OPENING OF BANKRUPTCY

BELGIAN NYLON INDUSTRIES

Financial year 2016 · closed on 31/12/2016
Net result
8,6 M €
+8.3% YoY
Revenue
62,8 M €
-18.7% YoY
Equity
-65,0 M €
+11.6% YoY
Workforce
164,5 ETP
+0.3% YoY

Company — Opening of bankruptcy.

What does BELGIAN NYLON INDUSTRIES do?

BELGIAN NYLON INDUSTRIES is a Public limited company incorporated in 1975. Its main activity is: Manufacture of refined petroleum products. Its registered office is in Kruisem. It employs on average 164,5 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0415.566.113
Incorporation
03/12/1975
Legal form
Public limited company
Registered office
Groenedreef(KRU) 5
9770 Kruisem · FlandreSee on map
Latest accounts
31/12/2016
Average workforce
164,5 ETP
Joint committees (1)
  • 120
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2016201520142013201220112010200920082007
Income statement
Revenue62,8 M €77,3 M €85,7 M €81,7 M €86,5 M €90,3 M €74,2 M €49,2 M €70,3 M €88,8 M €
EBITDA2,9 M €5,2 M €4,0 M €3,0 M €3,1 M €5,0 M €5,8 M €3,3 M €3,7 M €9,3 M €
Operating result792,0 k €3,1 M €2,2 M €1,3 M €1,5 M €2,3 M €2,9 M €-104,1 k €-451,7 k €5,5 M €
Net result8,6 M €7,9 M €-99,8 M €-16,1 M €-766,6 k €252,0 k €1,3 M €-1,7 M €-23,2 M €2,8 M €
Balance sheet
Equity-65,0 M €-73,6 M €-81,5 M €18,3 M €34,4 M €35,2 M €34,9 M €33,6 M €35,3 M €58,5 M €
Total assets44,1 M €37,8 M €30,5 M €43,7 M €62,2 M €62,0 M €66,5 M €73,0 M €80,2 M €112,3 M €
Cash7,7 M €2,6 M €182,2 k €607,6 k €1,3 M €559,7 k €529,0 k €1,6 M €872,8 k €2,5 M €
Debts5,7 M €7,9 M €8,5 M €24,9 M €27,4 M €26,4 M €29,9 M €36,6 M €40,9 M €48,6 M €
Other
Workforce164,5 ETP164,0 ETP153,1 ETP148,5 ETP149,0 ETP143,4 ETP144,6 ETP149,7 ETP153,3 ETP155,8 ETP
Governance

Board of directors

Seen on filing of 31/12/2016 · 4 active · 16 ended

Active mandates

BELGOTEX INTERNATIONAL

Director · since 26 juin 2014 · until 26 juin 2020 · 0447.505.441

Represented by Michel Van Waeyenberge

Active
Colle Stefaan

Director · since 26 juin 2014 · until 26 juin 2020

Active
Dirk Dees

Managing director · since 26 juin 2014 · until 26 juin 2020 · 0808.252.696

Represented by Dirk Dees

Active
Olivier Vandecasteele

Director · since 26 juin 2014 · until 26 juin 2020

Active

Ended mandates

BELGOTEX INTERNATIONAL

Director · since 26 juin 2014 · until 26 juin 2020 · 0447.505.441

Represented by Michel Van Waeyenberge

Ended
BELGOTEX INTERNATIONAL

Director · since 26 juin 2014 · until 26 juin 2020 · 0447.505.441

Represented by Michel Van Waeyenberge

Ended
Dirk Dees

Managing director · since 26 juin 2014 · until 26 juin 2020 · 0808.252.696

Represented by Dirk Dees

Ended
Stefaan Colle

Director · since 26 juin 2014 · until 26 juin 2020

Ended
At this address

Other companies at this address

CompanyCBE no.
0537.941.907
Annual accounts

Full financial information

201820172016201520142013
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/201801/01/201701/01/201601/01/201501/01/201401/01/2013
Closing of the financial year31/12/201831/12/201731/12/201631/12/201531/12/201431/12/2013
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date26/06/201926/06/201817/07/201728/06/201610/07/201510/07/2014
General meeting26/06/201926/06/201826/06/201727/06/201626/06/201526/06/2014
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/201826/06/201926/06/2019DutchPDF
Full model31/12/201726/06/201826/06/2018DutchPDF
Full model31/12/201626/06/201717/07/2017DutchPDF
Full model31/12/201527/06/201628/06/2016DutchPDF
Full model31/12/201426/06/201510/07/2015DutchPDF
Full model31/12/201326/06/201410/07/2014DutchPDF
Full model31/12/201226/06/201309/07/2013DutchPDF
Full model31/12/201126/06/201205/07/2012DutchPDF
Full model31/12/201027/06/201128/06/2011DutchPDF
Full model31/12/200926/06/201029/06/2010DutchPDF
Full model31/12/200817/07/200922/07/2009DutchPDF
Full model31/12/200726/06/200804/07/2008DutchPDF
Full model31/12/200626/06/200729/06/2007DutchPDF
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 31/12/2016 · 4 active · 16 ended

Active mandates

BELGOTEX INTERNATIONAL

Director · since 26 juin 2014 · until 26 juin 2020 · 0447.505.441

Represented by Michel Van Waeyenberge

Active
Colle Stefaan

Director · since 26 juin 2014 · until 26 juin 2020

Active
Dirk Dees

Managing director · since 26 juin 2014 · until 26 juin 2020 · 0808.252.696

Represented by Dirk Dees

Active
Olivier Vandecasteele

Director · since 26 juin 2014 · until 26 juin 2020

Active

Ended mandates

BELGOTEX INTERNATIONAL

Director · since 26 juin 2014 · until 26 juin 2020 · 0447.505.441

Represented by Michel Van Waeyenberge

Ended
BELGOTEX INTERNATIONAL

Director · since 26 juin 2014 · until 26 juin 2020 · 0447.505.441

Represented by Michel Van Waeyenberge

Ended
Dirk Dees

Managing director · since 26 juin 2014 · until 26 juin 2020 · 0808.252.696

Represented by Dirk Dees

Ended
Stefaan Colle

Director · since 26 juin 2014 · until 26 juin 2020

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other14/10/2019
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING
    PDF
  • Mandates10/07/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/07/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/07/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/07/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other25/02/2013
    BENAMING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates20/07/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/07/2010
    ONTSLAGEN - BENOEMINGEN
    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. 2016
    Annual accounts 20168,6 M €
  2. 2015
    Annual accounts 20157,9 M €
  3. 2014
    Annual accounts 2014-99,8 M €
  4. 2013
    Annual accounts 2013-16,1 M €
  5. 2012
    Annual accounts 2012-766,6 k €
  6. 2012
    Name changeNYOBE
  7. 2011
    Annual accounts 2011252,0 k €
  8. 2010
    Annual accounts 20101,3 M €
  9. 2009
    Annual accounts 2009-1,7 M €
  10. 2008
    Annual accounts 2008-23,2 M €
  11. 2007
    Annual accounts 20072,8 M €
  12. 2007
    Name changeBEAULIEU NYLON
  13. 03/12/1975
    IncorporationPublic limited company