Financials
- Financial year
- 2025
- Total assets
- €27,214
- Profit
- €755
- Solvency
- 10.1%
ELVECS
ActiveSummary
ELVECS is less than twelve months old; there is no public track record yet to compute a bankruptcy probability from. The 2025 annual accounts show equity of €2,755 and a net result of €755. Its solvency ranks better than 14% of 34,234 sector peers (NACE 43, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Other construction installation
NACE 43240
1 site
Size
€27,214total assets 2025
- Equity
- €2,755
- Profit
- €755
Turnover not published (micro format)
Signalsraises riskWeak solvency vs sectorYoung companyneutralFiled after the deadlineShow the evidence
Checked score
Score 2025
43
/ 100
Weak
Without a bankruptcy probability: score from the figures alone
Financial strength
Weak
Solvency
35
equity 10.1% of total assets
Liquidity
50
short-term debt 89.7% · cash 77.1%
Profitability
44
return on assets 2.8%
Bankruptcy probability, 12 months
This company is younger than 12 months. There is no public track record yet to base a reliable estimate on, so we'd rather not show a number.
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.12, below the usual 1.5; short-term debt: 89.7% and cash: 77.1% of total assets), and 89.9% of the assets are financed with debt and provisions.
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Signals
Three signals.
raises riskneutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 34234 sector peers (2025).
NBB · sector comparisonPosition among 34234 sector peers
Solvency
better than 14%
← weakest
strongest →
raises risk · Young company
Founded in 2025, less than a year ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 1 filingDeviation from the deadline
2025
27 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationAppointment: KADDOURI Abdelhalime (director) ·…
Key points
By topic
Board & ownership
- Board
- 1 member
- KADDOURI AbdelhalimeDirector
Timeline
- Events
- 2
- Since
- 2025
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Other construction installationNACE 43240
- Founded
- 21-10-2025
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 37
- Who signs
- Each director alone
- Purpose
- “Het ontwerpen, voorbereiden, coördineren, uitvoeren, onderhouden, renoveren, herstellen…” (deed in Dutch)
- Statutory auditor
- No statutory auditor
Go further with this company
How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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