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ELVE

Active
Private limited company (pre-2019)founded 2001active for 24 yearsBoterdijk 97, 2990 Wuustwezel, BelgiumKBO/BCE: BE 0476.307.018
Summary

ELVE has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €137,234 and a net result of €21,028. Equity is growing by about 25% per year across the filed financial years. Its solvency ranks better than 71% of 9,122 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Overview

Activity
General construction of residential buildings
NACE 41001
1 site
Size
€217,527total assets 2025
Equity
€137,234
Profit
€21,028
Turnover not published (micro format)
Financial health
66 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.2%
Structure
Accounts on time0 of 6 deeds read
Why 66raises riskSector: Construction of residential and non-residential buildings (NACE 41)Size: total assets €217,5272 of the last 3 latelowers riskFounded in 2001Show the evidence

Checked score

Score 2025
66 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 60% of its sector peers (NACE 41, micro)
Financial strength · tick = 2024
Strong
Solvency 88+8
equity 63.1% of total assets
Liquidity 45+4
short-term debt 32.8% · cash 7.2%
Profitability 81+34
return on assets 9.7%
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,385 companies, NACE 41, micro)
Last 24 months 11-2024: 11.1%highest value 12-2024: 11.1%● unchanged vs 11-2024highest value 01-2025: 1.0%▼ -10.1 percentage points vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 1.0%● unchanged vs 02-2025 04-2025: 1.0%● unchanged vs 03-2025 05-2025: 1.0%● unchanged vs 04-2025 06-2025: 0.9%▼ -0.1 percentage points vs 05-2025 07-2025: 0.9%● unchanged vs 06-2025 08-2025: 0.9%● unchanged vs 07-2025 09-2025: 0.9%● unchanged vs 08-2025lowest value 10-2025: 1.1%▲ +0.2 percentage points vs 09-2025 11-2025: 1.4%▲ +0.3 percentage points vs 10-2025 12-2025: 1.0%▼ -0.4 percentage points vs 11-2025 01-2026: 1.0%● unchanged vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 0.9%▼ -0.1 percentage points vs 05-2026 07-2026: 1.0%▲ +0.1 percentage points vs 06-2026 08-2026: 1.0%● unchanged vs 07-2026 09-2026: 1.0%● unchanged vs 08-2026 10-2026: 1.2%▲ +0.2 percentage points vs 09-2026
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.89, compared with 2.42 in 2024; short-term debt: 32.8% and cash: 7.2% of total assets), and 36.9% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 41, micro): better than 72% on solvency, 43% on liquidity, 62% on profitability and 62% on growth.

The bankruptcy probability was computed on 09-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Size: total assets €217,527
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · 2 of the last 3 late
NBB · filings
lowers risk · Founded in 2001
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
31 days late
2022
231 days late
2021
14 days late
2020
87 days late
2019
33 days late
2018
34 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 52 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-03-2026 is due by 31-10-2026. Nothing is late today. The company usually files around 1 December (4 of the last 5 filed years within 56 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-03-2026 year end10-10-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Highest result from 2019 to 2025net €21,028 ▲157%
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Total assets 20256 financial years filed €217,527 View
  • Active since 2001founded 13-12-2001 24 years View

By topic

Financials

Financial year
2025
Total assets
€217,527
Profit
€21,028
Solvency
63.1%
Total assets▲ 2.3%
Net result
20192025
Go to Financials

Timeline

Events
26
Since
2004
Next accounts
by 31-10-2026
  1. 31-03-2024Equity above €100,000
  2. 19-06-2023Annual accounts filed
  3. 31-03-2022Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
General construction of residential buildingsNACE 41001
Founded
13-12-2001
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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