ELEVEN MANAGEMENT
ActiveELEVEN MANAGEMENT has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €918k and a net result of €22k. Equity is shrinking by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 67% of 2295 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability40▼-35
Solvency73▲+5
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 4.09 against 9.11 in 2024; short-term debt: 12.4% and cash: 6.6% of total assets), but 51.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sector 93
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
48.4%
Return on assets
1.1%
Age of the figures
15 mo
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 31-01-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
193 d late
2023
272 d late
2022
13 d late
2021
32 d late
2020
26 d late
2019
3 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close22-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€22k▼ 82.9%
2024 · €127k
2019: €154k
2020: €483k
2021: €187k
2022: €-62k
2023: €45k
2024: €127k
2019 → 2025
Working capital
€726k▼ 17.6%
2024 · €881k
2019: €640k
2020: €1.05M
2021: €1.01M
2022: €912k
2023: €833k
2024: €881k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.25M-€1.19M▼ 4.9%€1.08M▼ 9.4%€1.05M▼ 2.4%€918k▼ 12.6%
Operating result€330k-€-28k€91k€230k▲ 152%€80k▼ 65.0%
Net result€187k-€-62k€45k€127k▲ 181%€22k▼ 82.9%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 65% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.90M
Fixed assets
€935k▼ 34.5%
Current assets
€961k▼ 3.0%
Equity and liabilities €1.90M
Equity
€918k▼ 12.6%
Provisions
€59k=
Debt
€919k▼ 29.8%
The debt ratio falls from 54.1% to 48.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€113k▼
2024 · €315k
Cash flow
€55k▼
2024 · €213k
Solvency
48.4%▲
2024 · 43.4%
Current ratio
4.09▼
2024 · 9.11
Quick ratio
4.09▼
2024 · 9.11
Debt / equity
1.00▼
2024 · 1.25
ROE
2.4%▼
2024 · 12.1%
ROA
1.1%▼
2024 · 5.3%
Interest coverage
2.40▼
2024 · 6.94
Debt
€919k▼
2024 · €1.31M
Debt ≤ 1 year
€235k▲
2024 · €109k
Debt > 1 year
€684k▼
2024 · €1.20M
Income taxes
€15k▲
2024 · €500
Staff costs
€5k▼
2024 · €8k
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€2.42M€1.90M▼
Fixed assets21/28€1.43M€935k▼
Tangible fixed assets22/27€1.42M€931k▼
Land and buildings22€1.25M€880k▼
Plant, machinery and equipment23€5k€4k▼
Furniture and vehicles24€83k€9k▼
Other tangible fixed assets26€84k€39k▼
Financial fixed assets28€5k€5k=
Current assets29/58€990k€961k▼
Amounts receivable within one year40/41€714k€828k▲
Trade receivables40€207k€163k▼
Other amounts receivable41€507k€665k▲
Current investments50/53-€9k
Cash at bank and in hand54/58€276k€124k▼
Equity and liabilities
Total equity and liabilities10/49€2.42M€1.90M▼
Equity10/15€1.05M€918k▼
Contributions10/11€9k€9k=
Reserves13€993k€839k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€178k€178k=
Distributable reserves133€815k€661k▼
Profit (loss) carried forward14€48k€70k▲
Provisions and deferred taxes16€59k€59k=
Deferred taxes168€59k€59k=
Amounts payable17/49€1.31M€919k▼
Amounts payable after more than one year17€1.20M€684k▼
Financial debts170/4€1.19M€674k▼
Other amounts payable178/9€11k€11k=
Amounts payable within one year42/48€109k€235k▲
Current portion of amounts payable after more than one year42€90k€35k▼
Trade debts44€0€68k▲
Suppliers440/4€0€68k▲
Taxes, remuneration and social security45€19k€44k▲
Taxes450/3€19k€40k▲
Remuneration and social security454/9-€4k
Other amounts payable47/48-€88k
Income statement
Code20242025
Non-recurring operating income76A€264k€289k▲
Remuneration, social security and pensions62€8k€5k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€85k€33k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€33k
Other operating charges640/8€15k€11k▼
Non-recurring operating charges66A-€15k
Gross operating margin9900€338k€178k▼
Operating profit (loss)9901€230k€80k▼
Financial income75/76B€3k€3k▲
Recurring financial income75€3k€3k▲
Financial charges65/66B€45k€47k▲
Recurring financial charges65€45k€47k▲
Profit (loss) for the period before taxes9903€187k€37k▼
Transfer to deferred taxes680€59k€0▼
Income taxes67/77€500€15k▲
Profit (loss) for the period9904€127k€22k▼
Transfer to tax-exempt reserves689€178k€0▼
Profit (loss) for the period to be appropriated9905€-51k€22k▲
Appropriation of the result
Profit (loss) to be appropriated9906€48k€70k▲
Profit (loss) brought forward from the previous period14P€99k€48k▼
Transfer from equity791/2€153k€154k▲
Profit to be distributed694/7€153k€154k▲
Return on contributions (dividend)694€153k€154k▲
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 193 days late
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 272 days late
30-06
Financial
Liquidity triplescurrent ratio 9.11
Current ratio from 3.16 to 9.11; short-term debt falls from €385k to €109k.
2023
30-06
Financial
Back to profitnet €45k
Net result €45k after one loss-making year.
13-02
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 13 days late
2022
30-06
Financial
Weakest financial yearnet €-62k ▼133%
Net result drops to €-62k, the lowest in the series; recovery starts the following year.
04-03
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 32 days late
2021
26-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 26 days late
2020
30-06
Financial
Highest result since 2019net €483k ▲214%
Operating result €839k, net result €483k, both a record.
30-06
Financial
Equity above €1MEq €1.28M ▲52.8%
2 profitable years in a row build equity to €1.28M.
28-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
29-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
29-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
29-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 acts for this company are 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, Ukkel · 2 establishment units since 1998
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.
Jean en Pierre Carsoellaan 791180 UkkelGround area
8,150 m²
Building footprint
1,175 m²
Volume, LiDAR
10,658 m³
3 parcels, Brussels, Flanders · tallest building 17.2 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
ELEVEN MANAGEMENT
since 19982.088.725.843
Jonetlaan 18, 1640 Sint-Genesius-Rode
since 20102.194.317.667
3 parcels
Flanders
1
(33.3%)
Brussels
2
(66.7%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612D0082/00L003 | Brussels | 4,695 m² | 1 · 352 m² | 17.2 m · 5 fl. |
| 22552F0002/00R083 | Flanders | 2,507 m² | 1 · 277 m² | 12.1 m · 3 fl. |
| 21614H0054/00W013 | Brussels | 947 m² | 1 · 546 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 259 companies in sector 93191 we hold annual accounts for 103. 89 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-10-1998
Fiscal year end30-06
Activities, NACEBEL
93191Sports, amusement and recreation activities
93110Operation of sports facilities
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.