ELITE TECH
ActiveFrom the official registers: KBO 2 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of ELITE TECH is 3.1% (moderate). The 2025 annual accounts show equity of €15,607 and a net result of €5,900. Its solvency ranks better than 28% of 9,368 sector peers (NACE 41, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
KBO- Status
- Active since 11-07-2023 Normal situation
- Legal form
- Private limited company
- Registered office
- Beemdstraat 27, 1601 Sint-Pieters-Leeuw
- Activity
- General construction of residential buildings NACE 41001and 5 others
- Establishment unit
- 2.347.549.854 1601 Sint-Pieters-Leeuw, since 11-07-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 12-01-2026
Who decides
- MOUZYKAEV Deni DenisovitchDirector
- MAGAMDOV MOKHMAD BALAOUDIEVITCHDirector
How it is doing
- Bankruptcy probabilitywithin 12 months
- 3.1%
- Gross margin
- €9,283
- ▲ 7.7%
- Turnover
- ≈ €110,000
- estimated
- Profit
- €5,900
- ▲ 25.3%
- Equity
- €15,607
- ▲ 60.8%
- Total assets
- €70,554
- ▲ 371%
Why 51raises riskFounded in 2023Sector: Construction of residential and non-residential buildings (NACE 41)Size: total assets €70,554lowers riskLiquidity: current ratio 1.27, cash €27,206Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 41, micro): better than 29% on solvency, 60% on liquidity, 59% on profitability and 82% on growth.
The bankruptcy probability was computed on 31-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 2 accounts on average 30 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
Financials · financial year 2025, micro format
2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00470359.
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 31-08-2026
- Format
- micro format
- Reference
- 2026-00470359
2024 to 2025, 2 financial years
The operating result rises in 2025; 2025 is 28% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94.3% are still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.1% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 7,976 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.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Turnover70 | €146,667 | - | - |
| Goods, raw materials, services and sundry goods60/61 | €138,051 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €919 | €733 | ▼ 20.2% |
| Other operating charges640/8 | €1,284 | €360 | ▼ 72.0% |
| Gross operating margin9900 | €8,616 | €9,283 | ▲ 7.7% |
| Operating profit (loss)9901 | €6,413 | €8,189 | ▲ 27.7% |
| Financial income75/76B | €0 | €11 | ▲ 92× |
| Recurring financial income75 | €0 | €11 | ▲ 92× |
| Financial charges65/66B | €266 | €795 | ▲ 199% |
| Recurring financial charges65 | €266 | €795 | ▲ 199% |
| Profit (loss) for the period before taxes9903 | €6,148 | €7,406 | ▲ 20.5% |
| Income taxes67/77 | €1,440 | €1,505 | ▲ 4.5% |
| Profit (loss) for the period9904 | €4,707 | €5,900 | ▲ 25.3% |
| Profit (loss) for the period to be appropriated9905 | €4,707 | €5,900 | ▲ 25.3% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €14,989 | €70,554 | ▲ 371% |
| Fixed assets21/28 | €1,281 | €548 | ▼ 57.2% |
| Tangible fixed assets22/27 | €1,281 | €548 | ▼ 57.2% |
| Furniture and vehicles24 | €1,281 | €548 | ▼ 57.2% |
| Current assets29/58 | €13,707 | €70,006 | ▲ 411% |
| Amounts receivable within one year40/41 | €9,616 | €31,785 | ▲ 231% |
| Trade receivables40 | €7,789 | €23,794 | ▲ 205% |
| Other amounts receivable41 | €1,827 | €7,991 | ▲ 337% |
| Cash at bank and in hand54/58 | €3,799 | €27,206 | ▲ 616% |
| Deferred charges and accrued income490/1 | €292 | €11,015 | ▲ 38× |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €14,989 | €70,554 | ▲ 371% |
| Equity10/15 | €9,707 | €15,607 | ▲ 60.8% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €4,707 | €10,607 | ▲ 125% |
| Amounts payable17/49 | €5,282 | €54,947 | ▲ 940% |
| Amounts payable within one year42/48 | €5,282 | €54,947 | ▲ 940% |
