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ELIRIS

Active Risk: not assessed
Private limited company (pre-2019)founded 201214 yrs activeAvenue du Président Kennedy 20, 4802 Verviers, BelgiumKBO/BCE: BE 0845.983.916
Summary

ELIRIS is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €1.4m and a net result of €528,503. Equity is growing by ~48.7% per year across the filed fiscal years. Its solvency ranks better than 65% of 8074 sector peers (fiscal year 2025). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals

1 signal. The signal on the left, the evidence on the right.
○neutral
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 filings
Deviation from the deadline
2025
28 d late
2024
27 d late
2023
30 d late
2022
30 d late
2021
26 d late
2020
19 d late
2019
19 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 26 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.

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 months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

ELIRIS was incorporated on 16 May 2012.1 Total assets rose from EUR 248,412 in 2018 to EUR 2 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€1.4m▲ 63.6%
2024 · €830,632
Net result
€528,503▲ 53.7%
2024 · €343,756
Total assets
€2.0m▲ 32.2%
2024 · €1.5m
Solvency
68.6%▲ 13.2pp
2024 · 55.4%
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€2,149-€999▲ 53.5%-€1,286▼ 28.8%€164,517-€1,665
Net result€117,842▲ 4,917%€75,697▼ 35.8%€166,670▲ 120%€343,756▲ 106%€528,503▲ 53.7%
Equity€244,509▲ 93.0%€320,207▲ 31.0%€486,877▲ 52.1%€830,632▲ 70.6%€1.4m▲ 63.6%
Total assets€295,775▲ 35.2%€766,678▲ 159%€1.2m▲ 59.1%€1.5m▲ 22.9%€2.0m▲ 32.2%
Debt€51,266▼ 44.3%€446,472▲ 771%€732,614▲ 64.1%€668,187▼ 8.8%€621,739▼ 7.0%
Working capital€68,766-€173,535€46,473€537,094▲ 1,056%€993,039▲ 84.9%
Solvency82.7%▲ 24.8pp41.8%▼ 40.9pp39.9%▼ 1.8pp55.4%▲ 15.5pp68.6%▲ 13.2pp
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€200,000€0€200,000€400,000€600,000Operating result 2021: -€2,149-€2,149Net result 2021: €117,842€117,842Operating result 2022: -€999-€999Net result 2022: €75,697€75,697Operating result 2023: -€1,286-€1,286Net result 2023: €166,670€166,670Operating result 2024: €164,517€164,517Net result 2024: €343,756€343,756Operating result 2025: -€1,665-€1,665Net result 2025: €528,503€528,50320212022202320242025-€200,000€0€200,000€400,000€600,000Operating result 2023: -€1,286-€1,290Net result 2023: €166,670€167,000Operating result 2024: €164,517€165,000Net result 2024: €343,756€344,000Operating result 2025: -€1,665-€1,660Net result 2025: €528,503€529,000202320242025
The operating result turns negative in 2025: a loss of €1,665 after €164,517 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.0m
Fixed assets €732,036 ▼ 2.2%
Current assets €1.2m ▲ 66.4%
Equity and liabilities €2.0m
Equity €1.4m ▲ 63.6%
Debt €621,739 ▼ 7.0%
Debt's share of the balance-sheet total falls from 44.6% to 31.4%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
ROE
38.9%▼
2024 · 41.4%
ROA
26.7%▲
2024 · 22.9%
Debt ≤ 1 year
€255,800▲
2024 · €213,557
Debt > 1 year
€365,939▼
2024 · €454,630
Income taxes
€52,850▼
2024 · €65,252
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.5m€2.0m▲
Fixed assets21/28€748,168€732,036▼
Tangible fixed assets22/27€59,712€43,579▼
Furniture and vehicles24€59,712€43,579▼
Financial fixed assets28€688,457€688,457=
Current assets29/58€750,651€1.2m▲
Amounts receivable within one year40/41€393,780€636,310▲
Trade receivables40€42,918€22,390▼
Other amounts receivable41€350,862€613,920▲
Cash at bank and in hand54/58€78,302€16,984▼
Deferred charges and accrued income490/1€278,569€595,545▲
Equity and liabilities
Total equity and liabilities10/49€1.5m€2.0m▲
Equity10/15€830,632€1.4m▲
Contributions10/11€12,500€12,500=
Reserves13€818,132€1.3m▲
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€816,272€1.3m▲
Amounts payable17/49€668,187€621,739▼
Amounts payable after more than one year17€454,630€365,939▼
Financial debts170/4€454,630€365,939▼
Amounts payable within one year42/48€213,557€255,800▲
Current portion of amounts payable after more than one year42€85,167€88,691▲
Financial debts43€0€60,000▲
Credit institutions430/8€0€60,000▲
Trade debts44€17,327€0▼
Suppliers440/4€17,327€0▼
Taxes, remuneration and social security45€63,529€75,103▲
Taxes450/3€63,529€75,103▲
Other amounts payable47/48€47,533€32,006▼
Income statement Code20242025
Other operating charges640/8€191€194▲
Gross operating margin9900€164,707-€1,471▼
Operating profit (loss)9901€164,517-€1,665▼
Financial income75/76B€273,035€604,712▲
Recurring financial income75€273,035€604,712▲
Financial charges65/66B€28,544€21,694▼
Recurring financial charges65€28,544€21,694▼
Profit (loss) for the period before taxes9903€409,008€581,354▲
Income taxes67/77€65,252€52,850▼
Profit (loss) for the period9904€343,756€528,503▲
Profit (loss) for the period to be appropriated9905€343,756€528,503▲
Appropriation of the result
Profit (loss) to be appropriated9906€343,756€528,503▲
Transfer to equity691/2€343,756€528,503▲
To other reserves6921€343,756€528,503▲

