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ELEVECTOR

Active
Private limited companyfounded 2025active for 1 yearZevecotestraat 25, 9830 Sint-Martens-Latem, BelgiumKBO/BCE: BE 1021.127.116
Summary

ELEVECTOR has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €112,224 and a net result of €109,724. Its solvency ranks better than 81% of 21,080 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

Turnover
≈ €220,000
Estimated: probably between €200,000 and €270,000
Total assets
€132,439
Net result
€109,724
Working capital
€95,872

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €132,439
Fixed assets €16,352
Current assets €116,087
Equity and liabilities €132,439
Equity €112,224
Debt €20,215
Debt finances 15.3% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€142,644
Cash flow
€112,237
Current ratio
5.74
Debt to equity
0.18
ROE
97.8%
ROA
82.8%
Interest coverage
over 100
Debt ≤ 1 year
€20,215
Income taxes
€30,384

Peer companies

Historical observation

Of the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

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%.

The companies in ten equal groups, from lowest to highest expected share.
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 11,279 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 37 lines
Balance sheet Code2025
Assets
Total assets20/58€132,439
Fixed assets21/28€16,352
Tangible fixed assets22/27€16,102
Furniture and vehicles24€16,102
Financial fixed assets28€250
Current assets29/58€116,087
Amounts receivable within one year40/41€31,174
Trade receivables40€19,058
Other amounts receivable41€12,116
Cash at bank and in hand54/58€84,460
Deferred charges and accrued income490/1€453
Equity and liabilities
Total equity and liabilities10/49€132,439
Equity10/15€112,224
Contributions10/11€2,500
Reserves13€46,310
Tax-exempt reserves132€46,310
Profit (loss) carried forward14€63,414
Amounts payable17/49€20,215
Amounts payable within one year42/48€20,215
Trade debts44€3,634
Suppliers440/4€3,634
Taxes, remuneration and social security45€16,582
Taxes450/3€16,582
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,514
Other operating charges640/8€348
Gross operating margin9900€142,992
Operating profit (loss)9901€140,130
Financial income75/76B€8
Recurring financial income75€8
Financial charges65/66B€31
Recurring financial charges65€31
Profit (loss) for the period before taxes9903€140,107
Income taxes67/77€30,384
Profit (loss) for the period9904€109,724
Transfer to tax-exempt reserves689€46,310
Profit (loss) for the period to be appropriated9905€63,414
Appropriation of the result
Profit (loss) to be appropriated9906€63,414

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,514
Other operating charges640/8€348
Gross operating margin9900€142,992
Operating profit (loss)9901€140,130
Financial income75/76B€8
Recurring financial income75€8
Financial charges65/66B€31
Recurring financial charges65€31
Profit (loss) for the period before taxes9903€140,107
Income taxes67/77€30,384
Profit (loss) for the period9904€109,724
Transfer to tax-exempt reserves689€46,310
Profit (loss) for the period to be appropriated9905€63,414
Line2025
Assets
Total assets20/58€132,439
Fixed assets21/28€16,352
Tangible fixed assets22/27€16,102
Furniture and vehicles24€16,102
Financial fixed assets28€250
Current assets29/58€116,087
Amounts receivable within one year40/41€31,174
Trade receivables40€19,058
Other amounts receivable41€12,116
Cash at bank and in hand54/58€84,460
Deferred charges and accrued income490/1€453
Equity and liabilities
Total equity and liabilities10/49€132,439
Equity10/15€112,224
Contributions10/11€2,500
Reserves13€46,310
Tax-exempt reserves132€46,310
Profit (loss) carried forward14€63,414
Amounts payable17/49€20,215
Amounts payable within one year42/48€20,215
Trade debts44€3,634
Suppliers440/4€3,634
Taxes, remuneration and social security45€16,582
Taxes450/3€16,582
Line2025
Profit (loss) for the period9904€109,724
+ Depreciation and write-downs630€2,514
Operating cash flow (approximation)€112,237

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 13-02-2026 2026-00038091

Similar companies · same sector, comparable size

Of the 29,893 active companies whose main activity is computer consultancy and computer facilities management (NACE 62200), figures are known for 18,896. 15,887 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2025 · 1 entry · €54 awarded · €54 paid
Schemes
1 entry · €54 · €54 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.