Equity
€24,891 ▲ 22.5%
Element 26 paid out €13,000 in dividends. That is 74% of the 2025 profit.
Element 26
Lifetime
5 annual accounts with figures on one time axispeak €36,973 (2021)
€30,489▲ 73.9%
peak €25,929 (2021)
€17,571▲ 50.2%
peak €35,290 (2023)
€24,891▲ 22.5%
€22,674▲ 2.9%
Board2 names since 2020
1 director
Documentsfilings and deeds
06-07-202625 days before the deadline
2025micro format
Gross margin from €17,527 to €30,489Result from €11,695 to €17,571Appointment: (director) 03-04Dividend €13,000Equity from €20,319 to €24,891Investments €10,736
Key points
from the 2025 annual accountsTurnover
≈ €180,000 estimated
The micro format states no turnover.
Investments
€10,736 2.0 × depreciation
Green is investment, beige is depreciation.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 26,969 companies had the same profile as Element 26 has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 26,969 companies, not a prediction for Element 26. 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.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0754555971
Appointment: (director)
General meeting of 01-03-2025 · Gazette deed
Incorporation
Founding capital of €2,500, 250 shares · Founder: · Appointment: (director) · published on 21-09-2020 · Gazette deed
First establishment
Etienne Rogiersstraat 19, Lokeren
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Element 26 Lokeren | €47,565 | €30,489 | 52.3% | - |
| PAPAYA CONSTRUCT Ghent | €44,550 | €34,934 | 50.6% | - |
| Tim Van Boxem Interieur Rumst | €44,491 | €29,487 | 33.3% | - |
| J H RENOVATION Affligem | €50,492 | €33,315 | 68.6% | - |
| Jeroen Bloemen Concepts Oudsbergen | €45,480 | €28,230 | 23.6% | - |
| de furniturist Antwerp | €42,847 | €29,169 | 63.8% | - |
| PL & WOOD Tournai | €46,290 | €27,554 | 87.6% | - |
These companies have the same main activity as Element 26: joinery installation (NACE 43320). They are comparable in size and age: total assets between €42,800 and €50,500, founded between 2019 and 2021.
Official details
Source: KBO- Status
- Active since 17-09-2020Normal situation
- Activity
- Joinery installationNACE 43320and 5 others
- Establishment unit
- 2.307.088.7789160 Lokeren, since 17-09-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 05-05-2025
Annual accounts 2025
- €47,565▲ 12.3%
- Filing
- Filed on 06-07-2026, 25 days before the end of the filing period
Insights on Element 26
Element 26 files the micro format. That format states no turnover. The gross margin fell from €36,973 in 2021 to €30,489 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Element 26
- What is the company number of Element 26?
- The company number of Element 26 is 0754.555.971. The VAT number is the same number with BE in front: BE 0754.555.971.
- Where is Element 26 based?
- The registered office is at Etienne Rogiersstraat 19, 9160 Lokeren.Company details
- What does Element 26 do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of Element 26?
- Element 26 is a private limited company (BV).
- When was Element 26 founded?
- Element 26 was founded on 17-09-2020.
- Is Element 26 still active?
- Yes, Element 26 is an active enterprise in the KBO register.
- What is the turnover of Element 26?
- The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €30,489 and 32 comparable companies (NACE 43320). It probably lies between €130,000 and €310,000.Financials
- Is Element 26 profitable?
- In financial year 2025, Element 26 made a profit of €17,571.
- Where can I find the annual accounts of Element 26?
- Element 26 filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Element 26 due?
- Element 26 must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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