Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of ELBORECO is 0.8% (low). The 2025 annual accounts show equity of €1.15M and a net result of €280k. The company has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 1 annual account.
Filing behaviour
From the deposit records, complete market-wide| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | 10-06-2026 | 51 d early | 2026-00149628 |
| 31-12-2024 | 31-07-2025 | 15-07-2025 | 16 d early | 2025-00268317 |
| 31-12-2023 | 31-07-2024 | 04-07-2024 | 27 d early | 2024-00206972 |
| 31-12-2022 | 31-07-2023 | 14-06-2023 | 47 d early | 2023-00123884 |
| 31-12-2021 | 31-07-2022 | 21-06-2022 | 40 d early | 2022-20076670 |
| 31-12-2020 | 31-07-2021 | 21-06-2021 | 40 d early | 2021-22100108 |
| 31-12-2019 | 31-07-2020 | 15-06-2020 | 46 d early | 2020-16500520 |
| 31-12-2018 | 31-07-2019 | 04-07-2019 | 27 d early | 2019-27900386 |
| 31-12-2017 | 31-07-2018 | 05-07-2018 | 26 d early | 2018-28400017 |
| 31-12-2016 | 31-07-2017 | 16-08-2017 | 16 d late | 2017-43300435 |
Source: the National Bank's deposit records, as we have ingested them. NOTE: our copy has a gap across June to August 2026, missing roughly 220,000 deposits; for July we hold 15,605 of about 137,000 expected. A year whose deadline falls in that window shows as not confirmed, not as not filed. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsAdministrative Flags
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneStatistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
Annual accounts & ratios
Source: NBB · 2025| Fiscal year | 2025 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €599k |
| Net profit | €280k |
| Cash flow | €483k |
| Staff costs | €38k |
| Income taxes | €116k |
| Dividends | - |
| Total assets | €1.42M |
| Equity | €1.15M |
| Debt | €279k |
| of which ≤ 1y | €157k |
| of which > 1y | €121k |
| Working capital | €453k |
| Employees (FTE) | 0.6 |
| 2025 | |
|---|---|
| Current ratio | 3.89 |
| Quick ratio | 3.87 |
| Working capital ratio | 31.8% |
| Solvency | 80.4% |
| Debt / equity | 0.24 |
| Long-term debt ratio | 0.11 |
| Interest coverage | 142.00 |
| Gross margin | - |
| Net margin | - |
| ROA | 19.7% |
| ROE | 24.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (24 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.42M |
| Fixed assets | 21/28 | €815k |
| Tangible fixed assets | 22/27 | €814k |
| Financial fixed assets | 28 | €310 |
| Current assets | 29/58 | €610k |
| Stocks & contracts in progress | 3 | €3k |
| Amounts receivable within one year | 40/41 | €414k |
| Cash & bank | 54/58 | €176k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.42M |
| Equity | 10/15 | €1.15M |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €1.13M |
| Amounts payable | 17/49 | €279k |
| Amounts payable after one year | 17 | €121k |
| Amounts payable within one year | 42/48 | €157k |
| Trade debts payable within one year | 44 | €51k |
| Income statement | ||
| Gross operating margin | 9900 | €644k |
| Operating result | 9901 | €396k |
| Financial income | 75 | €3k |
| Financial charges | 65 | €4k |
| Result before taxes | 9903 | €395k |
| Income taxes | 67/77 | €116k |
| Net result for the period | 9904 | €280k |
| Result to be appropriated | 9905 | €280k |
Health barometer
FY 2025 · computedThe full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Structure & network
Connections & network
1 connected companyOwnership & control
1 partyEach band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.
Locations & real estate
Registered office
on the map · from the address registerEstablishment units
1 locationReal-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13452K0803/00F000 | Flanders | 2,919 m² | 1 · 343 m² | 9.8 m · 2 fl. |
Publications
Lifecycle & Insolvency Signals
Belgian State Gazette · acts
1 of 5 acts readOf the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
What every Belgian State Gazette publication actually says, each act broken down into appointments, capital movements, seat moves and statute amendments.
- Merger proposal preparation , 2026-06-08
- Merger , absorption, 2025-12-31
- Accounting effect , 2026-01-01
- Power of attorney, Acs Accountants
Analysis
Financial profile
4 of 5 axes measuredStrong profile, led by profitability.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Credit advice
verdict per customer and amountSimilar
Similar companies
Same sector and regionCompany registry
Company registry (CBE)
Crossroads Bank| Legal nameNL | ELBORECO |