Turnover
≈ €240,000 estimated
The micro format states no turnover.
ELITE CONTRACTING
Lifetime
1 annual account with figurespeak €62,973 (2025)
€62,973
peak €41,987 (2025)
€41,987
peak €46,987 (2025)
€46,987
€55,828
Board1 name since 2024
1 directorKANDOUSSI Youssef
Documentsfilings and deeds
26-08-202626 days late
2025micro format
First year with figures
Key points
from the 2025 annual accountsPosition in the sector
€41,987
Higher net result than 82% of companies in specialised construction. Sector median €10,189 · 35,113 companies.
2025 accounts filed 26 days after the deadline
Checked score
70
Healthy
Financially stronger than 65% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
05-2025: 1.9%
06-2025: 1.9%● unchanged vs 05-2025
07-2025: 2.0%▲ +0.1 percentage points vs 06-2025
08-2025: 2.4%▲ +0.4 percentage points vs 07-2025
09-2025: 2.7%▲ +0.3 percentage points vs 08-2025
10-2025: 2.7%● unchanged vs 09-2025
11-2025: 3.0%▲ +0.3 percentage points vs 10-2025
12-2025: 3.0%● unchanged vs 11-2025
01-2026: 2.9%▼ -0.1 percentage points vs 12-2025
02-2026: 3.0%▲ +0.1 percentage points vs 01-2026
03-2026: 3.2%▲ +0.2 percentage points vs 02-2026
04-2026: 3.3%▲ +0.1 percentage points vs 03-2026
05-2026: 3.3%● unchanged vs 04-2026highest value
06-2026: 3.3%● unchanged vs 05-2026highest value
07-2026: 3.3%● unchanged vs 06-2026highest value
08-2026: 3.3%● unchanged vs 07-2026highest value
09-2026: 0.8%▼ -2.5 percentage points vs 08-2026
10-2026: 0.8%● unchanged vs 09-2026
11-2026: 0.8%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Founded in 2024
Size: total assets €102,816
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 1.64, cash €28,786
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 49% of them on solvency, 54% on liquidity and 92% on profitability.
The bankruptcy probability was computed on 09-11-2026 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 low class on 30-06-2025, 0.8% 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, 39,278 companies had the same profile as ELITE CONTRACTING has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ELITE CONTRACTING itself: 0.8% within 12 months.
Test of the method
The method was tested on the 497,447 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 39,278 companies, not a prediction for ELITE CONTRACTING. 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 €3,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.64, above the usual 1.5. Short-term debt is 54.3% and cash 28% of total assets. However, 54.3% 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
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 26 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
26 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1008044982
Incorporation
Founder: KANDOUSSI Youssef (shareholder) · 50 shares · Appointment: KANDOUSSI Youssef (director) · published on 09-04-2024 · Gazette deed
First establishment
Kazernestraat 45, Beveren-Kruibeke-Zwijndrecht
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ELITE CONTRACTING Beveren-Kruibeke-Zwijndrecht | €102,816 | €62,973 | 45.7% | - |
| VR Prof Antwerp | €112,115 | €58,965 | 81.1% | - |
| ALKAWE Zandhoven | €96,129 | €77,651 | 36.0% | - |
| MG NICORAR ENTREPRISE Anderlecht | €92,542 | €71,214 | 62.1% | - |
| ZP Rénovation Ixelles | €107,943 | €78,294 | 15.4% | - |
| LION GROUP Zaventem | €111,111 | €76,568 | 31.7% | - |
| Bouwbedrijf I.V.B. Mol | €124,339 | €57,937 | 64.4% | - |
These companies have the same main activity as ELITE CONTRACTING: other building finishing work (NACE 43350). They are comparable in size and age: total assets between €92,500 and €124,000, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 05-04-2024Normal situation
- Activity
- Other building finishing workNACE 43350
- Establishment unit
- 2.358.354.2682070 Beveren-Kruibeke-Zwijndrecht, since 05-04-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 19-11-2025
Insights on ELITE CONTRACTING
ELITE CONTRACTING has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €46,987 and a net result of €41,987.
Its solvency ranks better than 49% of 35,125 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
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 CONTRACTING
- What is the company number of ELITE CONTRACTING?
- The company number of ELITE CONTRACTING is 1008.044.982. The VAT number is the same number with BE in front: BE 1008.044.982.
- Where is ELITE CONTRACTING based?
- The registered office is at Kazernestraat 45, 2070 Beveren-Kruibeke-Zwijndrecht.Company details
- What does ELITE CONTRACTING do?
- According to the KBO register, the main activity is other building finishing work (NACE 43350).
- What is the legal form of ELITE CONTRACTING?
- ELITE CONTRACTING is a private limited company (BV).
- When was ELITE CONTRACTING founded?
- ELITE CONTRACTING was founded on 05-04-2024.
- Is ELITE CONTRACTING still active?
- Yes, ELITE CONTRACTING is an active enterprise in the KBO register.
- What is the turnover of ELITE CONTRACTING?
- The turnover in financial year 2025 is ≈ €240,000. This figure is estimated from the gross margin of €62,973 and 89 comparable companies (NACE 433). It probably lies between €160,000 and €400,000.Financials
- Is ELITE CONTRACTING profitable?
- In financial year 2025, ELITE CONTRACTING made a profit of €41,987.
- Where can I find the annual accounts of ELITE CONTRACTING?
- ELITE CONTRACTING filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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