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ELITE

Active
Private limited company (pre-2019)founded 20178 yrs activeVilvoordsesteenweg 46, 1120 Brussel, BelgiumKBO/BCE: BE 0681.858.233
Summary

The computed 12-month bankruptcy probability of ELITE is 1.6% (moderate). The 2024 annual accounts show equity of €92,069 and a net result of €3,767. Equity is growing by ~54.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 2025 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability48▼-52
Solvency100=
Growth85=
Track record100
Bankruptcy probability, 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
cash: 97% of total assets, and 0% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Rental and leasing activities (NACE 77)
about 44% more bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-08-2025, 11 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 · 6 filings
Deviation from the deadline
2025
not confirmed
2024
11 d late
2023
135 d late
2022
84 d late
2021
158 d late
2020
149 d late
2019
194 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 122 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.

Checked, nothing found (1)
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

On 28 September 2017, ELITE was incorporated.1 Revenue went from EUR 24,730 in 2019 to EUR 142,771 in 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2023

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Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Turnover
€142,771▲ 81.7%
2022 · €78,583
EBIT margin
18.9%▼ 37.8pp
2022 · 56.7%
Net result
€3,767▼ 86.0%
2023 · €26,928
Working capital
Not included in this filing
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€20,309▼ 17.9%€71,428▲ 252%€78,583▲ 10.0%€142,771▲ 81.7%
Operating result€4,948▲ 51.2%€8,340▲ 68.6%€44,562▲ 434%€26,928▼ 39.6%€3,767▼ 86.0%
Net result€4,832within the sector's middle half▲ 47.6%€7,219within the sector's middle half▲ 49.4%€42,751above the sector's middle half▲ 492%€26,928above the sector's middle half▼ 37.0%€3,767within the sector's middle half▼ 86.0%
EBIT margin24.4%▲ 11.1pp11.7%▼ 12.7pp56.7%▲ 45.0pp18.9%▼ 37.8pp
Equity€16,236within the sector's middle half▲ 39.8%€18,623within the sector's middle half▲ 14.7%€61,374within the sector's middle half▲ 230%€88,302within the sector's middle half▲ 43.9%€92,069within the sector's middle half▲ 4.3%
Total assets€16,236below the sector's middle half▲ 39.8%€18,623below the sector's middle half▲ 14.7%€61,374below the sector's middle half▲ 230%€88,302within the sector's middle half▲ 43.9%€92,069within the sector's middle half▲ 4.3%
Solvency100.0%above the sector's middle half=100.0%above the sector's middle half=100.0%above the sector's middle half=100.0%above the sector's middle half=100.0%above the sector's middle half=
Return on assets (ROA)29.8%above the sector's middle half▲ 1.6pp38.8%above the sector's middle half▲ 9.0pp69.7%above the sector's middle half▲ 30.9pp30.5%above the sector's middle half▼ 39.2pp4.1%within the sector's middle half▼ 26.4pp
above within below the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000Operating result 2020: €4,948€4,948Net result 2020: €4,832€4,832Operating result 2021: €8,340€8,340Net result 2021: €7,219€7,219Operating result 2022: €44,562€44,562Net result 2022: €42,751€42,751Operating result 2023: €26,928€26,928Net result 2023: €26,928€26,928Operating result 2024: €3,767€3,767Net result 2024: €3,767€3,76720202021202220232024€0€20,000€40,000Operating result 2022: €44,562€44,600Net result 2022: €42,751€42,800Operating result 2023: €26,928€26,900Net result 2023: €26,928€26,900Operating result 2024: €3,767€3,770Net result 2024: €3,767€3,770202220232024
The operating result has fallen two years in a row; 2024 is 86% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €92,069
Fixed assets €2,800 =
Current assets €89,269 ▲ 4.4%
Key figures and ratios
2024 value · change against 2023
ROE
4.1%▼
2023 · 30.5%
Staff costs
€4,450▲
2023 · €3,606
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 5,049 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
2.0% went bankrupt
3.7% stopped otherwise
94% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 5,049 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 24 lines
Balance sheet Code20232024
Assets
Total assets20/58€88,302€92,069▲
Fixed assets21/28€2,800€2,800=
Tangible fixed assets22/27€2,800€2,800=
Furniture and vehicles24€2,800€2,800=
Current assets29/58€85,502€89,269▲
Cash at bank and in hand54/58€85,502€89,269▲
Equity and liabilities
Total equity and liabilities10/49€88,302€92,069▲
Equity10/15€88,302€92,069▲
Contributions10/11€6,200€6,200=
Capital10€6,200€6,200=
Issued capital100€18,600€18,600=
Uncalled capital101€12,400€12,400=
Profit (loss) carried forward14€82,102€85,869▲
Income statement Code20232024
Turnover70€142,771-
Goods, raw materials, services and sundry goods60/61€111,752-
Remuneration, social security and pensions62€3,606€4,450▲
Other operating charges640/8€484€1,452▲
Gross operating margin9900€31,019€9,670▼
Operating profit (loss)9901€26,928€3,767▼
Profit (loss) for the period before taxes9903€26,928€3,767▼
Profit (loss) for the period9904€26,928€3,767▼
Profit (loss) for the period to be appropriated9905€26,928€3,767▼
Appropriation of the result
Profit (loss) to be appropriated9906€82,102€85,869▲
Profit (loss) brought forward from the previous period14P€55,174€82,102▲

