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Eli DV & Partners

Active
Private limited companyfounded 201214 yrs activeKwakkelstraat(STE) 24, 9190 Stekene, BelgiumKBO/BCE: BE 0846.505.439

Eli DV & Partners has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €841k and a net result of €115k. Equity is growing by ~30.5% per year across the filed fiscal years. Its solvency ranks better than 68% of 7426 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2024
88 / 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability68▼-32
Solvency96▲+9
Growth78=
Stability100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity ample (current ratio 1.9 against 1.64 in 2023), and 41.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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 · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 14 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
58.5%
Return on assets
8%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-10-2025, 68 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
68 d late
2023
23 d early
2022
59 d late
2021
18 d late
2020
87 d late
2019
116 d late
← before the deadline after the 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

Financials · fiscal year 2024, abbreviated schema

Equity
€841k▲ 15.8%
2023 · €727k
2018: €180k 2019: €198k 2020: €276k 2021: €422k 2022: €575k 2023: €727k
2018 → 2024
Total assets
€1.44M▲ 0.3%
2023 · €1.43M
2018: €650k 2019: €611k 2020: €713k 2021: €744k 2022: €876k 2023: €1.43M
2018 → 2024
Net result
€115k▼ 24.5%
2023 · €152k
2018: €19k 2019: €17k 2020: €79k 2021: €146k 2022: €153k 2023: €152k
2018 → 2024
Working capital
€430k▼ 0.1%
2023 · €430k
2018: €100k 2019: €107k 2020: €196k 2021: €307k 2022: €338k 2023: €430k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€276k-€422k▲ 52.8%€575k▲ 36.4%€727k▲ 26.4%€841k▲ 15.8%
Operating result€107k-€223k▲ 108%€220k▼ 1.2%€228k▲ 3.5%€177k▼ 22.3%
Net result€79k-€146k▲ 85.5%€153k▲ 5.2%€152k▼ 1.1%€115k▼ 24.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100k€200kOperating result 2020: €107k€107kNet result 2020: €79k€79kOperating result 2021: €223k€223kNet result 2021: €146k€146kOperating result 2022: €220k€220kNet result 2022: €153k€153kOperating result 2023: €228k€228kNet result 2023: €152k€152kOperating result 2024: €177k€177kNet result 2024: €115k€115k20202021202220232024
The operating result falls in 2024; 2024 is 22% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.44M
Fixed assets €533k▲ 61.1%
Current assets €905k▼ 17.9%
Equity and liabilities €1.44M
Equity €841k▲ 15.8%
Debt €598k▼ 15.5%
The debt ratio falls from 49.3% to 41.5%: equity grows while debt is paid down.
Key figures and ratios
2024 value · change against 2023
EBITDA
€234k
2023 · €278k
Cash flow
€171k
2023 · €201k
Solvency
58.5%
2023 · 50.7%
Current ratio
1.90
2023 · 1.64
Quick ratio
0.84
2023 · 0.81
Debt / equity
0.71
2023 · 0.97
ROE
13.6%
2023 · 20.9%
ROA
8.0%
2023 · 10.6%
Interest coverage
18.29
2023 · 30.30
Debt
€598k
2023 · €707k
Debt ≤ 1 year
€475k
2023 · €673k
Debt > 1 year
€120k
2023 · €33k
Income taxes
€51k
2023 · €70k
Staff costs
€234k
2023 · €234k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€1.43M€1.44M
Fixed assets21/28€331k€533k
Tangible fixed assets22/27€329k€532k
Land and buildings22€135k€135k=
Plant, machinery and equipment23€2k€4k
Furniture and vehicles24€162k€168k
Other tangible fixed assets26€30k€25k
Assets under construction and advance payments27-€200k
Financial fixed assets28€2k€2k
Current assets29/58€1.10M€905k
Stocks and contracts in progress3€559k€507k
Stocks30/36€559k€507k
Amounts receivable within one year40/41€444k€265k
Trade receivables40€327k€179k
Other amounts receivable41€117k€86k
Current investments50/53€50k€117k
Cash at bank and in hand54/58€32k€10
Deferred charges and accrued income490/1€18k€16k
Equity and liabilities
Total equity and liabilities10/49€1.43M€1.44M
Equity10/15€727k€841k
Contributions10/11€79k€79k=
Reserves13€648k€763k
Distributable reserves133€648k€763k
Amounts payable17/49€707k€598k
Amounts payable after more than one year17€33k€120k
Financial debts170/4€33k€120k
Amounts payable within one year42/48€673k€475k
Current portion of amounts payable after more than one year42€39k€48k
Financial debts43€59k€79k
Credit institutions430/8€59k€79k
Trade debts44€513k€283k
Suppliers440/4€513k€283k
Taxes, remuneration and social security45€12k€29k
Taxes450/3€2k€12k
Remuneration and social security454/9€10k€18k
Other amounts payable47/48€50k€36k
Accrued charges and deferred income492/3€2k€2k
Income statement Code20232024
Remuneration, social security and pensions62€234k€234k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50k€56k
Other operating charges640/8€4k€156k
Gross operating margin9900€516k€623k
Operating profit (loss)9901€228k€177k
Financial income75/76B€2k€1k
Recurring financial income75€2k€1k
Financial charges65/66B€9k€13k
Recurring financial charges65€9k€13k
Profit (loss) for the period before taxes9903€221k€165k
Income taxes67/77€70k€51k
Profit (loss) for the period9904€152k€115k
Profit (loss) for the period to be appropriated9905€152k€115k
Appropriation of the result
Profit (loss) to be appropriated9906€152k€115k
Transfer to equity691/2€152k€115k
To other reserves6921€152k€115k
Social balance
Average headcount (FTE)90874.73.6

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
07-10
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 68 days late
2024
08-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-09
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 59 days late
2022
31-12
Financial Highest result since 2018net €153k ▲5.2%
Net result €153k, the highest in the series.
31-12
Financial Equity above €500kEq €575k ▲36.4%
5 profitable years in a row build equity to €575k.
18-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 18 days late
2021
26-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 87 days late
2020
31-12
Financial Equity above €200kEq €276k ▲39.8%
3 profitable years in a row build equity to €276k.
24-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 116 days late
2019
31-12
Financial Weakest financial yearnet €17k ▼8.4%
Net result drops to €17k, the lowest in the series; recovery starts the following year.
29-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
28-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
02-10
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 63 days late
2016
31-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
5 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, Stekene · 1 establishment unit since 2012
establishment The establishment unit on the map
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.

Kwakkelstraat(STE) 249190 Stekene
Ground area
2,185 m²
Building footprint
231 m²
Parcel 46024A2056/00L000, Flanders. Linked by address, not a title deed.
1 establishment unit
Eli DV & Partners / R.A.C. / R.A.C. Koeltechniek / Refrigeration and Airconditioning Company
Kwakkelstraat(STE) 24, 9190 StekeneInstallation of electric heating, air conditioning, cooling and ventilation
since 20122.210.415.115
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46024A2056/00L000 Flanders 2,185 m² 1 · 231 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.

Recognitions · licences · registrations

Recognised contractor

2 categories
Eli DV & Partners BV39815
category D17, class 1 · category D18, class 1
decision 09-04-2024

Similar companies · same sector, comparable size

Of 9,475 companies in sector 43222 we hold annual accounts for 5,625. 3,338 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded12-06-2012
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.