OPENING OF BANKRUPTCY

ELT

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Company — Opening of bankruptcy.

Financial year 2019 · Closed on 31/03/2019

Net result-55,8 k €-119,8 %over 1 year

Gross margin-11,3 k €-149,6 %over 1 year

Equity122 k €-31,4 %over 1 year

Workforce1,0 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

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

Activities (NACE)

47552Retail sale of other household equipment in specialised stores· main 47592Retail sale of furniture, lighting equipment and other household articles in specialised stores 52442Warehousing and support activities for transportation 25530Forging, pressing, stamping and roll-forming of metal; powder metallurgy 25620Machining 28520Manufacture of machinery and equipment n.e.c.+12

Joint committees (3)

100
14901
200

Contacts

4 public details availableLog in to view

Signals

Solid equityGood liquidity

Financials

Source · NBB, 14 filings

Trend over 13 financial years

	2019		2018		2017		2016		2015
Income statement
Gross margin	-11,3 k €	-150%	22,7 k €	-65.2%	65,3 k €	-59.0%	159,5 k €	-7.4%	172,3 k €
EBITDA	-50,3 k €	-191%	-17,3 k €	-524%	-2,8 k €	-108%	34,1 k €	-8.1%	37,1 k €
Operating result	-53,6 k €	-124%	-24 k €	-162%	-9,1 k €	-145%	20,4 k €	+7.1%	19,1 k €
Net result	-55,8 k €	-120%	-25,4 k €	-299%	-6,4 k €	-161%	10,4 k €	-40.3%	17,4 k €
Balance sheet
Equity	122 k €	-31.4%	177,8 k €	-12.5%	203,2 k €	-3.0%	209,6 k €	-26.8%	286,2 k €
Total assets	245,6 k €	-22.0%	315 k €	-13.2%	362,9 k €	+0.3%	362 k €	-39.1%	594,7 k €
Cash	15,5 k €	-41.7%	26,5 k €	-25.3%	35,5 k €	+63.4%	21,8 k €	-82.1%	121,8 k €
Debts	123,2 k €	-9.3%	135,8 k €	-13.4%	156,7 k €	+2.8%	152,4 k €	-50.2%	306 k €
Other
Workforce	1,0 ETP	0.0%	1,0 ETP	-28.6%	1,4 ETP	-30.0%	2,0 ETP	0.0%	2,0 ETP

Board of directors

Source · NBB, accounts to 31/03/2019

2 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Dimitri Wellens	Director28/12/2015 → 27/12/2021
WELA0639.839.021Represented by Dimitri Wellens	Mandate28/12/2015 → 27/12/2021

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
JUMO0439.952.705Represented by Monique Verschueren	Managing director11/07/2013 → 2014 accounts
Nike De Vos	Director11/06/2013 → 2015 accounts
BARTOLOMEUS DE SMET	Director2012 accounts

Other companies at this address

Mechelbaan 676 2580 Putte

Company	CBE no.
WELA● Bankrupt	0639.839.021

Full financial information

Source · NBB

	2020	2019	2018	2017	2016	2015
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/04/2019	01/04/2018	01/04/2017	01/04/2016	01/04/2015	01/04/2014
Closing of the financial year	31/03/2020	31/03/2019	31/03/2018	31/03/2017	31/03/2016	31/03/2015
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	20/11/2020	31/10/2019	16/10/2018	24/10/2017	27/10/2016	29/09/2015
General meeting	17/09/2020	19/09/2019	20/09/2018	21/09/2017	15/09/2016	17/09/2015
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 14 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/03/2020	17/09/2020	20/11/2020	Dutch	PDF
Abridged model	31/03/2019	19/09/2019	31/10/2019	Dutch	PDF
Abridged model	31/03/2018	20/09/2018	16/10/2018	Dutch	PDF
Abridged model	31/03/2017	21/09/2017	24/10/2017	Dutch	PDF
Abridged model	31/03/2016	15/09/2016	27/10/2016	Dutch	PDF
Abridged model	31/03/2015	17/09/2015	29/09/2015	Dutch	PDF
Abridged model	31/03/2014	18/09/2014	29/09/2014	Dutch	PDF
Abridged model	31/03/2013	19/09/2013	28/11/2013	Dutch	PDF
Abridged model	31/03/2012	29/09/2012	27/10/2012	Dutch	PDF
Abridged model	31/03/2011	29/09/2011	27/10/2011	Dutch	PDF
Abridged model	31/03/2010	30/09/2010	20/10/2010	Dutch	PDF
Abridged model	31/03/2009	24/09/2009	19/10/2009	Dutch	PDF
Abridged model	31/03/2008	23/10/2008	30/10/2008	Dutch	PDF
Abridged model	31/03/2007	20/09/2007	18/10/2007	Dutch	PDF

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.

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Disclaimer

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

Board of directors

Source · NBB, accounts to 31/03/2019

2 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Dimitri Wellens	Director28/12/2015 → 27/12/2021
WELA0639.839.021Represented by Dimitri Wellens	Mandate28/12/2015 → 27/12/2021

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
JUMO0439.952.705Represented by Monique Verschueren	Managing director11/07/2013 → 2014 accounts
Nike De Vos	Director11/06/2013 → 2015 accounts
BARTOLOMEUS DE SMET	Director2012 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates22/02/2016
Ontslag bestuurders en benoeming bestuurder en gedelegeerd bestuurder |
PDF
Mandates04/07/2013
Ontslag/benoeming bestuurders - wijziging maatschappelijke zetel
PDF
Capital / shares23/03/2004
ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Similar companies

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

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Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings13 filings

Mandates

WELA

Dimitri Wellens

JUMO

Nike De Vos

BARTOLOMEUS DE SMET

200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

ELT

No data

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Mechelbaan 676 bte 1, 2580 PutteCurrent		CBE

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
ELTCurrent	accounts 2007 → 2019	Accounts 2019 · 2019-72900275

Events

2019
Annual accounts 2019-55,8 k €↓
2018
Annual accounts 2018-25,4 k €↓
2017
Annual accounts 2017-6,4 k €↓
2016
Annual accounts 201610,4 k €↓
2015
Annual accounts 201517,4 k €↑
2014
Annual accounts 201413,1 k €↓
2013
Annual accounts 201351,5 k €↑
2012
Annual accounts 201228,6 k €↓
2011
Annual accounts 201139,9 k €↑
2010
Annual accounts 201030,4 k €↑
2009
Annual accounts 200924,2 k €↑
2008
Annual accounts 200816 k €↑
2007
Annual accounts 200714,7 k €
19/07/2000
IncorporationPublic limited company

ELT

Overview

Identity

Financials

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events