Equity
€126,565 from €241,905 in 2017
Equity fell by 48% in 8 years.
ELCONSTRUCT
Overview
Lifetime
10 annual accounts with figures on one time axispeak €889,909 (2025)
€889,909▲ 16.2%
peak €711,674 (2025)
€711,674▲ 11.8%
peak €241,905 (2017)
€126,565▼ 9.5%
€1.8m▲ 37.1%
Board2 names since 2014
1 director
Documentsfilings and deeds
31-10-2025on the last day
2025micro format
Gross margin from €766,067 to €889,909Dividend €325,000Debts from €1.3m to €1.8mCash from €1.3m to €1.8m
Key points
from the 2025 annual accountsChecked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0554696676
1 manager resigning
Change of role: , from manager to director · Resignation: (statutory manager) · Permanent representative: · Gazette deed
Incorporation
published on 03-07-2014 · Gazette deed
First establishment
Kapellenstraat 88, Lebbeke
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ELCONSTRUCT Lebbeke | €2.0m | €889,909 | 6.5% | - |
| Verzekeringen Bourdeau Diksmuide | €1.9m | €942,032 | 64.2% | 5.9 |
| BRIGHT INVESTMENTS Hooglede | €1.9m | €953,947 | 81.5% | - |
| LOGIKA Antwerp | €1.6m | €897,102 | 85.0% | - |
| Frederik Vanvoorden Hasselt | €1.6m | €799,129 | 28.7% | - |
| HMS Projects Management Knokke-Heist | €2.3m | €746,794 | 59.2% | - |
| MEEDABEL Aubel | €2.4m | €888,991 | 96.5% | - |
These companies have the same main activity as ELCONSTRUCT: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €1.6m and €2.4m, founded between 2012 and 2016.
Official details
Source: KBO- Status
- Active since 24-06-2014Normal situation
- Activity
- Activities of holding companiesNACE 64210
- Establishment unit
- 2.234.732.7189280 Lebbeke, since 17-06-2014
- Financial year end
- 31 March
- Peppol
- Reachable since 21-10-2026
Annual accounts to 31-03-2025
- €711,674▲ 11.8%
- €126,565▼ 9.5%
- €2.0m▲ 32.6%
- Filing
- Filed on 31-10-2025
Insights on ELCONSTRUCT
ELCONSTRUCT files the micro format. That format states no turnover. The gross margin rose from €214,372 in 2015 to €889,909 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 31-10-2025, on the day of the deadline€126,565
▼ 9.5%
€2.0m
▲ 32.6%
€711,674
▲ 11.8%
6.5%
▼ 3.0 percentage points
562.3%
▲ 107.3 percentage points
36.4%
▼ 6.8 percentage points
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Amounts without an identifiable currency are taken as euros.
Balance sheet
balance sheet total €2.0m on 31-03-2025What the company ownsHow it is paid for
in euro
in €m
Position in the sector
6.5%
Higher than 13% of 10,277 companies in 2025.
36.4%
Higher than 83% of 10,128 companies in 2025.
ELCONSTRUCT
Middle half of the sector
80% of the sector
Micro accounts in financial services (NACE 64)
Net result: top quarter · Equity: middle half · Balance sheet total: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2017 | 2016 | 20159 months |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||
20/58 |
2.0m | 1.5m | 1.2m | 803,263 | 594,750 | 525,616 | 495,381 | 431,261 | 484,240 | 236,027 | |
21/28 |
89,995 | 104,800 | 121,480 | 47,290 | 66,202 | 72,959 | 59,112 | 47,395 | 63,447 | 359 | |
22/27 |
64,995 | 79,800 | 96,480 | 22,290 | 41,202 | 47,959 | 59,112 | 47,395 | 63,447 | 359 | |
22 |
15,903 | 14,565 | 16,636 | 19,727 | 36,185 | 41,185 | 34,373 | - | - | - | |
24 |
49,092 | 65,236 | 79,844 | 2,563 | 5,017 | 6,774 | 24,740 | 47,395 | 63,447 | 359 | |
28 |
25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | - | - | - | - | |
29/58 |
1.9m | 1.4m | 1.1m | 755,973 | 528,548 | 452,657 | 436,269 | 383,867 | 420,793 | 235,667 | |
29 |
25,000 | 25,000 | 25,000 | 25,000 | - | 86,667 | 86,667 | - | - | - | |
291 |
25,000 | 25,000 | 25,000 | 25,000 | - | 86,667 | 86,667 | - | - | - | |
