ELC-Technics
ActiveThe computed 12-month bankruptcy probability of ELC-Technics is 2.1% (moderate). The 2025 annual accounts show equity of €80k and a net result of €12k. Equity is growing by ~18.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 27711 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▼-4
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
short-term debt: 0.7% and cash: 74.9% of total assets, and 0.7% 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 43
Relative position
BE, all sectors
reference
Sector 43
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
99.3%
Return on assets
14.7%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 23-09-2025, 38 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
38 d early
2024
37 d early
2023
36 d early
2022
34 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close22-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€80k▲ 17.4%
2024 · €68k
2022: €48k
2023: €54k
2024: €68k
2022 → 2025
Total assets
€81k▼ 1.1%
2024 · €82k
2022: €64k
2023: €63k
2024: €82k
2022 → 2025
Net result
€12k▼ 19.2%
2024 · €15k
2022: €28k
2023: €5k
2024: €15k
2022 → 2025
Working capital
€77k▲ 21.2%
2024 · €63k
2022: €43k
2023: €46k
2024: €63k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€48k-€54k▲ 11.3%€68k▲ 27.4%€80k▲ 17.4%
Operating result€36k-€6k▼ 83.5%€19k▲ 217%€15k▼ 19.2%
Net result€28k-€5k▼ 80.6%€15k▲ 170%€12k▼ 19.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 19% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €81k
Fixed assets
€3k▼ 31.4%
Current assets
€77k▲ 0.8%
Equity and liabilities €81k
Equity
€80k▲ 17.4%
Debt
€586▼ 95.6%
The debt ratio falls from 16.4% to 0.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€18k▼
2024 · €21k
Cash flow
€14k▼
2024 · €17k
Solvency
99.3%▲
2024 · 83.6%
Debt / equity
0.01▼
2024 · 0.20
ROE
14.8%▼
2024 · 21.5%
ROA
14.7%▼
2024 · 18.0%
Interest coverage
454.00▼
2024 · 603.24
Debt
€586▼
2024 · €13k
Debt ≤ 1 year
€586▼
2024 · €13k
Income taxes
€4k▼
2024 · €5k
A ratio outside any meaningful range has been withheld (balance sheet total €81k, equity €80k).
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€82k€81k▼
Fixed assets21/28€5k€3k▼
Intangible fixed assets21€344€53▼
Tangible fixed assets22/27€5k€3k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€534€193▼
Current assets29/58€77k€77k▲
Stocks and contracts in progress3€9k€2k▼
Stocks30/36€3k€2k▼
Contracts in progress37€6k-
Amounts receivable within one year40/41€2k€5k▲
Trade receivables40-€2k
Other amounts receivable41€2k€3k▲
Current investments50/53-€10k
Cash at bank and in hand54/58€66k€60k▼
Equity and liabilities
Total equity and liabilities10/49€82k€81k▼
Equity10/15€68k€80k▲
Contributions10/11€20k€20k=
Reserves13€48k€60k▲
Distributable reserves133€48k€60k▲
Amounts payable17/49€13k€586▼
Amounts payable within one year42/48€13k€586▼
Trade debts44€8k€572▼
Suppliers440/4€8k€572▼
Taxes, remuneration and social security45€5k€14▼
Taxes450/3€5k€14▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Other operating charges640/8€495€484▼
Gross operating margin9900€22k€18k▼
Operating profit (loss)9901€19k€15k▼
Financial income75/76B€968€725▼
Recurring financial income75€968€725▼
Financial charges65/66B€35€39▲
Recurring financial charges65€35€39▲
Profit (loss) for the period before taxes9903€20k€16k▼
Income taxes67/77€5k€4k▼
Profit (loss) for the period9904€15k€12k▼
Profit (loss) for the period to be appropriated9905€15k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€15k€12k▼
Transfer to equity691/2€15k€12k▼
To other reserves6921€15k€12k▼
The notes to these accounts (8 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
2025
23-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Liquidity times 23current ratio 131.88
Current ratio from 5.73 to 131.88; short-term debt falls from €13k to €586.
2024
24-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
25-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Weakest financial yearnet €5k ▼80.6%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
2022
27-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Gavere · 1 establishment unit since 2020
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.
Molenstraat 649890 GavereGround area
911 m²
Building footprint
128 m²
Volume, LiDAR
729 m³
Parcel 44020A0488/00L002, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ELC-Technics
since 20202.302.947.274
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44020A0488/00L002 | Flanders | 911 m² | 1 · 128 m² | 9.1 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 450 EUR awarded · 450 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 75 EUR | 75 EUR |
| 2023 | 1 | 90 EUR | 90 EUR |
| 2022 | 1 | 285 EUR | 285 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 8,798 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-06-2020
Fiscal year end31-03
Activities, NACEBEL
43211General electrical installation work
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:info@elc-technics.be
Phone:093844779