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 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ELTO from Deinze, company number BE0836681913, closed financial year 2025 with a result of € -11,472 after tax. For that financial year ELTO recorded a gross margin of € -10,372 and equity of € -25,656. Compared with financial year 2024, the result moved from € -1,469 to € -11,472. 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 28, 2025.
€ -25,656
▼ € 11,472 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -11,472
▼ 681 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1,609
▼ 56% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -44,256.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 348
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,649
▲ 155% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,510
▲ 11% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -3,222 | € 16,037 | € -7,784 | € -10,372 | ▼ € 2,588 |
| Profit after taxes | € -5,199 | € 22,264 | € -1,469 | € -11,472 | ▼ € 10,003 |
| Equity | € -34,979 | € -12,715 | € -14,184 | € -25,656 | ▼ € 11,472 |
| Total debts | € 277,112 | € 116,720 | € 37,639 | € 48,081 | ▲ 28% |
| Cash | € 3,201 | € 1,900 | € 3,675 | € 1,609 | ▼ 56% |
| Retained profit | € -53,579 | € -31,315 | € -32,784 | € -44,256 | ▼ € 11,472 |
| Bank debt | € 103,000 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 242,133 | € 104,005 | € 23,455 | € 22,426 | ▼ 4% |
Key figures of ELTO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 October 2026.
What happened to ELTO?
What happened at ELTO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 11,472. Source: NBB ↗
- New establishment in Deinze. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,199 loss in 2022 to € 11,472 loss in 2025.
Paid € 635 in corporate taxes since 2022.
Best year ever: 2023, with € 22,264 profit.
A new publication or filing at ELTO? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind ELTO is TOM DE SMET. It owns 20% of ID+ BOUWTEAM itself.
Directors
According to the 2025 annual accounts
TOM DE SMET
Director
Establishments
Establishment units
Physical locations of this company
Kerrebroek 81
9850 Deinze
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0836.681.913
- VAT number
- BE 0836.681.913
- Registered office
- Kerrebroek 81, 9850 Deinze
- Names & denominations
- ELTO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 May 2011
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Handelsbemiddeling in de groothandel in hout en bouwmaterialen
Ontwikkeling van niet-residentiële bouwprojecten
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering