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ELITE GROUP

Open bankruptcy
Private limited companyfounded 2014KBO/BCE: BE 0561.837.460
Summary

A bankruptcy procedure is open for ELITE GROUP according to publications in the Belgian State Gazette. The file additionally contains 1 administrative flag. The 2023 annual accounts show equity of €580,393 and a net result of €396,861.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Liège, Liège division
Declared bankrupt
3 February 2025
Supervising judge
Jean-Marc Wouters
Official Gazette
07-02-2025 (pdf) ↗search the document for 2025/105276

Deadlines

Appeal or third-party opposition until
passed on 22 February 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 5 March 2025art. XX.104 and XX.155 CEL
First verification report
passed on 20 March 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 3 February 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curators

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

History

On 10 September 2014, ELITE GROUP was incorporated.1 Revenue went from EUR 387,907 in 2018 to EUR 4.3 million in 2023.2 The company was declared bankrupt on 3 February 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2023
  3. 3Belgian State Gazette, 07-02-2025

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2023, micro schema

Turnover
€4.3m▲ 1,231%
2020 · €325,380
EBIT margin
9.7%▼ 8.1pp
2020 · 17.8%
Net result
€396,861▲ 1,160%
2022 · €31,491
Working capital
€275,405▲ 165,807%
2022 · €166
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192020202120222023
Turnover€325,380▼ 16.1%€325,380=€4.3m
Operating result€57,818▲ 216%€57,818=€55,014▼ 4.8%€32,626▼ 40.7%€418,786▲ 1,184%
Net result€53,138▲ 1,776%€53,138within the sector's middle half=€41,203above the sector's middle half▼ 22.5%€31,491above the sector's middle half▼ 23.6%€396,861above the sector's middle half▲ 1,160%
EBIT margin17.8%▲ 13.0pp17.8%=9.7%
Equity€75,775▲ 255%€75,775within the sector's middle half=€48,753within the sector's middle half▼ 35.7%€39,041within the sector's middle half▼ 19.9%€580,393above the sector's middle half▲ 1,387%
Total assets€147,053▼ 4.7%€147,053below the sector's middle half=€586,362above the sector's middle half▲ 299%€278,554above the sector's middle half▼ 52.5%€4.1mabove the sector's middle half▲ 1,389%
Debt€71,278▼ 46.4%€71,278=€537,609▲ 654%€239,513▼ 55.4%€3.6m▲ 1,390%
Working capital€46,083▲ 2,837%€46,083within the sector's middle half=€48,753within the sector's middle half▲ 5.8%€166within the sector's middle half▼ 99.7%€275,405above the sector's middle half▲ 165,807%
Solvency51.5%▲ 37.7pp51.5%within the sector's middle half=8.3%below the sector's middle half▼ 43.2pp14.0%below the sector's middle half▲ 5.7pp14.0%within the sector's middle half=
Current ratio2.24▲ 1.222.24above the sector's middle half=1.09within the sector's middle half▼ 1.151.00within the sector's middle half▼ 0.091.08within the sector's middle half▲ 0.08
Return on assets (ROA)36.1%▲ 34.3pp36.1%above the sector's middle half=7.0%within the sector's middle half▼ 29.1pp11.3%within the sector's middle half▲ 4.3pp9.6%within the sector's middle half▼ 1.7pp
