ELEMGO IMMO
Dissolution or liquidationSummary
The KBO register records for ELEMGO IMMO the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2020 annual accounts show equity of €130,562 and a net result of -€23,606.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Late accounts filing
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date How is the Renting and operating of own or leased residential real estate, excluding social housing sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2020, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€23,606
2019 · €7,014
Working capital
€386,845▲ 57.9%
2019 · €244,958
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201820192020
Operating result€85,121-€24,089▼ 71.7%-€493
Net result€70,560-€7,014▼ 90.1%-€23,606within the sector's middle half
Equity€147,154-€154,168▲ 4.8%€130,562within the sector's middle half▼ 15.3%
Total assets€1.3m-€1.4m▲ 9.1%€1.2mwithin the sector's middle half▼ 13.0%
Debt€1.1m-€1.2m▲ 9.7%€1.1m▼ 12.7%
Working capital-€26,254-€244,958€386,845within the sector's middle half▲ 57.9%
Solvency11.7%-11.2%▼ 0.5pp10.9%within the sector's middle half▼ 0.3pp
Current ratio0.91-1.90▲ 0.994.36above the sector's middle half▲ 2.45
Return on assets (ROA)5.6%-0.5%▼ 5.1pp-2.0%below the sector's middle half▼ 2.5pp
Staff (FTE)7.9-
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2020: a loss of €493 after €24,089 in 2019, the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €1.2m
Fixed assets
€695,154 ▼ 19.2%
Current assets
€502,051 ▼ 2.6%
Equity and liabilities €1.2m
Equity
€130,562 ▼ 15.3%
Debt
€1.1m ▼ 12.7%
Debt's share of the balance-sheet total rises from 88.8% to 89.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€45,000▼
2019 · €79,800
Cash flow
€21,887▼
2019 · €62,725
Debt to equity
8.17▲
2019 · 7.93
ROE
-18.1%▼
2019 · 4.5%
Interest coverage
1.95▼
2019 · 3.63
Debt ≤ 1 year
€115,207▼
2019 · €270,708
Debt > 1 year
€946,437=
2019 · €946,437
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €40,854 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €122,289 | €55,711 | €45,493 | ▼ 18.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €57,370 | - | - |
| Other operating charges640/8 | - | €46,665 | - | - |
| Gross operating margin9900 | €596,061 | €224,689 | €45,000 | ▼ 80.0% |
| Operating profit (loss)9901 | €85,121 | €24,089 | -€493 | ▼ 102% |
| Financial income75/76B | - | €5,598 | - | - |
| Recurring financial income75 | €2,047 | €5,598 | - | - |
| Non-recurring financial income76B | - | €5,598 | - | - |
| Financial charges65/66B | - | €21,973 | €23,113 | ▲ 5.2% |
| Recurring financial charges65 | €17,412 | €21,973 | €23,113 | ▲ 5.2% |
| Profit (loss) for the period before taxes9903 | €69,756 | €7,714 | -€23,606 | ▼ 406% |
| Income taxes67/77 | €49 | €700 | - | - |
| Profit (loss) for the period9904 | €70,560 | €7,014 | -€23,606 | ▼ 437% |
| Profit (loss) for the period to be appropriated9905 | €77,290 | €7,014 | -€23,606 | ▼ 437% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €1.3m | €1.4m | €1.2m | ▼ 13.0% |
| Fixed assets21/28 | €986,331 | €860,647 | €695,154 | ▼ 19.2% |
| Intangible fixed assets21 | €1,132 | - | - | - |
| Tangible fixed assets22/27 | €981,320 | €856,768 | €691,275 | ▼ 19.3% |
| Land and buildings22 | - | €750,755 | €597,432 | ▼ 20.4% |
| Plant, machinery and equipment23 | - | €11,700 | €0 | ▼ 100.0% |
| Furniture and vehicles24 | - | €81,674 | €80,640 | ▼ 1.3% |
| Leasing and similar rights25 | - | €12,640 | €13,203 | ▲ 4.5% |
| Financial fixed assets28 | €3,879 | €3,879 | €3,879 | = |
| Current assets29/58 | €275,108 | €515,666 | €502,051 | ▼ 2.6% |
| Stocks and contracts in progress3 | €57,370 | - | - | - |
| Amounts receivable within one year40/41 | €189,652 | €506,500 | €497,363 | ▼ 1.8% |
| Trade receivables40 | - | €506,500 | €497,363 | ▼ 1.8% |
| Cash at bank and in hand54/58 | €23,398 | €4,479 | - | - |
