ELTIM
Open bankruptcyA bankruptcy procedure is open for ELTIM according to publications in the Belgian State Gazette; curator: SOFIE PAPEN.
Summary
The 2022 annual accounts show negative equity (-€818) and a net result of -€49,897.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Antwerp, Turnhout division
- Declared bankrupt
- 26 March 2024
- Supervising judge
- Dirk Schellens
- Official Gazette
- 02-04-2024 (pdf) ↗search the document for 2024/113503
Deadlines
- Provisional date payments stopped
- 26 March 2024A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 17 April 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 25 April 2024art. XX.104 and XX.155 CEL
- First verification report
- passed on 7 May 2024Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 26 March 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Sofie PapenLierseweg 116, 2200 Herentalsinfo@atriusadvocaten.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 04-07-2023, 27 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
27 d early
2021
2 d late
2020
44 d early
2019
36 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 26 days before 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 (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 Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, micro schema
Equity
-€818
2021 · €49,080
Total assets
€93,531▼ 35.4%
2021 · €144,874
Net result
-€49,897
2021 · €62,640
Working capital
-€3,548
2021 · €55,124
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
Line20182019202020212022
Operating result€4,250--€17,384€14,360€65,679▲ 357%-€42,081
Net result€2,347--€19,156€13,632€62,640▲ 360%-€49,897
Equity-€8,036--€27,192▼ 238%-€13,560▲ 50.1%€49,080-€818
Total assets€90,089-€68,487▼ 24.0%€84,853▲ 23.9%€144,874▲ 70.7%€93,531▼ 35.4%
Debt€98,125-€95,679▼ 2.5%€98,413▲ 2.9%€95,794▼ 2.7%€94,348▼ 1.5%
Working capital€11,266--€13,449€27,611€55,124▲ 99.6%-€3,548
Staff (FTE)2.5-1.5▼ 40.0%1.1▼ 26.7%2.8
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 €42,081 after €65,679 in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €93,531
Fixed assets
€49,730 ▲ 5.9%
Current assets
€43,801 ▼ 55.3%
Key figures and ratios
EBITDA
-€22,543▼
2021 · €83,242
Cash flow
-€30,359▼
2021 · €80,202
Solvency
-0.9%▼
2021 · 33.9%
Current ratio
0.93▼
2021 · 2.29
Quick ratio
0.69▼
2021 · 1.98
ROA
-53.3%▼
2021 · 43.2%
Interest coverage
-9.76▼
2021 · 49.75
Debt ≤ 1 year
€47,348▲
2021 · €42,794
Debt > 1 year
€47,000▼
2021 · €53,000
Staff costs
€89,903▲
2021 · €40,464
Equity ratios withheld: equity of -€818 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €53,815 | €25 | ▼ 100.0% |
| Remuneration, social security and pensions62 | - | - | - | €40,464 | €89,903 | ▲ 122% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,678 | €11,534 | €12,443 | €17,562 | €19,538 | ▲ 11.2% |
| Other operating charges640/8 | - | - | - | €4,938 | €5,081 | ▲ 2.9% |
| Non-recurring operating charges66A | - | - | - | - | €690 | - |
| Gross operating margin9900 | €107,439 | €137,965 | €77,465 | €128,643 | €73,131 | ▼ 43.2% |
| Operating profit (loss)9901 | €4,250 | -€17,384 | €14,360 | €65,679 | -€42,081 | ▼ 164% |
| Financial income75/76B | - | - | - | €67 | €13 | ▼ 80.6% |
| Recurring financial income75 | €3 | €11 | - | €67 | €13 | ▼ 80.6% |
| Financial charges65/66B | - | - | - | €1,673 | €7,829 | ▲ 368% |
| Recurring financial charges65 | €1,906 | €1,783 | €728 | €1,673 | €2,309 | ▲ 38.0% |
| Non-recurring financial charges66B | - | - | - | - | €5,520 | - |
| Profit (loss) for the period before taxes9903 | €2,347 | -€19,156 | €13,632 | €64,073 | -€49,897 | ▼ 178% |
| Income taxes67/77 | - | - | - | €1,433 | - | - |
| Profit (loss) for the period9904 | €2,347 | -€19,156 | €13,632 | €62,640 | -€49,897 | ▼ 180% |
| Profit (loss) for the period to be appropriated9905 | €2,347 | -€19,156 | €13,632 | €62,640 | -€49,897 | ▼ 180% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €90,089 | €68,487 | €84,853 | €144,874 | €93,531 | ▼ 35.4% |
| Fixed assets21/28 | €54,510 | €47,257 | €38,921 | €46,956 | €49,730 | ▲ 5.9% |
