Elevate
Elevate has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14k and a net result of €185k. Equity is shrinking by ~19% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 15% of 30893 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
| Equity | €14k |
| Net result | €185k |
| Better than sector | 15% |
| Active | 8 yrs |
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
How do we compute this?
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 | 8.1% | 55.9% | |
| Net result | €185k | €27k | |
| Equity | €14k | €83k | |
| Gross operating margin | €319k | €54k | |
| Total assets | €172k | €186k |
Figures by fiscal year and ratios
| Fiscal year | 2025 Δ | 2024 Δ | 2023 Δ | 2022 Δ | 2021 Δ |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | +7.4% | +23.9% | -3.4% | +483.6% | - |
| Net profit | +3.3% | +31.8% | -20.0% | - | - |
| Cash flow | +4.3% | +30.4% | -19.5% | - | - |
| Staff costs | - | - | - | - | - |
| Income taxes | +6.7% | +24.0% | -19.0% | +1821.1% | - |
| Dividends | -8.6% | +49.0% | -26.3% | - | - |
| Total assets | -20.4% | +15.4% | -18.3% | +305.3% | - |
| Equity | 0.0% | -62.6% | 0.0% | -5.3% | - |
| Debt | -21.8% | +34.8% | -21.9% | +1018.3% | - |
| of which ≤ 1y | -21.8% | +34.8% | -21.9% | +1018.3% | - |
| of which > 1y | - | - | - | - | - |
| Working capital | - | - | +9.5% | -28.8% | - |
| Employees (FTE) | - | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 1.00 | 0.99 | 1.19 | 1.13 | 3.07 |
| Quick ratio | 1.00 | 0.99 | 1.19 | 1.13 | 3.07 |
| Working capital ratio | 0.5% | -1.2% | 14.8% | 11.1% | 62.9% |
| Solvency | 8.1% | 6.5% | 19.9% | 16.3% | 69.7% |
| Debt / equity | 11.33 | 14.49 | 4.02 | 5.14 | 0.44 |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | 4.63 | 5.09 | 4.42 | 13.69 | 1.02 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 107.6% | 82.9% | 72.6% | 74.2% | -5.3% |
| ROE | 1326.5% | 1283.7% | 364.3% | 455.6% | -7.6% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (22 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €172k | €216k | €187k | €229k | €57k |
| Fixed assets | 21/28 | €13k | €17k | €10k | €12k | €4k |
| Tangible fixed assets | 22/27 | €13k | €17k | €10k | €12k | €4k |
| Current assets | 29/58 | €159k | €200k | €178k | €217k | €53k |
| Amounts receivable within one year | 40/41 | €51k | €14k | €3k | €1k | €5k |
| Cash & bank | 54/58 | €96k | €178k | €173k | €215k | €46k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €172k | €216k | €187k | €229k | €57k |
| Equity | 10/15 | €14k | €14k | €37k | €37k | €39k |
| Contributions / capital | 10/11 | €12k | €12k | €12k | €12k | €1 |
| Reserves | 13 | €2k | €2k | €25k | €25k | €25k |
| Accumulated profits (losses) | 14 | - | - | - | - | €14k |
| Amounts payable | 17/49 | €158k | €202k | €150k | €192k | €17k |
| Amounts payable within one year | 42/48 | €158k | €202k | €150k | €192k | €17k |
| Trade debts payable within one year | 44 | - | - | €5k | €1k | €4k |
| Income statement | ||||||
| Gross operating margin | 9900 | €319k | €299k | €240k | €249k | €45k |
| Operating result | 9901 | €315k | €295k | €236k | €245k | €41k |
| Financial income | 75 | €367 | €233 | €0 | €0 | €1 |
| Financial charges | 65 | €69k | €58k | €54k | €18k | €41k |
| Result before taxes | 9903 | €246k | €237k | €182k | €227k | €-15 |
| Income taxes | 67/77 | €61k | €57k | €46k | €57k | €3k |
| Net result for the period | 9904 | €185k | €179k | €136k | €170k | €-3k |
| Result to be appropriated | 9905 | €185k | €179k | €136k | €170k | €-3k |
| NACE primary | Business and other management consultancy(70200) |
| Legal form | Private limited company(610) |
| Incorporation | 22-09-2017 |
| Status | Active |
| Postal code | 1435 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25020A0145/00C000 | Wallonia | 973 m² | 1 · 102 m² | - |
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
20-12-2022 Capital increase of €12,350 to €30,900
- €18.550 → €30.900
- Inbreng in geld · Apport en numéraire
Technical details
{
"events": [
{
"kind": "capital_increase",
"after_eur": 30900.0,
"delta_eur": 12350.0,
"before_eur": 18550.0,
"share_emission": {
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"share_form": null,
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"n_new_shares": null,
"with_new_shares": false,
"nominal_value_eur": null,
"issue_price_per_share_eur": null
},
"decrease_purpose": null,
"contribution_type": "geld",
"paid_up_delta_eur": 12350.0,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": "create"
}
],
"notary": {
"name": "Quentin DELWART",
"firm_city": null,
"firm_name": null,
"office_city": "Havelange",
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": "2022-12-20",
"filing_date": "2022-12-16",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "assembl\u00E9e_generale_extraordinaire",
"act_date": "2022-12-12",
"unanimous": true,
"under_authorized_capital": false,
"underlying_resolution_date": "2022-12-12"
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0681.669.874",
"name_full": "ELEVATE",
"legal_form": "Soci\u00E9t\u00E9 \u00E0 responsabilit\u00E9 limit\u00E9e",
"is_foreign_registered": false
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"expedition"
],
"shareholders_after": [],
"share_classes_after": []
}| Legal nameFR | Elevate |