above within below the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
€0€200,000€400,000Operating result 2019: €57,818€57,818Net result 2019: €53,138€53,138Operating result 2020: €57,818€57,818Net result 2020: €53,138€53,138Operating result 2021: €55,014€55,014Net result 2021: €41,203€41,203Operating result 2022: €32,626€32,626Net result 2022: €31,491€31,491Operating result 2023: €418,786€418,786Net result 2023: €396,861€396,86120192020202120222023€0€200,000€400,000Operating result 2021: €55,014€55,000Net result 2021: €41,203€41,200Operating result 2022: €32,626€32,600Net result 2022: €31,491€31,500Operating result 2023: €418,786€419,000Net result 2023: €396,861€397,000202120222023
The operating result recovers in 2023; 2023 is 1,184% above 2022 and is the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €4.1m
Fixed assets €304,988 ▲ 653%
Current assets €3.8m ▲ 1,514%
Equity and liabilities €4.1m
Equity €580,393 ▲ 1,387%
Debt €3.6m ▲ 1,390%
Debt's share of the balance-sheet total stays at 86.0%.
Key figures and ratios
2023 value · change against 2022
Debt to equity
6.15▲
2022 · 6.13
ROE
68.4%▼
2022 · 80.7%
Debt ≤ 1 year
€3.6m▲
2022 · €237,873
Staff costs
€2.5m▲
2022 · €543,470
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 41 lines
Balance sheet Code20222023
Assets
Total assets20/58€278,554€4.1m▲
Fixed assets21/28€40,515€304,988▲
Tangible fixed assets22/27€5,515€304,988▲
Plant, machinery and equipment23€4,515-
Furniture and vehicles24€1,000€1,922▲
Leasing and similar rights25-€303,066
Financial fixed assets28€35,000€0▼
Current assets29/58€238,039€3.8m▲
Amounts receivable within one year40/41€114,530€429,442▲
Trade receivables40€114,530€22,592▼
Other amounts receivable41-€406,850
Cash at bank and in hand54/58€51,778€3.4m▲
Deferred charges and accrued income490/1€71,731-
Equity and liabilities
Total equity and liabilities10/49€278,554€4.1m▲
Equity10/15€39,041€580,393▲
Contributions10/11€7,550€7,500▼
Profit (loss) carried forward14€31,491€572,893▲
Amounts payable17/49€239,513€3.6m▲
Amounts payable within one year42/48€237,873€3.6m▲
Trade debts44€90,384€51,918▼
Suppliers440/4€90,384€51,918▼
Taxes, remuneration and social security45€147,489€3.5m▲
Taxes450/3€146,958€1.1m▲
Remuneration and social security454/9€531€2.4m▲
Accrued charges and deferred income492/3€1,640-
Income statement Code20222023
Turnover70-€4.3m
Remuneration, social security and pensions62€543,470€2.5m▲
Other operating charges640/8-€1.4m
Gross operating margin9900€576,096€4.3m▲
Operating profit (loss)9901€32,626€418,786▲
Financial charges65/66B€1,135€21,925▲
Recurring financial charges65€1,135€21,925▲
Non-recurring financial charges66B-€21,925
Profit (loss) for the period before taxes9903€31,491€396,861▲
Profit (loss) for the period9904€31,491€396,861▲
Profit (loss) for the period to be appropriated9905€31,491€396,861▲
Appropriation of the result
Profit (loss) to be appropriated9906€31,491€428,352▲
Profit (loss) brought forward from the previous period14P-€31,491
Transfer to equity691/2-€249
To contributions691-€249
Shareholders' contribution to the loss794-€144,790