| Deferred charges and accrued income490/1 | - | €4,688 | €4,688 | = |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €1.3m | €1.4m | €1.2m | ▼ 13.0% |
| Equity10/15 | €147,154 | €154,168 | €130,562 | ▼ 15.3% |
| Contributions10/11 | €65,000 | €65,000 | €65,000 | = |
| Capital10 | - | €65,000 | €65,000 | = |
| Issued capital100 | - | €65,000 | €65,000 | = |
| Reserves13 | €141,883 | €141,883 | €141,883 | = |
| Non-distributable reserves130/1 | - | €6,500 | €6,500 | = |
| Legal reserve130 | - | €6,500 | €6,500 | = |
| Tax-exempt reserves132 | - | €65,383 | €65,383 | = |
| Distributable reserves133 | - | €70,000 | €70,000 | = |
| Profit (loss) carried forward14 | -€94,337 | -€87,323 | -€110,929 | ▼ 27.0% |
| Investment grants15 | - | €34,608 | €34,608 | = |
| Amounts payable17/49 | €1.1m | €1.2m | €1.1m | ▼ 12.7% |
| Amounts payable after more than one year17 | €807,923 | €946,437 | €946,437 | = |
| Financial debts170/4 | - | €683,587 | €683,587 | = |
| Other amounts payable178/9 | - | €262,850 | €262,850 | = |
| Amounts payable within one year42/48 | €301,363 | €270,708 | €115,207 | ▼ 57.4% |
| Current portion of amounts payable after more than one year42 | - | €136,626 | €401 | ▼ 99.7% |
| Financial debts43 | - | - | €27,332 | - |
| Credit institutions430/8 | - | - | €27,332 | - |
| Trade debts44 | €161,743 | €110,020 | €77,245 | ▼ 29.8% |
| Suppliers440/4 | - | €110,020 | €77,245 | ▼ 29.8% |
| Taxes, remuneration and social security45 | - | €13,833 | - | - |
| Taxes450/3 | - | €13,833 | - | - |
| Other amounts payable47/48 | - | €10,229 | €10,229 | = |
| Accrued charges and deferred income492/3 | - | €5,000 | €5,000 | = |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €70,560 | €7,014 | -€23,606 | ▼ 437% |
| + Depreciation and write-downs630 | €122,289 | €55,711 | €45,493 | ▼ 18.3% |
| Operating cash flow (approximation) | €192,848 | €62,725 | €21,887 | ▼ 65.1% |
| Investment in fixed assets (approximation) | - | €69,973 | €120,000 | ▲ 71.5% |
| Change in cash | - | -€18,920 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
08-09
KBO administration
Late accounts filing
2023
26-01
Bankruptcy
Judicial dissolution, liquidator appointed
Tribunal de l’entreprise de Liège, division Liège · event 18-01-2023
2022
21-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 417 days late
21-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 782 days late
2020
31-12
Financial
Weakest financial yearnet -€23,606
Net result drops to -€23,606, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 4.36
Current ratio from 1.90 to 4.36; short-term debt falls from €270,708 to €115,207.
2019
31-12
Financial
Liquidity doublescurrent ratio 1.90
Current ratio from 0.91 to 1.90; short-term debt falls from €301,363 to €270,708.
31-12
Financial
Equity above €150,000Eq €154,168 ▲4.8%
2 profitable years in a row build equity to €154,168.
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 58 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
05-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Show earlier events
2015
23-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
28-06
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
03-07
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
21-06
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts
We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
12 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, Theux · 1 establishment unit since 1994
Ground area
1,397 m²
Building footprint
155 m²
Volume, LiDAR
1,213 m³
Parcel 63060A0192/00M000, Wallonia · tallest building 9.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ELEMGO IMMO
since 19942.069.121.252
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63060A0192/00M000 | Wallonia | 1,397 m² | 1 · 155 m² | 9.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,145 companies in sector 68201 we hold annual accounts for 6,776. 4,439 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded24-02-1994
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.