Active BE 0676.597.863Private limited company (pre-2019)Open bankruptcy

Elinger

Heidestraat 257 ·2070 Beveren-Kruibeke-Zwijndrecht, Belgium· 9 yrs active

Sector: Road freight transport (49410)

Conclusion Checked

A bankruptcy procedure is open for Elinger according to publications in the Belgian State Gazette. The 2021 annual accounts show equity of €95k and a net result of €9k.

Based on the State Gazette, CBE and 4 annual accounts.

Key figures

Equity	€95k
Net result	€9k
Active	9 yrs
Locations	1

Snowflake analysis 5 axes · computed by Checked

27 / 100

Fragile profile, watch health in particular.

Health 0

Profitability 47

Solvency 18

Growth 68

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High risk

Components

· Open bankruptcy (+50)

Trust signals 1 signals

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 0 events

No administrative flags

Health barometer FY 2021 · computed

0 / 100 Critical

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Financial overview6 NBB filings

Annual accounts filed on 30-08-2024 with the NBB · fiscal year 2023 · micro

RevenueOperating resultNet result

Revenue

€1.28M

+24.7% 18-21

EBITDA

€136k

-7.1% +252% vs sector

Net profit

€9k

-86.4% -16% vs sector

Cash flow

€116k

-32.2% +225% vs sector

Total assets

€517k

-25.0% +34% vs sector

Equity

€95k

+10.3% -67% vs sector

Working capital

€-87k

+34.9% far below sector median

Staff costs

€227k

- +1% vs sector

Income taxes

€19k

+26.4% far above sector median

Debt

€423k

-30.0% far above sector median

Debt ≤ 1y

€370k

-24.0% far above sector median

Debt > 1y

€52k

-55.1% -73% vs sector

Current ratio

0.77

+5.4% -87% vs sector

Quick ratio

0.77

+5.4% -87% vs sector

Solvency

18.3%

+47.1% -78% vs sector

Debt / equity

4.47

+228.0% far above sector median

ROE

9.4%

-87.7% +195% vs sector

ROA

1.7%

-81.9% -25% vs sector

Net margin

3.2%

+59.9% 18-21

EBITDA margin

3.6%

-22.2% 18-21

Interest coverage

180.62

- far above sector median

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2021
Revenue	-
EBITDA	€136k
Net profit	€9k
Cash flow	€116k
Staff costs	€227k
Income taxes	€19k
Dividends	-
Total assets	€517k
Equity	€95k
Debt	€423k
of which ≤ 1y	€370k
of which > 1y	€52k
Working capital	€-87k
Employees (FTE)	-

Ratios (computed)

	2021
Current ratio	0.77
Quick ratio	0.77
Working capital ratio	-16.8%
Solvency	18.3%
Debt / equity	4.47
Long-term debt ratio	0.55
Interest coverage	180.62
Gross margin	-
Net margin	-
ROA	1.7%
ROE	9.4%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2021

Assets

Fixed assets €234k · 45.2% Current assets €284k · 54.8%

Equity & liabilities

Equity €95k · 18.3% Debt €423k · 81.7%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2021
Balance sheet, Assets
TOTAL ASSETS	20/58	€517k
Fixed assets	21/28	€234k
Tangible fixed assets	22/27	€177k
Financial fixed assets	28	€57k
Current assets	29/58	€284k
Amounts receivable within one year	40/41	€186k
Cash & bank	54/58	€84k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€517k
Equity	10/15	€95k
Contributions / capital	10/11	€19k
Reserves	13	€2k
Accumulated profits (losses)	14	€74k
Amounts payable	17/49	€423k
Amounts payable after one year	17	€52k
Amounts payable within one year	42/48	€370k
Trade debts payable within one year	44	€230k
Income statement
Gross operating margin	9900	€386k
Operating result	9901	€29k
Financial income	75	€6
Financial charges	65	€754
Result before taxes	9903	€28k
Income taxes	67/77	€19k
Net result for the period	9904	€9k
Result to be appropriated	9905	€9k

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Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	MARIE-LAURE DE SMEDT ROOMSTRAAT 40, 9160 LOKEREN	13-01-2026 → present	Belgian State Gazette

Legal Structure

NACE primary	Road freight transport(49410)
Legal form	Private limited company (pre-2019)(015)
Incorporation	07-06-2017
Status	Active
Postal code	2070
First BS signal	19-01-2026
Latest BS signal	19-01-2026

Company structure, linked entities1 linked entities

Mandates

Establishment units 1 location

Elinger

Heidestraat 257, 2070 Beveren-Kruibeke-ZwijndrechtGoederenvervoer over de weg

since 20172.267.544.452

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11011A0233/00G000	Flanders	2,550 m²	1 · 472 m²	7.2 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 7 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026

19-01-2026

Bankruptcy Opening

Ondernemingsrechtbank Gent, afdeling Dendermonde · ELINGER BV HEIDE- STRAAT 257, 2070 BEVEREN-KRUIBEKE-ZWIJNDRECHT · event 13-01-2026

2024

30-08-2024