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ELCO PCB

Open bankruptcy
Public limited companyfounded 2019Blauwfazantjesstraat 5, 7700 Mouscron, BelgiumKBO/BCE: BE 0719.407.131

A bankruptcy procedure is open for ELCO PCB according to publications in the Belgian State Gazette; curator: OLIVIER MERCIER.

Summary

The 2022 annual accounts show negative equity (-€2.1m) and a net result of -€1.0m.

ELCO PCBOpen bankruptcy

Are 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
Enterprise Court of Hainaut, Tournai division
Declared bankrupt
20 February 2024
Supervising judge
Francis Walcarius
Official Gazette
01-03-2024 (pdf) ↗search the document for 2024/108605

Deadlines

Provisional date payments stopped
20 February 2024A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 16 March 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 21 March 2024art. XX.104 and XX.155 CEL
First verification report
passed on 11 April 2024Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 20 February 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. 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.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Overview

What they do
Manufacture of computer, electronic and optical products
NACE 26110
1 site
How big
€938,812total assets 2022
Staff
20.7 FTE
Equity
-€2.1m
Loss
-€1.0m
Financially healthy?
Open bankruptcy: no score
Who decides
Accounts 792 d overdue0 of 3 deeds read
Signals- Open bankruptcyFiled after the deadlineShow the evidence

Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator. The KBO register also records: open bankruptcy.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 22-08-2023, 22 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filings
Deviation from the deadline
2022
22 d late
2021
19 d late
2020
16 d late
2019
18 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 19 days after the deadline; the sector median for financial year 2022 is 5 days before the deadline, and 40% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. OpeningTribunal de l’entreprise du Hainaut…
  2. Annual accounts filedfiscal year 2022 · full…
  3. Weakest financial yearnet -€1.0m

Key points

  • Risk: Declared bankrupttrustee: Olivier Mercier 20-02-2024 View
  • Caution: Result fell in 2022from -€393,928 to -€1.0m ▼ 158% View
  • Total assets 20224 fiscal years filed €938,812 View

By topic

Financials

Fiscal year
2022
Total assets
€938,812
Loss
-€1.0m
Solvency
-228.4%
Total assets▼ 22.3%
Net result
20192022
Go to Financials

Timeline

Events
6
Since
2020
  1. 01-03-2024Opening
  2. 22-08-2023Annual accounts filed
  3. 31-12-2022Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of computer, electronic and optical productsNACE 26110
Founded
25-01-2019
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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