ELIEKO
ActiveELIEKO has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €204k and a net result of €23k. Equity is growing by ~11.4% per year across the filed fiscal years. Its solvency ranks better than 59% of 7689 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
100
/ 100
Excellent▲ +19 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability57▼-7
Solvency94▲+42
Growth78=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 1.92 against 1.32 in 2024), and 48.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
51.6%
Return on assets
5.8%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
4 d late
2023
on the day
2022
1 d early
2021
41 d early
2020
23 d late
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close15-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€204k▲ 12.8%
2024 · €180k
2019: €135k
2020: €80k
2021: €130k
2022: €145k
2023: €157k
2024: €180k
2019 → 2025
Total assets
€395k▼ 37.4%
2024 · €630k
2019: €469k
2020: €434k
2021: €339k
2022: €442k
2023: €471k
2024: €630k
2019 → 2025
Net result
€23k▲ 0.1%
2024 · €23k
2019: €7k
2020: €-54k
2021: €50k
2022: €15k
2023: €12k
2024: €23k
2019 → 2025
Working capital
€176k▲ 24.1%
2024 · €142k
2019: €149k
2020: €62k
2021: €111k
2022: €105k
2023: €114k
2024: €142k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€130k-€145k▲ 11.4%€157k▲ 8.3%€180k▲ 14.6%€204k▲ 12.8%
Operating result€53k-€21k▼ 61.5%€34k▲ 64.7%€59k▲ 74.7%€47k▼ 20.6%
Net result€50k-€15k▼ 70.3%€12k▼ 18.7%€23k▲ 90.5%€23k▲ 0.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 21% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €395k
Fixed assets
€28k▼ 38.4%
Current assets
€367k▼ 37.3%
Equity and liabilities €395k
Equity
€204k▲ 12.8%
Debt
€191k▼ 57.5%
The debt ratio falls from 71.4% to 48.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€65k▼
2024 · €86k
Cash flow
€41k▼
2024 · €50k
Solvency
51.6%▲
2024 · 28.6%
Current ratio
1.92▲
2024 · 1.32
Quick ratio
1.44▲
2024 · 0.76
Debt / equity
0.94▼
2024 · 2.49
ROE
11.3%▼
2024 · 12.8%
ROA
5.8%▲
2024 · 3.7%
Interest coverage
7.17▲
2024 · 4.03
Debt
€191k▼
2024 · €450k
Debt ≤ 1 year
€191k▼
2024 · €443k
Income taxes
€16k▲
2024 · €15k
Staff costs
€845k▲
2024 · €770k
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€630k€395k▼
Fixed assets21/28€45k€28k▼
Tangible fixed assets22/27€44k€27k▼
Land and buildings22€211-
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€40k€24k▼
Financial fixed assets28€1k€1k=
Current assets29/58€585k€367k▼
Stocks and contracts in progress3€247k€91k▼
Stocks30/36€49k€36k▼
Contracts in progress37€198k€55k▼
Amounts receivable within one year40/41€311k€240k▼
Trade receivables40€256k€212k▼
Other amounts receivable41€55k€27k▼
Cash at bank and in hand54/58€15k€31k▲
Deferred charges and accrued income490/1€11k€5k▼
Equity and liabilities
Total equity and liabilities10/49€630k€395k▼
Equity10/15€180k€204k▲
Contributions10/11€19k€20k▲
Reserves13€2k-
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Profit (loss) carried forward14€160k€183k▲
Amounts payable17/49€450k€191k▼
Amounts payable after more than one year17€6k-
Financial debts170/4€6k-
Amounts payable within one year42/48€443k€191k▼
Current portion of amounts payable after more than one year42€56k€51k▼
Trade debts44€259k€20k▼
Suppliers440/4€259k€20k▼
Taxes, remuneration and social security45€32k€47k▲
Taxes450/3€5k€16k▲
Remuneration and social security454/9€27k€31k▲
Other amounts payable47/48€96k€73k▼
Income statement
Code20242025
Non-recurring operating income76A-€4k
Remuneration, social security and pensions62€770k€845k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€18k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€857k€912k▲
Operating profit (loss)9901€59k€47k▼
Financial income75/76B-€893
Recurring financial income75-€893
Financial charges65/66B€21k€9k▼
Recurring financial charges65€21k€9k▼
Profit (loss) for the period before taxes9903€38k€39k▲
Income taxes67/77€15k€16k▲
Profit (loss) for the period9904€23k€23k▲
Profit (loss) for the period to be appropriated9905€23k€23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€160k€183k▲
Profit (loss) brought forward from the previous period14P€137k€160k▲
Transfer from equity791/2-€2k
Transfer to equity691/2-€2k
To other reserves6921-€2k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Equity above €200kEq €204k ▲12.8%
5 profitable years in a row build equity to €204k.
04-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 4 days late
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Equity above €150kEq €157k ▲8.3%
3 profitable years in a row build equity to €157k.
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
21-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
30-06
Financial
Back to profitnet €50k
Net result €50k after one loss-making year.
30-06
Financial
Equity above €100kEq €130k ▲62.4%
Equity rises from €80k to €130k.
23-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 23 days late
2020
30-06
Financial
Weakest financial yearnet €-54k ▼881%
Net result drops to €-54k, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 3 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Wielsbeke · 1 establishment unit since 2006
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.
Guido Gezellestraat(O) 318710 WielsbekeGround area
3,279 m²
Building footprint
286 m²
Volume, LiDAR
755 m³
2 parcels, Flanders · tallest building 6.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Elieko
since 20062.152.431.582
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37009A0344/00M000 | Flanders | 2,962 m² | 1 · 182 m² | 6.4 m · 1 fl. |
| 34006B0487/00X007 | Flanders | 317 m² | 1 · 104 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
4 categoriesELIEKO BV41744
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Of 22,729 companies in sector 43211 we hold annual accounts for 10,274. 8,208 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-03-2006
Fiscal year end30-06
Activities, NACEBEL
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.