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ELSINGOR

Dissolution or liquidation
Public limited companyfounded 1997Avenue Robert Schuman 10, 1400 Nivelles, BelgiumKBO/BCE: BE 0459.577.090
Summary

The KBO register records for ELSINGOR the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2025 annual accounts show negative equity (-€537,159) and a net result of -€1,728.

ELSINGORDissolution or liquidation

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
192022232425
2019 to 2025 · latest year -€537,159
raises risk · Register: dissolution or liquidation
The KBO register records the legal situation: dissolution or liquidation. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2024
66 d early
2023
21 d early
2022
329 d late
2020
242 d late
2019
120 d late
2018
51 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 93 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-03-2026 close27-09-2026 today31-10-2026 deadline
neutral · 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

History

On 7 January 1997, ELSINGOR was incorporated.1 Total assets went from EUR 659,642 in 2019 to EUR 613,599 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

Financials · fiscal year 2025, micro schema

Equity
-€537,159▼ 0.3%
2024 · -€535,431
Total assets
€613,599▼ 0.3%
2024 · €615,327
Net result
-€1,728▲ 73.6%
2024 · -€6,545
Working capital
-€537,159▼ 0.3%
2024 · -€535,431
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202022202320242025
Operating result-€1,840▲ 99.4%-€1,185--€7,626▼ 543%-€6,518▲ 14.5%-€1,723▲ 73.6%
Net result-€1,842▲ 99.4%-€1,190--€7,653▼ 543%-€6,545▲ 14.5%-€1,728▲ 73.6%
Equity-€515,825▼ 0.4%-€521,233--€528,886▼ 1.5%-€535,431▼ 1.2%-€537,159▼ 0.3%
Total assets€631,985▼ 4.2%€628,274-€625,198▼ 0.5%€615,327▼ 1.6%€613,599▼ 0.3%
Debt€1.1m▼ 2.2%€1.1m-€1.2m▲ 0.4%€1.2m▼ 0.3%€1.2m=
Working capital-€515,825▼ 0.4%-€521,233--€528,886▼ 1.5%-€535,431▼ 1.2%-€537,159▼ 0.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
  • 2020 Net result +99% on 2019. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
-€8,000-€6,000-€4,000-€2,000€0Operating result 2020: -€1,840-€1,840Net result 2020: -€1,842-€1,842Operating result 2022: -€1,185-€1,185Net result 2022: -€1,190-€1,190Operating result 2023: -€7,626-€7,626Net result 2023: -€7,653-€7,653Operating result 2024: -€6,518-€6,518Net result 2024: -€6,545-€6,545Operating result 2025: -€1,723-€1,723Net result 2025: -€1,728-€1,72820202022202320242025-€8,000-€6,000-€4,000-€2,000€0Operating result 2023: -€7,626-€7,630Net result 2023: -€7,653-€7,650Operating result 2024: -€6,518-€6,520Net result 2024: -€6,545-€6,550Operating result 2025: -€1,723-€1,720Net result 2025: -€1,728-€1,730202320242025
The operating result stays negative: a loss of €1,723 in 2025 against €6,518 in 2024; the loss shrinks.
Key figures and ratios
2025 value · change against 2024
Solvency
-87.5%▼
2024 · -87.0%
Current ratio
0.53▼
2024 · 0.53
Debt to equity
-2.14▲
2024 · -2.15
ROA
-0.3%▲
2024 · -1.1%
Debt ≤ 1 year
€1.2m=
2024 · €1.2m
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 · 2025 against 2024 · 28 lines
Balance sheet Code20242025
Assets
Total assets20/58€615,327€613,599▼
Current assets29/58€615,327€613,599▼
Amounts receivable within one year40/41€60,848€60,848=
Other amounts receivable41€60,848€60,848=
Cash at bank and in hand54/58€554,478€552,750▼
Equity and liabilities
Total equity and liabilities10/49€615,327€613,599▼
Equity10/15-€535,431-€537,159▼
Contributions10/11€61,973€61,973=
Capital10€61,973€61,973=
Issued capital100€61,973€61,973=
Reserves13€6,200€6,200=
Non-distributable reserves130/1€6,200€6,200=
Legal reserve130€6,200€6,200=
Profit (loss) carried forward14-€603,605-€605,333▼
Amounts payable17/49€1.2m€1.2m=
Amounts payable within one year42/48€1.2m€1.2m=
Trade debts44€1,250€1,250=
Suppliers440/4€1,250€1,250=
Other amounts payable47/48€1.1m€1.1m=
Income statement Code20242025
Gross operating margin9900-€6,518-€1,723▲
Operating profit (loss)9901-€6,518-€1,723▲
Financial charges65/66B€27€5▼
