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ELI BOUW

Active
Private limited companyfounded 20232 yrs activePriesterlindestraat 7, 1850 Grimbergen, BelgiumKBO/BCE: BE 1002.560.722
Summary

The computed 12-month bankruptcy probability of ELI BOUW is 2.0% (moderate). The 2025 annual accounts show equity of €77,148 and a net result of €29,439. Its solvency ranks better than 45% of 7625 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability87▲+19
Solvency64▲+26
Growth52
Track record82
Bankruptcy probability, 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity ample (current ratio 1.93 against 1.15 in 2024; short-term debt: 51.3% and cash: 8.7% of total assets), but 61.3% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← 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 2025
Solvency, return and age of the figures
Solvency
38.7%
Return on assets
14.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-09-2026, 49 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 · 2 filings
Deviation from the deadline
2025
49 d late
2024
61 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 55 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

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 months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

ELI BOUW was incorporated on 22 November 2023 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€77,148▲ 61.7%
2024 · €47,708
Total assets
€199,514▼ 46.8%
2024 · €374,685
Net result
€29,439▼ 35.6%
2024 · €45,708
Working capital
€95,527▲ 100%
2024 · €47,708
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result€61,948-€44,765▼ 27.7%
Net result€45,708above the sector's middle half-€29,439above the sector's middle half▼ 35.6%
Equity€47,708within the sector's middle half-€77,148within the sector's middle half▲ 61.7%
Total assets€374,685above the sector's middle half-€199,514within the sector's middle half▼ 46.8%
Debt€326,977-€122,367▼ 62.6%
Working capital€47,708within the sector's middle half-€95,527above the sector's middle half▲ 100%
Solvency12.7%below the sector's middle half-38.7%within the sector's middle half▲ 25.9pp
Current ratio1.15within the sector's middle half-1.93within the sector's middle half▲ 0.79
Return on assets (ROA)12.2%within the sector's middle half-14.8%within the sector's middle half▲ 2.6pp
above within below the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000Operating result 2024: €61,948€61,948Net result 2024: €45,708€45,708Operating result 2025: €44,765€44,765Net result 2025: €29,439€29,43920242025€0€20,000€40,000€60,000Operating result 2024: €61,948€61,900Net result 2024: €45,708€45,700Operating result 2025: €44,765€44,800Net result 2025: €29,439€29,40020242025
The operating result falls in 2025; 2025 is 28% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €199,514
Fixed assets €1,620
Current assets €197,894
Equity and liabilities €199,514
Equity €77,148 ▲ 61.7%
Debt €122,367 ▼ 62.6%
Debt's share of the balance-sheet total falls from 87.3% to 61.3%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€45,614
Cash flow
€30,288
Debt to equity
1.59▼
2024 · 6.85
ROE
38.2%▼
2024 · 95.8%
Interest coverage
344.05
Debt ≤ 1 year
€102,367▼
2024 · €326,977
Income taxes
€15,193▼
2024 · €15,997
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.0% 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 497,340 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% 1.0%
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% 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 39,278 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 against 2024 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€374,685€199,514▼
Fixed assets21/28-€1,620
Tangible fixed assets22/27-€1,620
Furniture and vehicles24-€1,620
Current assets29/58€374,685€197,894▼
Amounts receivable within one year40/41€357,849€180,465▼
Trade receivables40€311,378€163,878▼
Other amounts receivable41€46,470€16,587▼
Cash at bank and in hand54/58€16,836€17,428▲
Equity and liabilities
Total equity and liabilities10/49€374,685€199,514▼
Equity10/15€47,708€77,148▲
Contributions10/11€2,000€2,000=
Profit (loss) carried forward14€45,708€75,148▲
Amounts payable17/49€326,977€122,367▼
Amounts payable within one year42/48€326,977€102,367▼
Trade debts44€294,615€55,291▼
Suppliers440/4€294,615€55,291▼
Taxes, remuneration and social security45€27,707€44,076▲
Taxes450/3€15,997€31,191▲
Remuneration and social security454/9€11,710€12,885▲
Other amounts payable47/48€4,654€3,000▼
Accrued charges and deferred income492/3-€20,000
Income statement Code20242025
Goods, raw materials, services and sundry goods60/61€446,873€1.1m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€849
Other operating charges640/8-€1,791
Gross operating margin9900€61,948€47,406▼
Operating profit (loss)9901€61,948€44,765▼
Financial charges65/66B€62€133▲
Recurring financial charges65€62€133▲
Profit (loss) for the period before taxes9903€61,886€44,633▼
Transfer to deferred taxes680€180-
Income taxes67/77€15,997€15,193▼
Profit (loss) for the period9904€45,708€29,439▼
Profit (loss) for the period to be appropriated9905€45,708€29,439▼
Appropriation of the result
Profit (loss) to be appropriated9906€45,708€75,148▲
Profit (loss) brought forward from the previous period14P-€45,708

