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ELITERO

Active
Private limited companyfounded 20206 yrs activeLonderzeelseweg 9, 1880 Kapelle-op-den-Bos, BelgiumKBO/BCE: BE 0749.439.222
Summary

The computed 12-month bankruptcy probability of ELITERO is 2.0% (moderate). The 2025 annual accounts show equity of €18,979 and a net result of €16,953. Equity is growing by ~16.5% per year across the filed fiscal years. Its solvency ranks better than 37% of 7625 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability100▲+28
Solvency57▼-9
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity tight (current ratio 1.37 against 1.46 in 2024; short-term debt: 68.5% and cash: 0.6% of total assets), and 68.5% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
+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 6 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 12-12-2025, 50 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
50 d early
2024
48 d early
2023
29 d early
2022
47 d early
2021
23 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 39 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 15 December (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close30-09-2026 today31-01-2027 deadline
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

On 26 June 2020, ELITERO was incorporated as a Private limited company.1 Total assets went from EUR 52,176 in 2021 to EUR 60,249 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€18,979▲ 5.3%
2024 · €18,026
Total assets
€60,249▲ 36.8%
2024 · €44,032
Net result
€16,953▲ 1,576%
2024 · €1,011
Working capital
€15,455▲ 28.9%
2024 · €11,993
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
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.Sector: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€6,186-€3,395▼ 45.1%€6,261▲ 84.4%€2,167▼ 65.4%€22,330▲ 930%
Net result€4,522within the sector's middle half-€2,306within the sector's middle half▼ 49.0%€3,986within the sector's middle half▲ 72.8%€1,011within the sector's middle half▼ 74.6%€16,953within the sector's middle half▲ 1,576%
Equity€10,722below the sector's middle half-€13,028below the sector's middle half▲ 21.5%€17,014within the sector's middle half▲ 30.6%€18,026within the sector's middle half▲ 5.9%€18,979within the sector's middle half▲ 5.3%
Total assets€52,176below the sector's middle half-€43,570below the sector's middle half▼ 16.5%€53,319below the sector's middle half▲ 22.4%€44,032below the sector's middle half▼ 17.4%€60,249within the sector's middle half▲ 36.8%
Debt€41,454-€30,541▼ 26.3%€36,305▲ 18.9%€26,006▼ 28.4%€41,269▲ 58.7%
Working capital-€10,261below the sector's middle half--€2,907below the sector's middle half▲ 71.7%€3,450within the sector's middle half€11,993within the sector's middle half▲ 248%€15,455within the sector's middle half▲ 28.9%
Solvency20.5%within the sector's middle half-29.9%within the sector's middle half▲ 9.4pp31.9%within the sector's middle half▲ 2.0pp40.9%within the sector's middle half▲ 9.0pp31.5%within the sector's middle half▼ 9.4pp
Current ratio0.75below the sector's middle half-0.90below the sector's middle half▲ 0.151.10within the sector's middle half▲ 0.191.46within the sector's middle half▲ 0.371.37within the sector's middle half▼ 0.09
Return on assets (ROA)8.7%within the sector's middle half-5.3%within the sector's middle half▼ 3.4pp7.5%within the sector's middle half▲ 2.2pp2.3%within the sector's middle half▼ 5.2pp28.1%above the sector's middle half▲ 25.8pp
