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ELYOUT CONCEPT

Active
Private limited companyfounded 20233 yrs activeVan Wambekestraat 18, 1070 Anderlecht, BelgiumKBO/BCE: BE 0801.055.989
Summary

The computed 12-month bankruptcy probability of ELYOUT CONCEPT is 6.0% (elevated). The 2025 annual accounts show negative equity (-€781) and a net result of €1,043. Equity is shrinking by ~50% per year across the filed fiscal years. Its solvency ranks better than 6% of 7967 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability74▲+74
Solvency18▲+11
Growth72▲+37
Track record94
Bankruptcy probability, 12 months
6.0% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.59 against 0.3 in 2024; short-term debt: 106.9% and cash: 26.7% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
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 · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 2025
Solvency, return and age of the figures
Solvency
-6.9%
Return on assets
9.2%
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 6% of 7967 sector peers (2025).
NBB · sector comparison
Position among 7967 sector peers
Solvency
better than 6%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 3 filings
Deviation from the deadline
2025
28 d late
2024
153 d late
2023
30 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 70 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. Usually files around 31 August (3 of the last 3 filed years within 122 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

ELYOUT CONCEPT was incorporated on 21 April 2023 as a Private limited company.1 The company has filed 3 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, abbreviated schema

Turnover
€32,626▲ 148%
2024 · €13,174
EBIT margin
3.5%▲ 16.9pp
2024 · -13.4%
Net result
€1,043
2024 · -€1,824
Working capital
-€4,983▲ 40.4%
2024 · -€8,359
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: 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. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Turnover€13,174€32,626▲ 148%
Operating result-€1,765€1,142
Net result-€1,824below the sector's middle half€1,043below the sector's middle half
EBIT margin-13.4%3.5%▲ 16.9pp
Equity€0below the sector's middle half--€1,824below the sector's middle half-€781below the sector's middle half▲ 57.2%
Total assets€10,073below the sector's middle half€11,289below the sector's middle half▲ 12.1%
Debt€11,897€12,070▲ 1.5%
Working capital-€8,359below the sector's middle half-€4,983below the sector's middle half▲ 40.4%
Solvency-18.1%below the sector's middle half-6.9%below the sector's middle half▲ 11.2pp
Current ratio0.30below the sector's middle half0.59below the sector's middle half▲ 0.29
Return on assets (ROA)-18.1%below the sector's middle half9.2%within the sector's middle half▲ 27.3pp
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
-€2,000-€1,000€0€1,000Operating result 2024: -€1,765-€1,765Net result 2024: -€1,824-€1,824Operating result 2025: €1,142€1,142Net result 2025: €1,043€1,043202320242025-€2,000-€1,000€0€1,000Operating result 2024: -€1,765-€1,770Net result 2024: -€1,824-€1,820Operating result 2025: €1,142€1,140Net result 2025: €1,043€1,040202320242025
The operating result returns to profit in 2025: €1,142 after a loss of €1,765 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €11,289
Fixed assets €4,202 ▼ 35.7%
Current assets €7,088 ▲ 100%
Equity and liabilities
Equity-€781
Debt€12,070
Equity is negative: debt (€12,070) exceeds the balance-sheet total (€11,289).
Key figures and ratios
2025 value · change against 2024
EBITDA
€3,475▲
2024 · -€1,300
Cash flow
€3,376▲
2024 · -€1,359
Interest coverage
34.50▲
2024 · -22.18
Debt ≤ 1 year
€12,070▲
2024 · €11,897
Equity ratios withheld: equity of -€781 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,018 companies that looked in July 2024 the way this one looks now, 6.5% went bankrupt within 24 months and 89% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a profit of 5% of the balance sheet or more
6.5% went bankrupt
4.0% stopped otherwise
89% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 6.0% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

