ELK AM

Open bankruptcy

Private limited companyfounded 2023Kleerkopersstraat 9, 1000 Brussel, BelgiumKBO/BCE: BE 0800.135.875

A bankruptcy procedure is open for ELK AM according to publications in the Belgian State Gazette; curator: CHRISTOPHE BOURTEMBOURG.

Summary

The 2024 annual accounts show negative equity (€-56k) and a net result of €-30k.

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Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Negative equity

The 2024 annual accounts show negative equity and a net loss.

NBB · annual accounts 2024

Equity per financial year

2324

2023 to 2024 · latest year €-56k

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

Open bankruptcy

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

Belgian State Gazette

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-09-2025, 48 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 · 2 filings

Deviation from the deadline

2025

not confirmed

2024

48 d late

2023

48 d early

← before the deadline after the deadline →

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, full schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€-30k▲ 3.5%

2023 · €-31k

2023: €-31k

2023 → 2024

Working capital

€-56k▼ 111%

2023 · €-27k

2023: €-27k

2023 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20232024Trend

Equity€-26k-€-56k▼ 115%

Operating result€-31k-€-29k▲ 6.7%

Net result€-31k-€-30k▲ 3.5%

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €29k in 2024 against €31k in 2023; the loss shrinks.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €45k

98.8%

Fixed assets €568 ▼ 22.5%

Current assets €45k ▼ 15.7%

Key figures and ratios

2024 value · change against 2023

EBITDA

€-29k▲

2023 · €-31k

Cash flow

€-30k▲

2023 · €-31k

Solvency

-122.9%▼

2023 · -48.1%

Current ratio

0.44▼

2023 · 0.67

Quick ratio

0.20▼

2023 · 0.30

Debt to equity

-1.81▲

2023 · -3.08

ROA

-65.7%▼

2023 · -57.4%

Interest coverage

-27.86▲

2023 · -616.01

Debt

€101k▲

2023 · €80k

Debt ≤ 1 year

€101k▲

2023 · €80k

Staff costs

€85k▲

2023 · €52k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2024 against 2023 · 40 lines

Balance sheet Code20232024

Assets

Total assets20/58€54k€45k▼

Fixed assets21/28€733€568▼

Tangible fixed assets22/27€370€205▼

Plant, machinery and equipment23€370€205▼

Financial fixed assets28€363€363=

Current assets29/58€53k€45k▼

Stocks and contracts in progress3€29k€25k▼

Stocks30/36€29k€25k▼

Amounts receivable within one year40/41€5k€11k▲

Trade receivables40€5k€11k▲

Cash at bank and in hand54/58€19k€9k▼

Equity and liabilities

Total equity and liabilities10/49€54k€45k▼

Equity10/15€-26k€-56k▼

Contributions10/11€5k€5k=

Capital10€5k-

Issued capital100€5k-

Profit (loss) carried forward14€-31k€-61k▼

Amounts payable17/49€80k€101k▲

Amounts payable within one year42/48€80k€101k▲

Trade debts44€66k€71k▲

Suppliers440/4€66k€71k▲

Taxes, remuneration and social security45€14k€28k▲

Taxes450/3€5k€10k▲

Remuneration and social security454/9€9k€18k▲

Other amounts payable47/48€221€2k▲

Income statement Code20232024

Remuneration, social security and pensions62€52k€85k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€125€165▲

Other operating charges640/8€315€64▼

Gross operating margin9900€22k€56k▲

Operating profit (loss)9901€-31k€-29k▲

Financial income75/76B€3-

Recurring financial income75€3-

Financial charges65/66B€50€1k▲

Recurring financial charges65€50€1k▲

Profit (loss) for the period before taxes9903€-31k€-30k▲

Profit (loss) for the period9904€-31k€-30k▲

Profit (loss) for the period to be appropriated9905€-31k€-30k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-31k€-61k▼

Profit (loss) brought forward from the previous period14P-€-31k

Social balance

Average headcount (FTE)9087-2.0

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 3Signals 1Filings 2

2025

21-11

Bankruptcy Opening

Tribunal de l’entreprise francophone de Bruxelles · SRL ELK AM RUE DES FRIPIERS 9, 1000 BRUXELLES · event 17-11-2025

17-09

NBB filing Annual accounts filed

fiscal year 2024 · full schema · 48 days late

2024

13-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

SignalNBB filing

Directors · office · real estate

Directors

3 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, Brussel · 1 establishment unit since 2023

establishment The establishment unit on the map

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.

Kleerkopersstraat 91000 Brussel

Ground area

112 m²

Building footprint

61 m²

Volume, LiDAR

769 m³

Parcel 21802B1441/00E000, Brussels · tallest building 14.8 m, ±4 floors. Linked by address, not a title deed.

1 establishment unit

ELK AM

Kleerkopersstraat 9, 1000 BrusselHairdressing

since 20232.345.172.760

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21802B1441/00E000 ProtectedArchitectural ensembleGeheel van traditionele huizenSource ↗	Brussels	112 m²	1 · 61 m²	14.8 m · 4 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

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

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

1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Insolvency mandates

1 mandate

Role	Name	Tenure
Curator	CHRISTOPHE BOURTEMBOURG AVENUE LOUISE 283/19, 1050 IXELLES- christophe.bourtembourg@everest- law.eu	17-11-2025 → present

Recognitions · licences · registrations

Dual-learning approval

3 live approvals

Haarverzorging duaal (so)

Goedgekeurd · 2024 to 2029

Kapper (vwo)

Goedgekeurd · 2024 to 2029

Kapper-stylist duaal (so)

Goedgekeurd · 2024 to 2029

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Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded30-03-2023

Fiscal year end31-12

Activities, NACEBEL 2025

96210Hairdressing and barber services

47750Retail sale of cosmetics and toilet articles

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

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