Summary
Elprova has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €268,913 and a net result of €33,019. Equity is growing by ~37.3% per year across the filed fiscal years. Its solvency ranks better than 72% of 28254 sector peers (fiscal year 2025). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
364 d late
2023
29 d early
2022
28 d early
2021
4 d early
2020
5 d early
2019
on the day
← 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 42 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 27 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€268,913▲ 14.0%
2024 · €235,894
Total assets
€397,454▼ 15.2%
2024 · €468,750
Net result
€33,019▼ 58.8%
2024 · €80,080
Working capital
-€88,110▲ 51.6%
2024 · -€182,145
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€32,071▲ 599%€43,052▲ 34.2%€82,161▲ 90.8%€122,929▲ 49.6%€57,987▼ 52.8%
Net result€20,096within the sector's middle half€27,536within the sector's middle half▲ 37.0%€54,363above the sector's middle half▲ 97.4%€80,080above the sector's middle half▲ 47.3%€33,019above the sector's middle half▼ 58.8%
Equity€73,915within the sector's middle half▲ 37.3%€101,451within the sector's middle half▲ 37.3%€155,814above the sector's middle half▲ 53.6%€235,894above the sector's middle half▲ 51.4%€268,913above the sector's middle half▲ 14.0%
Total assets€470,481above the sector's middle half▼ 3.7%€523,786above the sector's middle half▲ 11.3%€474,270above the sector's middle half▼ 9.5%€468,750above the sector's middle half▼ 1.2%€397,454above the sector's middle half▼ 15.2%
Debt€396,567▼ 8.8%€422,335▲ 6.5%€318,456▼ 24.6%€232,856▼ 26.9%€128,541▼ 44.8%
Working capital-€241,986below the sector's middle half▼ 12.9%-€263,329below the sector's middle half▼ 8.8%-€256,425below the sector's middle half▲ 2.6%-€182,145below the sector's middle half▲ 29.0%-€88,110below the sector's middle half▲ 51.6%
Solvency15.7%below the sector's middle half▲ 4.7pp19.4%below the sector's middle half▲ 3.7pp32.9%within the sector's middle half▲ 13.5pp50.3%within the sector's middle half▲ 17.5pp67.7%within the sector's middle half▲ 17.3pp
Current ratio0.19below the sector's middle half▼ 0.080.26below the sector's middle half▲ 0.070.05below the sector's middle half▼ 0.210.13below the sector's middle half▲ 0.070.22below the sector's middle half▲ 0.10
Return on assets (ROA)4.3%within the sector's middle half▲ 4.3pp5.3%within the sector's middle half▲ 1.0pp11.5%within the sector's middle half▲ 6.2pp17.1%within the sector's middle half▲ 5.6pp8.3%within the sector's middle half▼ 8.8pp
Staff (FTE)3.8▲ 26.7%2.8▼ 26.3%1.8▼ 35.7%1.8=1.8=
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 53% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €397,454
Fixed assets
€372,188 ▼ 15.8%
Current assets
€25,266 ▼ 5.1%
Equity and liabilities €397,454
Equity
€268,913 ▲ 14.0%
Debt
€128,541 ▼ 44.8%
Debt's share of the balance-sheet total falls from 49.7% to 32.3%. Equity is higher and debt is lower.
Key figures and ratios
ROE
12.3%▼
2024 · 33.9%
Debt ≤ 1 year
€113,376▼
2024 · €208,759
Debt > 1 year
€15,165▼
2024 · €23,904
Income taxes
€16,527▼
2024 · €40,147
Staff costs
€132,082▲
2024 · €127,524
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €157,998 | €100,759 | €127,524 | €132,082 | ▲ 3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,944 | €5,778 | €8,052 | €13,786 | €13,546 | ▼ 1.7% |
| Other operating charges640/8 | - | €2,363 | €505 | €10,086 | €508 | ▼ 95.0% |
| Gross operating margin9900 | €245,450 | €209,192 | €191,476 | €274,325 | €204,123 | ▼ 25.6% |
| Operating profit (loss)9901 | €32,071 | €43,052 | €82,161 | €122,929 | €57,987 | ▼ 52.8% |
| Financial income75/76B | - | €0 | €953 | €130 | €7 | ▼ 94.3% |
| Recurring financial income75 | €10 | €0 | €953 | €130 | €7 | ▼ 94.3% |
| Financial charges65/66B | - | €762 | €3,066 | €2,833 | €8,448 | ▲ 198% |
| Recurring financial charges65 | €1,658 | €762 | €3,066 | €2,833 | €8,448 | ▲ 198% |
| Profit (loss) for the period before taxes9903 | €30,424 | €42,290 | €80,048 | €120,227 | €49,546 | ▼ 58.8% |
| Income taxes67/77 | €10,328 | €14,754 | €25,685 | €40,147 | €16,527 | ▼ 58.8% |
| Profit (loss) for the period9904 | €20,096 | €27,536 | €54,363 | €80,080 | €33,019 | ▼ 58.8% |
| Profit (loss) for the period to be appropriated9905 | €20,096 | €27,536 | €54,363 | €80,080 | €33,019 | ▼ 58.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €470,481 | €523,786 | €474,270 | €468,750 | €397,454 | ▼ 15.2% |
| Fixed assets21/28 | €413,292 | €429,821 | €459,786 | €442,135 | €372,188 | ▼ 15.8% |
| Tangible fixed assets22/27 | €7,292 | €23,821 | €53,786 | €42,135 | €28,588 | ▼ 32.2% |
| Plant, machinery and equipment23 | - | €5,117 | €3,372 | €1,986 | €601 | ▼ 69.8% |
| Furniture and vehicles24 | - | €17,391 | €49,777 | €40,149 | €27,988 | ▼ 30.3% |
| Other tangible fixed assets26 | - | €1,313 | €637 | - | - | - |
