ELAUT - MORTIER
ActiveELAUT - MORTIER has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.67M and a net result of €249k. Equity is growing by ~8.2% per year across the filed fiscal years. Its solvency ranks better than 87% of 7744 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▲+9
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140k at 30 days acceptable
Liquidity ample (current ratio 2.97 against 2.87 in 2024; short-term debt: 16.5% and cash: 27.5% of total assets), and 20.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
79.8%
Return on assets
11.9%
Age of the figures
9 mo
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 15-06-2026, 46 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
46 d early
2024
45 d early
2023
50 d early
2022
35 d early
2021
48 d early
2020
47 d early
2019
43 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.67M▲ 17.4%
2024 · €1.42M
2018: €933k
2019: €1.04M
2020: €1.12M
2021: €1.34M
2022: €1.58M
2023: €1.34M
2024: €1.42M
2018 → 2025
Total assets
€2.09M▲ 24.0%
2024 · €1.69M
2018: €1.33M
2019: €1.47M
2020: €1.43M
2021: €1.65M
2022: €2.13M
2023: €1.88M
2024: €1.69M
2018 → 2025
Net result
€249k▲ 205%
2024 · €82k
2018: €144k
2019: €105k
2020: €90k
2021: €219k
2022: €204k
2023: €126k
2024: €82k
2018 → 2025
Working capital
€681k▲ 90.8%
2024 · €357k
2018: €523k
2019: €432k
2020: €492k
2021: €522k
2022: €607k
2023: €343k
2024: €357k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.34M-€1.58M▲ 18.0%€1.34M▼ 15.3%€1.42M▲ 6.0%€1.67M▲ 17.4%
Operating result€294k-€244k▼ 17.1%€170k▼ 30.2%€114k▼ 33.1%€358k▲ 215%
Net result€219k-€204k▼ 6.6%€126k▼ 38.2%€82k▼ 35.4%€249k▲ 205%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 215% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.09M
Fixed assets
€1.06M▼ 6.5%
Current assets
€1.03M▲ 87.2%
Equity and liabilities €2.09M
Equity
€1.67M▲ 17.4%
Provisions
€28k▲ 9.6%
Debt
€394k▲ 64.1%
The debt ratio rises from 14.2% to 18.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€658k▲
2024 · €408k
Cash flow
€549k▲
2024 · €376k
Solvency
79.8%▼
2024 · 84.2%
Current ratio
2.97▲
2024 · 2.87
Quick ratio
2.78▲
2024 · 2.77
Debt / equity
0.24▲
2024 · 0.17
ROE
14.9%▲
2024 · 5.7%
ROA
11.9%▲
2024 · 4.8%
Interest coverage
142.96▲
2024 · 72.21
Debt
€394k▲
2024 · €240k
Debt ≤ 1 year
€345k▲
2024 · €191k
Debt > 1 year
€49k▲
2024 · €49k
Income taxes
€103k▲
2024 · €30k
Staff costs
€445k▲
2024 · €384k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.69M€2.09M▲
Fixed assets21/28€1.14M€1.06M▼
Intangible fixed assets21€88€434▲
Tangible fixed assets22/27€1.14M€1.06M▼
Land and buildings22€18k€15k▼
Plant, machinery and equipment23€595k€629k▲
Furniture and vehicles24€525k€420k▼
Current assets29/58€548k€1.03M▲
Stocks and contracts in progress3€19k€66k▲
Contracts in progress37€19k€66k▲
Amounts receivable within one year40/41€177k€229k▲
Trade receivables40€167k€203k▲
Other amounts receivable41€10k€26k▲
Current investments50/53€55k€134k▲
Cash at bank and in hand54/58€289k€576k▲
Deferred charges and accrued income490/1€9k€21k▲
Equity and liabilities
Total equity and liabilities10/49€1.69M€2.09M▲
Equity10/15€1.42M€1.67M▲
Contributions10/11€20k€20k=
Reserves13€1.40M€1.65M▲
Tax-exempt reserves132€102k€112k▲
Distributable reserves133€1.30M€1.54M▲
Provisions and deferred taxes16€26k€28k▲
Deferred taxes168€26k€28k▲
Amounts payable17/49€240k€394k▲
Amounts payable after more than one year17€49k€49k▲
Financial debts170/4€49k€49k▲
Amounts payable within one year42/48€191k€345k▲
Current portion of amounts payable after more than one year42€66k€122k▲
Trade debts44€47k€112k▲
Suppliers440/4€47k€112k▲
Taxes, remuneration and social security45€28k€65k▲
Taxes450/3€12k€64k▲
Remuneration and social security454/9€17k€1k▼
Other amounts payable47/48€50k€47k▼
Income statement
Code20242025
Non-recurring operating income76A€36k€28k▼
Remuneration, social security and pensions62€384k€445k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€294k€300k▲
Other operating charges640/8€10k€11k▲
Non-recurring operating charges66A€2k-
Gross operating margin9900€804k€1.11M▲
Operating profit (loss)9901€114k€358k▲
Financial income75/76B€101€1k▲
Recurring financial income75€101€1k▲
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€108k€355k▲
Transfer from deferred taxes780€3k€3k▲
Transfer to deferred taxes680-€6k
Income taxes67/77€30k€103k▲
Profit (loss) for the period9904€82k€249k▲
Transfer from tax-exempt reserves789€11k€12k▲
Transfer to tax-exempt reserves689-€22k
Profit (loss) for the period to be appropriated9905€93k€239k▲
Appropriation of the result
Profit (loss) to be appropriated9906€93k€239k▲
Transfer to equity691/2€91k€238k▲
To other reserves6921€91k€238k▲
Profit to be distributed694/7€2k€2k▲
Return on contributions (dividend)694€2k€2k▲
Social balance
Average headcount (FTE)90877.37.7▲
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €249k ▲205%
Operating result €358k, net result €249k, both a record.
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €82k ▼35.4%
Net result drops to €82k, the lowest in the series; recovery starts the following year.
11-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
18-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €1MEq €1.04M ▲11.1%
2 profitable years in a row build equity to €1.04M.
11-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
13-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Oosterzele · 1 establishment unit since 2002
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.
Heistraat 939860 OosterzeleGround area
7,032 m²
Building footprint
331 m²
Volume, LiDAR
1,458 m³
Parcel 44052A0900/00W000, Flanders · tallest building 8.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Elaut-Mortier Grond -en afbraakwerken
since 20022.101.566.465
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44052A0900/00W000 | Flanders | 7,031 m² | 1 · 331 m² | 8.8 m · 1 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 5,521 EUR awarded · 5,497 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,093 EUR | 2,111 EUR |
| 2024 | 1 | 2,740 EUR | 1,698 EUR |
| 2023 | 1 | 1,145 EUR | 1,235 EUR |
| 2022 | 1 | 543 EUR | 453 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
5 categoriesELAUT - MORTIER BV35477
Food safety, FASFC
1 siteOosterzele2.101.566.465
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GUY NOOYENS
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Tielt · Eq €1.58M
Of 1,364 companies in sector 43110 we hold annual accounts for 632. 260 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-01-2002
Fiscal year end31-12
Activities, NACEBEL
43110Demolition
43120Site preparation
01110Growing of cereals (except rice), leguminous crops and oil seeds
01610Support activities for crop production
45112
71310
77310Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.