Skip to content

Elevate

Active
Private limited companyfounded 20242 yrs activeTerhulpsesteenweg 166, 1170 Watermaal-Bosvoorde, BelgiumKBO/BCE: BE 1005.426.477

Elevate has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €269k and a net result of €134k. Its solvency ranks better than 69% of 8657 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
89 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+94
Solvency98▼-2
Growth78
Track record82
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days only on tighter terms
Liquidity ample (current ratio 3.42 against 5.94 in 2024; short-term debt: 27% and cash: 67.9% of total assets), and 27% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
73%
Return on assets
36.5%
Age of the figures
9 mo
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 28-07-2026, 3 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
3 d early
2024
26 d late
← before the deadline after the deadline →
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 months
Position in the running window
22-09-2026 today31-12-2026 close31-07-2027 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, abbreviated schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€134k
2024 · €-15k
2024: €-15k
2024 → 2025
Working capital
€241k▲ 127%
2024 · €106k
2024: €106k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20242025Trend
Equity€135k-€269k▲ 99.8%
Operating result€-15k-€175k
Net result€-15k-€134k
Result per fiscal year
Operating resultNet result
€-50k€0€50k€100k€150k€200kOperating result 2024: €-15k€-15kNet result 2024: €-15k€-15kOperating result 2025: €175k€175kNet result 2025: €134k€134k20242025
The operating result returns to profit in 2025: €175k after a loss of €15k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €368k
Fixed assets €28k▼ 1.4%
Current assets €340k▲ 167%
Equity and liabilities €368k
Equity €269k▲ 99.8%
Debt €99k▲ 364%
The debt ratio rises from 13.7% to 27.0%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€175k
2024 · €-15k
Cash flow
€135k
2024 · €-15k
Solvency
73.0%
2024 · 86.3%
Current ratio
3.42
2024 · 5.94
Quick ratio
3.42
2024 · 5.94
Debt / equity
0.37
2024 · 0.16
ROE
49.9%
2024 · -11.4%
ROA
36.5%
2024 · -9.8%
Interest coverage
233.59
2024 · -39.55
Debt
€99k
2024 · €21k
Debt ≤ 1 year
€99k
2024 · €21k
Income taxes
€40k
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€156k€368k
Fixed assets21/28€29k€28k
Tangible fixed assets22/27€2k€1k
Furniture and vehicles24€2k€1k
Financial fixed assets28€27k€27k=
Current assets29/58€127k€340k
Amounts receivable within one year40/41€37k€57k
Trade receivables40€28k€40k
Other amounts receivable41€9k€16k
Cash at bank and in hand54/58€76k€250k
Deferred charges and accrued income490/1€15k€33k
Equity and liabilities
Total equity and liabilities10/49€156k€368k
Equity10/15€135k€269k
Contributions10/11€150k€150k=
Profit (loss) carried forward14€-15k€119k
Amounts payable17/49€21k€99k
Amounts payable within one year42/48€21k€99k
Trade debts44€21k€59k
Suppliers440/4€21k€59k
Taxes, remuneration and social security45-€40k
Taxes450/3-€40k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€144€390
Other operating charges640/8€8€88
Gross operating margin9900€-15k€176k
Operating profit (loss)9901€-15k€175k
Financial income75/76B-€28
Recurring financial income75-€28
Financial charges65/66B€374€751
Recurring financial charges65€374€751
Profit (loss) for the period before taxes9903€-15k€174k
Income taxes67/77-€40k
Profit (loss) for the period9904€-15k€134k
Profit (loss) for the period to be appropriated9905€-15k€134k
Appropriation of the result
Profit (loss) to be appropriated9906€-15k€119k
Profit (loss) brought forward from the previous period14P-€-15k
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
28-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Back to profitnet €134k
Net result €134k after one loss-making year.
31-12
Financial Equity above €200kEq €269k ▲99.8%
Equity rises from €135k to €269k.
26-08
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is 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, Watermaal-Bosvoorde · 1 establishment unit since 2024
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.

Terhulpsesteenweg 1661170 Watermaal-Bosvoorde
Ground area
3.2 ha
Building footprint
7,322 m²
Volume, LiDAR
125,390 m³
Parcel 21652E0030/00D002, Brussels · tallest building 21.0 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Elevate
Terhulpsesteenweg 166, 1170 Watermaal-BosvoordeBusiness consulting
since 20242.355.892.844
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21652E0030/00D002
ProtectedMonumentGlaverbelSource ↗
Brussels 3.2 ha 1 · 7,322 m² 21.0 m · 6 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Similar companies · same sector, comparable size

Of 82,569 companies in sector 70200 we hold annual accounts for 52,573. 38,651 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded31-01-2024
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
82990Other business support services
85592Vocational training
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.