40/41 |
52,514 | 73,512 | 61,987 | 195,430 | 128,305 | 72,434 | 80,783 | 35,639 | 55,996 | 50,410 | |
40 |
52,294 | 28,339 | 61,778 | 10,647 | 23,617 | 29,101 | 36,905 | 4,467 | 21,177 | 34,055 | |
41 |
220 | 45,174 | 209 | 184,783 | 104,688 | 43,333 | 43,878 | 31,172 | 34,819 | 16,355 | |
54/58 |
1.8m | 1.3m | 972,174 | 534,656 | 399,360 | 292,040 | 267,491 | 346,951 | 364,798 | 185,257 | |
490/1 |
- | 4,258 | 595 | 888 | 882 | 1,516 | 1,328 | 1,276 | - | - | |
| Balance sheet: equity and liabilities | |||||||||||
10/49 |
2.0m | 1.5m | 1.2m | 803,263 | 594,750 | 525,616 | 495,381 | 431,261 | 484,240 | 236,027 | |
10/15 |
126,565 | 139,891 | 153,330 | 142,830 | 170,162 | 142,627 | 142,711 | 241,905 | 202,523 | 71,998 | |
10/11 |
20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | |
100 |
- | - | - | - | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | |
13 |
103,853 | 103,853 | 103,853 | 103,853 | 149,853 | 103,853 | 103,853 | 221,500 | 182,000 | 51,800 | |
130/1 |
2,000 | 2,000 | 2,000 | 2,000 | 2,000 | - | - | - | - | - | |
130 |
- | - | - | - | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 1,800 | |
1311 |
- | - | - | 2,000 | - | - | - | - | - | - | |
1319 |
2,000 | 2,000 | 2,000 | - | - | - | - | - | - | - | |
133 |
101,853 | 101,853 | 101,853 | 101,853 | 147,853 | 101,853 | 101,853 | 219,500 | 180,000 | 50,000 | |
14 |
2,712 | 16,038 | 29,477 | 18,977 | 309 | 18,774 | 18,858 | 405 | 523 | 198 | |
17/49 |
1.8m | 1.3m | 1.0m | 660,433 | 424,588 | 382,989 | 352,670 | 189,357 | 281,717 | 164,029 | |
42/48 |
1.8m | 1.3m | 1.0m | 648,244 | 419,343 | 377,886 | 350,232 | 187,201 | 280,645 | 164,029 | |
44 |
2,392 | 6,923 | 5,657 | 1,229 | 17,364 | 87,805 | 124,001 | 13,992 | 1,142 | 139 | |
440/4 |
2,392 | 6,923 | 5,657 | 1,229 | 17,364 | 87,805 | 124,001 | 13,992 | 1,142 | 139 | |
45 |
58,137 | 85,810 | 89,378 | 64,097 | 10,368 | 43,245 | 61,596 | 18,174 | 68,227 | 31,850 | |
450/3 |
58,137 | 85,810 | 89,378 | 64,097 | 10,368 | 43,245 | 61,596 | 18,174 | 68,227 | 31,850 | |
47/48 |
1.7m | 1.2m | 914,397 | 582,918 | 391,612 | 246,836 | 164,636 | 155,034 | 211,277 | 132,040 | |
492/3 |
46,389 | 22,472 | 18,474 | 12,189 | 5,245 | 5,102 | 2,438 | 2,156 | 1,072 | - | |
| Income statement | |||||||||||
76A |
- | - | - | 5,729 | - | - | - | - | - | - | |
9900 |
889,909 | 766,067 | 812,128 | 464,053 | 276,053 | 213,010 | 209,884 | 186,334 | 266,899 | 214,372 | |
630 |
21,228 | 20,556 | 8,315 | 5,546 | 7,347 | 22,966 | 21,785 | 16,052 | 16,267 | 216 | |
635/8 |
60 | - | - | - | - | - | - | - | - | - | |
640/8 |
208 | 132 | 471 | 4,779 | 670 | 211 | 438 | 266 | 813 | 360 | |
66A |
935 | 2,298 | 1,768 | 1,364 | 292 | 551 | 404 | 120 | - | - | |
9901 |
867,479 | 743,081 | 801,575 | 452,365 | 267,744 | 189,282 | 187,257 | 169,896 | 249,819 | 213,796 | |
75/76B |
1,537 | 1,433 | 383 | 525 | 2 | 3 | 3 | 48 | 156 | 69 | |
75 |
1,537 | 1,433 | 383 | 525 | 2 | 3 | 3 | 48 | 156 | 69 | |
65/66B |
46,595 | 22,668 | 18,983 | 8,171 | 5,339 | 3,746 | 1,099 | 2,375 | 1,184 | 0 | |
65 |
46,595 | 22,668 | 18,983 | 8,171 | 5,339 | 3,746 | 1,099 | 2,375 | 1,184 | 0 | |
9903 |
822,421 | 721,847 | 782,974 | 444,719 | 262,406 | 185,539 | 186,161 | 167,569 | 248,791 | 213,865 | |
67/77 |
110,747 | 85,286 | 122,474 | 51,050 | 9,872 | 35,623 | 52,152 | 18,187 | 68,267 | 31,867 | |
9904 |
711,674 | 636,561 | 660,500 | 393,668 | 252,535 | 149,916 | 134,009 | 149,382 | 180,525 | 181,998 | |
9905 |
711,674 | 636,561 | 660,500 | 393,668 | 252,535 | 149,916 | 134,009 | 149,382 | 180,525 | 181,998 | |
| Appropriation of the result | |||||||||||
9906 |
727,712 | 666,038 | 679,477 | 393,977 | 271,309 | 168,774 | 148,270 | 149,905 | 180,723 | 181,998 | |
