Element Architecten
ActiveSummary
Element Architecten has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2,271 and a net result of €173. Equity is shrinking by ~37.8% per year across the filed fiscal years. Its solvency ranks better than 10% of 9537 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability51▲+2
Solvency25=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
0.4%
Return on assets
0%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 9537 sector peers (2025).
NBB · sector comparisonPosition among 9537 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-02-2026, 169 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
169 d early
2024
174 d early
2023
139 d early
2022
4 d early
2021
34 d early
2020
145 d early
2019
123 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 113 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€2,271▲ 8.2%
2024 · €2,098
Total assets
€533,860▲ 1.1%
2024 · €527,840
Net result
€173▲ 76.5%
2024 · €98
Working capital
-€159,399▼ 46.8%
2024 · -€108,607
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€6,605▲ 6.2%€11,225▲ 69.9%€8,746▼ 22.1%€7,986▼ 8.7%€7,224▼ 9.5%
Net result€1,067below the sector's middle half▲ 114%€3,241within the sector's middle half▲ 204%€38below the sector's middle half▼ 98.8%€98below the sector's middle half▲ 157%€173below the sector's middle half▲ 76.5%
Equity€22,026below the sector's middle half▼ 62.0%€25,268below the sector's middle half▲ 14.7%€18,600below the sector's middle half▼ 26.4%€2,098below the sector's middle half▼ 88.7%€2,271below the sector's middle half▲ 8.2%
Total assets€520,845within the sector's middle half▼ 23.5%€545,928within the sector's middle half▲ 4.8%€501,908within the sector's middle half▼ 8.1%€527,840above the sector's middle half▲ 5.2%€533,860above the sector's middle half▲ 1.1%
Debt€498,818▼ 19.9%€520,660▲ 4.4%€483,308▼ 7.2%€525,742▲ 8.8%€531,590▲ 1.1%
Working capital-€86,743▼ 116%€6,548-€46,447-€108,607▼ 134%-€159,399▼ 46.8%
Solvency4.2%below the sector's middle half▼ 4.3pp4.6%below the sector's middle half▲ 0.4pp3.7%below the sector's middle half▼ 0.9pp0.4%below the sector's middle half▼ 3.3pp0.4%below the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 10% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €533,860
Fixed assets
€364,342 ▼ 1.6%
Current assets
€169,518 ▲ 7.5%
Equity and liabilities €533,860
Equity
€2,271 ▲ 8.2%
Debt
€531,590 ▲ 1.1%
Debt's share of the balance-sheet total stays at 99.6%.
Key figures and ratios
EBITDA
€22,278▼
2024 · €23,468
Cash flow
€15,227▼
2024 · €15,580
Current ratio
0.52▼
2024 · 0.59
ROE
7.6%▲
2024 · 4.7%
ROA
0.0%▲
2024 · 0.0%
Interest coverage
3.89▲
2024 · 3.59
Debt ≤ 1 year
€328,917▲
2024 · €266,286
Debt > 1 year
€202,439▼
2024 · €259,176
Income taxes
€1,330▼
2024 · €1,357
A ratio outside any meaningful range has been withheld (balance sheet total €533,860, equity €2,271).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,445 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 96% are still going.
- Small
- 10 to 20 years old
- solvency under 10%
- a profit under 5% of the balance sheet
1.9%
went bankrupt
2.0%
stopped otherwise
96%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,445 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €33,718 | €16,872 | €16,820 | €15,482 | €15,054 | ▼ 2.8% |
| Other operating charges640/8 | €2,325 | €1,697 | €2,053 | €2,738 | €2,267 | ▼ 17.2% |
| Gross operating margin9900 | €42,648 | €29,794 | €27,620 | €26,206 | €24,545 | ▼ 6.3% |
| Operating profit (loss)9901 | €6,605 | €11,225 | €8,746 | €7,986 | €7,224 | ▼ 9.5% |
| Financial income75/76B | €70 | €0 | €0 | €0 | €0 | ▼ 63.6% |
| Recurring financial income75 | €70 | €0 | €0 | €0 | €0 | ▼ 63.6% |
| Financial charges65/66B | €5,303 | €6,712 | €7,661 | €6,531 | €5,722 | ▼ 12.4% |
| Recurring financial charges65 | €5,303 | €6,712 | €7,661 | €6,531 | €5,722 | ▼ 12.4% |
| Profit (loss) for the period before taxes9903 | €1,372 | €4,513 | €1,085 | €1,455 | €1,503 | ▲ 3.3% |
| Income taxes67/77 | €305 | €1,272 | €1,047 | €1,357 | €1,330 | ▼ 2.0% |
| Profit (loss) for the period9904 | €1,067 | €3,241 | €38 | €98 | €173 | ▲ 76.5% |
| Profit (loss) for the period to be appropriated9905 | €1,067 | €3,241 | €38 | €98 | €173 | ▲ 76.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €520,845 | €545,928 | €501,908 | €527,840 | €533,860 | ▲ 1.1% |
