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eLVee

Active
Private limited companyfounded 200521 yrs activeChôdes - Route du Barrage 83, 4960 Malmedy, BelgiumKBO/BCE: BE 0872.671.386

eLVee has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €308k and a net result of €17k. Equity is growing by ~8.7% per year across the filed fiscal years. Its solvency ranks better than 73% of 31523 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
94 / 100
Excellent▲ +13 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability27=
Solvency90▲+7
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 1.56 against 1.26 in 2024), and 23.1% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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 21 years 0 30 y
lowers risk · 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
76.9%
Return on assets
4.2%
Age of the figures
8 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · 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 · 10 filings
Deviation from the deadline
2025
31 d late
2024
29 d late
2023
30 d late
2022
30 d late
2021
31 d late
2020
30 d late
2019
98 d late
← before the deadline after the deadline →
neutral · 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
14-09-2026 today31-12-2026 close31-07-2027 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 2025, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€17k▲ 5.2%
2024 · €16k
2018: €13k 2019: €19k 2020: €16k 2021: €15k 2022: €29k 2023: €28k 2024: €16k
2018 → 2025
Working capital
€50k▲ 86.5%
2024 · €27k
2018: €-144k 2019: €-112k 2020: €-80k 2021: €-55k 2022: €-35k 2023: €-7k 2024: €27k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€219k-€248k▲ 13.0%€276k▲ 11.2%€291k▲ 5.8%€308k▲ 5.7%
Operating result€20k-€32k▲ 66.1%€17k▼ 48.4%€6k▼ 63.9%€-2k
Net result€15k-€29k▲ 96.3%€28k▼ 3.1%€16k▼ 42.6%€17k▲ 5.2%
Result per fiscal year
Operating resultNet result
€-10k€0€10k€20k€30kOperating result 2021: €20k€20kNet result 2021: €15k€15kOperating result 2022: €32k€32kNet result 2022: €29k€29kOperating result 2023: €17k€17kNet result 2023: €28k€28kOperating result 2024: €6k€6kNet result 2024: €16k€16kOperating result 2025: €-2k€-2kNet result 2025: €17k€17k20212022202320242025
The operating result turns negative in 2025: a loss of €2k after €6k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €401k
Fixed assets €261k▼ 1.3%
Current assets €140k▲ 5.7%
Equity and liabilities €401k
Equity €308k▲ 5.7%
Debt €93k▼ 11.9%
The debt ratio falls from 26.5% to 23.1%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€34k
2024 · €42k
Cash flow
€53k
2024 · €52k
Solvency
76.9%
2024 · 73.5%
Current ratio
1.56
2024 · 1.26
Quick ratio
1.56
2024 · 1.26
Debt / equity
0.30
2024 · 0.36
ROE
5.4%
2024 · 5.5%
ROA
4.2%
2024 · 4.0%
Interest coverage
12.37
2024 · 13.33
Debt
€93k
2024 · €105k
Debt ≤ 1 year
€89k
2024 · €105k
Income taxes
€2k
2024 · €5k
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€397k€401k
Fixed assets21/28€264k€261k
Tangible fixed assets22/27€261k€258k
Land and buildings22€239k€239k
Plant, machinery and equipment23€14k€11k
Furniture and vehicles24€5k€5k
Other tangible fixed assets26€3k€3k=
Financial fixed assets28€3k€3k=
Current assets29/58€132k€140k
Amounts receivable within one year40/41€25k€19k
Trade receivables40€12k€9k
Other amounts receivable41€13k€10k
Current investments50/53€49k€49k=
Cash at bank and in hand54/58€57k€66k
Deferred charges and accrued income490/1€2k€6k
Equity and liabilities
Total equity and liabilities10/49€397k€401k
Equity10/15€291k€308k
Contributions10/11€12k€12k=
Reserves13€279k€296k
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€279k€296k
Amounts payable17/49€105k€93k
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€105k€89k
Current portion of amounts payable after more than one year42€7k€0
Trade debts44€4k€7k
Suppliers440/4€4k€7k
Taxes, remuneration and social security45€11k€6k
Taxes450/3€5k€6k
Remuneration and social security454/9€7k€0
Other amounts payable47/48€83k€76k
Accrued charges and deferred income492/3€0€3k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€36k
Other operating charges640/8€5k€5k
Non-recurring operating charges66A€0-
Gross operating margin9900€47k€39k
Operating profit (loss)9901€6k€-2k
Financial income75/76B€18k€24k
Recurring financial income75€18k€24k
Financial charges65/66B€3k€3k
Recurring financial charges65€3k€3k
Profit (loss) for the period before taxes9903€21k€19k
Income taxes67/77€5k€2k
Profit (loss) for the period9904€16k€17k
Profit (loss) for the period to be appropriated9905€16k€17k
Appropriation of the result
Profit (loss) to be appropriated9906€16k€17k
Transfer to equity691/2€16k€17k
To other reserves6921€16k€17k
Social balance
Average headcount (FTE)90870.0-

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
29-08
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 29 days late
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
30-08
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 30 days late
2022
31-12
Financial Highest result since 2018net €29k ▲96.3%
Operating result €32k, net result €29k, both a record.
31-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
30-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
31-12
Financial Equity above €200kEq €205k ▲8.4%
3 profitable years in a row build equity to €205k.
06-11
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 98 days late
2019
18-09
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 49 days late
2018
28-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 28 days late
2017
24-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has 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
5 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, Malmedy · 1 establishment unit since 2005
establishment 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.

Chôdes - Route du Barrage 834960 Malmedy
Ground area
1,649 m²
Building footprint
208 m²
Volume, LiDAR
1,474 m³
Parcel 71038B0661/00A002, Flanders · tallest building 17.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
eLVee
Zandstraat 18, 3560 LummenNACE 7012001
since 20052.145.998.801
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71038B0661/00A002 Flanders 1,649 m² 1 · 208 m² 17.0 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via establishment units: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 4 entries · 697 EUR awarded · 697 EUR paid
Year Entries awardedpaid
2025 1 139 EUR139 EUR
2024 1 247 EUR247 EUR
2023 1 75 EUR75 EUR
2022 1 236 EUR236 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
4 entries · 697 EUR · 697 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 82,218 companies in sector 70200 we hold annual accounts for 52,396. 37,869 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded23-03-2005
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
66220Insurance agents and brokers
68310Real estate agency activities
68311Real estate activities
68321Property management for co-owned buildings (syndics)
68322Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
Phone:013/336253
Establishment Lummen 2.145.998.801