ELKA
Dissolution or liquidationSummary
The KBO register records for ELKA the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2024 annual accounts show negative equity (-€52,450) and a net result of €2,022.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 2092 sector peers (2024).
NBB · sector comparisonPosition among 2092 sector peers
Solvency
better than 16%
← weakest
strongest →
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date How is the Artisanal bread and fresh pastry making sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
-€52,450▲ 3.7%
2023 · -€54,472
Total assets
€280,415▼ 28.0%
2023 · €389,683
Net result
€2,022
2023 · -€160,866
Working capital
-€125,194▲ 33.3%
2023 · -€187,805
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 10, Manufacture of food products, 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
Line20212022202220232024
Operating result-€44,215▲ 41.4%-€20,704▲ 53.2%-€11,022--€104,809▼ 851%€41,183
Net result-€80,936below the sector's middle half▲ 11.3%-€71,647below the sector's middle half▲ 11.5%-€27,134below the sector's middle half--€160,866below the sector's middle half▼ 493%€2,022within the sector's middle half
Equity€205,175above the sector's middle half▼ 28.3%€133,528above the sector's middle half▼ 34.9%€106,395within the sector's middle half--€54,472below the sector's middle half-€52,450below the sector's middle half▲ 3.7%
Total assets€889,280above the sector's middle half▼ 4.0%€902,971above the sector's middle half▲ 1.5%€894,265above the sector's middle half-€389,683above the sector's middle half▼ 56.4%€280,415within the sector's middle half▼ 28.0%
Debt€684,105▲ 6.9%€769,443▲ 12.5%€787,870-€444,155▼ 43.6%€332,865▼ 25.1%
Working capital€49,095within the sector's middle half▼ 60.9%-€12,594within the sector's middle half-€37,845within the sector's middle half--€187,805below the sector's middle half▼ 396%-€125,194below the sector's middle half▲ 33.3%
Solvency23.1%within the sector's middle half▼ 7.8pp14.8%within the sector's middle half▼ 8.3pp11.9%within the sector's middle half--14.0%below the sector's middle half▼ 25.9pp-18.7%below the sector's middle half▼ 4.7pp
Current ratio1.07within the sector's middle half▼ 0.130.98within the sector's middle half▼ 0.090.95within the sector's middle half-0.58below the sector's middle half▼ 0.370.62within the sector's middle half▲ 0.05
Return on assets (ROA)-9.1%below the sector's middle half▲ 0.7pp-7.9%below the sector's middle half▲ 1.2pp-3.0%within the sector's middle half--41.3%below the sector's middle half▼ 38.2pp0.7%within the sector's middle half▲ 42.0pp
above
within
below
the middle half (P25 to P75) of NACE 10, Manufacture of food products, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
- 2023 Net result -493% on 2022. The previous fiscal year ran 2 months, this one 12.
Result per fiscal year
Operating resultNet result
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €280,415
Fixed assets
€73,301 ▼ 45.0%
Current assets
€207,114 ▼ 19.2%
Key figures and ratios
EBITDA
€44,632▲
2023 · -€93,902
Cash flow
€5,470▲
2023 · -€149,959
Quick ratio
0.06▼
2023 · 0.15
Debt to equity
-6.35▲
2023 · -8.15
Interest coverage
1.76▲
2023 · -1.68
Debt ≤ 1 year
€332,308▼
2023 · €444,155
Income taxes
€13,893
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €25,768 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,452 | €9,413 | €1,883 | €10,907 | €3,448 | ▼ 68.4% |
| Other operating charges640/8 | €28,563 | €21,432 | €3,260 | €8,893 | €2,004 | ▼ 77.5% |
| Gross operating margin9900 | -€4,199 | €10,141 | -€5,879 | -€85,009 | €46,636 | ▲ 155% |
| Operating profit (loss)9901 | -€44,215 | -€20,704 | -€11,022 | -€104,809 | €41,183 | ▲ 139% |
| Financial income75/76B | €562 | - | €22 | - | €53 | - |
| Recurring financial income75 | €562 | - | €22 | - | €53 | - |
| Financial charges65/66B | €37,284 | €50,943 | €16,133 | €56,058 | €25,321 | ▼ 54.8% |
| Recurring financial charges65 | €37,284 | €50,943 | €16,133 | €56,058 | €25,321 | ▼ 54.8% |
| Profit (loss) for the period before taxes9903 | -€80,936 | -€71,647 | -€27,134 | -€160,866 | €15,915 | ▲ 110% |
| Income taxes67/77 | - | - | - | - | €13,893 | - |
| Profit (loss) for the period9904 | -€80,936 | -€71,647 | -€27,134 | -€160,866 | €2,022 | ▲ 101% |
| Profit (loss) for the period to be appropriated9905 | -€80,936 | -€71,647 | -€27,134 | -€160,866 | €2,022 | ▲ 101% |
| Line | 2021 | 2022 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €889,280 | €902,971 | €894,265 | €389,683 | €280,415 | ▼ 28.0% |
| Fixed assets21/28 | €156,080 | €146,123 | €144,240 | €133,333 | €73,301 | ▼ 45.0% |
| Tangible fixed assets22/27 | €155,490 | €145,533 | €143,650 | €132,743 | €72,711 | ▼ 45.2% |
| Land and buildings22 | €8,497 | €7,043 | €6,752 | €5,007 | €3,262 | ▼ 34.8% |
| Plant, machinery and equipment23 | €8,551 | €4,508 | €3,809 | - | - | - |
| Other tangible fixed assets26 | €138,442 | €133,981 | €133,089 | €127,736 | €69,448 | ▼ 45.6% |
