ELFLOR
ActiveSummary
ELFLOR has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €143k and a net result of €2k. Equity is growing by ~9.3% per year across the filed fiscal years. Its solvency ranks better than 65% of 18280 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability27▼-5
Solvency77▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 2.0 against 1.87 in 2024; short-term debt: 48.1% and cash: 12.6% of total assets), and 48.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
51.7%
Return on assets
0.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
26 d late
2023
30 d late
2022
29 d late
2021
61 d late
2020
17 d late
2019
46 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€143k▲ 1.7%
2024 · €141k
2018: €92k
2019: €92k
2020: €74k
2021: €87k
2022: €101k
2023: €133k
2024: €141k
2018 → 2025
Total assets
€277k▼ 5.4%
2024 · €292k
2018: €171k
2019: €159k
2020: €163k
2021: €186k
2022: €200k
2023: €233k
2024: €292k
2018 → 2025
Net result
€2k▼ 70.4%
2024 · €8k
2018: €-18k
2019: €963
2020: €-18k
2021: €12k
2022: €14k
2023: €32k
2024: €8k
2018 → 2025
Working capital
€133k▲ 3.1%
2024 · €129k
2018: €92k
2019: €91k
2020: €74k
2021: €86k
2022: €123k
2023: €135k
2024: €129k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€87k-€101k▲ 16.2%€133k▲ 31.8%€141k▲ 6.0%€143k▲ 1.7%
Operating result€14k-€15k▲ 4.3%€34k▲ 129%€25k▼ 27.7%€21k▼ 15.4%
Net result€12k-€14k▲ 13.3%€32k▲ 128%€8k▼ 75.2%€2k▼ 70.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 15% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €277k
Fixed assets
€11k ▼ 28.7%
Current assets
€266k ▼ 4.1%
Equity and liabilities €277k
Equity
€143k ▲ 1.7%
Provisions
€544 ▼ 14.0%
Debt
€133k ▼ 12.0%
Debt's share of the balance-sheet total falls from 51.7% to 48.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€22k▼
2024 · €27k
Cash flow
€3k▼
2024 · €10k
Current ratio
2.00▲
2024 · 1.87
Quick ratio
1.47▲
2024 · 1.32
Debt to equity
0.93▼
2024 · 1.07
ROE
1.6%▼
2024 · 5.7%
ROA
0.9%▼
2024 · 2.7%
Interest coverage
0.86▼
2024 · 1.22
Debt ≤ 1 year
€133k▼
2024 · €148k
Income taxes
€1k▼
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 59 lines
Balance sheet
Code20242025
Assets
Total assets20/58€292k€277k▼
Fixed assets21/28€15k€11k▼
Tangible fixed assets22/27€13k€9k▼
Plant, machinery and equipment23-€7k
Furniture and vehicles24€13k€2k▼
Financial fixed assets28€2k€2k=
Current assets29/58€277k€266k▼
Stocks and contracts in progress3€81k€70k▼
Stocks30/36€81k€70k▼
Amounts receivable within one year40/41€167k€161k▼
Trade receivables40€39k€13k▼
Other amounts receivable41€128k€148k▲
Cash at bank and in hand54/58€26k€35k▲
Deferred charges and accrued income490/1€3k€0▼
Equity and liabilities
Total equity and liabilities10/49€292k€277k▼
Equity10/15€141k€143k▲
Contributions10/11€21k€21k=
Reserves13€63k€65k▲
Tax-exempt reserves132€3k€3k▼
Distributable reserves133€60k€62k▲
Profit (loss) carried forward14€56k€56k▲
Provisions and deferred taxes16€632€544▼
Deferred taxes168€632€544▼
Amounts payable17/49€151k€133k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€148k€133k▼
Current portion of amounts payable after more than one year42€15k€526▼
Financial debts43€30k€41k▲
Credit institutions430/8€7k€12k▲
Other loans439€23k€29k▲
Trade debts44€54k€50k▼
Suppliers440/4€54k€50k▼
Taxes, remuneration and social security45€40k€36k▼
Taxes450/3€27k€25k▼
Remuneration and social security454/9€13k€11k▼
Other amounts payable47/48€8k€6k▼
Accrued charges and deferred income492/3€3k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€801▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€17k€5k▼
Other operating charges640/8€7k€3k▼
Gross operating margin9900€50k€29k▼
Operating profit (loss)9901€25k€21k▼
Financial income75/76B€7k€8k▲
Recurring financial income75€7k€8k▲
Financial charges65/66B€22k€25k▲
Recurring financial charges65€22k€25k▲
Profit (loss) for the period before taxes9903€10k€3k▼
Transfer from deferred taxes780€88€88=
Transfer to deferred taxes680€720€0▼
Income taxes67/77€2k€1k▼
Profit (loss) for the period9904€8k€2k▼
Transfer from tax-exempt reserves789€353€353=
Transfer to tax-exempt reserves689€3k€0▼
Profit (loss) for the period to be appropriated9905€5k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€61k€59k▼
Profit (loss) brought forward from the previous period14P€56k€56k▲
Transfer to equity691/2€5k€3k▼
To other reserves6921€5k€3k▼
The notes to these accounts (11 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
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Highest result since 2018net €32k ▲128%
Operating result €34k, net result €32k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Equity above €100kEq €101k ▲16.2%
2 profitable years in a row build equity to €101k.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
2020
31-12
Financial
Weakest financial yearnet €-18k ▼1997%
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €963
Net result €963 after one loss-making year.
Show earlier events
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 20 days late
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Hooglede · 1 establishment unit since 1992
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.
Bruggesteenweg 308830 HoogledeGround area
1,019 m²
Building footprint
346 m²
Volume, LiDAR
1,449 m³
Parcel 36005E0024/00G000, Flanders · tallest building 8.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
ELFLOR BVBA
since 19922.040.715.989
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36005E0024/00G000 | Flanders | 1,019 m² | 1 · 346 m² | 8.6 m · 1 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteHooglede2.040.715.989
Similar companies · same sector, comparable size
MEDUSA ART & COMMUNICATIONS
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ARGOS VIDEO SPRL
BE 0888.866.923
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De Notelaar
BE 0414.858.211
Antwerpen · Eq €143,917
TWC
BE 0842.357.797
Antwerpen · Eq €141,793
IMMO-BOIS-SART
BE 0436.317.183
Erezée · Eq €144,933
Of 4,243 companies in sector 47789 we hold annual accounts for 1,019. 812 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-10-1988
Fiscal year end31-12
Activities, NACEBEL 2025
47789Other retail sale of new goods
47210Retail sale of fruit and vegetables
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.