ELP-Technics
ActiveSummary
The computed 12-month bankruptcy probability of ELP-Technics is 2.7% (moderate). The annual accounts of ELP-Technics for fiscal year 2025 show a net loss of 60% of total assets. The 2025 annual accounts show equity of €12k and a net result of €-8k. Equity is shrinking by ~24.1% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 89% of 1526 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
59
/ 100
Fair
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-32
Solvency100=
Growth32▼-26
Track record94
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 4.94 against 18.16 in 2024; short-term debt: 16.1% and cash: 46.1% of total assets), and 16.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Rental and leasing activities (NACE 77)
about 44% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
83.9%
Return on assets
-60.3%
Age of the figures
9 mo
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 €-8k
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 d early
2024
30 d early
2023
9 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€12k▼ 41.8%
2024 · €20k
2023: €21khighest in 3 years
2024: €20k▼ -5.9% vs 2023
2025: €12k▼ -41.8% vs 2024lowest in 3 years
2023 → 2025
Total assets
€14k▼ 33.9%
2024 · €21k
2023: €22khighest in 3 years
2024: €21k▼ -3.9% vs 2023
2025: €14k▼ -33.9% vs 2024lowest in 3 years
2023 → 2025
Net result
€-8k▼ 562%
2024 · €-1k
2023: €-4k
2024: €-1k▲ +67.8% vs 2023highest in 3 years
2025: €-8k▼ -562% vs 2024lowest in 3 years
2023 → 2025
Working capital
€9k▼ 48.9%
2024 · €17k
2023: €19khighest in 3 years
2024: €17k▼ -9.6% vs 2023
2025: €9k▼ -48.9% vs 2024lowest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€21k-€20k▼ 5.9%€12k▼ 41.8%
2023: €21khighest in 3 years
2024: €20k▼ -5.9% vs 2023
2025: €12k▼ -41.8% vs 2024lowest in 3 years
Operating result€-4k-€-1k▲ 70.2%€-8k▼ 615%
2023: €-4k
2024: €-1k▲ +70.2% vs 2023highest in 3 years
2025: €-8k▼ -615% vs 2024lowest in 3 years
Net result€-4k-€-1k▲ 67.8%€-8k▼ 562%
2023: €-4k
2024: €-1k▲ +67.8% vs 2023highest in 3 years
2025: €-8k▼ -562% vs 2024lowest in 3 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8k in 2025 against €1k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €14k
Fixed assets
€3k ▲ 2.7%
Current assets
€11k ▼ 39.5%
Equity and liabilities €14k
Equity
€12k ▼ 41.8%
Debt
€2k ▲ 123%
Debt's share of the balance-sheet total rises from 4.8% to 16.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-6k▼
2024 · €271
Cash flow
€-6k▼
2024 · €172
Current ratio
4.94▼
2024 · 18.16
Debt to equity
0.19▲
2024 · 0.05
ROE
-71.8%▼
2024 · -6.3%
ROA
-60.3%▼
2024 · -6.0%
Interest coverage
-155.41▼
2024 · 2.47
Debt ≤ 1 year
€2k▲
2024 · €998
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 32 lines
Balance sheet
Code20242025
Assets
Total assets20/58€21k€14k▼
Fixed assets21/28€3k€3k▲
Tangible fixed assets22/27€3k€3k▲
Plant, machinery and equipment23€3k€3k▲
Current assets29/58€18k€11k▼
Amounts receivable within one year40/41€9k€5k▼
Trade receivables40€9k€4k▼
Other amounts receivable41€250€439▲
Cash at bank and in hand54/58€9k€6k▼
Equity and liabilities
Total equity and liabilities10/49€21k€14k▼
Equity10/15€20k€12k▼
Contributions10/11€25k€25k=
Profit (loss) carried forward14€-5k€-13k▼
Amounts payable17/49€998€2k▲
Amounts payable within one year42/48€998€2k▲
Trade debts44€162€1k▲
Suppliers440/4€162€1k▲
Taxes, remuneration and social security45€53-
Taxes450/3€53-
Other amounts payable47/48€783€1k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Gross operating margin9900€271€-6k▼