| Financial fixed assets28 | €590 | €590 | €590 | €590 | €590 | = |
| Current assets29/58 | €733,200 | €756,849 | €750,025 | €256,350 | €207,114 | ▼ 19.2% |
| Stocks and contracts in progress3 | €705,325 | €705,325 | €705,325 | €188,369 | €188,369 | = |
| Contracts in progress37 | €705,325 | €705,325 | €705,325 | €188,369 | €188,369 | = |
| Amounts receivable within one year40/41 | €22,682 | €51,360 | €22,012 | €39,701 | €17,541 | ▼ 55.8% |
| Trade receivables40 | - | €29,905 | €557 | €18,246 | €262 | ▼ 98.6% |
| Other amounts receivable41 | €22,682 | €21,455 | €21,455 | €21,455 | €17,279 | ▼ 19.5% |
| Cash at bank and in hand54/58 | €5,192 | €163 | €22,688 | €28,280 | €1,204 | ▼ 95.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €889,280 | €902,971 | €894,265 | €389,683 | €280,415 | ▼ 28.0% |
| Equity10/15 | €205,175 | €133,528 | €106,395 | -€54,472 | -€52,450 | ▲ 3.7% |
| Contributions10/11 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Capital10 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Issued capital100 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Reserves13 | €143,202 | €143,202 | €143,202 | €143,202 | €143,202 | = |
| Non-distributable reserves130/1 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Distributable reserves133 | €137,002 | €137,002 | €137,002 | €137,002 | €137,002 | = |
| Profit (loss) carried forward14 | - | -€71,647 | -€98,781 | -€259,647 | -€257,626 | ▲ 0.8% |
| Amounts payable17/49 | €684,105 | €769,443 | €787,870 | €444,155 | €332,865 | ▼ 25.1% |
| Amounts payable within one year42/48 | €684,105 | €769,443 | €787,870 | €444,155 | €332,308 | ▼ 25.2% |
| Current portion of amounts payable after more than one year42 | €8,547 | €522,234 | €536,737 | €136,442 | €40,597 | ▼ 70.2% |
| Financial debts43 | €518,615 | €51,407 | €51,515 | €56,381 | €63,971 | ▲ 13.5% |
| Credit institutions430/8 | €518,615 | €51,407 | €51,515 | €56,381 | €63,971 | ▲ 13.5% |
| Trade debts44 | €29,785 | €47,504 | €45,818 | €96,282 | €57,713 | ▼ 40.1% |
| Suppliers440/4 | €29,785 | €47,504 | €45,818 | €96,282 | €57,713 | ▼ 40.1% |
| Taxes, remuneration and social security45 | - | €18,306 | €23,808 | €25,059 | €40,035 | ▲ 59.8% |
| Taxes450/3 | - | €18,306 | €23,808 | €25,059 | €40,035 | ▲ 59.8% |
| Other amounts payable47/48 | €127,158 | €129,991 | €129,991 | €129,991 | €129,991 | = |
| Accrued charges and deferred income492/3 | - | - | - | - | €557 | - |
| Line | 2021 | 2022 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€80,936 | -€71,647 | -€27,134 | -€160,866 | €2,022 | ▲ 101% |
| + Depreciation and write-downs630 | €11,452 | €9,413 | €1,883 | €10,907 | €3,448 | ▼ 68.4% |
| Operating cash flow (approximation) | -€69,484 | -€62,234 | -€25,251 | -€149,959 | €5,470 | ▲ 104% |
| Investment in fixed assets (approximation) | - | €545 | - | €0 | €56,584 | - |
| Change in cash | - | -€5,029 | - | €5,592 | -€27,076 | ▼ 584% |
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
2026
13-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 197 days late
2025
24-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 481 days late
2024
31-12
Financial
Back to profitnet €2,022
Net result €2,022 after 7 loss-making years.
05-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 463 days late
2023
31-12
Financial
Weakest financial yearnet -€160,866
Net result drops to -€160,866, the lowest in the series.
18-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 505 days late
22-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 599 days late
2020
15-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 137 days late
08-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 313 days late
2019
16-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 412 days late
2017
18-12
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 140 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
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
Registered office, De Haan
Ground area
116 m²
Building footprint
116 m²
Volume, LiDAR
968 m³
Parcel 31038B0050/00A003, Flanders · tallest building 9.8 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31038B0050/00A003 | Flanders | 116 m² | 1 · 116 m² | 9.8 m · 3 fl. |
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.
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Of 4,228 companies in sector 10712 we hold annual accounts for 1,874. 1,599 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded28-06-1989
Fiscal year end31-12
Activities, NACEBEL 2025
10712Artisanal bread and fresh pastry making
41001General construction of residential buildings
41003General construction of other non-residential buildings
68121Development of residential building projects
68110Buying and selling of own real estate
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID
0208:0437749023
Also
9925:BE0437749023
Registered
18-12-2025
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.