Elements
The computed 12-month bankruptcy probability of Elements is 1.9% (moderate). The 2025 annual accounts show equity of €154k and a net result of €1k. Equity is growing by ~6% per year across the filed fiscal years. Its solvency ranks better than 31% of 107 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €154k |
| Net result | €1k |
| Better than sector | 31% |
| Active | 4 yrs |
Fragile profile, watch profitability in particular.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 13.8% | 25.5% | |
| Net result | €1k | €20k | |
| Equity | €154k | €76k | |
| Gross operating margin | €54k | €79k | |
| Total assets | €1.11M | €332k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €53k |
| Net profit | €1k |
| Cash flow | €21k |
| Staff costs | - |
| Income taxes | €1k |
| Dividends | €833 |
| Total assets | €1.11M |
| Equity | €154k |
| Debt | €956k |
| of which ≤ 1y | €571k |
| of which > 1y | €372k |
| Working capital | €46k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 1.08 |
| Quick ratio | 0.48 |
| Working capital ratio | 4.1% |
| Solvency | 13.8% |
| Debt / equity | 6.22 |
| Long-term debt ratio | 2.42 |
| Interest coverage | 1.71 |
| Gross margin | - |
| Net margin | - |
| ROA | 0.1% |
| ROE | 0.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.11M |
| Fixed assets | 21/28 | €493k |
| Tangible fixed assets | 22/27 | €493k |
| Current assets | 29/58 | €617k |
| Stocks & contracts in progress | 3 | €341k |
| Amounts receivable within one year | 40/41 | €244k |
| Cash & bank | 54/58 | €8k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.11M |
| Equity | 10/15 | €154k |
| Contributions / capital | 10/11 | €1k |
| Reserves | 13 | €134k |
| Accumulated profits (losses) | 14 | €18k |
| Amounts payable | 17/49 | €956k |
| Amounts payable after one year | 17 | €372k |
| Amounts payable within one year | 42/48 | €571k |
| Trade debts payable within one year | 44 | €76k |
| Income statement | ||
| Gross operating margin | 9900 | €54k |
| Operating result | 9901 | €33k |
| Financial income | 75 | €375 |
| Financial charges | 65 | €31k |
| Result before taxes | 9903 | €2k |
| Income taxes | 67/77 | €1k |
| Net result for the period | 9904 | €1k |
| Result to be appropriated | 9905 | €1k |
Former directors (1)
-
Former- → 03-10-2022
| NACE primary | Construction of buildings(41001) |
| Legal form | Private limited company(610) |
| Incorporation | 30-11-2021 |
| Status | Active |
| Postal code | 9250 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42023B0763/00P000 | Flanders | 1,509 m² | 1 · 185 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
06-05-2026 General meeting · Seat change · Notarial deed · Officer appointment
- Filing: 2026-04-01 · Elements
- General meeting: 2026-02-02 · Elements
- Seat change: to: Vogelzangdreef 1, te 9250 Waasmunster, from: Groenstraat 12, te 9250 Waasmunster, effective_date: 2026-04-01 · Elements
- Notarial deed: 2026-02-02 · Elements
- Officer appointment: role: bestuurder · Niels Schutter
- Publication: 2026-05-06
- Act object: Verplaatsing zetel
Technical details
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}22-11-2024 Registered office moved from Antwerpen to Waasmunster
- Isabella Brantstraat 40, 2018 Antwerpen → Groenstraat 12, 9250 Waasmunster
Technical details
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}27-11-2023 Registered office moved from Aalst to Antwerpen
- Drapstraat 27, 9308 Aalst → Isabella Brantstraat 40, 2018 Antwerpen
Technical details
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}13-01-2023 GOLICHENKO ALENA resigns as director
- GOLICHENKO ALENA, Bestuurder
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}02-12-2021 Incorporation of a new BV
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Elements |