ELYOS
ActiveSummary
The computed 12-month bankruptcy probability of ELYOS is 2.2% (moderate). The annual accounts of ELYOS for fiscal year 2025 show a net loss of 67% of the equity at the start of that year. The 2025 annual accounts show equity of €86,949 and a net result of -€175,471. Equity is growing by ~30% per year across the filed fiscal years. Its solvency ranks better than 17% of 7900 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-44
Solvency41▼-20
Growth52=
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.69 against 1.89 in 2024; short-term debt: 49% and cash: 10.5% of total assets), and 84.5% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
+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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
15.5%
Return on assets
-31.4%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 7900 sector peers (2025).
NBB · sector comparisonPosition among 7900 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
2 d early
2024
23 d early
2023
29 d late
2022
30 d late
2021
31 d late
2020
31 d late
2019
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 14 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€86,949▼ 66.9%
2024 · €262,421
Total assets
€559,664▼ 22.4%
2024 · €720,858
Net result
-€175,471
2024 · €46,138
Working capital
-€85,016
2024 · €213,672
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€71,759▲ 522%€105,717▲ 47.3%€198,436▲ 87.7%€144,566▼ 27.1%-€23,147
Net result€24,035within the sector's middle half▲ 216%€38,172above the sector's middle half▲ 58.8%€90,033above the sector's middle half▲ 136%€46,138above the sector's middle half▼ 48.8%-€175,471below the sector's middle half
Equity€88,078within the sector's middle half▲ 37.5%€126,250within the sector's middle half▲ 43.3%€216,282above the sector's middle half▲ 71.3%€262,421above the sector's middle half▲ 21.3%€86,949within the sector's middle half▼ 66.9%
Total assets€243,455within the sector's middle half▲ 29.9%€312,395above the sector's middle half▲ 28.3%€628,419above the sector's middle half▲ 101%€720,858above the sector's middle half▲ 14.7%€559,664within the sector's middle half▼ 22.4%
Debt€155,377▲ 26.0%€186,145▲ 19.8%€412,136▲ 121%€458,437▲ 11.2%€472,714▲ 3.1%
Working capital€80,424▼ 5.7%€130,822▲ 62.7%€165,004▲ 26.1%€213,672▲ 29.5%-€85,016
Solvency36.2%within the sector's middle half▲ 2.0pp40.4%within the sector's middle half▲ 4.2pp34.4%within the sector's middle half▼ 6.0pp36.4%within the sector's middle half▲ 2.0pp15.5%below the sector's middle half▼ 20.9pp
Staff (FTE)1.1▲ 57.1%1.3▲ 18.2%2.2▲ 69.2%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €23,147 after €144,566 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €559,664
Fixed assets
€370,610 ▲ 38.2%
Current assets
€189,054 ▼ 58.2%
Equity and liabilities €559,664
Equity
€86,949 ▼ 66.9%
Debt
€472,714 ▲ 3.1%
Debt's share of the balance-sheet total rises from 63.6% to 84.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€7,264▼
2024 · €162,137
Cash flow
-€145,061▼
2024 · €63,709
Current ratio
0.69▼
2024 · 1.89
Debt to equity
5.44▲
2024 · 1.75
ROE
-201.8%▼
2024 · 17.6%
ROA
-31.4%▼
2024 · 6.4%
Interest coverage
0.05▼
2024 · 2.03
Debt ≤ 1 year
€274,070▲
2024 · €239,094
Debt > 1 year
€198,645▼
2024 · €219,343
Income taxes
€2,628▼
2024 · €18,577
Staff costs
€61,762▼
2024 · €64,845
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 121 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 86% are still going.
- Small
- 5 to 10 years old
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
5.8%
went bankrupt
5.8%
stopped otherwise
86%
still going
A further 2.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 121 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €12,045 | - | - | - | - |
| Remuneration, social security and pensions62 | €60,034 | €76,590 | €143,311 | €64,845 | €61,762 | ▼ 4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,923 | €8,005 | €13,951 | €17,570 | €30,410 | ▲ 73.1% |
| Other operating charges640/8 | €1,991 | €1,999 | €12,298 | €2,384 | €11,089 | ▲ 365% |
| Gross operating margin9900 | €139,708 | €192,312 | €367,996 | €229,366 | €80,115 | ▼ 65.1% |
| Operating profit (loss)9901 | €71,759 | €105,717 | €198,436 | €144,566 | -€23,147 | ▼ 116% |
| Financial income75/76B | €19 | €56 | €41 | €21 | €13 | ▼ 39.8% |
| Recurring financial income75 | €19 | €56 | €41 | €21 | €13 | ▼ 39.8% |
| Financial charges65/66B | €37,754 | €52,304 | €66,966 | €79,872 | €149,708 | ▲ 87.4% |
| Recurring financial charges65 | €37,754 | €52,304 | €66,966 | €79,872 | €149,708 | ▲ 87.4% |
| Profit (loss) for the period before taxes9903 | €34,024 | €53,470 | €131,512 | €64,715 | -€172,843 | ▼ 367% |
| Income taxes67/77 | €9,988 | €15,298 | €41,479 | €18,577 | €2,628 | ▼ 85.9% |
| Profit (loss) for the period9904 | €24,035 | €38,172 | €90,033 | €46,138 | -€175,471 | ▼ 480% |
