ELOco
ActiveSummary
ELOco has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.13M and a net result of €121k. Equity is growing by ~49.4% per year across the filed fiscal years. Its solvency ranks better than 16% of 3200 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability32▼-3
Solvency37▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 8.76 against 1.35 in 2024; short-term debt: 0.8% and cash: 0.2% of total assets), but 88.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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
11.5%
Return on assets
1.2%
Age of the figures
14 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 16% of 3200 sector peers (2025).
NBB · sector comparisonPosition among 3200 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-07-2025 was due by 28-02-2026 and was filed on 22-03-2026, 22 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
22 d late
2024
2 d early
2023
7 d late
2022
1 d early
2021
3 d early
2020
16 d late
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-07-2026 and is due by 28-02-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-07-2026 close25-09-2026 today28-02-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€121k▼ 80.6%
2024 · €624k
2019: €55klowest in 7 years
2020: €76k▲ +39.6% vs 2019
2021: €160k▲ +110% vs 2020
2022: €75k▼ -53.1% vs 2021
2023: €104k▲ +38.8% vs 2022
2024: €624k▲ +498% vs 2023highest in 7 years
2025: €121k▼ -80.6% vs 2024
2019 → 2025
Working capital
€572k▲ 815%
2024 · €63k
2019: €-79k
2020: €19k▲ +125% vs 2019
2021: €-334k▼ -1822% vs 2020lowest in 7 years
2022: €-106k▲ +68.2% vs 2021
2023: €-167k▼ -57.0% vs 2022
2024: €63k▲ +137% vs 2023
2025: €572k▲ +815% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€250k-€325k▲ 30.1%€384k▲ 18.3%€1.01M▲ 162%€1.13M▲ 12.0%
2021: €250klowest in 5 years
2022: €325k▲ +30.1% vs 2021
2023: €384k▲ +18.3% vs 2022
2024: €1.01M▲ +162% vs 2023
2025: €1.13M▲ +12.0% vs 2024highest in 5 years
Operating result€231k-€164k▼ 29.0%€183k▲ 11.4%€422k▲ 131%€633k▲ 49.9%
2021: €231k
2022: €164k▼ -29.0% vs 2021lowest in 5 years
2023: €183k▲ +11.4% vs 2022
2024: €422k▲ +131% vs 2023
2025: €633k▲ +49.9% vs 2024highest in 5 years
Net result€160k-€75k▼ 53.1%€104k▲ 38.8%€624k▲ 498%€121k▼ 80.6%
2021: €160k
2022: €75k▼ -53.1% vs 2021lowest in 5 years
2023: €104k▲ +38.8% vs 2022
2024: €624k▲ +498% vs 2023highest in 5 years
2025: €121k▼ -80.6% vs 2024
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 50% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9.80M
Fixed assets
€9.16M ▼ 0.8%
Current assets
€646k ▲ 168%
Equity and liabilities €9.80M
Equity
€1.13M ▲ 12.0%
Provisions
€7.22M ▼ 0.2%
Debt
€1.45M ▲ 19.1%
Debt's share of the balance-sheet total rises from 12.9% to 14.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€710k▲
2024 · €499k
Cash flow
€198k▼
2024 · €701k
Current ratio
8.76▲
2024 · 1.35
Debt to equity
1.29▲
2024 · 1.21
ROE
10.7%▼
2024 · 61.9%
ROA
1.2%▼
2024 · 6.6%
Interest coverage
1.44▲
2024 · 1.00
Debt ≤ 1 year
€74k▼
2024 · €178k
Debt > 1 year
€1.38M▲
2024 · €1.04M
Income taxes
€18k▲
2024 · €1k
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 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€9.47M€9.80M▲
Fixed assets21/28€9.23M€9.16M▼
Tangible fixed assets22/27€1.71M€1.64M▼
Land and buildings22€1.71M€1.64M▼
Furniture and vehicles24€1k€1k=
Financial fixed assets28€7.52M€7.52M=
Current assets29/58€241k€646k▲
Amounts receivable within one year40/41€233k€619k▲
Trade receivables40€206k€468k▲
Other amounts receivable41€27k€150k▲
Cash at bank and in hand54/58€4k€23k▲
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€9.47M€9.80M▲
Equity10/15€1.01M€1.13M▲
Contributions10/11€240k€240k=
Reserves13€600k€800k▲
Distributable reserves133€600k€800k▲
Profit (loss) carried forward14€168k€89k▼
