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ELPERS

Active
Public limited companyfounded 1983active for 42 yearsDooren 111, 1785 Merchtem, Belgium10 active companies are registered at this addressKBO/BCE: BE 0425.207.022
Summary

ELPERS has been active since 1983 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of €329,644. Equity is shrinking by about 12% per year across the filed financial years. Its solvency ranks better than 53% of 2,435 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisFollow ReportCompare
ELPERSActiveChecked score 92/100
Risk analysis ReportCompare

Overview

Activity
Other specialised construction activities
NACE 43990General construction of residential buildings NACE 41001
3rd largest company by total assets in Merchtem, Construction sector1 site
Size
€2.8mtotal assets 2025
Staff
26 FTE
Equity
€1.3m
Profit
€329,644
Financial health
92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Parent
ELPERS JR HOLDING · 100%
Holdings
1
2025 accounts filed 76 days late2 of 9 deeds summarised
Why 92raises riskLast filed accounts filed 76 days late; 2 of the last 3 lateSector: Specialised construction activities (NACE 43)lowers riskFounded in 1983Liquidity: current ratio 2.20, cash €753,578Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 62% of its sector peers (NACE 43, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 70-4
equity 44.5% of total assets
Liquidity 64+18
short-term debt 40.4% · cash 26.5%
Profitability 83-1
return on assets 11.6%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,647 companies, NACE 43, small)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.3%▲ +0.1 percentage points vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.2%▼ -0.1 percentage points vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.3%▲ +0.1 percentage points vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.3 percentage points vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026highest value 10-2026: 0.2%▼ -0.4 percentage points vs 09-2026
Credit of up to €110,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.2, compared with 2.54 in 2024, above the usual 1.5; short-term debt: 40.4% and cash: 26.5% of total assets), but 55.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, small): better than 60% on solvency, 80% on liquidity, 79% on profitability and 28% on growth.

The bankruptcy probability was computed on 27-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 76 days late; 2 of the last 3 late
NBB · filings
lowers risk · Founded in 1983
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 2.20, cash €753,578
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · 2025 accounts filed 76 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-10-2026, 76 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
76 days late
2024
28 days late
2023
31 days late
2022
88 days late
2021
31 days late
2020
31 days late
2019
69 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 51 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% 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 1 September (4 of the last 5 filed years within 44 days of that day).
Companies Code · seven months
Where today falls in the filing period
27-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Highest result from 2018 to 2025net €329,644 ▲1.9%
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Positive: 3rd largest company by total assets in Merchtem, Construction sectorin the Checked rankings No. 3 View
  • Caution: Latest accounts filed lateafter the legal deadline 76 days View
  • Positive: 8 profitable years in a rowprofit 2025: €329,644 8 years View
  • Controlled by ELPERS JR HOLDING 100% View

By topic

Financials

Financial year
2025
Total assets
€2.8m
Profit
€329,644
Solvency
44.5%
Total assets▲ 10.4%
Net result
20182025
Go to Financials

Board & ownership

Board
2 members
Parent
ELPERS JR HOLDING · 100%
  • Elpers Jr HoldingDirector
  • ELPERS MathiasDirector
Go to Board & ownership

Timeline

Events
41
Since
1985
Next accounts
by 31-07-2027
  1. 14-10-2024Resignations: Elpers Jr Holding, ELPERS Kimberly and…
  2. 27-09-2024Resignation: Elpers Jr Holding BV (director)
  3. 31-08-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Other specialised construction activitiesNACE 43990
Founded
29-12-1983
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
29
Annual meeting
Last Saturday of May at 14:00
Purpose
“Het bouwen, verbouwen, onderhouden van gebouwen, materiaal en materieel in de ruimste zin…” (deed in Dutch)
Go to Articles of association

Key facts about ELPERS

What is the company number of ELPERS?
0425.207.022. In Belgium the VAT number is the company number with BE in front: BE 0425.207.022.
Where is ELPERS based?
The registered office is at Dooren 111, 1785 Merchtem.Company details
What does ELPERS do?
According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
What is the legal form of ELPERS?
Public limited company (NV).
When was ELPERS founded?
On 29-12-1983.
Is ELPERS still active?
Yes, ELPERS is an active enterprise in the KBO register.
How many employees does ELPERS have?
On average 26 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of ELPERS?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is ELPERS profitable?
In financial year 2025, ELPERS made a profit of €329,644.
Where can I find the annual accounts of ELPERS?
ELPERS filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ELPERS due?
By 31-07-2027, for financial year 2026.Timeline

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