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Eltisol

Active
Private limited companyfounded 20215 yrs activeLeopoldlaan 92, 9300 Aalst, BelgiumKBO/BCE: BE 0772.430.202
Summary

The computed 12-month bankruptcy probability of Eltisol is 2.4% (moderate). The 2024 annual accounts show equity of €105,396 and a net result of €40,859. Equity is growing by ~66% per year across the filed fiscal years. Its solvency ranks better than 63% of 36381 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability97▼-3
Solvency83▲+10
Growth78=
Track record94
Bankruptcy probability, 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 2.41 against 1.93 in 2023; short-term debt: 41.3% and cash: 17.4% of total assets), and 42% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
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 →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
31 d early
2024
84 d late
2023
34 d late
2022
31 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 30 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

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. Usually files around 2 September (3 of the last 4 filed years within 51 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Eltisol was incorporated on 10 August 2021 as a Private limited company.1 Since 2026 the company has been called Eltisol.2 The registered office was moved to Aalst in 2026.2 Since 2026, CLEEMPUT Tina has served as statutory director of the company.2 Total assets rose from EUR 75,613 in 2022 to EUR 181,643 in 2024 and headcount from 1.4 to 2.4 full-time equivalents.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 22-07-2026
  3. 3National Bank, annual accounts 2022 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€105,396▲ 63.3%
2023 · €64,536
Total assets
€181,643▲ 35.6%
2023 · €133,971
Net result
€40,859▼ 7.8%
2023 · €44,338
Working capital
€105,818▲ 65.1%
2023 · €64,102
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202220232024
Operating result€23,042-€58,183▲ 153%€58,365▲ 0.3%
Net result€17,198within the sector's middle half-€44,338above the sector's middle half▲ 158%€40,859above the sector's middle half▼ 7.8%
Equity€20,198below the sector's middle half-€64,536within the sector's middle half▲ 220%€105,396within the sector's middle half▲ 63.3%
Total assets€75,613within the sector's middle half-€133,971within the sector's middle half▲ 77.2%€181,643within the sector's middle half▲ 35.6%
Debt€55,415-€69,435▲ 25.3%€76,247▲ 9.8%
Working capital€20,198within the sector's middle half-€64,102within the sector's middle half▲ 217%€105,818above the sector's middle half▲ 65.1%
Solvency26.7%within the sector's middle half-48.2%within the sector's middle half▲ 21.5pp58.0%within the sector's middle half▲ 9.9pp
Current ratio1.36within the sector's middle half-1.93within the sector's middle half▲ 0.572.41within the sector's middle half▲ 0.48
Return on assets (ROA)22.7%above the sector's middle half-33.1%above the sector's middle half▲ 10.4pp22.5%above the sector's middle half▼ 10.6pp
Staff (FTE)1.4-3.5▲ 150%2.4▼ 31.4%
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000Operating result 2022: €23,042€23,042Net result 2022: €17,198€17,198Operating result 2023: €58,183€58,183Net result 2023: €44,338€44,338Operating result 2024: €58,365€58,365Net result 2024: €40,859€40,859202220232024€0€20,000€40,000€60,000Operating result 2022: €23,042€23,000Net result 2022: €17,198€17,200Operating result 2023: €58,183€58,200Net result 2023: €44,338€44,300Operating result 2024: €58,365€58,400Net result 2024: €40,859€40,900202220232024
The operating result has risen two years in a row; 2024 is 0% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €181,643
Fixed assets €768 ▼ 21.1%
Current assets €180,875 ▲ 36.0%
Equity and liabilities €181,643
Equity €105,396 ▲ 63.3%
Debt €76,247 ▲ 9.8%
Debt's share of the balance-sheet total falls from 51.8% to 42.0%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€58,571▲
2023 · €58,237
Cash flow
€41,065▼
2023 · €44,392
Debt to equity
0.72▼
2023 · 1.08
ROE
38.8%▼
2023 · 68.7%
Interest coverage
23.36▼
2023 · 30.98
Debt ≤ 1 year
€75,058▲
2023 · €68,896
Income taxes
€16,585▲
2023 · €12,176
Staff costs
€60,674▼
2023 · €111,461
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
95% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 26,975 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 44 lines
Balance sheet Code20232024
Assets
Total assets20/58€133,971€181,643▲
Fixed assets21/28€973€768▼
Tangible fixed assets22/27€973€768▼
Plant, machinery and equipment23€973€768▼
Current assets29/58€132,998€180,875▲
Amounts receivable within one year40/41€108,610€43,683▼
Trade receivables40€47,271€43,006▼
Other amounts receivable41€61,339€677▼
Current investments50/53-€100,696
Cash at bank and in hand54/58€19,645€31,606▲
Deferred charges and accrued income490/1€4,743€4,891▲
Equity and liabilities
Total equity and liabilities10/49€133,971€181,643▲
Equity10/15€64,536€105,396▲
Contributions10/11€3,000€3,000=
Reserves13€61,536€102,396▲
Distributable reserves133€61,536€102,396▲
