SPECIAL ELEVATORS
ActiveThe computed 12-month bankruptcy probability of SPECIAL ELEVATORS is 2.6% (moderate). The 2025 annual accounts show equity of €121k and a net result of €46k. Equity is growing by ~50.7% per year across the filed fiscal years. Its solvency ranks better than 70% of 7331 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability99▲+1
Solvency88▲+5
Growth78=
Track record94
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 2.36 against 2.67 in 2024; short-term debt: 27.5% and cash: 7.6% of total assets), and 37.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+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 dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
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
62.5%
Return on assets
23.9%
Age of the figures
9 mo
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 06-07-2026, 25 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
25 d early
2024
21 d late
2023
27 d late
← before the deadline
after the deadline →
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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€121k▲ 61.6%
2024 · €75k
2023: €45k
2024: €75k
2023 → 2025
Total assets
€193k▲ 49.8%
2024 · €129k
2023: €82k
2024: €129k
2023 → 2025
Net result
€46k▲ 54.8%
2024 · €30k
2023: €15k
2024: €30k
2023 → 2025
Working capital
€72k▲ 5.0%
2024 · €69k
2023: €34k
2024: €69k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€45k-€75k▲ 66.2%€121k▲ 61.6%
Operating result€20k-€39k▲ 92.2%€59k▲ 52.9%
Net result€15k-€30k▲ 99.5%€46k▲ 54.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 53% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €193k
Fixed assets
€68k▲ 255%
Current assets
€125k▲ 14.0%
Equity and liabilities €193k
Equity
€121k▲ 61.6%
Debt
€72k▲ 33.4%
The debt ratio falls from 42.1% to 37.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€77k▲
2024 · €53k
Cash flow
€64k▲
2024 · €45k
Solvency
62.5%▲
2024 · 57.9%
Current ratio
2.36▼
2024 · 2.67
Quick ratio
2.36▼
2024 · 2.67
Debt / equity
0.60▼
2024 · 0.73
ROE
38.1%▼
2024 · 39.8%
ROA
23.9%▲
2024 · 23.1%
Interest coverage
30.18▲
2024 · 22.50
Debt
€72k▲
2024 · €54k
Debt ≤ 1 year
€53k▲
2024 · €41k
Debt > 1 year
€15k▲
2024 · €13k
Income taxes
€11k▲
2024 · €8k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€129k€193k▲
Fixed assets21/28€19k€68k▲
Intangible fixed assets21-€11k
Tangible fixed assets22/27€19k€50k▲
Plant, machinery and equipment23€2k€34k▲
Furniture and vehicles24€17k€6k▼
Other tangible fixed assets26-€10k
Financial fixed assets28-€6k
Current assets29/58€110k€125k▲
Amounts receivable within one year40/41€77k€104k▲
Trade receivables40€61k€54k▼
Other amounts receivable41€16k€50k▲
Cash at bank and in hand54/58€26k€15k▼
Deferred charges and accrued income490/1€7k€7k▲
Equity and liabilities
Total equity and liabilities10/49€129k€193k▲
Equity10/15€75k€121k▲
Contributions10/11€30k€30k=
Profit (loss) carried forward14€45k€91k▲
Amounts payable17/49€54k€72k▲
Amounts payable after more than one year17€13k€15k▲
Financial debts170/4€13k€15k▲
Amounts payable within one year42/48€41k€53k▲
Current portion of amounts payable after more than one year42€5k€15k▲
Trade debts44€22k€13k▼
Suppliers440/4€22k€13k▼
Taxes, remuneration and social security45€14k€25k▲
Taxes450/3€14k€20k▲
Remuneration and social security454/9-€5k
Accrued charges and deferred income492/3€50€4k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€18k▲
Other operating charges640/8€434€417▼
Gross operating margin9900€54k€77k▲
Operating profit (loss)9901€39k€59k▲
Financial income75/76B€1k€814▼
Recurring financial income75€719€814▲
Non-recurring financial income76B€482-
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€37k€57k▲
Income taxes67/77€8k€11k▲
Profit (loss) for the period9904€30k€46k▲
Profit (loss) for the period to be appropriated9905€30k€46k▲
Appropriation of the result
Profit (loss) to be appropriated9906€45k€91k▲
Profit (loss) brought forward from the previous period14P€15k€45k▲
The notes to these accounts (12 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
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2023net €46k ▲54.8%
Operating result €59k, net result €46k, both a record.
31-12
Financial
Equity above €100kEq €121k ▲61.6%
3 profitable years in a row build equity to €121k.
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Grimbergen · 2 establishment units since 2022
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.
Jozef Van Elewijckstraat 221853 GrimbergenGround area
1,009 m²
Building footprint
388 m²
Volume, LiDAR
4,251 m³
3 parcels, Brussels, Flanders · tallest building 17.3 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
SPECIAL ELEVATORS
since 20222.334.340.731
SWEET MOMENTS
since 20252.377.371.317
3 parcels
Flanders
1
(33.3%)
Brussels
2
(66.7%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23084A0526/00N004 | Flanders | 688 m² | 1 · 220 m² | 14.3 m · 4 fl. |
| 21902A0440/00F004 | Brussels | 169 m² | 1 · 81 m² | 17.3 m · 5 fl. |
| 21902A0305/00B006 | Brussels | 153 m² | 1 · 87 m² | 13.5 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSchaarbeek2.377.371.317
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PIRVAL BOUW
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XP2
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Sint-Martens-Latem · Eq €121k
Of 29,808 companies in sector 41001 we hold annual accounts for 16,033. 12,950 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-08-2022
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
10712Artisanal bread and fresh pastry making
10720Manufacture of food products
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
47279Other retail sale of food
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.