EL. RIK
Open bankruptcySummary
A bankruptcy procedure is open for EL. RIK according to publications in the Belgian State Gazette. The 2021 annual accounts show negative equity (€-57k) and a net result of €-6k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 11-07-2022, 20 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
20 d early
2020
43 d early
2019
215 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Equity
€-57k▼ 11.7%
2020 · €-51k
2018: €-31k
2019: €-46k
2020: €-51k
2018 → 2021
Total assets
€94k▼ 7.2%
2020 · €102k
2018: €145k
2019: €110k
2020: €102k
2018 → 2021
Net result
€-6k▼ 9.7%
2020 · €-5k
2018: €-19k
2019: €-15k
2020: €-5k
2018 → 2021
Working capital
€72k▼ 2.7%
2020 · €73k
2018: €53k
2019: €81k
2020: €73k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€-31k-€-46k▼ 47.3%€-51k▼ 11.9%€-57k▼ 11.7%
Operating result€-19k-€-13k▲ 30.8%€-5k▲ 63.5%€-6k▼ 15.9%
Net result€-19k-€-15k▲ 24.8%€-5k▲ 62.9%€-6k▼ 9.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €6k in 2021 against €5k in 2020; the loss grows.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €94k
Fixed assets
€4k ▼ 54.6%
Current assets
€91k ▼ 3.1%
Key figures and ratios
EBITDA
€-1k▼
2020 · €351
Cash flow
€-2k▼
2020 · €-297
Solvency
-60.4%▼
2020 · -50.2%
Current ratio
4.76▲
2020 · 4.67
Debt to equity
-2.66▼
2020 · -2.60
ROA
-6.3%▼
2020 · -5.3%
Interest coverage
-2.72
Debt
€151k▼
2020 · €153k
Debt ≤ 1 year
€19k▼
2020 · €20k
Debt > 1 year
€132k▼
2020 · €133k
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 · 2021 against 2020 · 42 lines
Balance sheet
Code20202021
Assets
Total assets20/58€102k€94k▼
Fixed assets21/28€8k€4k▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€8k€4k▼
Furniture and vehicles24-€4k
Current assets29/58€93k€91k▼
Amounts receivable within one year40/41€93k€91k▼
Trade receivables40-€54k
Other amounts receivable41-€37k
Cash at bank and in hand54/58€130€0▼
Equity and liabilities
Total equity and liabilities10/49€102k€94k▼
Equity10/15€-51k€-57k▼
Contributions10/11-€19k
Reserves13€13k€13k=
Non-distributable reserves130/1-€664
Reserves not available under the articles1311-€664
Distributable reserves133-€13k
Profit (loss) carried forward14€-83k€-89k▼
Amounts payable17/49€153k€151k▼
Amounts payable after more than one year17€133k€132k▼
Financial debts170/4-€0
Other amounts payable178/9-€132k
Amounts payable within one year42/48€20k€19k▼
Current portion of amounts payable after more than one year42-€0
Financial debts43-€26
Credit institutions430/8-€26
Trade debts44€9k€1k▼
Suppliers440/4-€1k
Taxes, remuneration and social security45-€0
Taxes450/3-€0
Other amounts payable47/48-€18k
Income statement
Code20202021
Non-recurring operating income76A-€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€4k▼
Gross operating margin9900€351€-1k▼
Operating profit (loss)9901€-5k€-6k▼
Financial charges65/66B-€416
Recurring financial charges65€648€416▼
Profit (loss) for the period before taxes9903€-5k€-6k▼
Profit (loss) for the period9904€-5k€-6k▼
Profit (loss) for the period to be appropriated9905€-5k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-89k
Profit (loss) brought forward from the previous period14P-€-83k
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
2025
07-04
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · EL. RIK BV OUDE BAAN 10, 2275 LILLE · event 01-04-2025
2022
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
03-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 215 days late
2019
31-12
Financial
Liquidity quadruplescurrent ratio 6.07
Current ratio from 1.72 to 6.07; short-term debt falls from €73k to €16k.
09-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 70 days late
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2015
03-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
20-06
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
29-07
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
15-06
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Lille · 1 establishment unit since 2010
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.
Oude Baan 102275 LilleGround area
1,443 m²
Building footprint
234 m²
Volume, LiDAR
1,274 m³
Parcel 13009C0492/00S002, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
EL. RIK BVBA
since 20102.192.351.537
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13009C0492/00S002 | Flanders | 1,443 m² | 1 · 234 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | GERT VERREYT BEGIJNENSTRAAT 17, 2300 TURN-
HOUT |
01-04-2025 → present |
| Curator | THOMAS VAN BOURGOGNIE BEGIJ-
NENSTRAAT 17, 2300 TURNHOUT |
01-04-2025 → present |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded16-09-2010
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.