ELEWAUT
ActiveSummary
The computed 12-month bankruptcy probability of ELEWAUT is 2.1% (moderate). The 2025 annual accounts show equity of €5k and a net result of €49k. Equity is growing by ~45.5% per year across the filed fiscal years. Its solvency ranks better than 10% of 27786 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability94▲+2
Solvency27▼-46
Growth58▼-20
Track record94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
2%
Return on assets
20%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 27786 sector peers (2025).
NBB · sector comparisonPosition among 27786 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
25 d late
2024
30 d late
2023
on the day
2022
21 d early
2021
5 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€5k▼ 96.4%
2024 · €140k
2021: €36k
2022: €62k
2023: €110k
2024: €140k
2021 → 2025
Total assets
€245k▼ 15.1%
2024 · €289k
2021: €121k
2022: €135k
2023: €175k
2024: €289k
2021 → 2025
Net result
€49k▼ 8.6%
2024 · €54k
2021: €32k
2022: €28k
2023: €50k
2024: €54k
2021 → 2025
Working capital
€-66k
2024 · €84k
2021: €33k
2022: €26k
2023: €39k
2024: €84k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€36k-€62k▲ 72.8%€110k▲ 78.4%€140k▲ 27.4%€5k▼ 96.4%
Operating result€42k-€36k▼ 14.4%€72k▲ 101%€74k▲ 2.9%€69k▼ 6.7%
Net result€32k-€28k▼ 14.5%€50k▲ 81.0%€54k▲ 7.4%€49k▼ 8.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 7% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €245k
Fixed assets
€95k ▼ 10.0%
Current assets
€150k ▼ 18.1%
Equity and liabilities €245k
Equity
€5k ▼ 96.4%
Debt
€240k ▲ 61.3%
Debt's share of the balance-sheet total rises from 51.5% to 98.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€92k▲
2024 · €91k
Cash flow
€72k▲
2024 · €71k
Current ratio
0.70▼
2024 · 1.84
Quick ratio
0.52▼
2024 · 1.50
Debt to equity
48.07▲
2024 · 1.06
ROE
980.1%▲
2024 · 38.3%
ROA
20.0%▲
2024 · 18.6%
Interest coverage
13.10▼
2024 · 15.57
Debt ≤ 1 year
€216k▲
2024 · €100k
Debt > 1 year
€24k▼
2024 · €49k
Income taxes
€13k▼
2024 · €15k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€289k€245k▼
Fixed assets21/28€105k€95k▼
Intangible fixed assets21-€3k
Tangible fixed assets22/27€92k€82k▼
Plant, machinery and equipment23€23k€16k▼
Furniture and vehicles24€36k€37k▲
Other tangible fixed assets26€33k€29k▼
Financial fixed assets28€13k€10k▼
Current assets29/58€184k€150k▼
Stocks and contracts in progress3€34k€37k▲
Stocks30/36€34k€37k▲
Amounts receivable within one year40/41€67k€39k▼
Trade receivables40€42k€14k▼
Other amounts receivable41€24k€25k▲
Cash at bank and in hand54/58€73k€74k▲
Deferred charges and accrued income490/1€9k€0▼
Equity and liabilities
Total equity and liabilities10/49€289k€245k▼
Equity10/15€140k€5k▼
Contributions10/11€5k€5k=
Reserves13€135k€0▼
Distributable reserves133€135k€0▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€149k€240k▲
Amounts payable after more than one year17€49k€24k▼
Financial debts170/4€49k€24k▼
Amounts payable within one year42/48€100k€216k▲
Current portion of amounts payable after more than one year42€33k€28k▼
Financial debts43-€6k
Other loans439-€6k
Trade debts44€61k€13k▼
Suppliers440/4€61k€13k▼
Taxes, remuneration and social security45€2k€1k▼
Taxes450/3€2k€1k▼
Other amounts payable47/48€4k€168k▲
Income statement
Code20242025
Non-recurring operating income76A€670€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€23k▲
Other operating charges640/8€1k€3k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€92k€95k▲
Operating profit (loss)9901€74k€69k▼
Financial income75/76B€378€0▼
Recurring financial income75€378€0▼
Financial charges65/66B€6k€7k▲
Recurring financial charges65€6k€7k▲
Profit (loss) for the period before taxes9903€68k€62k▼
Income taxes67/77€15k€13k▼
Profit (loss) for the period9904€54k€49k▼
Profit (loss) for the period to be appropriated9905€54k€49k▼
Appropriation of the result
Profit (loss) to be appropriated9906€54k€49k▼
Transfer from equity791/2-€135k
Transfer to equity691/2€30k€0▼
To other reserves6921€30k€0▼
Profit to be distributed694/7€24k€184k▲
Return on contributions (dividend)694€24k€184k▲
The notes to these accounts (18 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
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-12
Financial
Highest result since 2021net €54k ▲7.4%
Operating result €74k, net result €54k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €110k ▲78.4%
3 profitable years in a row build equity to €110k.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €28k ▼14.5%
Net result drops to €28k, the lowest in the series; recovery starts the following year.
05-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 5 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Evergem · 1 establishment unit since 2020
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.
Hermijtstraat 169940 EvergemGround area
537 m²
Building footprint
99 m²
Parcel 43006C0493/00T000, Flanders. Linked by address, not a title deed.
1 establishment unit
ELEWAUT
since 20202.314.333.985
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43006C0493/00T000 | Flanders | 537 m² | 1 · 99 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 193 EUR awarded · 193 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 131 EUR | 131 EUR |
| 2023 | 1 | 0 EUR | 62 EUR |
| 2022 | 1 | 62 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 7,293 companies in sector 43350 we hold annual accounts for 2,363. 1,005 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-12-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43350Other building finishing work
43410Roofing work
96999Other personal services
96220Beauty care and other beauty treatments
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.