ELIOSYS
ActiveSummary
ELIOSYS has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €805k and a net result of €120k. Equity is growing by ~24.6% per year across the filed fiscal years. Its solvency ranks better than 74% of 2008 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
90
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▲+11
Solvency93▲+12
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity ample (current ratio 4.13 against 3.07 in 2024; short-term debt: 15.2% and cash: 34.4% of total assets), and 31.9% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
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
68.1%
Return on assets
10.1%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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
28 d late
2024
29 d late
2023
27 d late
2022
31 d late
2021
31 d late
2020
9 d early
2019
89 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€805k▲ 17.4%
2024 · €686k
2018: €136k
2019: €198k
2020: €199k
2021: €410k
2022: €387k
2023: €676k
2024: €686k
2018 → 2025
Total assets
€1.18M▼ 2.8%
2024 · €1.22M
2018: €435k
2019: €654k
2020: €858k
2021: €949k
2022: €882k
2023: €1.15M
2024: €1.22M
2018 → 2025
Net result
€120k▲ 1,340%
2024 · €8k
2018: €30k
2019: €63k
2020: €502
2021: €211k
2022: €-23k
2023: €289k
2024: €8k
2018 → 2025
Working capital
€564k▲ 9.2%
2024 · €517k
2018: €9k
2019: €335k
2020: €262k
2021: €382k
2022: €298k
2023: €478k
2024: €517k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€410k-€387k▼ 5.7%€676k▲ 74.8%€686k▲ 1.4%€805k▲ 17.4%
Operating result€220k-€-16k€293k€3k▼ 98.9%€126k▲ 3,868%
Net result€211k-€-23k€289k€8k▼ 97.1%€120k▲ 1,340%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 3,868% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.18M
Fixed assets
€438k ▼ 2.9%
Current assets
€744k ▼ 2.8%
Equity and liabilities €1.18M
Equity
€805k ▲ 17.4%
Debt
€378k ▼ 28.9%
Debt's share of the balance-sheet total falls from 43.7% to 31.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€218k▲
2024 · €84k
Cash flow
€211k▲
2024 · €89k
Current ratio
4.13▲
2024 · 3.07
Debt to equity
0.47▼
2024 · 0.77
ROE
14.9%▲
2024 · 1.2%
ROA
10.1%▲
2024 · 0.7%
Interest coverage
25.16▲
2024 · 10.02
Debt ≤ 1 year
€180k▼
2024 · €249k
Debt > 1 year
€196k▼
2024 · €281k
Income taxes
€-1k▼
2024 · €-1k
Staff costs
€265k▼
2024 · €302k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 60 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.22M€1.18M▼
Fixed assets21/28€451k€438k▼
Intangible fixed assets21€79k€100k▲
Tangible fixed assets22/27€368k€334k▼
Land and buildings22€204k€204k=
Plant, machinery and equipment23€75k€87k▲
Furniture and vehicles24€88k€42k▼
Other tangible fixed assets26€1k€947▼
Financial fixed assets28€4k€4k=
Current assets29/58€766k€744k▼
Amounts receivable within one year40/41€219k€222k▲
Trade receivables40€196k€218k▲
Other amounts receivable41€23k€4k▼
Current investments50/53€100k€100k=
Cash at bank and in hand54/58€415k€407k▼
Deferred charges and accrued income490/1€32k€15k▼
Equity and liabilities
Total equity and liabilities10/49€1.22M€1.18M▼
Equity10/15€686k€805k▲
Contributions10/11€140k€140k=
Capital10€140k€140k=
Issued capital100€140k€140k=
Reserves13€120k€120k=
Non-distributable reserves130/1€114k€114k=
Legal reserve130€14k€14k=
Own shares acquired1312€100k€100k=
Tax-exempt reserves132€6k€6k=
Profit (loss) carried forward14€424k€544k▲
Investment grants15€1k€752▼
Amounts payable17/49€531k€378k▼
Amounts payable after more than one year17€281k€196k▼
Financial debts170/4€281k€196k▼
Amounts payable within one year42/48€249k€180k▼
Current portion of amounts payable after more than one year42€105k€96k▼
Trade debts44€86k€62k▼
Suppliers440/4€86k€62k▼
Taxes, remuneration and social security45€56k€18k▼
Taxes450/3€20k€5k▼
Remuneration and social security454/9€36k€14k▼
Other amounts payable47/48€2k€3k▲
Accrued charges and deferred income492/3€959€2k▲
Income statement
Code20242025
Remuneration, social security and pensions62€302k€265k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€80k€92k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0€-7k▼
Other operating charges640/8€3k€9k▲
Non-recurring operating charges66A€775€1k▲
Gross operating margin9900€389k€487k▲
Operating profit (loss)9901€3k€126k▲
Financial income75/76B€12k€499▼
Recurring financial income75€12k€499▼
Financial charges65/66B€8k€9k▲
Recurring financial charges65€8k€9k▲
Profit (loss) for the period before taxes9903€7k€118k▲
Income taxes67/77€-1k€-1k▼
Profit (loss) for the period9904€8k€120k▲
Profit (loss) for the period to be appropriated9905€8k€120k▲
Appropriation of the result
Profit (loss) to be appropriated9906€524k€544k▲
Profit (loss) brought forward from the previous period14P€516k€424k▼
Transfer to equity691/2€100k€0▼
To the legal reserve6920€0-
To other reserves6921€100k€0▼
The notes to these accounts (25 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial
Back to profitnet €289k
Net result €289k after one loss-making year.
31-12
Financial
Equity above €500kEq €676k ▲74.8%
Equity rises from €387k to €676k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €-23k ▼111%
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Equity above €200kEq €410k ▲106%
4 profitable years in a row build equity to €410k.
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 89 days late
2019
31-12
Financial
Liquidity triplescurrent ratio 3.27
Current ratio from 1.04 to 3.27; short-term debt falls from €212k to €148k.
Show earlier events
31-12
Financial
Equity above €150kEq €198k ▲46.4%
2 profitable years in a row build equity to €198k.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Liège · 1 establishment unit since 2009
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.
Rue des Pôles 14000 LiègeGround area
1.5 ha
Building footprint
2,969 m²
Parcel 62826C0049/00B004, Wallonia. Linked by address, not a title deed.
1 establishment unit
Boulevard de Colonster 4, 4000 Liège
since 20092.180.259.892
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62826C0049/00B004 | Wallonia | 1.5 ha | 1 · 2,969 m² | - |
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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IMCHLO
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Of 11,550 companies in sector 71121 we hold annual accounts for 6,563. 3,762 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded17-08-2009
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
71209Other technical testing and analysis
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0497/54.39.38