ELISOUND
ActiveThe computed 12-month bankruptcy probability of ELISOUND is 6.1% (elevated). The 2025 annual accounts show negative equity (€-7k) and a net result of €-6k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 7% of 27619 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
30
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability44▼-23
Solvency6▼-17
Growth22=
Track record94
Bankruptcy probability, 12 months
6.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.55 against 1.17 in 2024; short-term debt: 58.8% and cash: 14.5% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-18.8%
Return on assets
-16.7%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €-7k
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 5 filingsDeviation from the deadline
2025
25 d late
2024
61 d early
2023
29 d early
2022
3 d early
2021
116 d late
← before the deadline
after the deadline →
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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€85k▼ 23.1%
2023 · €111k
2021: €187k
2022: €90k
2023: €111k
2021 → 2024
EBIT margin
2.7%▼ 2.5pp
2023 · 5.1%
2021: 2.6%
2022: -8.9%
2023: 5.1%
2021 → 2024
Net result
€-6k
2024 · €22
2021: €2k
2022: €-9k
2023: €4k
2024: €22
2021 → 2025
Working capital
€-10k
2024 · €2k
2021: €-7k
2022: €-13k
2023: €-7k
2024: €2k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€187k-€90k▼ 51.8%€111k▲ 22.8%€85k▼ 23.1%
Equity€4k-€-5k€-838▲ 83.7%€-816▲ 2.6%€-7k▼ 795%
Operating result€5k-€-8k€6k€2k▼ 60.3%€-3k
Net result€2k-€-9k€4k€22▼ 99.5%€-6k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €3k after €2k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €39k
Fixed assets
€26k▼ 21.3%
Current assets
€12k▲ 1.0%
Key figures and ratios
EBITDA
€4k▼
2024 · €9k
Cash flow
€638▼
2024 · €7k
Solvency
-18.8%▼
2024 · -1.8%
Current ratio
0.55▼
2024 · 1.17
Quick ratio
0.55▼
2024 · 1.17
Debt / equity
-6.32
ROA
-16.7%▼
2024 · 0.0%
Interest coverage
5.31▼
2024 · 9.14
Debt
€46k▼
2024 · €47k
Debt ≤ 1 year
€23k▲
2024 · €11k
Debt > 1 year
€23k▼
2024 · €28k
Income taxes
€3k▲
2024 · €1k
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€46k€39k▼
Fixed assets21/28€34k€26k▼
Tangible fixed assets22/27€34k€26k▼
Plant, machinery and equipment23€34k€26k▼
Current assets29/58€12k€12k▲
Amounts receivable within one year40/41€6k€4k▼
Trade receivables40€6k€4k▼
Cash at bank and in hand54/58€3k€6k▲
Deferred charges and accrued income490/1€3k€3k=
Equity and liabilities
Total equity and liabilities10/49€46k€39k▼
Equity10/15€-816€-7k▼
Contributions10/11€3k€3k=
Capital10€3k-
Issued capital100€3k-
Profit (loss) carried forward14€-3k€-10k▼
Amounts payable17/49€47k€46k▼
Amounts payable after more than one year17€28k€23k▼
Financial debts170/4€28k€23k▼
Amounts payable within one year42/48€11k€23k▲
Current portion of amounts payable after more than one year42€5k€6k▲
Trade debts44€3k€1k▼
Suppliers440/4€3k€1k▼
Taxes, remuneration and social security45€3k€4k▲
Taxes450/3€3k€4k▲
Other amounts payable47/48-€11k
Accrued charges and deferred income492/3€8k-
Income statement
Code20242025
Turnover70€85k-
Goods, raw materials, services and sundry goods60/61€75k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k=
Other operating charges640/8€685€2k▲
Gross operating margin9900€10k€6k▼
Operating profit (loss)9901€2k€-3k▼
Financial income75/76B€133€32▼
Recurring financial income75€133€32▼
Financial charges65/66B€1k€756▼
Recurring financial charges65€1k€756▼
Profit (loss) for the period before taxes9903€1k€-4k▼
Income taxes67/77€1k€3k▲
Profit (loss) for the period9904€22€-6k▼
Profit (loss) for the period to be appropriated9905€22€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€-10k▼
Profit (loss) brought forward from the previous period14P€-3k€-3k▲
The notes to these accounts (7 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
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
31-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-9k ▼650%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
24-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 116 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Elsene · 1 establishment unit since 2020
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.
Abdijstraat 951050 ElseneGround area
93 m²
Building footprint
166 m²
Volume, LiDAR
1,414 m³
Parcel 21447B0276/00N006, Brussels · tallest building 19.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
elisound
since 20202.311.013.419
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21447B0276/00N006 | Brussels | 93 m² | 1 · 166 m² | 19.0 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.
Similar companies · same sector, comparable size
DS Security
BE 0801.846.738
Dendermonde · Eq €4k
GASTRO CONCEPT
BE 0685.864.531
Heusden-Zolder · Eq €4k
C-quadraat
BE 1002.149.164
Antwerpen · Eq €4k
L.B.P.V.-ELEC
BE 0897.607.613
Ans · Eq €4k
HV TECHNICS
BE 0700.236.070
Rumst · Eq €4k
Of 22,822 companies in sector 43211 we hold annual accounts for 10,327. 3,274 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-11-2020
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
46500Wholesale of information and communication equipment
46520Wholesale trade
43222Installation of electric heating, air conditioning, cooling and ventilation
43240Other construction installation
46643Wholesale of electrical equipment, including installation materials
95100Repair and maintenance of computers and communication equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 5 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.
Contact details
1 entryE-mail:jin_mahieu@me.com