ELATO
ActiveSummary
ELATO has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €178,720 and a net result of -€43,475. Equity has been growing by about 15% per year since 2018. Its solvency ranks better than 81% of 34,954 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 06-10-2010 Normal situation
- Activity
- General electrical installation work NACE 43211and 3 others
- Establishment unit
- 2.195.046.850 3140 Keerbergen, since 15-10-2010
- Financial year end
- 31 December
- Peppol
- Reachable since 03-09-2026
Board and ownership
Board
- ELAERTS Johan Marcel LouisDirector · since 15-10-2010
- ELAERTS MatthiasDirector · since 30-06-2021
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
Annual accounts 2025
- Gross margin
- -€20,352
- Loss
- €43,475
- Equity
- €178,720
- ▼ 23.9%
- Total assets
- €236,311
- ▼ 23.5%
Turnover not published (micro format)
Score breakdownraises riskLoss of €43,475 (financial year 2025)Sector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 3.64, cash €78,878Equity €178,720 (75.6% of total assets)Show the evidence
Checked score
Score 2025
86
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 48% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency
100=
equity 75.6% of total assets
Liquidity
85-11
short-term debt 20.8% · cash 33.4%
Profitability
0-82
return on assets -18.4%
Bankruptcy probability within 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.2%▲ +0.1 percentage points vs 07-2025
09-2025: 0.1%▼ -0.1 percentage points 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 12-2025lowest value
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.3%▲ +0.2 percentage points vs 07-2026highest value
09-2026: 0.3%● unchanged vs 08-2026highest value
10-2026: 0.3%● unchanged vs 09-2026highest value
11-2026: 0.3%● unchanged vs 10-2026highest value
Credit of up to €15,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.64 (4.94 in 2024), above the usual 1.5. Short-term debt is 20.8% and cash 33.4% of total assets. 24.4% of the assets are financed with debt and provisions.
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 43, micro). It does better than 90% of them on solvency, 83% on liquidity, 4% on profitability and 16% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
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
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
26 days late
2023
23 days late
2022
35 days early
2021
32 days early
2020
50 days early
2019
31 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 14 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 31 July (4 of the last 5 accounts filed within 32 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 31-07-2026 at the NBB all 15 filings
Equity
€178,720▼ 23.9%
2024 · €234,827
Total assets
€236,311▼ 23.5%
2024 · €308,829
Net result
-€43,475
2024 · €31,721
Working capital
€129,935▼ 32.9%
2024 · €193,622
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€42,350
2025
20182025
Net result
-€43,475
2025
lowest quarter of the sector
20182025
Equity
€178,720
▼ 23.9%
2025
highest quarter of the sector
20182025
Total assets
€236,311
▼ 23.5%
2025
middle half of the sector
20182025
Debt
€57,591
▼ 22.2%
2025
20182025
Working capital
€129,935
▼ 32.9%
2025
highest quarter of the sector
20182025
Solvency
75.6%
▼ 0.4pp
2025
highest quarter of the sector
20182025
Current ratio
3.64
▼ 1.29
2025
highest quarter of the sector
20182025
Return on assets (ROA)
-18.4%
▼ 28.7pp
2025
lowest quarter of the sector
20182025
Staff (FTE)
no figure
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€17,758--€13,941-€2,152▲ 84.6%€15,336€84,472▲ 451%€66,161▼ 21.7%€46,811▼ 29.2%-€42,350
Net result€22,552--€13,506-€1,204below the sector's middle half▲ 91.1%€14,609within the sector's middle half€67,048above the sector's middle half▲ 359%€46,478above the sector's middle half▼ 30.7%€31,721above the sector's middle half▼ 31.8%-€43,475below the sector's middle half
