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ELITIST PROPERTIES

Active
Public limited companyfounded 198837 years activeFranklin Rooseveltlaan 105, 1050 Brussel, BelgiumKBO/BCE: BE 0436.336.880
Summary

ELITIST PROPERTIES has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €837,315 and a net result of -€18,569. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 56% of 19,386 sector peers (NACE 68, fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).

Overview

Activity
Renting and operating of own or leased residential real estate, excluding social housing
NACE 68201
1 site
Size
€2.2mtotal assets 2024
Equity
€837,315
Loss
-€18,569
Financial health
63 Healthy Checked score 2024
Bankruptcy probability, 12 months
1.4%
Structure
Board
1 member
Accounts 68 days overdue1 of 12 deeds read
Why 63- Liquidity: current ratio 0.00- Figures for FY 2024 (filed 24-09-2025)- 1 financial year not filed after the legal deadline; latest accounts 55 days late; 2 of the last 3 late+ Founded in 1988Show the evidence

Checked score

Score 2024
63 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 38% of its sector peers (NACE 68, small)
Financial strength · tick = 2023
Average
Solvency 64+1
equity 38.5% of total assets
Liquidity 36+19
short-term debt 61.5%
Profitability 36-6
return on assets -0.9%
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,961 companies)
Last 24 months 11-2024: 0.8% 12-2024: 0.8%● unchanged vs 11-2024 01-2025: 0.3%▼ -0.5 percentage points vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025lowest value 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.2 percentage points vs 06-2025 08-2025: 0.7%▲ +0.2 percentage points vs 07-2025 09-2025: 0.8%▲ +0.1 percentage points vs 08-2025 10-2025: 0.6%▼ -0.2 percentage points vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 1.0%▲ +0.4 percentage points vs 07-2026 09-2026: 1.1%▲ +0.1 percentage points vs 08-2026 10-2026: 1.4%▲ +0.3 percentage points vs 09-2026highest value
Credit up to €50,000 at 30 days acceptable
Liquidity short (current ratio 0.0 against 0.04 in 2023; short-term debt: 61.5% of total assets), and 61.5% of the assets are financed with debt.
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 68, small): better than 58% on solvency, 29% on liquidity, 31% on profitability and 34% on growth.

The bankruptcy probability was computed on 06-10-2026 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

Five signals.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 0.00
NBB · annual accounts
raises risk · Figures for FY 2024 (filed 24-09-2025)
NBB · annual accounts
lowers risk · Founded in 1988
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · 1 financial year not filed after the legal deadline; latest accounts 55 days late; 2 of the last 3 late
NBB · filings
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-09-2025, 55 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
55 days late
2023
30 days late
2022
120 days late
2021
53 days early
2020
65 days early
2019
57 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 5 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Appointment: Tabasum Haji Ajmal (director)State Gazette act
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Weakest financial yearnet -€18,569

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 68 days late View
  • Positive: Among the best 12% on equitysector median €87,041 · 19,403 companies €837,315 View
  • New directorlatest change 01-10-2026 · 1 in office 1 joined View

By topic

Financials

Fiscal year
2024
Total assets
€2.2m
Loss
-€18,569
Solvency
38.5%
Total assets▼ 4.7%
Net result
20182024
Go to Financials

Timeline

Events
12
Since
2016
  1. 30-08-2024Annual accounts filed
  2. 28-11-2023Annual accounts filed
  3. 08-06-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Renting and operating of own or leased residential…NACE 68201
Founded
16-12-1988
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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