OPENING OF BANKRUPTCY

ELMOTECH

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Financial year 2024 · closed on 31/12/2024

Net result

154,6 k €

+1675.5% YoY

Gross margin

591,7 k €

-15.6% YoY

Equity

20,5 k €

+42.8% YoY

Workforce

10,7 ETP

-36.3% YoY

Company — Opening of bankruptcy.

What does ELMOTECH do?

ELMOTECH is a Private company with limited liability incorporated in 2013. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Genk. It employs on average 10,7 ETP workers (FTE).

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0511.978.272

Incorporation

21/02/2013

Legal form

Private company with limited liability

Registered office

Snoekweyerstraat 2 box 3
3600 Genk · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2024

Average workforce

10,7 ETP

Activities (NACE)

43222Plumbing, heat and air-conditioning installation· main 43222Plumbing, heat and air-conditioning installation

Joint committees (1)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 12 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013
Income statement
Gross margin	591,7 k €	-15.6%	701,3 k €	-8.5%	766,5 k €	+58.5%	483,5 k €	+61.8%	298,9 k €	-46.3%	556,7 k €	+18.6%	469,3 k €	+55.2%	302,3 k €	-2.7%	310,7 k €	-1.1%	314,1 k €	+82.4%	172,2 k €	+294%	43,7 k €
EBITDA	154,8 k €	+448%	28,3 k €	-47.6%	54 k €	-25.9%	72,8 k €	+187%	-83,8 k €	-164%	131,1 k €	+29.5%	101,2 k €	+311%	24,6 k €	-40.9%	41,7 k €	-62.5%	111,1 k €	+113%	52,1 k €	+72.1%	30,3 k €
Operating result	200 k €	+1137%	16,2 k €	-61.8%	42,3 k €	+14.1%	37,1 k €	+137%	-99,7 k €	-195%	104,6 k €	+23.0%	85 k €	+654%	11,3 k €	-54.8%	25 k €	-74.1%	96,2 k €	+1901%	-5,3 k €	-122%	24,6 k €
Net result	154,6 k €	+1676%	8,7 k €	+35.9%	6,4 k €	-69.4%	21 k €	+121%	-102,2 k €	-256%	65,5 k €	+467%	11,6 k €	+291%	-6,1 k €	-151%	11,9 k €	-78.6%	55,5 k €	+805%	-7,9 k €	-146%	17 k €
Balance sheet
Equity	20,5 k €	+42.8%	14,3 k €	+155%	5,6 k €	+812%	-789 €	+96.4%	-21,8 k €	-127%	80,4 k €	+46.5%	54,9 k €	-38.4%	89 k €	-6.4%	95,1 k €	+14.3%	83,2 k €	+200%	27,7 k €	-22.2%	35,6 k €
Total assets	648,1 k €	-30.2%	927,9 k €	+106%	449,9 k €	+68.9%	266,4 k €	-27.9%	369,6 k €	+3.3%	357,7 k €	-0.9%	360,8 k €	+33.6%	270 k €	-19.5%	335,4 k €	+32.4%	253,3 k €	+80.5%	140,3 k €	-7.0%	150,9 k €
Cash	920,3 €	-96.5%	26,1 k €	+3304%	766,9 €	+12.7%	680,5 €	-96.8%	21,4 k €	+14.0%	18,8 k €	+1726%	1 k €	+144%	420,3 €	-95.5%	9,4 k €	-40.8%	15,9 k €	+727%	1,9 k €	+395%	387,5 €
Debts	627,6 k €	-31.3%	913,5 k €	+106%	442,9 k €	+66.7%	265,8 k €	-31.8%	389,9 k €	+41.3%	275,9 k €	-9.8%	305,9 k €	+69.0%	181 k €	-24.7%	240,3 k €	+41.3%	170,1 k €	+51.0%	112,6 k €	-2.3%	115,3 k €
Other
Workforce	10,7 ETP	-36.3%	16,8 ETP	0.0%	16,8 ETP	+47.4%	11,4 ETP	+11.8%	10,2 ETP	-7.3%	11,0 ETP	+14.6%	9,6 ETP	+3.2%	9,3 ETP	+5.7%	8,8 ETP	+29.4%	6,8 ETP	+112%	3,2 ETP	+700%	0,4 ETP

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 3 ended

Active mandates

Melih Tur

Andere functie · since 01 avril 2024

Active

Kubilay Tur

Andere functie · until 31 mars 2024

Active

Ended mandates

Cihan Tur

Andere functie

Ended

Cihan Tur

Director

Ended

Cihan Tur

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
E&F LOGISTICS● Active	1004.564.167
E.G. Projecten● Active	0827.477.801
Groep Ayba● Bankrupt	0658.722.941
H&A TECH● Active	0779.640.963
HVSE Services● Active	0899.411.615
PROTECH SERVICES● Liquidation	1010.842.344

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	26/06/2025	08/07/2024	18/06/2023	16/06/2022	09/06/2021	30/10/2020
General meeting	01/06/2025	01/06/2024	01/06/2023	01/06/2022	01/06/2021	10/08/2020
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

Ratios

Financial ratios

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Filings

Annual accounts filings

12 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	01/06/2025	26/06/2025	Dutch	PDF
Abridged model	31/12/2023	01/06/2024	08/07/2024	Dutch	PDF
Abridged model	31/12/2022	01/06/2023	18/06/2023	Dutch	PDF
Abridged model	31/12/2021	01/06/2022	16/06/2022	Dutch	PDF
Abridged model	31/12/2020	01/06/2021	09/06/2021	Dutch	PDF
Abridged model	31/12/2019	10/08/2020	30/10/2020	Dutch	PDF
Abridged model	31/12/2018	01/06/2019	31/07/2019	Dutch	PDF
Abridged model	31/12/2017	01/06/2018	20/09/2018	Dutch	PDF
Abridged model	31/12/2016	01/06/2017	02/09/2017	Dutch	PDF
Abridged model	31/12/2015	01/06/2016	13/07/2016	Dutch	PDF
Abridged model	31/12/2014	02/06/2015	16/09/2015	Dutch	PDF
Abridged model	31/12/2013	02/06/2014	04/08/2014	Dutch	PDF

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 31/12/2024 · 2 active · 3 ended

Active mandates

Melih Tur

Andere functie · since 01 avril 2024

Active

Kubilay Tur

Andere functie · until 31 mars 2024

Active

Ended mandates

Cihan Tur

Andere functie

Ended

Cihan Tur

Director

Ended

Cihan Tur

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/01/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/05/2024
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Mandates22/11/2023
ONTSLAGEN - BENOEMINGEN
PDF
Registered office01/02/2016
MAATSCHAPPELIJKE ZETEL
PDF
Mandates09/11/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/06/2013
ONTSLAGEN - BENOEMINGEN
PDF
Other25/02/2013
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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

2024
Annual accounts 2024154,6 k €↑
2023
Annual accounts 20238,7 k €↑
2022
Annual accounts 20226,4 k €↓
2021
Annual accounts 202121 k €↑
2020
Annual accounts 2020-102,2 k €↓
2019
Annual accounts 201965,5 k €↑
2018
Annual accounts 201811,6 k €↑
2017
Annual accounts 2017-6,1 k €↓
2016
Annual accounts 201611,9 k €↓
2015
Annual accounts 201555,5 k €↑
2014
Annual accounts 2014-7,9 k €↓
2013
Annual accounts 201317 k €
21/02/2013
IncorporationPrivate company with limited liability

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ELMOTECH

Overview

What does ELMOTECH do?

Trend over 12 financial years

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