Losses
-€13,444 in three years
Every financial year from 2023 to 2025 closed with a loss. 2025 was the heaviest.
ELP-Technics
Lifetime
3 annual accounts with figures on one time axispeak €271 (2024)
-€6,277▼ €6,548
lowest -€8,301 (2025)
-€8,301▼ €7,048
peak €21,110 (2023)
€11,556▼ 41.8%
€2,222▲ 123%
Board1 name since 2023
1 directorPLUYM Bart
Documentsfilings and deeds
03-07-202628 days before the deadline
2025micro format
Gross margin from €271 to -€6,277Loss of €8,301Equity from €19,857 to €11,556Debts from €998 to €2,222
Key points
from the 2025 annual accountsLiquidity
4.94 was 18.16 in 2024
Short-term debts rose from €998 to €2,222.
Position in the sector
83.9%
Higher solvency than 89% of companies in rental and leasing. Sector median 30.2% · 1,847 companies.
Turnover not published (micro format)
Checked score
56
Fair
Financially stronger than 51% of micro companies in rental and leasing (NACE 77)
Probability in this band: 1.5% to 4.2%
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 3,165 companies (NACE 77, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024lowest value
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.4%▲ +0.1 percentage points vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.5%▲ +0.1 percentage points vs 06-2025
08-2025: 0.4%▼ -0.1 percentage points vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.5%▲ +0.1 percentage points vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.5%● unchanged vs 06-2026highest value
08-2026: 0.5%● unchanged vs 07-2026
09-2026: 0.5%● unchanged vs 08-2026
10-2026: 0.5%● unchanged vs 09-2026
11-2026: 0.5%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year
Founded in 2023
lowers risk
Liquidity: current ratio 4.94, cash €6,355
Size: total assets €13,778
Equity €11,556 (83.9% of total assets)
Calculation
The band follows from the bankruptcy probability. 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 77, micro). It does better than 92% of them on solvency, 94% on liquidity, 6% on profitability and 13% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 3,223 companies had the same profile as ELP-Technics has now. Each dot stands for 9 companies, two years later.
87.8%
were still trading
8.7%
stopped another way
3.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of ELP-Technics itself is lower: 0.5% within 12 months. It rests on far more data about ELP-Technics than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,223 companies, not a prediction for ELP-Technics. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €500 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is ample, with a current ratio of 4.94 (18.16 in 2024), above the usual 1.5. Short-term debt is 16.1% and cash 46.1% of total assets. 16.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
232425
2023 to 2025 · latest year -€8,301
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 03-07-2026, 28 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
28 days early
2024
30 days early
2023
9 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 22 days before the deadline. In the sector (NACE 77), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 3 July (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0803630746
Incorporation
Founding capital of €25,000, 100 shares · Founder: PLUYM Bart · Appointment: PLUYM Bart (director) · published on 07-07-2023 · Gazette deed
First establishment
Brechtsesteenweg 30, Malle
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ELP-Technics Malle | €13,778 | -€6,277 | 83.9% | - |
| VL Aannemingen Opwijk | €17,369 | -€15,369 | -93.1% | - |
| ND Leuze-en-Hainaut | €24,017 | -€2,704 | -65.9% | - |
| MIPA RENT Sint-Niklaas | €26,080 | -€37,368 | -169.2% | - |
| JOMICK Lier | €41,936 | €2,990 | -16.3% | - |
| LA ROLLS Fléron | €71,661 | -€11,242 | 30.1% | - |
| RT Rent Harelbeke | €84,916 | -€33,750 | -109.8% | - |
These companies have the same main activity as ELP-Technics: rental and leasing activities (NACE 77221). They are comparable in size and age: total assets between €17,400 and €84,900, founded between 2021 and 2024.
Official details
Source: KBO- Status
- Active since 05-07-2023Normal situation
- Activity
- Rental and leasing activitiesNACE 77221and 4 others
- Establishment unit
- 2.347.827.1942390 Malle, since 05-07-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 25-12-2025
Annual accounts 2025
- €13,778▼ 33.9%
- Filing
- Filed on 03-07-2026, 28 days before the end of the filing period
Insights on ELP-Technics
ELP-Technics files the micro format. That format states no turnover. The gross margin fell from -€3,181 in 2023 to -€6,277 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ELP-Technics
- What is the company number of ELP-Technics?
- The company number of ELP-Technics is 0803.630.746. The VAT number is the same number with BE in front: BE 0803.630.746.
- Where is ELP-Technics based?
- The registered office is at Brechtsesteenweg 30, 2390 Malle.Company details
- What does ELP-Technics do?
- According to the KBO register, the main activity is rental and leasing activities (NACE 77221).
- What is the legal form of ELP-Technics?
- ELP-Technics is a private limited company (BV).
- When was ELP-Technics founded?
- ELP-Technics was founded on 05-07-2023.
- Is ELP-Technics still active?
- Yes, ELP-Technics is an active enterprise in the KBO register.
- What is the turnover of ELP-Technics?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is ELP-Technics profitable?
- In financial year 2025, ELP-Technics made a loss of €8,301.
- Where can I find the annual accounts of ELP-Technics?
- ELP-Technics filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ELP-Technics due?
- ELP-Technics must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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