Elsimmo

Bankruptcy closed

Private limited company (pre-2019)founded 2016KBO/BCE: BE 0668.395.326

Summary

Elsimmo was declared bankrupt on 21-02-2022 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 07-07-2023, published in the Belgian State Gazette on 19-07-2023. The 2017 annual accounts show equity of €9,024 and a net result of -€3,376.

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ElsimmoBankruptcy closed

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Signals

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

+raises risk○neutral

Bankruptcy closed

The Belgian State Gazette published the closure of the bankruptcy. The latest notice is dated 19-07-2023. The KBO register has not yet processed that closure. The register usually follows the Staatsblad later, so the newer publication in the Staatsblad prevails.

Belgian State Gazette

Filed after the deadline

The financial year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 10-08-2018, 10 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 · 1 filing

Deviation from the deadline

2017

10 d late

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its 2017 accounts 10 days after the deadline; the Belgian median for financial year 2017 is 4 days before the deadline, and 41% of all filings were late.

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 23 December 2016, Elsimmo was incorporated.¹ The company has filed annual accounts once, for fiscal year 2017.² The company was declared bankrupt on 21 February 2022; the bankruptcy was closed on 7 July 2023.³⁴

Go further with this company

Still owed money by this company? This is how you file your claim.Creditor guide Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Address check Are there other customers at risk in your own list?Debtor check

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

Financials · fiscal year 2017, micro schema

Equity

€9,024

Total assets

€14,904

Net result

-€3,376

Working capital

€8,686

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition

Assets €14,904

97.7%

Fixed assets €338

Current assets €14,566

Equity and liabilities €14,904

60.5%

39.5%

Equity €9,024

Debt €5,880

Debt finances 39.5% of the balance-sheet total.

Key figures and ratios

2017 value

EBITDA

-€2,989

Cash flow

-€3,185

Current ratio

2.48

ROE

-37.4%

ROA

-22.6%

Debt ≤ 1 year

€5,880

Income taxes

€128

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2017 · 22 lines

Balance sheet Code2017

Assets

Total assets20/58€14,904

Fixed assets21/28€338

Tangible fixed assets22/27€338

Current assets29/58€14,566

Amounts receivable within one year40/41€513

Cash at bank and in hand54/58€14,053

Equity and liabilities

Total equity and liabilities10/49€14,904

Equity10/15€9,024

Contributions10/11€12,400

Profit (loss) carried forward14-€3,376

Amounts payable17/49€5,880

Amounts payable within one year42/48€5,880

Trade debts44€424

Income statement Code2017

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€191

Gross operating margin9900-€2,257

Operating profit (loss)9901-€3,180

Recurring financial income75€0

Recurring financial charges65€68

Profit (loss) for the period before taxes9903-€3,248

Income taxes67/77€128

Profit (loss) for the period9904-€3,376

Profit (loss) for the period to be appropriated9905-€3,376

Line	2017
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€191
Gross operating margin9900	-€2,257
Operating profit (loss)9901	-€3,180
Recurring financial income75	€0
Recurring financial charges65	€68
Profit (loss) for the period before taxes9903	-€3,248
Income taxes67/77	€128
Profit (loss) for the period9904	-€3,376
Profit (loss) for the period to be appropriated9905	-€3,376

Line	2017
Assets
Total assets20/58	€14,904
Fixed assets21/28	€338
Tangible fixed assets22/27	€338
Current assets29/58	€14,566
Amounts receivable within one year40/41	€513
Cash at bank and in hand54/58	€14,053
Equity and liabilities
Total equity and liabilities10/49	€14,904
Equity10/15	€9,024
Contributions10/11	€12,400
Profit (loss) carried forward14	-€3,376
Amounts payable17/49	€5,880
Amounts payable within one year42/48	€5,880
Trade debts44	€424

Line	2017
Profit (loss) for the period9904	-€3,376
+ Depreciation and write-downs630	€191
Operating cash flow (approximation)	-€3,185

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

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Timeline · acts, filings and financial milestones

All 4Signals 3Filings 1

2023

15-12

KBO administration Address struck

19-07

Bankruptcy Bankruptcy closure (insufficient assets)

Tribunal de l’entreprise francophone de Bruxelles · event 07-07-2023

2022

02-03

Bankruptcy Opening

Tribunal de l’entreprise francophone de Bruxelles · event 21-02-2022

2018

10-08

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 10 days late

SignalNBB filing

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

Registered office, Sint-Agatha-Berchem · 1 establishment unit since 2017

seat establishment approximate The establishment unit on the map

Ground area

910 m²

Building footprint

489 m²

Volume, LiDAR

3,519 m³

2 parcels, Brussels, Wallonia · tallest building 11.0 m, ±2 floors. Linked by address, not a title deed.

295 companies at this address See who is registered here

1 establishment unit

Elsimmo

Grand'Route 4, 1435 Mont-Saint-GuibertReal estate activities

since 20172.260.392.879

2 parcels

Wallonia 1 (50%) Brussels 1 (50%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
25020A0287/00Y002indicative	Wallonia	621 m²	1 · 196 m²	11.0 m · 2 fl.
21342B0043/00F003	Brussels	290 m²	1 · 293 m²	10.6 m · 2 fl.

Linked by address, not proof of ownership

Good to know

1 of 2 parcels with an exact address match; the rest are indicative.

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

Insolvency mandates

1 mandate

Role	Name	Tenure
Curator	ANTHONY BOCHON AVENUE LOUISE 522 BOITE 1, 1050 IXELLES ↔ Also on 160 other cases	21-02-2022 → 07-07-2023

Identification & contact

Identification

Legal formPrivate limited company (pre-2019)

Founded23-12-2016

Fiscal year end31-12

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.

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