ELEVATION
InactiveOverview
Activity
Activity not known
Size
€107,412total assets 2025
- Equity
- €72,545
- Profit
- €7,920
Turnover not published (micro format)
Financial health
Inactive: no score
Structure
1 of 3 deeds read
SignalsneutralLatest accounts filed on timeShow the evidence
Signals
1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 08-01-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 days early
2024
1 day early
2023
7 days early
2022
41 days early
2021
3 days early
2020
9 days early
2019
11 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 14 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 24 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end11-10-2026 today31-01-2027 deadline
- End & cessationResignation: Marc Van Auseloos (director)…
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
Equity
€72,545▲ 12.3%
2024 · €64,625
Total assets
€107,412▲ 54.4%
2024 · €69,562
Net result
€7,920▼ 38.8%
2024 · €12,941
Working capital
€70,834▲ 13.9%
2024 · €62,164
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result falls in 2025; 2025 is 17% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€14,227
2025
Net result€7,920
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€107,412
2025
Equity€72,545
2025
Debt€34,868
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€70,834
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€3,336-€5,589▲ 67.5%€12,726▲ 128%€2,564▼ 79.9%€12,266▲ 378%€17,187▲ 40.1%€14,227▼ 17.2%
Net result€1,182-€1,803▲ 52.6%€11,545▲ 540%-€962€10,969€12,941▲ 18.0%€7,920▼ 38.8%
Equity€28,329-€30,132▲ 6.4%€41,677▲ 38.3%€40,715▼ 2.3%€51,684▲ 26.9%€64,625▲ 25.0%€72,545▲ 12.3%
Total assets€32,429-€40,989▲ 26.4%€50,381▲ 22.9%€46,866▼ 7.0%€63,054▲ 34.5%€69,562▲ 10.3%€107,412▲ 54.4%
Debt€4,101-€10,857▲ 165%€8,704▼ 19.8%€6,151▼ 29.3%€11,370▲ 84.8%€4,937▼ 56.6%€34,868▲ 606%
Working capital€26,671-€19,889▼ 25.4%€35,420▲ 78.1%€35,784▲ 1.0%€48,078▲ 34.4%€62,164▲ 29.3%€70,834▲ 13.9%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €107,412
Fixed assets
€1,710 ▼ 30.5%
Current assets
€105,702 ▲ 57.5%
Equity and liabilities €107,412
Equity
€72,545 ▲ 12.3%
Debt
€34,868 ▲ 606%
Debt's share of the balance-sheet total rises from 7.1% to 32.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€14,977▼
2024 · €32,190
Cash flow
€8,670▼
2024 · €27,945
Current ratio
3.03▼
2024 · 13.59
Debt to equity
0.48▲
2024 · 0.08
ROE
10.9%▼
2024 · 20.0%
ROA
7.4%▼
2024 · 18.6%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€34,868▲
2024 · €4,937
Income taxes
€6,167▲
2024 · €4,125
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | - | €240 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,856 | €1,941 | €852 | €1,325 | €1,325 | €15,003 | €751 | ▼ 95.0% |
| Other operating charges640/8 | - | - | - | €597 | €557 | €3,713 | €387 | ▼ 89.6% |
| Gross operating margin9900 | €6,192 | €9,575 | €14,344 | €4,486 | €14,148 | €36,143 | €15,365 | ▼ 57.5% |
| Operating profit (loss)9901 | €3,336 | €5,589 | €12,726 | €2,564 | €12,266 | €17,187 | €14,227 | ▼ 17.2% |
| Financial income75/76B | - | - | - | €0 | - | - | - | - |
| Recurring financial income75 | - | - | - | €0 | - | - | - | - |
| Financial charges65/66B | - | - | - | €100 | €100 | €120 | €140 | ▲ 16.7% |
| Recurring financial charges65 | €34 | €52 | €79 | €100 | €100 | €120 | €140 | ▲ 16.7% |
| Profit (loss) for the period before taxes9903 | €3,302 | €5,537 | €12,647 | €2,464 | €12,166 | €17,067 | €14,087 | ▼ 17.5% |
| Income taxes67/77 | €2,120 | €3,734 | €1,102 | €3,425 | €1,197 | €4,125 | €6,167 | ▲ 49.5% |