| Financial fixed assets28 | €406,000 | €406,000 | €406,000 | €400,000 | €343,600 | ▼ 14.1% |
| Current assets29/58 | €57,189 | €93,965 | €14,484 | €26,615 | €25,266 | ▼ 5.1% |
| Stocks and contracts in progress3 | €585 | - | - | €1,500 | €0 | ▼ 100% |
| Stocks30/36 | - | - | - | €1,500 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €52,995 | €36,474 | €9,973 | €17,645 | €18,670 | ▲ 5.8% |
| Trade receivables40 | - | €36,456 | €3,268 | €17,645 | €10,197 | ▼ 42.2% |
| Other amounts receivable41 | - | €19 | €6,704 | - | €8,473 | - |
| Cash at bank and in hand54/58 | €2,343 | €54,123 | €1,468 | €7,027 | €6,122 | ▼ 12.9% |
| Deferred charges and accrued income490/1 | - | €3,367 | €3,043 | €443 | €474 | ▲ 7.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €470,481 | €523,786 | €474,270 | €468,750 | €397,454 | ▼ 15.2% |
| Equity10/15 | €73,915 | €101,451 | €155,814 | €235,894 | €268,913 | ▲ 14.0% |
| Contributions10/11 | - | €50,000 | €50,000 | €50,000 | €50,000 | = |
| Reserves13 | €23,915 | €51,451 | €105,814 | €185,894 | €218,913 | ▲ 17.8% |
| Non-distributable reserves130/1 | - | €315 | €315 | €315 | - | - |
| Reserves not available under the articles1311 | - | €315 | €315 | €315 | - | - |
| Distributable reserves133 | - | €51,136 | €105,499 | €185,579 | €218,913 | ▲ 18.0% |
| Amounts payable17/49 | €396,567 | €422,335 | €318,456 | €232,856 | €128,541 | ▼ 44.8% |
| Amounts payable after more than one year17 | €97,391 | €64,330 | €47,374 | €23,904 | €15,165 | ▼ 36.6% |
| Financial debts170/4 | - | €64,330 | €47,374 | €23,904 | €15,165 | ▼ 36.6% |
| Amounts payable within one year42/48 | €299,175 | €357,294 | €270,909 | €208,759 | €113,376 | ▼ 45.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €23,288 | €7,651 | ▼ 67.1% |
| Financial debts43 | - | €49,003 | €55,966 | - | - | - |
| Credit institutions430/8 | - | €49,003 | €55,966 | - | - | - |
| Trade debts44 | €75,092 | €63,411 | €37,533 | €15,254 | €20,968 | ▲ 37.5% |
| Suppliers440/4 | - | €63,411 | €37,533 | €15,254 | €20,968 | ▲ 37.5% |
| Taxes, remuneration and social security45 | - | €29,880 | €6,930 | €43,738 | €14,015 | ▼ 68.0% |
| Taxes450/3 | - | €15,976 | €1,595 | €26,461 | €7,831 | ▼ 70.4% |
| Remuneration and social security454/9 | - | €13,904 | €5,335 | €17,277 | €6,184 | ▼ 64.2% |
| Other amounts payable47/48 | - | €215,000 | €170,480 | €126,480 | €70,741 | ▼ 44.1% |
| Accrued charges and deferred income492/3 | - | €711 | €173 | €192 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,096 | €27,536 | €54,363 | €80,080 | €33,019 | ▼ 58.8% |
| + Depreciation and write-downs630 | €7,944 | €5,778 | €8,052 | €13,786 | €13,546 | ▼ 1.7% |
| Operating cash flow (approximation) | €28,040 | €33,314 | €62,415 | €93,866 | €46,566 | ▼ 50.4% |
| Investment in fixed assets (approximation) | - | -€22,307 | -€38,017 | €3,865 | €56,400 | ▲ 1,359% |
| Change in cash | - | €51,780 | -€52,655 | €5,559 | -€905 | ▼ 116% |
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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 364 days late
2024
30-06
Financial
Highest result since 2019net €80,080 ▲47.3%
Operating result €122,929, net result €80,080, both a record.
30-06
Financial
Equity above €200,000Eq €235,894 ▲51.4%
4 profitable years in a row build equity to €235,894.
02-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Equity above €150,000Eq €155,814 ▲53.6%
3 profitable years in a row build equity to €155,814.
03-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Equity above €100,000Eq €101,451 ▲37.3%
2 profitable years in a row build equity to €101,451.
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Back to profitnet €20,096
Net result €20,096 after one loss-making year.
26-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Weakest financial yearnet -€37
Net result drops to -€37, the lowest in the series; recovery starts the following year.
Show earlier events
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Kortrijk · 1 establishment unit since 2014
Ground area
6,579 m²
Building footprint
3,522 m²
Volume, LiDAR
23,349 m³
2 parcels, Flanders · tallest building 8.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Elprova
since 20142.236.822.968
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34016C1040/00B000 | Flanders | 4,199 m² | 1 · 2,279 m² | 8.3 m · 2 fl. |
| 34007A0172/00V000 | Flanders | 2,380 m² | 1 · 1,243 m² | 8.7 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 22,829 companies in sector 43211 we hold annual accounts for 10,334. 7,775 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
Founded14-10-2014
Fiscal year end30-06
Activities, NACEBEL 2025
43211General electrical installation work
64210Activities of holding companies
82100Office administrative and support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0563993038
Also
9925:BE0563993038
Registered
05-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.