NORMAL SITUATION

Etincel

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Financial year 2021 · closed on 31/12/2021

Net result

261,2 k €

+252.5% YoY

Gross margin

-3,9 k €

-111.2% YoY

Equity

669,6 k €

+64.0% YoY

Company — Normal situation.

What does Etincel do?

Etincel is a company registered in Belgium.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0404.246.708

Legal form

Public limited company

Contributed capital

62 000,00 €

Latest accounts

31/12/2021

Signals

ProfitableSolid equityGood liquidityPositive cashflow

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	-3,9 k €	-111%	34,9 k €	-18.5%	42,8 k €	+3.7%	41,2 k €	-9.0%	45,3 k €	-9.3%	50,0 k €	+3.4%	48,3 k €	+0.0%	48,3 k €	-18.1%	59,0 k €	-15.7%	69,9 k €	+27.2%	54,9 k €	-15.7%	65,2 k €	+17.5%	55,5 k €	+98.5%	28,0 k €	+350%	6,2 k €	+2868%	-224,4 €
EBITDA	-4,7 k €	-114%	34,4 k €	-17.8%	41,8 k €	+3.4%	40,4 k €	-9.5%	44,7 k €	-9.8%	49,5 k €	+12.3%	44,1 k €	-7.8%	47,9 k €	-17.6%	58,1 k €	-15.8%	69,0 k €	+26.8%	54,4 k €	-15.7%	64,5 k €	+17.6%	54,8 k €	+100%	27,4 k €	+409%	5,4 k €	+2499%	-224,4 €
Operating result	-4,7 k €	-114%	34,4 k €	-17.8%	41,8 k €	+4.5%	40,0 k €	-9.6%	44,3 k €	-9.9%	49,1 k €	+5.7%	46,5 k €	-0.9%	46,9 k €	+1.1%	46,4 k €	-27.1%	63,6 k €	+18.6%	53,7 k €	-13.0%	61,7 k €	+13.2%	54,5 k €	+102%	27,0 k €	+402%	5,4 k €	+2499%	-224,4 €
Net result	261,2 k €	+252%	74,1 k €	-31.2%	107,7 k €	+10.1%	97,8 k €	+17.8%	83,1 k €	-11.9%	94,3 k €	+204%	-90,9 k €	-173%	124,8 k €	+402%	24,9 k €	+125%	-100,4 k €	-500%	25,1 k €	-37.2%	40,0 k €	-9.9%	44,4 k €	+144%	18,2 k €	+240%	5,3 k €	+1375%	-418,8 €
Balance sheet
Equity	669,6 k €	+64.0%	408,4 k €	+22.2%	334,3 k €	+20.9%	276,6 k €	+54.7%	178,7 k €	-8.7%	195,7 k €	+25.1%	156,4 k €	-36.8%	247,3 k €	+102%	122,5 k €	+25.5%	97,6 k €	-0.4%	98,0 k €	+34.4%	72,9 k €	+121%	32,9 k €	+388%	-11,4 k €	+61.4%	-29,6 k €	+15.3%	-34,9 k €
Total assets	699,2 k €	+64.6%	424,8 k €	+7.6%	394,7 k €	+37.1%	287,9 k €	+53.3%	187,8 k €	-15.1%	221,2 k €	+20.3%	183,9 k €	-40.7%	310,1 k €	+8.5%	285,8 k €	-27.7%	395,2 k €	+11.4%	354,9 k €	+2.8%	345,3 k €	+9.3%	316,0 k €	+32.9%	237,9 k €	+2102%	10,8 k €	+4646%	227,6 €
Cash	54,4 k €	-36.3%	85,4 k €	+161%	32,7 k €	+33.2%	24,5 k €	-43.2%	43,3 k €	-48.3%	83,6 k €	+83.3%	45,6 k €	+15.6%	39,5 k €	+191%	13,5 k €	-88.1%	113,6 k €	+174%	41,4 k €	+150%	16,6 k €	+3.1%	16,0 k €	-15.1%	18,9 k €	+85.9%	10,2 k €	+9809%	102,6 €
Debts	29,6 k €	+79.7%	16,5 k €	-72.7%	60,4 k €	+435%	11,3 k €	+24.7%	9,0 k €	-63.9%	25,1 k €	-3.1%	25,9 k €	-57.2%	60,5 k €	-62.2%	160,1 k €	-45.1%	291,5 k €	+14.8%	253,9 k €	-2.7%	260,9 k €	-4.1%	272,0 k €	+13.5%	239,6 k €	+493%	40,4 k €	+14.9%	35,2 k €

