Bankrupt · Opening faillissement (CBE)

ELBEKO

BE0415360334

Rechtspersoon Public limited company 1 establishment

ELBEKO is a construction company in Zele. Public Limited, started on 1 September 1975, 1 establishment.

Lindestraat 13, 9240 Zele

Start date

1 September 1975

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 42 % of short-term debt in 2023; threshold 65 %.

  • Shrinking team NBB

    FTE fell two years in a row, from 48.7 to 24.1.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

ELBEKO from Zele, company number BE0415360334, closed financial year 2023 with a result of € -237,957 after tax. For that financial year ELBEKO recorded revenue of € 10.7 million and equity of € 1.8 million. Compared with financial year 2022, the result moved from € 38,859 to € -237,957. The company made a loss. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 25, 2024.

What it is worth Growing

€ 1.8 million

▲ 25% vs 2022

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -237,957

▼ still € 38,859 profit in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 231,843

▼ 7% vs 2022

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 570,988.

People and assets in 2023

Full-time equivalents

24.1

▼ 11.5 vs 2022

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 1.7 million

▼ 20% vs 2022

€ 71,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 879,715

▼ 12% vs 2022

Of which on lease € 852,043.

Debts at end 2023

Bank debt ≈ 2 years to go

€ 2.8 million

▲ 8% vs 2022

€ 428,296 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 1.8 million

▼ 21% vs 2022

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 69 days on average.

Taxes and wages

€ 305,721

▲ 2% vs 2022

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
202120222023Change 2022 → 2023
Revenue € 14,386,639 € 14,813,089 € 10,706,409 ▼ 28%
Profit after taxes € -356,061 € 38,859 € -237,957 ▼ € 276,816
Equity € 1,405,400 € 1,444,259 € 1,806,303 ▲ 25%
Total debts € 4,505,952 € 5,362,576 € 4,959,405 ▼ 8%
Cash € 115,710 € 248,123 € 231,843 ▼ 7%
Retained profit € 770,086 € 808,945 € 570,988 ▼ 29%
Bank debt € 2,262,930 € 2,599,059 € 2,818,827 ▲ 8%
Balance sheet total € 5,911,352 € 6,806,835 € 6,765,708 ▼ 1%
Employees (FTE) 48.7 35.6 24.1 ▼ 11.5

Key figures of ELBEKO, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.

What happened to ELBEKO?

What happened at ELBEKO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

ELBEKO is active according to the CBE. Legal situation: Opening faillissement.

  • Bert Schauwvlieghe stepped down as director. NBB
  • Paul Schauwvlieghe stepped down as director. NBB
  • Tim Schauwvlieghe stepped down as director. NBB
  • New annual accounts for financial year 2023: loss of € 237,957 (▼ € 276,816 vs 2022). filed late Source: NBB ↗
  • Bert Schauwvlieghe became a director. NBB
  • Paul Schauwvlieghe became a director. NBB
  • Tim Schauwvlieghe became a director. NBB
  • New establishment in Zele. KBO

In short

From € 356,061 loss in 2021 to € 237,957 loss in 2023.

Paid € 15,981 in corporate taxes since 2021.

Best year ever: 2022, with € 38,859 profit.

Pays suppliers within 69 days on average.

Management

Directors

According to the 2023 annual accounts

Bert Schauwvlieghe

Managing director

Also active at: ELDEMAR, PROMOVAL, ELGIM

since 2021 · until 2027

Paul Schauwvlieghe

Managing director

Also active at: ELDEMAR, PROMOVAL, ELGIM

since 2021 · until 2027

Tim Schauwvlieghe

Director

Also active at: ELDEMAR, PROMOVAL, ELGIM, BT Bouwcoördinatie

since 2021 · until 2027

Establishments

Establishment units

Physical locations of this company

Registered office

Lindestraat 13

9240 Zele

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0415.360.334
VAT number
BE 0415.360.334
Registered office
Lindestraat 13, 9240 Zele
Names & denominations
ELBEKO
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Opening faillissement
Start date
1 September 1975
Peppol
Not registered
Activities · NACE

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Frequently asked questions

What does ELBEKO do?
ELBEKO is a construction company in Zele. Public Limited, started on 1 September 1975, 1 establishment.
What is the address of ELBEKO?
The registered office of ELBEKO is located at Lindestraat 13, 9240 Zele.
Is ELBEKO still active?
No. The CBE lists ELBEKO with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is ELBEKO registered on Peppol?
No, ELBEKO is currently not registered on the Peppol network.
What is the enterprise number of ELBEKO?
The enterprise number of ELBEKO is BE0415360334.
When was ELBEKO founded?
ELBEKO was founded on 1 September 1975.