Elicyr
ActiveThe computed 12-month bankruptcy probability of Elicyr is 3.5% (moderate). The 2024 annual accounts show negative equity (€-46k) and a net result of €29k. Equity is shrinking by ~61.6% per year across the filed fiscal years. Its solvency ranks better than 8% of 18941 sector peers (fiscal year 2024). The company has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
41
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+100
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
3.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.31 against 0.17 in 2023; short-term debt: 254.8% and cash: 13% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
-154.8%
Return on assets
96.4%
Age of the figures
20 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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 18941 sector peers (2024).
NBB · sector comparisonPosition among 18941 sector peers
Solvency
better than 8%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-09-2025, 35 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
not confirmed
2024
35 d late
2023
272 d late
2021
17 d late
2020
198 d late
2019
234 d late
2018
26 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€59k
EBIT margin
-13.2%
Net result
€29k
2023 · €-64k
2018: €19k
2019: €-19k
2020: €-22k
2021: €-9k
2023: €-64k
2018 → 2024
Working capital
€-52k▲ 36.5%
2023 · €-82k
2018: €37k
2019: €18k
2020: €-5k
2021: €-14k
2023: €-82k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120232024Trend
Turnover€59k
Equity€18k-€-5k€-14k▼ 187%€-75k▼ 451%€-46k▲ 38.4%
Operating result€10k-€-22k€-8k▲ 64.0%€-55k▼ 606%€30k
Net result€-19k-€-22k▼ 16.4%€-9k▲ 60.6%€-64k▼ 626%€29k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €30k after a loss of €55k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €30k
Fixed assets
€6k▼ 18.0%
Current assets
€23k▲ 40.9%
Key figures and ratios
EBITDA
€31k▲
2023 · €-53k
Cash flow
€30k▲
2023 · €-62k
Solvency
-154.8%▲
2023 · -307.7%
Current ratio
0.31▲
2023 · 0.17
Quick ratio
0.31▲
2023 · 0.17
Debt / equity
-1.65▼
2023 · -1.33
ROA
96.4%▲
2023 · -264.2%
Interest coverage
21.24▲
2023 · -13.33
Debt
€76k▼
2023 · €99k
Debt ≤ 1 year
€76k▼
2023 · €99k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€24k€30k▲
Fixed assets21/28€8k€6k▼
Tangible fixed assets22/27€3k€1k▼
Furniture and vehicles24€3k€1k▼
Financial fixed assets28€5k€5k=
Current assets29/58€17k€23k▲
Amounts receivable within one year40/41€11k€20k▲
Trade receivables40€2k€20k▲
Other amounts receivable41€9k-
Cash at bank and in hand54/58€5k€4k▼
Deferred charges and accrued income490/1€155-
Equity and liabilities
Total equity and liabilities10/49€24k€30k▲
Equity10/15€-75k€-46k▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€15k€15k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133€13k€13k=
Profit (loss) carried forward14€-108k€-79k▲
Amounts payable17/49€99k€76k▼
Amounts payable within one year42/48€99k€76k▼
Financial debts43€5k€5k=
Credit institutions430/8€5k€5k=
Trade debts44€3k€2k▼
Suppliers440/4€3k€1k▼
Bills of exchange payable441-€540
Taxes, remuneration and social security45€7k€22k▲
Taxes450/3€7k€22k▲
Other amounts payable47/48€83k€47k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Other operating charges640/8€3k€412▼
Gross operating margin9900€-50k€32k▲
Operating profit (loss)9901€-55k€30k▲
Financial charges65/66B€4k€1k▼
Recurring financial charges65€4k€1k▼
Profit (loss) for the period before taxes9903€-59k€29k▲
Income taxes67/77€5k-
Profit (loss) for the period9904€-64k€29k▲
Profit (loss) for the period to be appropriated9905€-64k€29k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-108k€-79k▲
Profit (loss) brought forward from the previous period14P€-44k€-108k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
04-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 35 days late
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 272 days late
2024
31-12
Financial
Back to profitnet €29k
Net result €29k after 4 loss-making years.
2023
31-12
Financial
Weakest financial yearnet €-64k
Net result drops to €-64k, the lowest in the series; recovery starts the following year.
2022
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 17 days late
14-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 198 days late
2021
22-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 234 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
21-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 294 days late
18-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 656 days late
16-05
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 1019 days late
2013
31-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 31 days late
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, Jette · 1 establishment unit since 1997
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.
Kardinaal Mercierplein 301090 JetteGround area
112 m²
Building footprint
140 m²
Volume, LiDAR
1,679 m³
Parcel 21010B0203/00P000, Brussels · tallest building 19.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
WELKOM
since 19972.082.454.594
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21010B0203/00P000 | Brussels | 112 m² | 1 · 140 m² | 19.1 m · 4 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 siteJette2.082.454.594
Similar companies · same sector, comparable size
JO-LI
BE 1009.960.832
Awans · Eq €18k
BEANICE
BE 1004.428.862
Mechelen · Eq €18k
IMPENS YVES
BE 0835.244.432
Destelbergen · Eq €18k
Ô PIZZA & CO
BE 0750.907.979
Rumes · Eq €18k
COREX
BE 0837.454.052
Pittem · Eq €18k
Of 20,510 companies in sector 56111 we hold annual accounts for 11,456. 8,540 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded13-05-1997
Fiscal year end31-12
Activities, NACEBEL
55401
56101Full-service restaurants
56111Full-service restaurants
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.