ELTHI
ActiveSummary
ELTHI has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €47,423 and a net result of €46,589. Its solvency ranks better than 35% of 31840 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes
Profitability100
Solvency62
Growth-
Track record67
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity tight (current ratio 1.49; short-term debt: 40.5% and cash: 41.4% of total assets), and 63.4% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established 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
36.6%
Return on assets
35.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 1 filingDeviation from the deadline
2025
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
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Financials · fiscal year 2025, micro schema
Equity
€47,423
Total assets
€129,641
Net result
€46,589
Working capital
€25,851
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €129,641
Fixed assets
€51,228
Current assets
€78,413
Equity and liabilities €129,641
Equity
€47,423
Debt
€82,218
Debt finances 63.4% of the balance-sheet total.
Key figures and ratios
EBITDA
€72,915
Cash flow
€53,950
Current ratio
1.49
Debt to equity
1.73
ROE
98.2%
ROA
35.9%
Interest coverage
65.63
Debt ≤ 1 year
€52,561
Debt > 1 year
€29,657
Income taxes
€18,106
Annual accounts
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,361 |
| Other operating charges640/8 | €565 |
| Gross operating margin9900 | €73,480 |
| Operating profit (loss)9901 | €65,554 |
| Financial income75/76B | €251 |
| Recurring financial income75 | €251 |
| Financial charges65/66B | €1,111 |
| Recurring financial charges65 | €1,111 |
| Profit (loss) for the period before taxes9903 | €64,694 |
| Income taxes67/77 | €18,106 |
| Profit (loss) for the period9904 | €46,589 |
| Profit (loss) for the period to be appropriated9905 | €46,589 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €129,641 | |
| Fixed assets21/28 | €51,228 | |
| Tangible fixed assets22/27 | €51,228 | |
| Plant, machinery and equipment23 | €5,109 | |
| Furniture and vehicles24 | €46,120 | |
| Current assets29/58 | €78,413 | |
| Amounts receivable within one year40/41 | €22,786 | |
| Trade receivables40 | €11,120 | |
| Other amounts receivable41 | €11,667 | |
| Cash at bank and in hand54/58 | €53,639 | |
| Deferred charges and accrued income490/1 | €1,987 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €129,641 | |
| Equity10/15 | €47,423 | |
| Contributions10/11 | €2,500 | |
| Reserves13 | €44,923 | |
| Distributable reserves133 | €44,923 | |
| Profit (loss) carried forward14 | €0 | |
| Amounts payable17/49 | €82,218 | |
| Amounts payable after more than one year17 | €29,657 | |
| Financial debts170/4 | €29,657 | |
| Amounts payable within one year42/48 | €52,561 | |
| Current portion of amounts payable after more than one year42 | €10,896 | |
| Trade debts44 | €15,844 | |
| Suppliers440/4 | €15,844 | |
| Taxes, remuneration and social security45 | €24,155 | |
| Taxes450/3 | €24,155 | |
| Other amounts payable47/48 | €1,666 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €46,589 |
| + Depreciation and write-downs630 | €7,361 |
| Operating cash flow (approximation) | €53,950 |
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
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
NBB filing
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, Lo-Reninge · 1 establishment unit since 2024
Ground area
759 m²
Building footprint
131 m²
Volume, LiDAR
317 m³
Parcel 32014B0091/00F000, Flanders · tallest building 8.0 m. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
ELTHI
since 20242.366.260.659
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32014B0091/00F000 | Flanders | 759 m² | 1 · 131 m² | 8.0 m |
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.
Similar companies · same sector, comparable size
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NMHR Consult
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Symbiosa
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YOCOTO
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,583. 37,882 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
Founded25-10-2024
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
33140Repair and maintenance of electrical equipment
47820Retail sale of motor vehicle parts and accessories
46140Agents in the wholesale of industrial machinery, ships and aircraft
46720Wholesale of motor vehicle parts and accessories
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.