14P |
16,038 | 29,477 | 18,977 | 309 | - | - | - | - | - | - | |
791/2 |
- | - | - | 46,000 | - | - | - | - | - | - | |
691/2 |
- | - | - | - | 46,000 | - | - | 39,500 | 130,200 | 51,800 | |
6920 |
- | - | - | - | - | - | - | - | 200 | 1,800 | |
6921 |
- | - | - | - | 46,000 | - | - | 39,500 | 130,000 | 50,000 | |
694/7 |
725,000 | 650,000 | 650,000 | 421,000 | 225,000 | 150,000 | 129,412 | 110,000 | 50,000 | 130,000 | |
694 |
325,000 | 250,000 | 350,000 | 171,000 | - | 100,000 | 129,412 | - | - | - | |
695 |
400,000 | 400,000 | 300,000 | 250,000 | 225,000 | 50,000 | - | 110,000 | 50,000 | 130,000 | |
| Document | |||||||||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 31-10-2025.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2025 | micro format | 31-10-2025 | 2025-00558869 | |
| 31-03-2024 | micro format | 30-10-2024 | 2024-00526509 | |
| 31-03-2023 | micro format | 03-11-2023 | 2023-00504422 | |
| 31-03-2022 | micro format | 17-11-2022 | 2022-20522257 | |
| 31-03-2021 | micro format | 03-11-2021 | 2021-76700209 | |
| 31-03-2020 | micro format | 27-11-2020 | 2020-72800015 | |
| 31-03-2019 | micro format | 02-12-2019 | 2019-75500365 | |
| 31-03-2017 | micro format | 23-10-2017 | 2017-68000581 | |
| 31-03-2016 | abbreviated format | 27-10-2016 | 2016-67000021 | |
| 31-03-2015 | abbreviated format | 02-10-2015 | 2015-63800488 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2017 | 2016 | 20159 months |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 6,424 | 3,876 | 82,505 | -13,367 | 590 | 36,813 | 49,482 | 0 | 79,355 | 575 | ||
| 520,608 | 293,088 | 437,519 | 135,295 | 107,320 | 24,550 | - | -17,847 | 179,540 | - | ||
| 6.5% | 9.5% | 13.0% | 17.8% | 28.6% | 27.1% | 28.8% | 56.1% | 41.8% | 30.5% | ||
| 562.3% | 455.0% | 430.8% | 275.6% | 148.4% | 105.1% | 93.9% | 61.8% | 89.1% | 252.8% | ||
| 36.4% | 43.2% | 55.9% | 49.0% | 42.5% | 28.5% | 27.1% | 34.6% | 37.3% | 77.1% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 31-03-2025 | 31-03-2024 | 31-03-2023 | 31-03-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €6,424 | €3,876 | €82,505 | - |
| €21,228 | €20,556 | €8,315 | €5,546 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on ELCONSTRUCT
The operating result for 2025 is 17% higher than in 2024 and the highest since 2015. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total rises from 90.5% to 93.5%. Equity is lower and debt is higher.
Board & ownership
Board
1 director, last change in 2024Director (not named in the articles), permanent representative
appointed by deed of 11-01-2024
term without a fixed end
earlier manager, until 11-01-2024
listed in the 2025 annual accounts, filed on 31-10-2025
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 11-01-2024
Permanent representatives 1
Mandates through the years
2 names, the dashed line is todayDirector (not named in the articles)
Statutory manager
BoardEarliermandate already running before its first mention
Mandates as a list
-
- Director (not named in the articles), from 17-06-2014 to date
- Manager, until 11-01-2024
-
- Statutory manager, from 17-06-2014 to 21-12-2023
Control
Capital
- Contribution
- €20,000
- Source
- 2025 annual accounts
Articles of association
deed of 11-01-2024 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Algemene vergadering bepaalt aantal,duur van opdracht en,indien meerdere bestuurders,hun bevoegdheid, één of meer bestuurders,natuurlijke…”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Saturday of September at 14:00
Network & group
No group
ELCONSTRUCT has no parent and no holdings in its annual accounts. is the only director.
