ELEM CONCEPT
Open bankruptcyA bankruptcy procedure is open for ELEM CONCEPT according to publications in the Belgian State Gazette; curator: CHRISTOPHE BOURTEMBOURG.
Summary
The 2023 annual accounts show negative equity (€-13k) and a net result of €-4k.
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 31-12-2023 was due by 31-07-2024 and was filed on 15-07-2024, 16 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
16 d early
2022
38 d late
2021
32 d late
2020
149 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, full schema
Turnover
€28k▲ 503%
2022 · €5k
2020: €7k
2021: €470
2022: €5k
2020 → 2023
EBIT margin
-13.2%▲ 145.3pp
2022 · -158.4%
2020: 34.7%
2021: -1257.5%
2022: -158.4%
2020 → 2023
Net result
€-4k▲ 47.0%
2022 · €-8k
2020: €2k
2021: €-6k
2022: €-8k
2020 → 2023
Working capital
€-13k▼ 44.0%
2022 · €-9k
2020: €4k
2021: €-2k
2022: €-9k
2020 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2020202120222023Trend
Turnover€7k-€470▼ 93.1%€5k▲ 877%€28k▲ 503%
Equity€4k-€-2k€-9k▼ 489%€-13k▼ 44.0%
Operating result€2k-€-6k€-7k▼ 23.1%€-4k▲ 49.8%
Net result€2k-€-6k€-8k▼ 27.4%€-4k▲ 47.0%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4k in 2023 against €7k in 2022; the loss shrinks.
Key figures and ratios
Debt
€13k▲
2022 · €10k
Debt ≤ 1 year
€13k▲
2022 · €10k
Ratios withheld: a balance sheet total of €155 is too small for a meaningful ratio.
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 · 2023 against 2022 · 28 lines
Balance sheet
Code20222023
Assets
Total assets20/58€1k€155▼
Current assets29/58€1k€155▼
Amounts receivable within one year40/41€618-
Other amounts receivable41€618-
Cash at bank and in hand54/58€624€155▼
Equity and liabilities
Total equity and liabilities10/49€1k€155▼
Equity10/15€-9k€-13k▼
Contributions10/11€2k€2k=
Profit (loss) carried forward14€-11k€-15k▼
Amounts payable17/49€10k€13k▲
Amounts payable within one year42/48€10k€13k▲
Current portion of amounts payable after more than one year42€8-
Trade debts44€4k-
Suppliers440/4€4k-
Taxes, remuneration and social security45-€404
Taxes450/3-€404
Other amounts payable47/48€6k€13k▲
Income statement
Code20222023
Turnover70€5k€28k▲
Goods, raw materials, services and sundry goods60/61€12k€31k▲
Gross operating margin9900€-7k€-4k▲
Operating profit (loss)9901€-7k€-4k▲
Financial charges65/66B€251€342▲
Recurring financial charges65€251€342▲
Profit (loss) for the period before taxes9903€-8k€-4k▲
Profit (loss) for the period9904€-8k€-4k▲
Profit (loss) for the period to be appropriated9905€-8k€-4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-11k€-15k▼
Profit (loss) brought forward from the previous period14P€-4k€-11k▼
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
03-09
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL ELEM CONCEPT CH DE NEERSTALLE 184, 1190 FOREST · event 28-08-2026
2024
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
07-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 38 days late
2022
31-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series.
01-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 32 days late
2021
27-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 149 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Vorst · 1 establishment unit since 2020
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.
Neerstalse Steenweg 1841190 VorstGround area
4,741 m²
Building footprint
3,027 m²
Volume, LiDAR
14,259 m³
2 parcels, Brussels, Flanders · tallest building 11.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ELEM CONCEPT
since 20202.300.269.381
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21384D0305/00G000 | Brussels | 4,674 m² | 1 · 2,957 m² | 11.9 m · 2 fl. |
| 23642D0402/00F000 | Flanders | 67 m² | 1 · 70 m² | 9.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 | CHRISTOPHE BOURTEMBOURG AVENUE
LOUISE 283/19, 1050 IXELLES- christophe.bourtembourg@everest-
law.eu |
28-08-2026 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteVilvoorde2.300.269.381
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Of 21,888 companies in sector 56112 we hold annual accounts for 9,780. 4,879 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-02-2020
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
46190Agents in non-specialised wholesale trade
52100Warehousing and storage
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:kingconcept@outlook.fr
Phone:0488335757