ELVETICO
ActiveELVETICO has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €75k and a net result of €43k. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 38% of 27386 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
89
/ 100
Excellent▲ +82 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency62▲+42
Growth78▲+46
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.22 against 0.9 in 2024), and 63.7% 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 risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
36.3%
Return on assets
21%
Age of the figures
8 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €75k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 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 filingsDeviation from the deadline
2025
11 d late
2024
60 d late
2023
61 d late
2022
31 d late
2021
31 d late
2020
61 d late
2019
265 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 monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€75k▲ 137%
2024 · €31k
2018: €50k
2019: €52k
2020: €60k
2021: €22k
2022: €41k
2023: €48k
2024: €31k
2018 → 2025
Total assets
€206k▲ 11.0%
2024 · €185k
2018: €283k
2019: €278k
2020: €329k
2021: €197k
2022: €172k
2023: €176k
2024: €185k
2018 → 2025
Net result
€43k
2024 · €-17k
2018: €1k
2019: €1k
2020: €8k
2021: €-38k
2022: €19k
2023: €7k
2024: €-17k
2018 → 2025
Working capital
€29k
2024 · €-15k
2018: €14k
2019: €14k
2020: €15k
2021: €-27k
2022: €-11k
2023: €-2k
2024: €-15k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€22k-€41k▲ 87.2%€48k▲ 17.1%€31k▼ 34.5%€75k▲ 137%
Operating result€-41k-€19k€7k▼ 63.2%€-17k€43k
Net result€-38k-€19k€7k▼ 63.3%€-17k€43k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €43k after a loss of €17k in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €206k
Fixed assets
€45k▼ 2.8%
Current assets
€160k▲ 15.6%
Equity and liabilities €206k
Equity
€75k▲ 137%
Debt
€131k▼ 14.8%
The debt ratio falls from 83.0% to 63.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€46k▲
2024 · €-13k
Cash flow
€46k▲
2024 · €-13k
Solvency
36.3%▲
2024 · 17.0%
Current ratio
1.22▲
2024 · 0.90
Quick ratio
1.02▲
2024 · 0.79
Debt / equity
1.76▼
2024 · 4.89
ROE
57.8%▲
2024 · -52.8%
ROA
21.0%▲
2024 · -9.0%
Interest coverage
439.83▲
2024 · -83.45
Debt
€131k▼
2024 · €154k
Debt ≤ 1 year
€131k▼
2024 · €154k
Staff costs
€23k▼
2024 · €25k
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€185k€206k▲
Fixed assets21/28€47k€45k▼
Tangible fixed assets22/27€46k€45k▼
Land and buildings22€9k€7k▼
Plant, machinery and equipment23€35k€37k▲
Furniture and vehicles24€1k€826▼
Financial fixed assets28€358€358=
Current assets29/58€139k€160k▲
Stocks and contracts in progress3€17k€26k▲
Stocks30/36€10k€8k▼
Contracts in progress37€7k€19k▲
Amounts receivable within one year40/41€100k€87k▼
Trade receivables40€93k€78k▼
Other amounts receivable41€7k€10k▲
Cash at bank and in hand54/58€20k€45k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€185k€206k▲
Equity10/15€31k€75k▲
Contributions10/11€19k€19k=
Reserves13€41k€56k▲
Tax-exempt reserves132€25k€25k=
Distributable reserves133€16k€31k▲
Profit (loss) carried forward14€-28k-
Amounts payable17/49€154k€131k▼
Amounts payable within one year42/48€154k€131k▼
Trade debts44€46k€31k▼
Suppliers440/4€46k€31k▼
Taxes, remuneration and social security45€5k€6k▲
Remuneration and social security454/9€5k€6k▲
Other amounts payable47/48€103k€94k▼
Accrued charges and deferred income492/3€15-
Income statement
Code20242025
Remuneration, social security and pensions62€25k€23k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€15k€71k▲
Operating profit (loss)9901€-17k€43k▲
Financial income75/76B€300€83▼
Recurring financial income75€300€83▼
Financial charges65/66B€152€105▼
Recurring financial charges65€152€105▼
Profit (loss) for the period before taxes9903€-17k€43k▲
Profit (loss) for the period9904€-17k€43k▲
Profit (loss) for the period to be appropriated9905€-17k€43k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-28k€15k▲
Profit (loss) brought forward from the previous period14P€-12k€-28k▼
Transfer to equity691/2-€15k
To other reserves6921-€15k
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 11 days late
2025
31-12
Financial
Back to profitnet €43k
Net result €43k after one loss-making year.
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Back to profitnet €19k
Net result €19k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €-38k ▼575%
Net result drops to €-38k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
22-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 265 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Sint-Katelijne-Waver · 1 establishment unit since 2002
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.
Donk 52860 Sint-Katelijne-WaverGround area
2,314 m²
Building footprint
263 m²
Volume, LiDAR
1,395 m³
Parcel 12422D0519/00E000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Donk 5, 2860 Sint-Katelijne-Waver
since 20022.095.601.361
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12422D0519/00E000 | Flanders | 2,314 m² | 1 · 263 m² | 8.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
DA CONSTRUCTIONS
BE 0685.783.169
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KNOCKAERT GERRIE
BE 0439.512.839
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ELUTEC
BE 0462.574.885
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HELLO SECURITY
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Assesse · Eq €75k
TELECTRICITY
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Antwerpen · Eq €75k
Of 22,728 companies in sector 43211 we hold annual accounts for 10,271. 8,741 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-11-2001
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.