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ELYE

Open bankruptcy
Private limited company (pre-2019)founded 1987KBO/BCE: BE 0430.181.241

A bankruptcy procedure is open for ELYE according to publications in the Belgian State Gazette; curator: ANDY BEECKWEE.

Summary

The 2016 annual accounts show equity of €6,147 and a net result of -€13,360.

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 Ghent, Ghent division
Declared bankrupt
8 October 2019
Supervising judge
Pascale Hoste
Official Gazette
15-10-2019 (pdf) ↗search the document for 2019/152053

Deadlines

Provisional date payments stopped
8 October 2019A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 30 October 2019Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 7 November 2019art. XX.104 and XX.155 CEL
First verification report
passed on 13 November 2019Goods 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 8 October 2020Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Andy BeeckweeRijsenbergstraat 148, 9000 Gent- . 95560 Moniteur Belge — 15.10.2019 − Ed. 2 — Belgisch Staatsblada.beeckwee@portelio.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. 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.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. 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
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2016 was due by 31-07-2017 and was filed on 29-06-2017, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (1)
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 1987, ELYE was incorporated.1 Total assets went from EUR 99,803 in 2012 to EUR 6,507 in 2016.2 The company was declared bankrupt on 8 October 2019.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2012 and 2016
  3. 3Belgian State Gazette, 15-10-2019

Go further with this company

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

Financials · fiscal year 2016, micro schema

Equity
€6,147▼ 68.5%
2015 · €19,507
Total assets
€6,507▼ 83.0%
2015 · €38,264
Net result
-€13,360▼ 6.3%
2015 · -€12,566
Working capital
€6,147▼ 67.9%
2015 · €19,158
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
Line20122013201420152016
Operating result€895--€2,250-€50▲ 97.8%-€13,157▼ 26,469%-€13,982▼ 6.3%
Net result€3,935--€3,932-€19▲ 99.5%-€12,566▼ 64,808%-€13,360▼ 6.3%
Equity€36,025-€32,093▼ 10.9%€32,073▼ 0.1%€19,507▼ 39.2%€6,147▼ 68.5%
Total assets€99,803-€86,245▼ 13.6%€68,176▼ 21.0%€38,264▼ 43.9%€6,507▼ 83.0%
Debt€63,778-€54,153▼ 15.1%€36,103▼ 33.3%€18,757▼ 48.0%€359▼ 98.1%
Working capital€35,676-€31,744▼ 11.0%€31,725▼ 0.1%€19,158▼ 39.6%€6,147▼ 67.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€15,000-€10,000-€5,000€0€5,000Operating result 2012: €895€895Net result 2012: €3,935€3,935Operating result 2013: -€2,250-€2,250Net result 2013: -€3,932-€3,932Operating result 2014: -€50-€50Net result 2014: -€19-€19Operating result 2015: -€13,157-€13,157Net result 2015: -€12,566-€12,566Operating result 2016: -€13,982-€13,982Net result 2016: -€13,360-€13,36020122013201420152016-€15,000-€10,000-€5,000€0Operating result 2014: -€50-€50Net result 2014: -€19-€19Operating result 2015: -€13,157-€13,200Net result 2015: -€12,566-€12,600Operating result 2016: -€13,982-€14,000Net result 2016: -€13,360-€13,400201420152016
The operating result stays negative: a loss of €13,982 in 2016 against €13,157 in 2015; the loss grows and 2016 has the lowest result in the available series.
Balance-sheet composition
2016 in colour, 2015 as the grey bar beneath
Equity and liabilities €6,507
Equity €6,147 ▼ 68.5%
Debt €359 ▼ 98.1%
Debt's share of the balance-sheet total falls from 49.0% to 5.5%. Equity and debt are lower.
Key figures and ratios
2016 value · change against 2015
Current ratio
18.10▲
2015 · 2.02
ROE
-217.3%▼
2015 · -64.4%
ROA
-205.3%▼
2015 · -32.8%
Debt ≤ 1 year
€359▼
2015 · €18,757
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 · 2016 against 2015 · 22 lines
Balance sheet Code20152016
Assets
Total assets20/58€38,264€6,507▼
Fixed assets21/28€349-
Financial fixed assets28€349-
Current assets29/58€37,915€6,507▼
Stocks and contracts in progress3€3,536-
Amounts receivable within one year40/41€18,031€304▼
Cash at bank and in hand54/58€16,221€6,203▼
Equity and liabilities
Total equity and liabilities10/49€38,264€6,507▼
Equity10/15€19,507€6,147▼
Contributions10/11€57,016€57,016=
Reserves13€12,903€12,903=
Profit (loss) carried forward14-€50,412-€63,772▼
Amounts payable17/49€18,757€359▼
Amounts payable within one year42/48€18,757€359▼
Trade debts44€13,522€270▼
Income statement Code20152016
Gross operating margin9900-€12,546-€12,080▲
Operating profit (loss)9901-€13,157-€13,982▼
Recurring financial income75€1,798€662▼
Recurring financial charges65€1,207€40▼
Profit (loss) for the period before taxes9903-€12,566-€13,360▼
Profit (loss) for the period9904-€12,566-€13,360▼
Profit (loss) for the period to be appropriated9905-€12,566-€13,360▼
Line20122013201420152016Change
Gross operating margin9900€1,544-€1,355€9,979-€12,546-€12,080▲ 3.7%
Operating profit (loss)9901€895-€2,250-€50-€13,157-€13,982▼ 6.3%
Recurring financial income75€2,723€2,079€1,350€1,798€662▼ 63.2%
Recurring financial charges65€1,488€2,469€1,320€1,207€40▼ 96.7%
Profit (loss) for the period before taxes9903€4,610-€3,932-€19-€12,566-€13,360▼ 6.3%
Income taxes67/77€675€0----
Profit (loss) for the period9904€3,935-€3,932-€19-€12,566-€13,360▼ 6.3%
Profit (loss) for the period to be appropriated9905€3,935-€3,932-€19-€12,566-€13,360▼ 6.3%
Line20122013201420152016Change
Assets
Total assets20/58€99,803€86,245€68,176€38,264€6,507▼ 83.0%
Fixed assets21/28€349€349€349€349--
Financial fixed assets28€349€349€349€349--
Current assets29/58€99,454€85,897€67,828€37,915€6,507▼ 82.8%
Stocks and contracts in progress3€67,601€56,613€42,002€3,536--
Amounts receivable within one year40/41€31,093€26,183€23,385€18,031€304▼ 98.3%
Cash at bank and in hand54/58€760€3,101€2,313€16,221€6,203▼ 61.8%
Equity and liabilities
Total equity and liabilities10/49€99,803€86,245€68,176€38,264€6,507▼ 83.0%
Equity10/15€36,025€32,093€32,073€19,507€6,147▼ 68.5%
Contributions10/11€57,016€57,016€57,016€57,016€57,016=
Reserves13€12,903€12,903€12,903€12,903€12,903=
Profit (loss) carried forward14-€33,894-€37,826-€37,846-€50,412-€63,772▼ 26.5%
Amounts payable17/49€63,778€54,153€36,103€18,757€359▼ 98.1%
Amounts payable within one year42/48€63,778€54,153€36,103€18,757€359▼ 98.1%
Trade debts44€53,336€45,320€27,913€13,522€270▼ 98.0%
Line20122013201420152016Change
Profit (loss) for the period9904€3,935-€3,932-€19-€12,566-€13,360▼ 6.3%
Operating cash flow (approximation)€3,935-€3,932-€19-€12,566-€13,360▼ 6.3%
Investment in fixed assets (approximation)-€0€0€0--
Change in cash-€2,340-€788€13,908-€10,018▼ 172%

