Eldero

Active

Private limited companyfounded 2008active for 17 yearsEyndovensteenweg 109, 2960 Brecht, BelgiumKBO/BCE: BE 0807.588.643

Summary

Eldero has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €24,653 and a net result of €2,685. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 95% of 34,954 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisFollow Report Compare

ElderoActiveChecked score 93/100

Risk analysis Report Compare

Overview

Official details

Source: KBO

Status: Active since 05-11-2008 Normal situation
Activity: General electrical installation work NACE 43211and 5 others
Establishment unit: 2.176.807.583 2960 Brecht, since 17-03-2009
Financial year end: 31 December
Peppol: Reachable since 30-01-2025

Company details

Board and ownership

Board

DE ROOVER Danny Johan AugustDirector

Board & ownership

Financial position

93 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.2%

Annual accounts 2025

Gross margin: €5,956; ▲ 121%
Turnover: ≈ €49,000; estimated
Profit: €2,685; ▲ 113%
Equity: €24,653; ▲ 310%
Total assets: €24,653; ▲ 310%

Financials

Score breakdownraises risk2 of the last 3 accounts latelowers riskLiquidity: cash €13,821Founded in 2008Equity €24,653 (100.0% of total assets)Show the evidence

Checked score

Score 2025

93 / 100

Excellent

Probability in this band: under 0.55%

Financially stronger than 79% of micro companies in specialised construction (NACE 43)

Every signal that counts is listed under Signals.

Financial strength · tick: 2024

Strong

Solvency 100=

equity 100.0% of total assets

Liquidity 100=

cash 56.1%

Profitability 65-25

return on assets 10.9%

Bankruptcy probability within 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)

Last 24 months 12-2024: 10.4%highest value 01-2025: 10.4%● unchanged vs 12-2024highest value 02-2025: 0.3%▼ -10.1 percentage points vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.4%▲ +0.1 percentage points vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.6%▲ +0.2 percentage points vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.9%▲ +0.3 percentage points vs 11-2025 01-2026: 2.1%▲ +1.2 percentage points vs 12-2025 02-2026: 0.2%▼ -1.9 percentage points vs 01-2026lowest value 03-2026: 0.2%● unchanged vs 02-2026lowest value 04-2026: 0.2%● unchanged vs 03-2026lowest value 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026

Credit of up to €2,000 on 30-day terms is acceptable

Cash is 56.1% of total assets. 0% of the assets are financed with debt and provisions.

Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 90% of them on solvency, 98% on liquidity, 31% on profitability and 97% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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

Five signals.

lowers riskraises riskneutral

2 of the last 3 accounts late

NBB · filings

Liquidity: cash €13,821

NBB · annual accounts

Founded in 2008

Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.

KBO

Equity €24,653 (100.0% of total assets)

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-01-2026, 188 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

188 days early

2024

177 days late

2023

159 days late

2022

525 days late

2021

599 days late

2020

846 days late

2019

11 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 301 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 January (4 of the last 5 accounts filed within 365 days either side of that date).

Companies Code · seven months

Where today falls in the filing period

04-11-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

That holds for every publication since 2021.

KBO publications

Financials

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 24-01-2026 PDF all 17 filings

Turnover

≈ €49,000

Estimated: probably between €32,000 and €100,000

Total assets

€24,653▲ 310%

2024 · €6,014

Net result

€2,685▲ 113%

2024 · €1,261

Working capital

€27,615▼ 47.4%

2022 · €52,459

Multi-year overview

2018 to 2025, 8 financial years

Operating result

€3,580

▲ 113% 2025

20182025

Net result

€2,685

▲ 113% 2025

middle half of the sector

20182025

Equity

€24,653

▲ 310% 2025

middle half of the sector

20182025

Total assets

€24,653

▲ 310% 2025

lowest quarter of the sector

20182025

Debt

no figure

2025

20182025

Working capital

no figure

2025

20182025

Solvency

100.0%

= 2025

highest quarter of the sector

20182025

Current ratio

no figure

2025

20182025

Return on assets (ROA)

