ELVA HOLDING

Active

Private limited companyfounded 20206 yrs activeTorhoutsesteenweg 691, 8400 Oostende, BelgiumKBO/BCE: BE 0743.438.286

Summary

ELVA HOLDING has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.63M and a net result of €-20k. Equity is growing by ~66.4% per year across the filed fiscal years. Its solvency ranks better than 68% of 2284 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Risk analysis Watch Report Compare

ELVA HOLDINGActiveChecked score 65/100

Risk analysis Report Compare

Checked score

Score 2025

65 / 100

Healthy

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability36▼-64

Solvency87▲+1

Growth52▼-26

Track record100

Bankruptcy probability, 12 months

0.7% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €170k at 30 days acceptable

Liquidity short (current ratio 0.38 against 0.88 in 2024; short-term debt: 5% and cash: 0.1% of total assets), and 37.5% of the assets are financed with debt.

Credit check for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 82

Relative position

BE, all sectors

reference

Office administrative, office support and other business support activities (NACE 82)

about 37% fewer bankruptcies

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

62.5%

Return on assets

-0.5%

Age of the figures

9 mo

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 · 5 filings

Deviation from the deadline

2025

31 d late

2024

28 d late

2023

31 d late

2022

on the day

2021

6 d early

← before the deadline after the deadline →

Checked, nothing found (2)

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 months

Position in the running window

25-09-2026 today31-12-2026 close31-07-2027 deadline

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 2025, abbreviated schema

Equity

€2.63M▼ 0.7%

2024 · €2.65M

2021: €363klowest in 5 years 2022: €548k▲ +50.9% vs 2021 2023: €733k▲ +33.7% vs 2022 2024: €2.65M▲ +262% vs 2023highest in 5 years 2025: €2.63M▼ -0.7% vs 2024

2021 → 2025

Total assets

€4.21M▼ 3.4%

2024 · €4.36M

2021: €2.41M 2022: €2.39M▼ -1.0% vs 2021 2023: €2.39M▼ -0.1% vs 2022lowest in 5 years 2024: €4.36M▲ +83.0% vs 2023highest in 5 years 2025: €4.21M▼ -3.4% vs 2024

2021 → 2025

Net result

€-20k

2024 · €2.15M

2021: €63k 2022: €185k▲ +193% vs 2021 2023: €185k▼ -0.1% vs 2022 2024: €2.15M▲ +1065% vs 2023highest in 5 years 2025: €-20k▼ -101% vs 2024lowest in 5 years

2021 → 2025

Working capital

€-131k▼ 323%

2024 · €-31k

2021: €-237klowest in 5 years 2022: €-162k▲ +31.6% vs 2021 2023: €-184k▼ -13.6% vs 2022 2024: €-31k▲ +83.2% vs 2023highest in 5 years 2025: €-131k▼ -323% vs 2024

2021 → 2025

Trend over the years

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€363k-€548k▲ 50.9%€733k▲ 33.7%€2.65M▲ 262%€2.63M▼ 0.7% 2021: €363klowest in 5 years 2022: €548k▲ +50.9% vs 2021 2023: €733k▲ +33.7% vs 2022 2024: €2.65M▲ +262% vs 2023highest in 5 years 2025: €2.63M▼ -0.7% vs 2024

Operating result€-2k-€-460▲ 80.2%€-3k▼ 599%€-80k▼ 2,387%€-13k▲ 83.7% 2021: €-2k 2022: €-460▲ +80.2% vs 2021highest in 5 years 2023: €-3k▼ -599% vs 2022 2024: €-80k▼ -2387% vs 2023lowest in 5 years 2025: €-13k▲ +83.7% vs 2024

Net result€63k-€185k▲ 193%€185k▼ 0.1%€2.15M▲ 1,065%€-20k 2021: €63k 2022: €185k▲ +193% vs 2021 2023: €185k▼ -0.1% vs 2022 2024: €2.15M▲ +1065% vs 2023highest in 5 years 2025: €-20k▼ -101% vs 2024lowest in 5 years

Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €13k in 2025 against €80k in 2024; the loss shrinks.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €4.21M

98.1%

Fixed assets €4.13M =

Current assets €80k ▼ 65.0%

Equity and liabilities €4.21M

62.5%

37.5%

Equity €2.63M ▼ 0.7%

Debt €1.58M ▼ 7.6%

Debt's share of the balance-sheet total falls from 39.2% to 37.5%. Equity and debt are lower.

