Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
The EL Company from Kortrijk, company number BE0731563013, closed financial year 2023 with a result of € -134,450 after tax. For that financial year The EL Company recorded a gross margin of € 2.5 million and equity of € 374,788. Compared with financial year 2022, the result moved from € 373,812 to € -134,450. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 31, 2024.
€ 374,788
▼ 26% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -134,450
▼ still € 373,812 profit in 2022
Profit after tax over the fiscal year.
€ 315,482
▼ 25% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 372,288.
People and assets in 2023
44.4
▲ 21.1 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 2.3 million
▲ 154% vs 2022
€ 52,000 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.
€ 103,316
▲ € 78,793 vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 433,621
▲ € 408,385 vs 2022
€ 429,110 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 2.1 million
▲ 6% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 336,943
▲ 18% vs 2022
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|
| Gross margin | € 1,488,125 | € 2,450,300 | ▲ 65% |
| Profit after taxes | € 373,812 | € -134,450 | ▼ € 508,262 |
| Equity | € 509,238 | € 374,788 | ▼ 26% |
| Total debts | € 4,001,725 | € 2,967,841 | ▼ 26% |
| Cash | € 419,806 | € 315,482 | ▼ 25% |
| Land & buildings | € 18,769 | € 15,759 | ▼ 16% |
| Retained profit | € 506,738 | € 372,288 | ▼ 27% |
| Dividend | € 100,000 | € 0 | ▼ 100% |
| Bank debt | € 25,237 | € 433,621 | ▲ € 408,385 |
| Balance sheet total | € 4,585,455 | € 3,357,910 | ▼ 27% |
| Employees (FTE) | 23.3 | 44.4 | ▲ 21.1 |
Key figures of The EL Company, fiscal years 2022 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 30 January 2025.
What happened to The EL Company?
What happened at The EL Company in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
The EL Company is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 134,450 (▼ € 508,262 vs 2022). filed late Source: NBB ↗
- Salijaj Edrit became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 373,812 profit in 2022 to € 134,450 loss in 2023.
Paid € 101,691 in corporate taxes since 2022.
Best year ever: 2022, with € 373,812 profit.
On average € 55,200 of value added per employee in 2023.
A new publication or filing at The EL Company? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind The EL Company is Salijaj Edrit.
Directors
According to the 2023 annual accounts
Salijaj Edrit
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Deerlijksestraat(Kor) 57
8500 Kortrijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0731.563.013
- VAT number
- BE 0731.563.013
- Registered office
- Deerlijksestraat(Kor) 57, 8500 Kortrijk
- Names & denominations
- The EL Company
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 24 July 2019
- Peppol
- Not registered
- Activities · NACE
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