Liquidity
76.49 was 31.57 in 2024
Short-term debts fell from €779 to €511.
ELITE CONSTRUCT
Lifetime
18 annual accounts with figures on one time axisGross marginpeak €14,784 (2025)
€14,784▲ €22,533
Resultlowest -€7,833 (2024)
€14,066▲ €21,899
Equitypeak €40,516 (2021)
€39,848▲ 54.6%
Debts
€511▼ 34.5%
Board1 name since 2024
1 directorSANUA Emmanuel Anthony
Documentsfilings and deeds
23-07-20268 days before the deadline
2025micro format
Gross margin from -€7,749 to €14,784Back to profit: €14,066Equity from €25,782 to €39,848Debts from €779 to €511Cash from €988 to €18,109
Key points
from the 2025 annual accountsFilings
18 annual accounts since 2008
Eight of the last ten came late. The 2019 accounts came latest: 98 days after the end of the period.
Position in the sector
98.7%
Higher solvency than 95% of companies in specialised construction. Sector median 46.7% · 35,060 companies.
Checked score
99
Excellent
Financially stronger than 91% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,692 companies (NACE 43, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.8%
01-2025: 0.7%▼ -0.1 percentage points vs 12-2024
02-2025: 0.7%● unchanged vs 01-2025
03-2025: 0.7%● unchanged vs 02-2025
04-2025: 0.8%▲ +0.1 percentage points vs 03-2025
05-2025: 0.8%● unchanged vs 04-2025
06-2025: 0.8%● unchanged vs 05-2025
07-2025: 0.9%▲ +0.1 percentage points vs 06-2025
08-2025: 1.0%▲ +0.1 percentage points vs 07-2025
09-2025: 1.0%● unchanged vs 08-2025
10-2025: 1.0%● unchanged vs 09-2025
11-2025: 1.0%● unchanged vs 10-2025
12-2025: 1.0%● unchanged vs 11-2025
01-2026: 1.0%● unchanged vs 12-2025
02-2026: 1.0%● unchanged vs 01-2026
03-2026: 1.0%● unchanged vs 02-2026
04-2026: 1.0%● unchanged vs 03-2026
05-2026: 1.0%● unchanged vs 04-2026
06-2026: 1.0%● unchanged vs 05-2026
07-2026: 1.1%▲ +0.1 percentage points vs 06-2026highest value
08-2026: 0.1%▼ -1.0 percentage point vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Size: total assets €40,358
lowers risk
Liquidity: current ratio 76.49, cash €18,109
Founded in 2007
Equity €39,848 (98.7% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 90% of them on solvency, 98% on liquidity, 92% on profitability and 84% on growth.
The bankruptcy probability was computed on 05-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 34,693 companies had the same profile as ELITE CONSTRUCT has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of ELITE CONSTRUCT itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for ELITE CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €3,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 76.49 (31.57 in 2024), above the usual 1.5. Short-term debt is 1.3% and cash 44.9% of total assets. 1.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €39,848
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 days early
2024
2 days early
2023
28 days late
2022
44 days late
2021
31 days late
2020
41 days late
2019
98 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 33 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 August (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- OUAHABI Kalid associé inactifdeed of 08-08-2023
- SANUA Emmanuel Anthony 930 sharesdeed of 08-08-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0892640124
Reappointment: SANUA Emmanuel Anthony (director)
Permanent representative: SANUA Emmanuel Anthony · “Aux entreprises générales de bâtiment; De tous les articles électroménagers,électronique tels que…” (deed in French) · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 23-12-2023 · Gazette deed
Transfer of 465 shares from OUAHABI Kalid to SANUA Emmanuel Anthony
Partner: OUAHABI Kalid (associé inactif) · SANUA Emmanuel Anthony holds 930 shares · General meeting of 06-07-2023 · Gazette deed
Incorporation
published on 17-10-2007 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| ELITE CONSTRUCT Schaerbeek | €40,358 | €14,784 | 98.7% | - |
| DELTA TRAVAUX SERVICE DECORATION Evere | €36,327 | €12,059 | 77.6% | - |
| COTOM Gembloux | €39,443 | €14,432 | 32.7% | - |
| F.X. CONCEPT Aubel | €40,101 | €14,349 | 52.3% | - |
| G-FUSION Saint-Nicolas | €44,498 | €17,026 | 83.2% | - |
| PATTYN RENOVATIE Mortsel | €42,985 | €13,419 | 95.5% | - |
| EAST WEST IMPORT Wavre | €34,375 | €15,050 | 64.6% | - |
These companies have the same main activity as ELITE CONSTRUCT: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €34,400 and €44,500, founded between 2006 and 2008.
Official details
Source: KBO- Status
- Active since 09-10-2007Normal situation
- Activity
- Other specialised construction activitiesNACE 43990and 1 other
- Establishment unit
- 2.165.794.5211030 Schaerbeek, since 09-10-2007
- Financial year end
- 31 December
- Peppol
- Reachable since 25-11-2025
Annual accounts 2025
- Turnover
- ≈ €200,000estimated
- Total assets
- €40,358▲ 51.9%
- Filing
- Filed on 23-07-2026, 8 days before the end of the filing period
Insights on ELITE CONSTRUCT
ELITE CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from €6,832 in 2008 to €14,784 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ELITE CONSTRUCT
- What is the company number of ELITE CONSTRUCT?
- The company number of ELITE CONSTRUCT is 0892.640.124. The VAT number is the same number with BE in front: BE 0892.640.124.
- Where is ELITE CONSTRUCT based?
- The registered office is at Auguste Reyerslaan 44, 1030 Schaerbeek.Company details
- What does ELITE CONSTRUCT do?
- According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
- What is the legal form of ELITE CONSTRUCT?
- ELITE CONSTRUCT is a private limited company (BV).
- When was ELITE CONSTRUCT founded?
- ELITE CONSTRUCT was founded on 09-10-2007.
- Is ELITE CONSTRUCT still active?
- Yes, ELITE CONSTRUCT is an active enterprise in the KBO register.
- What is the turnover of ELITE CONSTRUCT?
- The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €14,784 and 202 comparable companies (NACE 43990). It probably lies between €110,000 and €390,000. It is a rough estimate.Financials
- Is ELITE CONSTRUCT profitable?
- In financial year 2025, ELITE CONSTRUCT made a profit of €14,066.
- Where can I find the annual accounts of ELITE CONSTRUCT?
- ELITE CONSTRUCT filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ELITE CONSTRUCT due?
- ELITE CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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