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€640€0----
Other operating charges640/8€0€164€212€191€194▲ 1.6%
Gross operating margin9900-€1,509-€835-€1,075€164,707-€1,471▼ 101%
Operating profit (loss)9901-€2,149-€999-€1,286€164,517-€1,665▼ 101%
Financial income75/76B€132,794€91,153€195,967€273,035€604,712▲ 121%
Recurring financial income75€132,794€91,153€195,967€273,035€604,712▲ 121%
Financial charges65/66B€1,018€260€11,344€28,544€21,694▼ 24.0%
Recurring financial charges65€1,018€260€11,344€28,544€21,694▼ 24.0%
Profit (loss) for the period before taxes9903€129,626€89,895€183,337€409,008€581,354▲ 42.1%
Income taxes67/77€11,784€14,198€16,667€65,252€52,850▼ 19.0%
Profit (loss) for the period9904€117,842€75,697€166,670€343,756€528,503▲ 53.7%
Profit (loss) for the period to be appropriated9905€117,842€75,697€166,670€343,756€528,503▲ 53.7%
Line20212022202320242025Change
Assets
Total assets20/58€295,775€766,678€1.2m€1.5m€2.0m▲ 32.2%
Fixed assets21/28€180,785€493,741€739,076€748,168€732,036▼ 2.2%
Tangible fixed assets22/27€13,044€0€75,844€59,712€43,579▼ 27.0%
Furniture and vehicles24€13,044€0€75,844€59,712€43,579▼ 27.0%
Other tangible fixed assets26€0-----
Financial fixed assets28€167,741€493,741€663,232€688,457€688,457=
Current assets29/58€114,990€272,937€480,415€750,651€1.2m▲ 66.4%
Amounts receivable within one year40/41€54,172€271,456€258,293€393,780€636,310▲ 61.6%
Trade receivables40€17,813€17,401€12,562€42,918€22,390▼ 47.8%
Other amounts receivable41€36,359€254,055€245,731€350,862€613,920▲ 75.0%
Cash at bank and in hand54/58€59,907€550€20,903€78,302€16,984▼ 78.3%
Deferred charges and accrued income490/1€911€931€201,219€278,569€595,545▲ 114%
Equity and liabilities
Total equity and liabilities10/49€295,775€766,678€1.2m€1.5m€2.0m▲ 32.2%
Equity10/15€244,509€320,207€486,877€830,632€1.4m▲ 63.6%
Contributions10/11€12,500€12,500€12,500€12,500€12,500=
Reserves13€232,009€307,707€474,377€818,132€1.3m▲ 64.6%
Non-distributable reserves130/1€1,860€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860€1,860€1,860€1,860=
Distributable reserves133€230,149€305,847€472,517€816,272€1.3m▲ 64.7%
Amounts payable17/49€51,266€446,472€732,614€668,187€621,739▼ 7.0%
Amounts payable after more than one year17€5,042€0€298,672€454,630€365,939▼ 19.5%
Financial debts170/4€5,042€0€298,672€454,630€365,939▼ 19.5%
Amounts payable within one year42/48€46,224€446,472€433,942€213,557€255,800▲ 19.8%
Current portion of amounts payable after more than one year42€11,969€5,042€38,620€85,167€88,691▲ 4.1%
Financial debts43-€276,000€276,000€0€60,000-
Credit institutions430/8-€276,000€276,000€0€60,000-
Trade debts44€200€410€18,294€17,327€0▼ 100%
Suppliers440/4€200€410€18,294€17,327€0▼ 100%
Taxes, remuneration and social security45€12,958€25,982€7,679€63,529€75,103▲ 18.2%
Taxes450/3€12,958€25,982€7,679€63,529€75,103▲ 18.2%
Other amounts payable47/48€21,097€139,038€93,349€47,533€32,006▼ 32.7%
Line20212022202320242025Change
