ELTECO
ActiveELTECO has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €134k and a net result of €12k. Equity is growing by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 15868 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
86
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability59▲+28
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 43.71 against 22.01 in 2023; short-term debt: 2.3% and cash: 97.2% of total assets), and 2.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-06-2025, 55 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
55 d early
2023
9 d early
2022
20 d early
2021
23 d early
2020
31 d early
2019
15 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€134k▲ 9.6%
2023 · €122k
2018: €118k
2019: €114k
2020: €104k
2021: €111k
2022: €126k
2023: €122k
2018 → 2024
Total assets
€137k▲ 7.1%
2023 · €128k
2018: €125k
2019: €117k
2020: €107k
2021: €114k
2022: €131k
2023: €128k
2018 → 2024
Net result
€12k
2023 · €-3k
2018: €-6k
2019: €-4k
2020: €-10k
2021: €7k
2022: €15k
2023: €-3k
2018 → 2024
Working capital
€134k▲ 9.6%
2023 · €122k
2018: €103k
2019: €106k
2020: €104k
2021: €110k
2022: €126k
2023: €122k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€104k-€111k▲ 6.3%€126k▲ 13.6%€122k▼ 2.7%€134k▲ 9.6%
Operating result€-15k-€4k€15k▲ 262%€6k▼ 57.4%€7k▲ 4.4%
Net result€-10k-€7k€15k▲ 130%€-3k€12k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 4% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €137k
Equity
€134k▲ 9.6%
Debt
€3k▼ 46.1%
The debt ratio falls from 4.5% to 2.3%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
97.7%▲
2023 · 95.5%
Current ratio
43.71▲
2023 · 22.01
Quick ratio
43.38▲
2023 · 22.00
Debt / equity
0.02▼
2023 · 0.05
ROE
8.8%▲
2023 · -2.8%
ROA
8.6%▲
2023 · -2.7%
Debt
€3k▼
2023 · €6k
Debt ≤ 1 year
€3k▼
2023 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€128k€137k▲
Current assets29/58€128k€137k▲
Stocks and contracts in progress3€48€1k▲
Stocks30/36€48€1k▲
Amounts receivable within one year40/41€836€2k▲
Trade receivables40€524€1k▲
Other amounts receivable41€312€929▲
Current investments50/53€33k-
Cash at bank and in hand54/58€93k€133k▲
Deferred charges and accrued income490/1€991€848▼
Equity and liabilities
Total equity and liabilities10/49€128k€137k▲
Equity10/15€122k€134k▲
Contributions10/11€77k€77k=
Capital10€77k€77k=
Issued capital100€77k€77k=
Reserves13€496k€496k=
Non-distributable reserves130/1€8k€8k=
Legal reserve130€8k€8k=
Tax-exempt reserves132€19k€19k=
Distributable reserves133€470k€470k=
Profit (loss) carried forward14€-451k€-439k▲
Amounts payable17/49€6k€3k▼
Amounts payable within one year42/48€6k€3k▼
Trade debts44€504€137▼
Suppliers440/4€504€137▼
Taxes, remuneration and social security45€428€544▲
Taxes450/3€428€544▲
Other amounts payable47/48€5k€2k▼
Income statement
Code20232024
Other operating charges640/8€3k€2k▼
Gross operating margin9900€10k€9k▼
Operating profit (loss)9901€6k€7k▲
Financial income75/76B€32€5k▲
Recurring financial income75€32€2k▲
Non-recurring financial income76B-€3k
Financial charges65/66B€10k€117▼
Recurring financial charges65€155€117▼
Non-recurring financial charges66B€10k-
Profit (loss) for the period before taxes9903€-3k€12k▲
Profit (loss) for the period9904€-3k€12k▲
Profit (loss) for the period to be appropriated9905€-3k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-451k€-439k▲
Profit (loss) brought forward from the previous period14P€-447k€-451k▼
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
06-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €15k ▲130%
Operating result €15k, net result €15k, both a record.
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €7k
Net result €7k after 3 loss-making years.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity doublescurrent ratio 38.64
Current ratio from 17.09 to 38.64; short-term debt falls from €6k to €3k.
29-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
29-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Heuvelland · 1 establishment unit since 1986
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.
Potteriestraat(Nieuwk) 28950 HeuvellandGround area
1,169 m²
Building footprint
180 m²
Volume, LiDAR
901 m³
Parcel 33017D0453/00H000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ELTECO NV
since 19862.035.253.703
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33017D0453/00H000 | Flanders | 1,169 m² | 1 · 180 m² | 7.9 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.
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TECHFORCE
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Of 977 companies in sector 46431 we hold annual accounts for 705. 514 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded20-08-1986
Fiscal year end31-12
Activities, NACEBEL
46431Wholesale of electrical household appliances and audio-video equipment
79901Tourist information services
47540Retail sale of electrical household appliances
52450
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:bwiepercharlotte@hotmail.com