ELITE CONSTRUCT
ActiveELITE CONSTRUCT has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40k and a net result of €14k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 95% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency100=
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 76.49 against 31.57 in 2024; short-term debt: 1.3% and cash: 44.9% of total assets), and 1.3% of the assets are financed with debt.
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 43
Relative position
BE, all sectors
reference
Sector 43
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
98.7%
Return on assets
34.9%
Age of the figures
9 mo
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 €40k
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 d early
2024
2 d early
2023
28 d late
2022
44 d late
2021
31 d late
2020
41 d late
2019
98 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
€14k
2024 · €-8k
2018: €4k
2019: €1k
2020: €1k
2021: €2k
2022: €-6k
2023: €-863
2024: €-8k
2018 → 2025
Working capital
€39k▲ 61.8%
2024 · €24k
2018: €35k
2019: €37k
2020: €38k
2021: €41k
2022: €34k
2023: €34k
2024: €24k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€41k-€34k▼ 14.9%€34k▼ 2.5%€26k▼ 23.3%€40k▲ 54.6%
Operating result€3k-€-5k€-863▲ 82.4%€-8k▼ 801%€14k
Net result€2k-€-6k€-863▲ 85.7%€-8k▼ 808%€14k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €14k after a loss of €8k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €40k
Fixed assets
€1k▼ 33.9%
Current assets
€39k▲ 58.8%
Equity and liabilities €40k
Equity
€40k▲ 54.6%
Debt
€511▼ 34.5%
The debt ratio falls from 2.9% to 1.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€15k▲
2024 · €-8k
Cash flow
€15k▲
2024 · €-8k
Solvency
98.7%▲
2024 · 97.1%
Current ratio
76.49▲
2024 · 31.57
Quick ratio
76.49▲
2024 · 31.57
Debt / equity
0.01▼
2024 · 0.03
ROE
35.3%▲
2024 · -30.4%
ROA
34.9%▲
2024 · -29.5%
Interest coverage
273.77▲
2024 · -151.94
Debt
€511▼
2024 · €779
Debt ≤ 1 year
€511▼
2024 · €779
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€27k€40k▲
Fixed assets21/28€2k€1k▼
Tangible fixed assets22/27€2k€1k▼
Furniture and vehicles24€2k€1k▼
Current assets29/58€25k€39k▲
Amounts receivable within one year40/41€24k€21k▼
Trade receivables40€23k€20k▼
Other amounts receivable41€854€479▼
Cash at bank and in hand54/58€988€18k▲
Deferred charges and accrued income490/1-€325
Equity and liabilities
Total equity and liabilities10/49€27k€40k▲
Equity10/15€26k€40k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€5k€19k▲
Amounts payable17/49€779€511▼
Amounts payable within one year42/48€779€511▼
Trade debts44€254€182▼
Suppliers440/4€254€182▼
Taxes, remuneration and social security45€42-
Taxes450/3€42-
Other amounts payable47/48€484€329▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33€664▲
Gross operating margin9900€-8k€15k▲
Operating profit (loss)9901€-8k€14k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€51€54▲
Recurring financial charges65€51€54▲
Profit (loss) for the period before taxes9903€-8k€14k▲
Profit (loss) for the period9904€-8k€14k▲
Profit (loss) for the period to be appropriated9905€-8k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€5k€19k▲
Profit (loss) brought forward from the previous period14P€13k€5k▼
The notes to these accounts (4 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
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €14k
Net result €14k after 3 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 76.49
Current ratio from 31.57 to 76.49; short-term debt falls from €779 to €511.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 31.57
Current ratio from 9.70 to 31.57; short-term debt falls from €4k to €779.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
13-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 44 days late
2022
31-12
Financial
Liquidity times 7current ratio 21.91
Current ratio from 3.27 to 21.91; short-term debt falls from €18k to €2k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 3.27
Current ratio from 1.42 to 3.27; short-term debt falls from €92k to €18k.
10-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 41 days late
2020
06-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 98 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Schaarbeek · 1 establishment unit since 2007
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.
Auguste Reyerslaan 441030 SchaarbeekGround area
185 m²
Building footprint
83 m²
Volume, LiDAR
1,246 m³
Parcel 21911C0096/00A007, Brussels · tallest building 24.2 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
ELITE CONSTRUCT
since 20072.165.794.521
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21911C0096/00A007 | Brussels | 185 m² | 1 · 83 m² | 24.2 m · 6 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.
Recognitions · licences · registrations
Recognised contractor
3 categoriesELITE CONSTRUCT SRL44240
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 5,941 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-10-2007
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43990Other specialised construction activities
43999Specialised construction activities
45250
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.