above within below the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000Operating result 2021: €6,186€6,186Net result 2021: €4,522€4,522Operating result 2022: €3,395€3,395Net result 2022: €2,306€2,306Operating result 2023: €6,261€6,261Net result 2023: €3,986€3,986Operating result 2024: €2,167€2,167Net result 2024: €1,011€1,011Operating result 2025: €22,330€22,330Net result 2025: €16,953€16,95320212022202320242025€0€10,000€20,000Operating result 2023: €6,261€6,260Net result 2023: €3,986€3,990Operating result 2024: €2,167€2,170Net result 2024: €1,011€1,010Operating result 2025: €22,330€22,300Net result 2025: €16,953€17,000202320242025
The operating result recovers in 2025; 2025 is 930% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €60,249
Fixed assets €3,525 ▼ 41.6%
Current assets €56,724 ▲ 49.3%
Equity and liabilities €60,249
Equity €18,979 ▲ 5.3%
Debt €41,269 ▲ 58.7%
Debt's share of the balance-sheet total rises from 59.1% to 68.5%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€27,955▲
2024 · €11,250
Cash flow
€22,579▲
2024 · €10,095
Debt to equity
2.17▲
2024 · 1.44
ROE
89.3%▲
2024 · 5.6%
Interest coverage
102.13▲
2024 · 39.08
Debt ≤ 1 year
€41,269▲
2024 · €26,006
Income taxes
€5,103▲
2024 · €871
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
95% 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: 2.0% 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 26,975 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 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€44,032€60,249▲
Fixed assets21/28€6,033€3,525▼
Tangible fixed assets22/27€5,433€2,925▼
Plant, machinery and equipment23€3,596€1,064▼
Furniture and vehicles24€1,837€1,861▲
Financial fixed assets28€600€600=
Current assets29/58€37,999€56,724▲
Amounts receivable within one year40/41€33,338€53,141▲
Trade receivables40€31,974€53,141▲
Other amounts receivable41€1,364-
Cash at bank and in hand54/58€228€359▲
Deferred charges and accrued income490/1€4,433€3,224▼
Equity and liabilities
Total equity and liabilities10/49€44,032€60,249▲
Equity10/15€18,026€18,979▲
Contributions10/11€6,200€6,200=
Reserves13€10,500€10,500=
Distributable reserves133€10,500€10,500=
Profit (loss) carried forward14€1,326€2,279▲
Amounts payable17/49€26,006€41,269▲
Amounts payable within one year42/48€26,006€41,269▲
Trade debts44€992€176▼
Suppliers440/4€992€176▼
Taxes, remuneration and social security45€4,580€18,112▲
Taxes450/3€1,080€14,612▲
Remuneration and social security454/9€3,500€3,500=
Other amounts payable47/48€20,435€22,982▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,083€5,626▼
Other operating charges640/8€1,852€939▼
Gross operating margin9900€13,102€28,894▲
Operating profit (loss)9901€2,167€22,330▲
Financial income75/76B€3€0▼
Recurring financial income75€3€0▼
Financial charges65/66B€288€274▼
Recurring financial charges65€288€274▼
Profit (loss) for the period before taxes9903€1,882€22,056▲
Income taxes67/77€871€5,103▲
Profit (loss) for the period9904€1,011€16,953▲
Profit (loss) for the period to be appropriated9905€1,011€16,953▲
Appropriation of the result
Profit (loss) to be appropriated9906€2,326€18,279▲
Profit (loss) brought forward from the previous period14P€1,314€1,326▲
Transfer to equity691/2€1,000-
To other reserves6921€1,000-
Profit to be distributed694/7-€16,000
Return on contributions (dividend)694-€16,000

