Skip to content

ELEVEN CORP.

Active
Private limited company (pre-2019)founded 2004active for 22 yearsde Villegas de Clercampstraat 180, 1853 Grimbergen, BelgiumKBO/BCE: BE 0863.638.609
Summary

The computed 12-month bankruptcy probability of ELEVEN CORP. is 4.4% (elevated). The 2024 annual accounts show negative equity (-€24,848) and a net result of -€1,276. Equity is shrinking by about 3.6% per year across the filed financial years. The company has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known1 site
Size
€507total assets 2024
Equity
-€24,848
Loss
-€1,276
Turnover not published (micro format)
Financial health
35 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
4.4%
Structure
Accounts 70 days overdue0 of 2 deeds read
Why 35raises riskLiquidity: current ratio 0.02, cash €01 financial year not filed after the legal deadline; latest accounts 63 days late; 2 of the last 3 latelowers riskSize: total assets €507Founded in 2004Show the evidence

Checked score

Score 2024
35 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 10% of its sector peers (no NACE code, micro)
Financial strength · tick = 2023
Weak
Solvency 0=
equity -4898.1% of total assets
Liquidity 0=
short-term debt 4998.1% · cash 0.0%
Profitability 0=
return on assets -251.5%
Bankruptcy probability, 12 months
4.4% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 4.0% 12-2024: 4.8%▲ +0.8 percentage points vs 11-2024 01-2025: 6.7%▲ +1.9 percentage points vs 12-2024 02-2025: 6.7%● unchanged vs 01-2025 03-2025: 6.9%▲ +0.2 percentage points vs 02-2025 04-2025: 6.6%▼ -0.3 percentage points vs 03-2025 05-2025: 6.6%● unchanged vs 04-2025 06-2025: 6.5%▼ -0.1 percentage points vs 05-2025 07-2025: 6.5%● unchanged vs 06-2025 08-2025: 8.9%▲ +2.4 percentage points vs 07-2025highest value 09-2025: 8.9%● unchanged vs 08-2025highest value 10-2025: 8.9%● unchanged vs 09-2025highest value 11-2025: 3.2%▼ -5.7 percentage points vs 10-2025 12-2025: 3.2%● unchanged vs 11-2025 01-2026: 3.2%● unchanged vs 12-2025 02-2026: 3.2%● unchanged vs 01-2026 03-2026: 3.2%● unchanged vs 02-2026 04-2026: 3.1%▼ -0.1 percentage points vs 03-2026 05-2026: 2.9%▼ -0.2 percentage points vs 04-2026lowest value 06-2026: 3.1%▲ +0.2 percentage points vs 05-2026 07-2026: 3.3%▲ +0.2 percentage points vs 06-2026 08-2026: 4.1%▲ +0.8 percentage points vs 07-2026 09-2026: 3.9%▼ -0.2 percentage points vs 08-2026 10-2026: 4.4%▲ +0.5 percentage points vs 09-2026
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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 (no NACE code, micro): better than 5% on solvency, 1% on liquidity, 4% on profitability and 30% on growth.

The bankruptcy probability was computed on 08-10-2026 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

Six signals.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €507
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 2004
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Liquidity: current ratio 0.02, cash €0
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 63 days late; 2 of the last 3 late
NBB · filings
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€24,848
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-10-2025, 63 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
63 days late
2023
428 days late
2022
on the day
2021
36 days early
2020
33 days early
2019
35 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 65 days after 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 (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Annual accounts filedfinancial year 2022 · micro…

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€24,848 View
  • Risk: 4 loss-making years in a rowloss financial year 2024 -€1,276 View
  • Caution: Accounts not fileddeadline was 31-07-2026 70 days late View

By topic

Financials

Financial year
2024
Total assets
€507
Loss
-€1,276
Solvency
-4898.1%
Total assets=
Net result
20192024
Go to Financials

Timeline

Events
23
Since
2005
  1. 25-06-2022Annual accounts filed
  2. 28-06-2021Annual accounts filed
  3. 31-12-2020Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Founded
24-02-2004
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.