Equity
€1.0m from €2.2m in 2017
Equity fell by 52% in 8 years.
EL ARCHITECTS
Lifetime
20 annual accounts with figures on one time axis, 28 filings since 1998peak €1.7m (2009)
€916,503▲ 17.6%
lowest -€130,108 (2022)
€324,278▲ 89.6%
peak €2.2m (2017)
€1.0m▲ 2.4%
€988,757▲ 6.1%
peak 11.8 FTE (2020)
4.4 FTE▲ 2.3%
Board3 names since 1997
3 directorsDECLERCQ Luc Arthur Lieven and 2 others
Documentsfilings and deeds
15-07-202616 days before the deadline
2025abbreviated format
Gross margin from €779,630 to €916,503Result from €171,054 to €324,278Registered office moved to Kortrijk 20-03Dividend €300,000
Key points
from the 2025 annual accountsResult
€324,278 ▲ 89.6%
The result rose in 2025 from €171,054 to €324,278.
Turnover
≈ €2.3m estimated
The abbreviated format states no turnover.
Staff
4.4 FTE from 11.8 in 2020
Between 2020 and 2025, 63% of the full-time equivalents disappeared.
Filings
28 annual accounts since 1998
The last five annual accounts were filed 16 to 34 days before the end of the period.
Position in the sector
€324,278
Higher net result than 90% of companies in architecture and engineering. Sector median €27,121 · 2,561 companies.
Checked score
89
Excellent
Financially stronger than 46% of micro companies in architecture and engineering (NACE 71)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 14,827 companies (NACE 71, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%lowest value
01-2025: 0.1%● unchanged vs 12-2024lowest value
02-2025: 0.1%● unchanged vs 01-2025lowest value
03-2025: 0.1%● unchanged vs 02-2025lowest value
04-2025: 0.3%▲ +0.2 percentage points vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.4%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.1%▼ -0.3 percentage points 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 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.2%▲ +0.1 percentage points vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
lowers risk
Size: 4.4 FTE, total assets €2.0m
Figures for financial year 2025 (filed on 15-07-2026)
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
Calculation
The band follows from the bankruptcy probability. 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 71, micro). It does better than 49% of them on solvency, 30% on liquidity, 62% on profitability and 45% on growth.
The bankruptcy probability was computed on 06-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 31,368 companies had the same profile as EL ARCHITECTS has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of EL ARCHITECTS itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 31,368 companies, not a prediction for EL ARCHITECTS. 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 of up to €90,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.61 (3.05 in 2024), above the usual 1.5. Short-term debt is 31.7% and cash 10.8% of total assets. 48.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 days early
2024
17 days early
2023
27 days early
2022
34 days early
2021
19 days early
2020
32 days early
2019
25 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 24 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% 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 12 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
AB
Director, OTTEVAERE Benoit Daniël Marie Frederik, since 01-01-2025
- RB Architect 30%score 70equity €65,473 (2025) · 2025 annual accounts of RB Architect
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0460778209
Registered office moved to Kortrijk
New registered office: Beneluxpark 11, 8500 Kortrijk · Change of role: DECLERCQ Luc Arthur Lieven, from manager to director · Appointments: RB Architect (director) and Architectuuratelier Benoit Ottevaere (director) · Gazette deed
Environmental permit granted
Nieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning) · Kortrijk
First establishment
Beneluxpark 11, Kortrijk
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| EL ARCHITECTS Kortrijk | €2.0m | €0.9m | 51.4% | 4.4 |
| Goedefroo architecten Ghent | €2.4m | €0.8m | 61.5% | 2.9 |
| LMS ARCHITECTEN Bruges | €1.2m | €0.8m | 53.1% | 4.8 |
| ARCHITECTUURKANTOOR MONBALIU Bruges | €2.4m | €1.6m | 68.3% | 4 |
| Schepens Claeys Architects Roeselare | €2.3m | €0.7m | 62.6% | 2.5 |
| DRIESKENS & DUBOIS ARCHITECTEN Hasselt | €3.1m | €0.7m | 17.4% | 4 |
| signum+ architects Ghent | €2.4m | €0.8m | 43.2% | 4.9 |
These companies have the same main activity as EL ARCHITECTS: activities of building architects (NACE 71111). They are comparable in size and age: total assets between €1.2m and €3.1m, founded between 1993 and 2006.
Official details
Source: KBO- Status
- Active since 02-06-1997Normal situation
- Activity
- Activities of building architectsNACE 71111and 3 others
- Joint committee
- 336Liberal professions · annual accounts 2025
- Establishment unit
- 2.082.412.3318500 Kortrijk, since 01-07-1997
- Financial year end
- 31 December
- Peppol
- Reachable since 01-12-2025
Annual accounts 2025
- €2.0m▲ 4.2%
- Employeeson 31-12-2025
- 6▲ 20.0%
- Filing
- Filed on 15-07-2026, 16 days before the end of the filing period
Insights on EL ARCHITECTS
EL ARCHITECTS files the abbreviated format. That format states no turnover. The gross margin rose from €906,189 in 2006 to €916,503 in 2025.
The balance sheet grew most from 2007 to 2009 through fixed assets.
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 EL ARCHITECTS
- What is the company number of EL ARCHITECTS?
- The company number of EL ARCHITECTS is 0460.778.209. The VAT number is the same number with BE in front: BE 0460.778.209.
- Where is EL ARCHITECTS based?
- The registered office is at Beneluxpark 11, 8500 Kortrijk.Company details
- What does EL ARCHITECTS do?
- According to the KBO register, the main activity is activities of building architects (NACE 71111).
- What is the legal form of EL ARCHITECTS?
- EL ARCHITECTS is a private limited company (BV).
- When was EL ARCHITECTS founded?
- EL ARCHITECTS was founded on 02-06-1997.
- Is EL ARCHITECTS still active?
- Yes, EL ARCHITECTS is an active enterprise in the KBO register.
- How many employees does EL ARCHITECTS have?
- EL ARCHITECTS had an average of 4.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does EL ARCHITECTS fall under?
- In its 2025 annual accounts, EL ARCHITECTS states joint committee 336 (Liberal professions).
- What is the turnover of EL ARCHITECTS?
- The turnover in financial year 2025 is ≈ €2.3m. This figure is estimated from the gross margin of €916,503 and 34 comparable companies (NACE 711). It probably lies between €1.7m and €3.0m.
- Is EL ARCHITECTS profitable?
- In financial year 2025, EL ARCHITECTS made a profit of €324,278.
- Where can I find the annual accounts of EL ARCHITECTS?
- EL ARCHITECTS filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of EL ARCHITECTS due?
- EL ARCHITECTS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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