ELPERS
ActiveELPERS has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.26M and a net result of €324k. Equity is shrinking by ~10.8% per year across the filed fiscal years. Its solvency ranks better than 57% of 7427 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
98
/ 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency97▼-2
Growth58=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120k at 30 days acceptable
Liquidity ample (current ratio 2.54 against 2.93 in 2023), but 50.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
49.1%
Return on assets
12.6%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
31 d late
2022
88 d late
2021
31 d late
2020
31 d late
2019
69 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€1.26M=
2023 · €1.26M
2018: €2.24M
2019: €2.28M
2020: €2.43M
2021: €1.06M
2022: €1.26M
2023: €1.26M
2018 → 2024
Total assets
€2.57M▲ 5.2%
2023 · €2.44M
2018: €4.81M
2019: €4.81M
2020: €4.70M
2021: €4.08M
2022: €2.33M
2023: €2.44M
2018 → 2024
Net result
€324k▲ 16.6%
2023 · €277k
2018: €85k
2019: €85k
2020: €154k
2021: €126k
2022: €206k
2023: €277k
2018 → 2024
Working capital
€1.36M▼ 2.3%
2023 · €1.39M
2018: €2.53M
2019: €2.53M
2020: €2.61M
2021: €1.18M
2022: €1.37M
2023: €1.39M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€2.43M-€1.06M▼ 56.5%€1.26M▲ 19.5%€1.26M=€1.26M=
Operating result€184k-€86k▼ 53.5%€275k▲ 220%€395k▲ 43.8%€409k▲ 3.5%
Net result€154k-€126k▼ 18.1%€206k▲ 63.4%€277k▲ 34.6%€324k▲ 16.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 4% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.57M
Fixed assets
€338k▼ 0.2%
Current assets
€2.23M▲ 6.1%
Equity and liabilities €2.57M
Equity
€1.26M=
Provisions
€429k=
Debt
€879k▲ 17.0%
The debt ratio rises from 30.7% to 34.2%: debt grows faster than equity.
Key figures and ratios
EBITDA
€481k▲
2023 · €469k
Cash flow
€395k▲
2023 · €351k
Solvency
49.1%▼
2023 · 51.7%
Current ratio
2.54▼
2023 · 2.93
Quick ratio
2.53▼
2023 · 2.92
Debt / equity
0.70▲
2023 · 0.59
ROE
25.6%▲
2023 · 22.0%
ROA
12.6%▲
2023 · 11.4%
Interest coverage
26.05▼
2023 · 33.06
Debt
€879k▲
2023 · €751k
Debt ≤ 1 year
€879k▲
2023 · €718k
Debt > 1 year
€0▼
2023 · €33k
Income taxes
€112k▼
2023 · €122k
Staff costs
€931k▼
2023 · €1.06M
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€2.44M€2.57M▲
Fixed assets21/28€338k€338k▼
Tangible fixed assets22/27€204k€204k▼
Plant, machinery and equipment23€55k€54k▼
Furniture and vehicles24€149k€150k▲
Financial fixed assets28€134k€134k=
Current assets29/58€2.11M€2.23M▲
Stocks and contracts in progress3€8k€9k▲
Stocks30/36€8k€9k▲
Amounts receivable within one year40/41€1.77M€1.88M▲
Trade receivables40€745k€855k▲
Other amounts receivable41€1.02M€1.03M▲
Current investments50/53-€80k
Cash at bank and in hand54/58€302k€231k▼
Deferred charges and accrued income490/1€31k€34k▲
Equity and liabilities
Total equity and liabilities10/49€2.44M€2.57M▲
Equity10/15€1.26M€1.26M=
Contributions10/11€377k€377k=
Capital10€377k€377k=
Issued capital100€377k€377k=
Reserves13€153k€153k=
Non-distributable reserves130/1€38k€38k=
Legal reserve130€38k€38k=
Distributable reserves133€115k€115k=
Profit (loss) carried forward14€734k€734k=
Provisions and deferred taxes16€429k€429k=
Provisions for liabilities and charges160/5€429k€429k=
Pensions and similar obligations160€429k-
Environmental obligations163-€429k
Amounts payable17/49€751k€879k▲
Amounts payable after more than one year17€33k€0▼
Financial debts170/4€33k€0▼
Amounts payable within one year42/48€718k€879k▲
Current portion of amounts payable after more than one year42€40k€36k▼
Trade debts44€188k€322k▲
Suppliers440/4€188k€322k▲
Taxes, remuneration and social security45€143k€128k▼
Taxes450/3€14k€18k▲
Remuneration and social security454/9€129k€110k▼
Other amounts payable47/48€347k€393k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Non-recurring operating income76A€0€1k▲
Remuneration, social security and pensions62€1.06M€931k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€73k€72k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€378€2k▲
Other operating charges640/8€21k€16k▼
Non-recurring operating charges66A€16k€515▼
Gross operating margin9900€1.56M€1.43M▼
Operating profit (loss)9901€395k€409k▲
Financial income75/76B€19k€45k▲
Recurring financial income75€19k€45k▲
Financial charges65/66B€14k€18k▲
Recurring financial charges65€14k€18k▲
Profit (loss) for the period before taxes9903€400k€435k▲
Income taxes67/77€122k€112k▼
Profit (loss) for the period9904€277k€324k▲
Profit (loss) for the period to be appropriated9905€277k€324k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.01M€1.06M▲
Profit (loss) brought forward from the previous period14P€734k€734k=
Profit to be distributed694/7€277k€324k▲
Return on contributions (dividend)694€277k€324k▲
Social balance
Average headcount (FTE)90870.027.0▲
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
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
31-12
Financial
Highest result since 2018net €324k ▲16.6%
Operating result €409k, net result €324k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 31 days late
2023
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 88 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 3.42
Current ratio from 1.48 to 3.42; short-term debt falls from €2.48M to €565k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 69 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
10-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
06-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 67 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 directors, no change since 2024
Kimberly Elpers
CurrentDirector · since 10-09-2024
Mathias Elpers
CurrentDirector · since 10-09-2024
14-10-2024
Kimberly Elpers: Resigned as Non-statutory director
14-10-2024
Kimberly Elpers: Resigned as Managing director
14-10-2024
Mathias Elpers: Resigned as Non-statutory director
14-10-2024
Mathias Elpers: Resigned as Managing director
14-10-2024
Elpers Jr Holding: Resigned as Non-statutory director
14-10-2024
Elpers Jr Holding: Resigned as Managing director
10-09-2024
Kimberly Elpers: Appointed as Director
10-09-2024
Kimberly Elpers: Appointed as Managing director
10-09-2024
Mathias Elpers: Appointed as Director
10-09-2024
Mathias Elpers: Appointed as Managing director
10-09-2024
Elpers Jr Holding BV: Resigned as Director
Location & real-estate footprint
Registered office, Merchtem · 1 establishment unit since 1984
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.
Dooren 1111785 MerchtemGround area
5,285 m²
Building footprint
1,796 m²
Volume, LiDAR
1 m³
Parcel 23602I0078/00G000, Flanders · tallest building 0.1 m. Linked by address, not a title deed.
1 establishment unit
Dooren 111D, 1785 Merchtem
since 19842.024.090.783
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23602I0078/00G000 | Flanders | 5,285 m² | 1 · 1,796 m² | 0.1 m |
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.
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Mowi
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Of 29,531 companies in sector 41001 we hold annual accounts for 15,863. 5,510 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded29-12-1983
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43990Other specialised construction activities
43999Specialised construction activities
45211
45250
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.