Active BE 0877.995.597Private limited company (pre-2019)Open bankruptcy

ELEDEK

Avenue du 11e Zouaves 29 ·1342 Ottignies-Louvain-la-Neuve, Belgium· 20 yrs active

Sector: Algemene elektrotechnische installatiewerken (43211)

Conclusion Checked

A bankruptcy procedure is open for ELEDEK according to publications in the Belgian State Gazette. The 2020 annual accounts show equity of €140k and a net result of €132k.

Based on the State Gazette, CBE and 3 annual accounts.

Key figures

Equity	€140k
Net result	€132k
Better than sector	79%
Active	20 yrs

Snowflake analysis 5 of 5 axes measured · computed by Checked

44 / 100

Fragile profile, watch stability in particular.

All 5 axes are computed from data Checked has read.

Health 2

Profitability 67

Solvency 100

Growth 52

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· Open bankruptcy (+50)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2020 · computed

2 / 100 Critical

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2020 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 22-03-2022 with the NBB · fiscal year 2020 · volledig

RevenueOperating resultNet result

Sector comparison

Fiscal year 2020 · NACE 43, Specialised construction · compared within the same schema type (full schema)

Metric	This company	Sector median	Position in the sector
Solvency	58.3%	31.3%	better than 79% of 293 sector peers
Net result	€-12k	€16k	better than 15% of 293 sector peers
Equity	€140k	€127k	better than 53% of 293 sector peers
Gross operating margin	€-12k	€145k	better than 5% of 267 sector peers
Total assets	€240k	€540k	better than 33% of 293 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Revenue

€73k

-72.9% 18-20

EBITDA

€-16k

- 18-20

Net profit

€132k

-8.4% 18-20

Cash flow

€133k

-9.7% 18-20

Total assets

€240k

-4.1% 18-20

Equity

€140k

-8.0% 18-20

Working capital

€132k

-10.7% 18-20

Employees (FTE)

3

0.0% 18-20

Show 12 other metrics

Income taxes

€631

-95.6% 18-20

Debt

€100k

+1.9% 18-20

Debt ≤ 1y

€100k

+1.9% 18-20

Debt > 1y

€11k

- 18-20

Current ratio

2.32

-7.5% 18-20

Quick ratio

2.32

-7.5% 18-20

Solvency

58.3%

-4.0% 18-20

Debt / equity

0.10

- 18-20

ROE

94.2%

-0.5% 18-20

ROA

54.9%

-4.5% 18-20

Net margin

180.1%

+237.5% 18-20

EBITDA margin

-21.3%

- 18-20

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2020
Deposit	volledig
Revenue	€73k
EBITDA	€-16k
Net profit	€132k
Cash flow	€133k
Staff costs	-
Income taxes	€631
Dividends	-
Total assets	€240k
Equity	€140k
Debt	€100k
of which ≤ 1y	€100k
of which > 1y	-
Working capital	€132k
Employees (FTE)	-

Ratios (computed)

	2020
Current ratio	2.32
Quick ratio	2.32
Working capital ratio	55.2%
Solvency	58.3%
Debt / equity	-
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	180.1%
ROA	54.9%
ROE	94.2%
EBITDA margin	-21.3%
Days sales outstanding	1117d
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2020

Assets

Fixed assets €7k · 3.1% Current assets €233k · 96.9%

Equity & liabilities

Equity €140k · 58.3% Debt €100k · 41.7%

Full annual accounts (25 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2020
Balance sheet, Assets
TOTAL ASSETS	20/58	€240k
Fixed assets	21/28	€7k
Tangible fixed assets	22/27	€4k
Financial fixed assets	28	€3k
Current assets	29/58	€233k
Amounts receivable within one year	40/41	€224k
Investments	50/53	€520
Cash & bank	54/58	€7k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€240k
Equity	10/15	€140k
Contributions / capital	10/11	€6k
Reserves	13	€2k
Accumulated profits (losses)	14	€132k
Amounts payable	17/49	€100k
Amounts payable within one year	42/48	€100k
Trade debts payable within one year	44	€64k
Income statement
Turnover	70	€73k
Gross operating margin	9900	€-12k
Operating result	9901	€-17k
Financial income	75	€9k
Financial charges	65	€3k
Result before taxes	9903	€-11k
Income taxes	67/77	€631
Net result for the period	9904	€-12k
Result to be appropriated	9905	€-12k

This table shows the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	CHRISTOPHE BAUDOUX RUE DE CLAIRVAUX 40, 1348 LOUVAIN-LA-NEUVE	12-09-2022 → present	Belgian State Gazette

Legal Structure

NACE primary	Algemene elektrotechnische installatiewerken(43211)
Legal form	Private limited company (pre-2019)(015)
Incorporation	19-12-2005
Status	Active
Postal code	1342
First BS signal	19-09-2022
Latest BS signal	19-09-2022

Establishment units 1 location

ELEDEK

Avenue du 11e Zouaves 29, 1342 Ottignies-Louvain-la-NeuveGroothandel in onderdelen en accessoires van auto's inclusief de groothandel in tweedehands onderdelen

since 20062.150.747.247

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2022

19-09-2022

Bankruptcy Opening

Tribunal de l’entreprise du Brabant wallon · ELEDEK SPRL AVENUE DU 11E ZOUAVES 29, 1342 OTTIGNIES-LOUVAIN-LA-NEUVE · event 12-09-2022

22-03-2022