| Profit (loss) for the period9904 | €1,182 | €1,803 | €11,545 | -€962 | €10,969 | €12,941 | €7,920 | ▼ 38.8% |
| Transfer to tax-exempt reserves689 | - | - | - | - | - | - | €7,500 | - |
| Profit (loss) for the period to be appropriated9905 | €1,182 | €1,803 | €11,545 | -€962 | €10,969 | €12,941 | €420 | ▼ 96.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €32,429 | €40,989 | €50,381 | €46,866 | €63,054 | €69,562 | €107,412 | ▲ 54.4% |
| Fixed assets21/28 | €1,658 | €10,242 | €6,256 | €4,931 | €3,606 | €2,461 | €1,710 | ▼ 30.5% |
| Tangible fixed assets22/27 | €1,658 | €10,242 | €6,256 | €4,931 | €3,606 | €2,461 | €1,710 | ▼ 30.5% |
| Furniture and vehicles24 | - | - | - | €4,931 | €3,606 | €2,461 | €1,710 | ▼ 30.5% |
| Current assets29/58 | €30,772 | €30,746 | €44,124 | €41,935 | €59,448 | €67,101 | €105,702 | ▲ 57.5% |
| Amounts receivable within one year40/41 | €25,232 | €17,837 | €14,585 | €19,543 | €14,714 | €15,849 | €218 | ▼ 98.6% |
| Trade receivables40 | - | - | - | €11,229 | €14,714 | €14,944 | - | - |
| Other amounts receivable41 | - | - | - | €8,314 | - | €905 | €218 | ▼ 75.9% |
| Cash at bank and in hand54/58 | €5,540 | €12,909 | €29,540 | €22,392 | €44,734 | €51,252 | €105,484 | ▲ 106% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €32,429 | €40,989 | €50,381 | €46,866 | €63,054 | €69,562 | €107,412 | ▲ 54.4% |
| Equity10/15 | €28,329 | €30,132 | €41,677 | €40,715 | €51,684 | €64,625 | €72,545 | ▲ 12.3% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Capital10 | - | - | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Issued capital100 | - | - | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Uncalled capital101 | - | - | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €5,490 | €11,860 | €11,860 | €11,860 | €21,860 | €31,860 | €39,360 | ▲ 23.5% |
| Non-distributable reserves130/1 | - | - | - | €6,860 | €16,860 | €6,860 | €6,860 | = |
| Legal reserve130 | - | - | - | €6,860 | €16,860 | €6,860 | €6,860 | = |
| Tax-exempt reserves132 | - | - | - | €5,000 | €5,000 | €25,000 | €32,500 | ▲ 30.0% |
| Profit (loss) carried forward14 | €10,438 | €5,872 | €17,417 | €16,455 | €17,424 | €20,365 | €20,785 | ▲ 2.1% |
| Amounts payable17/49 | €4,101 | €10,857 | €8,704 | €6,151 | €11,370 | €4,937 | €34,868 | ▲ 606% |
| Amounts payable within one year42/48 | €4,101 | €10,857 | €8,704 | €6,151 | €11,370 | €4,937 | €34,868 | ▲ 606% |
| Trade debts44 | €1,896 | €2,559 | €3,406 | €2,151 | €5,476 | €835 | €1,204 | ▲ 44.3% |
| Suppliers440/4 | - | - | - | €2,151 | €5,476 | €835 | €1,204 | ▲ 44.3% |
| Taxes, remuneration and social security45 | - | - | - | €4,000 | €5,895 | €4,000 | €25,236 | ▲ 531% |
| Taxes450/3 | - | - | - | €1,264 | €3,159 | €1,264 | €4,219 | ▲ 234% |
| Remuneration and social security454/9 | - | - | - | €2,736 | €2,736 | €2,736 | €21,017 | ▲ 668% |
| Other amounts payable47/48 | - | - | - | - | - | €102 | €8,428 | ▲ 8,141% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,182 | €1,803 | €11,545 | -€962 | €10,969 | €12,941 | €7,920 | ▼ 38.8% |
| + Depreciation and write-downs630 | €1,856 | €1,941 | €852 | €1,325 | €1,325 | €15,003 | €751 | ▼ 95.0% |
| Operating cash flow (approximation) | €3,038 | €3,744 | €12,397 | €363 | €12,294 | €27,945 | €8,670 | ▼ 69.0% |
| Investment in fixed assets (approximation) | - | -€10,526 | €3,134 | €0 | €0 | -€13,858 | €0 | ▲ 100% |
| Change in cash | - | €7,369 | €16,631 | -€7,147 | €22,342 | €6,518 | €54,232 | ▲ 732% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Public contracts: not fully processed yet. The notices from April 2024 to September 2026 are still being read.
