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ELER

Active
Private limited company (pre-2019)founded 200323 yrs activeArteveldestraat 147, 1000 Brussel, BelgiumKBO/BCE: BE 0479.409.434

ELER has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-13k) and a net result of €-10k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 9450 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
27 / 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-31
Solvency0▼-15
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.58 against 0.71 in 2024; short-term debt: 143.5% and cash: 0.5% of total assets), and equity is negative.
Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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
Sector 71
lower
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-43.5%
Return on assets
-33.3%
Age of the figures
12 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 23 years 0 30 y
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €-13k
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 07-05-2026, 7 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
7 d late
2024
on the day
2023
on the day
2022
2 d late
2021
2 d late
2020
on the day
2019
on the day
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
22-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · 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 2025, micro schema

Equity
€-13k▼ 326%
2024 · €-3k
2018: €4k 2019: €5k 2020: €5k 2021: €6k 2022: €6k 2023: €-2k 2024: €-3k
2018 → 2025
Total assets
€31k▼ 4.2%
2024 · €32k
2018: €34k 2019: €33k 2020: €33k 2021: €34k 2022: €39k 2023: €32k 2024: €32k
2018 → 2025
Net result
€-10k▼ 697%
2024 · €-1k
2018: €3k 2019: €4k 2020: €731 2021: €330 2022: €278 2023: €-8k 2024: €-1k
2018 → 2025
Working capital
€-19k▼ 79.6%
2024 · €-10k
2018: €868 2019: €2k 2020: €2k 2021: €3k 2022: €-5k 2023: €-11k 2024: €-10k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€6k-€6k▲ 4.8%€-2k€-3k▼ 69.4%€-13k▼ 326%
Operating result€874-€1k▲ 34.2%€-7k€-645▲ 91.1%€-10k▼ 1,392%
Net result€330-€278▼ 15.8%€-8k€-1k▲ 83.7%€-10k▼ 697%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-15k€-10k€-5k€0Operating result 2021: €874€874Net result 2021: €330€330Operating result 2022: €1k€1kNet result 2022: €278€278Operating result 2023: €-7k€-7kNet result 2023: €-8k€-8kOperating result 2024: €-645€-645Net result 2024: €-1k€-1kOperating result 2025: €-10k€-10kNet result 2025: €-10k€-10k20212022202320242025
The operating result stays negative: a loss of €10k in 2025 against €645 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €31k
Fixed assets €5k▼ 27.4%
Current assets €26k▲ 2.6%
Key figures and ratios
2025 value · change against 2024
EBITDA
€-8k
2024 · €1k
Cash flow
€-8k
2024 · €703
Solvency
-43.5%
2024 · -9.8%
Current ratio
0.58
2024 · 0.71
Quick ratio
0.31
2024 · 0.25
Debt / equity
-3.30
2024 · -11.24
ROA
-33.3%
2024 · -4.0%
Interest coverage
-10.95
2024 · 2.07
Debt
€44k
2024 · €36k
Debt ≤ 1 year
€44k
2024 · €36k
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€32k€31k
Fixed assets21/28€7k€5k
Tangible fixed assets22/27€4k€2k
Furniture and vehicles24€4k€2k
Financial fixed assets28€3k€3k=
Current assets29/58€25k€26k
Stocks and contracts in progress3€16k€12k
Stocks30/36€16k€12k
Amounts receivable within one year40/41€9k€13k
Trade receivables40€9k€13k
Other amounts receivable41€218-
Cash at bank and in hand54/58-€155
Equity and liabilities
Total equity and liabilities10/49€32k€31k
Equity10/15€-3k€-13k
Contributions10/11€6k€6k=
Profit (loss) carried forward14€-9k€-20k
Amounts payable17/49€36k€44k
Amounts payable within one year42/48€36k€44k
Financial debts43€3k€3k
Credit institutions430/8€3k€3k
Trade debts44€6k€10k
Suppliers440/4€6k€10k
Advances received on contracts in progress46€8k€14k
Taxes, remuneration and social security45€123€292
Taxes450/3€123€292
Other amounts payable47/48€18k€18k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k=
Other operating charges640/8€384-
Gross operating margin9900€2k€-8k
Operating profit (loss)9901€-645€-10k
Financial income75/76B€2€0
Recurring financial income75€2€0
Financial charges65/66B€652€696
Recurring financial charges65€652€696
Profit (loss) for the period before taxes9903€-1k€-10k
Profit (loss) for the period9904€-1k€-10k
Profit (loss) for the period to be appropriated9905€-1k€-10k
Appropriation of the result
Profit (loss) to be appropriated9906€-9k€-20k
Profit (loss) brought forward from the previous period14P€-8k€-9k

The notes to these accounts (5 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

Next filing, fiscal year 2026, expected by 30-04-2027
2026
07-05
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 7 days late
2025
30-09
Financial Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series.
30-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
02-05
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
02-05
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
30-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-04
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial Highest result since 2018net €4k ▲25.5%
Operating result €5k, net result €4k, both a record.
08-04
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
26-03
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
03-04
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 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, Brussel · 1 establishment unit since 2003
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.

Arteveldestraat 1471000 Brussel
Ground area
1,995 m²
Building footprint
814 m²
Volume, LiDAR
18,654 m³
Parcel 21811M1469/00N000, Brussels · tallest building 25.4 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
Arteveldestraat 147, 1000 Brussel
Finishing of textiles
since 20032.126.472.996
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21811M1469/00N000 Brussels 1,995 m² 1 · 814 m² 25.4 m · 8 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 11,554 companies in sector 71121 we hold annual accounts for 6,562. 2,151 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded29-01-2003
Fiscal year end30-09
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
74203
47519Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.