| Tangible fixed assets22/27 | €54,510 | €47,257 | €38,921 | €46,956 | €49,730 | ▲ 5.9% |
| Land and buildings22 | - | - | - | €600 | - | - |
| Plant, machinery and equipment23 | - | - | - | €46,067 | €49,730 | ▲ 8.0% |
| Furniture and vehicles24 | - | - | - | €289 | €0 | ▼ 100.0% |
| Current assets29/58 | €35,580 | €21,230 | €45,932 | €97,918 | €43,801 | ▼ 55.3% |
| Stocks and contracts in progress3 | €13,556 | €15,990 | €13,503 | €12,986 | €11,214 | ▼ 13.6% |
| Stocks30/36 | - | - | - | €12,986 | €11,214 | ▼ 13.6% |
| Amounts receivable within one year40/41 | €15,998 | €3,505 | €9,306 | €28,952 | €16,478 | ▼ 43.1% |
| Trade receivables40 | - | - | - | €9,534 | €14,255 | ▲ 49.5% |
| Other amounts receivable41 | - | - | - | €19,418 | €2,224 | ▼ 88.5% |
| Cash at bank and in hand54/58 | €6,026 | €1,735 | €23,124 | €55,980 | €16,108 | ▼ 71.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €90,089 | €68,487 | €84,853 | €144,874 | €93,531 | ▼ 35.4% |
| Equity10/15 | -€8,036 | -€27,192 | -€13,560 | €49,080 | -€818 | ▼ 102% |
| Contributions10/11 | €7,000 | €7,000 | €7,000 | €7,000 | €7,000 | = |
| Outside capital11 | - | - | - | €7,000 | €7,000 | = |
| Other1109/19 | - | - | - | €7,000 | €7,000 | = |
| Reserves13 | - | - | - | - | €42,080 | - |
| Distributable reserves133 | - | - | - | - | €42,080 | - |
| Profit (loss) carried forward14 | -€15,036 | -€34,192 | -€20,560 | €42,080 | -€49,897 | ▼ 219% |
| Amounts payable17/49 | €98,125 | €95,679 | €98,413 | €95,794 | €94,348 | ▼ 1.5% |
| Amounts payable after more than one year17 | €73,000 | €61,000 | €57,000 | €53,000 | €47,000 | ▼ 11.3% |
| Financial debts170/4 | - | - | - | €53,000 | €47,000 | ▼ 11.3% |
| Amounts payable within one year42/48 | €24,314 | €34,679 | €18,321 | €42,794 | €47,348 | ▲ 10.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €6,000 | €6,000 | = |
| Trade debts44 | €15,845 | €19,966 | €8,187 | €17,515 | €17,614 | ▲ 0.6% |
| Suppliers440/4 | - | - | - | €17,515 | €17,614 | ▲ 0.6% |
| Taxes, remuneration and social security45 | - | - | - | €19,279 | €15,612 | ▼ 19.0% |
| Taxes450/3 | - | - | - | €17,193 | €12,081 | ▼ 29.7% |
| Remuneration and social security454/9 | - | - | - | €2,086 | €3,531 | ▲ 69.3% |
| Other amounts payable47/48 | - | - | - | - | €8,122 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,347 | -€19,156 | €13,632 | €62,640 | -€49,897 | ▼ 180% |
| + Depreciation and write-downs630 | €10,678 | €11,534 | €12,443 | €17,562 | €19,538 | ▲ 11.2% |
| Operating cash flow (approximation) | €13,025 | -€7,622 | €26,075 | €80,202 | -€30,359 | ▼ 138% |
| Investment in fixed assets (approximation) | - | -€4,281 | -€4,107 | -€25,597 | -€22,312 | ▲ 12.8% |
| Change in cash | - | -€4,291 | €21,389 | €32,856 | -€39,872 | ▼ 221% |
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
2024
02-04
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 26-03-2024
2023
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€49,897
Net result drops to -€49,897, the lowest in the series.
02-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
31-12
Financial
Highest result since 2018net €62,640 ▲360%
Operating result €65,679, net result €62,640, both a record.
17-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €13,632
Net result €13,632 after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 2.51
Current ratio from 0.61 to 2.51; short-term debt falls from €34,679 to €18,321.
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Kasterlee
Ground area
2,353 m²
Building footprint
387 m²
Volume, LiDAR
2,510 m³
Parcel 13017E0003/00D004, Flanders · tallest building 10.7 m, ±2 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. |
|---|---|---|---|---|
| 13017E0003/00D004 | Flanders | 2,353 m² | 1 · 387 m² | 10.7 m · 2 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | SOFIE PAPEN LIERSEWEG 116, 2200 HERENTALS- |
26-03-2024 → present |
Identification & contact
Identification
Legal formPrivate limited company
Founded02-06-2017
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.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.