ELIEN
InactiveELIEN was declared bankrupt on 26-07-2022 (Ondernemingsrechtbank Leuven); the bankruptcy was closed by liquidation by judgment of 15-06-2023, published in the Belgian State Gazette on 22-06-2023.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-09-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 6 filingsPosition against the passed deadline
30-09-2022 close30-04-2023 deadline22-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2021 was due by 30-04-2022 and was filed on 28-03-2022, 33 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
33 d early
2020
1 d early
2019
31 d early
← before the deadline
after the deadline →
Financials · fiscal year 2021, micro schema
Equity
€-35k▲ 12.8%
2020 · €-41k
2018: €-40k
2019: €-39k
2020: €-41k
2018 → 2021
Total assets
€110k▼ 4.5%
2020 · €115k
2018: €145k
2019: €131k
2020: €115k
2018 → 2021
Net result
€5k
2020 · €-2k
2018: €5k
2019: €846
2020: €-2k
2018 → 2021
Working capital
€-68k▼ 29.8%
2020 · €-53k
2018: €-92k
2019: €-55k
2020: €-53k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€-40k-€-39k▲ 2.1%€-41k▼ 3.9%€-35k▲ 12.8%
Operating result€13k-€6k▼ 50.6%€3k▼ 49.9%€12k▲ 292%
Net result€5k-€846▼ 83.6%€-2k€5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2021; 2021 is 292% above 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €110k
Fixed assets
€67k▼ 9.7%
Current assets
€43k▲ 4.9%
Key figures and ratios
EBITDA
€29k▲
2020 · €23k
Cash flow
€22k▲
2020 · €18k
Solvency
-32.3%▲
2020 · -35.3%
Current ratio
0.39▼
2020 · 0.44
Quick ratio
0.36▼
2020 · 0.41
Debt / equity
-0.95▲
2020 · -1.52
ROA
4.7%▲
2020 · -1.3%
Debt
€145k▼
2020 · €156k
Debt ≤ 1 year
€112k▲
2020 · €94k
Debt > 1 year
€34k▼
2020 · €62k
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 · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€115k€110k▼
Fixed assets21/28€74k€67k▼
Tangible fixed assets22/27€65k€57k▼
Financial fixed assets28€9k€9k▲
Current assets29/58€41k€43k▲
Stocks and contracts in progress3€3k€2k▼
Amounts receivable within one year40/41€35k€27k▼
Cash at bank and in hand54/58-€14k
Equity and liabilities
Total equity and liabilities10/49€115k€110k▼
Equity10/15€-41k€-35k▲
Profit (loss) carried forward14€-81k€-75k▲
Amounts payable17/49€156k€145k▼
Amounts payable after more than one year17€62k€34k▼
Amounts payable within one year42/48€94k€112k▲
Trade debts44€28k€29k▲
Income statement
Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€16k▼
Gross operating margin9900€109k€129k▲
Operating profit (loss)9901€3k€12k▲
Recurring financial income75€719-
Recurring financial charges65€5k€7k▲
Profit (loss) for the period before taxes9903€-2k€5k▲
Profit (loss) for the period9904€-2k€5k▲
Profit (loss) for the period to be appropriated9905€-2k€5k▲
Timeline · acts, filings and financial milestones
2023
22-06
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Leuven · ELIEN BVBA TIENSE- STRAAT 31C, 3000 LEUVEN · event 15-06-2023
2022
03-08
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · ELIEN BVBA TIENSE- STRAAT 31C, 3000 LEUVEN · event 26-07-2022
28-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Weakest financial yearnet €-2k ▼281%
Net result drops to €-2k, the lowest in the series.
30-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
12-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
05-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 5 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | JOHAN MOMMAERTS BRUSSELSESTEENWEG 62,
3000 LEUVEN |
26-07-2022 → present |
| Curator | STEVEN NYSTEN BRUSSELSESTEENWEG 62, 3000 LEUVEN |
26-07-2022 → present |