Elsevate
ActiveSummary
Elsevate has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €3,237 and a net result of €2,748. Its solvency ranks better than 31% of 1,177 sector peers (NACE 70, financial year 2026). The computed 12-month bankruptcy probability is below 0.1% (very low).
Financials · financial year 2026, micro format
2025 to 2026, 2 financial years
The operating result returns to profit in 2026: €3,150 after a loss of €2,011 in 2025.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.
Peer companies
Historical observationOf the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.
- Micro
- under 2 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 11,279 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2025 | 2026 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €192 | - |
| Other operating charges640/8 | - | €143 | - |
| Gross operating margin9900 | -€2,011 | €3,485 | - |
| Operating profit (loss)9901 | -€2,011 | €3,150 | - |
| Financial charges65/66B | - | €329 | - |
| Recurring financial charges65 | - | €329 | - |
| Profit (loss) for the period before taxes9903 | -€2,011 | €2,821 | - |
| Income taxes67/77 | - | €74 | - |
| Profit (loss) for the period9904 | -€2,011 | €2,748 | - |
| Profit (loss) for the period to be appropriated9905 | -€2,011 | €2,748 | - |
| Line | 2025 | 2026 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €4,161 | €8,873 | ▲ 113% |
| Fixed assets21/28 | - | €654 | - |
| Tangible fixed assets22/27 | - | €654 | - |
| Furniture and vehicles24 | - | €654 | - |
| Current assets29/58 | €4,161 | €8,220 | ▲ 97.5% |
| Amounts receivable within one year40/41 | €600 | €620 | ▲ 3.3% |
| Trade receivables40 | €600 | €620 | ▲ 3.3% |
| Cash at bank and in hand54/58 | €3,561 | €7,327 | ▲ 106% |
| Deferred charges and accrued income490/1 | - | €273 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €4,161 | €8,873 | ▲ 113% |
| Equity10/15 | €489 | €3,237 | ▲ 562% |
| Contributions10/11 | €2,500 | €2,500 | = |
| Reserves13 | - | €737 | - |
| Distributable reserves133 | - | €737 | - |
| Profit (loss) carried forward14 | -€2,011 | €0 | - |
| Amounts payable17/49 | €3,672 | €5,636 | ▲ 53.5% |
| Amounts payable within one year42/48 | €3,672 | €5,636 | ▲ 53.5% |
| Trade debts44 | €411 | €595 | ▲ 44.9% |
| Suppliers440/4 | €411 | €595 | ▲ 44.9% |
| Taxes, remuneration and social security45 | - | €74 | - |
| Taxes450/3 | - | €74 | - |
| Other amounts payable47/48 | €3,261 | €4,967 | ▲ 52.3% |
| Line | 2025 | 2026 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€2,011 | €2,748 | - |
| + Depreciation and write-downs630 | - | €192 | - |
| Operating cash flow (approximation) | -€2,011 | €2,940 | - |
| Change in cash | - | €3,766 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2026 | micro format | 19-10-2026 | 2026-00562381 |
| 30-06-2025 | micro format | 17-11-2025 | 2025-00566948 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.