Skip to content

ELVP

Active Private limited companyfounded 2004active for 21 yearsVan den Nestlei 11, 2018 AntwerpKBO/BCE: BE 0871.089.395

Lifetime

18 annual accounts with figures on one time axis, 21 filings since 2005
peak €34,290 (2021)
€18,403▲ 114%
lowest -€12,729 (2022)
€15,215▲ 314%
peak €45,880 (2011)
€42,842▲ 55.1%
€5,850▼ 13.0%
Board4 names since 2004
Documentsfilings and deeds
30-08-202630 days late
2025micro format
Gross margin from €8,580 to €18,403Result from €3,673 to €15,215Equity from €27,627 to €42,842

Key points

from the 2025 annual accounts

Filings

21 annual accounts since 2005
AprilJune31 JulyOctober20052010201520202025

Seven of the last ten came late. The 2024 accounts came latest: 61 days after the end of the period.

Board

3 joined · 1 left

Board changed. Latest change 02-09-2026 · 3 in office.

Position in the sector

88.0%

Higher solvency than 91% of companies in specialised construction. Sector median 46.7% · 35,136 companies.

Checked score

97
Excellent
Financially stronger than 91% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.4%▲ +0.1 percentage points vs 09-2025highest value 11-2025: 0.2%▼ -0.2 percentage points vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.1%▼ -0.1 percentage points vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

100=equity 88.0% of total assets
99+5short-term debt 12.0% · cash 46.9%
100+36return on assets 31.2%

Score breakdown

raises risk
Size: total assets €48,693
Last filed accounts filed 30 days late; 1 of the last 3 accounts late
lowers risk
Liquidity: current ratio 8.32, cash €22,851
Equity €42,842 (88.0% of total assets)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 90% of them on solvency, 95% on liquidity, 92% on profitability and 84% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 31,368 companies had the same profile as ELVP has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of ELVP itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 31,368 companies, not a prediction for ELVP. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €4,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 8.32 (5.11 in 2024), above the usual 1.5. Short-term debt is 12% and cash 46.9% of total assets. 12% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 8.32, cash €22,851
NBB · annual accounts
lowers risk · Equity €42,842 (88.0% of total assets)
NBB · annual accounts
raises risk · Size: total assets €48,693
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Last filed accounts filed 30 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €42,842
raises risk · 2025 accounts filed 30 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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 · 10 filings
Deviation from the deadline
2025
30 days late
2024
61 days late
2023
22 days late
2022
32 days late
2021
11 days early
2020
12 days late
2019
25 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 17 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 August (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

BD
Daily manager
GD
Daily manager
LH
Daily manager
Board & ownership

Recent changes

Registered office moved from Merelbeke to Antwerp New registered office: Van den Nestlei 11, 2018 Antwerpen · Previous registered office: Zaalbroek 13, 9820 Merelbeke · Resignation: Ronny VAN POUCKE (director) · General meeting of 02-09-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0871089395
Change of role: VAN POUCKE Ronny Alex Georges, from manager to director Gazette deed
First establishment Zaalbroek 13, Merelbeke-Melle
All 33 events

Comparable companies

same main activity, similar in size and age
Company
ELVP Antwerp €48,693 €18,403 88.0% -
CELIS WERNER Sint-Katelijne-Waver €44,917 €16,720 38.1% -
ID-nova Schoten €57,084 €20,740 -0.1% -
E.R.M. Nijlen €56,307 €17,587 29.0% -
MEERT Dendermonde €47,567 €16,390 58.3% -
ELEKTRICITEITSWERKEN PILOTTO Bilzen-Hoeselt €47,216 €20,477 0.2% -
6 ELECTRO Zwevegem €53,596 €15,913 43.7% -

These companies have the same main activity as ELVP: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €44,900 and €57,100, founded between 2005 and 2007.

Official details

Source: KBO
Status
Active since 23-12-2004Normal situation
Activity
General electrical installation workNACE 43211
Establishment unit
2.145.911.8959820 Merelbeke-Melle, since 01-01-2005
Financial year end
31 December
Peppol
Reachable since 30-01-2025
Company details

Annual accounts 2025

≈ €150,000estimated
€48,693▲ 41.7%
Filing
Filed on 30-08-2026
Financials

Insights on ELVP

ELVP files the micro format. That format states no turnover. The gross margin fell from €29,709 in 2008 to €18,403 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about ELVP

What is the company number of ELVP?
The company number of ELVP is 0871.089.395. The VAT number is the same number with BE in front: BE 0871.089.395.
Where is ELVP based?
The registered office is at Van den Nestlei 11, 2018 Antwerp.Company details
What does ELVP do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of ELVP?
ELVP is a private limited company (BV).
When was ELVP founded?
ELVP was founded on 23-12-2004.
Is ELVP still active?
Yes, ELVP is an active enterprise in the KBO register.
What is the turnover of ELVP?
The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €18,403 and 97 comparable companies (NACE 43211). It probably lies between €100,000 and €320,000. It is a rough estimate.Financials
Is ELVP profitable?
In financial year 2025, ELVP made a profit of €15,215.
Where can I find the annual accounts of ELVP?
ELVP filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ELVP due?
ELVP must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.