ELFRU
ActiveSummary
ELFRU has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.25M and a net result of €562k. Equity is growing by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 91% of 1736 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▲+2
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €280k at 30 days acceptable
Liquidity ample (current ratio 9.6 against 4.52 in 2024; short-term debt: 5.2% and cash: 8% of total assets), and 13.9% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← 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
86.1%
Return on assets
14.9%
Age of the figures
15 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 22-12-2025, 40 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
40 d early
2024
44 d early
2023
34 d early
2022
32 d early
2021
38 d early
2020
19 d early
2019
42 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 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€3.25M▲ 14.1%
2024 · €2.84M
2019: €1.93M
2020: €2.10M
2021: €2.25M
2022: €2.35M
2023: €2.41M
2024: €2.84M
2019 → 2025
Total assets
€3.77M▲ 9.4%
2024 · €3.45M
2019: €2.66M
2020: €3.32M
2021: €3.40M
2022: €3.38M
2023: €3.05M
2024: €3.45M
2019 → 2025
Net result
€562k▲ 28.4%
2024 · €438k
2019: €-197k
2020: €179k
2021: €146k
2022: €95k
2023: €60k
2024: €438k
2019 → 2025
Working capital
€1.67M▲ 45.3%
2024 · €1.15M
2019: €-34k
2020: €62k
2021: €364k
2022: €496k
2023: €518k
2024: €1.15M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.25M-€2.35M▲ 4.2%€2.41M▲ 2.6%€2.84M▲ 18.2%€3.25M▲ 14.1%
Operating result€195k-€120k▼ 38.4%€93k▼ 22.4%€601k▲ 545%€658k▲ 9.5%
Net result€146k-€95k▼ 34.6%€60k▼ 36.8%€438k▲ 626%€562k▲ 28.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 9% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.77M
Fixed assets
€1.90M ▼ 3.3%
Current assets
€1.87M ▲ 26.3%
Equity and liabilities €3.77M
Equity
€3.25M ▲ 14.1%
Debt
€525k ▼ 12.9%
Debt's share of the balance-sheet total falls from 17.5% to 13.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€840k▲
2024 · €816k
Cash flow
€744k▲
2024 · €653k
Current ratio
9.60▲
2024 · 4.52
Quick ratio
9.52▲
2024 · 4.48
Debt to equity
0.16▼
2024 · 0.21
ROE
17.3%▲
2024 · 15.4%
ROA
14.9%▲
2024 · 12.7%
Interest coverage
140.42▼
2024 · 332.00
Debt ≤ 1 year
€195k▼
2024 · €328k
Debt > 1 year
€180k▼
2024 · €210k
Income taxes
€172k▼
2024 · €176k
Staff costs
€259k▼
2024 · €307k
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 · 60 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.45M€3.77M▲
Fixed assets21/28€1.97M€1.90M▼
Tangible fixed assets22/27€1.93M€1.87M▼
Land and buildings22€1.48M€1.42M▼
Plant, machinery and equipment23€371k€273k▼
Furniture and vehicles24€71k€51k▼
Assets under construction and advance payments27-€125k
Financial fixed assets28€40k€33k▼
Current assets29/58€1.48M€1.87M▲
Stocks and contracts in progress3€13k€15k▲
Stocks30/36€13k€15k▲
Amounts receivable within one year40/41€172k€202k▲
Trade receivables40€122k€188k▲
Other amounts receivable41€50k€14k▼
Current investments50/53€862k€1.32M▲
Cash at bank and in hand54/58€408k€300k▼
Deferred charges and accrued income490/1€25k€28k▲
Equity and liabilities
Total equity and liabilities10/49€3.45M€3.77M▲
Equity10/15€2.84M€3.25M▲
Contributions10/11€1.46M€1.46M=
Reserves13€1.15M€1.14M▼
Non-distributable reserves130/1€146k€146k=
Reserves not available under the articles1311€146k€146k=
Distributable reserves133€1,000k€990k▼
Profit (loss) carried forward14€239k€651k▲
Amounts payable17/49€603k€525k▼
Amounts payable after more than one year17€210k€180k▼
Financial debts170/4€210k€180k▼
Amounts payable within one year42/48€328k€195k▼
Current portion of amounts payable after more than one year42€33k€30k▼
Trade debts44€136k€40k▼
Suppliers440/4€136k€40k▼
Taxes, remuneration and social security45€159k€112k▼
Taxes450/3€157k€106k▼
Remuneration and social security454/9€1k€7k▲
