Elmo Management
ActiveThe annual accounts of Elmo Management for fiscal year 2024 show a net loss of 66% of total assets and of 89% of the equity at the start of that year. The 2024 annual accounts show equity of €3k and a net result of €-24k. Equity is growing by ~7.7% per year across the filed fiscal years. Its solvency ranks better than 13% of 37968 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
35
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-66
Solvency33▼-47
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.81 against 1.17 in 2023; short-term debt: 48.3% and cash: 6.3% of total assets), and 92.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 2024Solvency, return and age of the figures
Solvency
7.9%
Return on assets
-66%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
2021222324
2020 to 2024 · latest year €-24k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 37968 sector peers (2024).
NBB · sector comparisonPosition among 37968 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
75 d early
2022
41 d early
2021
39 d early
2020
47 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€3k▼ 89.4%
2023 · €27k
2020: €11k
2021: €19k
2022: €28k
2023: €27k
2020 → 2024
Total assets
€37k▼ 25.9%
2023 · €50k
2020: €17k
2021: €47k
2022: €38k
2023: €50k
2020 → 2024
Net result
€-24k▼ 2,210%
2023 · €-1k
2020: €6k
2021: €9k
2022: €9k
2023: €-1k
2020 → 2024
Working capital
€-3k
2023 · €3k
2020: €2k
2021: €6k
2022: €-699
2023: €3k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€11k-€19k▲ 68.3%€28k▲ 47.5%€27k▼ 3.7%€3k▼ 89.4%
Operating result€8k-€12k▲ 46.0%€-2k€857€-23k
Net result€6k-€9k▲ 34.2%€9k▲ 6.1%€-1k€-24k▼ 2,210%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €23k after €857 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €37k
Fixed assets
€22k▼ 22.0%
Current assets
€14k▼ 31.3%
Equity and liabilities €37k
Equity
€3k▼ 89.4%
Debt
€34k▲ 50.9%
The debt ratio rises from 45.3% to 92.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-16k▼
2023 · €9k
Cash flow
€-18k▼
2023 · €7k
Solvency
7.9%▼
2023 · 54.7%
Current ratio
0.81▼
2023 · 1.17
Quick ratio
0.81▼
2023 · 1.17
Debt / equity
11.71▲
2023 · 0.83
ROE
-839.0%▼
2023 · -3.9%
ROA
-66.0%▼
2023 · -2.1%
Interest coverage
-15.00▼
2023 · 7.46
Debt
€34k▲
2023 · €22k
Debt ≤ 1 year
€18k▼
2023 · €18k
Debt > 1 year
€16k▲
2023 · €5k
Income taxes
€636▼
2023 · €743
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€50k€37k▼
Fixed assets21/28€29k€22k▼
Tangible fixed assets22/27€13k€7k▼
Furniture and vehicles24€13k€7k▼
Financial fixed assets28€16k€16k=
Current assets29/58€21k€14k▼
Amounts receivable within one year40/41€20k€12k▼
Trade receivables40€16k€9k▼
Other amounts receivable41€4k€3k▼
Cash at bank and in hand54/58€1k€2k▲
Deferred charges and accrued income490/1€132€120▼
Equity and liabilities
Total equity and liabilities10/49€50k€37k▼
Equity10/15€27k€3k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€22k€-2k▼
Amounts payable17/49€22k€34k▲
Amounts payable after more than one year17€5k€16k▲
Financial debts170/4€5k€3k▼
Other amounts payable178/9-€14k
Amounts payable within one year42/48€18k€18k▼
Current portion of amounts payable after more than one year42€2k€2k▲
Trade debts44€1k€2k▲
Suppliers440/4€1k€2k▲
Taxes, remuneration and social security45€11k€14k▲
Taxes450/3€8k€11k▲
Remuneration and social security454/9€3k€3k=
Other amounts payable47/48€4k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€6k▼
Other operating charges640/8€477€26k▲
Non-recurring operating charges66A€7k-
Gross operating margin9900€16k€10k▼
Operating profit (loss)9901€857€-23k▼
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€-310€-24k▼
Income taxes67/77€743€636▼
Profit (loss) for the period9904€-1k€-24k▼
Profit (loss) for the period to be appropriated9905€-1k€-24k▼
Appropriation of the result
Profit (loss) to be appropriated9906€22k€-2k▼
Profit (loss) brought forward from the previous period14P€23k€22k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-24k
Net result drops to €-24k, the lowest in the series.
17-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2020net €9k ▲6.1%
Net result €9k, the highest in the series.
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Ukkel · 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.
de Perckestraat 831180 UkkelGround area
964 m²
Building footprint
99 m²
Volume, LiDAR
802 m³
Parcel 21614H0055/00H060, Brussels · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
de Perckestraat 83, 1180 Ukkel
since 20192.291.980.930
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614H0055/00H060 | Brussels | 964 m² | 1 · 99 m² | 11.5 m · 3 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.
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Of 82,524 companies in sector 70200 we hold annual accounts for 52,566. 10,940 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-06-2019
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.