OPENING OF BANKRUPTCY

IVAREX

Company — Opening of bankruptcy.

Financial year 2012 · Closed on 31/12/2012

Net result-86,1 k €-3 630,0 %over 1 year
Gross margin92 k €-43,2 %over 1 year
Equity54 k €-61,4 %over 1 year
Workforce2,8 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

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

Financials

Source · NBB, 7 filings

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

Board of directors

Source · NBB, accounts to 31/12/2012

3 active · 2 ended

Active mandates

DirectorMandates in this companyPeriod
Erwin VAN EVELGHEM
Managing director
Ghislaine PHILIPS
Director
Roger VAN EVELGHEM
Director

Ended mandates

DirectorMandates in this companyPeriod
Erwin VAN EVELGEM
Managing director2008 accounts
Roger EVELGHEM
Director2009 accounts

Other companies at this address

Glasstraat 27 2170 Antwerpen
CompanyCBE no.
0786.957.139
MIRAY● Active
0717.888.585

Full financial information

Source · NBB
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 7 filings
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

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 31/12/2012

3 active · 2 ended

Active mandates

DirectorMandates in this companyPeriod
Erwin VAN EVELGHEM
Managing director
Ghislaine PHILIPS
Director
Roger VAN EVELGHEM
Director

Ended mandates

DirectorMandates in this companyPeriod
Erwin VAN EVELGEM
Managing director2008 accounts
Roger EVELGHEM
Director2009 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Capital / shares28/03/2013
    BENAMING - KAPITAAL - AANDELEN
    PDF
  • Registered office20/01/2011
    wijziging maatschappelijke zetel
    PDF
  • Mandates02/05/2007
    ontslag en benoeming bestuurders, ontslag en benoeming afgevaardigd
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings5 filings
Mandates
Erwin VAN EVELGHEM
Roger VAN EVELGHEM
Ghislaine PHILIPS
Erwin VAN EVELGEM
Roger EVELGHEM
19771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
IVAREXIMPORT - VERKOOP - AGENTUUR - REPRESENTATIE en EXPORT
No data
Managing director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Glasstraat 27, 2170 Merksem (Antwerp)Current
CBE

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
IVAREXCurrent
accounts 2012
Accounts 2012 · 2013-38300411
IMPORT - VERKOOP - AGENTUUR - REPRESENTATIE en EXPORT
accounts 2008 → 2011
Accounts 2011 · 2012-62600111

Events

  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. 07/03/1977
    IncorporationPublic limited company