Result
-€19,838 -€19,838
From profit to loss in 2025, after a profit of €2.2m in 2024.
ELVA HOLDING
Lifetime
5 annual accounts with figures on one time axispeak -€1,514 (2021)
-€11,882▲ €66,821
lowest -€19,838 (2025)
-€19,838▼ €2.2m
peak €2.7m (2024)
€2.6m▼ 0.7%
€1.6m▼ 7.6%
Board2 names since 2020
2 directorsAlpa Invest and 1 other
Owners2 names in the annual accounts
70%AUTOGROEP NOORDZEE and 1 other
Documentsfilings and deeds
31-08-202631 days late
2025abbreviated format
Gross margin from -€78,704 to -€11,882Loss of €19,838Cash from €155,272 to €3,843
Key points
from the 2025 annual accountsLiquidity
0.38 was 0.88 in 2024
Short-term debts fell from €260,899 to €211,227.
Filings
5 annual accounts 3 late
The 2023 accounts came latest: 31 days after the end of the period.
Starting capital
€300,000 6,000 shares
At the same address
12 companies
Position in the sector
-€19,838
Lower net result than 86% of companies in office administrative support. Sector median €20,941 · 2,831 companies.
Turnover not published (abbreviated or micro format)
Checked score
65
Healthy
Financially stronger than 41% of small companies in office administrative support (NACE 82)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 1,123 companies (NACE 82, small).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.6%
01-2025: 0.6%● unchanged vs 12-2024
02-2025: 0.6%● unchanged vs 01-2025
03-2025: 0.6%● unchanged vs 02-2025
04-2025: 0.6%● unchanged vs 03-2025
05-2025: 0.6%● unchanged vs 04-2025
06-2025: 0.6%● unchanged vs 05-2025
07-2025: 0.6%● unchanged vs 06-2025
08-2025: 1.0%▲ +0.4 percentage points vs 07-2025
09-2025: 1.3%▲ +0.3 percentage points vs 08-2025highest value
10-2025: 0.1%▼ -1.2 percentage points vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025lowest value
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.2%▲ +0.1 percentage points vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.4%▲ +0.2 percentage points vs 07-2026
09-2026: 1.1%▲ +0.7 percentage points vs 08-2026
10-2026: 1.1%● unchanged vs 09-2026
11-2026: 1.1%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 0.38, cash €3,843, halved
Last filed accounts filed 31 days late; 2 of the last 3 accounts late
No registered site in the KBO
lowers risk
Sector: Office administrative, office support and other business support activities (NACE 82)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 82, small). It does better than 67% of them on solvency, 49% on liquidity, 20% on profitability and 28% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit verdict
Credit of up to €170,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.38 (0.88 in 2024), below 1. Short-term debt is 5% and cash 0.1% of total assets. 37.5% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 31 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filingsDeviation from the deadline
2025
31 days late
2024
28 days late
2023
31 days late
2022
on the day
2021
6 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 17 days after the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- AUTOGROEP NOORDZEE 70%equity €20.8m (2025) · 2025 annual accounts of AUTOGROEP NOORDZEE
- Alpa Invest 30%score 92equity €606,113 (2025) · 2025 annual accounts of Alpa Invest
Shares in 2 companies, Elva Real Estate and Donati
Board & ownershipRecent changes
Incorporation
Founding capital of €300,000, 6,000 shares · Founders: AUTOGROEP NOORDZEE and ALPA INVEST · Permanent representatives: LINDEN Nicolas Christian Fernand Michel and DECONYNCK Alex Daniël · published on 11-02-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ELVA HOLDING Ostend | €4.2m | -€11,882 | 62.5% | - |
| ACACIA HOLDING Zonhoven | €3.9m | -€74,778 | 59.7% | - |
| VREMAC IMMO Wortegem-Petegem | €4.7m | -€15,813 | 32.7% | - |
| Jade Sustainable Projects Antwerp | €3.6m | -€11,746 | 0.0% | 0.2 |
| Ace Capital Group Kontich | €3.4m | -€27,104 | 86.1% | - |
| HELEXIA BELGIUM Antwerp | €5.0m | -€583,822 | -99.6% | 10.2 |
| USQUARE INCUBATOR Etterbeek | €4.2m | -€86,181 | 97.2% | 0.1 |
These companies have the same main activity as ELVA HOLDING: other business support services (NACE 82990). They are comparable in size and age: total assets between €3.4m and €5m, founded between 2018 and 2019.
Official details
Source: KBO- Status
- Active since 07-02-2020Normal situation
- Registered office
- 13 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- Other business support servicesNACE 82990and 1 other
- Financial year end
- 31 December
- Peppol
- Reachable
Insights on ELVA HOLDING
ELVA HOLDING files the abbreviated format. That format states no turnover. The gross margin fell from -€1,514 in 2021 to -€11,882 in 2025.
AUTOGROEP NOORDZEE holds 70% of the shares.
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 ELVA HOLDING
- What is the company number of ELVA HOLDING?
- The company number of ELVA HOLDING is 0743.438.286. The VAT number is the same number with BE in front: BE 0743.438.286.
- Where is ELVA HOLDING based?
- The registered office is at Torhoutsesteenweg 691, 8400 Ostend.Company details
- What does ELVA HOLDING do?
- According to the KBO register, the main activity is other business support services (NACE 82990).
- What is the legal form of ELVA HOLDING?
- ELVA HOLDING is a private limited company (BV).
- When was ELVA HOLDING founded?
- ELVA HOLDING was founded on 07-02-2020.
- Is ELVA HOLDING still active?
- Yes, ELVA HOLDING is an active enterprise in the KBO register.
- What is the turnover of ELVA HOLDING?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
- Is ELVA HOLDING profitable?
- In financial year 2025, ELVA HOLDING made a loss of €19,838.
- Where can I find the annual accounts of ELVA HOLDING?
- ELVA HOLDING filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ELVA HOLDING due?
- ELVA HOLDING must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See the other companies in the same group.AUTOGROEP NOORDZEE · 17 companies Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.