Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
-
Tight liquidity NBB
Cash and receivables cover 28 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
ELIE SELECTION from Colfontaine, company number BE0640727461, closed financial year 2024 with a result of € -50,469 after tax. For that financial year ELIE SELECTION recorded a gross margin of € -18,733 and equity of € -21,624. Compared with financial year 2023, the result moved from € -13,565 to € -50,469. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 31, 2025.
€ -21,624
▼ € 50,469 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -50,469
▼ 272 % more loss than in 2023
Profit after tax over the fiscal year.
€ 1,493
▲ 261% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -22,224.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 108,933
▼ 19% vs 2023
Of which on lease € 106,429.
Debts at end 2024
€ 110,495
▼ 15% vs 2023
€ 21,716 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 70,583
▼ 33% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 1,909
▼ 49% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 77,740 | € 29,491 | € 23,638 | € -18,733 | ▼ € 42,371 |
| Profit after taxes | € 40,915 | € 11,841 | € -13,565 | € -50,469 | ▼ € 36,904 |
| Equity | € 30,570 | € 42,411 | € 28,846 | € -21,624 | ▼ € 50,469 |
| Total debts | € 167,059 | € 215,861 | € 349,562 | € 298,623 | ▼ 15% |
| Cash | € 22,067 | € 20,447 | € 413 | € 1,493 | ▲ 261% |
| Retained profit | € 29,970 | € 41,811 | € 28,246 | € -22,224 | ▼ € 50,469 |
| Bank debt | € 0 | € 30,873 | € 129,666 | € 110,495 | ▼ 15% |
| Balance sheet total | € 197,629 | € 258,271 | € 378,407 | € 276,999 | ▼ 27% |
Key figures of ELIE SELECTION, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to ELIE SELECTION?
What happened at ELIE SELECTION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 50,469. filed late Source: NBB ↗
- New establishment in Colfontaine. KBO
- Start of the company according to the CBE. KBO
In short
From € 40,915 profit in 2021 to € 50,469 loss in 2024.
Paid € 11,830 in corporate taxes since 2021.
Best year ever: 2021, with € 40,915 profit.
Management
Behind ELIE SELECTION is Christophe Cuvelier. Christophe Cuvelier is also behind LCC CREACOM.
Directors
According to the 2024 annual accounts
Establishments
Establishment units
Physical locations of this company
Rue Saint-Pierre 70
7340 Colfontaine
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
Domain
Domain
lecuvelier.com
Registered
2023-07-27
Registrar
OVH sas
Expires
2027-07-27
Website info
Features
Security
Details
- Company number
- 0640.727.461
- VAT number
- BE 0640.727.461
- Registered office
- Rue Saint-Pierre 70, 7340 Colfontaine
- Names & denominations
- ELIE SELECTION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 October 2015
- Peppol
- Active · Active since 13 Oct 2025
- Contact
- lecuvelier.com
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