ELGED SERVICES
InactiveELGED SERVICES was declared bankrupt on 26-01-2023 (Ondernemingsrechtbank Leuven); the bankruptcy was closed for insufficient assets by judgment of 15-06-2023, published in the Belgian State Gazette on 21-06-2023.
No longer registered with the KBO; last annual accounts for fiscal year 2019.
Signals
Four signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2020 close31-07-2021 deadline22-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 05-10-2020, 66 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
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
66 d late
← before the deadline
after the deadline →
Financials · fiscal year 2019, micro schema
Equity
€114k▲ 4.9%
2018 · €109k
2018: €109k
2018 → 2019
Total assets
€137k▼ 0.5%
2018 · €138k
2018: €138k
2018 → 2019
Net result
€5k
2018 · €-367
2018: €-367
2018 → 2019
Working capital
€114k▼ 6.8%
2018 · €122k
2018: €122k
2018 → 2019
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019Trend
Equity€109k-€114k▲ 4.9%
Operating result€2k-€6k▲ 262%
Net result€-367-€5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2019; 2019 is 262% above 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Equity and liabilities €137k
Equity
€114k▲ 4.9%
Debt
€23k▼ 20.4%
The debt ratio falls from 21.1% to 16.9%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
83.1%▲
2018 · 78.9%
Current ratio
5.92▼
2018 · 8.85
Quick ratio
5.92▼
2018 · 8.85
ROE
4.6%▲
2018 · -0.3%
ROA
3.9%▲
2018 · -0.3%
Debt
€23k▼
2018 · €29k
Debt ≤ 1 year
€23k▲
2018 · €16k
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 · 2019 against 2018
Balance sheet
Code20182019
Assets
Total assets20/58€138k€137k▼
Current assets29/58€138k€137k▼
Amounts receivable within one year40/41€138k€134k▼
Cash at bank and in hand54/58-€3k
Equity and liabilities
Total equity and liabilities10/49€138k€137k▼
Equity10/15€109k€114k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Profit (loss) carried forward14€100k€106k▲
Amounts payable17/49€29k€23k▼
Amounts payable after more than one year17€14k-
Amounts payable within one year42/48€16k€23k▲
Trade debts44€7k€10k▲
Income statement
Code20182019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k-
Gross operating margin9900€4k€6k▲
Operating profit (loss)9901€2k€6k▲
Recurring financial charges65€2k€500▼
Profit (loss) for the period before taxes9903€-367€5k▲
Profit (loss) for the period9904€-367€5k▲
Profit (loss) for the period to be appropriated9905€-367€5k▲
Timeline · acts, filings and financial milestones
2023
21-06
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Leuven · ELGED- SERVICES BV GELDENAAKSEVEST 2, 3000 LEUVEN · event 15-06-2023
01-02
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · ELGED-SERVICES BV GELDE- NAAKSEVEST 2, 3000 LEUVEN · event 26-01-2023
2020
05-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 66 days late
07-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 404 days late
07-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 769 days late
2019
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
2018
17-12
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 504 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 29 days late
2015
14-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 14 days late
2014
18-06
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
03-07
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
20-06
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
2011
20-06
NBB filing
Annual accounts filed
fiscal year 2010 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | GERRY VERSCHUREN EIKENSTRAAT 1A,
3210 LUBBEEK |
26-01-2023 → present |