EL-TECH
ActiveEL-TECH has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €225k and a net result of €-19k. Equity is growing by ~6.4% per year across the filed fiscal years. Its solvency ranks better than 89% of 9517 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability19▲+19
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 6.71 against 7.24 in 2023; short-term debt: 10.8% and cash: 21.5% of total assets), and 10.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
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 · 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
89.2%
Return on assets
-7.4%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-19k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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
not confirmed
2024
29 d late
2023
30 d late
2022
30 d late
2021
61 d late
2020
31 d late
2019
208 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€225k▼ 7.7%
2023 · €244k
2018: €169k
2019: €165k
2020: €159k
2021: €289k
2022: €306k
2023: €244k
2018 → 2024
Total assets
€252k▼ 7.1%
2023 · €271k
2018: €314k
2019: €281k
2020: €385k
2021: €522k
2022: €478k
2023: €271k
2018 → 2024
Net result
€-19k▲ 70.1%
2023 · €-62k
2018: €14k
2019: €-4k
2020: €-6k
2021: €130k
2022: €17k
2023: €-62k
2018 → 2024
Working capital
€155k▼ 10.7%
2023 · €174k
2018: €98k
2019: €97k
2020: €91k
2021: €219k
2022: €236k
2023: €174k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€159k-€289k▲ 81.6%€306k▲ 5.8%€244k▼ 20.4%€225k▼ 7.7%
Operating result€-5k-€177k€26k▼ 85.5%€-62k€-18k▲ 71.6%
Net result€-6k-€130k€17k▼ 87.0%€-62k€-19k▲ 70.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €18k in 2024 against €62k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €252k
Fixed assets
€70k=
Current assets
€182k▼ 9.6%
Equity and liabilities €252k
Equity
€225k▼ 7.7%
Debt
€27k▼ 2.4%
The debt ratio rises from 10.2% to 10.8%. Equity and debt are lower.
Key figures and ratios
Solvency
89.2%▼
2023 · 89.8%
Current ratio
6.71▼
2023 · 7.24
Quick ratio
6.71▼
2023 · 7.24
Debt / equity
0.12▲
2023 · 0.11
ROE
-8.3%▲
2023 · -25.6%
ROA
-7.4%▲
2023 · -23.0%
Debt
€27k▼
2023 · €28k
Debt ≤ 1 year
€27k▼
2023 · €28k
Income taxes
€150▼
2023 · €440
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€271k€252k▼
Fixed assets21/28€70k€70k=
Financial fixed assets28€70k€70k=
Current assets29/58€201k€182k▼
Amounts receivable within one year40/41€160k€126k▼
Trade receivables40€5k€21k▲
Other amounts receivable41€156k€105k▼
Cash at bank and in hand54/58€36k€54k▲
Deferred charges and accrued income490/1€4k€2k▼
Equity and liabilities
Total equity and liabilities10/49€271k€252k▼
Equity10/15€244k€225k▼
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€236k€217k▼
Amounts payable17/49€28k€27k▼
Amounts payable within one year42/48€28k€27k▼
Trade debts44€28k€27k▼
Suppliers440/4€28k€27k▼
Taxes, remuneration and social security45€110€102▼
Taxes450/3€110€102▼
Other amounts payable47/48€25€25=
Income statement
Code20232024
Non-recurring operating income76A€9k-
Other operating charges640/8€384€387▲
Non-recurring operating charges66A€10k-
Gross operating margin9900€-52k€-17k▲
Operating profit (loss)9901€-62k€-18k▲
Financial income75/76B€3k€2k▼
Recurring financial income75€3k€2k▼
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€-62k€-18k▲
Income taxes67/77€440€150▼
Profit (loss) for the period9904€-62k€-19k▲
Profit (loss) for the period to be appropriated9905€-62k€-19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€236k€217k▼
Profit (loss) brought forward from the previous period14P€298k€236k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €-62k ▼470%
Net result drops to €-62k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 7.24
Current ratio from 2.37 to 7.24; short-term debt falls from €172k to €28k.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-12
Financial
Back to profitnet €130k
Net result €130k after 2 loss-making years.
31-12
Financial
Equity above €200kEq €289k ▲81.6%
Equity rises from €159k to €289k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
24-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 208 days late
2019
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 58 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
30-12
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 152 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Herstal · 1 establishment unit since 2001
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.
Route de Tilice 154041 HerstalGround area
1.3 ha
Building footprint
2,641 m²
Volume, LiDAR
15,419 m³
Parcel 62071B0054/00K000, Wallonia · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
EL-TECH
since 20012.103.265.351
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62071B0054/00K000 | Wallonia | 1.3 ha | 1 · 2,641 m² | 7.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 4,572 companies in sector 82300 we hold annual accounts for 1,671. 1,212 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-09-2001
Fiscal year end31-12
Activities, NACEBEL
82300Organisation of conventions and trade shows
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
77392Rental and leasing activities
90021Arts creation and performing arts activities
90022Arts creation and performing arts activities
90393Specialised image, lighting and sound technical services
90391Promotion and organisation of arts and performing arts events
90392Design and construction of stages and sets
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.