10.9%

▼ 10.1pp 2025

middle half of the sector

20182025

Every figure per financial year

Every figure with its change against the financial year before

favourable unfavourable

Line20182019202020212022202320242025

Operating result-€528-€0€314▲ 1,963×€8,459▲ 27×€13,603▲ 60.8%€13,704▲ 0.7%€1,681▼ 87.7%€3,580▲ 113%

Net result€35-€203▲ 484%€314▲ 54.6%€8,459▲ 27×€9,973▲ 17.9%€10,278▲ 3.1%€1,261▼ 87.7%€2,685▲ 113%

Equity€20,861-€14,563▼ 30.2%€48,144▲ 231%€42,058▼ 12.6%€52,459▲ 24.7%€54,988▲ 4.8%€6,014▼ 89.1%€24,653▲ 310%

Total assets€23,038-€14,563▼ 36.8%€76,717▲ 427%€55,798▼ 27.3%€55,281▼ 0.9%€67,064▲ 21.3%€6,014▼ 91.0%€24,653▲ 310%

Debt€2,176-€28,573€13,740▼ 51.9%€2,822▼ 79.5%€12,076▲ 328%

Working capital€17,749-€47,070€42,058▼ 10.6%€52,459▲ 24.7%€27,615▼ 47.4%

Solvency90.6%-100.0%▲ 9.4pp62.8%▼ 37.2pp75.4%▲ 12.6pp94.9%▲ 19.5pp82.0%▼ 12.9pp100.0%▲ 18.0pp100.0%=

Current ratio9.16-2.654.06▲ 1.4119.59▲ 15.533.29▼ 16.30

Return on assets (ROA)0.2%-1.4%▲ 1.2pp0.4%▼ 1.0pp15.2%▲ 14.8pp18.0%▲ 2.9pp15.3%▼ 2.7pp21.0%▲ 5.6pp10.9%▼ 10.1pp

above within below The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is 113% higher than in 2024. It is a recovery after the fall in 2024.

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Key figures and ratios

2025 value · change against 2024

ROE

10.9%▼

2024 · 21.0%

Income taxes

€895▲

2024 · €420

Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Last 5 years All years

Filed annual accounts As filed with the NBB · 2025 against 2024 · 23 lines

Balance sheet Code20242025

Assets

Total assets20/58€6,014€24,653▲

Current assets29/58€6,014€24,653▲

Stocks and contracts in progress3-€7,186

Stocks30/36-€7,186

Amounts receivable within one year40/41-€3,646

Trade receivables40-€3,646

Cash at bank and in hand54/58€6,014€13,821▲

Equity and liabilities

Total equity and liabilities10/49€6,014€24,653▲

Equity10/15€6,014€24,653▲

Reserves13€6,014€24,653▲

Non-distributable reserves130/1€1,860€1,860=

Reserves not available under the articles1311€1,860€1,860=

Distributable reserves133€4,154€22,793▲

Income statement Code20242025

Other operating charges640/8€1,017€2,376▲

Gross operating margin9900€2,698€5,956▲

Operating profit (loss)9901€1,681€3,580▲

Profit (loss) for the period before taxes9903€1,681€3,580▲

Income taxes67/77€420€895▲

Profit (loss) for the period9904€1,261€2,685▲

Profit (loss) for the period to be appropriated9905€1,261€2,685▲

Appropriation of the result

Profit (loss) to be appropriated9906€1,261€2,685▲

Transfer to equity691/2€1,261€2,685▲

To other reserves6921€1,261€2,685▲

Source: Annual accounts 2025 (PDF), filed on 24-01-2026.