Other amounts payable47/48-€12k
Accrued charges and deferred income492/3€65k€150k▲
Income statement
Code20242025
Non-recurring operating income76A€77k-
Remuneration, social security and pensions62€307k€259k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€215k€182k▼
Other operating charges640/8€11k€14k▲
Non-recurring operating charges66A-€30k
Gross operating margin9900€1.13M€1.14M▲
Operating profit (loss)9901€601k€658k▲
Financial income75/76B€15k€83k▲
Recurring financial income75€15k€83k▲
Financial charges65/66B€2k€6k▲
Recurring financial charges65€2k€6k▲
Profit (loss) for the period before taxes9903€613k€734k▲
Income taxes67/77€176k€172k▼
Profit (loss) for the period9904€438k€562k▲
Profit (loss) for the period to be appropriated9905€438k€562k▲
Appropriation of the result
Profit (loss) to be appropriated9906€677k€801k▲
Profit (loss) brought forward from the previous period14P€239k€239k=
Transfer from equity791/2-€160k
Transfer to equity691/2€438k€150k▼
To other reserves6921€438k€150k▼
Profit to be distributed694/7-€160k
Return on contributions (dividend)694-€160k
Social balance
Average headcount (FTE)90876.210.6▲
The notes to these accounts (12 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
22-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
30-06
Financial
Highest result since 2019net €562k ▲28.4%
Operating result €658k, net result €562k, both a record.
30-06
Financial
Liquidity doublescurrent ratio 9.60
Current ratio from 4.52 to 9.60; short-term debt falls from €328k to €195k.
2024
18-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
28-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
30-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
24-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
12-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Back to profitnet €179k
Net result €179k after one loss-making year.
30-06
Financial
Equity above €2MEq €2.10M ▲9.3%
Equity rises from €1.93M to €2.10M.
2019
20-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
22-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
26-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
23-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Voeren · 1 establishment unit since 2006
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.
Schilberg 103790 VoerenGround area
739 m²
Building footprint
227 m²
Volume, LiDAR
1,463 m³
Parcel 73078B0786/00K000, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Elfru
since 20062.156.321.777
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73078B0786/00K000 | Flanders | 739 m² | 1 · 227 m² | 10.2 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 7 entries · 227,612 EUR awarded · 227,612 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 98,972 EUR | 98,972 EUR |
| 2024 | 2 | 74,793 EUR | 74,793 EUR |
| 2023 | 2 | 32,832 EUR | 32,832 EUR |
| 2022 | 1 | 21,015 EUR | 21,015 EUR |
Schemes
Brede weersverzekering
Subsidie voor de verwarringstechniek in de fruitteelt
Recognitions · licences · registrations
Food safety, FASFC
1 siteVoeren/Fourons2.156.321.777
Similar companies · same sector, comparable size
FRUITHANDEL ROELANDT
BE 0464.374.533
Beveren-Kruibeke-Zwijndrecht · Eq €3.24M
GIEWA
BE 0832.900.396
Sint-Truiden · Eq €3.19M
HEALTHY FRUIT
BE 0889.286.694
Geetbets · Eq €3.39M
FRUTABEL
BE 0456.009.272
Mol · Eq €3.06M
BLOESEMFRUIT
BE 0806.898.161
Riemst · Eq €3.02M
Of 1,345 companies in sector 01240 we hold annual accounts for 321. 165 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
Founded04-09-2006
Fiscal year end30-06
Activities, NACEBEL 2025
01240Growing of pome and stone fruits
46319Wholesale of fruit and vegetables, excluding potatoes
47210Retail sale of fruit and vegetables
52100Warehousing and storage
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:elfru.fruit@skynet.be
Phone:+32478428894
Phone:0478428894