ELEMENTRIK
Open bankruptcyA bankruptcy procedure is open for ELEMENTRIK according to publications in the Belgian State Gazette; curator: TOON BRAWERS.
Summary
The file additionally contains 2 administrative flags. The 2023 annual accounts show negative equity (€-408) and a net result of €-10k.
Signals
Four 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 06-03-2024, 147 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
147 d early
2022
70 d late
2021
92 d late
2020
31 d late
2019
122 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
3 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Address struck×2Address strikeout annulled
Financials · fiscal year 2023, micro schema
Equity
€-408
2022 · €10k
2018: €8k
2019: €5k
2020: €-1k
2021: €8k
2022: €10k
2018 → 2023
Total assets
€2k▼ 88.9%
2022 · €17k
2018: €24k
2019: €18k
2020: €12k
2021: €42k
2022: €17k
2018 → 2023
Net result
€-10k
2022 · €2k
2018: €-5k
2019: €-3k
2020: €-6k
2021: €9k
2022: €2k
2018 → 2023
Working capital
€-408
2022 · €4k
2018: €7k
2019: €6k
2020: €2k
2021: €27k
2022: €4k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€5k-€-1k€8k€10k▲ 28.5%€-408
Operating result€-3k-€-6k▼ 109%€9k€2k▼ 75.0%€-10k
Net result€-3k-€-6k▼ 101%€9k€2k▼ 75.9%€-10k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €10k after €2k in 2022, the lowest result in the available series.
Key figures and ratios
EBITDA
€-8k▼
2022 · €5k
Cash flow
€-8k▼
2022 · €4k
Interest coverage
-57.01▼
2022 · 33.56
Debt
€2k▼
2022 · €7k
Debt ≤ 1 year
€2k▼
2022 · €7k
Ratios withheld: a balance sheet total of €2k 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 · 41 lines
Balance sheet
Code20222023
Assets
Total assets20/58€17k€2k▼
Fixed assets21/28€6k€0▼
Tangible fixed assets22/27€6k€0▼
Plant, machinery and equipment23€6k€0▼
Furniture and vehicles24€200€0▼
Current assets29/58€11k€2k▼
Amounts receivable within one year40/41€703€0▼
Other amounts receivable41€703€0▼
Cash at bank and in hand54/58€10k€2k▼
Deferred charges and accrued income490/1€16€17▲
Equity and liabilities
Total equity and liabilities10/49€17k€2k▼
Equity10/15€10k€-408▼
Contributions10/11€6k€6k=
Reserves13€4k€4k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€0€-10k▼
Amounts payable17/49€7k€2k▼
Amounts payable within one year42/48€7k€2k▼
Trade debts44€383€0▼
Suppliers440/4€383€0▼
Taxes, remuneration and social security45€259€910▲
Taxes450/3€259€910▲
Other amounts payable47/48€6k€1k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k=
Other operating charges640/8€135€147▲
Gross operating margin9900€5k€-8k▼
Operating profit (loss)9901€2k€-10k▼
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€137€139▲
Recurring financial charges65€137€139▲
Profit (loss) for the period before taxes9903€2k€-10k▼
Profit (loss) for the period9904€2k€-10k▼
Profit (loss) for the period to be appropriated9905€2k€-10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2k€-10k▼
Profit (loss) brought forward from the previous period14P€-343€0▲
Transfer to equity691/2€2k€0▼
To other reserves6921€2k€0▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
22-12
KBO administration
Address struck
18-09
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · ELEMENTRIK BVBA UITBREI- DINGSSTRAAT 66, 2600 BERCHEM (ANTWERPEN) · event 11-09-2025
21-02
KBO administration
Address strikeout annulled
17-01
KBO administration
Address struck
2024
06-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-10k ▼569%
Net result drops to €-10k, the lowest in the series.
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 92 days late
2021
31-12
Financial
Back to profitnet €9k
Net result €9k after 3 loss-making years.
31-12
Financial
Liquidity quadruplescurrent ratio 4.45
Current ratio from 1.25 to 4.45.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
Show earlier events
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
29-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 90 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
2015
03-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 3 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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
1 establishment unit since 2011
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.
Ground area
2,603 m²
Building footprint
963 m²
Volume, LiDAR
16,846 m³
2 parcels, Flanders · tallest building 23.9 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
Elementrik, Elementrik Films, Elementrik Records en Elementrik Hyperspace Industries.
since 20112.200.405.408
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11303B0445/00F008 | Flanders | 2,372 m² | 1 · 792 m² | 23.9 m · 7 fl. |
| 13004C0296/00V000 | Flanders | 231 m² | 1 · 171 m² | 9.0 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 | TOON BRAWERS JUSTITIESTRAAT 27 BUS 12,
2018 ANTWERPEN |
11-09-2025 → present |
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Of 3,396 companies in sector 90393 we hold annual accounts for 940. 479 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 (pre-2019)
Founded24-01-2011
Fiscal year end31-12
Activities, NACEBEL 2025
90393Specialised image, lighting and sound technical services
59209Motion picture, video and television programme production, sound recording and music publishing activities
73110Advertising agencies
74201Photography, excluding press photography
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.