Line	2018	2019	2020	2021	2022	2023	2024	2025	Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€4,306	€3,467	€1,074	-	-	-	-	-	-
Other operating charges640/8	-	-	€2,947	€856	€1,419	€2,928	€1,017	€2,376	▲ 134%
Gross operating margin9900	€8,549	€7,968	€4,335	€9,315	€15,022	€16,632	€2,698	€5,956	▲ 121%
Operating profit (loss)9901	-€528	€0	€314	€8,459	€13,603	€13,704	€1,681	€3,580	▲ 113%
Recurring financial income75	€568	€203	-	-	-	-	-	-	-
Recurring financial charges65	€5	-	-	-	-	-	-	-	-
Profit (loss) for the period before taxes9903	€35	€203	€314	€8,459	€13,603	€13,704	€1,681	€3,580	▲ 113%
Income taxes67/77	-	-	-	-	€3,630	€3,426	€420	€895	▲ 113%
Profit (loss) for the period9904	€35	€203	€314	€8,459	€9,973	€10,278	€1,261	€2,685	▲ 113%
Profit (loss) for the period to be appropriated9905	€35	€203	€314	€8,459	€9,973	€10,278	€1,261	€2,685	▲ 113%

Line	2018	2019	2020	2021	2022	2023	2024	2025	Change
Assets
Total assets20/58	€23,038	€14,563	€76,717	€55,798	€55,281	€67,064	€6,014	€24,653	▲ 310%
Fixed assets21/28	€3,113	-	€1,074	-	-	€27,373	-	-	-
Tangible fixed assets22/27	€3,113	-	€1,074	-	-	€27,373	-	-	-
Plant, machinery and equipment23	-	-	-	-	-	€27,373	-	-	-
Furniture and vehicles24	-	-	€1,074	-	-	-	-	-	-
Current assets29/58	€19,925	€14,563	€75,643	€55,798	€55,281	€39,691	€6,014	€24,653	▲ 310%
Stocks and contracts in progress3	-	-	€1,358	€11,910	-	-	-	€7,186	-
Stocks30/36	-	-	€1,358	€11,910	-	-	-	€7,186	-
Amounts receivable within one year40/41	€18,179	€7,870	€66,275	€43,446	-	-	-	€3,646	-
Trade receivables40	-	-	-	€2,263	-	-	-	€3,646	-
Other amounts receivable41	-	-	€66,275	€41,183	-	-	-	-	-
Cash at bank and in hand54/58	€1,746	€6,693	€8,010	€442	€55,281	€39,691	€6,014	€13,821	▲ 130%
Equity and liabilities
Total equity and liabilities10/49	€23,038	€14,563	€76,717	€55,798	€55,281	€67,064	€6,014	€24,653	▲ 310%
Equity10/15	€20,861	€14,563	€48,144	€42,058	€52,459	€54,988	€6,014	€24,653	▲ 310%
Contributions10/11	€12,500	€12,500	€12,500	€6,100	-	-	-	-	-
Capital10	-	-	€12,500	-	-	-	-	-	-
Issued capital100	-	-	€18,600	-	-	-	-	-	-
Uncalled capital101	-	-	€6,100	-	-	-	-	-	-
Reserves13	€8,327	€1,860	€35,644	€35,958	€52,459	€54,988	€6,014	€24,653	▲ 310%
Non-distributable reserves130/1	-	-	€1,860	€1,860	€1,860	€1,860	€1,860	€1,860	=
Legal reserve130	-	-	€1,860	-	-	-	-	-	-
Reserves not available under the articles1311	-	-	-	€1,860	€1,860	€1,860	€1,860	€1,860	=
Distributable reserves133	-	-	€33,784	€34,098	€50,599	€53,128	€4,154	€22,793	▲ 449%
Profit (loss) carried forward14	€35	€203	-	-	-	-	-	-	-
Amounts payable17/49	€2,176	-	€28,573	€13,740	€2,822	€12,076	-	-	-
Amounts payable within one year42/48	€2,176	-	€28,573	€13,740	€2,822	€12,076	-	-	-
Current portion of amounts payable after more than one year42	-	-	-	-	€2,822	€12,076	-	-	-
Trade debts44	€2,176	-	€3,251	€1,990	-	-	-	-	-
Suppliers440/4	-	-	€3,251	€1,990	-	-	-	-	-
Taxes, remuneration and social security45	-	-	€25,322	€11,750	-	-	-	-	-
Taxes450/3	-	-	€25,322	€11,750	-	-	-	-	-