Amounts payable17/49€69,435€76,247▲
Amounts payable within one year42/48€68,896€75,058▲
Financial debts43€156€178▲
Credit institutions430/8€156€178▲
Trade debts44€10,907€26,859▲
Suppliers440/4€10,907€26,859▲
Taxes, remuneration and social security45€51,071€40,540▼
Taxes450/3€37,198€34,142▼
Remuneration and social security454/9€13,872€6,398▼
Other amounts payable47/48€6,763€7,480▲
Accrued charges and deferred income492/3€539€1,190▲
Income statement Code20232024
Remuneration, social security and pensions62€111,461€60,674▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€53€205▲
Other operating charges640/8€746€1,168▲
Non-recurring operating charges66A-€1,898
Gross operating margin9900€170,443€122,310▼
Operating profit (loss)9901€58,183€58,365▲
Financial income75/76B€210€1,587▲
Recurring financial income75€210€1,587▲
Financial charges65/66B€1,880€2,507▲
Recurring financial charges65€1,880€2,507▲
Profit (loss) for the period before taxes9903€56,514€57,445▲
Income taxes67/77€12,176€16,585▲
Profit (loss) for the period9904€44,338€40,859▼
Profit (loss) for the period to be appropriated9905€44,338€40,859▼
Appropriation of the result
Profit (loss) to be appropriated9906€44,338€40,859▼
Transfer to equity691/2€44,338€40,859▼
To other reserves6921€44,338€40,859▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202220232024Change
Remuneration, social security and pensions62€39,489€111,461€60,674▼ 45.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,349€53€205▲ 284%
Other operating charges640/8€413€746€1,168▲ 56.5%
Non-recurring operating charges66A--€1,898-
Gross operating margin9900€64,292€170,443€122,310▼ 28.2%
Operating profit (loss)9901€23,042€58,183€58,365▲ 0.3%
Financial income75/76B€84€210€1,587▲ 654%
Recurring financial income75€84€210€1,587▲ 654%
Financial charges65/66B€318€1,880€2,507▲ 33.4%
Recurring financial charges65€318€1,880€2,507▲ 33.4%
Profit (loss) for the period before taxes9903€22,807€56,514€57,445▲ 1.6%
Income taxes67/77€5,610€12,176€16,585▲ 36.2%
Profit (loss) for the period9904€17,198€44,338€40,859▼ 7.8%
Profit (loss) for the period to be appropriated9905€17,198€44,338€40,859▼ 7.8%
Line202220232024Change
Assets
Total assets20/58€75,613€133,971€181,643▲ 35.6%
Fixed assets21/28-€973€768▼ 21.1%
Tangible fixed assets22/27-€973€768▼ 21.1%
Plant, machinery and equipment23-€973€768▼ 21.1%
Current assets29/58€75,613€132,998€180,875▲ 36.0%
Amounts receivable within one year40/41€12,286€108,610€43,683▼ 59.8%
Trade receivables40€12,032€47,271€43,006▼ 9.0%
Other amounts receivable41€254€61,339€677▼ 98.9%
Current investments50/53--€100,696-
Cash at bank and in hand54/58€59,420€19,645€31,606▲ 60.9%
Deferred charges and accrued income490/1€3,907€4,743€4,891▲ 3.1%
Equity and liabilities
Total equity and liabilities10/49€75,613€133,971€181,643▲ 35.6%
Equity10/15€20,198€64,536€105,396▲ 63.3%
Contributions10/11€3,000€3,000€3,000=
Reserves13€17,198€61,536€102,396▲ 66.4%
Distributable reserves133€17,198€61,536€102,396▲ 66.4%
Amounts payable17/49€55,415€69,435€76,247▲ 9.8%
Amounts payable within one year42/48€55,415€68,896€75,058▲ 8.9%
Financial debts43€861€156€178▲ 14.4%
Credit institutions430/8€861€156€178▲ 14.4%
Trade debts44€17,174€10,907€26,859▲ 146%
Suppliers440/4€17,174€10,907€26,859▲ 146%
Taxes, remuneration and social security45€30,890€51,071€40,540▼ 20.6%
Taxes450/3€17,486€37,198€34,142▼ 8.2%
Remuneration and social security454/9€13,405€13,872€6,398▼ 53.9%
Other amounts payable47/48€6,491€6,763€7,480▲ 10.6%
Accrued charges and deferred income492/3-€539€1,190▲ 121%
Line202220232024Change
Profit (loss) for the period9904€17,198€44,338€40,859▼ 7.8%
+ Depreciation and write-downs630€1,349€53€205▲ 284%
Operating cash flow (approximation)€18,547€44,392€41,065▼ 7.5%
Investment in fixed assets (approximation)--€0-
Change in cash--€39,775€11,961▲ 130%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
22-07
State Gazette act Resignation: VANDENBUSSCHE Zoë Kris Rik Else Eddy (non-statutory director)
Appointment: CLEEMPUT Tina (statutory director) · Permanent representative: CLEEMPUT Tina · Statutes amendment12 facts ▸
  • General meeting, 17-07-2026
  • Director resignation, VANDENBUSSCHE Zoë Kris Rik Else Eddy (non-statutory director)
  • Director appointment, CLEEMPUT Tina (statutory director)
  • Statutes amendment, 11
  • Permanent representative, CLEEMPUT Tina (permanent representative)
  • Registered-office move, 9300 Aalst, Leopoldlaan 92
  • Name change, Eltisol
  • Purpose change
  • Statutes amendment, 1
  • Statutes amendment, 3
  • Statutes amendment, 11
  • Statutes amendment, 12
30-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
23-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 84 days late
2024
31-12
Financial Equity above €100,000Eq €105,396 ▲63.3%
3 profitable years in a row build equity to €105,396.
03-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 34 days late
2023
31-12
Financial Highest result since 2022net €44,338 ▲158%
Net result €44,338, the highest in the series.
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts

Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 director, last change in 2026
CLEEMPUT Tina
Statutory director · since 14-07-2026
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
2 of this company's 3 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Aalst · 1 establishment unit since 2021
seat establishment The establishment unit on the map
Ground area
1,037 m²
Building footprint
123 m²
Volume, LiDAR
938 m³
Parcel 41303D0857/00C003, Flanders · tallest building 12.4 m, ±3 floors. Linked by address, not a title deed.
8 companies at this address See who is registered here
1 establishment unit
Latemrollen
Leopoldlaan 92, 9300 AalstGeneral construction of residential buildings
since 20212.320.241.879
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41303D0857/00C003 Flanders 1,037 m² 1 · 123 m² 12.4 m · 3 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.

Mandate history

2 people since 2026, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
CLEEMPUT Tina
  • Statutory director, from 14-07-2026 to date
VANDENBUSSCHE Zoë Kris Rik Else Eddy
  • Non-statutory director, until 14-07-2026
See the board, name and seat on a given date →

Articles of association

Who signs
“TWEEDE BESLUIT : WIJZIGING BEPALINGEN VERTEGENWOORDIGING De huidige vertegenwoordigingsbevoegdheid voorzien in artikel 12, §3 en 4 van de statuten bepaalt het volgende: ‘Iedere bestuurder vertegenwoordigt de vennootschap jegens derden en in rechte als eiser of als verweerder. Hij kan bijzondere…”
Full text

TWEEDE BESLUIT : WIJZIGING BEPALINGEN VERTEGENWOORDIGING De huidige vertegenwoordigingsbevoegdheid voorzien in artikel 12, §3 en 4 van de statuten bepaalt het volgende: ‘Iedere bestuurder vertegenwoordigt de vennootschap jegens derden en in rechte als eiser of als verweerder. Hij kan bijzondere machten toekennen aan elke mandataris.’ De vergadering beslist om deze vertegenwoordigingsbevoegdheid aan te passen naargelang het optreden van een niet-statutaire bestuurder dan wel een statutaire bestuurder: Vertegenwoordigingsbevoegdheid Statutair bestuurder De statutair bestuurder vertegenwoordigt de vennootschap jegens derden en in rechte als eiser of als verweerder, afzonderlijk en alleen. Hij kan bijzondere machten toekennen aan elke mandataris. Niet-statutaire bestuurder Alle akten die de vennootschap verbinden, in en buiten rechte, zijn slechts geldig wanneer zij ondertekend worden door de volgende bestuurders: door de statutaire bestuurder en een nietstatutair bestuurder die gezamenlijk optreden. De niet-statutaire bestuurders mogen enkel afzonderlijk of individueel handelen wanneer het daden van dagelijks bestuur betreft. De vergadering beslist om artikel 12, § 3 en 4 in die zin aan te passen.

Structure & network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Similar companies · same sector, comparable size

Of 7,302 companies in sector 43350 we hold annual accounts for 2,363. 1,973 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
Founded10-08-2021
Fiscal year end31-12
Legal name NL Latemrollen
Activities, NACEBEL 2025
43350Other building finishing work
93299Other amusement and recreation activities
41001General construction of residential buildings
43230Insulation installation
82990Other business support services
93110Operation of sports facilities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0772430202
Also 9925:BE0772430202
Registered 17-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.