ELTHY CONSTRUCT
Open bankruptcyA bankruptcy procedure is open for ELTHY CONSTRUCT according to publications in the Belgian State Gazette; curator: NATHALIE VERMEERSCH. The 2022 annual accounts show negative equity (€-12k) and a net result of €-36k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 07-10-2023, 68 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
68 d late
2021
96 d late
2020
84 d late
2019
136 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, micro schema
Equity
€-12k
2021 · €24k
2018: €36k
2019: €37k
2020: €11k
2021: €24k
2018 → 2022
Total assets
€92k▲ 24.1%
2021 · €74k
2018: €152k
2019: €86k
2020: €57k
2021: €74k
2018 → 2022
Net result
€-36k
2021 · €13k
2018: €2k
2019: €1k
2020: €-26k
2021: €13k
2018 → 2022
Working capital
€-12k
2021 · €25k
2018: €33k
2019: €36k
2020: €12k
2021: €25k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€36k-€37k▲ 3.6%€11k▼ 69.7%€24k▲ 115%€-12k
Operating result€9k-€4k▼ 55.0%€-3k€14k€-22k
Net result€2k-€1k▼ 36.5%€-26k€13k€-36k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €22k after €14k in 2021, the lowest result in the available series.
Key figures and ratios
Solvency
-13.3%▼
2021 · 32.6%
Current ratio
0.89▼
2021 · 1.50
Quick ratio
0.73▼
2021 · 1.19
Debt / equity
-8.54▼
2021 · 2.07
ROA
-39.5%▼
2021 · 17.4%
Debt
€104k▲
2021 · €50k
Debt ≤ 1 year
€104k▲
2021 · €49k
Debt > 1 year
€611=
2021 · €611
Income taxes
€102▲
2021 · €99
Staff costs
€51k▼
2021 · €54k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€74k€92k▲
Current assets29/58€74k€92k▲
Stocks and contracts in progress3€15k€17k▲
Stocks30/36€12k€12k▲
Contracts in progress37€4k€5k▲
Amounts receivable within one year40/41€49k€70k▲
Trade receivables40€20k€26k▲
Other amounts receivable41€29k€43k▲
Cash at bank and in hand54/58€10k€6k▼
Equity and liabilities
Total equity and liabilities10/49€74k€92k▲
Equity10/15€24k€-12k▼
Contributions10/11€13k€13k=
Reserves13€12k€12k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€10k€10k=
Profit (loss) carried forward14€-875€-37k▼
Amounts payable17/49€50k€104k▲
Amounts payable after more than one year17€611€611=
Other amounts payable178/9€611€611=
Amounts payable within one year42/48€49k€104k▲
Financial debts43-€12
Credit institutions430/8-€12
Trade debts44€48k€100k▲
Suppliers440/4€48k€100k▲
Taxes, remuneration and social security45€1k€102▼
Taxes450/3€99€102▲
Remuneration and social security454/9€1k-
Other amounts payable47/48-€4k
Income statement
Code20212022
Remuneration, social security and pensions62€54k€51k▼
Other operating charges640/8€971€412▼
Gross operating margin9900€69k€30k▼
Operating profit (loss)9901€14k€-22k▼
Financial income75/76B€26€14▼
Recurring financial income75€26€14▼
Financial charges65/66B€1k€15k▲
Recurring financial charges65€1k€15k▲
Profit (loss) for the period before taxes9903€13k€-36k▼
Income taxes67/77€99€102▲
Profit (loss) for the period9904€13k€-36k▼
Profit (loss) for the period to be appropriated9905€13k€-36k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-875€-37k▼
Profit (loss) brought forward from the previous period14P€-14k€-875▲
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
08-11
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · ELTHY CONSTRUCT BVBA MOLENBAAN 186, 2900 SCHOTEN · event 02-11-2023
07-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 68 days late
2022
31-12
Financial
Weakest financial yearnet €-36k ▼381%
Net result drops to €-36k, the lowest in the series.
04-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 96 days late
2021
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
23-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 84 days late
2020
14-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 136 days late
2019
24-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 24 days late
2018
21-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 52 days late
2017
23-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 54 days late
2016
29-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 60 days late
2015
30-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 61 days late
2014
30-10
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 91 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Schoten · 1 establishment unit since 2012
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.
Molenbaan 1862900 SchotenGround area
1,145 m²
Building footprint
180 m²
Parcel 11040A0032/00F065, Flanders. Linked by address, not a title deed.
1 establishment unit
Molenbaan 186, 2900 Schoten
since 20122.209.183.215
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11040A0032/00F065 | Flanders | 1,145 m² | 1 · 180 m² | - |
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | NATHALIE VERMEERSCH PLANTINKAAI 10/21,
2000 ANTWERPEN 1 |
02-11-2023 → present |
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Of 3,963 companies in sector 43331 we hold annual accounts for 1,791. 1,424 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded23-01-2012
Fiscal year end31-12
Activities, NACEBEL
43331Floor and wall tiling
43422Screed work
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.