ELEMENTAS
Dissolved and wound up on 17-04-2026Overview
Overview
Official details
Source: KBO- Status
- Dissolved and wound up on 17-04-2026 deed of 22-05-2026
- Legal form
- Private limited company (pre-2019)
- Activity
- No activity registered in the KBO
- Financial year end
- 30 September
- Peppol
- Not found in the Peppol Directory
Financial position
No score
Annual accounts to 30-09-2025
- Gross margin
- -€5,162
- ▲ 22.5%
- Loss
- €5,664
- Equity
- -€14,320
- ▼ 65.4%
- Total assets
- €2,742
- ▲ 94.7%
Turnover not published (micro format)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 16-02-2026 PDF all 15 filings
Equity
-€14,320▼ 65.4%
2024 · -€8,656
Total assets
€2,742▲ 94.7%
2024 · €1,408
Net result
-€5,664
2024 · €19,515
Working capital
-€15,376▼ 79.6%
2024 · -€8,562
Multi-year overview
2019 to 2025, 7 financial yearsOperating result
-€5,609
2025
20192025
Net result
-€5,664
2025
20192025
Equity
-€14,320
▼ 65.4%
2025
20192025
Total assets
€2,742
▲ 94.7%
2025
20192025
Debt
€17,062
▲ 69.5%
2025
20192025
Working capital
-€15,376
▼ 79.6%
2025
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€13,314--€17,113€164-€6,858-€3,544▲ 48.3%€15,773-€5,609
Net result€5,462--€17,599-€140▲ 99.2%-€6,899▼ 4,813%-€48,914▼ 609%€19,515-€5,664
Equity€45,381-€27,782▼ 38.8%€27,642▼ 0.5%€20,743▼ 25.0%-€28,171-€8,656▲ 69.3%-€14,320▼ 65.4%
Total assets€98,927-€104,879▲ 6.0%€84,692▼ 19.2%€65,886▼ 22.2%€11,407▼ 82.7%€1,408▼ 87.7%€2,742▲ 94.7%
Debt€53,546-€77,097▲ 44.0%€57,050▼ 26.0%€45,142▼ 20.9%€39,578▼ 12.3%€10,064▼ 74.6%€17,062▲ 69.5%
Working capital-€5,715--€22,403▼ 292%-€22,525▼ 0.5%-€29,423▼ 30.6%-€33,084▼ 12.4%-€8,562▲ 74.1%-€15,376▼ 79.6%
The operating result for 2025 is a loss of €5,609, after a profit of €15,773 in 2024. It is the lowest result since 2022.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
Assets €2,742
Fixed assets
€1,152
Current assets
€1,590
Equity and liabilities
Equity-€14,320
Debt€17,062
Equity is negative. Debt (€17,062) exceeds the balance-sheet total (€2,742).
Key figures and ratios
EBITDA
-€5,447
Cash flow
-€5,502
Interest coverage
-99.80
Debt ≤ 1 year
€16,966▲
2024 · €9,969
The ratios are withheld because a balance sheet total of €2,742 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.
