ELIAS

Active

Private limited companyfounded 20215 yrs activeMeersstraat 181, 1742 Ternat, BelgiumKBO/BCE: BE 0761.603.616

The computed 12-month bankruptcy probability of ELIAS is 1.9% (moderate). The 2025 annual accounts show equity of €5k and a net result of €27k. Equity is growing by ~48.5% per year across the filed fiscal years. Its solvency ranks better than 18% of 7318 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

73 / 100

Healthy▼ -27 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency18▼-82

Growth58▼-20

Stability94

Bankruptcy probability, 12 months

1.9% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €500 at 30 days acceptable

Liquidity tight (current ratio 1.01 against 4.01 in 2024), and 89.7% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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

Sector 41

higher

← fewer bankruptcies more bankruptcies →

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

10.3%

Return on assets

56%

Age of the figures

8 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 7318 sector peers (2025).

NBB · sector comparison

Position among 7318 sector peers

Solvency

better than 18%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

30 d early

2024

29 d early

2023

27 d late

2022

40 d early

2021

24 d late

← before the deadline after the deadline →

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

15-09-2026 today31-12-2026 close31-07-2027 deadline

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 2025, micro schema

Equity

€5k▼ 92.6%

2024 · €68k

2021: €16k 2022: €24k 2023: €45k 2024: €68k

2021 → 2025

Total assets

€49k▼ 45.8%

2024 · €90k

2021: €41k 2022: €43k 2023: €70k 2024: €90k

2021 → 2025

Net result

€27k▲ 20.8%

2024 · €23k

2021: €11k 2022: €8k 2023: €22k 2024: €23k

2021 → 2025

Working capital

€355▼ 99.4%

2024 · €58k

2021: €7k 2022: €15k 2023: €35k 2024: €58k

2021 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€16k-€24k▲ 52.7%€45k▲ 90.3%€68k▲ 49.7%€5k▼ 92.6%

Operating result€12k-€12k▲ 2.5%€28k▲ 136%€28k▼ 2.5%€33k▲ 19.0%

Net result€11k-€8k▼ 22.4%€22k▲ 162%€23k▲ 4.6%€27k▲ 20.8%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result recovers in 2025; 2025 is 19% above 2024 and is the highest year so far.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €49k

10%

90.4%

Fixed assets €5k▼ 60.6%

Current assets €44k▼ 43.6%

Equity and liabilities €49k

10%

89.7%

Equity €5k▼ 92.6%

Debt €44k▲ 101%

The debt ratio rises from 24.2% to 89.7%: debt grows while equity shrinks.

Key figures and ratios

2025 value · change against 2024

EBITDA

€39k▲

2024 · €34k

Cash flow

€34k▲

2024 · €29k

Solvency

10.3%▼

2024 · 75.8%

Current ratio

1.01▼

2024 · 4.01

Quick ratio

1.01▼

2024 · 4.01

Debt / equity

8.72▲

2024 · 0.32

ROE

544.7%▲

2024 · 33.2%

ROA

56.0%▲

2024 · 25.2%

Interest coverage

265.38▲

2024 · 163.20

Debt

€44k▲

2024 · €22k

Debt ≤ 1 year

€44k▲

2024 · €19k

Income taxes

€7k▲

2024 · €6k

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 · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€90k€49k▼

Fixed assets21/28€12k€5k▼

Tangible fixed assets22/27€12k€5k▼

Plant, machinery and equipment23€3k€1k▼

Furniture and vehicles24€9k€3k▼

Current assets29/58€78k€44k▼

Amounts receivable after more than one year29€43k€17k▼

Other amounts receivable291€43k€17k▼

Amounts receivable within one year40/41€6k€9k▲

Other amounts receivable41€6k€9k▲

Cash at bank and in hand54/58€29k€18k▼

Deferred charges and accrued income490/1€539€549▲

Equity and liabilities

Total equity and liabilities10/49€90k€49k▼

Equity10/15€68k€5k▼

Contributions10/11€5k€5k=

Reserves13€63k€0▼

Distributable reserves133€63k€0▼

Amounts payable17/49€22k€44k▲

Amounts payable after more than one year17€2k-

Financial debts170/4€2k-

Amounts payable within one year42/48€19k€44k▲

Current portion of amounts payable after more than one year42€5k€2k▼

Trade debts44€1k€846▼

Suppliers440/4€1k€846▼

Taxes, remuneration and social security45€10k€10k▲

Taxes450/3€10k€10k▲

Other amounts payable47/48€3k€30k▲

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€6k▼

Other operating charges640/8€38€796▲

Gross operating margin9900€34k€40k▲

Operating profit (loss)9901€28k€33k▲

Financial income75/76B€1k€1k▼

Recurring financial income75€1k€1k▼

Financial charges65/66B€211€148▼

Recurring financial charges65€211€148▼

Profit (loss) for the period before taxes9903€29k€34k▲

Income taxes67/77€6k€7k▲

Profit (loss) for the period9904€23k€27k▲

Profit (loss) for the period to be appropriated9905€23k€27k▲

Appropriation of the result

Profit (loss) to be appropriated9906€23k€27k▲

Transfer from equity791/2-€63k

Transfer to equity691/2€23k-

To other reserves6921€23k-

Profit to be distributed694/7-€90k

Return on contributions (dividend)694-€87k

Directors or managers695-€3k

The notes to these accounts (7 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

All 7Financial 2Filings 5

Next filing, fiscal year 2026, expected by 31-07-2027

2026

01-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-12

Financial Highest result since 2021net €27k ▲20.8%

Operating result €33k, net result €27k, both a record.

02-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

27-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 27 days late

2023

21-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Weakest financial yearnet €8k ▼22.4%

Net result drops to €8k, the lowest in the series; recovery starts the following year.

24-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 24 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, Ternat · 1 establishment unit since 2021

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.

Meersstraat 1811742 Ternat

Ground area

647 m²

Building footprint

319 m²

Volume, LiDAR

1,736 m³

Parcel 23071B0090/00R000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

ELIAS

Meersstraat 181, 1742 TernatManufacture of other builders' carpentry and joinery

since 20212.312.777.730

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23071B0090/00R000	Flanders	646 m²	1 · 318 m²	8.2 m · 2 fl.

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.

Similar companies · same sector, comparable size

Nick De Mol

BE 0693.800.814

Moerbeke (Waas) · Eq €5k

Algemene Bouwwerken D'Hooghe Michaël

BE 0748.725.281

Sint-Niklaas · Eq €5k

Of 29,535 companies in sector 41001 we hold annual accounts for 15,872. 6,379 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded14-01-2021

Fiscal year end31-12

Activities, NACEBEL

41001General construction of residential buildings

70200Business and other management consultancy

70220Business consulting

74109Other professional, scientific and technical activities

74140Other specialised design activities

82990Other business support services

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.