Elias Gits
ActiveFrom the official registers: KBO 5 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
Elias Gits has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1,500 and a net result of €58,599. Equity has been growing by about 44% per year since 2021. Its solvency ranks better than 5% of 15,759 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
KBO- Status
- Active since 19-02-2021 Normal situation
- Legal form
- Private limited company
- Registered office
- Doorniksewijk(Kor) 14, 8500 Kortrijk
- Activity
- Activities of lawyers NACE 69101
- Establishment unit
- 2.314.063.573 8500 Kortrijk, since 19-02-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 10-02-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €89,590
- ▲ 67.6%
- Turnover
- ≈ €210,000
- estimated
- Profit
- €58,599
- ▲ 86.8%
- Equity
- €1,500
- ▼ 98.9%
- Total assets
- €186,635
- ▼ 0.2%
Score breakdownraises riskEquity €1,500 (0.8% of total assets)lowers riskSector: Legal and accounting activities (NACE 69)Liquidity: current ratio 0.76, cash €110,896Size: total assets €186,635Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 69, micro). It does better than 5% of them on solvency, 39% on liquidity, 82% on profitability and 2% on growth.
The bankruptcy probability was computed on 31-10-2026 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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Signals
The company filed its last 5 accounts on average 56 days before the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Key points
- Caution: Equity fell in 2025from €140,228 to €1,500 ▼ 98.9% View
- Caution: Lower solvency than 95% of companies in legal and accountingsector median 56.9% · 15,759 companies 0.8% View
- Positive: Always filed on timeaccounts within the deadline every year 5 years View
- Positive: 5 profitable years in a rowprofit 2025: €58,599 5 years View
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 21-03-2026
- Annual accounts 2024filed on 24-07-2025
- Annual accounts 2023filed on 20-05-2024
- Annual accounts 2022filed on 28-06-2023
Acts in the Belgian Official Gazette
All publications in the Belgian Official GazetteArticles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about Elias Gits
- What is the company number of Elias Gits?
- The company number of Elias Gits is 0763.835.606. The VAT number is the same number with BE in front: BE 0763.835.606.
- Where is Elias Gits based?
- The registered office is at Doorniksewijk(Kor) 14, 8500 Kortrijk.Company details
- What does Elias Gits do?
- According to the KBO register, the main activity is activities of lawyers (NACE 69101).
- What is the legal form of Elias Gits?
- The legal form of Elias Gits is Private limited company (BV).
- When was Elias Gits founded?
- Elias Gits was founded on 19-02-2021.
- Is Elias Gits still active?
- Yes, Elias Gits is an active enterprise in the KBO register.
- What is the turnover of Elias Gits?
- The turnover in financial year 2025 is ≈ €210,000. This figure is estimated from the gross margin of €89,590 and 30 comparable companies (NACE 691). It probably lies between €160,000 and €270,000.Financials
- Is Elias Gits profitable?
- In financial year 2025, Elias Gits made a profit of €58,599.
- Where can I find the annual accounts of Elias Gits?
- Elias Gits filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
- When are the next annual accounts of Elias Gits due?
- Elias Gits must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Comparable companies
These companies have the same main activity as Elias Gits: activities of lawyers (NACE 69101). They are comparable in size and age: total assets between €177,000 and €197,000, founded between 2020 and 2021.
| Company | Total assets | Gross margin |
|---|---|---|
| Elias Gits Kortrijk | €186,635 | €89,590 |
| Advocatenkantoor Herpelinck Johan Oostende | €178,682 | €87,302 |
| AVOSOS Brussel | €188,241 | €89,314 |
| MLE Avocat Verviers | €179,661 | €92,919 |
| Studio-Penale Antwerpen | €196,778 | €88,660 |
| Advocatenkantoor Nancy Wante Gavere | €189,811 | €96,287 |
| Advocatenkantoor De Dijcker Oosterzele | €177,028 | €83,296 |
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