Profit (loss) for the period9904€117,842€75,697€166,670€343,756€528,503▲ 53.7%
+ Depreciation and write-downs630€640€0----
Operating cash flow (approximation)€118,482€75,697€166,670€343,756€528,503▲ 53.7%
Investment in fixed assets (approximation)--€312,956-€245,335-€9,093€16,132▲ 277%
Change in cash--€59,357€20,353€57,399-€61,318▼ 207%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
28-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial Highest result since 2018net €528,503 ▲53.7%
Net result €528,503, the highest in the series.
31-12
Financial Equity above €1mEq €1.4m ▲63.6%
8 profitable years in a row build equity to €1.4m.
27-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial Liquidity triplescurrent ratio 3.51
Current ratio from 1.11 to 3.51; short-term debt falls from €433,942 to €213,557.
31-12
Financial Equity above €500,000Eq €830,632 ▲70.6%
7 profitable years in a row build equity to €830,632.
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
30-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
26-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-12
Financial Liquidity times 6current ratio 2.49
Current ratio from 0.39 to 2.49; short-term debt falls from €75,037 to €46,224.
31-12
Financial Equity above €200,000Eq €244,509 ▲93%
4 profitable years in a row build equity to €244,509.
19-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
Show earlier events
2020
31-12
Financial Weakest financial yearnet €2,349 ▼94%
Net result drops to €2,349, the lowest in the series; recovery starts the following year.
19-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 19 days late
2019
31-12
Financial Equity above €100,000Eq €124,319 ▲45.7%
2 profitable years in a row build equity to €124,319.
26-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
16-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
27-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
4 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, Verviers · 1 establishment unit since 2012
seat establishment The establishment unit on the map
Ground area
1,990 m²
Building footprint
58 m²
Volume, LiDAR
584 m³
2 parcels, Wallonia · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
ELIRIS
Rue de Jehanster 49, 4800 VerviersHoldings
since 20122.209.518.161
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
63036A0180/00H000 Wallonia 1,762 m² - -
63572C0145/00W000 Wallonia 228 m² 1 · 58 m² 11.5 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

3 holdings

Owners 0

The accounts to 31-12-2022 list no shareholders, and no other source names one.

Holdings 3

According to the 2022 annual accounts of ELIRIS and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 24,729 companies in sector 64210 we hold annual accounts for 19,773. 11,992 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded16-05-2012
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID 0208:0845983916
Registered 23-10-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.