Investments
| Item | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €1,314 |
| Depreciation and write-downs of the year | - | - | - | €162 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,038 | €423 | €423 | - | - | - | €162 | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | -€2,934 | -€22,555 | €0 | - |
| Other operating charges640/8 | - | - | - | €112 | €114 | €123 | €285 | ▲ 131% |
| Gross operating margin9900 | €15,888 | €13,645 | €807 | -€6,746 | -€6,363 | -€6,659 | -€5,162 | ▲ 22.5% |
| Operating profit (loss)9901 | €13,314 | -€17,113 | €164 | -€6,858 | -€3,544 | €15,773 | -€5,609 | - |
| Financial income75/76B | - | - | - | - | €1 | €8,820 | €0 | ▼ 100% |
| Recurring financial income75 | €0 | - | - | - | €1 | €8,820 | €0 | ▼ 100% |
| Financial charges65/66B | - | - | - | €40 | €45,371 | €5,079 | €55 | ▼ 98.9% |
| Recurring financial charges65 | €3,292 | €90 | €79 | €40 | €121 | €79 | €55 | ▼ 30.5% |
| Non-recurring financial charges66B | - | - | - | - | €45,250 | €5,000 | €0 | ▼ 100% |
| Profit (loss) for the period before taxes9903 | €10,022 | -€17,204 | €85 | -€6,899 | -€48,914 | €19,515 | -€5,664 | - |
| Income taxes67/77 | €4,559 | €395 | €226 | - | - | - | - | - |
| Profit (loss) for the period9904 | €5,462 | -€17,599 | -€140 | -€6,899 | -€48,914 | €19,515 | -€5,664 | - |
| Profit (loss) for the period to be appropriated9905 | €5,462 | -€17,599 | -€140 | -€6,899 | -€48,914 | €19,515 | -€5,664 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €98,927 | €104,879 | €84,692 | €65,886 | €11,407 | €1,408 | €2,742 | ▲ 94.7% |
| Fixed assets21/28 | €51,096 | €50,673 | €50,250 | €50,250 | €5,000 | €0 | €1,152 | - |
| Tangible fixed assets22/27 | €846 | €423 | - | - | - | - | €1,152 | - |
| Furniture and vehicles24 | - | - | - | - | - | - | €1,152 | - |
| Financial fixed assets28 | €50,250 | €50,250 | €50,250 | €50,250 | €5,000 | €0 | - | - |
| Current assets29/58 | €47,831 | €54,206 | €34,442 | €15,636 | €6,407 | €1,408 | €1,590 | ▲ 12.9% |
| Amounts receivable within one year40/41 | €40,215 | €50,917 | €33,056 | €15,354 | €5,996 | €1,266 | €383 | ▼ 69.8% |
| Trade receivables40 | - | - | - | €15,250 | €5,684 | €0 | €281 | - |
| Other amounts receivable41 | - | - | - | €104 | €312 | €1,266 | €102 | ▼ 92.0% |
| Cash at bank and in hand54/58 | €7,161 | €2,834 | €1,299 | €282 | €412 | €142 | €1,207 | ▲ 752% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €98,927 | €104,879 | €84,692 | €65,886 | €11,407 | €1,408 | €2,742 | ▲ 94.7% |
| Equity10/15 | €45,381 | €27,782 | €27,642 | €20,743 | -€28,171 | -€8,656 | -€14,320 | ▼ 65.4% |
| Contributions10/11 | €6,200 | - | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €39,181 | €38,953 | €38,953 | €38,953 | €38,953 | €38,953 | €38,953 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €37,093 | €37,093 | €37,093 | €37,093 | = |
| Profit (loss) carried forward14 | - | -€17,371 | -€17,512 | -€24,410 | -€73,324 | -€53,809 | -€59,473 | ▼ 10.5% |
| Amounts payable17/49 | €53,546 | €77,097 | €57,050 | €45,142 | €39,578 | €10,064 | €17,062 | ▲ 69.5% |
| Amounts payable within one year42/48 | €53,546 | €76,609 | €56,966 | €45,058 | €39,492 | €9,969 | €16,966 | ▲ 70.2% |
| Trade debts44 | €1,117 | €3,498 | €1,477 | €1,155 | €403 | €223 | €218 | ▼ 2.3% |
| Suppliers440/4 | - | - | - | €1,155 | €403 | €223 | €218 | ▼ 2.3% |
| Taxes, remuneration and social security45 | - | - | - | - | - | - | €157 | - |
| Taxes450/3 | - | - | - | - | - | - | €157 | - |
| Other amounts payable47/48 | - | - | - | €43,903 | €39,089 | €9,747 | €16,591 | ▲ 70.2% |
| Accrued charges and deferred income492/3 | - | - | - | €84 | €86 | €95 | €96 | ▲ 1.6% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,462 | -€17,599 | -€140 | -€6,899 | -€48,914 | €19,515 | -€5,664 | - |
| + Depreciation and write-downs630 | €2,038 | €423 | €423 | - | - | - | €162 | - |
