Skip to content

ELV

Active
Private limited companyfounded 201213 yrs activeBuitingstraat 19, 3583 Beringen, BelgiumKBO/BCE: BE 0500.518.020

ELV has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €306k and a net result of €-8k. Equity is growing by ~9.7% per year across the filed fiscal years. Its solvency ranks better than 38% of 15868 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2024
53 / 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability41▼-8
Solvency49=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 1.51 against 1.59 in 2023; short-term debt: 36.2% and cash: 4.6% of total assets), but 75.9% 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 riskneutral
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 2024
Solvency, return and age of the figures
Solvency
24.1%
Return on assets
-0.6%
Age of the figures
21 mo
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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 13 years 0 20 y
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 22-07-2025, 9 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
9 d early
2023
19 d early
2022
4 d early
2021
26 d early
2020
18 d late
2019
87 d late
← before the deadline after the 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

Financials · fiscal year 2024, micro schema

Equity
€306k▼ 2.5%
2023 · €314k
2018: €139k 2019: €167k 2020: €258k 2021: €287k 2022: €288k 2023: €314k
2018 → 2024
Total assets
€1.27M▼ 1.5%
2023 · €1.29M
2018: €442k 2019: €638k 2020: €795k 2021: €1.33M 2022: €1.34M 2023: €1.29M
2018 → 2024
Net result
€-8k
2023 · €26k
2018: €35k 2019: €28k 2020: €91k 2021: €29k 2022: €274 2023: €26k
2018 → 2024
Working capital
€233k▼ 11.4%
2023 · €262k
2018: €177k 2019: €46k 2020: €36k 2021: €222k 2022: €219k 2023: €262k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€258k-€287k▲ 11.3%€288k▲ 0.1%€314k▲ 9.2%€306k▼ 2.5%
Operating result€111k-€55k▼ 51.0%€16k▼ 70.6%€70k▲ 335%€26k▼ 62.8%
Net result€91k-€29k▼ 67.9%€274▼ 99.1%€26k▲ 9,552%€-8k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€0€50k€100kOperating result 2020: €111k€111kNet result 2020: €91k€91kOperating result 2021: €55k€55kNet result 2021: €29k€29kOperating result 2022: €16k€16kNet result 2022: €274€274Operating result 2023: €70k€70kNet result 2023: €26k€26kOperating result 2024: €26k€26kNet result 2024: €-8k€-8k20202021202220232024
The operating result falls in 2024; 2024 is 63% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.27M
Fixed assets €576k▼ 1.1%
Current assets €692k▼ 1.8%
Equity and liabilities €1.27M
Equity €306k▼ 2.5%
Debt €962k▼ 1.2%
The debt ratio rises from 75.6% to 75.9%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€95k
2023 · €130k
Cash flow
€61k
2023 · €86k
Solvency
24.1%
2023 · 24.4%
Current ratio
1.51
2023 · 1.59
Quick ratio
0.31
2023 · 0.37
Debt / equity
3.14
2023 · 3.10
ROE
-2.6%
2023 · 8.4%
ROA
-0.6%
2023 · 2.1%
Interest coverage
2.81
2023 · 3.38
Debt
€962k
2023 · €973k
Debt ≤ 1 year
€459k
2023 · €442k
Debt > 1 year
€481k
2023 · €515k
Income taxes
€0
2023 · €5k
Staff costs
€75k
2023 · €92k
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€1.29M€1.27M
Fixed assets21/28€583k€576k
Tangible fixed assets22/27€583k€576k
Land and buildings22€385k€363k
Plant, machinery and equipment23€188k€154k
Furniture and vehicles24€10k€59k
Current assets29/58€705k€692k
Stocks and contracts in progress3€541k€551k
Stocks30/36€541k€551k
Amounts receivable within one year40/41€64k€80k
Trade receivables40€39k€54k
Other amounts receivable41€25k€27k
Cash at bank and in hand54/58€94k€58k
Deferred charges and accrued income490/1€6k€2k
Equity and liabilities
Total equity and liabilities10/49€1.29M€1.27M
Equity10/15€314k€306k
Contributions10/11€19k€19k=
Reserves13€58k€58k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€58k€58k=
Profit (loss) carried forward14€237k€230k
Amounts payable17/49€973k€962k
Amounts payable after more than one year17€515k€481k
Financial debts170/4€515k€481k
Amounts payable within one year42/48€442k€459k
Current portion of amounts payable after more than one year42€100k€115k
Trade debts44€19k€26k
Suppliers440/4€19k€26k
Taxes, remuneration and social security45€23k€3k
Taxes450/3€6k€0
Remuneration and social security454/9€18k€3k
Other amounts payable47/48€300k€315k
Accrued charges and deferred income492/3€16k€21k
Income statement Code20232024
Non-recurring operating income76A€413€0
Remuneration, social security and pensions62€92k€75k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€60k€69k
Other operating charges640/8€4k€4k
Gross operating margin9900€226k€175k
Operating profit (loss)9901€70k€26k
Financial income75/76B€54€34
Recurring financial income75€54€34
Financial charges65/66B€38k€34k
Recurring financial charges65€38k€34k
Profit (loss) for the period before taxes9903€32k€-8k
Income taxes67/77€5k€0
Profit (loss) for the period9904€26k€-8k
Profit (loss) for the period to be appropriated9905€26k€-8k
Appropriation of the result
Profit (loss) to be appropriated9906€237k€230k
Profit (loss) brought forward from the previous period14P€211k€237k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

2025
22-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet €-8k ▼130%
Net result drops to €-8k, the lowest in the series.
12-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
27-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
05-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
18-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
2020
31-12
Financial Highest result since 2018net €91k ▲224%
Operating result €111k, net result €91k, both a record.
31-12
Financial Equity above €200kEq €258k ▲54.6%
3 profitable years in a row build equity to €258k.
26-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 87 days late
2019
31-12
Financial Equity above €150kEq €167k ▲20.2%
2 profitable years in a row build equity to €167k.
20-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2018
24-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
27-09
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Beringen · 1 establishment unit since 2012
establishment approximate The establishment unit on the map
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.

Buitingstraat 193583 Beringen
Ground area
1,817 m²
Building footprint
173 m²
Volume, LiDAR
929 m³
Parcel 71049B1039/00E000, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ELV
Buitingstraat 19, 3583 BeringenNACE 4531001
since 20122.214.590.766
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71049B1039/00E000 Flanders 1,817 m² 1 · 173 m² 8.8 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.

Similar companies · same sector, comparable size

Of 1,746 companies in sector 46720 we hold annual accounts for 1,084. 770 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded29-10-2012
Fiscal year end31-12
Activities, NACEBEL
45310
47820Retail sale of motor vehicle parts and accessories
46720Wholesale of motor vehicle parts and accessories
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.