Equity€102,431-€88,925▼ 13.2%€87,721within the sector's middle half▼ 1.4%€102,330within the sector's middle half▲ 16.7%€156,628above the sector's middle half▲ 53.1%€203,106above the sector's middle half▲ 29.7%€234,827above the sector's middle half▲ 15.6%€178,720above the sector's middle half▼ 23.9%
Total assets€129,143-€122,662▼ 5.0%€114,113within the sector's middle half▼ 7.0%€153,043within the sector's middle half▲ 34.1%€254,632within the sector's middle half▲ 66.4%€346,577above the sector's middle half▲ 36.1%€308,829above the sector's middle half▼ 10.9%€236,311within the sector's middle half▼ 23.5%
Debt€26,712-€33,737▲ 26.3%€26,392▼ 21.8%€50,714▲ 92.2%€98,004▲ 93.2%€143,471▲ 46.4%€74,002▼ 48.4%€57,591▼ 22.2%
Working capital€90,682-€74,601▼ 17.7%€77,332within the sector's middle half▲ 3.7%€95,092above the sector's middle half▲ 23.0%€144,697above the sector's middle half▲ 52.2%€163,938above the sector's middle half▲ 13.3%€193,622above the sector's middle half▲ 18.1%€129,935above the sector's middle half▼ 32.9%
Solvency79.3%-72.5%▼ 6.8pp76.9%above the sector's middle half▲ 4.4pp66.9%above the sector's middle half▼ 10.0pp61.5%within the sector's middle half▼ 5.4pp58.6%within the sector's middle half▼ 2.9pp76.0%above the sector's middle half▲ 17.4pp75.6%above the sector's middle half▼ 0.4pp
Current ratio4.52-3.21▼ 1.313.93above the sector's middle half▲ 0.722.88within the sector's middle half▼ 1.062.48within the sector's middle half▼ 0.402.61within the sector's middle half▲ 0.134.94above the sector's middle half▲ 2.333.64above the sector's middle half▼ 1.29
Return on assets (ROA)17.5%--11.0%▼ 28.5pp-1.1%below the sector's middle half▲ 10.0pp9.5%within the sector's middle half▲ 10.6pp26.3%above the sector's middle half▲ 16.8pp13.4%within the sector's middle half▼ 12.9pp10.3%within the sector's middle half▼ 3.1pp-18.4%below the sector's middle half▼ 28.7pp
Staff (FTE)0.60.2▼ 66.7%
above
within
below
The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a loss of €42,350, after a profit of €46,811 in 2024. It is the lowest result since 2021.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €236,311
Fixed assets
€57,206 ▼ 13.4%
Current assets
€179,105 ▼ 26.2%
Equity and liabilities €236,311
Equity
€178,720 ▼ 23.9%
Debt
€57,591 ▼ 22.2%
Debt's share of the balance-sheet total rises from 24.0% to 24.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€20,633▼
2024 · €66,404
Cash flow
-€21,759▼
2024 · €51,314
Quick ratio
2.70▼
2024 · 3.88
Debt to equity
0.32▲
2024 · 0.32
ROE
-24.3%▼
2024 · 13.5%
Interest coverage
-10.89▼
2024 · 21.27
Debt ≤ 1 year
€49,170=
2024 · €49,182
Debt > 1 year
€8,421▼
2024 · €24,754
Income taxes
€240▼
2024 · €12,673
Staff costs
-€947▼
2024 · €15,523
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2023 | 31-12-2024 |
|---|---|---|
| Employees at the balance-sheet date | 1 | - |
| full-time | 1 | - |
| in full-time equivalents | 1 | - |
| Average over the year, in full-time equivalents | 0.6 | 0.2 |
| On a permanent contract | 1 | - |
| Joined | 1 | 0 |
| Left | 0 | 1 |
Source: social balance sheet in the 2023 to 2024 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €660 | €9,417 | €81,132 | €4,770 | €12,020 |
| Financial fixed assets | - | - | €1,416 | - | - |
| Depreciation and write-downs of the year | €3,811 | €4,724 | €13,630 | €19,593 | €21,717 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2023 · 1 entry · €743 awarded · €743 paidAnnual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €15,365 | - | - | €877 | - |
| Remuneration, social security and pensions62 | - | - | - | - | - | €22,902 | €15,523 | -€947 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,910 | €13,472 | €3,935 | €3,811 | €4,724 | €13,630 | €19,593 | €21,717 | ▲ 10.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €187 | - | - | - | - |
| Other operating charges640/8 | - | - | - | €501 | €256 | €1,143 | €1,442 | €1,229 | ▼ 14.8% |
