ELY
ActiveSummary
ELY has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €227k and a net result of €51k. Equity is growing by ~19.1% per year across the filed fiscal years. Its solvency ranks better than 33% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▲+36
Solvency57▲+9
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity short (current ratio 0.51 against 0.27 in 2024; short-term debt: 13.4% and cash: 1.8% of total assets), and 68% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 · 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
32%
Return on assets
7.2%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 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
7 d late
2024
20 d late
2023
24 d late
2022
2 d late
2021
22 d late
2020
27 d late
2019
28 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€224k
EBIT margin
0.4%
Net result
€51k
2024 · €-605
2018: €14k
2019: €27k
2020: €28k
2021: €-3k
2022: €27k
2023: €45k
2024: €-605
2018 → 2025
Working capital
€-47k▲ 78.5%
2024 · €-219k
2018: €2k
2019: €30k
2020: €-43k
2021: €-36k
2022: €-57k
2023: €-33k
2024: €-219k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€224k-
Equity€108k-€132k▲ 21.3%€176k▲ 33.8%€176k▼ 0.3%€227k▲ 29.1%
Operating result€1,000-€43k▲ 4,243%€84k▲ 92.8%€22k▼ 74.1%€101k▲ 369%
Net result€-3k-€27k€45k▲ 67.7%€-605€51k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 369% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €708k
Fixed assets
€660k ▼ 3.2%
Current assets
€48k ▼ 41.1%
Equity and liabilities €708k
Equity
€227k ▲ 29.1%
Debt
€481k ▼ 18.1%
Debt's share of the balance-sheet total falls from 77.0% to 68.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€142k▲
2024 · €58k
Cash flow
€91k▲
2024 · €36k
Current ratio
0.51▲
2024 · 0.27
Debt to equity
2.12▼
2024 · 3.35
ROE
22.5%▲
2024 · -0.3%
ROA
7.2%▲
2024 · -0.1%
Interest coverage
6.29▲
2024 · 2.79
Debt ≤ 1 year
€95k▼
2024 · €300k
Debt > 1 year
€386k▲
2024 · €287k
Income taxes
€28k▲
2024 · €2k
Staff costs
€250▲
2024 · €198
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€763k€708k▼
Fixed assets21/28€682k€660k▼
Tangible fixed assets22/27€682k€660k▼
Land and buildings22€665k€633k▼
Plant, machinery and equipment23€3k€18k▲
Furniture and vehicles24€14k€9k▼
Current assets29/58€82k€48k▼
Amounts receivable within one year40/41€73k€34k▼
Trade receivables40€42k€7k▼
Other amounts receivable41€31k€27k▼
Cash at bank and in hand54/58€7k€13k▲
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€763k€708k▼
Equity10/15€176k€227k▲
Contributions10/11€19k€19k=
Reserves13€158k€209k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€156k€207k▲
Profit (loss) carried forward14€-605€-605=
Amounts payable17/49€588k€481k▼
Amounts payable after more than one year17€287k€386k▲
Financial debts170/4€287k€386k▲
Amounts payable within one year42/48€300k€95k▼
Current portion of amounts payable after more than one year42€189k€45k▼
Financial debts43€26k€2▼
Credit institutions430/8€26k€2▼
Trade debts44€56k€34k▼
Suppliers440/4€56k€34k▼
Taxes, remuneration and social security45€18k€10k▼
Taxes450/3€17k€10k▼
Remuneration and social security454/9€500-
Other amounts payable47/48€11k€6k▼
Income statement
Code20242025
Non-recurring operating income76A-€6k
Remuneration, social security and pensions62€198€250▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€40k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€31k-
Other operating charges640/8€4k€3k▼
Non-recurring operating charges66A-€16
Gross operating margin9900€93k€145k▲
Operating profit (loss)9901€22k€101k▲
Financial income75/76B€77€45▼
Recurring financial income75€77€45▼
Financial charges65/66B€21k€23k▲
Recurring financial charges65€21k€23k▲
Profit (loss) for the period before taxes9903€895€79k▲
Income taxes67/77€2k€28k▲
Profit (loss) for the period9904€-605€51k▲
Profit (loss) for the period to be appropriated9905€-605€51k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-605€50k▲
Profit (loss) brought forward from the previous period14P-€-605
Transfer to equity691/2-€51k
To other reserves6921-€51k
The notes to these accounts (8 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
07-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 7 days late
2025
31-12
Financial
Back to profitnet €51k
Net result €51k after one loss-making year.
31-12
Financial
Equity above €200kEq €227k ▲29.1%
Equity rises from €176k to €227k.
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2024
24-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 24 days late
2023
31-12
Financial
Equity above €150kEq €176k ▲33.8%
2 profitable years in a row build equity to €176k.
02-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
31-12
Financial
Back to profitnet €27k
Net result €27k after one loss-making year.
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
31-12
Financial
Weakest financial yearnet €-3k ▼109%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Equity above €100kEq €111k ▲33.2%
3 profitable years in a row build equity to €111k.
Show earlier events
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Londerzeel · 1 establishment unit since 2010
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.
Achterheide 951840 LonderzeelGround area
1,188 m²
Building footprint
134 m²
Volume, LiDAR
798 m³
Parcel 23045B0294/00G000, Flanders · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Ely
since 20102.195.613.707
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23045B0294/00G000 | Flanders | 1,188 m² | 1 · 134 m² | 7.1 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 2,625 EUR awarded · 2,625 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,625 EUR | 2,625 EUR |
Schemes
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
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Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 8,077 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-08-2010
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.