025lowest value 04-2025: 1.4%▲ +5.6% vs 03-2025 05-2025: 1.4%▲ +3.1% vs 04-2025 06-2025: 1.4%▼ -0.6% vs 05-2025 07-2025: 1.5%▲ +3.7% vs 06-2025 08-2025: 2.1%▲ +42.5% vs 07-2025 09-2025: 2.1%▼ -0.7% vs 08-2025 10-2025: 2.1%▼ -0.8% vs 09-2025 11-2025: 2.1%● 0.0% vs 10-2025 12-2025: 2.1%● 0.0% vs 11-2025 01-2026: 1.9%▼ -8.0% vs 12-2025 02-2026: 1.9%▼ -1.8% vs 01-2026 03-2026: 1.9%● 0.0% vs 02-2026 04-2026: 1.9%▲ +3.8% vs 03-2026 05-2026: 2.1%▲ +6.8% vs 04-2026 06-2026: 2.1%▲ +3.6% vs 05-2026 07-2026: 2.2%▲ +3.4% vs 06-2026highest value 08-2026: 2.0%▼ -7.7% vs 07-2026 09-2026: 2.0%● 0.0% vs 08-2026 10-2026: 2.0%▼ -2.1% vs 09-2026
  • Founded in 2022 raises the probability for this profile
  • Sector Specialised construction activities (NACE 43) raises the probability
  • Size: total assets €99,075 lowers the probability for this profile
  • Equity €1,415 (1.4% of total assets) raises the probability
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.33 against 0.46 in 2024; short-term debt: 68.7% and cash: 2.4% of total assets), and 98.6% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 9%, liquidity 9%, profitability 27%, growth against the median 5%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Founded in 2022
In the bankruptcy model this factor raises the probability for this profile.
KBO
raises risk · Sector Specialised construction activities (NACE 43)
In the bankruptcy model this factor raises the probability.
KBO
lowers risk · Size: total assets €99,075
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Equity €1,415 (1.4% of total assets)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
22232425
2022 to 2025 · latest year -€8,714
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 33831 sector peers (2025).
NBB · sector comparison
Position among 33831 sector peers
Solvency
better than 10%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
2 d early
2024
1 d early
2023
1 d early
2022
6 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 3 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 30 July (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
04-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Weakest financial yearnet -€8,714
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Caution: Among the weakest 10% on equitysector median €57,664 · 33,843 companies €1,415 View
  • Caution: 2 loss-making years in a rowloss fiscal year 2025 -€8,714 View
  • Positive: Always filed on timeaccounts within the deadline every year 4 years View

By topic

Financials

Fiscal year
2025
Total assets
€99,075
Loss
-€8,714
Solvency
1.4%
Total assets▼ 15.0%
Net result
20222025
Go to Financials

Timeline

Events
5
Since
2023
Next accounts
by 31-07-2027
  1. 29-07-2026Annual accounts filed
  2. 31-12-2025Weakest financial year
  3. 30-07-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Joinery installationNACE 43320
Founded
07-01-2022
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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