R.C. ELEVATION LOCATION
ActiveR.C. ELEVATION LOCATION has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €84k and a net result of €601. Equity is growing by ~55.9% per year across the filed fiscal years. Its solvency ranks better than 26% of 36376 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability69▼-27
Solvency50▼-38
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity short (current ratio 0.14 against 0.9 in 2023; short-term debt: 75.4% of total assets), and 75.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 · 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
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 2024Solvency, return and age of the figures
Solvency
24.6%
Return on assets
0.2%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
on the day
2022
41 d early
2021
17 d early
2020
40 d late
2019
98 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€84k▲ 0.7%
2023 · €83k
2018: €15k
2019: €-28k
2020: €-869
2021: €38k
2022: €54k
2023: €83k
2018 → 2024
Total assets
€341k▲ 157%
2023 · €133k
2018: €246k
2019: €163k
2020: €165k
2021: €173k
2022: €142k
2023: €133k
2018 → 2024
Net result
€601▼ 97.9%
2023 · €29k
2018: €-15k
2019: €-43k
2020: €27k
2021: €39k
2022: €29k
2023: €29k
2018 → 2024
Working capital
€-221k▼ 5,762%
2023 · €-4k
2018: €-34k
2019: €-62k
2020: €7k
2021: €19k
2022: €-1k
2023: €-4k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-869-€38k€54k▲ 43.1%€83k▲ 53.6%€84k▲ 0.7%
Operating result€33k-€43k▲ 32.7%€39k▼ 11.3%€41k▲ 5.4%€2k▼ 94.7%
Net result€27k-€39k▲ 44.0%€29k▼ 25.6%€29k▲ 0.9%€601▼ 97.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 95% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €341k
Fixed assets
€305k▲ 205%
Current assets
€36k▲ 8.6%
Equity and liabilities €341k
Equity
€84k▲ 0.7%
Debt
€257k▲ 419%
The debt ratio rises from 37.3% to 75.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€70k▼
2023 · €77k
Cash flow
€68k▲
2023 · €66k
Solvency
24.6%▼
2023 · 62.7%
Current ratio
0.14▼
2023 · 0.90
Quick ratio
0.14▼
2023 · 0.90
Debt / equity
3.06▲
2023 · 0.59
ROE
0.7%▼
2023 · 34.9%
ROA
0.2%▼
2023 · 21.9%
Interest coverage
47.35▲
2023 · 37.68
Debt
€257k▲
2023 · €50k
Debt ≤ 1 year
€257k▲
2023 · €37k
Income taxes
€174▼
2023 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€133k€341k▲
Fixed assets21/28€100k€305k▲
Tangible fixed assets22/27€74k€304k▲
Land and buildings22-€250k
Plant, machinery and equipment23€74k€54k▼
Financial fixed assets28€26k€1k▼
Current assets29/58€33k€36k▲
Amounts receivable within one year40/41€19k€36k▲
Trade receivables40€13k€24k▲
Other amounts receivable41€6k€12k▲
Cash at bank and in hand54/58€14k-
Equity and liabilities
Total equity and liabilities10/49€133k€341k▲
Equity10/15€83k€84k▲
Contributions10/11€19k€19k=
Reserves13€36k€36k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€34k€34k=
Profit (loss) carried forward14€29k€30k▲
Amounts payable17/49€50k€257k▲
Amounts payable after more than one year17€13k-
Financial debts170/4€13k-
Amounts payable within one year42/48€37k€257k▲
Current portion of amounts payable after more than one year42€17k€13k▼
Financial debts43-€186
Credit institutions430/8-€186
Trade debts44€1k€7k▲
Suppliers440/4€1k€7k▲
Taxes, remuneration and social security45€19k€7k▼
Taxes450/3€18k€6k▼
Remuneration and social security454/9€1k€1k=
Other amounts payable47/48-€230k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€68k▲
Other operating charges640/8€746€1k▲
Gross operating margin9900€78k€71k▼
Operating profit (loss)9901€41k€2k▼
Financial income75/76B-€112
Recurring financial income75-€112
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€39k€774▼
Income taxes67/77€9k€174▼
Profit (loss) for the period9904€29k€601▼
Profit (loss) for the period to be appropriated9905€29k€601▼
Appropriation of the result
Profit (loss) to be appropriated9906€29k€30k▲
Profit (loss) brought forward from the previous period14P-€29k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €39k ▲44%
Operating result €43k, net result €39k, both a record.
09-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 40 days late
2020
31-12
Financial
Back to profitnet €27k
Net result €27k after 2 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 1.07
Current ratio from 0.32 to 1.07; short-term debt falls from €91k to €89k.
06-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 98 days late
2019
31-12
Financial
Weakest financial yearnet €-43k
Net result drops to €-43k, the lowest in the series; recovery starts the following year.
18-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 18 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
17-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 17 days late
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, Perwez · 1 establishment unit since 2011
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.
Rue Trémouroux 76A1360 PerwezGround area
610 m²
Building footprint
75 m²
Volume, LiDAR
604 m³
Parcel 25081A0486/00M000, Wallonia · tallest building 9.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
RC ELEVATION LOCATION
since 20112.199.994.345
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25081A0486/00M000 | Wallonia | 610 m² | 1 · 75 m² | 9.2 m · 3 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.
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HD INVEST
BE 0672.850.693
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DAMACQ
BE 1011.878.957
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S.O. PROJECT
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 6,249 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-03-2011
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.