ELIESE
ActiveELIESE has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €274k and a net result of €76k. Equity is growing by ~14.5% per year across the filed fiscal years. Its solvency ranks better than 75% of 27619 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability93▲+20
Solvency95▲+21
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity short (current ratio 0.05 against 0.02 in 2024; short-term debt: 24.2% and cash: 0% of total assets), and 29.6% of the assets are financed with debt.
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
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
70.4%
Return on assets
19.4%
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
1 d early
2023
1 d early
2022
41 d early
2021
20 d early
2020
3 d early
2019
24 d late
← 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 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€274k▲ 38.1%
2024 · €198k
2019: €111k
2020: €129k
2021: €131k
2022: €122k
2023: €186k
2024: €198k
2019 → 2025
Total assets
€389k▼ 4.0%
2024 · €405k
2019: €395k
2020: €401k
2021: €367k
2022: €319k
2023: €452k
2024: €405k
2019 → 2025
Net result
€76k▲ 495%
2024 · €13k
2019: €-567
2020: €18k
2021: €2k
2022: €-8k
2023: €63k
2024: €13k
2019 → 2025
Working capital
€-89k▲ 49.7%
2024 · €-177k
2019: €-53k
2020: €-65k
2021: €-92k
2022: €-142k
2023: €-233k
2024: €-177k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€131k-€122k▼ 6.3%€186k▲ 51.8%€198k▲ 6.8%€274k▲ 38.1%
Operating result€13k-€-3k€93k€20k▼ 78.0%€105k▲ 413%
Net result€2k-€-8k€63k€13k▼ 79.9%€76k▲ 495%
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 413% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €389k
Fixed assets
€384k▼ 4.3%
Current assets
€5k▲ 29.3%
Equity and liabilities €389k
Equity
€274k▲ 38.1%
Provisions
€21k▼ 10.6%
Debt
€94k▼ 48.6%
The debt ratio falls from 45.3% to 24.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€154k▲
2024 · €65k
Cash flow
€125k▲
2024 · €58k
Solvency
70.4%▲
2024 · 49.0%
Current ratio
0.05▲
2024 · 0.02
Quick ratio
0.05▲
2024 · 0.02
Debt / equity
0.34▼
2024 · 0.92
ROE
27.6%▲
2024 · 6.4%
ROA
19.4%▲
2024 · 3.1%
Interest coverage
200.42▲
2024 · 22.33
Debt
€94k▼
2024 · €183k
Debt ≤ 1 year
€94k▼
2024 · €181k
Income taxes
€31k▲
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€405k€389k▼
Fixed assets21/28€401k€384k▼
Intangible fixed assets21€401k€356k▼
Tangible fixed assets22/27-€28k
Plant, machinery and equipment23-€4k
Furniture and vehicles24-€24k
Financial fixed assets28€19€19=
Current assets29/58€4k€5k▲
Amounts receivable within one year40/41€2k€4k▲
Trade receivables40€2k€1k▼
Other amounts receivable41-€3k
Cash at bank and in hand54/58€258€23▼
Deferred charges and accrued income490/1€1k€541▼
Equity and liabilities
Total equity and liabilities10/49€405k€389k▼
Equity10/15€198k€274k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€136k€212k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€70k€62k▼
Distributable reserves133€60k€143k▲
Provisions and deferred taxes16€23k€21k▼
Deferred taxes168€23k€21k▼
Amounts payable17/49€183k€94k▼
Amounts payable within one year42/48€181k€94k▼
Trade debts44€7k€13k▲
Suppliers440/4€7k€13k▲
Advances received on contracts in progress46€110k€38k▼
Taxes, remuneration and social security45€14k€44k▲
Taxes450/3€14k€44k▲
Other amounts payable47/48€50k€0▼
Accrued charges and deferred income492/3€2k€0▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€49k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€3k€2k▼
Gross operating margin9900€69k€156k▲
Operating profit (loss)9901€20k€105k▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€3k€770▼
Recurring financial charges65€3k€770▼
Profit (loss) for the period before taxes9903€18k€104k▲
Transfer from deferred taxes780€1k€2k▲
Transfer to deferred taxes680€0-
Income taxes67/77€6k€31k▲
Profit (loss) for the period9904€13k€76k▲
Transfer from tax-exempt reserves789€4k€7k▲
Transfer to tax-exempt reserves689€0-
Profit (loss) for the period to be appropriated9905€16k€83k▲
Appropriation of the result
Profit (loss) to be appropriated9906€16k€83k▲
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€16k€83k▲
To other reserves6921€16k€83k▲
The notes to these accounts (12 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 · micro schema
2025
30-06
Financial
Highest result since 2019net €76k ▲495%
Operating result €105k, net result €76k, both a record.
30-06
Financial
Equity above €200kEq €274k ▲38.1%
3 profitable years in a row build equity to €274k.
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Back to profitnet €63k
Net result €63k after one loss-making year.
30-06
Financial
Equity above €150kEq €186k ▲51.8%
Equity rises from €122k to €186k.
2022
21-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Weakest financial yearnet €-8k ▼580%
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
11-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
24-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
14-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
28-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
08-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 36 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Zedelgem · 1 establishment unit since 2001
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.
Molendreef 98210 ZedelgemGround area
775 m²
Building footprint
221 m²
Volume, LiDAR
1,101 m³
Parcel 31017B0312/00Y000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ELIESE
since 20012.092.248.725
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31017B0312/00Y000 | Flanders | 775 m² | 1 · 221 m² | 8.0 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.
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Of 22,822 companies in sector 43211 we hold annual accounts for 10,327. 7,748 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded02-09-1999
Fiscal year end30-06
Activities, NACEBEL
43211General electrical installation work
45310
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.