| Fixed assets21/28 | €408,714 | €399,591 | €385,733 | €370,161 | €364,342 | ▼ 1.6% |
| Tangible fixed assets22/27 | €408,314 | €399,191 | €385,333 | €369,851 | €364,032 | ▼ 1.6% |
| Land and buildings22 | €398,398 | €387,297 | €376,196 | €365,095 | €353,994 | ▼ 3.0% |
| Plant, machinery and equipment23 | €4,204 | €5,559 | €3,252 | €967 | €3,813 | ▲ 294% |
| Furniture and vehicles24 | €5,712 | €6,334 | €4,563 | €2,792 | €5,552 | ▲ 98.9% |
| Other tangible fixed assets26 | €0 | - | €1,322 | €997 | €672 | ▼ 32.6% |
| Financial fixed assets28 | €400 | €400 | €400 | €310 | €310 | = |
| Current assets29/58 | €112,131 | €146,337 | €116,174 | €157,679 | €169,518 | ▲ 7.5% |
| Amounts receivable within one year40/41 | €16,064 | €99,491 | €55,574 | €152,712 | €150,960 | ▼ 1.1% |
| Trade receivables40 | €1,820 | €81,337 | €53,584 | €151,157 | €148,897 | ▼ 1.5% |
| Other amounts receivable41 | €14,245 | €18,155 | €1,990 | €1,555 | €2,063 | ▲ 32.7% |
| Cash at bank and in hand54/58 | €96,066 | €39,464 | €58,341 | €4,614 | €18,558 | ▲ 302% |
| Deferred charges and accrued income490/1 | - | €7,382 | €2,260 | €353 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €520,845 | €545,928 | €501,908 | €527,840 | €533,860 | ▲ 1.1% |
| Equity10/15 | €22,026 | €25,268 | €18,600 | €2,098 | €2,271 | ▲ 8.2% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €2,000 | €2,000 | = |
| Reserves13 | €1,860 | €1,860 | €0 | - | - | - |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €0 | - | - | - |
| Distributable reserves133 | €0 | - | - | - | - | - |
| Profit (loss) carried forward14 | €1,566 | €4,808 | €0 | €98 | €271 | ▲ 177% |
| Amounts payable17/49 | €498,818 | €520,660 | €483,308 | €525,742 | €531,590 | ▲ 1.1% |
| Amounts payable after more than one year17 | €299,529 | €380,500 | €320,361 | €259,176 | €202,439 | ▼ 21.9% |
| Financial debts170/4 | €299,529 | €380,500 | €320,361 | €259,176 | €202,439 | ▼ 21.9% |
| Amounts payable within one year42/48 | €198,874 | €139,789 | €162,621 | €266,286 | €328,917 | ▲ 23.5% |
| Current portion of amounts payable after more than one year42 | €41,564 | €62,332 | €63,404 | €64,495 | €60,094 | ▼ 6.8% |
| Financial debts43 | €118 | €313 | €736 | €24 | €0 | ▼ 100% |
| Credit institutions430/8 | €118 | €313 | €736 | €24 | €0 | ▼ 100% |
| Trade debts44 | €117,050 | €71,938 | €88,359 | €168,601 | €264,193 | ▲ 56.7% |
| Suppliers440/4 | €117,050 | €71,938 | €88,359 | €168,601 | €264,193 | ▲ 56.7% |
| Taxes, remuneration and social security45 | €305 | €1,272 | €1,791 | €13,004 | €4,563 | ▼ 64.9% |
| Taxes450/3 | €305 | €1,272 | €1,791 | €13,004 | €4,563 | ▼ 64.9% |
| Other amounts payable47/48 | €39,837 | €3,935 | €8,332 | €20,162 | €68 | ▼ 99.7% |
| Accrued charges and deferred income492/3 | €416 | €371 | €326 | €280 | €234 | ▼ 16.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,067 | €3,241 | €38 | €98 | €173 | ▲ 76.5% |
| + Depreciation and write-downs630 | €33,718 | €16,872 | €16,820 | €15,482 | €15,054 | ▼ 2.8% |
| Operating cash flow (approximation) | €34,785 | €20,113 | €16,858 | €15,580 | €15,227 | ▼ 2.3% |
| Investment in fixed assets (approximation) | - | -€7,749 | -€2,963 | €90 | -€9,235 | ▼ 10,361% |
| Change in cash | - | -€56,602 | €18,876 | -€53,726 | €13,944 | ▲ 126% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
07-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
14-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €38 ▼98.8%
Net result drops to €38, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
08-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are 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, Gent · 1 establishment unit since 2011
Ground area
229 m²
Building footprint
122 m²
Volume, LiDAR
976 m³
Parcel 44815F2210/00E003, Flanders · tallest building 12.9 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
ELEMENT ARCHITECTEN
since 20112.201.871.492
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44815F2210/00E003 | Flanders | 229 m² | 1 · 122 m² | 12.9 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 18,250 companies in sector 71111 we hold annual accounts for 6,320. 1,230 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-08-2011
Fiscal year end31-12
Activities, NACEBEL 2025
71111Activities of building architects
E-invoicing
Reachable via Peppol
Peppol ID
0208:0838646162
Also
9925:BE0838646162
Registered
27-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.