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,458€8,499€12,486€9,083€5,626▼ 38.1%
Other operating charges640/8-€503€481€1,852€939▼ 49.3%
Gross operating margin9900€10,867€12,397€19,227€13,102€28,894▲ 121%
Operating profit (loss)9901€6,186€3,395€6,261€2,167€22,330▲ 930%
Financial income75/76B-€3€13€3€0▼ 97.5%
Recurring financial income75€52€3€13€3€0▼ 97.5%
Financial charges65/66B-€250€594€288€274▼ 4.9%
Recurring financial charges65€124€250€594€288€274▼ 4.9%
Profit (loss) for the period before taxes9903€6,115€3,148€5,680€1,882€22,056▲ 1,072%
Income taxes67/77€1,593€841€1,694€871€5,103▲ 486%
Profit (loss) for the period9904€4,522€2,306€3,986€1,011€16,953▲ 1,576%
Profit (loss) for the period to be appropriated9905€4,522€2,306€3,986€1,011€16,953▲ 1,576%
Line20212022202320242025Change
Assets
Total assets20/58€52,176€43,570€53,319€44,032€60,249▲ 36.8%
Fixed assets21/28€20,983€15,935€13,564€6,033€3,525▼ 41.6%
Tangible fixed assets22/27€20,983€15,935€13,564€5,433€2,925▼ 46.2%
Plant, machinery and equipment23-€5,860€8,887€3,596€1,064▼ 70.4%
Furniture and vehicles24-€10,075€4,677€1,837€1,861▲ 1.3%
Financial fixed assets28---€600€600=
Current assets29/58€31,193€27,635€39,755€37,999€56,724▲ 49.3%
Amounts receivable within one year40/41€20,425€27,520€33,766€33,338€53,141▲ 59.4%
Trade receivables40-€26,337€33,110€31,974€53,141▲ 66.2%
Other amounts receivable41-€1,183€656€1,364--
Cash at bank and in hand54/58€9,304€9€917€228€359▲ 57.5%
Deferred charges and accrued income490/1-€106€5,072€4,433€3,224▼ 27.3%
Equity and liabilities
Total equity and liabilities10/49€52,176€43,570€53,319€44,032€60,249▲ 36.8%
Equity10/15€10,722€13,028€17,014€18,026€18,979▲ 5.3%
Contributions10/11-€6,200€6,200€6,200€6,200=
Reserves13€4,000€6,000€9,500€10,500€10,500=
Distributable reserves133-€6,000€9,500€10,500€10,500=
Profit (loss) carried forward14€522€828€1,314€1,326€2,279▲ 71.9%
Amounts payable17/49€41,454€30,541€36,305€26,006€41,269▲ 58.7%
Amounts payable within one year42/48€41,454€30,541€36,305€26,006€41,269▲ 58.7%
Trade debts44€30,218€10,932€12,720€992€176▼ 82.2%
Suppliers440/4-€10,932€12,720€992€176▼ 82.2%
Taxes, remuneration and social security45-€7,580€3,200€4,580€18,112▲ 295%
Taxes450/3-€1,080€1,700€1,080€14,612▲ 1,253%
Remuneration and social security454/9-€6,500€1,500€3,500€3,500=
Other amounts payable47/48-€12,029€20,385€20,435€22,982▲ 12.5%
Line20212022202320242025Change
Profit (loss) for the period9904€4,522€2,306€3,986€1,011€16,953▲ 1,576%
+ Depreciation and write-downs630€4,458€8,499€12,486€9,083€5,626▼ 38.1%
Operating cash flow (approximation)€8,980€10,805€16,472€10,095€22,579▲ 124%
Investment in fixed assets (approximation)--€3,451-€10,115-€1,552-€3,117▼ 101%
Change in cash--€9,295€908-€689€131▲ 119%

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

Next filing, fiscal year 2026, expected by 31-01-2027
2025
12-12
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial Highest result since 2021net €16,953 ▲1,576%
Operating result €22,330, net result €16,953, both a record.
2024
14-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial Weakest financial yearnet €1,011 ▼74.6%
Net result drops to €1,011, the lowest in the series; recovery starts the following year.
02-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2022
15-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
08-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Kapelle-op-den-Bos · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
560 m²
Parcel 23067B0143/00N004, Flanders. Linked by address, not a title deed.
1 establishment unit
Londerzeelseweg 9, 1880 Kapelle-op-den-Bos
Repair, maintenance and installation of machinery and equipment
since 20202.306.079.087
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23067B0143/00N004 Flanders 560 m² - -
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.

Similar companies · same sector, comparable size

Of 29,786 companies in sector 41001 we hold annual accounts for 16,061. 11,421 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded26-06-2020
Fiscal year end30-06
Activities, NACEBEL 2025
41001General construction of residential buildings
43350Other building finishing work
Contact
Phone +320000000
E-invoicing
Reachable via Peppol
Peppol ID 0208:0749439222
Registered 25-11-2025

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

Register as of 30 September 2026 · Peppol Directory

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