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ELIA GRID INTERNATIONAL

Active
Public limited companyfounded 2014active for 12 yearsKeizerslaan 20, 1000 Brussel, BelgiumKBO/BCE: BE 0549.780.459
Summary

ELIA GRID INTERNATIONAL has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9.0m and a net result of €261,552. Equity has been growing by about 21% per year since 2018. Its solvency ranks better than 61% of 3,863 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 28-03-2014 Normal situation
Activity
Business and other management consultancy NACE 70200and 1 other
Establishment units
2.228.654.875 1000 Brussel, since 28-03-2014
2.231.867.060 1000 Brussel, since 02-06-2014
Financial year end
31 December
Peppol
Reachable since 04-11-2025

Board and ownership

Board
and 1 other
Auditor
BDO Réviseurs d'Entreprises SRL/BDO Bedrijfsrevisoren BV
Shareholders
  • Elia Groupannual accounts 2025
  • 50Hertz Transmission GmbHannual accounts 2025
Holdings
Shares in 4 companies including Elia Grid International GmbH and Elia Grid International Inc.

Financial position

89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Turnover
€14.3m
▲ 59.8%
Profit
€261,552
▼ 76.1%
Equity
€9.0m
▲ 3.0%
Total assets
€13.5m
▲ 10.2%
Employees on 31-12-2025
37
▲ 48.0%
  • €1,806 of overdue social security (RSZ) debts on 31-12-2025
Score breakdownraises risk1 of the last 3 accounts latelowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Equity €9.0m (66.4% of total assets)Legal form: public limited companyShow the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 43% of small companies in head offices and management consultancy (NACE 70)
Financial strength · tick: 2024
Average
Solvency 91-5
equity 66.4% of total assets
Liquidity 45-17
short-term debt 31.5% · cash 6.6%
Profitability 18-64
return on assets 1.9%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (4,518 companies, NACE 70, small)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: 0.1%▲ +0.1 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.2%▲ +0.1 percentage points vs 08-2025 10-2025: 0.1%▼ -0.1 percentage points vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: < 0.1%▼ -0.1 percentage points vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: 0.2%▲ +0.2 percentage points vs 06-2026highest value 08-2026: 0.2%● unchanged vs 07-2026highest value 09-2026: 0.2%● unchanged vs 08-2026highest value 10-2026: 0.2%● unchanged vs 09-2026highest value 11-2026: 0.2%● unchanged vs 10-2026highest value
Credit of up to €750,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.89 (3.63 in 2024), above the usual 1.5. Short-term debt is 31.5% and cash 6.6% of total assets. 33.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, small). It does better than 63% of them on solvency, 33% on liquidity, 7% on profitability and 71% on growth.

The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · 1 of the last 3 accounts late
NBB · filings
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Equity €9.0m (66.4% of total assets)
NBB · annual accounts
lowers risk · Legal form: public limited company
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-06-2026, 57 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
57 days early
2024
43 days late
2023
37 days early
2022
47 days early
2021
37 days early
2020
81 days early
2019
79 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 42 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Result fell in 2025from €1.1m to €261,552 ▼ 76.1% View
  • Positive: More equity than 80% of companies in head offices and management consultancysector median €1.1m · 3,863 companies €9.0m View
  • Board changedlatest change 07-11-2025 · 4 in office 1 joined · 1 left View

Recent changes

  1. · Gazette deed 2 directors appointed, 3 directors resigning, 4 reappointedResignations: Catherine Vandenborre (director) and Markus Berger (director) · Appointment: Bernard Gustin (administrateur représentant l'actionnaire de la classe a) · Reappointments: Bernard Gustin, Markus Berger and 2 others
  2. · Gazette deed 3 directors appointed, 1 director resigningResignation: Chris Peeters (director and chair) · Appointments: Catherine Vandenborre (director) and BDO Réviseurs d'Entreprises SRL/BDO Bedrijfsrevisoren BV (statutory auditor)
  3. · Gazette deed Amendment of the articlesCapital €5,000,000, 5,000,000 shares
All 20 events

Comparable companies

These companies have the same main activity as ELIA GRID INTERNATIONAL: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €9.4m and €18m, founded between 2009 and 2015.

CompanyTotal assetsTurnover
ELIA GRID INTERNATIONAL Brussel€13.5m€14.3m
Serco Defence Oudergem€16.6m€11.6m
HertBelgium Grimbergen€17.6m€12.4m
Social Deal België Hasselt€13.4m€16.1m
Open Analytics Antwerpen€9.4m€10.9m
E.B.A Sprimont€13.0m€10.1m
EY Economic and Policy Advisory Services Machelen (Brab.)€9.8m€9.8m
Full comparison

Key facts about ELIA GRID INTERNATIONAL

What is the company number of ELIA GRID INTERNATIONAL?
The company number of ELIA GRID INTERNATIONAL is 0549.780.459. The VAT number is the same number with BE in front: BE 0549.780.459.
Where is ELIA GRID INTERNATIONAL based?
The registered office is at Keizerslaan 20, 1000 Brussel.Company details
What does ELIA GRID INTERNATIONAL do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of ELIA GRID INTERNATIONAL?
The legal form of ELIA GRID INTERNATIONAL is Public limited company (NV).
When was ELIA GRID INTERNATIONAL founded?
ELIA GRID INTERNATIONAL was founded on 28-03-2014.
Is ELIA GRID INTERNATIONAL still active?
Yes, ELIA GRID INTERNATIONAL is an active enterprise in the KBO register.
How many employees does ELIA GRID INTERNATIONAL have?
ELIA GRID INTERNATIONAL had an average of 30.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of ELIA GRID INTERNATIONAL?
The turnover of ELIA GRID INTERNATIONAL was €14.3m in financial year 2025, according to the filed annual accounts.
Is ELIA GRID INTERNATIONAL profitable?
In financial year 2025, ELIA GRID INTERNATIONAL made a profit of €261,552.
Where can I find the annual accounts of ELIA GRID INTERNATIONAL?
ELIA GRID INTERNATIONAL filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ELIA GRID INTERNATIONAL due?
ELIA GRID INTERNATIONAL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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