| Gross operating margin9900 | €31,280 | €1,367 | €2,274 | €19,648 | €89,639 | €103,836 | €83,369 | -€20,352 | - |
| Operating profit (loss)9901 | €17,758 | -€13,941 | -€2,152 | €15,336 | €84,472 | €66,161 | €46,811 | -€42,350 | - |
| Financial income75/76B | - | - | - | €96 | €321 | €13 | €705 | €1,009 | ▲ 43.1% |
| Recurring financial income75 | €1,620 | €721 | €1,105 | €96 | €321 | €13 | €705 | €1,009 | ▲ 43.1% |
| Financial charges65/66B | - | - | - | €275 | €133 | €1,908 | €3,122 | €1,894 | ▼ 39.3% |
| Recurring financial charges65 | €454 | €287 | €157 | €275 | €133 | €1,908 | €3,122 | €1,894 | ▼ 39.3% |
| Profit (loss) for the period before taxes9903 | €18,924 | -€13,506 | -€1,204 | €15,156 | €84,659 | €64,266 | €44,393 | -€43,235 | - |
| Income taxes67/77 | -€3,629 | - | - | €547 | €17,611 | €17,787 | €12,673 | €240 | ▼ 98.1% |
| Profit (loss) for the period9904 | €22,552 | -€13,506 | -€1,204 | €14,609 | €67,048 | €46,478 | €31,721 | -€43,475 | - |
| Profit (loss) for the period to be appropriated9905 | €22,552 | -€13,506 | -€1,204 | €14,609 | €67,048 | €46,478 | €31,721 | -€43,475 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €129,143 | €122,662 | €114,113 | €153,043 | €254,632 | €346,577 | €308,829 | €236,311 | ▼ 23.5% |
| Fixed assets21/28 | €12,684 | €14,324 | €10,389 | €7,238 | €11,931 | €80,848 | €66,025 | €57,206 | ▼ 13.4% |
| Tangible fixed assets22/27 | €12,684 | €14,324 | €10,389 | €7,238 | €11,931 | €79,432 | €64,609 | €55,790 | ▼ 13.6% |
| Plant, machinery and equipment23 | - | - | - | €1,193 | €8,908 | €9,767 | €6,835 | €14,709 | ▲ 115% |
| Furniture and vehicles24 | - | - | - | €6,045 | €3,022 | €67,680 | €51,849 | €36,135 | ▼ 30.3% |
| Other tangible fixed assets26 | - | - | - | - | - | €1,986 | €5,925 | €4,946 | ▼ 16.5% |
| Financial fixed assets28 | - | - | - | - | - | €1,416 | €1,416 | €1,416 | = |
| Current assets29/58 | €116,459 | €108,338 | €103,724 | €145,805 | €242,701 | €265,729 | €242,804 | €179,105 | ▼ 26.2% |
| Stocks and contracts in progress3 | - | - | - | €14,577 | €24,265 | €83,142 | €52,097 | €46,242 | ▼ 11.2% |
| Stocks30/36 | - | - | - | - | €24,265 | €60,477 | €52,097 | €46,242 | ▼ 11.2% |
| Contracts in progress37 | - | - | - | €14,577 | - | €22,665 | - | - | - |
| Amounts receivable within one year40/41 | €47,329 | €15,278 | €34,679 | €24,648 | €91,552 | €45,319 | €48,968 | €49,752 | ▲ 1.6% |
| Trade receivables40 | - | - | - | €11,240 | €76,432 | €40,535 | €20,382 | €36,771 | ▲ 80.4% |
| Other amounts receivable41 | - | - | - | €13,408 | €15,120 | €4,785 | €28,586 | €12,981 | ▼ 54.6% |
| Current investments50/53 | €57,410 | €64,973 | €43,393 | €62,929 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €10,772 | €26,025 | €23,692 | €42,530 | €125,990 | €132,423 | €138,727 | €78,878 | ▼ 43.1% |
| Deferred charges and accrued income490/1 | - | - | - | €1,121 | €893 | €4,844 | €3,013 | €4,233 | ▲ 40.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €129,143 | €122,662 | €114,113 | €153,043 | €254,632 | €346,577 | €308,829 | €236,311 | ▼ 23.5% |
| Equity10/15 | €102,431 | €88,925 | €87,721 | €102,330 | €156,628 | €203,106 | €234,827 | €178,720 | ▼ 23.9% |
| Contributions10/11 | €20,000 | €20,000 | - | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €82,431 | €82,431 | €82,431 | €82,431 | €82,431 | €127,431 | €159,152 | €146,520 | ▼ 7.9% |
| Non-distributable reserves130/1 | - | - | - | €2,000 | €2,000 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €2,000 | €2,000 | - | - | - | - |
| Distributable reserves133 | - | - | - | €80,431 | €80,431 | €127,431 | €159,152 | €146,520 | ▼ 7.9% |
| Profit (loss) carried forward14 | - | -€13,506 | -€14,711 | -€101 | €54,197 | €55,675 | €55,675 | €12,200 | ▼ 78.1% |
| Amounts payable17/49 | €26,712 | €33,737 | €26,392 | €50,714 | €98,004 | €143,471 | €74,002 | €57,591 | ▼ 22.2% |
| Amounts payable after more than one year17 | €935 | - | - | - | - | €40,430 | €24,754 | €8,421 | ▼ 66.0% |
