ELTA-Elec
ActiveSummary
ELTA-Elec has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €43k and a net result of €7k. Equity is growing by ~20% per year across the filed fiscal years. Its solvency ranks better than 94% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75▲+60
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 10.71 against 4.43 in 2024; short-term debt: 9.3% and cash: 14.8% of total assets), and 9.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
90.7%
Return on assets
14.9%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 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 · 8 filingsDeviation from the deadline
2025
29 d late
2024
30 d late
2023
27 d late
2022
29 d late
2021
30 d late
2020
30 d late
2019
84 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€43k▲ 19.6%
2024 · €36k
2018: €16k
2019: €12k▼ -26.4% vs 2018lowest in 8 years
2020: €18k▲ +56.0% vs 2019
2021: €21k▲ +12.9% vs 2020
2022: €24k▲ +17.8% vs 2021
2023: €40k▲ +66.4% vs 2022
2024: €36k▼ -10.3% vs 2023
2025: €43k▲ +19.6% vs 2024highest in 8 years
2018 → 2025
Total assets
€48k▲ 2.1%
2024 · €47k
2018: €47k
2019: €30k▼ -37.0% vs 2018
2020: €28k▼ -6.1% vs 2019
2021: €27k▼ -2.6% vs 2020lowest in 8 years
2022: €33k▲ +21.0% vs 2021
2023: €56k▲ +69.3% vs 2022highest in 8 years
2024: €47k▼ -16.4% vs 2023
2025: €48k▲ +2.1% vs 2024
2018 → 2025
Net result
€7k
2024 · €-4k
2018: €10k
2019: €-4k▼ -143% vs 2018lowest in 8 years
2020: €7k▲ +256% vs 2019
2021: €2k▼ -64.1% vs 2020
2022: €4k▲ +56.2% vs 2021
2023: €16k▲ +339% vs 2022highest in 8 years
2024: €-4k▼ -126% vs 2023
2025: €7k▲ +270% vs 2024
2018 → 2025
Working capital
€43k▲ 19.6%
2024 · €36k
2018: €-10klowest in 8 years
2019: €-7k▲ +25.1% vs 2018
2020: €6k▲ +176% vs 2019
2021: €15k▲ +157% vs 2020
2022: €24k▲ +67.2% vs 2021
2023: €40k▲ +66.4% vs 2022
2024: €36k▼ -10.3% vs 2023
2025: €43k▲ +19.6% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€21k-€24k▲ 17.8%€40k▲ 66.4%€36k▼ 10.3%€43k▲ 19.6%
2021: €21klowest in 5 years
2022: €24k▲ +17.8% vs 2021
2023: €40k▲ +66.4% vs 2022
2024: €36k▼ -10.3% vs 2023
2025: €43k▲ +19.6% vs 2024highest in 5 years
Operating result€3k-€5k▲ 56.5%€21k▲ 345%€-4k€11k
2021: €3k
2022: €5k▲ +56.5% vs 2021
2023: €21k▲ +345% vs 2022highest in 5 years
2024: €-4k▼ -119% vs 2023lowest in 5 years
2025: €11k▲ +369% vs 2024
Net result€2k-€4k▲ 56.2%€16k▲ 339%€-4k€7k
2021: €2k
2022: €4k▲ +56.2% vs 2021
2023: €16k▲ +339% vs 2022highest in 5 years
2024: €-4k▼ -126% vs 2023lowest in 5 years
2025: €7k▲ +270% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €11k after a loss of €4k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €48k
Equity
€43k ▲ 19.6%
Debt
€4k ▼ 57.8%
Debt's share of the balance-sheet total falls from 22.6% to 9.3%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
10.71▲
2024 · 4.43
Debt to equity
0.10▼
2024 · 0.29
ROE
16.4%▲
2024 · -11.5%
ROA
14.9%▲
2024 · -8.9%
Debt ≤ 1 year
€4k▼
2024 · €11k
Income taxes
€4k
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 · 35 lines
Balance sheet
Code20242025
Assets
Total assets20/58€47k€48k▲
Current assets29/58€47k€48k▲
Amounts receivable within one year40/41€46k€41k▼
Trade receivables40€10k€2k▼
Other amounts receivable41€37k€39k▲
Cash at bank and in hand54/58€600€7k▲
Equity and liabilities
Total equity and liabilities10/49€47k€48k▲
Equity10/15€36k€43k▲
Contributions10/11€6k€6k=
Reserves13€20k€27k▲
Non-distributable reserves130/1€485€485=
Reserves not available under the articles1311€485€485=
Distributable reserves133€20k€27k▲
Profit (loss) carried forward14€10k€10k▲
Amounts payable17/49€11k€4k▼
Amounts payable within one year42/48€11k€4k▼
Trade debts44€6k€111▼
Suppliers440/4€6k€111▼
Taxes, remuneration and social security45€5k€4k▼
Taxes450/3€5k€4k▼
Income statement
Code20242025
Other operating charges640/8€184€2k▲
Gross operating margin9900€-4k€13k▲
Operating profit (loss)9901€-4k€11k▲
Financial income75/76B€20€18▼
Recurring financial income75€20€18▼
Financial charges65/66B€74€169▲
Recurring financial charges65€74€169▲
Profit (loss) for the period before taxes9903€-4k€11k▲
Income taxes67/77-€4k
Profit (loss) for the period9904€-4k€7k▲
Profit (loss) for the period to be appropriated9905€-4k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€10k€17k▲
Profit (loss) brought forward from the previous period14P€14k€10k▼
Transfer to equity691/2-€7k
To other reserves6921-€7k
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €256 | - | - | - | - |
