ELBELUX
ActiveELBELUX has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €71k and a net result of €33k. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 67% of 27407 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
96
/ 100
Excellent▲ +66 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency99▲+35
Growth78▲+46
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 2.61 against 1.45 in 2024), and 37.2% 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
62.8%
Return on assets
29.6%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
31 d early
2023
16 d early
2022
16 d late
2021
29 d late
2020
25 d late
2019
122 d late
← 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€71k▲ 88.9%
2024 · €38k
2018: €62k
2019: €62k
2020: €71k
2021: €66k
2022: €97k
2023: €98k
2024: €38k
2018 → 2025
Total assets
€113k▲ 2.7%
2024 · €110k
2018: €118k
2019: €106k
2020: €125k
2021: €111k
2022: €154k
2023: €168k
2024: €110k
2018 → 2025
Net result
€33k
2024 · €-60k
2018: €9k
2019: €204
2020: €9k
2021: €-5k
2022: €32k
2023: €679
2024: €-60k
2018 → 2025
Working capital
€65k▲ 109%
2024 · €31k
2018: €52k
2019: €51k
2020: €65k
2021: €59k
2022: €89k
2023: €92k
2024: €31k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€66k-€97k▲ 47.3%€98k▲ 0.7%€38k▼ 61.5%€71k▲ 88.9%
Operating result€-7k-€48k€3k▼ 94.0%€-59k€30k
Net result€-5k-€32k€679▼ 97.9%€-60k€33k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €30k after a loss of €59k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €113k
Fixed assets
€8k▼ 25.4%
Current assets
€106k▲ 5.5%
Equity and liabilities €113k
Equity
€71k▲ 88.9%
Debt
€42k▼ 42.1%
The debt ratio falls from 65.9% to 37.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€32k▲
2024 · €-56k
Cash flow
€36k▲
2024 · €-58k
Solvency
62.8%▲
2024 · 34.1%
Current ratio
2.61▲
2024 · 1.45
Quick ratio
0.77▲
2024 · 0.57
Debt / equity
0.59▼
2024 · 1.93
ROE
47.1%▲
2024 · -159.7%
ROA
29.6%▲
2024 · -54.5%
Interest coverage
42.92▲
2024 · -44.03
Debt
€42k▼
2024 · €73k
Debt ≤ 1 year
€40k▼
2024 · €69k
Debt > 1 year
€2k▼
2024 · €4k
Income taxes
€144▼
2024 · €166
Staff costs
€79k▼
2024 · €88k
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€110k€113k▲
Fixed assets21/28€10k€8k▼
Tangible fixed assets22/27€10k€8k▼
Plant, machinery and equipment23€324-
Furniture and vehicles24€9k€7k▼
Other tangible fixed assets26€530€397▼
Current assets29/58€100k€106k▲
Stocks and contracts in progress3€60k€74k▲
Stocks30/36€60k€74k▲
Amounts receivable within one year40/41€28k€21k▼
Trade receivables40€28k€18k▼
Other amounts receivable41-€3k
Cash at bank and in hand54/58€7k€6k▼
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€110k€113k▲
Equity10/15€38k€71k▲
Contributions10/11€31k€31k=
Reserves13€67k€67k=
Distributable reserves133€67k€67k=
Profit (loss) carried forward14€-60k€-27k▲
Amounts payable17/49€73k€42k▼
Amounts payable after more than one year17€4k€2k▼
Financial debts170/4€4k€2k▼
Amounts payable within one year42/48€69k€40k▼
Current portion of amounts payable after more than one year42€2k€2k▲
Financial debts43€3k-
Credit institutions430/8€3k-
Trade debts44€18k€12k▼
Suppliers440/4€18k€12k▼
Taxes, remuneration and social security45€18k€9k▼
Taxes450/3€5k€141▼
Remuneration and social security454/9€12k€9k▼
Other amounts payable47/48€28k€17k▼
Income statement
Code20242025
Non-recurring operating income76A-€2k
Remuneration, social security and pensions62€88k€79k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Other operating charges640/8€4k€3k▼
Gross operating margin9900€36k€115k▲
Operating profit (loss)9901€-59k€30k▲
Financial income75/76B€72€5k▲
Recurring financial income75€72€5k▲
Financial charges65/66B€1k€755▼
Recurring financial charges65€1k€755▼
Profit (loss) for the period before taxes9903€-60k€34k▲
Income taxes67/77€166€144▼
Profit (loss) for the period9904€-60k€33k▲
Profit (loss) for the period to be appropriated9905€-60k€33k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-60k€-27k▲
Profit (loss) brought forward from the previous period14P-€-60k
The notes to these accounts (5 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Back to profitnet €33k
Net result €33k after one loss-making year.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-60k ▼8949%
Net result drops to €-60k, the lowest in the series; recovery starts the following year.
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 16 days late
2022
31-12
Financial
Back to profitnet €32k
Net result €32k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
16-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
16-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
08-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Peer · 1 establishment unit since 1994
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.
Sint Trudostraat 63990 PeerGround area
910 m²
Building footprint
184 m²
Volume, LiDAR
885 m³
Parcel 72035B0664/00A002, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ELBELUX
since 19942.065.694.875
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72035B0664/00A002 | Flanders | 910 m² | 1 · 184 m² | 9.2 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.
Recognitions · licences · registrations
Recognised contractor
1 categoryELBELUX BV26477
Similar companies · same sector, comparable size
NETCEL
BE 0763.927.062
Gent · Eq €71k
BPK
BE 0478.232.566
Zottegem · Eq €71k
VAMIELEC
BE 0443.883.579
Koksijde · Eq €71k
LVDL service
BE 1005.868.422
Brakel · Eq €71k
Future Home Energy
BE 0802.825.646
Zaventem · Eq €71k
Of 22,729 companies in sector 43211 we hold annual accounts for 10,274. 8,719 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-11-1993
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.