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Goods, raw materials, services and sundry goods60/61€446,873€1.1m▲ 142%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€849-
Other operating charges640/8-€1,791-
Gross operating margin9900€61,948€47,406▼ 23.5%
Operating profit (loss)9901€61,948€44,765▼ 27.7%
Financial charges65/66B€62€133▲ 115%
Recurring financial charges65€62€133▲ 115%
Profit (loss) for the period before taxes9903€61,886€44,633▼ 27.9%
Transfer to deferred taxes680€180--
Income taxes67/77€15,997€15,193▼ 5.0%
Profit (loss) for the period9904€45,708€29,439▼ 35.6%
Profit (loss) for the period to be appropriated9905€45,708€29,439▼ 35.6%
Line20242025Change
Assets
Total assets20/58€374,685€199,514▼ 46.8%
Fixed assets21/28-€1,620-
Tangible fixed assets22/27-€1,620-
Furniture and vehicles24-€1,620-
Current assets29/58€374,685€197,894▼ 47.2%
Amounts receivable within one year40/41€357,849€180,465▼ 49.6%
Trade receivables40€311,378€163,878▼ 47.4%
Other amounts receivable41€46,470€16,587▼ 64.3%
Cash at bank and in hand54/58€16,836€17,428▲ 3.5%
Equity and liabilities
Total equity and liabilities10/49€374,685€199,514▼ 46.8%
Equity10/15€47,708€77,148▲ 61.7%
Contributions10/11€2,000€2,000=
Profit (loss) carried forward14€45,708€75,148▲ 64.4%
Amounts payable17/49€326,977€122,367▼ 62.6%
Amounts payable within one year42/48€326,977€102,367▼ 68.7%
Trade debts44€294,615€55,291▼ 81.2%
Suppliers440/4€294,615€55,291▼ 81.2%
Taxes, remuneration and social security45€27,707€44,076▲ 59.1%
Taxes450/3€15,997€31,191▲ 95.0%
Remuneration and social security454/9€11,710€12,885▲ 10.0%
Other amounts payable47/48€4,654€3,000▼ 35.5%
Accrued charges and deferred income492/3-€20,000-
Line20242025Change
Profit (loss) for the period9904€45,708€29,439▼ 35.6%
+ Depreciation and write-downs630-€849-
Operating cash flow (approximation)€45,708€30,288▼ 33.7%
Change in cash-€592-

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
18-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 49 days late
2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Grimbergen · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
1,287 m²
Building footprint
894 m²
Volume, LiDAR
369 m³
2 parcels, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Sint-Katharinastraat 7, 3300 Tienen
Cutting, shaping and finishing of stone
since 20232.365.616.204
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24593G0579/00Y002 Flanders 900 m² 1 · 820 m² -
23402D0393/00D010 Flanders 387 m² 1 · 75 m² 7.7 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 29,766 companies in sector 41001 we hold annual accounts for 16,055. 13,217 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded22-11-2023
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43211General electrical installation work
43221Plumbing work
43240Other construction installation
43410Roofing work
E-invoicing
Reachable via Peppol
Peppol ID 0208:1002560722
Also 9925:BE1002560722

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.