| Operating cash flow (approximation) | €7,500 | -€17,176 | €283 | -€6,899 | -€48,914 | €19,515 | -€5,502 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €45,250 | €5,000 | -€1,314 | - |
| Change in cash | - | -€4,327 | -€1,535 | -€1,017 | €130 | -€270 | €1,065 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 16-02-2026 | 2026-00039022 | |
| 30-09-2024 | micro format | 23-05-2025 | 2025-00114181 | |
| 30-09-2023 | micro format | 06-03-2024 | 2024-00043058 | |
| 30-09-2022 | micro format | 27-04-2023 | 2023-00078798 | |
| 30-09-2021 | micro format | 24-03-2022 | 2022-09100149 | |
| 30-09-2020 | micro format | 25-03-2021 | 2021-08400548 | |
| 30-09-2019 | micro format | 21-04-2020 | 2020-09600087 | |
| 30-09-2018 | micro format | 07-03-2019 | 2019-06600167 | |
| 30-09-2017 | micro format | 21-03-2018 | 2018-07300518 | |
| 30-09-2016 | abbreviated format | 22-02-2017 | 2017-05000088 |
Board & ownership
Directors
Directors
1 director, last change in 2026
Windey Jan
Current
Director · listed in the 2025 annual accounts, filed on 16-02-2026
Owners and capital
Owners
Mandate history
2 people, 1 in office
- Board
- mandate already running before its first mention
| Name | Functions and periods |
|---|---|
| Windey Jan |
|
| bestuurder |
|
Articles of association
- Custody of recordsThe books and records are kept for at least five years after liquidation. The articles set where.
- “Zetel van de vennootschap, De boeken en bescheiden van de vennootschap gedurende ten minste 5 jaar zullen worden neergelegd en bewaard op de…”
Articles of association, deed of 22-05-2026 (in Dutch)
Network & group
ELEMENTAS shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of ELEMENTAS. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Deeds, filings and financial milestones
Deadline for the 2026 accounts:
2026
22-05
Gazette deed
Dissolution with immediate closure of the liquidationDissolved and wound up in a single deed on 17-04-2026 · Resignation: bestuurder (director) · Director discharge: bestuurder5 points ▸
Gazette deed
Dissolution with immediate closure of the liquidation
Dissolved and wound up in a single deed on 17-04-2026 · Resignation: bestuurder (director) · Director discharge: bestuurder5 points ▸
- General meeting, 17-04-2026
- Dissolution, 17-04-2026
- Liquidation closure, 17-04-2026
- Director resignation, bestuurder
- Director discharge, bestuurder
- The deed holds 8 more points.
16-02
micro format · 73 days before the deadline
2025
23-05
micro format · 23 days late
2024
30-09
Financial
Back to profitnet €19,515
The net result is €19,515, after 4 loss-making years.
06-03
micro format · 55 days before the deadline
2023
30-09
Financial
Weakest financial yearnet -€48,914
The net result drops to -€48,914, the lowest from 2019 to 2025.
27-04
micro format · 3 days before the deadline
2022
24-03
micro format · 37 days before the deadline
2021
25-03
micro format · 36 days before the deadline
2020
21-04
micro format · 9 days before the deadline
2019
07-03
micro format · 54 days before the deadline
2018
21-03
micro format · 40 days before the deadline
2017
22-02
abbreviated format · 67 days before the deadline
2010
12-11
3 publications in the Belgian Official Gazette, the last on 22-05-2026
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Inactive
Dissolved and wound up on 17 April 2026
ELEMENTAS has not been in the KBO register since 13 May 2026.
- Status
- Inactiveout of the register since 13 May 2026
- Reason
- Dissolved and wound up in a single deedBelgian Official Gazette, 22 May 2026 · deed
- Last annual accounts
- financial year to 30 September 2025
- Last registered office
- Don Boscolaan 6, 8500 Kortrijkas published on 22 May 2026
- Legal form
- Private limited company (pre-2019)
- Active since
- 9 November 2010
Sites & property
Location
Buildings and parcels at the address
Ground area
1,030 m²
Building footprint
215 m²
Building volume
1,095 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 34022E1017/00F000 | Flanders | 1,030 m² | 1 · 215 m² | 8.7 m · 2 |