ELDAWI
Open bankruptcyA bankruptcy procedure is open for ELDAWI according to publications in the Belgian State Gazette; curator: CHARLOTTE PIERS. The 2024 annual accounts show equity of €44k and a net result of €12k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-09-2025, 51 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
51 d late
2023
93 d late
2022
124 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€76k▲ 25.6%
2023 · €61k
2022: €4k
2023: €61k
2022 → 2024
EBIT margin
20.1%▼ 13.4pp
2023 · 33.5%
2022: -115.3%
2023: 33.5%
2022 → 2024
Net result
€12k▼ 25.2%
2023 · €16k
2022: €-4k
2023: €16k
2022 → 2024
Working capital
€41k▲ 56.4%
2023 · €26k
2022: €9k
2023: €26k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Turnover€4k-€61k▲ 1,574%€76k▲ 25.6%
Equity€16k-€32k▲ 102%€44k▲ 37.7%
Operating result€-4k-€20k€15k▼ 24.6%
Net result€-4k-€16k€12k▼ 25.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 25% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €82k
Fixed assets
€3k▼ 50.0%
Current assets
€79k▲ 38.1%
Equity and liabilities €82k
Equity
€44k▲ 37.7%
Debt
€38k▲ 22.4%
The debt ratio falls from 49.0% to 46.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€18k▼
2023 · €23k
Cash flow
€15k▼
2023 · €19k
Solvency
54.0%▲
2023 · 51.0%
Current ratio
2.10▲
2023 · 1.86
Quick ratio
2.10▲
2023 · 1.86
Debt / equity
0.85▼
2023 · 0.96
ROE
27.4%▼
2023 · 50.5%
ROA
14.8%▼
2023 · 25.8%
Interest coverage
129.02▼
2023 · 225.09
Debt
€38k▲
2023 · €31k
Debt ≤ 1 year
€38k▲
2023 · €31k
Income taxes
€3k▼
2023 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€63k€82k▲
Fixed assets21/28€6k€3k▼
Tangible fixed assets22/27€6k€3k▼
Furniture and vehicles24€6k€3k▼
Current assets29/58€57k€79k▲
Amounts receivable within one year40/41€31k€52k▲
Trade receivables40€5k€3k▼
Other amounts receivable41€26k€49k▲
Cash at bank and in hand54/58€26k€27k▲
Equity and liabilities
Total equity and liabilities10/49€63k€82k▲
Equity10/15€32k€44k▲
Contributions10/11€20k€20k=
Outside capital11€20k€20k=
Other1109/19€20k€20k=
Profit (loss) carried forward14€12k€24k▲
Amounts payable17/49€31k€38k▲
Amounts payable within one year42/48€31k€38k▲
Trade debts44€23k€26k▲
Suppliers440/4€23k€26k▲
Taxes, remuneration and social security45€8k€11k▲
Taxes450/3€8k€11k▲
Income statement
Code20232024
Turnover70€61k€76k▲
Goods, raw materials, services and sundry goods60/61€40k€58k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k=
Other operating charges640/8-€163
Gross operating margin9900€23k€18k▼
Operating profit (loss)9901€20k€15k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€102€140▲
Recurring financial charges65€102€140▲
Profit (loss) for the period before taxes9903€20k€15k▼
Income taxes67/77€4k€3k▼
Profit (loss) for the period9904€16k€12k▼
Profit (loss) for the period to be appropriated9905€16k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€12k€24k▲
Profit (loss) brought forward from the previous period14P€-4k€12k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
22-06
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · ELDAWI BV KOEKOEK- STRAAT 17/1, 1755 PAJOTTEGEM · event 16-06-2026
2025
20-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 51 days late
2024
01-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 93 days late
2023
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
02-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 124 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Gooik · 1 establishment unit since 2022
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.
Koekoekstraat 17/11755 GooikGround area
680 m²
Building footprint
386 m²
Parcel 23024C0066/00L003, Flanders. Linked by address, not a title deed.
1 establishment unit
ELDAWI
since 20222.335.273.317
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23024C0066/00L003 | Flanders | 680 m² | 1 · 386 m² | - |
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
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CHARLOTTE PIERS GROENKRAAGLAAN 3,
1170 BRUSSEL 17 |
16-06-2026 → present |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-09-2022
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:ibrahimeldawi@gmail.com
E-mail:info@abfc.be
Phone:026445134