ELALCO
ActiveThe computed 12-month bankruptcy probability of ELALCO is 1.5% (moderate). The 2025 annual accounts show equity of €167k and a net result of €23k. Equity is growing by ~8.7% per year across the filed fiscal years. Its solvency ranks better than 39% of 31545 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
84
/ 100
Excellent▲ +49 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▲+68
Solvency87▲+8
Growth52=
Stability100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 5.05 against 7.14 in 2024), but 57.5% 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.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
42.5%
Return on assets
5.8%
Age of the figures
16 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-05-2025 was due by 31-12-2025 and was filed on 14-06-2025, 200 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
200 d early
2024
76 d late
2023
62 d early
2022
47 d late
2021
98 d late
2020
28 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-05-2026 and is due by 31-12-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-05-2026 close16-09-2026 today31-12-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€167k▲ 14.5%
2024 · €146k
2020: €88k
2021: €165k
2022: €201k
2023: €205k
2024: €146k
2020 → 2025
Total assets
€392k▼ 1.2%
2024 · €397k
2020: €131k
2021: €198k
2022: €247k
2023: €339k
2024: €397k
2020 → 2025
Net result
€23k
2024 · €-59k
2020: €83k
2021: €79k
2022: €38k
2023: €4k
2024: €-59k
2020 → 2025
Working capital
€229k▼ 6.9%
2024 · €246k
2020: €86k
2021: €135k
2022: €184k
2023: €214k
2024: €246k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€165k-€201k▲ 21.9%€205k▲ 1.7%€146k▼ 29.0%€167k▲ 14.5%
Operating result€100k-€50k▼ 49.9%€8k▼ 84.0%€-53k€37k
Net result€79k-€38k▼ 52.2%€4k▼ 90.7%€-59k€23k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €37k after a loss of €53k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €392k
Fixed assets
€106k▼ 3.9%
Current assets
€286k▼ 0.2%
Equity and liabilities €392k
Equity
€167k▲ 14.5%
Debt
€226k▼ 10.3%
The debt ratio falls from 63.3% to 57.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€59k▲
2024 · €-40k
Cash flow
€45k▲
2024 · €-46k
Solvency
42.5%▲
2024 · 36.7%
Current ratio
5.05▼
2024 · 7.14
Quick ratio
0.09▲
2024 · 0.05
Debt / equity
1.35▼
2024 · 1.73
ROE
13.7%▲
2024 · -40.8%
ROA
5.8%▲
2024 · -14.9%
Interest coverage
5.15▲
2024 · -6.89
Debt
€226k▼
2024 · €251k
Debt ≤ 1 year
€57k▲
2024 · €40k
Debt > 1 year
€168k▼
2024 · €185k
Income taxes
€586
Staff costs
€23k▼
2024 · €27k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€397k€392k▼
Fixed assets21/28€110k€106k▼
Intangible fixed assets21€33k€28k▼
Tangible fixed assets22/27€77k€78k▲
Land and buildings22€56k€64k▲
Plant, machinery and equipment23€8k€5k▼
Furniture and vehicles24€14k€8k▼
Current assets29/58€287k€286k▼
Stocks and contracts in progress3€285k€281k▼
Stocks30/36€285k€281k▼
Amounts receivable within one year40/41€195€124▼
Trade receivables40€195€124▼
Cash at bank and in hand54/58€2k€4k▲
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€397k€392k▼
Equity10/15€146k€167k▲
Contributions10/11€7k€7k=
Reserves13€78k€78k=
Distributable reserves133€78k€78k=
Profit (loss) carried forward14€61k€82k▲
Amounts payable17/49€251k€226k▼
Amounts payable after more than one year17€185k€168k▼
Financial debts170/4€185k€168k▼
Amounts payable within one year42/48€40k€57k▲
Current portion of amounts payable after more than one year42€9k€15k▲
Trade debts44€13k€15k▲
Suppliers440/4€13k€15k▲
Taxes, remuneration and social security45€3k€3k▲
Taxes450/3€0€586▲
Remuneration and social security454/9€3k€3k▼
Other amounts payable47/48€15k€24k▲
Accrued charges and deferred income492/3€26k€610▼
Income statement
Code20242025
Remuneration, social security and pensions62€27k€23k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€22k▲
Other operating charges640/8€493€1k▲
Gross operating margin9900€-13k€83k▲
Operating profit (loss)9901€-53k€37k▲
Financial income75/76B-€550
Recurring financial income75-€550
Non-recurring financial income76B-€550
Financial charges65/66B€6k€14k▲
Recurring financial charges65€6k€11k▲
Non-recurring financial charges66B€6k€2k▼
Profit (loss) for the period before taxes9903€-59k€23k▲
Income taxes67/77-€586
Profit (loss) for the period9904€-59k€23k▲
Profit (loss) for the period to be appropriated9905€-59k€23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€61k€84k▲
Profit (loss) brought forward from the previous period14P€120k€61k▼
Profit to be distributed694/7-€2k
Return on contributions (dividend)694-€2k
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
14-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-05
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
31-05
Financial
Equity above €150kEq €167k ▲14.5%
Equity rises from €146k to €167k.
17-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 76 days late
2024
31-05
Financial
Weakest financial yearnet €-59k ▼1785%
Net result drops to €-59k, the lowest in the series; recovery starts the following year.
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
16-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 47 days late
2022
31-05
Financial
Equity above €200kEq €201k ▲21.9%
3 profitable years in a row build equity to €201k.
08-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 98 days late
2021
31-05
Financial
Equity above €150kEq €165k ▲88.5%
2 profitable years in a row build equity to €165k.
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Hasselt · 1 establishment unit since 2019
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.
Koorstraat 123510 HasseltGround area
928 m²
Building footprint
217 m²
Volume, LiDAR
1,667 m³
Parcel 71028B0317/00S002, Flanders · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
HUPSA Kindermode
since 20192.291.264.912
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71028B0317/00S002 | Flanders | 928 m² | 1 · 217 m² | 11.4 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.
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GEANIUS
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Nxt Steps
BE 0704.843.075
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Of 499 companies in sector 47713 we hold annual accounts for 195. 146 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-07-2019
Fiscal year end31-05
Activities, NACEBEL
47713Retail trade
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.elalco.be
Website:www.hupsa-kindermode.be