ELITE
InactiveELITE was declared bankrupt on 24-03-2022 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 12-11-2024, published in the Belgian State Gazette on 19-11-2024.
Summary
Inactive; last annual accounts for fiscal year 2017.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2017. Since then, 8 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2018 close31-07-2019 deadline26-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 21-06-2018, 40 days ahead of the deadline.
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
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filings
The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2017, micro schema
Equity
€87,441▼ 2.9%
2016 · €90,060
Total assets
€105,865▼ 0.5%
2016 · €106,440
Net result
-€2,619
2016 · €8,964
Working capital
€77,336▼ 2.2%
2016 · €79,073
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20132014201520162017
Operating result€17,655-€6,077▼ 65.6%€1,072▼ 82.4%€13,179▲ 1,129%-€2,316
Net result€5,155-€3,965▼ 23.1%-€924€8,964-€2,619
Equity€83,186-€87,151▲ 4.8%€81,096▼ 6.9%€90,060▲ 11.1%€87,441▼ 2.9%
Total assets€92,564-€96,832▲ 4.6%€92,535▼ 4.4%€106,440▲ 15.0%€105,865▼ 0.5%
Debt€9,378-€9,681▲ 3.2%€11,438▲ 18.1%€16,380▲ 43.2%€18,424▲ 12.5%
Working capital€76,677-€74,298▼ 3.1%€69,176▼ 6.9%€79,073▲ 14.3%€77,336▼ 2.2%
Staff (FTE)1-1=1=1=1=
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2017: a loss of €2,316 after €13,179 in 2016, the lowest result in the available series.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €105,865
Fixed assets
€10,105 ▼ 8.0%
Current assets
€95,760 ▲ 0.3%
Equity and liabilities €105,865
Equity
€87,441 ▼ 2.9%
Debt
€18,424 ▲ 12.5%
Debt's share of the balance-sheet total rises from 15.4% to 17.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€1,433▼
2016 · €14,112
Cash flow
-€1,737▼
2016 · €9,896
Current ratio
5.20▼
2016 · 5.83
Quick ratio
5.10▼
2016 · 5.72
ROE
-3.0%▼
2016 · 10.0%
ROA
-2.5%▼
2016 · 8.4%
Debt ≤ 1 year
€18,424▲
2016 · €16,380
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €252 | €985 | €932 | €932 | €883 | ▼ 5.3% |
| Gross operating margin9900 | €57,479 | €41,073 | €41,007 | €25,786 | €19,951 | ▼ 22.6% |
| Operating profit (loss)9901 | €17,655 | €6,077 | €1,072 | €13,179 | -€2,316 | ▼ 118% |
| Recurring financial income75 | €6 | €1 | €7 | €524 | €16 | ▼ 97.0% |
| Recurring financial charges65 | €1,520 | €1,199 | €1,741 | €1,004 | €319 | ▼ 68.2% |
| Profit (loss) for the period before taxes9903 | €16,141 | €4,879 | €4,468 | €12,699 | -€2,619 | ▼ 121% |
| Income taxes67/77 | €10,986 | €914 | €5,392 | €3,735 | - | - |
| Profit (loss) for the period9904 | €5,155 | €3,965 | -€924 | €8,964 | -€2,619 | ▼ 129% |
| Profit (loss) for the period to be appropriated9905 | €5,155 | €3,965 | -€924 | €8,964 | -€2,619 | ▼ 129% |
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €92,564 | €96,832 | €92,535 | €106,440 | €105,865 | ▼ 0.5% |
| Fixed assets21/28 | €6,509 | €12,853 | €11,920 | €10,988 | €10,105 | ▼ 8.0% |
| Tangible fixed assets22/27 | €1,551 | €7,895 | €6,962 | €6,030 | €5,147 | ▼ 14.6% |
| Financial fixed assets28 | €4,958 | €4,958 | €4,958 | €4,958 | €4,958 | = |
| Current assets29/58 | €86,054 | €83,979 | €80,615 | €95,452 | €95,760 | ▲ 0.3% |
| Stocks and contracts in progress3 | €2,612 | €2,442 | €1,824 | €1,793 | €1,741 | ▼ 2.9% |
| Amounts receivable within one year40/41 | €72,037 | €70,778 | €75,100 | €83,522 | €87,960 | ▲ 5.3% |
| Cash at bank and in hand54/58 | €11,405 | €10,759 | €3,690 | €10,137 | €6,059 | ▼ 40.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €92,564 | €96,832 | €92,535 | €106,440 | €105,865 | ▼ 0.5% |
| Equity10/15 | €83,186 | €87,151 | €81,096 | €90,060 | €87,441 | ▼ 2.9% |
| Contributions10/11 | €61,972 | €61,972 | €61,972 | €61,972 | €61,972 | = |
| Reserves13 | €7,919 | €7,919 | €3,094 | €12,058 | €12,058 | = |
| Profit (loss) carried forward14 | €13,294 | €17,259 | €16,030 | €16,030 | €13,411 | ▼ 16.3% |
| Amounts payable17/49 | €9,378 | €9,681 | €11,438 | €16,380 | €18,424 | ▲ 12.5% |
| Amounts payable within one year42/48 | €9,378 | €9,681 | €11,438 | €16,380 | €18,424 | ▲ 12.5% |
| Trade debts44 | €1,447 | €2,035 | €4,760 | €1,711 | €4,031 | ▲ 136% |
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,155 | €3,965 | -€924 | €8,964 | -€2,619 | ▼ 129% |
| + Depreciation and write-downs630 | €252 | €985 | €932 | €932 | €883 | ▼ 5.3% |
| Operating cash flow (approximation) | €5,407 | €4,950 | €9 | €9,896 | -€1,737 | ▼ 118% |
| Investment in fixed assets (approximation) | - | -€7,328 | €0 | €0 | €0 | - |
| Change in cash | - | -€645 | -€7,069 | €6,447 | -€4,078 | ▼ 163% |
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
2024
19-11
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 12-11-2024
2022
30-03
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 24-03-2022
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-12
Financial
Weakest financial yearnet -€2,619
Net result drops to -€2,619, the lowest in the series.
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
31-12
Financial
Back to profitnet €8,964
Net result €8,964 after one loss-making year.
20-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
29-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
20-06
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
07-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 7 days late
2012
07-08
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 7 days late
19-04
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema · 263 days late
19-04
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema · 628 days late
2009
11-03
NBB filing
Annual accounts filed
fiscal year 2007 · abbreviated schema · 223 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | INGE VAN GOETHEM VERDUSSENSTRAAT 29,
2018 ANTWERPEN 1 |
24-03-2022 → 12-11-2024 |