OPENING OF BANKRUPTCY

ELEN

Financial year 2018 · closed on 31/12/2018
Net result
675,6 €
+4849.2% YoY
Gross margin
3,3 k €
-14.8% YoY
Equity
-61,7 k €
+1.1% YoY

Company — Opening of bankruptcy.

What does ELEN do?

ELEN is a Private limited company incorporated in 1992. Its main activity is: Activities of insurance agents and brokers. Its registered office is in Gent.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0446.416.071
Incorporation
17/01/1992
Legal form
Private limited company
Registered office
Ajuinlei 1
9000 Gent · FlandreSee on map
Latest accounts
31/12/2018
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2018201720162015201420132012201120102009200820072006
Income statement
Gross margin3,3 k €3,9 k €3,1 k €7,5 k €7,8 k €21,1 k €-933,2 €8 k €14,7 k €5,1 k €5,7 k €5,3 k €2,2 k €
EBITDA2,7 k €3,4 k €2,4 k €2,8 k €-165,6 €20,1 k €-2 k €6,6 k €11,4 k €3,2 k €4,2 k €3,8 k €1,4 k €
Operating result2,7 k €3,4 k €2,4 k €2,8 k €-165,6 €16 k €-6 k €2,6 k €7,4 k €2,7 k €4 k €3,4 k €730,8 €
Net result675,6 €13,7 €-2,9 k €-2,9 k €-3,8 k €15,6 k €-8,1 k €-3,3 k €-7,9 k €158,5 €1,4 k €605,7 €-1,9 k €
Balance sheet
Equity-61,7 k €-62,4 k €-62,4 k €-59,5 k €-56,6 k €-52,7 k €-53,4 k €-45,2 k €-41,9 k €-34 k €-34,2 k €-35,5 k €-36,1 k €
Total assets12,2 k €14,3 k €15,3 k €13,5 k €15,4 k €23,2 k €27,8 k €19,1 k €28,4 k €24,4 k €22,6 k €22,8 k €22,4 k €
Cash1,2 k €1,2 k €1,2 k €1,2 k €1,2 k €7,1 k €11,4 k €2,6 k €3,4 k €2,7 k €3,5 k €4 k €5,2 k €
Debts73,9 k €76,2 k €77,2 k €67 k €71 k €75,9 k €81,2 k €64,4 k €64,3 k €42,4 k €40,7 k €42,3 k €51,5 k €
Other
Workforce0,2 ETP0,2 ETP
Governance

Board of directors

Seen on filing of 31/12/2018 · 3 active · 9 ended

Active mandates

ELEN

Director · since 01 janvier 2019 · until 14 mai 2022 · 0446.416.071

Represented by Photios Seiloglou

Active
David Bauwens

Director · since 29 janvier 2016 · until 01 janvier 2019

Active
Nicole De Pue

Managing director · since 29 janvier 2016 · until 01 janvier 2019

Active

Ended mandates

David Bauwens

Director · since 29 janvier 2016 · until 14 mai 2022

Ended
ELEN

Director · since 29 janvier 2016 · until 14 mai 2022 · 0446.416.071

Represented by Nicole De Pue

Ended
Nicole De Pue

Managing director · since 29 janvier 2016 · until 14 mai 2022

Ended
David Bauwens

Director · since 09 mai 2009 · until 09 mai 2015

Ended
At this address

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MEECO GROEPActive
0730.996.651
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0713.942.962
Sales-AddictActive
0820.931.784
Ventures4GrowthActive
0459.499.688
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0871.222.920
Annual accounts

Full financial information

201820172016201520142013
Type of accountMicro modelMicro modelMicro modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/201801/01/201701/01/201601/01/201501/01/201401/01/2013
Closing of the financial year31/12/201831/12/201731/12/201631/12/201531/12/201431/12/2013
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/08/201931/08/201831/07/201731/08/201631/08/201529/08/2014
General meeting11/05/201912/05/201813/05/201714/05/201609/05/201510/05/2014
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/201811/05/201930/08/2019DutchPDF
Micro model31/12/201712/05/201831/08/2018DutchPDF
Micro model31/12/201613/05/201731/07/2017DutchPDF
Abridged model31/12/201514/05/201631/08/2016DutchPDF
Abridged model31/12/201409/05/201531/08/2015DutchPDF
Abridged model31/12/201310/05/201429/08/2014DutchPDF
Abridged model31/12/201211/05/201329/08/2013DutchPDF
Abridged model31/12/201112/05/201231/08/2012DutchPDF
Abridged model31/12/201014/05/201130/08/2011DutchPDF
Abridged model31/12/200908/05/201031/08/2010DutchPDF
Abridged model31/12/200809/05/200928/08/2009DutchPDF
Abridged model31/12/200710/05/200828/08/2008DutchPDF
Abridged model31/12/200612/05/200730/07/2007DutchPDF
Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2018 · 3 active · 9 ended

Active mandates

ELEN

Director · since 01 janvier 2019 · until 14 mai 2022 · 0446.416.071

Represented by Photios Seiloglou

Active
David Bauwens

Director · since 29 janvier 2016 · until 01 janvier 2019

Active
Nicole De Pue

Managing director · since 29 janvier 2016 · until 01 janvier 2019

Active

Ended mandates

David Bauwens

Director · since 29 janvier 2016 · until 14 mai 2022

Ended
ELEN

Director · since 29 janvier 2016 · until 14 mai 2022 · 0446.416.071

Represented by Nicole De Pue

Ended
Nicole De Pue

Managing director · since 29 janvier 2016 · until 14 mai 2022

Ended
David Bauwens

Director · since 09 mai 2009 · until 09 mai 2015

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates18/03/2021
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Mandates05/04/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/09/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/08/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/12/2003
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2018
    Annual accounts 2018675,6 €
  2. 2017
    Annual accounts 201713,7 €
  3. 2016
    Annual accounts 2016-2,9 k €
  4. 2015
    Annual accounts 2015-2,9 k €
  5. 2014
    Annual accounts 2014-3,8 k €
  6. 2013
    Annual accounts 201315,6 k €
  7. 2012
    Annual accounts 2012-8,1 k €
  8. 2011
    Annual accounts 2011-3,3 k €
  9. 2010
    Annual accounts 2010-7,9 k €
  10. 2009
    Annual accounts 2009158,5 €
  11. 2008
    Annual accounts 20081,4 k €
  12. 2007
    Annual accounts 2007605,7 €
  13. 2006
    Annual accounts 2006-1,9 k €
  14. 17/01/1992
    IncorporationPrivate limited company