ELVETICO +
ActiveELVETICO + has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €46k and a net result of €14k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 11% of 27386 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency3=
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity short (current ratio 0.29 against 0.31 in 2024), and 96% 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
4%
Return on assets
1.3%
Age of the figures
11 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 27386 sector peers (2025).
NBB · sector comparisonPosition among 27386 sector peers
Solvency
better than 11%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 18-05-2026, 18 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
18 d late
2024
on the day
2023
3 d late
2022
16 d late
2021
17 d early
2020
9 d early
2019
27 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€46k▲ 45.0%
2024 · €32k
2018: €26k
2019: €8k
2020: €27k
2021: €31k
2022: €54k
2023: €77k
2024: €32k
2018 → 2025
Total assets
€1.13M▲ 52.5%
2024 · €744k
2018: €128k
2019: €373k
2020: €373k
2021: €331k
2022: €324k
2023: €336k
2024: €744k
2018 → 2025
Net result
€14k
2024 · €-46k
2018: €6k
2019: €-19k
2020: €19k
2021: €4k
2022: €23k
2023: €24k
2024: €-46k
2018 → 2025
Working capital
€-317k▼ 65.7%
2024 · €-191k
2018: €10k
2019: €-29k
2020: €3k
2021: €16k
2022: €26k
2023: €64k
2024: €-191k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€31k-€54k▲ 73.6%€77k▲ 44.0%€32k▼ 59.1%€46k▲ 45.0%
Operating result€13k-€38k▲ 198%€40k▲ 4.8%€-31k€40k
Net result€4k-€23k▲ 440%€24k▲ 3.8%€-46k€14k
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: €40k after a loss of €31k in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.13M
Fixed assets
€1.00M▲ 52.1%
Current assets
€132k▲ 54.9%
Equity and liabilities €1.13M
Equity
€46k▲ 45.0%
Debt
€1.09M▲ 52.8%
The debt ratio rises from 95.7% to 96.0%: debt grows faster than equity.
Key figures and ratios
EBITDA
€82k▲
2024 · €63k
Cash flow
€56k▲
2024 · €48k
Solvency
4.0%▼
2024 · 4.3%
Current ratio
0.29▼
2024 · 0.31
Quick ratio
0.29▼
2024 · 0.31
Debt / equity
23.72▲
2024 · 22.52
ROE
31.0%▲
2024 · -144.5%
ROA
1.3%▲
2024 · -6.1%
Interest coverage
3.19▼
2024 · 4.37
Debt
€1.09M▲
2024 · €712k
Debt ≤ 1 year
€449k▲
2024 · €277k
Debt > 1 year
€637k▲
2024 · €436k
Income taxes
€186▲
2024 · €167
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€744k€1.13M▲
Fixed assets21/28€658k€1.00M▲
Tangible fixed assets22/27€658k€1.00M▲
Land and buildings22€464k€447k▼
Plant, machinery and equipment23€774€1k▲
Furniture and vehicles24€19k€16k▼
Other tangible fixed assets26€174k€155k▼
Assets under construction and advance payments27-€383k
Financial fixed assets28€150€150=
Current assets29/58€85k€132k▲
Amounts receivable within one year40/41€74k€114k▲
Trade receivables40€17k€9k▼
Other amounts receivable41€57k€105k▲
Cash at bank and in hand54/58€10k€15k▲
Deferred charges and accrued income490/1€1k€4k▲
Equity and liabilities
Total equity and liabilities10/49€744k€1.13M▲
Equity10/15€32k€46k▲
Contributions10/11€6k€6k=
Reserves13€71k€71k=
Tax-exempt reserves132€304€304=
Distributable reserves133€71k€71k=
Profit (loss) carried forward14€-46k€-31k▲
Amounts payable17/49€712k€1.09M▲
Amounts payable after more than one year17€436k€637k▲
Financial debts170/4€435k€637k▲
Other amounts payable178/9€1k-
Amounts payable within one year42/48€277k€449k▲
Current portion of amounts payable after more than one year42€32k€179k▲
Trade debts44€3k€21k▲
Suppliers440/4€3k€21k▲
Taxes, remuneration and social security45€8k€3k▼
Taxes450/3€5k€186▼
Remuneration and social security454/9€3k€3k▲
Other amounts payable47/48€234k€246k▲
Accrued charges and deferred income492/3€24€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€94k€42k▼
Other operating charges640/8€1k€10k▲
Gross operating margin9900€64k€92k▲
Operating profit (loss)9901€-31k€40k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€14k€26k▲
Recurring financial charges65€14k€26k▲
Profit (loss) for the period before taxes9903€-46k€14k▲
Income taxes67/77€167€186▲
Profit (loss) for the period9904€-46k€14k▲
Profit (loss) for the period to be appropriated9905€-46k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-46k€-31k▲
Profit (loss) brought forward from the previous period14P-€-46k
The notes to these accounts (9 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
18-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 18 days late
2025
30-09
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet €-46k ▼293%
Net result drops to €-46k, the lowest in the series; recovery starts the following year.
03-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 3 days late
2023
30-09
Financial
Highest result since 2018net €24k ▲3.8%
Net result €24k, the highest in the series.
16-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 16 days late
2022
13-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
21-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €19k
Net result €19k after one loss-making year.
27-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
13-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Lint · 1 establishment unit since 2006
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.
Bethaniëlaan 352547 LintGround area
645 m²
Building footprint
130 m²
Volume, LiDAR
687 m³
Parcel 11025E0340/00K006, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Elvetico+
since 20062.151.496.820
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11025E0340/00K006 | Flanders | 645 m² | 1 · 130 m² | 8.0 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.
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Of 22,728 companies in sector 43211 we hold annual accounts for 10,271. 8,449 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-12-2005
Fiscal year end30-09
Activities, NACEBEL
43211General electrical installation work
45310
62020IT consultancy
62200Computer consultancy and computer facilities management
77229Renting and leasing of other personal and household goods
77299Rental and leasing activities
85599Other education
90032Arts creation and performing arts activities
90120Visual arts creation
Sources
Crossroads Bank for EnterprisesNational Bank · 20 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.
Contact details
1 entryPhone:0474/256956