Provisions and deferred taxes16€7.24M€7.22M▼
Provisions for liabilities and charges160/5€7.24M€7.22M▼
Other liabilities and charges164/5€7.24M€7.22M▼
Amounts payable17/49€1.22M€1.45M▲
Amounts payable after more than one year17€1.04M€1.38M▲
Financial debts170/4€1.04M€1.38M▲
Amounts payable within one year42/48€178k€74k▼
Current portion of amounts payable after more than one year42€69k€67k▼
Trade debts44€4k€4k▼
Suppliers440/4€4k€4k▼
Taxes, remuneration and social security45€6k€3k▼
Taxes450/3€6k€3k▼
Other amounts payable47/48€99k-
Accrued charges and deferred income492/3€3k€3k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€77k€77k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8-€-18k
Other operating charges640/8€6k€7k▲
Gross operating margin9900€505k€699k▲
Operating profit (loss)9901€422k€633k▲
Financial income75/76B€700k€64▼
Recurring financial income75€700k€64▼
Financial charges65/66B€497k€494k▼
Recurring financial charges65€497k€494k▼
Profit (loss) for the period before taxes9903€625k€139k▼
Income taxes67/77€1k€18k▲
Profit (loss) for the period9904€624k€121k▼
Profit (loss) for the period to be appropriated9905€624k€121k▼
Appropriation of the result
Profit (loss) to be appropriated9906€768k€289k▼
Profit (loss) brought forward from the previous period14P€144k€168k▲
Transfer to equity691/2€600k€200k▼
To other reserves6921€600k€200k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €66k | €90k | €76k | €77k | €77k | ▲ 0.1% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €-2k | €-2k | - | €-18k | - |
| Other operating charges640/8 | - | €5k | €11k | €6k | €7k | ▲ 22.7% |
| Gross operating margin9900 | €302k | €256k | €267k | €505k | €699k | ▲ 38.5% |
| Operating profit (loss)9901 | €231k | €164k | €183k | €422k | €633k | ▲ 49.9% |
| Financial income75/76B | - | - | - | €700k | €64 | ▼ 100.0% |
| Recurring financial income75 | €9 | - | - | €700k | €64 | ▼ 100.0% |
| Financial charges65/66B | - | €69k | €62k | €497k | €494k | ▼ 0.5% |
| Recurring financial charges65 | €67k | €69k | €62k | €497k | €494k | ▼ 0.5% |
| Profit (loss) for the period before taxes9903 | €164k | €95k | €121k | €625k | €139k | ▼ 77.8% |
| Income taxes67/77 | €4k | €20k | €16k | €1k | €18k | ▲ 1,264% |
| Profit (loss) for the period9904 | €160k | €75k | €104k | €624k | €121k | ▼ 80.6% |
| Profit (loss) for the period to be appropriated9905 | €160k | €75k | €104k | €624k | €121k | ▼ 80.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.58M | €2.85M | €2.80M | €9.47M | €9.80M | ▲ 3.5% |
| Fixed assets21/28 | €2.34M | €2.82M | €2.75M | €9.23M | €9.16M | ▼ 0.8% |
| Tangible fixed assets22/27 | €1.87M | €1.85M | €1.78M | €1.71M | €1.64M | ▼ 4.1% |
| Land and buildings22 | - | €1.85M | €1.78M | €1.71M | €1.64M | ▼ 4.1% |
| Furniture and vehicles24 | - | €2k | €1k | €1k | €1k | = |
| Financial fixed assets28 | €469k | €968k | €968k | €7.52M | €7.52M | = |
| Current assets29/58 | €241k | €34k | €52k | €241k | €646k | ▲ 168% |
| Amounts receivable within one year40/41 | €85k | €16k | €20k | €233k | €619k | ▲ 166% |
| Trade receivables40 | - | €16k | €16k | €206k | €468k | ▲ 128% |
| Other amounts receivable41 | - | €322 | €4k | €27k | €150k | ▲ 452% |
| Cash at bank and in hand54/58 | €153k | €15k | €29k | €4k | €23k | ▲ 448% |
| Deferred charges and accrued income490/1 | - | €2k | €3k | €4k | €4k | ▲ 6.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.58M | €2.85M | €2.80M | €9.47M | €9.80M | ▲ 3.5% |
| Equity10/15 | €250k | €325k | €384k | €1.01M | €1.13M | ▲ 12.0% |
| Contributions10/11 | - | €240k | €240k | €240k | €240k | = |
| Reserves13 | - | - | - | €600k | €800k | ▲ 33.3% |
| Distributable reserves133 | - | - | - | €600k | €800k | ▲ 33.3% |
| Profit (loss) carried forward14 | €10k | €85k | €144k | €168k | €89k | ▼ 47.1% |