Directors
Directors
no sitting director read yet, last change in 2026
No directors read yet: 1 of 3 Gazette acts processed. See the directors and other office holders in the KBO →
Mandate history
1 person since 2026, 0 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Marc Van Auseloos |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
06-10
Gazette deed
End & cessationResignation: Marc Van Auseloos (director) · Dissolution · Liquidation distribution9 facts ▸
Gazette deed
End & cessation
Resignation: Marc Van Auseloos (director) · Dissolution · Liquidation distribution9 facts ▸
- General meeting, 30-09-2026
- Dissolution, “heden, ontbinding en vereffening” (deed in Dutch)
- Other statement, “geen vereffenaar benoemd, noodzaak daartoe bestaat niet” (deed in Dutch)
- Other statement, “voorwaarde schulden jegens derden, terugbetaald of geconsigneerd of schriftelijk akkoord schuldeiser met artikel 2:80 procedure” (deed in Dutch)
- Other statement, “ontbinding en sluiting vereffening in één akte, ten minste de helft van totaal aantal uitgegeven aandelen” (deed in Dutch)
- Liquidation distribution, “alle resterende activa,zonder uitzondering, komen van rechtswege toe aan aandeelhouders” (deed in Dutch)
- Liquidation closure
- Custody of records, “Grote Bollostraat 10 bus 3002 te 3120 Tremelo”, 5 (deed in Dutch)
- Director resignation, Marc Van Auseloos (director)
08-01
NBB filing
Annual accounts filed
financial year 2025 · micro format
2025
30-01
NBB filing
Annual accounts filed
financial year 2024 · micro format
2024
30-06
Financial
Highest result from 2019 to 2025net €12,941 ▲18%
Operating result €17,187, net result €12,941, both a record.
30-06
Financial
Liquidity more than doublescurrent ratio 13.59
Current ratio from 5.23 to 13.59; short-term debt falls from €11,370 to €4,937.
24-01
NBB filing
Annual accounts filed
financial year 2023 · micro format
2023
30-06
Financial
Back to profitnet €10,969
Net result €10,969 after one loss-making year.
2022
21-12
NBB filing
Annual accounts filed
financial year 2022 · micro format
30-06
Financial
Weakest financial yearnet -€962
Net result drops to -€962, the lowest in the series.
28-01
NBB filing
Annual accounts filed
financial year 2021 · micro format
2021
22-01
NBB filing
Annual accounts filed
financial year 2020 · micro format
2020
20-01
NBB filing
Annual accounts filed
financial year 2019 · micro format
Show earlier events
2019
21-01
NBB filing
Annual accounts filed
financial year 2018 · micro format
2018
23-01
NBB filing
Annual accounts filed
financial year 2017 · abbreviated format
2017
24-01
NBB filing
Annual accounts filed
financial year 2016 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 3 deeds read
About the unread acts
Of the 3 Belgian Official Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Tremelo
Ground area
1,160 m²
Building footprint
485 m²
Building volume
1,019 m³
Parcel 24109C0238/00P007, Flanders · tallest building 9.6 m. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24109C0238/00P007 | Flanders | 1,160 m² | 1 · 485 m² | 9.6 m |
How the parcels are linked
Good to know
The parcel matches the address exactly.