| Other operating charges640/8 | €923 | €2k | €970 | €184 | €2k | ▲ 740% |
| Gross operating margin9900 | €11k | €7k | €22k | €-4k | €13k | ▲ 421% |
| Operating profit (loss)9901 | €3k | €5k | €21k | €-4k | €11k | ▲ 369% |
| Financial income75/76B | - | - | - | €20 | €18 | ▼ 10.0% |
| Recurring financial income75 | - | - | - | €20 | €18 | ▼ 10.0% |
| Financial charges65/66B | €141 | €69 | €54 | €74 | €169 | ▲ 128% |
| Recurring financial charges65 | €141 | €69 | €54 | €74 | €169 | ▲ 128% |
| Profit (loss) for the period before taxes9903 | €3k | €5k | €21k | €-4k | €11k | ▲ 362% |
| Income taxes67/77 | €558 | €1k | €5k | - | €4k | - |
| Profit (loss) for the period9904 | €2k | €4k | €16k | €-4k | €7k | ▲ 270% |
| Profit (loss) for the period to be appropriated9905 | €2k | €4k | €16k | €-4k | €7k | ▲ 270% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €27k | €33k | €56k | €47k | €48k | ▲ 2.1% |
| Fixed assets21/28 | €6k | - | - | - | - | - |
| Tangible fixed assets22/27 | €6k | - | - | - | - | - |
| Plant, machinery and equipment23 | €256 | - | - | - | - | - |
| Furniture and vehicles24 | €6k | - | - | - | - | - |
| Current assets29/58 | €21k | €33k | €56k | €47k | €48k | ▲ 2.1% |
| Amounts receivable within one year40/41 | €17k | €13k | €42k | €46k | €41k | ▼ 11.8% |
| Trade receivables40 | €10k | €8k | €9k | €10k | €2k | ▼ 83.0% |
| Other amounts receivable41 | €7k | €4k | €33k | €37k | €39k | ▲ 6.7% |
| Cash at bank and in hand54/58 | €5k | €20k | €14k | €600 | €7k | ▲ 1,077% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €27k | €33k | €56k | €47k | €48k | ▲ 2.1% |
| Equity10/15 | €21k | €24k | €40k | €36k | €43k | ▲ 19.6% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €485 | €15k | €20k | €20k | €27k | ▲ 34.2% |
| Non-distributable reserves130/1 | €485 | €485 | €485 | €485 | €485 | = |
| Reserves not available under the articles1311 | €485 | €485 | €485 | €485 | €485 | = |
| Distributable reserves133 | - | €15k | €20k | €20k | €27k | ▲ 35.0% |
| Profit (loss) carried forward14 | €14k | €3k | €14k | €10k | €10k | ▲ 1.2% |
| Amounts payable17/49 | €7k | €9k | €16k | €11k | €4k | ▼ 57.8% |
| Amounts payable within one year42/48 | €7k | €9k | €16k | €11k | €4k | ▼ 57.8% |
| Trade debts44 | €4k | €7k | €10k | €6k | €111 | ▼ 98.2% |
| Suppliers440/4 | €4k | €7k | €10k | €6k | €111 | ▼ 98.2% |
| Taxes, remuneration and social security45 | €2k | €2k | €5k | €5k | €4k | ▼ 3.8% |
| Taxes450/3 | €2k | €2k | €5k | €5k | €4k | ▼ 3.8% |
| Other amounts payable47/48 | €797 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €4k | €16k | €-4k | €7k | ▲ 270% |
| + Depreciation and write-downs630 | €7k | €256 | - | - | - | - |
| Operating cash flow (approximation) | €9k | €4k | €16k | €-4k | €7k | ▲ 270% |
| Change in cash | - | €16k | €-6k | €-14k | €6k | ▲ 148% |
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
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 10.71
Current ratio from 4.43 to 10.71; short-term debt falls from €11k to €4k.
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial
Highest result since 2018net €16k ▲339%
Operating result €21k, net result €16k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 3.16
Current ratio from 1.58 to 3.16; short-term debt falls from €10k to €7k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 1.58
Current ratio from 0.59 to 1.58; short-term debt falls from €18k to €10k.
Show earlier events
23-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 84 days late
2019
31-12
Financial
Weakest financial yearnet €-4k
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Tubize · 1 establishment unit since 2018
Ground area
136 m²
Building footprint
59 m²
Volume, LiDAR
371 m³
Parcel 25097C0187/00N000, Wallonia · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Résidence Jules Trullemans 2, 1480 Tubize
since 20182.274.761.351
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25097C0187/00N000 | Wallonia | 136 m² | 1 · 59 m² | 7.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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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Of 22,815 companies in sector 43211 we hold annual accounts for 10,325. 8,422 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 (pre-2019)
Founded27-02-2018
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
Scores and ratios are computed by Checked and are not a credit decision.