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ELPHI

Inactive KBO/BCE: BE 0842.599.705

Overview

Lifetime

7 annual accounts with figures on one time axis
peak €280,228 (2017)
-€3,024▼ €231,263
lowest -€9,155 (2014)
€7,190▼ 77.4%
peak €129,076 (2019)
€129,076▲ 5.9%
€4,165▼ 94.7%
peak 5 FTE (2017)
-not published
Board3 names since 2018
1 directorLezgin Olcauz
Documentsfilings and deeds
09-10-202070 days late
2019micro format
Gross margin from €228,239 to -€3,024Result from €31,830 to €7,190Debts from €78,085 to €4,165Cash from €2,955 to €408

Key points

from the 2019 annual accounts, the last ones filed

Liquidity

32.59 was 2.19 in 2018

Short-term debts fell from €78,085 to €4,165.

Filings

7 annual accounts 4 late
AprilJune31 JulyOctober201420162018

The 2014 accounts came latest: 153 days after the end of the period.

No scoreTurnover not published (micro format)

Board and ownership

last known board
AB
Manager, last mentioned in 2020
LO
Manager, until 2020
ND
Director, until 2020
Board & ownership

Recent changes

Bankruptcy closure (by liquidation) Enterprise Court of Antwerp, Mechelen division · judgment of 22-09-2025 · Bankruptcy
Bankruptcy published Enterprise Court of Antwerp, Mechelen division · judgment of 12-09-2022 · Bankruptcy
1 manager appointed, 2 directors resigning Resignations: Nezir Dirlik and Lezgin Olcauz · Appointment: Ahmet Bozogluer (manager) · Director discharge: Nezir Dirlik · General meeting of 15-10-2020 · Gazette deed
Appointment: Olcauz Lezgin (manager) General meeting of 21-02-2018 · Gazette deed
All 16 events

Official details

Source: KBO
Status
Inactivedeed of incorporation of 20-01-2012 · bankruptcy closed on 22-09-2025
Activity
No activity registered in the KBO
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2019

-€3,024
€7,190▼ 77.4%
€129,076▲ 5.9%
€136,241▼ 32.9%
Filing
Filed on 09-10-2020
Financials

Insights on ELPHI

On 12 September 2022 the court declared ELPHI bankrupt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2019

micro format, filed on 09-10-2020, 70 days late
-€3,024
▼ €231,263
-€2,522
▼ €65,237
€7,190
▼ 77.4%
€131,576
▲ 41.3%
94.7%
▲ 34.7 percentage points
32.59
▲ 30.40

Turnover and EBIT margin are not published. The micro format does not require them.

Balance sheet

balance sheet total €136,241 on 31-12-2019
What the company ownsHow it is paid for

in euro

in euro

Staff

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2019201820172016201520142013
Balance sheet: assets
20/58 136,241202,972180,904137,74123,15522,8226,679
21/28 50031,74222,14314,66217,00022,000-
21 -----5,0000
22/27 5001,000-----
23 5001,000-----
28 -30,74222,14314,66217,00017,000-
29/58 135,741171,229158,761123,0806,1558226,679
40/41 135,333168,274144,546122,938--5,000
40 -19,9705,185122,938---
41 135,333148,305139,362---5,000
54/58 4082,95514,2151426,1558221,679
Balance sheet: equity and liabilities
10/49 136,241202,972180,904137,74123,15522,8226,679
10/15 129,076121,88690,05657,4832,773-2,4766,679
10/11 18,60018,60018,60018,60018,6006,2006,200
100 18,60018,60018,60018,60018,60018,60018,600
101 -----12,40012,400
13 110,476103,28671,45638,883242424
130 1,8601,8601,8601,860242424
133 108,616101,42669,59637,023---
14 -----15,851-8,700455
16 3,0003,0005,0005,000---
160/5 3,0003,0005,0005,000---
162 3,0003,0005,0005,000---
17/49 4,16578,08585,84875,25920,38225,298-
17 --5678,78320,38225,072-
170/4 --5678,78320,38225,072-
42/48 4,16578,08585,28166,475-226-
42 -5676,6166,196---
44 -7,45417,2681,934---
440/4 -7,45417,2681,934---
45 4,16570,06461,39737,095-226-
450/3 4,16558,61432,97124,768-226-
454/9 -11,45028,42612,327---
47/48 ---21,250---
Income statement
9900 -3,024228,239280,228157,62736,14446,43259,342
62 -4,71099,856176,98466,444---
630 500500--5,000--
635/8 --2,000-5,000---
640/8 3,7085,79519,9004,11488,68855,58758,863
66A -61,37218,875----
9901 -2,52262,71564,46882,069-57,544-9,155479
75/76B 14,536---65,000--
75 14,536---65,000--
65/66B 6603,2932,0681,8144,702--
65 6603,2932,0681,8144,702--
9903 11,35559,42262,40080,2542,754-9,155479
67/77 4,16527,59229,82725,5459,905--
9904 7,19031,83032,57354,709-7,151-9,155479
9905 7,19031,83032,57354,709-7,151-9,155479
Appropriation of the result
9906 7,19031,83032,57338,859-15,851-8,700479
691/2 7,19031,83032,57338,859--24
6920 ---1,836--24
6921 7,19031,83032,57337,023---
Social balance sheet
9087 -3.452.9---
Hours worked1013 -5,58110,2004,537---
Document PDFPDFPDFPDFPDFPDFPDF

Source: Annual accounts 2019 (PDF), filed on 09-10-2020.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2019 annual accounts filed 70 days after the deadline. Filed on 9 October 2020, deadline 31 July 2020 (7 months after the close on 31 December 2019, Companies Code art. 3:10). Source: NBB, 2020-60700144.

