OPENING OF BANKRUPTCY

IVAREX

Financial year 2012 · closed on 31/12/2012
Net result
-86,1 k €
-3630.0% YoY
Gross margin
92 k €
-43.2% YoY
Equity
54 k €
-61.4% YoY
Workforce
2,8 ETP
0.0% YoY

Company — Opening of bankruptcy.

What does IVAREX do?

IVAREX is a Public limited company incorporated in 1977. Its main activity is: Wholesale of wood, construction materials and sanitary equipment. Its registered office is in Antwerpen. It employs on average 2,8 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0416.956.478
Incorporation
07/03/1977
Legal form
Public limited company
Registered office
Glasstraat 27
2170 Antwerpen · FlandreSee on map
Latest accounts
31/12/2012
Average workforce
2,8 ETP
Joint committees (2)
  • 124
  • 218
Signals
Healthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20122011201020092008
Income statement
Gross margin92 k €161,8 k €119,1 k €101,4 k €87,4 k €
EBITDA-72,9 k €27,9 k €33 k €40,1 k €47,2 k €
Operating result-80,7 k €21,6 k €28,2 k €36,2 k €43 k €
Net result-86,1 k €2,4 k €7,8 k €7 k €17,6 k €
Balance sheet
Equity54 k €140,1 k €137,6 k €129,9 k €122,9 k €
Total assets725,4 k €817 k €671 k €561,5 k €518,5 k €
Cash5,4 k €4,2 k €14,5 k €6 k €
Debts671,4 k €676,9 k €533,4 k €431,7 k €395,7 k €
Other
Workforce2,8 ETP2,8 ETP1,8 ETP1,0 ETP1,0 ETP
Governance

Board of directors

Seen on filing of 31/12/2012 · 3 active · 2 ended

Active mandates

Erwin VAN EVELGHEM

Managing director

Active
Ghislaine PHILIPS

Director

Active
Roger VAN EVELGHEM

Director

Active

Ended mandates

Erwin VAN EVELGEM

Managing director

Ended
Roger EVELGHEM

Director

Ended
At this address

Other companies at this address

CompanyCBE no.
0786.957.139
MIRAYActive
0717.888.585
Annual accounts

Full financial information

201220112010200920082007
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/201201/01/201101/01/201001/01/200901/01/200801/01/2007
Closing of the financial year31/12/201231/12/201131/12/201031/12/200931/12/200831/12/2007
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date01/08/201331/10/201231/08/201131/08/201031/08/200922/07/2008
General meeting30/06/201330/06/201230/06/201130/06/201030/06/200930/06/2008
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

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/201230/06/201301/08/2013DutchPDF
Abridged model31/12/201130/06/201231/10/2012DutchPDF
Abridged model31/12/201030/06/201131/08/2011DutchPDF
Abridged model31/12/200930/06/201031/08/2010DutchPDF
Abridged model31/12/200830/06/200931/08/2009DutchPDF
Abridged model31/12/200730/06/200822/07/2008DutchPDF
Abridged model31/12/200630/06/200731/07/2007DutchPDF
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 31/12/2012 · 3 active · 2 ended

Active mandates

Erwin VAN EVELGHEM

Managing director

Active
Ghislaine PHILIPS

Director

Active
Roger VAN EVELGHEM

Director

Active

Ended mandates

Erwin VAN EVELGEM

Managing director

Ended
Roger EVELGHEM

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Capital / shares28/03/2013
    BENAMING - KAPITAAL - AANDELEN
    PDF
  • Registered office20/01/2011
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates02/05/2007
    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. 2012
    Annual accounts 2012-86,1 k €
  2. 2012
    Name changeIVAREX
  3. 2011
    Annual accounts 20112,4 k €
  4. 2010
    Annual accounts 20107,8 k €
  5. 2009
    Annual accounts 20097 k €
  6. 2008
    Annual accounts 200817,6 k €
  7. 2008
    Name changeIMPORT - VERKOOP - AGENTUUR - REPRESENTATIE en EXPORT
  8. 07/03/1977
    IncorporationPublic limited company