Governance

Board of directors

Seen on filing of 31/12/2021 · 3 active · 17 ended

Active mandates

Alain DELCOURT

Managing director · since 20 avril 2017 · until 20 avril 2023

Active

Françoise de MAGNEE

Chairman of the board of directors · since 20 avril 2017 · until 20 avril 2023

Active

Muriel DELCOURT

Director · since 20 avril 2017 · until 20 avril 2023

Active

Ended mandates

Muriel DELCOURT

Director · since 21 avril 2017 · until 21 avril 2023

Ended

Hubert ROGISTER

Director · since 16 mai 2014 · until 16 novembre 2015

Ended

Hubert ROGISTER

Director · since 16 mai 2014 · until 20 avril 2017

Ended

Alain DELCOURT

Director · since 21 avril 2011 · until 21 avril 2017

Ended

Annual accounts

Full financial information

	2021	2020	2019	2018	2017	2016
Type of account	Micro model	Abridged model	Micro model	Abridged model	Abridged model	Micro model
Start of the financial year	01/01/2021	01/01/2020	01/01/2019	01/01/2018	01/01/2017	01/01/2016
Closing of the financial year	31/12/2021	31/12/2020	31/12/2019	31/12/2018	31/12/2017	31/12/2016
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	11/05/2022	14/05/2021	25/08/2020	16/07/2019	29/08/2018	01/06/2017
General meeting	21/04/2022	15/04/2021	28/05/2020	18/04/2019	19/04/2018	20/04/2017
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2021	21/04/2022	11/05/2022	French	PDF
Abridged model	31/12/2020	15/04/2021	14/05/2021	French	PDF
Micro model	31/12/2019	28/05/2020	25/08/2020	French	PDF
Abridged model	31/12/2018	18/04/2019	16/07/2019	French	PDF
Abridged model	31/12/2017	19/04/2018	29/08/2018	French	PDF
Micro model	31/12/2016	20/04/2017	01/06/2017	French	PDF
Abridged model	31/12/2015	21/04/2016	23/05/2016	French	PDF
Abridged model	31/12/2014	16/04/2015	02/06/2015	French	PDF
Abridged model	31/12/2013	17/04/2014	25/06/2014	French	PDF
Abridged model	31/12/2012	18/04/2013	27/05/2013	French	PDF
Abridged model	31/12/2011	03/05/2012	29/05/2012	French	PDF
Abridged model	31/12/2010	21/04/2011	12/07/2011	French	PDF
Abridged model	31/12/2009	15/04/2010	21/05/2010	French	PDF
Abridged model	31/12/2008	16/04/2009	10/07/2009	French	PDF
Abridged model	31/12/2007	17/04/2008	09/05/2008	French	PDF
Abridged model	31/12/2006	10/05/2007	21/09/2007	French	PDF

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 31/12/2021 · 3 active · 17 ended

Active mandates

Alain DELCOURT

Managing director · since 20 avril 2017 · until 20 avril 2023

Active

Françoise de MAGNEE

Chairman of the board of directors · since 20 avril 2017 · until 20 avril 2023

Active

Muriel DELCOURT

Director · since 20 avril 2017 · until 20 avril 2023

Active

Ended mandates

Muriel DELCOURT

Director · since 21 avril 2017 · until 21 avril 2023

Ended

Hubert ROGISTER

Director · since 16 mai 2014 · until 16 novembre 2015

Ended

Hubert ROGISTER

Director · since 16 mai 2014 · until 20 avril 2017

Ended

Alain DELCOURT

Director · since 21 avril 2011 · until 21 avril 2017

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Dissolution13/06/2022
RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...)
PDF
Capital / shares21/08/2017
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates26/06/2017
DEMISSIONS, NOMINATIONS
PDF
Registered office30/09/2015
SIEGE SOCIAL
PDF
Mandates03/06/2014
DEMISSIONS, NOMINATIONS
PDF
Mandates17/06/2013
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Capital / shares14/12/2012
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates02/02/2012
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
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

2021
Annual accounts 2021261,2 k €↑
2020
Annual accounts 202074,1 k €↓
2019
Annual accounts 2019107,7 k €↑
2018
Annual accounts 201897,8 k €↑
2017
Annual accounts 201783,1 k €↓
2016
Annual accounts 201694,3 k €↑
2015
Annual accounts 2015-90,9 k €↓
2014
Annual accounts 2014124,8 k €↑
2013
Annual accounts 201324,9 k €↑
2012
Annual accounts 2012-100,4 k €↓
2011
Annual accounts 201125,1 k €↓
2010
Annual accounts 201040,0 k €↓
2009
Annual accounts 200944,4 k €↑
2008
Annual accounts 200818,2 k €↑
2007
Annual accounts 20075,3 k €↑
2006
Annual accounts 2006-418,8 €

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Etincel

Overview

What does Etincel do?

Trend over 16 financial years

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline