ELISAV

Active

Private limited companyfounded 20224 yrs activeLambermontlaan 221, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0786.523.609

Summary

The computed 12-month bankruptcy probability of ELISAV is 2.3% (moderate). The 2025 annual accounts show equity of €102,713 and a net result of €57,776. Equity is growing by ~76.5% per year across the filed fiscal years. Its solvency ranks better than 75% of 30651 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

ELISAVActiveChecked score 55/100

Risk analysis Report Compare

Activity

Insulation installation

NACE 43230NACE 43291

1 site

Size

€145,411total assets 2025

Equity: €102,713
Profit: €57,776

Turnover not published (abridged schema)

Financial health

55 Fair Checked score 2025

Bankruptcy chance 12 m: 2.3%

Structure

Accounts 44 d early0 of 1 deed read

Why 55- Size: total assets €145,411- Founded in 2022- 1 of the last 3 late- Sector Specialised construction activities (NACE 43)Show the evidence

Checked score

Score 2025

55 / 100

Fair

Probability in this band: 1.5% to 4.2%

Better than 74% of its sector peers (NACE 43, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2024

Strong

Solvency 96+6

equity 70.6% of total assets

Liquidity 43-4

short-term debt 29.4% · cash 3.8%

Profitability 100+11

return on assets 39.7%

Bankruptcy probability, 12 months

2.3% Moderate

0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,004 companies)

Last 13 months 10-2025: 2.5%highest value 11-2025: 2.5%● 0.0% vs 10-2025highest value 12-2025: 2.5%● 0.0% vs 11-2025highest value 01-2026: 2.5%▼ -1.2% vs 12-2025 02-2026: 2.1%▼ -14.9% vs 01-2026 03-2026: 2.1%▼ -2.0% vs 02-2026lowest value 04-2026: 2.1%▲ +2.1% vs 03-2026 05-2026: 2.1%▼ -0.5% vs 04-2026 06-2026: 2.2%▲ +1.8% vs 05-2026 07-2026: 2.3%▲ +5.0% vs 06-2026 08-2026: 2.3%● 0.0% vs 07-2026 09-2026: 2.3%● 0.0% vs 08-2026 10-2026: 2.3%▲ +2.4% vs 09-2026

Size: total assets €145,411 raises the probability for this profile
Founded in 2022 raises the probability for this profile
1 of the last 3 late raises the probability
Sector Specialised construction activities (NACE 43) raises the probability

Credit up to €5,000 at 30 days acceptable

Liquidity ample (current ratio 3.24 against 2.83 in 2024; short-term debt: 29.4% and cash: 3.8% of total assets), and 29.4% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 76%, liquidity 32%, profitability 93%, growth against the median 93%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Size: total assets €145,411

In the bankruptcy model this factor raises the probability for this profile.

NBB · annual accounts

Founded in 2022

In the bankruptcy model this factor raises the probability for this profile.

KBO

1 of the last 3 late

In the bankruptcy model this factor raises the probability.

NBB · filings

Sector Specialised construction activities (NACE 43)

In the bankruptcy model this factor raises the probability.

KBO

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-06-2026, 44 days ahead of the deadline.

NBB · 3 filings

Deviation from the deadline

2025

44 d early

2024

8 d late

2023

336 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 100 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)

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. Usually files around 8 August (3 of the last 3 filed years within 329 days of that day).

Companies Code · seven months

Position in the running window

02-10-2026 today31-12-2026 close31-07-2027 deadline

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

17-06-26 Annual accounts filedfiscal year 2025 · micro…
31-12-25 Highest result since 2023net €57,776 ▲426%
31-12-25 Equity above €100,000Eq €102,713 ▲129%

Key points

Positive: Equity rose in 2025from €44,937 to €102,713 ▲ 129% View
Positive: Among the best 12% on net resultsector median €10,005 · 30,640 companies €57,776 View
Total assets 20253 fiscal years filed €145,411 View