NORMAL SITUATION

ELEMENT 115

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Financial year 2024 · closed on 18/09/2024
Net result
-7,1 k €
+24.4% YoY
Gross margin
-6,3 k €
-378.4% YoY
Equity
1,3 k €
-92.3% YoY

Company — Normal situation.

What does ELEMENT 115 do?

ELEMENT 115 is a company registered in Belgium.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0894.012.079
Legal form
Private limited company
Contributed capital
20 000,00 €
Latest accounts
18/09/2024
Joint committees (1)
  • 200
Signals
Solid equity
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20242023202220212020201920192018201720162015201420132012201120102009
Income statement
Gross margin-6,3 k €2,3 k €-5,5 k €34,1 k €43 k €21 k €33 k €44,6 k €34,1 k €-7,8 k €-9,3 k €-1,8 k €-10,2 k €18 k €6,9 k €8,3 k €-4,7 k €
EBITDA-6,6 k €-4,6 k €-11,4 k €4,2 k €19,2 k €-9,2 k €-183,9 €23 k €18,3 k €-8,6 k €-10,3 k €-2,4 k €-10,9 k €17,5 k €6,6 k €7,9 k €-5,3 k €
Operating result-6,6 k €-7,9 k €-12,1 k €3,3 k €17,6 k €-12 k €-3,9 k €19,1 k €16,4 k €-10,5 k €-11,4 k €-2,9 k €-11,5 k €17,3 k €6,4 k €7,6 k €-5,6 k €
Net result-7,1 k €-9,4 k €-13,6 k €1,3 k €13,6 k €-13,1 k €-4 k €13,8 k €15,3 k €7,9 k €-920,2 €-5,1 k €-22,6 k €8,9 k €4,1 k €7,6 k €-6,3 k €
Balance sheet
Equity1,3 k €17,5 k €26,9 k €40,5 k €39,2 k €25,6 k €38,7 k €42,7 k €28,9 k €13,6 k €5,7 k €6,7 k €11,7 k €34,3 k €25,4 k €21,3 k €13,7 k €
Total assets1,3 k €21,9 k €29,9 k €51,6 k €52,6 k €38,4 k €48,5 k €55,8 k €40,3 k €29,6 k €28 k €20,8 k €33,4 k €39,9 k €31,7 k €28,1 k €21,6 k €
Cash123,4 €12,7 k €21,2 k €44,7 k €37,3 k €26,8 k €22,3 k €31,7 k €26,4 k €23,5 k €2,7 k €1,8 k €–10,4 k €6,3 k €2,7 k €36 €
Debts–3,4 k €3 k €11,1 k €12,3 k €11,7 k €8,7 k €12 k €11,4 k €16 k €22 k €13,9 k €21,4 k €5,5 k €6,3 k €6,7 k €7,8 k €
Governance

Board of directors

Seen on filing of 18/09/2024 · 1 active · 6 ended

Active mandates

Ben Mertens

Director · since 01 octobre 2007

Active

Ended mandates

Ben Mertens

Manager · since 05 décembre 2007

Ended
BEN MERTENS

Director · since 05 décembre 2007

Ended
Marc Hermans

Manager · since 05 décembre 2007

Ended
BEN MERTENS

Director

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/04/2019
Closing of the financial year18/09/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year9 months12 months12 months12 months12 months9 months
Filing date14/11/202406/06/202417/07/202312/05/202230/06/202101/07/2020
General meeting18/09/202431/05/202426/06/202329/04/202218/06/202129/06/2020
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

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model18/09/202418/09/202414/11/2024DutchPDF
Micro model31/12/202331/05/202406/06/2024DutchPDF
Micro model31/12/202226/06/202317/07/2023DutchPDF
Micro model31/12/202129/04/202212/05/2022DutchPDF
Micro model31/12/202018/06/202130/06/2021DutchPDF
Micro model31/12/201929/06/202001/07/2020DutchPDF
Micro model31/03/201905/09/201904/10/2019DutchPDF
Micro model31/03/201806/09/201827/09/2018DutchPDF
Micro model31/03/201710/07/201727/07/2017DutchPDF
Abridged model31/03/201617/07/201629/07/2016DutchPDF
Abridged model31/03/201522/05/201501/06/2015DutchPDF
Abridged model31/03/201423/09/201429/09/2014DutchPDF
Abridged model31/03/201307/08/201306/09/2013DutchPDF
Abridged model31/03/201206/09/201225/10/2012DutchPDF
Abridged model31/03/201101/09/201127/10/2011DutchPDF
Abridged model31/03/201002/09/201026/10/2010DutchPDF
Abridged model31/03/200903/09/200927/10/2009DutchPDF
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 18/09/2024 · 1 active · 6 ended

Active mandates

Ben Mertens

Director · since 01 octobre 2007

Active

Ended mandates

Ben Mertens

Manager · since 05 décembre 2007

Ended
BEN MERTENS

Director · since 05 décembre 2007

Ended
Marc Hermans

Manager · since 05 décembre 2007

Ended
BEN MERTENS

Director

Ended
Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024-7,1 k €↑
  2. 2023
    Annual accounts 2023-9,4 k €↑
  3. 2022
    Annual accounts 2022-13,6 k €↓
  4. 2021
    Annual accounts 20211,3 k €↓
  5. 2020
    Annual accounts 202013,6 k €↑
  6. 2019
    Annual accounts 2019-13,1 k €↓
  7. 2019
    Annual accounts 2019-4 k €↓
  8. 2018
    Annual accounts 201813,8 k €↓
  9. 2017
    Annual accounts 201715,3 k €↑
  10. 2016
    Annual accounts 20167,9 k €↑
  11. 2015
    Annual accounts 2015-920,2 €↑
  12. 2014
    Annual accounts 2014-5,1 k €↑
  13. 2013
    Annual accounts 2013-22,6 k €↓
  14. 2012
    Annual accounts 20128,9 k €↑
  15. 2011
    Annual accounts 20114,1 k €↓
  16. 2010
    Annual accounts 20107,6 k €↑
  17. 2009
    Annual accounts 2009-6,3 k €