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E-Luse

Active
Private limited companyfounded 2019active for 7 yearsTijmlaan 28, 8790 Waregem, BelgiumKBO/BCE: BE 0718.752.974
Summary

E-Luse has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €495,332 and a net result of €196,279. Equity is growing by about 46% per year across the filed financial years. Its solvency ranks better than 59% of 205 sector peers (NACE 71, financial year 2026). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Engineering and related technical consultancy, excluding land surveyors
NACE 71121Other professional, scientific and technical activities NACE 74999
2 sites
Size
€666,805total assets 2025
Staff
3.4 FTE
Equity
€495,332
Profit
€196,279
Turnover not published (micro format)
Financial health
95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Accounts 22 days early0 of 2 deeds read
Why 95lowers riskLiquidity: current ratio 3.08, cash €317,060Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)Size: total assets €509,056Equity €342,494 (67.3% of total assets)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 58% of its sector peers (NACE 71, micro)
Financial strength · tick = 2024
Strong
Solvency 99+27
equity 74.3% of total assets
Liquidity 94+14
short-term debt 19.4% · cash 59.7%
Profitability 100=
return on assets 29.4%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (14,803 companies, NACE 71, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025highest value 07-2025: < 0.1%▼ -0.1 percentage points vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity ample (current ratio 4.51, compared with 1.93 in 2024, above the usual 1.5; short-term debt: 19.4% and cash: 59.7% of total assets), and 25.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, micro): better than 66% on solvency, 79% on liquidity, 72% on profitability and 16% on growth.

The bankruptcy probability was computed on 16-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 3.08, cash €317,060
NBB · annual accounts
lowers risk · Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
KBO
lowers risk · Size: total assets €509,056
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Equity €342,494 (67.3% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 09-10-2025, 22 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
22 days early
2024
21 days early
2023
21 days early
2022
17 days early
2021
4 days early
2020
30 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 9 days before the deadline; the sector median (NACE 71) for financial year 2024 is 8 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-03-2026 is due by 31-10-2026. Nothing is late today. The company usually files around 10 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-03-2026 year end17-10-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Liquidity more than doubledcurrent ratio 4.51
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Positive: Among the best 10% on net resultsector median €27,514 · 205 companies €112,162 View
  • Positive: Equity rose in 2025from €299,053 to €495,332 ▲ 65.6% View
  • Positive: 6 profitable years in a rowprofit 2025: €196,279 6 years View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View

By topic

Financials

Financial year
2025
Total assets
€666,805
Profit
€196,279
Solvency
74.3%
Total assets▲ 5.7%
Net result
20202025
Go to Financials

Timeline

Events
12
Since
2020
Next accounts
by 31-10-2026
  1. 31-03-2024Highest result from 2020 to 2025
  2. 31-03-2024Equity above €200,000
  3. 10-10-2023Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Engineering and related technical consultancy, excluding land surveyorsNACE 71121
Founded
16-01-2019
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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