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ELTEE CONSTRUCT

Active Private limited companyfounded 1990active for 36 yearsLange Molenstraat 49, 8200 BrugesKBO/BCE: BE 0441.057.614

Lifetime

19 annual accounts with figures on one time axis, 35 filings since 1991
peak €46,063 (2017)
€34,071▼ 2.3%
lowest -€34,914 (2009)
€11,291▲ 23.4%
peak €123,186 (2025)
€123,186▲ 6.6%
€35,219▼ 46.9%
peak 0.3 FTE (2009)
-not published
Board2 names since 2016
1 director
Documentsfilings and deeds
23-06-202638 days before the deadline
2025micro format
Dividend €3,711Debts from €66,306 to €35,219Cash from €34,815 to €72,031

Key points

from the 2025 annual accounts

Equity

€123,186 ▲ 6.6%

ELTEE CONSTRUCT has made a profit without a break since 2016.

Liquidity

7.88 was 3.59 in 2024

Short-term debts fell from €39,156 to €16,587.

Filings

35 annual accounts since 1991
AprilJune31 JulyOctober200020102020

Two of the last ten came late. The 2017 accounts came latest: 31 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 31,356 companies had the same profile as ELTEE CONSTRUCT has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 31,356 companies, not a prediction for ELTEE CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 23-06-2016
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0441057614
Appointment: (director) General meeting of 25-06-2024 · Gazette deed
Company renamed from GEORGES MESSIAEN to ELTEE Construct Resignation: (manager) · Appointment: (manager) · Director discharge: (manager) · General meeting of 23-06-2016 · Gazette deed
First establishment ELTEE WOODWORKZ, Lange Molenstraat 49, Bruges
All 49 events

Comparable companies

same main activity, similar in size and age
Company
ELTEE CONSTRUCT Bruges €158,405 €34,071 77.8% -
NAERT INTERIEUR Roeselare €166,802 €38,525 19.7% -
Platteau hout Heuvelland €164,573 €40,741 56.5% -
SOTRADEL - Menuiserie - Ebénisterie Quaregnon €171,197 €36,038 39.7% -
DERAY Braine-l'Alleud €163,673 €35,462 86.0% -
LINE PRODUCTIONS Boortmeerbeek €184,426 €37,845 62.9% -
DELSEMME - RAUSIN Herve €145,516 €28,186 91.0% -

These companies have the same main activity as ELTEE CONSTRUCT: joinery installation (NACE 43320). They are comparable in size and age: total assets between €146,000 and €184,000, founded between 1986 and 1993.

Official details

Source: KBO
Status
Active since 11-06-1990Normal situation
Activity
Joinery installationNACE 43320
Establishment unit
2.049.398.2818200 Bruges, since 06-09-1990
Financial year end
31 December
Peppol
Reachable since 28-03-2026
Company details

Annual accounts 2025

≈ €200,000estimated
€158,405▼ 12.9%
Filing
Filed on 23-06-2026, 38 days before the end of the filing period
Financials

Insights on ELTEE CONSTRUCT

ELTEE CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from €9,778 in 2007 to €34,071 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about ELTEE CONSTRUCT

What is the company number of ELTEE CONSTRUCT?
The company number of ELTEE CONSTRUCT is 0441.057.614. The VAT number is the same number with BE in front: BE 0441.057.614.
Where is ELTEE CONSTRUCT based?
The registered office is at Lange Molenstraat 49, 8200 Bruges.Company details
What does ELTEE CONSTRUCT do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of ELTEE CONSTRUCT?
ELTEE CONSTRUCT is a private limited company (BV).
When was ELTEE CONSTRUCT founded?
ELTEE CONSTRUCT was founded on 11-06-1990.
Is ELTEE CONSTRUCT still active?
Yes, ELTEE CONSTRUCT is an active enterprise in the KBO register.
What is the turnover of ELTEE CONSTRUCT?
The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €34,071 and 32 comparable companies (NACE 43320). It probably lies between €150,000 and €350,000.Financials
Is ELTEE CONSTRUCT profitable?
In financial year 2025, ELTEE CONSTRUCT made a profit of €11,291.
Where can I find the annual accounts of ELTEE CONSTRUCT?
ELTEE CONSTRUCT filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ELTEE CONSTRUCT due?
ELTEE CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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