| Trade debts44 | €2,322 | €19,924 | ▲ 758% |
| Suppliers440/4 | €2,322 | €19,924 | ▲ 758% |
| Taxes, remuneration and social security45 | €1,744 | €6,031 | ▲ 246% |
| Taxes450/3 | €1,744 | €6,031 | ▲ 246% |
| Other amounts payable47/48 | €1,216 | €28,992 | ▲ 24× |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €4,707 | €5,900 | ▲ 25.3% |
| + Depreciation and write-downs630 | €919 | €733 | ▼ 20.2% |
| Operating cash flow (approximation) | €5,626 | €6,634 | ▲ 17.9% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €23,407 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
- began earlier
- end not dated
| Name | Functions and periods |
|---|---|
| MOUZYKAEV Deni Denisovitch |
|
| MAGAMDOV MOKHMAD BALAOUDIEVITCH |
|
| MAGAMADOV Mokhmad Balaoudiévitch |
|
How the board is organised
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Algemene vergadering bepaalt aantal,duur opdracht en bij meerdere bevoegdheid, 1”“Op algemene kosten los van representatie-,reis- en verplaatsingskosten, algemene vergadering beslist of mandaat al dan niet ten kosteloze…”
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, op elk moment”
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bij ontbinding om welke reden en op welk ogenblik ook, bestuurder(s) in functie krachtens statuten indien geen andere vereffenaar benoemd”
Articles of association, deed of 13-07-2023
Owners and capital
Capital and shareholders
- MAGAMADOV Mokhmad Balaoudiévitch 50 shares (50%) · €2,500
- MOUZYKAEV Deni Denisovitch 50 shares (50%) · €2,500
- 13-07-2023 Incorporation · €5,000 · 100 shares
Shares according to the articles of association
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Elke overdracht onder levenden ten bezwarende of kosteloze titel vrijwillig of gedwongen inclusief uitsluiting en uittreding in…”
Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
Articles of association, deed of 13-07-2023 (in Dutch)
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
13-07
Gazette deed
IncorporationAppointments: MAGAMADOV Mokhmad Balaoudiévitch (director) and MOUZYKAEV Deni Denisovitch (director) · Founder · Founding capital13 facts ▸
- Founder, MAGAMADOV Mokhmad Balaoudiévitch (comparant)
- Founder, MOUZYKAEV Deni Denisovitch (comparant)
- Other provision, 06-07-2023
- Other provision, “verantwoordelijkheid oprichters bij faillissement binnen 3 jaar vanaf oprichting, breed voorwerp met groot aantal activiteiten in verscheidene domeinen” (deed in Dutch)
- Incorporation, “ELITE TECH” (deed in Dutch)
- Founding capital, €5,000
- Registered office clause, “1601 Ruisbroek,Beemdstraat 27” (deed in Dutch)
- Other provision, “info@elite-tech.be, website en e-mailadres” (deed in Dutch)
- Other provision, “waarschuwing comparanten, comparanten” (deed in Dutch)
- General meeting, “benoeming, comparanten voor hierboven opgerichte vennootschap” (deed in Dutch)
- Board rule, 2
- Director appointment, MAGAMADOV Mokhmad Balaoudiévitch (director)
- +1 further fact in this act
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Who it is
KBO recordWhere it is based
What it does
NACEBEL 2025Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0803.812.472
Financial year and general meeting
Accounts at the NBBScores and ratios are computed by Checked and are not a credit decision.
Purpose, financial year and meetings according to the articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- ELITE TECH
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, overal verplaatsbaar bij eenvoudige beslissing bestuursorgaan voor zover in Brussels Gewest of Vlaams Gewest”
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of June at 18:00
Articles of association, deed of 13-07-2023 (in Dutch)
Environmental permits: No permit applications found in Flanders.
Sites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23069A0395/00A002 | Flanders | 1,540 m² | 1 · 6,251 m² | 14.4 m · 2 |