ELBEMO
ActiveELBEMO has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €273k and a net result of €54k. Equity is growing by ~3.8% per year across the filed fiscal years. Its solvency ranks better than 81% of 7321 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
100
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+27
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 2.15 against 4.56 in 2024), and 27% 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
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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
73%
Return on assets
14.6%
Age of the figures
8 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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
30 d early
2023
9 d early
2022
31 d early
2021
40 d early
2020
16 d early
2019
37 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€273k▲ 0.9%
2024 · €271k
2018: €198k
2019: €224k
2020: €247k
2021: €227k
2022: €219k
2023: €231k
2024: €271k
2018 → 2025
Total assets
€374k▲ 19.0%
2024 · €314k
2018: €370k
2019: €411k
2020: €384k
2021: €355k
2022: €290k
2023: €271k
2024: €314k
2018 → 2025
Net result
€54k▲ 37.1%
2024 · €40k
2018: €16k
2019: €27k
2020: €22k
2021: €5k
2022: €13k
2023: €12k
2024: €40k
2018 → 2025
Working capital
€113k▼ 12.9%
2024 · €130k
2018: €96k
2019: €114k
2020: €121k
2021: €94k
2022: €88k
2023: €94k
2024: €130k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€227k-€219k▼ 3.3%€231k▲ 5.3%€271k▲ 17.2%€273k▲ 0.9%
Operating result€16k-€23k▲ 40.1%€21k▼ 6.0%€59k▲ 174%€79k▲ 34.8%
Net result€5k-€13k▲ 179%€12k▼ 7.2%€40k▲ 240%€54k▲ 37.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 35% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €374k
Fixed assets
€163k▲ 10.2%
Current assets
€211k▲ 26.8%
Equity and liabilities €374k
Equity
€273k▲ 0.9%
Debt
€101k▲ 130%
The debt ratio rises from 13.9% to 27.0%: debt grows faster than equity.
Key figures and ratios
EBITDA
€95k▲
2024 · €72k
Cash flow
€71k▲
2024 · €54k
Solvency
73.0%▼
2024 · 86.1%
Current ratio
2.15▼
2024 · 4.56
Quick ratio
1.72▼
2024 · 3.85
Debt / equity
0.37▲
2024 · 0.16
ROE
20.0%▲
2024 · 14.7%
ROA
14.6%▲
2024 · 12.6%
Interest coverage
39.24▲
2024 · 29.51
Debt
€101k▲
2024 · €44k
Debt ≤ 1 year
€98k▲
2024 · €36k
Debt > 1 year
€2k▼
2024 · €7k
Income taxes
€22k▲
2024 · €17k
Staff costs
€52k▲
2024 · €45k
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€314k€374k▲
Fixed assets21/28€148k€163k▲
Tangible fixed assets22/27€148k€163k▲
Land and buildings22€124k€137k▲
Plant, machinery and equipment23€356€2k▲
Furniture and vehicles24€24k€24k▲
Financial fixed assets28€178€178=
Current assets29/58€166k€211k▲
Stocks and contracts in progress3€26k€43k▲
Stocks30/36€6k€4k▼
Contracts in progress37€20k€39k▲
Amounts receivable within one year40/41€95k€125k▲
Trade receivables40€84k€119k▲
Other amounts receivable41€11k€6k▼
Cash at bank and in hand54/58€42k€41k▼
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€314k€374k▲
Equity10/15€271k€273k▲
Contributions10/11€83k€31k▼
Reserves13€187k€242k▲
Distributable reserves133€187k€242k▲
Amounts payable17/49€44k€101k▲
Amounts payable after more than one year17€7k€2k▼
Financial debts170/4€7k€2k▼
Amounts payable within one year42/48€36k€98k▲
Current portion of amounts payable after more than one year42€5k€5k▲
Trade debts44€23k€38k▲
Suppliers440/4€23k€38k▲
Taxes, remuneration and social security45€4k€17k▲
Taxes450/3€3k€16k▲
Remuneration and social security454/9€1k€538▼
Other amounts payable47/48€5k€38k▲
Accrued charges and deferred income492/3-€939
Income statement
Code20242025
Remuneration, social security and pensions62€45k€52k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€16k▲
Other operating charges640/8€4k€3k▼
Gross operating margin9900€121k€151k▲
Operating profit (loss)9901€59k€79k▲
Financial income75/76B€582€220▼
Recurring financial income75€582€220▼
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€57k€77k▲
Income taxes67/77€17k€22k▲
Profit (loss) for the period9904€40k€54k▲
Profit (loss) for the period to be appropriated9905€40k€54k▲
Appropriation of the result
Profit (loss) to be appropriated9906€40k€54k▲
Transfer to equity691/2€40k€54k▲
To other reserves6921€40k€54k▲
The notes to these accounts (7 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
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €54k ▲37.1%
Operating result €79k, net result €54k, both a record.
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €5k ▼79.5%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €200kEq €224k ▲13.6%
2 profitable years in a row build equity to €224k.
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
01-07
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
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, Aalter · 1 establishment unit since 1988
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.
Oostmolenstraat 1479880 AalterGround area
9,464 m²
Building footprint
4,938 m²
Volume, LiDAR
48,848 m³
2 parcels, Flanders · tallest building 14.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
NV ELBEMO
since 19882.038.117.379
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44001B0634/00E000 | Flanders | 8,115 m² | 1 · 4,772 m² | 14.6 m · 3 fl. |
| 44001B0561/00E000 | Flanders | 1,349 m² | 1 · 166 m² | 8.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
MATERIAUX DELYS
BE 0405.611.240
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SUBLIGYP
BE 0806.648.931
Halle · Eq €273k
Coolen-Keulers Bouwonderneming
BE 0766.655.039
Riemst · Eq €273k
DEFORCHE FILIEP
BE 0448.799.994
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MAGAIN ET FILS
BE 0457.345.991
Viroinval · Eq €273k
Of 29,535 companies in sector 41001 we hold annual accounts for 15,872. 11,138 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-04-1988
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43990Other specialised construction activities
43999Specialised construction activities
45211
45250
66199Other activities auxiliary to financial services, excluding insurance and pension funding
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
70220Business consulting
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
82100Office administrative and support services
82110Office administrative, office support and other business support activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 36 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.