ELVEREN
ActiveSummary
ELVEREN has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of -€1,990. Equity remains stable across the filed fiscal years (±0.9% per year). The computed 12-month bankruptcy probability is 0.6% (low).
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Signals
This company filed its last 7 accounts on average 46 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, abbreviated schema
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Peer companies
Historical observationOf the 367 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 97% are still going.
- Medium-sized
- 20 years or older
- solvency 10 to 30%
- a small loss
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 367 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €3,008 | - | - | €424 | €1,349 | ▲ 218% |
| Gross operating margin9900 | €5,510 | -€263 | -€237 | -€2,251 | -€471 | ▲ 79.1% |
| Operating profit (loss)9901 | €2,502 | -€263 | -€237 | -€2,676 | -€1,820 | ▲ 32.0% |
| Financial income75/76B | - | - | €23,983 | €18,532 | - | - |
| Recurring financial income75 | - | - | €23,983 | €18,532 | - | - |
| Financial charges65/66B | €178 | €49 | €148 | €169 | €170 | ▲ 0.5% |
| Recurring financial charges65 | €178 | €49 | €148 | €169 | €170 | ▲ 0.5% |
| Profit (loss) for the period before taxes9903 | €2,324 | -€312 | €23,599 | €15,687 | -€1,990 | ▼ 113% |
| Profit (loss) for the period9904 | €2,324 | -€312 | €23,599 | €15,687 | -€1,990 | ▼ 113% |
| Profit (loss) for the period to be appropriated9905 | €2,324 | -€312 | €23,599 | €15,687 | -€1,990 | ▼ 113% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6.5m | €6.5m | €6.6m | €6.6m | €6.6m | = |
| Fixed assets21/28 | €4.5m | €4.5m | €4.5m | €4.5m | €4.5m | = |
| Intangible fixed assets21 | - | - | €0 | €0 | €0 | - |
| Tangible fixed assets22/27 | €4.5m | €4.5m | €4.5m | €4.5m | €4.5m | = |
| Land and buildings22 | €4.5m | €4.5m | €4.5m | €4.5m | €4.5m | = |
| Plant, machinery and equipment23 | €2,299 | €2,299 | €2,299 | €2,299 | €2,299 | = |
| Financial fixed assets28 | €10,025 | €25 | €25 | €25 | €25 | = |
| Current assets29/58 | €2.1m | €2.1m | €2.1m | €2.1m | €2.1m | ▼ 0.1% |
| Amounts receivable within one year40/41 | €2.1m | €2.1m | €2.1m | €2.1m | €2.1m | ▼ 0.1% |
| Trade receivables40 | €772,253 | €782,253 | - | - | - | - |
| Other amounts receivable41 | €1.3m | €1.3m | €2.1m | €2.1m | €2.1m | ▼ 0.1% |
| Cash at bank and in hand54/58 | €320 | €8 | €1 | €25 | €234 | ▲ 836% |
| Deferred charges and accrued income490/1 | €1,606 | - | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6.5m | €6.5m | €6.6m | €6.6m | €6.6m | = |
| Equity10/15 | €1.1m | €1.1m | €1.2m | €1.2m | €1.2m | ▼ 0.2% |
| Contributions10/11 | €500,000 | €500,000 | €500,000 | €500,000 | €500,000 | = |
| Capital10 | €500,000 | €500,000 | €500,000 | €500,000 | €500,000 | = |
| Issued capital100 | €500,000 | €500,000 | €500,000 | €500,000 | €500,000 | = |
| Reserves13 | €1.6m | €1.6m | €1.6m | €1.6m | €1.6m | = |
| Non-distributable reserves130/1 | €50,000 | €50,000 | €50,000 | €50,000 | €50,000 | = |
| Legal reserve130 | €50,000 | €50,000 | €50,000 | €50,000 | €50,000 | = |
| Tax-exempt reserves132 | €1.6m | €1.6m | €1.6m | €1.6m | €1.6m | = |
| Profit (loss) carried forward14 | -€954,320 | -€954,633 | -€931,034 | -€915,347 | -€917,337 | ▼ 0.2% |
| Provisions and deferred taxes16 | €798,693 | €798,693 | €798,693 | €798,693 | €798,693 | = |
| Deferred taxes168 | €798,693 | €798,693 | €798,693 | €798,693 | €798,693 | = |
| Amounts payable17/49 | €4.6m | €4.6m | €4.6m | €4.6m | €4.6m | = |
| Amounts payable within one year42/48 | - | - | €500 | €750 | - | - |
| Trade debts44 | - | - | €500 | €750 | - | - |
| Suppliers440/4 | - | - | €500 | €750 | - | - |
| Accrued charges and deferred income492/3 | €4.6m | €4.6m | €4.6m | €4.6m | €4.6m | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,324 | -€312 | €23,599 | €15,687 | -€1,990 | ▼ 113% |
| Operating cash flow (approximation) | €2,324 | -€312 | €23,599 | €15,687 | -€1,990 | ▼ 113% |
| Investment in fixed assets (approximation) | - | €10,000 | €0 | €0 | €0 | - |
| Change in cash | - | -€312 | -€6 | €24 | €209 | ▲ 786% |
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
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22662B0364/00G000 | Flanders | 3,571 m² | 1 · 1,950 m² | 9.7 m · 2 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.