At the same address
Kapellenstraat 88, 9280 Lebbeke · 1 other company| ELVANO IMMO
registered office since 12-12-2011 · founded in 2011 |
total assets €1.3m (2025) 0841.882.202 |
Board mandates elsewhere
2 board mandatesBoard mandates of ELCONSTRUCTELCONSTRUCT sits on their board2
Director
Founded in 1968 · 71 FTE (2025)
Director
Founded in 2018 · total assets €673,273 (2025)
Connections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
via · Managing director · deed of 02-10-2023
Founded in 1941 · 226 FTE (2025)
Timeline
Timeline
16 events since 2014Board
Capital
Filings
Financial
Establishments
2014201620182020202220242026
2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:0554696676
2025
Annual accounts 2025 filed PDFmicro format · on the deadline day
Highest result from 2015 to 2025 net €711,674 ▲11.8% The operating result of €867,479 and the net result of €711,674 are both a record.
2024
Annual accounts 2024 filed PDFmicro format · 1 day before the deadline
1 manager resigningChange of role: , from manager to director · Resignation: (statutory manager) · Permanent representative: 9 points ▸
- Director resignation, (statutory manager)
- 100 shares
- Power of attorney,
- Power of attorney,
- Director resignation, (manager)
- Director appointment, (director (not named in the articles))
- Permanent representative,
- Director discharge,
- Registered office clause, Kapellenstraat 88/A, 9280 Lebbeke
- The deed holds 8 more points.
2023
Annual accounts 2023 filed PDFmicro format · 3 days late
2022
Annual accounts 2022 filed PDFmicro format · 17 days late
2021
Annual accounts 2021 filed PDFmicro format · 3 days late
2020
Annual accounts 2020 filed PDFmicro format · 27 days late
2019
Annual accounts 2019 filed PDFmicro format · 32 days late
2017
Annual accounts 2017 filed PDFmicro format · 8 days before the deadline
2016
Annual accounts 2016 filed PDFabbreviated format · 4 days before the deadline
Equity above €200,000 equity €202,523 ▲181% With a profit in every financial year since 2015, equity grows to €202,523.
2015
Annual accounts 2015 filed PDFabbreviated format · 29 days before the deadline
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0554.696.676
- VAT number
- BE 0554.696.676
- Peppol ID
- 0208:0554696676
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 24-06-2014
- Financial year
- ends on 31 March
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Saturday of September at 14:00deed of 11-01-2024 (in Dutch)
- Peppol
- Reachable since 21-10-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- ELCONSTRUCT in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 11-01-2024 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 11-01-2024 (in Dutch)
Activities
NACEBEL 202564210
Activities of holding companies main activity
Codes under NACEBEL 2008
64200
Holdings main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het verlenen van advies,know-how,bijstand en diensten in de meest uitgebreide zin van het woord,aan ondernemingen en instellingen…”deed of 11-01-2024 (in Dutch)
7 activities
- Het verlenen van advies,know-how,bijstand en diensten in de meest uitgebreide zin van het woord,aan ondernemingen en instellingen (privé,publiek of gemengd) van alle aard,onder andere op het vlak van bedrijfsmanagement,bedrijfsorganisatie- en strategie,op het vlak van onderzoek en ontwikkeling,aankoopbeleid,productie,logistiek,marketing,administratie,informatica,personeel,kwaliteitscontrole,alsook de daaraan verbonden diensten,producten en daden van koophandel;
- Het verlenen van adviezen van technische,commerciële,juridische,financiële of administratieve aard,met uitzondering van activiteiten die wettelijk voorbehouden zijn aan beleggingsondernemingen en vennootschappen voor beleggingsadvies;
- Het ontwikkelen,begeleiden en commercialiseren van alle mogelijke bouw-,infrastructuur- en investeringsprojecten voor ondernemingen en instellingen (privé,publiek of gemengd);
- Het ontwikkelen,uitvoeren,begeleiden en commercialiseren van consulting-,studie- en trainingsopdrachten,seminaries en opleidingen,beurzen,symposia en congressen in de meest brede betekenis,alsook de daaraan verbonden diensten,producten en daden van koophandel;
- Het redigeren en uitgeven van publicaties en het verstrekken van alle diensten aan uitgevers in verband met alle hierboven vermelde onderwerpen,op alle vormen van informatiedragers en via alle media;
- Het ontwikkelen,produceren,commercialiseren en beschermen en in licentie geven van producten,technologiën en procédés;
- Het handelen als tussenpersoon inzake onroerende goederen en roerende goederen en diensten.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Kapellenstraat 88 registered office 9280 Lebbeke 7020001 Business and other management consultancy | 17-06-2014 | 2.234.732.718 |
Buildings and parcels at the address
- Ground area
- 431 m²
- Buildings
- 172 m²
- Volume, LiDAR
- 832 m³
- Tallest building
- 10.5 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 42005A0805/00B002 | 431 m² | 1 · 172 m² | 10.5 m · 1 |