| Financial debts170/4 | - | - | - | - | - | €40,430 | €24,754 | €8,421 | ▼ 66.0% |
| Amounts payable within one year42/48 | €25,777 | €33,737 | €26,392 | €50,714 | €98,004 | €101,791 | €49,182 | €49,170 | = |
| Current portion of amounts payable after more than one year42 | - | - | - | - | - | €15,046 | €15,676 | €16,333 | ▲ 4.2% |
| Financial debts43 | - | - | - | - | - | €8,967 | €8,986 | - | - |
| Credit institutions430/8 | - | - | - | - | - | €8,967 | €8,986 | - | - |
| Trade debts44 | €12,435 | €29,510 | €22,545 | €43,418 | €74,706 | €62,398 | €19,235 | €20,207 | ▲ 5.1% |
| Suppliers440/4 | - | - | - | €43,418 | €74,706 | €62,398 | €19,235 | €20,207 | ▲ 5.1% |
| Advances received on contracts in progress46 | - | - | - | - | - | - | - | €1,980 | - |
| Taxes, remuneration and social security45 | - | - | - | €7,296 | €14,373 | €14,701 | €5,252 | €10,650 | ▲ 103% |
| Taxes450/3 | - | - | - | €4,348 | €12,173 | €6,071 | €1,200 | €4,371 | ▲ 264% |
| Remuneration and social security454/9 | - | - | - | €2,948 | €2,200 | €8,631 | €4,052 | €6,279 | ▲ 55.0% |
| Other amounts payable47/48 | - | - | - | - | €8,925 | €679 | €33 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €1,250 | €67 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22,552 | -€13,506 | -€1,204 | €14,609 | €67,048 | €46,478 | €31,721 | -€43,475 | - |
| + Depreciation and write-downs630 | €10,910 | €13,472 | €3,935 | €3,811 | €4,724 | €13,630 | €19,593 | €21,717 | ▲ 10.8% |
| Operating cash flow (approximation) | €33,463 | -€34 | €2,731 | €18,420 | €71,772 | €60,109 | €51,314 | -€21,759 | - |
| Investment in fixed assets (approximation) | - | -€15,112 | €0 | -€660 | -€9,417 | -€82,548 | -€4,770 | -€12,898 | ▼ 170% |
| Change in cash | - | €15,252 | -€2,332 | €18,838 | €83,460 | €6,433 | €6,303 | -€59,848 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 4,805 companies had the same profile as ELATO has now. Two years later, 88.1% were still going and 2.0% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
88.1%
was still going
9.8%
stopped otherwise
2.0%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of ELATO itself is lower: 0.3% within 12 months. It rests on far more data about ELATO than the profile alone.
Test of the method
The method was tested on the 497,446 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 4,805 companies, not a prediction for ELATO. 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.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-07-2026 | 2026-00368208 | |
| 31-12-2024 | micro format | 26-08-2025 | 2025-00413970 | |
| 31-12-2023 | micro format | 23-08-2024 | 2024-00373185 | |
| 31-12-2022 | micro format | 26-06-2023 | 2023-00168026 | |
| 31-12-2021 | micro format | 29-06-2022 | 2022-20106100 | |
| 31-12-2020 | micro format | 11-06-2021 | 2021-19500013 | |
| 31-12-2019 | micro format | 30-06-2020 | 2020-24000355 | |
| 31-12-2018 | micro format | 20-08-2019 | 2019-48200084 | |
| 31-12-2017 | micro format | 28-08-2018 | 2018-51400186 | |
| 31-12-2016 | micro format | 25-07-2017 | 2017-37200428 |
Board & ownership
Directors
Directors
2 directors, last change in 2023
ELAERTS Johan Marcel Louis
Current
Director (not named in the articles) · since 15-10-2010 · earlier manager, until 29-09-2023 · term without a fixed end · listed in the 2025 annual accounts, filed on 31-07-2026
ELAERTS Matthias
Current
Director (not named in the articles) · since 30-06-2021 · earlier manager, until 29-09-2023 · term without a fixed end · listed in the 2025 annual accounts, filed on 31-07-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 29-09-2023Owners and capital
Capital transactions
Capital over time
- 29-09-2023 Converted to unavailable equity
Mandate history
2 people, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| ELAERTS Johan Marcel Louis |
|
| ELAERTS Matthias |
|
Network & group
ELATO shares no director with another company.