| Profit (loss) for the period to be appropriated9905 | €24,035 | €38,172 | €90,033 | €46,138 | -€175,471 | ▼ 480% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €243,455 | €312,395 | €628,419 | €720,858 | €559,664 | ▼ 22.4% |
| Fixed assets21/28 | €25,995 | €31,574 | €108,009 | €268,091 | €370,610 | ▲ 38.2% |
| Tangible fixed assets22/27 | €25,995 | €31,574 | €108,009 | €268,091 | €370,610 | ▲ 38.2% |
| Land and buildings22 | - | - | €63,843 | €60,977 | €356,053 | ▲ 484% |
| Plant, machinery and equipment23 | €13,743 | €13,219 | €9,307 | €5,396 | €1,606 | ▼ 70.2% |
| Furniture and vehicles24 | €12,252 | €18,355 | €17,758 | €22,095 | €12,951 | ▼ 41.4% |
| Assets under construction and advance payments27 | - | - | €17,100 | €179,624 | - | - |
| Current assets29/58 | €217,459 | €280,821 | €520,410 | €452,767 | €189,054 | ▼ 58.2% |
| Amounts receivable within one year40/41 | €137,087 | €221,444 | €397,373 | €279,420 | €116,660 | ▼ 58.2% |
| Trade receivables40 | €124,336 | €215,267 | €362,115 | €234,608 | €106,299 | ▼ 54.7% |
| Other amounts receivable41 | €12,751 | €6,177 | €35,257 | €44,812 | €10,362 | ▼ 76.9% |
| Cash at bank and in hand54/58 | €75,391 | €48,889 | €108,304 | €170,421 | €58,489 | ▼ 65.7% |
| Deferred charges and accrued income490/1 | €4,981 | €10,488 | €14,734 | €2,926 | €13,905 | ▲ 375% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €243,455 | €312,395 | €628,419 | €720,858 | €559,664 | ▼ 22.4% |
| Equity10/15 | €88,078 | €126,250 | €216,282 | €262,421 | €86,949 | ▼ 66.9% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €29,860 | €49,860 | €99,860 | €119,860 | €119,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | €28,000 | €48,000 | €98,000 | €118,000 | €118,000 | = |
| Profit (loss) carried forward14 | €45,818 | €63,990 | €104,022 | €130,161 | -€45,311 | ▼ 135% |
| Amounts payable17/49 | €155,377 | €186,145 | €412,136 | €458,437 | €472,714 | ▲ 3.1% |
| Amounts payable after more than one year17 | €18,341 | €35,496 | €56,080 | €219,343 | €198,645 | ▼ 9.4% |
| Financial debts170/4 | €18,341 | €35,496 | €56,080 | €219,343 | €198,645 | ▼ 9.4% |
| Amounts payable within one year42/48 | €137,036 | €149,999 | €355,406 | €239,094 | €274,070 | ▲ 14.6% |
| Current portion of amounts payable after more than one year42 | €10,262 | €21,516 | €31,716 | €27,279 | €22,122 | ▼ 18.9% |
| Trade debts44 | €82,143 | €67,408 | €206,032 | €107,864 | €105,965 | ▼ 1.8% |
| Suppliers440/4 | €82,143 | €67,408 | €206,032 | €107,864 | €105,965 | ▼ 1.8% |
| Taxes, remuneration and social security45 | €24,160 | €24,636 | €63,972 | €6,698 | €10,156 | ▲ 51.6% |
| Taxes450/3 | €10,242 | €15,367 | €40,759 | €2,069 | €2,698 | ▲ 30.4% |
| Remuneration and social security454/9 | €13,918 | €9,268 | €23,213 | €4,629 | €7,458 | ▲ 61.1% |
| Other amounts payable47/48 | €20,471 | €36,439 | €53,686 | €97,254 | €135,827 | ▲ 39.7% |
| Accrued charges and deferred income492/3 | - | €650 | €650 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €24,035 | €38,172 | €90,033 | €46,138 | -€175,471 | ▼ 480% |
| + Depreciation and write-downs630 | €5,923 | €8,005 | €13,951 | €17,570 | €30,410 | ▲ 73.1% |
| Operating cash flow (approximation) | €29,958 | €46,177 | €103,983 | €63,709 | -€145,061 | ▼ 328% |
| Investment in fixed assets (approximation) | - | -€13,584 | -€90,385 | -€177,653 | -€132,930 | ▲ 25.2% |
| Change in cash | - | -€26,502 | €59,415 | €62,117 | -€111,932 | ▼ 280% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet -€175,471
Net result drops to -€175,471, the lowest in the series.
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Highest result since 2018net €90,033 ▲136%
Operating result €198,436, net result €90,033, both a record.
31-12
Financial
Equity above €200,000Eq €216,282 ▲71.3%
6 profitable years in a row build equity to €216,282.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Equity above €100,000Eq €126,250 ▲43.3%
5 profitable years in a row build equity to €126,250.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Anderlecht · 1 establishment unit since 2017
Ground area
2,276 m²
Building footprint
1,024 m²
Volume, LiDAR
13,845 m³
Parcel 21307F0170/00A003, Brussels · tallest building 22.9 m, ±5 floors. Linked by address, not a title deed.
79
companies at this address
See who is registered here
1 establishment unit
ELYOS
since 20172.269.231.658
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21307F0170/00A003 | Brussels | 2,276 m² | 1 · 1,024 m² | 22.9 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
254900VR3MLE4D9Y9B03
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Of 22,831 companies in sector 43211 we hold annual accounts for 10,329. 8,809 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded12-10-2017
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43212Electrical installation work in industrial facilities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0682866934
Registered
25-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.