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Complete company report
Generated 13-07-2026
Active BE 1007.886.814Private limited company

ELBE Projects

Kapelstraat 23 ·2960 Brecht, Belgium· 2 yrs active
Sector: Construction of buildings (41001)
Conclusion Checked

The computed 12-month bankruptcy probability of ELBE Projects is 2.5% (moderate). The 2024 annual accounts show equity of €30k and a net result of €27k. Its solvency ranks better than 55% of 3811 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.
Key figures
Equity €30k
Net result €27k
Better than sector 55%
Active 2 yrs
Snowflake analysis 5 axes · computed by Checked
Health86Profitability100Solvency88Growth50Stability67
78 / 100

Exceptional profile, strong across almost every axis.

Health 86
Profitability 100
Solvency 88
Growth 50
Stability 67
Bankruptcy probability (12 mo) Checked model v1 · free
2.5% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
Young company
Founded in 2024, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
86 / 100 Excellent
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview1 NBB filings
Annual accounts filed on 25-07-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 41, Construction of buildings · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 43.6% 39.4%
better than 55% of 3811 sector peers
Net result €27k €10k
better than 75% of 3808 sector peers
Equity €30k €29k
better than 51% of 3816 sector peers
Gross operating margin €41k €26k
better than 63% of 3806 sector peers
Total assets €69k €85k
better than 42% of 3812 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2024
Revenue-
EBITDA€40k
Net profit€27k
Cash flow€32k
Staff costs-
Income taxes€7k
Dividends-
Total assets€69k
Equity€30k
Debt€39k
of which ≤ 1y€17k
of which > 1y€21k
Working capital€20k
Employees (FTE)-
Ratios (computed)
2024
Current ratio2.18
Quick ratio2.18
Working capital ratio29.6%
Solvency43.6%
Debt / equity1.29
Long-term debt ratio0.72
Interest coverage33.84
Gross margin-
Net margin-
ROA39.2%
ROE90.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€69k
Fixed assets 21/28€31k
Tangible fixed assets 22/27€31k
Current assets 29/58€37k
Amounts receivable within one year 40/41€16k
Investments 50/53€6k
Cash & bank 54/58€15k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€69k
Equity 10/15€30k
Contributions / capital 10/11€3k
Reserves 13€27k
Amounts payable 17/49€39k
Amounts payable after one year 17€21k
Amounts payable within one year 42/48€17k
Trade debts payable within one year 44€60
Income statement
Gross operating margin 9900€41k
Operating result 9901€35k
Financial charges 65€1k
Result before taxes 9903€34k
Income taxes 67/77€7k
Net result for the period 9904€27k
Result to be appropriated 9905€27k
Ratios computed by Checked.
Legal Structure
NACE primary Construction of buildings(41001)
Legal form Private limited company(610)
Incorporation02-04-2024
StatusActive
Postal code2960
Establishment units 1 location
ELBE Projects
Kapelstraat 23, 2960 BrechtOndersteunende activiteiten in verband met de veeteelt
since 20242.358.637.647
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11333B0347/00C003 Flanders 1,039 m² 1 · 207 m² 4.7 m
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 1 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
25-07-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
Credit advice verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE) Crossroads Bank
Activities
Algemene bouw van residentiële gebouwen41001Algemene bouw van residentiële gebouwen41201Bouwmarkten en andere doe-het-zelfzaken in bouwmaterialen, algemeen assortiment47521Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)47521Activiteiten van hoofdkantoren70100Activiteiten van hoofdkantoren70100Overige vormen van onderwijs85599Overige vormen van onderwijs85599
Primary activity highlighted.
Names & trade names
Legal nameNL ELBE Projects
Registered office
Kapelstraat 23
2960 Brecht, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Aannemingen Janssen BE 0415.911.848 · Geel
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IMMO VAN DER POORTEN BE 0419.112.551 · Zottegem
Boske BE 0412.460.133 · Duffel
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative