Equity
€718,712 ▲ 26.1%
ELWEE TECHNICS has made a profit in every financial year since 2020.
ELWEE TECHNICS
Lifetime
6 annual accounts with figures on one time axispeak €237,737 (2025)
€237,737▲ 3.6%
peak €148,741 (2025)
€148,741▲ 3.8%
peak €718,712 (2025)
€718,712▲ 26.1%
€153,716▼ 11.3%
Board1 name since 2020
1 director
Documentsfilings and deeds
30-06-202631 days before the deadline
2025micro format
Equity from €569,971 to €718,712Cash from €284,491 to €419,094
Key points
from the 2025 annual accountsFilings
6 annual accounts since 2020
The last five annual accounts were filed 2 to 31 days before the end of the period.
Position in the sector
€148,741
Higher net result than 95% of companies in specialised construction. Sector median €9,999 · 37,159 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,780 companies had the same profile as ELWEE TECHNICS has now. Each dot stands for 17 companies, two years later.
96.7%
were still trading
2.7%
stopped another way
0.6%
went bankrupt
Test of the method
The method was tested on the 497,331 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 6,780 companies, not a prediction for ELWEE TECHNICS. 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
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0743777885
Incorporation
Founding capital of €5,000, 100 shares · Founders: ; · Appointment: (director) · published on 20-02-2020 · Gazette deed
First establishment
Hof ten Bergestraat 28, Ravels
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ELWEE TECHNICS Ravels | €872,428 | €237,737 | 82.4% | - |
| Jan Aerts Baarle-Hertog | €757,189 | €237,455 | 79.8% | - |
| DUBATEC Menen | €858,884 | €246,342 | 33.5% | - |
| V.S. FLAVIANI Tongeren-Borgloon | €794,882 | €237,302 | 12.5% | - |
| BUSINESS HEATING Sint-Gillis (bij-Brussel) | €841,857 | €253,063 | 46.3% | 6.1 |
| AB SANITECH Antwerp | €887,343 | €314,287 | 87.1% | 1.3 |
| VAN LOOY PROJECTEN Beerse | €799,101 | €181,061 | 23.8% | - |
These companies have the same main activity as ELWEE TECHNICS: plumbing work (NACE 43221). They are comparable in size and age: total assets between €757,000 and €887,000, founded between 2019 and 2020.
Official details
Source: KBO- Status
- Active since 18-02-2020Normal situation
- Activity
- Plumbing workNACE 43221
- Establishment unit
- 2.299.305.1232381 Ravels, since 18-02-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 21-08-2025
Annual accounts 2025
- ≈ €740,000estimated
- €872,428▲ 17.4%
- Filing
- Filed on 30-06-2026, 31 days before the end of the filing period
Insights on ELWEE TECHNICS
ELWEE TECHNICS files the micro format. That format states no turnover. The gross margin rose from €115,660 in 2020 to €237,737 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 ELWEE TECHNICS
- What is the company number of ELWEE TECHNICS?
- The company number of ELWEE TECHNICS is 0743.777.885. The VAT number is the same number with BE in front: BE 0743.777.885.
- Where is ELWEE TECHNICS based?
- The registered office is at Hof ten Bergestraat 28, 2381 Ravels.Company details
- What does ELWEE TECHNICS do?
- According to the KBO register, the main activity is plumbing work (NACE 43221).
- What is the legal form of ELWEE TECHNICS?
- ELWEE TECHNICS is a private limited company (BV).
- When was ELWEE TECHNICS founded?
- ELWEE TECHNICS was founded on 18-02-2020.
- Is ELWEE TECHNICS still active?
- Yes, ELWEE TECHNICS is an active enterprise in the KBO register.
- What is the turnover of ELWEE TECHNICS?
- The turnover in financial year 2025 is ≈ €740,000. This figure is estimated from the gross margin of €237,737 and 86 comparable companies (NACE 432). It probably lies between €590,000 and €900,000.Financials
- Is ELWEE TECHNICS profitable?
- In financial year 2025, ELWEE TECHNICS made a profit of €148,741.
- Where can I find the annual accounts of ELWEE TECHNICS?
- ELWEE TECHNICS filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ELWEE TECHNICS due?
- ELWEE TECHNICS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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