Operating profit (loss)9901€-1k€-8k▼
Financial income75/76B€11-
Recurring financial income75€11-
Financial charges65/66B€110€40▼
Recurring financial charges65€110€40▼
Profit (loss) for the period before taxes9903€-1k€-8k▼
Profit (loss) for the period9904€-1k€-8k▼
Profit (loss) for the period to be appropriated9905€-1k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€-13k▼
Profit (loss) brought forward from the previous period14P€-4k€-5k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €695 | €1k | €2k | ▲ 39.2% |
| Gross operating margin9900 | €-3k | €271 | €-6k | ▼ 2,417% |
| Operating profit (loss)9901 | €-4k | €-1k | €-8k | ▼ 615% |
| Financial income75/76B | - | €11 | - | - |
| Recurring financial income75 | - | €11 | - | - |
| Financial charges65/66B | €15 | €110 | €40 | ▼ 63.2% |
| Recurring financial charges65 | €15 | €110 | €40 | ▼ 63.2% |
| Profit (loss) for the period before taxes9903 | €-4k | €-1k | €-8k | ▼ 562% |
| Profit (loss) for the period9904 | €-4k | €-1k | €-8k | ▼ 562% |
| Profit (loss) for the period to be appropriated9905 | €-4k | €-1k | €-8k | ▼ 562% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €22k | €21k | €14k | ▼ 33.9% |
| Formation expenses20 | €463 | - | - | - |
| Fixed assets21/28 | €2k | €3k | €3k | ▲ 2.7% |
| Tangible fixed assets22/27 | €2k | €3k | €3k | ▲ 2.7% |
| Plant, machinery and equipment23 | €2k | €3k | €3k | ▲ 2.7% |
| Current assets29/58 | €20k | €18k | €11k | ▼ 39.5% |
| Stocks and contracts in progress3 | €1k | - | - | - |
| Stocks30/36 | €1k | - | - | - |
| Amounts receivable within one year40/41 | €810 | €9k | €5k | ▼ 50.4% |
| Trade receivables40 | - | €9k | €4k | ▼ 53.9% |
| Other amounts receivable41 | €810 | €250 | €439 | ▲ 75.3% |
| Cash at bank and in hand54/58 | €17k | €9k | €6k | ▼ 27.9% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €22k | €21k | €14k | ▼ 33.9% |
| Equity10/15 | €21k | €20k | €12k | ▼ 41.8% |
| Contributions10/11 | €25k | €25k | €25k | = |
| Profit (loss) carried forward14 | €-4k | €-5k | €-13k | ▼ 161% |
| Amounts payable17/49 | €586 | €998 | €2k | ▲ 123% |
| Amounts payable within one year42/48 | €586 | €998 | €2k | ▲ 123% |
| Trade debts44 | €231 | €162 | €1k | ▲ 564% |
| Suppliers440/4 | €231 | €162 | €1k | ▲ 564% |
| Taxes, remuneration and social security45 | - | €53 | - | - |
| Taxes450/3 | - | €53 | - | - |
| Other amounts payable47/48 | €355 | €783 | €1k | ▲ 46.5% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €-4k | €-1k | €-8k | ▼ 562% |
| + Depreciation and write-downs630 | €695 | €1k | €2k | ▲ 39.2% |
| Operating cash flow (approximation) | €-3k | €172 | €-6k | ▼ 3,767% |
| Investment in fixed assets (approximation) | - | €-2k | €-2k | ▲ 16.1% |
| Change in cash | - | €-9k | €-2k | ▲ 71.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series.
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Malle · 1 establishment unit since 2023
Ground area
1,023 m²
Building footprint
197 m²
Volume, LiDAR
595 m³
Parcel 11049A0715/00V002, Flanders · tallest building 4.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
ELP-Technics
since 20232.347.827.194
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11049A0715/00V002 | Flanders | 1,023 m² | 1 · 197 m² | 4.3 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 233 companies in sector 77221 we hold annual accounts for 125. 49 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-07-2023
Fiscal year end31-12
Activities, NACEBEL 2025
77221Rental and leasing activities
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.