Key figures and ratios

2025 value · change against 2024

Current ratio

0.38▼

2024 · 0.88

Debt to equity

0.60▼

2024 · 0.64

ROE

-0.8%▼

2024 · 81.1%

ROA

-0.5%▼

2024 · 49.3%

Debt ≤ 1 year

€211k▼

2024 · €261k

Debt > 1 year

€1.37M▼

2024 · €1.45M

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

As filed By statement

Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines

Balance sheet Code20242025

Assets

Total assets20/58€4.36M€4.21M▼

Fixed assets21/28€4.13M€4.13M=

Financial fixed assets28€4.13M€4.13M=

Current assets29/58€230k€80k▼

Amounts receivable within one year40/41€75k€74k▼

Other amounts receivable41€75k€74k▼

Cash at bank and in hand54/58€155k€4k▼

Deferred charges and accrued income490/1-€2k

Equity and liabilities

Total equity and liabilities10/49€4.36M€4.21M▼

Equity10/15€2.65M€2.63M▼

Contributions10/11€300k€300k=

Capital10€300k-

Issued capital100€300k-

Revaluation surpluses12€1.77M€1.77M=

Reserves13€586k€566k▼

Distributable reserves133€586k€566k▼

Amounts payable17/49€1.71M€1.58M▼

Amounts payable after more than one year17€1.45M€1.37M▼

Financial debts170/4€1.45M€1.37M▼

Amounts payable within one year42/48€261k€211k▼

Current portion of amounts payable after more than one year42€200k€200k=

Trade debts44€61k€1k▼

Suppliers440/4€61k€1k▼

Other amounts payable47/48€127€10k▲

Income statement Code20242025

Other operating charges640/8€1k€1k▼

Gross operating margin9900€-79k€-12k▲

Operating profit (loss)9901€-80k€-13k▲

Financial income75/76B€2.24M-

Recurring financial income75€68k-

Non-recurring financial income76B€2.18M-

Financial charges65/66B€9k€7k▼

Recurring financial charges65€9k€7k▼

Profit (loss) for the period before taxes9903€2.15M€-20k▼

Profit (loss) for the period9904€2.15M€-20k▼

Profit (loss) for the period to be appropriated9905€2.15M€-20k▼

Appropriation of the result

Profit (loss) to be appropriated9906€2.15M€-20k▼

Transfer from equity791/2-€20k

Transfer to equity691/2€153k-

To other reserves6921€153k-

Profit to be distributed694/7€2.00M-

Return on contributions (dividend)694€2.00M-

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement

Income statement Balance sheet Cash flow

Line	2021	2022	2023	2024	2025	Change
Other operating charges640/8	€806	€460	€1k	€1k	€1k	▼ 1.5%
Gross operating margin9900	€-2k	-	€-2k	€-79k	€-12k	▲ 84.9%
Operating profit (loss)9901	€-2k	€-460	€-3k	€-80k	€-13k	▲ 83.7%
Financial income75/76B	€100k	€200k	€200k	€2.24M	-	-
Recurring financial income75	€100k	€200k	€200k	€68k	-	-
Non-recurring financial income76B	-	-	-	€2.18M	-	-
Financial charges65/66B	€35k	€15k	€12k	€9k	€7k	▼ 27.7%
Recurring financial charges65	€35k	€15k	€12k	€9k	€7k	▼ 27.7%
Profit (loss) for the period before taxes9903	€63k	€185k	€185k	€2.15M	€-20k	▼ 101%
Profit (loss) for the period9904	€63k	€185k	€185k	€2.15M	€-20k	▼ 101%
Profit (loss) for the period to be appropriated9905	€63k	€185k	€185k	€2.15M	€-20k	▼ 101%