Line	2018	2019	2020	2021	2022	2023	2024	2025	Change
Profit (loss) for the period9904	€35	€203	€314	€8,459	€9,973	€10,278	€1,261	€2,685	▲ 113%
+ Depreciation and write-downs630	€4,306	€3,467	€1,074	-	-	-	-	-	-
Operating cash flow (approximation)	€4,341	€3,670	€1,388	€8,459	€9,973	€10,278	€1,261	€2,685	▲ 113%
Change in cash	-	€4,947	€1,317	-€7,568	€54,839	-€15,590	-€33,677	€7,807	-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 34,693 companies had the same profile as Eldero has now. Two years later, 95.3% were still going and 0.7% had gone bankrupt.

Micro
10 to 20 years old
solvency 30% or more
a profit of 5% of the balance sheet or more

95.3% was still going

3.9% stopped otherwise

0.7% went bankrupt

That fits the bankruptcy probability of Eldero itself: 0.2% within 12 months.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group	Expected	Actual
1	0.2%	0.2%
2	0.3%	0.5%
3	0.5%	0.6%
4	0.7%	0.8%
5	0.9%	0.9%
6	1.3%	1.5%
7	1.6%	1.8%
8	1.8%	1.8%
9	3.0%	3.1%
10	5.6%	6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 34,693 companies, not a prediction for Eldero. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Latest 10 of 17 filings with the National Bank

Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	24-01-2026	2026-00012870	PDF
31-12-2024	micro format	24-01-2026	2026-00012871	PDF
31-12-2023	micro format	06-01-2025	2025-00630485	PDF
31-12-2022	micro format	06-01-2025	2025-00630480	PDF
31-12-2021	micro format	21-03-2024	2024-00047057	PDF
31-12-2020	micro format	24-11-2023	2023-00515553	PDF
31-12-2019	micro format	20-07-2020	2020-30900056	PDF
31-12-2018	micro format	26-12-2019	2019-77600209	PDF
31-12-2017	micro format	26-12-2019	2019-77600208	PDF
31-12-2016	abbreviated format	07-09-2017	2017-60000522	PDF

Show all 17 filings

Board & ownership

Directors

1 director, last change in 2026

DE ROOVER Danny Johan August

Director (not named in the articles) · appointed in the act of 30-11-2023 · earlier manager (not named in the articles), until 30-11-2023

Current

Office holders in the KBO →

Owners and capital

Capital transactions

Capital over time

30-11-2023 Converted to unavailable equity

Mandate history

2 people, 1 in office

All 2 In office 1 Ended 1

Board
began earlier

Mandates per person, with start and end dates
Name	Functions and periods
DE ROOVER Danny Johan August	Manager (not named in the articles), until 30-11-2023 Director (not named in the articles), appointed in the act of 30-11-2023, still in office
KARENINA Alena	Manager (not named in the articles), until 30-11-2023 Director (not named in the articles), appointed in the act of 30-11-2023, until 01-01-2026

See the board, name and registered office on a given date →

Network & group

Eldero shares no director with another company.

Connections & network

1 current director

Depth

The network starts from the directors of Eldero. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet

Timeline

Acts, filings and financial milestones

All 15Financial 2Gazette 3Filings 10

Deadline for the 2026 accounts: 31-07-2027

2026

09-03

Gazette deed Resignation: Karenina Alena (director)

Director discharge3 points ▸

General meeting, 29-12-2025
Director resignation, Karenina Alena (director (not named in the articles))
Director discharge, Karenina Alena

Open the act in the Belgian Official Gazette

24-01

NBB filing Annual accounts 2025 filedPDF

micro format · 188 days before the deadline

24-01

NBB filing Annual accounts 2024 filedPDF

micro format · 177 days late

2025

06-01

NBB filing Annual accounts 2023 filedPDF

micro format · 159 days late

06-01

NBB filing Annual accounts 2022 filedPDF

micro format · 525 days late

2024

21-03

NBB filing Annual accounts 2021 filedPDF

micro format · 599 days late

2023

31-12

Financial Highest result from 2018 to 2025net €10,278 ▲3.1%

The operating result of €13,704 and the net result of €10,278 are both a record.

