Financials
- Financial year
- 2024
- Total assets
- €160,696
- Loss
- -€3,949
- Solvency
- 16.9%
Total assets▼ 7.8%
Net result
20182024
EL SHADAY
Open bankruptcyAre you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- French-language Enterprise Court of Brussels
- Declared bankrupt
- 27 August 2026
- Supervising judge
- Le Grelle Bruno
- Official Gazette
- 02-09-2026 (pdf) ↗search the document for 2026/136028
Deadlines
- Appeal or third-party opposition until
- passed on 17 September 2026Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
- File the claim in RegSol, the Belgian insolvency register, until
- passed on 26 September 2026art. XX.104 and XX.155, Code of Economic Law
- First verification report
- passed on 7 October 2026Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
- Late claim until
- 27 August 2027A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law
Trustee
- Christophe BourtembourgAvenue Louise 283/19, 1050 Ixelles- law.eu
What to do now
- Stop delivering on credit unless the trustee agrees.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the trustee's reports appear there.
These deadlines come from the publication of the judgment. Check them in RegSol before you file anything; once a deadline has passed, it is too late for that step.
File a claim in RegSol ↗
Follow
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company
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Overview
Activity
Site preparation
NACE 43120
1 site
Size
€160,696total assets 2024
- Equity
- €27,188
- Loss
- -€3,949
Financial health
Open bankruptcy: no score
Signalsraises riskOpen bankruptcyPersistent lossesWeak solvency vs sectorAnnual accounts not filed2024 accounts filed 54 days lateShow the evidence
Signals
Five signals.
raises risk
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€3,949
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 3535 sector peers (2024).
NBB · sector comparisonPosition among 3535 sector peers
Solvency
better than 19%
← weakest
strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 86 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline25-10-2026 today
raises risk · 2024 accounts filed 54 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-09-2025, 54 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
54 days late
2023
175 days late
2022
3 days early
2021
33 days early
2020
26 days early
2019
16 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 25 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
- OpeningFrench-language Enterprise Court of Brussels…
- Registered officeRegistered-office move
- Annual accounts filedfinancial year 2024 · full…
Key points
By topic
Board & ownership
- Board
- 1 member
- Eduardo BORGES CALIXTODirector
Timeline
- Events
- 19
- Since
- 2016
- 30-05-2025Capital & shares · Resignations & appointments
- 13-02-2025Capital & shares · Resignations & appointments
- 22-01-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Site preparationNACE 43120
- Founded
- 07-05-2015
- Year ends
- 31-12
- Peppol
- Still in the Peppol directory
Articles of association
- Provisions read
- 25
- Annual meeting
- First Monday of June at 18:00
- Purpose
- “L'achat,la vente,la location,la gérance,le courtage et l'entretien d'immeubles; La…” (deed in French)
Key facts about EL SHADAY
- What is the company number of EL SHADAY?
- 0629.859.404. In Belgium the VAT number is the company number with BE in front: BE 0629.859.404.
- Where was EL SHADAY based?
- The last known address of the registered office is Industrielaan 9, 1070 Anderlecht.Company details
- What does EL SHADAY do?
- According to the KBO register, the main activity is site preparation (NACE 43120).
- What is the legal form of EL SHADAY?
- Private limited company (BV).
- When was EL SHADAY founded?
- On 07-05-2015.
- Is EL SHADAY still active?
- A bankruptcy is running: a bankruptcy trustee manages the company.
- What is the turnover of EL SHADAY?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is EL SHADAY profitable?
- In financial year 2024, EL SHADAY made a loss of €3,949.
- Where can I find the annual accounts of EL SHADAY?
- EL SHADAY filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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- SALIVilvoorde
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- Darimont EntrepriseAns
- MCF CONSTRUCTBrussel
Go further with this company
What became of the directors' other companies?Supplier due diligence Who ran this company, and where was it based, on a given date before it ended?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?Process a list How is the site preparation sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.