EL-B Bouw
ActiveThe computed 12-month bankruptcy probability of EL-B Bouw is 2.5% (moderate). The 2024 annual accounts show equity of €23k and a net result of €7k. Equity is growing by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 51% of 36376 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability79▲+26
Solvency72▲+12
Growth68▲+13
Track record94
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 1.79 against 1.3 in 2023; short-term debt: 52.9% and cash: 21.8% of total assets), but 52.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
47.1%
Return on assets
15.2%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-10-2025, 81 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
81 d late
2023
83 d late
2022
449 d late
2021
233 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€132k▲ 52.6%
2023 · €86k
2022: €41k
2023: €86k
2022 → 2024
EBIT margin
7.1%▲ 8.9pp
2023 · -1.9%
2022: 0.5%
2023: -1.9%
2022 → 2024
Net result
€7k
2023 · €-2k
2021: €10k
2022: €168
2023: €-2k
2021 → 2024
Working capital
€20k▲ 133%
2023 · €9k
2021: €10k
2022: €6k
2023: €9k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Turnover€41k€86k▲ 113%€132k▲ 52.6%
Equity€17k-€17k▲ 1.0%€15k▼ 11.1%€23k▲ 47.6%
Operating result€14k-€210▼ 98.5%€-2k€9k
Net result€10k-€168▼ 98.4%€-2k€7k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €9k after a loss of €2k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €49k
Fixed assets
€3k▼ 62.3%
Current assets
€46k▲ 22.7%
Equity and liabilities €49k
Equity
€23k▲ 47.6%
Debt
€26k▼ 10.7%
The debt ratio falls from 65.0% to 52.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€14k▲
2023 · €3k
Cash flow
€12k▲
2023 · €3k
Solvency
47.1%▲
2023 · 35.0%
Current ratio
1.79▲
2023 · 1.30
Quick ratio
1.79▲
2023 · 1.30
Debt / equity
1.12▼
2023 · 1.85
ROE
32.3%▲
2023 · -12.5%
ROA
15.2%▲
2023 · -4.4%
Interest coverage
385.88▲
2023 · 18.20
Debt
€26k▼
2023 · €29k
Debt ≤ 1 year
€26k▼
2023 · €29k
Income taxes
€2k▲
2023 · €143
Staff costs
€38k=
2023 · €38k
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€44k€49k▲
Fixed assets21/28€7k€3k▼
Tangible fixed assets22/27€6k€2k▼
Plant, machinery and equipment23€2k-
Furniture and vehicles24€4k€2k▼
Financial fixed assets28€540€540=
Current assets29/58€37k€46k▲
Amounts receivable within one year40/41€16k€35k▲
Trade receivables40€8k€31k▲
Other amounts receivable41€8k€4k▼
Cash at bank and in hand54/58€20k€11k▼
Deferred charges and accrued income490/1€1k-
Equity and liabilities
Total equity and liabilities10/49€44k€49k▲
Equity10/15€15k€23k▲
Contributions10/11€7k€7k=
Profit (loss) carried forward14€8k€16k▲
Amounts payable17/49€29k€26k▼
Amounts payable within one year42/48€29k€26k▼
Trade debts44€9k€10k▲
Suppliers440/4€9k€10k▲
Taxes, remuneration and social security45€17k€7k▼
Taxes450/3-€5k
Remuneration and social security454/9€17k€3k▼
Other amounts payable47/48€3k€8k▲
Income statement
Code20232024
Turnover70€86k€132k▲
Goods, raw materials, services and sundry goods60/61€44k€55k▲
Remuneration, social security and pensions62€38k€38k=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€4k▼
Other operating charges640/8€1k€3k▲
Gross operating margin9900€43k€55k▲
Operating profit (loss)9901€-2k€9k▲
Financial income75/76B€7-
Recurring financial income75€7-
Financial charges65/66B€163€35▼
Recurring financial charges65€163€35▼
Profit (loss) for the period before taxes9903€-2k€9k▲
Income taxes67/77€143€2k▲
Profit (loss) for the period9904€-2k€7k▲
Profit (loss) for the period to be appropriated9905€-2k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€8k€16k▲
Profit (loss) brought forward from the previous period14P€10k€8k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
20-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 81 days late
2024
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
22-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 83 days late
22-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 449 days late
2023
31-12
Financial
Weakest financial yearnet €-2k ▼1249%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
21-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 233 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Aartselaar · 1 establishment unit since 2020
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.
Oudestraat 712630 AartselaarGround area
410 m²
Building footprint
180 m²
Volume, LiDAR
1,691 m³
2 parcels, Flanders · tallest building 12.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
EL-B Bouw
since 20202.315.792.153
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11001B0021/00Y000 | Flanders | 300 m² | 1 · 87 m² | 9.4 m · 3 fl. |
| 11809I2494/00F006 | Flanders | 110 m² | 1 · 93 m² | 12.1 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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CUBITO
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Of 4,097 companies in sector 43240 we hold annual accounts for 1,632. 1,163 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-10-2020
Fiscal year end31-12
Activities, NACEBEL
43240Other construction installation
43299Specialised construction activities
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:elboujadaini-bouw@outlook.com
Phone:0484833457