elleVation
ActiveelleVation has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €152k and a net result of €38k. Equity is growing by ~18.3% per year across the filed fiscal years. Its solvency ranks better than 36% of 7017 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▲+20
Solvency62▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 3.7 against 2.26 in 2024; short-term debt: 10% and cash: 14.7% of total assets), but 63.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
36.8%
Return on assets
9.3%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
30 d early
2023
58 d early
2022
18 d early
2021
53 d early
2020
26 d late
2019
214 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 monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€152k▲ 33.6%
2024 · €114k
2018: €24k
2019: €47k
2020: €38k
2021: €92k
2022: €98k
2023: €104k
2024: €114k
2018 → 2025
Total assets
€412k▼ 0.1%
2024 · €412k
2018: €478k
2019: €509k
2020: €432k
2021: €483k
2022: €444k
2023: €412k
2024: €412k
2018 → 2025
Net result
€38k▲ 316%
2024 · €9k
2018: €-30k
2019: €22k
2020: €-9k
2021: €54k
2022: €6k
2023: €6k
2024: €9k
2018 → 2025
Working capital
€111k▲ 51.7%
2024 · €73k
2018: €-15k
2019: €22k
2020: €14k
2021: €95k
2022: €61k
2023: €72k
2024: €73k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€92k-€98k▲ 6.8%€104k▲ 6.2%€114k▲ 8.8%€152k▲ 33.6%
Operating result€94k-€27k▼ 70.9%€23k▼ 15.7%€26k▲ 14.5%€70k▲ 164%
Net result€54k-€6k▼ 88.4%€6k▼ 2.6%€9k▲ 49.7%€38k▲ 316%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 164% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €412k
Fixed assets
€259k▼ 7.6%
Current assets
€152k▲ 15.8%
Equity and liabilities €412k
Equity
€152k▲ 33.6%
Debt
€260k▼ 12.9%
The debt ratio falls from 72.5% to 63.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€96k▲
2024 · €52k
Cash flow
€64k▲
2024 · €34k
Solvency
36.8%▲
2024 · 27.5%
Current ratio
3.70▲
2024 · 2.26
Quick ratio
3.70▲
2024 · 2.26
Debt / equity
1.71▼
2024 · 2.63
ROE
25.2%▲
2024 · 8.1%
ROA
9.3%▲
2024 · 2.2%
Interest coverage
8.55▲
2024 · 4.60
Debt
€260k▼
2024 · €299k
Debt ≤ 1 year
€41k▼
2024 · €58k
Debt > 1 year
€219k▼
2024 · €240k
Income taxes
€20k▲
2024 · €6k
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€412k€412k▼
Fixed assets21/28€281k€259k▼
Tangible fixed assets22/27€280k€259k▼
Land and buildings22€267k€247k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€12k€11k▼
Financial fixed assets28€247€247=
Current assets29/58€132k€152k▲
Amounts receivable within one year40/41€113k€91k▼
Trade receivables40€104k€86k▼
Other amounts receivable41€9k€5k▼
Cash at bank and in hand54/58€17k€60k▲
Deferred charges and accrued income490/1€2k€997▼
Equity and liabilities
Total equity and liabilities10/49€412k€412k▼
Equity10/15€114k€152k▲
Contributions10/11€19k€19k=
Reserves13€17k€55k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€15k€53k▲
Profit (loss) carried forward14€78k€78k=
Amounts payable17/49€299k€260k▼
Amounts payable after more than one year17€240k€219k▼
Financial debts170/4€190k€169k▼
Other amounts payable178/9€50k€50k=
Amounts payable within one year42/48€58k€41k▼
Current portion of amounts payable after more than one year42€21k€22k▲
Financial debts43€5k€5k▲
Credit institutions430/8€5k€5k▲
Trade debts44€604€5k▲
Suppliers440/4€604€5k▲
Taxes, remuneration and social security45€22k€7k▼
Taxes450/3€21k€6k▼
Remuneration and social security454/9€1k€600▼
Other amounts payable47/48€10k€3k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Non-recurring operating income76A€2k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€26k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€53k€98k▲
Operating profit (loss)9901€26k€70k▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€11k€11k▼
Recurring financial charges65€11k€11k▼
Profit (loss) for the period before taxes9903€15k€59k▲
Income taxes67/77€6k€20k▲
Profit (loss) for the period9904€9k€38k▲
Profit (loss) for the period to be appropriated9905€9k€38k▲
Appropriation of the result
Profit (loss) to be appropriated9906€87k€116k▲
Profit (loss) brought forward from the previous period14P€78k€78k=
Transfer to equity691/2€9k€38k▲
To the legal reserve6920-€38k
To other reserves6921€9k€0▼
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €150kEq €152k ▲33.6%
5 profitable years in a row build equity to €152k.
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €100kEq €104k ▲6.2%
3 profitable years in a row build equity to €104k.
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €54k
Net result €54k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 2.79
Current ratio from 1.20 to 2.79; short-term debt falls from €69k to €53k.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 26 days late
02-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 214 days late
02-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 580 days late
2019
31-12
Financial
Back to profitnet €22k
Net result €22k after one loss-making year.
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
16-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Heusden-Zolder · 1 establishment unit since 2011
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.
Everselkiezel 943550 Heusden-ZolderGround area
2,455 m²
Building footprint
362 m²
Volume, LiDAR
2,131 m³
2 parcels, Flanders · tallest building 12.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
elleVation
since 20112.204.206.521
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71502C0457/00M000 | Flanders | 1,494 m² | 1 · 167 m² | 12.1 m · 3 fl. |
| 71065F0169/00M000 | Flanders | 960 m² | 1 · 195 m² | 6.3 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 13,422 companies in sector 73300 we hold annual accounts for 6,901. 5,440 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded04-11-2011
Fiscal year end31-12
Activities, NACEBEL
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.