30-11

Gazette deed Changes of role: DE ROOVER Danny Johan August (director) and KARENINA Alena (director)

Amendment of the articles · Capital conversion · Reserve release10 points ▸

General meeting, 27-11-2023, “buitengewone algemene vergadering” (deed in Dutch)
Amendment of the articles, mentioned 2 times in the deed
Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
Reserve release, “opheffen en middelen beschikbaar maken voor uitkering, statutair onbeschikbare eigen vermogensrekening aangelegd bij toepassing van artikel 39, §2, tweede lid w…” (deed in Dutch)
Director resignation, DE ROOVER Danny Johan August (manager (not named in the articles))
Director appointment, DE ROOVER Danny Johan August (director (not named in the articles))
Director resignation, KARENINA Alena (manager (not named in the articles))
Director appointment, KARENINA Alena (director (not named in the articles))
Director discharge, DE ROOVER Danny Johan August
Director discharge, KARENINA Alena

Open the act in the Belgian Official Gazette

24-11

NBB filing Annual accounts 2020 filedPDF

micro format · 846 days late

2022

31-12

Financial Liquidity more than quadruplescurrent ratio 19.59

The current ratio rises from 4.06 to 19.59. Short-term debt falls from €13,740 to €2,822.

2020

20-07

NBB filing Annual accounts 2019 filedPDF

micro format · 11 days before the deadline

2019

26-12

NBB filing Annual accounts 2018 filedPDF

micro format · 148 days late

Show earlier events

26-12

NBB filing Annual accounts 2017 filedPDF

micro format · 513 days late

2017

07-09

NBB filing Annual accounts 2016 filedPDF

abbreviated format · 38 days late

2008

07-11

Gazette deed IncorporationPDF

Show all 17 filings

Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official Gazette Filings with the National Bank

History

Eldero was incorporated on 5 November 2008.¹ Total assets went from €23,038 in 2018 to €24,653 in 2025.²

Company details

Register details

Identity

KBO record

Name Eldero in Dutch

Enterprise number 0807.588.643

Legal form Private limited company

Status Active, normale toestand

Founded 05-11-2008

Entity type Legal entity

Registered office and establishments

Registered office Eyndovensteenweg 109, 2960 Brecht, Belgium

Establishment unit AUTO-LAADPAAL.BE, Eyndovensteenweg 109, 2960 Brecht since 17-03-2009 · unit number 2.176.807.583

Activities

NACEBEL 2025

43211 General electrical installation work main activity

43320 Joinery installation

43350 Other building finishing work

46643 Wholesale of electrical equipment, including installation materials

71111 Activities of building architects

80090 Investigation and security activities

Codes under NACEBEL 2008

43211 Specialised construction activities main activity

43320 Joinery installation

43390 Specialised construction activities

46693 Wholesale trade

71111 Architectural and engineering activities; technical testing and analysis

80200 Investigation and security activities

Invoicing and payment

VAT number BE 0807.588.643

E-invoicing via Peppol

Reachable via Peppol

Peppol ID 0208:0807588643

Other Peppol ID 9925:BE0807588643

Registered 30-01-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0807.588.643

Financial year and general meeting

Accounts at the NBB

Financial year end 31-12

Sites & property

Location

registered office establishment The establishment unit on the map

Buildings and parcels at the address

Ground area

679 m²

Building footprint

187 m²

Building volume

740 m³

Cadastral parcel	Region	Area	Buildings	Height / floors
11333N0703/00S000	Flanders	679 m²	1 · 187 m²	6.0 m · 1