ELST BOUWWERKEN
ActiveSummary
ELST BOUWWERKEN has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €569k and a net result of €162k. Equity is growing by ~31.4% per year across the filed fiscal years. Its solvency ranks better than 87% of 2179 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
93
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability97=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 4.69 against 3.84 in 2024; short-term debt: 19.1% and cash: 69% of total assets), and 21.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
78.3%
Return on assets
22.3%
Age of the figures
15 mo
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 28-01-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
on the day
2023
on the day
2022
on the day
2021
3 d early
2020
1 d late
2019
on the day
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€655k
EBIT margin
7.3%
Net result
€162k▲ 27.5%
2024 · €127k
2019: €32k
2020: €38k
2021: €86k
2022: €51k
2023: €72k
2024: €127k
2019 → 2025
Working capital
€511k▲ 38.0%
2024 · €370k
2019: €112k
2020: €117k
2021: €188k
2022: €200k
2023: €261k
2024: €370k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€223k-€236k▲ 6.1%€309k▲ 30.6%€436k▲ 41.2%€569k▲ 30.6%
Operating result€130k-€77k▼ 40.9%€110k▲ 43.4%€187k▲ 69.4%€244k▲ 30.6%
Net result€86k-€51k▼ 40.5%€72k▲ 41.2%€127k▲ 75.9%€162k▲ 27.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 31% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €727k
Fixed assets
€78k ▲ 18.1%
Current assets
€649k ▲ 29.8%
Equity and liabilities €727k
Equity
€569k ▲ 30.6%
Debt
€158k ▲ 21.2%
Debt's share of the balance-sheet total falls from 23.0% to 21.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€274k▲
2024 · €212k
Cash flow
€193k▲
2024 · €153k
Current ratio
4.69▲
2024 · 3.84
Debt to equity
0.28▼
2024 · 0.30
ROE
28.5%▼
2024 · 29.2%
ROA
22.3%▼
2024 · 22.5%
Interest coverage
19.60▼
2024 · 21.67
Debt ≤ 1 year
€138k▲
2024 · €130k
Debt > 1 year
€15k
Income taxes
€70k▲
2024 · €53k
Staff costs
€132k▼
2024 · €163k
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 · 62 lines
Balance sheet
Code20242025
Assets
Total assets20/58€566k€727k▲
Fixed assets21/28€66k€78k▲
Tangible fixed assets22/27€66k€78k▲
Plant, machinery and equipment23€29k€22k▼
Furniture and vehicles24€35k€22k▼
Leasing and similar rights25-€32k
Other tangible fixed assets26€2k€1k▼
Financial fixed assets28€80€80=
Current assets29/58€500k€649k▲
Stocks and contracts in progress3€11k€0▼
Stocks30/36€0-
Contracts in progress37€11k€0▼
Amounts receivable within one year40/41€113k€84k▼
Trade receivables40€80k€59k▼
Other amounts receivable41€33k€25k▼
Current investments50/53€151k€56k▼
Cash at bank and in hand54/58€221k€501k▲
Deferred charges and accrued income490/1€4k€8k▲
Equity and liabilities
Total equity and liabilities10/49€566k€727k▲
Equity10/15€436k€569k▲
Contributions10/11€19k€19k=
Reserves13€402k€537k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€117€117=
Distributable reserves133€402k€537k▲
Profit (loss) carried forward14€15k€14k▼
Amounts payable17/49€130k€158k▲
Amounts payable after more than one year17-€15k
Financial debts170/4-€15k
Amounts payable within one year42/48€130k€138k▲
Current portion of amounts payable after more than one year42€0€13k▲
Trade debts44€116k€92k▼
Suppliers440/4€116k€92k▼
Taxes, remuneration and social security45€6k€7k▲
Taxes450/3€414€799▲
Remuneration and social security454/9€6k€6k▲
Other amounts payable47/48€8k€27k▲
Accrued charges and deferred income492/3-€4k
Income statement
Code20242025
Non-recurring operating income76A-€8k
Remuneration, social security and pensions62€163k€132k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€31k▲
Other operating charges640/8€2k€7k▲
Non-recurring operating charges66A€436€2k▲
Gross operating margin9900€378k€415k▲
Operating profit (loss)9901€187k€244k▲
Financial income75/76B€3k€2k▼
Recurring financial income75€3k€2k▼
Financial charges65/66B€10k€14k▲
Recurring financial charges65€10k€14k▲
Profit (loss) for the period before taxes9903€180k€232k▲
Income taxes67/77€53k€70k▲
Profit (loss) for the period9904€127k€162k▲
Profit (loss) for the period to be appropriated9905€127k€162k▲
Appropriation of the result
Profit (loss) to be appropriated9906€142k€177k▲
Profit (loss) brought forward from the previous period14P€15k€15k=
Transfer from equity791/2-€27k
Transfer to equity691/2€127k€162k▲
To other reserves6921€127k€162k▲
Profit to be distributed694/7-€29k
Return on contributions (dividend)694-€29k
Social balance
Average headcount (FTE)9087-2.0
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Highest result since 2019net €162k ▲27.5%
Operating result €244k, net result €162k, both a record.
30-06
Financial
Equity above €500kEq €569k ▲30.6%
7 profitable years in a row build equity to €569k.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Equity above €200kEq €223k ▲62.8%
3 profitable years in a row build equity to €223k.
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1 day late
2020
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.
Directors · office · real estate
Directors
2 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, Essen · 1 establishment unit since 1997
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.
Kievitstraat 22910 EssenGround area
2,674 m²
Building footprint
213 m²
Volume, LiDAR
1,045 m³
Parcel 11016A1181/00Z004, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Bouwwerken Elst
since 19972.083.912.168
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11016A1181/00Z004 | Flanders | 2,674 m² | 1 · 213 m² | 7.5 m · 2 fl. |
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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 2 entries · 233 EUR awarded · 233 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 185 EUR | 185 EUR |
| 2023 | 1 | 48 EUR | 48 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
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MEFAD
BE 0764.393.553
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FS Workx
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Brams Bouwcultuur
BE 0477.632.354
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ENGIGAS
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Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 8,727 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-09-1997
Fiscal year end30-06
Activities, NACEBEL 2025
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.