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Elegast

Active
Non-profit associationfounded 1956active for 70 yearsBelgiëlei 203, 2018 Antwerpen, BelgiumKBO/BCE: BE 0410.412.146
Summary

Elegast has been active since 1956 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11.2m and a net result of €169,641. Equity has been growing by about 2.8% per year since 2018. Its solvency ranks better than 55% of 601 sector peers (NACE 87, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 12-05-1956 Normal situation
Activity
Residential care activities NACE 87991
Joint committee
319 Paritair Comité voor de opvoedings- en huisvestingsinrichtingen en -diensten · annual accounts 2025
Establishment units
2.144.040.191 2060 Antwerpen, since 16-12-2004
2.144.040.587 2018 Antwerpen, since 16-12-2004and 9 others
Financial year end
31 December
Peppol
Reachable since 21-10-2026

Board and ownership

Board
and 4 others
Auditor
Moore Audit

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Surplus
€169,641
▼ 54.2%
Equity
€11.2m
▲ 1.5%
Total assets
€20.3m
▲ 48.0%
Employees on 31-12-2025
214
▼ 2.7%
Turnover not published (abbreviated format)
Score breakdownlowers riskLegal form: non-profit associationLiquidity: current ratio 3.34, cash €7.5mSector: Residential care activities (NACE 87)Founded in 1956Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 58% of medium-sized companies in residential care (NACE 87)
Financial strength · tick: 2024
Strong
Solvency 80-20
equity 55.1% of total assets
Liquidity 93-3
short-term debt 15.1% · cash 37.2%
Profitability 48-24
return on assets 0.8%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (536 companies, NACE 87, medium-sized)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025highest value 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €1,050,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.34 (4.56 in 2024), above the usual 1.5. Short-term debt is 15.1% and cash 37.2% of total assets. 44.9% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 87, medium-sized). It does better than 61% of them on solvency, 99% on liquidity, 24% on profitability and 48% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskneutral
lowers risk · Legal form: non-profit association
KBO
lowers risk · Liquidity: current ratio 3.34, cash €7.5m
NBB · annual accounts
lowers risk · Sector: Residential care activities (NACE 87)
KBO
lowers risk · Founded in 1956
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
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 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
52 days early
2024
30 days early
2023
35 days early
2022
39 days early
2021
34 days early
2020
37 days early
2019
32 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 37 days before the deadline. In the sector (NACE 87), the median for financial year 2024 was 27 days before the deadline, and 25% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Result fell in 2025from €370,051 to €169,641 ▼ 54.2% View
  • Positive: 7th oldest company in the province of Antwerp, Residential care sectorin the Checked rankings No. 7 View
  • Flemish supportawarded from 2022 to 2025 €53.2m View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Directors leftlatest change 30-10-2026 · 7 in office 2 left View

Recent changes

  1. · Gazette deed Resignation: Hubert Vandueren (director)Appointment: Hugo Pietermans (director)
  2. · Gazette deed Resignation: Raphael Vaasen (director)Appointments: Marc de Lint (director) and Nicole Van Houtven (director)
  3. · Gazette deed Permanent representative: Ellen Tindemans
All 35 events

Comparable companies

These companies have the same main activity as Elegast: residential care activities (NACE 87991). They are comparable in size and age: total assets between €9.4m and €33m, founded between 1953 and 1967.

CompanyTotal assetsTurnover
Elegast Antwerpen€20.3m-
Ter Loke Vosselaar€20.1m€0.5m
Maison Heureuse Liège€31.7m-
VERENIGING TOT JEUGDBESCHERMING WINGERDBLOEI Antwerpen€9.4m-
SOS VILLAGE D'ENFANTS BELGIQUE - SOS KINDERDORP BELGIE Sint-Gillis (bij-Brussel)€16.0m-
Jeugdhulp Don Bosco Vlaanderen Eeklo€33.4m€0.2m
Sporen Leuven€9.9m€0.02m
Full comparison

Key facts about Elegast

What is the company number of Elegast?
The company number of Elegast is 0410.412.146. The VAT number is the same number with BE in front: BE 0410.412.146.
Where is Elegast based?
The registered office is at Belgiëlei 203, 2018 Antwerpen.Company details
What does Elegast do?
According to the KBO register, the main activity is residential care activities (NACE 87991).
What is the legal form of Elegast?
The legal form of Elegast is Non-profit association (VZW).
When was Elegast founded?
Elegast was founded on 12-05-1956.
Is Elegast still active?
Yes, Elegast is an active enterprise in the KBO register.
How many employees does Elegast have?
Elegast had an average of 191.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Elegast fall under?
In its 2025 annual accounts, Elegast states joint committee 319 (Paritair Comité voor de opvoedings- en huisvestingsinrichtingen en -diensten).
What is the turnover of Elegast?
The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.
Is Elegast profitable?
In financial year 2025, Elegast made a profit of €169,641.
Where can I find the annual accounts of Elegast?
Elegast filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Elegast due?
Elegast must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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