ELLY CONSTRUCT
Open bankruptcyA bankruptcy procedure is open for ELLY CONSTRUCT according to publications in the Belgian State Gazette; curator: Ilse VAN DE MIEROP. The 2025 annual accounts show negative equity (€-62k) and a net result of €-107k.
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €-62k
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 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 · 5 filingsDeviation from the deadline
2025
2 d late
2024
5 d late
2023
8 d late
2022
on the day
2021
27 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
30-06-2026 close22-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€416k
EBIT margin
5.1%
Net result
€-107k
2024 · €13k
2021: €25k
2022: €2k
2023: €14k
2024: €13k
2021 → 2025
Working capital
€-93k
2024 · €14k
2021: €17k
2022: €17k
2023: €1k
2024: €14k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€416k
Equity€17k-€19k▲ 12.5%€33k▲ 75.8%€46k▲ 38.1%€-62k
Operating result€28k-€3k▼ 90.1%€21k▲ 665%€24k▲ 13.2%€29k▲ 18.6%
Net result€25k-€2k▼ 91.5%€14k▲ 581%€13k▼ 11.6%€-107k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 19% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €162k
Fixed assets
€73k▼ 16.6%
Current assets
€89k▲ 58.4%
Key figures and ratios
EBITDA
€55k▲
2024 · €50k
Cash flow
€-81k▼
2024 · €39k
Solvency
-38.0%▼
2024 · 31.8%
Current ratio
0.49▼
2024 · 1.33
Quick ratio
0.49▼
2024 · 1.33
Debt / equity
-3.63▼
2024 · 2.14
ROA
-66.2%▼
2024 · 8.8%
Interest coverage
8.51▲
2024 · 6.53
Debt
€224k▲
2024 · €98k
Debt ≤ 1 year
€182k▲
2024 · €42k
Debt > 1 year
€42k▼
2024 · €56k
Income taxes
€130k▲
2024 · €4k
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€144k€162k▲
Fixed assets21/28€88k€73k▼
Tangible fixed assets22/27€88k€73k▼
Plant, machinery and equipment23-€892
Furniture and vehicles24€70k€60k▼
Leasing and similar rights25€18k€12k▼
Current assets29/58€56k€89k▲
Amounts receivable within one year40/41€53k€73k▲
Trade receivables40€49k€62k▲
Other amounts receivable41€4k€10k▲
Cash at bank and in hand54/58€3k€16k▲
Deferred charges and accrued income490/1€151€297▲
Equity and liabilities
Total equity and liabilities10/49€144k€162k▲
Equity10/15€46k€-62k▼
Contributions10/11€3k€3k=
Reserves13€300€300=
Non-distributable reserves130/1€300€300=
Reserves not available under the articles1311€300€300=
Profit (loss) carried forward14€43k€-65k▼
Amounts payable17/49€98k€224k▲
Amounts payable after more than one year17€56k€42k▼
Financial debts170/4€56k€42k▼
Amounts payable within one year42/48€42k€182k▲
Current portion of amounts payable after more than one year42€25k€25k▲
Trade debts44€9k€18k▲
Suppliers440/4€9k€18k▲
Taxes, remuneration and social security45€8k€138k▲
Taxes450/3€4k€130k▲
Remuneration and social security454/9€4k€8k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€26k▲
Other operating charges640/8€2k€782▼
Gross operating margin9900€52k€56k▲
Operating profit (loss)9901€24k€29k▲
Financial income75/76B€4-
Recurring financial income75€4-
Financial charges65/66B€8k€6k▼
Recurring financial charges65€8k€6k▼
Profit (loss) for the period before taxes9903€17k€22k▲
Income taxes67/77€4k€130k▲
Profit (loss) for the period9904€13k€-107k▼
Profit (loss) for the period to be appropriated9905€13k€-107k▼
Appropriation of the result
Profit (loss) to be appropriated9906€43k€-65k▼
Profit (loss) brought forward from the previous period14P€30k€43k▲
The notes to these accounts (6 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
30-03
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · ELLY CONSTRUCT BV BERCHEMSTRAAT 16, 1700 DILBEEK · event 24-03-2026
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 2 days late
2025
30-06
Financial
Weakest financial yearnet €-107k ▼950%
Net result drops to €-107k, the lowest in the series.
05-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 5 days late
2024
08-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 8 days late
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
04-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Dilbeek · 1 establishment unit since 2020
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.
Berchemstraat 161700 DilbeekGround area
811 m²
Building footprint
392 m²
Volume, LiDAR
3,164 m³
2 parcels, Flanders · tallest building 13.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ELLY CONSTRUCT
since 20202.299.444.089
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23016D0183/00S000 | Flanders | 678 m² | 1 · 260 m² | 13.1 m · 3 fl. |
| 23042B0002/00_000 | Flanders | 132 m² | 1 · 132 m² | 9.8 m · 3 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Ilse VAN DE MIEROP WOLSTRAAT 68-70,
1000 BRUSSEL 1 |
24-03-2026 → present |
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 6,040 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-01-2020
Fiscal year end30-06
Activities, NACEBEL
43990Other specialised construction activities
43995Specialised construction activities
43999Specialised construction activities
81210General cleaning of buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.