OPENING OF BANKRUPTCY

ELT

Financial year 2019 · closed on 31/03/2019
Net result
-55,8 k €
-119.8% YoY
Gross margin
-11,3 k €
-149.6% YoY
Equity
122 k €
-31.4% YoY
Workforce
1,0 ETP
0.0% YoY

Company — Opening of bankruptcy.

What does ELT do?

ELT is a Public limited company incorporated in 2000. Its main activity is: Retail sale of other household equipment in specialised stores. Its registered office is in Putte. It employs on average 1,0 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0472.444.834
Incorporation
19/07/2000
Legal form
Public limited company
Registered office
Mechelbaan 676 box 1
2580 Putte · FlandreSee on map
Latest accounts
31/03/2019
Average workforce
1,0 ETP
Joint committees (3)
  • 100
  • 14901
  • 200
Contacts
4 public details availableLog in to view
Signals
Solid equityGood liquidity
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2019201820172016201520142013201220112010200920082007
Income statement
Gross margin-11,3 k €22,7 k €65,3 k €159,5 k €172,3 k €175,6 k €209,3 k €153,5 k €176,5 k €162 k €150,9 k €146,7 k €141,2 k €
EBITDA-50,3 k €-17,3 k €-2,8 k €34,1 k €37,1 k €27,4 k €81,3 k €47,2 k €73,3 k €58,8 k €49,7 k €43,1 k €36,6 k €
Operating result-53,6 k €-24 k €-9,1 k €20,4 k €19,1 k €10,3 k €74,6 k €40,3 k €61,9 k €43,3 k €36,6 k €23,3 k €21 k €
Net result-55,8 k €-25,4 k €-6,4 k €10,4 k €17,4 k €13,1 k €51,5 k €28,6 k €39,9 k €30,4 k €24,2 k €16 k €14,7 k €
Balance sheet
Equity122 k €177,8 k €203,2 k €209,6 k €286,2 k €268,8 k €255,7 k €204,2 k €175,6 k €149,2 k €132,3 k €121,6 k €119,1 k €
Total assets245,6 k €315 k €362,9 k €362 k €594,7 k €414,2 k €447,6 k €415,4 k €417,7 k €346 k €342,2 k €343,6 k €265,6 k €
Cash15,5 k €26,5 k €35,5 k €21,8 k €121,8 k €65,8 k €69,5 k €46,9 k €35,6 k €13,1 k €37,6 k €18,8 k €48,1 k €
Debts123,2 k €135,8 k €156,7 k €152,4 k €306 k €141,8 k €190,2 k €211,2 k €242,1 k €196,8 k €209,9 k €222 k €146,4 k €
Other
Workforce1,0 ETP1,0 ETP1,4 ETP2,0 ETP2,0 ETP2,6 ETP2,6 ETP2,1 ETP2,0 ETP2,1 ETP2,2 ETP2,0 ETP2,0 ETP
Governance

Board of directors

Seen on filing of 31/03/2019 · 2 active · 7 ended

Active mandates

Dimitri Wellens

Director · since 28 décembre 2015 · until 27 décembre 2021

Active
WELA

Mandate · since 28 décembre 2015 · until 27 décembre 2021 · 0639.839.021

Represented by Dimitri Wellens

Active

Ended mandates

JUMO

Managing director · since 11 juillet 2013 · until 10 juillet 2019 · 0439.952.705

Represented by Monique Verschueren

Ended
Nike De Vos

Director · since 11 juillet 2013 · until 10 juillet 2019

Ended
Nike De Vos

Director · since 11 juin 2013 · until 28 décembre 2015

Ended
BARTOLOMEUS DE SMET

Director

Ended
At this address

Other companies at this address

CompanyCBE no.
WELABankrupt
0639.839.021
Annual accounts

Full financial information

202020192018201720162015
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/04/201901/04/201801/04/201701/04/201601/04/201501/04/2014
Closing of the financial year31/03/202031/03/201931/03/201831/03/201731/03/201631/03/2015
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date20/11/202031/10/201916/10/201824/10/201727/10/201629/09/2015
General meeting17/09/202019/09/201920/09/201821/09/201715/09/201617/09/2015
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

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/202017/09/202020/11/2020DutchPDF
Abridged model31/03/201919/09/201931/10/2019DutchPDF
Abridged model31/03/201820/09/201816/10/2018DutchPDF
Abridged model31/03/201721/09/201724/10/2017DutchPDF
Abridged model31/03/201615/09/201627/10/2016DutchPDF
Abridged model31/03/201517/09/201529/09/2015DutchPDF
Abridged model31/03/201418/09/201429/09/2014DutchPDF
Abridged model31/03/201319/09/201328/11/2013DutchPDF
Abridged model31/03/201229/09/201227/10/2012DutchPDF
Abridged model31/03/201129/09/201127/10/2011DutchPDF
Abridged model31/03/201030/09/201020/10/2010DutchPDF
Abridged model31/03/200924/09/200919/10/2009DutchPDF
Abridged model31/03/200823/10/200830/10/2008DutchPDF
Abridged model31/03/200720/09/200718/10/2007DutchPDF
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 31/03/2019 · 2 active · 7 ended

Active mandates

Dimitri Wellens

Director · since 28 décembre 2015 · until 27 décembre 2021

Active
WELA

Mandate · since 28 décembre 2015 · until 27 décembre 2021 · 0639.839.021

Represented by Dimitri Wellens

Active

Ended mandates

JUMO

Managing director · since 11 juillet 2013 · until 10 juillet 2019 · 0439.952.705

Represented by Monique Verschueren

Ended
Nike De Vos

Director · since 11 juillet 2013 · until 10 juillet 2019

Ended
Nike De Vos

Director · since 11 juin 2013 · until 28 décembre 2015

Ended
BARTOLOMEUS DE SMET

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates22/02/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/07/2013
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares23/03/2004
    ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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. 2019
    Annual accounts 2019-55,8 k €
  2. 2018
    Annual accounts 2018-25,4 k €
  3. 2017
    Annual accounts 2017-6,4 k €
  4. 2016
    Annual accounts 201610,4 k €
  5. 2015
    Annual accounts 201517,4 k €
  6. 2014
    Annual accounts 201413,1 k €
  7. 2013
    Annual accounts 201351,5 k €
  8. 2012
    Annual accounts 201228,6 k €
  9. 2011
    Annual accounts 201139,9 k €
  10. 2010
    Annual accounts 201030,4 k €
  11. 2009
    Annual accounts 200924,2 k €
  12. 2008
    Annual accounts 200816 k €
  13. 2007
    Annual accounts 200714,7 k €
  14. 19/07/2000
    IncorporationPublic limited company