Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 42 % of short-term debt in 2022; threshold 65 %.
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Busy address KBO
60 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2022
EL-MAX from Etterbeek, company number BE0457687273, closed financial year 2022 with a result of € -95,153 after tax. For that financial year EL-MAX recorded a gross margin of € 365,551 and equity of € -188,588. Compared with financial year 2021, the result moved from € 24,639 to € -95,153. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 26, 2023.
€ -188,588
▼ € 95,153 vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -95,153
▼ still € 24,639 profit in 2021
Profit after tax over the fiscal year.
€ 67,409
▲ 192% vs 2021
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -207,188.
People and assets in 2022
13.3
Average over the fiscal year, from the social balance sheet.
€ 432,397
▲ 55% vs 2021
€ 32,500 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.
€ 401
Book value of vehicles, furniture and equipment.
Debts at end 2022
None
No bank loans on the last day of the fiscal year.
€ 149,698
▲ 152% vs 2021
Supplier invoices still open on the last day of the fiscal year.
€ 237,962
▲ 48% vs 2021
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Gross margin | € 304,475 | € 365,551 | ▲ 20% |
| Profit after taxes | € 24,639 | € -95,153 | ▼ € 119,792 |
| Equity | € -93,435 | € -188,588 | ▼ € 95,153 |
| Total debts | € 220,709 | € 387,660 | ▲ 76% |
| Cash | € 23,090 | € 67,409 | ▲ 192% |
| Retained profit | € -112,035 | € -207,188 | ▼ € 95,153 |
| Balance sheet total | € 127,274 | € 199,072 | ▲ 56% |
| Employees (FTE) | - | 13.3 |
Key figures of EL-MAX, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.
What happened to EL-MAX?
What happened at EL-MAX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
EL-MAX is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2022: loss of € 95,153 (▼ € 119,792 vs 2021). filed late Source: NBB ↗
- Arie Milchman became a director. NBB
- New establishment in Sint-Pieters-Woluwe. KBO
- Start of the company according to the CBE. KBO
In short
From € 24,639 profit in 2021 to € 95,153 loss in 2022.
Paid € 458 in corporate taxes since 2021.
Best year ever: 2021, with € 24,639 profit.
On average € 27,500 of value added per employee in 2022.
Management
Behind EL-MAX is Arie Milchman.
Directors
According to the 2022 annual accounts
Arie Milchman
Chairman of the board
since 2022
Establishments
Establishment units
Physical locations of this company
Jachtlaan 133
1040 Etterbeek
Orbanlaan 208
1150 Sint-Pieters-Woluwe
Active since 22 January 1997
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 60 companies are registered at this address.
All companies at this address →+55 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0457.687.273
- VAT number
- BE 0457.687.273
- Registered office
- Jachtlaan 133, 1040 Etterbeek
- Names & denominations
- EL-MAX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 9 April 1996
- Peppol
- Not registered
- Activities · NACE
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