ELEVATE CONSTRUCTIONS
ActiveSummary
ELEVATE CONSTRUCTIONS has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€620) and a net result of -€5,031. Its solvency ranks better than 10% of 11,742 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
- Staff
- ≈ 10 FTE, estimated
- Equity
- -€620
- Loss
- -€5,031
Why 53raises riskCapped at 59: negative equity1 change of registered office in 24 monthslowers riskSector: Architectural and engineering activities; technical testing and analysis (NACE 71)Liquidity: current ratio 0.97, cash €130,164Size: total assets €241,995Show the evidence
Checked score
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, micro): better than 9% on solvency, 31% on liquidity, 20% on profitability and 3% on growth.
The bankruptcy probability was computed on 29-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 2 accounts on average 7 days before the deadline; the sector median (NACE 71) for financial year 2024 is 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Registered officeRegistered-office move
Financials · financial year 2025, micro format
2025 annual accounts filed late (24 days) Filed on 24 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00416987.
2024 to 2025, 2 financial years
The operating result rises in 2025; 2025 is 3.7 times 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 71, Architectural and engineering activities; technical testing and analysis: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 1,555 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 91.6% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a small loss
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.4% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 1,555 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.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €23,934 | €760,762 | ▲ 32× |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €1,210 | - |
| Other operating charges640/8 | - | €120 | - |
| Gross operating margin9900 | €26,186 | €770,447 | ▲ 29× |
| Operating profit (loss)9901 | €2,252 | €8,354 | ▲ 271% |
| Financial income75/76B | €7 | €45 | ▲ 505% |
| Recurring financial income75 | €7 | €45 | ▲ 505% |
| Financial charges65/66B | €68 | €2,549 | ▲ 37× |
| Recurring financial charges65 | €68 | €2,549 | ▲ 37× |
| Profit (loss) for the period before taxes9903 | €2,191 | €5,850 | ▲ 167% |
| Income taxes67/77 | €780 | €10,882 | ▲ 14× |
| Profit (loss) for the period9904 | €1,411 | -€5,031 | - |
| Profit (loss) for the period to be appropriated9905 | €1,411 | -€5,031 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €51,306 | €241,995 | ▲ 372% |
| Fixed assets21/28 | - | €7,667 | - |
| Tangible fixed assets22/27 | - | €7,667 | - |
| Furniture and vehicles24 | - | €7,667 | - |
| Current assets29/58 | €51,306 | €234,328 | ▲ 357% |
| Amounts receivable within one year40/41 | €37,501 | €98,677 | ▲ 163% |
| Trade receivables40 | €36,832 | €98,677 | ▲ 168% |
| Other amounts receivable41 | €669 | - | - |
| Cash at bank and in hand54/58 | €10,910 | €130,164 | ▲ 12× |
| Deferred charges and accrued income490/1 | €2,895 | €5,487 | ▲ 89.5% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €51,306 | €241,995 | ▲ 372% |
| Equity10/15 | €4,411 | -€620 | - |
| Contributions10/11 | €3,000 | €3,000 | = |
| Reserves13 | €1,411 | - | - |
| Distributable reserves133 | €1,411 | - | - |
| Profit (loss) carried forward14 | - | -€3,620 | - |
| Amounts payable17/49 | €46,895 | €242,615 | ▲ 417% |
| Amounts payable within one year42/48 | €46,895 | €242,615 | ▲ 417% |
| Trade debts44 | €19,404 | €73,807 | ▲ 280% |
| Suppliers440/4 | €19,404 | €73,807 | ▲ 280% |
| Taxes, remuneration and social security45 | €20,766 | €167,895 | ▲ 709% |
| Taxes450/3 | €11,660 | €10,882 | ▼ 6.7% |
| Remuneration and social security454/9 | €9,106 | €157,013 | ▲ 17× |
| Other amounts payable47/48 | €6,725 | €914 | ▼ 86.4% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €1,411 | -€5,031 | - |
| + Depreciation and write-downs630 | - | €1,210 | - |
| Operating cash flow (approximation) | €1,411 | -€3,821 | - |
| Change in cash | - | €119,254 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 24-08-2026 | 2026-00416987 |
| 31-12-2024 | micro format | 24-06-2025 | 2025-00168431 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| DIAS DE MOURA Ricardo Paulo |
|
Owners and capital
Capital and shareholders
- DIAS DE MOURA Ricardo Paulo sole founder · 100% at incorporation
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 16-05-2024 Incorporation · €3,000 · 100 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
12-06
Gazette deed
Registered officeRegistered-office move2 facts ▸
- General meeting, 26-05-2025
- Registered-office move, Komiteitstraat 46-52, 2170 Merksem
16-05
Gazette deed
IncorporationAppointment: DIAS DE MOURA Ricardo Paulo (director) · Founder · Founding capital7 facts ▸
- Incorporation, “ELEVATE CONSTRUCTIONS” (deed in Dutch)
- Founder, DIAS DE MOURA Ricardo Paulo
- Founding capital, €3,000
- Registered office clause, “2000 Antwerpen,Frankrijklei 5 bus 401” (deed in Dutch)
- Board rule, 1
- Director appointment, DIAS DE MOURA Ricardo Paulo (director)
- Other provision, “beknopt uittreksel, uitgereikt om te worden bekendgemaakt in bijlagen bij Belgisch Staatsblad” (deed in Dutch)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11422C0294/00R020 | Flanders | 518 m² | 1 · 506 m² | 14.0 m · 4 |
| 11422C0294/00W010 | Flanders | 199 m² | 1 · 74 m² | 11.6 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “De vennootschap richt zich op het aanbieden van gespecialiseerde industriële arbeidskrachten aan bedrijven; Deze arbeidskrachten omvatten…” (deed in Dutch)
13 activities (deed in Dutch)
- De vennootschap richt zich op het aanbieden van gespecialiseerde industriële arbeidskrachten aan bedrijven.
