EFKAN CABLING
Open bankruptcyA bankruptcy procedure is open for EFKAN CABLING according to publications in the Belgian State Gazette; curator: WIM BOLLEN.
Summary
The 2024 annual accounts show equity of €221k and a net result of €104k.
Signals
Two signals.
+raises risk
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
€440k
EBIT margin
27.6%
Net result
€104k▲ 26.6%
2023 · €82k
2018: €15k
2019: €1k
2020: €-4k
2021: €48k
2022: €104k
2023: €82k
2018 → 2024
Working capital
€220k▲ 105%
2023 · €108k
2018: €15k
2019: €11k
2020: €17k
2021: €39k
2022: €84k
2023: €108k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€440k
Equity€35k-€53k▲ 52.8%€95k▲ 77.5%€113k▲ 19.9%€221k▲ 94.5%
Operating result€-3k-€49k€108k▲ 123%€87k▼ 19.3%€122k▲ 39.3%
Net result€-4k-€48k€104k▲ 115%€82k▼ 21.5%€104k▲ 26.6%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 39% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €240k
Fixed assets
€150 ▼ 97.5%
Current assets
€240k ▲ 21.9%
Equity and liabilities €240k
Equity
€221k ▲ 94.5%
Debt
€20k ▼ 77.8%
Debt's share of the balance-sheet total falls from 44.2% to 8.3%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
12.05▲
2023 · 2.20
Debt to equity
0.09▼
2023 · 0.79
ROE
47.0%▼
2023 · 72.2%
ROA
43.1%▲
2023 · 40.3%
Debt ≤ 1 year
€20k▼
2023 · €90k
Income taxes
€20k
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 · 54 lines
Balance sheet
Code20232024
Assets
Total assets20/58€203k€240k▲
Fixed assets21/28€6k€150▼
Tangible fixed assets22/27€6k-
Furniture and vehicles24€6k-
Financial fixed assets28€150€150=
Current assets29/58€197k€240k▲
Amounts receivable within one year40/41€65k€210k▲
Trade receivables40€62k€32k▼
Other amounts receivable41€3k€177k▲
Cash at bank and in hand54/58€132k€31k▼
Equity and liabilities
Total equity and liabilities10/49€203k€240k▲
Equity10/15€113k€221k▲
Contributions10/11€19k€19k=
Capital10€19k-
Issued capital100€19k-
Reserves13€2k€2k=
Non-distributable reserves130/1€2k-
Legal reserve130€2k-
Distributable reserves133-€2k
Profit (loss) carried forward14€93k€200k▲
Amounts payable17/49€90k€20k▼
Amounts payable within one year42/48€90k€20k▼
Current portion of amounts payable after more than one year42€4k-
Trade debts44€13k€3k▼
Suppliers440/4€13k€3k▼
Advances received on contracts in progress46€5k€5k=
Taxes, remuneration and social security45€16k€11k▼
Taxes450/3€8k-
Remuneration and social security454/9€8k€11k▲
Other amounts payable47/48€51k€1k▼
Income statement
Code20232024
Turnover70-€440k
Non-recurring operating income76A-€3k
Goods, raw materials, services and sundry goods60/61-€316k
Remuneration, social security and pensions62€68k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k-
Other operating charges640/8€1k€1k▲
Non-recurring operating charges66A€35k€1k▼
Gross operating margin9900€199k€124k▼
Operating profit (loss)9901€87k€122k▲
Financial income75/76B-€2k
Recurring financial income75-€2k
Financial charges65/66B€5k€153▼
Recurring financial charges65€125€153▲
Non-recurring financial charges66B€5k-
Profit (loss) for the period before taxes9903€82k€123k▲
Income taxes67/77-€20k
Profit (loss) for the period9904€82k€104k▲
Profit (loss) for the period to be appropriated9905€82k€104k▲
Appropriation of the result
Profit (loss) to be appropriated9906€156k€104k▼
Profit (loss) brought forward from the previous period14P€74k-
Transfer from equity791/2-€96k
Profit to be distributed694/7€63k-
Return on contributions (dividend)694€13k-
Directors or managers695€50k-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
20-05
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · EFKAN CABLING BV MUNT- HOFSTRAAT 133, 1060 SINT-GILLIS · event 12-05-2026
2025
13-11
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 105 days late
2024
31-12
Financial
Liquidity times 5current ratio 12.05
Current ratio from 2.20 to 12.05; short-term debt falls from €90k to €20k.
31-12
Financial
Equity above €200kEq €221k ▲94.5%
4 profitable years in a row build equity to €221k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Equity above €100kEq €113k ▲19.9%
3 profitable years in a row build equity to €113k.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-12
Financial
Highest result since 2018net €104k ▲115%
Net result €104k, the highest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €48k
Net result €48k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-4k ▼401%
Net result drops to €-4k, the lowest in the series.
Show earlier events
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Sint-Gillis (bij-Brussel) · 1 establishment unit since 2012
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.
Munthofstraat 1331060 Sint-Gillis (bij-Brussel)Ground area
680 m²
Building footprint
426 m²
Volume, LiDAR
4,703 m³
2 parcels, Brussels, Flanders · tallest building 21.0 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Efkan Cabling
since 20122.206.606.379
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21013B0304/00A008 | Brussels | 342 m² | 1 · 312 m² | 20.9 m · 6 fl. |
| 23643G0325/00H000 | Flanders | 338 m² | 1 · 114 m² | 10.2 m · 1 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | WIM BOLLEN STEENWEG OP SINT-JORIS-WINGE 21,
3200 AARSCHOT |
12-05-2026 → present |
Recognitions · licences · registrations
Legal Entity Identifier
6994002ZFFBAYJDBKS17
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Of 9,530 companies in sector 43222 we hold annual accounts for 5,662. 4,743 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
Founded11-01-2012
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.