OPENING OF BANKRUPTCY

ELGEKA

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Financial year 2016 · closed on 30/06/2016
Net result
-7,2 M €
-561.7% YoY
Revenue
13,5 M €
-47.2% YoY
Equity
496,9 k €
-93.5% YoY
Workforce
97,3 ETP
+2.0% YoY

Company — Opening of bankruptcy.

What does ELGEKA do?

ELGEKA is a Private company with limited liability incorporated in 1993. Its main activity is: Construction of utility projects for electricity and telecommunications. Its registered office is in Aalst. It employs on average 97,3 ETP workers (FTE).

Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0450.898.560
Incorporation
21/09/1993
Legal form
Private company with limited liability
Registered office
Nijverheidslaan 4 box 2
9308 Aalst · FlandreSee on map
Latest accounts
30/06/2016
Average workforce
97,3 ETP
Activities (NACE)
42220Construction of utility projects for electricity and telecommunications· main42220Construction of utility projects for electricity and telecommunications45310Wholesale trade of motor vehicle parts and accessories43211Electrical installation43211Electrical installation
Joint committees (2)
  • 124
  • 218
Signals
Healthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

201620152013201220112010200920082007
Income statement
Revenue13,5 M €25,5 M €21,5 M €––––7,5 M €6,5 M €
EBITDA-5,2 M €2,5 M €5,5 M €3,9 M €960,8 k €1,2 M €1,1 M €778,8 k €589,9 k €
Operating result-5,3 M €2,2 M €5,4 M €3,5 M €829,3 k €1 M €913,2 k €607,5 k €430,7 k €
Net result-7,2 M €1,6 M €3,5 M €2,1 M €424,8 k €637,5 k €564,8 k €398 k €229,1 k €
Balance sheet
Equity496,9 k €7,7 M €5,4 M €2,9 M €1,3 M €1,9 M €1,7 M €1,2 M €1,3 M €
Total assets8,7 M €15,7 M €12,2 M €8 M €5,2 M €4,4 M €4,1 M €4 M €3,5 M €
Cash399,2 k €2,4 M €815,2 k €2,1 M €589,5 k €565,4 k €368,8 k €941,6 k €897,4 k €
Debts8,2 M €7,9 M €6,8 M €5,1 M €3,9 M €2,5 M €2,3 M €2,8 M €2,1 M €
Other
Workforce97,3 ETP95,4 ETP98,2 ETP100,0 ETP100,0 ETP82,4 ETP78,4 ETP57,2 ETP50,5 ETP
Governance

Board of directors

Seen on filing of 30/06/2016 · 1 active · 1 ended

Active mandates

Decorent

Manager · since 07 septembre 2015 · 0475.876.159

Represented by . 5P Management Solutions

Active

Ended mandates

Geert De Cock

Manager

Ended
At this address

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Annual accounts

Full financial information

201620152014201320122011
Type of accountFull modelFull modelFull modelFull modelAbridged modelAbridged model
Start of the financial year01/07/201501/07/201401/07/201301/07/201201/07/201101/07/2010
Closing of the financial year30/06/201630/06/201530/06/201430/06/201330/06/201230/06/2011
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date16/01/201710/12/201530/01/201530/01/201402/04/201302/02/2012
General meeting04/01/201704/12/201530/01/201530/01/201407/12/201223/12/2011
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

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model30/06/201604/01/201716/01/2017DutchPDF
Full model30/06/201504/12/201510/12/2015DutchPDF
Full model30/06/201430/01/201530/01/2015DutchPDF
Full model30/06/201330/01/201430/01/2014DutchPDF
Abridged modelCorrection30/06/201207/12/201202/04/2013DutchPDF
Abridged model30/06/201207/12/201231/12/2012DutchPDF
Abridged model30/06/201123/12/201102/02/2012DutchPDF
Abridged model30/06/201031/12/201015/02/2011DutchPDF
Abridged model30/06/200931/12/200929/01/2010DutchPDF
Abridged model30/06/200805/12/200819/12/2008DutchPDF
Abridged model30/06/200714/12/200719/12/2007DutchPDF
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 30/06/2016 · 1 active · 1 ended

Active mandates

Decorent

Manager · since 07 septembre 2015 · 0475.876.159

Represented by . 5P Management Solutions

Active

Ended mandates

Geert De Cock

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other15/05/2017
    ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates04/05/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/09/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/06/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office25/09/2014
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates01/08/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/05/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office29/12/2003
    MAATSCHAPPELIJKE ZETEL
    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. 2016
    Annual accounts 2016-7,2 M €↓
  2. 2015
    Annual accounts 20151,6 M €↓
  3. 2013
    Annual accounts 20133,5 M €↑
  4. 2012
    Annual accounts 20122,1 M €↑
  5. 2011
    Annual accounts 2011424,8 k €↓
  6. 2010
    Annual accounts 2010637,5 k €↑
  7. 2009
    Annual accounts 2009564,8 k €↑
  8. 2008
    Annual accounts 2008398 k €↑
  9. 2007
    Annual accounts 2007229,1 k €
  10. 21/09/1993
    IncorporationPrivate company with limited liability