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ELITE IMMO

Active
Public limited companyfounded 20215 yrs activeLandsroemlaan 65-66, 1083 Ganshoren, BelgiumKBO/BCE: BE 0768.236.436
Summary

The computed 12-month bankruptcy probability of ELITE IMMO is 3.9% (moderate). The 2025 annual accounts show equity of €259,146 and a net result of -€52,031. Equity remains stable across the filed fiscal years (±2.3% per year). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability63▼-8
Solvency40▼-2
Growth32▼-46
Track record94
Bankruptcy probability, 12 months
3.9% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days acceptable
Liquidity short (current ratio 0.42 against 0.73 in 2024; short-term debt: 27% and cash: 0.8% of total assets), and 85.3% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 3 filings
Deviation from the deadline
2025
28 d late
2024
3 d early
2023
on the day
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 8 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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

ELITE IMMO was incorporated on 10 May 2021 as a Public limited company.1 Total assets went from EUR 1.6 million in 2023 to EUR 1.8 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€259,146▼ 16.7%
2024 · €311,177
Total assets
€1.8m▼ 2.7%
2024 · €1.8m
Net result
-€52,031
2024 · €39,569
Working capital
-€274,001▼ 112%
2024 · -€129,279
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result€11,868-€56,859▲ 379%-€18,854
Net result-€28,392-€39,569-€52,031
Equity€271,608-€311,177▲ 14.6%€259,146▼ 16.7%
Total assets€1.6m-€1.8m▲ 10.8%€1.8m▼ 2.7%
Debt€1.4m-€1.5m▲ 10.0%€1.5m▲ 0.2%
Working capital-€76,823--€129,279▼ 68.3%-€274,001▼ 112%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€100,000-€50,000€0€50,000Operating result 2023: €11,868€11,868Net result 2023: -€28,392-€28,392Operating result 2024: €56,859€56,859Net result 2024: €39,569€39,569Operating result 2025: -€18,854-€18,854Net result 2025: -€52,031-€52,031202320242025-€100,000-€50,000€0€50,000Operating result 2023: €11,868€11,900Net result 2023: -€28,392-€28,400Operating result 2024: €56,859€56,900Net result 2024: €39,569€39,600Operating result 2025: -€18,854-€18,900Net result 2025: -€52,031-€52,000202320242025
The operating result turns negative in 2025: a loss of €18,854 after €56,859 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.8m
Fixed assets €1.6m ▲ 7.2%
Current assets €201,770 ▼ 43.3%
Equity and liabilities €1.8m
Equity €259,146 ▼ 16.7%
Debt €1.5m ▲ 0.2%
Debt's share of the balance-sheet total rises from 82.8% to 85.3%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€191,137▲
2024 · €154,139
Cash flow
€157,960▲
2024 · €136,849
Current ratio
0.42▼
2024 · 0.73
Debt to equity
5.79▲
2024 · 4.82
ROE
-20.1%▼
2024 · 12.7%
ROA
-3.0%▼
2024 · 2.2%
Interest coverage
5.76▼
2024 · 8.91
Debt ≤ 1 year
€475,771▼
2024 · €485,099
Debt > 1 year
€1.0m▲
2024 · €1.0m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 748 companies that looked in July 2024 the way this one looks now, 1.3% went bankrupt within 24 months and 97% are still going.

  • Small
  • 5 to 10 years old
  • solvency 10 to 30%
  • a small loss
1.3% went bankrupt
1.9% stopped otherwise
97% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 3.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 748 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 · 2025 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.8m€1.8m▼
Fixed assets21/28€1.5m€1.6m▲
Tangible fixed assets22/27€1.5m€1.6m▲
Land and buildings22€766,650€733,320▼
Plant, machinery and equipment23€7,526€20,635▲
Furniture and vehicles24€6,422€7,324▲
Other tangible fixed assets26€673,080€797,196▲
Current assets29/58€355,820€201,770▼
Amounts receivable within one year40/41€349,443€186,811▼
Trade receivables40€131,000-
Other amounts receivable41€218,443€186,811▼
Cash at bank and in hand54/58€6,377€14,959▲
Equity and liabilities
Total equity and liabilities10/49€1.8m€1.8m▼
Equity10/15€311,177€259,146▼
Contributions10/11€300,000€300,000=
Capital10€300,000€300,000=
Issued capital100€300,000€300,000=
Reserves13€559€559=
Non-distributable reserves130/1€559€559=
Legal reserve130€559€559=
Profit (loss) carried forward14€10,618-€41,412▼
Amounts payable17/49€1.5m€1.5m▲
Amounts payable after more than one year17€1.0m€1.0m▲
Financial debts170/4€1.0m€1.0m▲
Amounts payable within one year42/48€485,099€475,771▼
Current portion of amounts payable after more than one year42€87,383€69,636▼
Trade debts44-€1,135
Suppliers440/4-€1,135
Other amounts payable47/48€397,716€405,000▲
Income statement Code20242025
Non-recurring operating income76A€3,059€6,220▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€97,280€209,991▲
Other operating charges640/8€6,336€17,873▲
Gross operating margin9900€160,476€209,011▲
Operating profit (loss)9901€56,859-€18,854▼
Financial charges65/66B€17,290€33,177▲
Recurring financial charges65€17,290€33,177▲
Profit (loss) for the period before taxes9903€39,569-€52,031▼
Profit (loss) for the period9904€39,569-€52,031▼
Profit (loss) for the period to be appropriated9905€39,569-€52,031▼
Appropriation of the result
Profit (loss) to be appropriated9906€11,177-€41,412▼
Profit (loss) brought forward from the previous period14P-€28,392€10,618▲
Transfer to equity691/2€559-
To the legal reserve6920€559-

