Elico Management
ActiveElico Management has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-70k) and a net result of €-36k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 8657 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
27
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.38 against 0.61 in 2024; short-term debt: 238.4% and cash: 0% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-138.4%
Return on assets
-70.4%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €-70k
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 · 6 filingsDeviation from the deadline
2025
31 d late
2024
85 d late
2023
61 d late
2022
112 d late
2021
114 d late
2020
61 d late
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-70k▼ 103%
2024 · €-35k
2020: €12k
2021: €20k
2022: €16k
2023: €21k
2024: €-35k
2020 → 2025
Total assets
€51k▼ 23.9%
2024 · €67k
2020: €156k
2021: €59k
2022: €300k
2023: €88k
2024: €67k
2020 → 2025
Net result
€-36k▲ 35.8%
2024 · €-56k
2020: €-3k
2021: €38k
2022: €-5k
2023: €5k
2024: €-56k
2020 → 2025
Working capital
€-75k▼ 90.3%
2024 · €-40k
2020: €7k
2021: €15k
2022: €11k
2023: €16k
2024: €-40k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€20k-€16k▼ 22.4%€21k▲ 33.5%€-35k€-70k▼ 103%
Operating result€-2k-€4k€24k▲ 468%€-58k€-37k▲ 36.6%
Net result€38k-€-5k€5k€-56k€-36k▲ 35.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €37k in 2025 against €58k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €51k
Fixed assets
€5k=
Current assets
€46k▼ 25.8%
Key figures and ratios
Solvency
-138.4%▼
2024 · -51.8%
Current ratio
0.38▼
2024 · 0.61
Quick ratio
0.38▼
2024 · 0.61
Debt / equity
-1.72▲
2024 · -2.93
ROA
-70.4%▲
2024 · -83.4%
Debt
€121k▲
2024 · €101k
Debt ≤ 1 year
€121k▲
2024 · €101k
Income taxes
€1k
Staff costs
€28k▲
2024 · €12k
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€67k€51k▼
Fixed assets21/28€5k€5k=
Financial fixed assets28€5k€5k=
Current assets29/58€62k€46k▼
Amounts receivable within one year40/41€62k€46k▼
Other amounts receivable41€62k€46k▼
Cash at bank and in hand54/58€7€3▼
Equity and liabilities
Total equity and liabilities10/49€67k€51k▼
Equity10/15€-35k€-70k▼
Contributions10/11€15k€15k=
Profit (loss) carried forward14€-50k€-85k▼
Amounts payable17/49€101k€121k▲
Amounts payable within one year42/48€101k€121k▲
Trade debts44€6k€14k▲
Suppliers440/4€6k€14k▲
Taxes, remuneration and social security45-€11k
Remuneration and social security454/9-€11k
Other amounts payable47/48€96k€96k=
Income statement
Code20242025
Remuneration, social security and pensions62€12k€28k▲
Other operating charges640/8€3k€310▼
Gross operating margin9900€-44k€-8k▲
Operating profit (loss)9901€-58k€-37k▲
Financial income75/76B€3k€2k▼
Recurring financial income75€3k€2k▼
Financial charges65/66B€112€174▲
Recurring financial charges65€112€174▲
Profit (loss) for the period before taxes9903€-56k€-35k▲
Income taxes67/77-€1k
Profit (loss) for the period9904€-56k€-36k▲
Profit (loss) for the period to be appropriated9905€-56k€-36k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-50k€-85k▼
Profit (loss) brought forward from the previous period14P€6k€-50k▼
Social balance
Average headcount (FTE)90871.0-
The notes to these accounts (2 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 · abbreviated schema · 31 days late
28-08
State Gazette act
Purpose · Statutes amendmentGeneral meeting · Purpose change2 facts ▸
State Gazette act
Purpose · Statutes amendment
General meeting · Purpose change2 facts ▸
- General meeting, 2026-08-20
- Purpose change, Het voorwerp van de vennootschap wordt herformuleerd: Het bij wijze van inschrijving, inbreng, fusie, samenwerking, financiële tussenkomst of anderszins verwerv…
2025
24-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 85 days late
2024
31-12
Financial
Weakest financial yearnet €-56k ▼1153%
Net result drops to €-56k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 61 days late
2023
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
20-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 112 days late
2022
22-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 114 days late
2021
31-12
Financial
Back to profitnet €38k
Net result €38k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 61 days late
Financial milestoneState Gazette actNBB 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 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 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.
Jacob Jordaensstraat 452018 AntwerpenGround area
35 m²
Building footprint
39 m²
Volume, LiDAR
503 m³
Parcel 11806F1439/00S000, Flanders · tallest building 16.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Elico Management
since 20192.295.559.537
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11806F1439/00S000 | Flanders | 35 m² | 1 · 39 m² | 16.0 m · 5 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
2025 · 1 entry · 484 EUR awarded · 400 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 484 EUR | 400 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 5,700 companies in sector 70100 we hold annual accounts for 3,494. 1,608 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-09-2019
Fiscal year end31-12
Activities, NACEBEL
70100Activities of head offices
70200Business and other management consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.