OPENING OF BANKRUPTCY

TELEC

Export PDF
Financial year 2014 · closed on 31/12/2014
Net result
-2 M €
-2538.7% YoY
Gross margin
-1 M €
-228.3% YoY
Equity
1,8 M €
-52.6% YoY
Workforce
12,6 ETP
+14.5% YoY

Company — Opening of bankruptcy.

What does TELEC do?

TELEC is a Public limited company incorporated in 1969. Its main activity is: Wholesale of mining, construction and civil engineering machinery. Its registered office is in Herstal. It employs on average 12,6 ETP workers (FTE).

Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0406.775.834
Incorporation
04/07/1969
Legal form
Public limited company
Registered office
Rue des Alouettes 161
4041 Herstal · WallonieSee on map
Latest accounts
31/12/2014
Average workforce
12,6 ETP
Activities (NACE)
46630Wholesale of mining, construction and civil engineering machinery· main46630Wholesale of mining, construction and civil engineering machinery51820Air transport43120Site preparation43120Site preparation45112Sale of cars and light motor vehicles
Joint committees (2)
  • 100
  • 218
Signals
Solid equityGood liquidityHealthy social debts
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

201420132012201120102009200820072006
Income statement
Gross margin-1 M €797,7 k €483,6 k €604,5 k €504,3 k €466 k €1,1 M €877,2 k €728,3 k €
EBITDA-1,8 M €142,6 k €-78,5 k €124,6 k €-39,4 k €50,6 k €751 k €496,1 k €368,6 k €
Operating result-2 M €-1,9 k €-161,9 k €49,5 k €-67,5 k €33,2 k €725,5 k €466,6 k €339,3 k €
Net result-2 M €80,2 k €-57,4 k €209 k €83 k €159,4 k €749,8 k €653,1 k €503,1 k €
Balance sheet
Equity1,8 M €3,7 M €3,6 M €3,7 M €3,5 M €3,5 M €3,4 M €2,7 M €5,9 M €
Total assets3,9 M €4,8 M €4 M €4 M €3,9 M €3,7 M €3,6 M €3,8 M €6,2 M €
Cash85,5 k €442,8 k €630,8 k €1 M €623,8 k €617,8 k €490,5 k €242,8 k €968,4 k €
Debts2,1 M €1 M €321,8 k €306,2 k €340,7 k €196,3 k €280,6 k €1 M €232,3 k €
Other
Workforce12,6 ETP11,0 ETP7,8 ETP6,8 ETP7,8 ETP6,2 ETP5,9 ETP6,6 ETP6,6 ETP
Governance

Board of directors

Seen on filing of 31/12/2014 · 3 active · 4 ended

Active mandates

H. FICKERS CONSULTING

Managing director · 0832.572.279

Represented by Hermann FICKERS

Active
Hans-Günther KERPEN

Director

Active
Martin NEESE

Director

Active

Ended mandates

H FICKERS CONSULTING

Managing director · since 01 janvier 2011 · 0832.572.279

Represented by Hermann FICKERS

Ended
Dr. NEESE

Director

Ended
H. FICKERS

Managing director · until 31 décembre 2010

Ended
H. FICKERS

Managing director

Ended
Annual accounts

Full financial information

201420132012201120102009
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/201401/01/201301/01/201201/01/201101/01/201001/01/2009
Closing of the financial year31/12/201431/12/201331/12/201231/12/201131/12/201031/12/2009
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/08/201523/08/201415/07/201323/06/201216/06/201119/05/2010
General meeting11/08/201514/05/201408/05/201309/05/201211/05/201112/05/2010
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/201411/08/201528/08/2015FrenchPDF
Abridged model31/12/201314/05/201423/08/2014FrenchPDF
Abridged model31/12/201208/05/201315/07/2013FrenchPDF
Abridged model31/12/201109/05/201223/06/2012FrenchPDF
Abridged model31/12/201011/05/201116/06/2011FrenchPDF
Abridged model31/12/200912/05/201019/05/2010FrenchPDF
Abridged model31/12/200813/05/200902/07/2009FrenchPDF
Abridged model31/12/200714/05/200830/05/2008FrenchPDF
Abridged model31/12/200609/05/200706/06/2007FrenchPDF
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 31/12/2014 · 3 active · 4 ended

Active mandates

H. FICKERS CONSULTING

Managing director · 0832.572.279

Represented by Hermann FICKERS

Active
Hans-Günther KERPEN

Director

Active
Martin NEESE

Director

Active

Ended mandates

H FICKERS CONSULTING

Managing director · since 01 janvier 2011 · 0832.572.279

Represented by Hermann FICKERS

Ended
Dr. NEESE

Director

Ended
H. FICKERS

Managing director · until 31 décembre 2010

Ended
H. FICKERS

Managing director

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Other20/04/2016
    OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates17/06/2015
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/03/2015
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office18/12/2014
    SIEGE SOCIAL
    PDF
  • Mandates14/07/2011
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates14/07/2011
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates16/06/2008
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates22/06/2007
    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. 2014
    Annual accounts 2014-2 M €↓
  2. 2013
    Annual accounts 201380,2 k €↑
  3. 2012
    Annual accounts 2012-57,4 k €↓
  4. 2011
    Annual accounts 2011209 k €↑
  5. 2010
    Annual accounts 201083 k €↓
  6. 2009
    Annual accounts 2009159,4 k €↓
  7. 2008
    Annual accounts 2008749,8 k €↑
  8. 2007
    Annual accounts 2007653,1 k €↑
  9. 2006
    Annual accounts 2006503,1 k €
  10. 04/07/1969
    IncorporationPublic limited company