Elite Phone
ActiveSummary
Elite Phone has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €45k and a net result of €2k. Equity is growing by ~23.6% per year across the filed fiscal years. Its solvency ranks better than 40% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
54
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability48▼-10
Solvency46▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.3 against 1.22 in 2023; short-term debt: 33.8% and cash: 11.7% of total assets), and 79.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
20.9%
Return on assets
0.8%
Age of the figures
21 mo
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
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 16-07-2025, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
15 d early
2023
30 d late
2022
32 d early
2021
47 d early
2020
46 d early
2019
43 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€45k▲ 3.7%
2023 · €43k
2018: €358
2019: €10k
2020: €15k
2021: €34k
2022: €35k
2023: €43k
2018 → 2024
Total assets
€214k▼ 0.7%
2023 · €215k
2018: €14k
2019: €21k
2020: €51k
2021: €132k
2022: €221k
2023: €215k
2018 → 2024
Net result
€2k▼ 81.3%
2023 · €9k
2018: €598
2019: €10k
2020: €5k
2021: €19k
2022: €541
2023: €9k
2018 → 2024
Working capital
€21k▲ 38.8%
2023 · €15k
2018: €358
2019: €10k
2020: €15k
2021: €23k
2022: €5k
2023: €15k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€15k-€34k▲ 124%€35k▲ 1.6%€43k▲ 25.0%€45k▲ 3.7%
Operating result€5k-€22k▲ 322%€3k▼ 86.3%€11k▲ 277%€9k▼ 22.1%
Net result€5k-€19k▲ 294%€541▼ 97.1%€9k▲ 1,498%€2k▼ 81.3%
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 22% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €214k
Fixed assets
€120k ▼ 8.0%
Current assets
€94k ▲ 10.6%
Equity and liabilities €214k
Equity
€45k ▲ 3.7%
Debt
€169k ▼ 1.8%
Debt's share of the balance-sheet total falls from 80.0% to 79.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€19k▼
2023 · €22k
Cash flow
€12k▼
2023 · €19k
Current ratio
1.30▲
2023 · 1.22
Quick ratio
0.58▼
2023 · 0.63
Debt to equity
3.78▼
2023 · 3.99
ROE
3.6%▼
2023 · 20.0%
ROA
0.8%▼
2023 · 4.0%
Interest coverage
3.42▼
2023 · 4.14
Debt ≤ 1 year
€72k▲
2023 · €69k
Debt > 1 year
€97k▼
2023 · €103k
Income taxes
€2k▼
2023 · €3k
Staff costs
€8k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€215k€214k▼
Fixed assets21/28€131k€120k▼
Tangible fixed assets22/27€131k€120k▼
Land and buildings22€120k€115k▼
Furniture and vehicles24€11k€6k▼
Current assets29/58€85k€94k▲
Stocks and contracts in progress3€41k€52k▲
Stocks30/36€41k€52k▲
Amounts receivable within one year40/41€26k€14k▼
Trade receivables40€22k€14k▼
Other amounts receivable41€4k€0▼
Cash at bank and in hand54/58€15k€25k▲
Deferred charges and accrued income490/1€2k€2k=
Equity and liabilities
Total equity and liabilities10/49€215k€214k▼
Equity10/15€43k€45k▲
Contributions10/11€19k€19k=
Reserves13€25k€26k▲
Non-distributable reserves130/1€78€78=
Reserves not available under the articles1311€78€78=
Distributable reserves133€25k€26k▲
Amounts payable17/49€172k€169k▼
Amounts payable after more than one year17€103k€97k▼
Financial debts170/4€103k€97k▼
Amounts payable within one year42/48€69k€72k▲
Current portion of amounts payable after more than one year42€9k€6k▼
Trade debts44€870€13k▲
Suppliers440/4€870€13k▲
Taxes, remuneration and social security45€12k€6k▼
Taxes450/3€12k€6k▼
Other amounts payable47/48€48k€47k▼
Income statement
Code20232024
Remuneration, social security and pensions62-€8k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k=
Other operating charges640/8€6k€6k=
Gross operating margin9900€28k€34k▲
Operating profit (loss)9901€11k€9k▼
Financial income75/76B€6k€0▼
Recurring financial income75€6k€0▼
Financial charges65/66B€5k€6k▲
Recurring financial charges65€5k€6k▲
Profit (loss) for the period before taxes9903€12k€3k▼
Income taxes67/77€3k€2k▼
Profit (loss) for the period9904€9k€2k▼
Profit (loss) for the period to be appropriated9905€9k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€9k€2k▼
Transfer to equity691/2€9k€2k▼
To other reserves6921€9k€2k▼
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €541 ▼97.1%
Net result drops to €541, the lowest in the series; recovery starts the following year.
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €19k ▲294%
Operating result €22k, net result €19k, both a record.
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
18-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
25-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Antwerpen · 2 establishment units since 2014
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.
Noorderlaan 172030 AntwerpenGround area
1,587 m²
Building footprint
135 m²
Volume, LiDAR
1,533 m³
2 parcels, Flanders · tallest building 16.1 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
Noorderlaan 17, 2030 Antwerpen
since 20142.236.501.185
Offerandestraat 5-7, 2060 Antwerpen
since 20182.271.015.666
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G1609/13N000 | Flanders | 1,452 m² | - | - |
| 11808H0561/00Z024 | Flanders | 135 m² | 1 · 135 m² | 16.1 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 3,226 companies in sector 47400 we hold annual accounts for 1,806. 1,425 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded12-09-2014
Fiscal year end31-12
Activities, NACEBEL 2025
47400Retail sale of information and communication equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.