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 1,018 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 31 lines
Balance sheet Code20242025
Assets
Total assets20/58€10,073€11,289▲
Fixed assets21/28€6,535€4,202▼
Tangible fixed assets22/27€6,535€4,202▼
Furniture and vehicles24€6,535€4,202▼
Current assets29/58€3,538€7,088▲
Amounts receivable within one year40/41€339€4,074▲
Trade receivables40€339€4,074▲
Cash at bank and in hand54/58€3,199€3,013▼
Equity and liabilities
Total equity and liabilities10/49€10,073€11,289▲
Equity10/15-€1,824-€781▲
Profit (loss) carried forward14-€1,824-€781▲
Amounts payable17/49€11,897€12,070▲
Amounts payable within one year42/48€11,897€12,070▲
Taxes, remuneration and social security45€897€1,070▲
Taxes450/3€897€1,070▲
Other amounts payable47/48€11,000€11,000=
Income statement Code20242025
Turnover70€13,174€32,626▲
Goods, raw materials, services and sundry goods60/61€15,638€28,160▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€465€2,333▲
Other operating charges640/8€836€990▲
Gross operating margin9900-€464€4,466▲
Operating profit (loss)9901-€1,765€1,142▲
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€59€101▲
Recurring financial charges65€59€101▲
Profit (loss) for the period before taxes9903-€1,824€1,043▲
Profit (loss) for the period9904-€1,824€1,043▲
Profit (loss) for the period to be appropriated9905-€1,824€1,043▲
Appropriation of the result
Profit (loss) to be appropriated9906-€1,824-€781▲
Profit (loss) brought forward from the previous period14P--€1,824

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Turnover70-€13,174€32,626▲ 148%
Goods, raw materials, services and sundry goods60/61-€15,638€28,160▲ 80.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€465€2,333▲ 401%
Other operating charges640/8-€836€990▲ 18.5%
Gross operating margin9900--€464€4,466▲ 1,062%
Operating profit (loss)9901--€1,765€1,142▲ 165%
Financial income75/76B--€1-
Recurring financial income75--€1-
Financial charges65/66B-€59€101▲ 71.9%
Recurring financial charges65-€59€101▲ 71.9%
Profit (loss) for the period before taxes9903--€1,824€1,043▲ 157%
Profit (loss) for the period9904--€1,824€1,043▲ 157%
Profit (loss) for the period to be appropriated9905--€1,824€1,043▲ 157%
Line202320242025Change
Assets
Total assets20/58-€10,073€11,289▲ 12.1%
Fixed assets21/28-€6,535€4,202▼ 35.7%
Tangible fixed assets22/27-€6,535€4,202▼ 35.7%
Furniture and vehicles24-€6,535€4,202▼ 35.7%
Current assets29/58-€3,538€7,088▲ 100%
Amounts receivable within one year40/41-€339€4,074▲ 1,100%
Trade receivables40-€339€4,074▲ 1,100%
Cash at bank and in hand54/58-€3,199€3,013▼ 5.8%
Equity and liabilities
Total equity and liabilities10/49€0€10,073€11,289▲ 12.1%
Equity10/15€0-€1,824-€781▲ 57.2%
Contributions10/11€0---
Capital10€0---
Issued capital100€15,000---
Uncalled capital101€15,000---
Profit (loss) carried forward14--€1,824-€781▲ 57.2%
Amounts payable17/49-€11,897€12,070▲ 1.5%
Amounts payable within one year42/48-€11,897€12,070▲ 1.5%
Taxes, remuneration and social security45-€897€1,070▲ 19.3%
Taxes450/3-€897€1,070▲ 19.3%
Other amounts payable47/48-€11,000€11,000=
Line202320242025Change
Profit (loss) for the period9904--€1,824€1,043▲ 157%
+ Depreciation and write-downs630-€465€2,333▲ 401%
Operating cash flow (approximation)--€1,359€3,376▲ 348%
Investment in fixed assets (approximation)--€0-
Change in cash---€186-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
28-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
31-12
Financial Back to profitnet €1,043
Net result €1,043 after one loss-making year.
31-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 153 days late
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
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
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Anderlecht · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
172 m²
Building footprint
69 m²
Volume, LiDAR
719 m³
Parcel 21302A0015/00B007, Brussels · tallest building 14.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
POWER CONCEPT
Van Wambekestraat 18, 1070 AnderlechtConstruction of utility projects for electricity and telecommunications
since 20232.349.809.162
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21302A0015/00B007 Brussels 172 m² 1 · 69 m² 14.8 m · 4 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.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 22,818 companies in this sector we hold annual accounts for 10,343. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded21-04-2023
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
E-invoicing
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