Debts
€22,738 88% of the balance sheet
Financial debts 14%Suppliers 81%Taxes and wages 3%Other 3%
ELGO TECHNICS
Lifetime
2 annual accounts with figures on one time axispeak €4,623 (2025)
€4,623▲ 213×
lowest -€363 (2024)
€1,406▲ €1,769
peak €3,044 (2025)
€3,044▲ 85.9%
€22,738▼ 23.0%
Board1 name since 2023
1 director
Documentsfilings and deeds
21-08-202621 days late
2025micro format
Gross margin from €22 to €4,623Back to profit: €1,406Equity from €1,637 to €3,044Debts from €29,525 to €22,7381 establishment registeredCash from €12,106 to €267
Key points
from the 2025 annual accountsInvestments
€8,799 5.7 × depreciation
Green is investment, beige is depreciation.
Position in the sector
€3,044
Less equity than 89% of companies in specialised construction. Sector median €57,824 · 37,191 companies.
2025 accounts filed 21 days after the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 7,974 companies had the same profile as ELGO TECHNICS has now. Each dot stands for 20 companies, two years later.
94.4%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,974 companies, not a prediction for ELGO TECHNICS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
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Signals
Recent changes
New establishment in Tournai
Elgo Technics – Électricité & Énergie, Grand'Route (G-R) 263
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0802673713
Incorporation
Founding capital of €2,000, 200 shares · Founder: · Appointment: (director) · published on 15-06-2023 · Gazette deed
First establishment
ELGO TECHNICS, Neerhofstraat 27, Ronse
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ELGO TECHNICS Ronse | €25,782 | €4,623 | 11.8% | - |
| Maksolution Kortrijk | €23,865 | €5,066 | 34.2% | - |
| Kurt on tour Wevelgem | €24,275 | €7,097 | 24.3% | - |
| I&T actief Ghent | €32,036 | €6,280 | -0.6% | - |
| LUCIBAT Drogenbos | €18,773 | €5,849 | 46.0% | - |
| SILVANA CONCEPT Sint-Pieters-Leeuw | €19,246 | €4,662 | 77.7% | - |
| BAX SOLUTIONS Lochristi | €24,947 | €7,300 | 29.2% | - |
These companies have the same main activity as ELGO TECHNICS: demolition (NACE 43110). They are comparable in size and age: total assets between €18,800 and €32,000, founded between 2021 and 2025.
Official details
Source: KBO- Status
- Active since 13-06-2023Normal situation
- Activity
- DemolitionNACE 43110and 2 others
- Establishment units
- 2.347.541.6399600 Ronse, since 13-06-2023
- 2.382.428.7777530 Tournai, since 08-12-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 01-09-2025
Insights on ELGO TECHNICS
The 2025 annual accounts show equity of €3,044 and a net result of €1,406. Its solvency ranks better than 15% of 37,177 sector peers (NACE 43, financial year 2025).
The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ELGO TECHNICS
- What is the company number of ELGO TECHNICS?
- The company number of ELGO TECHNICS is 0802.673.713. The VAT number is the same number with BE in front: BE 0802.673.713.
- Where is ELGO TECHNICS based?
- The registered office is at Neerhofstraat 27, 9600 Ronse.Company details
- What does ELGO TECHNICS do?
- According to the KBO register, the main activity is demolition (NACE 43110).
- What is the legal form of ELGO TECHNICS?
- ELGO TECHNICS is a private limited company (BV).
- When was ELGO TECHNICS founded?
- ELGO TECHNICS was founded on 13-06-2023.
- Is ELGO TECHNICS still active?
- Yes, ELGO TECHNICS is an active enterprise in the KBO register.
- What is the turnover of ELGO TECHNICS?
- The turnover in financial year 2025 is ≈ €46,000. This figure is estimated from the gross margin of €4,623 and 41 comparable companies (NACE 431). It probably lies between €20,000 and €78,000. It is a rough estimate.Financials
- Is ELGO TECHNICS profitable?
- In financial year 2025, ELGO TECHNICS made a profit of €1,406.
- Where can I find the annual accounts of ELGO TECHNICS?
- ELGO TECHNICS filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ELGO TECHNICS due?
- ELGO TECHNICS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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