Skip to content

ELLEA TRANSITION

Active
Private limited companyfounded 20188 yrs activeKolonel Bourgstraat 150, 1140 Evere, BelgiumKBO/BCE: BE 0688.979.023

ELLEA TRANSITION has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6k and a net result of €23k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 17022 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
72 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency42▲+11
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies more bankruptcies →
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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
17.4%
Return on assets
70.4%
Age of the figures
9 mo
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
elevated failure risk from 2 to 8 years 8 years 0 10 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 17022 sector peers (2025).
NBB · sector comparison
Position among 17022 sector peers
Solvency
better than 19%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 7 filings
Deviation from the deadline
2025
31 d late
2024
50 d early
2023
29 d late
2022
81 d early
2021
8 d late
2020
64 d early
2019
13 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
21-09-2026 today31-12-2026 close31-07-2027 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

Financials · fiscal year 2025, micro schema

Equity
€6k▲ 85.6%
2024 · €3k
2019: €187k 2020: €285k 2021: €318k 2022: €20k 2023: €16k 2024: €3k
2019 → 2025
Total assets
€32k▼ 32.7%
2024 · €48k
2019: €255k 2020: €328k 2021: €360k 2022: €467k 2023: €19k 2024: €48k
2019 → 2025
Net result
€23k▲ 8.4%
2024 · €21k
2019: €181k 2020: €98k 2021: €21k 2022: €98k 2023: €-5k 2024: €21k
2019 → 2025
Working capital
€5k▲ 54.0%
2024 · €3k
2019: €70k 2020: €206k 2021: €246k 2022: €11k 2023: €15k 2024: €3k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€318k-€20k▼ 93.6%€16k▼ 23.5%€3k▼ 80.8%€6k▲ 85.6%
Operating result€27k-€125k▲ 361%€-5k€27k€31k▲ 12.2%
Net result€21k-€98k▲ 376%€-5k€21k€23k▲ 8.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€0€50k€100kOperating result 2021: €27k€27kNet result 2021: €21k€21kOperating result 2022: €125k€125kNet result 2022: €98k€98kOperating result 2023: €-5k€-5kNet result 2023: €-5k€-5kOperating result 2024: €27k€27kNet result 2024: €21k€21kOperating result 2025: €31k€31kNet result 2025: €23k€23k20212022202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 12% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €32k
Fixed assets €948
Current assets €31k
Equity and liabilities €32k
Equity €6k▲ 85.6%
Debt €27k▼ 40.7%
The debt ratio falls from 93.7% to 82.6%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€31k
2024 · €27k
Cash flow
€23k
2024 · €21k
Solvency
17.4%
2024 · 6.3%
Current ratio
1.17
2024 · 1.07
Quick ratio
1.17
2024 · 1.07
Debt / equity
4.76
2024 · 14.89
ROE
405.3%
2024 · 693.7%
ROA
70.4%
2024 · 43.7%
Interest coverage
268.27
2024 · 230.24
Debt
€27k
2024 · €45k
Debt ≤ 1 year
€27k
2024 · €45k
Income taxes
€8k
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€48k€32k
Fixed assets21/28€0€948
Tangible fixed assets22/27€0€948
Furniture and vehicles24€0€948
Current assets29/58€48k€31k
Amounts receivable within one year40/41€0€66
Other amounts receivable41€0€66
Cash at bank and in hand54/58€48k€31k
Deferred charges and accrued income490/1€68€137
Equity and liabilities
Total equity and liabilities10/49€48k€32k
Equity10/15€3k€6k
Contributions10/11€3k€3k=
Reserves13€0-
Distributable reserves133€0-
Profit (loss) carried forward14€0€3k
Amounts payable17/49€45k€27k
Amounts payable within one year42/48€45k€27k
Financial debts43€140€0
Credit institutions430/8€140€0
Trade debts44€0-
Suppliers440/4€0-
Taxes, remuneration and social security45€9k€2k
Taxes450/3€9k€2k
Other amounts payable47/48€36k€24k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0€159
Other operating charges640/8€451€496
Non-recurring operating charges66A€332€0
Gross operating margin9900€28k€31k
Operating profit (loss)9901€27k€31k
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€119€115
Recurring financial charges65€119€115
Profit (loss) for the period before taxes9903€27k€31k
Income taxes67/77€7k€8k
Profit (loss) for the period9904€21k€23k
Profit (loss) for the period to be appropriated9905€21k€23k
Appropriation of the result
Profit (loss) to be appropriated9906€16k€23k
Profit (loss) brought forward from the previous period14P€-5k€0
Transfer from equity791/2€2k€0
Profit to be distributed694/7€18k€20k
Return on contributions (dividend)694€18k€20k

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
11-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Back to profitnet €21k
Net result €21k after one loss-making year.
29-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial Weakest financial yearnet €-5k ▼105%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity times 5current ratio 5.29
Current ratio from 1.02 to 5.29; short-term debt falls from €446k to €4k.
11-05
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
08-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 8 days late
2021
28-05
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Liquidity triplescurrent ratio 5.78
Current ratio from 2.04 to 5.78; short-term debt falls from €68k to €43k.
31-12
Financial Equity above €200kEq €285k ▲52.2%
2 profitable years in a row build equity to €285k.
13-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 13 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 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, Evere · 1 establishment unit since 2018
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Kolonel Bourgstraat 1501140 Evere
Ground area
1,772 m²
Building footprint
217 m²
Volume, LiDAR
3,200 m³
Parcel 21372C0112/00D012, Brussels · tallest building 18.4 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
ELLEA TRANSITION
Kolonel Bourgstraat 150/8, 1140 EvereManufacture of motor vehicles, trailers and semi-trailers
since 20182.276.194.476
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21372C0112/00D012 Brussels 1,772 m² 1 · 217 m² 18.4 m · 5 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 30,000 companies in sector 62200 we hold annual accounts for 18,394. 6,581 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded29-01-2018
Fiscal year end31-12
Activities, NACEBEL
62030Computer programming, consultancy and related activities
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
70220Business consulting
78200Temporary employment agencies and other provision of personnel
78300Employment activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.