Financials
- Fiscal year
- 2024
- Total assets
- €168,369
- Profit
- €5,207
- Solvency
- 36.3%
Total assets▲ 1.8%
Net result
20182024
ELICATI
ActiveSummary
The computed 12-month bankruptcy probability of ELICATI is 2.0% (moderate). The 2024 annual accounts show equity of €61,173 and a net result of €5,207. Equity is shrinking by ~3.8% per year across the filed fiscal years. Its solvency ranks better than 38% of 36365 sector peers (fiscal year 2024). The company has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
General electrical installation work
NACE 43211NACE 45310
1 site
How big
€168,369total assets 2024
- Equity
- €61,173
- Profit
- €5,207
Turnover not published (abridged schema)
Who decides
Accounts 63 d overdue0 of 2 deeds read
Why 53- Figures for FY 2024 (filed 03-09-2025)- Sector Specialised construction activities (NACE 43)- Liquidity: current ratio 1.08, cash €3,143+ Founded in 1994Show the evidence
Checked score
Score 2024
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 31% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency
61+2
equity 36.3% of total assets
Liquidity
19+4
short-term debt 63.7% · cash 1.9%
Profitability
45+8
return on assets 3.1%
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 2.6%
12-2024: 3.2%▲ +25.5% vs 11-2024
01-2025: 5.6%▲ +74.4% vs 12-2024
02-2025: 5.6%● 0.0% vs 01-2025
03-2025: 6.1%▲ +8.0% vs 02-2025highest value
04-2025: 3.1%▼ -49.5% vs 03-2025
05-2025: 3.0%▼ -1.4% vs 04-2025
06-2025: 2.9%▼ -4.9% vs 05-2025
07-2025: 3.1%▲ +8.1% vs 06-2025
08-2025: 4.0%▲ +28.3% vs 07-2025
09-2025: 4.3%▲ +8.9% vs 08-2025
10-2025: 1.0%▼ -77.8% vs 09-2025
11-2025: 1.0%● 0.0% vs 10-2025
12-2025: 1.0%● 0.0% vs 11-2025
01-2026: 0.9%▼ -1.7% vs 12-2025
02-2026: 0.9%● 0.0% vs 01-2026
03-2026: 0.9%▼ -2.6% vs 02-2026
04-2026: 0.9%▲ +0.4% vs 03-2026
05-2026: 0.9%▼ -1.4% vs 04-2026
06-2026: 0.9%▼ -2.6% vs 05-2026lowest value
07-2026: 1.0%▲ +8.1% vs 06-2026
08-2026: 1.5%▲ +51.9% vs 07-2026
09-2026: 1.6%▲ +10.8% vs 08-2026
10-2026: 2.0%▲ +25.4% vs 09-2026
- Figures for FY 2024 (filed 03-09-2025) raises the probability
- Founded in 1994 lowers the probability for this profile
- Sector Specialised construction activities (NACE 43) raises the probability
- Liquidity: current ratio 1.08, cash €3,143 raises the probability
Credit up to €3,000 at 30 days acceptable
Liquidity tight (current ratio 1.08 against 1.04 in 2023; short-term debt: 63.7% and cash: 1.9% of total assets), and 63.7% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 38%, liquidity 10%, profitability 22%, growth against the median 54%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610020317, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
219 d late
2022
31 d late
2021
31 d late
2020
31 d late
2019
27 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 61 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
- Back to profitnet €5,207
Key points
By topic
Timeline
- Events
- 14
- Since
- 2016
- 29-08-2025Annual accounts filed
- 07-03-2025Annual accounts filed
- 31-12-2024Back to profit
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- General electrical installation workNACE 43211
- Founded
- 15-11-1994
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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