ELGANTO
Open bankruptcyA bankruptcy procedure is open for ELGANTO according to publications in the Belgian State Gazette; curator: TOON BRAWERS. The 2025 annual accounts show negative equity (€-257k) and a net result of €-39k.
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-257k
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 28-11-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
287 d late
2023
507 d late
2022
871 d late
2021
1164 d late
2020
13 d late
2019
38 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close23-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€-257k▼ 18.0%
2024 · €-217k
2019: €-52k
2020: €-50k
2021: €-97k
2022: €-126k
2023: €-150k
2024: €-217k
2019 → 2025
Total assets
€161k▼ 11.1%
2024 · €181k
2019: €200k
2020: €181k
2021: €178k
2022: €170k
2023: €193k
2024: €181k
2019 → 2025
Net result
€-39k▲ 41.6%
2024 · €-67k
2019: €-31k
2020: €2k
2021: €-54k
2022: €-29k
2023: €-25k
2024: €-67k
2019 → 2025
Working capital
€-271k▼ 16.3%
2024 · €-233k
2019: €-85k
2020: €-75k
2021: €-120k
2022: €-145k
2023: €-168k
2024: €-233k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-97k-€-126k▼ 29.7%€-150k▼ 19.6%€-217k▼ 44.7%€-257k▼ 18.0%
Operating result€-45k-€-19k▲ 57.1%€-16k▲ 18.4%€-44k▼ 183%€-11k▲ 76.0%
Net result€-54k-€-29k▲ 46.7%€-25k▲ 14.5%€-67k▼ 173%€-39k▲ 41.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €11k in 2025 against €44k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €161k
Fixed assets
€104k▼ 11.7%
Current assets
€57k▼ 10.0%
Key figures and ratios
EBITDA
€3k▲
2024 · €-30k
Cash flow
€-25k▲
2024 · €-53k
Solvency
-159.3%▼
2024 · -119.9%
Current ratio
0.17▼
2024 · 0.21
Quick ratio
0.16▼
2024 · 0.21
Debt / equity
-1.63▲
2024 · -1.83
ROA
-24.3%▲
2024 · -37.0%
Interest coverage
0.26▲
2024 · -2.71
Debt
€418k▲
2024 · €399k
Debt ≤ 1 year
€328k▲
2024 · €297k
Debt > 1 year
€89k▼
2024 · €102k
Income taxes
€16k▲
2024 · €12k
Staff costs
€52k▼
2024 · €53k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€181k€161k▼
Formation expenses20€0€0=
Fixed assets21/28€118k€104k▼
Tangible fixed assets22/27€118k€104k▼
Land and buildings22€117k€104k▼
Plant, machinery and equipment23€180€115▼
Furniture and vehicles24€706€216▼
Other tangible fixed assets26€0€0=
Current assets29/58€64k€57k▼
Stocks and contracts in progress3€3k€4k▲
Stocks30/36€3k€4k▲
Amounts receivable within one year40/41€60k€50k▼
Trade receivables40€59k€42k▼
Other amounts receivable41€1k€8k▲
Cash at bank and in hand54/58€0€2k▲
Deferred charges and accrued income490/1€991€991=
Equity and liabilities
Total equity and liabilities10/49€181k€161k▼
Equity10/15€-217k€-257k▼
Contributions10/11€16k€16k=
Reserves13€16k€16k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€14k€14k=
Profit (loss) carried forward14€-249k€-288k▼
Amounts payable17/49€399k€418k▲
Amounts payable after more than one year17€102k€89k▼
Financial debts170/4€102k€89k▼
Amounts payable within one year42/48€297k€328k▲
Current portion of amounts payable after more than one year42€14k€14k▼
Financial debts43€11k€14k▲
Credit institutions430/8€11k€14k▲
Trade debts44€53k€52k▼
Suppliers440/4€53k€52k▼
Advances received on contracts in progress46€67k€47k▼
Taxes, remuneration and social security45€34k€25k▼
Taxes450/3€31k€20k▼
Remuneration and social security454/9€3k€5k▲
Other amounts payable47/48€117k€177k▲
Accrued charges and deferred income492/3-€657
Income statement
Code20242025
Remuneration, social security and pensions62€53k€52k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€14k▼
Other operating charges640/8€11k€6k▼
Gross operating margin9900€33k€61k▲
Operating profit (loss)9901€-44k€-11k▲
Financial income75/76B€20€177▲
Recurring financial income75€20€177▲
Financial charges65/66B€11k€12k▲
Recurring financial charges65€11k€12k▲
Profit (loss) for the period before taxes9903€-56k€-23k▲
Income taxes67/77€12k€16k▲
Profit (loss) for the period9904€-67k€-39k▲
Profit (loss) for the period to be appropriated9905€-67k€-39k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-249k€-288k▼
Profit (loss) brought forward from the previous period14P€-182k€-249k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
28-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
14-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 287 days late
21-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 507 days late
20-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 871 days late
07-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1164 days late
2024
31-03
Financial
Weakest financial yearnet €-67k
Net result drops to €-67k, the lowest in the series.
2023
07-04
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · ELGANTO BVBA DORPS- STRAAT 83, 2221 BOOISCHOT · event 03-04-2023
2020
13-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
31-03
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
2019
23-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
24-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
02-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
17-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 290 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Heist-op-den-Berg · 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.
Dorpsstraat 832221 Heist-op-den-BergGround area
575 m²
Building footprint
257 m²
Volume, LiDAR
1,513 m³
Parcel 12006C0973/00G000, Flanders · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ELGANTO
since 20112.204.987.766
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12006C0973/00G000 | Flanders | 575 m² | 1 · 257 m² | 10.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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 ZOMERSTRAAT 16, 2590 BERLAAR- |
03-04-2023 → present |
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Of 21,748 companies in sector 96210 we hold annual accounts for 2,833. 2,338 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded23-02-2011
Fiscal year end31-03
Activities, NACEBEL
96021Hairdressing
96210Hairdressing and barber services
47750Retail sale of cosmetics and toilet articles
47784Retail sale of souvenirs and religious articles
47786Retail trade
47789Other retail sale of new goods
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.