| Provisions and deferred taxes16 | €692k | €690k | €687k | €7.24M | €7.22M | ▼ 0.2% |
| Provisions for liabilities and charges160/5 | - | €690k | €687k | €7.24M | €7.22M | ▼ 0.2% |
| Other liabilities and charges164/5 | - | €690k | €687k | €7.24M | €7.22M | ▼ 0.2% |
| Amounts payable17/49 | €1.64M | €1.84M | €1.73M | €1.22M | €1.45M | ▲ 19.1% |
| Amounts payable after more than one year17 | €1.06M | €1.60M | €1.40M | €1.04M | €1.38M | ▲ 32.5% |
| Financial debts170/4 | - | €903k | €711k | €1.04M | €1.38M | ▲ 32.5% |
| Other amounts payable178/9 | - | €692k | €692k | - | - | - |
| Amounts payable within one year42/48 | €575k | €140k | €219k | €178k | €74k | ▼ 58.7% |
| Current portion of amounts payable after more than one year42 | - | €58k | €70k | €69k | €67k | ▼ 3.5% |
| Trade debts44 | €68k | €21k | €8k | €4k | €4k | ▼ 15.7% |
| Suppliers440/4 | - | €21k | €8k | €4k | €4k | ▼ 15.7% |
| Taxes, remuneration and social security45 | - | €900 | €6k | €6k | €3k | ▼ 46.2% |
| Taxes450/3 | - | €900 | €6k | €6k | €3k | ▼ 46.2% |
| Other amounts payable47/48 | - | €60k | €135k | €99k | - | - |
| Accrued charges and deferred income492/3 | - | €101k | €111k | €3k | €3k | ▼ 15.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €160k | €75k | €104k | €624k | €121k | ▼ 80.6% |
| + Depreciation and write-downs630 | €66k | €90k | €76k | €77k | €77k | ▲ 0.1% |
| Operating cash flow (approximation) | €227k | €165k | €181k | €701k | €198k | ▼ 71.8% |
| Investment in fixed assets (approximation) | - | €-568k | €-11k | €-6.55M | €-8k | ▲ 99.9% |
| Change in cash | - | €-137k | €13k | €-25k | €19k | ▲ 177% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-03
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 22 days late
2025
31-07
Financial
Liquidity times 6current ratio 8.76
Current ratio from 1.35 to 8.76; short-term debt falls from €178k to €74k.
26-02
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-07
Financial
Highest result since 2019net €624k ▲498%
Net result €624k, the highest in the series.
31-07
Financial
Liquidity times 6current ratio 1.35
Current ratio from 0.24 to 1.35; short-term debt falls from €219k to €178k.
31-07
Financial
Equity above €1MEq €1.01M ▲162%
6 profitable years in a row build equity to €1.01M.
07-03
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 7 days late
2023
27-02
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
25-02
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-07
Financial
Equity above €200kEq €250k ▲180%
3 profitable years in a row build equity to €250k.
16-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
2020
31-07
Financial
Liquidity times 12current ratio 1.20
Current ratio from 0.10 to 1.20.
Show earlier events
28-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
21-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
2018
28-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
02-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
5 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 2014
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.
Burgemeester Etienne Demunterl. 51090 Jette1 establishment unit
ELOco
since 20142.240.133.440
Recognitions · licences · registrations
Legal Entity Identifier
2549002DXL3XT44KFF65
Similar companies · same sector, comparable size
BST
BE 0859.588.957
Oud-Turnhout · Eq €1,128,864
INTER ACT WEERT
BE 0899.954.221
Hamont-Achel · Eq €1,128,984
IMALC
BE 0447.632.036
Tournai · Eq €1,128,625
CEKA Projects
BE 0768.928.205
Schilde · Eq €1,129,082
Inge Buyse
BE 0464.136.387
Sint-Martens-Latem · Eq €1,129,092
Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 26,497 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-11-2014
Fiscal year end31-07
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.