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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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
ELZ Solutions from Koekelare, company number BE0556617573, closed financial year 2023 with a result of € -25,377 after tax. For that financial year ELZ Solutions recorded a gross margin of € 881 and equity of € 42,416. Compared with financial year 2022, the result moved from € 29,450 to € -25,377. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 26, 2024.
€ 42,416
▼ 37% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -25,377
▼ still € 29,450 profit in 2022
Profit after tax over the fiscal year.
€ 1,705
▼ 48% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 39,416.
People and assets in 2023
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 23,869
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1,715
▲ 17% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 3,348
Loans from banks and other lenders, long and short.
€ 43,717
▼ 27% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 15,811
▲ 36% vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 18,056 | € 46,035 | € 881 | ▼ 98% |
| Profit after taxes | € 9,906 | € 29,450 | € -25,377 | ▼ € 54,827 |
| Equity | € 40,343 | € 67,793 | € 42,416 | ▼ 37% |
| Total debts | € 34,474 | € 86,765 | € 66,233 | ▼ 24% |
| Cash | € 5,992 | € 3,273 | € 1,705 | ▼ 48% |
| Retained profit | € 37,343 | € 64,793 | € 39,416 | ▼ 39% |
| Dividend | € 0 | € 2,000 | € 0 | ▼ 100% |
| Bank debt | € 3,904 | € 3,348 | € 3,348 | |
| Balance sheet total | € 74,817 | € 154,558 | € 108,649 | ▼ 30% |
Key figures of ELZ Solutions, 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 ELZ Solutions?
What happened at ELZ Solutions in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
ELZ Solutions is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 25,377 (▼ € 54,827 vs 2022). filed late Source: NBB ↗
- New establishment in Ichtegem. KBO
- James Reynaert became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 9,906 profit in 2021 to € 25,377 loss in 2023.
Paid € 10,167 in corporate taxes since 2021.
Best year ever: 2022, with € 29,450 profit.
Paid out € 2,000 in dividends to the owners in total.
Management
Behind ELZ Solutions is James Reynaert.
Directors
According to the 2023 annual accounts
James Reynaert
Director
since 2014
Establishments
Establishment units
Physical locations of this company
Dorpsstraat 57 box 5
8680 Koekelare
Oostendesteenweg(FICH) 68
8480 Ichtegem
Active since 15 July 2014
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.
Website
Technologies
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Hosting & Email
Hosting
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Website info
Features
Security
Network
Details
- Company number
- 0556.617.573
- VAT number
- BE 0556.617.573
- Registered office
- Dorpsstraat 57 bus 5, 8680 Koekelare
- Names & denominations
- ELZ Solutions
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 15 July 2014
- Peppol
- Not registered
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