ELEAS

Active

Private limited companyfounded 20224 yrs activePastorijstraat 11, 1600 Sint-Pieters-Leeuw, BelgiumKBO/BCE: BE 0785.807.886

ELEAS has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €186k and a net result of €136k. Its solvency ranks better than 68% of 9518 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).

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Checked score

Score 2024

100 / 100

Excellent▲ +90 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100=

Solvency96▲+63

Growth78

Stability94

Bankruptcy probability, 12 months

0.8% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €19k at 30 days acceptable

Liquidity ample (current ratio 1.8 against 0.1 in 2023), and 30.7% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 82

Relative position

BE, all sectors

reference

Sector 82

lower

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

69.3%

Return on assets

50.8%

Age of the figures

20 mo

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

not confirmed

2024

31 d early

2023

23 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€186k

2023 · €-418k

2023: €-418k

2023 → 2024

Total assets

€269k▲ 26.2%

2023 · €213k

2023: €213k

2023 → 2024

Net result

€136k

2023 · €-538k

2023: €-538k

2023 → 2024

Working capital

€66k

2023 · €-483k

2023: €-483k

2023 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20232024Trend

Equity€-418k-€186k

Operating result€-536k-€144k

Net result€-538k-€136k

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 2024: €144k after a loss of €536k in 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €264k

43.9%

56.1%

Fixed assets €116k▼ 26.0%

Current assets €148k▲ 164%

Equity and liabilities €269k

69.3%

30.7%

Equity €186k

Debt €82k

Debt finances 30.7% of the balance-sheet total.

Key figures and ratios

2024 value · change against 2023

EBITDA

€185k▲

2023 · €-487k

Cash flow

€177k▲

2023 · €-488k

Solvency

69.3%▲

2023 · -196.5%

Current ratio

1.80▲

2023 · 0.10

Quick ratio

1.80▲

2023 · 0.10

Debt / equity

0.44▲

2023 · -1.51

ROE

73.2%▼

2023 · 128.7%

ROA

50.8%▲

2023 · -252.9%

Interest coverage

24.49▲

2023 · -246.62

Debt

€82k▼

2023 · €631k

Debt ≤ 1 year

€82k▼

2023 · €540k

Income taxes

€128▼

2023 · €197

Staff costs

€55k▼

2023 · €115k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€213k€269k▲

Formation expenses20-€5k

Fixed assets21/28€157k€116k▼

Intangible fixed assets21€127k€93k▼

Tangible fixed assets22/27€28k€21k▼

Plant, machinery and equipment23€6k€3k▼

Furniture and vehicles24€6k€3k▼

Other tangible fixed assets26€17k€15k▼

Financial fixed assets28€2k€2k=

Current assets29/58€56k€148k▲

Amounts receivable within one year40/41€44k€92k▲

Trade receivables40€35k€91k▲

Other amounts receivable41€8k€211▼

Cash at bank and in hand54/58€4k€49k▲

Deferred charges and accrued income490/1€8k€8k▼

Equity and liabilities

Total equity and liabilities10/49€213k€269k▲

Equity10/15€-418k€186k▲

Contributions10/11€120k€593k▲

Profit (loss) carried forward14€-538k€-407k▲

Amounts payable17/49€631k€82k▼

Amounts payable within one year42/48€540k€82k▼

Trade debts44€127k€12k▼

Suppliers440/4€127k€12k▼

Taxes, remuneration and social security45€7k€26k▲

Taxes450/3€197€19k▲

Remuneration and social security454/9€7k€7k▼

Other amounts payable47/48€406k€45k▼

Accrued charges and deferred income492/3€91k-

Income statement Code20232024

Remuneration, social security and pensions62€115k€55k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50k€41k▼

Other operating charges640/8€1k€827▼

Gross operating margin9900€-370k€241k▲

Operating profit (loss)9901€-536k€144k▲

Financial income75/76B€378€30▼

Recurring financial income75€378€30▼

Financial charges65/66B€2k€8k▲

Recurring financial charges65€2k€8k▲

Profit (loss) for the period before taxes9903€-538k€136k▲

Income taxes67/77€197€128▼

Profit (loss) for the period9904€-538k€136k▲

Profit (loss) for the period to be appropriated9905€-538k€136k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-538k€-402k▲

Profit (loss) brought forward from the previous period14P-€-538k

Profit to be distributed694/7-€5k

Employees696-€5k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 5Financial 3Filings 2

2025

30-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Back to profitnet €136k

Net result €136k after one loss-making year.

31-12

Financial Liquidity times 17current ratio 1.80

Current ratio from 0.10 to 1.80; short-term debt falls from €540k to €82k.

31-12

Financial Equity above €150kEq €186k

Equity rises from €-418k to €186k.

08-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2025

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

31-03-2025 Resigned as Director

Location & real-estate footprint

Registered office, Sint-Pieters-Leeuw · 1 establishment unit since 2022

establishment The establishment unit on the map

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.

Pastorijstraat 111600 Sint-Pieters-Leeuw

Ground area

675 m²

Building footprint

161 m²

Volume, LiDAR