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ELINOVA

Active
Private limited companyfounded 2021active for 5 yearsDrukpersstraat 4, 1000 Brussel, Belgium261 active companies are registered at this addressKBO/BCE: BE 0761.656.965
Summary

ELINOVA has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12,977 and a net result of €24,344. Equity is growing by about 58% per year across the filed financial years. Its solvency ranks better than 22% of 34,678 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Activity
General electrical installation work
NACE 43211
1 site
Size
€62,986total assets 2025
Equity
€12,977
Profit
€24,344
Turnover not published (micro format)
Financial health
68 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Structure
2025 accounts 141 days early1 deed in the Belgian Official Gazette
Why 68raises riskFounded in 2021Size: total assets €62,986lowers riskLiquidity: current ratio 1.13, cash €23,384Figures for financial year 2025 (filed 12-03-2026)Show the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 42% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Strong
Solvency 46-54
equity 20.6% of total assets
Liquidity 53-16
short-term debt 79.4% · cash 37.1%
Profitability 100=
return on assets 38.6%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,621 companies, NACE 43, micro)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.5%● unchanged vs 12-2024lowest value 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.6%▲ +0.1 percentage points vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.6%● unchanged vs 06-2025 08-2025: 0.6%● unchanged vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.8%▲ +0.2 percentage points vs 03-2026highest value 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026 08-2026: 0.8%● unchanged vs 07-2026 09-2026: 0.8%● unchanged vs 08-2026 10-2026: 0.8%● unchanged vs 09-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity tight (current ratio 1.13, compared with 44.04 in 2024, below the usual 1.5; short-term debt: 79.4% and cash: 37.1% of total assets), and 79.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 22% on solvency, 48% on liquidity, 92% on profitability and 5% on growth.

The bankruptcy probability was computed on 24-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.13, cash €23,384
NBB · annual accounts
raises risk · Founded in 2021
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Figures for financial year 2025 (filed 12-03-2026)
NBB · annual accounts
raises risk · Size: total assets €62,986
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 34678 sector peers (2025).
NBB · sector comparison
Position among 34678 sector peers
Solvency
better than 22%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-03-2026, 141 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
141 days early
2024
31 days early
2023
9 days early
2022
4 days early
2021
18 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 41 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 13 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. General meeting · Director resignationPermanent representative · Board rule
  2. Annual accounts filedfinancial year 2025 · micro…
  3. General meeting · Director resignationBoard rule · Director appointment

Key points

  • Caution: Equity fell in 2025from €88,634 to €12,977 ▼ 85.4% View
  • Caution: Among the weakest 19% on equitysector median €57,779 · 34,690 companies €12,977 View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View
  • Positive: 5 profitable years in a rowprofit 2025: €24,344 5 years View

By topic

Financials

Financial year
2025
Total assets
€62,986
Profit
€24,344
Solvency
20.6%
Total assets▼ 30.5%
Net result
20212025
Go to Financials

Timeline

Events
10
Since
2022
Next accounts
by 31-07-2027
  1. 30-06-2025Annual accounts filed
  2. 31-12-2024Highest result from 2021 to 2025
  3. 31-12-2024Liquidity more than 11 times
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General electrical installation workNACE 43211
Founded
15-01-2021
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about ELINOVA

What is the company number of ELINOVA?
0761.656.965. In Belgium the VAT number is the company number with BE in front: BE 0761.656.965.
Where is ELINOVA based?
The registered office is at Drukpersstraat 4, 1000 Brussel.Company details
What does ELINOVA do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of ELINOVA?
Private limited company (BV).
When was ELINOVA founded?
On 15-01-2021.
Is ELINOVA still active?
Yes, ELINOVA is an active enterprise in the KBO register.
What is the turnover of ELINOVA?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is ELINOVA profitable?
In financial year 2025, ELINOVA made a profit of €24,344.
Where can I find the annual accounts of ELINOVA?
ELINOVA filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ELINOVA due?
By 31-07-2027, for financial year 2026.Timeline

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