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ELABORATE

Active
Private limited company (pre-2019)founded 200719 yrs activeSint-Vincentiusstraat 114, 1140 Evere, BelgiumKBO/BCE: BE 0891.427.525
Summary

ELABORATE has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €14,627 and a net result of €10,106. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 69% of 187 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is < 0.1% (very low).

Risk analysisWatch ReportCompare
ELABORATEActiveChecked score 99/100
Risk analysis ReportCompare

Overview

Activity
Wholesale of electrical household appliances and audio-video equipment
NACE 46431NACE 51430
1 site
Size
€18,699total assets 2026
Equity
€14,627
Profit
€10,106
Turnover not published (abridged schema)
Financial health
99 Excellent Checked score 2026
Bankruptcy chance 12 m
< 0.1%
Structure
Accounts 61 d early0 of 3 deeds read
Why 99- Size: total assets €18,699+ Liquidity: current ratio 3.36, cash €13,218+ Founded in 2007+ Equity €14,627 (78.2% of total assets)Show the evidence

Checked score

Score 2026
99 / 100
Excellent
Probability in this band: under 0.55%
Better than 93% of its sector peers (NACE 46, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2025
Strong
Solvency 100=
equity 78.2% of total assets
Liquidity 93-5
short-term debt 21.8% · cash 70.7%
Profitability 100=
return on assets 54.0%
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 0.4% (26,865 companies)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● 0.0% vs 11-2024 01-2025: 0.2%● 0.0% vs 12-2024 02-2025: 0.2%▼ -1.3% vs 01-2025 03-2025: 0.2%● 0.0% vs 02-2025 04-2025: 0.2%▲ +8.0% vs 03-2025highest value 05-2025: 0.2%▼ -3.3% vs 04-2025 06-2025: 0.2%▼ -3.8% vs 05-2025 07-2025: 0.2%▲ +2.2% vs 06-2025 08-2025: < 0.1%▼ -78.7% vs 07-2025lowest value 09-2025: < 0.1%● 0.0% vs 08-2025lowest value 10-2025: < 0.1%● 0.0% vs 09-2025lowest value 11-2025: < 0.1%● 0.0% vs 10-2025lowest value 12-2025: < 0.1%● 0.0% vs 11-2025lowest value 01-2026: < 0.1%● 0.0% vs 12-2025lowest value 02-2026: < 0.1%● 0.0% vs 01-2026lowest value 03-2026: < 0.1%● 0.0% vs 02-2026lowest value 04-2026: 0.1%▲ +2.0% vs 03-2026 05-2026: 0.1%▲ +6.0% vs 04-2026 06-2026: 0.1%▼ -1.9% vs 05-2026 07-2026: 0.1%▲ +5.8% vs 06-2026 08-2026: < 0.1%▼ -10.9% vs 07-2026lowest value 09-2026: < 0.1%● 0.0% vs 08-2026lowest value 10-2026: < 0.1%● 0.0% vs 09-2026lowest value
  • Liquidity: current ratio 3.36, cash €13,218 lowers the probability
  • Size: total assets €18,699 raises the probability for this profile
  • Founded in 2007 lowers the probability for this profile
  • Equity €14,627 (78.2% of total assets) lowers the probability
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 3.36 against 4.93 in 2025; short-term debt: 21.8% and cash: 70.7% of total assets), and 21.8% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 90%, liquidity 91%, profitability 95%, growth against the median 97%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Liquidity: current ratio 3.36, cash €13,218
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Size: total assets €18,699
In the bankruptcy model this factor raises the probability for this profile.
NBB · annual accounts
lowers risk · Founded in 2007
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Equity €14,627 (78.2% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-01-2026 was due by 31-08-2026 and was filed on 01-07-2026, 61 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
61 d early
2025
61 d early
2024
60 d early
2023
52 d early
2022
22 d early
2021
61 d early
2020
49 d 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 52 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-01-2027 and is due by 31-08-2027. Nothing is late today. Usually files around 3 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
05-10-2026 today31-01-2027 close31-08-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2026 · micro…
  2. Highest result since 2019net €10,106 ▲117%
  3. Annual accounts filedfiscal year 2025 · micro…

Key points

  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Total assets 20266 fiscal years filed €18,699 View
  • Active since 2007founded 14-08-2007 19 years View

By topic

Financials

Fiscal year
2026
Total assets
€18,699
Profit
€10,106
Solvency
78.2%
Total assets▲ 214%
Net result
20192026
Go to Financials

Timeline

Events
15
Since
2017
Next accounts
by 31-08-2027
  1. 01-07-2026Annual accounts filed
  2. 31-01-2026Highest result since 2019
  3. 01-07-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Wholesale of electrical household appliances and audio-video equipmentNACE 46431
Founded
14-08-2007
Year ends
31-01
Peppol
Reachable for e-invoices
Go to Company details

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