- Deze arbeidskrachten omvatten lassers,pijpfitters,isolatoren,elektriciens en andere gekwalificeerde professionals.
- De vennootschap biedt ook uitbestedingsdiensten voor industriële constructiewerkzaamheden.
- Daarnaast wordt advies op het gebied van industriële engineering aangeboden,waarbij de expertise wordt ingezet om klanten te ondersteunen bij het optimaliseren van hun industriële processen en projecten.
- Naast de diensten op het gebied van industriële arbeid en adviesverlening,is De vennootschap gespecialiseerd in de fabricage van industriële structuren en pijpleidingen.
- Naast de focus op industriële dienstverlening en fabricageactiviteiten is De vennootschap actief in de handel en investeringen op verschillende gebieden.
- Het bedrijf is betrokken bij de aankoop,verkoop en verhuur van auto's en onroerend goed.
- Daarnaast is De vennootschap ook betrokken bij stookactiviteiten en crypto-investeringen.
- Zij heeft in het algemeen de volle rechtsbekwaamheid om alle handelingen en verrichtingen te voltrekken die een rechtstreeks of onrechtstreeks verband houden met haar voorwerp of welke van die aard zouden zijn dat zij de verwezenlijking van dit voorwerp,rechtstreeks of onrechtstreeks,geheel of ten dele vergemakkelijken.
- Zij kan eveneens alle overeenkomsten van samenwerking,rationalisatie,vereniging of andere afsluiten met dergelijke vennootschappen of ondernemingen.
- Zij kan belangen nemen door associatie,inbreng,fusie,financiële tussenkomst of op gelijk welke andere wijze,in alle vennootschappen,verenigingen of ondernemingen met een identiek,gelijklopend of samenhangend voorwerp met het hare of die van aard kunnen zijn de ontwikkeling van haar onderneming te begunstigen of een bron van afzetten te vormen.
- Zij kan de functies van bestuurder of vereffenaar uitoefenen in andere vennootschappen.
- De vennootschap mag zich borgstellen of zakelijke zekerheden verlenen ten voordele van vennootschappen of particulieren,in de meest ruime zin.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- ELEVATE CONSTRUCTIONS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, bij enkel besluit bestuursorgaan administratieve zetels,agentschappen,werkhuizen,stapelplaatsen,bijkantoren vestigen in…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Één of meer bestuurders,natuurlijke personen of rechtspersonen,al dan niet aandeelhouder, bij gebrek bepaling duurtijd mandaat geacht…” (deed in Dutch)“Geheel bevoegdheden bestuurders toegekend met mogelijkheid deel te delegeren, iedere bestuurder,alleen optredend,mag alle handelingen…” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam met vermeldingen voorgeschreven door Wetboek van vennootschappen en verenigingen” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “10. Organisatie en bijeenroeping Ieder jaar wordt een gewone algemene vergadering van aandeelhouders gehouden op de zetel, op vijftien juni…” (deed in Dutch)
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Kan op elk moment worden ontbonden door beslissing algemene vergadering beslissende in vormen vereist voor statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bij ontbinding om welke reden en op welk ogenblik ook, bestuurder(s) in functie aangewezen als vereffenaar(s) krachtens statuten indien geen…” (deed in Dutch)