Skip to content

1elevation

Active Private limited companyfounded 2003active for 23 yearsZeedijk 325, 8430 MiddelkerkeKBO/BCE: BE 0861.560.631 #8 company by total assets in Middelkerke, Arts, sports and recreation sector

Lifetime

19 annual accounts with figures on one time axis, 22 filings since 2004
peak €137,732 (2013)
-€4,891previous year 15 months
lowest -€39,135 (2008)
-€15,694previous year 15 months
peak €426,015 (2024)
€410,321▼ 3.7%
€133,175▲ 7.1%
peak 1 FTE (2008)
-not published
Board1 name since 2023
1 director
Documentsfilings and deeds
25-07-20266 days before the deadline
2025micro format
Loss of €15,694

Key points

from the 2025 annual accounts

Result

-€15,694 -€15,694
€50,8002024-€15,7002025

From profit to loss in 2025, after a profit of €50,836 in 2024.

Filings

22 annual accounts since 2004
AprilJune31 JulyOctober20102020

Two of the last ten came late. The 2019 accounts came latest: 26 days after the end of the period.

Position in the sector

-€15,694

Lower net result than 87% of companies in creative and performing arts. Sector median €6,114 · 2,605 companies.

Turnover not published (micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 8,613 companies had the same profile as 1elevation has now. Each dot stands for 22 companies, two years later.

94.1%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 8,613 companies, not a prediction for 1elevation. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit check for an amount and term of your choice

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

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Board & ownership

Recent changes

Registered office moved from Aalst to Middelkerke New registered office: Zeedijk 325 bus 2, 8430 Middelkerke · Previous registered office: Leopoldlaan 19, 9300 Aalst, België · General meeting of 17-08-2026 · Gazette deed
Resignations & appointments General meeting of 17-08-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0861560631
Change of role: , from manager to director Director discharge: · General meeting of 24-11-2023 · Gazette deed
All 37 events

Comparable companies

same main activity, similar in size and age
Company
1elevation Middelkerke €543,496 -€4,891 75.5% -
ArtFabric Hulshout €550,208 -€19,082 6.5% -
WISELY Beauvechain €478,119 -€57,931 10.5% -
PIÈCE MONTÉE Ghent €716,464 -€22,469 44.7% 1.9
CEOACH Auderghem €606,904 -€76,990 59.6% -
SONIC MUSIC Braine-l'Alleud €496,250 €971 86.8% -
ONDERANDERE Hasselt €344,858 -€16,793 76.8% -

These companies have the same main activity as 1elevation: specialised image, lighting and sound technical services (NACE 90393). They are comparable in size and age: total assets between €345,000 and €716,000, founded between 1996 and 2008.

Official details

Source: KBO
Status
Active since 07-11-2003Normal situation
Activity
Specialised image, lighting and sound technical servicesNACE 90393
Establishment unit
2.135.462.8199300 Aalst, since 01-12-2003
Financial year end
31 December
Peppol
Reachable since 09-09-2025
Company details

Annual accounts 2025

€543,496▼ 1.3%
Filing
Filed on 25-07-2026, 6 days before the end of the filing period
Financials

Insights on 1elevation

1elevation files the micro format. That format states no turnover. The gross margin fell from €44,078 in 2007 to -€4,891 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about 1elevation

What is the company number of 1elevation?
The company number of 1elevation is 0861.560.631. The VAT number is the same number with BE in front: BE 0861.560.631.
Where is 1elevation based?
The registered office is at Zeedijk 325, 8430 Middelkerke.Company details
What does 1elevation do?
According to the KBO register, the main activity is specialised image, lighting and sound technical services (NACE 90393).
What is the legal form of 1elevation?
1elevation is a private limited company (BV).
When was 1elevation founded?
1elevation was founded on 07-11-2003.
Is 1elevation still active?
Yes, 1elevation is an active enterprise in the KBO register.
What is the turnover of 1elevation?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it. In financial year 2021 turnover was €493,627.Financials
Is 1elevation profitable?
In financial year 2025, 1elevation made a loss of €15,694.
Where can I find the annual accounts of 1elevation?
1elevation filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of 1elevation due?
1elevation must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

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