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Turnover70€20,309€71,428€78,583€142,771--
Goods, raw materials, services and sundry goods60/61-€16,707€30,067€111,752--
Remuneration, social security and pensions62-€1,028€3,293€3,606€4,450▲ 23.4%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€45,000----
Other operating charges640/8-€212€662€484€1,452▲ 200%
Non-recurring operating charges66A-€141----
Gross operating margin9900€5,605€54,720€48,516€31,019€9,670▼ 68.8%
Operating profit (loss)9901€4,948€8,340€44,562€26,928€3,767▼ 86.0%
Profit (loss) for the period before taxes9903€4,948€8,340€44,562€26,928€3,767▼ 86.0%
Income taxes67/77-€1,121€1,811---
Profit (loss) for the period9904€4,832€7,219€42,751€26,928€3,767▼ 86.0%
Profit (loss) for the period to be appropriated9905€4,832€7,219€42,751€26,928€3,767▼ 86.0%
Line20202021202220232024Change
Assets
Total assets20/58€16,236€18,623€61,374€88,302€92,069▲ 4.3%
Fixed assets21/28-€2,800€2,800€2,800€2,800=
Tangible fixed assets22/27-€2,800€2,800€2,800€2,800=
Furniture and vehicles24-€2,800€2,800€2,800€2,800=
Current assets29/58€16,236€15,823€58,574€85,502€89,269▲ 4.4%
Cash at bank and in hand54/58€16,236€15,823€58,574€85,502€89,269▲ 4.4%
Equity and liabilities
Total equity and liabilities10/49€16,236€18,623€61,374€88,302€92,069▲ 4.3%
Equity10/15€16,236€18,623€61,374€88,302€92,069▲ 4.3%
Contributions10/11€6,200€6,200€6,200€6,200€6,200=
Capital10-€6,200€6,200€6,200€6,200=
Issued capital100-€18,600€18,600€18,600€18,600=
Uncalled capital101-€12,400€12,400€12,400€12,400=
Profit (loss) carried forward14€10,036€12,423€55,174€82,102€85,869▲ 4.6%
Line20202021202220232024Change
Profit (loss) for the period9904€4,832€7,219€42,751€26,928€3,767▼ 86.0%
Operating cash flow (approximation)€4,832€7,219€42,751€26,928€3,767▼ 86.0%
Investment in fixed assets (approximation)--€0€0€0-
Change in cash--€413€42,751€26,928€3,767▼ 86.0%

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

2025
11-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 11 days late
2024
13-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 135 days late
2023
23-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 84 days late
05-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 158 days late
2022
31-12
Financial Highest result since 2019net €42,751 ▲492%
Operating result €44,562, net result €42,751, both a record.
2021
27-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 149 days late
10-02
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 194 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
2 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 2018
seat establishment The establishment unit on the map
Ground area
5.6 ha
Building footprint
2.0 ha
Volume, LiDAR
148,306 m³
Parcel 21819D0241/00M000, Brussels · tallest building 11.4 m, ±2 floors. Linked by address, not a title deed.
9 companies at this address See who is registered here
1 establishment unit
ELITE
Oorlogskruisenlaan 1, 1120 BrusselEvent catering
since 20182.275.565.956
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21819D0241/00M000 Brussels 5.6 ha 1 · 2.0 ha 11.3 m · 2 fl.
Linked by address, not proof of ownership
Good to know
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

Of 465 companies in sector 77392 we hold annual accounts for 165. 143 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)
Founded28-09-2017
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
77392Rental and leasing activities
56210Event catering
56220Contract catering and other food service activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0681858233
Registered 24-03-2026

Register as of 28 September 2026 · Peppol Directory

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