Skip to content

ELLIMAC DEVELOPMENT

Active
Private limited companyfounded 200521 years activeRue de la Station 150, 1410 Waterloo, BelgiumKBO/BCE: BE 0871.308.735
Summary

The computed 12-month bankruptcy probability of ELLIMAC DEVELOPMENT is 2.3% (moderate). The 2025 annual accounts show equity of €41,987 and a net result of -€31,855. Equity is growing by ~24% per year across the filed fiscal years. Its solvency ranks better than 35% of 9,039 sector peers (NACE 41, fiscal year 2025). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
General construction of residential buildings
NACE 41001Other retail sale of food NACE 47279
1 site
Size
€145,205total assets 2025
Equity
€41,987
Loss
-€31,855
Turnover not published (abridged schema)
Financial health
51 Fair Checked score 2025
Bankruptcy probability, 12 months
2.3%
Structure
Accounts filed 2 days late1 of 5 deeds read
Why 51- 1 change of registered office in 24 months- Loss of €31,855 (FY 2025)- Sector Construction of residential and non-residential buildings (NACE 41)+ Founded in 2005Show the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 20% of its sector peers (NACE 41, micro)
Financial strength · tick = 2024
Weak
Solvency 54-35
equity 28.9% of total assets
Liquidity 33-23
short-term debt 58.0% · cash 10.5%
Profitability 0-80
return on assets -21.9%
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,367 companies)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.6%▲ +0.3 percentage points vs 01-2025 03-2025: 0.2%▼ -0.4 percentage points vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025lowest value 08-2025: 0.2%● unchanged vs 07-2025lowest value 09-2025: 0.2%● unchanged vs 08-2025lowest value 10-2025: 0.3%▲ +0.1 percentage points vs 09-2025 11-2025: 0.2%▼ -0.1 percentage points vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.3%▲ +0.1 percentage points vs 12-2025 02-2026: 0.5%▲ +0.2 percentage points vs 01-2026 03-2026: 1.1%▲ +0.6 percentage points vs 02-2026 04-2026: 1.1%● unchanged vs 03-2026 05-2026: 1.1%● unchanged vs 04-2026 06-2026: 1.1%● unchanged vs 05-2026 07-2026: 1.1%● unchanged vs 06-2026 08-2026: 2.0%▲ +0.9 percentage points vs 07-2026 09-2026: 2.0%● unchanged vs 08-2026 10-2026: 2.3%▲ +0.3 percentage points vs 09-2026highest value
Credit up to €2,000 at 30 days acceptable
Liquidity short (current ratio 0.5 against 0.95 in 2024; short-term debt: 58% and cash: 10.5% of total assets), and 71.1% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro): better than 36% on solvency, 28% on liquidity, 5% on profitability and 9% on growth.

The bankruptcy probability was computed on 06-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · 1 change of registered office in 24 months
Belgian State Gazette
raises risk · Loss of €31,855 (FY 2025)
NBB · annual accounts
raises risk · Sector Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Founded in 2005
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
2 days late
2024
1 day early
2023
on the day
2022
on the day
2021
19 days early
2020
4 days early
2019
25 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 7 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

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. Usually files around 31 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close07-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Registered officeRegistered-office move
  2. Annual accounts filedfiscal year 2025 · micro…
  3. Weakest financial yearnet -€31,855

Key points

  • Caution: Among the weakest 5% on net resultsector median €8,450 · 9,031 companies -€31,855 View
  • Caution: Equity fell in 2025from €103,842 to €41,987 ▼ 59.6% View
  • Total assets 20256 fiscal years filed €145,205 View

By topic

Financials

Fiscal year
2025
Total assets
€145,205
Loss
-€31,855
Solvency
28.9%
Total assets▼ 10.3%
Net result
20192025
Go to Financials

Timeline

Events
15
Since
2017
Next accounts
by 31-01-2027
  1. 30-01-2025Annual accounts filed
  2. 30-06-2024Equity above €100,000
  3. 31-01-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General construction of residential buildingsNACE 41001
Founded
19-01-2005
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.