Companies at the same address
3 other companiesConnections & network
2 current directorsThe network starts from the directors of ELATO. Every other company they run is a node.
This company
Company
Director
Shareholding
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Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
31-07
micro format · on the deadline day
2025
31-12
Financial
Weakest financial yearnet -€43,475
The net result drops to -€43,475, the lowest from 2018 to 2025.
26-08
micro format · 26 days late
2024
23-08
micro format · 23 days late
2023
31-12
Financial
Equity above €200,000equity €203,106 ▲29.7%
After 3 profitable years in a row, equity reaches €203,106.
29-09
Gazette deed
2 directors resigning, 2 reappointedResignations: ELAERTS Johan Marcel Louis (manager) and ELAERTS Matthias (manager) · Reappointments: ELAERTS Johan Marcel Louis (director) and ELAERTS Matthias (director) · Permanent representative: ELAERTS Johan Marcel Louis16 points ▸
Gazette deed
2 directors resigning, 2 reappointed
Resignations: ELAERTS Johan Marcel Louis (manager) and ELAERTS Matthias (manager) · Reappointments: ELAERTS Johan Marcel Louis (director) and ELAERTS Matthias (director) · Permanent representative: ELAERTS Johan Marcel Louis16 points ▸
- General meeting, 20-09-2023
- Other provision, “aanpassing statuten aan WVV en behoud rechtsvorm, statuten aanpassen aan WVV” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffing statutair onbeschikbare eigen vermogensrekening, middelen beschikbaar voor uitkering” (deed in Dutch)
- Amendment of the articles
- Power of attorney, Joris Stalpaert
- Director resignation, ELAERTS Johan Marcel Louis (manager)
- Director resignation, ELAERTS Matthias (manager)
- Director reappointment, ELAERTS Johan Marcel Louis (director (not named in the articles))
- Director reappointment, ELAERTS Matthias (director (not named in the articles))
- Other provision, “afwezigheid bestuursverbod, geen bestuursverbod opgelegd bij wijze van strafrechtelijke maatregel” (deed in Dutch), mentioned 2 times in the deed
- Other provision, “woonplaatskeuze bestuurders, zetel van de vennootschap voor alle aangelegenheden met betrekking tot uitoefening mandaat” (deed in Dutch), mentioned 2 times in the deed
- The act holds 4 more points.
26-06
micro format · 35 days before the deadline
2022
31-12
Financial
Highest result from 2018 to 2025net €67,048 ▲359%
The operating result of €84,472 and the net result of €67,048 are both a record.
31-12
Financial
Equity above €150,000equity €156,628 ▲53.1%
After 2 profitable years in a row, equity reaches €156,628.
29-06
micro format · 32 days before the deadline
2021
31-12
Financial
Back to profitnet €14,609
The net result is €14,609, after 2 loss-making years.
31-12
Financial
Equity above €100,000equity €102,330 ▲16.7%
Equity rises from €87,721 to €102,330.
Show earlier events
11-06
micro format · 50 days before the deadline
2020
30-06
micro format · 31 days before the deadline
2019
20-08
micro format · 20 days late
2018
28-08
micro format · 28 days late
2017
25-07
micro format · 6 days before the deadline
2010
26-10
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
ELATO in Dutch
Enterprise number
0830.328.512
Legal form
Private limited company
Status
Active, normale toestand
Founded
06-10-2010
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 29-09-2023 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaamse Gewest, administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren in België of buitenland bij enkel besluit…”
deed of 29-09-2023 (in Dutch)Registered office and establishments
Registered office
Putsebaan 238, 3140 Keerbergen, Belgium
Establishment unit
ELATO, Putsebaan 238, 3140 Keerbergen since 15-10-2010 · unit number 2.195.046.850
Activities
NACEBEL 202543211
General electrical installation work main activity
43221
Plumbing work
43222
Installation of electric heating, air conditioning, cooling and ventilation
80090
Investigation and security activities
Codes under NACEBEL 2008
43211
Specialised construction activities main activity
43221
Plumbing
43222
Specialised construction activities
80200
Investigation and security activities
Invoicing and payment
VAT number
BE 0830.328.512
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0830.328.512
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Friday of June at 09:00
deed of 29-09-2023 (in Dutch)Sites & property
Location
Buildings and parcels at the address
Ground area
1,479 m²
Building footprint
162 m²
Building volume
641 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24048C0123/00A000 | Flanders | 1,479 m² | 1 · 162 m² | 5.7 m · 1 |