Recurring financial charges65€27€5▼
Profit (loss) for the period before taxes9903-€6,545-€1,728▲
Profit (loss) for the period9904-€6,545-€1,728▲
Profit (loss) for the period to be appropriated9905-€6,545-€1,728▲
Appropriation of the result
Profit (loss) to be appropriated9906-€603,605-€605,333▼
Profit (loss) brought forward from the previous period14P-€597,060-€603,605▼
Line20202022202320242025Change
Other operating charges640/8--€1,250---
Gross operating margin9900-€1,465-€1,185-€6,376-€6,518-€1,723▲ 73.6%
Operating profit (loss)9901-€1,840-€1,185-€7,626-€6,518-€1,723▲ 73.6%
Recurring financial income75€3-----
Financial charges65/66B-€5€27€27€5▼ 81.6%
Recurring financial charges65€5€5€27€27€5▼ 81.6%
Profit (loss) for the period before taxes9903-€1,842-€1,190-€7,653-€6,545-€1,728▲ 73.6%
Profit (loss) for the period9904-€1,842-€1,190-€7,653-€6,545-€1,728▲ 73.6%
Profit (loss) for the period to be appropriated9905-€1,842-€1,190-€7,653-€6,545-€1,728▲ 73.6%
Line20202022202320242025Change
Assets
Total assets20/58€631,985€628,274€625,198€615,327€613,599▼ 0.3%
Current assets29/58€631,985€628,274€625,198€615,327€613,599▼ 0.3%
Amounts receivable within one year40/41€86,362€60,646€60,848€60,848€60,848=
Other amounts receivable41-€60,646€60,848€60,848€60,848=
Current investments50/53-€567,628€564,350---
Cash at bank and in hand54/58€545,623--€554,478€552,750▼ 0.3%
Equity and liabilities
Total equity and liabilities10/49€631,985€628,274€625,198€615,327€613,599▼ 0.3%
Equity10/15-€515,825-€521,233-€528,886-€535,431-€537,159▼ 0.3%
Contributions10/11-€61,973€61,973€61,973€61,973=
Capital10-€61,973€61,973€61,973€61,973=
Issued capital100-€61,973€61,973€61,973€61,973=
Reserves13€6,200€6,200€6,200€6,200€6,200=
Non-distributable reserves130/1-€6,200€6,200€6,200€6,200=
Legal reserve130-€6,200€6,200€6,200€6,200=
Profit (loss) carried forward14-€583,999-€589,407-€597,060-€603,605-€605,333▼ 0.3%
Amounts payable17/49€1.1m€1.1m€1.2m€1.2m€1.2m=
Amounts payable within one year42/48€1.1m€1.1m€1.2m€1.2m€1.2m=
Trade debts44€258-€4,576€1,250€1,250=
Suppliers440/4--€4,576€1,250€1,250=
Other amounts payable47/48-€1.1m€1.1m€1.1m€1.1m=
Line20202022202320242025Change
Profit (loss) for the period9904-€1,842-€1,190-€7,653-€6,545-€1,728▲ 73.6%
Operating cash flow (approximation)-€1,842-€1,190-€7,653-€6,545-€1,728▲ 73.6%
Change in cash-----€1,728-

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

Next filing, fiscal year 2026, expected by 31-10-2026
2025
30-10
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2024
26-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2023
10-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
25-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 329 days late
2021
30-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 242 days late
2020
28-02
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 120 days late
2018
21-12
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 51 days late
31-01
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 92 days late
2016
28-11
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 28 days late
27-04
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 179 days late
NBB filing
0 of 10 acts read
About the unread acts

We know of 10 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
10 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, Nivelles · 1 establishment unit since 1997
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.

Avenue Robert Schuman 101400 Nivelles
1 establishment unit
Avenue Robert Schuman 10, 1400 Nivelles
NACE 4531001
since 19972.079.887.955

Structure & network

Owners and holdings

1 owner

Chain of control

  1. Libutu Holding 99.96%
  2. ELSINGOR

Highest known parent: Libutu Holding. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPublic limited company
Founded07-01-1997
Fiscal year end31-03
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 27 September 2026 · Peppol Directory

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