Line	2021	2022	2023	2024	2025	Change
Assets
Total assets20/58	€2.41M	€2.39M	€2.39M	€4.36M	€4.21M	▼ 3.4%
Fixed assets21/28	€2.35M	€2.35M	€2.37M	€4.13M	€4.13M	=
Financial fixed assets28	€2.35M	€2.35M	€2.37M	€4.13M	€4.13M	=
Current assets29/58	€63k	€38k	€18k	€230k	€80k	▼ 65.0%
Amounts receivable within one year40/41	€307	€307	€11k	€75k	€74k	▼ 0.4%
Other amounts receivable41	€307	€307	€11k	€75k	€74k	▼ 0.4%
Cash at bank and in hand54/58	€63k	€38k	€8k	€155k	€4k	▼ 97.5%
Deferred charges and accrued income490/1	-	-	-	-	€2k	-
Equity and liabilities
Total equity and liabilities10/49	€2.41M	€2.39M	€2.39M	€4.36M	€4.21M	▼ 3.4%
Equity10/15	€363k	€548k	€733k	€2.65M	€2.63M	▼ 0.7%
Contributions10/11	€300k	€300k	€300k	€300k	€300k	=
Capital10	€300k	€300k	€300k	€300k	-	-
Issued capital100	€300k	€300k	€300k	€300k	-	-
Revaluation surpluses12	-	-	-	€1.77M	€1.77M	=
Reserves13	€63k	€248k	€433k	€586k	€566k	▼ 3.4%
Distributable reserves133	€63k	€248k	€433k	€586k	€566k	▼ 3.4%
Amounts payable17/49	€2.05M	€1.84M	€1.65M	€1.71M	€1.58M	▼ 7.6%
Amounts payable after more than one year17	€1.75M	€1.64M	€1.45M	€1.45M	€1.37M	▼ 5.5%
Financial debts170/4	€1.75M	€1.64M	€1.45M	€1.45M	€1.37M	▼ 5.5%
Amounts payable within one year42/48	€300k	€200k	€203k	€261k	€211k	▼ 19.0%
Current portion of amounts payable after more than one year42	€200k	€200k	€200k	€200k	€200k	=
Trade debts44	-	-	€3k	€61k	€1k	▼ 98.2%
Suppliers440/4	-	-	€3k	€61k	€1k	▼ 98.2%
Other amounts payable47/48	€100k	-	-	€127	€10k	▲ 7,849%

Line	2021	2022	2023	2024	2025	Change
Profit (loss) for the period9904	€63k	€185k	€185k	€2.15M	€-20k	▼ 101%
Operating cash flow (approximation)	€63k	€185k	€185k	€2.15M	€-20k	▼ 101%
Investment in fixed assets (approximation)	-	€0	€-17k	€-1.77M	€0	▲ 100%
Change in cash	-	€-25k	€-30k	€148k	€-151k	▼ 203%

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

All 9Financial 4Filings 5

Next filing, fiscal year 2026, expected by 31-07-2027

2026

31-08

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema · 31 days late

2025

31-12

Financial Weakest financial yearnet €-20k

Net result drops to €-20k, the lowest in the series.

28-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 28 days late

2024

31-12

Financial Highest result since 2021net €2.15M ▲1,065%

Net result €2.15M, the highest in the series.

31-12

Financial Equity above €2MEq €2.65M ▲262%

4 profitable years in a row build equity to €2.65M.

31-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 31 days late

2023

31-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Equity above €500kEq €548k ▲50.9%

2 profitable years in a row build equity to €548k.

25-07

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Oostende

exact location from the address register On OpenStreetMap

Ground area

1.2 ha

Building footprint

4,454 m²

Volume, LiDAR

22,927 m³

Parcel 35020A0077/00G000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.

13 companies at this address See who is registered here

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
35020A0077/00G000	Flanders	1.2 ha	1 · 4,454 m²	8.7 m · 2 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.

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Of 24,497 companies in sector 82990 we hold annual accounts for 9,406. 2,763 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

Founded07-02-2020

Fiscal year end31-12

Trade name NL BV

Activities, NACEBEL 2025

82990Other business support services

70200Business and other management consultancy

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