EURO ELITE CONSTRUCT · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of EURO ELITE CONSTRUCT is 1.7% (moderate). The 2024 annual accounts show negative equity (€-2.70M) and a net result of €-260k. Equity is shrinking by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 1709 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

1.7% Moderate

0%0,5%1,5%4%10%≥25%

Annual accounts: weaker financial profile +Young company +Lower-failure-rate sector −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Signals

1 signal · with evidence

Negative equity

Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).

View the annual accounts

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Deadline passed, not yet counted as missing

The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 20 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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.

How we compute the deadline

The year end is derived from 3 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	nothing on record	not filed	-
31-12-2024	31-07-2025	29-08-2025	29 d late	2025-00450705
31-12-2023	31-07-2024	30-09-2024	61 d late	2024-00486910
31-12-2022	31-07-2023	25-09-2023	56 d late	2023-00454663

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

More than 3 years active

Founded in 2021, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€-260k-565.6%

Working capital€-2.69M-10.4%

CSV export

Annual accounts & ratios

Source: NBB · 2024

Annual accounts filed on 29-08-2025 with the NBB · fiscal year 2024 · verkort

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

declining Equity: declining trend of ~6.1%/year over 3 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2024 · NACE 68, Real estate activities · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	-5079.7%	14.4%	better than 5% of 1709 sector peers
Net result	€-260k	€0	better than 8% of 1705 sector peers
Equity	€-2.70M	€109k	better than 5% of 1709 sector peers
Gross operating margin	€-247k	€51k	better than 5% of 1706 sector peers
Total assets	€53k	€1.50M	better than 5% of 1709 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P5

Stable position over 2022-2024 · n=1109-1709

Net result P8

Stable position over 2022-2024 · n=1109-1705

Equity P5

Stable position over 2022-2024 · n=1109-1709

Gross operating margin P5

Stable position over 2022-2024 · n=1105-1706

Describes the position versus peers, not a forecast.

Net profit

€-260k

-565.6% 22-24

Total assets

€53k

-85.3% 22-24

Equity

€-2.70M

-10.6% 22-24

Working capital

€-2.69M

-10.4% 22-24

Staff costs

€0

-100.0% 22-24

Debt

€2.75M

-1.8% 22-24

Debt ≤ 1y

€2.75M

-2.0% 22-24

Current ratio

0.02

-85.0% 22-24

Show 5 other metrics

Quick ratio

0.02

-85.0% 22-24

Solvency

-5079.7%

-654.6% 22-24

Debt / equity

-1.02

+11.2% 22-24

ROE

9.6%

+501.6% 22-24

ROA

-488.3%

-4439.7% 22-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	verkort
Revenue	-
EBITDA	-
Net profit	€-260k
Cash flow	-
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€53k
Equity	€-2.70M
Debt	€2.75M
of which ≤ 1y	€2.75M
of which > 1y	-
Working capital	€-2.69M
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	0.02
Quick ratio	0.02
Working capital ratio	-5065.7%
Solvency	-5079.7%
Debt / equity	-1.02
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	-
ROA	-488.3%
ROE	9.6%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Full annual accounts (18 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€53k
Current assets	29/58	€53k
Amounts receivable within one year	40/41	€41k
Cash & bank	54/58	€11k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€53k
Equity	10/15	€-2.70M
Contributions / capital	10/11	€18k
Accumulated profits (losses)	14	€-2.72M
Amounts payable	17/49	€2.75M
Amounts payable within one year	42/48	€2.75M
Trade debts payable within one year	44	€244k
Income statement
Gross operating margin	9900	€-247k
Operating result	9901	€-248k
Financial income	75	€287
Financial charges	65	€13k
Result before taxes	9903	€-260k
Net result for the period	9904	€-260k
Result to be appropriated	9905	€-260k

This table shows the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2024 · computed

10 / 100 Critical

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Directors

Directors & mandates

2 directors

Former directors (2)

Adele Eis
Director
State Gazette act 23042863 (27-03-2023)

Former
- → 10-02-2023
Samuel Pluczenik
Director
State Gazette act 23042863 (27-03-2023)

Former
- → 10-02-2023

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary	Ontwikkeling van niet-residentiële bouwprojecten(68122)
Legal form	Private limited company(610)
Incorporation	17-02-2021
Status	Active
Postal code	2018

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank

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.

Maria-Henriëttalei 82018 Antwerpen

Establishment units

1 location

EURO ELITE CONSTRUCT

Maria-Henriëttalei 8, 2018 AntwerpenOntwikkeling van residentiële bouwprojecten

since 20212.313.395.461

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area729 m²

Buildings1

Building footprint369 m²

Volume (LiDAR)9,626 m³

Tallest building29.6 m · ±9 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11810K2740/00F003	Flanders	729 m²	1 · 369 m²	29.6 m · 9 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

1 acts

All acts · 1 updated 3 years ago

2023

27-03-2023 2 resigning Director changes

Adele Eis, Bestuurder
Samuel Pluczenik, Bestuurder

Original publication ↗

Analysis

Financial profile

5 of 5 axes measured

49 / 100

Mixed profile: strong on stability, weaker on health.

All 5 axes are computed from data Checked has read.

Health 10

Profitability 48

Solvency 33

Growth 58

Stability 94

Credit advice

verdict per customer and amount

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We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. We hold annual accounts for 254 of the 1,261 companies in this sector.

See full sector →

Company registry

Company registry (CBE)

Crossroads Bank

Activities

Ontwikkeling van niet-residentiële bouwprojecten68122Ontwikkeling van residentiële bouwprojecten68121

Primary activity highlighted.

Names & trade names

Legal nameNL

EURO ELITE CONSTRUCT

Registered office

Maria-Henriëttalei 8

2018 Antwerpen, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.