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ELINOVA

Active
Private limited companyfounded 2021active for 5 yearsDrukpersstraat 4, 1000 Brussel, BelgiumKBO/BCE: BE 0761.656.965
Summary

ELINOVA has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12,977 and a net result of €24,344. Equity has been growing by about 58% per year since 2021. Its solvency ranks better than 22% of 34,946 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Official details

Source: KBO
Status
Active since 15-01-2021 Normal situation
Registered office
260 active companies are registered at this address 6 started in the 12 months before. Source: KBO register, as of 3 November 2026.
Activity
General electrical installation work NACE 43211and 5 others
Establishment unit
2.312.545.425 1000 Brussel, since 15-01-2021
Financial year end
31 December
Peppol
Reachable since 08-10-2025

Board and ownership

Board
  • Maryns Thomas JorgeDirector

Financial position

68 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Annual accounts 2025
Gross margin
€31,484
▼ 64.6%
Turnover
≈ €150,000
estimated
Profit
€24,344
▼ 63.1%
Equity
€12,977
▼ 85.4%
Total assets
€62,986
▼ 30.5%
Score breakdownraises riskFounded in 2021Size: total assets €62,986lowers riskLiquidity: current ratio 1.13, cash €23,384Figures for financial year 2025 (filed on 12-03-2026)Show the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 42% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 46-54
equity 20.6% of total assets
Liquidity 53-16
short-term debt 79.4% · cash 37.1%
Profitability 100=
return on assets 38.6%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 12-2024: 0.5% 01-2025: 0.5%● unchanged vs 12-2024lowest value 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.6%▲ +0.1 percentage points vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.6%● unchanged vs 06-2025 08-2025: 0.6%● unchanged vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.8%▲ +0.2 percentage points vs 03-2026highest value 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026 08-2026: 0.8%● unchanged vs 07-2026 09-2026: 0.8%● unchanged vs 08-2026 10-2026: 0.8%● unchanged vs 09-2026 11-2026: 0.8%● unchanged vs 10-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.13 (44.04 in 2024), below the usual 1.5. Short-term debt is 79.4% and cash 37.1% of total assets. 79.4% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 43, micro). It does better than 22% of them on solvency, 48% on liquidity, 92% on profitability and 5% on growth.

The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.13, cash €23,384
NBB · annual accounts
raises risk · Founded in 2021
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 12-03-2026)
NBB · annual accounts
raises risk · Size: total assets €62,986
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 34946 sector peers (2025).
NBB · sector comparison
Position among 34946 sector peers
Solvency
better than 22%
← weakest strongest →
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 12-03-2026, 141 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
141 days early
2024
31 days early
2023
9 days early
2022
4 days early
2021
18 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 41 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 13 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Equity fell in 2025from €88,634 to €12,977 ▼ 85.4% View
  • Caution: Less equity than 81% of companies in specialised constructionsector median €57,775 · 34,958 companies €12,977 View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View
  • Positive: 5 profitable years in a rowprofit 2025: €24,344 5 years View

Recent changes

  1. · Gazette deed General meeting · Director resignation
  2. · Gazette deed General meeting · Director resignation
  3. · Gazette deed Incorporation
All 11 events

Comparable companies

These companies have the same main activity as ELINOVA: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €57,800 and €64,000, founded between 2020 and 2021.

CompanyTotal assetsGross margin
ELINOVA Brussel€62,986€31,484
MH TECH Sint-Pieters-Leeuw€61,960€33,537
TSH Tessenderlo-Ham€57,848€31,320
VDV Vandevoorde Menen€64,010€28,229
REVA Electro Kinrooi€61,569€33,178
IBIS ELEKTRO Genk€62,627€27,832
VSJ TECHNICS Lint€62,678€28,207
Full comparison

Key facts about ELINOVA

What is the company number of ELINOVA?
The company number of ELINOVA is 0761.656.965. The VAT number is the same number with BE in front: BE 0761.656.965.
Where is ELINOVA based?
The registered office is at Drukpersstraat 4, 1000 Brussel.Company details
What does ELINOVA do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of ELINOVA?
The legal form of ELINOVA is Private limited company (BV).
When was ELINOVA founded?
ELINOVA was founded on 15-01-2021.
Is ELINOVA still active?
Yes, ELINOVA is an active enterprise in the KBO register.
What is the turnover of ELINOVA?
The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €31,484 and 45 comparable companies (NACE 43211). It probably lies between €100,000 and €230,000.Financials
Is ELINOVA profitable?
In financial year 2025, ELINOVA made a profit of €24,344.
Where can I find the annual accounts of ELINOVA?
ELINOVA filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ELINOVA due?
ELINOVA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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