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

2019
15-10
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 08-10-2019
2017
29-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
31-12
Financial Weakest financial yearnet -€13,360
Net result drops to -€13,360, the lowest in the series.
31-12
Financial Liquidity times 9current ratio 18.10
Current ratio from 2.02 to 18.10; short-term debt falls from €18,757 to €359.
24-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
29-06
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
17-07
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
08-07
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
25-06
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema
2011
16-06
NBB filing Annual accounts filed
fiscal year 2010 · abbreviated schema
2010
28-06
NBB filing Annual accounts filed
fiscal year 2009 · abbreviated schema
2009
06-07
NBB filing Annual accounts filed
fiscal year 2008 · abbreviated schema
2008
19-06
NBB filing Annual accounts filed
fiscal year 2007 · abbreviated 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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Gent · 1 establishment unit since 1987
seat establishment The establishment unit on the map
Ground area
32 m²
Building footprint
35 m²
Volume, LiDAR
239 m³
Parcel 44810K0293/00L002, Flanders · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Establishment
NACE 51430
since 19872.033.731.001
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44810K0293/00L002 Flanders 32 m² 1 · 35 m² 10.2 m · 3 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 ANDY BEECKWEE
RIJSENBERGSTRAAT 148, 9000 GENT- . 95560 MONITEUR BELGE — 15.10.2019 − Ed. 2 — BELGISCH STAATSBLAD
08-10-2019 → present

Similar companies · same sector, comparable size

Of 1,513 companies in sector 47540 we hold annual accounts for 806. 202 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded07-01-1987
Fiscal year end31-12
Activities, NACEBEL 2025
47540Retail sale of electrical household appliances
46431Wholesale of electrical household appliances and audio-video equipment
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.