OPENING OF BANKRUPTCY

Castolin Eutectic Benelux

Financial year 2023 · closed on 31/12/2023
Net result
21,7 k €
+107.9% YoY
Gross margin
3,3 M €
+28.6% YoY
Equity
-713,5 k €
+2.9% YoY
Workforce
33,3 ETP
+14.0% YoY

Company — Opening of bankruptcy.

Strike-off: 16 juillet 2026

What does Castolin Eutectic Benelux do?

Castolin Eutectic Benelux is a Public limited company incorporated in 1955. Its registered office is in Enghien. It employs on average 33,3 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0402.932.258
Incorporation
16/12/1955
Legal form
Public limited company
Registered office
Rue des Ateliers(P.E.) 11
7850 Enghien · WallonieSee on map
Contributed capital
150 000,00 €
Latest accounts
31/12/2023
Average workforce
33,3 ETP
Joint committees (3)
  • 14904
  • 200
  • 218
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20232022202120172016201520142012201020092008
Income statement
Gross margin3,3 M €2,5 M €2,6 M €2,5 M €
EBITDA232 k €44,1 k €274,9 k €52,5 k €-128,1 k €291,1 k €-259 k €-89,9 k €-1,1 M €-1,5 M €422,9 k €
Operating result228,6 k €-134,6 k €47,2 k €-65,9 k €-14,8 k €182,1 k €-405,8 k €-292,8 k €-1,5 M €-1,7 M €361,2 k €
Net result21,7 k €-272,9 k €-79,3 k €-159,5 k €-105,8 k €65,4 k €-498,8 k €-346,4 k €-1 M €-1,6 M €156,5 k €
Balance sheet
Equity-713,5 k €-735,1 k €-462,3 k €-1,3 M €-1,2 M €-1,1 M €-1,1 M €-82,5 k €245,1 k €-739,8 k €894,8 k €
Total assets4,2 M €4,1 M €3,4 M €2,2 M €2,2 M €2,8 M €2,7 M €2,9 M €2,6 M €3,7 M €5,6 M €
Cash36,2 k €231,9 k €89,8 k €84,9 k €94,9 k €79,7 k €119,2 k €292,8 k €321,2 k €354,3 k €164 k €
Debts4,7 M €4,7 M €3,7 M €3,4 M €3,2 M €3,8 M €3,7 M €2,7 M €2,1 M €4,1 M €4,5 M €
Other
Workforce33,3 ETP29,2 ETP26,9 ETP34,2 ETP35,5 ETP37,7 ETP39,7 ETP40,2 ETP53,2 ETP75,4 ETP82,1 ETP
Governance

Board of directors

Seen on filing of 31/12/2023 · 5 active · 21 ended

Active mandates

Isabelle Van Der Beken

Director · since 24 juin 2025 · until 21 mai 2031

Active
Paul Vandegard

Director · since 24 juin 2025 · until 21 mai 2031

Active
Olivier Delarboulas

Director · since 01 juillet 2020 · until 13 février 2023

Active
Vincent Martin

Director · since 01 juillet 2020 · until 10 avril 2025

Active
Martin Kirchgassner

Director · since 22 mai 2019 · until 20 juin 2025

Active

Ended mandates

Olivier Delarboulas

Director · since 01 juillet 2020 · until 30 juin 2026

Ended
Vincent Martin

Director · since 01 juillet 2020 · until 30 juin 2026

Ended
Jörg Mosser

Director · since 22 mai 2019 · until 30 juin 2020

Ended
Jörg Mosser

Director · since 22 mai 2019 · until 21 mai 2025

Ended
Annual accounts

Full financial information

202320222021202020192018
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202301/01/202201/01/202101/01/202001/01/201901/01/2018
Closing of the financial year31/12/202331/12/202231/12/202131/12/202031/12/201931/12/2018
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date19/09/202518/01/202413/07/202229/06/202108/07/202017/06/2019
General meeting15/09/202505/12/202304/07/202218/06/202119/06/202022/05/2019
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

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202315/09/202519/09/2025FrenchPDF
Abridged model31/12/202205/12/202318/01/2024FrenchPDF
Abridged model31/12/202104/07/202213/07/2022FrenchPDF
Abridged model31/12/202018/06/202129/06/2021FrenchPDF
Abridged model31/12/201919/06/202008/07/2020FrenchPDF
Abridged model31/12/201822/05/201917/06/2019FrenchPDF
Abridged model31/12/201723/05/201814/06/2018FrenchPDF
Full model31/12/201624/05/201713/06/2017FrenchPDF
Full model31/12/201525/05/201610/06/2016FrenchPDF
Full model31/12/201427/05/201523/06/2015FrenchPDF
Full model31/12/201328/05/201423/06/2014FrenchPDF
Full model31/12/201222/05/201306/06/2013FrenchPDF
Full model31/12/201129/06/201205/07/2012FrenchPDF
Full model31/12/201030/06/201107/07/2011FrenchPDF
Full model31/12/200930/06/201028/07/2010FrenchPDF
Full model31/12/200823/06/200926/06/2009FrenchPDF
Full model31/12/200723/06/200816/10/2008FrenchPDF
Full model31/12/200628/03/200730/03/2007FrenchPDF
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 31/12/2023 · 5 active · 21 ended

Active mandates

Isabelle Van Der Beken

Director · since 24 juin 2025 · until 21 mai 2031

Active
Paul Vandegard

Director · since 24 juin 2025 · until 21 mai 2031

Active
Olivier Delarboulas

Director · since 01 juillet 2020 · until 13 février 2023

Active
Vincent Martin

Director · since 01 juillet 2020 · until 10 avril 2025

Active
Martin Kirchgassner

Director · since 22 mai 2019 · until 20 juin 2025

Active

Ended mandates

Olivier Delarboulas

Director · since 01 juillet 2020 · until 30 juin 2026

Ended
Vincent Martin

Director · since 01 juillet 2020 · until 30 juin 2026

Ended
Jörg Mosser

Director · since 22 mai 2019 · until 30 juin 2020

Ended
Jörg Mosser

Director · since 22 mai 2019 · until 21 mai 2025

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other06/07/2026
    PDF
  • Mandates22/05/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates01/09/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates21/01/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/12/2020
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DENOMINATION
    PDF
  • Mandates10/07/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates15/04/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates18/08/2017
    DEMISSIONS, NOMINATIONS
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2023
    Annual accounts 202321,7 k €
  2. 2022
    Annual accounts 2022-272,9 k €
  3. 2021
    Annual accounts 2021-79,3 k €
  4. 2017
    Annual accounts 2017-159,5 k €
  5. 2016
    Annual accounts 2016-105,8 k €
  6. 2015
    Annual accounts 201565,4 k €
  7. 2014
    Annual accounts 2014-498,8 k €
  8. 2012
    Annual accounts 2012-346,4 k €
  9. 2010
    Annual accounts 2010-1 M €
  10. 2009
    Annual accounts 2009-1,6 M €
  11. 2008
    Annual accounts 2008156,5 k €
  12. 16/12/1955
    IncorporationPublic limited company