ELGN
ActiveSummary
ELGN has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €134k and a net result of €34k. Equity is growing by ~45.4% per year across the filed fiscal years. Its solvency ranks better than 21% of 1901 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▼-26
Solvency42▼-24
Growth78=
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity short (current ratio 0.86 against 1.71 in 2024; short-term debt: 69.2% and cash: 2.8% of total assets), and 83.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Sector 63
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
16.8%
Return on assets
4.2%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 1901 sector peers (2025).
NBB · sector comparisonPosition among 1901 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€134k▲ 18.8%
2024 · €113k
2023: €32k
2024: €113k
2023 → 2025
Total assets
€798k▲ 192%
2024 · €273k
2023: €391k
2024: €273k
2023 → 2025
Net result
€34k▼ 58.6%
2024 · €81k
2023: €27k
2024: €81k
2023 → 2025
Working capital
€-78k
2024 · €113k
2023: €32k
2024: €113k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€32k-€113k▲ 258%€134k▲ 18.8%
Operating result€42k-€118k▲ 182%€40k▼ 66.4%
Net result€27k-€81k▲ 206%€34k▼ 58.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 66% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €798k
Fixed assets
€324k
Current assets
€474k
Equity and liabilities €798k
Equity
€134k ▲ 18.8%
Debt
€663k ▲ 315%
Debt's share of the balance-sheet total rises from 58.6% to 83.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€72k
Cash flow
€66k
Current ratio
0.86▼
2024 · 1.71
Debt to equity
4.94▲
2024 · 1.42
ROE
25.1%▼
2024 · 72.0%
ROA
4.2%▼
2024 · 29.8%
Interest coverage
20.56
Debt ≤ 1 year
€552k▲
2024 · €160k
Debt > 1 year
€112k
Income taxes
€7k▼
2024 · €22k
Staff costs
€796
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 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€273k€798k▲
Fixed assets21/28-€324k
Tangible fixed assets22/27-€324k
Furniture and vehicles24-€203k
Leasing and similar rights25-€120k
Current assets29/58€273k€474k▲
Amounts receivable after more than one year29-€60k
Other amounts receivable291-€60k
Amounts receivable within one year40/41€251k€387k▲
Trade receivables40€99k€223k▲
Other amounts receivable41€152k€164k▲
Cash at bank and in hand54/58€19k€23k▲
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€273k€798k▲
Equity10/15€113k€134k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€108k€129k▲
Amounts payable17/49€160k€663k▲
Amounts payable after more than one year17-€112k
Financial debts170/4-€112k
Amounts payable within one year42/48€160k€552k▲
Current portion of amounts payable after more than one year42-€36k
Trade debts44€127k€471k▲
Suppliers440/4€127k€471k▲
Taxes, remuneration and social security45€33k€32k▼
Taxes450/3€33k€32k▼
Other amounts payable47/48-€13k
Accrued charges and deferred income492/3€12€0▼
Income statement
Code20242025
Non-recurring operating income76A-€48k
Remuneration, social security and pensions62-€796
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€33k
Other operating charges640/8€4k€28k▲
Gross operating margin9900€122k€101k▼
Operating profit (loss)9901€118k€40k▼
Financial income75/76B€3k€4k▲
Recurring financial income75€3k€4k▲
Financial charges65/66B€18k€4k▼
Recurring financial charges65€18k€4k▼
Profit (loss) for the period before taxes9903€103k€41k▼
Income taxes67/77€22k€7k▼
Profit (loss) for the period9904€81k€34k▼
Profit (loss) for the period to be appropriated9905€81k€34k▼
Appropriation of the result
Profit (loss) to be appropriated9906€108k€142k▲
Profit (loss) brought forward from the previous period14P€27k€108k▲
Profit to be distributed694/7-€13k
Directors or managers695-€13k
The notes to these accounts (8 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
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Highest result since 2023net €81k ▲206%
Operating result €118k, net result €81k, both a record.
30-09
Financial
Equity above €100kEq €113k ▲258%
2 profitable years in a row build equity to €113k.
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Lievegem · 1 establishment unit since 2022
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.
Ververij 109950 LievegemGround area
7,562 m²
Building footprint
2,748 m²
Volume, LiDAR
15,757 m³
2 parcels, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ELGN
since 20222.333.712.013
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44072C0351/00T003 | Flanders | 6,266 m² | 1 · 2,456 m² | 8.9 m · 2 fl. |
| 44051C0546/00F000 | Flanders | 1,296 m² | 1 · 292 m² | 0.1 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
PN Consulting
BE 0804.600.746
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BE 0677.831.644
Scherpenheuvel-Zichem · Eq €134,364
eLVeCon
BE 0713.601.284
Diepenbeek · Eq €133,805
F.COOK CONSULTING
BE 0785.552.520
Ukkel · Eq €134,524
Schrey Consult
BE 0543.273.739
Herselt · Eq €133,548
Of 3,152 companies in sector 63920 we hold annual accounts for 1,523. 1,250 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
Founded17-06-2022
Fiscal year end30-09
Activities, NACEBEL 2025
63920Other information service activities
70100Activities of head offices
73300Public relations and communication consultancy
74999Other professional, scientific and technical activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.