OPENING OF BANKRUPTCY

CG HOLDINGS BELGIUM NV

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Company — Opening of bankruptcy.

Financial year 2019 · Closed on 31/03/2019

Net result134,1 k €-96,2 %over 1 year
Revenue63,4 M €+17,5 %over 1 year
Equity132,4 M €+0,1 %over 1 year
Workforce126,3 ETP+2,9 %over 1 year

Identity

Source · BCE/KBO

CG HOLDINGS BELGIUM NV is a Public limited company incorporated in 1976. Its registered office is in Mechelen. It employs on average 126,3 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0416.576.891
Incorporation
16/11/1976
Legal form
Public limited company
Registered office
Antwerpsesteenweg 167
2800 Mechelen · FlandreSee on map
Latest accounts
31/03/2019
Average workforce
126,3 ETP
Joint committees (1)
  • 209
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 26 filings

Trend over 12 financial years

20192018201720162015
Income statement
Revenue63,4 M €54 M €67 M €107,3 M €78,9 M €
EBITDA5 M €7,6 M €5,1 M €1 M €4,8 M €
Operating result4,6 M €7,1 M €7,2 M €-1,7 M €5 M €
Net result134,1 k €3,5 M €24,1 M €-215,8 M €4,7 M €
Balance sheet
Equity132,4 M €132,2 M €128,7 M €39,6 M €255,4 M €
Total assets241,6 M €262,5 M €263,5 M €248,9 M €449,3 M €
Cash172,6 k €241 k €223,3 k €1,1 M €4,1 M €
Debts100,3 M €117,7 M €126 M €204,2 M €192,2 M €
Other
Workforce126,3 ETP122,7 ETP134,4 ETP142,4 ETP141,6 ETP

Board of directors

Source · NBB, accounts to 31/03/2019

5 active · 41 ended

Active mandates

Ramni Nirula

Director · since 25 mars 2019 · until 07 septembre 2020

Active
Koen Van Peteghem

Director · since 14 janvier 2019 · until 07 septembre 2020

Active
Sajal Mukherjee

Director · since 12 janvier 2017 · until 06 septembre 2021

Active
V.R. Venkatesh

Director · since 09 décembre 2016 · until 05 décembre 2018

Active
Neelkant Narayanan Kollengode

Director · since 09 février 2016 · until 06 septembre 2021

Active

Ended mandates

Sajal Mukherjee

Director · since 12 janvier 2017 · until 03 septembre 2019

Ended
V.R. Venkatesh

Director · since 09 décembre 2016 · until 04 septembre 2018

Ended
GAUTAM THAPAR

Director · since 09 février 2016 · until 09 décembre 2016

Ended
GAUTAM THAPAR

Director · since 09 février 2016 · until 04 septembre 2018

Ended

Other companies at this address

Antwerpsesteenweg 167 2800 Mechelen
CompanyCBE no.
CG POWER SYSTEMS BELGIUM NV● Bankrupt
0412.527.538
Pauwels Transformers● Active
0767.638.402

Full financial information

Source · NBB
201920182017201620152014
Type of accountConsolidated accountsConsolidated accountsConsolidated accountsConsolidated accountsConsolidated accountsConsolidated accounts
Start of the financial year01/04/201801/04/201701/04/201601/04/201501/04/201401/04/2013
Closing of the financial year31/03/201931/03/201831/03/201731/03/201631/03/201531/03/2014
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/11/201929/11/201830/11/201730/11/201620/11/201524/11/2014
General meeting01/01/999901/01/999901/01/999901/01/999901/01/999901/01/9999
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 26 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/03/201902/09/201927/09/2019DutchPDF
Consolidated accounts31/03/201901/01/999930/11/2019DutchPDF
Full model31/03/201803/09/201827/09/2018DutchPDF
Consolidated accounts31/03/201801/01/999929/11/2018DutchPDF
Full model31/03/201704/09/201712/10/2017DutchPDF
Consolidated accounts31/03/201701/01/999930/11/2017DutchPDF
Full model31/03/201605/09/201628/11/2016DutchPDF
Consolidated accounts31/03/201601/01/999930/11/2016DutchPDF
Full model31/03/201507/09/201526/10/2015DutchPDF
Consolidated accounts31/03/201501/01/999920/11/2015DutchPDF
Full model31/03/201401/09/201415/10/2014DutchPDF
Consolidated accounts31/03/201401/01/999924/11/2014DutchPDF
Full model31/03/201302/09/201302/12/2013DutchPDF
Consolidated accounts31/03/201301/01/999916/09/2014DutchPDF
Full model31/03/201203/09/201212/10/2012DutchPDF
Consolidated accounts31/03/201201/01/999923/10/2012DutchPDF
Full model31/03/201105/09/201129/11/2011DutchPDF
Consolidated accounts31/03/201101/01/999929/11/2011DutchPDF
Full model31/03/201006/09/201013/10/2010DutchPDF
Consolidated accounts31/03/201001/01/999927/10/2010DutchPDF
Full model31/03/200907/09/200914/10/2009DutchPDF
Consolidated accounts31/03/200907/09/200914/10/2009DutchPDF
Full model31/03/200801/09/200809/10/2008DutchPDF
Consolidated accounts31/03/200801/09/200821/10/2008DutchPDF

View all 26 filings

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.

Board of directors

Source · NBB, accounts to 31/03/2019

5 active · 41 ended

Active mandates

Ramni Nirula

Director · since 25 mars 2019 · until 07 septembre 2020

Active
Koen Van Peteghem

Director · since 14 janvier 2019 · until 07 septembre 2020

Active
Sajal Mukherjee

Director · since 12 janvier 2017 · until 06 septembre 2021

Active
V.R. Venkatesh

Director · since 09 décembre 2016 · until 05 décembre 2018

Active
Neelkant Narayanan Kollengode

Director · since 09 février 2016 · until 06 septembre 2021

Active

Ended mandates

Sajal Mukherjee

Director · since 12 janvier 2017 · until 03 septembre 2019

Ended
V.R. Venkatesh

Director · since 09 décembre 2016 · until 04 septembre 2018

Ended
GAUTAM THAPAR

Director · since 09 février 2016 · until 09 décembre 2016

Ended
GAUTAM THAPAR

Director · since 09 février 2016 · until 04 septembre 2018

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates13/01/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/10/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/04/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/02/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/01/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/12/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares09/11/2017
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares02/05/2017
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

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

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Timeline

  1. 2019
    Annual accounts 2019134,1 k €↓
  2. 2018
    Annual accounts 20183,5 M €↓
  3. 2017
    Annual accounts 201724,1 M €↑
  4. 2016
    Annual accounts 2016-215,8 M €↓
  5. 2015
    Annual accounts 20154,7 M €↓
  6. 2014
    Annual accounts 20146 M €↑
  7. 2013
    Annual accounts 2013-2,8 M €↓
  8. 2012
    Annual accounts 20127,4 M €↓
  9. 2011
    Annual accounts 201111 M €↓
  10. 2010
    Annual accounts 201024,5 M €↓
  11. 2010
    Name changeCG HOLDINGS BELGIUM NV
  12. 2009
    Annual accounts 2009102,7 M €↑
  13. 2008
    Annual accounts 200832,8 M €
  14. 2008
    Name changePAUWELS INTERNATIONAL
  15. 16/11/1976
    IncorporationPublic limited company