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Non-recurring operating income76A-€3,059€6,220▲ 103%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€166,148€97,280€209,991▲ 116%
Other operating charges640/8€16,585€6,336€17,873▲ 182%
Gross operating margin9900€194,601€160,476€209,011▲ 30.2%
Operating profit (loss)9901€11,868€56,859-€18,854▼ 133%
Financial income75/76B€1,236---
Recurring financial income75€1,236---
Financial charges65/66B€41,497€17,290€33,177▲ 91.9%
Recurring financial charges65€41,497€17,290€33,177▲ 91.9%
Profit (loss) for the period before taxes9903-€28,392€39,569-€52,031▼ 231%
Profit (loss) for the period9904-€28,392€39,569-€52,031▼ 231%
Profit (loss) for the period to be appropriated9905-€28,392€39,569-€52,031▼ 231%
Line202320242025Change
Assets
Total assets20/58€1.6m€1.8m€1.8m▼ 2.7%
Fixed assets21/28€1.4m€1.5m€1.6m▲ 7.2%
Tangible fixed assets22/27€1.4m€1.5m€1.6m▲ 7.2%
Land and buildings22€786,648€766,650€733,320▼ 4.3%
Plant, machinery and equipment23-€7,526€20,635▲ 174%
Furniture and vehicles24-€6,422€7,324▲ 14.0%
Other tangible fixed assets26€662,387€673,080€797,196▲ 18.4%
Current assets29/58€184,438€355,820€201,770▼ 43.3%
Amounts receivable within one year40/41€40,158€349,443€186,811▼ 46.5%
Trade receivables40-€131,000--
Other amounts receivable41€40,158€218,443€186,811▼ 14.5%
Cash at bank and in hand54/58€144,280€6,377€14,959▲ 135%
Equity and liabilities
Total equity and liabilities10/49€1.6m€1.8m€1.8m▼ 2.7%
Equity10/15€271,608€311,177€259,146▼ 16.7%
Contributions10/11€300,000€300,000€300,000=
Capital10€300,000€300,000€300,000=
Issued capital100€300,000€300,000€300,000=
Reserves13-€559€559=
Non-distributable reserves130/1-€559€559=
Legal reserve130-€559€559=
Profit (loss) carried forward14-€28,392€10,618-€41,412▼ 490%
Amounts payable17/49€1.4m€1.5m€1.5m▲ 0.2%
Amounts payable after more than one year17€1.1m€1.0m€1.0m▲ 1.2%
Financial debts170/4€1.1m€1.0m€1.0m▲ 1.2%
Amounts payable within one year42/48€261,261€485,099€475,771▼ 1.9%
Current portion of amounts payable after more than one year42€51,607€87,383€69,636▼ 20.3%
Trade debts44€16,050-€1,135-
Suppliers440/4€16,050-€1,135-
Other amounts payable47/48€193,604€397,716€405,000▲ 1.8%
Line202320242025Change
Profit (loss) for the period9904-€28,392€39,569-€52,031▼ 231%
+ Depreciation and write-downs630€166,148€97,280€209,991▲ 116%
Operating cash flow (approximation)€137,756€136,849€157,960▲ 15.4%
Investment in fixed assets (approximation)--€101,923-€314,788▼ 209%
Change in cash--€137,903€8,582▲ 106%

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

2026
28-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
31-12
Financial Weakest financial yearnet -€52,031
Net result drops to -€52,031, the lowest in the series.
2024
27-11
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
30-04
Financial Back to profitnet €39,569
Net result €39,569 after one loss-making year.
2023
30-11
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
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, Ganshoren
exact location from the address register On OpenStreetMap
Ground area
89 m²
Building footprint
89 m²
Volume, LiDAR
1,356 m³
Parcel 21392B0029/00M000, Brussels · tallest building 22.2 m, ±6 floors. Linked by address, not a title deed.
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21392B0029/00M000 Brussels 89 m² 1 · 89 m² 22.2 m · 6 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.

Identification & contact

Identification
Legal formPublic limited company
Founded10-05-2021
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 30 September 2026 · Peppol Directory

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