ELTRI
ActiveSummary
The computed 12-month bankruptcy probability of ELTRI is 2.8% (moderate). The 2025 annual accounts show equity of €42k and a net result of €-17k. Equity is shrinking by ~16.4% per year across the filed fiscal years. Its solvency ranks better than 63% of 27786 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
46
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-33
Solvency84▲+14
Growth32=
Track record94
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 1.7 against 1.32 in 2024; short-term debt: 40.6% and cash: 13.6% of total assets), and 40.8% 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.
+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 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
59.2%
Return on assets
-24%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
22232425
2022 to 2025 · latest year €-17k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 4 filingsDeviation from the deadline
2025
28 d late
2024
74 d late
2023
297 d late
2022
32 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€429k
EBIT margin
21.3%
Net result
€-17k▼ 54.0%
2024 · €-11k
2022: €69k
2023: €-2k
2024: €-11k
2022 → 2025
Working capital
€20k▼ 13.4%
2024 · €23k
2022: €61k
2023: €25k
2024: €23k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Turnover€429k-
Equity€72k-€70k▼ 3.2%€59k▼ 15.8%€42k▼ 28.9%
Operating result€92k-€-1k€-10k▼ 628%€-16k▼ 55.4%
Net result€69k-€-2k€-11k▼ 379%€-17k▼ 54.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €16k in 2025 against €10k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €71k
Fixed assets
€22k ▼ 38.5%
Current assets
€49k ▼ 49.4%
Equity and liabilities €71k
Equity
€42k ▼ 28.9%
Debt
€29k ▼ 60.7%
Debt's share of the balance-sheet total falls from 55.5% to 40.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-2k▼
2024 · €3k
Cash flow
€-3k▼
2024 · €3k
Current ratio
1.70▲
2024 · 1.32
Quick ratio
0.89▲
2024 · 0.65
Debt to equity
0.69▼
2024 · 1.25
ROE
-40.6%▼
2024 · -18.7%
ROA
-24.0%▼
2024 · -8.3%
Interest coverage
-1.63▼
2024 · 2.99
Debt ≤ 1 year
€29k▼
2024 · €73k
Income taxes
€38▼
2024 · €159
Staff costs
€151k▼
2024 · €175k
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 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€132k€71k▼
Fixed assets21/28€36k€22k▼
Tangible fixed assets22/27€36k€22k▼
Plant, machinery and equipment23€24k€15k▼
Furniture and vehicles24€12k€6k▼
Current assets29/58€97k€49k▼
Stocks and contracts in progress3€49k€23k▼
Stocks30/36€49k€23k▼
Amounts receivable within one year40/41€20k€16k▼
Trade receivables40€9k€2k▼
Other amounts receivable41€10k€14k▲
Cash at bank and in hand54/58€5k€10k▲
Deferred charges and accrued income490/1€23k-
Equity and liabilities
Total equity and liabilities10/49€132k€71k▼
Equity10/15€59k€42k▼
Contributions10/11€3k€3k=
Reserves13€25k€25k=
Distributable reserves133€25k€25k=
Profit (loss) carried forward14€31k€14k▼
Amounts payable17/49€73k€29k▼
Amounts payable within one year42/48€73k€29k▼
Trade debts44€26k€11k▼
Suppliers440/4€26k€11k▼
Taxes, remuneration and social security45€38k€17k▼
Taxes450/3€38k€5k▼
Remuneration and social security454/9-€12k
Other amounts payable47/48€9k-
Accrued charges and deferred income492/3-€175
Income statement
Code20242025
Remuneration, social security and pensions62€175k€151k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€14k▲
Other operating charges640/8€5k€4k▼
Gross operating margin9900€184k€153k▼
Operating profit (loss)9901€-10k€-16k▼
Financial income75/76B€433€93▼
Recurring financial income75€433€93▼
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€-11k€-17k▼
Income taxes67/77€159€38▼
Profit (loss) for the period9904€-11k€-17k▼
Profit (loss) for the period to be appropriated9905€-11k€-17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€31k€14k▼
Profit (loss) brought forward from the previous period14P€42k€31k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Weakest financial yearnet €-17k
Net result drops to €-17k, the lowest in the series.
13-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 74 days late
24-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 297 days late
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Maasmechelen · 1 establishment unit since 2022
Ground area
2,574 m²
Building footprint
183 m²
Volume, LiDAR
771 m³
Parcel 73048A0698/00F000, Flanders · tallest building 6.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
ELTRI
since 20222.330.069.959
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73048A0698/00F000 | Flanders | 2,574 m² | 1 · 183 m² | 6.8 m · 1 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 500 EUR awarded · 500 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 500 EUR | 500 EUR |
Schemes
Stagebonus (stopgezet)
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Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 8,380 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-02-2022
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
42220Construction of utility projects for electricity and telecommunications
43212Electrical installation work in industrial facilities
46190Agents in non-specialised wholesale trade
47540Retail sale of electrical household appliances
47552Retail sale of lighting equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@eltri.be