ELLAJO
ActiveSummary
ELLAJO has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €77k and a net result of €29k. Equity is growing by ~9.1% per year across the filed fiscal years. Its solvency ranks better than 62% of 10359 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability91▲+9
Solvency73▼-26
Growth52=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.84 against 3.96 in 2024; short-term debt: 51.5% and cash: 67.8% of total assets), but 51.8% 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
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 · 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
48.2%
Return on assets
18%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
28 d early
2024
12 d late
2023
16 d early
2022
1 d late
2021
26 d late
2020
24 d late
2019
26 d late
← 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, abbreviated schema
Equity
€77k▼ 35.4%
2024 · €119k
2019: €37k
2020: €76k
2021: €125k
2022: €118k
2023: €150k
2024: €119k
2019 → 2025
Total assets
€159k▼ 1.2%
2024 · €161k
2019: €98k
2020: €112k
2021: €157k
2022: €183k
2023: €186k
2024: €161k
2019 → 2025
Net result
€29k▲ 67.6%
2024 · €17k
2019: €30k
2020: €39k
2021: €36k
2022: €-6k
2023: €32k
2024: €17k
2019 → 2025
Working capital
€69k▼ 36.5%
2024 · €109k
2019: €47k
2020: €82k
2021: €123k
2022: €99k
2023: €138k
2024: €109k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€125k-€118k▼ 5.0%€150k▲ 26.7%€119k▼ 20.6%€77k▼ 35.4%
Operating result€48k-€-4k€45k€25k▼ 44.8%€43k▲ 72.1%
Net result€36k-€-6k€32k€17k▼ 45.6%€29k▲ 67.6%
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 recovers in 2025; 2025 is 72% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €159k
Fixed assets
€8k ▼ 48.1%
Current assets
€151k ▲ 3.9%
Equity and liabilities €159k
Equity
€77k ▼ 35.4%
Debt
€83k ▲ 95.3%
Debt's share of the balance-sheet total rises from 26.2% to 51.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€50k▲
2024 · €33k
Cash flow
€36k▲
2024 · €25k
Current ratio
1.84▼
2024 · 3.96
Quick ratio
1.38▼
2024 · 2.89
Debt to equity
1.07▲
2024 · 0.35
ROE
37.4%▲
2024 · 14.4%
ROA
18.0%▲
2024 · 10.6%
Interest coverage
11.31▼
2024 · 25.23
Debt ≤ 1 year
€82k▲
2024 · €37k
Debt > 1 year
€426▼
2024 · €6k
Income taxes
€10k▲
2024 · €7k
Staff costs
€48k▼
2024 · €75k
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 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€161k€159k▼
Fixed assets21/28€16k€8k▼
Tangible fixed assets22/27€16k€8k▼
Furniture and vehicles24€16k€8k▼
Current assets29/58€146k€151k▲
Stocks and contracts in progress3€39k€38k▼
Stocks30/36€39k€38k▼
Amounts receivable within one year40/41€8k€3k▼
Trade receivables40€886€14▼
Other amounts receivable41€7k€3k▼
Cash at bank and in hand54/58€97k€108k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€161k€159k▼
Equity10/15€119k€77k▼
Contributions10/11€19k€19k=
Reserves13€101k€58k▼
Distributable reserves133€101k€58k▼
Amounts payable17/49€42k€83k▲
Amounts payable after more than one year17€6k€426▼
Financial debts170/4€6k€426▼
Amounts payable within one year42/48€37k€82k▲
Financial debts43€5k€5k▲
Credit institutions430/8€5k€5k▲
Trade debts44€19k€10k▼
Suppliers440/4€19k€10k▼
Taxes, remuneration and social security45€11k€5k▼
Taxes450/3-€319
Remuneration and social security454/9€11k€5k▼
Other amounts payable47/48€1k€62k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€75k€48k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k▼
Other operating charges640/8€172€175▲
Non-recurring operating charges66A€424€166▼
Gross operating margin9900€108k€99k▼
Operating profit (loss)9901€25k€43k▲
Financial income75/76B€421€729▲
Recurring financial income75€421€729▲
Financial charges65/66B€1k€4k▲
Recurring financial charges65€1k€4k▲
Profit (loss) for the period before taxes9903€24k€39k▲
Income taxes67/77€7k€10k▲
Profit (loss) for the period9904€17k€29k▲
Profit (loss) for the period to be appropriated9905€17k€29k▲
Appropriation of the result
Profit (loss) to be appropriated9906€17k€29k▲
Transfer from equity791/2€48k€71k▲
Transfer to equity691/2€17k€29k▲
To other reserves6921€17k€29k▲
Profit to be distributed694/7€48k€71k▲
Return on contributions (dividend)694€48k€71k▲
Social balance
Average headcount (FTE)90873.21.3▼
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
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 12 days late
2024
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €32k
Net result €32k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 6.49
Current ratio from 3.02 to 6.49; short-term debt falls from €49k to €25k.
01-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 1 day late
2022
31-12
Financial
Weakest financial yearnet €-6k ▼117%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-12
Financial
Equity above €100kEq €125k ▲63.9%
3 profitable years in a row build equity to €125k.
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
31-12
Financial
Highest result since 2019net €39k ▲29.5%
Net result €39k, the highest in the series.
31-12
Financial
Liquidity doublescurrent ratio 4.00
Current ratio from 1.97 to 4.00; short-term debt falls from €48k to €27k.
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
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, Wellen · 1 establishment unit since 2018
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.
Herstalstraat 4C3830 WellenGround area
3,089 m²
Building footprint
414 m²
Volume, LiDAR
1,718 m³
2 parcels, Flanders · tallest building 38.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Q8
since 20182.280.236.606
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71328D1327/00W000 | Flanders | 1,835 m² | 1 · 274 m² | 38.5 m · 1 fl. |
| 73098B0325/00L000 | Flanders | 1,254 m² | 1 · 140 m² | 5.8 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 419 EUR awarded · 419 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 419 EUR | 419 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Recognitions · licences · registrations
Food safety, FASFC
1 siteHasselt2.280.236.606
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Of 1,266 companies in sector 47300 we hold annual accounts for 945. 769 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
Founded28-09-2018
Fiscal year end31-12
Activities, NACEBEL 2025
47300Retail sale of automotive fuel
95316Washing and cleaning of motor vehicles
47820Retail sale of motor vehicle parts and accessories
47252Retail sale of beverages, general range
47621Retail sale of newspapers and periodicals
92000Gambling and betting activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.