Skip to content

Elegast

Active
Non-profit associationfounded 1956active for 70 yearsBelgiëlei 203, 2018 Antwerpen, BelgiumKBO/BCE: BE 0410.412.146
Summary

Elegast has been active since 1956 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11.2m and a net result of €169,641. Equity is growing by about 2.8% per year across the filed financial years. Its solvency ranks better than 55% of 595 sector peers (NACE 87, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Residential care activities
NACE 87991
7th oldest company in the province of Antwerp, Residential care sector11 sites
Size
€20.3mtotal assets 2025
Staff
191.6 FTE
Equity
€11.2m
Surplus
€169,641
Turnover not published (abbreviated format)
Financial health
95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Board
8 members
Auditor: Moore AuditAccounts 52 days early
Why 95lowers riskLegal form: non-profit associationLiquidity: current ratio 3.34, cash €7.5mSector: Residential care activities (NACE 87)Founded in 1956Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 58% of its sector peers (NACE 87, medium-sized)
Financial strength · tick = 2024
Strong
Solvency 80-20
equity 55.1% of total assets
Liquidity 93-3
short-term debt 15.1% · cash 37.2%
Profitability 48-24
return on assets 0.8%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (536 companies, NACE 87, medium-sized)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025highest value 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €1,050,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.34, compared with 4.56 in 2024; short-term debt: 15.1% and cash: 37.2% of total assets), and 44.9% of the assets are financed with debt and provisions.
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 87, medium-sized): better than 61% on solvency, 98% on liquidity, 24% on profitability and 48% on growth.

The bankruptcy probability was computed on 11-10-2026 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 riskneutral
lowers risk · Legal form: non-profit association
KBO
lowers risk · Liquidity: current ratio 3.34, cash €7.5m
NBB · annual accounts
lowers risk · Sector: Residential care activities (NACE 87)
KBO
lowers risk · Founded in 1956
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
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 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
52 days early
2024
30 days early
2023
35 days early
2022
39 days early
2021
34 days early
2020
37 days early
2019
32 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 37 days before the deadline; the sector median (NACE 87) for financial year 2024 is 27 days before the deadline, and 25% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
12-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Resignation: Raphael Vaasen (director)Appointments: Marc de Lint (director)…
  3. Permanent representative: Ellen TindemansGazette deed

Key points

  • Caution: Result fell in 2025from €370,051 to €169,641 ▼ 54.2% View
  • Positive: 7th oldest company in the province of Antwerp, Residential care sectorin the Checked rankings No. 7 View
  • Flemish supportawarded from 2022 to 2025 €53.2m View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Active since 1956founded 12-05-1956 70 years View
  • A director leftlatest change 03-03-2026 · 8 in office 1 left View

By topic

Financials

Financial year
2025
Total assets
€20.3m
Profit
€169,641
Solvency
55.1%
Total assets▲ 48.0%
Net result
20182025
Go to Financials

Board & ownership

Board
8 members
Auditor
Moore Audit
  • Marc PARMENTIERDirector
  • Hubert VanduerenDirector
  • Nicole Van HoutvenDirector
  • Hugo PietermansDirector
  • AVONTS EricDirector

and 3 other directors

Go to Board & ownership

Timeline

Events
44
Since
2007
Next accounts
by 31-07-2027
  1. 01-07-2025Annual accounts filed
  2. 21-01-2025Resignation: Kaat Janssens (director)
  3. 18-10-2024Reappointments: Moore Audit, Jan Braeckmans and Jan…
Go to Timeline

Company details

Sites
11
Legal form
Non-profit association
Activity
Residential care activitiesNACE 87991
Founded
12-05-1956
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
“De VZW heeft tot doel maximale ontplooiing te bieden aan kinderen, jongeren en…” (deed in Dutch)
Go to Articles of association

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.