Financials
- Financial year
- 2025
- Total assets
- €254,418
- Profit
- €60,938
- Solvency
- 58.6%
Total assets▲ 19.8%
Net result
20182025
ELBA PROJECT
ActiveSummary
ELBA PROJECT has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €149,163 and a net result of €60,938. Equity is growing by about 19% per year across the filed financial years. Its solvency ranks better than 63% of 2,544 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Overview
Activity
Activities of interior architects
NACE 71112Manufacture of furniture NACE 31001
2 sites
Size
€254,418total assets 2025
- Staff
- 1.5 FTE
- Equity
- €149,163
- Profit
- €60,938
Structure
2025 accounts filed 46 days late4 deeds in the Belgian Official Gazette
Why 84raises riskLast filed accounts filed 46 days late; 2 of the last 3 late2 establishment unitslowers riskSector: Architectural and engineering activities; technical testing and analysis (NACE 71)Equity €149,163 (58.6% of total assets)Show the evidence
Checked score
Score 2025
84
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 61% of its sector peers (NACE 71, micro)
Financial strength · tick = 2024
Strong
Solvency
84+17
equity 58.6% of total assets
Liquidity
48+17
short-term debt 34.2% · cash 10.6%
Profitability
99+9
return on assets 24.0%
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%lowest value
12-2024: 0.1%● unchanged vs 11-2024lowest value
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 05-2025
07-2025: 0.2%▲ +0.1 percentage points vs 06-2025
08-2025: 0.3%▲ +0.1 percentage points vs 07-2025
09-2025: 0.2%▼ -0.1 percentage points vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.4%▲ +0.2 percentage points vs 07-2026
09-2026: 0.5%▲ +0.1 percentage points vs 08-2026highest value
10-2026: 0.5%● unchanged vs 09-2026
Credit of up to €12,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.04, compared with 1.0 in 2024, below the usual 1.5; short-term debt: 34.2% and cash: 10.6% of total assets), and 41.4% 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 56% on solvency, 28% on liquidity, 74% on profitability and 87% on growth.
The bankruptcy probability was computed on 23-10-2026 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 riskraises risk
raises risk · 2025 accounts filed 46 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-09-2026, 46 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
46 days late
2024
29 days late
2023
31 days late
2022
26 days late
2021
30 days late
2020
31 days late
2019
119 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 45 days after 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 next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Highest result from 2018 to 2025net €60,938 ▲70.4%
- Equity above €100,000equity €149,163 ▲69.1%
Key points
By topic
Timeline
- Events
- 13
- Since
- 2017
- Next accounts
- by 31-07-2027
- 29-08-2025Annual accounts filed
- 31-08-2024Annual accounts filed
- 26-08-2023Annual accounts filed
Company details
- Sites
- 2
- Legal form
- Private limited company
- Activity
- Activities of interior architectsNACE 71112
- Founded
- 13-07-2015
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about ELBA PROJECT
- What is the company number of ELBA PROJECT?
- 0633.789.882. In Belgium the VAT number is the company number with BE in front: BE 0633.789.882.
- Where is ELBA PROJECT based?
- The registered office is at Brits Tweede Legerlaan 26B, 1190 Vorst.Company details
- What does ELBA PROJECT do?
- According to the KBO register, the main activity is activities of interior architects (NACE 71112).
- What is the legal form of ELBA PROJECT?
- Private limited company (BV).
- When was ELBA PROJECT founded?
- On 13-07-2015.
- Is ELBA PROJECT still active?
- Yes, ELBA PROJECT is an active enterprise in the KBO register.
- How many employees does ELBA PROJECT have?
- On average 1.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of ELBA PROJECT?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is ELBA PROJECT profitable?
- In financial year 2025, ELBA PROJECT made a profit of €60,938.
- Where can I find the annual accounts of ELBA PROJECT?
- ELBA PROJECT filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ELBA PROJECT due?
- By 31-07-2027, for financial year 2026.Timeline
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