ELIT GROUPS
ActiveThe computed 12-month bankruptcy probability of ELIT GROUPS is 1.5% (moderate). The 2025 annual accounts show negative equity (€-8k) and a net result of €-3k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 11% of 7431 sector peers (fiscal year 2025). The company has been active since 1998 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 = 2023
Profitability18▼-1
Solvency24=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.94 against 0.93 in 2023; short-term debt: 101.2% and cash: 0.2% 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.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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
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
-1.5%
Return on assets
-0.5%
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
18192021222325
2018 to 2025 · latest year €-8k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2023
16 d late
2022
382 d late
2021
747 d late
2020
27 d late
2019
122 d late
2018
20 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-3k
2023 · €2k
2018: €-35k
2019: €-5k
2020: €-15k
2021: €-8k
2022: €-11k
2023: €2k
2018 → 2025
Working capital
€-34k▲ 13.8%
2023 · €-39k
2018: €-64k
2019: €-31k
2020: €-38k
2021: €-36k
2022: €-44k
2023: €-39k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232025Trend
Equity€9k-€587▼ 93.3%€-10k€-8k▲ 20.7%€-8k▲ 0.6%
Operating result€-20k-€-13k▲ 34.9%€-16k▼ 23.6%€-3k▲ 81.3%€-3k▲ 12.2%
Net result€-15k-€-8k▲ 46.0%€-11k▼ 29.3%€2k€-3k
Result per fiscal year
Operating resultNet result
The operating result is €-3k in 2025, compared with €-3k in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €541k
Fixed assets
€27k▼ 16.4%
Current assets
€514k▲ 1.2%
Key figures and ratios
EBITDA
€0▲
2023 · €-371
Cash flow
€-48▼
2023 · €5k
Solvency
-1.5%▲
2023 · -1.5%
Current ratio
0.94▲
2023 · 0.93
Quick ratio
0.94▲
2023 · 0.93
Debt / equity
-69.74▼
2023 · -69.23
ROA
-0.5%▼
2023 · 0.4%
Interest coverage
0.00▲
2023 · -3.31
Debt
€549k▲
2023 · €548k
Debt ≤ 1 year
€548k▲
2023 · €547k
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 2023
Balance sheet
Code20232025
Assets
Total assets20/58€540k€541k▲
Fixed assets21/28€33k€27k▼
Tangible fixed assets22/27€11k€5k▼
Other tangible fixed assets26€11k€5k▼
Financial fixed assets28€22k€22k=
Current assets29/58€508k€514k▲
Amounts receivable within one year40/41€506k€513k▲
Trade receivables40€387k€387k=
Other amounts receivable41€120k€126k▲
Cash at bank and in hand54/58€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€540k€541k▲
Equity10/15€-8k€-8k▲
Contributions10/11€19k€19k=
Reserves13€23k€23k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€21k€21k=
Profit (loss) carried forward14€-49k€-49k▲
Amounts payable17/49€548k€549k▲
Amounts payable within one year42/48€547k€548k▲
Trade debts44€546k€547k▲
Suppliers440/4€546k€547k▲
Taxes, remuneration and social security45€610€610=
Taxes450/3€280€280=
Remuneration and social security454/9€330€330=
Accrued charges and deferred income492/3€1k€1k=
Income statement
Code20232025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k=
Non-recurring operating charges66A€50-
Gross operating margin9900€-321€0▲
Operating profit (loss)9901€-3k€-3k▲
Financial income75/76B€5k€0▼
Recurring financial income75€5k€0▼
Financial charges65/66B€112€48▼
Recurring financial charges65€112€48▼
Profit (loss) for the period before taxes9903€2k€-3k▼
Profit (loss) for the period9904€2k€-3k▼
Profit (loss) for the period to be appropriated9905€2k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-49k€-49k▲
Profit (loss) brought forward from the previous period14P€-51k€-46k▲
The notes to these accounts (8 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2024
16-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 16 days late
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 382 days late
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 747 days late
2023
31-12
Financial
Back to profitnet €2k
Net result €2k after 5 loss-making years.
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 27 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 122 days late
2019
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 20 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 59 days late
2017
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 18 days late
09-02
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 193 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Brussel · 1 establishment unit since 1998
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.
Lombardsijdestraat 11120 BrusselGround area
169 m²
Building footprint
170 m²
Volume, LiDAR
1,751 m³
Parcel 21819C0052/02E002, Brussels · tallest building 13.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
ELIT GROUPS
since 19982.085.536.721
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21819C0052/02E002 | Brussels | 169 m² | 1 · 170 m² | 13.1 m · 4 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.
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ANG BUILD
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,045. 1,169 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded10-02-1998
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 25 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.