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
Turnover70€325,380€325,380--€4.3m-
Goods, raw materials, services and sundry goods60/61-€236,254----
Remuneration, social security and pensions62-€24,828€309,600€543,470€2.5m▲ 360%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,413€4,413----
Other operating charges640/8-€2,067--€1.4m-
Gross operating margin9900€89,126€89,126€364,614€576,096€4.3m▲ 648%
Operating profit (loss)9901€57,818€57,818€55,014€32,626€418,786▲ 1,184%
Financial income75/76B-€4----
Recurring financial income75-€4----
Non-recurring financial income76B-€4----
Financial charges65/66B-€4,665-€1,135€21,925▲ 1,832%
Recurring financial charges65€1,417€1,417-€1,135€21,925▲ 1,832%
Non-recurring financial charges66B-€3,248--€21,925-
Profit (loss) for the period before taxes9903€53,157€53,157€55,014€31,491€396,861▲ 1,160%
Income taxes67/77€19€19€13,811---
Profit (loss) for the period9904€53,138€53,138€41,203€31,491€396,861▲ 1,160%
Profit (loss) for the period to be appropriated9905€53,138€53,138€41,203€31,491€396,861▲ 1,160%
Line20192020202120222023Change
Assets
Total assets20/58€147,053€147,053€586,362€278,554€4.1m▲ 1,389%
Fixed assets21/28€63,692€63,692-€40,515€304,988▲ 653%
Tangible fixed assets22/27€14,692€14,692-€5,515€304,988▲ 5,430%
Plant, machinery and equipment23---€4,515--
Furniture and vehicles24-€14,692-€1,000€1,922▲ 92.2%
Leasing and similar rights25----€303,066-
Financial fixed assets28€49,000€49,000-€35,000€0▼ 100%
Current assets29/58€83,361€83,361€586,362€238,039€3.8m▲ 1,514%
Amounts receivable within one year40/41€68,800€68,800€18,309€114,530€429,442▲ 275%
Trade receivables40-€68,800-€114,530€22,592▼ 80.3%
Other amounts receivable41--€18,309-€406,850-
Cash at bank and in hand54/58€14,561€14,561€559,005€51,778€3.4m▲ 6,493%
Deferred charges and accrued income490/1--€9,048€71,731--
Equity and liabilities
Total equity and liabilities10/49€147,053€147,053€586,362€278,554€4.1m▲ 1,389%
Equity10/15€75,775€75,775€48,753€39,041€580,393▲ 1,387%
Contributions10/11€7,550€7,550€7,550€7,550€7,500▼ 0.7%
Capital10-€7,550----
Issued capital100-€18,600----
Uncalled capital101-€11,050----
Profit (loss) carried forward14€68,225€68,225€41,203€31,491€572,893▲ 1,719%
Amounts payable17/49€71,278€71,278€537,609€239,513€3.6m▲ 1,390%
Amounts payable after more than one year17€34,000€34,000----
Other amounts payable178/9-€34,000----
Amounts payable within one year42/48€37,278€37,278€537,609€237,873€3.6m▲ 1,400%
Current portion of amounts payable after more than one year42-€2,314----
Trade debts44€30,522€30,522€118,531€90,384€51,918▼ 42.6%
Suppliers440/4-€30,522€106,996€90,384€51,918▼ 42.6%
Bills of exchange payable441--€11,535---
Taxes, remuneration and social security45-€4,442€419,078€147,489€3.5m▲ 2,284%
Taxes450/3-€4,303€136,913€146,958€1.1m▲ 678%
Remuneration and social security454/9-€139€282,165€531€2.4m▲ 446,551%
Accrued charges and deferred income492/3---€1,640--
Line20192020202120222023Change
Profit (loss) for the period9904€53,138€53,138€41,203€31,491€396,861▲ 1,160%
+ Depreciation and write-downs630€4,413€4,413----
Operating cash flow (approximation)€57,551€57,551€41,203€31,491€396,861▲ 1,160%
Investment in fixed assets (approximation)--€4,413---€264,473-
Change in cash-€0€544,444-€507,227€3.4m▲ 763%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2025
22-08
KBO administration Address struck
07-02
Bankruptcy Opening
Tribunal de l’entreprise de Liège, division Liège · event 03-02-2025
2024
21-11
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 113 days late
08-02
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 192 days late
2023
31-12
Financial Highest result since 2018net €396,861 ▲1,160%
Operating result €418,786, net result €396,861, both a record.
31-12
Financial Equity above €500,000Eq €580,393 ▲1,387%
6 profitable years in a row build equity to €580,393.
30-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 456 days late
2022
13-09
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 409 days late
2021
29-12
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 516 days late
2019
31-12
Financial Liquidity doublescurrent ratio 2.24
Current ratio from 1.02 to 2.24; short-term debt falls from €91,902 to €37,278.
22-10
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 83 days late
2018
17-10
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 78 days late
2017
20-09
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 51 days late
2016
27-05
NBB filing Annual accounts filed
fiscal year 2015 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts

We know of 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
11 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, Herstal · 1 establishment unit since 2015
seat establishment The establishment unit on the map
Ground area
5,629 m²
Building footprint
927 m²
Parcel 62071B0790/00G002, Wallonia. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Elite Group
Freight transport by road
since 20152.237.788.218
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62071B0790/00G002 Wallonia 5,629 m² 1 · 927 m² -
Linked by address, not proof of ownership
Good to know
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

2 mandates
Role Name Tenure
Curator JEAN-PHILIPPE RENAUD
QUAI DES ARDENNES 65, 4020 LIEGE 2
03-02-2025 → present
Curator ALAIN BODEUS
QUAI DE ROME 19/8, 4000 LIEGE 1
03-02-2025 → present

Recognitions · licences · registrations

Parcel delivery

Notified to the BIPT
since 01-05-2024

Similar companies · same sector, comparable size

Of 12,584 companies in sector 49410 we hold annual accounts for 8,204. 4,992 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded10-09-2014
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
Contact
E-mail support@medi-transport.be
Phone 042244652
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.