Financial year Type Filed Reference Document
31-12-2019 micro format 09-10-2020 2020-60700144 PDF
31-12-2018 micro format 24-06-2019 2019-21900600 PDF
31-12-2017 micro format 04-07-2018 2018-29300260 PDF
30-09-2016 abbreviated format 11-05-2017 2017-12000563 PDF
30-09-2015 abbreviated format 26-05-2016 2016-13600501 PDF
30-09-2014 abbreviated format 30-09-2015 2015-63100017 PDF
30-09-2013 abbreviated format 27-03-2014 2014-07600583 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2019201820172016201520142013
-2,02263,215---52,544--
7,69032,330---2,151--
-30,74210,0997,481-022,000-
-2,547-11,26014,073-6,0135,333-857-
131,57693,14473,48056,604-596-
94.7%60.1%49.8%41.7%12.0%-10.8%100.0%
32.592.191.861.85-3.64-
0.030.640.951.317.35--
5.6%26.1%36.2%95.2%-257.9%-7.2%
5.3%15.7%18.0%39.7%-30.9%-40.1%7.2%

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on ELPHI

The operating result for 2019 is a loss of €2,522, after a profit of €62,715 in 2018. It is the lowest result since 2015.

Debt's share of the balance-sheet total falls from 38.5% to 3.1%. Equity is higher and debt is lower.

Board & ownership

Curator

1 mandate
Curator, Schuttersvest 8, 2800 Mechelen
from 12-09-2022 to 22-09-2025
Also on 29 other cases

Mandates through the years

3 names, the dashed line is today
Nezir Dirlik
Director
Earliermandate already running before its first mentionend not datedBankruptcy 12-09-2022
Mandates as a list
  • Ahmet Bozogluer
    • Manager, appointed by deed of 03-11-2020, last mentioned in 2020
  • Lezgin Olcauz
    • Manager, appointed by deed of 21-03-2018, until 15-10-2020
  • Nezir Dirlik
    • Director, until 15-10-2020

See the board, name and registered office on a given date →

Control

Capital

Capital
€18,600
Source
2019 annual accounts

Office holders in the KBO →

Timeline

Timeline

16 events since 2012
2025
Bankruptcy closure (by liquidation) Enterprise Court of Antwerp, Mechelen division · judgment of 22-09-2025
2022
Bankruptcy published Enterprise Court of Antwerp, Mechelen division · judgment of 12-09-2022
2020
1 manager appointed, 2 directors resigningResignations: Nezir Dirlik and Lezgin Olcauz · Appointment: Ahmet Bozogluer (manager) · Director discharge: Nezir Dirlik · General meeting of 15-10-20206 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2019 filed PDFmicro format · 70 days late
2019
Liquidity more than 14 times current ratio 32.59 The current ratio rises from 2.19 to 32.59. Short-term debt falls from €78,085 to €4,165.
Annual accounts 2018 filed PDFmicro format · 37 days before the deadline
2018
Equity above €100,000 equity €121,886 ▲35.3% After 3 profitable years in a row, equity reaches €121,886.
Annual accounts 2017 filed PDFmicro format · 27 days before the deadline
Appointment: Olcauz Lezgin (manager)General meeting of 21-02-20182 points ▸
  • General meeting, 21-02-2018
  • Director appointment, Olcauz Lezgin (manager)

Open the deed in the Belgian Official Gazette

2017
Annual accounts 2016 filed PDFabbreviated format · 11 days late
2016
Back to profit net €54,709 The net result is €54,709, after 2 loss-making years.
Annual accounts 2015 filed PDFabbreviated format · 26 days late
2015
Annual accounts 2014 filed PDFabbreviated format · 153 days late
2014
Weakest financial year net -€9,155 The net result drops to -€9,155, the lowest from 2013 to 2019.
Annual accounts 2013 filed PDFabbreviated format · 34 days before the deadline
2012
Incorporation PDF8 publications in the Belgian Official Gazette, the last on 03-11-2020

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

ELPHI has filed 7 sets of annual accounts, the latest for financial year 2019.1 The bankruptcy of the company was declared on 12 September 2022 and closed on 22 September 2025.23

  1. 1National Bank, annual accounts 2019
  2. 2Belgian Official Gazette, 29-09-2022
  3. 3Belgian Official Gazette, 29-09-2025

Company details

Inactive

ELPHI is no longer in the KBO register.

Last annual accounts
financial year to 31 December 2019
Last registered office
Kouterdreef 19, 2800 Mechelenas published on 3 November 2020
Legal form
Private limited company (pre-2019)
First annual accounts
financial year 2013
Official KBO record